2-bedroom house · DA15 8RL
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the ever-popular Blackfen, this two-bedroom terraced home presents an exciting opportunity for buyers looking to create their ideal home.
Being Sold by goto Online Auction Starting Bids from £280,000 -cash buyers only Buy it now option available Please call or visit Robinson-Jackson for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase.
The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor or 10 working days after receipt of the buyer’s premium, whichever is earlier Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee called a Buyer’s Premium.
This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid.
Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor.
Terms and conditions apply to the Modern Method of Auction, which is operated by goto Auctions. To book a viewing visit Robinson-Jackson.
General Information: Auctioneer's Comments This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase.
The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor.
By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market.
Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax.
Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed.
Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.
Buyer Fees Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price plus VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT.
This secures the transaction and takes the property off the market. Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Material information: The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack.
(You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding.
It may not yet include everything you need to know so please make sure you do your own due diligence as well.
Key Features: Buy-it-Now option available Being Sold by goto Online Auction Buyer’s fees apply Situated in the heart of the ever-popular Blackfen, this two-bedroom terraced home presents an exciting opportunity for buyers looking to create their ideal home.
Requiring full modernisation throughout, the property offers excellent scope to renovate, extend (subject to the necessary planning permissions) and add significant value.
Further benefits include a detached garage to the rear, providing valuable storage or parking potential.
Ideally located within easy reach of highly regarded primary and secondary schools, a wide range of local shops and amenities and excellent bus routes, this property is perfectly positioned for families, first-time buyers or investors seeking a rewarding renovation project.
Offered with fantastic potential, this is a rare opportunity to purchase a home in one of Blackfen's most sought-after locations and truly put your own stamp on it.
Entrance Hall Hardwood entrance door to the side, frosted window to front, stairs to first floor, exposed floorboards.
Lounge (13' 3" x 10' 0" (4.04m x 3.05m)) Bay window to front, feature fireplace, exposed floorboards.
Kitchen (13' 0" x 8' 6" (3.96m x 2.6m)) Double glazed window to rear, door to rear, range of wall and base units incorporating cupboards and worktops, inset 1 and 1/2 bowl sink unit with drainer and mixer tap, space for oven, plumbed for washing machine, understairs storage cupboard.
Landing Frosted window to side, exposed floorboards. Bedroom One (13' 2" x 10' 5" (4.01m x 3.18m)) Bay window to front, window to front, exposed floorboards.
Bedroom Two (8' 8" x 7' 0" (2.64m x 2.13m)) Double glazed window to rear, access to loft.
Bathroom (5' 7" x 4' 7" (1.7m x 1.4m)) Double glazed frosted window to rea, bath, low level WC, pedestal wash hand basin, part tiled walls.
Rear Garden Garage (32' 6" x 17' 3" (9.9m x 5.26m)) Detached to rear. Front Garden Off street parking.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 93, Lyndon Avenue, Sidcup
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