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See how verdicts work1-bedroom flat · BR1 5SD
For saleListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom ground floor flat offers a fantastic opportunity for buyers looking to modernise and add value.
The property features a well-proportioned layout, including a bright reception room, a separate kitchen, a double bedroom, and a bathroom.
While the flat would benefit from updating throughout, it provides a solid foundation with generous room sizes and good natural light, making it ideal for first-time buyers, investors, or those seeking a renovation project.
Conveniently located in Downham, the property is within easy reach of Bellingham Station, offering excellent transport links into Central London.
The area also benefits from a range of local shops, amenities, and green spaces, with several nearby parks providing great outdoor space.
This is a great opportunity to create a comfortable home or investment in a well-connected and increasingly popular residential area. * Disclaimer: The services have not been and will not be tested.
Location Downham is a well-established residential area in the London Borough of Lewisham, popular for its community feel and green surroundings.
The area offers a good range of local shops, schools, and everyday amenities, making it convenient for families and professionals alike.
There are several nearby parks and open spaces, ideal for outdoor activities.
Downham also benefits from excellent transport links, with Bellingham Station providing direct connections into Central London, making it a practical choice for commuters.
Leasehold information • Length of Lease: 113 years from 14th March 1994* • Time remaining on lease: Approx.
80 years* • Service Charge: Tbc * • Service Charges Review Period: Every Year* • Ground Rent: Tbc * • Ground Rent Review Period: Tbc* (*to be verified by Vendors Solicitor) Additional information • Postcode: BR1 5SD • Local Authority: London Borough of Lewisham • Council Tax: Band B • EPC Rating: D • No parking arrangements for the property; however, free on-street parking is available nearby.
Utilities • Mains electricity • Mains water • Mains gas • Drainage to public sewer Nearest train stations • Bellingham Station 0.8 miles • Beckenham Hill Station 0.8 miles • Grove Park Station 1.0 miles Flood risk For information please visit: Broadband & mobile coverage For broadband and mobile phone coverage at the property please visit: • Broadband: • Mobile: Interior Entrance Hall: Entrance door, fitted carpet, radiator, built in storage cupboard, access to all rooms.
Reception Room: (12' 0" x 12' 0" (3.66m x 3.66m)) Double glazed window, electric fireplace, fitted carpet, radiator, access to kitchen.
Kitchen: (9' 0" x 6' 0" (2.74m x 1.83m)) Double glazed window, range of wall and base units with work tops above, space for fridge freezer and cooker, extractor hood, plumbed for washing machine and dishwasher, stainless steel sink with mixer tap, tiled splash back and vinyl floor.
Bedroom: (11' 0" x 10' 10" (3.35m x 3.3m)) Double glazed window, fully fitted carpet, radiator, built in wardrobe.
Bathroom: Double glazed frosted window, panel enclosed bath with shower over and shower screen, pedestal wash and basin with mono taps, low level w.c., built in storage cupboards, tiled walls and floor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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