Summary - Flat 39 Zodiac Court, 165, London Road, CROYDON CR0 2RJ
1 bed 1 bath Flat
Auction opportunity with balcony, lift access and investment potential near West Croydon transport.
- Vacant seventh-floor studio with private balcony and lift access
- Small apartment: approx. 334 sq ft, one room, separate kitchen and bathroom
- Leasehold: c.66 years remaining — likely blocks mortgage lending
- Auction sale with 6-week completion; cash buyers preferred
- EPC C; community heating and mains gas supply
- Building from 1967–75, system-built walls assumed uninsulated
- Fast broadband and excellent mobile signal; near West Croydon transport
- High local crime rate and deprived area — consider security and investment risk
A vacant seventh-floor one-room flat with private balcony and lift access, offered at auction with a guide price of £45,000–£90,000. The studio sits within a purpose-built block close to West Croydon transport links and Wandle Park, and benefits from fast broadband and excellent mobile signal. EPC rated C and served by a community heating scheme.
This property is a clear auction and cash-buy opportunity for investors or experienced buyers able to manage lease issues. The current lease has approximately 66 years remaining; mortgage lenders are likely to refuse lending and extending the lease to 90+ years would require paying a premium to the freeholder (Section 42 process). Buyers should budget for any lease-extension premium and legal costs.
The flat is small (approximately 334 sq ft) and arranged as a studio with separate kitchen and bathroom. Expect basic finishes consistent with a 1967–75 concrete-built block; walls are system-built with assumed no insulation. The balcony and lift are practical positives but the building’s urban setting and high local crime rate are notable context factors.
Sold vacant with a 6-week completion available, this is best suited to cash buyers, portfolio investors seeking a low entry price, or buyers prepared to carry out improvements and lease-extension negotiations. Full legal pack should be reviewed before bidding; specialist advice is recommended on lease valuation and financing options.
1 bedroom flat for sale in Flat 167 Newgate Tower, 1 Newgate, Croydon, Surrey, CR0 2FE, CR0 — £160,000 • 1 bed • 1 bath • 418 ft²
1 bedroom flat for sale in Flat 92 Green Dragon House, 64-70 High Street, Croydon, CR0 1FT, CR0 — £100,000 • 1 bed • 1 bath
3 bedroom apartment for sale in 11 Rigby Close, Croydon, Surrey, CR0 4JU, CR0 — £200,000 • 3 bed • 1 bath • 689 ft²
1 bedroom flat for sale in 143 Franklin Way, Croydon, CR0 4UX, CR0 — £110,000 • 1 bed • 1 bath • 474 ft²
1 bedroom flat for sale in Green Dragon House, High Street, Croydon, CR0 — £135,000 • 1 bed • 1 bath • 328 ft²
2 bedroom apartment for sale in Flat 14, 386 London Road, Croydon, London, CR0 2SU, CR0 — £140,000 • 2 bed • 1 bath • 721 ft²
