2-bedroom flat · SE10 8DZ
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Representing notable value for money and an enviable location, check out this huge and handsome first floor school conversion apartment (boasting a 1882 square feet footprint), with two double bedrooms and two bathrooms (one is an en suite), excellent storage and wonderful features – these include enormous sash windows, exposed-brickwork, and pleasing high ceilings.
You also have well-kept communal garden areas, a Freehold-share, and a dedicated parking space, in a delightful gated community setting.
For transport, you are a two minute walk from Deptford Bridge DLR (12 minutes to Canary Wharf). Or walk 12 minutes to Greenwich or Deptford main line stations.
There are lots of useful bus routes from the main road, too. Your local big green spaces (lucky you!) are Blackheath Common and Greenwich Park.
The smartly-converted Victorian schoolhouse development is secure and gated. Communal areas are well-kept and impress from the off. Exposed-bricks set your lovely scene.
Your own front door is on the first floor. You open into a generous hall space/lobby, with coat cupboard.
Open the oversized (bit of a theme, that!) door to your right to find the property’s main bathroom, which has a modern white suite and another door which connects you with the kitchen/dining room (which of course you can also access this from the hall).
Two gigantic reception rooms are next to impress. The natural living room is 25 feet by 20 feet with a southerly aspect, and 4.3 metre(!) ceiling height.
Your kitchen/dining room is double-aspect, and runs over 33 feet by over 22 feet (again, your ceiling is 4.3 metres away). Your fitted kitchen is a smart wooden one graced with granite counters.
Your mezzanine floor hosts two bright double bedrooms with a modern en suite shower room (accessed by both). There are separate staircases to each bedroom.
This is a super location, with Greenwich and its Royal Park, Royal Observatory, beauty spots and tourist attractions just a 10 minute walk away.
There are top and traditional pubs in Greenwich, too - a few of these are The Trafalgar, The Plume of Feathers, Richard the First and The Ashburnham Arms.
We should also mention the lovely free concerts/recitals nearby at St Alfege Church. Deptford is a cool spot as well, with regular markets and a pleasing variety of eateries and drinkeries.
Some of our favourite spots include The Dog & Bell pub, Watergate (both of these are found at the River Thames end of Deptford High Street), Stockton, Jars Bar, salt, Marcella, Badger Badger and Big John’s.
It is also seriously easy to get to Blackheath, New Cross, Peckham, Lewisham, Ladywell, Brockley, Canary Wharf and the City.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About Flat 9, Greenwich Academy, 50, Blackheath Road, Greenwich
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