We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · SE13 7AP
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £1,000,000 - £1,050,000 A charming three storey period home located within the sought after Ladywell Conservation area, the accommodation offers an impressive 2110sqft of floorspace with scope to further extend and add value (STPP).
Starting with the lower ground which was excavated (over 30 years ago) to create a huge open-plan dynamic, the front part offers a lovely entertainment space for large sofas, leaving plenty of room for dining table and perhaps even an office space if needed.
The smart kitchen has units across the wall and features a large range cooker, lots of work top space and further leads to an extension at the back with bi-folding doors overlooking the landscaped garden.
Up to the ground floor comprises the front traditional reception room (this could also be used as a bedroom if preferred), two double bedrooms and the family bathroom suite.
The first floor offers three additional double bedrooms (five in total), another bathroom suite and a bonus utility room, which the owner currently rents out to lodgers, however it could easily be converted into a smart office space ideal for anyone working from home.
This home is neutrally decorated throughout with some original features retained, including some cast iron fireplaces in the bedrooms maintaining the characterful charm throughout.
This is a great opportunity for buyers to add value and create their dream home by modernising it to their taste.
Additional benefits include double glazing, gas central heating, updated electrics, residents parking and scope to extend (STPP & Approval).
Algernon Road is a sought-after location near Ladywell Village at the end of the road which offers a range of cafes, coffee shops and boutique stores and the popular Ladywell Tavern, a gastro pub serving food & drink!
Hilly Fields is also nearby which is a stunning park loved by residents locally. Another popular attraction is the Brockley Market on Tressillian Road which has quirky pop-up stores.
For commuters, Ladywell Railway (Zone 3) is only 0.3m walk which goes into London bridge via Charing cross or alternatively you have a lot more options into the city by using Lewisham Railway & DLR (Zone 2) which is only 0.5m walk.
Lewisham Shopping centre also offers a range of branded stores, shops, restaurants, and even more cafes/coffee shops to enjoy. Please call our office to ask any questions or arrange a viewing on .
Freehold Lewisham Council - Tax Band: C Energy Efficiency Rating: D
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
FAQ
About 101, Algernon Road, London
Explore nearby