Studio flat · CR0 1NN
Let agreedListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
8 weeks rent free! Brand new, all-inclusive studio and 1-bedroom apartments at Altura 50: Croydon.
Enjoy modern rental living in a landmark building with extensive on-site amenities, including co-working spaces, gym, lounge, cinema, dining areas, and more.
Choose from Cosy, Comfy or Roomy studios, or a 1-bedroom apartment, all with stylish interior options.
Residents benefit from a 24/7 on-site team and access to shared spaces designed for work, relaxation and socialising.
Ideally located moments from East Croydon station, with fast links to London Bridge (13 mins) and Victoria (16 mins).
Additional Costs: A £400 monthly package is added to the rent, covering all your utilities, WiFi, and council tax without any seasonal price increases.
Current offer: The Landlord is offering a "Eight Weeks Rent Free" promotion for qualifying tenancies 1 year or longer in term.
How it works: The rent-free period is deducted across the duration of your tenancy, reducing the monthly rent. Offer applies to all tenancies.
Tenants qualifying for the promotion must be able to pass external referencing and complete the signing of the contract. Images are indicative; layouts may vary. Students welcome.
Viewing Tour disclaimer: This advertisement relates to a specific unit at the stated rent.
Where multiple units are available within the same development, you may be shown other apartments during your viewing.
Each unit is marketed at its own advertised rent, which will be clearly confirmed to you before any offer is submitted. We do not accept offers above the advertised rent for any property.
The rent agreed will always be the advertised rent for the selected unit, in accordance with the Renters’ Rights Act.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About A396, Altura, 23 College Road, Croydon, CR0 1NN, London
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