1-bedroom flat · BR2 7LP
For saleReduced £10k (−11.8%) on 8 OctListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Maguire Baylis welcomes to the market a one-bedroom retirement apartment located on the first floor, ideally positioned within easy reach of Hayes High Street, Hayes Village and Hayes Station.
The property is well served by frequent bus routes and is conveniently situated adjacent to a local doctors’ surgery.
This wonderful apartment offers a large reception room, double bedroom with fitted wardrobes, modern shower room and a well maintained block.
Additional features include warden assisted, communal gardens and pull cords in all rooms. Forge Close is a quiet cul-de-sac located just off Pickhurst Lane, close to the junction with Hayes Street.
A range of local amenities can be found along Hayes Street, including shops, a library, a church and the popular George public house.
Approximately a quarter of a mile away on Station Approach, there is a wider selection of shops and cafés, along with Sainsbury’s Local and Iceland supermarkets.
Hayes railway station is also situated on Station Approach, providing regular services to London Bridge, Charing Cross and Cannon Street.
Bus routes serving Hayes, West Wickham, Bromley and Croydon town centres run along Pickhurst Lane, with routes 119,138 and 353 nearby. Local green spaces include Husseywell Open Space and The Knoll.
Communal Area Laundry Room, communal room offering coffee and event days, lift access to first floor, doors to communal gardens.
Hallway Doors to reception room, shower room, cupboard housing water tank and electric fuse box, storage cupboard, pull cord.
Reception Room (4.04 x 3.81 (13'3" x 12'5")) Bay window, door to bedroom, pull cord. Kitchen (1.91 x 1.68 (6'3" x 5'6" )) Range of wall and base units, fridge/freezer, pull cords.
Bedroom (3.81 x 1.68 (12'5" x 5'6")) Double glazed window, fitted wardrobe, pull cord. Bathroom Walk in shower, w.c, hand wash basin, extractor fan, pull cord.
Council Tax London borough of Bromley council tax band - B Location Lease Details £4,476.86 annual service charge 85 years remaining on the lease 60+ only
Value & comps
No previous sales on record.
Returns
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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 12A, Hopton Court, Forge Close, Bromley
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