2-bedroom flat · SE28 8GF
For saleReduced £10k (−4.2%) on 13 OctListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £240,000 to £260,000*** Situated in a central Thamesmead, this charming ground floor flat offers a fantastic opportunity for first-time buyers or investors.
Boasting two well-proportioned bedrooms, a spacious living room, and a modern kitchen, this property is perfect for comfortable living.
The residents' parking adds convenience for those with vehicles, and the property is offered with no chain, making for a smooth and hassle-free purchase process.
Located within commutable distance from the Elizabeth Line at Abbey Wood station providing easy access to transport links, this flat is ideal for commuters.
Don't miss out on the chance to own this delightful property in a sought-after area. Contact us today to arrange a viewing and secure your future home or investment opportunity.
Key terms This property is within easy reach of Abbey Wood, which is named after the ancient woodlands that surround the remains of the Lesnes Abbey founded in 1178, has an abundance of open space with Bostall Heath and Lesnes Abbey being the most popular along with miles of Green Chain Walks.
The Crossrail project has resulted in a dramatic increase in demand for properties in this area.
Entrance Hall Door to front, intercom, two cupboards one housing water cylinder, carpet Lounge (19' 3" x 15' 2" (5.87m x 4.62m)) To widest point.
Double glazed window to rear, wood laminate flooring, open aspect to kitchen Kitchen (8' 5" x 8' 3" (2.57m x 2.51m)) Wall and base units with work surfaces above, stainless steel sink and drainer with mixer tap, integrated oven and hob, space for washing machine, space for fridge/freezer, part tiled walls, tiled floor Bedroom 1 (12' 5" x 8' 9" (3.78m x 2.67m)) Double glazed window to front, electric heater, carpet Bedroom 2 (9' 9" x 8' 6" (2.97m x 2.6m)) Double glazed window to front, carpet Bathroom Panelled bath with mixer tap and shower attachment, pedestal wash hand basin, low level wc, part tiled floor, vinyl flooring Parking Residents parking
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Flat 2, 24, Meadowford Close, London
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