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 maisonette · SE20 8RL
Listing removedReduced £15k (−4.4%) on 25 JunListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £375,000-£400,000 *** Well presented purpose built ground floor maisonette located within a short walk of Penge West and Penge East stations, Penge high street and Crystal Palace Park.
Benefitting from two good sized bedrooms, long lease, 18' lounge, modern kitchen with integrated appliances and access to a beautiful; communal garden.
Exterior Garden Key terms Purpose built maisonette Ground floor 18' Lounge Total floor area 65sqm Modern kitchen with integrated appliances Two good sized bedrooms Communal garden Long lease Excellently located for Penge West and Penge East stations Within walking distance of Penge high street and Crystal Palace park Entrance Hall Part opaque glazed wooden entrance door, radiator, laminate flooring.
Lounge Double glazed bay window to front, radiator, electric feature fireplace with marble hearth and wooden surround, laminate flooring, coved ceiling with ceiling rose.
Kitchen Double glazed window to rear, radiator, range of fitted white high gloss wall and base units with Granite work surface over and upstand, one bowl stainless steel sink unit with mixer tap, oven, gas hob and extractor fan to remain, integrated fridge/freezer, washer/dryer and dish washer, tiled splash back, tiled flooring Bedroom One Double glazed window to rear, radiator, fitted storage in alcoves, carpet.
Bedroom Two Double glazed window to front, radiator, carpet.
Bathroom Opaque double glazed window to side, heated towel rail, three piece bathroom suite comprising of: "P" shaped panelled bath with mixer tap, hand shower and mixer shower over, wall mounted inset wash hand basin with mixer tap and vanity unit under, low level wc, laminate flooring, part tiled walls, extractor fan.
Communal Garden Mainly laid to lawn.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
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 4, Malcolm Close, Penge
Explore nearby
.png){kind=logo}
