2-bedroom flat · SE2 0DT
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Private Gardens | Established £1,650 pcm Rental Income | Garage En Bloc A well-presented two-bedroom ground floor maisonette offering an excellent opportunity for both buy-to-let investors and owner-occupiers, with private front and rear gardens, a garage en bloc and an attractive outlook over adjoining fields.
The property is currently achieving £1,650 pcm, providing an appealing opportunity for an investor seeking an established rental property with income from the outset, subject to the existing tenancy arrangements.
Internally, the accommodation is well proportioned and comprises a spacious reception room, two good-sized bedrooms, a bathroom and a fitted kitchen with built-in appliances.
The kitchen provides direct access to the rear garden, which enjoys a pleasant open aspect over fields and benefits from its own private entrance.
Presented in good condition throughout, the property is ready for immediate occupation and requires little in the way of initial improvement.
The combination of outdoor space, garage and practical ground floor accommodation also gives the property broad appeal within the local rental market.
Milford Close is conveniently positioned for excellent transport connections, with Abbey Wood Station providing access to the Elizabeth Line and Southeastern services.
The Elizabeth Line offers fast connections towards Canary Wharf, Liverpool Street and central London, making the area particularly attractive to commuters.
Local shops, amenities, schools and green open spaces are also readily accessible.
The property is offered with approximately 38 years remaining on the lease, which should be taken into consideration by prospective purchasers and their mortgage advisers.
Leasehold Lease Length: 99 years from 25th March 1966 Service Charge - Nil Ground Rent - £20 pa
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
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FAQ
About Milford Close, London
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