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See how verdicts work2-bedroom flat · SE3 0TZ
For saleReduced £25k (−3.8%) on 7 OctListed 53 days
Opportunity summary
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About
In a prime location in the very centre of the open heath, a spacious two bedroomed garden floor flat of 1,146 sq.
Ft with a private side entrance, within this fine Grade II listed, early Victorian semi-detached house, built circa 1852 and originally named 'Rockingham'.
In 1909 the house was operated by the 'Addison' sisters as a "Day School for the Daughters of Gentlemen", the school closing in 1918 and then reverting to private use.
It has a re-tiled roof and is offered chain free. The entrance opens onto a private staircase leading down to the accommodation with excellent built-in shelving for cd storage, or similar.
The flat has high ceilings and features a large reception room with a fine fireplace and beautiful built-in bespoke cupboards/shelving and an incredibly useful two roomed cellar area, perhaps ideal as a study and work storage.
The main bedroom is large with built-in wardrobes and the second a small double, the kitchen is fitted with cream shaker style units and solid granite worktops.
The bathroom has a four piece white suite comprising a bath and a large separate shower cubicle. It has full gas fired central heating and original sash windows.
Some updating may be desired and superficial redecoration.
The sideway beside the entrance leads around to the communal rear garden, and the heath adjacent to the sideway with a large, mature tree, can be used as an area for summer sitting/bbq, with a fine view down towards the village and church.
The village is a short five minute walk, and the mainline railway station provides a fast service into central London, and there is an abundance or pubs, restaurants and shops.
The Royal Greenwich Park is just a short direct walk across the open heath, leading down to the historical attractions at Greenwich and the river Thames.
The Accommodation Comprises: Entrance Hall, Reception Room, Kitchen, Two Bedrooms, Bathroom, Gas Central Heating, No Chain.
EPC: D Council Tax Band: E Lewisham (Blackheath Conservation Area) Lease Term: 125 years from 20th October 2020 Ground Rent: £250 p.a. Maintenance: £1384.69 p.a. (includes Building’s Insurance).
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.
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FAQ
About Garden Flat, 1, Talbot Place, Blackheath
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