5 Bed Semi-Detached House, Refurb/BRRR, South Croydon, CR2 0BB, £875,000

Heathhurst Road, Sanderstead, CR2 0BB - 2 views - 2 months ago

Under Offer
Refurb/BRRR
~178 m²
+16 photos

ValuationOvervalued

Sold Prices£467K - £1.3M
Sold Prices/m²£2.9K/m² - £10.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.9K/m²

Value Estimate

£793,277

 

 

End Value (After Refurb)

£917,327

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£218,750

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£94,343

Bridging Loan Interest

£22,969

Total Cash In

£398,512

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£917,327

Mortgage (After Refinance)

£687,995

Mortgage LTV

75%

Cash Released

£31,745

Cash Left In

£366,767

Equity

£229,332

Rent Range

£1,700 - £4,500

Rent Estimate

£3,002

Running Costs/mo

£3,487

Cashflow/mo

£-485

Cashflow/yr

£-5,821

Gross Yield

4%

Local Sold Prices

35 sold prices from £467K to £1.3M, average is £865K. £2.9K/m² to £10.5K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£775K11/210.07 mi7a, Beechwood Road, South Croydon, Greater London CR2 0AE5
£1.1M07/230.14 mi26, Brambledown Road, South Croydon, Greater London CR2 0BL5
£930K03/230.16 mi76, Beechwood Road, South Croydon, Greater London CR2 0AA5
£1.2M06/210.19 mi48, West Hill, South Croydon, Greater London CR2 0SA5
£825K05/210.32 mi7, Croham Mount, South Croydon, Greater London CR2 0BR5
£900K03/210.32 mi6, Croham Mount, South Croydon, Greater London CR2 0BR5
£808K03/210.35 mi38, Ellenbridge Way, South Croydon, Greater London CR2 0EU5
£500K04/210.39 mi28, Grange Road, South Croydon, Greater London CR2 0NA5
£690K07/230.46 mi242, Selsdon Road, South Croydon, Greater London CR2 7AA5
£795K02/210.47 mi70, Penwortham Road, South Croydon, Greater London CR2 0QS5
£652.5K12/220.49 mi240, Selsdon Road, South Croydon, Greater London CR2 7AA5
£1.1M04/210.49 mi3, Hook Hill, South Croydon, Greater London CR2 0LB5
£607.5K01/210.5 mi467, Brighton Road, South Croydon, Greater London CR2 6EW5
£725K06/210.51 mi21, Lismore Road, South Croydon, Greater London CR2 7QA5
£850K11/200.55 mi9, Hurst Way, South Croydon, Greater London CR2 7AP5
£890K10/210.59 mi1, Coningsby Road, South Croydon, Greater London CR2 6QQ5
£927K01/230.62 mi84, Purley Downs Road, South Croydon, Greater London CR2 0RB5
£1.1M06/230.63 mi6, Arkwright Road, South Croydon, Greater London CR2 0LD5
£1.3M01/230.67 mi3, Winchelsey Rise, South Croydon, Greater London CR2 7BP5
£978.3K06/230.68 mi24, Winchelsey Rise, South Croydon, Greater London CR2 7BN5
£865K02/210.68 mi7, Downsway, South Croydon, Greater London CR2 0JB5
£760K05/230.71 mi41, Briton Crescent, South Croydon, Greater London CR2 0JN5
£810K01/230.72 mi112, Norfolk Avenue, South Croydon, Greater London CR2 8BS5
£1.1M07/230.73 mi12, Manor Gardens, South Croydon, Greater London CR2 7BU5
£990K01/230.73 mi10, Manor Way, South Croydon, Greater London CR2 7BQ5
£970K03/210.74 mi14, Manor Way, South Croydon, Greater London CR2 7BR5
£677.5K11/200.74 mi74, Ridge Langley, South Croydon, Greater London CR2 0AR5
£608K12/200.75 mi96, Purley Park Road, Purley, Greater London CR8 2BT5
£467K02/210.76 mi4, Knighton Close, South Croydon, Greater London CR2 6DP5
£820K11/210.79 mi131, Norfolk Avenue, South Croydon, Greater London CR2 8BY5
£912K04/210.83 mi8, Dornton Road, South Croydon, Greater London CR2 7DP5
£876K04/210.89 mi32, Langley Oaks Avenue, South Croydon, Greater London CR2 8DH5
£929K06/210.94 mi4, Harman Place, Purley, Greater London CR8 1AX5
£885K02/210.94 mi106, Pampisford Road, Purley, Greater London CR8 2NF5
£740K06/210.99 mi9, Norfolk Avenue, South Croydon, Greater London CR2 8BT5

Local Rents

23 rents from £1.7K/mo to £4.5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£3,50002/250.12 mi-5
£1,85012/240.18 miKendall Avenue3
£3,15012/240.22 miSouth Croydon, CR25
£2,80002/250.23 mi-3
£2,95012/240.27 miTrinity Close, CR34
£2,15012/240.33 miElmfield Way, South Croydon3
£1,85002/250.36 mi-3
£4,30012/240.37 mi6 Elmfield Way CR2 0ED5
£2,50012/240.38 miSanderstead, South Croydon4
£2,30004/250.4 mi-3
£4,40012/240.44 miSouth Croydon, CR25
£3,90003/250.47 mi-5
£3,35002/240.56 mi-5
£2,20012/240.58 mi-3
£2,20012/240.58 miChelsham Road, South Croydon, CR23
£4,00002/250.58 mi-5
£1,70012/240.58 miAvondale Road, SOUTH CROYDON3
£4,50012/240.59 miArkwright Road, Croydon, South Croydon, CR26
£2,25012/240.59 miArkwright Road South Croydon CR23
£4,50012/240.59 miCR2 0LL6
£2,30012/240.6 miBiddulph Road, South Croydon4
£3,00012/240.61 mi4 bedroom Detached House in Sanderstead4
£2,70412/240.62 miTen Degrees, Croydon, CR03

Local Area Statistics

Population in CR2

48,427

Town centre distance

0.75 miles away

Nearest school

0.30 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Price changed to £875,000

March 4, 2025

Listed for £900,000

February 10, 2025

Floor Plans

Description

  • Prime Location: Sought-after Heathhurst Road, just a 5-minute walk to Sanderstead station (direct trains to London). +
  • Excellent Transport Links: Purley Oaks station (London Bridge services) within a 10-minute walk, plus regular bus routes to Croydon. +
  • Family-Friendly Area: Close to excellent primary and secondary schools, and local amenities just minutes away. +
  • Characterful Edwardian Home: A fabulous Edwardian property exuding period charm and character. +
  • Spacious Living: Two large reception rooms with original features, perfect for entertaining and family life. +
  • Generous Accommodation: Five double bedrooms spread over two floors, including a master suite with dressing room, plus two further en-suite bedrooms. +
  • Modern Conveniences: Good-sized kitchen/breakfast room, off-street parking for two cars. +
  • Outdoor Oasis: Delightful rear garden with a swimming pool, ideal for relaxation and recreation. +

GUIDE £900,000 to £925,000

This desirable Edwardian home on sought-after Heathhurst Road offers substantial living space (2420 sq ft) and period charm, just a five-minute stroll from Sanderstead station, providing quick and frequent train access to London. Purley Oaks station, with services to London Bridge, is also within a ten-minute walk. Regular bus routes connect to Croydon town centre, while a variety of excellent primary and secondary schools and local shops are just minutes away on foot, creating an ideal family environment.

Inside, you'll find two large reception rooms showcasing original features, a good-sized kitchen/breakfast room, and five double bedrooms spread over two floors. The master bedroom boasts a walking dressing room, while bedrooms four and five on the top floor also benefit from en-suite facilities which include shower areas in need of updating.

Outside, off-street parking for two cars adds convenience, and the delightful rear garden features a swimming pool, perfect for relaxation and entertaining.

Agent Details

Paul O'Shea Homes, Surrey

020 3728 8318

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪