1-bedroom flat · DA14 5JR
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Full Market Value: £215,000 Share Value (50%): £107,500 Monthly Rent: £326.79 Service Charge: £147.47 Council Tax Band: B 990 year lease commenced April 2006 - 969 years remaining Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property.
However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property.
Please request advice from a mortgage broker when applying for a mortgage. Enter this larger than average well presented apartment via a spacious entrance hall with storage.
A generous dual aspect open plan living area, with additional storage cupboard, opens onto a south facing balcony, which has recently been refurbished.
The kitchen is fitted with a range of beech units with black worktops and includes an integrated oven, hob and extractor and spaces for your appliances.
A south facing well proportioned bedroom with in-built storage and a contemporary bathroom complete the accommodation. This property benefits from a sinking fund.
A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Nestled in a quiet residential cul-de-sac, Davis Way offers a sought-after location in close proximity to Sidcup, combining the charm of suburban living with excellent access to local amenities and transport links.
This family-friendly neighbourhood benefits from a peaceful atmosphere while being just a short distance from Sidcup High Street, where you'll find a range of shops, cafés, restaurants, and essential services.
Davis Way is ideally located for local shops, providing easy access to everyday essentials.
For commuters or those who enjoy exploring the area, the proximity to bus routes offers convenient transportation options.
Additionally, nature enthusiasts can enjoy the serene surroundings of Foots Cray Meadows, offering a peaceful escape just moments away.
Sidcup High Street and Sidcup station are a short bus ride away on the 492,233 or 51 whilst New Eltham is a short bus ride on the 321 both offering excellent services into London Bridge, Cannon Street and Charing Cross.
Commuters are well-served by nearby Sidcup and Albany Park stations. St Marys Cray train station is also within close proximity offering regular services to London Victoria.
The buyer will require a deposit to obtain a mortgage for this property. To meet the requirements for this property we require as a guideline, a minimum household income of £36,435.
If you are offered the home, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of August 2026.
Local Area Information Davis Way is ideally located for local shops, providing easy access to everyday essentials.
For commuters or those who enjoy exploring the area, the proximity to bus routes offers convenient transportation options.
Families will appreciate the nearby schools, providing educational opportunities within reach.
Additionally, nature enthusiasts can enjoy the serene surroundings of Foots Cray Meadows, offering a peaceful escape just moments away.
Sidcup High Street and Sidcup station are a short bus ride away on the 492,233 or 51 whilst New Eltham is a short bus ride on the 321 both offering excellent services into London Bridge, Cannon Street and Charing Cross.
St Marys Cray train station is also within close proximity offering regular services to London Victoria.
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
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 advisors 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.
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