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See how verdicts work1-bedroom flat · BR5 4DL
For saleReduced £25k (−12.5%) on 19 OctListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this first floor one double bedroom flat that is offered Chain Free.
The property benefits from a large open plan kitchen and reception room & an allocated parking space.
Exterior Communal Grounds: Allocated Parking Space: Key terms Original Lease Term: Tbc Unexpired Lease: Tbc Current Ground Rent: Tbc Next Ground Rent review date: Tbc Current Service Charge: Tbc Please note these charges may be subject to reviews and should be verified by your solicitor.
Meldrum Close is a short drive from Orpington Town Centre and is conveniently located for St Philomenas school, local bus routes and country walks. Communal Entrance: With security door.
Stairs to all floors. Private Entrance Hall: Entry phone system, storage cupboard, radiator and fitted carpet.
Open Plan Living Room: Lounge/Dining Area: Double glazed window to rear and side, radiator and fitted carpet.
Kitchen: Fitted with a matching range of wall and base units with contrasting work surfaces. Breakfast bar. Space for oven with gas hob and extractor hood.
Stainless steel sink unit and drainer with mixer tap. Space for fridge/ freezer and washing machine. Double glazed window to side and tiled flooring.
Bedroom: Double glazed window to rear, radiator and fitted carpet.
Bathroom: Fitted with a matching three piece suite comprising panelled bath with shower attachment, pedestal wash hand basin and wc with push button cistern. Tiled flooring.
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
Agent & docs
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FAQ
About 8, Meldrum Close, Orpington
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