3-bedroom house · DA17 5BZ
Sold STCReduced £20k (−7.7%) on 23 SepListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering an excellent opportunity to acquire a generously proportioned three-bedroom maisonette with its own private entrance, private fenced front garden and approximately 940 sq ft of well-planned accommodation arranged over two floors.
The property offers an excellent balance of space, proportions and potential, with accommodation comprising a spacious reception room, separate kitchen, three well-proportioned bedrooms, bathroom, useful wardrobe/storage space and a private front garden.
The layout is particularly appealing for families, with the living accommodation positioned on the ground floor and all three bedrooms arranged across the first floor.
While the property would benefit from cosmetic refurbishment and modernisation, the fundamentals are excellent.
The proportions are generous throughout, the layout is practical and there is considerable scope for a new owner to add their own style and improve the overall finish.
With approximately 940 sq ft of accommodation, this represents a substantial amount of space for the money, particularly when combined with the benefit of a private entrance and private outdoor space.
The lease currently has approximately 86 years remaining.
However, the sellers are prepared to agree to a lease extension, with a new extended lease to be implemented upon completion, subject to the agreed offer price.
This offers prospective buyers the opportunity to secure the property with the lease position addressed as part of the sale, subject to agreed terms.
Clive Road is well positioned for commuters and families alike, with Belvedere Station providing regular rail services and Abbey Wood's Elizabeth Line station also accessible for fast connections into central London and beyond.
The surrounding area offers a strong community feel, with local parks, schools and everyday amenities all within easy reach.
A property offering space, privacy, outdoor space and genuine potential, this is an excellent opportunity for buyers seeking a substantial three-bedroom home with the flexibility to modernise and make it their own.
Tenure Leasehold Lease Length 125 years from 24 June 1982 81 Years Remaining Ground Rent £10 per year Service Charge £1,535.64 per year Local Authority Bexley Council Tax Band B Energy Efficiency Rating C
Value & comps
No previous sales on record.
Returns
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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 111, Clive Road, Belvedere
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