4 Bed Detached House, Refurb/BRRR, South Croydon, CR2 9PA, £900,000

30A North Down, South Croydon, CR2 9PA - 7 months ago

Refurb/BRRR
~179 m²
+8 photos

ValuationUndervalued

Sold Prices£491K - £1.1M
Sold Prices/m²£4.2K/m² - £8.5K/m²

 

 

Square Metres

~179.30 m²
Price/m²£5K/m²

Value Estimate

£919,101
BMV2%

 

 

End Value (After Refurb)

£955,610

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£78,700

Refurb Costs

£94,882

Bridging Loan Interest

£23,625

Total Cash In

£423,957

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£955,610

Mortgage (After Refinance)

£716,707

Mortgage LTV

75%

Cash Released

£41,707

Cash Left In

£382,249

Equity

£238,902

Rent Range

£1,750 - £4,750

Rent Estimate

£2,735

Running Costs/mo

£3,553

Cashflow/mo

£-818

Cashflow/yr

£-9,819

Gross Yield

4%

Local Sold Prices

50 sold prices from £491K to £1.1M, average is £714.5K. £4.2K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£780K01/210.11 mi14, Brian Avenue, South Croydon, Greater London CR2 9NE4
£870K01/210.19 mi51, Court Hill, South Croydon, Greater London CR2 9ND4
£635K09/210.21 mi122, Purley Downs Road, South Croydon, Greater London CR2 0RE4
£660K11/200.22 mi28, Court Hill, South Croydon, Greater London CR2 9NA4
£845K11/210.23 mi147, Purley Downs Road, South Croydon, Greater London CR2 0RN4
£600K01/210.26 mi3, Hyde Road, South Croydon, Greater London CR2 9NR4
£530K02/210.26 mi5, Hyde Road, South Croydon, Greater London CR2 9NR4
£875K06/210.29 mi27, Sanderstead Hill, South Croydon, Greater London CR2 0HD4
£1.1M06/210.3 mi9, Briton Crescent, South Croydon, Greater London CR2 0JN4
£890K03/210.31 mi40, Sanderstead Hill, South Croydon, Greater London CR2 0HA4
£770K03/210.32 mi11, Downsway, South Croydon, Greater London CR2 0JB4
£800K01/210.34 mi55, Westfield Avenue, South Croydon, Greater London CR2 9JZ4
£800K02/210.35 mi7, Sundown Avenue, South Croydon, Greater London CR2 0RQ4
£680K12/200.36 mi8, Downsway, South Croydon, Greater London CR2 0JA4
£850K01/230.36 mi24, Downsway, South Croydon, Greater London CR2 0JA4
£735K02/210.38 mi17, Hill Barn, South Croydon, Greater London CR2 0RU4
£755K03/230.42 mi64, Farm Fields, South Croydon, Greater London CR2 0HP4
£665K04/210.43 mi9, Cranleigh Gardens, South Croydon, Greater London CR2 9LD4
£491K04/210.47 mi57, Maywater Close, South Croydon, Greater London CR2 0RS4
£700K06/230.49 mi9, Addington Road, South Croydon, Greater London CR2 8RF4
£635K12/220.49 mi5, Jordan Close, South Croydon, Greater London CR2 0JW4
£685K11/210.49 mi3, Jordan Close, South Croydon, Greater London CR2 0JW4
£710K10/210.5 mi42, Holmwood Avenue, South Croydon, Greater London CR2 9HY4
£1.1M10/220.51 mi4, Briton Hill Road, South Croydon, Greater London CR2 0JL4
£690K03/210.51 mi44, Briton Hill Road, South Croydon, Greater London CR2 0JL4
£700K05/210.56 mi48, Mitchley Avenue, Purley, Greater London CR8 1DN4
£665K10/200.57 mi7, Hook Hill, South Croydon, Greater London CR2 0LB4
£667.5K01/210.57 mi11, Cardinal Close, South Croydon, Greater London CR2 9AN4
£545K03/210.58 mi11a, Buttermere Gardens, Purley, Greater London CR8 1EJ4
£695K06/210.62 mi5, Sanderstead Court Avenue, South Croydon, Greater London CR2 9AU4
£610K05/210.62 mi31, Sanderstead Court Avenue, South Croydon, Greater London CR2 9AU4
£610K09/210.63 mi48, Sanderstead Court Avenue, South Croydon, Greater London CR2 9AJ4
£735.5K05/210.63 mi73, Derwent Drive, Purley, Greater London CR8 1ES4
£770K10/210.64 mi143, Norfolk Avenue, South Croydon, Greater London CR2 8BY4
£825K02/230.65 mi133, Norfolk Avenue, South Croydon, Greater London CR2 8BY4
£700K11/220.65 mi29, Eskdale Gardens, Purley, Greater London CR8 1ET4
£685K10/200.65 mi40, Mitchley Avenue, Purley, Greater London CR8 1DT4
£810K11/200.66 mi21, Arkwright Road, South Croydon, Greater London CR2 0LN4
£925K11/200.66 mi19, Arkwright Road, South Croydon, Greater London CR2 0LN4
£795K09/210.66 mi1, Morley Road, South Croydon, Greater London CR2 0EN4
£700K11/200.66 mi17, Morley Road, South Croydon, Greater London CR2 0EN4
£650K06/230.67 mi64, Ingleboro Drive, Purley, Greater London CR8 1EF4
£755K06/210.68 mi7, Days Acre, South Croydon, Greater London CR2 0ER4
£800K05/230.68 mi80, Norfolk Avenue, South Croydon, Greater London CR2 8BS4
£719K04/210.68 mi104, Norfolk Avenue, South Croydon, Greater London CR2 8BS4
£791K10/220.69 mi15, Morley Road, South Croydon, Greater London CR2 0EN4
£1.1M10/210.71 mi23, Blacksmiths Hill, South Croydon, Greater London CR2 9AZ4
£801.2K09/210.71 mi120, Arundel Avenue, South Croydon, Greater London CR2 8BH4
£709K02/210.71 mi114, Arundel Avenue, South Croydon, Greater London CR2 8BH4
£690K12/220.72 mi1, Gainsborough Drive, Sanderstead, South Croydon, Greater London CR2 9AX4

Local Rents

51 rents from £1.8K/mo to £4.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£4,50003/250.04 mi-7
£1,75002/250.28 mi-3
£2,85009/240.29 mi-5
£3,75012/240.35 miPurley Downs Road South Croydon CR25
£3,75012/240.35 miPurley Downs Road, South Croydon5
£3,75012/240.4 miPurley Downs Road, Sanderstead, Surrey, CR2 0RH5
£2,25012/240.51 miBriton Hill Road, South Croydon3
£2,40012/240.51 miBriton Hill Road, South Croydon3
£2,19512/240.59 miButtermere Gardens, Purley4
£2,35003/250.68 mi-3
£2,10012/240.68 mi-3
£3,25012/240.69 miSanderstead, Surrey3
£3,00012/240.72 mi4 bedroom Detached House in Sanderstead4
£4,50012/240.79 miCR2 0LL6
£4,50012/240.81 miArkwright Road, Croydon, South Croydon, CR26
£2,25012/240.82 miArkwright Road South Croydon CR23
£2,25012/240.83 mi-4
£2,50012/240.83 miBrancaster Lane, Purley4
£1,95001/250.87 mi-3
£2,50012/240.88 miSanderstead, South Croydon4
£4,40012/240.89 miSouth Croydon, CR25
£1,77512/240.91 mi-3
£1,77512/240.91 mi-3
£2,25012/240.91 miRidge Langley, Sanderstead, Surrey, CR2 0AP3
£2,70012/240.96 miSt James Road, Croydon, Purley, CR85
£2,80002/250.97 mi-3
£2,95012/240.98 miTrinity Close, CR34
£1,85012/241.02 miKendall Avenue3
£2,15012/241.02 miElmfield Way, South Croydon3
£1,80003/251.03 mi-3
£4,75003/251.05 mi-4
£3,15012/241.05 miSouth Croydon, CR25
£1,77512/241.06 mi-3
£1,90012/241.06 miOaklands Gardens, Kenley3
£4,30012/241.07 mi6 Elmfield Way CR2 0ED5
£1,85002/251.09 mi-3
£2,00001/251.1 mi-3
£3,50002/251.11 mi-5
£2,70412/241.11 miTen Degrees, Croydon, CR03
£2,00012/241.12 miHillview Close, Purley4
£1,98012/241.14 mi-4
£2,05012/241.14 miBrighton Road, Purley, CR84
£1,98012/241.14 miBrighton Road, Purley, CR84
£4,25012/241.15 miWarren Road, Purley5
£1,95012/241.17 miFoxley Gardens, Purley3
£3,05001/251.2 mi-5
£3,15002/251.2 mi-5
£2,30012/241.21 miBiddulph Road, South Croydon4
£2,00012/241.21 miMontpelier Road 3
£3,35002/241.22 mi-5
£1,75012/241.22 miWentworth Way, South Croydon, Surrey, CR2 9EZ3

Local Area Statistics

Population in CR2

48,427

Town centre distance

0.87 miles away

Nearest school

0.30 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £900,000

September 1, 2024

Floor Plans

Description

  • Attractive Four Bedroom Detached Family Home +
  • Sought After Sanderstead Location +
  • Excellent Scope for Upgrade and Modernisation +
  • Two Bright and Spacious Reception Rooms +
  • Large Conservatory +
  • Older Style Kitchen and Bathroom +
  • West Facing Garden +
  • Garage and Driveway Parking +
  • No Chain +
  • Close to Shops, Amenities and Excellent Schools +

Marriott Vernon present to the market this attractive four bedroom 1950's built detached property with delightful west facing garden, garage and driveway, superbly situated in a sought after residential location close to Sanderstead Village and excellent local schools. Offered to the market with no onward chain and requiring modernisation, 'Tudor Court' provides bright and spacious accommodation with enormous scope for upgrade and refurbishment to suit own taste. Flowing accommodation and generous room sizes creates the perfect base for this fantastic family home, with features including two generous reception rooms plus large conservatory, older style kitchen and family bathroom, ample inbuilt storage, gas central heating, driveway and garage.

Accommodation comprises a spacious entrance hall with access to guest WC and stairs rising to the first floor, leading into a bright front aspect dining room with attractive bay window. To the rear of the property, a generous lounge enjoys access onto the conservatory with garden views. The separate kitchen with larder cupboard comprises an older style range of wall and base units with work surfaces incorporating inset sink unit and further space for appliances. To the first floor, there are four well proportioned double bedrooms, plus a large family bathroom with bath and separate shower unit.

The property is located close to Sanderstead Village, which offers a variety of shops, restaurants and local amenities. The area is also particularly well served by excellent local schools including Atwood Primary, Ridgeway Primary, Gresham Primary, Hamsey Green Infants and Juniors, Riddlesdown Collegiate and Warlingham School. Purley and Croydon town centres are just a short bus or car ride away for a wider variety of shops, bars, restaurants and leisure facilities.

Viewings are highly recommended.

Agent Details

Marriott Vernon, Croydon

020 3728 8883

Next Steps?

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