1-bedroom flat · CR0 5BX
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Own 100% of your home for 20% less! Discounted starting prices from £199,999 at Addiscombe Grove CR0. Benefit from a fully installed furniture pack!
All homes will benefit from access to a 9th floor landscaped Social Garden, 20th floor Nordic Garden and 21st floor Hidden Garden - all with fantastic views over south London - as well as a residents' lounge, a co-working space and a wellness room, all equipped with Hyperoptic Wi-Fi.
Addiscombe Grove CR0 is located just a two minute walk from East Croydon station, providing speedy transport links into central London as well as links across south London via the Tramlink service.
EPC: B rating Council tax: Band C Pocket homes at Addiscombe Grove are sold at a 20% discount to people who meet the following eligibility criteria: Must be a first time buyer, earn below £90,000 annually, and live or work in London.
When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria and subletting is only permitted in extenuating circumstances - see brochure for further details.
Addiscombe Grove CR0 is a car-free development (apart from the designated parking spaces provided for blue badge holders) and homeowners cannot apply for a residents' permit.
These homes come with a 122-year lease and with a peppercorn ground rent. A Residents Management Company (RMC) has been formed by homeowners at Addiscombe Grove.
A communal boiler delivers heating and hot water; each resident is billed according to their own controlled usage and cannot change gas suppliers.
Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service - please refer to Ofcom Checker for mobile phone/broadband coverage in the local area.
There is no commercial premises based on-site. Images are of a typical Pocket home.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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 Addiscombe Grove, Croydon, CR0 5BX
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