2-bedroom flat · CR8 2PH
For saleReduced £35k (−13.5%) on 5 SepListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***chain free***share of freehold***private gated parking***concierge***residents gym***landscaped garden***service charge includes A reserve fund*** This apartment is located within the popular French Apartments and is offered to the market with no onward chain.
The property is conveniently located for local shops and transport.
Comprises two double bedrooms both with fitted wardrobes and a family bathroom, plus a triple aspect lounge/dining room and fitted kitchen.
Features include a well maintained and landscaped garden, private gated parking which provides one allocated parking space, plus a concierge and residents’ gym. Exclusive large loft storage space.
Share of freehold with a 118-year lease term. Situated conveniently for local shops, Tesco supermarket, restaurants, and cafés.
Purley train station is within 0.4 miles, offering direct routes to London Bridge and Victoria, making it ideal for commuters seeking easy access to central London.
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 Flat 13, French Apartments,, Lansdowne Road, Purley
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