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 terraced house · SE25 4RF
For saleReduced £25k (−5.3%) on 25 OctListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oaks Estate Agents are delighted to present to the market this lovely two-bedroom house, situated on the ever-popular Grasmere Road.
Offered to the market chain free, this well-presented property spans approximately 902 sq. ft. and is in excellent condition throughout.
This family home briefly comprises: two double bedrooms, a modern bathroom suite, a spacious through lounge, contemporary kitchen, a utility room, and a convenient downstairs W/C.
To the rear, the property boasts a mature garden complete with a garden room.
Perfectly suited for commuters, the trains departing from Norwood Junction will seamlessly transport you into The City and beyond, including both London Victoria and a direct connection into London Bridge with arena tram stop only a few minutes’ walk away too.
You can travel as far afield as Highbury & Islington via trendy Shoreditch High Street without needing to change services on the London Overground.
East Croydon station is only one stop away, meaning you can access pretty much anywhere else in the world in the opposite direction, via the Gatwick Express into Gatwick Airport.
In addition to the excellent transport links, Grasmere Road is also positioned close to a diverse selection of well-regarded and popular local amenities on both Portland Road and South Norwood High Street.
Local residents can enjoy tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises including the effervescent Shelverdine Goathouse, The Craft Beer Cabin and Mamma Dough.
Stroll to the end of the road and find yourself in The Country Park and Norwood Lakes, providing an expansive, scenic, and peaceful place to exercise, wander and relax.
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
Agent & docs

FAQ
About Grasmere Road, South Norwood
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