2-bedroom flat · BR3 1XF
For saleReduced £50k (−26.3%) on 9 OctListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement flat for state retirement age resident(S) - A rarely available two bedroom retirement property situated a stroll from Beckenham High Street with its array of shops, cafes, restaurants, local amenities and transport links.
The accommodation comprises lounge/diner, separate fitted kitchen, two bedrooms and a modern shower room. Montague Lodge comprises of 32 units over three floors.
Benefits include economy seven heating, lift access to all floors, residents' lounge, residents’ laundry room, Care Link facilities and there is a Development Manager present during office working hours.
Early viewing is highly recommended. Communal Entrance Secured communal entrance, CCTV security, lift and stairs to all floors.
Entrance Hall Entrance door, entry phone system, double glazed window to side, wall mounted electric heater, storage cupboards - one housing water tanks, access to loft aarea, carpet flooring.
Lounge/Dinner (4.88m x 3.35m (16' x 11')) Double glazed windows to rear, emergency pull cord, wall mounted electric heater, fireplace with electric fire, carpet flooring.
Kitchen (3.07m x 1.55m (10'1" x 5'1")) Double glazed window to rear, emergency pull cord, wall and base units with work surfaces, stainless steel sink with mixer tap, integral electric hob with oven below, extractor hood above, space for washing machine, space for fridge freezer, vinyl flooring.
Bedroom One (3.99m x 2.46m (13'1" x 8'1")) Double glazed window to side, emergency pull cord, wall mounted electric heater, built in wardrobe with mirrored sliding door, carpet flooring.
Bedroom Two (3.30m 1.85m (10'10" 6'1")) Double glazed window to rear, emergency pull cord, wall mounted electric heater, carpet flooring.
Bathroom Shower cubicle with electric shower unit, wash hand basin, low level w/c, emergency pull cord, heated towel rail, extractor fan, part tiled walls, cushion flooring.
Lease Details Lease: A Lease of 139 years from March 1987 (100 years remaining) Service Charge: Approx. £4,297.50 Per Annum Ground Rent: Approx.
£225.00 Per Annum Council Tax Bromley London Borough Council Band D - Approx. £2,042.46 Per Annum
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
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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 29 Montague Lodge, 95, Rectory Road, Beckenham
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