We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CR3 0GB
For saleListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** shared ownership opportunity - 75% at £178,000 or 100% at £240,000 ** **No additional rent to be paid by the buyer** **The lease will be returned to 99 years on completion of sale ** Well presented two bedroom second floor purpose built flat with allocated parking, ideally situated moments from Whyteleafe South station and local amenities.
The property, ideal for first time buyers, offers bright and spacious accommodation with modern interiors throughout.
Features include an inviting open plan reception/kitchen with south west facing Juliette style balcony, modern bathroom, secure entry, lift access, gas central heating and double glazing.
Accommodation comprises entrance hall leading into the open plan reception/kitchen with ample space for both relaxing and dining.
The kitchen area comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, gas hob with overhead extractor and electric oven below, and further space for appliances.
There are two well sized double bedrooms, each with inbuilt storage, plus a stylish family bathroom with white three piece suite.
The property is conveniently located close to Whyteleafe South station, with Upper Warlingham and Whyteleafe stations also nearby, all providing excellent fast and frequent links into Central London.
Nearby Caterham and Whyteleafe provide an array of local shops and amenities, and the area is well served by beautiful open spaces and a variety of excellent local schools.
The A22 offers good vehicular access to the M25 at Junction 6. ** To book a Viewing it's simple, just visit the Purplebricks website or download our App. Hit the viewing request button 24 hours a day.
Viewings can also be booked and confirmed instantly 24/7, just click on the full details, click on the Brochure Tab at the bottom of this Advert, and hit the viewing button ** Property Ownership Information Tenure Shared ownership Council Tax Band C Percentage Share Owned 75% Additional Monthly Rent No additional monthly rent Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £2,568.12 Service Charge Review Period No review period Lease End Date 27/10/2105 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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
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FAQ
About Flat 14/Ethelred Court, Godstone Road, Whyteleafe
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