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 house · CR0 2DY
For saleReduced £15k (−4.1%) on 15 SepListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom terraced home seamlessly combines period charm with contemporary living, offering a thoughtfully renovated interior, versatile outside space, and the rare benefit of off-street parking.
Tucked away from the main road in a small, quiet cul-de-sac, the property enjoys a peaceful setting while remaining ideally positioned in a sought-after central location, within easy reach of excellent transport links, highly regarded schools, and a wide range of local amenities.
Having undergone an extensive program of refurbishment in 2020-2021, the property has been fully rewired with a new consumer unit, comprehensively redecorated throughout, and enhanced with a stylish modern kitchen and contemporary family bathroom.
The result is a home that is ready to move straight into, with quality improvements already completed.
The accommodation is bright and welcoming, retaining its character while benefiting from modern finishes.
The well appointed kitchen offers ample storage and preparation space, making it ideal for everyday living, while the ground floor bathroom has been finished to a high standard.
Upstairs are two well proportioned bedrooms, providing comfortable and flexible accommodation. Outside, the property enjoys attractive front and rear gardens.
The front garden has been recently landscaped with new paving and fencing and now provides valuable off-street parking for one vehicle.
The existing freestanding metal bike shed will be removed, allowing the parking space to be fully utilized.
A standout feature is the architect-designed, fully insulated garden room, currently used as a home office.
Complete with electricity, this versatile space is ideal for remote working, a studio, gym, or hobby room.
The electrical installation has also been designed to allow the straightforward addition of an EV charging point adjacent to the front parking space.
Offering modern convenience, quality upgrades, and flexible living space in a peaceful cul-de-sac setting, yet just moments from the town's amenities and transport connections, this exceptional home is an ideal choice for first-time buyers, professionals, or those looking to downsize without compromise.
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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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 4, Spencer Place, Croydon
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