2 Bed Terraced House, Single Let, Croydon, CR0 1FJ, £300,000

Wandle Road, Croydon, CR0 1FJ - 1 views - 6 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£245K - £520K
Sold Prices/m²£3.8K/m² - £8.3K/m²

 

 

Square Metres

~67.80 m²
Price/m²£4.4K/m²

Value Estimate

£358,646
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,350 - £3,549

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £245K to £520K, average is £360.1K. £3.8K/m² to £8.3K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£405K01/210.1 mi108, Church Road, Croydon, Greater London CR0 1SD2
£325K10/210.13 mi51, Church Road, Croydon, Greater London CR0 1SJ2
£325K11/210.14 mi13, Fawcett Road, Croydon, Greater London CR0 1SP2
£378.5K11/210.15 mi19, Howley Road, Croydon, Greater London CR0 1AY2
£375K06/230.15 mi10, Queen Street, Croydon, Greater London CR0 1SY2
£335K04/230.16 mi44, Wandle Road, Croydon, Greater London CR0 1DE2
£330K09/210.18 mi13, West Street, Croydon, Greater London CR0 1DG2
£245K12/200.19 mi17, Old Town, Croydon, Greater London CR0 1AU2
£318K05/210.19 mi49, West Street, Croydon, Greater London CR0 1DJ2
£280K03/210.19 mi32, West Street, Croydon, Greater London CR0 1DJ2
£307.4K03/210.19 mi26, West Street, Croydon, Greater London CR0 1DJ2
£367.5K05/230.22 mi32, Lower Coombe Street, Croydon, Greater London CR0 1AA2
£375K11/210.23 mi40, Frith Road, Croydon, Greater London CR0 1TA2
£370K09/210.25 mi37, Abbey Road, Croydon, Greater London CR0 1RW2
£351.6K03/210.26 mi35, Abbey Road, Croydon, Greater London CR0 1RW2
£362.5K11/200.26 mi34, Keens Road, Croydon, Greater London CR0 1AH2
£360.2K03/210.26 mi35, Keens Road, Croydon, Greater London CR0 1AH2
£355K12/200.28 mi21, St Johns Road, Croydon, Greater London CR0 1RA2
£520K06/210.3 mi31, Harrisons Rise, Croydon, Greater London CR0 4LL2
£420K01/210.3 mi12, Tanfield Road, Croydon, Greater London CR0 1AL2
£430K05/210.3 mi60, Tanfield Road, Croydon, Greater London CR0 1AL2
£368K10/210.35 mi17, Bourne Street, Croydon, Greater London CR0 1XL2
£260K06/230.36 mi24, Borough Hill, Croydon, Greater London CR0 4LN2
£327.5K05/210.36 mi8, Borough Hill, Croydon, Greater London CR0 4LN2
£325K07/230.43 mi15, Cornwall Road, Croydon, Greater London CR0 3RD2
£335K01/210.45 mi10, Arundel Close, Croydon, Greater London CR0 4BR2
£350K07/230.45 mi32, Westfield Road, Croydon, Greater London CR0 3RH2
£345K08/230.45 mi26, Westfield Road, Croydon, Greater London CR0 3RH2
£360K12/200.47 mi24, Siddons Road, Croydon, Greater London CR0 4JR2
£350K06/210.47 mi9, Lennox Gardens, Croydon, Greater London CR0 4HR2
£352K04/230.48 mi16, Ainsworth Road, Croydon, Greater London CR0 3SH2
£330K08/210.49 mi30, Theobald Road, Croydon, Greater London CR0 3RN2
£420K02/230.51 mi67, Derby Road, Croydon, Greater London CR0 3SF2
£400K06/210.53 mi65, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.55 mi15a, Birdhurst Avenue, South Croydon, Greater London CR2 7DX2
£430K02/230.6 mi1, Alpine Close, Croydon, Greater London CR0 5UN2
£390K06/210.6 mi12, Alpine Close, Croydon, Greater London CR0 5UN2
£460K04/230.66 mi22, Cliffe Road, South Croydon, Greater London CR2 6PQ2
£350K12/220.67 mi13, Cliffe Road, South Croydon, Greater London CR2 6PQ2
£381K01/230.67 mi65, Oval Road, Croydon, Greater London CR0 6BQ2
£320K07/210.68 mi5, Jennett Road, Croydon, Greater London CR0 4NR2
£350K06/210.73 mi45, St Peters Street, South Croydon, Greater London CR2 7DG2
£405K10/200.73 mi41, St Peters Street, South Croydon, Greater London CR2 7DG2
£436K12/220.73 mi47, St Peters Street, South Croydon, Greater London CR2 7DG2
£338K01/230.74 mi14, Upland Road, South Croydon, Greater London CR2 6RD2
£385K03/210.74 mi27, Upland Road, South Croydon, Greater London CR2 6RD2
£381K10/210.74 mi60, St Peters Street, South Croydon, Greater London CR2 7DE2
£382.5K06/210.74 mi58, St Peters Street, South Croydon, Greater London CR2 7DE2
£350K10/210.74 mi20, St Peters Street, South Croydon, Greater London CR2 7DE2
£487K01/210.75 mi32, Oval Road, Croydon, Greater London CR0 6BJ2

Local Rents

50 rents from £1.4K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80012/240 miWandle Road, Croydon, CR02
£1,75002/240 mi-2
£1,80012/240.01 miWandle Road, Croydon, CR02
£1,80012/240.01 miCentre View Apartments, Central Croydon, Croydon, CR02
£1,55012/240.02 miWhitgift Street, Croydon CR02
£1,70012/240.03 mi-2
£1,65001/250.03 mi-2
£1,35012/240.04 miGreen Dragon House, Croydon , CR02
£1,50012/240.04 miGreen Dragon House2
£2,30003/250.04 mi-2
£1,45012/240.04 miHigh Street, Croydon, CR02
£2,10012/240.05 mi-2
£1,65012/240.05 miScarbrook Road, Croydon, CR02
£1,85012/240.05 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.05 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.05 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,90012/240.05 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,90012/240.05 miThe Exchange, Central Croydon, Croydon, CR02
£1,80012/240.06 miThe Exchange, Scarbrook Road, CR02
£1,80012/240.06 miThe Exchange2
£1,80012/240.06 miThe Exchange, Croydon CR02
£1,90003/250.06 mi-2
£1,80012/240.07 miScarbrook Road, Croydon, CR02
£1,80012/240.07 miScarbrook Road, Croydon, CR02
£1,90012/240.07 miScarbrook Road, Croydon, CR02
£2,99702/240.07 mi-2
£3,54902/250.07 mi-2
£1,50012/240.07 mi-2
£1,45001/250.07 mi-2
£1,45012/240.07 mi-2
£1,75012/240.09 miHamilton Apartments, Croydon, CR02
£1,47503/240.09 mi-2
£1,95012/240.11 miBridge House, Croydon, CR02
£1,95012/240.11 miBridge House, Croydon, CR02
£2,35003/240.11 mi-2
£1,95002/240.11 mi-2
£2,35012/240.11 mi-2
£2,25003/250.11 mi-2
£1,75003/250.11 mi-2
£1,75012/240.11 miHigh Street, Croydon, CR02
£1,60012/240.12 miEdridge Road, Central Croydon2
£1,70002/240.13 mi-2
£1,60012/240.15 miHigh Street, Croydon, CR02
£1,80012/240.15 miLeon House, High Street, Croydon2
£1,98511/240.16 mi-2
£1,85012/240.16 miHigh Street, Croydon, CR02
£1,70012/240.16 miOld Palace Road, Croydon, London, CR02
£1,70012/240.16 miOld Palace Road, Croydon, London, CR02
£1,75002/240.16 mi-2
£1,75003/240.16 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £300,000

December 27, 2024

Listed for £325,000

September 30, 2024

Floor Plans

Description

  • Allocated parking +
  • Two double bedrooms +
  • Good decoration +
  • Close to local amenities +
  • Three communal roof terraces +

A lovely two double bedroom tenth floor apartment for sale in the sought-after Vertex building in central Croydon.

The bright accommodation comprises open-plan reception room/modern kitchen, two double bedrooms, contemporary bathroom and a balcony. The property further benefits from an allocated parking space, communal terraces and a concierge.

Wandle Road is well-located for access to the bars, shops, and restaurants in Central and East Croydon.

Agent Details

Stirling Ackroyd Sales, Croydon

020 3872 3474

Next Steps?

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