We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CR5 1BP
Listing removedListed 432 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright, charming two bedroom apartment is now available in Coulsdon through Shared Ownership.
The property on the ground floor comprises an entrance hall, a modern kitchen with a dining area and a WC. On the first floor, there is a living room, two bedrooms and a bathroom.
Outside, there is a private balcony, communal garden and unallocated parking. Perfect for couples and small families. Available for £158,000 for 40% share based on the marketing figure of £395,000.
Monthly rent - £586.45 Monthly Service Charge - £127.15 Total Monthly Charge - £713.60 plus mortgage required for 40% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.
Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location The property sits in a tranquil residential area and is close to Coulsdon's town centre, about two miles away; there's also a closer high street called Coulsdon Road less than a mile away.
In Coulsdon, there are plenty of amenities and two railway stations. The property is also surrounded by green areas, such as the vast Happy Valley, Farthing Downs, and Couldsdon Common.
There are also several schools in the area, many of which are within walking distance.
Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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 Ellis Road, Coulsdon, Surrey, CR5
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