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See how verdicts work6-bedroom house · CR0 6AB
Listing removedReduced £50k (−7.7%) on 26 AugListed 85 daysAuction 20 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 20 for sale by auction on 20/08/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Three Flats are each subject to an Assured Periodic Tenancy.
One Flat subject to a Tenancy on Terms Unknown Comprising Two x 2 Bedroom Flats and Two x 1 Bedroom Flats Each Flat is held on a Lease with approximately 79 years unexpired Total gia of All Flats (Source: EPCs) approximately 209 sq m (2,250 sq ft ) Croydon Town Centre is easily accesisble West Croydon overground and rail station (Southern and Windrush lines) is close by Park Hill Recreation Ground and Ashburton Park are close by Key Locations The Property is located at the junction of Lower Addiscombe Road with Cherry Orchard Road The shops and amenities of Croydon town centre are within easy reach West Croydon station (Southern and Windrush lines) is close by Addiscombe Road (A232) leads to the A21 and in turn the M25 motorway Park Hill Recreation Ground and Ashburton Park are close by Viewings The property will be open for viewing on Wednesday 5th August, Saturday 8th August, Wednesday 12th August and Saturday 15th August between 1:15 - 1:45 p.m.
These are open viewing times with no need to register. If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.
Value & comps
No previous sales on record.
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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 starting price
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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
FAQ
About 62 Flats 1-4 at The Former Leslie Arms, Lower Addiscombe Road, Croydon
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