1-bedroom flat · SE23 3ND
For saleReduced £25k (−7.7%) on 3 SepListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of sought after Honor Oak, this well presented purpose built one bedroom apartment offers a fantastic opportunity for first-time buyers and investors alike.
The property benefits from access to well maintained communal gardens and is offered to the market chain free.
Ideally located close to both Honor Oak and Forest Hill stations, providing excellent transport links into Central London, while the area's popular independent shops, cafés, restaurants and green spaces are all within easy reach.
Devonshire Road is located within easy reach of both Honor Oak Park and Forest Hill stations, offering excellent connections into Central London, London Bridge and beyond.
The area is well served by a fantastic selection of independent shops, cafés, restaurants and local amenities, while the beautiful green open spaces of Horniman Gardens and Blythe Hill Fields are also close by.
Tenure: Leasehold Lease Years Remaining: 164 Service Charge: £900 (Yearly) Annual Ground Rent: £10 Council Tax Band: B Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors before making any investment decisions.
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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 14, Lynfield Court, 161, Devonshire Road, London
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