2-bedroom flat · CR7 8JQ
For saleReduced £10k (−3.4%) on 19 OctListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious two double bedroom conversion flat occupying two floors.
Spread over 830sq.ft the first floor comprises a generously sized double bedroom, kitchen with ample storage and worktop space, and a 14ft living room.
The second floor offers further eaves storage located in the second bedroom and an en suite shower room. Further benefits include chain free and share of freehold.
Directions Milner Road is a continuation of Heath Road, which is a turning off Parchmore Road close to Thornton Heath High Street.
Conveniently located for shopping and banking amenities and Thornton heath Station offering a frequent service into London City Centre. Transport Transport: Thornton Heath (Approx.
0.8 miles) Norwood Junction (Approx. 1.2 miles) Norbury (Approx. 1.5 miles)
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 3b, Milner Road, Thornton Heath
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