2 Bed Flat, Single Let, Croydon, CR0 6AP, £275,000

Ashburton Road, Addiscombe, CR0 6AP - 2 views - 10 months ago

BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£200K - £660K
Sold Prices/m²£2.5K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£305,336
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,250 - £2,400

Rent Estimate

£1,400

Running Costs/mo

£1,159

Cashflow/mo

£241

Cashflow/yr

£2,888

ROI

4%

Gross Yield

6%

Local Sold Prices

40 sold prices from £200K to £660K, average is £299.8K. £2.5K/m² to £6.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£260K06/210.07 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£282.5K06/230.16 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£660K06/210.19 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£248K04/210.3 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£300K04/230.33 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£275K11/210.39 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£375K02/230.42 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£343K09/210.43 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.43 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£335K10/210.43 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.43 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£340K02/210.46 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£299.5K10/210.46 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£367.5K09/210.46 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£257K08/210.48 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.48 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.49 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£329.2K06/210.49 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£327K12/200.5 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£320K12/200.5 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£255K07/230.55 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£334K07/230.56 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£375K03/210.61 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£337.5K12/200.61 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£326K09/210.63 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£352K06/210.66 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£292.5K02/230.67 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£270K08/230.77 mi60, Manning Gardens, Croydon, Greater London CR0 7DU2
£265K11/200.77 mi39, Manning Gardens, Croydon, Greater London CR0 7DU2
£280K02/210.77 mi66, Manning Gardens, Croydon, Greater London CR0 7DU2
£260K02/210.77 mi58, Woodside Green, London, Greater London SE25 5EU2
£262K03/210.78 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.78 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£200K06/210.86 mi7, Coe Avenue, London, Greater London SE25 5HN2
£245K12/210.88 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£310K05/230.93 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.93 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.93 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.93 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£345K03/211 mi197, Woodside Green, London, Greater London SE25 5EN2

Local Rents

51 rents from £1.3K/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40012/240 miAshburton Road, Addiscombe2
£1,40012/240.01 miCollege Court 2
£1,77712/240.02 mi-2
£1,60012/240.06 miOutram Road, Croydon, CR02
£1,50012/240.07 miAddiscombe Road, Croydon2
£1,45012/240.07 miAddiscombe Road, Croydon, CR02
£2,30004/250.07 mi-2
£2,30003/250.07 mi-2
£1,50012/240.07 miOutram Road, CR02
£1,59502/240.09 mi-2
£1,59502/240.09 mi-2
£1,55012/240.09 miAshburton Road, Croydon, Surrey, CR02
£1,60012/240.1 miAddiscombe Road, Croydon, CR02
£1,53002/250.1 mi-2
£1,40004/250.1 mi-2
£1,55012/240.12 mi2 Bedroom Flat To Let in Croydon2
£1,60002/250.13 mi-2
£1,32512/240.14 miHavelock Road, Croydon, CR02
£1,55012/240.14 miSt. Davids Court, 100 Outram Road, Croydon, CR02
£1,25002/250.16 mi-2
£1,55012/240.16 miCecil Court, Addiscombe Road, Croydon, CR02
£1,55002/250.16 mi-2
£1,55002/250.16 mi-2
£1,55002/250.16 mi-2
£1,55002/250.16 mi-2
£1,55002/250.16 mi-2
£1,55002/250.16 mi-2
£1,55003/250.16 mi-2
£1,70003/250.17 mi-2
£1,60012/240.19 miHamilton Court, 66 Ashburton Road, Croydon, CR02
£1,39512/240.19 miLynden Hyrst, East Croydon2
£1,60012/240.19 miLynden Hyrst, Addiscombe Road2
£1,60012/240.19 miElgin Road, Croydon, CR02
£1,50012/240.22 miSullivan Court, Croydon, Surrey, CR02
£1,70002/240.22 mi-2
£1,55012/240.22 miLower Addiscombe Road, Addiscombe, CR02
£1,65002/250.22 mi-2
£1,60012/240.23 miAddiscombe Road, Croydon, CR02
£1,85002/250.23 mi-2
£2,10003/250.24 mi-2
£1,85012/240.24 miRadcliffe Road, East Croydon2
£1,50012/240.25 miLower Addiscombe Road, Croydon, Surrey, CR02
£1,85001/250.26 mi-2
£2,40004/250.28 mi-2
£1,40002/250.29 mi-2
£1,29502/250.29 mi-2
£1,45012/240.29 mi-2
£1,40012/240.3 mi135 Addiscombe Road, Croydon, CR0 6SJ2
£1,60012/240.3 miBishops Court, Croydon Croydon CR02
£1,50002/250.3 mi-2
£1,55012/240.32 miGrant Road, Croydon, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.47 miles away

Nearest school

0.50 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £275,000

June 20, 2024

Floor Plans

Description

  • Two double bedrooms +
  • Popular residential road +
  • Communal gardens +
  • Garage +
  • Excellent transport links into The City +
  • EPC rating: TBC +

Located on one of the most sought after residential roads in the heart of East Croydon is this wonderful two bedroom ground floor flat.

Light airy throughout, the property has been lovingly cared for by the current owner and benefits from an impressive 642 sq. ft. of modern-day living space. This stunning home, suitable for both a first-time buyer or buy-to-let investor alike, briefly comprises; two well-proportioned double bedrooms, immaculate modern fitted kitchen separate to the spacious reception room and a contemporary bathroom suite. Further benefits to the property are, offered chain free, garage and stunning communal gardens.

Ashburton Road is ideal for anybody requiring access into The City due its proximity to East Croydon station and Sandilands trams stop. Trains from East Croydon station will take you into The City and beyond; you can travel to pretty much anywhere else in the world in the opposite direction, via the direct train services to Gatwick Airport.

In addition to the excellent transport links, a wide array of popular local amenities is nearby on the thriving Lower Addiscombe Road, including a traditional butcher, florist, and greengrocer along with all the essential local amenities.

Ashburton Road is also perfectly positioned to enjoy all that Croydon has to offer. The town centre is nearby and is home to House of Fraser, Marks and Spencer and many other popular retail outfits. Boxpark is situated close by and is packed with effervescent local residents and commuters devouring tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises.

We thoroughly recommend contacting us at the earliest opportunity to avoid disappointment.

Agent Details

Oaks Estate Agents, Croydon

020 3910 6448

Next Steps?

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