2-bedroom flat · BR8 8JA
Sold STCListed 103 days
Opportunity summary
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About
**Guide Price £240,000 - £250,000** Hazell Holland offer a great opportunity set within Erica Court, well-located part of Swanley, this sold as seen Maisonette presents an excellent opportunity for first-time buyers or investors seeking a project with great potential.
Although the property requires updating, it offers a blank canvas for those looking to create their dream home or enhance their investment portfolio.
One of the standout features of this location is its superb transport links.
Swanley Station is just a stone's throw away, providing fast and efficient services to London Victoria and Blackfriars, making it ideal for commuters.
Additionally, the property boasts excellent road access to major routes including the A20, M20, A2, and M25, ensuring that you are well-connected to the wider region.
For those who enjoy the outdoors, Swanley Park is nearby, offering a delightful boating lake, a café, a splash park, and a miniature railway, all set within expansive green spaces perfect for leisurely strolls or family outings.
The area also benefits from a strong selection of Good and Outstanding schools, making it an attractive choice for families.
Swanley Square shopping centre is conveniently located, featuring a variety of supermarkets, cafés, retail shops, and a weekly market, ensuring that all your daily needs are met within easy reach.
With an Asda and a new Lidl set to open soon, shopping will be even more convenient. This property is chain-free, allowing for a smooth and straightforward purchase process.
With its prime location and potential for transformation, this maisonette in Erica Court is a remarkable opportunity not to be missed. Chain free.
Entrance Hall - Hardwood entrance door with double glazed opaque window to side. Carpet. Meter cupboard. Stairs going up. Doble glazed window to side. Built-in airing cupboard.
Lounge - 4.78m x 3.53m (15'8 x 11'7) - Double glazed window to front. carpet. Rose centre. Double radiator. Electric fire. Kitchen - 4.57m x 2.36m (15' x 7'9) - Two double glazed windows to rear.
Carpet. Tiled splash backs. Single drainer sink unit with mixer tap. Range of wall and base units with built-in oven and hob. Landing - Double glazed window to side. Carpet. Access to loft.
Bedroom One - 3.71m x 3.56m (12'2 x 11'8 ) - Double glazed window to front. Carpet. Radiator. Built-in storage cupboard. Bedroom Two - 3.81m x 2.49m (12'6 x 8'2 ) - Double glazed window to rear.
Carpet. Radiator. Bathroom - 2.31m x 2.01m (7'7 x 6'7 ) - Double glazed opaque window to rear. Carpet. Double radiator. Tiled splash backs. Low level w.c Pedestal hand wash basin. Panel bath.
Separate shower over bath. Garage - En-Bloc.
Lease Details - We have been advised by the sellers solicitor that a new lease will be granted by completion ending 24th December 2154 Remaining Lease - We have been advised by the vendors solicitor that upon the new lease being granted it will have 128 Years remaining Service Charge - We currently await details of the yearly charges Ground Rent - We have been advised by the sellers solicitor that Ground Rent will be Peppercorn upon the new lease being granted Please Note - The sale of the property is by the personal representative of the deceased owner, who has no knowledge of the property, and cannot give any warranty as to the accuracy of these particulars
Value & comps
No previous sales on record.
Returns
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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 Erica Court, Swanley
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