Studio flat · SE28 8NR
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property is a spacious second-floor Studio Apartment situated in the Thamesmead East area of southeast London.
The property has been recently renovated to a high quality standard, with quality wooden flooring throughout, a fitted kitchen with space for freestanding appliances and a fully tiled bathroom.
Thamesmead East, located within the London Borough of Bexley, is a residential district developed primarily in the mid-20th century on former marshland along the south bank of the River Thames .
The area features a mix of terraced and semi-detached housing, with a significant portion in the social rented sector . The population is diverse, with a substantial representation of Black and African communities.
Proficiency in English varies, with some residents having below-average levels.
The area has a youthful demographic, with many families and young children . Thamesmead East benefits from bus services connecting to nearby train stations, including Abbey Wood and Woolwich Arsenal, providing access to central London.
The area is also served by the recently extended Elizabeth Line, enhancing connectivity. The district offers various amenities, including local shops, schools, and recreational spaces.
Ongoing regeneration projects aim to improve infrastructure and housing, contributing to the area's growth and appeal. Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent £20.00 Ground Rent Review Period No review period Annual Service Charge £2,280.00 Service Charge Review Period Every 1 year Lease End Date 01/01/2983 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 25, Fleming Way, London
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