4-bedroom bungalow · SE9 3TD
Sold STCReduced £25k (−4%) on 22 SepListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached house offering significant potential for reconfiguration, modernisation and further extension, situated in a very convenient location for New Eltham train station, Chislehurst High Street and several excellent schools.
This former bungalow has subsequently had a first-floor extension added, creating a particularly unconventional layout offering approximately 1,390 sq ft / 129.1 sq m of overall floorspace.
The accommodation should be viewed alongside the attached floorplan to fully appreciate the layout and potential.
There is enormous potential for further extension, subject to the necessary consents, and the current layout could also lend itself to an annex arrangement.
The property was configured specifically for the original occupants and has remained in the family until now.
The accommodation comprises an entrance hall, lounge/diner, reception room/bedroom, bathroom, kitchen/diner and conservatory on the ground floor.
The first floor features a larger-than-average landing, two large double bedrooms and a further room currently converted into a kitchen.
Whilst the property is in reasonable overall condition, it would benefit from modernisation and offers an excellent opportunity for a purchaser looking to create a home tailored to their own requirements.
The property is set back from the road and benefits from a good-sized in-and-out driveway, providing ample off-street parking.
The property is situated on a reasonable-sized plot, with a rear garden extending to approximately 100ft.
An unusual and versatile property with considerable potential, which needs to be viewed to fully appreciate the accommodation and opportunities available. Council Tax Band D.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 343a, Green Lane, London
Explore nearby