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See how verdicts work1-bedroom flat · CR0 0QD
For saleReduced £10k (−5%) on 7 AugListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor flat offered for sale which has been well maintained by the present vendor and close to all local amenities including the tram link with a direct service to East Croydon main line station.
The property has its own private balcony leading off from the lounge, a modern fitted kitchen and benefits from gas heating with a newly fitted combi boiler and being double glazed throughout.
Outside are communal areas of garden and on street parking. The property also benefits from a long lease which has recently been extended.
Situated being accessible to all local amenities including the New Addington parade with comprehensive shopping facilities and a new leisure centre with swimming pool.
Transport links with the local tram which starts from the parade and minutes away with a direct service to Croydon town centre and main line station with a frequent service to London.
The area also provides a good selection of schools both state and independent.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
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FAQ
About 331, Lodge Lane, Croydon
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