2 Bed Flat, Single Let, CR8 2JY £300,000

Lister Court, 28 Godstone Road, Purley, CR8 2JY - 6 views - a year ago
Sold STC
BTL
ROI: 2%
~64 m²
Property image
Property image

ValuationUndervalued

Sold Prices£105K - £442.3K
Sold Prices/m²£2.1K/m² - £6.1K/m²

 

 

Square Metres

~64.01 m²
Price/m²£4.7K/m²

Value Estimate

£314,997
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Rent Range

£1,300 - £1,900

Rent Estimate

£1,425

Running Costs/mo

£1,243

Cashflow/mo

£183

Cashflow/yr

£2,190

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £105K to £442.3K, average is £280.3K. £2.1K/m² to £6.1K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£335K10/240.08 mi10 Silvermere Court, Flat 10, Foxley Hill Road, Purley CR8 2HB2
£280.5K09/240.22 mi55a Walker House, Flat 20, Partridge Knoll, Purley CR8 1AY2
£255K02/250.23 mi20, Beaumont Road, Purley CR8 2EG2
£279K03/250.25 mi37, Partridge Knoll, Purley CR8 1BS2
£130K11/240.27 mi75 Azalea Court, 30, Whytecliffe Road South, Purley CR8 2AX2
£139K04/250.27 mi29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX2
£139K04/250.27 mi29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX2
£260K05/250.28 miFlat 4, 14, Brighton Road, Purley CR8 3AA2
£356K04/250.28 miFlat 7, 14, Brighton Road, Purley CR8 3AA2
£337K03/250.28 miFlat 5, 14, Brighton Road, Purley CR8 3AA2
£356K04/250.28 miFlat 7, 14, Brighton Road, Purley CR8 3AA2
£260K05/250.28 miFlat 4, 14, Brighton Road, Purley CR8 3AA2
£272K02/230.29 miFlat 77, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£288K09/210.29 miFlat 48, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£300K11/220.29 miFlat 45, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£270K06/250.32 mi22, French Apartments, Lansdowne Road, Purley CR8 2PH2
£265K04/250.32 mi28, French Apartments, Lansdowne Road, Purley CR8 2PH2
£265K04/250.32 mi28, French Apartments, Lansdowne Road, Purley CR8 2PH2
£270K06/250.32 mi22, French Apartments, Lansdowne Road, Purley CR8 2PH2
£275K03/250.33 mi3, French Apartments, Lansdowne Road, Purley CR8 2PH2
£275K03/250.33 mi3, French Apartments, Lansdowne Road, Purley CR8 2PH2
£325K08/250.37 miFlat 16, Gemini Court, Brighton Road, Purley CR8 2FD2
£345K02/250.39 mi79l Cara House, Flat 2, Riddlesdown Road, Purley CR8 1DH2
£200K08/250.39 miFlat 26, 11 Gresham Court, Pampisford Road, Purley CR8 2UU2
£292K11/240.4 mi4, Flat 11, Foxley Lane, Purley CR8 3EP2
£382K06/250.4 miFlat 4, 57, Brighton Road, Purley CR8 2LR2
£382K06/250.4 miFlat 4, 57, Brighton Road, Purley CR8 2LR2
£315K06/250.42 mi14, Park View, Christchurch Road, Purley CR8 2NL2
£315K06/250.42 mi14, Park View, Christchurch Road, Purley CR8 2NL2
£105K11/240.42 mi10 Reynard Court, Flat 1, Foxley Lane, Purley CR8 3EN2
£420K10/240.47 mi4, Flat 2, Woodcote Valley Road, Purley CR8 3AG2
£273.1K12/220.54 mi30a, Purley Park Road, Purley, Greater London CR8 2BS2
£280K06/250.55 mi16, Lansdowne Court, Brighton Road, Purley CR8 2BD2
£280K06/250.55 mi16, Lansdowne Court, Brighton Road, Purley CR8 2BD2
£269K06/210.62 mi74, Lower Barn Road, Purley, Greater London CR8 1HR2
£415K03/250.65 miFlat 2, 62 Hawthorne Court, Woodcote Valley Road, Purley CR8 3BD2
£345K05/250.65 mi6, 15, Grovelands Road, Purley CR8 4LB2
£345K05/250.65 mi6, 15, Grovelands Road, Purley CR8 4LB2
£285K06/210.66 mi666, Brighton Road, Purley, Greater London CR8 2BB2
£248K07/230.66 mi648, Brighton Road, Purley, Greater London CR8 2BB2
£270K01/250.68 mi660, Brighton Road, Purley CR8 2BB2
£312K02/250.68 mi8, 30 Highcroft, Old Lodge Lane, Purley CR8 4DF2
£442.3K01/250.75 mi7a Athena House, Flat 7, Edgehill Road, Purley CR8 2NB2
£268K03/250.76 mi119, Kingsdown Avenue, South Croydon CR2 6QL2
£387.5K12/240.78 mi103, Flat 9, Montpelier Road, Purley CR8 2QF2
£270K11/240.85 miStation Approach, 1c, Hayes Lane, Kenley CR8 5JD2
£355K07/250.85 miFlat 10, 4 Oakhurst Court, Hayes Lane, Kenley CR8 5GZ2
£335K11/210.86 miFlat 20, Barrards Hall, Beech Avenue, South Croydon, Greater London CR2 0NL2
£300K10/240.91 mi36, Oaklands, Kenley CR8 5LB2
£262.5K06/230.93 mi538, Brighton Road, South Croydon, Greater London CR2 6AU2

Local Rents

50 rents from £1.3K/mo to £1.9K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,45012/240.01 miLister Court, Godstone Road, Purley, CR82
£1,55010/250.02 miLister Court, Godstone Road, Purley2
£1,55009/250.12 miGodstone Mount, Downs Court Road, Purley, Croydon(London Borough), CR82
£1,55009/250.12 mi-2
£1,45002/250.12 mi-2
£1,50012/230.12 mi-2
£1,60010/250.12 mi-2
£1,60010/250.12 miDowns Court Road, Purley, CR82
£1,40010/250.17 miWhytecliffe Road South, Purley, Croydon(London Borough), CR82
£1,45012/240.17 miWhytecliffe Road South, Purley2
£1,40012/240.19 miPurley, Surrey2
£1,75011/240.19 mi-2
£1,63512/240.19 mi-2
£1,70010/250.19 mi-2
£1,63512/240.19 miWhytecliffe Road South, Purley, CR82
£1,55011/250.2 miWhytecliffe Road South, Purley2
£1,60010/250.2 mi-2
£1,60010/250.2 miWhytecliffe Road South, Purley, CR82
£1,65010/250.2 miWhytecliffe Road South, Purley, CR82
£1,60012/240.2 mi-2
£1,75007/250.2 mi-2
£1,60012/240.2 miRedwing Court, Purley, CR82
£1,50012/240.2 miWhytecliffe Road South, Purley2
£1,89512/240.21 miM Residence, Purley, CR82
£1,85006/250.21 miHigh Street, Purley, CR82
£1,75010/250.21 miM Residence, Purley, CR82
£1,90008/250.21 miHigh Street, Croydon, Purley, CR82
£1,85010/250.21 miHigh Street, Croydon, Purley, CR82
£1,85010/250.21 miHigh Street, Croydon, Purley, CR82
£1,89510/250.21 miM Residence, Purley, CR82
£1,85011/250.21 mi-2
£1,85010/250.21 mi-2
£1,85010/250.21 mi-2
£1,85010/250.21 miHigh Street, London, CR82
£1,85005/250.21 miHigh Street, London, CR82
£1,85001/250.21 mi-2
£1,85006/250.21 mi-2
£1,85010/250.21 miSunnydene Road Purley CR82
£1,85009/250.22 mi-2
£1,75008/250.22 miLoxwood House 2 Purley Hill CR82
£1,80010/250.22 miCalum Court, Central Purley, Purley, CR82
£1,80010/250.22 miCalum Court, Central Purley, Purley, CR82
£1,80010/250.22 miCalum Court, Central Purley, Purley, CR82
£1,75011/250.23 miCalum Court, Central Purley, Purley, CR82
£1,30012/240.23 mi2 bedroom Second Floor Flat in Purley2
£1,62512/240.23 miWhytecliffe Road South, Purley, CR82
£1,67508/250.23 miWhytecliffe Road South, Purley, Surrey, CR82
£1,60007/250.24 miBeaumont Road, Purley, CR82
£1,60006/250.24 miWhytecliffe Road South, Purley, CR82
£1,77512/240.25 miNorthwood Avenue2

Local Area Statistics

Population in CR8

32,301

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £300,000

November 8, 2024

Listed for £310,000

August 7, 2024

Floor Plans

Property image

Description

  • Exclusive to Frost +
  • First Floor Apartment +
  • Two Double Bedrooms +
  • EPC Rating: C +
  • Vacant Possession +
  • Communal Gardens +
  • Residents Parking (Not Allocated) +
  • Close to Town Centre and Purley Station +

Frost Estate Agents are delighted to offer this charming two double bedroom first floor apartment situated in the heart of Purley close to the town centre and station. Offered to the market with vacant possession, the property offers bright, spacious and well presented accommodation, perfect for both first time buyers looking to get on the property ladder and those looking to downsize wanting the convenience of all of Purley's amenities on their doorstep.

The apartment is double glazed throughout and briefly comprises of; fitted kitchen, spacious reception room with large floor to ceiling window, two double bedrooms and a family bathroom.

The location is ultra-convenient with Purley Station just a short walk away where you can take your pick from Victoria or London Bridge as destinations – both around 25 minutes’ travel time. The Thameslink Route provides access to Farringdon and City. Alternatively, Gatwick Airport is just 26 minutes in the other direction. Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25.
If you’re feeling a little more active there are a number of local health and leisure clubs to choose from. Excellent golf courses, recreation grounds and other open spaces are all close by including the wide open spaces of Riddlesdown Common, Kenley Common and the recreational facilities of Kenley Airfield. A little further afield there’s Croydon centre – offering the kind of facilities you’d expect from a larger town including major shopping and recreation centres.

Agent Details

Frost Estate Agents, Purley

020 8660 8228

Next Steps?

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