2-bedroom flat · CR0 9LE
Listing removedReduced £15k (−5.8%) on 21 JunListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Chain free. New 136 year lease on completion. Webbs are pleased to offer this two bedroom, top floor flat with garage en-bloc.
The property is situated in the popular development of Forestdale, in Selsdon and offers easy access to local shops, good local schools, Selsdon high street, and great transport links to East Croydon via bus or tram.
This top floor property consists of entrance hall with storage cupboards and loft access, lounge, kitchen, double bedroom with fitted wardrobes, second bedroom with fitted wardrobes, bathroom, and a garage en-bloc.
These properties are ideal for someone downsizing, investment, or looking for their first new home.
Early viewings are recommended to avoid missing out on this lovely flat, particularly being top floor and close to local schools and transport.
The property currently has a 46 year lease, however the owner has informed us that a new lease of 136 years will be supplied on completion with nil ground rent.
Council Tax Band: C (Croydon Council) Tenure: Leasehold (46 years) Service Charge: £1,856.77 per year
Value & comps
No previous sales on record.
Returns
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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 102 Hartscroft, Croydon
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