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See how verdicts work2-bedroom flat · BR7 6FA
For saleReduced £20k (−4%) on 22 SepListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Langford Russell are pleased to present this spacious 2-bedroom chain-free retirement apartment for over 60's situated within close proximity to Chislehurst's Royal Parade.
Communally the site offers beautifully kept gardens and grounds, an on-site residents’ manager with a 24-hour call system.
As well as a large & comfortable residents lounge and a communal laundry room.
Situated on the second floor, the flat comprises of two double bedrooms, with the master room benefitting from an en-suite with a bathtub/shower and a walk-in wardrobe.
The reception room is both light and spacious, with a fully fitted modern kitchen.
The flat also benefits from plenty of storage, with a large cupboard in the hallway and another two smaller built-in cupboards at separate points of the flat.
The location is perfectly situated for Chislehurst's Royal Parade, with plenty of local amenities including restaurants, bars and shops. Local train stations include Chislehurst & Elmstead Woods.
The property is also ideally located for Scadbury Nature Reserve, offering stunning natural views.
Tenure - Leasehold - 125 years from and including 1st January 2015 - 114 Years Remaining Service Charge £50pa Ground Rent £270pa Local Authority Bromley Council Tax Band- E Energy Efficiency Rating C
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 Flat 31, Faulkner House,, St. Pauls Cray Road, Chislehurst
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