2-bedroom bungalow · CR8 3NB
Listing removedReduced £25k (−5%) on 11 SepListed 445 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*****priced to sell***** detached - new home - gardens to three sides - outside lighting - parking space - prime location - superb "A" grade EPC keeping running costs down - must sell Frost Estate Agents are delighted to bring to the market this individual and unique detached new build bungalow, found just off Foxley Lane in Purley, finished to a high standard and sitting in landscaped gardens.
Two Double Bedrooms - Open Plan Living - Delightful Bathroom - Underfloor Heating - Allocated Parking Space - Solar Panels - Now Ready For Occupation.
The town of Purley and its train station is on the main London-to-Brighton railway line, you can reach London Bridge within 25 mins, London Victoria in approximately 23 mins and Farringdon in approximately 30 mins.
The A23 road heads right into the capital, the M25 and M23 are less than six miles away and there’s easy access to Gatwick and Heathrow airports.
The protected landscapes of Farthing Downs and the connecting extensive common land at Happy Valley offer some of the best walking to the south of London, Kenley Common and the Aerodrome is also close by which offer further outstanding recreational facilities.
Purley, and the surrounding area also have a host of renowned schools for all ages, hosting a great selection of both state, grammar and private schools.
Being close to Purley, Coulsdon, Banstead and Wallington town centres, provides a wide range of choice when it comes to independent shops, cafes and supermarkets, including Tesco Extra, Marks and Spencer's, Aldi and Waitrose to name a few.
The Purley Way is accessible with is large superstores & retail outlets and Croydon town centre offers further facilities, amenities & entertainment.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About 118b, Foxley Lane, Purley
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