# 3 bedroom flat for sale (CR8 4AU) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 3, MALAN APARTMENTS, 123, OLD LODGE LANE, PURLEY, GREATER LONDON CR8 4AU | | Price | £425,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Floor area | 93 m² | | Last sold | £410,000 Mar 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 10/12/2029 - **Current heating cost:** £204/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8691-7132-6709-2879-8996) ## Description GUIDE PRICE £425,000 to £450,000. Modern First Floor Apartment in Convenient Location This contemporary first-floor apartment, part of a modern block built in 2020, occupies 92.5 sq.m and is ideally located for easy access to local amenities. The apartment features three double bedrooms and two luxury bathrooms, including an en-suite shower room attached to the primary bedroom. The spacious 22’10” open plan lounge/kitchen area boasts a private balcony that offers picturesque views over the gardens. Finished to a high standard, the property includes bespoke German kitchen units, integrated appliances, underfloor heating, and double glazing, ensuring a comfortable and stylish living environment. A long lease term of 246 years adds to its appeal. Additionally, the apartment comes with an allocated parking space and benefits from a section of the communal garden. It has an EPC rating of B. Reedham rail station is just 0.1 miles away, providing routes to London Bridge and Victoria, while Purley rail station, located 0.7 miles away, offers services to Gatwick and Brighton. The surrounding area is well-equipped with shops, restaurants, and excellent educational facilities like Beaumont Primary School. ## Property Photos - ![Picture No. 01](/listings/photos/162193265/1312312) - Picture No. 01 - ![Picture No. 02](/listings/photos/162193265/1312313) - Picture No. 02 - ![Picture No. 03](/listings/photos/162193265/1312314) - Picture No. 03 - ![Picture No. 04](/listings/photos/162193265/1312315) - Picture No. 04 - ![Picture No. 05](/listings/photos/162193265/1312316) - Picture No. 05 - ![Picture No. 06](/listings/photos/162193265/1312317) - Picture No. 06 - ![Picture No. 07](/listings/photos/162193265/1312318) - Picture No. 07 - ![Picture No. 08](/listings/photos/162193265/1312319) - Picture No. 08 - ![Picture No. 09](/listings/photos/162193265/1312320) - Picture No. 09 - ![Picture No. 10](/listings/photos/162193265/1312321) - Picture No. 10 - ![Picture No. 11](/listings/photos/162193265/1312322) - Picture No. 11 - ![Picture No. 12](/listings/photos/162193265/1312323) - Picture No. 12 - ![Picture No. 13](/listings/photos/162193265/1312324) - Picture No. 13 - ![Picture No. 14](/listings/photos/162193265/1312325) - Picture No. 14 - ![Picture No. 15](/listings/photos/162193265/1312326) - Picture No. 15 - ![Picture No. 16](/listings/photos/162193265/1312327) - Picture No. 16 - ![Picture No. 17](/listings/photos/162193265/1312328) - Picture No. 17 ## Floorplans - ![Floorplan](/listings/photos/162193265/1312329) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/162193265/1312330) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | MALAN APARTMENTS, 123 FLAT 3 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £410,000 | 13/03/2026 | Flat | | MALAN APARTMENTS, 123 FLAT 3 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £470,000 | 30/03/2020 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 177 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £605,000 | 03/11/2022 | Detached | | [Same street] 159 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £580,000 | 30/09/2022 | Semi-detached | | [Same street] MALAN APARTMENTS, 123 FLAT 2 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £352,000 | 22/09/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 3 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £430,000 | 11/07/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 2 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £350,000 | 28/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 1 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £442,500 | 28/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 8 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £430,000 | 22/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 9 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £530,475 | 20/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 7 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £560,000 | 10/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 6 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £319,000 | 09/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 5 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £485,000 | 09/06/2022 | Flat | | SATIN HEIGHTS, 9B FLAT 4 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £440,000 | 09/06/2022 | Flat | | [Same street] 129 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £675,000 | 31/03/2022 | Semi-detached | | EAST CLIFF HOUSE, 5 FLAT 9 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £560,000 | 03/12/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 7 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £550,000 | 22/10/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 6 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £445,000 | 08/10/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 8 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £550,000 | 03/09/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 1 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £450,000 | 01/09/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 4 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £440,000 | 31/08/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 5 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £470,000 | 31/08/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 2 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £345,000 | 31/08/2021 | Flat | | EAST CLIFF HOUSE, 5 FLAT 3 HIGHLAND ROAD, PURLEY, CROYDON, GREATER LONDON, CR8 2HS | £465,000 | 31/08/2021 | Flat | **Street average:** £553,000 (4 sales) **Area average:** £458,999 (18 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £289,714 (35 Flat, CR8, 2024–2026) - **Deviation:** +46.7% ## Rental Range *ONS Price Index of Private Rents (Croydon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,415/mo - **Realistic:** £1,572/mo - **Optimistic:** £1,729/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer North London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,690/mo ## 1% Rule - **Rent ratio:** 0.37% (weak for cashflow) - **Max investor price (0.8%):** £196,500 - **Target investor price (1%):** £157,200 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £4,570/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -17.5% - **10y growth:** -5.9% ## House Price Index (HM Land Registry) *Official index for Croydon; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -3% - **5y growth (index):** -6.8% - **10y growth (index):** 2.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)