1-bedroom flat · CR0 5BU
To rentListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oaks Estate Agents are delighted to present to the market, an exceptional ground-floor, one-bedroom apartment, situated right by East Croydon station. Spring Apartments benefits from 499 sq. Ft.
Of living space and briefly comprises; ond double bedroom, open plan living/diner, contemporary bathroom suite and direct access to a communal garden.
Addiscombe Grove is ideal for anybody requiring access into The City due its proximity to East Croydon station.
East Croydon station offers Thameslink services to London Bridge, London Blackfriars, Farringdon & St.
Pancras, with Southern services to London Victoria and London Gatwick, while also being at the centre of the London Tramlink line, with trams to Wimbledon, Beckenham & Addington.
Addiscombe Grove is also perfectly positioned to enjoy all that Croydon has to offer. The town centre is nearby and is home to House of Fraser, Marks and Spencer and many other popular retail outfits.
Boxpark is situated close by and is packed with effervescent local residents and commuters devouring tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises.
We thoroughly recommend contacting us at the earliest opportunity to avoid disappointment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Spring Apartments, 15, Addiscombe Grove, Surrey
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