3 Bed Flat, Single Let, Coulsdon, CR5 1DY, £290,000

Goodenough Way, Coulsdon, CR5 1DY - 4 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~82 m²
+8 photos

ValuationUndervalued

Sold Prices£229.5K - £720K
Sold Prices/m²£2.1K/m² - £7.1K/m²

 

 

Square Metres

~81.50 m²
Price/m²£3.6K/m²

Value Estimate

£353,800
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£1,650 - £2,450

Rent Estimate

£1,891

Running Costs/mo

£1,304

Cashflow/mo

£587

Cashflow/yr

£7,039

ROI

8%

Gross Yield

8%

Local Sold Prices

19 sold prices from £229.5K to £720K, average is £381K. £2.1K/m² to £7.1K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£265K10/200.05 mi114, Goodenough Way, Coulsdon, Greater London CR5 1DZ3
£320K01/210.15 mi163, Tollers Lane, Coulsdon, Greater London CR5 1BJ3
£510K04/210.6 mi2, Shirley Avenue, Coulsdon, Greater London CR5 1QU3
£381K09/210.67 mi536, Coulsdon Road, Caterham, Greater London CR3 5QQ3
£325K02/230.91 mi257d, Coulsdon Road, Caterham, Surrey CR3 5QR3
£282.5K06/211.2 mi133, Coulsdon Road, Caterham, Surrey CR3 5NJ3
£500K03/211.4 mi2, Salmons Lane West, Caterham, Surrey CR3 5LT3
£720K03/211.79 mi49, Hartley Old Road, Purley, Greater London CR8 4HH3
£505K11/221.94 mi63a, Woodcote Grove Road, Coulsdon, Greater London CR5 2AH3
£386K06/212 mi18a, Westview Avenue, Whyteleafe, Surrey CR3 0EQ3
£386K06/212 mi18a, Westview Avenue, Whyteleafe, Surrey CR3 0EQ3
£386K06/212 mi18a, Westview Avenue, Whyteleafe, Surrey CR3 0EQ3
£660K06/212.01 mi5, Field End, Coulsdon, Greater London CR5 2AY3
£255K01/212.61 mi39, Radstock Way, Merstham, Redhill, Surrey RH1 3NF3
£229.5K11/202.72 mi9, Hildenley Close, Merstham, Redhill, Surrey RH1 3JT3
£280K03/212.73 mi4, High Street, Merstham, Redhill, Surrey RH1 3EA3
£430K09/232.77 mi29, High Street, Merstham, Redhill, Surrey RH1 3BA3
£300K02/212.77 mi913b, Brighton Road, Purley, Greater London CR8 2BP3
£350K06/212.96 mi23, Crewes Close, Warlingham, Surrey CR6 9NX3

Local Rents

14 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,35012/240.4 miTaunton Lane, Coulsdon3
£2,45012/240.89 miCaterham Drive, Coulsdon3
£2,30012/240.94 miCampbell Road, Caterham3
£1,65012/240.96 miCaterham On The Hill3
£1,90012/241.09 miCharlton Gardens, Coulsdon, CR53
£2,00012/241.09 mi-3
£2,28512/241.14 mi-3
£1,98512/241.14 mi-3
£1,98512/241.14 mi-3
£2,28512/241.14 miBanstead Road, Caterham, CR33
£1,90012/241.19 miFurzefield Villas, Cayton Road, Netherne On The Hill, CR53
£2,00002/241.19 mi-3
£1,87512/231.2 mi-3
£2,35012/241.24 miHollymeoak Road, Coulsdon, Surrey, CR53

Local Area Statistics

Population in CR5

28,761

Population in Coulsdon

28,764

Town centre distance

1.25 miles away

Nearest school

0.40 miles away

Nearest train station

1.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-30%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £290,000

January 23, 2025

Listed for £300,000

December 26, 2024

Floor Plans

Description

  • Three Double Bedrooms +
  • Large Living Space +
  • Good Condition Throughout +
  • Communal Gardens +
  • Excellent Location +

Monochrome Homes presents this spacious three double-bedroom apartment. The property features a large living space and a seperate kitchen.

Accommodation - This property is well-presented and offers spacious accommodation that consists of a living room and a separate kitchen. The hallway leads to a generously-sized master bedroom and two additional double bedrooms, all of which have built-in storage. You'll be delighted to see a large family bathroom as well. Outside, the apartment offers well-maintained gardens.

Location - The property is conveniently located just a few minutes' walk away from local shops that offer day-to-day amenities, popular local takeaway restaurants, a bakery, and the delightful open countryside of Coulsdon Common and Farthing Downs. The traditional Fox public house is also nearby. Old Coulsdon village provides excellent local facilities, including good transport links, a library, and churches, and is well served by a good selection of schools for all ages, such as Keston primary school and Oasis Academy. Bus routes offer a short journey to Coulsdon Town, where you can link to London mainline stations and Gatwick Airport.

Disclaimer - "These details are prepared as a general guide only, and should not be relied upon as a basis to enter into a legal contract, or to commit expenditure. An interested party should consult their own surveyor, solicitor or other professionals before committing themselves to any expenditure or other legal commitments.
If any interested party wishes to rely upon any information from the agent, then a request should be made and specific written confirmation can be provided. The Agent will not be responsible for any verbal statement made by any member of staff, as only a specific written confirmation should be relied upon. The Agent will not be responsible for any loss other than when specific written confirmation has been requested."

Agent Details

Monochrome Homes, Caterham

01737 302136

Next Steps?

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