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See how verdicts work1-bedroom flat · SE28 0PA
Sold STCReduced £15k (−5.8%) on 20 MayListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £245,000-£250,000 An exceptional opportunity awaits with this immaculately presented one bedroom first floor flat, perfectly situated in the desirable West Thamesmead area.
This property is offered to the market chain free and with immediate vacant possession, providing a seamless and swift transition for its new owner.
Ideal for first time buyers, investors, or those seeking a convenient London base, this flat combines modern living with excellent transport links.
Upon entering, you are greeted by a bright and inviting living space. The heart of this home is its open plan lounge kitchen, a contemporary design that maximises space and natural light.
The lounge area offers ample room for relaxation and entertaining, while the kitchen is well appointed with modern units and integrated appliances, catering to all your culinary needs.
This layout fosters a sociable atmosphere, perfect for modern lifestyles. The property features a generously sized double bedroom, providing a peaceful retreat.
The bedroom is tastefully decorated and offers sufficient space for freestanding furniture, ensuring comfort and practicality.
Adjacent to the bedroom is a well maintained and modern bathroom, complete with a bath, overhead shower, wash basin, and W.C., all finished to a high standard.
One of the standout features of this flat is its prime location. Residents will benefit from being within easy walking distance of the Royal Arsenal and Woolwich Elizabeth Line Railway Station.
This provides unparalleled connectivity to Central London and beyond, making daily commutes or leisure trips incredibly convenient.
The area itself is undergoing significant regeneration, offering a vibrant community with an array of local amenities, including shops, restaurants, and green spaces.
Further enhancing the appeal of this property is the inclusion of an allocated parking space, a valuable asset in this sought after location.
The building also benefits from lift access, ensuring easy navigation to the first floor.
For those who appreciate a visual preview, a comprehensive video tour of the property is available, allowing prospective buyers to explore every detail from the comfort of their own home.
This flat represents a fantastic opportunity to acquire a high quality home in a rapidly developing area.
Its immaculate presentation, combined with its strategic location and practical features, makes it a highly desirable property.
Early viewing is strongly recommended to fully appreciate all that this superb West Thamesmead flat has to offer.
Room Measurements: Open Plan Kitchen / Lounge: 25’2 x 11’9 (7.67m x 3.58m) Bedroom: 14’2 x 8’5 (4.32m x 2.57m) Bathroom: 6’8 x 5’6 (2.03m x 1.68m) Council Tax: Royal Borough of Greenwich - Band B Lease: The balance of a 125 year lease created on 1st June 2005 (to be confirmed by the Vendor's solicitor / conveyancer).
Service Charge: £1,500 per annum (to be confirmed by the Vendor's solicitor / conveyancer). Ground Rent: We are currently awaiting confirmation from the Vendor's solicitor / conveyancer.
General Property Information: Property Construction: Brick Floor Level: First Floor Sewerage: Mains Heating Type: Gas central heating Hot water: Via combination boiler Parking Information: Allocated parking space via gated security entrance Flood Risk: Low Ramps / Lift: Lift access Utilities: Gas supply: OVO Electricity supply: OVO Water supply: Thames Water Mobile Phone coverage - For estimated coverage try here, Broadband - For estimated coverage try here,
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Pettacre Close, West Thamesmead, London, SE28 0PA
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