1-bedroom flat · CR8 3EH
Listing removedReduced £50 (−3.6%) on 8 SepListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A well proportioned and well presented, Ground Floor, one double bedroom, conversion flat set in this convenient location.
The property features a good sized double bedroom and modern fitted bathroom, open plan fully fitted kitchen/living room and private garden.
Rent & Terms: Full referencing is required Rent: £1400 per month (fixed price) No bidding or offers above the advertised rent (in line with current regulations) Deposit: Capped at 5 weeks' rent 1 month's rent in advance EPC Rating: C Council Tax Band: C (Croydon) Client Money Protection (cmp): UKALA Member of The Property Ombudsman Scheme : Prs All bills to be paid by the Tenant except service charges and ground rent which are payable by the landlord Transport Links: Within easy reach of Purley town centre shops and amenities including Purley main line railway which offers frequent services to London, Croydon, Gatwick and The South Coast.
M23/25 access nearby. Close proximity to excellent local Schools. Superb Leisure facilities nearby include Woodcote Park Golf Club, Purley Cricket Club, Esporta Leisure Club.
Special Remarks: Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property.
We strongly recommend that all the information we provide be verified by you on inspection. For further information please call our Lettings Team on .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About Flat 1 55, Foxley Lane, Purley
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