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Andrews House, Brighton Road, Purley, Croydon - Image 7
Andrews House, Brighton Road, Purley, Croydon - Image 8

Andrews House, Brighton Road, Purley, Croydon

South East

£250,000

Listed on 27/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This ground floor flat offers a solid foundation for an investment opportunity in the sought-after area of Purley. With two spacious double bedrooms and a separate kitchen, it holds potential for modernization that could significantly enhance its value. The tiled bathroom is functional but could benefit from updates to meet contemporary standards. Conveniently located opposite Reedham train station and benefiting from a good bus network, this property also includes allocated underground parking—a desirable feature in urban settings. Currently let on a rolling contract, it presents an ideal choice for investors looking for properties with refurbishment potential. The flat is being offered at a below market value price point, making it an attractive option for quick sale considerations. Additionally, the long lease (99 years remaining) and lack of ground rent add to the appeal of this property as a long-term investment. Assistance with builder quotes can be provided to facilitate any necessary renovations.

Investment Analysis

(CR8 area)
Area Average
£465/sq ft
Avg Rent (weekly)
£448
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CR8)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +6.2%
5 year growth: +0.5%
Investment Disclaimer: Analysis based on CR8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Andrews House, Brighton Road, Purley, Croydon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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