2-bedroom flat · CR5 3LF
Listing removedListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership from 25% (£91,250) | Full Market Value £365,000 An exceptional opportunity to step onto the property ladder with this beautifully presented two-bedroom first-floor apartment, available to purchase from a 25% shared ownership share at just £91,250, with the option to staircase and purchase up to 100% ownership (full market value £365,000).
Offered with vacant possession and presented in immaculate condition throughout, this spacious apartment is ready for immediate occupation.
Situated on a desirable corner position within the sought-after Cane Hill development, the property enjoys an abundance of natural light thanks to its double-aspect outlook.
A beautiful balcony to enjoy outside space and views.
Key Features: Shared ownership available from 25% (£91,250) Full ownership available at £365,000 Immaculate two-bedroom first-floor apartment Vacant possession – ready to move into Desirable corner position with double-aspect views Prestigious Cane Hill development Close to Coulsdon Town Centre, shops, cafés and restaurants Excellent rail links to London and the South Coast Opportunity to purchase additional shares in the future Keys held – call today to arrange your viewing.
Ideally located just a short distance from Coulsdon Town Centre, residents benefit from a vibrant high street offering an excellent selection of independent shops, cafés, restaurants, and everyday amenities.
Outstanding transport connections to Central London and the South Coast make this an ideal location for commuters and those seeking the perfect balance between town and countryside living.
Whether you're a first-time buyer looking for an affordable way to own a superb home or someone seeking the flexibility to increase your ownership over time, this apartment offers an outstanding opportunity.
Communal Security Entrance Hallway Staircaste To 1st Floor Internal Hallway Further Security Entry Entrance Hallway Kitchen/Living/Dining Room Bedroom Bedroom Bathroom Sizeable Utility Cupboard Parking Space Balcony
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Flat 11 merstham house, 3, Iron Railway Close, Coulsdon
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