2-bedroom flat · SE12 9BH
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GAVESTONE ROAD, SE12 — LEE / HORN PARK | See Virtual Tour 625 SQFT | 2 BED | 1 BATH | FIRST FLOOR (OWN ENTRANCE) | LEASEHOLD 91 YRS | EPC D ASSET First-floor two-bedroom flat, 625 sqft gross internal, with its own private entrance at ground level and an internal staircase rising to the accommodation.
Two double bedrooms — the second with two built-in wardrobes — a reception room, a separate fitted kitchen and a family bathroom.
A purpose-built flat on a residential street in the Horn Park quarter of SE12, within the Royal Borough of Greenwich. TENURE & HOLDING COSTS Leasehold — 91 years remaining. Ground rent: £10 per annum.
Service charge: £700 per annum. Council tax: B (Royal Borough of Greenwich). EPC: D. CONDITION To be confirmed. Services and appliances have not been and will not be tested.
CONNECTIVITY Lee (Southeastern) — around 0.5 miles, with direct services to London Charing Cross averaging 25 minutes and Cannon Street via Lewisham for the City.
Grove Park (Southeastern) — approximately 1 mile, adding main-line services and the Bromley North shuttle.
Horn Park and its playing fields sit immediately east, with Eltham High Street's shops and the A20 road links a short distance away and the green spaces of Grove Park and Chinbrook Meadows to the south.
BUY CASE A two-double-bedroom flat with its own front door and combined holding costs of around £710 per annum — a ground rent of £10 and a £700 service charge give running costs rarely seen on London leasehold stock.
For an owner-occupier, a first purchase with house-style entrance arrangements and a 25-minute run to Charing Cross.
For an investor, a clean single let to the Lee and Eltham commuter market with outgoings that protect net yield.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property as prescribed by the Money Laundering Regulations 2017.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Gavestone Road, SE12
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