House · SE23 1AZ
To rentListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Architecturally designed and recently refurbished work studio with WC, full of light with its own private entrance.
Architecturally designed and recently refurbished work studio with WC, full of light with its own private entrance.
This property offers any business the ability to be in a prime location with its own entrance for clients, small court yard, unrestricted parking, close to Honor Oak Station and flooded with light.
The studio comprises of ample electrical sockets, WC, Kitchenette and courtyard. Floorplan is not accurate for sizes and just a guide.
INFORMATION AND SERVICES Business class - Class E Rateable value - £2950 approx.
Term: 24 months - 60 months (negotiable) Premium - £0 Deposit: £5,400 (6 Months) LOCAL AUTHORITIES: London Borough of Lewisham Services: Mains water and electricity.
Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.
Viewing: By appointment via Truepenny’s. Truepenny’s Property Consultants Ltd.
for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the vendor or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
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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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

FAQ
About Sienna Place, Ballina Street, London, SE23
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