3 Bed Terraced House, Refurb/BRRR, Croydon, CR0 6PP, £400,000

Windermere Road, CROYDON, CR0 6PP - 3 months ago

Refurb/BRRR
ROI: 4%
~75 m²
+6 photos

ValuationOvervalued

Sold Prices£322K - £585K
Sold Prices/m²£2.3K/m² - £7.1K/m²

 

 

Square Metres

~75 m²
Price/m²£5.3K/m²

Value Estimate

£373,976

 

 

End Value (After Refurb)

£353,562

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£31,200

Refurb Costs

£39,641

Bridging Loan Interest

£10,500

Total Cash In

£183,091

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£353,562

Mortgage (After Refinance)

£265,171

Mortgage LTV

75%

Cash Left In

£183,091

Equity

£88,390

Rent Range

£1,700 - £2,800

Rent Estimate

£2,083

Running Costs/mo

£1,541

Cashflow/mo

£542

Cashflow/yr

£6,498

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £322K to £585K, average is £455K. £2.3K/m² to £7.1K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£430K06/210.01 mi9, Windermere Road, Croydon, Greater London CR0 6PP3
£435K09/210.02 mi4, Windermere Road, Croydon, Greater London CR0 6PP3
£423.5K11/210.06 mi96, Capri Road, Addiscombe, Croydon, Greater London CR0 6LF3
£437.5K04/210.07 mi151, Dalmally Road, Croydon, Greater London CR0 6LZ3
£500K10/210.09 mi15, Amberley Grove, Croydon, Greater London CR0 6ND3
£450K03/230.14 mi37, Highbarrow Road, Croydon, Greater London CR0 6LD3
£403K06/210.15 mi47, Hastings Road, Croydon, Greater London CR0 6PH3
£430K02/230.15 mi33, Hastings Road, Croydon, Greater London CR0 6PH3
£420K07/230.15 mi38, Capri Road, Addiscombe, Croydon, Greater London CR0 6LE3
£495K03/210.15 mi2, Capri Road, Addiscombe, Croydon, Greater London CR0 6LE3
£465K01/210.22 mi12, Addiscombe Avenue, Croydon, Greater London CR0 6LH3
£555K01/230.26 mi73, Exeter Road, Croydon, Greater London CR0 6EL3
£417K02/230.26 mi95, Exeter Road, Croydon, Greater London CR0 6EL3
£490K08/210.27 mi41, Teevan Road, Croydon, Greater London CR0 6RP3
£550K06/230.27 mi34, Havelock Road, Croydon, Greater London CR0 6QP3
£565K01/230.27 mi18, Coniston Road, Croydon, Greater London CR0 6LN3
£492K10/210.28 mi35, Alderton Road, Croydon, Greater London CR0 6HH3
£460K02/230.29 mi65, Stretton Road, Croydon, Greater London CR0 6ES3
£440K03/230.29 mi64, Rymer Road, Croydon, Greater London CR0 6EE3
£465K01/210.29 mi11, Dalmally Road, Croydon, Greater London CR0 6LU3
£386K05/210.3 mi9, Tunstall Road, Croydon, Greater London CR0 6TY3
£441K02/210.3 mi43, Tunstall Road, Croydon, Greater London CR0 6TY3
£450K04/210.3 mi45, Tunstall Road, Croydon, Greater London CR0 6TY3
£420K09/210.31 mi81, Rymer Road, Croydon, Greater London CR0 6EF3
£585K01/230.31 mi42, Teevan Road, Croydon, Greater London CR0 6RN3
£450K04/210.32 mi28, Tunstall Road, Croydon, Greater London CR0 6TU3
£375K04/210.33 mi14, Laurier Road, Croydon, Greater London CR0 6JQ3
£425K07/230.33 mi24, Laurier Road, Croydon, Greater London CR0 6JQ3
£375.6K01/210.33 mi30, Dalmally Road, Croydon, Greater London CR0 6LS3
£445K12/200.34 mi102, Addiscombe Court Road, Croydon, Greater London CR0 6TS3
£480K02/230.34 mi74, Woodside Court Road, Croydon, Greater London CR0 6RU3
£485.8K02/230.34 mi58, Woodside Court Road, Croydon, Greater London CR0 6RU3
£475K09/210.34 mi61, Teevan Road, Croydon, Greater London CR0 6RQ3
£468.5K12/200.35 mi21, Stretton Road, Croydon, Greater London CR0 6EQ3
£465K06/230.35 mi1, Stretton Road, Croydon, Greater London CR0 6EQ3
£322K12/200.36 mi119, Addiscombe Court Road, Croydon, Greater London CR0 6TX3
£515K01/210.36 mi121, Addiscombe Court Road, Croydon, Greater London CR0 6TX3
£465K06/210.37 mi94, Alexandra Road, Croydon, Greater London CR0 6EW3
£493K04/230.37 mi105, Tunstall Road, Croydon, Greater London CR0 6TZ3
£400K02/210.37 mi41, Dominion Road, Croydon, Greater London CR0 6JP3
£369.6K06/210.38 mi42, Leslie Park Road, Croydon, Greater London CR0 6TP3
£480K06/230.38 mi99, Northway Road, Croydon, Greater London CR0 6JJ3
£475K05/230.38 mi85, Alderton Road, Woodside, Croydon, Greater London CR0 6HL3
£460K06/210.38 mi133, Lebanon Road, Croydon, Greater London CR0 6UU3
£400K12/200.39 mi68, Northway Road, Croydon, Greater London CR0 6JF3
£494K06/210.39 mi99, Alexandra Road, Croydon, Greater London CR0 6EZ3
£495K12/210.39 mi7, Lindfield Road, Croydon, Greater London CR0 6HN3
£445K01/230.41 mi42, Addiscombe Court Road, Croydon, Greater London CR0 6TQ3
£410K09/210.41 mi14b, Davidson Road, Croydon, Greater London CR0 6DA3
£485K09/210.41 mi66, Addiscombe Court Road, Croydon, Greater London CR0 6TQ3

Local Rents

50 rents from £1.7K/mo to £2.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.02 mi-3
£2,30012/240.07 mi-3
£2,05012/240.15 miSundridge Road, Croydon, CR03
£1,80012/240.15 miSundridge Road, Addiscombe, Croydon3
£1,80012/240.15 miSundridge Road, Addiscombe, Croydon3
£1,75012/240.15 mi-3
£1,90004/250.17 mi-3
£2,60004/250.21 mi-3
£1,90012/240.24 miExeter Road, Addiscombe3
£1,90012/240.24 miExeter Road, Croydon, CR03
£1,95012/240.25 miMorland Road, Addiscombe, CR03
£1,85012/240.32 miTunstall Road, East Croydon3
£2,15003/250.32 mi-3
£2,20002/240.33 mi-3
£2,10001/250.35 mi-3
£1,90012/240.35 miAddiscombe Court Road, East Croydon3
£2,25012/240.35 miNorthway Road, Addiscombe3
£2,20012/240.36 miNorthway Road, Croydon, CR03
£2,30012/240.36 miAlexandra Road, Croydon, CR03
£2,00012/240.37 miTunstall Road, CROYDON3
£2,00012/240.37 miTunstall Road, Croydon CR03
£2,10012/240.37 mi-3
£2,50012/240.37 miAlexandra Road, Croydon, CR03
£2,50012/240.37 miAlexandra Road, Croydon, CR03
£1,98503/240.37 mi-3
£2,20012/240.38 miNorthway Road3
£2,20012/240.4 miNorthway Road, Croydon, CR03
£2,20012/240.41 miAddiscombe Court Road, Croydon, CR03
£2,00012/240.41 miDavidson Road, Croydon, CR03
£2,80004/250.41 mi-3
£2,25012/240.41 miBlackhorse Lane, Croydon, Surrey3
£2,40002/250.42 mi-3
£1,85012/240.42 miAddiscombe Court Road, Croydon CR03
£2,00012/240.42 mi-3
£2,25004/250.42 mi-3
£1,70012/240.42 mi-3
£1,95012/240.43 miDavidson Road, Croydon, CR03
£1,95012/240.43 miDavidson Road, Croydon, CR03
£1,95012/240.44 miDavidson Road, Croydon, CR03
£1,95012/240.44 miDavidson Road, Croydon, CR03
£1,90012/240.46 miAlpha Road, Croydon, CR03
£1,90003/240.46 mi-3
£2,50012/240.47 miFreemasons Road, Croydon, CR03
£2,00012/240.47 miAddiscombe Road, Croydon, CR0 6SA3
£2,20012/240.47 miDavidson Road, Croydon, CR03
£2,15004/250.47 mi-3
£2,45012/240.47 mi-3
£2,45002/250.47 mi-3
£2,10012/240.48 miAlpha Road, East Croydon, CR03
£2,35012/240.5 mi-3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.86 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £400,000

April 2, 2025

Listed for £415,000

January 20, 2025

Floor Plans

Description

  • OPEN PLAN KITCHEN DINER +
  • SEPARATE LOUNGE +
  • THREE BEDROOMS +
  • UPSTAIRS BATHROOM +
  • SPACIOUS GARDEN +
  • NO ONWARD CHAIN +
  • IN NEED OF WORK +
  • WALKING DISTANCE TO THE STATION +

Jukes and Co are pleased to offer this three bedroom house in need of some modernisation, offers a spacious kitchen/Diner, separate lounge, good size garden and an upstairs bathroom.
Located in a quiet cul de sac, walking distance to the ever popular East Croydon Station with links to London Bridge, Victoria, Clapham, Brighton, Hastings and several other popular destinations.
Schools, bus stops, shops, restaurants and parks are all within a short walk away making this a great location to live.
With no onward chain

Agent Details

Jukes & Co Estate Agents, South Norwood

020 3835 5432

Next Steps?

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