2-bedroom flat · CR0 0BF
Listing removedListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £300,000-£325,000 EweMove Hayes and West Wickham are delighted to offer to the market this stunning, completely renovated two-bedroom ground floor home, ideally positioned on the upper end of New Addington and overlooking Milne Park, enjoying far-reaching open views across the green space opposite.
The property is conveniently located for local amenities and schools, including Fairchildes Primary School (Ofsted Outstanding, 0.3 miles), along with further schools for all ages, shops, a swimming pool and library nearby.
Potential to extend to the rear (STPP).
The accommodation has been fully refurbished throughout by the current owners and comprises an entrance hall with useful storage, a rear reception room with French doors opening directly onto the garden, and a modern fitted kitchen with access to the outside.
There are two large double bedrooms, one of which incorporates a dedicated home working area, along with a contemporary family bathroom.
The rear garden measures approximately 57ft and has been thoughtfully arranged to create a variety of usable outdoor spaces.
Immediately to the rear of the property is a patio area providing side access, storage and a bar area, followed by a lawned section and a decked seating area at the far end, ideal for outdoor dining.
To the front, the property benefits from a private driveway providing off-street parking for several vehicles. Additional benefits include double glazing throughout and gas central heating.
A key feature of this property is its outlook over Milne Park, offering attractive views and a sense of openness that is rarely available.
Lease: 84 years remaining on lease (free holder has quoted a £5050 for a 90 year extension taking the lease to a total of 174 years) Service Charge: £320 per annum as per previous year Ground Rent: £10 per annum EweMove highly recommend your earliest viewing to fully appreciate the quality of the renovation and the exceptional position this home enjoys.
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
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FAQ
About 103, MILNE PARK EAST, CROYDON
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