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See how verdicts work1-bedroom flat · BR5 1FE
For saleListed 631 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £315,000 - £325,000 This luxury second floor apartment (with lift access) is situated within a prestigious gated development in the heart of Petts Wood.
The mainline station is just a few minutes' walk away, serving five mainline London stations, DLR service via Lewisham and Thameslink via Bromley South.
The property features a luxurious entrance foyer with lift accessibility, a security video entrance, a gated vehicular access and a private parking bay visible from the apartment.
The bright and airy interior comprises a generous a social living space offering a lounge/diner with four double glazed windows, open plan kitchen, double bedroom with a walk-in wardrobe room with light, entrance hall with storage, and contemporary bathroom.
Additional benefits include double glazed windows with Venetian blinds, all integrated kitchen appliances to remain, modern interior, central heating, long unexpired lease and chain free possession.
Exclusive to proctors. From Petts Wood mainline station, turn right into Queens Way, bear right into Crest View Drive and Press House is on your immediate right.
Entrance Foyer Electronic sliding door, video security entrance, lift service to all floors, visitors' area, mail boxes.
Entrance Hall Solid entrance door, recessed ceiling lights, radiator, Paxton video entrance, walk-in cupboard offering storage and wall-mounted electric boiler.
Social Living Space 5.20m x 5.20m (17' 1" x 17' 1") Lounge/Diner Area Four double glazed windows to front aspect with Venetian blinds, TV hub, recessed ceiling lights, radiator, semi open plan to kitchen, portable room thermostat.
Kitchen Area Recess from the main living area, contemporary range of wall and base cabinets, built-in electric fan assisted oven, electric hob unit set on granite worktop, splash back to extractor hood, inset single bowl sink unit, integrated fridge & freezer, integrated dishwasher and washing machine, pelmet lighting, recessed ceiling lights, extractor fan.
Double Bedroom 4.81m x 2.67m (15' 9" x 8' 9") Two double glazed windows to front, radiator, recessed ceiling lights, TV hub.
Walk-In Wardrobe 1.64m x 1.55m (5' 5" x 5' 1") Open wardrobes offering ample storage and hanging rails. Light.
Bathroom 2.03m x 1.59m (6' 8" x 5' 3") Contemporary white suite comprising bath with shower attachment, back to wall WC, wall mounted hand wash basin, recessed wall mirror, chrome heated towel rail, shaver point, extractor fan.
Outside Landscaped gardens, private parking space, remote controlled vehicle entrance gate and pedestrian gate. Council Tax Local Authority : Bromley Council Tax Band C.
Tenure Leasehold : 990 years from 2017. Ground Rent : £250.00 pa. Ground Rent Review : Tba Service Charge £1,600 pa to include buildings insurance.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Press House, Crest View Drive, Orpington
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