3-bedroom flat · CR8 1AL
For saleReduced £10k (−2.1%) on 21 JunListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lower Ground Floor - Three Bedroom Modern Flat With Two Outside Spaces - chain free Frost Estate Agents are delighted to offer this generous 1,080 sq/ft lower ground floor apartment with the benefit of two outside spaces, this three bedroom apartment features generous room sizes, two fully tiled bathrooms, gas central heating, double glazing and Residents Parking.
From the entrance hallway you access all the bedrooms, family bathroom and living space.
The 32ft open plan reception and kitchen is unusually large, and leads to the rear facing terrace, which can also be accessed by one of the double bedrooms.
Both the principal and second bedroom lead to the front facing private patio.
The kitchen has a range of appliances including, dishwasher, fridge freezer, oven & hob, washing machine and extractor hood, all complemented with stone worktops.
The property is conveniently located for Purley mainline station (approx. 6-8 min walk) where you can choose Victoria or London Bridge as direct destinations.
The Thameslink Route provides access to Farringdon and the City – all around 30 minutes’ travel time. Trains from central London also run throughout the night for ultra-convenience.
Gatwick airport is just 26 minutes in the opposite direction. Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25.
Purley’s town centre offers an excellent choice of shops, bars, cafes and restaurants, all a short walk from Selcroft Road.
If you’re feeling active there are a number of local health and leisure clubs to choose from, whilst excellent golf courses, recreation grounds and other open spaces are all close by including Riddlesdown common which is only 0.5 mile away.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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 Flat 2, 63 Selcroft Road, Purley
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