1-bedroom flat · SE20 7EZ
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash buyers only - long lease Alan De Maid are delighted to present this well-proportioned one bedroom second floor flat, ideally situated off Penge High Street.
This attractive apartment offers bright and spacious accommodation throughout, comprising a welcoming living room, separate fitted kitchen, a generous double bedroom, and a bathroom fitted with a three-piece suite with shower over bath.
The property further benefits from a south-west facing balcony entranceway, providing access to a pleasant outdoor space and allowing plenty of natural light.
Perfectly positioned for commuters and lifestyle buyers alike, the property is located directly on Penge High Street, offering an excellent selection of local shops, cafés, restaurants and amenities.
Both Penge East and Penge West stations are within easy reach, providing convenient transport links into Central London and beyond.
Crystal Palace Park is also nearby, offering extensive green space, leisure facilities and scenic walks.
The property benefits from an exceptionally long lease of approximately 153 years remaining and no ground rent, making it an attractive proposition for both owner-occupiers and investors.
An excellent opportunity for first-time buyers, investors or those looking for a conveniently located home in a vibrant and well-connected area.
Local Authority: Bromley Council Tax Band: B Please note than an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About Flat 6, 126-128, High Street, London
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