We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BR3 6PZ
For saleReduced £25k (−5.6%) on 24 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an extremly popular residential blocks in Beckenham, this impressive first floor apartment offers an exceptional 998 sq ft of bright and spacious accommodation, complemented by a superb private balcony and beautifully maintained communal gardens.
The property features a generous open plan living and dining room, providing an excellent space for both relaxing and entertaining, alongside a separate kitchen with ample storage and workspace.
There are two well-proportioned double bedrooms, including a principal bedroom with en suite shower room, whilst a separate family bathroom serves the remainder of the accommodation.
Although the apartment would benefit from some cosmetic modernisation, it has been well maintained and is presented in good overall order, offering an exciting opportunity for a purchaser to personalise and add value.
Further benefits include a private garage, an allocated parking space, newly extended lease, attractive communal gardens and the rarity of such substantial accommodation within a sought-after Beckenham development.
Location The Planes enjoys a prime position in the heart of Beckenham, just a short distance from the vibrant High Street, which offers an excellent selection of independent boutiques, cafés, restaurants, bars and well-known supermarkets.
Beckenham is renowned for its village-like atmosphere, whilst also providing superb transport links into Central London via Beckenham Junction, New Beckenham and Clock House stations, together with Tramlink services connecting to East Croydon and Wimbledon.
The town is also home to several popular green spaces, including Kelsey Park and Beckenham Place Park, making it one of South East London's most desirable places to live.
Beckenham High Street features over 100 shops, restaurants and leisure amenities, with excellent rail, tram and bus connections nearby.
Local Authority: Bromley Council Tax Band: E Please note than an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
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FAQ
About Flat 6, The Planes, 3, Overbury Avenue, Beckenham
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