2 Bed Flat, Single Let, CR7 6JA £210,000

London Road, Thornton Heath, CR7 6JA - a year ago
Leasehold
BTL
ROI: 9%
~51 m²
Property image

ValuationUndervalued

Sold Prices£184K - £395K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~50.87 m²
Price/m²£4.1K/m²

Value Estimate

£220,437
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£1,300 - £2,503

Rent Estimate

£1,463

Running Costs/mo

£969

Cashflow/mo

£494

Cashflow/yr

£5,930

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £184K to £395K, average is £262K. £2.6K/m² to £6K/m², average is £4.3K/m².

Price
Date
Distance
Address
Beds
 
£275K04/250.11 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£275K04/250.11 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£195K12/220.18 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£250K03/250.29 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£250K03/250.29 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£280K11/240.39 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£310K12/240.47 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£225.6K10/240.47 miWarwick Gardens, 61, London Road, Thornton Heath CR7 7NB2
£340K09/220.47 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£235K02/250.48 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.48 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£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
£190K03/250.52 mi1, St Christopher's Gardens, Thornton Heath CR7 7NS2
£190K03/250.52 mi1, St Christopher's Gardens, Thornton Heath 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
£231K02/250.54 mi17, Warwick Road, Thornton Heath CR7 7NH2
£231K02/250.54 mi17, Warwick Road, Thornton Heath CR7 7NH2
£240K07/250.54 mi2, 25, Cameron Road, Croydon CR0 2SR2
£295K03/230.54 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£261K07/210.54 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£260K01/250.57 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£184K04/250.58 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.58 mi35, Carew Road, Thornton Heath CR7 7RF2
£286K05/230.58 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£272.5K01/250.62 mi85, St Saviour's Road, Croydon CR0 2XF2
£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
£295K08/210.67 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£290K10/210.69 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£312K10/240.71 mi176, Ground Floor Flat At, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£185K06/210.71 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£300K08/240.74 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£260K07/250.78 mi12, Wychwood Avenue, Thornton Heath 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
£263K02/230.8 mi13a, 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
£258K02/250.81 mi189 Gary Court, Flat 39, London Road, Croydon CR0 2DR2
£270K10/210.81 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£240K07/230.83 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£330K07/250.85 mi9, Norfolk Road, Thornton Heath CR7 8ND2
£220K03/230.85 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£395K06/210.87 miLower Flat, 21, Beatrice Avenue, London, Greater London SW16 4UW2
£225K11/240.88 mi133a, Parchmore Road, Thornton Heath CR7 8LZ2

Local Rents

50 rents from £1.3K/mo to £2.5K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,51702/250.04 mi-2
£1,60007/250.09 miLondon Road, THORNTON HEATH2
£1,60011/250.09 miLondon Road, THORNTON HEATH2
£1,60004/240.09 miLondon Road, Thornton Heath, CR72
£1,60011/250.09 miLondon Road, Thornton Heath, CR72
£1,60006/250.1 miColliers Water Lane, Thornton Heath, CR72
£1,52510/250.1 miLondon Road, THORNTON HEATH2
£1,67504/250.11 mi-2
£2,50303/250.11 mi-2
£2,27503/250.11 mi-2
£1,65010/250.13 miLondon Road, Thornton Heath2
£1,60008/250.13 mi70 Gary Court2
£1,55004/240.15 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60011/250.15 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,65010/250.19 miLondon Road, 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
£1,70002/250.19 mi-2
£1,70003/250.19 mi-2
£1,70003/250.19 mi-2
£1,65003/250.19 mi-2
£1,60004/250.19 mi-2
£1,50006/250.2 miLondon Road, Thornton Heath, CR7 2
£1,80008/250.2 miFrant Road Thornton Heath CR72
£1,50006/250.22 miLyndhurst Road, Thornton Heath, CR72
£1,55004/250.23 mi-2
£1,65003/240.24 miGonville RoadThornton HeathSurrey2
£1,65003/240.24 miGonville RoadThornton HeathSurrey2
£1,45003/250.26 mi-2
£1,69506/250.26 mi-2
£1,69506/250.26 miGonville Road, London, CR72
£2,00009/250.29 miBeverstone Road, Thornton Heath2
£1,70005/240.29 miLondon Road, Thornton heath, Surrey, CR72
£2,00003/240.3 miBeverstone Road, Thornton Heath, CR72
£1,80009/250.31 mi. Dunheved Road, Croydon, Thornton Heath, CR72
£1,80011/250.31 mi. Dunheved Road, Croydon, 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
£1,55011/250.34 miBrigstock Road, Thornton Heath, CR72
£1,55006/250.35 miLondon Road, Thornton Heath, CR72
£1,70009/250.35 miLondon Road, Thornton Heath, CR72
£1,50010/250.36 miFlint Court, CR72
£1,85007/250.37 mi-2
£1,85006/250.37 mi-2
£1,80003/240.37 miThornton Road, Thornton Heath, CR72

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)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £230,000

May 15, 2025

Listed for £250,000

August 24, 2024

Floor Plans

Property image

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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