3 Bed Terraced House, Refurb/BRRR, Croydon, CR0 9JA, £300,000

Woodpecker Mount , Forestdale , CR0 9JA - 9 views - 9 months ago

Sold STC
Refurb/BRRR
~93 m²
+13 photos

ValuationFair Value

Sold Prices£350K - £585K
Sold Prices/m²£3.2K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£306,000

 

 

End Value (After Refurb)

£489,432

Uplift in Value

+63%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£49,155

Bridging Loan Interest

£7,875

Total Cash In

£146,480

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£489,432

Agent Fees (1%)

£4,894

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£113,058

Local Sold Prices

50 sold prices from £350K to £585K, average is £450K. £3.2K/m² to £7.5K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£420K03/210.17 mi49, Farnborough Crescent, South Croydon, Greater London CR2 8HA3
£399.9K03/230.18 mi26, Charlwood, Croydon, Greater London CR0 9AT3
£385K08/210.27 mi9, Copse View, South Croydon, Greater London CR2 8HL3
£390K07/230.27 mi11, Copse View, South Croydon, Greater London CR2 8HL3
£585K03/210.29 mi26, Featherbed Lane, Croydon, Greater London CR0 9AE3
£352K05/210.3 mi37, Lomond Gardens, South Croydon, Greater London CR2 8EQ3
£495K06/210.3 mi22, Rawlins Close, South Croydon, Greater London CR2 8JR3
£380K04/230.31 mi50, Farnborough Avenue, South Croydon, Greater London CR2 8HD3
£485K12/220.32 mi30, Quail Gardens, South Croydon, Greater London CR2 8TF3
£525K06/210.35 mi7, Peacock Gardens, South Croydon, Greater London CR2 8TE3
£535K05/230.36 mi6, Quail Gardens, South Croydon, Greater London CR2 8TF3
£430K06/210.36 mi1, Herondale, South Croydon, Greater London CR2 8SN3
£525K02/210.36 mi1 Waterworks Cottages, Featherbed Lane, Croydon, Greater London CR0 9AA3
£540K07/230.36 mi4 Waterworks Cottages, Featherbed Lane, Croydon, Greater London CR0 9AA3
£585K12/220.37 mi64, Crossways, South Croydon, Greater London CR2 8JN3
£420K04/210.37 mi23, Broadcoombe, South Croydon, Greater London CR2 8HX3
£485K02/210.38 mi10, Crossways, South Croydon, Greater London CR2 8JL3
£496K11/210.38 mi26, Crossways, South Croydon, Greater London CR2 8JL3
£495K09/210.39 mi42, Crossways, South Croydon, Greater London CR2 8JN3
£392K11/200.4 mi3, Osprey Gardens, South Croydon, Greater London CR2 8TB3
£523K04/230.41 mi119, Falconwood Road, Croydon, Greater London CR0 9BF3
£472.5K03/210.41 mi70, Falconwood Road, Croydon, Greater London CR0 9BD3
£500K03/230.41 mi80, Falconwood Road, Croydon, Greater London CR0 9BD3
£460K06/230.42 mi12, Lichfield Way, South Croydon, Greater London CR2 8SD3
£500K05/210.43 mi10, Huntingfield, Croydon, Greater London CR0 9BA3
£392K04/210.44 mi1, Wagtail Gardens, South Croydon, Greater London CR2 8TA3
£496K07/210.45 mi8, Falconwood Road, Croydon, Greater London CR0 9BB3
£400K06/210.45 mi27, Ambleside Gardens, South Croydon, Greater London CR2 8SE3
£425K04/210.47 mi17, Bruce Drive, South Croydon, Greater London CR2 8SL3
£417K01/210.47 mi16, Bruce Drive, South Croydon, Greater London CR2 8SL3
£420K10/210.48 mi18, Kingfisher Gardens, South Croydon, Greater London CR2 8QZ3
£445K12/220.48 mi53, Greville Avenue, South Croydon, Greater London CR2 8NN3
£425K05/210.5 mi42, Greville Avenue, South Croydon, Greater London CR2 8NL3
£445K11/200.5 mi46, Greville Avenue, South Croydon, Greater London CR2 8NL3
£438K02/210.51 mi1, York Road, South Croydon, Greater London CR2 8NR3
£350K02/210.52 mi30, Warren Avenue, South Croydon, Greater London CR2 8HU3
£540K06/210.53 mi272, Addington Road, South Croydon, Greater London CR2 8LF3
£425K02/210.53 mi8, Shepherds Way, South Croydon, Greater London CR2 8HS3
£485K01/230.53 mi243, Addington Road, South Croydon, Greater London CR2 8LR3
£428.5K08/210.54 mi34, Mallard Road, South Croydon, Greater London CR2 8PY3
£380K03/210.57 mi75, Broadcoombe, South Croydon, Greater London CR2 8HR3
£425K03/230.57 mi85, Broadcoombe, South Croydon, Greater London CR2 8HR3
£414.5K03/210.57 mi35, Abbey Road, South Croydon, Greater London CR2 8NJ3
£505K11/210.59 mi1, Kingsway Avenue, South Croydon, Greater London CR2 8NF3
£455K01/210.6 mi21, Ingham Road, South Croydon, Greater London CR2 8LT3
£392.5K12/200.6 mi10, Ingham Road, South Croydon, Greater London CR2 8LT3
£510K02/210.6 mi28, Ingham Road, South Croydon, Greater London CR2 8LT3
£510K01/230.6 mi44, Ingham Road, South Croydon, Greater London CR2 8LT3
£515K05/210.61 mi56, Abbey Road, South Croydon, Greater London CR2 8NG3
£529K04/230.63 mi52, Albatross Gardens, Selsdon, South Croydon, Greater London CR2 8QX3

Local Rents

10 rents from £1.6K/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70011/230.03 mi-3
£1,70002/240.03 mi-3
£1,90002/250.04 mi-3
£2,00002/240.08 mi-3
£2,10010/240.11 mi-3
£1,85002/240.11 mi-3
£2,05003/250.14 mi-3
£1,60012/240.18 miBowens Wood, Forestdale, Croydon, Surrey, CR03
£2,35002/250.58 mi-3
£2,20012/240.59 miGravel Hill Croydon CR03

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £300,000

June 21, 2024

Floor Plans

Description

  • 3 Bedroom House +
  • Complete Renovation Required! +
  • Mid Terrace +
  • No Chain +
  • Garage +
  • Desirable Residential Setting +
  • Close to Transport Links +
  • Call us Now! +

Enjoying a cul de sac setting in the popular Forestdale area - on the edge of the Surrey countryside, yet within easy reach of Croydon Town Centre - this 3 bedroom house requires complete renovation.

The property affords an entrance lobby, a large reception room leading to a dining room with open-plan kitchen, upstairs landing, two double bedrooms plus a good sized third bedroom, a bathroom/wc and benefits from gas heating together with double glazing. Externally there is a small garden at the rear and a garage en bloc.

Available from September ! call the Landlord's sole letting agent Martin & Co now for an appointment to view!

Agent Details

Martin & Co, Croydon

020 8688 8565

Next Steps?

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