2 Bed Terraced House, Single Let, Croydon, CR0 1SP, £380,000

Fawcett Road, Croydon, CR0 1SP - 4 months ago

BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£245K - £520K
Sold Prices/m²£3.8K/m² - £8.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.6K/m²

Value Estimate

£360,291

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£95,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£115,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,350

Rent Estimate

£1,410

Running Costs/mo

£1,490

Cashflow/mo

£-79

Cashflow/yr

£-954

Gross Yield

4%

Local Sold Prices

50 sold prices from £245K to £520K, average is £353.5K. £3.8K/m² to £8.3K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£325K11/210 mi13, Fawcett Road, Croydon, Greater London CR0 1SP2
£245K12/200.06 mi17, Old Town, Croydon, Greater London CR0 1AU2
£405K01/210.06 mi108, Church Road, Croydon, Greater London CR0 1SD2
£378.5K11/210.08 mi19, Howley Road, Croydon, Greater London CR0 1AY2
£370K09/210.12 mi37, Abbey Road, Croydon, Greater London CR0 1RW2
£325K10/210.12 mi51, Church Road, Croydon, Greater London CR0 1SJ2
£351.6K03/210.13 mi35, Abbey Road, Croydon, Greater London CR0 1RW2
£520K06/210.17 mi31, Harrisons Rise, Croydon, Greater London CR0 4LL2
£375K06/230.17 mi10, Queen Street, Croydon, Greater London CR0 1SY2
£355K12/200.18 mi21, St Johns Road, Croydon, Greater London CR0 1RA2
£335K04/230.21 mi44, Wandle Road, Croydon, Greater London CR0 1DE2
£330K09/210.21 mi13, West Street, Croydon, Greater London CR0 1DG2
£260K06/230.22 mi24, Borough Hill, Croydon, Greater London CR0 4LN2
£327.5K05/210.22 mi8, Borough Hill, Croydon, Greater London CR0 4LN2
£318K05/210.23 mi49, West Street, Croydon, Greater London CR0 1DJ2
£280K03/210.23 mi32, West Street, Croydon, Greater London CR0 1DJ2
£307.4K03/210.23 mi26, West Street, Croydon, Greater London CR0 1DJ2
£420K01/210.25 mi12, Tanfield Road, Croydon, Greater London CR0 1AL2
£430K05/210.25 mi60, Tanfield Road, Croydon, Greater London CR0 1AL2
£367.5K05/230.25 mi32, Lower Coombe Street, Croydon, Greater London CR0 1AA2
£375K11/210.27 mi40, Frith Road, Croydon, Greater London CR0 1TA2
£362.5K11/200.28 mi34, Keens Road, Croydon, Greater London CR0 1AH2
£360.2K03/210.28 mi35, Keens Road, Croydon, Greater London CR0 1AH2
£368K10/210.29 mi17, Bourne Street, Croydon, Greater London CR0 1XL2
£335K01/210.31 mi10, Arundel Close, Croydon, Greater London CR0 4BR2
£360K12/200.35 mi24, Siddons Road, Croydon, Greater London CR0 4JR2
£325K07/230.38 mi15, Cornwall Road, Croydon, Greater London CR0 3RD2
£350K06/210.38 mi9, Lennox Gardens, Croydon, Greater London CR0 4HR2
£350K07/230.41 mi32, Westfield Road, Croydon, Greater London CR0 3RH2
£345K08/230.41 mi26, Westfield Road, Croydon, Greater London CR0 3RH2
£330K08/210.45 mi30, Theobald Road, Croydon, Greater London CR0 3RN2
£352K04/230.48 mi16, Ainsworth Road, Croydon, Greater London CR0 3SH2
£420K02/230.51 mi67, Derby Road, Croydon, Greater London CR0 3SF2
£320K07/210.56 mi5, Jennett Road, Croydon, Greater London CR0 4NR2
£375K03/210.63 mi15a, Birdhurst Avenue, South Croydon, Greater London CR2 7DX2
£400K06/210.67 mi65, Granville Close, Croydon, Greater London CR0 5PY2
£460K04/230.69 mi22, Cliffe Road, South Croydon, Greater London CR2 6PQ2
£350K12/220.69 mi13, Cliffe Road, South Croydon, Greater London CR2 6PQ2
£430K02/230.73 mi1, Alpine Close, Croydon, Greater London CR0 5UN2
£390K06/210.73 mi12, Alpine Close, Croydon, Greater London CR0 5UN2
£315K06/210.73 mi102, Mitcham Road, Croydon, Greater London CR0 3RJ2
£347K02/210.74 mi143, Sumner Road South, Croydon, Greater London CR0 3LY2
£338K01/230.75 mi14, Upland Road, South Croydon, Greater London CR2 6RD2
£385K03/210.75 mi27, Upland Road, South Croydon, Greater London CR2 6RD2
£350K06/210.77 mi45, St Peters Street, South Croydon, Greater London CR2 7DG2
£405K10/200.77 mi41, St Peters Street, South Croydon, Greater London CR2 7DG2
£436K12/220.77 mi47, St Peters Street, South Croydon, Greater London CR2 7DG2
£364.5K12/200.78 mi45, Upland Road, South Croydon, Greater London CR2 6RE2
£382.5K06/210.78 mi58, St Peters Street, South Croydon, Greater London CR2 7DE2
£350K10/210.78 mi20, St Peters Street, South Croydon, Greater London CR2 7DE2

Local Rents

50 rents from £1.4K/mo to £2.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,98511/240.03 mi-2
£1,85012/240.1 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.1 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.1 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,90012/240.1 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,80012/240.11 mi-2
£1,59512/240.11 miDuppas Hill Terrace, Croydon, Croydon, CR02
£1,59512/240.11 miDuppas Hill Terrace, Croydon, Croydon, CR02
£1,70012/240.12 miOld Palace Road, Croydon, London, CR02
£1,70012/240.12 miOld Palace Road, Croydon, London, CR02
£1,75002/240.12 mi-2
£1,75003/240.12 mi-2
£1,75012/240.12 mi-2
£1,80012/240.13 miWandle Road, Croydon, CR02
£1,44012/240.13 mi-2
£1,50003/250.13 mi-2
£1,70002/240.14 mi-2
£1,80012/240.14 miWandle Road, Croydon, CR02
£1,75002/240.14 mi-2
£1,70012/240.14 miDuppas Hill Terrace, Croydon2
£1,80012/240.15 miCentre View Apartments, Central Croydon, Croydon, CR02
£1,65012/240.15 miScarbrook Road, Croydon, CR02
£1,55012/240.16 miWhitgift Street, Croydon CR02
£1,90012/240.16 miThe Exchange, Central Croydon, Croydon, CR02
£1,50012/240.17 mi-2
£1,70012/240.17 mi-2
£1,90003/250.17 mi-2
£1,80012/240.17 miThe Exchange, Scarbrook Road, CR02
£1,80012/240.17 miThe Exchange2
£1,80012/240.17 miThe Exchange, Croydon CR02
£1,65001/250.17 mi-2
£1,35012/240.18 miGreen Dragon House, Croydon , CR02
£1,50012/240.18 miGreen Dragon House2
£1,80012/240.18 miScarbrook Road, Croydon, CR02
£1,80012/240.18 miScarbrook Road, Croydon, CR02
£2,30003/250.18 mi-2
£1,90012/240.18 miScarbrook Road, Croydon, CR02
£1,45012/240.18 miHigh Street, Croydon, CR02
£2,10012/240.18 mi-2
£1,90003/250.19 mi-2
£1,75004/250.19 mi-2
£1,50012/240.2 mi-2
£1,45001/250.2 mi-2
£1,45012/240.2 mi-2
£1,95012/240.21 miBridge House, Croydon, CR02
£1,95012/240.21 miBridge House, Croydon, CR02
£2,35003/240.21 mi-2
£1,95002/240.21 mi-2
£2,35012/240.21 mi-2
£2,25003/250.21 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £380,000

January 23, 2025

Price changed to £390,000

January 3, 2025

Listed for £400,000

December 9, 2024

Floor Plans

Description

A well-presented two double bedroom mid-terraced house situated on a popular residential road in the heart of central Croydon.

Property comprises of a spacious open plan kitchen/living room with matching white gloss wall and base units, inset sink and integrated appliances, two double bedrooms, modern thee piece family bathroom and a ground floor cloakroom.

Fawcett Road is ideal for anybody requiring access into The City due its proximity to East Croydon station and several local trams stops. Trains from East Croydon station will take you into The City and beyond; you can travel to pretty much anywhere else in the world in the opposite direction, via the direct train services to Gatwick Airport.

In addition to the excellent transport links, a wide array of popular local amenities are nearby , including a traditional butcher, florist, and greengrocer along with all the essential local amenities.

Fawcett Road is also perfectly positioned to enjoy all that Croydon has to offer. The town centre is nearby and is home to House of Fraser, Marks and Spencer and many other popular retail outfits. Boxpark is situated close by and is packed with effervescent local residents and commuters devouring tasty and refreshing food and drinks served by both independently owned boutiques and popular large franchises.

Agent Details

Bairstow Eves, Croydon South

020 3835 6104

Next Steps?

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