2-bedroom terraced house · SE9 2AP
Listing removedReduced £70k (−19.2%) on 31 JulListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £400,000 - £425,000 ** John Payne are delighted to welcome this two-bedroom end-of-terrace property.
Offering fantastic potential and is an ideal opportunity for buyers looking to put their own stamp on a home.
The ground floor comprises an entrance porch leading into a spacious through lounge, with a kitchen situated to the rear of the property. From here, you have access to a private 35 ft rear garden.
Upstairs, the property features two well-proportioned bedrooms with the second bedroom ac cess through the family bathroom.
While the property would benefit from some updating, it presents a true blank canvas and has been lovingly held within the same family for many years.
Additional benefits include double glazing throughout and on street parking. Conveniently located 0.5 miles from New Eltham train station, the property is well suited for commuters.
This home would be perfect for a first-time buyer or someone already on the property ladder looking for a project.
Green Lane is a popular residential location, well-positioned for convenience and connectivity.
New Eltham is just a short distance away, offering a range of local shops, cafés, restaurants, and everyday amenities, as well as a library.
New Eltham Station is within easy reach, providing regular services into Central London, making this an excellent choice for commuters.
The property is also well-served by bus routes connecting to Eltham, Chislehurst, and Sidcup.
For families, the property is ideally located within highly regarded schools, including St Olaves Prep School, Dulverton Primary School and Wyborne Primary School, further enhancing its appeal as a long-term family home.
Tenure - Freehold Local Authority Greenwich Council Tax Band - C Energy Efficiency Rating D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 136, Green Lane, London
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