2-bedroom bungalow · SE18 1HT
For saleReduced £10k (−2.4%) on 20 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within easy reach of Plumstead High Street is this 2 bedroom semi detached bungalow. This property is double glazed, has a 12ft lounge, and central heating.
The property also has a 13ft11 master bedroom, a 25ft x 20ft rear garden, and is offered with vacant possession. Entrance hall Double glazed door to side with double glazed side panels. Radiator.
Laminate flooring. 2 cupboards housing meters. Lounge 12' x 9' 11" (3.66m x 3.02m) Double glazed door to rear with double glazed windows to either side leading to garden. Radiator. Laminate flooring.
Kitchen 7' 9" x 6' 8" (2.36m x 2.03m) Double glazed window to rear. Double glazed door to side leading to garden. Radiator. Wall and base units with work surface over.
Stainless steel sink with drainer unit. Tile splash back. Tiled floor. Plumbed for washing machine. Boiler. Oven hob and extractor fan.
Bedroom one 13' 11" into bay x 9' 11" (4.24m x 3.02m) Double glazed bay window to front. Radiator. Laminate flooring. Coving. Bedroom two 8' 6" x 6' 6" (2.59m x 1.98m) Double glazed window to front.
Radiator. Laminate flooring. Bathroom Obscure double glazed window to side. Towel radiator. Extractor fan. Tiled walls and floor. Suite comprising: Paneled bath with mixer shower attachment.
Pedestal wash hand basin. Low level flush W.C. Garden Approximately 25ft x 20ft.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 116, Benares Road, London
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