2-bedroom flat · CR5 2BJ
Listing removedListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Available from 25th October; this stylish apartment is situated within the highly sought-after Elston Court, South Drive.
This large apartment is situated on the second floor and benefits from two bedrooms and a private balcony. Along with an allocated parking space at the property.
The accommodation briefly comprises an entrance hall, open-plan kitchen/ reception room with access to the private balcony. Within the kitchen there are integrated appliances.
There are two well proportioned bedrooms and a contemporary family bathroom which benefits from a heated chrome towel rail and underfloor heating.
Within the living room and bedrooms there are three large eave stores perfect for storing your belongings. The property also benefits from Google Nest thermostat smart heating.
Outside, there is a communal garden for your convenience as well as secure bike storage and free on street parking.
Council Tax: Band D EPC: Rating B Example Figures below: Rent: £2000pcm Security Deposit: £2307.69 (5 weeks’ rent) Holding Deposit: £461.53 (1 weeks’ rent) Move in Balance : 1st months’ rent + Security deposit - Holding Deposit.
Location Location- South Drive is a quiet cul-de-sac located in Coulsdon. Coulsdon Town train station is just a short walk from the property and offers an excellent service into London.
Coulsdon South train station is also nearby as well as a number of bus routes which link to Redhill, Purley and Croydon.
There are a number of bars, restaurants and cafe’s all within walking distance of the property, as well as many local shops for your convenience.
Waitrose and Aldi provide two excellent options for food shopping.
Further boasting a good variety of schools - Chipstead Primary School, St Aidan’s rc Primary School, Coulsdon C of E Primary School, Oasis Academy Secondary and Woodcote High School.
If you enjoy being out in the countryside, Farthing Downs is a beautiful spot for those leisurely Sunday afternoon strolls, with over 95 hectares of grassland and natural wildlife.
Parking - Allocated Parking
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
Short-let restrictions apply
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
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FAQ
About Flat 9, Elston Court, Coulsdon
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