1-bedroom flat · SE18 4GB
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Price Reduced ! A well presented one bedroom ground floor balcony apartment near Queen Elizabeth Hospital (nhs) with parking and close to all amenities.
An ideal purchase for first time buyers, professionals or landlords.
Total floor area: 45m2 No Chain Lease tenure: 231 years unexpired (249 years from 1 Jan 2006) Service Charge: £1582.96 per annum - (includes water) Ground Rent: £300 per annum Council Tax Band: B (£1,330.07 per annum or £110.83 per monthly) Allocated Underground Parking: Accommodation includes a secure private parking space, open plan living space with private balcony, modern fitted kitchen, one double bedroom& one bathroom.
It is a well-connected development which is ideally located for commuters with multiple bus routes to North Greenwich tube station, Woolwich Elizabeth line station (8 mins to Canary Wharf, 15 mins to Liverpool Street or 56 mins to Heathrow), Woolwich Arsenal National Rail and DLR stations (5 minutes to London City Airport), Woolwich Thames Clipper Pier for ferry transportation to the city or alternatively you can take a 30 minute walk to Woolwich Dockyard station (19 minutes to London Bridge or 25 mins to Cannon Street).
This flat is within close proximity to a range of amenities such as shopping facilities at Charlton retail parks (M&S, Sainsbury's, asda & ikea), the O2 arena, bars, restaurants, cinemas, parks, Greenwich and Woolwich markets, as well as entertainment like Punchdrunk and Woolwich Works (one of London's newest destinations for live music, art and comedy).There are many parks and green open spaces to enjoy, including Hornfair Park, Charlton House (gardens, play area and skate park), Oxleas Woods, Shrewsbury Park, Blackheath Common and Greenwich Park.
The property is within walking distance of an Ofsted Outstanding primary school (Cherry Orchard) and many other ''good' primaries are located in the area.
The Ofsted "Outstanding" Leigh Academy Blackheath, a secondary school, is within walking distance on Old Dover Road.
The house is also in catchment for the Outstanding Harris Academy (3.3miles) Greenwich and Eltham Hill girls school (3.2miles) as well as some of the grammar schools. Tenure: Leasehold
Value & comps
No previous sales on record.
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 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 Bush House,Berber Parade, Shooters Hill, London
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