dealsourcr

3 Bed Flat, Single Let, Croydon, CR0 2NS, £290,000

London Road, Croydon, CR0 2NS - 7 views - 6 months ago

Under Offer
Leasehold
BTL
ROI: 8%
~93 m²

ValuationUndervalued

Sold Prices£250K - £580K
Sold Prices/m²£3.3K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£362,335
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,350 - £3,000

Rent Estimate

£1,856

Running Costs/mo

£1,297

Cashflow/mo

£559

Cashflow/yr

£6,703

ROI

8%

Gross Yield

8%

Local Sold Prices

21 sold prices from £250K to £580K, average is £320K. £3.3K/m² to £5K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£250K03/230.12 mi3b, Canterbury Road, Croydon, Greater London CR0 3PY3
£267K03/210.64 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£422.5K05/230.94 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£330K03/231.1 mi132a, Melfort Road, Thornton Heath, Greater London CR7 7RP3
£362K07/231.14 mi63a, Stretton Road, Croydon, Greater London CR0 6ES3
£286K06/211.16 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£530K10/221.23 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£280K05/211.28 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£300K02/211.4 miFlat 16, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP3
£580K12/211.46 mi71, Tennison Road, London, Greater London SE25 5RY3
£276K10/211.47 mi14, Old School Place, Croydon, Greater London CR0 4GA3
£345K06/211.5 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£320K02/231.53 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£255K06/231.53 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£260K03/231.54 mi4a, Aberdeen Road, Croydon, Greater London CR0 1EQ3
£290K02/211.57 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£360K01/231.57 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£320K06/231.61 mi38c, Warham Road, South Croydon, Greater London CR2 6LA3
£415K10/201.66 mi54, Birchanger Road, London, Greater London SE25 5BB3
£354K11/211.72 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£407.5K09/211.99 mi2, Dunster Way, Wallington, Greater London SM6 7DA3

Local Rents

50 rents from £1.4K/mo to £3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,10003/240.02 mi-3
£1,90002/250.06 mi-3
£1,70002/250.08 mi-3
£2,00012/240.08 mi-3
£2,00012/240.16 miConstance Road, West Croydon3
£3,00003/250.23 mi-3
£2,40001/250.23 mi-3
£1,35010/230.25 miLodge Road, Croydon, CR03
£2,20002/250.26 mi-3
£2,20012/240.26 mi-3
£1,80004/250.27 mi-3
£2,30001/250.28 mi-3
£2,20012/240.3 miGreenwood Road, Croydon, CR03
£1,90002/240.33 mi-3
£2,00004/250.33 mi-3
£2,10002/240.33 mi-3
£2,00002/240.33 mi-3
£1,85003/240.33 mi-3
£1,85012/240.33 miZodiac Court, Croydon, CR03
£2,10010/230.33 miGrafton quarter, Croydon3
£2,00010/230.33 miGrafton quarter, Croydon3
£2,00010/230.33 miGrafton quarter, Croydon3
£1,80010/230.33 miGrafton quarter, Croydon3
£2,00010/230.33 miGrafton Quarter, Croydon3
£2,00003/240.35 miKeston Road, CR73
£2,10003/240.35 miKeston Road, CR73
£2,10003/240.35 miKeston Road, THORNTON HEATH3
£2,10003/240.35 miKeston Road, THORNTON HEATH3
£2,10004/240.35 miKeston Road, THORNTON HEATH3
£2,10004/240.35 miKeston Road, THORNTON HEATH3
£2,10004/240.35 miKeston Road, THORNTON HEATH3
£1,85002/240.36 mi-3
£2,30004/250.37 mi-3
£2,10003/250.37 mi-3
£1,90003/240.37 miWoodcroft Road, Thornton Heath3
£2,15002/240.38 mi-3
£2,15012/240.38 miMitcham Road, Croydon, CR03
£2,20001/250.39 mi-3
£2,30012/240.41 miChapman Road, Croydon3
£1,80003/250.46 mi-3
£2,20003/240.46 mi-3
£2,10012/240.47 mi-3
£2,22012/240.48 mi-3
£1,90012/240.49 miChapman Road, CR0 3NU3
£2,00003/240.49 mi-3
£1,85003/240.49 miPenshurst Road, Thornton Heath, CR73
£1,90004/250.5 mi-3
£2,25012/240.5 miGrafton Road, Croydon, London, CR03
£2,22012/240.5 miGrafton Road, Croydon, London, CR03
£2,35012/240.5 miGrafton Road, Croydon, London, CR03

Links

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £290,000

October 14, 2024

Floor Plans

Description

  • Impressive 3 bedroom apartment +
  • Spacious reception room +
  • Semi open plan kitchen +
  • Good sized bedrooms +
  • Beautiful communal Gardens +
  • Lift +
  • Moments from local amenities +

Set within a great secure development this superb 3 bedroom apartment boasts bright and spacious accommodation, en suite facilities and delightful communal gardens.

London Road offers a superb selection of shops, pubs and cafes while local transport links include many bus, tram and rail services.

Please use the reference CHPK3964246 when contacting Foxtons.

Agent Details

Foxtons, Croydon

020 3907 3418

Next Steps?

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

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