2 Bed Flat, Single Let, South Croydon, CR2 6EA, £310,000

Brighton Road, South Croydon, Croydon, CR2 6EA - 3 months ago

Leasehold
BTL
ROI: 2%
~50 m²
+9 photos

ValuationOvervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~50.35 m²
Price/m²£6.2K/m²

Value Estimate

£242,190

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,800

Rent Estimate

£1,450

Running Costs/mo

£1,279

Cashflow/mo

£171

Cashflow/yr

£2,055

ROI

2%

Gross Yield

6%

Local Sold Prices

49 sold prices from £223K to £437.5K, average is £310K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£270K05/230.09 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£295K09/210.1 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.1 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£345K05/230.21 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£306K12/200.21 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£286K12/220.33 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.33 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.33 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£294K04/230.34 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£248K04/230.36 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£243K02/230.39 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£250K08/210.41 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£368K05/230.41 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£330K01/230.41 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£305K01/230.43 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£325K08/210.45 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£280K02/210.47 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£223K07/230.48 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£437.5K12/200.57 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£270K02/230.58 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£305K01/210.6 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£321K06/210.61 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.61 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.61 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£310K05/230.63 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.63 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.63 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.63 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£297K11/200.63 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.63 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£292.5K02/230.75 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.77 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£423K11/200.77 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£255K07/230.78 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£250K05/230.8 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£326K09/210.81 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£327K12/200.85 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£340K02/210.87 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£320K12/200.87 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£367.5K09/210.87 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.89 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.89 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£375K02/230.9 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£285K12/210.9 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£343K09/210.92 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.92 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£299.5K10/210.94 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£315K10/210.99 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/211 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2

Local Rents

52 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.03 miBrighton Road, SOUTH CROYDON2
£1,65012/240.11 miWarham Road, South Croydon, CR22
£1,60012/240.11 miFairhaven Court, Warham Road, South Croydon2
£1,45002/240.14 mi-2
£1,45002/240.14 mi-2
£1,95003/250.14 mi-2
£1,70002/240.16 mi-2
£1,70003/240.19 mi-2
£1,75012/240.19 miHeathfield Rd, Croydon, CR02
£2,15002/240.19 mi-2
£1,65012/240.19 miParker Road, Croydon2
£1,80012/240.2 mi-2
£2,50002/250.21 mi-2
£1,75003/250.22 mi-2
£1,55012/240.23 miUpland Road, South Croydon2
£2,00012/240.24 miTemple road, CR02
£1,51512/240.24 miSt. Peters Road, South Croydon, Surrey, CR02
£1,50012/240.25 miTemple Road, Croydon2
£1,80002/250.25 mi-2
£1,99912/240.25 miKeens Road, Croydon, CR02
£1,99902/240.25 mi-2
£1,99902/240.25 mi-2
£1,69512/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.26 miSouth Park Hill Road, South Croydon 2
£1,69512/240.26 miSouth Park Hill Road, South Croydon2
£2,00012/240.26 miKeens Road, Croydon, CR02
£1,85012/240.26 miKeens Road, Croydon, CR02
£1,79512/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,60012/240.26 mi-2
£1,65012/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,40012/240.26 miBramley Hill, South Croydon2
£1,60012/240.26 miMuggeridge Close , South Croydon2
£1,45012/240.26 miMuggeridge Close, South Croydon2
£1,60012/240.26 miMuggeridge Close, South Croydon2
£1,65002/250.27 mi-2
£2,80002/240.27 mi-2
£2,80002/250.27 mi-2
£1,75003/250.28 mi-2
£1,60012/240.28 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,35003/250.3 mi-2
£1,60012/240.3 miCoombe Road, South Croydon2
£1,60012/240.3 miCoombe Road, South Croydon2
£1,50002/240.31 mi-2
£1,65012/240.32 miSt. Peters Street South Croydon CR22
£1,45012/240.32 miRosamund Close, South Croydon2
£1,70002/250.33 mi-2
£1,70012/240.33 mi-2
£1,65012/240.33 miPark Lane, Croydon, Surrey, CR02
£1,90012/240.33 mi-2
£1,80002/250.33 mi-2
£1,95003/250.34 mi-2

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £310,000

January 8, 2025

Floor Plans

Description

  • STUNNING FLAT +
  • NO ONWARD CHAIN +
  • 2 DOUBLE BEDROOM +
  • FIRST FLOOR +
  • LONG LEASE +
  • MAINTAINED TO A VERY HIGH STANDARD +
  • EASY ACCESS TO SOUTH CROYDON STATION +

We all have an idea of our ideal criteria but every now and again there are properties that come to market that are the pinnacle of their type.

Life is about choices with everyone looking for that little bit of magic when it comes to searching for the right property, you will not be disappointed with this spacious 2 double bedroom FIRST floor apartment.

You will not find anything like this on the market currently. A beautifully proportioned style mansion apartment situated on the first floor of this landmark block that is within easy reach of Croydon’s busy town centre and excellent tram and train links nearby.

The spacious and bright accommodation comprises 2 double bedrooms, a family bathroom. Further benefits include ENTRY SYSTEM, LONG LEASE, STUNNING DECOR throughout.

Brighton Road, is situated in one of the most desirable locations that South Croydon has to offer.

DIRECTIONS
Situated on Brighton Road (A235). The locality is very well served by local bus routes, shops and the restaurants on South End.
Centrale and Whitgift shopping centres are both readily accessible in central Croydon just 0.9 miles away

TRANSPORT
South Croydon Station 0.3 miles
George Street Tram Stop 0.5 miles
Church Street Tram Stop 0.6 miles

SCHOOLS - INFANTS & PRIMARY
Croydon Metropolitan College 0.0 miles

Heathfield Academy 0.1 miles

Saffron Valley Collegiate 0.1 miles

Serenity School 0.1 miles

Agent Details

Streets Ahead, Croydon Central

020 3879 5714

Next Steps?

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