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See how verdicts work2-bedroom bungalow · SE9 2BQ
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a lovely cul de sac location and close to great local shops and less than 10 minutes walk to New Eltham town centre including the zone 4 mainline station.
This is a spacious semi detached bungalow with high ceilings.
The accommodation includes 2 receptions, 2 double bedrooms and modern kitchen and bathroom, the whole property was refurbished in the last few years and is ready for the next person to move in, un pack and start living.
The property is perfect for someone looking to retire being all on one level but is also perfect for extension into the loft to create a huge extra bedroom and en suite, although this would be subject to planning the precedent has already been set by the property next door which was sold in the last few years, we can supply all information on this.
Offered to the market chain free this property has that all important great feeling.
Entrance Porch Entrance Hall Spacious hallway, radiator, access to loft, laminate flooring Lounge 14' 3'' x 10' 11'' (4.34m x 3.32m) Double glazed sliding patio doors to garden, double radiator, carpet Dining Room 10' 6'' x 9' 11'' (3.20m x 3.02m) Double glazed window, radiator, laminate flooring Kitchen 14' 10'' x 5' 9'' (4.52m x 1.75m) Double glazed window, double glazed door to the garden, fitted wall and base units with laminated work surface, stainless steel single drainer sink unit with mixer taps, integrated oven and gas hob with extractor hood, tiled walls, eye level integrated microwave, cupboard housing boiler, integrated dish washer Bedroom 1 13' 1'' x 11' 11'' (3.98m x 3.63m) Double glazed window to the front, radiator, carpet Bedroom 2 11' 6'' x 10' 9'' (3.50m x 3.27m) Double glazed window, radiator, carpet Bathroom Frosted double glazed window, panelled bath with mixer taps and shower above, wash hand basin with mixer taps, low level wc, tiled walls and floor Rear Garden 52' 6'' x 32' 10'' (15.99m x 10.00m) Side access, cupboard housing boiler, wide garden laid to lawn with patio area, outside tap, timber built shed
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 Merchland Road, New Eltham
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