2 Bed Flat, Single Let, CR7 7HU £245,000

London Road, Thornton Heath, CR7 7HU - 2 years ago
Leasehold
BTL
ROI: 7%
~75 m²
Property image

ValuationUndervalued

Sold Prices£184K - £345K
Sold Prices/m²£3K/m² - £6K/m²

 

 

Square Metres

~74.92 m²
Price/m²£3.3K/m²

Value Estimate

£301,350
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£15,850

Total Cash In

£77,100

 

 

Cash Out

 

Rent Range

£1,400 - £2,503

Rent Estimate

£1,519

Running Costs/mo

£1,089

Cashflow/mo

£430

Cashflow/yr

£5,155

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £184K to £345K, average is £262K. £3K/m² to £6K/m², average is £4.3K/m².

Price
Date
Distance
Address
Beds
 
£195K12/220.12 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£275K04/250.25 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£275K04/250.25 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£240K07/250.41 mi2, 25, Cameron Road, Croydon CR0 2SR2
£280K11/240.42 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£250K03/250.43 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£250K03/250.43 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£286K05/230.44 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£260K01/250.46 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£280K06/210.46 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£272.5K01/250.49 mi85, St Saviour's Road, Croydon CR0 2XF2
£290K07/230.49 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.49 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£310K12/240.51 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£235K02/250.52 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.52 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£255K03/230.52 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£340K09/220.53 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£225.6K10/240.61 miWarwick Gardens, 61, London Road, Thornton Heath CR7 7NB2
£184K04/250.64 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.64 mi35, Carew Road, Thornton Heath CR7 7RF2
£260K09/220.65 mi53, St Christophers Gardens, Thornton Heath, Greater London CR7 7NS2
£190K03/250.66 mi1, St Christopher's Gardens, Thornton Heath CR7 7NS2
£190K03/250.66 mi1, St Christopher's Gardens, Thornton Heath CR7 7NS2
£260K09/210.66 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£287.5K08/230.66 mi56, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£258K02/250.67 mi189 Gary Court, Flat 39, London Road, Croydon CR0 2DR2
£295K11/210.67 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£231K02/250.68 mi17, Warwick Road, Thornton Heath CR7 7NH2
£231K02/250.68 mi17, Warwick Road, Thornton Heath CR7 7NH2
£295K08/210.68 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£295K03/230.68 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£261K07/210.68 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£305K04/230.7 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£290K10/210.7 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£265K08/210.72 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£320K02/230.72 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£220K03/230.76 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£245K03/230.76 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£300K08/240.79 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£312K10/240.81 mi176, Ground Floor Flat At, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£185K06/210.81 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£240K07/230.82 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£270K02/230.83 mi46, Kelvin Gardens, Croydon, Greater London CR0 4UR2
£270K10/210.84 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£345K11/210.84 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£260K07/250.85 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£263K02/230.86 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£275K08/210.86 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£280K01/250.87 mi6 Fitzroy Court, 36, Whitehorse Road, Croydon CR0 2AX2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,65010/250.01 miLondon Road, Thornton Heath2
£1,52510/250.04 miLondon Road, THORNTON HEATH2
£2,27503/250.05 mi-2
£2,50303/250.05 mi-2
£1,67504/250.05 mi-2
£1,51702/250.13 mi-2
£1,80009/250.19 mi. Dunheved Road, Croydon, Thornton Heath, CR72
£1,80011/250.19 mi. Dunheved Road, Croydon, Thornton Heath, CR72
£1,80008/250.2 miFrant Road Thornton Heath CR72
£1,55004/240.21 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60011/250.21 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60006/250.22 miColliers Water Lane, Thornton Heath, CR72
£1,45003/250.23 mi-2
£1,60007/250.23 miLondon Road, THORNTON HEATH2
£1,60011/250.23 miLondon Road, THORNTON HEATH2
£1,60004/240.23 miLondon Road, Thornton Heath, CR72
£1,60011/250.23 miLondon Road, Thornton Heath, CR72
£1,67511/250.24 miFiveacres Close, Thornton Heath, Surrey, CR72
£1,60011/250.24 miFiveacre Close, Thorton Heath2
£1,60003/240.25 miFiveacre Close, Thornton Heath2
£1,70004/240.25 miLakehall Road, THORNTON HEATH2
£1,65005/240.25 miLakehall Road, THORNTON HEATH2
£1,60008/250.27 mi70 Gary Court2
£1,85006/250.27 mi-2
£1,85007/250.27 mi-2
£1,60006/250.28 mi-2
£1,60007/250.28 mi-2
£1,70007/250.28 miSouthwell Road, Croydon, London, CR02
£1,85007/250.3 miSouthwell Road, Croydon, CR02
£1,60001/250.3 mi-2
£1,40007/250.31 miLondon Road, Croydon, CR0 3PF2
£1,90009/250.31 mi-2
£1,65003/240.32 miGonville RoadThornton HeathSurrey2
£1,65003/240.32 miGonville RoadThornton HeathSurrey2
£1,80004/240.32 miBensham Lane, Thornton Heath, CR72
£1,85007/250.32 miBensham Lane, Thornton Heath, CR72
£1,80008/250.32 miBensham Lane, Thornton Heath, CR72
£1,80011/250.32 mi-2
£1,52505/250.33 miBensham Lane, THORNTON HEATH2
£1,65010/250.33 miLondon Road, Thornton Heath, CR72
£1,60002/250.33 mi-2
£1,70002/250.33 mi-2
£1,70002/250.33 mi-2
£1,70002/250.33 mi-2
£1,70002/250.33 mi-2
£1,70002/250.33 mi-2
£1,70003/250.33 mi-2
£1,70002/250.33 mi-2
£1,70003/250.33 mi-2
£1,65003/250.33 mi-2

Local Area Statistics

Population in cr7

44,620

Nearest school

0.30 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £245,000

November 11, 2025

Price changed to £250,000

November 13, 2024

Listed for £260,000

March 7, 2024

Floor Plans

Property image

Description

  • Chain free +
  • Close to Croydon University hospital +
  • Period property +
  • Two large double bedroom +
  • Residents parking +
  • Top floor with view +
  • Long Lease +

GUIDE PRICE £260,000-£275,000. Haart are proud to present to the market this deceptively spacious two large double bedroom top floor flat. Situated within easy reach of Thornton Heath, Croydon and Norbury, boasting a wealth of amenities within easy reach and transport links into Central London and numerous other locations.

Offered to the market with no onward chain, comprising living room with space to dine, two larger than usual double bedrooms, bathroom with the added bonus of a sky light, kitchen and built in storage in the hallway.

Boasting high ceilings, plenty of space, residents parking and a long ease, viewings are highly advised. Ideal first time buy or an equally good buy to let investment.

Agent Details

haart, Thornton Heath

020 3909 8975

Next Steps?

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