2 Bed Flat, Single Let, South Croydon, CR2 6LT, £280,000

Bramley Hill, South Croydon, CR2 6LT - 5 views - a year ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£215K - £437.5K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£327,622
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,350 - £2,600

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

5%

Gross Yield

6%

Local Sold Prices

41 sold prices from £215K to £437.5K, average is £305K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£286K12/220.05 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.05 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.05 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.07 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£345K05/230.08 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£250K08/210.12 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£295K09/210.2 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.2 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£294K04/230.26 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£223K07/230.36 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£306K12/200.36 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£270K05/230.37 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£270K02/230.46 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£250K05/230.58 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£321K06/210.6 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.6 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.6 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£325K08/210.61 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£297K11/200.64 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.64 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£243K02/230.66 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£305K01/230.69 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£330K01/230.69 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£368K05/230.7 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£437.5K12/200.7 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£315K10/210.73 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/210.73 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£280K02/210.75 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£292.5K02/230.84 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.88 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£305K01/210.88 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£326K09/210.9 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£310K05/230.9 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.9 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.9 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.9 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£423K11/200.9 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£285K12/210.91 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£215K04/210.95 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£255K07/230.96 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£320K12/200.99 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2

Local Rents

52 rents from £1.4K/mo to £2.6K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.03 miBramley Hill, South Croydon2
£1,70012/240.05 mi-2
£1,55012/240.07 miSouth Croydon, Surrey, CR22
£1,60012/240.07 mi-2
£2,50002/250.08 mi-2
£1,65003/250.11 mi-2
£2,40003/250.12 mi-2
£1,50002/240.13 mi-2
£1,65012/240.17 miParker Road, Croydon2
£1,90003/250.19 mi-2
£2,15002/240.19 mi-2
£2,00012/240.21 miKeens Road, Croydon, CR02
£1,85012/240.21 miKeens Road, Croydon, CR02
£1,60012/240.22 miFairhaven Court, Warham Road, South Croydon2
£1,99902/240.22 mi-2
£1,99902/240.22 mi-2
£1,99912/240.22 miKeens Road, Croydon, CR02
£1,65012/240.22 miWarham Road, South Croydon, CR22
£1,45002/240.23 mi-2
£1,45002/240.23 mi-2
£1,80012/240.24 mi-2
£1,70001/250.28 mi-2
£1,60012/240.28 miBrighton Road, SOUTH CROYDON2
£1,70012/240.28 miDuppas Hill Terrace, Croydon2
£1,70002/240.29 mi-2
£1,75003/250.29 mi-2
£1,59512/240.31 miDuppas Hill Terrace, Croydon, Croydon, CR02
£1,59512/240.31 miDuppas Hill Terrace, Croydon, Croydon, CR02
£1,60002/240.32 mi-2
£1,45003/240.32 mi-2
£1,55012/240.32 mi-2
£1,75003/250.33 mi-2
£1,35003/250.33 mi-2
£1,70003/240.33 mi-2
£1,75012/240.33 miHeathfield Rd, Croydon, CR02
£1,60012/240.35 miHigh Street, Croydon, CR02
£1,75002/240.36 mi-2
£1,68003/240.36 mi-2
£1,70012/240.36 mi-2
£1,95003/250.36 mi-2
£1,85012/240.36 miHigh Street, Croydon, CR02
£1,60011/240.36 mi-2
£1,70002/240.37 mi-2
£2,60012/240.37 mi-2
£1,85001/250.37 mi-2
£1,70002/250.37 mi-2
£1,75004/250.38 mi-2
£1,95003/250.38 mi-2
£1,79902/240.38 mi-2
£1,80012/240.38 miBrand New Luxury Apartment2
£1,85012/240.38 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.38 miKindred House, 25 Scarbrook Road, Surrey, CR02

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.87 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £280,000

May 9, 2024

Floor Plans

Description

  • Share Of Freehold +
  • No Chain +
  • 2 Double Bedrooms +
  • Quiet Cul-De-Sac Area +
  • Garage, Communal Parking and Gardens +
  • Long Lease +
  • Great Public Transport +
  • Close to Shops, Bars and Restaurants +

SUMMARY
Viewing is the only way to fully appreciate this lovely Share Of Freehold 2 double bedroom purpose built apartment, which is located in a quiet cul-de-sac area called Beechfield Court, within easy distance to South Croydon station, bus routes, boutique shops, bars and restaurants of South End.

DESCRIPTION
The property has parking spaces (communal), a garage, landscaped communal gardens, and is in a small bespoke development with an entrance hallway, reception room, fitted kitchen, bathroom, 2 bedrooms, electric heating, double glazing, a long lease and is offered to the open market with no chain.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, South Croydon

020 3870 5042

Next Steps?

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