1-bedroom flat · CR0 5PH
To rentListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Homera is pleased to present this exceptionally spacious top-floor studio apartment, offering far more living space than a typical studio and ideally positioned for excellent transport connections.
The property features a bright and generously proportioned open-plan living and sleeping area, with attractive sloping ceilings giving the apartment character while still providing ample room for separate lounge, dining and sleeping zones.
A fitted kitchen is positioned just off the main living area and includes a range of wall and base units, worktop space and integrated cooking facilities.
There is also a separate shower room with a skylight, allowing plenty of natural light.
One of the apartment’s most useful features is the additional separate room, which would work perfectly as a home office, study, dressing room or walk-in wardrobe.
The property also benefits from extensive eaves storage, making excellent use of the top-floor layout.
Grovelands Court is conveniently situated on Addiscombe Road, within easy reach of East Croydon Station, offering fast and frequent services to London Bridge, London Victoria, Gatwick Airport and Brighton.
Lebanon Road tram stop is also nearby, providing convenient connections across Croydon and towards Wimbledon and Beckenham Junction.
Croydon town centre, Boxpark, local shops, supermarkets, cafés and restaurants are all easily accessible, while nearby parks and green spaces provide a welcome escape from the town centre.
This unusually large studio would make an excellent home for a professional individual or couple seeking generous living space, useful additional accommodation and excellent commuter connections.
EPC Rating: D Studio Area Open Plan, living and kitchen area, also bedroom area. Bedroom/Wardrobe Small Bedroom, Office space or Walking in wardrobe area.
Bathroom Bathroom, Has a shower cubical with Electric Power Shower. Parking - Off Street None Allocated off street parking for one car
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.
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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 8, Grovelands Court, Croydon
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