2-bedroom flat · CR8 5HA
Listing removedListed 574 days
Opportunity summary
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About
Modern recently build top floor 2 bedroom, 2 bathroom apartment with private balcony. Located in a desirable private road a few minutes walk to Kenley station.
With allocated parking space and communal gardens. Excellent A rated Energy Efficiency. Long lease, zero ground rent.
The Accommodation Comprises Main Entrance Secure entry phone to communal lobby and stairs to other floors. 1 or 2 flats per floor. Individual flat letter boxes by communal door.
Entrance Hall Secure entry phone, wood laminate flooring and ceiling recessed down lights. Smoke alarm. Double storage cupboard with boiler and hot water tank. Velux double glazed skylight window.
Doors to living room, bedrooms and bathroom: Living Room - 7.28m (23'11") x 2.97m (9'9") Twin double glazed windows, twin wall mounted radiators, wood laminate flooring and ceiling recessed down lights.
Double glazed patio doors to Balcony. Open plan to Kitchen Area: Balcony With balcony light and railings overlooking communal gardens.
Kitchen Area A modern kitchen area comprising a range of matching eye and base level units, stone work surfaces with matching splashbacks and a stainless steel single bowl sink with work top drainer.
Built in oven, inset induction hob and extractor hood over. Integrated washer dryer, dishwasher and fridge/freezer. Wood laminate flooring. Double glazed window.
Bedroom One (& Ensuite) - 6.26m (20'6") Max x 3.63m (11'11") Max Wall mounted radiator, wood laminate flooring and ceiling recessed down lights. Dual aspect double glazed windows.
Door to ensuite: Ensuite A fully tiled bathroom with white suite comprising a walk in shower cubicle with hand shower and rain shower, shower screen, vanity unit inset wash hand basin with drawers below and wall mounted back to the wall w/c.
With ceramic tiled flooring, ceiling recessed down lights, wall mounted mirror, extractor fan and ladder style chrome radiator. Double glazed window.
Bedroom Two - 4.08m (13'5") Into Recess x 3.49m (11'5") Wall mounted radiator, wood laminate flooring and ceiling recessed down lights. Double glazed window.
Bathroom A fully tiled bathroom with white suite comprising a panel enclosed bath with separate over bath shower with hand shower and rain shower, shower screen, vanity unit inset wash hand basin with drawers below and wall mounted back to the wall w/c.
With ceramic tiled flooring, ceiling recessed down lights, wall mounted mirror, extractor fan and ladder style chrome radiator. Double glazed Velux skylight window.
Outside Residents Parking Residents Allocated Parking Spaces and Wooden Fence Enclosed Bin Store. Communal Gardens Panel Fence Enclosed gardens mainly laid to lawn with upper and lower patio areas.
Value & comps
No previous sales on record.
Returns
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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 Welcomes Road, Purley
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