2-bedroom flat · SE19 1UA
For saleReduced £50k (−10%) on 22 AugListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £500,000 - £550,000 This super modern split-level two bedroom apartment sits in a fantastic position on Crystal Palace Parade, directly opposite the park.
Offering over 1,050 sq ft of bright, well planned space, the flat is beautifully presented throughout and ready to move straight into.
Upstairs, you’ll find a generous reception room with plenty of space to relax or entertain, along with a stylish kitchen/dining room that comfortably fits a dining table, perfect for everyday living or hosting friends.
The private balcony is a lovely bonus, ideal for a morning coffee or some fresh air in the evening. Downstairs are two double bedrooms.
The main bedroom benefits from its own en-suite shower room, while a separate family bathroom serves the second bedroom.
There’s also an additional cloakroom, which is always useful when guests are over.
The property comes with a very long 989-year lease, with a service charge of £1,130 per annum and ground rent of £359 per annum.
Situated on the Crystal Palace Parade means having Crystal Palace Park right on your doorstep, with its open green space, sports facilities and famous dinosaur sculptures.
The Crystal Palace Triangle is just a short walk away, offering a great mix of independent cafés, restaurants and pubs, giving the area a real neighbourhood feel.
Crystal Palace Station provides convenient links into central London and Overground connections, ideal for commuters who want both green space and great transport.
Lease Length: 999 years from and including 1st January 2017 Ground Rent: £359 pa Service Charge: £1,130 pa Lambeth Council - Tax Band: D Energy Efficiency Rating: B
Value & comps
No previous sales on record.
Returns
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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 9, Zola House, 21, Crystal Palace Parade, London
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