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See how verdicts work1-bedroom flat · CR8 4FN
Listing removedReduced £40k (−13.8%) on 21 JunListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide-Price: £290,000 - £300,000 Located on a highly-sought after road this contemporary one-bedroom property is perfect for anyone who wants their own outdoor space.
The interior features a triple-aspect open-plan kitchen/diner, impressive-size dual-aspect bedroom, modern bathroom, hallway and under-floor heating throughout.
Additional features include own rear courtyard.
Coulsdon South and Coulsdon Town Railway Stations offer swift and easy access to a variety of destinations including London Victoria, London Bridge, Gatwick Airport and Brighton, while the M23/M25 interchange at Hooley provides easy access to the South Coast, Gatwick Airport and the national motorway network.
In addition the surrounding area is widely served by a variety of bus routes.
Local shops include Waitrose and additional supermarkets along with further shopping opportunities and gyms across Croydon, while Coulsdon High Street has a number of popular restaurants.
Local green spaces include the stunning Farthing Downs and Coulsdon Memorial Park in addition to beautiful Surrey Countryside.
There are also a number of golf courses in the local vicinity including Coulsdon Court, Woodcote Park, Chipstead, Surrey Downs, and Kingswood while there are also a number of local sports clubs and leisure facilities.
Hallway The hallway includes a cupboard and smoke alarm.
Lounge Area The triple-aspect lounge area is open-plan with the kitchen and includes a frosted-effect double-glazed window, double-glazed sliding door leading to own courtyard, skylight and smoke alarm.
Kitchen Area The triple-aspect kitchen area is open-plan with the lounge and includes wall & base level units with work surface area, under-mount sink with stainless-steel mixer tap, space for fridge-freezer, oven with concealed extractor hood, integrated microwave and four-ring gas hob.
Bathroom The bathroom includes low-level W.C with dual-flush & concealed cistern, tiled floor, wash-hand basin with stainless-steel mixer tap, tile-enclosed bath with waterfall shower head & shower hose attachment and extractor fan.
Bedroom The triple-aspect bedroom includes two double-glazed windows with shutters, skylight and smoke alarm. Courtyard The courtyard includes a seating area.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Flat 2, Sanctuary Heights, 1 Smitham Downs Road, Purley
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