3-bedroom detached house · SE20 7EE
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lucas Road is a particularly pretty residential cul-de-sac, lined with mature and blossom trees and known for its strong sense of community.
This charming Victorian home has been thoughtfully extended and beautifully maintained throughout, offering a wonderful balance of period character, modern living and generous entertaining space.
The property comprises three well-proportioned bedrooms, a stylish family bathroom and a bright, welcoming reception space.
To the rear, the extended kitchen creates a fantastic heart of the home, with direct access onto a south-facing garden, ideal for enjoying the sunshine, entertaining friends or simply relaxing outdoors.
Beautifully presented throughout, the house retains the character and charm you would expect from a Victorian property while offering the practicality and space required for modern family life.
Lucas Road is well placed for local amenities and transport. Both Penge East and Penge West stations are nearby, providing excellent connections into central London and beyond.
The area is also home to a wonderful selection of independent coffee shops, restaurants, bars and everyday shopping facilities along the high street.
For green space, Crystal Palace Park is also nearby.
The impressive 200-acre park offers extensive open spaces, mature woodland and recreational areas, as well as a popular Sunday market and the much-loved Brown & Green Café, perfect for a leisurely coffee or lunch after exploring the park.
A charming Victorian home in a peaceful and sought-after setting, with excellent transport links, a south-facing garden and the amenities of Penge close by.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 24, Lucas Road, London
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