Gorse Road, Croydon, CR0
South East
£190,000Guide Price
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
2Type
FlatArea
636 sqftDescription
Offered at auction, this two-bedroom ground-floor apartment is being sold with no onward chain and a new long lease. The accommodation comprises a spacious lounge, separate kitchen, three-piece bathroom and two double bedrooms. The flat is described as requiring modernisation, providing scope for a purchaser to update the interiors to their requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £190,000, this two-bedroom flat is priced well below the local average at £299 per sq ft versus £439, making the asking price a clear opportunity to acquire. The spacious-looking lounge and tidy bedrooms provide a usable base, while the older kitchen, flooring and finishes offer scope for a light, personal refresh. The maintained shared frontage and no-onward-chain sale add to the appeal.
Key opportunities
- Acquire at a notably below-average local price per square foot.
- Refresh the older kitchen, flooring and interior finishes to give the flat a more contemporary feel.
- Build on the usable lounge and tidy bedrooms as a practical starting point for a light project.
Key risks
None recorded.
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Transport
Nearest stations
Addington Village Tram Stop
0.8 miles
Tram · Addington
Fieldway Tram Stop
1.1 miles
Tram · Forestdale
Gravel Hill Tram Stop
1.1 miles
Tram · Forestdale
West Wickham Rail Station
1.1 miles
Train · West Wickham
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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