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See how verdicts work2-bedroom bungalow · CR2 9AY
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming, well proportioned 2 double bedroom detached bungalow, situated in a sought after location in the heart of Sanderstead with fitted kitchen and separate breakfast/dining room, double aspect lounge with conservatory opening onto a well landscaped and delightful 110' south facing garden backing tennis courts, garage, side access and ample driveway.
EPC Rating D. Council Tax Band F. The current owners had planning permission granted to extend on ground floor level, however this has now expired in 2025 but could be re-submitted.
Planning Reference 22/03765/HSE. The glazed front door leads to a bright and welcoming hallway with large storage cupboard.
The 15'9x12' double aspect lounge has an attractive deep bay window with plantation blinds and patio doors leading to the 20'2 conservatory.
The fitted kitchen leads through to the breakfast/dining room overlooking the garden. Two double bedrooms, the master to the front with fitted wardrobe and dressing table unit and plantation blinds.
Shower room with WC as well as a separate WC for convenience. The level garden is approximately 110' and south facing with a rear gate leading to Sanderstead Village Lawn Tennis Club.
The property requires some modernisation.
Blacksmiths Hill is a sought after cul de sac situated off Sanderstead Court Avenue being within reach of Sanderstead Village, both Atwood and Gresham schools, Waitrose, tennis, golf and cricket clubs, Kings Wood together with Mid-Whitgiftian sports complex and bus services into Croydon, Warlingham and Purley.
Some photos are from previous ownership.
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
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FAQ
About Blacksmiths Hill, Sanderstead, Surrey
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