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See how verdicts work1-bedroom flat · CR7 7AB
For saleReduced £10k (−5.3%) on 3 OctListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freshly redecorated and professionally deep-cleaned one-bedroom second-floor flat (no lift) in a secure development with gated parking and easy access to Thornton Heath station and local amenities.
The flat offers a bright reception room, separate fitted kitchen, double bedroom and bathroom. Vacant possession – viewings are easy to arrange.
Short lease (approximately 57 years remaining) – therefore cash buyers/investors only. Service charge £115 pcm and ground rent £50 pcm.
Lease extension cost is an indicative estimate in the region of £30,000 (for guidance only); purchasers should make their own enquiries/valuation.
Ideal for a buyer looking for a well-presented flat with parking, priced to reflect the short lease and scope for longer-term enhancement.
The apartment is situated on the 2nd floor of the building, so you'll enjoy lovely views and plenty of natural light.
Please note that there is no lift access, so this property may not be suitable for those with mobility issues. The gated parking ensures that your vehicle is secure and easily accessible.
The sales for this property is currently set at £189,950.00 to reflect it has a short lease of 57 years and will ideal for a cash buyer.
Freshly redecorated and professionally deep-cleaned one-bedroom second-floor flat (no lift) in a secure development with gated parking, close to Thornton Heath station and local amenities.
Offered with vacant possession. The flat provides a bright reception room, separate fitted kitchen, double bedroom and bathroom. Being on the second floor, it benefits from good natural light.
Ideal for a cash buyer seeking a well-presented flat with parking and strong commuter access.
Overall, this 2nd floor apartment in Thornton Heath offers comfortable living in a convenient location, with plenty of amenities and activities nearby.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Copy of Flat 12, Thornton Heath
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