1-bedroom flat · CR0 5BX
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide price £215,000 - £225,000*** Superb one bedroom first floor apartment set within a fantastic modern development in the heart of Croydon, moments from East Croydon station and just a short walk from town centre amenities.
Boasting access to three landscaped roof gardens with outstanding panoramic views, as well as lift access, residents lounges/co-working spaces, and concierge services, this stylish development provides the perfect base in this vibrant central location.
The apartment itself offers bright, modern living space with modern interiors and high quality finish throughout.
Accommodation comprises entrance hall with inbuilt storage, leading into the spacious open plan reception/kitchen with ample space for relaxing and dining.
The kitchen area comprises a modern range of matching white fronted under-lit wall and base units with work surfaces incorporating inset sink unit, electric hob with overhead extractor and electric oven below, and further space for appliances.
There is a well sized double bedroom plus a stylish shower room with white three piece suite.
Part of the Pocket Living Scheme, the following criteria applies: Months 1-3: Live or work in Croydon, not own a property and earn below £90k Months 4-6: Live or work in London, not own a property and earn below £90k After 6 months: No restriction The property is superbly located close to East Croydon station, with superb connections into Central London as well as to Gatwick and the South Coast.
The Tramlink service also offers excellent links to Wimbledon and Beckenham.
Croydon town centre is just a short distance away offering a huge selection of branded shopping, bars, restaurants and leisure facilities, with the fashionable 'Box Park' development only moments away next to the station.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Flat 7, 30, Addiscombe Grove, Croydon
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