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See how verdicts work1-bedroom flat · SE20 8AX
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful first floor modern purpose built flat offered chain free with share of freehold, 999 year lease, allocated parking space, new heating and bespoke fitted blinds, set within a highly sought after location, excellently located for Crystal Palace Triangle, Crystal Palace and Penge West Station, conveniently located for local shops, restaurants, bars and Crystal Palace Park.
Exterior Allocated parking space Key Terms Double glazing New heating New laminate flooring First floor Chain free Share of freehold 999 year lease Modern kitchen with new oven and hob Bespoke fitted blinds Highly sought after location Excellently located for Crystal Palace Triangle Ideal for Crystal Palace and Penge West station Communal Entrance Glazed communal entrance door, carpet, stairs to first floor Entrance Hall Laminate flooring, entryphone system Lounge Double glazed window to rear, electric radiator, laminate flooring, bespoke blind Kitchen Double glazed window to rear, range of fitted wall and base units with work surface over, stainless steel sink unit and drainer, new integrated oven, hob and extractor fan, plumbing for washing machine and dishwasher, space for fridge, tiled splash back, laminate flooring Bedroom Double glazed window to rear, electric radiator, laminate flooring, bespoke blind Bathroom Double glazed window to side, three piece bathroom suite comprising panelled bath with mixer tap and shower attachment, glass shower screen, wash hand basin and low level wc, heated towel rail
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
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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 Versailles Road, Penge, London, SE20
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