1-bedroom flat · CR7 8RL
For saleReduced £10k (−4.2%) on 8 OctListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oaks Estate Agents welcome to the market this one bedroom first floor one bedroom garden flat in Thornton Heath.
On the doorstep of South Norwood too, this spacious chain free property benefits from an impressive 594 sq. Ft.
Of living space and briefly comprises; one double bedroom, big reception room, bathroom suite with walk in shower, kitchen and direct access to your own private garden.
Gillet Road enjoys a convenient position within easy reach of a wide range of local amenities.
Thornton Heath High Street offers an excellent selection of supermarkets, independent shops, cafés, restaurants, and everyday conveniences, while the larger retail and leisure facilities of Croydon Town Centre are just a short journey away.
Residents also benefit from nearby fitness facilities, healthcare services and leisure amenities, creating an ideal setting for modern living.
Thornton Heath station is only a 5-minute walk away and provides regular services to Central London, with connections to London Victoria and London Bridge in approximately 30 minutes, while additional rail services are available from nearby Selhurst and Norwood Junction stations.
A number of local bus routes also serve the area, offering excellent connectivity across Croydon, South London and beyond.
Grangewood Park, South Norwood Recreation Ground and Thornton Heath Recreation Ground.
These popular parks provide walking routes, open green spaces, playgrounds and sports facilities, making them ideal for families, dog walkers and those seeking an active lifestyle making the location particularly attractive to families.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
FAQ
About 39, Gillet Road, Surrey
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