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See how verdicts work1-bedroom flat · SE25 4TZ
For saleListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a well-maintained and popular retirement development, this one bedroom second floor apartment offers an excellent opportunity for buyers seeking a home they can modernise to their own taste.
Spanning approximately 517 square feet, the property provides generous living space and is offered to the market at a competitive price, reflecting its potential.
The accommodation comprises a spacious and bright living room, a separate kitchen, a well-proportioned double bedroom and a bathroom.
While the property would benefit from updating throughout, it presents a fantastic chance to create a comfortable and personalised home within a supportive and community-focused environment.
Residents of the development enjoy a range of on-site facilities, including residents parking, a welcoming communal lounge, a laundry room and beautifully maintained communal gardens, ideal for relaxation and socialising.
Conveniently positioned in the heart of South Norwood, the property is within easy reach of a variety of local amenities.
These include the popular South Norwood Recreation Ground ‘The Lakes’ and excellent transport links via Norwood Junction Station and Overground services, providing easy access into Central London.
**This property is being sold on behalf of a corporate client. It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged.
As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire.
Please refer to the agent before viewing if you feel this may affect your buying decision.** **Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
**
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
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 advisers 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.
Area
Agent & docs
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FAQ
About Flat 39, Catalina Court, 61-63, Sunny Bank, London
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