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See how verdicts workStudio flat · CR0 6JD
No longer listedListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please note the photos were taken at the time of construction in 2015.
A rare opportunity to acquire a modern freehold residential block of 9 self-contained apartments, constructed in 2015 and arranged across a main building and a detached split-level maisonette to the rear.
The development comprises a highly lettable mix of predominantly two-bedroom units, offering strong, diversified income across 9 AST tenancies.
The apartments are well-proportioned with modern open-plan layouts, many benefitting from private outdoor space including balconies and patios, alongside secure gated parking.
Positioned on a quiet residential road within easy reach of Croydon town centre (approx.
3⁄4 mile), the property enjoys excellent connectivity into Central London and continues to see strong tenant demand from professional occupiers.
This is a fully income-producing investment with clear reversionary potential, making it an attractive addition to any residential portfolio. Sale via spv (company share transfer)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
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FAQ
About Kelly Court, 38 Fullerton Road, Croydon
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