4 Bed Detached House, Refurb/BRRR, South Croydon, CR2 7AT, £800,000

29 Harewood Road, South Croydon, Surrey CR2 7AT - 3 views - a year ago

Refurb/BRRR
Planning
~153 m²
+12 photos

ValuationFair Value

Sold Prices£400K - £1.1M
Sold Prices/m²£3.4K/m² - £8.2K/m²

 

 

Square Metres

~153.10 m²
Price/m²£5.2K/m²

Value Estimate

£787,753

 

 

End Value (After Refurb)

£732,889

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£68,700

Refurb Costs

£81,017

Bridging Loan Interest

£21,000

Total Cash In

£372,467

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£732,889

Mortgage (After Refinance)

£549,667

Mortgage LTV

75%

Cash Left In

£372,467

Equity

£183,222

Rent Range

£1,700 - £8,333

Rent Estimate

£2,978

Running Costs/mo

£2,906

Cashflow/mo

£72

Cashflow/yr

£865

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £400K to £1.1M, average is £691.3K. £3.4K/m² to £8.2K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£882K05/230.07 miCorner Ways, Hurst Way, South Croydon, Greater London CR2 7AP4
£1.1M03/230.07 miThe Moorings, 24, Hurst Way, South Croydon, Greater London CR2 7AP4
£775K09/210.1 mi10, Croham Close, South Croydon, Greater London CR2 0DA4
£850.5K02/210.15 mi40, Croham Manor Road, South Croydon, Greater London CR2 7BE4
£930K12/220.16 mi68, Croham Manor Road, South Croydon, Greater London CR2 7BF4
£950K11/200.22 mi83a, Croham Manor Road, South Croydon, Greater London CR2 7BH4
£890K02/210.26 mi23, Manor Way, South Croydon, Greater London CR2 7BT4
£910K02/210.28 mi434, Selsdon Road, South Croydon, Greater London CR2 0DF4
£997.6K11/220.28 mi18, Manor Way, South Croydon, Greater London CR2 7BR4
£400K11/200.3 mi18, Chelsham Road, South Croydon, Greater London CR2 6HY4
£400K11/200.3 mi18, Chelsham Road, South Croydon, Greater London CR2 6HY4
£460K03/230.32 mi303, Selsdon Road, South Croydon, Greater London CR2 6PS4
£513K11/220.35 mi43, Newark Road, South Croydon, Greater London CR2 6HR4
£419K10/200.35 mi59, Newark Road, South Croydon, Greater London CR2 6HR4
£400K12/200.46 mi6, Croham Road, South Croydon, Greater London CR2 7BA4
£935K10/210.46 mi15, Sandhurst Close, South Croydon, Greater London CR2 0AD4
£492.5K07/210.51 mi21, Avondale Road, South Croydon, Greater London CR2 6JE4
£550K07/230.51 mi2a, Broomhall Road, South Croydon, Greater London CR2 0PX4
£1.0M12/220.53 mi11, Witherby Close, Croydon, Greater London CR0 5SU4
£1.1M10/220.53 mi5, Witherby Close, Croydon, Greater London CR0 5SU4
£910K06/210.53 mi35, West Hill, South Croydon, Greater London CR2 0SB4
£675K03/210.54 mi229, Upper Selsdon Road, South Croydon, Greater London CR2 0DZ4
£757.4K02/230.55 mi48, Croham Park Avenue, South Croydon, Greater London CR2 7HL4
£707.1K02/210.56 mi44, Castlemaine Avenue, South Croydon, Greater London CR2 7HR4
£750K01/230.57 mi26, Haling Park Road, South Croydon, Greater London CR2 6NE4
£885K11/200.59 mi23, Barnfield Road, South Croydon, Greater London CR2 0EZ4
£700K09/210.63 mi6, South Park Hill Road, South Croydon, Greater London CR2 7DU4
£687.5K01/230.64 mi12, Blenheim Park Road, South Croydon, Greater London CR2 6BB4
£675K03/230.64 mi8, Rutland Gardens, Croydon, Greater London CR0 5ST4
£755K06/230.65 mi11, Dittoncroft Close, Croydon, Greater London CR0 5SL4
£608K03/210.66 mi10, Kirkly Close, South Croydon, Greater London CR2 0ET4
£722K06/210.66 mi55, Elmfield Way, South Croydon, Greater London CR2 0EJ4
£782.5K12/220.69 mi21, Wisborough Road, South Croydon, Greater London CR2 0DR4
£515K03/230.7 mi5, Hunters Way, Croydon, Greater London CR0 5JJ4
£550K12/200.72 mi31, Edgar Road, South Croydon, Greater London CR2 0NJ4
£665.6K12/220.74 mi16, Aberdeen Road, Croydon, Greater London CR0 1EQ4
£695K09/210.74 mi51, Croham Valley Road, South Croydon, Greater London CR2 7JG4
£460K06/230.76 mi20, Chichele Gardens, Croydon, Greater London CR0 5GT4
£560K11/220.77 mi12, Minster Drive, Croydon, Greater London CR0 5UP4
£585.5K12/220.79 mi39, Grange Road, South Croydon, Greater London CR2 0NE4
£840K11/200.79 mi59, Arkwright Road, South Croydon, Greater London CR2 0LP4
£540K04/230.8 mi10, Purley Oaks Road, South Croydon, Greater London CR2 0NP4
£707.5K02/210.81 mi40, Brownlow Road, Croydon, Greater London CR0 5JT4
£590K06/210.82 mi50, Ballards Way, South Croydon, Greater London CR2 7JL4
£640K03/210.82 mi16, Ballards Way, South Croydon, Greater London CR2 7JL4
£680K06/230.82 mi42, Ballards Way, South Croydon, Greater London CR2 7JL4
£500K12/200.83 mi55, Ballards Way, South Croydon, Greater London CR2 7JP4
£751K04/230.83 mi61, Ballards Way, South Croydon, Greater London CR2 7JP4
£540K04/210.83 mi4, Merlin Close, Croydon, Greater London CR0 5UQ4
£480K02/210.83 mi194a, Pampisford Road, South Croydon, Greater London CR2 6DB4

Local Rents

34 rents from £1.7K/mo to £8.3K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£3,90003/250.15 mi-5
£2,50012/240.23 mi-4
£3,25012/240.28 miManor Way South Croydon CR25
£2,20012/240.28 mi-3
£2,20012/240.28 miChelsham Road, South Croydon, CR23
£2,50001/250.32 mi-4
£1,80012/240.32 miSunnynook Gardens, Croydon, CR23
£4,00012/240.33 miDornton Road, South Croydon, CR26
£4,00012/240.33 miDornton Road5
£2,67511/240.33 mi-4
£2,50012/240.33 mi-4
£2,50012/240.33 miCroham Road, South Croydon, CR24
£4,00012/240.35 miDornton Road, South Croydon, CR25
£2,95012/240.35 miManor Way, South Croydon4
£1,80012/240.36 miJarvis Road, South Croydon3
£1,80012/240.36 miJarvis Road, South Croydon3
£2,44903/250.41 mi-3
£4,80001/250.44 mi-5
£2,60012/240.44 miBrighton Road, South Croydon, CR24
£3,15012/240.46 miSouth Croydon, CR25
£2,07004/250.46 mi-3
£4,30012/240.49 mi6 Elmfield Way CR2 0ED5
£1,70012/240.49 miAvondale Road, SOUTH CROYDON3
£2,15012/240.52 miElmfield Way, South Croydon3
£3,50002/250.52 mi-5
£8,33312/240.52 mi-9
£2,95012/240.54 miTrinity Close, CR34
£1,90012/240.56 miCampion Close, Croydon, CR03
£1,90012/240.56 mi-3
£1,90012/240.56 miCampion Close, Croydon, Surrey, CR03
£2,10004/250.58 mi-3
£2,20012/240.59 miSouth Park Hill Road, SOUTH CROYDON3
£2,35001/250.59 mi-3
£4,00002/250.6 mi-5

Local Area Statistics

Population in CR2

48,427

Town centre distance

0.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £800,000

May 14, 2024

Floor Plans

Description

  • Corner Plot +
  • Quiet South Croydon Location +
  • Walking Distance of Stations +
  • In Need of Modernisation +
  • Original Features +
  • Single Garage +
  • Off Road Parking +

An opportunity to acquire this 4 bedroom, 3 reception room detached residence, situated on a corner plot opposite St Emmanuel’s Church in this highly sought after, quiet tree lined road, within easy reach of both South Croydon and Sanderstead railway stations. Offered for sale now requiring upgrading and modernisation, giving scope to extend, being a corner plot, subject to the necessary planning permissions. Built in 1928 as the Vicar’s residence, this pretty brick built home over two floors, with many rooms offering double aspect windows to take full advantage of this sunny South East facing plot. The spacious entrance hall has a lobby with downstairs cloakroom and coats cupboard off, opening up to a recent size hallway with all rooms leading off. The lounge has french doors to the rear garden and fireplace. The separate dining room overlooks the rear garden with two built in cupboards. The kitchen/breakfast room has a door to a handy covered area leading to the single garage, front and rear gardens. Fitted with a range of base and wall units with space and plumbing for a washing machine and tumble dryer. To complete the downstairs accommodation there is a decent size double aspect study with a brick exposed fireplace. Rising to the first floor via the dog leg staircase, you will find four bedrooms. The principle bedroom offers a range of built in wardrobe cupboards with sliding mirrored doors. The family bathroom services the bedrooms and is fitted with a panelled bath, separate shower cubicle, wc and sink unit. Access to a large loft space with retractable ladder. OUTSIDE The gardens are a particular feature of the property, being a corner plot with levels lawns to the rear and the side aspect. Hedging to boundaries, flower beds and mature trees and shrubs. The front garden offers a level lawn area, a door to a covered area leading to the kitchen and rear garden, a driveway for off road parking leading to a SINGLE GARAGE with up and over door, power and light.

EPC Rating: E

Agent Details

Fine & Country Woldingham, Oxted and Purley, Woldingham

01883 771141

Next Steps?

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