2 Bed Flat, Single Let, Croydon, CR0 9WX, £290,000

2 Masons Avenue, Croydon, CR0 9WX - 8 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£215K - £660K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£324,338
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,350 - £3,549

Rent Estimate

£1,350

Running Costs/mo

£1,196

Cashflow/mo

£154

Cashflow/yr

£1,845

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £660K, average is £308K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£294K04/230.13 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£306K12/200.18 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£270K02/230.26 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£345K05/230.32 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£295K09/210.38 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.38 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£286K12/220.41 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.41 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.41 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£270K05/230.42 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£250K08/210.43 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£248K04/230.43 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£292.5K02/230.47 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£243K02/230.5 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£375K03/210.51 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£326K09/210.52 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£250K05/230.56 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£330K01/230.57 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£320K12/200.63 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£255K07/230.63 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£368K05/230.64 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£299.5K10/210.69 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£335K10/210.69 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.69 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£280K02/210.7 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£340K02/210.72 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£223K07/230.72 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£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
£327K12/200.72 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£329.2K06/210.73 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£375K02/230.73 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£367.5K09/210.73 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£305K01/230.74 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£305K01/210.74 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£334K07/230.76 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£215K04/210.77 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£343K09/210.78 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.78 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£325K08/210.8 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£248K04/210.89 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£321K06/210.92 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.92 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.92 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£437.5K12/200.93 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£660K06/210.93 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£297K11/200.95 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.95 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2

Local Rents

51 rents from £1.4K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70002/250 mi-2
£1,95003/250.02 mi-2
£2,60012/240.04 mi-2
£1,85001/250.04 mi-2
£1,80012/240.04 miBrand New Luxury Apartment2
£1,79902/240.04 mi-2
£1,85012/240.05 miHigh Street, Croydon, CR02
£1,75003/250.06 mi-2
£1,35003/250.06 mi-2
£2,20012/240.06 miPark Lane, Croydon2
£1,80012/240.06 miLeon House, High Street, Croydon2
£1,75012/240.06 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.06 miPark Lane, Croydon, CR02
£1,75012/240.06 miPark Lane, Croydon, CR02
£1,60012/240.07 miHigh Street, Croydon, CR02
£1,67512/240.07 mi-2
£1,65012/240.07 miPark Lane, Croydon, CR02
£1,65012/240.07 miPark Lane, Croydon, Surrey, CR02
£1,75003/250.09 mi-2
£1,90003/250.09 mi-2
£1,65012/240.1 miPark Lane, Croydon, Surrey, CR02
£1,55003/240.11 mi-2
£1,70001/250.11 mi-2
£1,60012/240.12 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,60012/240.14 miEdridge Road, Central Croydon2
£1,60012/240.14 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,99912/240.16 miKeens Road, Croydon, CR02
£1,99902/240.16 mi-2
£1,99902/240.16 mi-2
£1,75003/250.16 mi-2
£2,00012/240.16 miKeens Road, Croydon, CR02
£1,85012/240.16 miKeens Road, Croydon, CR02
£1,60012/240.17 miWoodstock Road, Croydon2
£1,51512/240.17 miSt. Peters Road, South Croydon, Surrey, CR02
£2,99702/240.17 mi-2
£3,54902/250.17 mi-2
£1,80012/240.17 mi-2
£1,70002/240.18 mi-2
£1,70012/240.18 miChatsworth Road, Croydon2
£1,70012/240.19 mi-2
£1,70003/240.19 mi-2
£1,75012/240.19 miHeathfield Rd, Croydon, CR02
£1,55012/240.19 miWhitgift Street, Croydon CR02
£1,80012/240.19 miCentre View Apartments, Central Croydon, Croydon, CR02
£1,80002/240.19 mi-2
£1,85002/240.19 mi-2
£1,35012/240.19 miPark Lane, South Croydon, Surrey, CR02
£1,35012/240.19 miPark Lane, South Croydon, Surrey, CR02
£1,35012/240.19 miPark Lane, South Croydon, Surrey, CR02
£1,65001/250.2 mi-2
£1,50012/240.21 miChatsworth Road, Croydon, Surrey, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £290,000

December 16, 2024

Floor Plans

Description

  • 2 bedroom modern flat +
  • Large Jack and Jill Bathroom +
  • 2 double bedrooms +
  • Open plan kitchen / living room +
  • Modern kitchen with new cabinets +
  • Phone entry system +
  • Allocated secure parking space +
  • New flooring throughout +
  • Lift +
  • NO ONWARD CHAIN +

CHAIN FREE - Hubbard Torlot are delighted to present to the market this superbly presented and contemporary 2 bedroom flat built just 15 years ago. Located on the 5th floor with Lift access, this spacious modern flat features 764 Sq feet of space with the accommodation well proportioned throughout. The flat boasts a bright and airy open plan living room and kitchen making this ideal for family living and entertaining. The kitchen has been enhanced by the current owners with additional cabinets installed, together with additional worktop space and integrated appliances. The bedrooms are fantastic, both doubles with the master measuring 19'1 x 9'3 with built in wardrobes, storage space and access to the Jack and Jill Bathroom. Bedroom two is well proportioned and if not required as a bedroom makes for a home office and / or additional storage. There is underground parking for which the flat comes with one parking space. Service charge approximately £2600-£2800, Ground rent £350 and 114 years remain on the lease. Council Tax D. Please call now to arrange your viewing of this impressive flat.

Centrillion Point is superbly situated in Croydon and is well served by the Whitgift and Centrale shopping centre's, the historic Surrey Street market and, the 'Restaurant Quarter' at South End, together with many restaurants, bars and providing an excellent choice for entertainment. Conveniently located for transport links including East/South/West Croydon train stations and trams.

Agent Details

Hubbard Torlot, Selsdon

020 3376 6187

Next Steps?

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