2 Bed Flat, Single Let, CR7 7AL £250,000

Marion Road, Thornton Heath, CR7 7AL - 9 months ago
Leasehold
BTL
~58 m²
Property image

ValuationUndervalued

Sold Prices£184K - £355K
Sold Prices/m²£3.3K/m² - £5.9K/m²

 

 

Square Metres

~57.98 m²
Price/m²£4.3K/m²

Value Estimate

£270,697
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£375 - £3,150

Rent Estimate

£375

Running Costs/mo

£876

Cashflow/mo

£-501

Cashflow/yr

£-6,015

Gross Yield

2%

Local Sold Prices

50 sold prices from £184K to £355K, average is £292K. £3.3K/m² to £5.9K/m², average is £4.7K/m².

Price
Date
Distance
Address
Beds
 
£295K12/220.18 mi63b, Saxon Road, London, Greater London SE25 5EH2
£240K07/230.23 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£265K08/210.24 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£330K05/250.25 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£330K05/250.25 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£310K08/250.25 mi68a, Holmesdale Road, South Norwood, London SE25 6JF2
£235K02/230.25 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£295K08/210.25 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£290K10/210.26 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£280K06/210.26 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£220K03/230.33 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£340K12/240.33 mi108, Flat B, Holmesdale Road, South Norwood, London SE25 6JF2
£307K08/210.38 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£275K06/210.38 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.38 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£260K01/250.4 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£328.8K02/230.41 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£270K10/210.42 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£295K07/250.42 mi2, 120 Baskerville Court, Selhurst Road, South Norwood, London SE25 6LL2
£235K02/250.43 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.43 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£310K12/240.43 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£280K08/210.44 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£320K12/220.45 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£280K11/240.45 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£340K09/220.5 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£298K01/230.5 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£345K11/210.52 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£330K07/250.52 mi9, Norfolk Road, Thornton Heath CR7 8ND2
£325K10/220.52 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£272K02/250.52 mi163, Flat 4, Selhurst Road, South Norwood, London SE25 6LG2
£300K08/240.53 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£290K07/230.54 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.54 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£184K04/250.54 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.54 mi35, Carew Road, Thornton Heath CR7 7RF2
£272.5K01/250.59 mi85, St Saviour's Road, Croydon CR0 2XF2
£263K02/230.59 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£240K07/250.59 mi2, 25, Cameron Road, Croydon CR0 2SR2
£295K11/210.6 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£294K03/230.62 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£207.5K07/210.64 mi221a, Whitehorse Lane, London, Greater London SE25 6UU2
£320K02/230.64 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£260K07/250.64 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£345K11/240.64 mi180 Henley Lodge, 4, Selhurst Road, South Norwood, London SE25 5SE2
£345K03/250.65 mi13, Henley Lodge, Tennison Road, South Norwood, London SE25 5RP2
£275K08/210.65 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£290K12/240.66 mi241 Bravo House, Flat 4, Whitehorse Lane, South Norwood, London SE25 6UU2
£355K01/230.67 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£307.5K06/210.69 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2

Local Rents

50 rents from £375/mo to £3.1K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,60004/240 miMarion Road, Thornton Heath, CR72
£1,80005/250.02 mi-2
£1,60004/240.06 mi-2
£1,60012/240.07 miPawsons Road, CR0 2QE2
£1,40005/250.07 mi-2
£1,95003/240.07 miBensham Manor Road, Thornton Heath, CR72
£2,10001/250.09 mi-2
£1,50009/250.12 miWhitehorse Road, Croydon, London, CR02
£1,45010/250.12 miWhitehorse Road, Croydon, London, CR02
£1,85012/240.13 mi-2
£1,70008/240.15 miHolmesdale Road, London2
£1,60010/240.16 mi-2
£1,60012/240.16 mi-2
£1,75009/250.16 miWhitehorse Road, Croydon2
£1,75007/250.16 mi-2
£2,10003/240.2 mi-2
£2,00003/240.2 miZion road, Thornton Heath2
£2,00004/240.2 miZion Road, Thornton Heath, CR72
£2,00005/240.2 miZion Road, Thornton Heath, CR72
£1,65002/240.2 mi-2
£1,65003/240.2 mi-2
£1,65003/240.2 mi-2
£3,15012/240.2 mi-2
£2,15007/250.2 mi-2
£1,70010/250.2 miWhitehorse Road, Croydon, CR02
£1,70007/250.21 mi-2
£1,75002/240.21 mi-2
£1,65012/240.21 mi-2
£1,75010/250.21 miBroadway Avenue, Croydon, CR02
£1,47512/240.22 mi-2
£1,60003/240.22 mi-2
£1,70012/240.22 mi-2
£1,60004/250.22 mi-2
£1,70006/250.23 mi-2
£1,75006/250.23 miHolmesdale Road, SE252
£1,72510/250.23 miPinnacle Apartments, Saffron Central Square, Croydon, CR02
£1,72508/250.23 miPinnacle Apartments, Saffron Central Square, Croydon, CR02
£1,85011/240.24 mi-2
£1,55004/240.24 miBoswell Road, Thornton Heath, Surrey, CR72
£1,50002/240.24 mi-2
£1,40003/240.24 miBoswell Road, CR72
£1,45007/250.25 miFFF 4 Cotford Road, Thornton Heath, Surrey, CR72
£37512/240.25 mi-2
£2,15012/240.26 mi-2
£1,80004/240.26 mi-2
£1,80012/240.26 mi-2
£2,00003/240.26 mi-2
£2,05003/240.26 mi-2
£1,65003/240.26 miEcclesbourne Road, Thornton Heath , Surrey, CR72
£1,65003/240.26 miEcclesbourne Road, Thornton Heath, London, CR72

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £250,000

May 15, 2025

Listed for £260,000

February 4, 2025

Sold for £257,000

2018

Sold for £180,000

2015

Sold for £135,000

2004

Floor Plans

Property image

Description

  • £4500 to add 90 Years +
  • Two-bedroom +
  • Second floor +
  • Private balcony +
  • Prime location +
  • Great transport links +

SUMMARY
Fantastic Two-Bedroom Purpose-Built Apartment in a Prime Location.-£4,500 to add 90 Years

DESCRIPTION
Situated on the second floor, this well-presented apartment offers a spacious and bright living environment. The entrance hall leads to a built-in kitchen on the left, while to the right, a generous lounge benefits from an abundance of natural light. At the rear of the property, you'll find two well-proportioned double bedrooms.

Additional highlights include a private balcony, excellent condition throughout, and a superb location just moments from Thornton Heath High Street. With easy access to Thornton Heath Station, offering convenient links to central London, as well as a range of local amenities including supermarkets, eateries, and leisure facilities, this property is ideal for professionals, couples, or small families.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Thornton Heath

020 3835 3547

Next Steps?

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