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See how verdicts work2-bedroom flat · TN22 1DS
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom purpose built first floor apartment, forming part of this popular development, in a cul-de-sac location with communal gardens and a single garage en-bloc.
PURPOSE BUILT FIRST FLOOR APARTMENT | IN NEED OF SOME UPDATING | ELECTRIC HEATING (GAS CONNECTED) | UPVC DOUBLE GLAZING | COMMUNAL ENTRANCE | ENTRANCE HALL | SITTING ROOM | KITCHEN/DINING ROOM | TWO BEDROOMS | BATHROOM | SEPARATE WC | SINGLE GARAGE IN BLOCK | COMMUNAL GARDENS | SITUATION: In a central position away from main roads and within walking distance of the town centre with its extensive range of local services and amenities including close proximity to schools, shops, supermarkets, award winning cinema, restaurants and main line rail services to London Bridge.
DESCRIPTION: A two bedroom first floor flat forming part of this sought after purpose built development.
The property is now in need of some updating but benefits from electric heating (gas connected), UPVC double glazing along with a long lease and modest outgoings.
Approached via a Communal Entrance with stairs rising to the first floor. Personal front door to an Entrance Hall having built-in airing cupboard.
The Sitting Room and Main Bedroom enjoy a westerly aspect to the rear. To the front is the Kitchen/Dining Room and Second Bedroom.
The Kitchen has a range of units to base and eye level, work surfaces, sink unit, plumbing for washing machine, gas cooker and tiled surrounds. There is also a Bathroom and Separate WC.
OUTSIDE: The well-maintained communal gardens wrap around the development with large expanses laid to lawn. SINGLE GARAGE in a nearby block having up and over door.
APPROXIMATE OUTGOINGS (from 2025 figures): Service Charge: £800 per annum Ground rent - £25 per annum Council Tax: Band C EPC Rating: Band C 999 year lease from 1977
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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