We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BR2 8HX
For saleReduced £25k (−5.6%) on 23 OctListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £485,000 to £500,000. An opportunity to purchase a chain free, 2 bed detached cottage in need of renovation.
Situated in a small cul-de-sac with easy access by car or bus to local amenities in Locksbottom, Hayes, Keston and Bromley.
A rare opportunity to purchase a two bedroom detached cottage tucked away in a small cul-de-sac just off Croydon Road.
Having been lived in by the current owner for almost 50 years, the property is now chain free and in need of complete modernisation to create a unique home to be enjoyed by the next generation for many years to come.
To the ground floor are two separate reception rooms both with views over the front garden, a kitchen to the rear with a door out into the garden and a ground floor three piece shower room.
To the first floor are two double bedrooms, the master has fitted wardrobes. The property has the advantage of an en-bloc garage with a parking space in front.
The property sits almost in the middle of its plot and, with some time and attention, this could be transformed into a beautiful, secluded cottage garden.
Situated with easy access by car or bus to local amenities in Locksbottom, Hayes, Keston and Bromley. Local schools include Keston Village primary plus Hayes and Ravenswood secondarys.
The nearest train station is Hayes just a 1.6 mile drive away. Broadband and Mobile Coverage For broadband and mobile phone coverage at the property in question please visit: And respectively.
Important note to potential purchasers: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
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
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FAQ
About Catchpenny Cottage, 3, The Avenue, Keston
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