3-bedroom flat · SE18 4PS
Listing removedReduced £25k (−4.8%) on 21 JunListed 482 days
Opportunity summary
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About
Guide Price £525,000-£550,000 Three-bedroom, top floor, conversion apartment located within the historic Royal Herbert Pavilions The historic, grade II listed, Royal Herbert Pavilions are steeped in history having started life as the country’s first purpose built military hospital with input from Florence Nightingale.
It is now a sought-after private development converted in 1996 built upon a 7-acre plot surrounded by beautiful, landscaped gardens, which includes a residents tennis court and is an oasis of calm to escape hectic London life.
The Pavilions are a community of their own with exclusive resident facilities that include onsite concierge, indoor swimming pool, whirlpool, sauna, gymnasium (which has recently undergone refurbishment), tennis court and resident’s bar.
This top floor apartment is accessed via secure entry door and stairs to the main door of the apartment. Once inside there is a central hallway which gives access to all rooms.
The accommodation comprises a substantial size reception room with wooden floor, a separate modern newly fitted kitchen, an impressive principal bedroom which has the benefit of a recently refurbished shower room and two further double bedrooms and a family bathroom.
Throughout the apartment the rooms have the benefit of large, sash, windows which allow plenty of light throughout and high ceilings that give a real sense of space and grandeur.
Those with cars will find two allocated parking spaces and for visitors there is ample visitor parking available throughout the development in designated bays.
Shopping needs are easily taken care of with Charlton, Woolwich, and Eltham nearby, and the cafes and boutique shops of Blackheath, Greenwich, and Westmount Road.
If commuting is a consideration, Eltham Station (with connections to London Bridge, Cannon St, Charing Cross and Victoria) and Woolwich (with Elizabeth Line, DLR and mainline connections to Greenwich and Central London) nearby.
Kidbrooke and Blackheath stations are also a short bus ride away. Shooters Hill also provides access to a wide bus network which includes night buses.
The Royal Herbert Pavilions development is located on Shooters Hill, surrounded by the Royal Borough of Greenwich’s impressive open spaces including Oxleas Woods, Blackheath and Greenwich Park.
Set within these beautiful surroundings are several places worth a visit including Severndroog Castle with views across London and its own tearoom, a regular farmers market, Woodlands Farm, Shrewsbury Park and the Oxleas Woods Cafe.
Families will find an abundance of ‘good’ and ‘outstanding’ nursery, primary and secondary schools Material information leasehold information Lease Term: 967 Service Charge: Service £2040 / Reserve £1200 / Insurance £1305 / Leisure £600 Ground Rent: £200 Ground Rent Review date: Tbc Broadband and Mobile Coverage For broadband and mobile phone coverage at the property in question please visit: And respectively.
Important note to potential purchasers: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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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.
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