2-bedroom flat · SE3 9HB
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly situated, and very spacious, two double bedroomed, ground floor maisonette in need of comprehensive modernisation and refurbishment.
The private front door opens into a long entrance hall with large walk-in storage and a glazed door leading to the very generous inner hallway off which all the rooms are accessed.
The reception room has a wide bay window to the front (west-facing) and a fireplace whilst the kitchen has space for a small dining table, the original pantry cupboard and a door to the communal garden at the rear.
Both the bedrooms are well-proportioned doubles, the bathroom currently has a good sized shower cubicle rather than a bath, and there is a second separate lavatory with wash-hand-basin.
Lock Chase is a popular development of houses and maisonettes built in the 1950s in a quiet location off the top of Lee Park in Blackheath Conservation Area, a few hundred yards from the centre of the village, station and the heath.
There is no fixed annual maintenance charge, each maisonette maintains their own property.
The Accommodation Comprises: Hall, Reception Rooms, Kitchen, Two Bedrooms, Bathroom, W.C., Communal Gardens, Garage, Gas Central Heating, No Chain.
EPC: D Council Tax Band: D Lewisham Lease Term: 120 years unexpired (148 years from 24th June 1999) Ground Rent: £0 p.a.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 43, Lock Chase, Blackheath
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