How much is Ground Floor, LONDON?

The asking rent is £1,300 a month.

No floorplan from the agent

Ground Floor, LONDON, SE20 7JH

Studio flat · SE20 7JH

1 bath

Asking rent

£1,300/mo

Listing removedListed 79 days · slow let

Investor metrics

Opportunity summary

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About

The property

A stunning fully furnished studio apartment with Water, Gas & wifi bills included with private kitchenette as well as shared kitchen.

This studio is available to rent within a modern new-build development in Penge, SE20.

Finished to a high specification throughout, this contemporary studio offers comfortable, self-contained living in a highly convenient location.

The property is situated just 0.3 miles from Penge East Station, providing excellent transport links into Central London.

Residents are also within easy reach of local shops, supermarkets including Sainsbury's and Lidl, cafes, restaurants, and other everyday amenities.

The development benefits from free Wi-Fi, CCTV security in all communal areas, a communal laundry room, and professionally cleaned communal areas four times per week, the studio also has air conditioning & central heating .

Available from now!

Rent: £1300 pcm Holding Deposit: One weeks rent £300based on the advertised rent, to secure the property whilst referencing is conducted and will be off set against the full security deposit that is equivalent to five weeks rent.

Security Deposit: £1500 equivalent to five weeks' rent and inclusive of the holding deposit. Payable with the first month's rent.

Epc: C Council Tax: A Council Tax Band: Holding Deposit: £300.00 Furnished Water, Wifi, Gas Bills Inclu Available Now! Large Space Air Conditioning Close To Station

Key information

Availability

Available now

Check availability with the agent

Bills

Bills Included

Council tax band

Band A

Estimated ~£1,200/year

Local authority

Bromley

London Borough

County

Greater London Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4Not verified - check with the council

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.