3 Bed House, Single Let, CR7 8NE £475,000

Heath Road, Thornton Heath, CR7 8NE - 4 views - 9 months ago
BTL
~93 m²
Property image

ValuationOvervalued

Sold Prices£350K - £540K
Sold Prices/m²£3.3K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£459,833

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,800 - £10,400

Rent Estimate

£1,831

Running Costs/mo

£1,871

Cashflow/mo

£-40

Cashflow/yr

£-475

Gross Yield

5%

Local Sold Prices

50 sold prices from £350K to £540K, average is £433.8K. £3.3K/m² to £6K/m², average is £4.6K/m².

Price
Date
Distance
Address
Beds
 
£390K03/250.02 mi5, Furze Road, Thornton Heath CR7 8NJ3
£500K03/250.03 mi36, Heath Road, Thornton Heath CR7 8NE3
£436K03/250.04 mi35, Norfolk Road, Thornton Heath CR7 8ND3
£436K03/250.04 mi35, Norfolk Road, Thornton Heath CR7 8ND3
£460K11/220.06 mi24, Norfolk Road, Thornton Heath, Greater London CR7 8ND3
£410K11/240.12 mi6, Luna Road, Thornton Heath CR7 8NY3
£410K11/240.12 mi6, Luna Road, Thornton Heath CR7 8NY3
£425K04/230.12 mi6, Milner Road, Thornton Heath, Greater London CR7 8JQ3
£531K03/230.13 mi19, Milner Road, Thornton Heath, Greater London CR7 8JQ3
£425K03/250.14 mi33, Natal Road, Thornton Heath CR7 8QH3
£395K04/250.14 mi34, Norbury Road, Thornton Heath CR7 8JN3
£395K04/250.14 mi34, Norbury Road, Thornton Heath CR7 8JN3
£370K08/220.18 mi2a, Beulah Crescent, Thornton Heath, Greater London CR7 8JL3
£415K06/210.18 mi30, Mersham Road, Thornton Heath, Greater London CR7 8NP3
£407.5K05/210.18 mi43, Kitchener Road, Thornton Heath, Greater London CR7 8QN3
£435K02/230.18 miIvydene, Norwich Road, Thornton Heath, Greater London CR7 8NA3
£450K01/230.19 mi73, Woodville Road, Thornton Heath, Greater London CR7 8LN3
£455K01/230.19 mi31, Hamilton Road, Thornton Heath, Greater London CR7 8NN3
£450K06/240.19 mi17, Sandfield Road, Thornton Heath, Greater London CR7 8AW3
£375K05/230.2 mi72, Livingstone Road, Thornton Heath, Greater London CR7 8JT3
£452K03/250.21 mi36, Hunter Road, Thornton Heath CR7 8QG3
£446K04/250.25 mi21a, Norbury Avenue, Thornton Heath CR7 8AH3
£446K04/250.25 mi21a, Norbury Avenue, Thornton Heath CR7 8AH3
£440K12/240.26 mi41, Moffat Road, Thornton Heath CR7 8PY3
£480K10/220.26 mi2, Sandfield Gardens, Thornton Heath, Greater London CR7 8AR3
£408K09/240.26 mi21, Camden Gardens, Thornton Heath CR7 8AZ3
£408K09/240.26 mi21, Camden Gardens, Thornton Heath CR7 8AZ3
£425K06/230.26 mi12, Sandfield Gardens, Thornton Heath, Greater London CR7 8AR3
£540K01/250.27 mi4, Camden Gardens, Thornton Heath CR7 8AY3
£427.5K03/240.27 mi206, Parchmore Road, Thornton Heath CR7 8HA3
£427.5K03/240.27 mi206, Parchmore Road, Thornton Heath CR7 8HA3
£370K01/250.28 mi70, Buller Road, Thornton Heath CR7 8QW3
£448.5K12/240.28 mi33, The Drive, Thornton Heath CR7 8LB3
£495K04/250.29 mi21a, Burlington Road, Thornton Heath CR7 8PG3
£425K06/230.29 mi87, Melfort Road, Thornton Heath, Greater London CR7 7RT3
£422.5K02/230.29 mi69, Hythe Road, Thornton Heath, Greater London CR7 8QR3
£465K05/250.3 mi13, Rosebery Avenue, Thornton Heath CR7 8PT3
£465K05/250.3 mi13, Rosebery Avenue, Thornton Heath CR7 8PT3
£412.5K07/240.3 mi98, Livingstone Road, Thornton Heath CR7 8JU3
£460K06/230.3 mi67, Grange Road, Upper Norwood, London, Greater London SE25 6TH3
£480K11/210.3 mi83, Grange Road, London, Greater London SE25 6TH3
£440K07/250.31 mi59, Grange Road, South Norwood, London SE25 6TH3
£470K11/220.31 mi68, Norbury Avenue, Thornton Heath, Greater London CR7 8AE3
£390K10/210.32 mi67, Norbury Avenue, Thornton Heath, Greater London CR7 8AL3
£482.5K05/230.33 mi124, Moffat Road, Thornton Heath, Greater London CR7 8PW3
£432.6K05/220.33 mi45, Penrith Road, Thornton Heath, Greater London CR7 8PN3
£350K06/210.33 mi21, Penrith Road, Thornton Heath, Greater London CR7 8PN3
£360K03/250.33 mi37, Penrith Road, Thornton Heath CR7 8PN3
£360K03/250.33 mi37, Penrith Road, Thornton Heath CR7 8PN3
£443K07/220.33 mi50, Hythe Road, Thornton Heath, Greater London CR7 8QP3

Local Rents

50 rents from £1.8K/mo to £10.4K/mo, average is £2.2K/mo.

Rent
Date
Distance
Address
Beds
 
£2,10010/250.04 miManchester Road, Thornton Heath, CR73
£2,10010/250.04 mi-3
£2,20009/250.06 miNorfolk Road, Thornton Heath3
£1,85004/240.09 miParchmore Road, THORNTON HEATH3
£1,85005/240.09 miParchmore Road, THORNTON HEATH3
£1,80003/240.12 miParchmore Road, Thornton Heath, CR73
£1,90010/250.12 miParchmore Road, Thornton Heath3
£2,00004/250.13 mi-3
£2,15003/240.14 mi-3
£2,25011/250.15 miHobart Gardens, Thornton Heath, Surrey, CR73
£2,20006/250.15 miNatal Road, Thornton Heath, CR73
£2,20007/250.15 miNatal Road, Thornton Heath, CR73
£2,25006/250.19 mi-3
£2,25006/250.19 miSandfield Road, Thornton Heath, CR73
£1,85003/240.19 mi-3
£2,10008/250.2 miLivingstone Road, THORNTON HEATH3
£2,00009/250.2 miLivingstone Road, THORNTON HEATH3
£2,20002/240.22 mi-3
£2,30007/250.22 mi-3
£2,30007/250.22 miHamilton Road, Thornton Heath, CR73
£1,85008/250.23 mi-3
£2,40010/250.23 mi-3
£2,40011/250.23 miGrange Park Road, Thornton Heath, CR73
£2,20010/250.24 mi-3
£2,20011/250.24 miCamden Gardens, Thornton Heath, CR73
£2,35008/250.24 miParchmore Road, Thornton heath3
£2,35008/250.24 miParchmore Road, Thornton heath3
£2,60003/250.26 mi-3
£2,50008/250.26 miParchmore Road, Thornton Heath, CR73
£1,90007/250.26 miCamden Gardens, Thornton Heath, CR73
£2,50005/250.3 mi-3
£2,20011/250.3 mi-3
£2,30008/250.31 miGrange Road, London, SE253
£2,00008/250.31 mi-3
£1,95009/250.31 miMelfort Road, THORNTON HEATH3
£10,40011/250.32 miHythe Road, London, CR7 83
£2,39511/250.32 mi-3
£2,00008/250.32 miStuart Road, Thorton Heath, CR73
£2,15012/240.32 mi-3
£2,20010/250.32 miLivingstone Rd CR73
£2,25012/240.33 mi-3
£1,95010/250.33 miHythe Road, Thornton Heath3
£2,25003/250.33 mi-3
£2,10003/240.35 miMersham Road, THORNTON HEATH3
£2,00004/240.35 miMersham Road, THORNTON HEATH3
£2,00005/240.35 miMersham Road, THORNTON HEATH3
£2,05011/250.35 mi-3
£2,30008/250.35 miBensham Grove, Thornton Heath, CR73
£1,90011/250.37 mi-3
£2,10004/240.38 miBensham Manor Road, CR73

Local Area Statistics

Population in cr7

44,620

Nearest school

0.10 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £475,000

February 11, 2025

Floor Plans

Property image

Description

  • Modern Fitted Kitchen +
  • Three Bedrooms +
  • Modern Bathroom Suite +
  • Double Glazing +
  • Close to public transport +
  • EPC: TBC +

Oaks Estate Agents welcome to the market this beautiful three-bedroom house on Heath Road.

This family home has been lovingly cared for and modernised by the current owners and benefits from 917 sq. ft. of living space. Heath Road briefly comprises; three bedrooms, spacious reception room, modern bathroom suite, open plan modern fitted kitchen and diner perfect for entertaining, and a peaceful, easy-to-maintain garden.

This property further benefits from double glazing throughout, and direct loft access which offers large storage space.

Heath Road is ideal for anybody requiring access into The City, London Victoria, London Bridge and beyond due its close proximity to transport links such as Thornton Heath station (zone 4).

In addition to the excellent transport links, a diverse range of amenities are also located within easy walking distance such as GP, pharmacy, nursery, cornershops and Post Office.

Heath Road is located close to Crystal Palace which offers a wide array of popular boutique shops, independent restaurants, and gastro pubs.

Grangewood Park provides local residents with an expansive, scenic and peaceful place to exercise, wander and relax.

We thoroughly recommend contacting us at the earliest opportunity to avoid disappointment.

Agent Details

Oaks Estate Agents, South Norwood

020 3907 9733

Next Steps?

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