2-bedroom flat · CR8 3EN
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Super 2 bedroom 1st floor front facing retirement apartment. It is a condition of purchase that residents be over the age of 60 years old.
Forming part of the Exclusive Reynard Court Development this apartment has been lovingly looked after by current owner who is now moving to be closer to daughter.
Accommodation:- Security Entry phone system, Communal Lounge, Managers Office, Lifts to all floors and internal staircases to all floors.
Own Entrance hallway, Lounge/Diner with patio door to oriel bay, Kitchen with fitted integrated appliances, Two good sized bedrooms, internal modern Shower room/WC. Storage.
Outside and on the 2nd floor is access to communal grounds with fantastic seating area, gardens and views. The flat holds a parking permits to park in communal area to front.
There is a guest suite available for £20.00 per night. Reynard Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 38 properties arranged over 4 floors each served by lift.
The House Manager can be contacted from various points within each property in the case of an emergency.
For periods when the House Manager is off duty there is a 24 hour emergency Careline response system.
Camera Entry System Communal Communal Laundry Room Located in the heart of Purley Town, a bustling high street with an array of shops, Restaurants.
Local bus routes and Purley train station offers easy travel to other areas.
Entrance Hallway (19'2 x 4'7) Kitchen (7'3 x 7'0) Lounge (21'4 x 10'1) Shower Room (7'0 x 5'5) Bedroom 1 (14'4 x 8'6) Bedroom 2 (13'1 x 8'7) Communal Gardens Communal Parking Communal Facilities
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 Flat 15 Reynard Court, Foxley Lane, Purley
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