5 Bed Detached House, Refurb/BRRR, Croydon, CR0 5DQ, £1,325,000

30 Upfield, Croydon, Greater London, CR0 5DQ - 7 views - 3 years ago

Refurb/BRRR
~266 m²
+9 photos

ValuationOvervalued

Sold Prices£465K - £3.2M
Sold Prices/m²£2.9K/m² - £12.3K/m²

 

 

Square Metres

~265.70 m²
Price/m²£5K/m²

Value Estimate

£1,265,015

 

 

End Value (After Refurb)

£1,221,865

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£331,250

Stamp Duty & Legal Fees

£114,700

Refurb Costs

£140,436

Bridging Loan Interest

£34,781

Total Cash In

£622,917

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,221,865

Mortgage (After Refinance)

£916,399

Mortgage LTV

75%

Cash Left In

£622,917

Equity

£305,466

Rent Range

£2,150 - £4,500

Rent Estimate

£3,247

Running Costs/mo

£4,488

Cashflow/mo

£-1,241

Cashflow/yr

£-14,889

Gross Yield

3%

Local Sold Prices

50 sold prices from £465K to £3.2M, average is £837.5K. £2.9K/m² to £12.3K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£1.3M03/230.1 mi11, Upfield, Croydon, Greater London CR0 5DR5
£955K03/230.14 mi148, Addiscombe Road, Croydon, Greater London CR0 7LA5
£715K11/200.22 mi22, Fryston Avenue, Croydon, Greater London CR0 7HL5
£1.6M10/220.25 mi11, Grimwade Avenue, Croydon, Greater London CR0 5DJ5
£810K01/210.37 mi22, Sefton Road, Croydon, Greater London CR0 7HR5
£745K02/210.43 mi4, Ashburton Road, Croydon, Greater London CR0 6AL5
£755K11/220.5 mi75, Shirley Road, Croydon, Greater London CR0 7LQ5
£750K12/200.55 mi14, Barnfield Avenue, Croydon, Greater London CR0 8SE5
£980K01/230.81 mi18, Birkdale Gardens, Croydon, Greater London CR0 5HY5
£863K02/230.81 mi2, Spring Park Avenue, Croydon, Greater London CR0 5EG5
£465K12/200.83 mi22, Chaucer Green, Croydon, Greater London CR0 7BN5
£870K02/230.87 mi121, Shirley Church Road, Croydon, Greater London CR0 5AG5
£700K04/210.88 mi8, Reynolds Way, Croydon, Greater London CR0 5JW5
£775K05/210.88 mi33, Reynolds Way, Croydon, Greater London CR0 5JW5
£1.7M09/210.88 mi4, Pine Coombe, Croydon, Greater London CR0 5HS5
£825K04/210.93 mi4, Pinewood Close, Croydon, Greater London CR0 5EX5
£3.2M12/220.93 mi21, Shirley Hills Road, Croydon, Greater London CR0 5HQ5
£860K05/231.02 mi4, Bennetts Way, Croydon, Greater London CR0 8AA5
£1.4M09/211.02 mi21, Witherby Close, Croydon, Greater London CR0 5SU5
£1.1M10/221.04 mi165, Ballards Way, Croydon, Greater London CR0 5RJ5
£730K06/231.07 mi60, Woodmere Avenue, Croydon, Greater London CR0 7PD5
£1.3M06/211.11 mi8, Riesco Drive, Croydon, Greater London CR0 5RS5
£1.1M06/211.12 mi46, Orchard Avenue, Croydon, Greater London CR0 7NA5
£860K02/211.15 mi13, South Park Hill Road, South Croydon, Greater London CR2 7DY5
£1.8M01/211.18 miBracken, Bishops Walk, Croydon, Greater London CR0 5BA5
£970K03/211.23 mi14, Manor Way, South Croydon, Greater London CR2 7BR5
£990K01/231.25 mi10, Manor Way, South Croydon, Greater London CR2 7BQ5
£1.1M07/231.25 mi12, Manor Gardens, South Croydon, Greater London CR2 7BU5
£1.1M06/211.26 mi5, Chapel View, South Croydon, Greater London CR2 7LG5
£595K06/231.27 mi27, Temple Road, Croydon, Greater London CR0 1HU5
£500K02/211.28 mi125, Birchanger Road, London, Greater London SE25 5BH5
£650K03/211.29 mi106, Gravel Hill, Croydon, Greater London CR0 5BE5
£978.3K06/231.3 mi24, Winchelsey Rise, South Croydon, Greater London CR2 7BN5
£1.3M01/231.31 mi3, Winchelsey Rise, South Croydon, Greater London CR2 7BP5
£647.5K03/211.32 mi39, The Ruffetts, South Croydon, Greater London CR2 7LS5
£912K04/211.36 mi8, Dornton Road, South Croydon, Greater London CR2 7DP5
£850K11/201.44 mi9, Hurst Way, South Croydon, Greater London CR2 7AP5
£785K10/211.45 mi155, Croham Valley Road, South Croydon, Greater London CR2 7RE5
£497K04/211.52 mi192, The Glade, Croydon, Greater London CR0 7UG5
£725K06/211.53 mi21, Lismore Road, South Croydon, Greater London CR2 7QA5
£675K02/231.58 mi30, Balfour Road, London, Greater London SE25 5JY5
£690K07/231.59 mi242, Selsdon Road, South Croydon, Greater London CR2 7AA5
£652.5K12/221.6 mi240, Selsdon Road, South Croydon, Greater London CR2 7AA5
£825K05/211.68 mi7, Croham Mount, South Croydon, Greater London CR2 0BR5
£900K03/211.68 mi6, Croham Mount, South Croydon, Greater London CR2 0BR5
£775K12/221.69 mi2, Ambleside Avenue, Beckenham, Greater London BR3 3RW5
£725K06/211.79 mi52, Farley Road, South Croydon, Greater London CR2 7ND5
£550K06/211.82 mi10, Littleheath Road, South Croydon, Greater London CR2 7SA5
£930K03/231.83 mi76, Beechwood Road, South Croydon, Greater London CR2 0AA5
£677.5K11/201.83 mi74, Ridge Langley, South Croydon, Greater London CR2 0AR5

Local Rents

27 rents from £2.1K/mo to £4.5K/mo, average is £3.3K/mo.

RentDateDistanceAddressBeds 
£4,00012/240.01 miUpfield, Croydon, CR04
£4,00012/240.01 miUpfield, Croydon, CR04
£4,00012/240.01 miUpfield, Croydon, CR04
£4,00012/240.01 miUpfield, Croydon, CR04
£4,25004/250.18 mi-4
£3,70012/240.19 miAddiscombe Road, Croydon, CR05
£3,30012/240.26 miCheyne Walk, Croydon, CR04
£3,30012/240.26 miCheyne Walk, Croydon, CR04
£3,50003/240.32 mi-5
£3,50004/250.33 mi-5
£3,60003/250.33 mi-5
£3,50003/250.33 mi-5
£4,25012/240.34 miCroydon, CR05
£2,20012/240.4 miCompton Road, Addiscombe, CR03
£2,80003/250.43 mi-4
£2,90012/240.48 miTanglewood Close, CROYDON4
£2,50003/240.49 mi-4
£2,50002/250.54 mi-4
£2,50002/250.55 mi-4
£3,30004/250.56 mi-6
£2,15012/240.57 miBracewood Gardens, Croydon, CR04
£2,15002/240.57 mi-4
£2,15012/240.6 miBracewood Gardens, Croydon, CR04
£2,60012/240.6 miFernhurst Road, Croydon, CR05
£4,50012/240.62 mi-8
£2,60004/250.62 mi-3
£2,50004/250.62 mi-3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £1,325,000

March 22, 2022

Sold for £725,000

2003

Sold for £350,000

1998

Floor Plans

Description

Situated on the prestigious Whitgift Foundation Estate this five bedroom double fronted detached family home boasts accommodation comprising an impressive entrance hall with cloakroom, two bay fronted reception rooms, additional 20'3 x 11'3 conservatory and kitchen to the ground floor and master bedroom, four further double bedrooms and two bathrooms to the first floor. There is scope to extend the property (STPP) and the property also offers mature front and rear gardens, 3/4 car driveway and garage. This property requires a program of modernisation and is offered with no onward chain.

Upfield is within easy reach of several bus services on Addiscombe Road and Sandilands Tram stop is only 0.6 mile walk with its regular 16 minute onward service to London Bridge, Victoria and Gatwick. There are several excellent schools in the area including Trinity (under 0.5 mile walk) and Whitgift school for boys and Old Palace and Croydon High School for girls. The area is well served with recreational facilities including Lloyd park, Addington Hills and Shirley Park Golf Club.

Agent Details

Bairstow Eves, Croydon

020 3835 3594

Next Steps?

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