1-bedroom flat · SE19 2PR
Sold STCListed 527 days
Opportunity summary
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About
A first floor one-bedroom flat in a super convenient location on the Triangle. The flat has a beautifully finished interior and a highly desirable open-plan kitchen living space.
Offered with a share of freehold, a lease of approx. 989 years and no onward chain. Location, location, location!
This flat is literally on the Triangle, with the best gastropubs, cafes, coffee shops, and restaurants on your doorstep.
It’s also opposite Westow Park, and a short walk from Crystal Palace Park and Crystal Palace Station.
The flat has a bright and airy open-plan kitchen/living space, which is a really well-proportioned room; it makes for a very social space when entertaining, and you can keep up with conversation while cooking and not feel separated.
It is also a generously sized space with enough room for a lounge space and a dining area. The kitchen is really nicely finished.
It has solid worktops arranged in an L-shaped configuration, creating a decent amount of prep space and a gas hob, which discerning cooks will appreciate!
The bedroom is well-sized, with the same hardwood floors that run throughout the rest of the flat, it also has high ceilings, so you can fit taller wardrobes in, freeing up floor space.
There is a beautiful modern bathroom, which features a shower over a full-sized bath, and it all feels a bit lux owing to the fully tiled walls and floor, as with the rest of the flat it is just finished beautifully.
Tenure-wise, the flat has a share of freehold, so there is no ground rent.
There’s an accompanying lease of 113 years, and the annual service charge is a very reasonable £1050 PA, which includes building insurance and the maintenance of all the communal spaces.
There is a useful communal storage area on the outside, on the ground floor, which is incredibly useful for bikes, suitcases and all the items or bits you don’t need access to very often.
Location-wise, you’ll be hard-pressed to find a more convenient spot, as the flat is on our much-loved “Triangle,” where you can find the best gastropubs, coffee shops, vintage furniture and clothes shops.
There are notable art galleries, an Everyman cinema, and, of course, the much-loved Haynes Lane food market, which is a must-visit on a Saturday for the best fresh produce.
You wouldn’t ever need to leave the Triangle; it has everything, and thankfully, it’s largely independent!
Crystal Palace Station is 0.8 mi away, or a twelve-minute walk (according to Google Maps), providing direct trains to London Bridge, Victoria, and the overland takes you to Shoreditch and beyond.
Gipsy Hill Station is also 0.5 mi away, where you can also access Herne Hill, Brixton, London Bridge, Victoria and Beckenham.
Crystal Palace Park is just next to the station and offers 200 acres of listed parkland.
It is host to many music and cultural events throughout the year and is loved for its boating lake, concert bowl, national sports centre, and, of course, its Dinosaurs!
It is also host to a food market on Sundays, although it has more of a street food scene, and Haynes Lane is where you would source your artisan ingredients and cheeses. EPC Rating: B
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
FAQ
About Church Road, London, SE19
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