2-bedroom flat · CR0 5SN
For saleReduced £15k (−5.8%) on 30 SepListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Marriott Vernon present to the market this fantastic two bedroom apartment with private balcony overlooking beautiful communal gardens and private underground parking bay, set within a superb development close to excellent transport links and amenities.
Ideally located within a short walk of Lloyd Park, the property offers bright and spacious accommodation, well maintained throughout, yet offering additional scope to update and modernise.
Features include an inviting reception room, well equipped kitchen, family bathroom, gas central heating, double glazing and ample inbuilt storage.
The communal gardens provide a haven for peace and tranquillity, with areas of lawn and patio providing plenty of spaces for seating, and landscaped areas featuring a large ornamental pond, water features, and mature planting.
Accommodation comprises entrance hall with inbuilt storage, leading into the reception room with access onto the delightful private balcony, and ample space for relaxing, entertaining and dining.
The separate kitchen comprises a range of matching wall and base units with work surfaces, incorporating inset sink unit, gas hob with overhead extractor, wall mounted electric oven, and further space for appliances.
There are two well sized double bedrooms, each with inbuilt storage, plus a family bathroom.
The property is superbly located within easy access of Tramlink from Lloyd Park, as well as South Croydon station, providing convenient links into East Croydon mainline station, Central London and the surrounding area.
Regular bus routes also service nearby Croydon town centre with its array of shops and amenities, as well as leisure facilities including a cinema complex.
South Croydon's 'Restaurant Quarter' is within easy reach, as well as excellent local schools.
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
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FAQ
About 13, Campion Close, Croydon
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