3-bedroom house · SE20 7YJ
For saleListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom mid-terrace house on Sheringham Road, located moments from an outstanding primary school, with a good rear garden and clear scope to grow into, both into the loft and to the rear, subject to the usual consents.
The neighbouring house has already done exactly that, making the potential here real rather than theoretical.
The ground floor is well balanced, with a proper front reception and a kitchen/dining room across the rear.
The living room is a comfortable, well-proportioned space, with a wide front window, soft neutral walls, fitted carpet and a fireplace giving the room a natural focal point.
It is the sort of room that works easily day to day: Sofa, TV, storage, children’s things, proper life, without feeling cramped.
To the rear, the kitchen/dining room is where the house really starts to make sense for family living.
There is enough space for a full-size dining table, with sliding doors opening directly onto the garden, so the room works well for dinner, homework, weekend breakfasts and summer evenings with the doors open.
The kitchen is arranged in a practical u-shape, with white units, grey tiled splashbacks, integrated oven, hob and extractor, good worktop space and a window over the side return.
It is simple, clean and usable as it stands, while also giving an obvious route for anyone wanting to open up and extend in future. Upstairs, there are three bedrooms and a family bathroom.
The two main bedrooms are both genuine doubles, each with good natural light.
The front bedroom has fitted wardrobes, while the rear double has a pleasant outlook over the garden and a fireplace that adds a bit of character.
The third bedroom is a sensible single, nursery or home office, which is exactly what most buyers need it to be.
The bathroom is finished in a clean, modern style, with grey wall and floor tiling, a white suite, bath with shower over and glass screen, heated towel rail and a large frosted window for natural light.
The garden is a strong part of the house.
It opens from the kitchen/dining room onto a broad decked terrace, with space for a table, chairs and loungers, before running onto lawn with mature planting and a second decked area towards the rear.
It feels private, green and usable, and gives the house a proper outdoor room in warmer months.
It gets the sun pretty much all day, although west facing it will get the southern sun for much of the day and the evening sun, too. There is also real future value here.
The house is already a solid, practical three-bedroom family home, but the loft and rear extension potential are hard to ignore.
The precedent is there next door, and while any works would need the usual permissions, the direction of travel is obvious. Location-wise, Sheringham Road is exceptionally convenient.
Birkbeck Station is around 0.3 miles away, or roughly six minutes on foot, with both rail and tram services connecting towards Beckenham Junction, East Croydon and beyond.
From Beckenham Junction there are direct links to London Bridge and Victoria, while East Croydon is useful for Gatwick connections.
Elmers End Station is around 0.7 miles away, offering another tram link and direct services to Charing Cross.
Clock House Station is also within easy walking distance and has a growing parade of local shops, including a popular coffee spot.
Day to day, the Elmers End Road parade covers the essentials well, with a Co-op, gym, café, post office, dry cleaners, hardware shop, nail salon and the well-regarded Italian restaurant, Rustico.
A short walk towards Kent House brings El Molino tapas restaurant and Br3wery craft brewery, while Beckenham High Street is easily reached via Birkbeck for a wider choice of restaurants, cafés and independents.
Crystal Palace is under 1.5 miles away and well worth the short trip, with independent shops, artisan sellers, a lively restaurant scene, the Everyman Cinema and the Saturday food market down Haynes Lane.
For green space, South Norwood Country Park offers 125 acres of parkland, wetlands and meadow, while the large Tesco at Elmers End makes the bigger shop straightforward.
For families, the schooling is a major part of the appeal.
Stewart Fleming Primary School, rated Outstanding, is moments away, quite literally around the corner, with Churchfields and Marian Vian also close by.
That combination of practical transport, good local amenities, outdoor space and strong primary schooling is exactly why this pocket works so well, and why it should continue to hold its value.
Location Location-wise, Sheringham Road is exceptionally convenient.
Birkbeck Station is around 0.3 miles away, or roughly six minutes on foot, with both rail and tram services connecting towards Beckenham Junction, East Croydon and beyond.
From Beckenham Junction there are direct links to London Bridge and Victoria, while East Croydon is useful for Gatwick connections.
Elmers End Station is around 0.7 miles away, offering another tram link and direct services to Charing Cross.
Clock House Station is also within easy walking distance and has a growing parade of local shops, including a popular coffee spot.
Day to day, the Elmers End Road parade covers the essentials well, with a Co-op, gym, café, post office, dry cleaners, hardware shop, nail salon and the well-regarded Italian restaurant, Rustico.
A short walk towards Kent House brings El Molino tapas restaurant and Br3wery craft brewery, while Beckenham High Street is easily reached via Birkbeck for a wider choice of restaurants, cafés and independents.
Crystal Palace is under 1.5 miles away and well worth the short trip, with independent shops, artisan sellers, a lively restaurant scene, the Everyman Cinema and the Saturday food market down Haynes Lane.
For green space, South Norwood Country Park offers 125 acres of parkland, wetlands and meadow, while the large Tesco at Elmers End makes the bigger shop straightforward.
For families, the schooling is a major part of the appeal.
Stewart Fleming Primary School, rated Outstanding, is moments away, quite literally around the corner, with Churchfields and Marian Vian also close by.
That combination of practical transport, good local amenities, outdoor space and strong primary schooling is exactly why this pocket works so well, and why it should continue to hold its value.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 38 Sheringham Road, London
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