2-bedroom flat · CR5 1PN
For saleListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely top-floor two-bedroom apartment for first time buyers or downsizers, located in the sought-after residential development of Netherne Village, Coulsdon South.
Originally farmland and later a hospital estate, the area was redeveloped by M J Gleeson in the late 1990s to create a vibrant new village community.
This apartment offers two bedrooms, including a principal bedroom with ensuite and fitted wardrobes, a family bathroom and a modern open-plan kitchen with a spacious lounge area overlooking open fields.
This property comes with one allocated parking space and visitor spaces. Access to an excellent on-site leisure facilities, comprising a swimming pool, fitness suite, and tennis courts.
In the village there is a convenience store, the apartment is ideally located close to major road links, including the M25, approximately 20 minutes from Gatwick Airport.
Please contact Martin & Co, Caterham.
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
Agent & docs
FAQ
About Gawton Crescent, Netherne On The Hill
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