We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SE26 4JP
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*Guide Price £275,000-£300,000* Situated on the first floor of a popular residential development in the heart of SE26, this spacious split-level two-bedroom flat offers approximately 788 sq ft (73.2 sq m) of well-proportioned accommodation arranged across two levels.
With a generous layout, long lease and excellent value for money, the property presents an ideal opportunity for first-time buyers, investors or those looking to establish themselves in a well-connected South London location.
The accommodation comprises a bright and substantial reception room measuring over 15ft, occupying the upper level and providing ample space for both living and dining.
A separate fitted kitchen offers excellent storage and preparation space, while two generous double bedrooms, a family bathroom and useful built-in storage complete the accommodation.
The split-level design provides a practical separation between living and sleeping areas, creating a sense of space and privacy rarely found at this price point.
Further benefits include approximately 113 years remaining on the lease, a low ground rent of just £10 per annum and a service charge of approximately £1,501 per annum.
The property enjoys excellent natural light throughout and offers buyers the opportunity to further personalise the accommodation to suit their own tastes and requirements.
Allwood Close is conveniently positioned for the amenities of Sydenham, Forest Hill and Penge, with a variety of independent cafés, shops, restaurants and everyday conveniences nearby.
Excellent transport links provide easy access into Central London, while a number of parks and green open spaces are within easy reach.
Offered to the market with a guide price of £275,000 to £300,000, this generously sized first-floor flat combines excellent internal space, a long lease and a convenient South London location, making it an attractive proposition for a wide range of purchasers.
Early viewing is highly recommended.
Tenure Leasehold Lease Length: From (and including) 8th December 2014 to (and including) 7th December 2139 Ground Rent £10 PA Service Charge £1,367.76 PA Local Authority Lewisham Council Tax Band B Energy Efficiency Rating D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Allwood Close, London
Explore nearby