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See how verdicts workStudio flat · CR2 9HL
Sold STCListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available studio apartment within walking distance of Riddlesdown railway station and in close proximity to Purley town centre and Purley railway station.
This well presented studio offers a bright and spacious living area featuring a pull down double bed and generous built in storage cupboards, allowing flexible day to night use of the space.
There is a separate fully fitted kitchen complete with appliances and direct access to the communal grounds, as well as a bathroom with a shower over the bath.
This studio apartment presents a wonderful opportunity for first-time buyers or those looking to downsize. With its appealing location and practical layout, it is sure to attract interest.
Do not miss the chance to make this charming property your new home. Share of Freehold with 72 years remaining on lease. No Ground rent and £750 annual service charges.
Entrance - Living Room - 3.91m x 4.29m (12'10 x 14'1) - Kitchen - 2.72m x 2.67m (8'11 x 8'9) - Bathroom -
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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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.
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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 Mitchley Avenue, South Croydon
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