2-bedroom flat · DA15 9HH
For saleReduced £10k (−5.9%) on 20 AugListed 522 days
Opportunity summary
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About
***guide price £190,000-£210,000*** Spacious Two-Bedroom First Floor Retirement Apartment – Prime Blackfen Location Located in the heart of Blackfen, this well-presented two-bedroom first floor retirement property offers comfort, convenience, and a strong sense of community.
Situated within a popular development exclusively for residents aged 60 and over, the apartment is just a short walk from local shops, bus routes, and essential amenities.
The property features a bright and airy living room, a modern fitted kitchen, two generously sized bedrooms, and a well-appointed shower room.
Set within beautifully maintained communal grounds, residents also benefit from a shared laundry room and private parking facilities.
Further benefits include double glazing, secure entry, and an on-site manager for peace of mind.
Offered with no onward chain, this is an ideal opportunity for those seeking a low-maintenance lifestyle in a welcoming retirement community.
Key Features: Two spacious bedrooms First floor position Communal laundry room Beautifully kept communal gardens Residents’ parking Excellent central Blackfen location Close to shops, buses, and local amenities No onward chain Key terms Unexpired term of lease: Approximately 150 years Current ground rent: Tbc Current service charge: Approximately £256.66 per calendar month Next ground rent review: Tbc Please note the above should be verified by your solicitor.
Please not that there is a minimum age requirement of 60 years and purchasers may need to attend a suitability interview Communal Entrance Entry phone system, stairs to first floor.
Entrance Hall Entrance door to side, storage cupboard, airing cupboard housing hot water tanks, storage heater, carpet.
Lounge/Diner (11' 4" x 15' 3" (3.45m x 4.65m)) Double glazed bay window to front, telephone entry system, storage heater, carpet.
Kitchen (11' 2" x 5' 9" (3.4m x 1.75m)) Double glazed window to rear, matching range of wall and base units incorporating cupboards, drawers and worktops, stainless steel sink unit with drainer and mixer tap, integrated oven and hob with filter hood above, space for fridge/freezer, plumbed for washing machine, part tiled walls, vinyl flooring.
Bedroom One (12' 1" x 9' 0" (3.68m x 2.74m)) Double glazed window to front, fitted wardrobes with sliding doors, storage heater, carpet.
Bedroom Two (12' 1" x 6' 3" (3.68m x 1.9m)) Double glazed window to front, storage heater, carpet.
Bathroom (7' 3" x 5' 9" (2.2m x 1.75m)) Panelled bath with electric shower over, pedestal wash hand basin, low level WC, chrome heated towel rail, extractor fan, tiled walls, tiled flooring.
Parking Residents parking Communal Gardens
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 12, Fountain Court, Sidcup
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