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See how verdicts work2-bedroom flat · ME20 6QY
For saleReduced £10k (−5%) on 21 SepListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two Bedroom First Floor Apartment - Refurbished and Upgraded Interior - Replaced Carpets Throughout -Cul-de-sac Location - Allocated Parking Space - vacant possession A two bedroom first floor apartment situated in a popular and well positioned cul-de-sac in Larkfield.
The present owners have recently refurbished and upgraded their property and it benefits from new carpets, repainting throughout and a lovely kitchen.
With a new hob, there are also two double bedrooms and no onward chain. Within walking distance is two local supermarkets, public transport routes, Larkfield leisure centre and Leybourne Lakes.
And the M20 motorway network. View today Leasehold 102 years Ground Rent £250 p/a Service Charge £2421.35
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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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 23, Mercer Close, Larkfield
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