2-bedroom flat · SE23 2XQ
Sold STCListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £300,000-£325,000 *** Second floor modern purpose built flat offered chain free with two double bedrooms, share of freehold, garage en-bloc, double glazing, entry phone, in need of TLC offering fantastic potential set within a popular location, excellently located for Forest Hill Station, conveniently located for local high street shops and amenities, the award winning Mayow Park and Horniman Museum & Gardens Exterior Garage En-Bloc Key Terms Double glazing Central heating Entry phone Second floor Chain free Share of freehold In need of TLC Fantastic potential Excellently located for Forest Hill Station Conveniently located for local high street shops and amenities, the award winning Mayow Park and Horniman Museum & Gardens Entrance Hall Built in cupboard, carpet, radiator Lounge Double glazed doors, leading to balcony, carpet, radiator Kitchen Double glazed window to rear.
range of wall and base units, laminate work surface, stainless steel sink, space for fridge/freezer, space for washing machine, integrated oven, hob and extractor, cupboard, vinyl flooring Bedroom One Double glazed window to side, built in cupboard, carpet.
radiator Bedroom Two Double glazed window to side, carpet, radiator Bathroom Double glazed window to rear, panelled bath, wash hand basin, low flush WC, vinyl flooring, heated towel rail
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 Mayow Road, London, SE23
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