1-bedroom flat · CR8 5FJ
For saleListed 24 days
Opportunity summary
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About
An opportunity to purchase 35% of this very well presented ground floor apartment situated within this sought after modern development that was built in 2019.
This spacious one double bedroom apartment benefits from having direct access its own private patio and comprises a bright and spacious open plan 26ft lounge/diner with direct access to the private patio area plus a modern fully integrated closed plan kitchen.
The double bedroom is situated at the end of the hallway with the modern luxurious fully tiled bathroom with a three piece suite.
For additional outside space, there is a communal roof terrace ideal for alfresco entertaining during the summer months with views over Riddlesdown Common.
The property further benefits from allocated parking, secure entry phone system and a long lease. Offered to the market with no onward chain.
Rent payable £546.32 The property is situated close to local transport links including Whyteleafe, Upper Warlingham and Kenley stations as well as the 407 bus that runs past the development to Purley, Caterham and Croydon.
Whyteleafe Village offers a variety of local shops, schools, pubs and restaurants as well as open parkland and the nearby Riddlesdown Common.
There is a wider selection of facilities in the nearby towns of Caterham and Purley. There are regular commuter trains to both Victoria in 30 mins and London Bridge taking approx 40 mins.
Caterham is approximately two miles south and offers a range of shops including a choice of supermarkets including Waitrose, Lidl and Morrisons.
Kenley Aerodrome and Common are also nearby and provide miles of open space and country walks.
There are further leisure amenities locally including a number of golf clubs, sports clubs and gyms including the de Stafford sports centre in Caterham. The M25 is accessed at J6 Godstone.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Old Barn Lane, Kenley, Surrey, CR8
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