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See how verdicts workStudio flat · CR7 7HU
For saleListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stop the search – this is the one.
A rare opportunity to secure a generously sized top-floor 2-bedroom flat with a private garage, located directly opposite Croydon University Hospital (Mayday) and just moments from transport links, shops, and amenities.
Offered with a brand new lease included on completion, this standout property delivers incredible value for money and is ideal for both first-time buyers and investors seeking strong long-term potential.
The flat is spacious, well laid out, and ready for someone to put their own stamp on it. Whether you're looking for a place to call home or a solid rental property, this ticks all the right boxes.
Key Features: • Two well-proportioned bedrooms • Separate living room • Separate fitted kitchen • Spacious hallway • 3-piece bathroom suite • Private garage included • In need of light cosmetic updating – refer to photos • No onward chain • Brand new lease included in the sale • Keys held – flexible viewings available Lease & Outgoings: • Tenure: Leasehold – new lease to be granted on completion • Ground Rent: £52 per annum • Service Charge: Approx.
£800 per annum • Council Tax Band: B – £1,840.93 for 2024–2025 (London Borough of Croydon) Location Highlights: • Prime position on London Road, opposite Croydon University Hospital • Short walk to Thornton Heath Station (links to Victoria, London Bridge, Clapham Junction) • Excellent local bus connections • Easy access to West Croydon, Central Croydon, and local shopping parades • Close to major supermarkets, restaurants, cafés, and fitness facilities Schools Nearby: • Ecclesbourne Primary School • St James the Great rc Primary & Nursery • Norbury High School for Girls This is a fantastic opportunity to acquire a large, well-positioned flat at an unbeatable price – with the bonus of a garage and a brand new lease.
Whether you're stepping onto the ladder or expanding your portfolio, this property delivers on location, space, and potential. Viewings strictly by appointment – contact us today to arrange.
Disclaimer: All measurements/dimensions (where provided) are approximate and for guidance only.
Mujifat Ltd / mfl cannot take responsibility for any error or misstatement, nor should these particulars be relied upon as a basis for valuation.
References to appliances and/or services do not imply that they are in working order or fit for purpose.
These particulars do not constitute or form part of any offer or contract, and they should not be relied upon as representations of fact.
All interested parties must have their solicitor verify the tenure/lease information, fixtures and fittings, and ensure that all planning and building regulation consents are in order.
In compliance with money laundering regulations, intending buyers will be required to produce identification and documentation at a later stage.
We appreciate your co-operation to ensure there are no delays in agreeing the sale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 5, Terry Lodge, 680, London Road, Thornton Heath
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