Summary - 238 WHITEHORSE ROAD CROYDON CR0 2LB
2 bed 1 bath Flat
Let two-bedroom flat near Selhurst station — auction sale with immediate income.
Let on assured shorthold tenancy producing £18,000 per year
Guide price £150,000+ — sold by public auction (30 Sept)
Approximately 55 years remaining on the lease — lenders may refuse
Likely cash-buy or lease-extension requirement for mortgageability
Second-floor two-bedroom flat with open-plan kitchen/reception
Fast broadband and excellent mobile signal; Selhurst station 0.4 miles
No flood risk; located in an area with high crime and deprivation
Modern compact kitchen; converted terrace building (period features)
This two-bedroom second-floor flat in Selhurst is offered at public auction with a guide price of £150,000+. It is currently let on an assured shorthold tenancy producing £18,000 per annum, presenting immediate rental income for a buyer prepared to purchase at auction. The building is a converted terrace with a contemporary compact kitchen and an open-plan reception/kitchen layout.
There are important leasehold considerations: approximately 55 years remain on the lease and mortgage lenders will likely refuse to lend. The property will therefore be most suitable for cash buyers or investors comfortable managing a lease extension or purchasing without mortgage finance. The sale is by public auction, and buyers should consult the legal pack for full title and tenancy details.
Location strengths include fast broadband, excellent mobile signal and proximity to Selhurst rail station (about 0.4 miles), local shops and Whitehorse Road Recreation Ground. Note the wider area shows high crime and general deprivation indicators; factor in management, letting risk and potential local demand when assessing yield and exit strategy.
2 bedroom flat for sale in 238a Whitehorse Road, Croydon, CR0 2LB, CR0 — £105,000 • 2 bed • 1 bath
3 bedroom flat for sale in 238 Whitehorse Road, Croydon, CR0 2LB, CR0 — £245,000 • 3 bed • 1 bath
1 bedroom flat for sale in 40B Oval Road, East Croydon, Surrey, CR0 6BJ, CR0 — £90,000 • 1 bed • 1 bath • 543 ft²
2 bedroom flat for sale in Flat 6 Ashleigh Court, Norbury Avenue, Thornton Heath, Surrey, CR7 8AH, CR7 — £100,000 • 2 bed • 1 bath • 1253 ft²
2 bedroom flat for sale in Selhurst Place, LONDON, London, SE25 — £200,000 • 2 bed • 1 bath • 564 ft²
2 bedroom flat for sale in Flat 5, 11 Outram Road, Croydon, Surrey, CR0 6XG, CR0 — £175,000 • 2 bed • 1 bath • 681 ft²
