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See how verdicts work2 × 2-bed flat · SE27 9JF
For saleReduced £50k (−8.3%) on 1 OctListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Asking Price - £600,000 – Set on Norwood High Street is this unique opportunity to enquire a freehold building that is set-up perfectly for an investor.
The building consists of three properties and the building has been part of an investment portfolio and is now being sold on The building has two two-beds measuring approx.
760 and 775 sqft respectively. There is also a communal area consisting of a separate kitchen and toilet measuring approx. 155sqft.
Therefore the total floor-space of the building is in excess of 1,700 sqft.
EPC tbc Council tax band C freehold Asking Price - £600,000 – Set on Norwood High Street is this unique opportunity to enquire a freehold building that is set-up perfectly for an investor.
The building consists of three properties and the building has been part of an investment portfolio and is now being sold on The building has two two-beds measuring approx.
760 and 775 sqft respectively. There is also a communal area consisting of a separate kitchen and toilet measuring approx. 155sqft.
Therefore the total floor-space of the building is in excess of 1,700 sqft.
As an investment the property has consistently shown returns of around 8% and is a fantastic opportunity for an investor looking.
Norwood High Street is conveniently located for transport links and there are a number of shops and amenities locally for residents.
The property is ideally located a few minutes walk from West Norwood station and the High Street also offers multiple bus routes to surrounding locations.
The local area offers a plethora of shops, restaurants and local amenities as well as a range of parks and green spaces.
Travel times to destinations from these stations include: London Bridge - approximately 23 minutes Canary Wharf - approximately 30 minutes Victoria - approximately 22 minutes Below are some of the well known schools in the vicinity of the property: Schools Park Campus Julian's Primary School - West Norwood Norwood School Parks and Open Spaces Norwood Park South Norwood Country Park Beckenham Place Park Shops, Restaurants and Amenities There are a multitude of convenience stores, restaurants and trade services locally Early viewing is Highly Recommended
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
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FAQ
About 119, Norwood High Street, London
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