Summary - 143 FRANKLIN WAY CROYDON CR0 4UX
1 bed 1 bath Flat
Auction opportunity near transport hubs for cash buyers and landlords.
Vacant one-bedroom first-floor flat, 462 sq ft
Guide price range £80,000–£160,000; offered at public auction
Approximately 91 years remaining on the lease (125-year lease from 1992)
Close to West Croydon rail and Overground; good commuter links
EPC rating C; mains gas boiler and radiators heating
Located in a high-crime, deprived area — affects rental demand
Sold with six-week completion available; sold vacant for quick possession
Double glazing present; install date unknown — allow upgrade budget
A vacant, first-floor one-bedroom flat with 462 sq ft of living space, offered at public auction with a guide price of £80,000–£160,000. The property sits in a modern purpose-built block (c.1996–2002) close to West Croydon rail and Overground links, local shops and Beddington Park — making it straightforward to let or resell to commuters and nearby workers.
Practical strengths include mains gas central heating (boiler and radiators), double glazing, an EPC rating of C and approximately 91 years remaining on the lease. The flat is sold vacant with a six-week completion window (or earlier), simplifying acquisition and potential refurbishment works.
There are clear investment considerations: the area shows high crime levels and is classified as deprived, which can affect tenant demand and rental values. The building and flat appear modern but some details are unknown (double glazing install date, finish condition), so budget for inspection and likely minor upgrades or redecoration.
This sale is suited to investors seeking a short-turn auction purchase or a buy-to-let addition close to transport hubs. The property’s size and layout make it a straightforward one-bedroom let, but buyers should factor in local letting yields, management and any refurbishment costs before bidding.
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