2-bedroom flat · CR0 9JE
For saleListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description No chain, new 175 year lease on completion, Webbs are pleased to offer to the market this two double bedroom split level maisonette with garage en-bloc.
Situated in the popular development of Forestdale, the property is close to local shops, great schools and transport links to East Croydon via bus and tram.
The property does require refurbishment throughout and will give a first time buyer the chance to make the property their home.
Inside the property consists of an entrance hall with stairs leading to the first floor, large lounge with open planned dining area, kitchen, stairs and landing leading to two good sized bedrooms and family bathroom.
In the main bedroom you also benefit from a shower cubical. Viewings are strictly via Webbs Estate Agents.
The property currently has a lease of 85 years and we have been informed by the seller the property will come with a new lease on completion of 175 Years.
Council Tax Band: C (Croydon Council) Tenure: Leasehold (85 years) Ground Rent: £62.5 per year Service Charge: £631.5 per year
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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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 82 Woodpecker Mount, Croydon
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