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 terraced house · SE9 2AF
Listing removedListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of a small terraced of attractive period properties set back from the road with a large lawned area to the front.
This house has a lovely bare brick exterior and offers 984 square feet of space including 2 receptions (dining room is extended), kitchen, utility conservatory, 2 double bedrooms and first floor shower room.
To the rear is an easy maintenance garden. The location is prime and within easy reach of New Eltham mainline station which offers fast and frequent access into London.
The house would benefit from some updating and redecoration but would make for a perfect first time buy.
Entrance hall Laminate flooring, radiator Lounge 13' 4'' x 11' 3'' (4.06m x 3.43m) Double glazed bay window, laminate flooring, radiator Dining room 20' 0'' x 11' 3'' (6.09m x 3.43m) Double glazed sliding doors to the garden, laminate flooring, radiator Kitchen 9' 0'' x 5' 5'' (2.74m x 1.65m) Fitted wall and base units with laminated work surface, stainless steel single drainer sink unit with mixer taps, built in oven and gas hob, stainless steel sink unit with mixer taps Utility conservatory 9' 5'' x 7' 10'' (2.87m x 2.39m) Double glazed doors to the garden, base units, space and plumbing for washing machine, tiled floor Stairs to the first floor Laminate flooring Bedroom 1 17' 2'' x 12' 1'' (5.23m x 3.68m) 2 double glazed windows, radiator, laminate flooring, built in wardrobes Bedroom 2 11' 3'' x 11' 0'' (3.43m x 3.35m) Double glazed window, radiator, built in wardrobes, carpet Shower room Frosted double glazed window, shower cubicle, low level wc, wash hand basin with mixer taps, chrome heated towel rail, tiled floor Rear garden 28' 10'' x 21' 4'' (8.78m x 6.50m) Paved Communal garden To the front large lawned area
Value & comps
No previous sales on record.
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 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 Green Lane, New Eltham
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