2 Bed Flat, Single Let, Croydon, CR0 2JA, £270,000

Whitehorse Road, Croydon, CR0 2JA - 4 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£195K - £375K
Sold Prices/m²£2.5K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£305,418
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,400 - £3,200

Rent Estimate

£1,388

Running Costs/mo

£1,141

Cashflow/mo

£247

Cashflow/yr

£2,960

ROI

4%

Gross Yield

6%

Local Sold Prices

47 sold prices from £195K to £375K, average is £287K. £2.5K/m² to £6.1K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£295K11/210.18 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£294K03/230.2 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£290K07/230.36 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.36 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£220K03/230.4 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£265K08/210.48 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£320K12/220.48 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£215K04/210.52 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£298K01/230.53 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£352K06/210.53 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£280K01/210.6 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£334K07/230.61 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£286K05/230.62 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£346K01/210.65 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£245K03/230.66 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£255K03/230.67 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£295K12/220.67 mi63b, Saxon Road, London, Greater London SE25 5EH2
£262K03/210.69 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.69 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£280K06/210.71 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£329.2K06/210.72 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£337.5K12/200.74 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£275K11/210.78 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£326K09/210.79 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£288K02/210.8 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£300K04/230.81 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£280K08/210.81 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£299.5K10/210.83 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£257K08/210.83 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.83 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£292.5K02/230.83 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£265K01/230.83 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£305K04/230.84 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£248K04/210.85 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£375K03/210.88 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£320K12/200.88 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£270K02/230.89 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£195K12/220.92 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£235K02/230.92 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£295K08/210.93 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£250K05/230.93 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£290K06/230.94 mi84, Watson Place, London, Greater London SE25 5FA2
£290K10/210.95 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£240K07/230.95 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£282.5K06/230.96 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£335K10/211 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/211 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2

Local Rents

50 rents from £1.4K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75002/240.01 mi-2
£1,75003/250.01 mi-2
£1,45003/240.04 mi-2
£2,50003/250.04 mi-2
£1,75012/240.04 miWhitehorse Road, Croydon, London, CR02
£1,50003/250.04 mi-2
£1,62512/240.09 mi-2
£1,62512/240.09 mi-2
£1,80001/250.09 mi-2
£1,70004/250.11 mi-2
£1,65012/240.12 mi-2
£1,50012/240.13 miSt James Road, Croydon, CR02
£2,00001/250.14 mi-2
£1,77702/240.14 mi-2
£1,77712/240.14 mi-2
£1,70004/250.14 mi-2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,80002/240.14 mi-2
£1,65012/240.15 miNoel Court, 23 Grenaby Road, Croydon, CR02
£1,65012/240.15 miGrenaby Road, East Croydon2
£3,20001/250.15 mi-2
£2,60012/240.15 mi-2
£1,62512/240.16 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,75012/240.16 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,85002/250.18 mi-2
£1,65012/240.18 miChartwell Close, Tavistock Road2
£1,60001/250.18 mi-2
£1,70003/250.18 mi-2
£1,80012/240.19 miTavistock Road, Croydon2
£1,77502/240.19 mi-2
£1,77502/250.19 mi-2
£1,80012/240.2 mi-2
£2,50002/250.2 mi-2
£2,40004/240.21 mi-2
£1,65002/250.21 mi-2
£1,40001/250.21 mi-2
£1,45012/240.23 miSydenham Road, Croydon2
£1,75012/240.24 miSydenham Road, Croydon2
£1,55002/250.24 mi-2
£1,75012/240.24 miSydenham Road, Croydon, CR02
£1,70003/250.24 mi-2
£1,75012/240.24 miSolar Court, Croydon, CR02
£1,75012/240.24 mi-2
£1,67502/250.24 mi-2
£1,72501/250.25 mi-2
£1,65002/250.25 mi-2
£1,50012/240.26 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £270,000

September 13, 2024

Floor Plans

Description

  • Two double bedrooms +
  • Ample built in storage throughout +
  • Private balcony +
  • Large open plan kitchen and living area +
  • Close proximity to East & West Croydon Stations +
  • Close to local amenities +
  • Well presented throughout +
  • Tiled and modern bathroom +

*Vendor's comments:* "Hello! I'm thrilled to introduce you to my charming 2-bedroom apartment in Croydon's vibrant heart. It's been an amazing home for me, and I'm confident you'll fall in love with it too. As soon as you walk in, you'll be greeted by a spacious living area perfect for cosy movie nights or entertaining friends. The kitchen boasts ample storage, making it a breeze to prepare your favourite dishes. Both bedrooms are generously sized and bathed in natural light, creating cosy retreats. I've even added a walk-in closet to one of the rooms, adding a touch of luxury to my daily routine. Having lived here for 10 years, I can attest to the excellent transport links that make commuting a breeze, whether you're heading to central London or beyond. Plus, being in the heart of Croydon means you're just a short walk away from shopping, restaurants, and parks. It's the perfect blend of convenience and comfort."

Agent Details

Truuli, Croydon

020 3834 8533

Next Steps?

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