2-bedroom flat · SE3 9UZ
For saleReduced £15k (−2.5%) on 26 JunListed 271 days
Opportunity summary
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About
*Guide Price £625,000 - £650,000* An opportunity to acquire a superb, chain-free two-bedroom Span apartment with two reception areas on the first floor, set within The Priory, a highly regarded Eric Lyons–designed development nestled in the peaceful surroundings of The Cator Estate.
The apartment enjoys a light, open-plan living feel, thoughtfully arranged to suit modern lifestyles.
Carefully modernised by the current owners in 2021 to an excellent standard, the property features two well-proportioned bedrooms and a contemporary bathroom, and is now offered as a true turnkey home.
Combining the timeless appeal of Span’s celebrated mid-century design with refined modern finishes, this elegant apartment will appeal equally to discerning first-time buyers and those seeking to downsize without compromise.
The feature double length reception room with its clearly defined living and dining areas is flooded with natural light from the large windows which overlook the communal grounds.
In addition there is un allocated residents parking, a communal store room shared by the two flats on this floor and it benefits from a share of the freehold.
A short 0.7m stroll will get you to Blackheath Station, providing direct links to several London stations including London Bridge, Waterloo East, Cannon Street, Charing Cross & Victoria.
Changes are possible at Lewisham for the DLR, New Cross for the East London Line & Denmark Hill for Kings Hospital.
Blackheath Village really is a place you could spend all weekend, with a variety of popular retailers, plenty of independent coffee shops and restaurants and a delightful walk to Greenwich Market through Greenwich Park!
The large Sainsburys in Lee Green is also nearby.
Leasehold Lease Length: 999 years from 29th September 1955 Service Charge: £3720 pa Ground Rent: N/A London Borough of Greenwich - Tax Band: D Energy Efficiency Rating: D
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 46, The Priory, London
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