How much is Apartment 2, London?

The starting price is £150,000.

Apartment 2, London, SE2 9DR

3-bedroom flat · SE2 9DR

1,265 sq ftEPC C

Starting price

£150,000

Sold STCListed 34 daysAuction 29 Sep · ended

Tenanted

Investor metrics

HMO Article 4 Direction AreaRoyal Borough of Greenwich Article 4(1) (Houses in Multiple Occupation) Direction 2017 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Strapline Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.

- Long leasehold first floor three bedroom flat of approximately 1,265 sq ft with a balcony. Within a recent Land Securities development. 999 year lease.

Currently let on a periodic tenancy producing £22,800 per annum.

Location Situated to the north side of Felixstowe Road, Within 200 metres of Abbey Wood Station (Elizabeth Line) which provides a swift service into central London.

Lesnes Abbey Woods is to the south and provides recreation opportunities. Local amenities are on Felixstowe Road.

Transport National Rail - Abbey Wood (Southeastern, Thameslink) Elizabeth Line - Abbey Wood Tenancy Let on a periodic tenancy at a rental of £1,900 per calendar month.

Accommodation Open plan kitchen / reception room, Three bedrooms, Shower room/wc, Bathroom/wc, Utility cupboard, Hallway

Tenanted

Key information

Price per Square Foot

£119/sq ft

Based on 1,265 sq ft (85 sq m)

Floor Area

1,265 sq ft (85 sq m)

EPC Rating

current

Tenure

Leasehold

Local Authority

Greenwich London Boro

London Borough

County

Greater London Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

Pro

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Returns

What does it return?

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Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below starting price

Model

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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 advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market34 days

8/25

—

Seller motivation

Not scored yet

Days on market34

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC ratingC

Listing timeline

First listedListed at £150,00015-09-2026

Still activeDay 34 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.