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    Southbourne Gardens, Lee, SE12 8UQ

    2-bedroom flat · SE12 8UQ

    859 sq ft1 bath
    Asking
    £320,000

    For sale · Listed 5 days

    Chain freeNeeds work
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaRoyal Borough of Greenwich Article 4(1) (Houses in Multiple Occupation) Direction 2017 · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    An affordable opportunity to acquire this two bedroom split-level maisonette in need of modernisation located in the highly sought-after Courtlands development, within easy walking distance of Kidbrooke and Lee stations, bus stops and local amenities.

    The property boasts split level arrangement, offering a modern contemporary living arrangement with the added benefit of communal parking Offered chain Free Located within close proximity to Kidbrooke & Lee stations, the popular Colfes independent school, Wingfield Primary School, secondary schools the vibrant Blackheath Village.

    Tenure: Leasehold Lease Years Remaining: 122 Council Tax Band: C

    Chain free
    Needs work

    Key information

    Price per sq ft
    £373/sq ft
    Based on 859 sq ft (80 sq m)
    Floor area
    859 sq ft (80 sq m)
    Council tax band
    Band C
    Estimated ~£1,600/year
    Tenure
    Leasehold
    See leasehold details below
    Local authority
    Greenwich
    London Borough
    County
    Greater London Authority
    Lease remaining
    122 years
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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 advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market5 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market5
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    Still activeDay 5 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    SE12 · Live market data · flat only
    SE12 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Dexters, Lee logo
    Dexters, Lee
    listed on rightmove
    02088152210
    430-432 Lee High Road, Lee, London
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Southbourne Gardens, Lee

    How much is Southbourne Gardens, Lee?
    The asking price is £320,000.
    What kind of property is Southbourne Gardens, Lee?
    A 2-bedroom flat in SE12 8UQ.

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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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