2-bedroom flat · SE3 0XG
For saleReduced £25.1k (−4.8%) on 18 AugListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a beautifully light, airy and very unusual 2 bedroom split level maisonette with its own entrance door and an adjoining garage to the side.
This is a very sought after and leafy private development conveniently located just a short walk from Blackheath Village Station and shops thanks to the residents' footpath accessing both the open heath and the station car park.
The accommodation includes a huge reception room with a feature high, vaulted ceiling to the first floor with an attractive outlook, a well fitted kitchen and bathroom and two bedrooms.
On the ground floor there is a shower room and a door from the hall into the integrated garage. Outside there is an attractive lawned garden area for the flat. Energy Efficiency Rating E.
Chain free and highly recommended.
Tenure: Leasehold | Term 125 years from 01.01.1987 | Service Charge: £2,000 P/A | Ground Rent: £50 P/A | Council Tax – Local Authority London Borough of Lewisham, Band D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 89, St. Josephs Vale, London
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