2-bedroom flat · CR8 2XT
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Purley on the bustling High Street, this stunning ground floor apartment offers a perfect blend of modern living and convenience.
Spanning an impressive 840 square feet, the property boasts two spacious double bedrooms, making it ideal for couples, small families, or those seeking a comfortable home office space.
As you enter, you are welcomed by a large reception and dining room, which is bathed in natural light, thanks to its generous windows.
The room features a beautiful feature wall that adds character and charm, creating an inviting atmosphere for both relaxation and entertaining.
The underfloor heating in the main bathroom ensures a warm and cosy environment all year round.
The kitchen is well-appointed with integrated appliances, providing both functionality and style for the culinary enthusiast.
The luxury shower room and additional guest cloakroom enhance the convenience of this well-designed apartment.
Step outside onto your good-sized balcony, where you can enjoy a morning coffee or unwind after a long day, all while taking in the vibrant surroundings.
The property is presented in excellent decorative order, allowing you to move in with ease. Location is key, and this apartment does not disappoint.
Just minutes from Purley station, commuting to London and beyond is a breeze.
Additionally, a selection of cafes, bars, and restaurants are within easy reach, offering a variety of dining and social options.
Families will appreciate the highly regarded schools in the vicinity, catering to all ages. This sought-after block of apartments is a rare find, combining modern amenities with a prime location.
Do not miss the opportunity to make this delightful property your new home.
Ground Floor Entrance Hall Cloakroom Kitchen (4.01m x 1.96m (13'2 x 6'5)) Reception/Dining Room (6.32m x 4.34m (20'9 x 14'3)) Bedroom (4.19m x 2.97m (13'9 x 9'9)) Bedroom (4.45m x 2.74m (14'7 x 9'0)) Shower Room Outside Balcony (3.51m x 3.05m (11'6 x 10'0))
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 116, High Street, Purley
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