We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CR0 2SU
SoldListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY AUCTION: To be sold by public auction on the owner's instructions. A vacant, leasehold (110 years), mid-floor, two-bedroom apartment with a balcony and an approximate extent of 721 SQFT.
Located in Croydon, London and ideal for investors. Leasehold tenure of 126 years from 25 February 2011 with a biannual service and ground rent charge of approximately £2,500.
To be sold via online bidding on Friday, 23 January 2026.
Auctioneers comments: 'An ideal investment located in a dense area of London which would be very easy to let and cash flow.' Auction date The property is to be sold by public auction on Friday, 23 January 2026, via a 2-hour online bidding window Description Two bedrooms, Mid-floor, 721 SQFT, vacant, leasehold, balcony Location Croydon, London, 1.3 miles to East Croydon Rail Station, 0.6 miles to West Croydon Rail Station Accommodation Mid-floor: two bedrooms, bathroom Outside Balcony EPC rating B Tenure Leasehold with vacant possession 125 years from 25 February 2011 Approximate biannual service and ground rent charge of £2,500 Local authority and council tax band London Borough of Croydon Council tax band: D Pre-auction bids To make a pre-auction bid, you must be an approved bidder.
Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid.
The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable.
Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min.
fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT.
Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 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

FAQ
About Flat 14, 386 London Road, Croydon, London, CR0 2SU
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