2-bedroom flat · SE24 9BQ
For saleReduced £25k (−3.7%) on 30 JunListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a two double bedroom garden flat with Garden Studio on Deronda Road, a popular tree-lined residential road in Herne Hill.
The accommodation comprises a good-sized reception room with windows & double doors opening onto the garden, the kitchen comprises a range of wall & base units with butcher block effect work surfaces, integrated one & a half bowl ceramic sink, slimline dishwasher, and oven & hob, and there is ample space to dine.
The principal bedroom is at the front of the property with a large bay window affording plenty of natural light (new double glazed sash effect), feature fireplace, picture rail and double wardrobe to one alcove.
The second double bedroom has a built-in wardrobe and double doors to the side return. The bathroom has a white suite with double ended bath. There is a separate wc.
A good-sized cellar offers plumbing for a washing machine, sink unit, and lots of storage space.
The landscaped rear garden has a paved area directly outside the reception and that wraps around the side return, the garden is mainly laid to lawn with railway sleepers forming large borders stocked with mature trees, plants, and flowers to include ceanothus, olive tree, lupins & roses.
An irrigation system has been fitted.
To the rear of the private garden is a Garden Studio which has a spacious main room with double doors and window overlooking the beautiful garden, there is a kitchenette and a shower room.
This studio would be ideal for guests or for use as a home office/gymnasium.
Central Herne Hill offers a popular range of restaurant & shopping amenities, railway station (Victoria, Thameslink, Blackfriars) and access to the vast expanse of Brockwell Park with its cafe & lido.
This is a truly delightful home, early viewings are advised. EPC: C | Council Tax Band: C | Lease: 91 years remaining | sc: Nil | gr: £10.00 pa | bi: 379.88 pa
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 1, 29, Deronda Road, London
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