3-bedroom house · SE26 5RR
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Watlington Grove, SE26 , this attractive three-bedroom Victorian family home offers generous and versatile accommodation arranged over three floors, including a substantial basement room, making it an ideal home for growing families, professionals working from home or those seeking additional flexible living space.
The ground floor comprises a bright and spacious double reception room, beautifully connected by an elegant archway, creating a superb entertaining and family living space.
Character features including a decorative fireplace blend seamlessly with the light and airy accommodation, while the modern fitted kitchen sits to the rear of the property and provides ample worktop and storage space, together with access to the private rear garden.
A convenient ground floor cloakroom completes this level.
On the first floor are three well-proportioned bedrooms, including an impressive principal bedroom spanning the full width of the property with fitted wardrobes. Ensuite and excellent natural light.
A contemporary family bathroom serves the first floor, featuring both a bath and separate shower enclosure.
A standout feature of the home is the versatile basement room, offering excellent additional accommodation.
Currently providing a large open-plan space, it would make an ideal home office, gym, cinema room, playroom or hobby space, subject to the purchaser's requirements.
To the rear, the property enjoys a low-maintenance, paved private garden with useful storage shed, providing an excellent outdoor space for entertaining and al fresco dining.
Conveniently located within easy reach of Sydenham, Penge East and Lower Sydenham stations , the property offers excellent transport links into Central London, while the surrounding area provides an excellent selection of local shops, cafés, restaurants, parks and highly regarded schools.
Early viewing is highly recommended. Tenant Information Holding Deposit One week’s rent. This reserves the property.
(Note: This deposit is non-refundable if you withdraw, fail a Right-to-Rent check, provide misleading information, or do not sign the tenancy agreement within 15 days unless otherwise agreed.) Security Deposit Rent under £50,000/year: Five weeks’ rent Rent £50,000 or over/year: Six weeks’ rent (Covers damages or defaults during tenancy.) Unpaid Rent Interest charged at 3% above Bank of England base rate after 14 days overdue.
Lost Keys or Security Devices Tenants are responsible for replacement costs. Additional charges of £15/hour (incl. VAT) apply if extra time is required. Contract Variations £50 (incl.
VAT) per agreed change. Change of Sharer £50 (incl. VAT) per replacement tenant or higher if reasonable costs are incurred.
Early Termination Tenants are liable for landlord's re-letting costs and rent until the start date of a new tenancy. Costs will not exceed the total remaining rent on the contract.
Client Money Protection (cmp) ARLA Propertymark Redress Scheme The Property Ombudsman
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 1 Watlington Grove, London
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