1-bedroom flat · SE25 6RR
For saleReduced £10k (−6.3%) on 23 SepListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Claret Gardens, London, this charming ground-floor, one-bedroom purpose-built flat spans an inviting 495 square feet.
Its prime location offers exceptional convenience, being just a stone's throw from Norwood Junction Railway and Overground Station.
This ensures excellent transport links into central London and beyond, making it an ideal choice for commuters.
The property is surrounded by a wealth of local parks, shops, and amenities, providing a vibrant community atmosphere.
Additionally, convenient bus routes further enhance accessibility, ensuring that everything you need is within easy reach.
Offered with no onward chain, this flat presents a fantastic opportunity for first-time buyers eager to make their mark on the property ladder.
It is equally appealing to investors in search of a straightforward rental opportunity, given its prime location and desirable features. Entrance Communal entrance. Entry phone system.
Laminate wood flooring. Airing cupboard. Entrance Hall Front Door. Entry phone handset. Radiator. Reception Room (5.33m x 3.25m (17'6 x 10'8)) UPVC double glazed window to front. Radiator.
Carpet as laid. Kitchen (3.25m x 2.13m (10'8 x 7'0 )) UPVC double glazed window to side. Wall mounted boiler. Wood flooring. Range of wall and base units with work surfaces over.
Space for fridge/freezer and washing machine. Stainless steel single drainer sink unit with mixer tap. Bedroom (3.56m x 2.87m (11'8 x 9'5)) UPVC double glazed window to front. Radiator.
Fitted wardrobes. Carpet as laid. Bathroom Extractor fan. Panelled bath with mixer tap. Pedestal wash hand basin. Low level WC. Vinyl flooring. Parking Allocated parking with CCTV.
Tenure "We are advised by the vendor(s) that the lease has 56 years remaining, Ground rent £70.00pa and Service Charge £1200pa." (Awaiting verification)" Authority London Borough of Croydon Band B £ 1840.93.
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
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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 Flat 8, Abbots Court, Claret Gardens, London
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