Characterful one-bedroom with strong rental potential near Crystal Palace Park.
First-floor Victorian conversion with high ceilings and natural light
Set within a grand yellow-brick Victorian villa on Anerley Park, this bright first-floor one-bedroom conversion offers characterful proportions and high ceilings across approximately 436 sq ft. Large windows flood the reception with natural light and the layout separates living and kitchen spaces, creating clear renovation potential for rental or resale improvement.
The flat is offered chain-free and currently shows a gross rental yield around 6.9%, which will appeal to buy-to-let purchasers. Important to note: the property is leasehold with only c.56–57 years remaining. Many mortgage lenders restrict lending on short leases, which will limit buyer options and may require a cash purchase or a lease-extension plan. The apartment also requires modernisation throughout, and the service charge is approximately £1,700 per annum.
Situated close to Crystal Palace Park with multiple nearby stations (Anerley, Penge West, Crystal Palace), the location benefits from good transport links, local cafés and amenities. The area is inner-city cosmopolitan but has above-average crime and pockets of deprivation, which prospective buyers and investors should factor into rental expectations or renovation budgets. This property is a straightforward project for someone prepared to renovate and address the lease position.
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