2-bedroom house · SE13 7AP
Listing removedReduced £200 (−11.8%) on 21 JunListed 264 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home2u is delighted to market this two-bedroom flat on the ground floor in a house conversion in the SE13 area. This property consists of two bedrooms, open plan kitchen/lounge bathroom and a balcony.
Electric heating, D/G and offered part furnished. 8 min walk to Ladywell Station. Bedroom I Laminated flooring, D/G window to front of radiator.
Bedroom II Laminated flooring, locked double door window to side.
Kitchen Wall units, integrated electric hob with electric fan oven, sink with mixer tap, partly tiled wall, tile flooring, fridge freezer, washing machine and a glass dining table.
Bathroom Beautifully tiled from floor to ceiling, Towel rail, WC, whb with mixer tap. Shower hose with mixer tap in bath and screen.
Balcony Balcony for the summer days to have a glass of wine or to just chill.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Algernon Road, Lewisham
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