4-bedroom flat · SE26 4NA
Listing removedListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious first floor purpose built maisonette located in a quiet cul de sac with a total floor area of 83sqm.
Benefitting from four good sized bedrooms, 16' lounge, 14' kitchen/diner, balcony and being sold with no onward chain. The property does require modernisation throughout but offers a "blank canvass".
Well located for Sydenham/Forest Hill high streets and stations and is within a short walk of Sydenham Hill Woods.
Key terms First floor Purpose built maisonette Total floor area 83sqm Four good sized bedrooms Double glazing installed in 2024 Communal garden South facing balcony External storage cupboard Long Lease No chain In need of modernisation Well located for Sydenham/Forest Hill stations and high streets.
Within walking distance of Sydenham Hill woods Entrance Hall Wooden entrance door, two storage cupboards, carpet, coved ceiling.
Lounge Double glazed window to rear, wall mounted electric heater, storage heater, carpet, coved ceiling.
Kitchen/Diner Double glazed window to front, double glazed sliding door to balcony, wall mounted electric heater, some wall and base units with work surface over, one bowl stainless steel sink unit with mixer tap, storage cupboard, part tiled walls, vinyl flooring, coved ceiling.
Bedroom One Double glazed window to rear, wall mounted electric heater, carpet, coved ceiling.
Bedroom Two Double glazed window to rear, wall mounted electric heater, built in wardrobe, carpet, coved ceiling.
Bedroom Three Double glazed window to rear, wall mounted electric heater, built in wardrobe, carpet, coved ceiling.
Bedroom Four Double glazed window to front, wall mounted electric heater, storage cupboard, carpet, coved ceiling.
Bathroom Opaque double glazed window to front, two piece bathroom suite comprising of; panelled bath with mixer tap, pedestal wash hand basin, tiled flooring, tiled walls, extractor fan.
Balcony Communal Garden External Storage Cupboard
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 23, Otto Close, London
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