Flat 6, Platinum Apartments, 69, Lower Road, KENLEY, Surrey, CR8 5FF

Description

Leasehold ground floor flat Location: The property is located on Lower Road. Shopping amenities are available locally within Kenley with a further range of shops, bars and restaurants found within Croydon and within Central London both lying to the north. Public transport links are available at Kenley Train Station located to the south along with a network of local bus services serving the surrounding areas. The property is served by road links including the A22 lying to the east and the A23 located to the west. Recreational pursuits can be found locally. Accommodation: Two bedrooms, reception room open plan to kitchen, bathroom/wc Outside: Allocated parking EPC Rating: B Council Tax Band: D Lease: Held on a lease at a ground rent of £TBC per annum. To view: 26/8, 28/8, 2/9, 4/9, 8/9 at 10:45am No booking required - Please arrive at the time stated

Location

The property is located on Lower Road. Shopping amenities are available locally within Kenley with a further range of shops, bars and restaurants found within Croydon and within Central London both lying to the north. Public transport links are available at Kenley Train Station located to the south along with a network of local bus services serving the surrounding areas. The property is served by road links including the A22 lying to the east and the A23 located to the west. Recreational pursuits can be found locally. Accommodation: Two bedrooms, reception room open plan to kitchen, bathroom/wc Outside: Allocated parking

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£15,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆