2 Bed Flat, Single Let, South Croydon, CR2 6JH, £285,000

St. Augustines Avenue, Godwin Court, CR2 6JH - 1 views - 7 months ago

Leasehold
BTL
ROI: 3%
~61 m²
+12 photos

ValuationUndervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~60.85 m²
Price/m²£4.7K/m²

Value Estimate

£293,316
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£17,200

Total Cash In

£88,450

 

 

Cash Out

 

Rent Range

£1,250 - £3,467

Rent Estimate

£1,369

Running Costs/mo

£1,184

Cashflow/mo

£185

Cashflow/yr

£2,215

ROI

3%

Gross Yield

6%

Local Sold Prices

41 sold prices from £223K to £437.5K, average is £295K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£437.5K12/200.12 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£297K11/200.18 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.18 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£321K06/210.2 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.2 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.2 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£325K08/210.2 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£423K11/200.26 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£285K12/210.35 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£223K07/230.42 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£305K01/230.48 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£295K09/210.55 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.55 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£270K05/230.55 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£262.5K06/230.57 mi538, Brighton Road, South Croydon, Greater London CR2 6AU2
£290K11/200.64 mi112, Kingsdown Avenue, South Croydon, Greater London CR2 6QH2
£345K05/230.65 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£315K12/200.67 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£286K12/220.67 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.67 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.68 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£368K05/230.68 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£280K02/210.68 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£250K08/210.74 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£330K01/230.78 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£327.5K11/200.78 mi24, Reddington Close, South Croydon, Greater London CR2 0QZ2
£306K12/200.79 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£285K06/210.81 mi666, Brighton Road, Purley, Greater London CR8 2BB2
£275K11/200.81 mi646, Brighton Road, Purley, Greater London CR8 2BB2
£248K07/230.81 mi648, Brighton Road, Purley, Greater London CR8 2BB2
£243K02/230.81 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£282.5K11/210.82 mi12, Wisley Court, South Croydon, Greater London CR2 0QY2
£293.5K02/230.85 mi27, Montana Close, South Croydon, Greater London CR2 0AT2
£294K04/230.88 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£305K01/210.89 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£273.1K12/220.93 mi30a, Purley Park Road, Purley, Greater London CR8 2BS2
£310K05/230.97 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.97 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.97 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.97 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£335K11/210.99 miFlat 20, Barrards Hall, Beech Avenue, South Croydon, Greater London CR2 0NL2

Local Rents

50 rents from £1.3K/mo to £3.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.11 miHaling Park Road, South Croydon2
£2,00012/240.11 miHaling Park Road, South Croydon, South Croydon2
£1,50012/240.11 mi-2
£1,40001/250.12 mi-2
£1,55012/240.12 miHaling Park Road, South Croydon, CR22
£1,60012/240.12 miAvondale Road, SOUTH CROYDON2
£1,80012/240.13 miHaling Park Road, South Croydon2
£1,60012/240.14 miHaling Park Road, South Croydon2
£1,55012/240.18 miPampisford Road, South Croydon2
£1,50012/240.18 mi-2
£1,50012/240.18 mi-2
£1,50012/240.18 mi-2
£1,35012/240.2 miSouth Croydon, Surrey2
£1,85012/240.2 miBrighton Road, South Croydon, CR22
£1,50003/250.2 mi-2
£1,60012/240.21 miOriana Court, South Croydon2
£1,70012/240.24 miBrighton Road, South Croydon, Surrey2
£1,70003/250.25 mi-2
£1,70012/240.26 miMansfield Road, South Croydon2
£1,60012/240.27 miPampisford Road, SOUTH CROYDON2
£1,75012/240.28 miJarvis Road, South Croydon2
£1,85012/240.28 mi-2
£1,50002/250.29 mi-2
£1,25012/240.29 miSouth Croydon, Surrey2
£1,60012/240.29 miHaling Park Road, SOUTH CROYDON2
£1,60012/240.3 miBlenheim Park Road, South Croydon2
£1,77512/240.31 miHelder Street, South Croydon, CR22
£1,75012/240.31 miHelder Street, South Croydon, CR22
£1,50012/240.32 miHaling Road2
£1,70002/240.32 mi-2
£3,46703/250.33 mi-2
£1,60012/240.33 miChurchill Road, South Croydon, CR2 6HB2
£1,50012/240.33 miBrighton Road, South Croydon, Surrey, CR22
£1,65002/240.34 mi-2
£1,85012/240.34 mi-2
£1,60011/240.37 mi-2
£1,75012/240.38 mi-2
£1,90012/240.4 mi-2
£1,80002/250.4 mi-2
£1,75003/250.4 mi-2
£1,55012/240.4 miUpland Road, South Croydon2
£1,75002/240.41 mi-2
£1,68003/240.41 mi-2
£1,70012/240.41 mi-2
£1,70012/240.42 miSussex Road, South Croydon, CR22
£1,70003/240.42 mi-2
£1,65012/240.43 miSussex Road, South Croydon2
£1,70001/250.44 mi-2
£1,70002/250.45 mi-2
£1,65012/240.46 miSt. Peters Street South Croydon CR22

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £285,000

September 13, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Double Aspect Reception +
  • Separate Kitchen +
  • En-Suite Shower Room +
  • Separate Bathroom +
  • Modern Boiler +
  • 15 Minutes to Station +
  • First Floor +
  • Excellent Condition +

Guide Price £285,000 - £295,000 I always look for for a special or unique feature in a property when I view for the first time and with this flat it was pretty clear. Out of every window all you can see are trees (and squirrels) and that’s pretty cool when you consider how close you are to stations and local shops, but it also has a proper second bedroom, not a squeeze a single bed in and hope for the best! A light double aspect reception has plenty of space for a table, your main bedroom has an en-suite, the kitchen is modern and a separate bathroom allows for some harmony when two people are getting ready for work. Finally you have allocated parking, plenty of visitors spaces and a secure entryphone so you have a safe space for your Amazon deliveries!

EPC Rating: C

Agent Details

Sold Buy Simon, Covering Sanderstead

020 8103 9794

Next Steps?

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