4 Bed Semi-Detached House, Refurb/BRRR, Croydon, CR0 7SS, £575,000

Fairford Close, Shirley, CR0 7SS - 11 views - 4 months ago

Sold STC
Refurb/BRRR
~129 m²
+5 photos

ValuationFair Value

Sold Prices£450K - £1.1M
Sold Prices/m²£4K/m² - £11K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.4K/m²

Value Estimate

£575,000

 

 

End Value (After Refurb)

£761,694

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£68,319

Bridging Loan Interest

£15,094

Total Cash In

£263,613

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£761,694

Agent Fees (1%)

£7,617

Bridging Loan

£431,250

Bridging Loan Interest

£15,094

Flip Profit

£59,215

Local Sold Prices

50 sold prices from £450K to £1.1M, average is £615K. £4K/m² to £11K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£680K05/230.12 mi74, Abbots Way, Beckenham, Greater London BR3 3SF4
£655K09/210.12 mi47, Aviemore Way, Beckenham, Greater London BR3 3RP4
£555K08/230.13 mi71, Aylesford Avenue, Beckenham, Greater London BR3 3RZ4
£570K12/200.13 mi101, Aylesford Avenue, Beckenham, Greater London BR3 3RZ4
£660K03/230.17 mi22, Abbots Way, Beckenham, Greater London BR3 3RL4
£670K11/200.19 mi5, Ambleside Avenue, Beckenham, Greater London BR3 3RN4
£570K10/210.2 mi38, Ambleside Avenue, Beckenham, Greater London BR3 3RW4
£544K06/210.33 mi1, Raymond Road, Beckenham, Greater London BR3 4AR4
£465K06/210.35 mi29, Croydon Road, Beckenham, Greater London BR3 4AA4
£790K08/230.45 mi13, Stanhope Grove, Beckenham, Greater London BR3 3JB4
£580K11/200.46 mi29, Balmoral Avenue, Beckenham, Greater London BR3 3RD4
£575K11/220.47 mi31, Dunbar Avenue, Beckenham, Greater London BR3 3RG4
£585K02/210.49 mi14, Lorne Avenue, Croydon, Greater London CR0 7RQ4
£760K12/220.5 mi12, Stanhope Grove, Beckenham, Greater London BR3 3JA4
£562.5K03/210.5 mi22, Stanhope Grove, Beckenham, Greater London BR3 3JA4
£660K11/210.51 mi6, Wimborne Way, Beckenham, Greater London BR3 4DJ4
£590K12/210.53 mi49, Orchard Way, Croydon, Greater London CR0 7NQ4
£540K06/230.54 mi118, Coleridge Road, Croydon, Greater London CR0 7BR4
£510K06/210.54 mi102, Coleridge Road, Croydon, Greater London CR0 7BR4
£575K03/210.54 mi89, Stanhope Grove, Beckenham, Greater London BR3 3HL4
£605K05/210.55 mi1, Eden Park Avenue, Beckenham, Greater London BR3 3HN4
£685K05/230.58 mi15, Eden Park Avenue, Beckenham, Greater London BR3 3HJ4
£550K12/200.62 mi97, Eden Park Avenue, Beckenham, Greater London BR3 3HH4
£595K05/210.63 mi5, Merlin Grove, Beckenham, Greater London BR3 3HR4
£672K03/210.65 mi29, Derrick Road, Beckenham, Greater London BR3 3QG4
£580K03/210.67 mi7, Cherry Tree Walk, Beckenham, Greater London BR3 3PF4
£1.1M06/230.67 mi69, Broomfield Road, Beckenham, Greater London BR3 3QB4
£570K11/210.68 mi30, Maberley Road, Beckenham, Greater London BR3 4DX4
£655K05/210.68 mi27, Maberley Road, Beckenham, Greater London BR3 4DX4
£680.5K05/230.68 mi441, Upper Elmers End Road, Beckenham, Greater London BR3 3DB4
£790K08/230.69 mi55, Birchwood Avenue, Beckenham, Greater London BR3 3PY4
£855K02/230.71 mi6, Westbury Road, Beckenham, Greater London BR3 4DD4
£840K12/220.72 mi7, Gordon Road, Beckenham, Greater London BR3 3QE4
£750.5K06/210.73 mi32, Wellhouse Road, Beckenham, Greater London BR3 3JR4
£450K02/210.76 mi38, Estcourt Road, London, Greater London SE25 4SD4
£575K04/210.77 mi85, Dundee Road, London, Greater London SE25 4QN4
£512.5K06/230.79 mi71, Ferndale Road, London, Greater London SE25 4QR4
£1.1M08/230.8 mi93, St James's Avenue, Beckenham, Greater London BR3 4HE4
£715K05/230.8 mi368, Eden Park Avenue, Beckenham, Greater London BR3 3JL4
£625K04/210.8 mi334, Eden Park Avenue, Beckenham, Greater London BR3 3JL4
£1.0M12/220.81 mi28, Bramerton Road, Beckenham, Greater London BR3 3PB4
£535K04/210.83 mi152, Eden Way, Beckenham, Greater London BR3 3DU4
£555K03/230.84 mi1, Watcombe Road, London, Greater London SE25 4XA4
£575K07/230.84 mi21, Watcombe Road, London, Greater London SE25 4XA4
£720K03/230.84 mi177, Eden Way, Beckenham, Greater London BR3 3DR4
£875K10/200.85 mi2, Oakview Grove, Croydon, Greater London CR0 7QX4
£690K02/210.86 mi55, Bramerton Road, Beckenham, Greater London BR3 3NY4
£603K01/230.86 mi22, Beck Lane, Beckenham, Greater London BR3 4RE4
£680K04/230.86 mi37, Primrose Lane, Croydon, Greater London CR0 8YN4
£835K12/200.87 mi50, Cromwell Road, Beckenham, Greater London BR3 4LN4

Local Rents

35 rents from £2K/mo to £3.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20012/230.2 mi-4
£3,81803/250.21 mi-3
£2,20002/250.24 mi-3
£2,20012/240.26 miGreenview Avenue, Croydon, CR03
£2,30012/240.3 miStokes Road, Croydon, CR03
£2,15012/240.3 miStokes Road, Croydon, Surrey3
£2,15012/240.31 miStokes Road Croydon CR03
£2,15012/240.32 miStokes Road, Shirley, Croydon, CR03
£2,85001/250.33 mi-5
£2,30012/240.33 miRaymond Road Beckenham BR34
£2,10004/240.34 mi-3
£2,10003/250.34 mi-3
£2,20002/240.35 mi-4
£2,25012/240.37 miKempton Walk Croydon CR04
£3,60005/240.39 mi-3
£3,45004/240.39 miHillcrest Close, Beckenham, BR33
£3,00012/240.41 mi-5
£2,35005/240.41 miLangley Road, Beckenham3
£2,10012/240.42 mi-3
£2,60012/240.44 mi-3
£2,20004/240.45 miAsprey Mews Beckenham BR33
£2,00004/240.45 miStanhope Grove, Beckenham3
£2,60003/250.47 mi-4
£2,40012/240.48 miLorne Gardens, Croydon, CR04
£2,70001/250.48 mi-4
£2,75003/240.49 miDunbar Avenue, Beckenham4
£2,10012/240.52 miRegency Walk, Shirley, Croydon, CR03
£2,00012/240.54 miRound Grove Croydon CR03
£2,40010/230.55 mi-4
£2,50010/230.55 mi-4
£2,73303/240.55 mi-4
£2,40003/240.58 miErnest Grove Beckenham BR33
£2,20012/240.58 miWoodmere Avenue, Shirley4
£2,60005/240.58 miEden Park Avenue, Beckenham4
£2,60003/250.62 mi-4

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.84 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £575,000

December 17, 2024

Sold for £249,950

2006

Floor Plans

Description

  • Extended Semi Detached Home +
  • Four/Five Bedrooms +
  • Peaceful Cul-De-Sac Location +
  • Large Rear Garden +
  • Close To Schools & Amenities +
  • Ideal 'Blank Canvas' With Much Potential +
  • Updating Required +
  • Off Street Parking +

Nestled in a peaceful cul-de-sac, this extended semi-detached house presents a great opportunity for those seeking a family home with much potential. Boasting an adaptable layout that includes the option to have five bedrooms, this property offers a versatile canvas waiting to be moulded into your dream residence. Upon entering, you are greeted by an interior that invites you to envision the future possibilities of this home. The potential for modernisation presents an exciting prospect for those with a vision to transform this house into a modern and stylish abode that suits their unique needs and preferences, whether it be creating additional bedrooms, a home office, or a leisure area for relaxation and entertainment. The large rear garden provides a serene backdrop, perfect for outdoor enjoyment and relaxation, while the convenience of off-street parking adds a practical touch to every-day living. An internal viewing comes highly recommended for those looking to create their dream home.

Location
Fairford Close is a peaceful cul-de-sac containing just six homes, and can be found at the the top of Ash Tree Way, Shirley. Many amenities are within easy reach including Monks Orchard and Orchard Way primary schools, Orchard Park Secondary schools and some residents in neighbouring roads have got their children into Langley Girls Secondary School. For the commuter, Elmers End mainline railway station is within around 0.80 of a mile of the property, the Arena Tram Stop around 0.60 of a mile away, with bus routes closer still. Supermarkets, restaurants, cafes and local shops can also be found nearby at Elmers End. For full directions please see the map or contact Allen Heritage Estate Agents in Shirley. The Ground Floor Accommodation
**Porch **
Entrance Hall 4.16m (13'8") x 1.77m (5'10")
Lounge 3.99m (13'1") x 3.43m (11'3")
Dining Area 3.70m (12'2") x 2.94m (9'8")
Kitchen 2.80m (9'2") x 1.84m (6')
Conservatory 5.30m (17'5") x 2.46m (8'1")
Bedroom 4/Reception Room 5.90m (19'4") x 2.74m (9')

The First Floor Accommodation
Landing 2.24m (7'4") x 1.95m (6'5")
Bathroom 2.28m (7'6") x 1.95m (6'5")
Bedroom 1 4.11m (13'6") x 3.25m (10'8")
Bedroom 2 3.67m (12'1") x 3.25m (10'8")
Study / Bedroom Five 2.34m (7'8") x 1.95m (6'5")
Bedroom 3 4.35m (14'3") x 2.59m (8'6")
Potential For En-Suite 2.59m (8'6") x 1.35m (4'5")

Agent Details

Allen Heritage, Shirley

020 3866 3803

Next Steps?

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