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 terraced house · SE9 2EX
Listing removedListed 391 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a charming period house with bare brick exterior and is a great project needing complete renovation and updating to return it to it's former glory.
Located moments from Avery Hill park and 12 minute walk to New Eltham mainline station, this freehold house could be a perfect first time buy.
The accommodation includes 2 receptions, 2 bedrooms, kitchen and first floor bathroom.
The house does have gas central heating and double glazing and apart from that this is a roll up your sleeves opportunity where the property can be a great little home.
The rear garden is nice and not overlooked to the back. The property is offered chain free.
Entrance hall Radiator Lounge 10' 5'' x 8' 9'' (3.17m x 2.66m) Double glazed window Dining room 11' 8'' x 9' 6'' (3.55m x 2.89m) double glazed window, radiator, carpet Kitchen 10' 11'' x 6' 6'' (3.32m x 1.98m) Double glazed window, wall and base units with work surface, stainless steel single drainer sink unit, plumbing for washing machine, cooker point, tiled walls, vinyl floor covering Stairs to the first floor Bedroom 1 11' 8'' x 9' 6'' (3.55m x 2.89m) Double glazed window, double radiator, carpet, door to bathroom Bathroom Frosted double glazed window, panelled bath, low level wc, pedestal wash hand basin, combi boiler Bedroom 2 11' 9'' x 10' 6'' (3.58m x 3.20m) Double glazed window, double radiator, carpet Rear patio 17' 3'' x 7' 11'' (5.25m x 2.41m) Patio area, outside tap, side access Rear garden 40' 8'' x 15' 5'' (12.39m x 4.70m) Laid to lawn
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 Avery Hill Road, New Eltham
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