1-bedroom flat · SE20 7BT
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ground floor of a Victorian conversion at Phoenix Road, this one-bedroom flat offers private garden access and convenient transport links via Penge East and Penge West stations, both within walking distance.
The accommodation comprises a reception room with a bay window, a separate kitchen diner, and a bathroom fitted with a roll-top bath and shower.
The property retains period-style features typical of Victorian buildings, alongside modern fittings in key areas such as the kitchen and bathroom.
The flat’s private rear garden can be accessed directly from the property, providing an outdoor area suitable for personal use or entertaining.
Phoenix Road is a residential street with established trees and provides access to local amenities including shops, cafes, and public transport options.
This property may appeal to buyers seeking a Victorian conversion flat with outdoor space in a commuter-friendly South East London location.
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Disclaimer These particulars are provided as a general outline only for the guidance of intending purchasers or lessees and do not form part of any offer or contract.
All descriptions, dimensions, references to condition, and necessary permissions for use and occupation are given in good faith and believed to be correct, but prospective purchasers, lessees, or third parties should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
No responsibility is taken for any error, omission, or misstatement. We have not carried out a structural survey, nor tested the services, appliances, or specific fittings.
All photographs, measurements, floor plans, and distances are for guidance only and should not be relied upon for the purchase of carpets or other fixtures or fittings.
External areas and features, as well as tenure and lease details, cannot be guaranteed and must be verified by a solicitor.
Lease terms, service charges, and ground rents are provided as a guide only and should be confirmed by legal advisors.
No person in the employment of Galloways has any authority to make or give any representation or warranty in relation to this property.
Quoted prices, rents, or other costs are correct at the time of publication and, unless otherwise stated, are exclusive of VAT.
Data Protection We take the protection of personal information seriously.
Any data provided to Galloways will be processed in accordance with the UK General Data Protection Regulation (GDPR) and the Data Protection Act 2018.
Personal information will only be used for the purposes of your property enquiry and will not be shared with third parties without your consent.
We also retain the copyright in all advertising material used to market this property.
Referral Fee Disclosure Galloways may receive a referral fee or commission from selected third-party providers, including solicitors, mortgage advisers, surveyors, and concierge services, if you choose to use their services following an introduction by us.
You are under no obligation to use any recommended provider, and your decision will not affect the service you receive from Galloways.
Full details of our referral arrangements, including providers and referral amounts, can be viewed on our Referral Fees & Transparency page Tenant Fee Information (For all new Assured Shorthold Tenancies signed on or after 1st June 2019) • Holding Deposit – One week’s rent.
Retained only if you withdraw, fail a Right-to-Rent check, provide false or misleading information, or fail to sign the tenancy agreement/guarantee within 15 days.
• Tenancy Deposit – Up to five weeks’ rent (annual rent under £50,000) or six weeks’ rent (annual rent £50,000 or above).
• Late Rent Payments – Interest at 3% above the Bank of England base rate from the rent due date until paid (applies once rent is 14+ days in arrears, backdated to the due date).
• Lost Keys / Security Devices – Cost of replacement. If locks must be changed, tenants are responsible for the locksmith, new lock, and replacement keys. • Tenancy Variations / Changes – £50 (inc.
VAT) per agreed change. This covers landlord instructions, preparation of legal documents, and change-of-sharer situations, including associated legal costs.
• Early Termination – If you leave before the end of your tenancy and the landlord agrees, you will be liable for the landlord’s costs to re-let the property, plus rent due until a replacement tenancy commences.
• Utility Payments – Tenants remain responsible for all utility bills, Council Tax, and TV license, unless otherwise agreed. Refer to your tenancy agreement for details.
Regulatory Memberships Galloways is a member of Propertymark (ARLA & NAEA) and The Property Ombudsman (TPO). Client money is protected through CMP.
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 advisors 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
FAQ
About Phoenix Road, Penge, London, SE20
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