2-bedroom flat · CR0 5JQ
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Marriott Vernon present to the market this stunning two bedroom, two bathroom, penthouse apartment with allocated parking, further visitor parking and delightful communal gardens, enviably situated in a desirable and leafy Park Hill location.
Set within the impressive Victorian section of a popular 'self managed' development, the property offers bright and spacious accommodation spanning some 851sqft, flooded with natural light and boasting character appeal and stylish interiors throughout.
Features include a generous 16’ south facing reception room, separate well equipped kitchen, modern bathroom and principal en-suite, gas central heating (recently fitted boiler with 8 year guarantee remaining), double glazing and quality floor coverings.
Accommodation comprises entrance hall leading into the reception room with ample space for both relaxing and dining.
The separate kitchen comprises a range of matching wall and base units with work surfaces incorporating inset sink unit, induction hob with overhead extractor and electric oven below, and integrated fridge freezer and washing machine.
There are two well sized bedrooms, with views over the attractive communal gardens from the principal bedroom, as well as access to a modern en-suite shower room.
A stylish family bathroom completes the generous accommodation.
The property is superbly located within easy reach of East Croydon station with superb connections into Central London as well as to Gatwick and the South Coast.
The Tramlink service also offers excellent links to Wimbledon and Beckenham.
Croydon town centre is just a short distance away offering a huge selection of branded shopping, bars, restaurants and leisure facilities.
For families, the area is well served by wonderful open spaces including nearby Lloyd Park &Park Hill Park, as well as good local schools including Park Hill School.
Viewings are highly recommended.
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
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FAQ
About Flat 7 Thanescroft Court, 21 Selborne Road, Croydon
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