We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CR0 1EZ
Sold STCReduced £20k (−7.4%) on 9 FebListed 645 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERED WITH NO ONWARD CHAIN - TWO DOUBLE BEDROOM FLAT, LOCATED IN THE HEART OF SOUTH CROYDON!
Recently refurbished to an excellent standard throughout, the stunning accommodation comprises; Entrance hall, Large 'L' shaped reception/dining room, modern fully fitted kitchen and family bathroom and two good sized double bedrooms with built in wardrobes.
Located on Heathfield Road within close proximity to South Croydon station and a mile of East Croydon station offering regular links into London Bridge, Victoria, Gatwick Airport and the South Coast.
Croydon's restaurant quarter is in close proximity along with a selection of shops on South End whilst Central Croydon provides a wider variety of shops, bars and restaurants including the popular Boxpark in East Croydon.
Please call us to view today! EPC Rating D.
*Second floor flat *Newly decorated throughout *Two double bedrooms *Communal gardens *Secure entry phone system *No onward chain *Close proximity to South Croydon station *Buyers Commission May Be Required Entrance Hall Doors to; Reception Room 5.8m x 5.2m Door to; Kitchen 2.44m x 2.34m Bedroom 5.08m x 3.23m Bedroom 3.23m x 3.2m Bathroom Outside Communal gardens.
Buyers Commission May Be Required* Full details available upon request - *This property is being marketed by Choices on behalf of the seller on the basis that the buyer pays our fee of between 2.4% incl VAT and 3% incl VAT of the net purchase price.
Unless otherwise agreed offers will therefore be submitted to the seller net of our fee. MATERIAL INFORMATION Tenure Leasehold - Term: 999 years from 25th March 2002.
Council Tax Band C. Service Charge £1,466.25 per annum - Charges for the period 01/10/2025 - 30/09/2026. Paid half yearly, reviewed annually. Reserve fund included.
Ground Rent Peppercorn. Broadband Up to 1,000 Mbps. For more information please visit Mobile Coverage Good for voice calls on O2 but limited on data.
Limited voice calls and data on Vodafone, Three and EE. For more information please visit Mains Services Gas/Electricity/Water/Drainage. Heating System Gas radiators.
Value & comps
No previous sales on record.
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 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 Heathfield Road, CROYDON, Surrey, CR0
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