2-bedroom flat · DA7 4HJ
For saleReduced £20k (−9.1%) on 1 JulListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartment located on the second floor Fern Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 54 properties arranged over 3 floors each served by lift.
The resident Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello response system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom.
It is a condition of purchase that residents be over the age of 60 years and partner 55.
Please speak to our Property Consultant if you require information regarding Event Fees that may apply to this property. Accommodation Front door leading to Hall Entrance Hall Light switch.
Ceiling light point. Power point. Door to airing cupboard housing insulated hot water cylinder and storage space. Security door entry phone. Alarm system. Living Room Electric night storage heater.
Power points. TV aerial point. Emergency pull cord. 2 wall lights. Telephone point.
Modern Fitted Kitchen Tiled and fitted with wall and floor units with drawers, stainless steel sink unit and work tops. Built in electric oven and four ring electric hob. Overhead extractor hood.
Space for refrigerator/freezer. Power points. Strip light. Extractor fan. Bedroom One Built-in wardrobe. Electric night storage heater. Illuminated light switch. Power points. Emergency pull cord.
Telephone point. Two wall lights. Bedroom Two Electric night storage heater. Illuminated light switch. Power points. Two wall lights.
Bathroom Tiled and fitted with suite comprising with bath and shower over, and hand rail. WC with low level flush; Vanity wash hand basin with mirror and lights.
Strip light, extractor fan and emergency pull cord.
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
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FAQ
About 47, Fern Court, Bexleyheath
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