1-bedroom flat · SE20 7BW
For saleReduced £25k (−7.1%) on 7 OctListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £350,000-£370,000 Propertyworld is proud to offer this beautifully presented and fully renovated one bedroom lower ground floor apartment with sole use of a large private rear garden, ideally positioned on the ever popular Mosslea Road, a quiet no-through road in the heart of Penge.
Best of all, the property comes with a share of freehold!
This stunning home has been meticulously upgraded by the current owners and is offered in exceptional condition, making it a perfect first-time purchase.
The flat has been fully damp-proofed with guarantees, and further benefits include a new boiler installed in 2023 plus up-to-date gas safety and electrical certificates.
The accommodation is stylish and well proportioned, with a gorgeous front reception room featuring bespoke blinds and space to dine.
The generous double bedroom includes fitted wardrobes and a glass patio door opening directly onto a private patio area.
There is also additional access to the garden via the kitchen, adding real convenience.
The garden itself is a standout feature – a large, private space mainly laid to lawn with mature plants and trees, offering a fantastic blank canvas, with landscaping plans available.
The kitchen is sleek and modern with white worktops, handleless units and integrated appliances including an electric hob, oven and Bosch microwave.
The bathroom is a striking contemporary space with a white suite, contrasting tiling, floating vanity unit and mirror. Stripped wooden flooring runs throughout.
Located just minutes from Penge East Station with fast services into London Victoria, and several other stations including Penge West, and directly off Penge High Street with its wide range of restaurants, coffee shops and independent shops.
The vibrant Crystal Palace Triangle and Beckenham, plus green spaces including Crystal Palace Park, are also close by. A superb home with a high-quality finish and excellent location.
"The things we like most about the flat are the garden space at the back, in particular the patio/ seating area, and the location- it's on a pedestrianised section of road which makes it very quiet.
It's also very close to Penge East station and Crystal Palace Park."
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 10, Mosslea Road, Penge
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