2 Bed Flat, Single Let, CR7 7JA £245,000

Brigstock Road, Croydon, CR7 7JA 7 - 9 months ago
Leasehold
BTL
ROI: 5%
~68 m²
Property image

ValuationUndervalued

Sold Prices£184K - £345K
Sold Prices/m²£2.6K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.6K/m²

Value Estimate

£303,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£15,850

Total Cash In

£77,100

 

 

Cash Out

 

Rent Range

£1,350 - £1,850

Rent Estimate

£1,400

Running Costs/mo

£1,066

Cashflow/mo

£334

Cashflow/yr

£4,013

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £184K to £345K, average is £295K. £2.6K/m² to £6.1K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£295K08/210.09 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£290K10/210.09 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£235K02/250.16 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.16 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£310K12/240.18 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£270K10/210.18 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£340K09/220.2 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£300K08/240.21 mi28a, Beulah Road, Thornton Heath CR7 8JE2
£184K04/250.21 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.21 mi35, Carew Road, Thornton Heath CR7 7RF2
£345K11/210.22 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£240K07/230.23 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£280K11/240.25 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£330K07/250.25 mi9, Norfolk Road, Thornton Heath CR7 8ND2
£263K02/230.28 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£307K08/210.28 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£275K06/210.28 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.28 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£320K02/230.3 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£280K06/210.31 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£260K07/250.31 mi12, Wychwood Avenue, Thornton Heath CR7 8AQ2
£275K08/210.33 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£325K10/220.35 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£225K11/240.38 mi133a, Parchmore Road, Thornton Heath CR7 8LZ2
£235K02/230.39 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£312K10/240.44 mi176, Ground Floor Flat At, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£185K06/210.44 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£305K03/250.47 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£305K03/250.47 miFlat 1, 2c Grove Lodge, Bensham Grove, Thornton Heath CR7 8EA2
£265K12/240.48 mi41b, Windsor Road, Thornton Heath CR7 8HG2
£255K06/210.48 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£285K05/250.49 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£285K05/250.49 mi11, 180 Queensbury Court, Parchmore Road, Thornton Heath CR7 8SL2
£295K12/220.51 mi63b, Saxon Road, London, Greater London SE25 5EH2
£310K08/250.53 mi68a, Holmesdale Road, South Norwood, London SE25 6JF2
£320K06/250.54 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£320K06/250.54 mi221, Parchmore Road, Thornton Heath CR7 8HH2
£328.8K02/230.55 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£307.5K06/210.56 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£265K08/210.56 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£308.6K09/210.57 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£320K09/240.57 mi98, Windsor Road, Thornton Heath CR7 8HF2
£260K01/250.58 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£340K12/240.58 mi108, Flat B, Holmesdale Road, South Norwood, London SE25 6JF2
£240K05/230.58 mi5, Parchmore Way, Thornton Heath, Greater London CR7 8HL2
£330K05/250.58 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£330K05/250.58 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£325K11/210.6 mi199, Grange Road, London, Greater London SE25 6TG2
£298K08/240.6 mi45a, Hythe Road, Thornton Heath CR7 8QQ2
£260K09/210.63 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2

Local Rents

50 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,55008/250.04 mi-2
£1,85010/230.06 miBensham Manor Road, Thornton heath2
£1,55010/250.07 miBrigstock Road, Thornton Heath2
£1,50010/250.07 miBrigstock Road, Thornton Heath2
£1,80003/250.07 mi-2
£1,35006/250.08 miMelfort Road, THORNTON HEATH2
£1,55005/250.12 mi-2
£1,50011/250.12 miQuadrant Road, Thornton Heath, CR72
£1,80004/240.12 mi-2
£1,80012/240.12 mi-2
£1,60003/240.13 mi-2
£1,55004/240.13 miBoswell Road, Thornton Heath, Surrey, CR72
£1,47512/240.13 mi-2
£1,45007/250.13 miFFF 4 Cotford Road, Thornton Heath, Surrey, CR72
£1,75002/240.13 mi-2
£1,40003/240.13 miBoswell Road, CR72
£1,50012/240.14 mi-2
£1,60010/250.14 mi-2
£1,85008/250.15 mi-2
£1,80008/250.15 miElliott Road, Thornton Heath, CR72
£1,85008/250.15 miElliott Road, Thornton Heath, CR72
£1,65002/240.16 mi-2
£1,60010/250.17 miParchmore Road, Thornton Heath, CR72
£1,60010/250.17 mi-2
£1,60006/250.17 miMelfort Road, Thornton Heath, CR72
£1,45002/240.17 mi-2
£1,40007/250.17 mi-2
£1,47506/250.17 miBeulah Road, Thornton Heath, CR72
£1,40007/250.17 miBeulah Road, Thornton Heath, CR72
£1,50010/250.18 miQuadrant Road, Thornton Heath, Surrey, CR72
£1,50011/250.18 miQuadrant Road, Thornton Heath, Surrey, CR72
£1,65004/240.18 miQuadrant Road, Thornton Heath2
£1,70002/250.19 mi-2
£1,75002/250.19 mi-2
£1,80002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,75002/250.19 mi-2
£1,70003/250.19 mi-2
£1,70003/250.19 mi-2
£1,70003/250.19 mi-2
£1,70003/250.19 mi-2
£1,65002/240.2 mi-2
£1,65003/240.2 mi-2
£1,50005/250.21 mi-2

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £245,000

February 5, 2025

Floor Plans

Property image

Description

  • 2 Double Bedrooms +
  • 1st Floor Flat +
  • Split level +
  • Rear Access +
  • Above Commercial +
  • walking distance of Train Station +
  • Walking Distance of High Street Amenities +

Located on Brigstock Road, this 2-Double bedroom flat presents an excellent opportunity for those seeking convenient urban living in Croydon. The property includes central heating and double glazing, ensuring comfort throughout the year. With a well-planned layout, it provides a practical space for both living and entertaining.

Croydon is known for its excellent transport links and vibrant community atmosphere. The property is within easy reach of local amenities and public transport options, making daily commutes straightforward. There are also several parks and leisure facilities nearby for those who enjoy outdoor activities.

The nearby schools, including Harris Academy South Norwood and Elmwood Junior School, add to the appeal for families considering the area. This flat is a solid choice whether you're looking to invest or make it your home. Act now to secure this property in a sought-after location.

Agent Details

Cornerstone Estate Agents, Croydon

020 4572 0461

Next Steps?

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