2-bedroom flat · DA5 1HY
Sold STCReduced £20k (−6.7%) on 10 AugListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after Parkhill Road, DA5, this well-presented first floor conversion flat offers an excellent opportunity for first-time buyers, downsizers or investors alike.
In good condition throughout, the property provides bright and comfortable accommodation with a spacious lounge/diner, a separate fitted kitchen, two well-proportioned bedrooms and a modern family bathroom, all accessed via a welcoming entrance hall with useful storage.
Externally, residents benefit from ample parking to both the front and rear of the property, along with a well-maintained communal garden, providing an attractive outdoor space to enjoy.
Ideally positioned for everyday convenience, the property is within easy reach of the popular shops, cafés and restaurants of Bexley Village, with additional retail facilities available in nearby Bexleyheath Broadway.
Commuters are well catered for with Bexley and Albany Park railway stations offering regular services into London Bridge, Charing Cross and Cannon Street, while the A2, M25 and M20 are all easily accessible for those travelling by car.
The area is renowned for its excellent selection of schools, including the highly regarded Upton Primary School, St Thomas More Catholic Primary School, Bexley Grammar School and Beths Grammar School, making this an appealing location for a wide range of buyers.
Combining generous accommodation, excellent transport links, highly regarded schools and desirable local amenities, this charming conversion flat is ready to move into and represents an outstanding opportunity in a highly sought-after location.
Front Hallway Lounge/Diner (3.66 x 3.5 (12'0" x 11'5")) Kitchen (2.3 x 2 (7'6" x 6'6")) Bedroom 1 (3.66 x 2.97 (12'0" x 9'8")) Bedroom 2 (2.9 x 2.59 (9'6" x 8'5")) Bathroom (2.3 x 2,15 (7'6" x 6'6", 49'2")) Garden
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
Agent & docs
FAQ
About Flat 2, 72, Parkhill Road, Bexley
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