2 Bed Flat, Single Let, Croydon, CR0 2BJ, £285,000

Milton Road, Croydon, Surrey, CR0 2BJ - 7 months ago

Under Offer
BTL
ROI: 3%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£200K - £660K
Sold Prices/m²£2.5K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.2K/m²

Value Estimate

£299,673
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£1,300 - £3,200

Rent Estimate

£1,419

Running Costs/mo

£1,194

Cashflow/mo

£225

Cashflow/yr

£2,695

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £660K, average is £286.5K. £2.5K/m² to £6.1K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£294K03/230.2 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£352K06/210.3 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£295K11/210.41 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£334K07/230.41 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£320K12/220.45 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£298K01/230.46 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£220K03/230.49 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£262K03/210.5 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.5 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£337.5K12/200.52 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£329.2K06/210.52 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£275K11/210.54 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£265K08/210.57 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£300K04/230.57 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£290K07/230.58 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.58 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£257K08/210.6 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.6 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.6 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£248K04/210.63 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£299.5K10/210.64 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£346K01/210.64 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£326K09/210.65 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£215K04/210.67 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£292.5K02/230.7 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£320K12/200.71 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£295K12/220.71 mi63b, Saxon Road, London, Greater London SE25 5EH2
£375K03/210.72 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£282.5K06/230.73 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£280K08/210.77 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£280K01/210.79 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£288K02/210.81 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£335K10/210.81 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.81 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£660K06/210.81 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£260K06/210.82 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£290K06/230.83 mi84, Watson Place, London, Greater London SE25 5FA2
£245K12/210.85 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£245K03/230.86 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£286K05/230.86 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£280K06/210.87 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£375K02/230.89 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£270K02/230.9 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£255K03/230.9 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£340K02/210.94 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£255K07/230.94 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£200K06/210.95 mi7, Coe Avenue, London, Greater London SE25 5HN2
£367.5K09/210.97 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£235K02/230.97 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£260K02/210.97 mi58, Woodside Green, London, Greater London SE25 5EU2

Local Rents

50 rents from £1.3K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,50002/250.06 mi-2
£1,60001/250.07 mi-2
£1,85002/250.07 mi-2
£1,40012/240.08 miGloucester Road, Croydon, CR02
£2,60012/240.09 mi-2
£3,20001/250.09 mi-2
£1,65012/240.1 miNoel Court, 23 Grenaby Road, Croydon, CR02
£1,65012/240.11 miGrenaby Road, East Croydon2
£2,89702/240.12 mi-2
£2,99912/240.12 mi-2
£2,99912/240.12 mi-2
£2,59903/250.12 mi-2
£1,70004/250.13 mi-2
£1,45012/240.16 miSydenham Road, Croydon2
£1,72501/250.16 mi-2
£1,50012/240.17 miSt James Road, Croydon, CR02
£2,40004/240.17 mi-2
£1,30012/240.17 mi Lansdowne Road, Croydon2
£1,75012/240.18 mi-2
£1,67502/250.18 mi-2
£1,75012/240.18 miSolar Court, Croydon, CR02
£1,75012/240.18 miSydenham Road, Croydon, CR02
£1,75012/240.18 miSydenham Road, Croydon2
£2,00012/240.19 miDavidson Road, CROYDON2
£1,65012/240.19 miChartwell Close, Tavistock Road2
£1,89502/250.22 mi-2
£1,62512/240.22 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,75012/240.22 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,65002/250.22 mi-2
£1,40012/240.23 miLansdown Road, East Croydon, CR02
£1,69503/250.23 mi-2
£1,55012/240.24 miAlexandra Road, CROYDON2
£1,80012/240.24 miTavistock Road, Croydon2
£1,50012/240.24 miAlexandra Road, Croydon, Surrey, CR02
£1,77502/250.24 mi-2
£1,50003/250.24 mi-2
£1,75002/240.24 mi-2
£1,75003/250.24 mi-2
£1,45003/240.24 mi-2
£1,55012/240.24 miAlexandra Road, Croydon2
£1,77502/240.24 mi-2
£1,75012/240.24 miWhitehorse Road, Croydon, London, CR02
£2,50003/250.24 mi-2
£1,55012/240.25 miDavidson Road, Croydon, CR02
£1,65012/240.26 mi-2
£1,80012/240.26 mi-2
£2,00012/240.26 miLansdowne Road, Croydon, CR02
£1,77702/240.26 mi-2
£1,77712/240.26 mi-2
£1,70004/250.26 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £285,000

September 18, 2024

Floor Plans

Description

  • Split level +
  • Private garden +
  • Share of freehold +
  • Popular residential road +
  • Excellent transport links into The City +

We are thrilled to bring to the market this exceptional split-level, two-bedroom garden flat, located on a sought-after and highly regarded road, just moments from East Croydon station.

This bright and airy property on Milton Road boasts an impressive 616 sq. ft. of stylish living space. The home features two generously sized double bedrooms, a spacious and inviting reception room, a well-appointed kitchen/diner, a modern bathroom, and a sizable private garden—perfect for entertaining or relaxing.

Ideal for commuters, the flat offers unparalleled access to The City, with East Croydon station just a short stroll away, along with convenient tram stops and popular bus routes. Additionally, Croydon town centre is nearby, as well as Lower Addiscombe Road—a vibrant high street with a variety of local shops, including a traditional butcher, greengrocer, florist, and well-known supermarkets.

Given the high demand for properties in this area, we highly recommend booking an internal viewing to fully appreciate the charm and stunning features of this exceptional home. Don't miss out on this fantastic opportunity!

Agent Details

Livin Estate Agents, Croydon

020 3909 9652

Next Steps?

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