2 Bed Flat, Single Let, CR8 3EP £300,000

4 Foxley Lane, Purley, CR8, CR8 3EP - 1 views - a year ago
Sold STC
Leasehold
BTL
ROI: 3%
~56 m²
Property image

ValuationOvervalued

Sold Prices£105K - £442.3K
Sold Prices/m²£2.1K/m² - £6.1K/m²

 

 

Square Metres

~56 m²
Price/m²£5.4K/m²

Value Estimate

£275,579

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Rent Range

£1,300 - £2,050

Rent Estimate

£1,509

Running Costs/mo

£1,259

Cashflow/mo

£250

Cashflow/yr

£2,996

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £105K to £442.3K, average is £282.3K. £2.1K/m² to £6.1K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£292K11/240 mi4, Flat 11, Foxley Lane, Purley CR8 3EP2
£105K11/240.04 mi10 Reynard Court, Flat 1, Foxley Lane, Purley CR8 3EN2
£420K10/240.13 mi4, Flat 2, Woodcote Valley Road, Purley CR8 3AG2
£200K08/250.14 miFlat 26, 11 Gresham Court, Pampisford Road, Purley CR8 2UU2
£260K05/250.14 miFlat 4, 14, Brighton Road, Purley CR8 3AA2
£356K04/250.14 miFlat 7, 14, Brighton Road, Purley CR8 3AA2
£337K03/250.14 miFlat 5, 14, Brighton Road, Purley CR8 3AA2
£356K04/250.14 miFlat 7, 14, Brighton Road, Purley CR8 3AA2
£260K05/250.14 miFlat 4, 14, Brighton Road, Purley CR8 3AA2
£325K08/250.24 miFlat 16, Gemini Court, Brighton Road, Purley CR8 2FD2
£130K11/240.26 mi75 Azalea Court, 30, Whytecliffe Road South, Purley CR8 2AX2
£139K04/250.26 mi29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX2
£139K04/250.26 mi29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX2
£315K06/250.3 mi14, Park View, Christchurch Road, Purley CR8 2NL2
£315K06/250.3 mi14, Park View, Christchurch Road, Purley CR8 2NL2
£272K02/230.32 miFlat 77, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£335K10/240.33 mi10 Silvermere Court, Flat 10, Foxley Hill Road, Purley CR8 2HB2
£288K09/210.33 miFlat 48, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£300K11/220.33 miFlat 45, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ2
£270K06/250.34 mi22, French Apartments, Lansdowne Road, Purley CR8 2PH2
£265K04/250.34 mi28, French Apartments, Lansdowne Road, Purley CR8 2PH2
£265K04/250.34 mi28, French Apartments, Lansdowne Road, Purley CR8 2PH2
£270K06/250.34 mi22, French Apartments, Lansdowne Road, Purley CR8 2PH2
£275K03/250.36 mi3, French Apartments, Lansdowne Road, Purley CR8 2PH2
£275K03/250.36 mi3, French Apartments, Lansdowne Road, Purley CR8 2PH2
£255K02/250.44 mi20, Beaumont Road, Purley CR8 2EG2
£382K06/250.44 miFlat 4, 57, Brighton Road, Purley CR8 2LR2
£382K06/250.44 miFlat 4, 57, Brighton Road, Purley CR8 2LR2
£280K06/250.46 mi16, Lansdowne Court, Brighton Road, Purley CR8 2BD2
£280K06/250.46 mi16, Lansdowne Court, Brighton Road, Purley CR8 2BD2
£415K03/250.49 miFlat 2, 62 Hawthorne Court, Woodcote Valley Road, Purley CR8 3BD2
£273.1K12/220.53 mi30a, Purley Park Road, Purley, Greater London CR8 2BS2
£345K05/250.57 mi6, 15, Grovelands Road, Purley CR8 4LB2
£345K05/250.57 mi6, 15, Grovelands Road, Purley CR8 4LB2
£442.3K01/250.58 mi7a Athena House, Flat 7, Edgehill Road, Purley CR8 2NB2
£285K06/210.6 mi666, Brighton Road, Purley, Greater London CR8 2BB2
£248K07/230.6 mi648, Brighton Road, Purley, Greater London CR8 2BB2
£280.5K09/240.61 mi55a Walker House, Flat 20, Partridge Knoll, Purley CR8 1AY2
£270K01/250.62 mi660, Brighton Road, Purley CR8 2BB2
£279K03/250.65 mi37, Partridge Knoll, Purley CR8 1BS2
£268K03/250.67 mi119, Kingsdown Avenue, South Croydon CR2 6QL2
£387.5K12/240.7 mi103, Flat 9, Montpelier Road, Purley CR8 2QF2
£345K02/250.73 mi79l Cara House, Flat 2, Riddlesdown Road, Purley CR8 1DH2
£340K07/250.83 mi54, Chancellor Gardens, South Croydon CR2 6WB2
£312K02/250.86 mi8, 30 Highcroft, Old Lodge Lane, Purley CR8 4DF2
£262.5K06/230.87 mi538, Brighton Road, South Croydon, Greater London CR2 6AU2
£292.5K07/210.94 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£275K11/240.94 miHurst View Grange, 15, Pampisford Road, South Croydon CR2 6DL2
£284K05/250.95 miFlat 9, 198 Milford House, Pampisford Road, South Croydon CR2 6DB2
£284K05/250.95 miFlat 9, 198 Milford House, Pampisford Road, South Croydon CR2 6DB2

Local Rents

50 rents from £1.3K/mo to £2K/mo, average is £1.8K/mo.

Rent
Date
Distance
Address
Beds
 
£1,75012/240.01 mi-2
£1,80003/250.01 mi-2
£1,85010/250.05 miBanstead Road, Purley, CR82
£1,87009/250.06 mi-2
£1,85009/250.06 mi-2
£1,95012/240.06 miBanstead Road, Purley, CR82
£1,90012/240.06 miBanstead Road, Banstead Road, CR82
£1,85008/250.06 miBanstead Road, Purley, CR82
£1,95011/250.07 miKunle Court, Banstead Road, Purley2
£1,95007/250.07 miBanstead Road, Purley Way, Purley, CR82
£1,85010/250.07 miBanstead Road, Purley, CR82
£1,80011/250.07 miBanstead Road, Purley, CR82
£1,95006/250.07 miBanstead Road, Purley2
£1,85007/250.07 miBanstead Road Purley CR82
£1,75010/250.07 miBanstead Road, Purley2
£1,95011/250.07 miBanstead Road, Purley2
£1,80009/250.07 miBanstead Road London CR82
£1,95012/240.08 mi-2
£1,95012/240.08 mi-2
£1,95012/240.08 mi-2
£1,55011/250.09 miTudor Court, Russell Hill Road, Purley, CR82
£2,05006/250.09 miVerdun Heights, Foxley Lane, West Purley2
£1,80006/250.1 miRussell Hill, Purley, CR82
£1,85007/250.1 miRussell Hill, Purley, CR82
£1,95011/250.1 mi-2
£1,75011/250.11 miBrighton Road, Purley2
£1,69510/250.11 miBrighton Road, Purley, CR82
£1,60003/250.12 mi-2
£1,70006/250.14 miWoodcote Valley Road, Purley2
£1,70009/250.14 miWoodcote Valley Road, Purely2
£1,60011/250.14 miWoodcote Valley Road, Purley2
£1,60010/250.14 mi1-2 Kimberley Place, Purley2
£1,85002/250.15 mi-2
£1,80004/250.15 mi-2
£1,65008/250.15 mi-2
£1,70010/250.16 mi-2
£1,60009/250.16 mi-2
£1,90009/250.16 miPampisford Road, Purley, CR82
£1,90010/250.16 miPampisford Road, Purley, CR82
£1,80012/240.16 miPampisford Road, Purley, CR82
£1,60008/250.16 miRussell Hill Place, Purley, CR82
£1,60009/250.16 mi-2
£1,50006/250.18 miPurley Heights, 124 High Street, PURLEY, Surrey, CR82
£1,75011/250.18 miCalum Court, Central Purley, Purley, CR82
£1,80010/250.19 miCalum Court, Central Purley, Purley, CR82
£1,80010/250.19 miCalum Court, Central Purley, Purley, CR82
£1,80010/250.19 miCalum Court, Central Purley, Purley, CR82
£1,30011/250.19 miHigh Street, Purley2
£1,85009/250.19 mi-2
£1,85001/250.19 mi-2

Local Area Statistics

Population in CR8

32,301

Nearest school

0.20 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £300,000

December 30, 2024

Floor Plans

Property image

Description

  • Beautiful Two Bedroom Top Floor Flat +
  • Well Maintained And Stylishly Appointed +
  • Popular Purpose Built Development +
  • Long Lease & Share Of Freehold +
  • Bright And Spacious Dual Aspect Reception/Kitchen +
  • Private Balcony Overlooking Communal Gardens +
  • Modern Family Bathroom +
  • Moments From Purley Station And Road Routes +
  • Communal Lift And Security Entry Phone +
  • Close To Town Centre Shops And Amenities +

The Property
GUIDE PRICE £300,000 - £320,000

Stunning two bedroom top floor apartment with private balcony overlooking attractive communal gardens, ideally located in a popular modern development just moments from Purley town centre and railway station. The property has been superbly maintained and appointed by the current owner, offering bright, well-planned accommodation with stylish interiors and high quality finish throughout. Features include an inviting open plan lounge and fully integrated kitchen, two double bedrooms, modern bathroom, gas central heating, double glazing, wood effect flooring, newly refurbished carpets, security entry phone, and communal lift.

Accommodation comprises entrance hall with inbuilt storage and ample loft space, leading into the bright and spacious, open plan dual aspect lounge and kitchen with direct access onto the delightful enclosed private balcony. The kitchen area comprises a modern range of matching wall and base units with granite work surfaces. Integrated appliances include electric hob with overhead extractor and electric oven below, fridge and freezer, dishwasher, microwave, and washer dryer. There are two well sized double bedrooms, each with inbuilt storage, plus a modern family bathroom with white three-piece suite and elegant tiling.

The property is located within a short walk of Purley station with connections to Central London within 20-25 minutes as well as numerous regular bus routes providing local connections. The centre of Purley itself is close-by, offering an array of shops, bars, cafes and restaurants, as well as supermarkets and amenities. The area is also well served by excellent local schools and beautiful open spaces, with the A22/M25 easily accessible within 15 minutes.

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Lease Information
We understand the lease on the property is 125 years from 30 June 2006 - 110 years remaining. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
To be confirmed. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Croydon

020 3840 3596

Next Steps?

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