2 Bed Flat, Single Let, Croydon, CR0 2NS, £230,000
London Road, Croydon, CR0 2NS - 1 views - 2 months ago
Leasehold
BTL
ROI: 8%
~68 m²





+6 photos
ValuationUndervalued
Sold Prices | £195K - £346K |
Sold Prices/m² | £2.8K/m² - £6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.4K/m² |
Value Estimate | £276,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £57,500 |
Stamp Duty & Legal Fees | £8,100 |
Total Cash In | £65,600 |
| |
Cash Out | |
Rent Range | £1,400 - £2,350 |
Rent Estimate | £1,444 |
Running Costs/mo | £1,028 |
Cashflow/mo | £416 |
Cashflow/yr | £4,997 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
27 sold prices from £195K to £346K, average is £280K. £2.8K/m² to £6K/m², average is £4.7K/m².
Local Rents
51 rents from £1.4K/mo to £2.4K/mo, average is £1.7K/mo.
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) | +10% |
Sales demand | Balanced market |
Capital growth (5yrs) | +6% |
Property History
Listed for £230,000
February 14, 2025
Floor Plans

Description
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