We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · SE8 5EY
No longer listedListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury 3-Bed Investment Apartment | Balcony + Gym + Parking Space | SE8 5EY This stunning top-floor three-bedroom apartment combines luxury finishes, generous living space, and exceptional on-site amenities, all within a highly desirable Zone 2 location.
Spanning approximately 1,008 sq ft with an additional 45 sq ft private balcony, the apartment offers bright and airy open-plan living.
The Amtico lvt flooring throughout enhances the sense of style and durability, while a floor-to-ceiling mirrored feature wall in the living/dining area creates a contemporary focal point and amplifies natural light.
The modern kitchen features a sleek island, integrated appliances, and a built-in wine fridge, ideal for entertaining.
The principal bedroom includes a stylish en suite, while two further bedrooms are served by a contemporary family bathroom finished to a high specification.
Additional highlights include a secure underground gated parking space, video intercom, lift access, and CCTV surveillance.
Residents enjoy access to a 24/7 air-conditioned gym, concierge and porter services, shared roof garden, and landscaped courtyards.
There’s also secure bike storage and an on-site artisan coffee shop, adding to the convenience and lifestyle appeal of the development.
Perfectly placed for commuters, the property is just 5 minutes from Surrey Quays Overground and 10 minutes from Canada Water (Jubilee Line), offering fast connections to Canary Wharf, London Bridge, and beyond.
The River Thames, Deptford Market, and new local developments are all within easy reach.
Key Details Tenure: Leasehold – 991 years remaining Service Charge: £5,176/year Ground Rent: £583/year to book A viewing – Use the brochure link in the full property description on Rightmove 24/7 or call our team directly.
We’re available Monday to Friday, 9am–6pm, and Saturday, 9am–5pm.
Property Ownership Information Tenure Leasehold Council Tax Band D Annual Ground Rent £583.00 Ground Rent Review Period Every 1 year Annual Service Charge £5,100.00 Service Charge Review Period Every 1 year Lease End Date 21/12/3011 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
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FAQ
About Flat 17/Gothenburg Court, Bailey Street, London
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