2 Bed Flat, Single Let, Croydon, CR0 2BQ, £365,000

Gladstone Road, East Croydon, CR0 2BQ - a year ago

Sold STC
Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£200K - £660K
Sold Prices/m²£2.5K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.4K/m²

Value Estimate

£299,584

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£17,900

Total Cash In

£109,150

 

 

Cash Out

 

Rent Range

£1,300 - £3,400

Rent Estimate

£1,456

Running Costs/mo

£1,452

Cashflow/mo

£4

Cashflow/yr

£50

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £660K, average is £286.5K. £2.5K/m² to £6.1K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£294K03/230.16 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£352K06/210.26 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£320K12/220.38 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£298K01/230.38 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£295K11/210.42 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£262K03/210.43 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.43 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£220K03/230.44 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£334K07/230.45 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£337.5K12/200.47 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£275K11/210.52 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£265K08/210.53 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£329.2K06/210.56 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£257K08/210.56 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.56 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.56 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£300K04/230.56 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£346K01/210.57 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£290K07/230.59 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.59 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£248K04/210.65 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£295K12/220.65 mi63b, Saxon Road, London, Greater London SE25 5EH2
£299.5K10/210.68 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£280K08/210.7 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£326K09/210.7 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£282.5K06/230.73 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£215K04/210.74 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£288K02/210.74 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£320K12/200.75 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£290K06/230.75 mi84, Watson Place, London, Greater London SE25 5FA2
£292.5K02/230.75 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.78 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£245K12/210.78 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£260K06/210.82 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£660K06/210.83 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£280K06/210.84 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£335K10/210.85 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.85 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£280K01/210.85 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£200K06/210.88 mi7, Coe Avenue, London, Greater London SE25 5HN2
£286K05/230.9 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£235K02/230.91 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£245K03/230.91 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£260K02/210.91 mi58, Woodside Green, London, Greater London SE25 5EU2
£375K02/230.93 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£255K03/230.94 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£328.8K02/230.97 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£340K02/210.98 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£270K02/230.98 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£240K07/230.98 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2

Local Rents

50 rents from £1.3K/mo to £3.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,89702/240.07 mi-2
£2,99912/240.07 mi-2
£2,99912/240.07 mi-2
£2,59903/250.07 mi-2
£1,40012/240.08 miGloucester Road, Croydon, CR02
£1,60001/250.1 mi-2
£1,85002/250.1 mi-2
£1,45012/240.11 miSydenham Road, Croydon2
£2,60012/240.13 mi-2
£3,20001/250.14 mi-2
£2,40004/240.14 mi-2
£2,50002/250.14 mi-2
£1,65012/240.16 miNoel Court, 23 Grenaby Road, Croydon, CR02
£2,00012/240.17 miDavidson Road, CROYDON2
£1,65012/240.17 miGrenaby Road, East Croydon2
£1,70004/250.18 mi-2
£1,89502/250.19 mi-2
£1,55012/240.19 miDavidson Road, Croydon, CR02
£1,50012/240.23 miSt James Road, Croydon, CR02
£1,80012/240.23 mi-2
£1,50012/240.23 miAlexandra Road, Croydon, Surrey, CR02
£1,55012/240.23 miAlexandra Road, CROYDON2
£1,72501/250.24 mi-2
£1,70003/250.24 mi-2
£1,55012/240.24 miAlexandra Road, Croydon2
£1,30012/240.25 mi Lansdowne Road, Croydon2
£1,75012/240.25 mi-2
£1,67502/250.25 mi-2
£1,75012/240.25 miSolar Court, Croydon, CR02
£1,60012/240.26 mi-2
£3,40003/250.26 mi-2
£1,75012/240.26 miSydenham Road, Croydon, CR02
£1,75012/240.26 miSydenham Road, Croydon2
£1,65012/240.26 miChartwell Close, Tavistock Road2
£1,45012/240.27 mi-2
£1,75002/240.27 mi-2
£1,75003/250.27 mi-2
£1,45003/240.28 mi-2
£1,50003/250.29 mi-2
£2,50003/250.29 mi-2
£1,75012/240.29 miWhitehorse Road, Croydon, London, CR02
£1,80001/250.29 mi-2
£1,62512/240.29 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,75012/240.29 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,65002/250.29 mi-2
£1,70004/250.3 mi-2
£1,50012/240.3 mi-2
£1,40012/240.3 miLansdown Road, East Croydon, CR02
£1,69503/250.31 mi-2
£1,80012/240.31 miTavistock Road, Croydon2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £365,000

May 20, 2024

Floor Plans

Description

  • Large Private garden +
  • Two large double bedrooms +
  • Large annex studio +
  • Off street parking +
  • Excellent transport links into The City +
  • EPC rating: C +

Oaks Estate Agents are delighted to present to the market this stunning two-bedroom garden flat which is situated on a well-regarded popular road close to East Croydon station.

Gladstone Road benefits from spacious living space, comprising; two large double bedrooms, contemporary four piece family bathroom, spacious modern fitted kitchen/reception, and ample storage space throughout.

The property also benefits from having its own 80 sq. ft. private landscaped garden with a large annex to the rear that has been designed to the highest of standards with lighting and electric ideal for a home office or gym. The property also boasts off street parking, being in great condition, brilliant transport links and being one of the biggest in the area.

This superb home would suit any commuter requiring access into The City due its close proximity to East Croydon station and a number of local tram stops and popular bus routes.
In addition to the excellent transportation, Croydon town centre is close by and so is Lower Addiscombe Road, a thriving high street offering a wide array of well-regarded local amenities including a traditional butcher, greengrocer, florist and all your usual supermarkets.

With demand naturally expected to be high, we thoroughly recommend an internal viewing to avoid disappointment and to fully comprehend just how stunning this home really is.

Agent Details

Oaks Estate Agents, Croydon

020 3910 6448

Next Steps?

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