3 Bed Terraced House, Single Let, Croydon, CR0 9DU, £325,000

Elmside, New Addington, CR0 9DU - 1 views - 8 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£290K - £750K
Sold Prices/m²£3.2K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£396,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,441 - £2,700

Rent Estimate

£1,913

Running Costs/mo

£1,418

Cashflow/mo

£495

Cashflow/yr

£5,937

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £290K to £750K, average is £400K. £3.2K/m² to £8.2K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£295K10/210.05 mi55, Elmside, New Addington, Croydon, Greater London CR0 9DU3
£292K12/200.12 mi53, Brierley, New Addington, Croydon, Greater London CR0 9DQ3
£312K02/210.14 mi96, Applegarth, New Addington, Croydon, Greater London CR0 9DH3
£290K11/200.15 mi23, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£330K12/220.15 mi41, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£315K07/230.22 mi40, Applegarth, New Addington, Croydon, Greater London CR0 9DB3
£326K12/210.23 mi60, Bygrove, New Addington, Croydon, Greater London CR0 9DG3
£352.5K08/210.26 mi93, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£307K12/200.26 mi125, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£450K02/230.31 mi25, Headley Drive, New Addington, Croydon, Greater London CR0 0QH3
£355K12/220.32 mi67, Underwood, New Addington, Croydon, Greater London CR0 9EH3
£400K05/230.32 mi100, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£355K02/230.32 mi62, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£435K04/210.36 mi88, Addington Village Road, Croydon, Greater London CR0 5AQ3
£440K11/210.36 mi84, Addington Village Road, Croydon, Greater London CR0 5AQ3
£365K07/210.46 mi46, Claygate Crescent, New Addington, Croydon, Greater London CR0 0RA3
£496K07/210.55 mi8, Falconwood Road, Croydon, Greater London CR0 9BB3
£320K12/200.57 mi170, Headley Drive, New Addington, Croydon, Greater London CR0 0QJ3
£365K12/200.57 mi71, Thursley Crescent, New Addington, Croydon, Greater London CR0 0PR3
£500K05/210.58 mi10, Huntingfield, Croydon, Greater London CR0 9BA3
£472.5K03/210.61 mi70, Falconwood Road, Croydon, Greater London CR0 9BD3
£500K03/230.61 mi80, Falconwood Road, Croydon, Greater London CR0 9BD3
£377.5K09/210.63 mi157, King Henrys Drive, New Addington, Croydon, Greater London CR0 0PH3
£523K04/230.63 mi119, Falconwood Road, Croydon, Greater London CR0 9BF3
£440K06/230.67 mi5, Aldrich Crescent, New Addington, Croydon, Greater London CR0 0NP3
£370K09/210.67 mi35, Goldcrest Way, New Addington, Croydon, Greater London CR0 0PL3
£585K03/210.7 mi26, Featherbed Lane, Croydon, Greater London CR0 9AE3
£400K07/230.73 mi29, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£380K07/210.73 mi87, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£377.5K01/210.73 mi41, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£371K08/210.73 mi55, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£496K11/210.75 mi26, Crossways, South Croydon, Greater London CR2 8JL3
£485K02/210.76 mi10, Crossways, South Croydon, Greater London CR2 8JL3
£485K04/230.79 mi4, Grenville Road, New Addington, Croydon, Greater London CR0 0NY3
£335K03/210.81 mi31, Parkway, New Addington, Croydon, Greater London CR0 0JA3
£455K03/230.81 mi22, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£460.8K07/230.81 mi52, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£325K06/230.82 mi33, Montacute Road, New Addington, Croydon, Greater London CR0 0JF3
£525K02/210.83 mi1 Waterworks Cottages, Featherbed Lane, Croydon, Greater London CR0 9AA3
£540K07/230.83 mi4 Waterworks Cottages, Featherbed Lane, Croydon, Greater London CR0 9AA3
£495K06/210.84 mi22, Rawlins Close, South Croydon, Greater London CR2 8JR3
£325K11/200.84 mi11, Bothwell Road, New Addington, Croydon, Greater London CR0 0NR3
£399.9K03/230.85 mi26, Charlwood, Croydon, Greater London CR0 9AT3
£495K09/210.87 mi42, Crossways, South Croydon, Greater London CR2 8JN3
£585K12/220.87 mi64, Crossways, South Croydon, Greater London CR2 8JN3
£618K12/200.93 mi76, Palace View, Croydon, Greater London CR0 8QN3
£750K11/220.93 mi146, The Grove, West Wickham, Greater London BR4 9JZ3
£390K06/230.95 mi31, Windham Avenue, New Addington, Croydon, Greater London CR0 0HY3
£750K06/210.95 mi1, Tudor Gardens, West Wickham, Greater London BR4 9LX3
£670K03/210.95 mi12, Tudor Gardens, West Wickham, Greater London BR4 9LX3

Local Rents

15 rents from £1.4K/mo to £2.7K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00011/230.07 mi-3
£2,50011/240.08 mi-3
£2,40011/240.08 mi-3
£2,69010/240.1 mi-3
£2,70010/240.13 mi-3
£2,70011/240.13 mi-3
£1,95012/240.16 mi-3
£2,05011/240.17 mi-3
£1,85001/240.35 mi-3
£2,00004/250.36 mi-3
£2,05012/240.41 mi-3
£2,10010/230.45 mi-3
£2,40002/250.49 mi-3
£2,00012/240.52 mi-3
£1,44112/240.57 miHeadley Drive, CR03

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.28 miles away

Nearest school

0.10 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £325,000

August 20, 2024

Floor Plans

Description

Welcomed to the market is this three bedroom mid terrace family home which is conveniently located for a good variety of schools, amenities and shops, bus services and green space. Internally the property benefits from a fitted kitchen and bathroom, living room leading onto dining room. Also a useful room off the kitchen - currently storage but plumbing for W.C is in place. Rear garden with storage shed, garden shed and rear access gate. Call now to fully appreciate size and location.

Freehold/ Croydon council tax band C / EPC C.

Entrance Hall -

Living Room - 3.63m x 4.19m (11'11 x 13'9) -

Dining Room - 3.23m x 2.79m (10'7 x 9'2) -

Kitchen - 2.57m x 3.12m (8'5 x 10'3) -

Hallway -

W.C/ Storage -

Landing -

Bedroom - 3.40m x 3.89m (11'2 x 12'9) -

Bedroom - 3.48m x 3.00m (11'5 x 9'10) -

Bedroom - 2.49m x 3.00m (8'2 x 9'10) -

Bathroom -

Garden -

Agent Details

Paul Meakin Estate Agents, South Croydon

020 3910 6643

Next Steps?

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