We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SE13 7PB
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lacey House, Lewisham Hill Situated on the sought-after Lewisham Hill, this bright and spacious top floor purpose-built apartment offers two generous double bedrooms, a private south-west facing balcony, off-street parking, and access to a well-maintained communal garden.
Extending to approximately 734 sq ft, this well-proportioned home benefits from an abundance of natural light and enjoys far-reaching views across the local area.
Ideally located within easy reach of Lewisham Station, the property offers excellent transport links into Central London, making it an ideal purchase for first-time buyers, professionals, and investors alike.
Upon entering, you are welcomed by a spacious hallway with ample built-in storage.
The impressive reception room provides a bright and comfortable living space, with direct access to the private south-west facing balcony, perfect for relaxing or entertaining while enjoying the afternoon and evening sun.
The property features two large double bedrooms, both benefiting from built-in storage, offering practicality and excellent use of space.
The separate fitted kitchen provides ample cupboard and worktop space, while gas central heating ensures year-round comfort.
Further accommodation includes a separate bathroom and WC, offering potential for reconfiguration into a larger contemporary bathroom, subject to the necessary permissions and consents.
Local Amenities • Lewisham Station & DLR – approximately 0.5 miles, providing fast connections to London Bridge, Cannon Street, Canary Wharf and the City.
• Lewisham Shopping Centre – approximately 0.6 miles, offering a range of supermarkets, high street retailers, cafés and everyday conveniences.
• Blackheath Village – approximately 0.8 miles, known for its independent boutiques, restaurants, cafés and popular weekend market atmosphere.
• Greenwich Town Centre – approximately 1.5 miles, offering an extensive selection of shops, bars, restaurants and leisure facilities.
Green Spaces • Blackheath Common – approximately 0.6 miles, one of South East London's most sought-after open spaces, ideal for walking, sports and outdoor recreation.
• Manor House Gardens – approximately 0.5 miles, featuring landscaped gardens, tennis courts, a lake and children's play areas.
• Greenwich Park – approximately 1.4 miles, one of London's Royal Parks, renowned for its historic setting, panoramic city views and beautiful green open space.
• Hilly Fields – approximately 1.0 mile, a popular local park with tennis courts, café, playground and wide-open recreational space.
Schools Primary Schools • Morden Mount Primary School – approximately 0.3 miles (Ofsted: Good). • St Saviour's Catholic Primary School – approximately 0.5 miles (Ofsted: Good).
• Ashmead Primary School – approximately 0.6 miles (Ofsted: Good). • John Ball Primary School – approximately 0.8 miles (Ofsted: Outstanding).
Secondary Schools • Prendergast School – approximately 0.7 miles (Ofsted: Outstanding). • Prendergast Vale School – approximately 0.9 miles (Ofsted: Good).
• St Ursula's Convent School – approximately 1.0 mile.
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
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.
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
.png)
FAQ
About Flat 10, Lacey House,, Lewisham Hill, London
Explore nearby