3-bedroom flat · SE25 4PQ
Sold STCListed 562 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Last chance - last remaining apartment Stunning first floor apartment near Norwood Junction Station with private balcony. Available from a 25% share with a deposit as little £5,938.
This first floor apartment has been finished to a high specification and benefits from its own private balcony.
The living area is open plan and incorporates a dining area with a stylish kitchen, finished with quartz worktops and fitted Bosh appliances.
The appliances include built-in Single Oven, Ceramic Hob, 70/30 Fridge Freezer and Washer Dryer.
The modern bathroom is fully tiled with smart, porcelain tiles, featuring a wall hung vanity unit, bath, shower and screen and soft close W.C.
Flooring is included throughout and complements the finish and style of the apartment.
The development is ideally situated for transport and road links including Norwood Junction with direct access to London Bridge and London Victoria.
South Norwood offers a popular High Street with an array of shops and amenities. The Crystal Palace Triangle with its gastro pubs, restaurants and independent shops is only a bus ride away.
The country park is also close by and provides a lovely outdoor space to wander through and enjoy.
Financial Breakdown: Full market value: £475,000 25% share value £118,750 5% deposit: £5,938 Monthly rent: £817 What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change. **Subject to terms and conditions. This is a no parking development.
Value & comps
No previous sales on record.
Returns
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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 LAST 3 BED PLOT REMAINING 25%,, Portland Road, South Croydon
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