3-bedroom flat · SE8 5RD
No longer listedListed 20 days
Opportunity summary
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About
'Heritage Property Agents are delighted to present this well-presented three-bedroom flat on Grove Street, Deptford.
Situated on the ground floor of Strafford House and accessed through a communal entrance, the property offers accommodation arranged entirely on one level, with a private balcony and flexible furnishing arrangements.' 'The accommodation comprises two double bedrooms and one single bedroom, alongside a bright, separate reception room with space for both living and dining.
Wood-effect flooring and neutral décor create a welcoming interior, while direct access from the reception room leads onto the private covered balcony, overlooking the surrounding greenery.' 'The separate fitted kitchen features contemporary grey cabinetry, ample cupboard and worktop space, a gas hob, built-in oven and microwave, fridge/freezer and washing machine.
A modern shower room includes an enclosed shower, washbasin, WC and heated towel rail, complemented by an additional separate WC.' 'Presented in good condition throughout, the flat also benefits from gas central heating and built-in storage in some bedrooms.
Limited on-street parking is available locally, subject to availability and any applicable restrictions.' 'The location offers access to several local green spaces, including nearby Sayes Court Park, which has gardens and a children-s play area, as well as Deptford Park and Pepys Park.
Deptford Park Primary School is also located nearby on Evelyn Street.' 'Transport options include Deptford station, with direct services to London Bridge and London Cannon Street.
The local 199 bus route provides connections to Surrey Quays, Canada Water, Greenwich and Lewisham, with Jubilee line and London Overground connections available at Canada Water.' 'Deptford High Street and Deptford Market Yard offer shopping and places to eat and drink, while Tesco Express on Deptford High Street provides a convenient option for everyday essentials.' 'The property is offered ' 'part-furnished' ', with the furniture shown in the photographs available to remain or be removed to suit the incoming tenant.'
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
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FAQ
About Flat 7, Strafford House, London
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