3 Bed Semi-Detached House, Cash/Bridging Only, Croydon, CR0 4NB, £475,000





ValuationOvervalued
Sold Prices | £375K - £630K |
Sold Prices/m² | £3.5K/m² - £7K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £5.1K/m² |
Value Estimate | £464,939£464,939 |
| |
End Value (After Refurb) | £465,000£465,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £118,750£118,750 |
Stamp Duty & Legal Fees | £26,700£26,700 |
Refurb Costs | £49,155£49,155 |
Bridging Loan Interest | £12,469£12,469 |
Total Cash In | £208,824£208,824 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £465,000£465,000 |
Mortgage (After Refinance) | £348,750£348,750 |
Mortgage LTV | 75%75% |
Cash Left In | £208,824£208,824 |
Equity | £116,250£116,250 |
Rent Range | £1,750 - £2,599£1,750 - £2,599 |
Rent Estimate | £2,247 |
Running Costs/mo | £1,923£1,923 |
Cashflow/mo | £324£324 |
Cashflow/yr | £3,894£3,894 |
ROI | 2%2% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £375K to £630K, average is £464K. £3.5K/m² to £7K/m², average is £5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£428K | 01/21 | 0.05 mi | 45, Benson Road, Croydon, Greater London CR0 4LR | £4,458 | 96 | 3 | Terraced House | |
£459.4K | 05/21 | 0.06 mi | Shirley, St Leonards Road, Croydon, Greater London CR0 4BN | £4,549 | 101 | 3 | Semi-Detached House | |
£463K | 09/21 | 0.12 mi | 23, Kemble Road, Croydon, Greater London CR0 4JQ | - | - | 3 | Semi-Detached House | |
£470K | 02/21 | 0.13 mi | 15, Courtney Road, Croydon, Greater London CR0 4LS | £4,434 | 106 | 3 | Detached House | |
£465K | 10/21 | 0.14 mi | 3, Glen Gardens, Croydon, Greater London CR0 4BQ | - | - | 3 | Terraced House | |
£520K | 06/21 | 0.15 mi | 31, Harrisons Rise, Croydon, Greater London CR0 4LL | £5,652 | 92 | 3 | Detached House | |
£455K | 05/21 | 0.16 mi | 2, Waddon Close, Croydon, Greater London CR0 4JT | £4,417 | 103 | 3 | Terraced House | |
£490K | 05/21 | 0.16 mi | 9, Waddon Park Avenue, Croydon, Greater London CR0 4LW | - | - | 3 | Semi-Detached House | |
£475K | 12/21 | 0.16 mi | 57, Waddon Park Avenue, Croydon, Greater London CR0 4LW | £4,095 | 116 | 3 | Semi-Detached House | |
£530K | 12/20 | 0.16 mi | 75, Waddon Park Avenue, Croydon, Greater London CR0 4LW | £4,775 | 111 | 3 | Semi-Detached House | |
£450K | 06/21 | 0.16 mi | 71, Waddon Park Avenue, Croydon, Greater London CR0 4LW | - | - | 3 | Semi-Detached House | |
£555K | 12/21 | 0.18 mi | 27, Godson Road, Croydon, Greater London CR0 4LT | £5,441 | 102 | 3 | Semi-Detached House | |
£375K | 02/23 | 0.26 mi | 49, Old Town, Croydon, Greater London CR0 1AU | £4,076 | 92 | 3 | Terraced House | |
£465K | 07/23 | 0.29 mi | 46, Lodge Avenue, Croydon, Greater London CR0 4JZ | £5,225 | 89 | 3 | Terraced House | |
£427.5K | 05/21 | 0.29 mi | 26, Lodge Avenue, Croydon, Greater London CR0 4JZ | £5,344 | 80 | 3 | Terraced House | |
£390K | 08/21 | 0.3 mi | 10, Cranmer Road, Croydon, Greater London CR0 1SR | £4,756 | 82 | 3 | Terraced House | |
£431K | 04/21 | 0.33 mi | 18, Waddon Court Road, Croydon, Greater London CR0 4AG | £5,193 | 83 | 3 | Semi-Detached House | |
£424.5K | 03/21 | 0.42 mi | 31, Court Drive, Croydon, Greater London CR0 4QA | - | - | 3 | Semi-Detached House | |
£380K | 12/20 | 0.42 mi | 9, Old School Place, Croydon, Greater London CR0 4GA | £4,810 | 79 | 3 | Terraced House | |
£460K | 03/21 | 0.43 mi | 44, Violet Lane, Croydon, Greater London CR0 4HF | £5,679 | 81 | 3 | Semi-Detached House | |
£525K | 05/23 | 0.43 mi | 108, The Ridgeway, Croydon, Greater London CR0 4AF | - | - | 3 | Semi-Detached House | |
£425K | 03/21 | 0.44 mi | 12, Laud Street, Croydon, Greater London CR0 1SU | £5,449 | 78 | 3 | Semi-Detached House | |
£483.6K | 12/22 | 0.44 mi | 40, Tanfield Road, Croydon, Greater London CR0 1AL | - | - | 3 | Terraced House | |
£492.5K | 05/23 | 0.45 mi | 61, Tanfield Road, Croydon, Greater London CR0 1AN | - | - | 3 | Terraced House | |
£485K | 03/21 | 0.46 mi | 75, The Ridgeway, Croydon, Greater London CR0 4AH | £4,491 | 108 | 3 | Semi-Detached House | |
£450K | 12/20 | 0.46 mi | 43, Croydon Road, Beddington, Croydon, Greater London CR0 4QD | £5,357 | 84 | 3 | Semi-Detached House | |
£450K | 02/23 | 0.46 mi | 56, Lynwood Gardens, Croydon, Greater London CR0 4QH | £4,891 | 92 | 3 | Terraced House | |
£560K | 02/21 | 0.46 mi | 46, Wandle Road, Croydon, Greater London CR0 1DF | - | - | 3 | Semi-Detached House | |
£375K | 11/21 | 0.47 mi | 32, Southbridge Road, Croydon, Greater London CR0 1AE | £3,641 | 103 | 3 | Terraced House | |
£510K | 05/23 | 0.47 mi | 19, Brafferton Road, Croydon, Greater London CR0 1AD | £4,636 | 110 | 3 | Terraced House | |
£610K | 03/23 | 0.49 mi | 2, West Street, Croydon, Greater London CR0 1DG | £6,040 | 101 | 3 | Terraced House | |
£412K | 02/23 | 0.49 mi | 55, Clarendon Road, Croydon, Greater London CR0 3SJ | £4,905 | 84 | 3 | Semi-Detached House | |
£465K | 03/21 | 0.51 mi | 66, Croydon Road, Beddington, Croydon, Greater London CR0 4PB | £3,496 | 133 | 3 | Terraced House | |
£550K | 07/23 | 0.53 mi | 38, Cherry Hill Gardens, Croydon, Greater London CR0 4QL | - | - | 3 | Semi-Detached House | |
£630K | 04/21 | 0.56 mi | 80, Croydon Road, Beddington, Croydon, Greater London CR0 4PD | £5,294 | 119 | 3 | Detached House | |
£570K | 12/22 | 0.57 mi | 21, Grafton Road, Croydon, Greater London CR0 3RP | £5,534 | 103 | 3 | Terraced House | |
£620K | 03/23 | 0.58 mi | 10, Lavington Road, Croydon, Greater London CR0 4PP | £6,526 | 95 | 3 | Semi-Detached House | |
£530K | 08/21 | 0.6 mi | 9, Lavington Road, Croydon, Greater London CR0 4PQ | £5,327 | 100 | 3 | Semi-Detached House | |
£387K | 09/21 | 0.61 mi | 166, Sumner Road South, Croydon, Greater London CR0 3LY | £4,917 | 79 | 3 | Semi-Detached House | |
£585K | 05/23 | 0.63 mi | 94, Croydon Road, Beddington, Croydon, Greater London CR0 4PE | - | - | 3 | Semi-Detached House | |
£379.9K | 12/20 | 0.63 mi | 25, Merebank Lane, Croydon, Greater London CR0 4NP | £4,999 | 76 | 3 | Terraced House | |
£436K | 11/20 | 0.63 mi | 7, Merebank Lane, Croydon, Greater London CR0 4NP | £4,317 | 101 | 3 | Terraced House | |
£375K | 02/21 | 0.63 mi | 13, Merebank Lane, Croydon, Greater London CR0 4NP | £4,630 | 81 | 3 | Terraced House | |
£402.5K | 07/21 | 0.64 mi | 1, Richmond Green, Croydon, Greater London CR0 4SA | - | - | 3 | Semi-Detached House | |
£420K | 05/21 | 0.64 mi | 4, Godalming Avenue, Wallington, Greater London SM6 8NH | - | - | 3 | Terraced House | |
£425K | 07/23 | 0.65 mi | 11, Coldharbour Way, Croydon, Greater London CR0 4DX | £5,380 | 79 | 3 | Semi-Detached House | |
£600K | 01/23 | 0.67 mi | 12, Oakley Avenue, Croydon, Greater London CR0 4QP | £7,018 | 86 | 3 | Semi-Detached House | |
£475K | 03/21 | 0.68 mi | 21, Headley Avenue, Wallington, Greater London SM6 8NQ | £5,337 | 89 | 3 | Terraced House | |
£442K | 11/20 | 0.68 mi | 10, Headley Avenue, Wallington, Greater London SM6 8NQ | £5,315 | 83 | 3 | Terraced House | |
£510K | 07/23 | 0.68 mi | 17, Headley Avenue, Wallington, Greater London SM6 8NQ | £5,484 | 93 | 3 | Terraced House |
Local Rents
52 rents from £1.8K/mo to £2.6K/mo, average is £2.3K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,850 | 12/24 | 0.06 mi | St Leonards Road, Croydon | 3 | Flat | |
£2,400 | 01/25 | 0.08 mi | - | 3 | Flat | |
£2,400 | 01/25 | 0.08 mi | - | 3 | Flat | |
£1,850 | 12/24 | 0.1 mi | - | 3 | Terraced House | |
£1,750 | 12/24 | 0.13 mi | Kemble Road | 3 | Flat | |
£1,775 | 12/24 | 0.15 mi | - | 3 | Terraced House | |
£1,775 | 12/24 | 0.15 mi | Vicarage Road, Croydon, CR0 | 3 | Terraced House | |
£1,775 | 12/24 | 0.15 mi | Vicarage Road, Croydon, CR0 | 3 | Terraced House | |
£1,850 | 03/24 | 0.21 mi | - | 3 | Flat | |
£1,800 | 12/24 | 0.21 mi | - | 3 | Flat | |
£2,000 | 02/25 | 0.21 mi | - | 3 | Semi-Detached House | |
£2,300 | 12/24 | 0.21 mi | - | 3 | Semi-Detached House | |
£2,500 | 03/25 | 0.22 mi | - | 3 | Terraced House | |
£2,500 | 03/25 | 0.24 mi | - | 3 | Flat | |
£1,950 | 12/24 | 0.26 mi | - | 3 | Terraced House | |
£1,950 | 12/24 | 0.26 mi | - | 3 | Terraced House | |
£2,400 | 02/25 | 0.28 mi | - | 3 | Terraced House | |
£2,100 | 02/24 | 0.29 mi | - | 3 | Terraced House | |
£2,200 | 03/25 | 0.29 mi | - | 3 | Terraced House | |
£2,200 | 03/25 | 0.29 mi | - | 3 | Terraced House | |
£2,100 | 12/24 | 0.34 mi | - | 3 | Terraced House | |
£2,195 | 03/25 | 0.38 mi | - | 3 | Terraced House | |
£2,490 | 03/25 | 0.39 mi | - | 3 | Semi-Detached House | |
£2,200 | 12/24 | 0.41 mi | Theobald Road | 3 | Terraced House | |
£2,300 | 02/25 | 0.42 mi | - | 3 | Terraced House | |
£2,599 | 12/24 | 0.42 mi | The Ridgeway, Croydon, CR0 | 3 | Detached House | |
£2,599 | 12/24 | 0.42 mi | - | 3 | Semi-Detached House | |
£2,500 | 12/24 | 0.42 mi | Boulevard Point, Croydon, CR0 | 3 | Flat | |
£2,500 | 03/25 | 0.43 mi | - | 3 | Flat | |
£2,500 | 03/25 | 0.43 mi | - | 3 | Flat | |
£2,225 | 12/24 | 0.43 mi | Southbridge Road, Croydon, CR0 | 3 | Flat | |
£2,000 | 03/25 | 0.45 mi | - | 3 | Semi-Detached House | |
£1,995 | 01/25 | 0.45 mi | - | 3 | Flat | |
£2,300 | 12/24 | 0.46 mi | - | 3 | Semi-Detached House | |
£2,350 | 12/24 | 0.47 mi | - | 3 | Flat | |
£1,995 | 03/25 | 0.47 mi | - | 3 | Flat | |
£1,750 | 12/24 | 0.48 mi | Tanfield Road, Croydon, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.51 mi | Wandle Road, Croydon, CR0 | 3 | Flat | |
£2,400 | 02/24 | 0.51 mi | - | 3 | Flat | |
£2,220 | 12/24 | 0.51 mi | Grafton Quarter - Caro House, ,Croydon, CR0 | 3 | Flat | |
£2,220 | 12/24 | 0.51 mi | Grafton Quarter - Caro House, ,Croydon, CR0 | 3 | Flat | |
£2,500 | 12/24 | 0.51 mi | Richmond Road, Croydon, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.51 mi | Grafton Quarter - Chadwick House, Croydon, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.51 mi | Watteau Square, Croydon CR0 | 3 | Flat | |
£1,950 | 12/24 | 0.53 mi | Croydon, Surrey, CR0 | 3 | Flat | |
£1,900 | 12/24 | 0.53 mi | Croydon, Surrey, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.54 mi | Grafton Quarter, Croydon, London, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.54 mi | Grafton Quarter, Croydon, London, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.54 mi | Grafton Quarter , Croydon, London, CR0 | 3 | Flat | |
£2,400 | 12/24 | 0.54 mi | Grafton Quarter, Croydon, London, CR0 | 3 | Flat | |
£2,350 | 12/24 | 0.54 mi | Grafton Quarter, Croydon, London, CR0 | 3 | Flat | |
£2,350 | 12/24 | 0.54 mi | Grafton Quarter, Croydon, London, CR0 | 3 | Flat |
Local Area Statistics
Population in CR0 | 153,803153,803 |
Population in Croydon | 153,811153,811 |
Town centre distance | 1.78 miles away1.78 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.20 miles away0.20 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +10%+10% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +6%+6% |
Property History
Listed for £475,000
November 6, 2024
Description
- Refurbishment Required +
- Entrance Hall +
- Two Receptions +
- Kitchen +
- Cloakroom +
- Conservatory +
- Three Bedrooms +
- Garden +
- Garage at Rear +
- No Chain +
NO CHAIN: Kenyons are pleased to offer for sale this three bedroom semi-detached house that requires refurbishment. The property offers good size rooms and although requires work it does have the benefit of gas central heating, mostly double glazed windows and a garage located at the rear. The property is conveniently located within walking distance of the local shops and is well served with good transport facilities with various bus routes and Waddon mainline train station providing access to central London and the surrounding towns. Offered for sale with NO CHAIN - Viewing recommended.
* REFURBISHMENT REQUIRED *
* ENTRANCE PORCH * ENTRANCE HALL * LOUNGE * DINING ROOM * KITCHEN *
* CLAOKROOM * * CONSERVATORY * THREE BEDROOMS * BATHROOM *
* FRONT & REAR GARDENS * GARAGE AT REAR *
* GAS CENTRAL HEATING * MOSTLY DOUBLE GLAZED *
* CONVENIENT LOCATION *
* OFFERED FOR SALE WITH NO CHAIN *
ENTRANCE PORCH:
ENTRANCE HALL: Radiator, plate rail, understairs storage cupboard.
LOUNGE: 15'6 x 12'5 max. Bay window having front aspect, radiator, feature fireplace.
DINING ROOM: 13'2 x 11'2. Patio doors have access to rear garden, radiator, feature fireplace.
KITCHEN: 9'9 X 8'10 max. Fitted with range of base and eye level units, worksurfaces, sink unit, appliance space, door and window to conservatory.
CONSERVATORY: 10'6 X 7'11 max. Patio door to rear garden, window to side, storage cupboard door to cloakroom.
CLOAKROOM: With low flush w.c.
FROM ENTRANCE HALL STAIRS TO FIRST FLOOR LANDING:
BEDROOM ONE: 15'9 X 11'7. Window having front aspect, radiator.
BEDROOM TWO: 13'2 X 9'9. Window having rear aspect, built in wardrobes and storage, wash hand basin, radiator.
BEDROOM THREE: 8'3 x 7'10. Window having front aspect, radiator.
BATHROOM: 9'5 X 7'10. With white suite comprising: panel enclosed bath, wash hand basin, low flush w.c, storage cupboards, window to rear.
GARDEN: 50Ft approx. in length. Patio area, area lawn, further area leading to rear section and detached garage, rear gate leading to access road.
GARAGE: Detached single garage located at the rear of the garden, accessed via shared rear access road located off Duppas Road.
TENURE: FREEHOLD.
NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.
MAKING AN OFFER:
If you would like to make an offer for this property - ALL OFFERS MUST BE SUBMITTED IN WRITING
Please submit your offer via email
If you have any queries, please contact us
With your offer we will need the following details/information from you.
-
Contact Details - Your Name, Address, Phone Number and Email Address
-
Proof of ID - Either copy of - Passport or Photo Driving Licence
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The amount you are offering for the property
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Details of your position - (are you a first time buyer, do you have a property to sell - if you have your own property under offer we will need the details of the estate agent you are selling through)
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Details of how you will be financing the purchase. (Are you a cash buyer or if you need a mortgage). Who you will be getting a mortgage from - the amount you will need to borrowing and how much deposit you will be putting into the property.
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Proof of funding to include a copy of a mortgage agreement & proof of deposit amount. If you are a cash buyer we will need to see copies of statements or a letter from your solicitors confirming you have cash funds available.
Once we have the above information, we can then submit your offer to the vendor for consideration.
Kenyons - Established 1984
Celebrating 40 Years of successfully selling and letting properties in the local area.
NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.