2-bedroom flat · SE12 0EE
Let agreedListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available late October.
Spacious two bedroom ground floor apartment in a contemporary apartment block on Baring Road in Grove Park - just 400m from Grove Park Station, and direct bus routes to Bromley & Lewisham.
Set in Balmoral Court, a contemporary development of just 12 apartments, this attractive flat briefly comprises: a larger than average lounge with access to a private patio, two comfortable double bedrooms with fitted wardrobes, fitted kitchen, and a neutral bathroom.
The habitable rooms benefit from wooden floorings throughout, natural light with double glazed windows boasting lots of natural light.
The private patio is ideal for those keen to enjoy the evening sun.
The property also boasts large communal gardens to the rear, and those looking for more substantial green spaces will be pleased to know that Amblecote Road entrance to the award winning Chinbrook Meadows park is less than 0.6 of a mile North East.
Shoppers can grab essentials from independent traders, convenience stores and both the Tesco and Sainsbury’s locals in the neighbouring parade, yet Blackheath Village with it's chic boutiques and award winning restaurants plus the contemporary Bromley Town Centre are both within a comfortable drive.
Additional benefits include: secure communal entry, entry phone system & an allocated off street parking space.
Balmoral Court is ideal for those looking for a speedy city commute being just 0.2 miles from Grove Park Station and 1.9 miles from the city bound A20.
Grove Park Station is London Zone 4 and is one of the most versatile railway stations this side of the borough, with direct links into London Bridge, Charing Cross, Waterloo East and Cannon Street in as little as 14 minutes.
Local Authority Lewisham Tax Band B Energy Efficiency Rating: D Deposit payable is £1,961.55.
A Holding Deposit of £392.31 , this is based on the advertised rent, this will be required to reserve this property.
Reception Room 20'9 x 12'11 -6.3m x 3.9m Bedroom Two 12'9 x 7'4 - 3.9m x 2.2m Bedroom One 12'9 x 10'7 - 3.9m x 3.2m Broadband and Mobile Phone: Ofcom suggest that Ultrafast broadband is available to this property and 5g Mobile signal may be available on some networks.
Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Baring Road London SE12
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