2 Bed Flat, Single Let, CR7 8HT £225,000

Northwood Road, Thornton Heath, CR7 8HT - 2 years ago
Sold STC
Leasehold
BTL
ROI: 8%
~60 m²
Property image

ValuationUndervalued

Sold Prices£225K - £505K
Sold Prices/m²£2.6K/m² - £12.9K/m²

 

 

Square Metres

~60.39 m²
Price/m²£3.7K/m²

Value Estimate

£272,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£14,450

Total Cash In

£70,700

 

 

Cash Out

 

Rent Range

£1,475 - £2,350

Rent Estimate

£1,484

Running Costs/mo

£1,020

Cashflow/mo

£464

Cashflow/yr

£5,569

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £225K to £505K, average is £305K. £2.6K/m² to £12.9K/m², average is £4.8K/m².

Price
Date
Distance
Address
Beds
 
£265K11/210.03 mi208, Northwood Road, Thornton Heath, Greater London CR7 8HT2
£232.5K11/240.04 mi210, Northwood Road, Thornton Heath CR7 8HT2
£308.6K09/210.27 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£300K02/250.28 mi353 Discovery Court, 16, Grange Road, Upper Norwood, London SE19 3BL2
£343K11/240.3 mi227, Mersham Road, Thornton Heath CR7 8NW2
£365K11/220.3 mi227, Mersham Road, Thornton Heath, Greater London CR7 8NW2
£355.5K08/240.32 mi112, Mersham Road, Thornton Heath CR7 8NQ2
£450K01/250.33 mi27 Ravensroost, 37, Beulah Hill, Upper Norwood, London SE19 3LN2
£375K04/250.33 mi4, 27 Ravensroost, Beulah Hill, Upper Norwood, London SE19 3LN2
£325K07/250.33 mi26, 17 Blenheim Court, Beulah Hill, Upper Norwood, London SE19 3LJ2
£352.5K03/250.34 mi7, 13 Scoresdale, Beulah Hill, Upper Norwood, London SE19 3LH2
£321.6K02/230.35 mi145, Menlo Gardens, London, Greater London SE19 3DX2
£442.5K05/230.36 mi1e, Beulah Hill, London, Greater London SE19 3LQ2
£250K07/210.37 mi8, Menlo Gardens, London, Greater London SE19 3DU2
£305K03/250.38 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£305K03/250.38 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£298K08/240.39 mi45a, Hythe Road, Thornton Heath CR7 8QQ2
£255K06/210.39 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£320K06/210.4 mi33, Freethorpe Close, London, Greater London SE19 3LX2
£240K05/230.4 mi5, Parchmore Way, Thornton Heath, Greater London CR7 8HL2
£305K11/210.4 mi68, The Woodlands, London, Greater London SE19 3EH2
£265K03/230.41 mi28, Priory Crescent, London, Greater London SE19 3EE2
£285K05/250.42 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£285K05/250.42 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£325K11/210.43 mi199, Grange Road, London, Greater London SE25 6TG2
£307.5K06/210.43 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£275K01/230.44 mi65, Highfield Hill, London, Greater London SE19 3PT2
£498K05/250.44 mi6, 85 William Court, Highfield Hill, Upper Norwood, London SE19 3QF2
£320K06/250.46 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£320K06/250.46 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£320K09/240.47 mi98, Windsor Road, Thornton Heath CR7 8HF2
£315K01/250.48 mi88a, Flat 4, Beulah Hill, Upper Norwood, London SE19 3EW2
£225K11/240.49 mi133a, Parchmore Road, Thornton Heath CR7 8LZ2
£265K12/240.5 mi41b, Windsor Road, Thornton Heath CR7 8HG2
£270K02/230.52 mi7, Founders Gardens, Upper Norwood, London, Greater London SE19 3UU2
£325K10/220.55 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£228K05/250.56 mi109, Marston Way, Upper Norwood, London SE19 3JD2
£228K05/250.56 mi109, Marston Way, Upper Norwood, London SE19 3JD2
£250.5K03/230.56 mi91, Marston Way, London, Greater London SE19 3JD2
£275K08/210.58 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£330K07/250.58 mi9, Norfolk Road, Thornton Heath CR7 8ND2
£263K02/230.58 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£420K02/230.58 mi207c, Church Road, London, Greater London SE19 2QQ2
£505K07/250.59 miFlat 26, 8, Sylvan Hill, Upper Norwood, London SE19 2QF2
£260K07/250.59 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£332.5K06/210.61 mi2, Auckland Rise, London, Greater London SE19 2EA2
£345K11/210.62 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£258K03/250.64 mi30, Pierrepoint, Ross Road, South Norwood, London SE25 6SD2
£300K08/240.66 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£270K10/210.67 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2

Local Rents

50 rents from £1.5K/mo to £2.4K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,70007/250.03 miNorthwood Road, Thornton Heath, CR72
£1,50008/250.1 mi-2
£2,10003/240.1 miCRANBROOK ROAD, THORNTON HEATH, CR7, Thornton Heath, CR72
£1,80012/240.11 mi-2
£1,90002/240.12 mi-2
£2,10003/240.12 miCranbrook Road, Thornton Heath, CR72
£1,67505/240.18 mi-2
£1,65005/240.18 mi-2
£1,80012/240.2 mi-2
£1,70008/250.2 miBurlington Road, Thornton heath2
£1,70003/240.23 miMoffat Road Thornton Heath CR72
£1,50003/240.24 miOsborne Gardens, Thornton Heath2
£1,65009/250.24 miBeulah Crescent, Thornton Heath, CR72
£1,85010/250.25 miOsborne Road, Thornton Heath2
£1,80006/250.26 miHilltop Court, Grange Road, Crystal Palace2
£1,75009/240.26 miOsborne Road, CR72
£1,80007/250.26 mi-2
£1,70002/240.27 mi-2
£1,60003/240.28 miOsborne Road, THORNTON HEATH2
£1,60011/250.28 miOsborne Road, THORNTON HEATH2
£1,69512/240.3 mi-2
£1,64512/240.3 mi-2
£1,64511/250.3 mi-2
£1,75007/250.3 mi-2
£2,35007/250.3 mi-2
£1,90003/250.3 mi-2
£1,70008/240.3 mi-2
£2,00008/240.3 miThe Heights, London, SE192
£1,65006/250.31 mi-2
£1,65006/250.33 mi-2
£1,65006/250.33 mi-2
£1,65007/250.33 mi-2
£1,70009/250.33 mi-2
£1,65007/250.33 mi-2
£1,65007/250.33 mi-2
£1,70009/250.33 mi-2
£1,70009/250.33 mi-2
£1,65009/250.33 miLenham Road, Thornton Heath, CR72
£1,74608/240.33 mi19 Beulah Hill, Crystal Palace, London2
£1,75010/240.34 mi-2
£1,95011/250.34 miGayfere Place, London, SE252
£1,55008/240.35 miCintra House, 9 Beulah Hill, London, SE192
£1,60008/240.35 miCintra House, 11 Beulah Hill, London, SE192
£1,60008/240.35 miCintra House, 11 Beulah Hill, London, SE192
£1,60008/240.35 miCintra House, 9 Beulah Hill, London, SE192
£1,67511/240.35 miBeulah Hill, London, SE192
£1,47501/250.35 mi-2
£1,47501/250.35 mi-2
£1,55003/250.35 mi-2
£1,62510/250.35 miBeulah Hill, London, SE192

Local Area Statistics

Population in cr7

44,620

Nearest school

0.10 miles away

Nearest train station

0.82 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 £225,000

May 23, 2025

Listed for £250,000

April 22, 2024

Floor Plans

Property image

Description

  • Crystal Palace +
  • Chain free +
  • New appliances +
  • Close to transport +
  • Two well proportioned bedrooms +
  • Private rear garden +
  • Period maisonette +

Guide price £225,000 - £250,000 This deceptively spacious and beautifully updated two-bedroom period property combines character with modern touches. Set opposite the charming Spa Hill Allotments and within walking distance to parks, local shops, and excellent transport links, the flat is perfectly positioned for both convenience and lifestyle.

Step inside to find a welcoming living room, a sleek modern kitchen, and two generously sized bedrooms all finished to a high decorative standard. The home also features a stylish bathroom and a private rear garden, ideal for relaxing or entertaining. Additional benefits include double glazing, central heating, clever storage solutions, and a combination boiler.

This impressive home is ideal for first-time buyers, downsizers, or investors alike. Don’t miss your chance to view – contact haart today to arrange a viewing and make this charming garden flat your new home.

Agent Details

haart, Thornton Heath

020 3909 8975

Next Steps?

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