Summary - 100a, Whitehorse Road CR0 2JB
2 bed 1 bath Apartment
Renovation project with parking and strong rental potential for hands‑on investors.
- Two bedroom ground‑floor apartment with central hall and storage
- Dual‑aspect reception room providing good natural light
- Needs renovation; bathroom shows damp and mould issues
- Off‑street parking included
- Leasehold with 84 years remaining; extension likely required
- Service charge £500 pa; ground rent £10 pa
- Located in an area of high crime and very high deprivation
- Close to transport links and several well‑rated schools
Set on Whitehorse Road in Croydon, this two‑bedroom ground‑floor apartment offers clear refurbishment upside and immediate rental appeal. The layout includes a central hall, a dual‑aspect reception room, two well‑sized bedrooms, kitchen, bathroom and a separate storage area — functional spaces that respond well to a cosmetic uplift.
Key investment strengths are off‑street parking, a modest annual service charge and low ground rent, plus good local transport links and a cluster of well‑rated schools nearby. The building dates from the late 1970s–early 1980s and benefits from double glazing and mains gas heating via boiler and radiators.
Important drawbacks are material and should be addressed: the flat needs renovation, the bathroom shows signs of damp and mould, and the lease has only 84 years remaining (lease extension will be necessary). The local area registers high crime rates and marked deprivation, which may affect resale values and targeting for tenants.
This is best suited to a buyer looking for a renovation project with investment yield potential — cash buyers or investors prepared to manage a lease extension and carry refurbishment costs will find the price and service charges attractive for the market.
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