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See how verdicts work1-bedroom flat · SE18 4PS
No longer listedListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish and much improved one double bedroom apartment found on the ground floor of the historic Royal Herbert Pavilion.
Sold chain free and set in seven acres of grounds with a fitness centre, swimming pool and tennis courts.
The accommodation comprises a good size reception room, a separate and attractive modern kitchen with integrated appliances including washer/dryer and dishwasher.
There is a large master bedroom and a beautiful modern wet room. The property is in excellent good decorative order with large sash windows, Amtico flooring and gas fired central heating.
The property further benefits from a parking space and is sold chain free and with a share in the freehold. This is an impressive apartment and your immediate viewing is a must.
The historic grade II listed Royal Herbert Pavilions is a sought after private development. It is a conversion of the old military hospital which was built in 1865.
Features of the development include the use of fitness centre, an indoor swimming pool, jacuzzi, sauna, gymnasium, tennis court, residents bar to relax in and vast landscaped communal gardens.
The Royal Herbert Pavilions is a 12mins bus ride to Woolwich Overground, DLR and newly opened Elizabeth Line Stations, giving access to Central London, Canary Wharf, and City, Luton and Heathrow Airports.
There are additional routes from Kidbrooke Rail Station (10mins bus), Eltham Rail Station (7mins bus) and 15mins bus to picturesque Blackheath with its array of boutiques, bars, restaurants, and rail Station.
Also, there is a new chariot shuttle minibus service to North Greenwich Jubilee line from Shooters Hill.
The ancient 8,000 year old Oxleas Woods, which houses Severndroog Castle with excellent views of London is just across the road.
Lease remaining: Share of Freehold 990 years 9 months Ground Rent: £200 Service Charges: £1216 Reserve fund: £1092 Insurance: £552 Leisure club fees: £1070 Local Authority: Greenwich Tax Band: C N.B.
These details have been provided by the vendor. Any interest party should have these checked by a solicitor as part of the purchase process.
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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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.
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FAQ
About 23, Sutherland House, Shooters Hill
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