3 Bed Terraced House, Planning Permission, CR7 6AF, £470,000

Whitehall Road, Thornton Heath, CR7 6AF - 1 views - 5 months ago

Planning
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£330K - £530K
Sold Prices/m²£3.2K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£436,296

 

 

End Value (After Refurb)

£460,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£117,500

Stamp Duty & Legal Fees

£26,300

Refurb Costs

£49,200

Bridging Loan Interest

£12,338

Total Cash In

£207,088

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£460,000

Mortgage (After Refinance)

£345,000

Mortgage LTV

75%

Cash Left In

£207,088

Equity

£115,000

Rent Range

£1,350 - £3,000

Rent Estimate

£2,030

Running Costs/mo

£1,864

Cashflow/mo

£167

Cashflow/yr

£1,998

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £330K to £530K, average is £428.5K. £3.2K/m² to £6.1K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£438K02/210.03 mi42, Whitehall Road, Thornton Heath, Greater London CR7 6AE3
£500K01/230.04 mi62, Broughton Road, Thornton Heath, Greater London CR7 6AL3
£530K12/220.04 mi66, Broughton Road, Thornton Heath, Greater London CR7 6AL3
£432.5K06/230.15 mi22, Ramsey Road, Thornton Heath, Greater London CR7 6BX3
£440K03/210.19 mi46, Fairlands Avenue, Thornton Heath, Greater London CR7 6HA3
£425K06/210.19 mi11, Fairlands Avenue, Thornton Heath, Greater London CR7 6HD3
£400K02/230.2 mi4, Harcourt Road, Thornton Heath, Greater London CR7 6BU3
£417.5K06/210.21 mi114, Harcourt Road, Thornton Heath, Greater London CR7 6BW3
£432.5K06/210.21 mi92, Harcourt Road, Thornton Heath, Greater London CR7 6BW3
£470K06/230.23 mi57, Gonville Road, Thornton Heath, Greater London CR7 6DF3
£440K08/210.24 mi78, Silverleigh Road, Thornton Heath, Greater London CR7 6DW3
£340K03/230.25 mi20, Stanley Grove, Croydon, Greater London CR0 3QU3
£476K04/230.26 mi52, Grove Road, Thornton Heath, Greater London CR7 6HL3
£408K09/200.28 mi61, Raymead Avenue, Thornton Heath, Greater London CR7 7SB3
£435K06/210.29 mi38, Colliers Water Lane, Thornton Heath, Greater London CR7 7LA3
£506.3K12/220.3 mi8, Kirklees Road, Thornton Heath, Greater London CR7 6HP3
£432K07/210.33 mi57, Dovercourt Avenue, Thornton Heath, Greater London CR7 7LJ3
£382K05/230.34 mi246, Thornton Road, Croydon, Greater London CR0 3EU3
£375K01/210.37 mi66, Penshurst Road, Thornton Heath, Greater London CR7 7EB3
£375K01/210.37 mi66, Penshurst Road, Thornton Heath, Greater London CR7 7EB3
£520K01/230.38 mi129, Fairlands Avenue, Thornton Heath, Greater London CR7 6HJ3
£405K04/210.38 mi190, Silverleigh Road, Thornton Heath, Greater London CR7 6DS3
£380K02/210.39 mi207, Silverleigh Road, Thornton Heath, Greater London CR7 6DT3
£340K05/210.4 mi30, Norman Road, Thornton Heath, Greater London CR7 7ED3
£450K06/230.4 mi6, Norman Road, Thornton Heath, Greater London CR7 7ED3
£340K03/210.4 mi78, Mayfield Road, Thornton Heath, Greater London CR7 6DJ3
£360K03/230.42 mi127, Bensham Lane, Thornton Heath, Greater London CR7 7EW3
£450K07/230.42 mi30, Haslemere Road, Thornton Heath, Greater London CR7 7BE3
£375K03/210.43 mi25, Maplethorpe Road, Thornton Heath, Greater London CR7 7LZ3
£397K04/210.43 mi31, Penshurst Road, Thornton Heath, Greater London CR7 7EE3
£400K06/210.43 mi42, Malvern Road, Thornton Heath, Greater London CR7 7LQ3
£470K03/230.44 mi4, Grove Road, Thornton Heath, Greater London CR7 6HH3
£425K03/210.44 mi65, Mayfield Road, Thornton Heath, Greater London CR7 6DN3
£425K01/210.44 mi45, Malvern Road, Thornton Heath, Greater London CR7 7LW3
£337K03/210.45 mi58, Beverstone Road, Thornton Heath, Greater London CR7 7LT3
£475K02/210.46 mi89, Leander Road, Thornton Heath, Greater London CR7 6JZ3
£470K03/210.46 mi101, Leander Road, Thornton Heath, Greater London CR7 6JZ3
£380K10/210.46 mi89, Torridge Road, Thornton Heath, Greater London CR7 7EZ3
£500K03/210.47 mi9, Langdale Road, Thornton Heath, Greater London CR7 7PS3
£460K09/210.47 mi19, Langdale Road, Thornton Heath, Greater London CR7 7PS3
£507K05/230.48 mi118, Leander Road, Thornton Heath, Greater London CR7 6JW3
£330K06/210.48 mi7, Nutfield Road, Thornton Heath, Greater London CR7 7DP3
£380K01/210.48 mi11, Aurelia Road, Croydon, Greater London CR0 3BE3
£455K02/230.48 mi10, Nutfield Road, Thornton Heath, Greater London CR7 7DL3
£485K03/230.49 mi4, Broad Green Avenue, Croydon, Greater London CR0 2ST3
£420K05/210.49 mi3, Mayfield Crescent, Thornton Heath, Greater London CR7 6DH3
£485K12/220.5 mi79, Torridge Road, Thornton Heath, Greater London CR7 7EZ3
£456K06/220.51 mi231, Silverleigh Road, Thornton Heath, Greater London CR7 6DX3
£407K06/210.52 mi235, Silverleigh Road, Thornton Heath, Greater London CR7 6DX3
£420K07/230.52 mi286, Mitcham Road, Croydon, Greater London CR0 3JN3

Local Rents

50 rents from £1.4K/mo to £3K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00003/240.14 miKeston Road, CR73
£2,10003/240.14 miKeston Road, CR73
£2,10003/240.14 miKeston Road, THORNTON HEATH3
£2,10003/240.14 miKeston Road, THORNTON HEATH3
£2,10004/240.14 miKeston Road, THORNTON HEATH3
£2,10004/240.14 miKeston Road, THORNTON HEATH3
£2,10004/240.14 miKeston Road, THORNTON HEATH3
£2,00003/240.2 miFairlands Avenue, Thornton Heath, CR73
£1,90003/240.28 miWoodcroft Road, Thornton Heath3
£2,30003/250.29 mi-3
£2,20005/240.29 miColliers Water Lane, CR73
£1,85003/250.29 mi-3
£1,95001/250.3 mi-3
£2,20001/250.31 mi-3
£2,20003/240.32 mi-3
£2,00002/240.32 mi-3
£1,85003/240.34 miPenshurst Road, Thornton Heath, CR73
£2,00012/240.34 miAshley Road, Thornton Heath3
£2,00004/240.41 miNorman Road, Thornton Heath, CR73
£2,20012/240.42 mi-3
£1,70003/240.42 miLondon Road, Thornton Heath, CR73
£1,90012/240.43 mi-3
£1,80004/240.43 miLakehall Road, Croydon CR73
£2,00005/240.44 mi-3
£2,00012/240.45 miCecil Road, Croydon, CR03
£2,00003/240.45 miLakehall Road, Thornton Heath, CR73
£2,10003/240.45 mi-3
£2,00003/240.45 miBeverstone Road, THORNTON HEATH3
£1,35010/230.45 miLodge Road, Croydon, CR03
£2,10004/240.47 miBeverstone Road, Thornton Heath, Surrey, CR73
£2,60012/240.49 mi-3
£2,00002/250.5 mi-3
£1,70002/250.5 mi-3
£2,10003/250.51 mi-3
£1,90002/250.51 mi-3
£2,10010/230.52 miGrafton quarter, Croydon3
£2,00010/230.52 miGrafton quarter, Croydon3
£2,00010/230.52 miGrafton quarter, Croydon3
£1,80010/230.52 miGrafton quarter, Croydon3
£2,00010/230.52 miGrafton Quarter, Croydon3
£2,00012/240.52 mi-3
£2,00002/250.53 mi-3
£3,00003/250.53 mi-3
£1,95003/240.53 mi-3
£2,00012/240.53 miWestcombe Avenue, Croydon, CR03
£1,80003/250.53 mi-3
£2,40001/250.55 mi-3
£2,15002/240.55 mi-3
£2,15012/240.55 miMitcham Road, Croydon, CR03
£2,00012/240.56 miConstance Road, West Croydon3

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)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £470,000

October 22, 2024

Floor Plans

Description

  • Mid-terrace +

  • Three-bedrooms +

  • Through-lounge +

  • No onward chain +

  • Close by to Thornton Heath Station +

SUMMARY
This end-of-terrace family home, complete with off-street parking, is situated in a sought-after location with no onward chain.

DESCRIPTION
The ground floor offers a spacious hallway, a large through lounge, and a dining room ideal for hosting. A superb, bright, and airy kitchen leads out to a generously sized rear garden, perfect for outdoor enjoyment.

On the first floor, you'll find three well-proportioned bedrooms and a modern three-piece bathroom. A further benefit of this property is the sizable loft, offering excellent potential for an extension, subject to planning permission.

Conveniently located near Thornton Heath Station (Zone 4), the high street, and various local amenities, this home is an excellent purchase for any buyer looking for space, convenience, and future potential.

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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