2 Bed Flat, Single Let, CR7 6JA, £250,000

London Road, Thornton Heath, CR7 6JA - 3 views - 7 months ago

Leasehold
BTL
ROI: 7%
~51 m²
+2 photos

ValuationOvervalued

Sold Prices£151K - £395K
Sold Prices/m²£2.4K/m² - £7.4K/m²

 

 

Square Metres

~50.87 m²
Price/m²£4.9K/m²

Value Estimate

£232,353

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,300 - £2,503

Rent Estimate

£1,484

Running Costs/mo

£1,098

Cashflow/mo

£386

Cashflow/yr

£4,631

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £151K to £395K, average is £277.5K. £2.4K/m² to £7.4K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£195K12/220.18 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£340K09/220.47 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£259K05/210.5 miFlat A, 31, Galpins Road, Thornton Heath, Greater London CR7 6EL2
£280K06/210.5 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£260K09/220.51 mi53, St Christophers Gardens, Thornton Heath, Greater London CR7 7NS2
£260K09/210.53 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£287.5K08/230.53 mi56, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£295K03/230.54 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£261K07/210.54 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£275K12/200.55 mi34, Totton Road, Thornton Heath, Greater London CR7 7QR2
£286K05/230.58 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£296.5K03/210.61 miGround Floor Flat, 23, Melfort Road, Thornton Heath, Greater London CR7 7RS2
£290K07/230.62 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.62 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£320K02/230.64 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£255K03/230.65 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£151K01/210.66 mi128, Melfort Road, Thornton Heath, Greater London CR7 7RP2
£295K08/210.67 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£300K03/210.69 miFirst Floor Flat, 211, Melfort Road, Thornton Heath, Greater London CR7 7RU2
£290K10/210.69 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£185K06/210.71 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£268K03/210.79 mi6, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£275K08/210.79 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£345K11/210.79 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£375K03/210.8 mi7, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£263K02/230.8 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£285K11/200.8 mi53, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£295K11/210.8 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£265K08/210.8 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£305K04/230.81 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£270K10/210.81 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£240K07/230.83 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£220K03/230.85 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£395K06/210.87 miLower Flat, 21, Beatrice Avenue, London, Greater London SW16 4UW2
£270K02/230.88 mi46, Kelvin Gardens, Croydon, Greater London CR0 4UR2
£245K03/230.89 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£307K08/210.92 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£275K06/210.92 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.92 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£295K12/220.93 mi63b, Saxon Road, London, Greater London SE25 5EH2
£270K01/230.93 mi181, Franklin Way, Croydon, Greater London CR0 4UX2
£280K01/210.93 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£256K06/210.93 mi139, Franklin Way, Croydon, Greater London CR0 4UX2
£273K11/200.94 mi86, Windsor Road, Thornton Heath, Greater London CR7 8HF2
£285K12/220.96 mi155, Wide Way, Mitcham, Greater London CR4 1BQ2
£320K11/220.96 mi157, Wide Way, Mitcham, Greater London CR4 1BQ2
£235K02/230.97 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£300K11/200.97 mi123, Wide Way, Mitcham, Greater London CR4 1BQ2
£255K06/210.98 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£325K10/220.98 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2

Local Rents

51 rents from £1.3K/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,51702/250.04 mi-2
£1,60004/240.09 miLondon Road, Thornton Heath, CR72
£1,75002/250.11 mi-2
£2,27503/250.11 mi-2
£2,50303/250.11 mi-2
£1,55004/240.15 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60002/250.19 mi-2
£1,70002/250.19 mi-2
£1,70002/250.19 mi-2
£1,70002/250.19 mi-2
£1,70002/250.19 mi-2
£1,70002/250.19 mi-2
£1,70003/250.19 mi-2
£1,70002/250.19 mi-2
£1,70003/250.19 mi-2
£1,65002/250.19 mi-2
£1,60003/250.19 mi-2
£1,69902/250.23 mi-2
£1,65003/240.24 miGonville RoadThornton HeathSurrey2
£1,65003/240.24 miGonville RoadThornton HeathSurrey2
£1,45003/250.26 mi-2
£1,70005/240.29 miLondon Road, Thornton heath, Surrey, CR72
£2,00003/240.3 miBeverstone Road, Thornton Heath, CR72
£1,70004/240.32 miLakehall Road, THORNTON HEATH2
£1,65005/240.32 miLakehall Road, THORNTON HEATH2
£1,30003/240.32 miHeathview Road, THORNTON HEATH2
£1,80003/240.37 miThornton Road, Thornton Heath, CR72
£1,70003/250.38 mi-2
£1,60003/240.38 miFiveacre Close, Thornton Heath2
£1,55003/240.39 miBrigstock Road, Thornton Heath, CR72
£1,80004/240.4 miBensham Lane, Thornton Heath, CR72
£1,80004/240.4 miBensham Lane, Thornton Heath, CR72
£2,00002/250.41 mi-2
£1,50005/240.41 mi-2
£1,50005/240.41 miBensham Lane, Thornton Heath, CR72
£1,75012/240.41 miMarden Crescent, Croydon, CR02
£1,57012/240.41 mi-2
£1,75012/240.41 miMarden Crescent, Croydon, CR02
£1,60001/250.41 mi-2
£1,70003/240.42 miBensham Lane, Thornton Heath2
£1,60003/240.42 miBensham Lane, CR72
£1,60005/240.42 mi-2
£1,60003/240.42 miVictoria Cross House, Thornton Heath, CR72
£1,75012/240.43 miMarden Crescent, Croydon, CR02
£1,85004/240.43 miBensham Lane, Thornton Heath, CR72
£1,85004/240.43 mi-2
£1,80012/240.44 miMarden Road 2
£1,70002/240.45 mi-2
£1,75005/240.46 miWarwick Gardens, Thornton Heath2
£1,65003/240.47 miEcclesbourne Road, Thornton Heath, CR72
£1,65003/240.47 mi-2

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £250,000

August 24, 2024

Floor Plans

Description

  • Chain free +
  • Period conversion +
  • Two bedrooms +
  • Spacious accomodation +
  • London road +
  • Easy access to amenities and transportation links +
  • Boarders of SW16 +

Haart are proud to present to the market this chain free and well proportioned two bedroom flat. Located on the boarder of SW16 proving easy access to a multitude of amenities and transportation links into Central London from both Norbury and Thornton Heath stations.

Ready to move into, this spacious flat comprises two bedrooms, living room with ample space to dine, fitted kitchen, bathroom, storage and outdoor space. Other benefits include double glazing, Central heating via a combination boiler (untested) and modern fixtures and fittings.

If you are looking for good internal space, a location that affords easy access to amenities and transportation and leaves scope for future value to be added, this is highly recommended.

Agent Details

haart, Thornton Heath

020 3909 8975

Next Steps?

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