2 Bed Flat, Single Let, South Croydon, CR2 6JH, £215,000

St. Augustines Avenue, South Croydon, CR2 6JH - 2 views - 9 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~62 m²
+8 photos

ValuationUndervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~62.10 m²
Price/m²£3.5K/m²

Value Estimate

£264,450
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£7,650

Total Cash In

£61,400

 

 

Cash Out

 

Rent Range

£1,250 - £3,467

Rent Estimate

£1,275

Running Costs/mo

£947

Cashflow/mo

£328

Cashflow/yr

£3,938

ROI

6%

Gross Yield

7%

Local Sold Prices

43 sold prices from £223K to £437.5K, average is £297K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£297K11/200.14 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.14 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£437.5K12/200.15 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£321K06/210.16 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.16 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.16 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£325K08/210.23 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£423K11/200.28 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£285K12/210.33 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£223K07/230.4 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£305K01/230.51 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£295K09/210.55 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.55 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£270K05/230.56 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£262.5K06/230.57 mi538, Brighton Road, South Croydon, Greater London CR2 6AU2
£290K11/200.63 mi112, Kingsdown Avenue, South Croydon, Greater London CR2 6QH2
£345K05/230.65 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£315K12/200.66 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£286K12/220.66 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.66 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.67 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£368K05/230.7 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£280K02/210.71 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£250K08/210.73 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£327.5K11/200.8 mi24, Reddington Close, South Croydon, Greater London CR2 0QZ2
£330K01/230.8 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£306K12/200.8 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£285K06/210.8 mi666, Brighton Road, Purley, Greater London CR8 2BB2
£275K11/200.8 mi646, Brighton Road, Purley, Greater London CR8 2BB2
£248K07/230.8 mi648, Brighton Road, Purley, Greater London CR8 2BB2
£243K02/230.83 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£282.5K11/210.84 mi12, Wisley Court, South Croydon, Greater London CR2 0QY2
£293.5K02/230.87 mi27, Montana Close, South Croydon, Greater London CR2 0AT2
£294K04/230.88 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£305K01/210.92 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£273.1K12/220.92 mi30a, Purley Park Road, Purley, Greater London CR8 2BS2
£315K10/210.97 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/210.98 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£310K05/231 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/201 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/221 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/231 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£335K11/211 miFlat 20, Barrards Hall, Beech Avenue, South Croydon, Greater London CR2 0NL2

Local Rents

50 rents from £1.3K/mo to £3.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.08 mi-2
£1,50012/240.09 miHaling Park Road, South Croydon2
£1,55012/240.1 miHaling Park Road, South Croydon, CR22
£2,00012/240.13 miHaling Park Road, South Croydon, South Croydon2
£1,80012/240.14 miHaling Park Road, South Croydon2
£1,55012/240.14 miPampisford Road, South Croydon2
£1,40001/250.15 mi-2
£1,60012/240.15 miHaling Park Road, South Croydon2
£1,60012/240.16 miAvondale Road, SOUTH CROYDON2
£1,50012/240.16 mi-2
£1,50012/240.16 mi-2
£1,50012/240.16 mi-2
£1,35012/240.17 miSouth Croydon, Surrey2
£1,45004/250.18 mi-2
£1,85012/240.23 miBrighton Road, South Croydon, CR22
£1,60012/240.24 miOriana Court, South Croydon2
£1,60012/240.25 miPampisford Road, SOUTH CROYDON2
£1,85012/240.25 mi-2
£1,60012/240.27 miHaling Park Road, SOUTH CROYDON2
£1,25012/240.27 miSouth Croydon, Surrey2
£1,70012/240.27 miBrighton Road, South Croydon, Surrey2
£1,70003/250.28 mi-2
£1,50002/250.28 mi-2
£1,70012/240.29 miMansfield Road, South Croydon2
£1,60012/240.31 miBlenheim Park Road, South Croydon2
£1,75012/240.31 miJarvis Road, South Croydon2
£1,70002/240.31 mi-2
£3,46703/250.31 mi-2
£1,85012/240.31 mi-2
£1,60012/240.33 miChurchill Road, South Croydon, CR2 6HB2
£1,77512/240.34 miHelder Street, South Croydon, CR22
£1,75012/240.34 miHelder Street, South Croydon, CR22
£1,60011/240.35 mi-2
£1,50012/240.35 miHaling Road2
£1,50012/240.35 miBrighton Road, South Croydon, Surrey, CR22
£1,65002/240.36 mi-2
£1,75002/240.39 mi-2
£1,68003/240.39 mi-2
£1,70012/240.39 mi-2
£1,75012/240.41 mi-2
£1,75003/250.42 mi-2
£1,55012/240.42 miUpland Road, South Croydon2
£1,90012/240.43 mi-2
£1,80002/250.43 mi-2
£1,70001/250.43 mi-2
£1,70012/240.45 miSussex Road, South Croydon, CR22
£1,70003/240.45 mi-2
£1,65012/240.46 miSussex Road, South Croydon2
£1,70002/250.48 mi-2
£1,65012/240.48 miSt. Peters Street South Croydon CR22

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £215,000

September 26, 2024

Listed for £230,000

July 1, 2024

Floor Plans

Description

OPEN HOUSE

A two double bedroom apartment situated on the first floor of an attractive purpose built block. Offered to the market with no onward chain this property comprises of two bedrooms with en-suite to the master bedroom, three piece family bathroom, spacious lounge and fitted kitchen. This property does require some updating but this has been reflected in the price.
St. Augustines Avenue is located conveniently located for an array of local amenities including bus routes, shops, bars, restaurants and is within 0.6 miles of Sanderstead, South Croydon and Purley Oaks train stations.

Agent Details

Bairstow Eves, Croydon South

020 3835 6104

Next Steps?

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