2-bedroom flat · CR0 4UW
Let agreedReduced £50 (−3%) on 9 OctListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious split level maisonette has just come to the Lettings market. Situated in a quiet development just off of the Purley Way, you have a tonne of amenities at your finger tips.
Valley Park is just down the road and has a large Ikea, Vue Cinema, B&Q, more shops and restaurants. The Purley Way has two large supermarkets, a Sainsburys and an Asda.
To get around there is a tram stop near by which will get you into East Croydon station in a jiffy, or you can also go to Beckenham, Wimbledon and more.
This maisonette is particularly special because its covers 2 floors, so it feels much larger than a standard two bedroom apartment.
The lounge is a lovely family room big enough for multiple sofas and a dining table & chairs. The kitchen is seperate and ready to unpack all your utensils in.
Upstairs there are two good sized double bedrooms and the family bathroom which has recently been refurbished. The property also comes with allocated off street parking.
An early viewing is highly advisable. Call us today to book a viewing!
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 154, Franklin Way, Croydon
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