Studio flat · CR0 4BY
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Marriott Vernon present this well presented second (top) floor studio flat, set within a popular modern gated development, with allocated parking, communal gardens and extended lease of 173 years.
The property offers bright, well planned accommodation with modern interiors and neutral finish throughout - ideal for first time or rental purchase.
Features include a generous studio room, separate well equipped kitchen, modern bathroom, gas central heating and double glazing.
Accommodation comprises entrance hall with useful inbuilt storage, leading into the studio room with ample space for relaxing and dining.
The separate kitchen comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, inbuilt hob and further space for appliances.
A modern bathroom with white suite completes the accommodation.
The property is conveniently located within a short distance of Waddon station as well as regular bus routes providing useful links into Central Croydon.
Croydon itself is within easy access offering a huge array of shops, bars, restaurants and amenities, as well as mainline stations at East and West Croydon and Tramlink connections to Beckenham and Wimbledon.
Purley Way is also close-by for branded shopping, supermarkets, cinema complex and leisure facilities. Viewings are highly recommended.
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
Agent & docs
FAQ
About 39, Ludford Close, Croydon
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