3-bedroom terraced house · SE4 1RD
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Acorn are delighted to bring to the market this characterful home with a substantial garden, exciting potential and scope to create a stylish modern residence.
An exciting opportunity to acquire this attractive and characterful home, occupying a generous plot with a particularly large rear garden and excellent potential for further improvement.
The property currently offers well-proportioned accommodation with plenty of natural light, while the substantial garden provides an exceptional amount of outdoor space rarely found with homes of this type.
There is also considerable scope for the next owner to modernise and personalise the property to their own taste.
The accompanying CGI images have been prepared to illustrate the property's potential and should be viewed as indicative rather than a representation of the existing accommodation.
They demonstrate how the principal rooms could be transformed into bright, contemporary living spaces, including an open-plan kitchen/dining area and comfortable reception and bedroom spaces.
Of particular interest is the CGI extension concept, which illustrates one potential way of enlarging the property while retaining two separate areas of garden.
This could provide the opportunity to create substantially improved living accommodation without sacrificing the valuable outdoor space.
Any extension or alteration shown is subject to the necessary planning permissions and consents, and purchasers should make their own enquiries with the relevant local authority.
Externally, the property benefits from a sizeable rear garden with established boundaries and plenty of scope for landscaping, entertaining and family use.
The proposed concept demonstrates how the garden could be carefully divided to retain usable outdoor areas both beyond and alongside the potential extension.
Tenure - Freehold Local Authority - Lewisham Tax Band-d EPC- D
Value & comps
No previous sales on record.
Returns
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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 38, Otford Crescent, London
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