1-bedroom flat
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a fabulous first floor one bedroom conversion flat situated close to bus routes and within a few minutes walk of Norwood Junction mainline railway station.
The flat was refurbished throughout just a few years ago so it has a modern fitted kitchen, new bathroom and it has been redecorated throughout and has new laminate flooring and carpet.
The flat is accessed via a communal entrance hall with stairs to the first floor and the private entrance to the flat.
Inside the flat, the hallway connects all the rooms with the large lounge/diner to the front of the building.
The kitchen is superbly fitted with a range white gloss wall and base units with a charcoal worktop set off against turquoise tiling.
There is a new fridge/freezer and an integrated free standing electric cooker.
Both the bedroom and the bathroom are spacious and the stylish bathroom has a newly installed suite with a shower run from the gas boiler which also runs the central heating.
The flat is also fully double glazed.
Don't be disappointed - call now to arrange your viewing appointment Full Description ACCOMMODATIONCommunal Entrance: Entry phone, hardwood front door, hall with stairs to first floor and Private Entrance: Hardwood front doorEntrance Hall: 12.7 x 3.0 carpeted Lounge/diner: 13.7 x 13.2 carpeted, ceiling rose, open access to Kitchen: 8.1 x 7.2 range of modern fully fitted wall and base units, stainless steel inset sink/drainer unit with mixer taps, split level oven with gas hob and extractor fan, fridge freezer, vinyl flooring, part tiled wallsBedroom: 15.1 x 10.7 carpeted Bathroom: 7.7 x 6.11 modern suite comprising panelled bath, pedestal hand basin, combined low level WC suite, part tiled walls, vinyl flooring special FEATURESGas central heatingUpvc double-glazing throughout
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Penge Road, London
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