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Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 1
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 2
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 3
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 4
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 5
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 6
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 7
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 8
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 9
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 10
Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ - Image 11

Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ

London

£550,000
Listed on 18/09/2025

Property Details

Bedrooms
3
Type
Flat

Description

This expansive three-bedroom flat, housed within a converted Victorian school building designed by noted architects E.R. Robson and J.J. Stevenson, presents a unique opportunity for renovation and investment. Spanning approximately 2,000 sq ft, this space features an impressive open-plan layout that can be transformed into a remarkable living area, ideal for those with a vision for customization. The property's layout boasts a striking double-height living room, accentuated by large classroom windows that allow abundant natural light to illuminate the exposed brick walls. The versatile living space is complemented by an open kitchen area conducive to entertaining and everyday living. With two en-suite bath and shower rooms along with an additional WC, the property can easily accommodate family or guests. While the flat requires some updating, it offers significant potential for enhancement that can increase both its functionality and aesthetic appeal. The surrounding gated community includes allocated off-street parking and access to tranquil communal gardens, adding to the property's charm. Located conveniently near the vibrant amenities of Greenwich, Blackheath, and Deptford, this property benefits from its proximity to shops, bars, and restaurants. The historic Royal Park of Greenwich and its observatory are also just a short walk away, providing ample recreational opportunities. Excellent transport links are readily accessible with the Deptford Bridge DLR station, Greenwich National Rail station, and New Cross Overground station all within walking distance. Situated on Blackheath Road with easy access to local shopping facilities along both Blackheath Road and New Cross Road ensures that daily necessities are within reach. For those commuting or traveling out of London, road links via the A2 further enhance convenience. This property represents not only a home but also an investment opportunity in an area rich in culture and accessibility—ideal for anyone looking to create a distinctive living space in one of London's desirable neighborhoods.

Investment Analysis

(SE10 area)
Area Average
£718/sq ft
Avg Rent (weekly)
£508
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Monthly Sales
46
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SE10)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -13.4%
5 year growth: -10.0%
Investment Disclaimer: Analysis based on SE10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ
Map showing location of Unit 8, 50 Blackheath Road, Greenwich, London SE10 8DZ
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