4 Bed Semi-Detached House, Refurb/BRRR, South Croydon, CR2 7NH, £635,000

Farley Road, South Croydon, CR2 7NH - 3 views - 5 months ago

Sold STC
Refurb/BRRR
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£484K - £997.6K
Sold Prices/m²£3.6K/m² - £8.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.9K/m²

Value Estimate

£590,750

 

 

End Value (After Refurb)

£706,406

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£158,750

Stamp Duty & Legal Fees

£39,500

Refurb Costs

£68,400

Bridging Loan Interest

£16,669

Total Cash In

£285,069

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£706,406

Mortgage (After Refinance)

£529,804

Mortgage LTV

75%

Cash Released

£53,554

Cash Left In

£231,515

Equity

£176,601

Rent Range

£1,800 - £4,500

Rent Estimate

£2,626

Running Costs/mo

£2,753

Cashflow/mo

£-127

Cashflow/yr

£-1,521

Gross Yield

5%

Local Sold Prices

50 sold prices from £484K to £997.6K, average is £714.5K. £3.6K/m² to £8.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£705K08/210.15 mi158, Littleheath Road, South Croydon, Greater London CR2 7SF4
£785K12/220.15 mi136, Littleheath Road, South Croydon, Greater London CR2 7SF4
£695K09/210.15 mi51, Croham Valley Road, South Croydon, Greater London CR2 7JG4
£590K06/210.15 mi50, Ballards Way, South Croydon, Greater London CR2 7JL4
£640K03/210.15 mi16, Ballards Way, South Croydon, Greater London CR2 7JL4
£680K06/230.15 mi42, Ballards Way, South Croydon, Greater London CR2 7JL4
£500K12/200.18 mi55, Ballards Way, South Croydon, Greater London CR2 7JP4
£751K04/230.18 mi61, Ballards Way, South Croydon, Greater London CR2 7JP4
£705K09/210.19 mi163, Farley Road, South Croydon, Greater London CR2 7NN4
£775K10/220.25 mi128, Littleheath Road, South Croydon, Greater London CR2 7SE4
£730K01/230.28 mi34, The Gallop, South Croydon, Greater London CR2 7LP4
£685K11/210.29 mi78, Ballards Way, South Croydon, Greater London CR2 7LA4
£495K04/210.32 mi27, Chestnut Grove, South Croydon, Greater London CR2 7LL4
£722K12/220.33 mi102, Farley Road, South Croydon, Greater London CR2 7NE4
£625K03/210.34 mi42, Hollingsworth Road, Croydon, Greater London CR0 5RP4
£635K02/210.34 mi10, Hollingsworth Road, Croydon, Greater London CR0 5RP4
£850K02/210.35 mi7, Chapel View, South Croydon, Greater London CR2 7LG4
£750K07/230.38 mi12, Brent Road, South Croydon, Greater London CR2 7NR4
£710K05/230.42 mi89, Farley Road, South Croydon, Greater London CR2 7NJ4
£720K12/200.46 mi153, Upper Selsdon Road, South Croydon, Greater London CR2 0DU4
£595K04/210.46 mi85, Upper Selsdon Road, South Croydon, Greater London CR2 0DP4
£600K11/200.51 mi12, Crozier Drive, South Croydon, Greater London CR2 8DX4
£625K11/200.51 mi14, Crozier Drive, South Croydon, Greater London CR2 8DX4
£675K03/210.57 mi229, Upper Selsdon Road, South Croydon, Greater London CR2 0DZ4
£595K12/200.58 mi18, Rylandes Road, South Croydon, Greater London CR2 8EA4
£782.5K12/220.59 mi21, Wisborough Road, South Croydon, Greater London CR2 0DR4
£700K10/210.59 mi6, Langley Oaks Avenue, South Croydon, Greater London CR2 8DH4
£645K10/200.59 mi37, Langley Oaks Avenue, South Croydon, Greater London CR2 8DL4
£840K11/200.59 mi59, Arkwright Road, South Croydon, Greater London CR2 0LP4
£587.5K04/210.59 mi13, Rylandes Road, South Croydon, Greater London CR2 8EB4
£780K05/230.61 mi16, Arundel Avenue, South Croydon, Greater London CR2 8BA4
£997.6K11/220.62 mi18, Manor Way, South Croydon, Greater London CR2 7BR4
£840K03/210.62 mi66, Arkwright Road, South Croydon, Greater London CR2 0LL4
£484K06/230.65 mi98, Foxearth Road, South Croydon, Greater London CR2 8EF4
£890K02/210.68 mi23, Manor Way, South Croydon, Greater London CR2 7BT4
£525K12/220.68 mi44, Warren Avenue, South Croydon, Greater London CR2 8HU4
£935K10/210.68 mi15, Sandhurst Close, South Croydon, Greater London CR2 0AD4
£523K03/210.69 mi16, Upper Selsdon Road, South Croydon, Greater London CR2 8DE4
£727.5K12/200.7 mi33, Arundel Avenue, South Croydon, Greater London CR2 8BJ4
£722K06/210.73 mi55, Elmfield Way, South Croydon, Greater London CR2 0EJ4
£647K02/210.73 mi95, Arundel Avenue, South Croydon, Greater London CR2 8BL4
£740K02/210.73 mi67, Arundel Avenue, South Croydon, Greater London CR2 8BL4
£725K06/210.74 mi24, Norfolk Avenue, South Croydon, Greater London CR2 8BN4
£950K11/200.74 mi83a, Croham Manor Road, South Croydon, Greater London CR2 7BH4
£801.2K09/210.75 mi120, Arundel Avenue, South Croydon, Greater London CR2 8BH4
£709K02/210.75 mi114, Arundel Avenue, South Croydon, Greater London CR2 8BH4
£930K12/220.75 mi68, Croham Manor Road, South Croydon, Greater London CR2 7BF4
£800K05/230.75 mi80, Norfolk Avenue, South Croydon, Greater London CR2 8BS4
£719K04/210.75 mi104, Norfolk Avenue, South Croydon, Greater London CR2 8BS4
£910K02/210.76 mi434, Selsdon Road, South Croydon, Greater London CR2 0DF4

Local Rents

50 rents from £1.8K/mo to £4.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.31 miLittleheath Road, South Croydon CR23
£1,95012/240.31 miLittleheath Road, South Croydon, Cr2 7SJ3
£2,75012/240.36 miChapel View, South Croydon4
£3,80003/250.49 mi-3
£2,25012/240.52 miRidge Langley, Sanderstead, Surrey, CR2 0AP3
£2,95012/240.56 miManor Way, South Croydon4
£3,20012/240.6 miCoombe Lane, Shirley, Croydon, CR04
£3,20012/240.62 miCoombe Lane4
£2,25012/240.62 miArkwright Road South Croydon CR23
£4,30012/240.62 mi6 Elmfield Way CR2 0ED5
£3,25012/240.62 miManor Way South Croydon CR25
£4,50012/240.64 miArkwright Road, Croydon, South Croydon, CR26
£4,40012/240.65 miSouth Croydon, CR25
£4,50012/240.65 miCR2 0LL6
£1,90012/240.66 miFoxearth Road, South Croydon, Surrey, CR2 8EN3
£1,90012/240.66 miFoxearth Road, South Croydon3
£2,15012/240.67 miElmfield Way, South Croydon3
£2,35002/250.67 mi-3
£2,50012/240.7 miSanderstead, South Croydon4
£2,95012/240.73 miTrinity Close, CR34
£2,25002/240.74 mi-3
£3,25012/240.75 miSanderstead, Surrey3
£2,85003/250.76 mi-3
£2,85003/250.76 mi-5
£3,15012/240.77 miSouth Croydon, CR25
£3,05001/250.8 mi-5
£3,15002/250.8 mi-5
£1,99511/240.81 mi-3
£1,95001/250.83 mi-3
£2,50001/250.85 mi-4
£2,50012/240.85 miCroham Road, South Croydon, CR24
£2,50012/240.85 mi-4
£2,25012/240.93 miBriton Hill Road, South Croydon3
£2,40012/240.93 miBriton Hill Road, South Croydon3
£3,90003/250.95 mi-5
£2,20012/240.96 miGravel Hill Croydon CR03
£2,80009/241.01 mi-4
£3,50002/251.06 mi-5
£2,50012/241.06 mi-4
£4,00012/241.08 miDornton Road, South Croydon, CR25
£4,00012/241.08 miDornton Road, South Croydon, CR26
£4,00012/241.08 miDornton Road5
£1,90012/241.1 mi-3
£1,90012/241.1 miCampion Close, Croydon, CR03
£1,90012/241.1 miCampion Close, Croydon, Surrey, CR03
£2,20012/241.11 mi-3
£2,20012/241.11 miChelsham Road, South Croydon, CR23
£1,85002/241.13 mi-3
£2,40012/241.14 miCaroline Close, East Croydon, CR04
£1,80012/241.14 miSunnynook Gardens, Croydon, CR23

Local Area Statistics

Population in CR2

48,427

Town centre distance

0.56 miles away

Nearest school

0.40 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £635,000

October 25, 2024

Floor Plans

Description

  • No Onward Chain +
  • 4 Bedroom Semi-detached +
  • 2 Reception Rooms +
  • Spacious Accommodation Throughout +
  • Excellent Size Bedrooms +
  • Modern Shower Room +
  • Garage +
  • Parking For Numerous Cars +
  • Viewing Recommended +

CHAIN FREE - Hubbard Torlot are pleased to present to the market this most attractive 4 bedroom semi detached family home which is set back from Farley Road. Although requiring modernisation the property offers excellent family accommodation throughout and comprises a welcoming entrance hall, spacious bay fronted lounge with fireplace, rear reception room with doors leading out to the garden, kitchen with side side door to a rear lobby with access to the garage along with front and rear garden.
On the first floor is a modern shower room as well as four excellent size bedrooms whilst externally is a rear garden, garage and parking for several cars to the front. An internal viewing is strongly recommended.

Adding to the appeal of the home are the great amenities in the local and surrounding area including several mainline railway stations operating on separate lines, bus services including the frequent 403/64/433 service linking Croydon, Sanderstead and Warlingham, shopping facilities at Croydon, Purley and Sanderstead Village as well as excellent state and private school for all ages including Royal Russell, Whitgift, Trinity and Coombe Wood. The M25/M23 junction 6 can be found at Godstone and provides access to Gatwick Airport, the south coast and Bluewater Shopping Centre.

Agent Details

Hubbard Torlot, Selsdon

020 3376 6187

Next Steps?

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

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