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2 Bed Flat, Single Let, CR8 3EP £300,000
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£275,579 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £75,000£75,000 |
Stamp Duty & Legal Fees | £21,200£21,200 |
Total Cash In | £96,200£96,200 |
| |
Cash Out | |
Rent Range | £1,300 - £2,050£1,300 - £2,050 |
Rent Estimate | £1,509 |
Running Costs/mo | £1,259£1,259 |
Cashflow/mo | £250£250 |
Cashflow/yr | £2,996£2,996 |
ROI | 3%3% |
Gross Yield | 6%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 | Price/m² | m² | Beds | Type | ||
| £292K | 11/24 | 0 mi | 4, Flat 11, Foxley Lane, Purley CR8 3EP | £5,214 | 56 | 2 | Flat | ||
| £105K | 11/24 | 0.04 mi | 10 Reynard Court, Flat 1, Foxley Lane, Purley CR8 3EN | £2,386 | 44 | 2 | Flat | ||
| £420K | 10/24 | 0.13 mi | 4, Flat 2, Woodcote Valley Road, Purley CR8 3AG | £4,000 | 105 | 2 | Flat | ||
| £200K | 08/25 | 0.14 mi | Flat 26, 11 Gresham Court, Pampisford Road, Purley CR8 2UU | - | - | 2 | Flat | ||
| £260K | 05/25 | 0.14 mi | Flat 4, 14, Brighton Road, Purley CR8 3AA | - | - | 2 | Flat | ||
| £356K | 04/25 | 0.14 mi | Flat 7, 14, Brighton Road, Purley CR8 3AA | £4,450 | 80 | 2 | Flat | ||
| £337K | 03/25 | 0.14 mi | Flat 5, 14, Brighton Road, Purley CR8 3AA | £3,744 | 90 | 2 | Flat | ||
| £356K | 04/25 | 0.14 mi | Flat 7, 14, Brighton Road, Purley CR8 3AA | - | - | 2 | Flat | ||
| £260K | 05/25 | 0.14 mi | Flat 4, 14, Brighton Road, Purley CR8 3AA | £3,421 | 76 | 2 | Flat | ||
| £325K | 08/25 | 0.24 mi | Flat 16, Gemini Court, Brighton Road, Purley CR8 2FD | - | - | 2 | Flat | ||
| £130K | 11/24 | 0.26 mi | 75 Azalea Court, 30, Whytecliffe Road South, Purley CR8 2AX | £2,281 | 57 | 2 | Flat | ||
| £139K | 04/25 | 0.26 mi | 29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX | £2,106 | 66 | 2 | Flat | ||
| £139K | 04/25 | 0.26 mi | 29, 75 Azalea Court, Whytecliffe Road South, Purley CR8 2AX | - | - | 2 | Flat | ||
| £315K | 06/25 | 0.3 mi | 14, Park View, Christchurch Road, Purley CR8 2NL | £4,375 | 72 | 2 | Flat | ||
| £315K | 06/25 | 0.3 mi | 14, Park View, Christchurch Road, Purley CR8 2NL | - | - | 2 | Flat | ||
| £272K | 02/23 | 0.32 mi | Flat 77, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ | - | - | 2 | Flat | ||
| £335K | 10/24 | 0.33 mi | 10 Silvermere Court, Flat 10, Foxley Hill Road, Purley CR8 2HB | £5,317 | 63 | 2 | Flat | ||
| £288K | 09/21 | 0.33 mi | Flat 48, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ | - | - | 2 | Flat | ||
| £300K | 11/22 | 0.33 mi | Flat 45, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ | - | - | 2 | Flat | ||
| £270K | 06/25 | 0.34 mi | 22, French Apartments, Lansdowne Road, Purley CR8 2PH | £4,532 | 60 | 2 | Flat | ||
| £265K | 04/25 | 0.34 mi | 28, French Apartments, Lansdowne Road, Purley CR8 2PH | - | - | 2 | Flat | ||
| £265K | 04/25 | 0.34 mi | 28, French Apartments, Lansdowne Road, Purley CR8 2PH | £4,492 | 59 | 2 | Flat | ||
| £270K | 06/25 | 0.34 mi | 22, French Apartments, Lansdowne Road, Purley CR8 2PH | - | - | 2 | Flat | ||
| £275K | 03/25 | 0.36 mi | 3, French Apartments, Lansdowne Road, Purley CR8 2PH | - | - | 2 | Flat | ||
| £275K | 03/25 | 0.36 mi | 3, French Apartments, Lansdowne Road, Purley CR8 2PH | £3,235 | 85 | 2 | Flat | ||
| £255K | 02/25 | 0.44 mi | 20, Beaumont Road, Purley CR8 2EG | £4,811 | 53 | 2 | Flat | ||
| £382K | 06/25 | 0.44 mi | Flat 4, 57, Brighton Road, Purley CR8 2LR | £5,877 | 65 | 2 | Flat | ||
| £382K | 06/25 | 0.44 mi | Flat 4, 57, Brighton Road, Purley CR8 2LR | - | - | 2 | Flat | ||
| £280K | 06/25 | 0.46 mi | 16, Lansdowne Court, Brighton Road, Purley CR8 2BD | £4,912 | 57 | 2 | Flat | ||
| £280K | 06/25 | 0.46 mi | 16, Lansdowne Court, Brighton Road, Purley CR8 2BD | - | - | 2 | Flat | ||
| £415K | 03/25 | 0.49 mi | Flat 2, 62 Hawthorne Court, Woodcote Valley Road, Purley CR8 3BD | £5,608 | 74 | 2 | Flat | ||
| £273.1K | 12/22 | 0.53 mi | 30a, Purley Park Road, Purley, Greater London CR8 2BS | £3,955 | 69 | 2 | Flat | ||
| £345K | 05/25 | 0.57 mi | 6, 15, Grovelands Road, Purley CR8 4LB | £3,791 | 91 | 2 | Flat | ||
| £345K | 05/25 | 0.57 mi | 6, 15, Grovelands Road, Purley CR8 4LB | - | - | 2 | Flat | ||
| £442.3K | 01/25 | 0.58 mi | 7a Athena House, Flat 7, Edgehill Road, Purley CR8 2NB | £5,528 | 80 | 2 | Flat | ||
| £285K | 06/21 | 0.6 mi | 666, Brighton Road, Purley, Greater London CR8 2BB | £5,182 | 55 | 2 | Flat | ||
| £248K | 07/23 | 0.6 mi | 648, Brighton Road, Purley, Greater London CR8 2BB | - | - | 2 | Flat | ||
| £280.5K | 09/24 | 0.61 mi | 55a Walker House, Flat 20, Partridge Knoll, Purley CR8 1AY | £4,921 | 57 | 2 | Flat | ||
| £270K | 01/25 | 0.62 mi | 660, Brighton Road, Purley CR8 2BB | £4,909 | 55 | 2 | Flat | ||
| £279K | 03/25 | 0.65 mi | 37, Partridge Knoll, Purley CR8 1BS | £3,822 | 73 | 2 | Flat | ||
| £268K | 03/25 | 0.67 mi | 119, Kingsdown Avenue, South Croydon CR2 6QL | £4,702 | 57 | 2 | Flat | ||
| £387.5K | 12/24 | 0.7 mi | 103, Flat 9, Montpelier Road, Purley CR8 2QF | £6,055 | 64 | 2 | Flat | ||
| £345K | 02/25 | 0.73 mi | 79l Cara House, Flat 2, Riddlesdown Road, Purley CR8 1DH | - | - | 2 | Flat | ||
| £340K | 07/25 | 0.83 mi | 54, Chancellor Gardens, South Croydon CR2 6WB | - | - | 2 | Flat | ||
| £312K | 02/25 | 0.86 mi | 8, 30 Highcroft, Old Lodge Lane, Purley CR8 4DF | £4,457 | 70 | 2 | Flat | ||
| £262.5K | 06/23 | 0.87 mi | 538, Brighton Road, South Croydon, Greater London CR2 6AU | - | - | 2 | Flat | ||
| £292.5K | 07/21 | 0.94 mi | 12, Plesman Way, Wallington, Greater London SM6 9NB | £4,615 | 63 | 2 | Flat | ||
| £275K | 11/24 | 0.94 mi | Hurst View Grange, 15, Pampisford Road, South Croydon CR2 6DL | £4,167 | 66 | 2 | Flat | ||
| £284K | 05/25 | 0.95 mi | Flat 9, 198 Milford House, Pampisford Road, South Croydon CR2 6DB | £4,176 | 68 | 2 | Flat | ||
| £284K | 05/25 | 0.95 mi | Flat 9, 198 Milford House, Pampisford Road, South Croydon CR2 6DB | - | - | 2 | Flat |
Local Rents
50 rents from £1.3K/mo to £2K/mo, average is £1.8K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,750 | 12/24 | 0.01 mi | - | 2 | Flat | ||
| £1,800 | 03/25 | 0.01 mi | - | 2 | Flat | ||
| £1,850 | 10/25 | 0.05 mi | Banstead Road, Purley, CR8 | 2 | Flat | ||
| £1,870 | 09/25 | 0.06 mi | - | 2 | Flat | ||
| £1,850 | 09/25 | 0.06 mi | - | 2 | Flat | ||
| £1,950 | 12/24 | 0.06 mi | Banstead Road, Purley, CR8 | 2 | Flat | ||
| £1,900 | 12/24 | 0.06 mi | Banstead Road, Banstead Road, CR8 | 2 | Flat | ||
| £1,850 | 08/25 | 0.06 mi | Banstead Road, Purley, CR8 | 2 | Flat | ||
| £1,950 | 11/25 | 0.07 mi | Kunle Court, Banstead Road, Purley | 2 | Flat | ||
| £1,950 | 07/25 | 0.07 mi | Banstead Road, Purley Way, Purley, CR8 | 2 | Flat | ||
| £1,850 | 10/25 | 0.07 mi | Banstead Road, Purley, CR8 | 2 | Flat | ||
| £1,800 | 11/25 | 0.07 mi | Banstead Road, Purley, CR8 | 2 | Flat | ||
| £1,950 | 06/25 | 0.07 mi | Banstead Road, Purley | 2 | Flat | ||
| £1,850 | 07/25 | 0.07 mi | Banstead Road Purley CR8 | 2 | Flat | ||
| £1,750 | 10/25 | 0.07 mi | Banstead Road, Purley | 2 | Flat | ||
| £1,950 | 11/25 | 0.07 mi | Banstead Road, Purley | 2 | Flat | ||
| £1,800 | 09/25 | 0.07 mi | Banstead Road London CR8 | 2 | Flat | ||
| £1,950 | 12/24 | 0.08 mi | - | 2 | Flat | ||
| £1,950 | 12/24 | 0.08 mi | - | 2 | Flat | ||
| £1,950 | 12/24 | 0.08 mi | - | 2 | Flat | ||
| £1,550 | 11/25 | 0.09 mi | Tudor Court, Russell Hill Road, Purley, CR8 | 2 | Flat | ||
| £2,050 | 06/25 | 0.09 mi | Verdun Heights, Foxley Lane, West Purley | 2 | Flat | ||
| £1,800 | 06/25 | 0.1 mi | Russell Hill, Purley, CR8 | 2 | Flat | ||
| £1,850 | 07/25 | 0.1 mi | Russell Hill, Purley, CR8 | 2 | Flat | ||
| £1,950 | 11/25 | 0.1 mi | - | 2 | Flat | ||
| £1,750 | 11/25 | 0.11 mi | Brighton Road, Purley | 2 | Flat | ||
| £1,695 | 10/25 | 0.11 mi | Brighton Road, Purley, CR8 | 2 | Flat | ||
| £1,600 | 03/25 | 0.12 mi | - | 2 | Flat | ||
| £1,700 | 06/25 | 0.14 mi | Woodcote Valley Road, Purley | 2 | Flat | ||
| £1,700 | 09/25 | 0.14 mi | Woodcote Valley Road, Purely | 2 | Flat | ||
| £1,600 | 11/25 | 0.14 mi | Woodcote Valley Road, Purley | 2 | Flat | ||
| £1,600 | 10/25 | 0.14 mi | 1-2 Kimberley Place, Purley | 2 | Flat | ||
| £1,850 | 02/25 | 0.15 mi | - | 2 | Flat | ||
| £1,800 | 04/25 | 0.15 mi | - | 2 | Flat | ||
| £1,650 | 08/25 | 0.15 mi | - | 2 | Flat | ||
| £1,700 | 10/25 | 0.16 mi | - | 2 | Flat | ||
| £1,600 | 09/25 | 0.16 mi | - | 2 | Flat | ||
| £1,900 | 09/25 | 0.16 mi | Pampisford Road, Purley, CR8 | 2 | Flat | ||
| £1,900 | 10/25 | 0.16 mi | Pampisford Road, Purley, CR8 | 2 | Flat | ||
| £1,800 | 12/24 | 0.16 mi | Pampisford Road, Purley, CR8 | 2 | Flat | ||
| £1,600 | 08/25 | 0.16 mi | Russell Hill Place, Purley, CR8 | 2 | Flat | ||
| £1,600 | 09/25 | 0.16 mi | - | 2 | Flat | ||
| £1,500 | 06/25 | 0.18 mi | Purley Heights, 124 High Street, PURLEY, Surrey, CR8 | 2 | Flat | ||
| £1,750 | 11/25 | 0.18 mi | Calum Court, Central Purley, Purley, CR8 | 2 | Flat | ||
| £1,800 | 10/25 | 0.19 mi | Calum Court, Central Purley, Purley, CR8 | 2 | Flat | ||
| £1,800 | 10/25 | 0.19 mi | Calum Court, Central Purley, Purley, CR8 | 2 | Flat | ||
| £1,800 | 10/25 | 0.19 mi | Calum Court, Central Purley, Purley, CR8 | 2 | Flat | ||
| £1,300 | 11/25 | 0.19 mi | High Street, Purley | 2 | Flat | ||
| £1,850 | 09/25 | 0.19 mi | - | 2 | Flat | ||
| £1,850 | 01/25 | 0.19 mi | - | 2 | Flat |
Local Area Statistics
Population in CR8 | 32,30132,301 |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.27 miles away0.27 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -4%-4% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +10%+10% |
Property History
Listed for £300,000
December 30, 2024
Floor Plans
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.
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