2-bedroom flat · SE25 4EJ
To rentListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom garden flat, finished to a high standard throughout and offering a 684 sq ft (64 sqm) of living space plus a large private garden.
Set on Penge Road in South Norwood (SE25), this bright, contemporary home is ready to move straight into.
Accessed via a private entrance with stairs down to the garden level accommodation, the flat comprises: A spacious reception room with modern wood effect flooring, opening onto the rear garden a bright, sociable space for living and dining.
Two well-proportioned bedrooms: a large principal bedroom to the front with a characterful bay window and built-in storage, and a second double to the rear with direct garden access.
A sleek fitted kitchen in a modern grey finish, with integrated electric oven, induction hob, extractor hood and stainless steel sink.
A bathroom with a full-size bath and overhead shower, glass screen, WC, vanity basin and heated towel rail, set off by tiling.
A useful separate utility area with space and plumbing for a washer/dryer. A large private garden, a real rarity at this price and ideal for outdoor dining, entertaining or relaxing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Penge Road, South Norwood, Croydon, London
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