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See how verdicts work1-bedroom flat · SE3 7QD
For saleReduced £20k (−11.8%) on 1 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a popular residential development in a highly convenient Blackheath location, this well-proportioned studio apartment presents an excellent opportunity for first-time buyers, investors or those seeking a London pied-à-terre.
The property offers approximately 259 sq ft (24 sq m) of accommodation and is currently in need of modernisation, providing an incoming purchaser with an exciting opportunity to refurbish and create a stylish contemporary home to their own specification.
The main reception/bedroom measures approximately 14'4" x 11' and benefits from excellent natural light through two windows, offering ample space to create defined sleeping, living and dining areas.
Built-in storage further maximises the available floor space. A separate kitchen sits just off the main living accommodation, while the apartment is completed by a private bathroom.
Externally, the development is surrounded by mature greenery and benefits from shared residents' parking, a particularly useful feature in this sought-after part of SE3.
The property is positioned close to Greenwich Park, with Blackheath, Greenwich and the amenities around the Royal Standard all within easy reach.
For commuters, Maze Hill is approximately 0.4 miles away, with Westcombe Park and Blackheath stations also accessible, providing excellent connections towards central London.
Offering considerable potential to add value through refurbishment, this is an ideal opportunity to acquire a studio apartment in an established development within one of South East London's most desirable locations.
Tenure Leasehold Lease Length 999 years from 1 January 1985 958 Years Remaining Ground Rent £80 pa Service Charge £1,168.67 pa Local Authority Greenwich Council Tax Band B Energy Efficiency Rating C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 8, 6, Vanbrugh Park Road West, London
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