2-bedroom flat · CR7 8HY
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £400,000–£425,000 A well-presented and larger than average two bedroom first floor maisonette, benefiting from a generous south-west facing private garden, substantial loft space and a well-maintained building.
The accommodation is arranged across the first floor and offers a bright and comfortable living space throughout.
The property comprises a spacious reception room, providing plenty of room for both relaxing and entertaining, alongside a separate eat-in kitchen fitted with a range of units, a Rangemaster oven and useful bespoke storage.
There are two well-proportioned double bedrooms and a fitted family bathroom, with the overall layout making good use of the available space and natural light.
A notable feature of the property is the demised loft, which spans the full footprint of the maisonette.
This currently provides excellent additional storage and may offer potential for further use or conversion, subject to the necessary consents and permissions.
To the rear is a generous south-west facing private garden, designed to be relatively low maintenance for enjoying afternoon and evenings outside.
The garden provides ample space for outdoor seating, dining and entertaining, with the added benefit of external storage.
Howberry Road is a pleasant, tree-lined residential street within easy reach of Thornton Heath's local shops, amenities and transport connections.
Crystal Palace, with its selection of cafés, restaurants, independent shops and green spaces, is also easily accessible.
With two double bedrooms, generous living accommodation, its own private garden and substantial loft space, the property would suit a range of buyers looking for a well-located home with useful additional space.
Leasehold: 163 years from 11 February 1997 Service Charge: As & When Ground Rent: Peppercorn
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
FAQ
About 74, Howberry Road, Thornton Heath
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