2-bedroom flat · SE20 8RQ
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £325,000 TO £350,000*** Wonderful period maisonette in this beautiful semi-detached building with two bathrooms, long lease and communal garden, offered chain free.
Set in a sought after location moments from Penge West and Penge East station, Crystal Palace Park and High Street.
Key Terms Double glazing Central heating Well presented Long lease Communal garden Chain free Ample storage Ideal first time purchase Sought after location Moments from Penge West station and Crystal Palace Park Excellent for Penge East station and High Street Owners Comment I have spent may happy years at the flat.
It was perfect for me as there are two bedrooms and two bathrooms, which is also perfect for sharers or when guests are over. It is a very quiet place, set back from the road, in a beautiful building.
It is a good community with good neighbours. The location is amazing! Penge West is literally around the corner making commuting to central London easy.
Crystal Palace Park is a lovely park ideal for brunch at Brown and Green or a weekend stroll.
Entrance Hall Storage cupboard plumbed for washing machine, smart 'Nest' thermostat, wood flooring, concealed radiator Lounge Double glazed window to front, fitted cupboards and shelves, wood flooring, concealed radiator, spotlights, wall light, open plan to: Fitted Kitchen Range of wall and base units, built in oven, hob and extractor, inset stainless steel sink, integrated dishwasher, fridge and freezer Bedroom Double glazed window, two fitted wardrobes, two bedside pendant lights, TV socket, carpet, concealed radiator Bedroom Double glazed window, fitted wardrobe, fitted cupboard, carpet, concealed radiator Ensuite Wet Room Double glazed window, walk in shower with recessed shelf, wash hand basin in vanity unit, low flush wc, heated towel rail, spotlights, extractor fan, tiled floor Bathroom Double glazed window, panelled bath with built in shower over, wash hand basin in vanity unit, low flush wc, heated towel rail, spotlights, extractor fan
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Oakfield Road, London, SE20
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