2 Bed Flat, Single Let, Croydon, CR0 2JA, £260,000

Whitehorse Road, Croydon, CR0 2JA - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²

ValuationUndervalued

Sold Prices£195K - £375K
Sold Prices/m²£2.5K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£305,418
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£10,300

Total Cash In

£75,300

 

 

Cash Out

 

Rent Range

£1,400 - £3,200

Rent Estimate

£1,500

Running Costs/mo

£1,133

Cashflow/mo

£368

Cashflow/yr

£4,410

ROI

6%

Gross Yield

7%

Local Sold Prices

47 sold prices from £195K to £375K, average is £287K. £2.5K/m² to £6.1K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£295K11/210.18 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£294K03/230.2 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£290K07/230.36 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.36 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£220K03/230.4 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£265K08/210.48 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£320K12/220.48 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£215K04/210.52 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£298K01/230.53 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£352K06/210.53 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£280K01/210.6 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£334K07/230.61 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£286K05/230.62 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£346K01/210.65 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£245K03/230.66 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£255K03/230.67 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£295K12/220.67 mi63b, Saxon Road, London, Greater London SE25 5EH2
£262K03/210.69 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.69 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£280K06/210.71 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£329.2K06/210.72 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£337.5K12/200.74 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£275K11/210.78 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£326K09/210.79 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£288K02/210.8 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£300K04/230.81 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£280K08/210.81 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£299.5K10/210.83 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£257K08/210.83 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.83 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£292.5K02/230.83 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£265K01/230.83 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£305K04/230.84 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£248K04/210.85 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£375K03/210.88 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£320K12/200.88 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£270K02/230.89 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£195K12/220.92 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£235K02/230.92 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£295K08/210.93 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£250K05/230.93 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£290K06/230.94 mi84, Watson Place, London, Greater London SE25 5FA2
£290K10/210.95 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£240K07/230.95 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£282.5K06/230.96 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£335K10/211 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/211 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2

Local Rents

50 rents from £1.4K/mo to £3.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75002/240.01 mi-2
£1,75003/250.01 mi-2
£1,45003/240.04 mi-2
£2,50003/250.04 mi-2
£1,75012/240.04 miWhitehorse Road, Croydon, London, CR02
£1,50003/250.04 mi-2
£1,62512/240.09 mi-2
£1,62512/240.09 mi-2
£1,80001/250.09 mi-2
£1,70004/250.11 mi-2
£1,65012/240.12 mi-2
£1,50012/240.13 miSt James Road, Croydon, CR02
£2,00001/250.14 mi-2
£1,77702/240.14 mi-2
£1,77712/240.14 mi-2
£1,70004/250.14 mi-2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,90012/240.14 mi1 Newgate, CR0 2FB2
£1,80002/240.14 mi-2
£1,65012/240.15 miNoel Court, 23 Grenaby Road, Croydon, CR02
£1,65012/240.15 miGrenaby Road, East Croydon2
£3,20001/250.15 mi-2
£2,60012/240.15 mi-2
£1,62512/240.16 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,75012/240.16 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,85002/250.18 mi-2
£1,65012/240.18 miChartwell Close, Tavistock Road2
£1,60001/250.18 mi-2
£1,70003/250.18 mi-2
£1,80012/240.19 miTavistock Road, Croydon2
£1,77502/240.19 mi-2
£1,77502/250.19 mi-2
£1,80012/240.2 mi-2
£2,50002/250.2 mi-2
£2,40004/240.21 mi-2
£1,65002/250.21 mi-2
£1,40001/250.21 mi-2
£1,45012/240.23 miSydenham Road, Croydon2
£1,75012/240.24 miSydenham Road, Croydon2
£1,55002/250.24 mi-2
£1,75012/240.24 miSydenham Road, Croydon, CR02
£1,70003/250.24 mi-2
£1,75012/240.24 miSolar Court, Croydon, CR02
£1,75012/240.24 mi-2
£1,67502/250.24 mi-2
£1,72501/250.25 mi-2
£1,65002/250.25 mi-2
£1,50012/240.26 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £260,000

February 4, 2025

Listed for £270,000

January 1, 2025

Floor Plans

Description

  • Two double bedrooms +
  • Close proximity to both East & West Croydon +
  • Open plan living space +
  • Balcony +
  • Well presented throughout +
  • No chain +

*Vendor's comments:* My sister and I bought this flat together nearly 6 years ago as first-time buyers and have loved our time here. Initially, we struggled to find a 2 bedroom flat with 2 good size bedrooms. When we saw this flat we knew it was perfect for us. Both double bedrooms are a generous size and there is a gorgeous open-plan kitchen living space for all our needs. The sun streams into the living area through a balcony with views of Selhurst Park and Crystal Palace! The flat is in a great area, so close to both west and east Croydon station as well as the high street and Selhurst station. We have made full use of the box park being so nearby for delicious food options as well as regular events. We're both starting our own families so for the last year we have been renting the property successfully! We're so sad to be leaving the flat but will be staying local and hope the next buyers enjoy it as much as we have!"

Agent Details

Truuli, Croydon

020 3834 8533

Next Steps?

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