1-bedroom flat · SE26 6EB
For saleReduced £25k (−11.1%) on 17 SepListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £250,000-£275,000 *** Spacious purpose built ground floor flat set within the ever popular Lawrie Park triangle.
Benefitting from 14' lounge, 12' bedroom, ample storage, residents parking, communal garden and being sold with no onward chain.
Within walking distance of Sydenham and Penge West stations, high streets and Crystal Palace Park Key terms Ground floor purpose built flat Total floor area 42sqm 14' Lounge 12' Bedroom No Chain Communal gardens Residents parking Set within the ever popular Lawrie Park triangle Within walking distance of Sydenham and Penge West stations, high streets and Crystal Palace Park Communal Entrance Glazed communal entrance door, carpet.
Entrance Hall Wooden entrance door, two storage cupboards, wall mounted electric heater, entry phone, laminate flooring, textured ceiling.
Lounge Double glazed window to side and rear, wall mounted electric heater, laminate flooring, textured ceiling.
Kitchen Double glazed window to side, range of fitted wall and base units with work surface over, one bowl stainless steel sink unit with mixer tap, space for electric cooker, space for fridge/freezer, plumbing for washing machine, tiled splash back, vinyl flooring, textured ceiling.
Bedroom Double glazed window to rear, wall mounted electric heater, carpet, textured ceiling.
Bathroom Wall mounted electric heater, three piece bathroom suite comprising of: Panelled bath with mixer tap, pedestal wash hand basin with mixer tap and low level wc, vinyl flooring, part tiled walls, extractor fan, textured ceiling.
Communal Garden Residents Parking
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Flat 1 Wakefield Court, 73, Lawrie Park Road, London
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