2 Bed Flat, Single Let, South Croydon, CR2 6LF, £270,000

Warham Road, South Croydon, CR2 6LF - 5 months ago

BTL
ROI: 5%
~54 m²
+8 photos

ValuationOvervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~54 m²
Price/m²£5K/m²

Value Estimate

£258,573

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,800

Rent Estimate

£1,481

Running Costs/mo

£1,160

Cashflow/mo

£321

Cashflow/yr

£3,853

ROI

5%

Gross Yield

7%

Local Sold Prices

46 sold prices from £223K to £437.5K, average is £308K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£295K09/210.03 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.03 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£270K05/230.16 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£345K05/230.17 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£286K12/220.26 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.26 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.26 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.28 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£306K12/200.29 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£250K08/210.34 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£294K04/230.36 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£223K07/230.38 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£325K08/210.42 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£305K01/230.47 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£243K02/230.49 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£368K05/230.49 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£330K01/230.51 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£321K06/210.53 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.53 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.53 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£437.5K12/200.53 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£280K02/210.54 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£297K11/200.55 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.55 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£270K02/230.59 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£305K01/210.69 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£310K05/230.72 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.72 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.72 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.72 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£423K11/200.74 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£250K05/230.78 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£292.5K02/230.83 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£285K12/210.83 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£375K03/210.85 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£255K07/230.87 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£326K09/210.89 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£315K10/210.9 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/210.9 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£327K12/200.94 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£320K12/200.96 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£340K02/210.97 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.97 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.98 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.98 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£375K02/230.99 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2

Local Rents

52 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.01 miWarham Road, South Croydon, CR22
£1,60012/240.01 miFairhaven Court, Warham Road, South Croydon2
£1,60012/240.08 miBrighton Road, SOUTH CROYDON2
£2,15002/240.09 mi-2
£2,50002/250.16 mi-2
£1,45002/240.18 mi-2
£1,45002/240.18 mi-2
£1,65012/240.19 miParker Road, Croydon2
£1,40012/240.2 miBramley Hill, South Croydon2
£1,60012/240.22 mi-2
£1,75003/250.22 mi-2
£1,80012/240.23 mi-2
£1,95003/250.24 mi-2
£1,55012/240.24 miUpland Road, South Croydon2
£1,70002/240.25 mi-2
£1,70003/240.26 mi-2
£1,75012/240.26 miHeathfield Rd, Croydon, CR02
£1,70012/240.26 mi-2
£2,00012/240.27 miKeens Road, Croydon, CR02
£1,85012/240.27 miKeens Road, Croydon, CR02
£1,99912/240.27 miKeens Road, Croydon, CR02
£1,99902/240.27 mi-2
£1,99902/240.27 mi-2
£1,55012/240.29 miSouth Croydon, Surrey, CR22
£1,70001/250.3 mi-2
£1,75003/250.32 mi-2
£1,65003/250.32 mi-2
£1,51512/240.32 miSt. Peters Road, South Croydon, Surrey, CR02
£2,00012/240.33 miTemple road, CR02
£2,40003/250.34 mi-2
£1,60012/240.34 miMuggeridge Close , South Croydon2
£1,45012/240.34 miMuggeridge Close, South Croydon2
£1,60012/240.34 miMuggeridge Close, South Croydon2
£1,65002/250.34 mi-2
£1,60011/240.34 mi-2
£1,35003/250.34 mi-2
£1,80002/250.34 mi-2
£1,50012/240.34 miTemple Road, Croydon2
£1,69512/240.35 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.35 miSouth Park Hill Road, South Croydon 2
£1,69512/240.35 miSouth Park Hill Road, South Croydon2
£1,79512/240.35 miSouth Park Hill Road, South Croydon, CR22
£1,50002/240.35 mi-2
£1,50012/240.35 miHaling Road2
£1,65012/240.35 miSt. Peters Street South Croydon CR22
£1,90012/240.35 mi-2
£1,80002/250.35 mi-2
£1,65012/240.36 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.36 miSouth Park Hill Road, South Croydon, CR22
£2,80002/240.36 mi-2
£2,80002/250.36 mi-2
£1,60012/240.36 miTandon House, Park Lane, Croydon, Surrey, CR02

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.65 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £270,000

February 20, 2025

Listed for £280,000

November 15, 2024

Floor Plans

Description

  • Chain free +
  • Shared freehold +
  • Residents parking +
  • Garage +
  • Close to local amenities +

A charming first floor, two double bedroom purpose-built apartment for sale situated in the heart of South Croydon.

The accommodation comprises reception room, modern kitchen, main bedroom with built-in wardrobes, second double bedroom and bathroom. The property further benefits from no onward chain and a private garage en-block.

Warham Road is well-located for access to South Croydon Station, with the restaurant quarter a short walk away.

Agent Details

Stirling Ackroyd Sales, Croydon

020 3872 3474

Next Steps?

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