1-bedroom flat · CR8 3QJ
Sold STCReduced £25k (−9.1%) on 17 SepListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented top-floor flat offers an exceptional blend of style, comfort, and convenience.
Boasting a bright and spacious open-plan living area with stunning views, the property is thoughtfully designed to maximise both space and natural light.
Excellent fitted storage is provided throughout, ensuring practical everyday living, while a separate office room offers the perfect space for home working or study.
Residents will benefit from a share of the freehold and low service charges, adding to the property's appeal.
Further advantages include a private allocated parking space and a highly desirable West Purley location, just a short walk from local shops, amenities, reputable schools, and the train station, making it ideal for commuters too.
Second Floor Hallway Reception Room/Kitchen (5.87m x 5.11m (19'3 x 16'9)) Bedroom (4.45m x 3.68m (14'7 x 12'1 )) Bathroom Office Room (3.38m x 3.23m (11'1 x 10'7)) Storage (4.34m x 2.51m (14'3 x 8'3)) Outside Off Road Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Flat 4, 37, Plough Lane, Purley
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