2 Bed Flat, Single Let, South Croydon, CR2 6LT, £350,000

26 Bramley Hill, South Croydon, CR2, CR2 6LT - 1 views - 9 months ago

Sold STC
Leasehold
BTL
~86 m²
+10 photos

ValuationUndervalued

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

 

 

Square Metres

~86.40 m²
Price/m²£4.1K/m²

Value Estimate

£415,595
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,600

Rent Estimate

£1,450

Running Costs/mo

£1,404

Cashflow/mo

£46

Cashflow/yr

£555

ROI

0%

Gross Yield

5%

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
£345K05/230.08 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£248K04/230.08 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£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
£306K12/200.36 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£223K07/230.36 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£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
£437.5K12/200.71 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£315K10/210.73 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/210.74 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
£326K09/210.89 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
£285K12/210.92 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
£1,60012/240.07 mi-2
£2,50002/250.07 mi-2
£1,55012/240.07 miSouth Croydon, Surrey, CR22
£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
£1,99902/240.21 mi-2
£1,99902/240.21 mi-2
£1,99912/240.21 miKeens Road, Croydon, CR02
£1,60012/240.21 miFairhaven Court, Warham Road, South Croydon2
£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
£1,60012/240.28 miBrighton Road, SOUTH CROYDON2
£1,70001/250.28 mi-2
£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
£1,75003/250.32 mi-2
£1,35003/250.32 mi-2
£1,70003/240.33 mi-2
£1,75012/240.33 miHeathfield Rd, Croydon, CR02
£1,60012/240.35 miHigh Street, Croydon, CR02
£1,95003/250.35 mi-2
£1,85012/240.36 miHigh Street, Croydon, CR02
£1,75002/240.36 mi-2
£1,68003/240.36 mi-2
£1,70012/240.36 mi-2
£1,60011/240.36 mi-2
£1,70002/240.36 mi-2
£2,60012/240.37 mi-2
£1,85001/250.37 mi-2
£1,70002/250.37 mi-2
£1,95003/250.38 mi-2
£1,75004/250.38 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 £350,000

June 28, 2024

Floor Plans

Description

  • Stunning Two Double Bedroom First Floor Apartment +
  • Impressive Period Property In Popular Location +
  • Character Appeal And Stylish Interiors +
  • Beautiful Dual Aspect Reception Room +
  • Very Large Principal Bedroom +
  • Separate Well Equipped Kitchen +
  • Off Street Parking +
  • Share Of Freehold And No Chain +
  • Easy Access South And East Croydon Stations +
  • Town Centre Amenities Close-By +

The Property
GUIDE PRICE £350,000 - £360,000

Stunning two double bedroom first floor apartment, set within an impressive period property in a popular South Croydon location, boasting off street parking, share of freehold and no onward chain. The property offers a wealth of period appeal with bright and spacious accommodation complimented by high ceilings and original features, sympathetically enhanced with stylish interiors and high quality finish. Features include a breath-taking dual aspect reception room, expansive dual aspect principal bedroom, well equipped kitchen, modern bathroom, ample inbuilt storage, quality floor coverings, gas central heating and elegant decor.

Accommodation comprises entrance hall with inbuilt storage, leading into the beautiful reception room with tall front aspect bay and ample space for relaxing, entertaining and dining. The separate kitchen comprises a modern range of matching wall and base units with work surfaces and tiled splash-back, incorporating inset sink unit, gas hob with overhead extractor and electric oven below, and further space for appliances. There are two well sized double bedrooms - including a very large dual aspect principal bedroom - plus a stylish family bathroom with white three piece suite, additional benefits include allocated parking space.

The property is superbly located within easy access of both South and East Croydon stations, each offering superb connections into Central London, Gatwick and the South Coast. Croydon town centre is within easy reach providing an array of shops and amenities, as well as leisure facilities including a cinema complex. The area is also well served by excellent schools and open spaces.

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Lease Information
We understand the property is offered to the market with share of the freehold with lease of 199 years from 1 March 1974. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
We understand the service charge is £80 per month with £1 (peppercorn) ground rent per annum. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 01/03/2173

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Croydon

020 3840 3596

Next Steps?

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