2-bedroom flat · SE13 6SS
For saleReduced £50k (−14.3%) on 21 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming maisonette is conveniently located in Hither Green, the accommodation offers a total 546sqft of floorspace with direct access to a private garden!
As you enter, you’ll step into the bright and airy open plan reception room which is neutrally decorated providing a cosy living space at the front.
The u-shaped kitchen offers plenty of worktop space with some integrated appliances fitted, matching wall hung units and a breakfast bar.
Next is the family bathroom suite directly behind the kitchen, and access to the second bedroom alongside which is a good size single room, perfect for an office space if needed.
Lastly, at the back is the master bedroom which comfortably fits a double bed with space for wardrobes and pleasantly overlooks & provide access to the private garden!
The low maintenance garden is a lovely spot to enjoy some sunshine or perhaps have a barbeque with the summer ahead! There’s also a handy shed for storage along the side.
This maisonette has lots of potential to add value and modernise it to your taste with some additional benefits including gas central heating, double glazing, residents parking available nearby, low maintenance charges, share of freehold and being sold chain free!
Springbank Road is superbly located in the heart of Hither Green, one of Southeast London’s most desirable and well-connected neighbourhoods.
There is a great choice of amenities with some convenience stores and takeaways along the road.
Hither Green Station (Zone 3) is 0.3m walk which offers fast and frequent transport into London Bridge and Charing Cross, or the next stop is Lewisham with access to the DLR for even more options into the city!
There’s also The Station Pub, a gastro pub and local favourite also serving food to enjoy some brunch with family and friends.
Manor house gardens is also a lovely local park which features a walled flower garden, ornamental pond, icehouse, cafeteria, children's playground and tennis courts/multi-purpose sports pitches.
Lewisham Shopping centre is around the corner and offers a range of boutique shops, branded stores, cafes, coffee shops and loads of restaurants to enjoy and a cinema due to open soon!
We’re expecting this maisonette to be a popular choice, please call our office to arrange a viewing or ask any more questions.
Lease - 125 years from 1st January 2016 (115 years remaining) Service Charge - As & When Ground Rent - N/A London Borough of Lewisham - Council Tax Band - B Energy Efficiency Rating - C
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.
Area
Agent & docs
FAQ
About 111a, Springbank Road, London
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