1-bedroom flat · CR0 1JS
For saleReduced £10k (−4%) on 13 OctListed 61 days
Opportunity summary
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About
Tenure: Leasehold ***Vendor's comments*** "When we first viewed our flat, we knew it was an exception in the area because of its large, bright rooms, separate kitchen, enormous living space and incredible location.
As you walk in, you're greeted by a staircase and a stunning period bannister, which leads to the landing and the four very well-proportioned rooms.
We've absolutely loved living here and have raised a small child, a dog and two cats very happily; the space has come in very handy.
Having access to a shared garden, which only we really use, has been a major plus.
The location has been perfect; 10 minutes from East Croydon station and the High Street and only 40 minutes into Central London.
It's also very close to various parks and an easy train trip or drive to some beautiful natural areas in Surrey, which we've used extensively.
My wife loves to cook, so having a big separate kitchen was a must and that's quite difficult to find in one-bed flats.
The kitchen is bright and beautiful, with loads of cupboards, acres of wooden counters and a spot for a dishwasher, which we put in.
In 2017 we also installed a new boiler, a new shower and a living room TV/bookshelf unit, but have otherwise not needed to do any work to the place.
The building itself needed refurbishment when we moved in, but that has mostly been completed and it now feels like a brand new house, but with plenty of period property charm.
The bathroom makes the flat a rare find, having both a bath and a shower and its window - something you don't see a lot in flats in period buildings!
Being a loft conversion gives the rooms a cosy feel, with them being very spacious and airy.
The bedroom, kitchen and living room all share the characteristic slanted dormers, which we loved at first sight.
The living room is the centre-piece of the flat with enormous floor space, a few nooks and crannies and lots of possibilities.
We've set it up in turn as an open-plan lounge and a smaller living room with a home office tucked away under the dormer.
Our flat has been the perfect home to start a family, being quiet and spacious but conveniently close to the busy high street.
We love Croydon's pubs and shops, the Ludoquist Board Game café, as well as, all the places to take children and dogs nearby.
We're ready to expand our family, so we're looking for a place with some more rooms and a larger garden.
We have recently moved abroad and have rented out the flat, I could not believe how quickly we found tenants.
We miss our first home and wish the new owner all the best in the future." EPC Rating: D Reception Room/ Dining Room Dimensions: 17' 11" x 15' 2" (5.46m x 4.62m).
Kitchen Dimensions: 12' 5" x 10' 11" (3.78m x 3.33m). Bedroom Dimensions: 14' 8" x 11' 4" (4.47m x 3.45m).
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.
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FAQ
About Flat 4, 5 Woodstock Road, Croydon
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