Studio flat · DA9 9DG
Listing removedListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £150,000 The Homes Group are delighted to offer to the market this beautifully presented ground floor super studio apartment with bedroom area, located in a popular close in Greenhithe that is situated within 0.6 miles of Stone Crossing Station.
The flat has a 12' x 11' living area with double glazed double doors facing the communal area to the rear, an 8' x 6'3 kitchen with double glazed window to the rear, a separate bathroom and a 9'3 x 7'5 bedroom area with a double glazed window to the side.
The property also benefits from an allocated parking space in the car park to the side of the building.
Tenure Leasehold - Lease Term: 125 years from 25th March 1989 - Ground Rent: £104 per annum - Service Charge: We have been advised by the seller that the current service charge is £2264 per annum.
which is paid monthly. Information will be verified by vendors solicitors.
Communal Entrance - Entrance Hall - Kitchen - 2.44m x 1.91m (8' x 6'3) - Living Area - 3.66m x 3.35m (12' x 11') - Bedroom Area - 2.82m x 2.26m (9'3 x 7'5) - Bathroom - Allocated Parking Space - Tenure - Leasehold - Council Tax - Band B -
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Winston Close, Greenhithe
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