2 Bed Flat, Single Let, CR7 7HU £245,000

London Road, Thornton Heath, CR7 7HU - a year ago
Leasehold
BTL
ROI: 8%
~82 m²
Property image

ValuationUndervalued

Sold Prices£184K - £345K
Sold Prices/m²£3K/m² - £6K/m²

 

 

Square Metres

~81.85 m²
Price/m²£3K/m²

Value Estimate

£298,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£15,850

Total Cash In

£77,100

 

 

Cash Out

 

Rent Range

£1,400 - £2,503

Rent Estimate

£1,600

Running Costs/mo

£1,106

Cashflow/mo

£494

Cashflow/yr

£5,933

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £184K to £345K, average is £262K. £3K/m² to £6K/m², average is £4.3K/m².

Price
Date
Distance
Address
Beds
 
£195K12/220.11 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£275K04/250.23 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£275K04/250.23 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£250K03/250.41 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£250K03/250.41 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£240K07/250.42 mi2, 25, Cameron Road, Croydon CR0 2SR2
£280K11/240.42 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£286K05/230.45 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£280K06/210.47 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£260K01/250.48 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£272.5K01/250.5 mi85, St Saviour's Road, Croydon CR0 2XF2
£310K12/240.51 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£290K07/230.51 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.51 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£235K02/250.52 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.52 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£340K09/220.53 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£255K03/230.53 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£225.6K10/240.6 miWarwick Gardens, 61, London Road, Thornton Heath CR7 7NB2
£260K09/220.63 mi53, St Christophers Gardens, Thornton Heath, Greater London CR7 7NS2
£184K04/250.64 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.64 mi35, Carew Road, Thornton Heath CR7 7RF2
£190K03/250.65 mi1, St Christopher's Gardens, Thornton Heath CR7 7NS2
£190K03/250.65 mi1, St Christopher's Gardens, Thornton Heath CR7 7NS2
£260K09/210.65 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£287.5K08/230.65 mi56, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£231K02/250.67 mi17, Warwick Road, Thornton Heath CR7 7NH2
£231K02/250.67 mi17, Warwick Road, Thornton Heath CR7 7NH2
£295K03/230.67 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£261K07/210.67 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£258K02/250.68 mi189 Gary Court, Flat 39, London Road, Croydon CR0 2DR2
£295K08/210.68 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£295K11/210.69 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£305K04/230.7 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£290K10/210.7 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£320K02/230.72 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£265K08/210.73 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£245K03/230.77 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£220K03/230.77 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£300K08/240.79 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£312K10/240.81 mi176, Ground Floor Flat At, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£185K06/210.81 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£240K07/230.83 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£270K02/230.83 mi46, Kelvin Gardens, Croydon, Greater London CR0 4UR2
£270K10/210.84 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£345K11/210.85 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£260K07/250.85 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£263K02/230.86 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£275K08/210.86 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£295K12/220.88 mi63b, Saxon Road, London, Greater London SE25 5EH2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,65010/250 miLondon Road, Thornton Heath2
£1,52510/250.03 miLondon Road, THORNTON HEATH2
£2,50303/250.04 mi-2
£2,27503/250.04 mi-2
£1,67504/250.04 mi-2
£1,51702/250.12 mi-2
£1,80008/250.2 miFrant Road Thornton Heath CR72
£1,80009/250.2 mi. Dunheved Road, Croydon, Thornton Heath, CR72
£1,80011/250.2 mi. Dunheved Road, Croydon, Thornton Heath, CR72
£1,55004/240.2 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60011/250.2 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,60006/250.21 miColliers Water Lane, Thornton Heath, CR72
£1,60007/250.21 miLondon Road, THORNTON HEATH2
£1,60011/250.21 miLondon Road, THORNTON HEATH2
£1,60004/240.22 miLondon Road, Thornton Heath, CR72
£1,60011/250.22 miLondon Road, Thornton Heath, CR72
£1,45003/250.23 mi-2
£1,67511/250.25 miFiveacres Close, Thornton Heath, Surrey, CR72
£1,60011/250.25 miFiveacre Close, Thorton Heath2
£1,60008/250.26 mi70 Gary Court2
£1,60003/240.26 miFiveacre Close, Thornton Heath2
£1,70004/240.26 miLakehall Road, THORNTON HEATH2
£1,65005/240.26 miLakehall Road, THORNTON HEATH2
£1,85007/250.27 mi-2
£1,85006/250.27 mi-2
£1,70007/250.28 miSouthwell Road, Croydon, London, CR02
£1,60006/250.29 mi-2
£1,60007/250.29 mi-2
£1,85007/250.3 miSouthwell Road, Croydon, CR02
£1,60001/250.3 mi-2
£1,65003/240.31 miGonville RoadThornton HeathSurrey2
£1,65003/240.31 miGonville RoadThornton HeathSurrey2
£1,65010/250.32 miLondon Road, Thornton Heath, CR72
£1,40007/250.32 miLondon Road, Croydon, CR0 3PF2
£1,60002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70002/250.32 mi-2
£1,70003/250.32 mi-2
£1,70003/250.32 mi-2
£1,65003/250.32 mi-2
£1,60004/250.32 mi-2
£1,50006/250.32 miLondon Road, Thornton Heath, CR7 2
£1,90009/250.33 mi-2
£1,69506/250.33 mi-2
£1,69506/250.33 miGonville Road, London, CR72
£1,85007/250.33 miBensham Lane, Thornton Heath, CR72

Local Area Statistics

Population in cr7

44,620

Nearest school

0.30 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £245,000

November 7, 2025

Price changed to £250,000

November 12, 2024

Listed for £260,000

October 11, 2024

Floor Plans

Property image

Description

  • Top floor flat +
  • Two bedrooms +
  • Ample storage +
  • Sky light +
  • No onward chain +
  • Resident parking +
  • Close by to excellent transport links +

SUMMARY
New to the market, this spacious two double-bedroom top-floor flat offers a convenient location near Thornton Heath and Croydon, with a range of local amenities and excellent transport links.

DESCRIPTION
The property comprises a roomy living area with space for dining, two large bedrooms, a bathroom, and a fitted kitchen. Additional highlights include high ceilings, ample storage throughout, resident parking, and a long lease of 125 Years. With no onward chain, this property is an excellent choice for first-time buyers and a great investment opportunity for buy-to-let buyers.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Thornton Heath

020 3835 3547

Next Steps?

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