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See how verdicts work2-bedroom flat · SE10 9LJ
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Payne are delighted to present an immaculate sixth floor apartment, situated within the popular Valegro House development, boasting 850 sqft of living space and a good sized balcony enjoying leafy, rooftop views across Greenwich.
The property has been finished to a high standard and comprises of an entrance hall, family bathroom, storage cupboard, kitchen/reception room, with quartz work surfaces and integrated appliances, leading on to a south facing balcony.
There are two double bedrooms: A master suite with built in wardrobes and an en-suite bathroom and a second double with access on to the balcony.
Additional benefits include; triple glazing, secure entry, well-maintained communal gardens, secure bike storage and two resident's lifts.
Valegro House is situated just 0.2 miles from Greenwich station, providing excellent and frequent overground and DLR connections into Central London and the City.
Greenwich itself provides an array of shops, bars eateries, historic park, World Heritage Site and a selection of regular markets all within walking distance.
Lease length - 199 years from 1st January 2021 (193 years remaining) Service Charge - £2,200 pa Ground Rent - N/A The London Borough of Greenwich - Council Tax Band - D Energy Efficiency Rating - C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About Flat 604, Valegro House, 114, Norman Road, London
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