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See how verdicts work3-bedroom house · BR1 5HP
For saleListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Just a short walk from Grove Park train station is this three bedroom mid terraced family home, which has been in the same family since being built.
The property comprises of a welcoming entrance hall with built in storage, a delightful open plan lounge and dining room, and a fitted kitchen.
There are three bedrooms and a family bathroom to the first floor. Outside is a generous 55ft rear garden with large lawn.
The property is situated within a popular location and easy walking distance to the leisure centre, local shops and a selection of local schools including Bonus Pastor and Downderry.
Open spaces like Grove Park Nature Reserve and Beckenham Place Park are within easy reach.
Situated on Downham Way the property is ideally located close to a selection of local schools and transport links in Downham Way and Verdant Lane.
The nearest railway station is Grove Park around 0.2 of a mile, serving Lewisham for the DLR, London Bridge, Charing Cross and Cannon Street. Close to Grove Park Nature Reserve and woodland walk.
Entrance Glazed hardwood door into:- Hallway Radiator, built in storage cupboard, wood laminate flooring, door into:- Lounge 4.00m x 3.64m (13' 1" x 11' 11") Double glazed window to rear, enjoying views over the rear garden, picture rail, wood laminate flooring, radiator, opening into:- Dining Room 3.64m x 2.81m (11' 11" x 9' 3") Double glazed window to front, radiator, picture rail, wood laminate flooring.
Kitchen 2.88m x 1.67m (9' 5" x 5' 6") Double glazed door and window to rear garden, range of fitted wall and base units, worksurfaces over, stainless steel sink and mixer tap, space for washing machine and cooker, wall mounted boiler, tiled flooring, splash back tiling.
Landing Stairs to first floor. Bedroom 1 4.10m x 3.39m (13' 5" x 11' 1") Double glazed window to front, radiator.
Bedroom 2 3.68m x 2.79m (12' 1" x 9' 2") Double glazed window to rear, radiator. Bedroom 3 3.18m x 2.04m (10' 5" x 6' 8") Double glazed window to front, radiator, built in cupboard.
Bathroom Double glazed window to rear, white suite complete with panelled bath and shower over, low level w/c, pedestal wash hand basin, tiled walls, radiator, extractor. Garden Approx.
55ft rear garden, mainly laid to lawn with patio, fenced, outside tap.
Council Tax London Borough of Lewisham Band C For the current rate please visit: lewisham.gov.uk/myservices/counciltax/council-tax-bands Broadband and Mobile For Broadband coverage at this property, please visit: checker.ofcom.org.uk/en-gb/broadband-coverage For Mobile coverage at this property, please visit: checker.ofcom.org.uk/en-gb/mobile-coverage Utilities Mains Gas, Electric, Water and Sewerage.
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 Downham Way, Bromley, BR1
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