Studio flat · SE26 5NE
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £200,000-£225,000 *** Well presented ground floor period conversion situated in an attractive period building with original period features.
Benefitting from share of freehold, 18' living area, modern bathroom and kitchen with integrated appliances, communal garden and being sold with no onward chain.
Within walking distance of Sydenham and Penge East stations and well located for Crystal Palace Park and the award winning Mayow Park.
Exterior Pleasant communal garden Key terms Attractive period property Ground floor Share of freehold Total floor area 29sqm 18' Living area Modern kitchen with integrated appliances Modern bathroom Communal garden No chain Within walking distance of Sydenham and Penge East stations Well located for Crystal Palace Park and the award winning Mayow Park Owners Comments The building has been newly converted into luxury flats with a great deal of care and attention.
There is complete peace of mind with new heating system, plumbing, electrics, kitchens and bathrooms. We have used high end materials and created very light welcoming apartments.
The location is very convenient, near Sydenham high street with its deli's, shops and coffee bars. There are two stations nearby giving excellent links into the city and central London for commuters.
Communal Entrance Communal entrance door, carpet. Entrance Hall Wooden entrance door, entry-phone system, wooden flooring.
Lounge/Bedroom Double glazed bay window to front, double glazed window to front, radiator, wooden flooring.
Kitchen Double glazed window to front, range of fitted high gloss wall and base units with granite work surface over, one and a half bowl inset sink unit with mixer tap, "Neff" oven, hob and extractor to remain, integrated "Neff" fridge and washing machine, wall mounted boiler, vinyl flooring.
Bathroom Three piece suite comprising of: Panelled bath with mixer tap and shower attachment, glass shower screen, wash hand basin with mixer tap and vanity unit under, enclosed low level wc, radiator, marble tiled flooring, part tiled walls, extractor fan.
Communal Garden
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.
Area
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FAQ
About Flat 1, 46, Newlands Park, London
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