2-bedroom house · SE10 8UL
No longer listedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Truepenny's are delighted to bring to market a superb two bedroom locally listed house built in 1848, located in the ever popular Ashburnham Triangle conservation area of West Greenwich.
Deposit £3,692 Available October 2nd Truepenny's are delighted to bring to market a superb two bedroom locally listed house built in 1848, located in the ever popular Ashburnham Triangle conservation area of West Greenwich.
Greenwich Station, offering National Rail and DLR services providing services to Canary Wharf, the city and London Bridge, is within easy reach.
On the lower ground floor, you will find a good sized bedroom and a wonderful modern kitchen/breakfast room that provides direct access to the garden at the rear.
The ground floor comprises two bright reception rooms, flooded with light from sash windows. Both rooms enjoy the benefit of feature fireplaces.
The top floor of the property offers an impressive and well proportioned bedroom with en-suite and a family bathroom, decorated and fitted out to a very high specification throughout.
This house is also a short walk from local amenities and attractions including the famous Greenwich market, Greenwich Park with it's famous Observatory, The Cutty Sark and numerous shops and restaurants.
We advise viewing at your earliest opportunity. Information and services Council Tax Band: F local authorities: Royal Borough of Greenwich Services: Mains water and electricity.
Truepenny's Property Consultants for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the vendor or Truepenny's Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny's Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
General Information Truepenny’s Property Consultants for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within thes eparticulars are made without responsibility on the part of the vendor or Truepenny’s Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
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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 33, Ashburnham Grove, Greenwich
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