Studio flat · SE25 5JP
Listing removedReduced £14.9k (−9.3%) on 21 JunListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious First Floor Purpose Built Studio Flat.
Situated conveniently for Norwood Junction Overground Station, The Country Park, Tesco Express, Sainsburys Local and the South Norwood High Street with it's popular shops, pubs and restaurants such as Aldi, Costa, Craft Beer Cabin and Mamma Doughs pizzeria.
Features; Spacious studio room, Modern fitted kitchen, Modern fitted bathroom, Allocated off street parking and Communal gardens. Council Tax Band A. EPC Rating D.
Lease Term is 999 years from 1st January 1984. No Onward Chain. View Now! Spacious First Floor Purpose Built Studio Flat.
Situated conveniently for Norwood Junction Overground Station, The Country Park, Tesco Express, Sainsburys Local and the South Norwood High Street with it's popular shops, pubs and restaurants such as Aldi, Costa, Craft Beer Cabin and Mamma Doughs pizzeria.
This property is perfect for a first time buyer or investor looking to add their own stamp and benefits from its close proximity to Norwood Junction Overground Station which offers direct services into London Bridge, London Victoria and Clapham Junction.
Features; Spacious studio room, Modern fitted kitchen, Modern fitted bathroom, Allocated off street parking and Communal gardens. Council Tax Band A. EPC Rating D.
Lease Term is 999 years from 1st January 1984. No Onward Chain. View Now!
Hallway 7' 1" x 2' 7" (2.18m x 0.81m) spacious studio room 15' 5" x 10' 2" (4.72m x 3.10m) modern fitted kitchen 7' 1" x 5' 3" (2.18m x 1.61m) modern bathroom 5' 2" x 4' 11" (1.60m x 1.50m) allocated off street parking space + vistors permit communal gardens leasehold information: Lease term is 999 years from 1st January 1984 (Currently 956 years unexpired).
Ground Rent is currently £50 per annum (Rising to £150 per annum). Building Insurance is currently £300 per annum. Maintenance and Service Charges are currently £1,200 per annum.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 20, Shinners Close, South Norwood
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