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See how verdicts work1-bedroom flat · SE23 3UX
For saleListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious and well presented top floor flat located in the heart of Forest Hill.
Benefitting from 15' lounge, 15' master bedroom, residents parking, long lease, communal garden and being sold with no onward chain.
Within walking distance of Forest Hill station and high street and well located for Horniman museum and gardens.
Key terms Top floor Total floor area 48sqm 15' Lounge 15' Bedroom Ample storage No chain Long lease Residents Parking Communal Parking Located in the heart of Forest Hill Within walking distance of Horniman Gardens, Forest Hill station and high street Communal Entrance Glazed communal entrance door, stairs to second floor, vinyl flooring.
Entrance Hall Wooden entrance door, four storage cupboards, entry phone, laminate flooring. Lounge Full height double glazed windows to rear and side, laminate flooring.
Kitchen Double glazed window to side, range of fitted wall and base units with work surface over, one bowl stainless steel sink unit with separate taps, space for cooker, plumbing for washing machine, space for fridge/freezer, tiled splash back, tiled flooring.
Bedroom Full height double glazed window to rear, laminate flooring.
Bathroom Three piece bathroom suite comprising of: Panelled bath with separate taps and electric power shower over, inset wash hand basin with mixer tap and vanity unit under, low level wc, part tiled walls, tiled flooring, extractor fan.
Communal Garden Mainly laid to lawn.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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
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FAQ
About Flat 15, Fairbank, 4, Taymount Rise, London
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