1-bedroom flat · DA14 6HG
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom retirement apartment that sits in a popular development located within easy access of Sidcup High Street, bus stops and the local doctors.
Full description Offered for sale is this well presented one bedroom retirement apartment. The property is well located offering a short walk to Sidcup High Street, bus routes and the local doctors.
The property briefly comprises of: A secure communal entrance and well presented communal areas and lift. The flat has its own private entrance door, hallway, lounge, kitchen, bedroom and shower room.
Externally there are communal grounds, residents parking, two guest suites, day time manager on site, CCTV and centralised alarm call system.
Please note: Buyers must be at least 55 years of age and capable of independent living.
Prospective buyers will be required to have a face to face meeting with the developments Scheme Manager to confirm they meet the eligibility criteria.
Additional information The following information has been supplied by the vendor and should be verified by the purchaser and /or solicitor prior to exchange of contracts.
Lease Duration: 151 years remaining Service/Maintenance Charge: £2829.72 per annum - including water costs, managers costs, building maintenance internal and external, gardening, insurance, lift service and repair, cleaning communal areas, CCTV etc .
Ground Rent: None Council Tax: Band C - £2103.43 please note: Buyers must be at least 55 years of age and capable of independent living.
Prospective buyers will be required to have a face to face meeting with the developments Scheme Manager to confirm they meet the eligibility criteria.
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 23 Glenrose Court, 55, Sidcup Hill, Sidcup
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