24 Brighton Road, CR8 2BD

2-bedroom flat · CR8 2BD

629 sq ftEPC D1 bathFirst floor apartment with garage en bloc · In need of updating, a perfect project to make your own · Spacious reception room and separate kitchen

Asking

£225,000

Sold STCListed 365 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Croydon city-wide Article 4 (HMO) · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

Start free Log in

About

The property

Nestled in the heart of town, this charming first-floor apartment offers a fantastic opportunity for buyers seeking a project with potential.

In need of updating, it's the perfect canvas to create a home tailored to your taste. Benefitting from a garage en bloc, perfect for parking or storage.

The property features a spacious reception room, a separate kitchen, and a generously sized bathroom complete with a separate toilet—ideal for visiting guests.

Located in an ideally positioned block, just a stone’s throw from Purley station and the town centre, convenience is truly on your doorstep. The development also boasts pretty communal gardens.

Whether you're a first-time buyer, looking to downsize, or searching for a smart investment, this apartment ticks all the right boxes.

First Floor - Hallway - Kitchen - 3.45m x 3.07m (11'4 x 10'1) - Reception Room - 3.96m x 3.28m (13'0 x 10'9) - Bedroom 1 - 3.99m x 2.29m (13'1 x 7'6) - Bedroom 2 - 3.45m x 2.36m (11'4 x 7'9) - Bathroom - Cloakroom - Outside - Garage En Bloc - Communal Gardens -

Key information

Price per Square Foot

£358/sq ft

Based on 629 sq ft (58 sq m)

Floor Area

629 sq ft (58 sq m)

Council Tax Band

Band C

Estimated ~£1600/year

EPC Rating

current

Tenure

Leasehold

Property Age

England and Wales: 1930-1949

Local Authority

Croydon London Boro

London Borough

County

Greater London Authority

Property features

First floor apartment with garage en bloc
In need of updating, a perfect project to make your own
Spacious reception room and separate kitchen
Good-size bathroom with separate toilet, ideal for guests
Ideally located block, stone’s throw from Purley station and town centre
Pretty communal gardens
Ideal first time buy, down-size or investment

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

Loading rental comparables…

Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market365 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market365

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC ratingD

Listing timeline

First listedListed at £225,00022-10-2025

Still activeDay 365 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.