2-bedroom flat · CR2 9DT
Sold STCListed 57 days
Opportunity summary
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About
A well presented 2 double bedroom first floor luxury apartment forming part of a prestigious development built circa 2012 with impressive open plan 23'8x17'4 kitchen/living room with oak flooring and downlighting, ensuite shower room, allocated parking and Juliette balcony French doors.
EPC Rating C. Council Tax Band D.
Communal Entrance Hall with entry phone: Reception Hall with oak flooring and downlighting: Impressive Open Plan 23'8x17'4 Through Kitchen/Living Room with an extensively fitted kitchen area incorporating a hob, oven, extractor hood and integrated washer/dryer, dishwasher, fridge and freezer together with twin Juliette balcony French doors, oak flooring and double lighting: 2 Double Bedrooms with an ensuite tiled shower room to the master with rainfall and hand held showers - the master bedroom having Julitette balcony French doors : Tiled Family Bathroom with rainfall and hand held showers: Zoned Underfloor Gas Central Heating: Double Glazing: Chrome style furnishings: Allocated Parking: Fitted Venetian & Roller Blinds: Downlighting: Carpeted to bedrooms, Oak style and Tiled Flooring: Porcelanosa bathroom suites.
NB The photographs are from when the property was new and unfurnished at the vendor's request. Lease 112 years remaining. Ground Rent £250/year. Maintenance £1224.70.
Potential opportunity to purchase into the freehold Conveniently located along Mitchley Hill on the corner of Limpsfield Road being within level walking distance to Sanderstead Recreation Park and Waitrose.
The property is within reach of Gresham, Atwood and Riddlesdown schools together with walks in Kings Wood, Sanderstead Village parade, the local cricket, park, golf and tennis clubs and bus services to Warlingham, Croydon, Selsdon, Purley and Sanderstead station with links to Victoria & London Bridge.
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
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FAQ
About Mitchley Hill, Sanderstead, Surrey
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