2 Bed Flat, Single Let, Croydon, CR0 1EY, £290,000

Heathfield Road, Croydon, CR0 1EY - 7 months ago

Leasehold
BTL
ROI: 3%
~108 m²
+4 photos

ValuationUndervalued

Sold Prices£215K - £437.5K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~107.82 m²
Price/m²£2.7K/m²

Value Estimate

£348,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,800

Rent Estimate

£1,450

Running Costs/mo

£1,216

Cashflow/mo

£234

Cashflow/yr

£2,805

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £437.5K, average is £308K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£306K12/200.03 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£294K04/230.23 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£270K05/230.24 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£295K09/210.25 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.25 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£345K05/230.26 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£243K02/230.36 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£286K12/220.38 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.38 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.39 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.41 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£330K01/230.42 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£270K02/230.43 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£250K08/210.44 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£368K05/230.47 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£280K02/210.54 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£292.5K02/230.56 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£305K01/230.56 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£375K03/210.59 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£310K05/230.6 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.6 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.6 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.6 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£305K01/210.6 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£326K09/210.62 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£223K07/230.63 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£255K07/230.63 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£325K08/210.63 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£320K12/200.69 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£250K05/230.7 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£327K12/200.71 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£340K02/210.72 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.73 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.73 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£367.5K09/210.73 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£375K02/230.75 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£437.5K12/200.76 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£299.5K10/210.76 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£343K09/210.78 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.78 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£321K06/210.79 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.79 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.79 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£297K11/200.82 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.82 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£329.2K06/210.83 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£334K07/230.88 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£215K04/210.95 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£423K11/200.96 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£248K04/210.96 mi50c, Canning Road, Croydon, Greater London CR0 6QF2

Local Rents

52 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.01 miHeathfield Rd, Croydon, CR02
£1,70003/240.01 mi-2
£1,51512/240.06 miSt. Peters Road, South Croydon, Surrey, CR02
£1,70002/240.07 mi-2
£2,00012/240.09 miTemple road, CR02
£1,60012/240.09 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,80012/240.1 mi-2
£1,45002/240.11 mi-2
£1,45002/240.11 mi-2
£1,95003/250.11 mi-2
£2,80002/240.12 mi-2
£2,80002/250.12 mi-2
£1,35003/250.13 mi-2
£1,75003/250.13 mi-2
£1,50012/240.14 miTemple Road, Croydon2
£1,65012/240.14 miPark Lane, Croydon, Surrey, CR02
£1,60012/240.15 miCoombe Road, South Croydon2
£1,60012/240.15 miCoombe Road, South Croydon2
£1,99912/240.16 miKeens Road, Croydon, CR02
£1,99902/240.16 mi-2
£1,99902/240.16 mi-2
£1,95003/250.16 mi-2
£1,65012/240.17 miParker Road, Croydon2
£2,00012/240.17 miKeens Road, Croydon, CR02
£1,85012/240.17 miKeens Road, Croydon, CR02
£1,59903/240.17 mi-2
£1,70002/250.18 mi-2
£1,67512/240.18 mi-2
£1,65012/240.18 miPark Lane, Croydon, CR02
£1,75012/240.19 miPark Lane, Croydon, CR02
£2,20012/240.19 miPark Lane, Croydon2
£1,75012/240.19 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.19 miPark Lane, Croydon, CR02
£1,75003/250.2 mi-2
£1,50012/240.21 miChatsworth Road, Croydon, Surrey, CR02
£2,60012/240.21 mi-2
£1,85001/250.21 mi-2
£1,85012/240.21 miHigh Street, Croydon, CR02
£1,80012/240.22 miBrand New Luxury Apartment2
£1,79902/240.22 mi-2
£1,60012/240.22 miBrighton Road, SOUTH CROYDON2
£1,65012/240.22 miPark Lane, Croydon, Surrey, CR02
£1,60012/240.23 miHigh Street, Croydon, CR02
£1,60012/240.23 miWoodstock Road, Croydon2
£1,70012/240.23 miChatsworth Road, Croydon2
£1,80012/240.24 miLeon House, High Street, Croydon2
£1,55003/240.24 mi-2
£1,70001/250.24 mi-2
£1,90003/250.25 mi-2
£1,40001/250.25 mi-2
£1,50002/240.26 mi-2
£1,45012/240.27 miRosamund Close, South Croydon2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £290,000

March 29, 2025

Price changed to £300,000

February 16, 2025

Price changed to £315,000

January 19, 2025

Listed for £325,000

September 13, 2024

Floor Plans

Description

  • 2 Double Bedrooms +
  • Close to South Croydon Station +
  • Shops, Bars and Restaurants Close By +
  • Long Lease +
  • Communal Garden +

SUMMARY
An absolutely fantastic split level 2 double bedroom conversion flat arranged over the 1st and 2nd floors of a beautiful turn of the century building, offering easy access to South Croydon station and the lovely throughfare of South End with its populace of shops, bars and restaurants.

DESCRIPTION
The apartment has a stunning hallway entrance with a turning staircase with large windows leading to reception room, kitchen, bedrooms and bathroom. There is a long lease and lovely communal garden to rear.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, South Croydon

020 3870 5042

Next Steps?

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