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See how verdicts work2-bedroom flat · SE25 6EB
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote Ref TH0310 For All Enquiries - Well proportioned one/two bedroom ground floor flat (708 Sq.Ft) with private patio garden and no onward chain, ideally situated moments from Norwood Junction station and local amenities.
The property does now require full modernisation, but offers excellent potential for upgrade and customisation to suit own taste.
Features include a generous reception room, separate kitchen, family bathroom, gas central heating and double glazing.
(Please note that whilst the property is being used as a two bedroom flat, there is no window in the rear room, making it legally only one bedroom.) Accommodation comprises entrance leading into the reception room with ample space for both relaxing and dining.
The separate kitchen area comprises a range of wall and base units with work surfaces incorporating inset sink unit and further space for appliances.
There are two well sized bedrooms, plus a bathroom with white three piece suite.
The property is located close to Norwood Junction station, as well as numerous regular bus routes, all providing exceptional links into Central London and to the surrounding area.
South Norwood High Street is on the doorstep, providing a variety of shops, pubs and amenities, and Croydon is also within easy reach boasting a wider range of shops, bars, restaurants and leisure facilities.
The area is also well served by good local schools and lovely open spaces. Viewings are highly recommended. Lease Term: 149 years remaining.
Service Charge: No fixed service charge, £600 per annum for buildings insurance. Ground Rent: £100 per annum. All prospective purchasers are advised to make their own enquiries via a solicitor.
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 High Street, South Norwood, SE25
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