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See how verdicts work2-bedroom flat · SE13 5SN
For saleReduced £25k (−6.7%) on 29 JulListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £450,000 – £500,000 | chain free | Please Quote HM1127 For All Enquiries Set within the popular Forge House development, this beautifully presented first-floor apartment offers bright, modern living just a short stroll from the heart of Blackheath Village.
With well-balanced accommodation, plenty of natural light, and an unbeatable location, this is a home perfectly suited to everyday London living.
Extending to approximately 603 sq ft, the apartment welcomes you with a spacious entrance hall leading into a fantastic open-plan living and dining space, ideal for relaxing after a long day or hosting friends and family.
French doors open onto a charming Juliet balcony, allowing light to pour in and creating a lovely airy feel throughout.
The contemporary kitchen is smartly designed with integrated appliances, modern units, and generous worktop space.
There are two bedrooms, including a comfortable principal bedroom and a versatile second room that works equally well as a guest bedroom, home office, or creative space.
A stylish, modern bathroom completes the home, finished with clean lines and quality fittings.
Additional benefits include secure phone entry, gas central heating, double glazing, and a well-kept development that feels safe, quiet, and welcoming.
The location is where this property really shines.
Tucked just off Lee High Road, you have everyday conveniences close by, while a short walk brings you straight into Blackheath Village, known for its relaxed, community feel and independent spirit.
Here you’ll find a great mix of cafés, restaurants, cosy pubs, and local shops, perfect for weekend brunches, evening drinks, or a leisurely coffee stop.
The open green spaces of Blackheath are nearby and provide a wonderful escape from city life, whether it’s morning runs, dog walks, or simply enjoying the outdoors.
Continue a little further and you’ll reach Greenwich Park, offering some of London’s best views along with beautiful landscaped grounds and historic surroundings.
For commuters, Blackheath Station is approximately 0.6 miles away, with direct services into London Bridge, Charing Cross, Cannon Street, and Victoria, making daily travel into Central London straightforward and convenient.
A fantastic opportunity for first-time buyers, professionals, or investors looking for a well-located home in one of South East London’s most loved neighbourhoods.
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
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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
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FAQ
About Forge House,Flat 5, Dacre Park, London
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