6 Bed Detached House, Refurb/BRRR, South Croydon, CR2 7HN, £1,200,000
43 Croham Park Avenue, South Croydon, CR2 7HN - 4 views - 2 months ago
Refurb/BRRR
~186 m²





+20 photos
ValuationOvervalued
Sold Prices | £540K - £2.3M |
Sold Prices/m² | £3.5K/m² - £6K/m² |
| |
Square Metres | ~186 m² |
Price/m² | £6.5K/m² |
Value Estimate | £799,077 |
| |
End Value (After Refurb) | £946,497 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £300,000 |
Stamp Duty & Legal Fees | £98,450 |
Refurb Costs | £98,427 |
Bridging Loan Interest | £31,500 |
Total Cash In | £530,127 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £946,497 |
Mortgage (After Refinance) | £709,872 |
Mortgage LTV | 75% |
Cash Left In | £530,127 |
Equity | £236,624 |
Rent Range | £1,800 - £8,333 |
Rent Estimate | £2,719 |
Running Costs/mo | £3,522 |
Cashflow/mo | £-803 |
Cashflow/yr | £-9,631 |
Gross Yield | 3% |
Local Sold Prices
20 sold prices from £540K to £2.3M, average is £1.1M. £3.5K/m² to £6K/m², average is £4.5K/m².
Local Rents
39 rents from £1.8K/mo to £8.3K/mo, average is £2.5K/mo.
Local Area Statistics
Population in CR2 | 48,427 |
Town centre distance | 1.27 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.10 miles away |
| |
Rental demand | Balanced market |
Rental growth (12m) | -35% |
Sales demand | Balanced market |
Capital growth (5yrs) | +11% |
Property History
Listed for £1,200,000
February 17, 2025
Floor Plans

Description
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