2-bedroom flat · SE28 0BP
For saleReduced £5k (−1.6%) on 21 JunListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free is this well presented two bedroom, two bathroom first floor apartment with allocated parking.
Conveniently located for Woolwich town centre, mainline station, DLR and Elizabeth line.
This spacious apartment which is presented in good condition throughout comprises 15ft reception room with Juliette balcony.
A modern fitted kitchen with a range of wall and base units with complimentary work surfaces. Integrated oven, gas hob and filter hood. Space for further appliances.
There are two double bedroom, the master bedroom 14ft x 11ft boasts a en-suite shower room, wood laminate flooring and fitted wardrobes. Bedroom two, 11ft x 8ft, has wood laminate flooring.
Off of the hallway you will find the three piece bathroom suite comprising a panelled bath with shower above the bath low level WC and vanity wash hand basin with storage under.
Additional benefits include gas central heating, double glazing and private allocated off street parking space.
This property is an ideal first time buy or investment so viewings are highly recommended.
Located in one of South East London’s up and coming areas, this bright and airy property is positioned within close proximity of the shopping amenities of Plumstead and Woolwich offering a wide range of supermarkets, bars and restaurants.
For the busy commuter, you are spoilt with the fantastic transport facilities of Plumstead Rail Station as well as Woolwich Arsenal as well as the DLR and the Elizabeth Line (Crossrail).
Lease: 125 years from 27th February 2003 - 101 Years Remaining Ground Rent: £200 Per Annum Service Charge: £172.50 Pcm Council Tax – Band C Energy Efficiency Rating C
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 Flat 4, East Lodge,, Allenby Road, London
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