2 Bed Flat, Single Let, South Croydon, CR2 6EA, £300,000

Brighton Road, South Croydon, CR2 6EA - a year ago

Leasehold
BTL
ROI: 3%
~51 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~51 m²
Price/m²£5.9K/m²

Value Estimate

£244,208

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

46 sold prices from £223K to £437.5K, average is £308K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£270K05/230.09 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£295K09/210.18 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.18 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£325K08/210.31 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£345K05/230.31 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£305K01/230.32 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£306K12/200.34 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£368K05/230.37 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£286K12/220.41 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.41 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.41 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£280K02/210.41 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£330K01/230.41 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£243K02/230.41 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£248K04/230.43 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£437.5K12/200.44 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£223K07/230.44 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£294K04/230.48 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£250K08/210.49 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£321K06/210.51 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.51 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.51 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£297K11/200.53 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.53 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£305K01/210.58 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£310K05/230.63 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.63 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.63 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.63 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£423K11/200.63 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£270K02/230.71 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£285K12/210.79 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£255K07/230.86 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£292.5K02/230.86 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.88 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£327K12/200.91 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£250K05/230.92 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£326K09/210.92 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£340K02/210.94 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.94 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£320K12/200.97 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£375K02/230.98 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£335K10/210.98 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.98 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£343K09/210.99 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.99 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,75003/250.08 mi-2
£1,55012/240.1 miUpland Road, South Croydon2
£1,60012/240.12 miBrighton Road, SOUTH CROYDON2
£1,65012/240.15 miWarham Road, South Croydon, CR22
£1,60012/240.15 miFairhaven Court, Warham Road, South Croydon2
£2,15002/240.2 mi-2
£1,65012/240.2 miSt. Peters Street South Croydon CR22
£1,90012/240.21 mi-2
£1,80002/250.21 mi-2
£1,50012/240.22 miHaling Road2
£1,70002/250.22 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
£1,65002/250.22 mi-2
£1,95003/250.25 mi-2
£1,69512/240.25 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.26 miSouth Park Hill Road, South Croydon 2
£1,69512/240.26 miSouth Park Hill Road, South Croydon2
£1,80002/250.26 mi-2
£1,79512/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,70002/240.27 mi-2
£1,75012/240.27 miHelder Street, South Croydon, CR22
£1,45002/240.28 mi-2
£1,45002/240.28 mi-2
£1,65012/240.28 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.28 miSouth Park Hill Road, South Croydon, CR22
£1,77512/240.28 miHelder Street, South Croydon, CR22
£1,70012/240.28 miBrighton Road, South Croydon, Surrey2
£1,47512/240.29 miDornton Road, CR22
£1,75012/240.29 mi-2
£1,65012/240.3 miSussex Road, South Croydon2
£2,50002/250.31 mi-2
£1,75012/240.32 miJarvis Road, South Croydon2
£1,70003/240.32 mi-2
£1,75012/240.32 miHeathfield Rd, Croydon, CR02
£1,65012/240.32 miParker Road, Croydon2
£1,50002/240.32 mi-2
£1,50002/240.32 mi-2
£1,50003/240.32 mi-2
£1,50012/240.32 mi-2
£1,60012/240.32 miHaling Park Road, South Croydon2
£1,62012/240.32 miBirchend Close, South Croydon2
£1,85012/240.33 miBrighton Road, South Croydon, CR22
£1,80012/240.33 miHaling Park Road, South Croydon2
£1,80012/240.34 mi-2
£1,75004/250.34 mi-2
£1,65002/250.34 mi-2
£1,50012/240.34 miTemple Road, Croydon2
£2,00012/240.34 miHaling Park Road, South Croydon, South Croydon2
£1,40012/240.34 miBramley Hill, South Croydon2

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £300,000

January 27, 2025

Listed for £325,000

April 9, 2024

Floor Plans

Description

IDEAL FIRST TIME PURCHASE OR INVESTMENT. LOVELY CHARACTER CONVERSION FLAT LOCATED CLOSE TO AMENITIES.

This lovely apartment is well presented through and offers bright and spacious living accommodation briefly comprising communal entrance and stairs to the first floor landing, front door to entrance hall, living room open plan to luxury fitted kitchen, two good size bedrooms and modern bathroom.

This property is just a short saunter to South Croydon's Restaurant Quarter, local amenities and 7 minutes’ walk to South Croydon train station with direct trains to East Croydon, London Bridge and Victoria this property is perfect for a buyer looking to commute into the City.

Agent Details

Mann, Croydon

020 3870 2869

Next Steps?

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