3 Bed Semi-Detached House, Refurb/BRRR, South Croydon, CR2 9ER, £375,000

29 Hilton Way, South Croydon, Greater London, CR2 9ER - 2 views - 5 months ago

Sold STC
Refurb/BRRR
~93 m²
+10 photos

ValuationFair Value

Sold Prices£195K - £600K
Sold Prices/m²£2.2K/m² - £9.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£382,500

 

 

End Value (After Refurb)

£450,448

Uplift in Value

+20%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£49,214

Bridging Loan Interest

£9,844

Total Cash In

£173,257

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£450,448

Mortgage (After Refinance)

£337,836

Mortgage LTV

75%

Cash Released

£56,586

Cash Left In

£116,672

Equity

£112,612

Rent Range

£1,750 - £2,750

Rent Estimate

£1,721

Running Costs/mo

£1,772

Cashflow/mo

£-51

Cashflow/yr

£-610

Gross Yield

6%

Local Sold Prices

50 sold prices from £195K to £600K, average is £478.5K. £2.2K/m² to £9.2K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£555K06/210.02 mi15, Hilton Way, South Croydon, Greater London CR2 9ER3
£470K04/210.02 mi9, Hilton Way, South Croydon, Greater London CR2 9ER3
£425K04/210.07 mi11, Claremont Close, South Croydon, Greater London CR2 9EQ3
£195K12/200.07 mi18, Claremont Close, South Croydon, Greater London CR2 9EQ3
£425K04/210.08 mi15, Tudor Close, South Croydon, Greater London CR2 9DX3
£408.5K02/210.12 mi18, Broadway Close, South Croydon, Greater London CR2 9EP3
£415K10/200.13 mi17, Wentworth Way, South Croydon, Greater London CR2 9EY3
£570K09/210.13 mi283, Limpsfield Road, South Croydon, Greater London CR2 9DG3
£498K06/210.13 mi29, Princes Avenue, South Croydon, Greater London CR2 9BE3
£485K01/210.13 mi1, Oakapple Close, South Croydon, Greater London CR2 9BN3
£506K06/210.14 mi290, Limpsfield Road, South Croydon, Greater London CR2 9DD3
£550K07/230.14 mi256, Limpsfield Road, South Croydon, Greater London CR2 9DD3
£415K06/210.16 mi13, Field Close, South Croydon, Greater London CR2 9BH3
£525K06/210.16 mi234, Limpsfield Road, South Croydon, Greater London CR2 9DA3
£477K06/210.16 mi202, Limpsfield Road, South Croydon, Greater London CR2 9DA3
£427K11/200.17 mi1, Attwood Close, South Croydon, Greater London CR2 9EN3
£450K10/200.18 mi4, Ellesmere Drive, South Croydon, Greater London CR2 9EG3
£378K06/210.19 mi8, Peartree Close, South Croydon, Greater London CR2 9BR3
£520K06/210.2 mi34, Harewood Gardens, South Croydon, Greater London CR2 9BG3
£540K01/220.22 mi207, Tithepit Shaw Lane, Warlingham, Greater London CR6 9AW3
£395K03/210.22 mi5, Ansley Close, South Croydon, Greater London CR2 9BQ3
£405K03/210.22 mi20, Ansley Close, South Croydon, Greater London CR2 9BQ3
£542K04/230.22 mi32, Wentworth Way, South Croydon, Greater London CR2 9EU3
£490K03/230.23 mi82, Harewood Gardens, South Croydon, Greater London CR2 9BJ3
£405K06/210.23 mi12, Kings Walk, South Croydon, Greater London CR2 9BS3
£423K03/210.23 mi11, Kings Walk, South Croydon, Greater London CR2 9BS3
£450K06/210.24 mi241, Tithepit Shaw Lane, Warlingham, Greater London CR6 9AW3
£555K06/230.26 mi20, Kingswood Avenue, South Croydon, Greater London CR2 9DQ3
£417.5K11/200.27 mi99, Harewood Gardens, South Croydon, Greater London CR2 9BW3
£440K01/210.28 mi264, Tithepit Shaw Lane, Warlingham, Surrey CR6 9AQ3
£515.5K09/210.31 mi205, Limpsfield Road, South Croydon, Greater London CR2 9DE3
£410K06/210.31 mi235, Limpsfield Road, South Croydon, Greater London CR2 9DE3
£550K03/210.34 mi38, Audley Drive, Warlingham, Greater London CR6 9AH3
£600K06/230.34 mi10, Audley Drive, Warlingham, Greater London CR6 9AH3
£450K06/230.36 mi13, Martin Close, Warlingham, Surrey CR6 9AD3
£480K06/210.36 mi7, Martin Close, Warlingham, Surrey CR6 9AD3
£577.5K09/220.38 mi16, Martin Close, Warlingham, Surrey CR6 9AD3
£565K02/230.39 mi14, Hillsmead Way, South Croydon, Greater London CR2 9DL3
£485K03/210.39 mi9, Hillsmead Way, South Croydon, Greater London CR2 9DL3
£518K09/210.39 mi20, Kingswood Lane, Warlingham, Surrey CR6 9AG3
£560K01/210.41 mi15, Hazelwood Grove, South Croydon, Greater London CR2 9DW3
£445K10/200.43 mi11, Meadway, Warlingham, Surrey CR6 9RW3
£470K06/210.43 mi35, Meadway, Warlingham, Surrey CR6 9RW3
£595K06/210.43 mi101, Limpsfield Road, Warlingham, Surrey CR6 9RH3
£490K05/210.44 mi3, Leighton Gardens, South Croydon, Greater London CR2 9DZ3
£375K04/210.44 mi69, Hamsey Green Gardens, Warlingham, Surrey CR6 9RT3
£600K04/210.45 mi53, Kingswood Lane, Warlingham, Greater London CR6 9AB3
£530K08/220.54 mi174, Limpsfield Road, Warlingham, Surrey CR6 9RB3
£475K04/210.54 mi170, Limpsfield Road, Warlingham, Surrey CR6 9RB3
£420K02/210.59 mi81, Verdayne Gardens, Warlingham, Surrey CR6 9RP3

Local Rents

10 rents from £1.8K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.17 miWentworth Way, South Croydon, Surrey, CR2 9EZ3
£2,00012/240.3 miKingswood Avenue, South Croydon, Surrey, CR2 9DQ3
£1,90012/240.45 miKingswood Lane, Warlingham, CR63
£1,87512/240.77 mi-3
£2,60001/250.94 mi-3
£2,35011/230.96 mi-3
£2,15012/241 mi-3
£2,00011/231 mi-3
£2,35003/251.05 mi-3
£2,75003/251.21 mi-3

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.62 miles away

Nearest school

0.30 miles away

Nearest train station

1 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £375,000

October 30, 2024

Sold for £81,000

1996

Floor Plans

Description

  • 3 Bedroom Semi-Detached Home +
  • Requires Complete Modernisation +
  • 2 Reception Rooms +
  • Kitchen +
  • First Floor Bathroom & Separate W.C +
  • Gas Central Heating and Double Glazing +
  • Front & Rear Gardens +
  • VENDOR FOUND +
  • CHAIN FREE BUYERS ONLY +

Hubbard Torlot are pleased to bring to the market this well proportioned 3 bedroom semi-detached home, set on a level plot within walking distance of popular schools to include Warlingham High and Atwood Primary. The property does require internal updating and re-decoration but does benefit from gas central heating and double glazing. Chain Free Buyers only - Call now to view

Adding to the appeal of this property are the numerous amenities on offer including the frequent 403 bus route linking Warlingham, Sanderstead and Croydon, excellent reputable schools for all ages including Warlingham, Riddlesdown Collegiate, Gresham and Atwood, local shops including Sainsbury's, Waitrose and Costa, mainline railway stations serving central London including Upper Warlingham, Caterham, Whyteleafe and Whyteleafe South whilst at Godstone is the M25 junction 6 which provides access to both Gatwick Airport and the south coast.

Agent Details

Hubbard Torlot, Sanderstead

020 3910 6353

Next Steps?

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