£395,000

(£4,031/sq. ft)

3 bed maisonette for sale
Waverley Road, Plumstead, London SE18

    • 3 beds

    • 2 baths

    • 2 receptions

    • 98 sq. ft

Chain free
Share of Freehold
Reduced on 18/07/2025

About this property

  • Split level three bedroom maisonette

  • Currently used as A 5 roomed HMO

  • Current income £3,400 per calendar month (as of may 2025)

  • Current HMO licence from 27th may 2025

  • Ground floor shower room

  • Separate W.C. On the ground floor

  • Upstairs are three bedrooms & family bathroom

  • Comes with A share of freehold

  • Zero ground rent and service charges

  • Gross rental yield precentage of 9.8%

A Spacious 3 Bedroom Split Level Maisonette, Currently Used As A 5 Roomed HMO. Offered Chain Free.

Guide price £400,000 to £415,000

Beaumont Gibbs are offering for sale this 3 bedroomed, 2 reception and 2 bathroom, split level maisonette for sale. The property has been a 5 roomed HMO since 2019 and Greenwich Council have just agreed a new 5 year license from 27th May 2025.

The property occupies the ground and first floor levels of this end of terraced Victorian building and is ready made for an investor buyer, but at the same time it could also be transformed into making a spacious family home too.

Benefits include your own section of garden, which is accessed via the side passage, Share of Freehold, an unexpired 999 year lease, zero Ground Rent and Service Charges and an annual gross yield of just under 11%, based on a sale price of £375,000.

The property is offered with no forward chain, with existing tenants having a 3 month notice period to vacate if wished, but if buying for investment, the existing tenants can remain if so wished.

Room Measurements:
See floorplan


Council Tax: Royal Borough of Greenwich - Band C

General Property Information:

Property Construction:
Floor Level: Ground & first floor levels
Sewerage: Mains
Heating Type: Gas central heating
Hot water: Via the combination boiler
Parking Information: Free limited street parking
Flood Risk: Low risk
Ramps / Lift: None

Utilities:

Gas supply - British Gas
Electricity supply - Unknown
Water supply - Thames Water

Mobile Phone coverage - For estimated coverage try here,
Broadband - For estimated coverage try here,

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Monthly repayment

£1,975 per month

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More information

  • Tenure

    Share of freehold

  • Service charge

  • Council tax band

    C

  • Commonhold details

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Beaumont Gibbs

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