2 Bed Flat, Single Let, South Croydon, CR2 7AZ, £325,000

Normanton Road, South Croydon, CR2 7AZ - a year ago

Leasehold
BTL
ROI: 2%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£324,662

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,300 - £2,950

Rent Estimate

£1,466

Running Costs/mo

£1,329

Cashflow/mo

£137

Cashflow/yr

£1,646

ROI

2%

Gross Yield

5%

Local Sold Prices

46 sold prices from £223K to £437.5K, average is £305.5K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£305K01/230.1 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£280K02/210.11 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£368K05/230.14 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£330K01/230.27 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£305K01/210.31 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£243K02/230.34 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£270K05/230.38 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£325K08/210.38 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£310K05/230.4 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.4 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.4 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.4 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£437.5K12/200.49 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£295K09/210.55 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.55 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£306K12/200.57 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£423K11/200.61 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£345K05/230.68 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£321K06/210.74 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.74 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.74 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£297K11/200.74 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.74 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£223K07/230.78 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£286K12/220.78 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.78 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.78 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£294K04/230.79 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£248K04/230.81 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£255K07/230.81 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£327K12/200.83 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£250K08/210.87 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£367.5K09/210.87 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£340K02/210.88 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£343K09/210.9 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.9 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£327.5K11/200.9 mi24, Reddington Close, South Croydon, Greater London CR2 0QZ2
£285K12/210.92 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£375K02/230.93 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£375K03/210.94 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£282.5K11/210.95 mi12, Wisley Court, South Croydon, Greater London CR2 0QY2
£292.5K02/230.95 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£335K10/210.96 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.96 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£293.5K02/230.99 mi27, Montana Close, South Croydon, Greater London CR2 0AT2
£262.5K06/230.99 mi538, Brighton Road, South Croydon, Greater London CR2 6AU2

Local Rents

51 rents from £1.3K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.02 miNormanton Road, South Croydon, CR22
£1,70012/240.03 mi2 bedroom Ground Floor Flat in South Croydon2
£1,65012/240.05 mi20 Normanton Road, South Croydon, CR2 7AR2
£1,85004/250.06 mi-2
£1,47512/240.1 miDornton Road, CR22
£1,50002/240.1 mi-2
£1,50002/240.1 mi-2
£1,50003/240.1 mi-2
£1,50012/240.1 mi-2
£1,62012/240.1 miBirchend Close, South Croydon2
£1,75012/240.1 mi-2
£1,80004/250.1 mi-2
£1,50012/240.11 miSycamore Close, CR22
£1,65012/240.15 miSussex Road, South Croydon2
£1,69912/240.17 miCroham Road, Cranbrook Court, CR22
£1,70002/250.17 mi-2
£1,60012/240.18 miHarewood Road, South Croydon, Surrey, CR22
£1,70003/240.18 mi-2
£1,70012/240.18 miSussex Road, South Croydon, CR22
£1,65012/240.18 miSt. Peters Street South Croydon CR22
£1,50001/250.2 mi-2
£2,95003/240.21 mi-2
£1,79012/240.21 mi-2
£1,30012/240.21 miSouth Croydon, Surrey2
£1,65002/250.22 mi-2
£1,60012/240.22 miMuggeridge Close , South Croydon2
£1,45012/240.22 miMuggeridge Close, South Croydon2
£1,60012/240.22 miMuggeridge Close, South Croydon2
£1,90012/240.22 mi-2
£1,80002/250.22 mi-2
£1,50012/240.22 miLismore Road, South Croydon, Surrey, CR2 7QA2
£1,75012/240.24 mi-2
£1,65012/240.25 mi-2
£1,65002/250.25 mi-2
£1,50002/240.27 mi-2
£1,50002/240.27 mi-2
£1,69512/240.27 miSouth Park Hill Road, South Croydon, CR22
£1,75012/240.27 miHelder Street, South Croydon, CR22
£1,77512/240.28 miHelder Street, South Croydon, CR22
£1,79512/240.28 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.28 miSouth Park Hill Road, South Croydon 2
£1,69512/240.28 miSouth Park Hill Road, South Croydon2
£1,50012/240.28 miHaling Road2
£1,80004/250.29 mi-2
£1,80002/250.29 mi-2
£1,65012/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,55012/240.3 miUpland Road, South Croydon2
£1,75012/240.31 miJarvis Road, South Croydon2
£1,90011/240.32 mi-2
£1,75004/250.33 mi-2

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £325,000

October 30, 2023

Floor Plans

Description

  • Two double bedroom/two bathrooms +
  • Private balcony +
  • Immaculate condition throughout +
  • Private parking +
  • Excellent transport links into The City +
  • EPC rating: C +

Oaks Estate Agents are delighted to welcome to the market this two-bedroom purpose built flat.

Normanton Road briefly comprises: two well-proportioned bedrooms one with a modern en-suite, a spacious living room with modern open plan fitted kitchen, contemporary bathroom suite and cupboards with ample storage.
The property also boasts a good size private balcony, parking for residents and a lift to all floors.

Normanton Road is perfect for any commuter requiring access into The City due its close proximity to South Croydon station and a number of local trams stops. South Croydon station will provide you with direct access into London Bridge and London Victoria in one direction and Gatwick Airport in the other.

Normanton Road is also perfectly situated for a number of local schools such as Whitgift School, Harris Primary School and Elmhurst School.

We thoroughly recommend contacting us at the earliest opportunity to avoid disappointment.

Agent Details

Oaks Estate Agents, Croydon

020 3910 6448

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪