We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · BR1 5NT
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well maintained home offers open-plan living to the ground floor features a through reception room and a modern fitted kitchen.
Upstairs the family bathroom is accompanied by the two double bedrooms, the master bedroom has built in double wardrobes. Externally, there is a south facing low maintenance rear garden.
Across the road you will find Downham Park, a 20-acre child and dog friendly park located in Bromley/South East London borders.
The park includes an outdoor play area for children and is in easy walking distance to the health and leisure centre and Co-Op Supermarket.
Grove Park train station is short bus ride or walk away being only 0.8 of a mile from the property and is within Travelcard zone 4 proving regular trains to London Charing Cross in just over 15 minutes.
At the bottom of the road is a high street offering a selection of shops, supermarkets, restaurants and fast food outlets and there is also an excellent choice of ‘OFSTED outstanding’ schools for kids of all ages making this a popular location for first time buyers looking for their first family home.
Local Authority: Lewisham Council Tax Band: C
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
FAQ
About Downham Way, Bromley
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