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See how verdicts work2-bedroom flat · SE20 7QW
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom ground floor 'garden' flat forms part of a highly popular residential road, ideally situated for convenient access to the local railway stations and High Street.
The accommodation is centred around an attractive 13'3" x 10'10" living room, featuring an original fireplace, stripped floorboards and a charming square archway leading through to the kitchen/diner.
The kitchen is fitted with a range of modern units, incorporating a built-in oven, hob and extractor fan and integral dishwasher, while double doors give access to the rear garden.
There are two bedrooms, with the principal bedroom benefiting from fitted wardrobes, together with a modern bathroom fitted with a white suite.
The property is centrally heated via a Gloworm combination boiler, installed in December 2025.
To the rear is a 23'5"' garden, which enjoys the morning sun and incorporates both lawn and patio areas, providing an attractive and practical outdoor space.
Well located for railway stations, Kent House Station (services to Victoria) is 0.3 of a mile away, Clockhouse Station (services to London Bridge and Charing Cross and DLR connection at Lewisham for Canary Wharf) Avenue Road Tramlink is 0.4 of a mile with services to East Croydon and Wimbledon.
Alexandra Infant School and Harris Academy are both closeby.
Communal Entrance front door to Entrance Hall built-in under stairs cupboard, stripped floorboards, dado rail Living Room 4.00m x 3.3m (13' 3" x 10' 10") bay window to front with wooden shutters, attractive original cast iron fireplace with tiled inset and hearth, cupboards and shelving to chimney alcove Kitchen/Diner 3.4m x 3.4m (11' 2" x 10' 10") double doors with windows over, fitted with a range of modern units comprising inset butler sink with mixer tap and cupboards under, wooden working surface to two walls with cupboards and drawers under, built-in stainless steel electric oven, 4 ring hob and stainless steel extractor fan over, integrated dishwasher and fridge/freezer, plumbing for washing machine, eye level cupboards to one wall, shelving, stripped flooring Bedroom 1 3.5m x 3.3m (11' 4" x 10' 10") windows to rear, fitted wardrobes to one wall Bedroom 2 2.6m x 2.3m (8' 6" x 7' 5") windows to side Bathroom 2.3m x 1.9m (7' 5" x 6' 4") obscure windows to side, fitted with a modern white suite comprising panelled bath with mixer tap and shower over, wash basin with mixer tap and cupboard under, toilet with concealed cistern, fitted shelving, tiling, cupboard housing Gloworm combination boiler installed in December 2025 Garden 23'5" plus side return area, paved patio area, lawn area with flower and shrub borders, rear access, outside tap, timber shed Lease Lease is 125 years from 21st August 2014, 112 years and 6 months remaining - share of freehold Service Charge the vendor has confirmed there is no service charge payable Ground Rent the vendor has confirmed there is no ground rent payable Additional Details Council Tax London Borough of Bromley - Band C Please visit: bromley.gov.uk/council-tax/council-tax-guide Utilities MAINS - Gas, Electricity, Water and Sewerage Broadband and Mobile To check coverage please visit checker.ofcom.org.uk/en-gb/broadband-coverage checker.ofcom.org.uk/en-gb/mobile-coverage
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
FAQ
About Royston Road, Penge, SE20
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