2 Bed Flat, Single Let, Croydon, CR0 1EQ, £250,000

Aberdeen Road, Croydon, CR0 1EQ - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£310,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,800

Rent Estimate

£1,463

Running Costs/mo

£1,094

Cashflow/mo

£369

Cashflow/yr

£4,430

ROI

6%

Gross Yield

7%

Local Sold Prices

48 sold prices from £223K to £437.5K, average is £312.5K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£306K12/200.12 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£295K09/210.16 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.16 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£270K05/230.17 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£345K05/230.2 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£294K04/230.26 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£286K12/220.33 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.33 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.33 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.36 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£243K02/230.38 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£250K08/210.4 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£330K01/230.42 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£368K05/230.45 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£270K02/230.49 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£305K01/230.5 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£280K02/210.51 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£223K07/230.54 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£325K08/210.55 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£305K01/210.61 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£310K05/230.62 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.62 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.62 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.62 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£292.5K02/230.65 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£437.5K12/200.67 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£375K03/210.68 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£321K06/210.7 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.7 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.7 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£255K07/230.71 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£326K09/210.71 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£297K11/200.72 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.72 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£250K05/230.73 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£327K12/200.78 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£320K12/200.78 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£340K02/210.8 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.81 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.81 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.81 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£375K02/230.83 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£343K09/210.85 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.85 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£299.5K10/210.86 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£423K11/200.87 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£329.2K06/210.92 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£334K07/230.97 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2

Local Rents

52 rents from £1.4K/mo to £2.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,45002/240.06 mi-2
£1,45002/240.06 mi-2
£1,70002/240.08 mi-2
£1,70003/240.09 mi-2
£1,75012/240.09 miHeathfield Rd, Croydon, CR02
£1,95003/250.09 mi-2
£1,80012/240.11 mi-2
£1,60012/240.12 miBrighton Road, SOUTH CROYDON2
£1,65012/240.14 miParker Road, Croydon2
£1,51512/240.15 miSt. Peters Road, South Croydon, Surrey, CR02
£2,00012/240.16 miTemple road, CR02
£1,99912/240.18 miKeens Road, Croydon, CR02
£1,99902/240.18 mi-2
£1,99902/240.18 mi-2
£1,65012/240.18 miWarham Road, South Croydon, CR22
£2,00012/240.18 miKeens Road, Croydon, CR02
£1,85012/240.18 miKeens Road, Croydon, CR02
£1,50012/240.18 miTemple Road, Croydon2
£1,75003/250.18 mi-2
£1,60012/240.19 miFairhaven Court, Warham Road, South Croydon2
£1,60012/240.19 miTandon House, Park Lane, Croydon, Surrey, CR02
£2,80002/240.19 mi-2
£2,80002/250.19 mi-2
£1,35003/250.2 mi-2
£2,50002/250.21 mi-2
£1,60012/240.22 miCoombe Road, South Croydon2
£1,60012/240.22 miCoombe Road, South Croydon2
£1,65012/240.23 miPark Lane, Croydon, Surrey, CR02
£1,60012/240.23 mi-2
£1,95003/250.24 mi-2
£2,15002/240.25 mi-2
£1,70002/250.26 mi-2
£1,59903/240.26 mi-2
£1,75003/250.26 mi-2
£1,80002/250.27 mi-2
£1,40012/240.27 miBramley Hill, South Croydon2
£1,65012/240.27 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.27 miSouth Park Hill Road, South Croydon, CR22
£1,67512/240.27 mi-2
£1,65012/240.27 miPark Lane, Croydon, CR02
£1,79512/240.27 miSouth Park Hill Road, South Croydon 2
£1,69512/240.27 miSouth Park Hill Road, South Croydon2
£1,79512/240.28 miSouth Park Hill Road, South Croydon, CR22
£2,20012/240.28 miPark Lane, Croydon2
£1,75012/240.28 miPark Lane, Croydon, CR02
£1,75012/240.28 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.28 miPark Lane, Croydon, CR02
£1,69512/240.28 miSouth Park Hill Road, South Croydon, CR22
£1,85012/240.28 miHigh Street, Croydon, CR02
£1,50002/240.28 mi-2
£2,60012/240.28 mi-2
£1,85001/250.28 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.23 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £250,000

February 14, 2025

Floor Plans

Description

Situated on Aberdeen Road, this well-presented 2-bedroom ground-floor flat offers a modern living space, ideal for those seeking comfort and convenience in a great location.

The flat features a spacious open-plan kitchen-diner, providing an ideal setting for both cooking and dining. The kitchen is well-equipped with modern appliances and ample storage, making it perfect for everyday use and entertaining.

There are two double bedrooms, both offering generous space for furniture and storage. The newly renovated bathroom is sleek and functional, with contemporary fixtures to meet every day needs.

Outside, the flat benefits from a private garden, offering a secluded outdoor space for relaxation, gardening, or entertaining guests. The property also includes off-street parking, adding an extra layer of convenience and security.

This flat is a great option for first-time buyers, young professionals, or those looking for a low-maintenance home with outdoor space and parking.

Agent Details

Mann, Croydon

020 3870 2869

Next Steps?

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