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See how verdicts work2-bedroom flat · BR6 0LA
Listing removedListed 271 days
Opportunity summary
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About
Precista Court is a delightful complex of retirement apartments offering independent living for the over 55's and is situated in the heart of Orpington town centre.
The High Street location means all the facilities of the town are close by as well as the Priory Gardens where you can enjoy walks around the ponds and historical buildings.
This particular penthouse apartment, situated on the top floor and served by a lift, is possibly one of the largest retirement flats you will find in the area having over 1400 sq ft. Of accommodation.
A security entry phone system allows access to the building and entry to the communal hallway on the ground floor. Here you will find the manager’s office and access to the communal lounge.
The upper floors have stairs or lift access through well cared for hallways.
Upon entry to the apartment, you will find large, carpeted entrance hall with two built-in cupboards and access to the principal rooms.
The impressive open plan living/dining room is carpeted and has a feature window with easterly aspect and two skylight windows.
From here you will also access the kitchen which can be closed off via sliding doors or left open to the reception room.
The kitchen is fitted with wall and base units with work surfaces over and comes complete with an integrated hob, built-in oven, freestanding fridge/freezer, washing machine and slim line dishwasher.
The master bedroom is of unusually generous proportions and has light flooding in from two skylight windows and a window to the front easterly aspect.
It is carpeted, has two built-in double wardrobes and has been fitted out with a range of cupboards and drawer units as well as built-in storage space in the eaves.
It has an en suite shower room with WC. Bedroom two is also a good size double room with carpet and a built-in double wardrobe.
The main bathroom, also very generous in proportions, has a bath and separate shower cubicle along with the WC and wash hand basin.
The apartment also comes with the benefit of 24 hour emergency assistance. There is an allocated parking space in the car park behind, with access via remote controlled electric gates.
You'll also find well-tended communal gardens for residents to enjoy. Facilities at Precista Court also include a resident’s lounge, guest bedroom suite for visitors and a part time scheme manager.
Orpington is a thriving suburban town within the M25 and therefore ideally situated for access to the motorway network and the railway stations that can transport you into London in as little as 17 minutes.
The town centre has a comprehensive range of shops and facilities including the Walnuts Shopping Centre and Odeon cinema.
Sports facilities are also well catered for with the Walnuts Leisure Centre, golf courses, football and rugby clubs all within the area.
You will also find larger stores at the Nugent Retail Park along with electrical superstores, furniture shops and diy centres along the Sevenoaks Way.
Shopping centres at Bluewater and Bromley can also be found within 10 miles drive or bus ride.
Local Authority: Bromley Council Tax Band: C Retirement flat top floor penthouse 1400SQFT of accommodation Ensuite bathroom huge living room Gated parking space
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.
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FAQ
About Flat 23, Precista Court, 48, High Street, Orpington
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