2-bedroom flat · SE6 4YL
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Acorn are thrilled to welcome to the market this wonderful flat, offered to the market having been recently redecorated by the current owners.
With no onward chain, the flat is enviably located for access to green spaces and transport links with Catford's Station within 0.1 miles.
The shops, bars and restaurants of both Brockley, Crofton Park and Catford are within easy reach, making this an ideal first time purchase.
Boasting ample storage options throughout, the flat offers two well proportioned double bedrooms, tiled bathroom with utility space, well appointed fitted kitchen with ample units, and a fantastic lounge with viewing window over the local park.
The development, Iona Close, offers residents parking and access to maintained communal grounds.
Tenure Leasehold Lease Length: 175 Years Remaining - From and including 29 May 1989 to and including 30 May 2202 Ground Rent N/A Service Charge £1,200 PA Local Authority Lewisham Tax Band C Energy Efficiency Rating D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Iona Close, London
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