2 Bed Flat, Single Let, CR7 7AL, £260,000

1 Marion Road, Thornton Heath, CR7 7AL - 3 views - 2 months ago

Leasehold
BTL
ROI: 5%
55 m²
+4 photos

ValuationOvervalued

Sold Prices£151K - £375K
Sold Prices/m²£2.4K/m² - £5.7K/m²

 

 

Square Metres

55 m²
Price/m²£4.7K/m²

Value Estimate

£254,602

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£375 - £3,150

Rent Estimate

£1,400

Running Costs/mo

£1,113

Cashflow/mo

£288

Cashflow/yr

£3,450

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £151K to £375K, average is £289.5K. £2.4K/m² to £5.7K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£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
£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
£288K02/210.28 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£346K01/210.32 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£220K03/230.33 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£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
£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
£296.5K03/210.42 miGround Floor Flat, 23, Melfort Road, Thornton Heath, Greater London CR7 7RS2
£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
£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
£325K10/220.52 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£290K07/230.54 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.54 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£375K03/210.59 mi7, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£263K02/230.59 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£285K11/200.59 mi53, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£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
£151K01/210.64 mi128, Melfort Road, Thornton Heath, Greater London CR7 7RP2
£268K03/210.65 mi6, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£275K08/210.65 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£355K01/230.67 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£307.5K06/210.69 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£280K01/230.69 mi269a, Whitehorse Lane, London, Greater London SE25 6UP2
£325K11/210.72 mi199, Grange Road, London, Greater London SE25 6TG2
£290K06/230.73 mi84, Watson Place, London, Greater London SE25 5FA2
£260K03/230.74 mi94, Whitworth Road, London, Greater London SE25 6XL2
£255K06/210.78 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£300K03/210.78 miFirst Floor Flat, 211, Melfort Road, Thornton Heath, Greater London CR7 7RU2
£185K06/210.78 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£315K02/230.79 miFlat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN2
£275K12/200.82 mi34, Totton Road, Thornton Heath, Greater London CR7 7QR2
£308.6K09/210.83 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£262K03/210.83 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.83 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£195K12/220.85 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£289K02/210.85 mi181, Mersham Road, Thornton Heath, Greater London CR7 8NU2

Local Rents

50 rents from £375/mo to £3.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60004/240 miMarion Road, Thornton Heath, CR72
£1,60004/240.06 mi-2
£1,60012/240.07 miPawsons Road, CR0 2QE2
£1,95003/240.07 miBensham Manor Road, Thornton Heath, CR72
£2,10001/250.09 mi-2
£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
£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
£1,75002/240.21 mi-2
£1,65012/240.21 mi-2
£1,47512/240.22 mi-2
£1,60003/240.22 mi-2
£1,70012/240.22 mi-2
£1,60001/250.22 mi-2
£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
£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
£1,70008/240.27 mi-2
£1,50008/240.28 miHolmesdale Road, South Norwood, SE252
£1,75003/240.28 mi-2
£1,80012/240.28 mi-2
£1,75012/240.28 miSaracen Close, Croydon, CR02
£1,65003/240.3 mi-2
£1,65003/240.3 mi-2
£1,65003/240.3 miEcclesbourne Road, Thornton Heath, CR72
£1,50012/240.31 mi-2
£2,10012/240.32 mi-2
£1,55008/240.32 miDagnall Park, South Norwood2
£1,40008/240.32 miFarnley Road, LONDON2
£1,55001/250.33 mi-2
£2,30002/250.33 mi-2
£1,69902/250.34 mi-2

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)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £260,000

February 4, 2025

Floor Plans

Description

  • Two-bedroom +

  • Second floor +

  • Private balcony +

  • Prime location +

  • Great transport links +

SUMMARY
Fantastic Two-Bedroom Purpose-Built Apartment in a Prime Location

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.

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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