2-bedroom flat · CR2 7EH
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Chain Free ** 918 SQFT ** Allocated Parking Bay ** A particularly bright & spacious two double bedroom first floor conversion flat situated within this desirable residential road, conveniently located only 0.4 miles from South Croydon train station & 0.2 miles from Lloyd Park Tram stop.
This larger than average apartment has 918 SQFT of floor space, there are excellent sized rooms, high ceilings and large windows throughout.
The flat also features gas central heating, has excellent decor and boasts an allocated off-road parking bay.
The accommodation comprises a 15'7 x 14'5 principal bedroom with en-suite shower room, a further double bedroom, a modern three-piece bathroom suite with shower over-bath, a 17'5 x 15'5 lounge/ dining room with feature fireplace and a dual-aspect bay-fronted kitchen/ breakfast room that measures 13'5 x 11'6.
Furthermore, this property sits within an easy reach of the open green spaces of Lloyd Park (With its fantastic Lounge Cafe), Park Hill Park & Croham Hurst Woods, and is a short distance to a wide range of shops, cafes & restaurants in South Croydon.
For families, there is an excellent choice of local schools (primary & secondary) & nurseries, including the highly regarded Coombe Wood senior school.
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 Spencer Road, South Croydon
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