1-bedroom flat · CR2 0FJ
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A beautifully presented first-floor one-bedroom apartment, ideally situated on Purley Downs Road.
Offering modern and stylish accommodation throughout, the property combines spacious open-plan living with excellent storage, a private balcony and attractive views over the surrounding hills.
The property is entered via a welcoming entrance hall, providing useful space for coats and shoes as well as additional storage.
The impressive open-plan kitchen, living and dining room is bright and spacious, featuring a charming bay window and plenty of natural light.
The modern fitted kitchen is finished with sleek quartz worktops and integrated appliances, creating a contemporary and practical space.
The living area enjoys lovely views over the surrounding hills and provides access to the private balcony, offering a pleasant outdoor space to relax and enjoy the outlook.
The well-proportioned bedroom also benefits from attractive hillside views and features built-in wardrobes, providing excellent storage. A modern family bathroom completes the accommodation.
Further benefits include an allocated parking space, while the property's location provides easy access to local amenities and the train station, all within walking distance.
This is a fantastic opportunity to acquire a modern and well-appointed apartment in a convenient and desirable location.
Tenure - Leasehold Lease Length - 94 Years Service Charge - £750 pa Ground Rent - Peppercorn Location - South Croydon is a popular and well-connected residential area, offering an excellent balance of convenient transport links, local amenities and attractive green spaces.
The area is particularly well suited to commuters, with South Croydon Station providing regular services into Central London, including London Bridge and Victoria, while nearby East Croydon offers further fast connections to London and beyond.
The surrounding area provides a good selection of shops, cafés, restaurants, bars and everyday amenities, with Croydon town centre also close by for a wider choice of shopping and leisure facilities.
For those who enjoy the outdoors, South Croydon benefits from a number of parks and open spaces, while the nearby Surrey Hills provide opportunities for walking and enjoying the countryside.
With excellent transport connections, a wide range of amenities and easy access to both London and the surrounding Surrey countryside, South Croydon is an increasingly popular location for professionals, first-time buyers and families alike.
EPC Rating: F
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
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FAQ
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