3-bedroom terraced house · SE20 7RN
Let agreedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PropertyWorld is delighted to present this beautifully maintained, unfurnished, three-bedroom mid-terrace house with driveway and fabulous 80ft rear garden, ideally located in the heart of Penge.
Presented in immaculate condition throughout, the house is bright, spacious and full of natural light, with neutral décor, carpeting to most rooms and double glazing throughout.
Downstairs are two separate reception rooms.
The front provides a comfortable living space, while the rear reception works perfectly as a dining room, family room or home office, with patio doors opening directly onto a recently laid patio and the impressive garden beyond.
The modern galley-style kitchen is fully fitted with appliances, with a useful separate utility area to the rear.
Upstairs are two generous double bedrooms, both benefiting from built-in wardrobes, plus a third single bedroom, ideal as a child's room or home office/study.
There is also excellent additional storage, including a useful loft space. Outside is a real highlight.
The approximately 80ft rear garden offers an enormous amount of space, with a newly installed patio immediately behind the house, new fencing and a substantial lawn beyond.
To the front, the property benefits from its own driveway. Garden Road is superbly positioned for Penge's popular mix of independent cafés, restaurants, gastropubs, shops and amenities.
Anerley, Kent House and Birkbeck stations are all within walking distance, while Royston Fields and Betts Park provide excellent green spaces nearby.
This is a fantastic, beautifully presented home offering generous accommodation, superb outside space and an excellent location. Available now. Unfurnished. EPC Rating C. Council Tax Band D.
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 8, Garden Road, Penge
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