2 Bed Flat, Single Let, CR7 8PA £260,000

Osborne Gardens, Thornton Heath, CR7 8PA - 6 views - a year ago
Sold STC
BTL
ROI: 6%
~68 m²
Property image

ValuationUndervalued

Sold Prices£184K - £450K
Sold Prices/m²£2.6K/m² - £12.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£317,177
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,400 - £3,600

Rent Estimate

£1,478

Running Costs/mo

£1,128

Cashflow/mo

£350

Cashflow/yr

£4,199

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £184K to £450K, average is £302.5K. £2.6K/m² to £12.9K/m², average is £4.7K/m².

Price
Date
Distance
Address
Beds
 
£308.6K09/210.06 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£305K03/250.15 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£305K03/250.15 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£255K06/210.16 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£285K05/250.19 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£285K05/250.19 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£232.5K11/240.2 mi210, Northwood Road, Thornton Heath CR7 8HT2
£240K05/230.2 mi5, Parchmore Way, Thornton Heath, Greater London CR7 8HL2
£265K11/210.2 mi208, Northwood Road, Thornton Heath, Greater London CR7 8HT2
£320K06/250.24 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£320K06/250.24 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£225K11/240.26 mi133a, Parchmore Road, Thornton Heath CR7 8LZ2
£320K09/240.27 mi98, Windsor Road, Thornton Heath CR7 8HF2
£265K12/240.28 mi41b, Windsor Road, Thornton Heath CR7 8HG2
£355.5K08/240.29 mi112, Mersham Road, Thornton Heath CR7 8NQ2
£343K11/240.34 mi227, Mersham Road, Thornton Heath CR7 8NW2
£298K08/240.34 mi45a, Hythe Road, Thornton Heath CR7 8QQ2
£275K08/210.34 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£365K11/220.35 mi227, Mersham Road, Thornton Heath, Greater London CR7 8NW2
£263K02/230.35 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£260K07/250.35 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£307.5K06/210.36 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£330K07/250.37 mi9, Norfolk Road, Thornton Heath CR7 8ND2
£325K11/210.38 mi199, Grange Road, London, Greater London SE25 6TG2
£325K10/220.38 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£345K11/210.39 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£300K08/240.43 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£312K10/240.46 mi176, Ground Floor Flat At, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£185K06/210.46 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£270K10/210.47 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£300K02/250.47 mi353 Discovery Court, 16, Grange Road, Upper Norwood, London SE19 3BL2
£320K02/230.49 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£307K08/210.52 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£275K06/210.52 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.52 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£442.5K05/230.54 mi1e, Beulah Hill, London, Greater London SE19 3LQ2
£325K07/250.55 mi26, 17 Blenheim Court, Beulah Hill, Upper Norwood, London SE19 3LJ2
£352.5K03/250.55 mi7, 13 Scoresdale, Beulah Hill, Upper Norwood, London SE19 3LH2
£450K01/250.56 mi27 Ravensroost, 37, Beulah Hill, Upper Norwood, London SE19 3LN2
£375K04/250.56 mi4, 27 Ravensroost, Beulah Hill, Upper Norwood, London SE19 3LN2
£184K04/250.56 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.56 mi35, Carew Road, Thornton Heath CR7 7RF2
£321.6K02/230.57 mi145, Menlo Gardens, London, Greater London SE19 3DX2
£305K11/210.57 mi68, The Woodlands, London, Greater London SE19 3EH2
£250K07/210.59 mi8, Menlo Gardens, London, Greater London SE19 3DU2
£265K03/230.61 mi28, Priory Crescent, London, Greater London SE19 3EE2
£320K06/210.62 mi33, Freethorpe Close, London, Greater London SE19 3LX2
£290K10/210.65 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£240K07/230.66 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£295K08/210.67 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2

Local Rents

50 rents from £1.4K/mo to £3.6K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50003/240 miOsborne Gardens, Thornton Heath2
£1,65009/250.03 miBeulah Crescent, Thornton Heath, CR72
£1,75009/240.05 miOsborne Road, CR72
£1,85010/250.06 miOsborne Road, Thornton Heath2
£1,60003/240.06 miOsborne Road, THORNTON HEATH2
£1,60011/250.06 miOsborne Road, THORNTON HEATH2
£1,70002/240.11 mi-2
£2,10003/240.12 miCranbrook Road, Thornton Heath, CR72
£1,90002/240.12 mi-2
£1,47501/250.12 mi-2
£1,47501/250.12 mi-2
£1,70008/250.12 miBurlington Road, Thornton heath2
£1,72505/250.13 mi-2
£1,65010/250.13 miBensham Grove, THORNTON HEATH2
£1,40003/240.13 miBensham Grove, THORNTON HEATH2
£1,50011/250.13 mi-2
£1,50011/250.13 miBeulah Road, Thornton Heath, CR72
£1,65006/250.13 mi-2
£1,65006/250.13 mi-2
£1,65007/250.13 mi-2
£1,70009/250.13 mi-2
£1,65007/250.13 mi-2
£1,65007/250.13 mi-2
£1,70009/250.13 mi-2
£1,70009/250.13 mi-2
£2,10003/240.13 miCRANBROOK ROAD, THORNTON HEATH, CR7, Thornton Heath, CR72
£1,40006/250.14 mi-2
£1,50008/250.14 mi-2
£1,40008/250.14 miBeulah Road, Thornton Heath, CR72
£1,50009/250.14 miBeulah Road, Thornton Heath, CR72
£1,85008/250.15 mi-2
£3,60010/250.15 mi-2
£1,75010/250.15 miBensham Grove, THORNTON HEATH2
£1,75003/240.15 miBensham Grove, Thornton Heath2
£1,75003/240.15 miBensham Grove, Thornton Heath2
£1,55003/240.16 miBensham Grove, CR72
£1,65004/250.16 mi-2
£1,85012/240.16 mi-2
£1,75003/240.17 miBensham Grove, Thornton Heath2
£1,67505/240.17 mi-2
£1,65005/240.17 mi-2
£1,50012/240.18 mi-2
£1,45012/240.18 mi-2
£1,50004/250.19 mi-2
£1,75010/250.2 mi-2
£1,50007/250.2 miParchmore Road, Thornton Heath, CR72
£1,70007/250.2 miNorthwood Road, Thornton Heath, CR72
£1,70003/240.2 miMoffat Road Thornton Heath CR72
£1,80004/250.21 mi-2
£1,85010/250.21 miParchmore Road, Queensbury Court, CR72

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £260,000

November 26, 2024

Sold for £130,000

2003

Floor Plans

Property image

Description

  • Chain free +
  • Garage & parking +
  • Recently decorated throughout +
  • Two double bedrooms +
  • Easy access into Crystal Palace Triangle +
  • Share of freehold +

Welcome to this beautifully modernised two-bedroom flat Westminster Court, Thornton Heath. Combining contemporary style with practicality, this stunning home offers the ideal living space in a highly convenient location. The property has been tastefully updated throughout, featuring a bright and airy living area perfect for relaxing or entertaining. The sleek, modern kitchen comes with high-quality finishes, while the two well-proportioned bedrooms provide comfort and versatility. A newly refurbished bathroom completes the elegant interior. Adding to its appeal, the flat benefits from a private garage, offering secure parking or extra storage. With a share of freehold and no onward chain, this property ensures a straightforward and hassle-free move. Located in the well-maintained Westminster Court, you’ll enjoy excellent transport links, local amenities, and easy access to Thornton Heath’s vibrant high street. Whether you’re a first-time buyer, investor, or looking to downsize, this exceptional flat is not to be missed. Contact us today to arrange your viewing!

Agent Details

Truuli, Croydon

020 3834 8533

Next Steps?

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