3-bedroom house · SE20 7JS
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rarely available three bedroom Alexandra Cottage, tucked away in one of Penge’s most sought-after Conservation Areas, just moments from Crystal Palace Park, excellent transport links and a lovely selection of independent shops, coffee houses and local amenities.
Full of character, charm and exciting potential, this delightful cottage offers a fantastic opportunity for a new owner to modernise and personalise the space while retaining the features and atmosphere that make these homes so special.
The ground floor offers a front reception room, followed by a generous dining room enjoying an abundance of natural light and providing an excellent setting for entertaining.
The kitchen is located to the rear creating a lovely connection to the garden and plenty of opportunity for a future owner to create a home suited to their own style and requirements.
A door leads directly outside, where the south facing garden extends almost 30ft.
The bathroom and WC are also located on the ground floor, while upstairs are three bedrooms, each benefiting from high ceilings and the characterful proportions synonymous with Alexandra Cottages.
While the property would benefit from modernisation and updating, this presents an opportunity to transform an already characterful home into something truly individual.
The combination of three bedrooms, generous living accommodation, a delightful garden and the potential to improve and add value makes this a particularly appealing proposition for those looking to put their own stamp on a period cottage.
This location feels wonderfully removed from the hustle and bustle while remaining exceptionally well connected.
Just moments away, Crystal Palace Park provides an impressive 200 acres of open space, alongside numerous leisure facilities, events and activities.
The nearby Brown & Green café and popular Sunday Farmers Market add to the village like feel of this particularly appealing pocket of Penge. EPC: D | 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
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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
FAQ
About 86, Edward Road, London
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