2-bedroom flat · SE20 8RY
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom split level Victorian conversion, occupying the upper two floors of an attractive period property on the popular Avington Grove.
Offering over 1,015 sq ft of accommodation, the property benefits from a private entrance, a separate garden and no onward chain.
The accommodation is arranged over two floors, providing a practical layout with generous room proportions and plenty of natural light throughout.
The first floor comprises a bright reception room with large windows overlooking the front, together with a substantial kitchen/breakfast room to the rear.
The kitchen offers ample fitted storage, worktop space and room for a dining table. A separate WC completes this level.
Upstairs are two well-proportioned double bedrooms, both offering flexible space for bedroom furniture or home working.
A modern bathroom room with a Velux window serves this floor, whilst additional loft storage provides useful practicality.
Externally, the property benefits from a private rear garden, accessed via a separate pathway.
There is also a substantial outbuilding offering useful storage or potential for use as a home office or studio.
Avington Grove is a quiet no-through road conveniently positioned for the amenities of central Penge, including a variety of independent shops, cafés and restaurants.
Both Penge East and Penge West stations are within walking distance, providing connections into Central London, whilst several local parks and green spaces are also close by.
Offering generous accommodation, a private garden and a peaceful setting overlooking a park, this property is ideal for buyers seeking a spacious period conversion on a sought-after, tree-lined residential cul-de-sac, with the convenience of Penge’s amenities and excellent transport links close at hand.
EPC: E | Council Tax Band: C | Lease: 97 years remaining | sc: Nil | gr: Nil | bi: Tbc
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
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 advisors 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
Agent & docs
FAQ
About Avington Grove, London
Explore nearby