2 Bed Flat, Single Let, Croydon, CR0 2NS £220,000

London Road, Croydon, CR0 2NS - 9 months ago
Sold STC
Leasehold
BTL
ROI: 8%
~57 m²
Property image

ValuationUndervalued

Sold Prices£135K - £375K
Sold Prices/m²£2.4K/m² - £6K/m²

 

 

Square Metres

~57 m²
Price/m²£3.9K/m²

Value Estimate

£248,480
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£1,400 - £2,350

Rent Estimate

£1,431

Running Costs/mo

£994

Cashflow/mo

£437

Cashflow/yr

£5,248

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £135K to £375K, average is £275K. £2.4K/m² to £6K/m², average is £4.4K/m².

Price
Date
Distance
Address
Beds
 
£286K05/230.09 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£255K03/230.18 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£240K07/250.23 mi2, 25, Cameron Road, Croydon CR0 2SR2
£258K02/250.26 mi189 Gary Court, Flat 39, London Road, Croydon CR0 2DR2
£272.5K01/250.27 mi85, St Saviour's Road, Croydon CR0 2XF2
£290K07/230.31 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.31 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£245K03/230.37 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£305K04/230.41 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£295K11/210.42 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£260K01/250.42 mi3 Spottiswood Court, Flat 45, Harry Close, Croydon CR0 2NL2
£195K12/220.42 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£190K02/250.52 mi52a, Oakfield Road, Croydon CR0 2UB2
£280K01/250.56 mi6 Fitzroy Court, 36, Whitehorse Road, Croydon CR0 2AX2
£280K06/210.62 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£275K04/250.66 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£275K04/250.66 miFlat 20, Gala Court, London Road, Thornton Heath CR7 6EQ2
£275K02/250.66 miLloyd House, 28, Tavistock Road, Croydon CR0 2AN2
£220K03/230.67 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£280K05/250.68 miFlat 25, 6 Keats Apartments, Saffron Central Square, Croydon CR0 2FT2
£265K08/210.68 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£294K03/230.7 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£331.3K03/250.73 miFlat 35, 2, Tavistock Road, Croydon CR0 2AS2
£375K05/250.73 miFlat 26, 2, Tavistock Road, Croydon CR0 2AS2
£280K11/240.73 mi198-200, Flat E, Brigstock Road, Thornton Heath CR7 7JD2
£270K02/230.74 mi46, Kelvin Gardens, Croydon, Greater London CR0 4UR2
£310K12/240.81 mi6a, Flat 2, Quadrant Road, Thornton Heath CR7 7DA2
£235K02/250.83 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£235K02/250.83 miFlat 2, 12, Elliott Road, Thornton Heath CR7 7QA2
£270K01/230.83 mi181, Franklin Way, Croydon, Greater London CR0 4UX2
£256K06/210.83 mi139, Franklin Way, Croydon, Greater London CR0 4UX2
£250K03/250.84 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£250K03/250.84 mi26, Jubilee Court, London Road, Thornton Heath CR7 6JL2
£340K09/220.86 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£267.5K03/250.87 mi322, Whitestone Way, Croydon, Greater London CR0 4FJ2
£330K05/250.88 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£330K05/250.88 miFlat 1, 36, Edith Road, South Norwood, London SE25 5PQ2
£320K12/220.88 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£295K12/220.89 mi63b, Saxon Road, London, Greater London SE25 5EH2
£295K08/210.89 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£290K10/210.92 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£250K05/230.93 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£307.5K02/250.94 mi3 Palladian Court, Flat 42, Cabot Close, Croydon CR0 4FP2
£251.8K05/250.94 miFlat 21, 45 Tudor Court, Connersville Way, Croydon CR0 4FR2
£350K07/250.95 miFlat 60, 1 Vita Apartments, Caithness Walk, Croydon CR0 2WB2
£298K01/230.95 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£184K04/250.98 mi35, Carew Road, Thornton Heath CR7 7RF2
£184K04/250.98 mi35, Carew Road, Thornton Heath CR7 7RF2
£135K05/250.98 mi36b, Waddon Road, Croydon CR0 4LF2
£332.4K08/250.98 miFlat 27, 43 Rainier Apartments, Cherry Orchard Road, Croydon CR0 6FA2

Local Rents

50 rents from £1.4K/mo to £2.4K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,57507/250 miLondon Road , West Croydon2
£1,57509/250 miLondon Road , West Croydon2
£1,57509/250 miLondon Road, West Croydon2
£1,80011/250 miLondon Road, CROYDON2
£1,90011/250.01 mi-2
£1,50011/250.01 mi-2
£2,05011/250.01 miLondon Road, Croydon, CR02
£1,50006/250.01 miLondon Road, City House, CR02
£1,50008/250.03 miLondon Road, Croydon, CR02
£1,60011/250.04 miLondon Road, Croydon, CR02
£2,35002/250.04 mi-2
£1,67512/240.06 miLondon Road, Croydon, CR02
£1,80011/250.07 miLondon Road, Croydon, CR02
£1,50009/250.09 mi-2
£1,45009/250.09 mi-2
£1,50002/240.09 mi-2
£1,45005/250.09 miGreenside Road, Croydon, London, CR02
£1,55012/240.09 miLondon Road, Croydon, CR02
£2,00011/250.1 miBensham Lane Croydon CR02
£1,90009/250.1 mi-2
£1,62507/250.1 miMayday Road, Thornton Heath, CR72
£1,62503/250.11 mi-2
£1,60012/240.11 miBensham Lane, Croydon, CR02
£1,40007/250.11 miLondon Road, Croydon, CR0 3PF2
£1,80007/250.13 mi-2
£1,80007/250.13 miConstance Road, Croydon, CR02
£1,75010/250.14 miBensham Ln CR02
£1,60006/250.14 mi-2
£1,60007/250.14 mi-2
£1,80011/250.14 mi-2
£1,60007/250.14 mi-2
£1,60007/250.14 miFrancis Road, Croydon, CR02
£1,55009/250.15 miFrancis Road, Croydon, CR02
£1,40012/240.15 miFrancis Road, Croydon2
£1,50012/240.15 miFrancis Road, Croydon, CR02
£2,00011/250.15 miBensham Lane, Croydon, CR02
£1,77503/240.16 mi-2
£1,50008/250.16 miFairholme Road, 15, Croydon2
£1,79909/250.17 mi-2
£1,80011/250.17 miBensham Lane, CROYDON2
£1,49511/250.18 mi-2
£1,60003/240.18 miFiveacre Close, Thornton Heath2
£1,80011/250.18 miDennett Road, Croydon, CR02
£1,79909/250.18 miElmwood Road, Croydon, London, CR02
£1,80010/250.18 miCameron Road, Croydon, CR02
£1,90010/250.18 mi-2
£1,67511/250.19 miFiveacres Close, Thornton Heath, Surrey, CR72
£1,60011/250.19 miFiveacre Close, Thorton Heath2
£1,90009/250.19 mi-2
£2,00009/250.19 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.04 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Price changed to £220,000

May 16, 2025

Listed for £230,000

February 14, 2025

Floor Plans

Property image

Description

  • Two Bedroom +
  • Third Floor +
  • Good Decorative Throughout +
  • Secure Underground Parking Space +
  • Sought After Location +

SUMMARY
Barnard Marcus are proud to present this third floor two bedroom apartment located on the highly sought after London Road.

DESCRIPTION
The property briefly comprises of large entrance hall, kitchen / reception room, two double bedrooms and bathroom. This property further benefits from an allocated secure parking space in the buildings underground car park.
Close to excellent transport links such as West Croydon, shops, bars and cafes call now to avoid disappointment.

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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