3 Bed Terraced House, Single Let, Croydon, CR0 9EP, £325,000

North Walk, New Addington, Croydon, CR0 9EP - 3 views - 3 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£290K - £760K
Sold Prices/m²£3.2K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£393,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,441 - £2,700

Rent Estimate

£1,900

Running Costs/mo

£1,416

Cashflow/mo

£484

Cashflow/yr

£5,813

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £290K to £760K, average is £417.5K. £3.2K/m² to £8.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£355K12/220.16 mi67, Underwood, New Addington, Croydon, Greater London CR0 9EH3
£295K10/210.18 mi55, Elmside, New Addington, Croydon, Greater London CR0 9DU3
£352.5K08/210.24 mi93, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£307K12/200.24 mi125, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£312K02/210.25 mi96, Applegarth, New Addington, Croydon, Greater London CR0 9DH3
£292K12/200.26 mi53, Brierley, New Addington, Croydon, Greater London CR0 9DQ3
£290K11/200.31 mi23, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£330K12/220.31 mi41, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£315K07/230.35 mi40, Applegarth, New Addington, Croydon, Greater London CR0 9DB3
£326K12/210.37 mi60, Bygrove, New Addington, Croydon, Greater London CR0 9DG3
£400K05/230.38 mi100, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£355K02/230.38 mi62, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£435K04/210.41 mi88, Addington Village Road, Croydon, Greater London CR0 5AQ3
£440K11/210.41 mi84, Addington Village Road, Croydon, Greater London CR0 5AQ3
£365K07/210.41 mi46, Claygate Crescent, New Addington, Croydon, Greater London CR0 0RA3
£450K02/230.42 mi25, Headley Drive, New Addington, Croydon, Greater London CR0 0QH3
£320K12/200.55 mi170, Headley Drive, New Addington, Croydon, Greater London CR0 0QJ3
£365K12/200.57 mi71, Thursley Crescent, New Addington, Croydon, Greater London CR0 0PR3
£377.5K09/210.67 mi157, King Henrys Drive, New Addington, Croydon, Greater London CR0 0PH3
£370K09/210.69 mi35, Goldcrest Way, New Addington, Croydon, Greater London CR0 0PL3
£496K07/210.7 mi8, Falconwood Road, Croydon, Greater London CR0 9BB3
£500K05/210.72 mi10, Huntingfield, Croydon, Greater London CR0 9BA3
£440K06/230.76 mi5, Aldrich Crescent, New Addington, Croydon, Greater London CR0 0NP3
£472.5K03/210.76 mi70, Falconwood Road, Croydon, Greater London CR0 9BD3
£500K03/230.76 mi80, Falconwood Road, Croydon, Greater London CR0 9BD3
£523K04/230.79 mi119, Falconwood Road, Croydon, Greater London CR0 9BF3
£400K07/230.8 mi29, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£380K07/210.8 mi87, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£377.5K01/210.8 mi41, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£371K08/210.8 mi55, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£750K11/220.81 mi146, The Grove, West Wickham, Greater London BR4 9JZ3
£750K06/210.82 mi1, Tudor Gardens, West Wickham, Greater London BR4 9LX3
£670K03/210.82 mi12, Tudor Gardens, West Wickham, Greater London BR4 9LX3
£585K03/210.85 mi26, Featherbed Lane, Croydon, Greater London CR0 9AE3
£485K04/230.87 mi4, Grenville Road, New Addington, Croydon, Greater London CR0 0NY3
£496K11/210.88 mi26, Crossways, South Croydon, Greater London CR2 8JL3
£390K04/210.88 mi4, Dovedale Close, Owlsmoor, Sandhurst, Bracknell Forest GU47 0YG3
£485K02/210.89 mi10, Crossways, South Croydon, Greater London CR2 8JL3
£540K09/210.9 mi196, Bridle Road, Croydon, Greater London CR0 8HL3
£618K12/200.9 mi76, Palace View, Croydon, Greater London CR0 8QN3
£608K06/210.9 mi29, Layhams Road, West Wickham, Greater London BR4 9HD3
£335K03/210.91 mi31, Parkway, New Addington, Croydon, Greater London CR0 0JA3
£325K06/230.92 mi33, Montacute Road, New Addington, Croydon, Greater London CR0 0JF3
£455K03/230.92 mi22, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£460.8K07/230.92 mi52, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£760K01/230.92 mi33, Oaklands Avenue, West Wickham, Greater London BR4 9LF3
£325K11/200.92 mi11, Bothwell Road, New Addington, Croydon, Greater London CR0 0NR3
£625K11/200.96 mi8, Highfield Drive, West Wickham, Greater London BR4 9NH3
£740K01/210.96 mi3, Highfield Drive, West Wickham, Greater London BR4 9NH3
£620K02/210.96 mi17, Highfield Drive, West Wickham, Greater London BR4 9NH3

Local Rents

14 rents from £1.4K/mo to £2.7K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.01 mi-3
£2,05011/240.02 mi-3
£2,70010/240.02 mi-3
£2,70011/240.02 mi-3
£2,69010/240.05 mi-3
£2,00011/230.22 mi-3
£2,50011/240.22 mi-3
£2,40011/240.22 mi-3
£2,05012/240.31 mi-3
£2,10010/230.37 mi-3
£1,85001/240.38 mi-3
£2,00012/240.54 mi-3
£1,44112/240.59 miHeadley Drive, CR03
£2,40002/250.61 mi-3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £325,000

January 3, 2025

Floor Plans

Description

A three bedroom terrace home offered for sale with no onward chain and close to all local amenities and the tram link.. The property benefits from a fitted kitchen, good sized lounge and also has a very useful downstairs cloakroom , Gas central heating and double glazed throughout. To the first floor are three good sized bedrooms and a family bathroom/wet room and to the rear is a manageable garden with a patio area and close by there is residents parking.

Situated being accessible to all local amenities including the New Addington parade with comprehensive shopping facilities and a new leisure centre with swimming pool. Transport links with the local tram which starts from the parade and a tram link is minutes away with a direct service to Croydon town centre and main line station with a frequent service to London. The area also provides a good selection of schools both state and independent

Agent Details

Bairstow Eves, Selsdon

020 3835 5844

Next Steps?

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