Studio flat · SE27 9AJ
Listing removedListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Galloways are delighted to offer to the market this prime freehold property, comprising a ground-floor premises and a one-bedroom flat above, situated in a prominent corner position in the heart of West Norwood High Street.
This excellent location benefits from high footfall and strong visibility, positioned moments from West Norwood Station, local shops, cafés, and major retailers, including the Co-Operative Food.
The property also enjoys a constant flow of passing traffic along Norwood Road, ensuring maximum exposure for any business.
The freehold is being sold in its entirety and includes: A self-contained ground-floor unit A spacious one-bedroom flat above with a development opportunity (subject to planning and consent) An additional separate flat held on a separate leasehold title with approximately 114 years remaining on the lease This property presents an attractive mixed-use investment, offering both income potential and long-term capital growth in one of South London’s most vibrant and well-connected neighbourhoods.
Transport links are excellent: Tulse Hill Station is just a 4-minute walk away, offering direct services to London Bridge, Blackfriars, Farringdon, and St Pancras International.
West Norwood Station is around a 9-minute walk, providing connections to London Victoria and Clapham Junction, making this an ideal location for commuters.
The property is also within easy reach of some wonderful green spaces, including the much-loved Brockwell Park, perfect for weekend walks and outdoor activities.
Lambeth Council: Tax band A£1303.00 (Flat A) Tenure: Freehold/Leasehold The vendor has provided the above information in good faith. Galloways have not yet had this information verified.
Any buyer should seek their own independent legal advice before proceeding. Safeguarding Your Information – Important Notice on Cybercrime Cybercrime is a serious risk in property transactions.
Criminals may attempt to intercept email correspondence and trick you into transferring funds to a fraudulent account.
Please note: Galloways will never notify you of changes to bank account details by email.
Always verify bank details in person or by calling your solicitor/agent using a trusted telephone number before transferring any money.
Be vigilant against unexpected emails, attachments, or requests for financial information. If you receive any communication that seems suspicious, contact us immediately before taking any action.
Disclaimer These particulars are provided as a general outline only for the guidance of intending purchasers or lessees and do not form part of any offer or contract.
All descriptions, dimensions, references to condition, and necessary permissions for use and occupation are given in good faith and believed to be correct, but prospective purchasers, lessees, or third parties should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
No responsibility is taken for any error, omission, or misstatement. We have not carried out a structural survey, nor tested the services, appliances, or specific fittings.
All photographs, measurements, floor plans, and distances are for guidance only and should not be relied upon for the purchase of carpets or other fixtures or fittings.
External areas and features, as well as tenure and lease details, cannot be guaranteed and must be verified by a solicitor.
Lease terms, service charges, and ground rents are provided as a guide only and should be confirmed by legal advisors.
No person in the employment of Galloways has any authority to make or give any representation or warranty in relation to this property.
Quoted prices, rents, or other costs are correct at the time of publication and, unless otherwise stated, are exclusive of VAT.
Data Protection We take the protection of personal information seriously.
Any data provided to Galloways will be processed in accordance with the UK General Data Protection Regulation (gdpr) and the Data Protection Act 2018.
Personal information will only be used for the purposes of your property enquiry and will not be shared with third parties without your consent.
We also retain the copyright in all advertising material used to market this property.
Disclosure of Referral Fees As well as any commission or fees you pay to Galloways, we may also receive a commission, payment, fee, or other reward (known as a referral fee) from selected service providers for recommending their services to you.
We believe our clients may benefit from using the services of our recommended solicitors, mortgage advisers, concierge service, and surveyors.
The providers we regularly work with are: Solicitors: Lewis Nedas Law, Setfords Solicitors, Taylor Rose Solicitors Mortgage/Financial Services: Trinity Finance, Eternity Financial Services Surveyors: Reliable Surveyors, map Surveyors Concierge: Help the Move If you choose to use one of these providers, please note the following: For Lewis Nedas Law, Setfords Solicitors, and Taylor Rose Solicitors, Galloways receives a referral fee of £180.00 inc VAT per referral.
For map Surveyors, Galloways receives a referral fee of £50.00 inc VAT per referral.
For mortgage and financial services, Galloways may receive a referral fee, the amount of which depends on the property value and mortgage level. Details are available on request.
You are under no obligation to use any of the recommended providers. Should you accept our recommendation, the relevant provider is expected to pay us the corresponding referral fee.
This referral fee is separate from your obligation to pay Galloways’ own fees or commission.
Tenant Fee Information (For all new Assured Shorthold Tenancies signed on or after 1st June 2019) •Holding Deposit – One week’s rent.
Retained only if you withdraw, fail a Right-to-Rent check, provide false or misleading information, or fail to sign the tenancy agreement/guarantee within 15 days.
•Tenancy Deposit – Up to five weeks’ rent (annual rent under £50,000) or six weeks’ rent (annual rent £50,000 or above).
•Late Rent Payments – Interest at 3% above the Bank of England base rate from the rent due date until paid (applies once rent is 14+ days in arrears, backdated to the due date).
•Lost Keys / Security Devices – Cost of replacement. If locks must be changed, tenants are responsible for the locksmith, new lock, and replacement keys. •Tenancy Variations / Changes – £50 (inc.
VAT) per agreed change. This covers landlord instructions, preparation of legal documents, and change-of-sharer situations, including associated legal costs.
•Early Termination – If you leave before the end of your tenancy and the landlord agrees, you will be liable for the landlord’s costs to re-let the property, plus rent due until a replacement tenancy commences.
•Utility Payments – Tenants remain responsible for all utility bills, Council Tax, and TV license, unless otherwise agreed. Refer to your tenancy agreement for details.
Regulatory Memberships Galloways is a member of Propertymark (ARLA & NAEA) and The Property Ombudsman (TPO). Client money is protected through cmp.
Value & comps
No previous sales on record.
Returns
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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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FAQ
About Flat A, 252, Norwood Road, West Norwood
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