1-bedroom flat · SE23 2QG
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Ground Floor Studio Apartment with Swimming Pool, Parking & Communal Gardens - Guide Price £225,000 - £235,000 A spacious studio apartment set within a popular residential development on Paxton Road, offering generous living space, new laminate flooring throughout, excellent storage and the benefit of a range of attractive residents’ facilities.
The property is approached via an entrance hallway, which provides useful storage and leads through to the main accommodation. There is a good-sized bathroom fitted with a bath and shower attachment.
The main room is particularly spacious, offering plenty of flexibility for separate living and sleeping areas.
There is a further useful storage cupboard which houses the boiler, as well as built-in wardrobes providing excellent additional storage.
The separate kitchen is positioned off the main living area and offers a practical layout.
The apartment provides a good-sized and versatile space with plenty of potential for a new owner to update and personalise to their own taste. One of the key benefits is the development itself.
Residents have access to an indoor swimming pool, communal gardens and an allocated parking space, with additional visitors’ parking available.
Paxton Road is situated in the popular Forest Hill area of southeast London only a 10 minute walk to the local shopping complex, offering a good balance of residential surroundings, green spaces and convenient transport links.
Forest Hill and Sydenham stations are both within easy reach, with routes towards London Bridge in 15 minutes, Highbury & Islington, and Canada Water station (Jubilee Line).
Overall, this is a well-proportioned studio offering excellent potential, particularly for a buyer looking for a property with generous living space, useful storage, parking and access to unusual communal facilities, including an indoor swimming pool & CCTV.
Council Tax Band: B EPC: D Leasehold: Approx 90 years remaining Service Charge: Approx 200 pcm
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
Agent & docs
FAQ
About 29, Paxton Road, London
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