Property · CR7 7AJ
To rentReduced £5.5k (−91.7%) on 23 SepListed 96 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to rent a secure 4-space car park situated at Chancellor Court, Ambassador House.
The property consists of a large double garage with a wide access door, comfortably accommodating two vehicles inside , together with two additional forecourt parking spaces directly in front of the garage, allowing parking for up to four vehicles in total .
Rental Terms • Rent: £500 per calendar month • Equivalent to £6,000 per annum • Three months' rent payable in advance • Three months' notice required The garage offers a practical and secure solution for: • Private vehicle parking • Classic or prestige car storage • Van parking • Motorcycle storage • Small business fleet parking • General secure storage (subject to landlord approval) The location provides convenient access to Thornton Heath and the surrounding South London road network, making it ideal for both residential and commercial users.
This is a rare opportunity to secure multiple parking spaces within one self-contained unit.
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
Agent & docs
FAQ
About Chancellor Court, Ambassador House, Bensham Manor Road, Thornton Heath, CR7 7AJ
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