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See how verdicts work2-bedroom house · SE28 8LY
For saleReduced £25k (−8.3%) on 14 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Nickelby Close, this freehold house presents an exciting refurbishment project for those with a vision.
Comprising two bedrooms, a bathroom, and a reception room, the property is a blank canvas awaiting your personal touch.
While it requires total refurbishment throughout, the potential to create a modern and stylish living space is immense.
The presence of double glazing enhances energy efficiency, ensuring comfort throughout the seasons.
The layout, featuring a lounge and kitchen, offers a functional foundation that can be transformed into a contemporary haven.
This property is ideally situated, boasting excellent access to public transport and being conveniently close to local schools, making it particularly appealing for families.
With no onward chain, you can embark on your renovation journey without delay, allowing you to invest your time and creativity into a home that can truly shine.
This house is perfect for savvy investors, builders, and diy enthusiasts alike, providing a unique opportunity to either make it your own or refurbish it for rental purposes.
Seize the chance to leave your mark on this property and turn it into a stunning residence within a vibrant London community.
This is an opportunity not to be missed for those looking to create a home that reflects their style and aspirations.
Lounge (4.14m x 2.84m (13'7 x 9'04)) Kitchen (3.33m x 1.83m (10'11 x 6')) Landing Bedroom One (3.07m x 2.95m (10'1 x 9'8)) Bedroom Two (2.92m x 2.41m (9'7 x 7'11)) Bathroom (2.49m x 1.73m max sizes (8'2 x 5'8 max sizes)) Small Garden Area
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 49, Nickelby Close, London
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