3-bedroom semi-detached house · CR8 1ES
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire this larger-style three-bedroom family home, ideally situated within walking distance of the highly regarded Riddlesdown Collegiate.
Offering excellent scope to extend (Subject to Planning Permission), the property boasts a superb layout, a private rear garden with elevated views, a garage, and a spacious driveway providing off-street parking for up to three cars.
Positioned within 0.9 miles of three mainline train stations, this home is perfect for commuters and growing families alike.
The ground floor welcomes you through a bright entrance hall with handy under-stairs storage, leading into two distinct reception spaces.
To the front is a dedicated dining room centered around a feature fireplace with a gas fire, while the rear lounge offers a relaxing setting with a second feature fireplace and sliding double-glazed doors that open directly onto the garden.
Adjoining the living space is a fully tiled kitchen fitted with comprehensive wall and base units, a built-in oven and electric hob, and dedicated plumbing for both a washing machine and a dishwasher, with a double-glazed door providing additional access to the outside.
Upstairs, the first-floor landing features a side-aspect window and access to a generous loft storage room that offers clear potential for a full bedroom conversion.
The sleeping accommodation consists of a large master bedroom, a second double bedroom, and a third bedroom complete with a unique double-glazed corner window.
The fully tiled bathroom comes equipped with a 'P' shaped bath, wall-mounted shower, and vanity wash basin, alongside a separate, adjacent WC.
The private, beautifully maintained rear garden is arranged across thoughtfully tiered levels.
Directly off the back of the house sits a spacious, paved stone patio area complete with an outside tap and ample room for outdoor dining furniture, with steps leading up to a large, central lawn bordered by mature hedges, trees, and established flower beds.
At the very top of the garden is an elevated, timber-decked entertainment area sheltered by a large wooden pergola.
This peaceful seating spot enjoys panoramic, elevated views across the Riddlesdown landscape.
The garden is fully enclosed by wooden panel fencing and includes a secure side gate providing direct access to the front driveway.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have an offer accepted on a property you wish to buy.
The cost of these checks is £35 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale directly to Lifetime Legal, and is non-refundable.
Derwent Drive offers a wonderful blend of suburban tranquillity with excellent accessibility.
The property is conveniently located near a range of highly regarded local schools, making it ideal for families.
Nearby parks and green spaces provide plenty of opportunities for outdoor activities and leisure.
Residents will also appreciate the close proximity to an array of local shops, cafes, and amenities that cater to everyday needs.
For commuters, both Riddlesdown and Sanderstead railway stations are within easy reach, providing fast and frequent services into Central London, making this an excellent location for professionals working in the city.
Additionally, well-connected road networks give quick access to surrounding towns and the wider London area.
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
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 advisors 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 Derwent Drive, Riddlesdown, CR8 1ES
Explore nearby