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See how verdicts workStudio flat · CR0 6XP
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful studio apartment is located on the ever desirable Laing Development just a short walk from Blackhorse Lane tram stop as well as walking distance to Norwood Junction train station.
There are also multiple local bus routes available on Morland Road. The studio itself is on a quiet cul de sac surrounded by well maintained communal gardens as well as resident parking spaces.
The property is on the ground floor of this purpose built block with a large living space with lovely outlook onto the green space at the rear.
Presented in great condition throughout there is a modern fitted kitchen and three piece shower room as well as ample storage space.
Other benefits include share of freehold, no chain plus so much more! The perfect property for first time buyers and investors alike.
Directions Redgrave Close is a quiet cul de sac in the desirable Laing Development located off of Adams Way Transport Selhurst 0.6 miles Norwood Junction 0.6 miles East Croydon 1.2 miles Schools - infants & primary St Thomas Becket Catholic Primary School 390 yds Woodside Primary School 430 yds Robert Fitzroy Academy 470 yds Schools - secondary & college Ark Blake Academy 0.6 miles Oasis Academy Shirley Park 0.6 miles Oasis Academy Arena 0.7 miles
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 2, Redgrave Close, Croydon
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