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 work1-bedroom flat · SE27 9BB
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate one-bedroom flat enjoying a green outlook in West Norwood, London SE27. Set within a modern purpose-built block, this light and quiet home offers a well-planned layout.
The open-plan reception room provides comfortable space for seating and dining, with doors opening onto a generous balcony.
The elevated position gives pleasant views over mature trees and communal greenery, enhancing the sense of calm.
The contemporary fitted kitchen includes ample storage, integrated oven and hob with stainless-steel splashback and extractor, and practical worktop space.
The double bedroom is well proportioned, with space for wardrobes and a desk. A modern bathroom with white suite and tiled surrounds completes the accommodation.
Décor throughout is neutral and well maintained, allowing a buyer to move straight in.
Elder Road runs close to leafy Norwood Park, ideal for dog walking, jogging and city views, while nearby West Norwood high street provides supermarkets, independent cafés, bars and the Picturehouse cinema.
West Norwood station is approximately 10–12 minutes’ walk, offering frequent services to London Victoria and London Bridge in around 25–30 minutes, as well as connections via Clapham Junction.
Multiple bus routes on Elder Road and surrounding streets provide easy access to Brixton, Streatham, Dulwich and Central London.
This one-bedroom flat represents an attractive opportunity for first-time buyers or anyone seeking a low-maintenance home with modern interiors and excellent access to green space and central London transport links.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent £230.00 Ground Rent Review Period No review period Annual Service Charge £2,831.00 Service Charge Review Period Every 1 year Lease End Date 28/05/2132 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 16, 82, Elder Road, West Norwood
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