5 Bed Terraced House, Cash/Bridging Only, CR7 6HE, £569,999

Fairlands Avenue, Thornton Heath, CR7 6HE - 5 views - 2 months ago

Cash
~178 m²
+11 photos

ValuationFair Value

Sold Prices£210.2K - £1.2M
Sold Prices/m²£2.9K/m² - £8.9K/m²

 

 

Square Metres

~178.28 m²
Price/m²£3.2K/m²

Value Estimate

£581,399

 

 

End Value (After Refurb)

£767,443

Uplift in Value

+35%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£142,500

Stamp Duty & Legal Fees

£34,300

Refurb Costs

£94,317

Bridging Loan Interest

£14,962

Total Cash In

£287,830

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£767,443

Agent Fees (1%)

£7,674

Bridging Loan

£427,499

Bridging Loan Interest

£14,962

Flip Profit

£44,439

Local Sold Prices

51 sold prices from £210.2K to £1.2M, average is £660K. £2.9K/m² to £8.9K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£460K04/210.12 mi45, Fairlands Avenue, Thornton Heath, Greater London CR7 6HD5
£568.5K11/210.19 mi31, Leander Road, Thornton Heath, Greater London CR7 6JY5
£505K03/210.22 mi75, Headcorn Road, Thornton Heath, Greater London CR7 6JS5
£550K07/230.27 mi77, Galpins Road, Thornton Heath, Greater London CR7 6EN5
£650K12/210.33 mi16, Namton Drive, Thornton Heath, Greater London CR7 6EP5
£487.5K12/200.54 mi120, Richmond Road, Thornton Heath, Greater London CR7 7QD5
£675K11/200.62 mi49, Ederline Avenue, London, Greater London SW16 4RZ5
£675K11/200.62 mi49, Ederline Avenue, London, Greater London SW16 4RZ5
£760K03/210.63 mi16, Pollards Hill North, London, Greater London SW16 4NL5
£460K12/200.68 mi71, Melfort Road, Thornton Heath, Greater London CR7 7RT5
£825K04/210.73 mi17, Norbury Court Road, London, Greater London SW16 4HU5
£630K04/230.95 mi110, Semley Road, London, Greater London SW16 4PJ5
£498K05/211 mi58, Abbotts Road, Mitcham, Greater London CR4 1JU5
£210.2K10/201.01 mi29, Robinhood Lane, Mitcham, Greater London CR4 1JL5
£605K03/211.08 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£290.7K12/221.08 mi37, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£710K07/231.08 mi41, Franklin Crescent, Mitcham, Greater London CR4 1ND5
£570K03/231.08 mi121, Manor Road, Mitcham, Greater London CR4 1JD5
£523.5K05/211.1 mi76, Sherwood Park Road, Mitcham, Greater London CR4 1NA5
£615K03/211.12 mi21, Georgia Road, Thornton Heath, Greater London CR7 8DU5
£500K05/231.18 mi52, Carolina Road, Thornton Heath, Greater London CR7 8DL5
£680K12/201.2 mi2, St Olaves Walk, London, Greater London SW16 5QQ5
£725K06/231.21 mi123, Longthornton Road, London, Greater London SW16 5QF5
£660K12/201.28 mi35, St Oswalds Road, London, Greater London SW16 3SA5
£770K01/211.28 mi25, Heatherset Gardens, Norbury, London, Greater London SW16 3LS5
£690K07/221.29 mi60, Florida Road, Thornton Heath, Greater London CR7 8EW5
£599.5K05/231.3 mi85, Hassocks Road, London, Greater London SW16 5HA5
£825K06/231.3 mi44, Colmer Road, London, Greater London SW16 5JZ5
£860K01/231.31 mi224, Green Lane, London, Greater London SW16 3BL5
£723.8K06/231.34 mi52, Danbrook Road, London, Greater London SW16 5JX5
£660K03/211.35 mi102, Virginia Road, Thornton Heath, Greater London CR7 8EJ5
£850K06/211.35 mi66, Virginia Road, Thornton Heath, Greater London CR7 8EJ5
£835K03/211.36 mi75, Virginia Road, Thornton Heath, Greater London CR7 8EN5
£455K06/211.38 mi87b, Burlington Road, Thornton Heath, Greater London CR7 8PJ5
£640K06/211.39 mi9, Clifton Road, London, Greater London SE25 6NJ5
£920K02/211.41 mi58a, Strathbrook Road, London, Greater London SW16 3AZ5
£560K10/201.41 mi7, Covington Way, London, Greater London SW16 3RX5
£745.9K08/231.43 mi22, Briar Avenue, London, Greater London SW16 3AA5
£612.5K07/221.46 mi224, Grange Road, Upper Norwood, London, Greater London SE25 6TB5
£605K03/211.48 mi32, Grangecliffe Gardens, London, Greater London SE25 6SZ5
£700K06/211.48 mi36, Dale Park Road, London, Greater London SE19 3TY5
£850K07/231.48 mi38, Crescent Way, London, Greater London SW16 3AJ5
£950K04/221.49 mi76, Christian Fields, London, Greater London SW16 3JX5
£642K03/211.51 mi28, Holmewood Road, London, Greater London SE25 6UY5
£750K10/211.52 mi30, Downsview Road, London, Greater London SE19 3XB5
£577K03/211.52 mi35, Holmewood Road, London, Greater London SE25 6UZ5
£620K11/201.53 mi12, Wharncliffe Gardens, London, Greater London SE25 6DQ5
£1.2M09/231.58 mi107, Briar Avenue, London, Greater London SW16 3AG5
£1.2M09/231.58 mi107, Briar Avenue, London, Greater London SW16 3AG5
£729K07/221.58 mi4, Wharncliffe Gardens, London, Greater London SE25 6DQ5
£795K05/211.6 mi64, Whitworth Road, London, Greater London SE25 6XJ5

Local Rents

50 rents from £1.7K/mo to £5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,00012/240.03 miAshley Road, Thornton Heath3
£2,30005/240.08 miSilverleigh Road, Thornton Heath4
£1,95001/250.09 mi-3
£1,85003/250.09 mi-3
£2,00003/240.12 miFairlands Avenue, Thornton Heath, CR73
£2,00003/250.13 mi-3
£2,00002/240.13 mi-3
£2,40003/250.14 mi-4
£1,70003/240.14 miLondon Road, Thornton Heath, CR73
£2,90002/250.17 mi-4
£2,30004/240.22 miGonville Road, THORNTON HEATH4
£1,80003/250.23 mi-3
£2,20005/240.24 miColliers Water Lane, CR73
£2,89003/250.24 mi-4
£3,50002/250.29 mi-5
£1,95002/240.31 mi-3
£1,95003/240.31 miWarwick Gardens, London, CR73
£2,75003/240.31 miOaklands Avenue, Thornton Heath, CR75
£1,90003/240.31 miWarwick Gardens, London Road, Thornton Heath, CR73
£1,75003/240.31 miWarwick Gardens, London Road, Thornton Heath, CR73
£5,00002/250.32 mi-7
£2,75003/240.32 miOaklands Avenue, Thornton Heath, CR74
£2,75003/240.32 miOaklands Avenue, Thornton Heath, CR74
£2,10003/240.33 miOaklands Avenue, Thornton Heath3
£2,50003/240.34 miBroughton Road, THORNTON HEATH4
£2,00003/240.35 miBeverstone Road, THORNTON HEATH3
£2,10004/240.36 miBeverstone Road, Thornton Heath, Surrey, CR73
£2,30004/240.37 miGalpins Road, Norbury3
£2,25004/240.37 miGalpins Road Thornton Heath CR73
£2,00004/240.4 mi-3
£2,30002/250.42 mi-3
£2,00002/250.43 mi-3
£2,20003/250.43 mi-3
£2,30003/240.43 mi-4
£2,00003/240.45 miKeston Road, CR73
£2,10003/240.45 miKeston Road, CR73
£2,10003/240.45 miKeston Road, THORNTON HEATH3
£2,10003/240.45 miKeston Road, THORNTON HEATH3
£2,10004/240.45 miKeston Road, THORNTON HEATH3
£2,10004/240.45 miKeston Road, THORNTON HEATH3
£2,10004/240.45 miKeston Road, THORNTON HEATH3
£2,25009/240.46 miPollards Hill South, London, SW163
£2,20003/240.46 mi-3
£2,25009/240.46 miPollards Hill South, Streatham3
£1,85003/240.46 miPenshurst Road, Thornton Heath, CR73
£3,00003/240.47 miLinden Avenue, Thornton Heath, CR74
£3,00002/250.48 mi-5
£3,10003/240.48 mi-5
£4,00005/240.48 miFrant Road, Thornton Heath, CR75
£4,00005/240.48 mi-5

Local Area Statistics

Population in cr7

44,620

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £569,999

January 30, 2025

Floor Plans

Description

  • Off Street Parking +
  • Local to Thornton Heath Train Station +
  • Excellent Schools Nearby +
  • 7% NET Rental Yield +
  • Close Proximity To Croydon University Hospital +
  • Below Market Value Opportunity +

This immaculate 5-bedroom end-terrace offers a perfect mix of space, modern features, and a prime location, making it ideal for first-time buyers, growing families, or those seeking their dream home. Situated in a sought-after, family-friendly area, this property boasts great potential and a warm, inviting atmosphere.

As you step into this lovely home, a welcoming front porch leads you into a spacious hallway. The bright lounge is perfect for relaxing or hosting guests, while the generously sized lounge/diner flows into a well-equipped kitchen. A convenient utility room completes the ground floor. Upstairs, you'll find two double bedrooms and a versatile third bedroom, ideal for a home office or guest room, plus a modern family bathroom. The second floor offers two more double bedrooms and a second family bathroom. With plenty of space and modern features, this home is perfect for first-time buyers and growing families.

Externally, this property offers off-street parking for two cars and a well-maintained rear garden, ideal for family gatherings and outdoor entertaining.

The area offers a perfect mix of convenience, community, and green space, ideal for first-time buyers and families. With excellent transport links to Central London in under 30 minutes, plus local amenities, schools, and parks nearby, it’s a fantastic place to live. Known for its strong community spirit, the area offers affordable property prices and great potential for long-term growth, making it an excellent investment opportunity.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a £6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Agent Details

House Sales Direct, Cheadle

0161 524 8266

Next Steps?

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