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See how verdicts work2-bedroom flat · CR5 2BL
Under offerListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exquisite two bedroom penthouse apartment in The Drive offers a perfect blend of modern living and convenience.
Spanning an impressive 1195 square feet, this property boasts a spacious and inviting open-plan kitchen, dining, and living room, measuring an expansive 29'11 x 22'1.
This area is ideal for both entertaining guests and enjoying quiet evenings at home.
The apartment features two well proportioned double bedrooms, with the master bedroom benefiting from an en suite shower room, providing a private sanctuary for relaxation.
The second bedroom is equally generous in size, making it perfect for guests or as a home office.
Additionally, the property includes a second bathroom, ensuring ample facilities for residents and visitors alike.
For those who require parking, this penthouse offers space for one vehicle, a valuable asset in this desirable location.
The property is conveniently situated within walking distance of Purley and Coulsdon south station, making it an excellent choice for commuters seeking easy access to central London and beyond.
This penthouse apartment is not just a home; it is a lifestyle choice, offering comfort, space, and a prime location.
Whether you are a first time buyer, a young professional, or looking to downsize, this property is sure to meet your needs and exceed your expectations.
Do not miss the opportunity to make this stunning flat your new home.
Purley and the surrounding areas are well known for their very good choice of reputable schools including Margaret Roper Catholic, St.
Nicholas, Christ Church and Beaumont at primary level and preparatory schools to include Cumnor House, St. David's and Laleham Lea.
At senior level there is John Fisher, Riddlesdown Collegiate and Woodcote and private sector senior schools in the area include Whitgift, Trinity, Old Palace and Croydon High.
Local Grammar schools include Wallington County, Wallington Girls and Wilsons Boys.
Purley station provides rail services to London Bridge (from 25 minutes), London Victoria (from 24 minutes) and Gatwick (from 26 minutes) whilst Riddlesdown and Reedham will get you to London Bridge from 23 & 32 minutes and Victoria from 26 & 37 minutes respectively.
Numerous bus services provide transport to all the surrounding and the M25/M23 intersection at Hooley is approximately 4-5 miles away.
Gatwick and Heathrow Airports are within about 30 and 60 minutes drive respectively.
Tenure - Leasehold Length of lease (years remaining) - 120 years Annual ground rent amount (£) -£350.00 Annual service charge amount (£) - £2,100.00 Council tax band - E PLEASE NOTE: Whilst we believe the information above to be correct, we are unable to guarantee this information until such time as we have formally verified it with the sellers.
Therefore you are advised to clarify any information with your chosen legal representative before proceeding with the purchase of this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About The Drive, Coulsdon
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