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 flat · SE5 8LH
For saleReduced £75k (−8.6%) on 15 SepListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elegant Two Bedroom Period Conversion with Stunning Communal Gardens - chain free. Seeing is believing with this wonderful first-floor period conversion.
Occupying the first floor of an attractive flat-fronted Victorian building on the beautiful Grove Park, the property enjoys leafy views to both the front and rear, along with access to exceptional landscaped communal gardens.
Bright, spacious and beautifully presented throughout, the apartment combines elegant period proportions with stylish contemporary finishes.
Accommodation comprises a superb open-plan reception room with impressively high ceilings and a beautifully appointed kitchen, two generous double bedrooms (the principal with an en-suite shower room) and a contemporary family bathroom.
Bellenden Road, with its thriving independent cafés, restaurants, shops and village atmosphere, is just a five-minute stroll away, while Denmark Hill Station can be reached in around seven minutes, providing excellent connections across London and beyond.
Camberwell, Peckham and Lordship Lane are all within easy reach, offering an abundance of popular eateries, bars, green spaces and local amenities.
The building is set back from the road behind an attractive shared front garden.
Inside, the communal areas are exceptionally well maintained, with tasteful carpeting, an original staircase and large rear-facing windows flooding the space with natural light.
The apartment's Banham-secured front door opens into an L-shaped entrance hall with wooden flooring and neutral décor.
The impressive reception room spans the depth of the building, enjoying soaring ceilings and four large sash windows fitted with blinds.
The comfortable rear-facing lounge overlooks the magnificent communal gardens and features a handsome gas fireplace (currently disconnected), creating an attractive focal point.
Double-glazed sash windows to the rear enhance comfort and energy efficiency.
To the front, the beautifully designed Poggenpohl kitchen enjoys leafy views over Grove Park and offers generous worktop space together with double-height storage cupboards and a bespoke larder cupboard.
Integrated appliances include a dishwasher, double oven and induction hob, making it as practical as it is stylish.
The beautifully maintained communal gardens are a genuine highlight of the property, featuring mature planting, exotic shrubs, a tranquil pond, several seating areas, secure bicycle storage and rear access onto Copleston Passage.
The principal bedroom also overlooks the gardens through another large sash window and benefits from a full wall of bespoke fitted wardrobes.
Its stylish en-suite shower room includes a walk-in shower, wall-hung WC and quality Villeroy & Boch sanitaryware.
Across the hall, the family bathroom features a contemporary suite beneath a charming original arched sash window.
Both bathrooms benefit from underfloor heating, dual-fuel heated towel rails and integrated ceiling speakers with cabling returning to the laundry cupboard.
A separate recessed utility cupboard houses the controls for the underfloor heating and provides practical laundry storage.
Completing the accommodation is a second generous double bedroom overlooking the front of the property.
The flat also benefits from useful attic storage and Cat 6 cabling throughout, providing excellent connectivity for home working and entertainment.
This elegant apartment occupies an enviable position with excellent transport links.
Peckham Rye and Denmark Hill stations provide regular rail, Overground and Thameslink services to London Bridge, Blackfriars, Victoria, Farringdon, St Pancras International, Clapham Junction, Canary Wharf, Shoreditch and many other destinations across London and the South East.
Bellenden Road is just moments away, offering an excellent selection of independent grocers, butchers, bakers, cafés, restaurants, gift shops and boutiques.
Lordship Lane and Northcross Road are also nearby for further shopping and dining options, while Sainsbury's is within easy walking distance.
The surrounding area is well regarded for both its green spaces and schooling.
Peckham Rye Park, Ruskin Park and Dulwich Park are all close by, offering playgrounds, sports facilities, cafés, lakes and beautiful open spaces.
Families are well served by a number of highly regarded local schools, including Dog Kennel Hill, Lyndhurst, Bellenden Primary, St John's & St Clement's, together with independent schools including jags, Dulwich College and Alleyn's.
Tenure: Share of Freehold Lease: 86 years remaining Service Charge: £3,630 per annum (currently, including contribution to a sinking fund, which is in surplus) 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
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
.png)
FAQ
About First Floor Flat, 24, Grove Park, London
Explore nearby