3 Bed Flat, Single Let, CR7 7AL, £275,000

Marion Road, Thornton Heath, CR7 7AL - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 10%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£100K - £650K
Sold Prices/m²£3.4K/m² - £10.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£341,000
BMV24%

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

£1,745 - £3,750

Rent Estimate

£1,900

Running Costs/mo

£1,259

Cashflow/mo

£641

Cashflow/yr

£7,688

ROI

10%

Gross Yield

8%

Local Sold Prices

48 sold prices from £100K to £650K, average is £401.6K. £3.4K/m² to £10.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£422.5K05/230.12 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£267K03/210.29 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£286K06/210.38 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£530K10/220.41 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£280K05/210.48 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£330K03/230.63 mi132a, Melfort Road, Thornton Heath, Greater London CR7 7RP3
£345K06/210.69 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£320K02/230.73 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£580K12/210.77 mi71, Tennison Road, London, Greater London SE25 5RY3
£290K02/210.78 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£285K10/200.79 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/230.79 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£280K10/200.83 mi199, Mersham Road, Thornton Heath, Greater London CR7 8NU3
£255K06/230.86 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£354K11/210.87 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£362K07/230.93 mi63a, Stretton Road, Croydon, Greater London CR0 6ES3
£250K03/230.94 mi3b, Canterbury Road, Croydon, Greater London CR0 3PY3
£415K10/200.95 mi54, Birchanger Road, London, Greater London SE25 5BB3
£300K11/201.43 mi17, Priory Crescent, London, Greater London SE19 3ED3
£241.3K08/231.45 mi120, Auckland Road, London, Greater London SE19 2RP3
£445K06/211.48 mi9, The Woodlands, London, Greater London SE19 3EG3
£420K08/211.62 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/211.62 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£390K01/211.65 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/211.65 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/211.65 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£408.3K03/211.66 mi46, Samos Road, London, Greater London SE20 7TU3
£395K06/211.67 miFlat 15, Maberley Court, Maberley Crescent, London, Greater London SE19 2JG3
£435K09/231.69 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£445.5K12/201.7 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/211.7 mi40a, Samos Road, London, Greater London SE20 7TU3
£350K11/201.72 miFlat 10, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£292K05/211.72 miFlat 5, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£375K11/201.75 mi4a, Waldegrave Road, London, Greater London SE19 2AJ3
£650K02/211.75 mi55a, Central Hill, London, Greater London SE19 1BS3
£100K06/231.76 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£570K08/211.77 miFlat A, 85, Anerley Road, London, Greater London SE20 8AU3
£425K11/201.77 mi27a, Worbeck Road, London, Greater London SE20 7SW3
£365K09/211.89 mi31, Cornish Grove, London, Greater London SE20 8RB3
£528K02/231.9 mi29, Castledine Road, London, Greater London SE20 8PL3
£640K12/201.95 miGround And First Floor Flat, 39, Woodland Road, London, Greater London SE19 1NU3
£355K11/211.96 mi23, Trenholme Terrace, London, Greater London SE20 8PW3
£517.5K07/231.97 mi77, Durning Road, London, Greater London SE19 1JS3
£535K02/211.98 mi49d, Anerley Park, London, Greater London SE20 8NQ3
£625K11/201.98 mi34b, Jasper Road, London, Greater London SE19 1SH3
£500K04/211.99 mi44b, Jasper Road, London, Greater London SE19 1SH3
£412K06/231.99 mi16, Gibbs Square, London, Greater London SE19 1JN3
£412K06/231.99 mi16, Gibbs Square, London, Greater London SE19 1JN3

Local Rents

50 rents from £1.7K/mo to £3.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,10003/240.16 miZion Road, Thornton Heath, Surrey, CR73
£1,90003/240.16 miZion Road, Thornton Heath, CR73
£2,20012/240.19 mi-3
£2,04003/250.21 mi-3
£2,40005/240.21 mi-3
£2,40004/240.21 miGilsland Road, Thornton Heath, CR73
£1,99901/250.22 mi-3
£1,74502/250.22 mi-3
£2,20012/240.24 mi-3
£2,20003/240.24 miTalbot Road, THORNTON HEATH3
£2,30001/250.25 mi-3
£2,10004/240.25 miBensham Manor Road, CR73
£2,85002/240.25 mi-3
£3,00005/240.25 mi-3
£2,75012/240.25 mi-3
£3,75012/240.25 mi-3
£2,80012/240.25 mi-3
£2,70002/250.25 mi-3
£2,00008/240.26 mi-3
£2,20005/240.26 miTalbot Road, Thornton Heath, CR73
£2,30003/240.27 miKynaston Avenue , CR73
£2,30003/240.27 miKynaston Avenue , CR73
£2,30003/240.27 miKynaston Avenue , CR7 7BW3
£2,30004/240.27 miKynaston Avenue , CR7 7BW3
£2,00008/240.27 miSouth Norwood, London, SE253
£2,00001/250.27 mi-3
£1,95009/240.27 mi-3
£2,15012/240.27 miCoppice Yard, Bell Foundry Close, Croydon, CR03
£1,90002/240.28 mi-3
£2,10004/240.3 miGeneva Road, Thornton Heath, Surrey, CR73
£2,10003/240.3 miBerne Road, Thornton Heath, CR73
£2,00012/240.31 miPrincess Road, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,30012/240.31 miCoppice Yard, Croydon, CR03
£2,10003/250.32 mi-3
£1,99511/240.33 mi-3
£2,15003/240.34 miBennington Close, Thornton Heath, CR73
£2,50002/250.35 mi-3
£1,95008/240.37 mi-3
£2,50012/240.42 mi-3
£2,20012/240.42 miBeaconsfield Road3
£2,20002/240.42 mi-3
£2,00002/250.44 mi-3
£2,00003/240.44 miLakehall Road, Thornton Heath, CR73
£2,00003/240.45 mi-3
£2,00005/240.45 mi-3

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £275,000

August 6, 2024

Floor Plans

Description

  • Three double bedroom +
  • Thornton heath and Selhurst train station +
  • London Bridge and London Victoria +
  • location for commuters +
  • balcony and communal gardens +
  • NO CHAIN +

Guide price £275,000 - £300,000 Haart is proud to present to the market this spacious three-bedroom mid-floor flat, conveniently located just a short walk from Selhurst Train Station and Thornton Heath Train Station. These stations provide easy access to both London Bridge and London Victoria, making it an ideal location for commuters.

The property is also near a variety of local amenities on the High Street, with additional shopping and dining options available at the nearby Crystal Palace Triangle. Mayday University Hospital is also close by, offering convenience for healthcare needs.

The accommodation comprises: Hallway, fitted kitchen, lounge, three bedrooms and a modern bathroom with separate W/C. Externally the property benefits from a private balcony other Benefits include gas central heating and double glazing . This is a perfect first time buyer or buy to let investment.

Agent Details

haart, Thornton Heath

020 3909 8975

Next Steps?

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