2-bedroom flat · SE20 7TN
Let agreedListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this newly refurbished, unfurnished two-bedroom split-level flat with an additional box room, perfect for home office, ideally situated in the heart of Penge.
The property offers well-proportioned accommodation throughout and would make an excellent home for families or professional sharers looking for convenient access to local amenities and transport links.
The accommodation comprises a spacious reception room featuring fitted carpeting and neutral décor, creating a bright and welcoming living space.
The property also benefits from a modern fitted kitchen with ample cupboard and worktop space, together with integrated/all white goods.
There are two generous-sized bedrooms and an additional small third room, providing flexible living and storage options, along with a modern family bathroom fitted with a three-piece suite and shower.
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
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
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FAQ
About 2A, Central Parade, High Street
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