1-bedroom flat · CR2 0LY
For saleReduced £5k (−2.4%) on 6 OctListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain! A second floorBALCONY flat with a leafy outlook just moments away from Sanderstead station and 0.3 miles to Purley Oaks station!
With an EPC rating of B, this double glazed and gas centrally heated flat has approx 105 years remaining on the lease and would make either an ideal buy to let or a first time buy.
The property briefly comprises an entrance hall, large reception room with doors to a south east facing balcony, separate fitted kitchen, double bedroom with built in wardrobes and a bathroom.
No chain! Council Tax Band C. Balcony A large balcony with a south easterly aspect.
Kitchen Fitted with a range of wall and base units with under unit lighting laminate work surfaces, stainless steel sink with mixer tap, integrated gas hob, electric oven, space and plumbing for washing machine, space for fridge freezer.
Wall mounted cupboard housing Vaillant combi boiler. Bedroom Double bedroom with fitted wardrobes, double glazed window to the rear and radiator.
Bathroom Panel bath with mixer tap and shower attachment, pedestal wash hand basin, low level WC, extractor fan, laminate floor.
Parking There is no allocated parking space within the building for this specific flat however we understand that currently an annual permit for Sanderstead Road car park which is in front of the building can be obtained at a discounted rate for Vantage Point residents.
The amount of discount depends on the emissions of the vehicle.
As from April 2026 Croydon Council's website shows that an annual permit will cost: Band 1: Less than 1 CO2 emissions (g/km) £108 Band 2: 1-90 CO2 emissions (g/km) £248 Band 3: 91-130 CO2 emissions (g/km) £396 Band 4: 131-190 CO2 emissions (g/km) £495 Band 5: 191 or more CO2 emissions (g/km) £619 Lease Information 125 years from 1 January 2006 (approx 105 years remaining) Service Charges / Ground Rent.
The vendor informs us that they currently pay £254 per month for service charges This will need confirming via a solicitor prior to purchase. £200 Ground Rent
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
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FAQ
About 12, Vantage Point, South Croydon
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