How much is Flat 25, Purley?

The asking rent is £1,600 a month.

No floorplan from the agent

Flat 25, Purley, CR8 4AB

2-bedroom flat · CR8 4AB

1 bath

Asking rent

£1,600/mo

To rentListed 110 days · slow let

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Croydon city-wide Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Zero Deposit Guarantee Available A spacious two double bedroom apartment situated on the top/second floor (with lift access) of this quiet residential block.

The living room offers spacious lounge area with large windows and dining space, separate kitchen with ample storage, fridge freezer, washing machine and cooker with gas hob.

Both bedrooms are well sized double bedrooms with wardrobe space and natural light.

The bathroom, like the rest of this delightful property, is of neutral decor and comes with a bath with overhead shower, WC and sink.

Situated in a gated development with allocated parking this property is close to local amenities and transport links, with Reedham station a two minute walk away and Purley near by this is a fantastic property for commuters and young professionals alike.

Other benefits of this property are gas central heating, secure phone entry and double glazing throughout.

Available 1st September Epc: C Tax Band: D Length of Tenure: Long-term Council Tax Band: Holding Deposit: £369.00 Two Minutes To Reedham mainline station Two Double Bedrooms Furnished Underground Parking Close To Local Shops & Amenities Top/Second floor with Lift Access Large Lounge/Diner Available 1st September

Key information

Availability

Available now

Check availability with the agent

Reception rooms

Local authority

Croydon

London Borough

County

Greater London Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

Short-let restrictions apply

Greater London: an entire home can be let short-term for at most 9090 short-let nights plus a mid-term let for the rest of the year.
England: a national short-term let register is being introduced; register the property before letting.

We're still gathering serviced-accommodation data for this area.

Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.