6-bedroom house · SE12 8LX
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial and highly impressive semi-detached “French Mansard” home, spanning approximately 2,718 sq ft, offering excellent potential to update and enhance, and benefitting from a rare double garage to the side (believed to be the only one of its kind for this style of house locally) along with off street parking on the driveway and an approx.
80ft rear garden.
The house retains a wonderful sense of scale and character, with many of the features buyers look for in a home of this era, including generous ceiling heights, bay windows, attractive fireplaces, and period detailing, whilst presenting a superb opportunity for a new owner to modernise and add value over time.
The accommodation briefly comprises: An entrance hall, two large and elegant reception rooms, both well-proportioned and ideal for entertaining or family living, and a spacious kitchen/breakfast room to the rear with direct access out to the garden.
There is also a ground floor cloakroom/WC and access down to a useful cellar, ideal for storage.
Upstairs, the first floor provides three bedrooms (including a particularly large principal bedroom) along with a study/occasional fifth bedroom and a family bathroom.
The top floor offers two further large double bedrooms and a separate shower room, creating a flexible layout that works well for families, guests, or home working. To the rear is the approx.
80ft garden, a mature and established space with plenty of room to landscape, extend (STPP) and create a fantastic indoor/outdoor flow.
To the side, the double garage and driveway parking are a standout feature and a genuine rarity for the area.
This is an exciting, sizeable house with huge upside and a truly unique garaging arrangement. Early viewings are highly recommended.
Micheldever Road is the flagship road of the Lee Conservation area and close to both Lee and Hither Green train stations, Manor House Gardens and Blackheath Village.
Travel time from Hither Green station to London Bridge is 9 minutes.
Hither Green and Lewisham station give access to Cannon Street, Charing Cross, Waterloo East and Victoria as well as Canary Wharf via Lewisham DLR.
There are several Ofsted rated ‘outstanding’ primary schools and excellent children’s day nursery options close by in Lee and Blackheath.
Colfes is just a 4 minutes’ walk and there are school bus pickups on Handen Road for both Eltham College and Farringtons.
Value & comps
No previous sales on record.
Returns
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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 2, Micheldever Road, Lee
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