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See how verdicts work1-bedroom house · BR6 8NE
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within peaceful, beautifully maintained gardens, Bishop Estates are delighted to offer this spacious and bright one-bedroom first-floor retirement apartment (47sqm), available with no forward chain and exclusively for the over-60s.
The property benefits from double-glazed windows, fitted carpets throughout, and a well-appointed kitchen featuring a double oven, hob, dishwasher, and fridge freezer.
Entryphone door system and Carline system. There is also a keysafe fitted on the outside wall of the property.
The property benefits from a resident warden, substantial communal reception room, kitchen and laundry room and well maintained and attractive communal gardens with resident and visitors parking.
Further benefits include an extended lease with approximately 175 years remaining.
Location Located within walking distance to Locksbottom shops with its supermarkets, hospital and abundance of buses to Orpington and Bromley. Easy acces to M25.Extensive lease of 175 years remaining.
Just a short bus ride to Orpington mainline station with its fast service into Londons mainline stations.
Ground Rent £150.00 per annum Service charge £255.00 per month Ground Floor Communal Entrance Entered via a well looked after entrance doors.
Kept very clean with access to Managers office, Lounge room and laundry room. Very clean area with access to 2 lifts or stairs to all floors.
Outside keysafe Communal Lounge Great room with ample seating and double glazed doors opening onto beautiful gardens.
Managers Office Manager in situ Monday to Friday 9am to 5pm Laundry Seperate laundry room with free use of 2 washing machines and 2 tumble dryers.
Communal Gardens A very well maintained and cut back gardens, paved patio with seating area.
Extensive lawn areas with well established trees and bushes Guest Room The is a guest room which family members can book and pay to stay in if visiting.
First Floor Reception Room (5.13m x 3.25m) Bright and sunny room with electric fire and surround. Fitted carpet, electric wall mounted electric storage heater. Double glazed window.
Comunal sky digital available. Internal Hallway Wall mounted entry phone system. Careline system. Fitted carpet. Wall mounted electric storage heater.
Large storage cupboard housing meters and fuse board. Bedroom (4.29m x 2.95m) Double sized wardrobes with sliding doors, double glazed window to rear of the building. Fitted carpet.
Wall mounted electric storage heater. Shower Room (2.03m x 1.83m) White suite comprising double sized shower tray, low level w.c. Wash hand basin with vanity unit under.
Large built in cupboard/airing cupboard Kitchen (3.30m x 2.06m) Range of fitted wall and floor units with worktops over. Stainless steel sink with mixer taps. Fridge freezer, Zanussi dishwasher.
Double eye level built in oven and 4 ring ceramic hob.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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