3 Bed Semi-Detached House, Single Let, South Croydon, CR2 9EH, £500,000

3 Ellesmere Drive, Sanderstead, CR2 9EH - 7 months ago

Sold STC
BTL
123 m²
+11 photos

ValuationUndervalued

Sold Prices£195K - £635K
Sold Prices/m²£2.2K/m² - £9.2K/m²

 

 

Square Metres

123 m²
Price/m²£4.1K/m²

Value Estimate

£600,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£1,750 - £2,750

Rent Estimate

£1,188

Running Costs/mo

£1,820

Cashflow/mo

£-632

Cashflow/yr

£-7,585

Gross Yield

3%

Local Sold Prices

50 sold prices from £195K to £635K, average is £485K. £2.2K/m² to £9.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£525K06/210.02 mi234, Limpsfield Road, South Croydon, Greater London CR2 9DA3
£477K06/210.02 mi202, Limpsfield Road, South Croydon, Greater London CR2 9DA3
£450K10/200.05 mi4, Ellesmere Drive, South Croydon, Greater London CR2 9EG3
£378K06/210.05 mi8, Peartree Close, South Croydon, Greater London CR2 9BR3
£427K11/200.07 mi1, Attwood Close, South Croydon, Greater London CR2 9EN3
£408.5K02/210.08 mi18, Broadway Close, South Croydon, Greater London CR2 9EP3
£395K03/210.09 mi5, Ansley Close, South Croydon, Greater London CR2 9BQ3
£405K03/210.09 mi20, Ansley Close, South Croydon, Greater London CR2 9BQ3
£485K01/210.09 mi1, Oakapple Close, South Croydon, Greater London CR2 9BN3
£425K04/210.1 mi11, Claremont Close, South Croydon, Greater London CR2 9EQ3
£195K12/200.1 mi18, Claremont Close, South Croydon, Greater London CR2 9EQ3
£415K10/200.11 mi17, Wentworth Way, South Croydon, Greater London CR2 9EY3
£542K04/230.11 mi32, Wentworth Way, South Croydon, Greater London CR2 9EU3
£415K06/210.11 mi13, Field Close, South Croydon, Greater London CR2 9BH3
£405K06/210.13 mi12, Kings Walk, South Croydon, Greater London CR2 9BS3
£423K03/210.13 mi11, Kings Walk, South Croydon, Greater London CR2 9BS3
£555K06/210.14 mi15, Hilton Way, South Croydon, Greater London CR2 9ER3
£470K04/210.14 mi9, Hilton Way, South Croydon, Greater London CR2 9ER3
£515.5K09/210.16 mi205, Limpsfield Road, South Croydon, Greater London CR2 9DE3
£410K06/210.16 mi235, Limpsfield Road, South Croydon, Greater London CR2 9DE3
£570K09/210.19 mi283, Limpsfield Road, South Croydon, Greater London CR2 9DG3
£520K06/210.2 mi34, Harewood Gardens, South Croydon, Greater London CR2 9BG3
£425K04/210.23 mi15, Tudor Close, South Croydon, Greater London CR2 9DX3
£506K06/210.24 mi290, Limpsfield Road, South Croydon, Greater London CR2 9DD3
£550K07/230.24 mi256, Limpsfield Road, South Croydon, Greater London CR2 9DD3
£565K02/230.24 mi14, Hillsmead Way, South Croydon, Greater London CR2 9DL3
£485K03/210.24 mi9, Hillsmead Way, South Croydon, Greater London CR2 9DL3
£498K06/210.25 mi29, Princes Avenue, South Croydon, Greater London CR2 9BE3
£560K01/210.25 mi15, Hazelwood Grove, South Croydon, Greater London CR2 9DW3
£490K03/230.28 mi82, Harewood Gardens, South Croydon, Greater London CR2 9BJ3
£490K05/210.29 mi3, Leighton Gardens, South Croydon, Greater London CR2 9DZ3
£417.5K11/200.32 mi99, Harewood Gardens, South Croydon, Greater London CR2 9BW3
£555K06/230.34 mi20, Kingswood Avenue, South Croydon, Greater London CR2 9DQ3
£540K01/220.37 mi207, Tithepit Shaw Lane, Warlingham, Greater London CR6 9AW3
£450K06/210.38 mi241, Tithepit Shaw Lane, Warlingham, Greater London CR6 9AW3
£550K03/210.42 mi38, Audley Drive, Warlingham, Greater London CR6 9AH3
£600K06/230.42 mi10, Audley Drive, Warlingham, Greater London CR6 9AH3
£440K01/210.42 mi264, Tithepit Shaw Lane, Warlingham, Surrey CR6 9AQ3
£518K09/210.48 mi20, Kingswood Lane, Warlingham, Surrey CR6 9AG3
£450K06/230.49 mi13, Martin Close, Warlingham, Surrey CR6 9AD3
£480K06/210.49 mi7, Martin Close, Warlingham, Surrey CR6 9AD3
£600K04/210.49 mi53, Kingswood Lane, Warlingham, Greater London CR6 9AB3
£577.5K09/220.51 mi16, Martin Close, Warlingham, Surrey CR6 9AD3
£575K07/230.51 mi38, Riding Hill, South Croydon, Greater London CR2 9LN3
£587.5K02/210.51 mi7, Riding Hill, South Croydon, Greater London CR2 9LP3
£452K02/210.53 mi21, Holmwood Avenue, South Croydon, Greater London CR2 9HZ3
£445K10/200.53 mi11, Meadway, Warlingham, Surrey CR6 9RW3
£470K06/210.53 mi35, Meadway, Warlingham, Surrey CR6 9RW3
£595K06/210.54 mi101, Limpsfield Road, Warlingham, Surrey CR6 9RH3
£635K01/210.56 mi44, Mitchley Hill, South Croydon, Greater London CR2 9HB3

Local Rents

12 rents from £1.8K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.33 miWentworth Way, South Croydon, Surrey, CR2 9EZ3
£2,00012/240.35 miKingswood Avenue, South Croydon, Surrey, CR2 9DQ3
£1,90012/240.5 miKingswood Lane, Warlingham, CR63
£2,35011/230.83 mi-3
£1,87512/240.9 mi-3
£2,35003/251.03 mi-3
£2,60001/251.05 mi-3
£2,75004/251.08 mi-3
£2,15012/241.13 mi-3
£2,00011/231.14 mi-3
£1,95001/251.15 mi-3
£2,45003/251.21 mi-3

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £500,000

September 20, 2024

Floor Plans

Description

  • ** No Chain ** +
  • Conservatory +
  • Detached Garage +
  • Scope to extend STPP +
  • Excellent location +
  • Transport Links +
  • Close to schools & amenities +

*NO CHAIN*
*SCOPE TO EXTEND STPP*

Hannah James Estates are delighted to welcome to the market this 3 bed semi-detached property. Situated in a sought after road within a flat and level walk of Hamsey Green parade and would be ideal for families looking to be within the catchment area for local primary & secondary schools.

The ground floor benefits from two separate reception rooms. The generous sized dining room leads to a bright and airy conservatory with double doors leading out to a level secluded rear garden which has been well-maintained and stocked beautifully with plants and shrubs.
The galley kitchen with fitted cupboards also enjoys direct access to the rear garden. The boiler located in the kitchen requires replacement.

On the first floor are three good size bedrooms, two of which are doubles. From the landing you also have access to the family bathroom.

The property also benefits from a detached garage accessed through gates to the side of the property. There is a driveway which offers off street parking and ample unrestricted on-street parking too.

Located in a popular residential road close within flat walking distance to local shops and the bus services.

Adding to the appeal of this property are the numerous amenities on offer including the frequent 403 bus route linking Warlingham, Sanderstead and Croydon, excellent reputable schools for all ages including Warlingham, Riddlesdown Collegiate, Gresham and Atwood, local shops including Sainsbury's, Waitrose and Costa, mainline railway stations serving central London including Upper Warlingham, Caterham, Whyteleafe and Whyteleafe South whilst at Godstone is the M25 junction 6 which provides access to both Gatwick Airport and the south coast.

A short walk away is the 403 bus stop that goes to central Croydon via Sanderstead & Purley Oaks train stations in approximately 7 minutes. Both providing frequent and direct services to central London (Victoria and London Bridge). East Croydon is just a few stops away with transfers to London Gatwick and the coast. Upper Warlingham train station is also a short drive.

Many local beautiful walks can be found in Riddlesdown Common and Kings Wood along with open spaces including Sanderstead and Whyteleafe Recreation grounds

This property is within the Borough of Croydon so benefits from being within the Freedom Pass zone.

Agent Details

Hannah James Estate Agents, Sanderstead, South Croydon

020 3889 5959

Next Steps?

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