1-bedroom flat · BR5 1BJ
Sold STCReduced £20k (−6.3%) on 22 AugListed 568 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a recently converted apartment on Lakeswood Road, Petts Wood - a vibrant location perfect for those seeking a modern and convenient lifestyle.
This first-floor apartment, set in a block of just 5 properties, boasts an open plan reception room with an integrated high gloss kitchen with room for a dining table.
There is a double bedroom, and a well-appointed bathroom, making it an ideal space for first-time buyers or let investors.
Situated moments from Petts Wood station, commuting couldn't be easier, offering a seamless blend of city access and suburban tranquility.
With parking available for one vehicle, convenience is truly at your doorstep.
This chain-free sale presents a fantastic opportunity to own a well-finished property in the sought-after area of Petts Wood.
Don't miss out on the chance to make this apartment your own and enjoy all that it has to offer.
Communal Entrance Hall Open Plan Lounge/Kitchen (7.59m x 4.42m (24'11 x 14'6)) Bedroom (3.76m x 2.74m (12'4 x 9')) Bathroom Directions From Petts Wood, Station Square, proceed down Fairway and right into Tudor Way.
Right at mini-roundabout and first left into Lakeswood Road.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 3 Villa May, Lakeswood Road, Petts Wood
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