3-bedroom terraced house · SE14 6QP
For saleListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £900,000 - £950,000 *** Discover a unique investment opportunity with this freehold development, perfectly positioned in a prime South East London location.
This period conversion thoughtfully combines residential comfort with commercial potential, presenting a compelling proposition for discerning investors.
The property comprises three well-appointed one-bedroom flats, each designed to appeal to the strong local rental market.
Complementing these residential units is a versatile commercial space, adding significant value and income diversity to the portfolio.
This strategic blend ensures a robust annual rental income of £53,360, making it an attractive asset for those seeking a stable and rewarding return.
Each of the three one-bedroom flats offers a comfortable and contemporary living environment, ideal for single professionals or couples drawn to the vibrant energy of SE London.
The layouts are practical and inviting, featuring modern finishes that align with current tenant expectations.
The commercial unit offers flexible space, suitable for a range of business ventures, thereby further enhancing the property's appeal and income-generating capabilities.
Located moments from the bustling hubs of New Cross and Deptford, residents and businesses alike benefit from excellent transport links.
Commuting into central London and beyond is effortless, with a choice of Overground and National Rail services readily available.
This connectivity is a key driver of the strong local rental demand, ensuring consistent occupancy and attractive yields for the residential units.
The surrounding areas of New Cross and Deptford are renowned for their vibrant cultural scenes, independent shops, diverse eateries, and green spaces.
This dynamic environment creates a highly desirable lifestyle for tenants, which in turn contributes to the property's long-term investment viability.
The proximity to Goldsmiths, University of London, also adds to the robust demand for rental accommodation in the vicinity.
There is also planning approved for a two-storey extension, which can be found on the Lewisham planning portal DC/17/101994 Please note that we are still looking into the council band and advertised as C, and the business is not affected Personal Interests Dec: In accordance with section 21 of Estate Agents Act 1979, we declare there is a personal interest in the property, the vendor of the property is an employee of this Estate Agent.
Agents Note We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Kallars Ltd. AML Disclaimer Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale.
Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 137a Lewisham Way
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