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See how verdicts work3-bedroom house · CR0 1SY
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Queen Street in the heart of Croydon, this two-bedroom period home presents an excellent opportunity for buyers looking to modernise and create a property to their own taste.
Offering well-proportioned accommodation across two floors, the house retains a number of traditional features while providing plenty of scope for refurbishment and improvement throughout.
The ground floor offers two separate reception rooms, providing flexible spaces for living and dining. To the rear is the kitchen, which leads through to a bathroom and provides access to the outside.
The layout offers good potential for buyers looking to reconfigure or update the accommodation, subject to any necessary consents.
Upstairs are two generously sized bedrooms, with the principal bedroom benefiting from an additional adjoining room, ideal for use as a small home study or a generous walk-in wardrobe.
A further shower room adds practicality to the first-floor accommodation. Externally, one of the property's standout features is its substantial rear garden.
The garden extends a considerable distance from the house and, towards the far end, widens to both the left and right, creating an unusually generous outdoor space.
We understand that many years ago additional sections of neighbouring garden land were purchased and incorporated into the property, resulting in the distinctive and expansive garden enjoyed today.
The property is particularly well positioned for commuters, within walking distance of both East Croydon and South Croydon stations.
East Croydon offers fast and frequent services to London Bridge, London Victoria, Clapham Junction and Gatwick Airport, while South Croydon provides further convenient connections towards Central London and surrounding areas.
Croydon town centre is also within easy reach, offering a wide selection of shops, restaurants, cafés and amenities.
Requiring modernisation throughout, this is an exciting opportunity for first-time buyers, investors or purchasers looking for a project in a highly convenient and well-connected location.
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
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FAQ
About 24 Queen Street, Croydon
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