Studio flat · SE4 2LX
Listing removedReduced £10k (−3.8%) on 8 JulListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference number : 604389 calling all investors: 6.42% gross yield (as per our current rent of £1390 pcm) cash buyers preferred (floor area - 21sq m; some mortgage lenders require 25sq m or more) Ideal for investors seeking a London property with very strong yield or for the parents of an international or local student who want a practical investment that will continue paying long after graduation!
Will be sold vacant as current tenancy coming to an end. We've had this studio since 2017 and it's been rented out back to back consistently, proving itself to have been an excellent investment.
The highly sought after location makes it ideal for young professionals working in the city and Goldsmith's college students.
The borough of Lewisham continues to expand and develop with much room for further growth.
A lovely little self-contained studio flat in the historic Tea Building* located in vibrant Brockley, South London. Conveniently situated behind the London Overground station.
Shops, bars, restaurants and green spaces are plentiful in this lively and safe area.
233 sq ft ~ 21.6 sq m Double-glazed partially frosted windows (installed in recent years) and door at the front Ground Floor Kitchen and bathroom installed few years ago - almost new condition Wall mounted silent running extractor unit with adjustable humidity sensor installed No gas just electricity Access to building's communal outdoor space 106 years remaining on 125 yr lease Council tax Band A Outdoor communal area Shared bike storage Option to purchase furniture too (ready to be rented out immediately) * a bit more information about the building: The "Tea Building" in Brockley (often referred to as the Brockley Tea Factory) is a residential and commercial development located on Endwell Road, London, SE4.
Converted in the late 2000s, this former 1940s tea and coffee warehouse now houses characterful apartments, creative spaces, and commercial units.
Key Features include: - Location: It sits less than 0.1 miles from Zone 2 Brockley Overground Station, providing rapid transit connections into central London.
- Architecture: The building retains its industrial heritage with exposed brickwork, high ceilings, and expansive warehouse-style windows.
- Nearby Attractions & Surroundings: Because of its central Brockley location, the building is just steps away from the neighborhood's bustling foodie and cultural scene.
The renowned Brockley Market operates nearby, offering premium street food and local produce. - Green Spaces: Both Telegraph Hill and Hilly Fields parks are a short walk away.
Council Tax: A Current Annual Ground Rent: £350 Current Annual Service Charge: £494 Current Length Of Lease Remaining: 106 Years Warning: Never transfer funds to a property owner before viewing the property in person.
If in doubt contact the marketing agent or the Citizens Advice Bureau.
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Property Reference number : 604389
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 102, Endwell Road, Lewisham, London, Endwell Road, Lewisham, London, London
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