1-bedroom flat · CR8 2LR
For saleReduced £8k (−6.2%) on 16 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ONE BEDROOM RETIRMENT APARTMENT LOCATED ON THE FIRST FLOOR Holmgrove house was built by Global homes southern ltd.
There are 28 apartments consisting of studios and one bedrooms situated over 3 floors. The development has its own Development manager, backed up by 24 hour emergency Appello call system.
There is a residents lounge, laundry room, a lift to all floors, parking facilities and a guest suite. There is a patio and residents garden.
It is a condition of purchase that residents be over the age of 55 years. Please speak to our Property Consultant if you require information regarding Event Fees that may apply to 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
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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 Holmgrove House, Purley
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