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See how verdicts work2-bedroom flat · CR8 5EB
For saleReduced £10k (−3.8%) on 21 JunListed 450 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2-bedroom flat on Hermitage Road in Kenley provides a practical living space for those seeking a comfortable home at an affordable price.
The property includes a single garage and access to communal parking, making it convenient for vehicle owners.
With a leasehold tenure, this flat covers a build area of 79m2, offering ample space for living and entertaining.
The flat features a balcony, providing an outdoor space to enjoy some fresh air without leaving home.
This feature adds to the appeal of the property, offering an additional area to relax or entertain guests.
The layout includes one bathroom, catering to the needs of a small family or couple looking for a manageable space.
Kenley is well-connected with local amenities and public transport options, making it an attractive location for commuters.
The area is known for its community feel and offers various facilities such as parks and local shops.
This property is an excellent opportunity for first-time buyers or investors looking for a property in a sought-after location.
Act quickly to secure this flat in Kenley, as properties in this price range are in high demand
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3, 38, Hermitage Road, Croydon
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