Below Market Value Property FOR SALE in Norwood, Greater London

Property Description

20% Below Market Value Freehold Block – 11 Flats Investment Opportunity in SE25
An outstanding opportunity to acquire a freehold block of 11 residential units in the well-established SE25 postcode, offered at approximately 20% below market value, presenting immediate equity uplift and strong income potential.
The asset comprises a mix of one- and two-bedroom apartments, catering to a broad tenant demographic and ensuring consistent rental demand. Currently producing £123,600 per annum, the property already delivers a solid income stream, with clear scope to enhance returns through strategic rental increases and active asset management.
Positioned within South East London, the location benefits from strong connectivity into Central London via Norwood Junction and surrounding transport links, making it attractive to commuters and long-term tenants alike.
This is a rare value-driven investment, combining discounted acquisition, stable income, and a clear pathway to increased yield.
Size / Area
Approx. 7,000 – 10,000 sq ft combined (estimated)
Sale or Rent
For Sale
Price
£1,875,000
Market Value: £2,350,000
Key Features
Freehold block of 11 flats
Approx. 7,000 – 10,000 sq ft
5 × 1-bed and 3 × 2-bed units (plus additional units)
£10,300 PCM current income
£123,600 annual income
~6.5% current yield
Potential to achieve ~9% yield
20% below market value
Strong rental demand location (SE25)
Asset management and rental uplift potential
Suitable for cash or bridging buyers
Location Description
SE25 (South Norwood) is a well-connected South East London location, offering direct rail links into Central London, alongside a growing residential community. The area provides a mix of green spaces, local amenities, and affordability relative to central zones, supporting sustained tenant demand.
Investment Angle
This asset presents a compelling three-layer investment case:
Immediate equity gain (~£475,000 discount to market value)
Stable existing income (£123K+ per annum)
Clear upside to ~9% yield through rental growth
Freehold blocks in London with this level of discount and scalability are increasingly rare, particularly those offering both income security and value-add potential.
For access to the interactive walkthrough, tenancy schedule, and full financial breakdown, contact Fraser Bond today.
Short exchange and completion available – serious cash or bridging buyers only.