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 flat · SE4 2LX
Sold STCListed 290 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Tea Factory is a renowned development that offers an impressive array of apartments, many featuring private outdoor areas.
This particular property stands out with over 660 square feet of thoughtfully designed living space, making it an excellent option for prospective buyers.
The Tea Factory is a renowned development that offers an impressive array of apartments, many featuring private outdoor areas.
This particular property stands out with over 660 square feet of thoughtfully designed living space, making it an excellent option for prospective buyers.
The layout includes two generously sized double bedrooms, with the master bedroom boasting a chic en-suite shower room. A family bathroom is conveniently located off the entrance hall.
The open-plan L-shaped kitchen and dining area serve as a central hub, with the dining space extending to your private balcony—ideal for enjoying summer evenings.
Two large windows illuminate the area with natural light. Additionally, residents can enjoy a communal outdoor space and bike storage.
The property is ideally located just 0.1 miles from the Overground line, offering easy access to Central London.
It's also surrounded by popular boutique shops, cafés, and eateries on the vibrant local High Street. Tenure: Leasehold Lease length: 125 years from 2007 Ground rent: approx.
£350 per annum Service charge: approx. £1478 per annum LOCAL AUTHORITIES: London Borough of Lewisham T: Services: Mains water and electricity.
Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.
Viewing: By appointment via Truepenny’s. Truepenny’s Property Consultants Ltd.
for themselves and for the vendor of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the vendor or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending purchaser must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the vendor does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
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
Agent & docs

FAQ
About Tea Factory, Endwell Road, London, SE4
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