3-bedroom flat · SE13 5DP
For saleReduced £20k (−4.1%) on 1 OctListed 53 days
Opportunity summary
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About
An impressive 875 sq ft top-floor apartment within the exclusive gated Cedars Close development, offering generous accommodation, private parking and excellent transport links.
Offered with no onward chain.
This spacious apartment is one of the larger designs within Cedars Close and offers an appealing layout, making it an ideal choice for first-time buyers, professionals or those looking to downsize without compromising on space and comfort.
Located on the top floor of one of the original blocks within the development, the property benefits from having no upstairs neighbour, together with the added advantage of some loft storage.
The accommodation begins with a particularly wide entrance hall, featuring wooden flooring and double doors leading into the impressive lounge.
Measuring approximately 16'2 x 14'8, the reception room is a generous and light-filled space with twin windows.
The separate kitchen is positioned immediately alongside the lounge, creating a practical and convenient arrangement.
Both bedrooms are accessed directly from the entrance hall and have been newly decorated and fitted with new carpets.
The principal bedroom benefits from built-in wardrobes and its own ensuite shower room, while a separate family bathroom serves the remainder of the apartment.
The property has been redecorated throughout, providing a fresh and welcoming home that can be moved into with minimal effort.
There is also scope for a new owner to update the kitchen and bathroom fittings to their own taste.
Externally, the apartment benefits from a private allocated parking space situated directly in front of the building.
The property is offered with no onward chain, adding further appeal for buyers looking for a straightforward purchase.
Cedars Close is an exclusive gated development set within peaceful woodland surroundings on the historic grounds of the original Cedars mansion, which was thoughtfully redeveloped during the 1990s.
The development provides a rare combination of privacy, security and tranquillity, whilst remaining exceptionally well connected.
The location, just off Belmont Hill, is particularly convenient, being within walking distance of both Blackheath Village and Lewisham Town Centre.
A wide choice of independent cafés, restaurants, boutique shops, parks and everyday amenities can be found nearby. For commuters, both Blackheath and Lewisham stations are less than half a mile away.
Lewisham also provides DLR services, with both stations offering fast and direct connections into central London and Canary Wharf, including London Bridge, Cannon Street, Waterloo East, Charing Cross, Victoria and Bank.
A generously proportioned top-floor apartment in a highly regarded gated development, combining peace and privacy with exceptional convenience.
Tenure - Leasehold Lease Length: 125 years from 1st December 1997 Service Charge - £3,030 P/A Ground Rent - £560 P/A Council Tax Band - F
Value & comps
No previous sales on record.
Returns
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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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