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See how verdicts work2-bedroom flat · BR1 4TL
Sold STCReduced £25k (−9.1%) on 26 OctListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a sought-after private gated development, this beautifully presented two-bedroom apartment offers a perfect blend of modern living, security, and convenience, complete with allocated parking.
The spacious accommodation comprises a bright and airy open-plan living and dining area with doors opening onto a private terrace, creating an ideal space for both relaxing and entertaining.
The contemporary kitchen is fully fitted with integrated appliances and offers ample storage.
The property boasts two generous double bedrooms, with the principal bedroom benefiting from built-in wardrobes. A modern three-piece family bathroom is accessed from the hallway.
Ideal for professionals, downsizers, and investors alike, the property is set within well-maintained communal grounds and enjoys a peaceful setting while remaining within easy reach of local amenities, transport links, and green spaces.
Conveniently located close to Beckenham Place Park and just 0.8 miles from Beckenham Hill Station, the property offers excellent access to green open spaces, local amenities, and transport links, making it ideal for both commuters and those seeking a balanced lifestyle.
Lease - 125 years from 1st August 2006 (105 years remaining) Service Charge - £3,400 PA Ground Rent - £250 PA London Borough of Lewisham - Council Tax Band - B Energy Efficiency Rating - C
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 Medhurst Drive, Bromley, Kent
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