We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SE2 9NQ
For saleReduced £10k (−3.7%) on 21 JunListed 566 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a gated development in the sought-after Hermitage Close, this exclusive two-bedroom penthouse offers a unique opportunity to enjoy luxury, privacy, and convenience in one of the area's most desirable locations.
As the only flat on the floor, this home provides an unmatched sense of exclusivity, enhanced by an impressive L-shaped balcony, perfect for relaxing or entertaining while enjoying elevated views.
The property boasts two well-proportioned bedrooms, both designed for comfort, with ample space for storage.
The bright and spacious open-plan living and dining area benefits from large windows that flood the space with natural light, seamlessly connecting to the balcony for an airy and expansive feel.
The modern fitted kitchen is well-equipped, offering stylish cabinetry, quality appliances, and plenty of workspace.
A contemporary family bathroom completes the home, featuring sleek finishes and a well-designed layout.
Additional benefits include secure entry, added security and exclusivity of a gated development, ensuring both peace of mind and a high standard of living.
Situated in a quiet residential close, the flat is within easy reach of local amenities, transport links, and green spaces.
Abbey Wood station, offering Elizabeth Line services, is just a short distance away, providing excellent connections to central London and beyond.
Offered chain-free, this rare penthouse is ideal for first-time buyers, professionals, or investors seeking a stylish and hassle-free home in a prime SE2 location.
Entrance Hall Living Room (4.27 x 3.66 (14'0" x 12'0")) Kitchen (3.25 x 2.54 (10'7" x 8'3")) Bedroom One (5.23 x 3.01 (17'1" x 9'10")) Bedroom Two (3.15 x 1.8 (10'4" x 5'10")) Bathroom
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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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.
Area
Agent & docs
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FAQ
About Flat 13, Block 5, Hermitage Close, London
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