Summary - 25 KESTREL WAY NEW ADDINGTON CROYDON CR0 0HD
2 bed 1 bath Flat
Two-bedroom auction flat with garden — needs full refurbishment, ideal for investor buyers..
Chain-free two-bedroom split-level flat in need of full refurbishment
Sold by auction — 56-day completion and reservation fee applies
Leasehold: 86 years remaining — check mortgageability
Gas central heating, double glazing throughout
Private garden plus communal grounds and off-street parking
Compact layout: approx. 733 sq ft; small to medium rooms
Located in a deprived, multi-ethnic area — consider rental demand
Buyer pack available; damp and timber report (sample) provided
This two-bedroom split-level leasehold flat is offered at auction and sold chain free, presenting a clear renovation project for an investor or buyer comfortable with works. The building dates from the 1950s–60s and the flat benefits from gas central heating, double glazing and a private garden plus communal grounds and off-street residents’ parking.
Internally the property requires comprehensive updating: dated fixtures and fittings, worn floorcoverings, and evidence of general neglect mean a full redecoration and likely services upgrade will be needed. The accommodation is compact (approximately 733 sq ft) and better suited to a modest family, first-time buyer prepared to renovate, or a buy-to-let investor seeking value-add potential.
Practical sale details are material: this is a modern-method auction sale with a 56-day completion window, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and additional buyer pack and administration charges. Buyers must complete their own due diligence; a sample damp and timber report is available but the buyer should arrange a full survey and legal checks.
Nearby schools have generally good Ofsted ratings and the property sits in a major conurbation with fast broadband and excellent mobile signal. The local area shows signs of deprivation and hampered neighbourhood indicators, so factor local demand and long-term rental expectations into any purchase decision.
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