2 Bed Flat, Single Let, CR7 8HT, £250,000





ValuationUndervalued
Sold Prices | £185K - £442.5K |
Sold Prices/m² | £3K/m² - £6.5K/m² |
| |
Square Metres | ~61.87 m² |
Price/m² | £4K/m² |
Value Estimate | £292,413£292,413 |
BMV | 17% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £62,500£62,500 |
Stamp Duty & Legal Fees | £13,700£13,700 |
Total Cash In | £76,200£76,200 |
| |
Cash Out | |
Rent Range | £1,400 - £2,100£1,400 - £2,100 |
Rent Estimate | £1,456 |
Running Costs/mo | £1,092£1,092 |
Cashflow/mo | £364£364 |
Cashflow/yr | £4,363£4,363 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £185K to £442.5K, average is £300K. £3K/m² to £6.5K/m², average is £4.7K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£302K | 12/20 | 0 mi | 212, Northwood Road, Thornton Heath, Greater London CR7 8HT | £5,808 | 52 | 2 | Flat | |
£265K | 11/21 | 0.01 mi | 208, Northwood Road, Thornton Heath, Greater London CR7 8HT | £4,015 | 66 | 2 | Flat | |
£273K | 12/20 | 0.15 mi | Ground Floor Flat, 118, Burlington Road, Thornton Heath, Greater London CR7 8PF | - | - | 2 | Flat | |
£225K | 11/20 | 0.2 mi | Flat 7, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA | - | - | 2 | Flat | |
£308.6K | 09/21 | 0.23 mi | 8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL | £5,059 | 61 | 2 | Flat | |
£290K | 02/21 | 0.28 mi | 179, Mersham Road, Thornton Heath, Greater London CR7 8NU | £4,203 | 69 | 2 | Flat | |
£289K | 02/21 | 0.28 mi | 181, Mersham Road, Thornton Heath, Greater London CR7 8NU | £4,313 | 67 | 2 | Flat | |
£365K | 11/22 | 0.29 mi | 227, Mersham Road, Thornton Heath, Greater London CR7 8NW | £5,615 | 65 | 2 | Flat | |
£300K | 12/20 | 0.31 mi | 294, Grange Road, Upper Norwood, London, Greater London SE19 3DF | £5,357 | 56 | 2 | Flat | |
£330K | 04/21 | 0.33 mi | 301, Grange Road, London, Greater London SE25 6TD | £4,024 | 82 | 2 | Flat | |
£335K | 03/21 | 0.33 mi | 24, Spurgeon Road, London, Greater London SE19 3UF | £6,442 | 52 | 2 | Flat | |
£255K | 06/21 | 0.35 mi | 57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD | £3,515 | 73 | 2 | Flat | |
£240K | 05/23 | 0.37 mi | 5, Parchmore Way, Thornton Heath, Greater London CR7 8HL | - | - | 2 | Flat | |
£442.5K | 05/23 | 0.38 mi | 1e, Beulah Hill, London, Greater London SE19 3LQ | £4,671 | 95 | 2 | Flat | |
£321.6K | 02/23 | 0.39 mi | 145, Menlo Gardens, London, Greater London SE19 3DX | £4,406 | 73 | 2 | Flat | |
£325K | 11/21 | 0.4 mi | 199, Grange Road, London, Greater London SE25 6TG | £4,643 | 70 | 2 | Flat | |
£307.5K | 06/21 | 0.41 mi | 53, Hythe Road, Thornton Heath, Greater London CR7 8QR | £4,457 | 69 | 2 | Flat | |
£250K | 07/21 | 0.41 mi | 8, Menlo Gardens, London, Greater London SE19 3DU | £4,237 | 59 | 2 | Flat | |
£320K | 06/21 | 0.43 mi | 33, Freethorpe Close, London, Greater London SE19 3LX | £5,161 | 62 | 2 | Flat | |
£300K | 02/21 | 0.43 mi | Flat 14, South View Court, The Woodlands, London, Greater London SE19 3EJ | - | - | 2 | Flat | |
£305K | 11/21 | 0.43 mi | 68, The Woodlands, London, Greater London SE19 3EH | £5,169 | 59 | 2 | Flat | |
£305K | 11/21 | 0.43 mi | 68, The Woodlands, London, Greater London SE19 3EH | £5,169 | 59 | 2 | Flat | |
£265K | 03/23 | 0.44 mi | 28, Priory Crescent, London, Greater London SE19 3EE | £4,818 | 55 | 2 | Flat | |
£273K | 11/20 | 0.45 mi | 86, Windsor Road, Thornton Heath, Greater London CR7 8HF | £3,102 | 88 | 2 | Flat | |
£290K | 04/21 | 0.46 mi | 98, Priory Crescent, London, Greater London SE19 3EF | £4,833 | 60 | 2 | Flat | |
£275K | 01/23 | 0.48 mi | 65, Highfield Hill, London, Greater London SE19 3PT | £4,583 | 60 | 2 | Flat | |
£385K | 03/21 | 0.49 mi | 33, Eskmont Ridge, London, Greater London SE19 3PZ | £4,375 | 88 | 2 | Flat | |
£375K | 01/21 | 0.49 mi | 44, Eskmont Ridge, London, Greater London SE19 3PZ | £4,870 | 77 | 2 | Flat | |
£325K | 10/22 | 0.51 mi | 3, Natal Road, Thornton Heath, Greater London CR7 8QH | - | - | 2 | Flat | |
£307.5K | 03/21 | 0.52 mi | 355, Church Road, London, Greater London SE19 2QJ | £5,007 | 61 | 2 | Flat | |
£245K | 04/21 | 0.53 mi | Flat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB | £4,016 | 61 | 2 | Flat | |
£268K | 03/21 | 0.54 mi | 6, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ | £5,255 | 51 | 2 | Flat | |
£275K | 08/21 | 0.54 mi | 10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ | £4,911 | 56 | 2 | Flat | |
£375K | 03/21 | 0.54 mi | 7, Beulah Road, Thornton Heath, Greater London CR7 8JH | - | - | 2 | Flat | |
£263K | 02/23 | 0.54 mi | 13a, Beulah Road, Thornton Heath, Greater London CR7 8JH | £4,782 | 55 | 2 | Flat | |
£285K | 11/20 | 0.54 mi | 53, Beulah Road, Thornton Heath, Greater London CR7 8JH | £5,377 | 53 | 2 | Flat | |
£330K | 11/20 | 0.55 mi | Flat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB | - | - | 2 | Flat | |
£385K | 01/21 | 0.55 mi | 4a, Hermitage Road, London, Greater London SE19 3QR | £4,278 | 90 | 2 | Flat | |
£270K | 02/23 | 0.55 mi | 7, Founders Gardens, Upper Norwood, London, Greater London SE19 3UU | - | - | 2 | Flat | |
£343K | 12/20 | 0.56 mi | 13, Homelands Drive, London, Greater London SE19 2NU | £5,044 | 68 | 2 | Flat | |
£345K | 11/21 | 0.58 mi | 37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY | £3,557 | 97 | 2 | Flat | |
£250.5K | 03/23 | 0.58 mi | 91, Marston Way, London, Greater London SE19 3JD | - | - | 2 | Flat | |
£260K | 03/21 | 0.59 mi | Flat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX | - | - | 2 | Flat | |
£420K | 02/23 | 0.62 mi | 207c, Church Road, London, Greater London SE19 2QQ | £6,502 | 65 | 2 | Flat | |
£332.5K | 06/21 | 0.63 mi | 2, Auckland Rise, London, Greater London SE19 2EA | £5,733 | 58 | 2 | Flat | |
£270K | 10/21 | 0.63 mi | 15, Norwich Road, Thornton Heath, Greater London CR7 8NA | £4,821 | 56 | 2 | Flat | |
£307K | 08/21 | 0.65 mi | 62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA | £4,386 | 70 | 2 | Flat | |
£275K | 06/21 | 0.65 mi | 64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA | £4,044 | 68 | 2 | Flat | |
£300K | 04/23 | 0.65 mi | 70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA | £4,615 | 65 | 2 | Flat | |
£185K | 06/21 | 0.65 mi | First Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ | £2,984 | 62 | 2 | Flat |
Local Rents
51 rents from £1.4K/mo to £2.1K/mo, average is £1.7K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£2,100 | 03/24 | 0.06 mi | CRANBROOK ROAD, THORNTON HEATH, CR7, Thornton Heath, CR7 | 2 | Terraced House | |
£1,900 | 02/24 | 0.08 mi | - | 2 | Flat | |
£2,100 | 03/24 | 0.08 mi | Cranbrook Road, Thornton Heath, CR7 | 2 | Terraced House | |
£1,800 | 12/24 | 0.11 mi | - | 2 | Terraced House | |
£1,650 | 05/24 | 0.14 mi | - | 2 | Flat | |
£1,675 | 05/24 | 0.14 mi | - | 2 | Flat | |
£1,800 | 12/24 | 0.19 mi | - | 2 | Semi-Detached House | |
£1,500 | 03/24 | 0.2 mi | Osborne Gardens, Thornton Heath | 2 | Flat | |
£1,700 | 03/24 | 0.2 mi | Moffat Road Thornton Heath CR7 | 2 | Flat | |
£1,700 | 02/24 | 0.23 mi | - | 2 | Flat | |
£1,600 | 03/24 | 0.25 mi | Osborne Road, THORNTON HEATH | 2 | Flat | |
£1,695 | 12/24 | 0.28 mi | - | 2 | Flat | |
£1,645 | 12/24 | 0.28 mi | - | 2 | Flat | |
£1,900 | 03/25 | 0.29 mi | - | 2 | Flat | |
£1,700 | 08/24 | 0.3 mi | - | 2 | Flat | |
£2,000 | 08/24 | 0.3 mi | The Heights, London, SE19 | 2 | Flat | |
£1,475 | 01/25 | 0.31 mi | - | 2 | Flat | |
£1,475 | 01/25 | 0.31 mi | - | 2 | Flat | |
£1,500 | 12/24 | 0.32 mi | - | 2 | Flat | |
£1,450 | 12/24 | 0.32 mi | - | 2 | Flat | |
£1,850 | 12/24 | 0.32 mi | - | 2 | Terraced House | |
£1,400 | 03/24 | 0.33 mi | Bensham Grove, THORNTON HEATH | 2 | Flat | |
£1,800 | 01/25 | 0.33 mi | - | 2 | Flat | |
£1,595 | 03/24 | 0.33 mi | Lenham Road, Thornton Heath, CR7 | 2 | Flat | |
£1,595 | 03/24 | 0.33 mi | - | 2 | Flat | |
£1,750 | 03/24 | 0.35 mi | Bensham Grove, Thornton Heath | 2 | Flat | |
£1,750 | 03/24 | 0.35 mi | Bensham Grove, Thornton Heath | 2 | Flat | |
£1,550 | 03/24 | 0.35 mi | Bensham Grove, CR7 | 2 | Terraced House | |
£1,750 | 03/24 | 0.36 mi | Bensham Grove, Thornton Heath | 2 | Flat | |
£1,750 | 10/24 | 0.37 mi | - | 2 | Flat | |
£1,746 | 08/24 | 0.37 mi | 19 Beulah Hill, Crystal Palace, London | 2 | Flat | |
£1,700 | 03/24 | 0.37 mi | Furze Road, Thornton heath, Surrey, CR7 | 2 | Terraced House | |
£1,700 | 03/24 | 0.37 mi | Furze Road, Thornton heath, Surrey, CR7 | 2 | Terraced House | |
£1,550 | 08/24 | 0.38 mi | Cintra House, 9 Beulah Hill, London, SE19 | 2 | Flat | |
£1,600 | 08/24 | 0.38 mi | Cintra House, 9 Beulah Hill, London, SE19 | 2 | Flat | |
£1,600 | 08/24 | 0.38 mi | Cintra House, 11 Beulah Hill, London, SE19 | 2 | Flat | |
£1,600 | 08/24 | 0.38 mi | Cintra House, 11 Beulah Hill, London, SE19 | 2 | Flat | |
£1,550 | 03/25 | 0.38 mi | - | 2 | Flat | |
£1,625 | 08/24 | 0.38 mi | Beulah Hill, London, SE19 | 2 | Flat | |
£1,800 | 09/24 | 0.39 mi | - | 2 | Terraced House | |
£1,700 | 03/24 | 0.39 mi | Furze Road, Thornton Heath, CR7 | 2 | Terraced House | |
£1,800 | 03/24 | 0.39 mi | Furze Road, Thornton Heath, CR7 | 2 | Terraced House | |
£1,750 | 03/25 | 0.39 mi | - | 2 | Terraced House | |
£1,600 | 08/24 | 0.39 mi | BRAE COURT, SOUTH NORWOOD HILL, LONDON, SE25, South Norwood, London, SE25 | 2 | Flat | |
£1,800 | 03/25 | 0.4 mi | - | 2 | Flat | |
£1,600 | 08/24 | 0.4 mi | South Norwood Hill, South Norwood | 2 | Flat | |
£1,650 | 08/24 | 0.4 mi | Ellery Road, Crystal Palace, London, SE19 | 2 | Flat | |
£1,500 | 04/24 | 0.41 mi | Beulah Road, Thornton Heath, CR7 | 2 | Flat | |
£1,500 | 04/24 | 0.41 mi | Beulah Road, Thornton Heath, CR7 | 2 | Flat | |
£1,700 | 02/24 | 0.41 mi | - | 2 | Flat | |
£1,500 | 05/24 | 0.41 mi | - | 2 | Flat |
Local Area Statistics
Population in cr7 | 44,62044,620 |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.78 miles away0.78 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +8%+8% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £250,000
November 6, 2024
Floor Plans

Description
-
Maisonette +
-
Two good-sized bedrooms +
-
Utility Room +
-
New kitchen appliances +
-
Private rear garden +
-
Chain free +
-
Close to transport +
-
Double glazing +
SUMMARY
Spacious and Modern Top-Floor Two-Bedroom Garden Flat. If you're seeking space and modern comforts, this superb two-bedroom top-floor garden flat is a must-see. Newly listed on the market, this well-appointed home offers both style and functionality, perfect for today's lifestyle.
DESCRIPTION
Accommodation:
Step into the welcoming hallway, which leads to two generously sized bedrooms, each designed to maximize space and natural light. The bright and airy reception room provides an ideal setting for relaxation, while a separate utility room adds extra convenience. The fully fitted modern kitchen comes complete with brand-new appliances. A lovely three-piece bathroom with towel rack adds a touch of luxury.
Additional Highlights:
Private garden, ideal for outdoor relaxation or entertaining, No onward chain, ensuring a smooth and straight forward purchase & Prime location with easy access to numerous amenities.
Location:
Less than a mile from Thornton Heath High Street, this property offers excellent connectivity, with multiple train and bus routes providing access to key destinations. Enjoy the convenience of nearby shops, cafes, and local services, all within easy reach.
This top-floor garden flat is a perfect blend of space, modern design, and convenience-ready to welcome you home.
Lease Disclaimer
The free-holder valuation states to extend the lease for another 99 years the cost would be £32,298.00, once the lease has been extended Ground Rent will then be peppercorn/£0.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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.
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