2-bedroom flat · SE23 3EN
For saleReduced £25k (−6.7%) on 12 AugListed 640 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful two double bedroom split-level Victorian conversion for sale just moments from Forest Hill station. Offered chain free.
The property comprises a spacious open plan kitchen/reception room, two double bedrooms and a modern bathroom suite.
Further benefits include an abundance of light, double glazing, an additional WC and so much more.
Located just moments Forest Hill station, the property offers fantastic transport links into London Bridge, Canada Water, Shoreditch, Whitechapel, Highbury and Islington and many other locations.
It is also just a short walk to various amenities including a variety of restaurants, coffee shops, cafes, gastro pubs and parks.
EPC: C | Council Tax Band: C | Lease: 150 years remaining | sc: Nil | gr: Nil | bi: £650 pa
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
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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 Top Floor Flat, 21, Devonshire Road, London
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