2-bedroom house · SE18 4BT
Sold STCReduced £25k (−5%) on 18 AugListed 533 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
John Payne are delighted to offer to the SE18 market this, two bedroom two-bathroom home on Parade Ground Path, measuring 904 square feet, this unique home is steeped in history, offering contemporary design and luxurious living Beautifully presented the accommodation comprises an open plan kitchen and reception room, two double bedrooms, en-suite shower, large family bathroom and a stunning south facing, garden space .
This has stunning views across cricket ground and built-in storage.
Surrounded by communal grounds and the leafy surrounding of Shooters Hill you are a short walk from Severndroog Castle and Oxleas Woods.
The development also offers on-site concierge service, residents’ gym. And allocated parking.
Located only a short walk to Woolwich Common plus other local amenities including frequent bus links to; Woolwich, Greenwich, and Blackheath where you can utilise further transportation such as Elizabeth Line, DLR and mainline train links into the City.
Woolwich also offers a vibrant location with plenty of eateries, bars, restaurants, and shopping facilities.
Woolwich Arsenal station offers Thameslink and South-eastern lines and DLR with London City Airport only two stops away; ideal for the jetsetter.
The Elizabeth line provides quick journeys into the centre of London; with 12 train services an hour, allowing passengers from Woolwich to reach Canary Wharf in eight minutes, Liverpool Street in 14 minutes and Bond Street in just 22 minutes.
Leasehold: 236 Years Ground Rent £350 Service Charge: £2990 Council Tax – Local Authority Royal Borough of Greenwich Band D
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
Agent & docs
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FAQ
About 34, Parade Ground Path, Woolwich
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