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See how verdicts work3-bedroom flat · SE23 3EH
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 25% Shared Ownership *** Spacious and airy first floor purpose built flat centrally located.
Benefitting from three double bedrooms, open living area, two balconies, two bathrooms, ample storage and being sold with no onward chain.
Excellently located for Forest Hill Station Conveniently located for local independent shops, eateries and bars, local high street shops and amenities and Horniman Museum & Gardens Key terms 25% Shared ownership Modern first floor purpose built flat Total floor area 83sqm Open plan living area Three double bedrooms Two bathrooms Two balconies Bike storage Communal grounds Ample Storage Entry Phone Integrated Appliances Excellently located for Forest Hill Station Conveniently located for local independent shops, eateries and bars, local high street shops and amenities and Horniman Museum & Gardens Communal Entrance Glazed communal entrance door, stairs and lift to first floor, tiled flooring.
Entrance Hall Entrance door, double storage cupboard with plumbing for washing machine, vinyl flooring.
Lounge/Kitchen Lounge: Full height double glazed windows to front and side, double glazed door to balcony, two radiators, vinyl flooring, spotlights.
Kitchen: Full height double glazed window to front, range of fitted high gloss wall and base units with work surface over, one and a half bowl stainless steel sink unit with mixer tap, integrated fridge/freezer, dishwasher and washing machine, oven, gas hob and extractor fan to remain, vinyl flooring, spotlights.
Balcony Composite decking, outside light. Bedroom One Full height double glazed windows to front, double glazed door to balcony, radiator, carpet, door to en suite.
Balcony Composite decking, outside light.
En Suite Three piece suite comprising of: Enclosed corner shower cubicle with mixer shower over and hand shower, pedestal wash hand basin with mixer tap and low level wc, heated towel rail, tiled flooring, part tiled walls, extractor fan, spotlights.
Bedroom Two Full height double glazed window to front, radiator, carpet. Bedroom Three Full height double glazed windows to front and side, radiator, vinyl flooring.
Bathroom Three piece bathroom suite comprising of: Tiled panelled bath with mixer taps and shower attachment, inset wash hand basin with mixer tap and enclosed low level wc, heated towel rail, tiled flooring, part tiled walls, extractor fan, spotlights.
Communal Garden Mainly block paved, seating areas, raised flower beds. Bike Storage
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
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FAQ
About 2, Fairway House, 38, Clyde Terrace, London
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