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See how verdicts work2-bedroom flat · CR6 9LW
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented, CHAIN FREE two bedroom ground floor apartment, built approximately 20 plus years ago is offered to the market with a share of freehold and an exceptionally long lease with no ground rent, providing comfortable and practical accommodation within a small modern residential development being a short level walk to Warlingham Village Green.
The property comprises a welcoming entrance hall, bright and spacious living/dining room, fitted kitchen with ample storage and worktop space including integrated appliances, two well-proportioned bedrooms and modern bathrooms.
The master bedroom boasts an en-suite shower room in addition to the guest bathroom.
Further benefits include double glazing, gas central heating, and the ease and accessibility of ground floor living, making it an ideal purchase for first-time buyers, downsizers or investors alike.
( Lease - 999 years from 29/2/2004, Service Charge - £3600 pa, No Ground Rent ) Spire Place is a quiet residential cul-de-sac conveniently positioned close to the heart of Warlingham, offering a pleasant village environment with a range of local shops, cafés and amenities within easy reach.
The area is well served by public transport, with nearby bus routes providing access to surrounding towns and mainline train stations offering connections to London.
With attractive countryside and green spaces close by, this location combines peaceful residential living with excellent connectivity.
Close by is a choice of highly regarded doctors surgeries, a large Sainsbury's supermarket and the 403 bus route serving neighbouring towns and East Croydon Station.
Upper Warlingham Station is a 5 minute drive away serving Oxted and Central London
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 Spire Place, Warlingham, CR6 9LW
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