1-bedroom flat · CR2 9LH
Sold STCReduced £34k (−14.5%) on 17 AugListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***newly refurbished***chain free***own entrance*** This newly refurbished spacious apartment occupies 53.8msq and is located over a shop within the popular Sanderstead village location, perfect for local shop, cafes, and transport links.
Comprises one double bedroom with ample storage space and a spacious open plan lounge dining room 21’5, plus a modern fitted kitchen and shower room.
Features light and airy décor and wood flooring as well as double glazing and gas fired central heating. New lease term of 125 years. EPC Band B. Offered to the market with no onward chain.
Cranleigh Close is located off Cranleigh Gardens by Sanderstead parade of shops being within reach of All Saints Church, The Gruffy and village pond together with Waitrose, both Gresham and Atwood schools, a choice of tennis, cricket and golf clubs, churches, walks in Kings Wood and recreation park and bus services to Warlingham, Croydon, Purley and Selsdon.
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
Agent & docs
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FAQ
About 33A,, Cranleigh Close, South Croydon
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