2-bedroom flat · CR0 1LN
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership Full market value - £410,000 You pay (25%) - £102,500 Monthly Rent - £693.72 Monthly Service Charge - £438.22 Annual Ground Rent - £0 250 year lease commenced in August 2019 (242 years remaining) EWS1 certification is available for this property - A1 rating Enter this well presented, bright and airy apartment via a hallway boasting five separate storage cupboards, including a utility cupboard.
To your right find two generous south facing double bedrooms each with mirror-fronted fitted wardrobes, the master also having benefit of an en-suite shower room.
A contemporary family bathroom serves the second bedroom. The hallway opens into a dual aspect living area, which in turn leads onto an east facing balcony with open views.
The modern kitchen includes fully integrated appliances. This property benefits from a sinking fund.
A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
Just 15 minutes from both central London and Gatwick Airport by train, transport links from L&Q at Queen's Quarter are extensive.
The development is located just moments from East Croydon Station, which enjoys a regular service into London Victoria and London Bridge as well as connecting to The London Overground which travels through New Cross, and up into East London.
When travelling around more locally, residents can hop on London's only tram line which links central and West Croydon to Beckenham, New Addington and Wimbledon via a quick stop at ikea to help furnish their new home.
Queens Quarter is adjacent to Queens Gardens, a popular local park which has undergone significant regeneration as part of the development.
The recently completed community-inspired outside space features manicured lawns, leafy mature trees, bright flower beds and new play areas.
In the local area, find an array of cultural destinations, including Boxpark independent theatre pubs, art cafes, live music, museums and even a board game cafe bar.
Perfect for escaping the hustle and bustle of the capital's streets, nearby Wandle Park is a 21-acre green space complete with a river, bandstand and ornamental garden.
The buyer will require a deposit to obtain a mortgage for this property. To meet the requirements for this property we require as a guideline, a minimum household income of £59,310.
If you are offered the property, your ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes.
If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract.
The descriptions and all other information are believed to be correct as of August 2026.
Local Area Information Just 15 minutes from both central London and Gatwick Airport by train, transport links from L&Q at Queen's Quarter are extensive.
The development is located just moments from East Croydon Station, which enjoys a regular service into London Victoria and London Bridge as well as connecting to The London Overground which travels through New Cross, and up into East London.
When travelling around more locally, residents can hop on London's only tram line which links central and West Croydon to Beckenham, New Addington and Wimbledon via a quick stop at ikea to help furnish their new home.
Queens Quarter is adjacent to Queens Gardens, a popular local park which has undergone significant regeneration as part of the development.
The recently completed community-inspired outside space features manicured lawns, leafy mature trees, bright flower beds and new play areas.
In the local area, find an array of cultural destinations, including Boxpark independent theatre pubs, art cafes, live music, museums and even a board game cafe bar.
Perfect for escaping the hustle and bustle of the capital's streets, nearby Wandle Park is a 21-acre green space complete with a river, bandstand and ornamental garden.
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
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FAQ
About 3 Fell Road, Croydon
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