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See how verdicts work2-bedroom flat · SE9 2BB
Listing removedListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Part of an always popular modern development which is 5 minutes away from New Eltham mainline station. On the second floor and part of a low level building which comprises only 4 flats.
This is one of the larger of the many floorplans and features 2 double bedrooms, good size lounge, upgraded kitchen and modern bathroom.
The decor is light and neutral and perfect if you do not want to have to do any work. The lease is 167 years long and would make for a great first time buy.
The parking is for residents only and each flat has 2 permits.
Communal entrance Entryphone system, stairs to the second floor Entrance hall Cupboard, laminate flooring Lounge 16' 8'' x 14' 4'' (5.08m x 4.37m) Double glazed window, electric heater, laminate flooring Kitchen 9' 11'' x 5' 11'' (3.02m x 1.80m) Double glazed window, fitted wall and base units with modern work surface, enamel single drainer sink unit with 1.5 bowl and mixer taps, integrated washing machine, integrated oven and hob with extractor hood, integrated fridge freezer, integrated eye level microwave, led light Bedroom 1 13' 11'' x 11' 6'' (4.24m x 3.50m) Double glazed window, electric heater, carpet Bedroom 2 15' 5'' x 7' 3'' (4.70m x 2.21m) Double glazed window, carpet Bathroom 7' 7'' x 5' 9'' (2.31m x 1.75m) Panelled bath with mixer taps and shower with screen, wash hand basin with mixer taps, low level wc, tiled walls and floor Residents parking Each flat has 2 permits which are free to residents
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
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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 Stanley Close, New Eltham
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