ValuationUndervalued

Sold Prices	£260K - £730K
Sold Prices/m²	£3.3K/m² - £6.2K/m²

Square Metres	~111.90 m²
Price/m²	£3.1K/m²
Value Estimate	£423,500£423,500
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£113,700£113,700

Cash Out
Rent Range	£1,750 - £2,800£1,750 - £2,800
Rent Estimate	£1,800
Running Costs/mo	£1,474£1,474
Cashflow/mo	£326£326
Cashflow/yr	£3,915£3,915
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

24 sold prices from £260K to £730K, average is £423.8K. £3.3K/m² to £6.2K/m², average is £4.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£730K	12/21	0.79 mi	212, Foresters Drive, Wallington, Greater London SM6 9LE	-	-	3	Flat
£485K	03/25	0.94 mi	Flat 6, 32, Hartley Down, Purley CR8 4EA	£3,911	124	3	Flat
£465K	08/21	1.04 mi	32, Blenheim Park Road, South Croydon, Greater London CR2 6BD	£4,346	107	3	Flat
£475K	03/25	1.06 mi	Flat 4, 6a Poppy Court, The Drive, Coulsdon CR5 2BL	£5,108	93	3	Flat
£475K	03/25	1.06 mi	Flat 4, 6a Poppy Court, The Drive, Coulsdon CR5 2BL	-	-	3	Flat
£305K	01/25	1.15 mi	332b, Brighton Road, South Croydon CR2 6AJ	£3,765	81	3	Flat
£660K	06/21	1.19 mi	5, Field End, Coulsdon, Greater London CR5 2AY	£6,168	107	3	Flat
£325K	12/24	1.25 mi	10, Mcintosh Close, Wallington SM6 9JP	£3,652	89	3	Flat
£425K	02/25	1.28 mi	Flat 1, 58 James Court, Brighton Road, Coulsdon CR5 2FJ	£4,427	96	3	Flat
£425K	02/25	1.28 mi	Flat 1, 58 James Court, Brighton Road, Coulsdon CR5 2FJ	-	-	3	Flat
£505K	11/22	1.33 mi	63a, Woodcote Grove Road, Coulsdon, Greater London CR5 2AH	£4,430	114	3	Flat
£469.5K	05/23	1.35 mi	Lower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE	-	-	3	Flat
£320K	12/24	1.57 mi	133 Maybury Court, 5, Haling Park Road, South Croydon CR2 6NN	£5,714	56	3	Flat
£305K	05/25	1.7 mi	Flat 4, 27, Nottingham Road, South Croydon CR2 6AR	-	-	3	Flat
£305K	05/25	1.7 mi	Flat 4, 27, Nottingham Road, South Croydon CR2 6AR	£3,910	78	3	Flat
£348K	03/25	1.76 mi	55, Drovers Road, South Croydon CR2 6PR	£3,742	93	3	Flat
£276K	10/21	1.77 mi	14, Old School Place, Croydon, Greater London CR0 4GA	£4,059	68	3	Flat
£320K	06/23	1.81 mi	38c, Warham Road, South Croydon, Greater London CR2 6LA	£3,299	97	3	Flat
£330K	09/24	1.84 mi	163, Grove Lane, Coulsdon CR5 2QF	£5,156	64	3	Flat
£405K	02/23	1.86 mi	Flat 22, Raleigh Court, Stanley Park Road, Wallington, Greater London SM6 0HH	-	-	3	Flat
£460K	05/25	1.87 mi	65, Ridge Langley, South Croydon CR2 0AP	£5,111	90	3	Flat
£460K	05/25	1.87 mi	65, Ridge Langley, South Croydon CR2 0AP	-	-	3	Flat
£422.5K	06/23	1.92 mi	73, Ridge Langley, South Croydon, Greater London CR2 0AP	-	-	3	Flat
£260K	03/23	1.95 mi	4a, Aberdeen Road, Croydon, Greater London CR0 1EQ	£3,514	74	3	Flat

Local Rents

50 rents from £1.8K/mo to £2.8K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,900	09/25	0.03 mi	Russell Hill Road, Purley, CR8	3	Flat
£1,750	08/25	0.06 mi	Brighton Road Purley CR8	3	Flat
£2,050	07/25	0.11 mi	-	3	Flat
£2,100	06/25	0.11 mi	Calum Court, Central Purley, Purley, CR8	3	Flat
£2,400	10/25	0.16 mi	Wentworth House, Purley, CR8	3	Flat
£2,400	10/25	0.16 mi	Wentworth House, Purley, CR8	3	Flat
£1,995	10/25	0.17 mi	-	3	Terraced House
£1,950	06/25	0.17 mi	Whytecliffe Road South, Purley, CR8	3	Terraced House
£1,800	07/25	0.17 mi	Whytecliffe Road South, Purley, CR8	3	Terraced House
£1,950	02/24	0.17 mi	-	3	Flat
£2,200	02/25	0.23 mi	-	3	Semi-Detached House
£2,100	02/24	0.24 mi	-	3	Flat
£2,550	10/25	0.25 mi	Box Ridge Avenue, West Purley	3	Bungalow
£2,500	05/25	0.25 mi	Three bedroom apartment to rent in Purley	3	Flat
£2,500	06/25	0.25 mi	Three bedroom apartment to rent in Purley	3	Flat
£2,500	06/25	0.27 mi	Purley Rise, Purley, CR8	3	Flat
£2,500	06/25	0.27 mi	-	3	Flat
£2,000	09/25	0.29 mi	Glenn Avenue, Purley, CR8	3	Terraced House
£1,950	08/25	0.29 mi	Glenn Avenue, Purley	3	Terraced House
£2,200	07/25	0.3 mi	Brighton Road Purley CR8	3	Terraced House
£1,950	11/25	0.3 mi	Russell Hill, CR8	3	Flat
£1,800	12/24	0.31 mi	Lansdowne Road, Purley, CR8	3	Flat
£2,350	10/25	0.31 mi	Purley, CR8	3	Flat
£2,400	10/25	0.31 mi	Russell Hill, Purley, CR8	3	Flat
£2,350	11/25	0.31 mi	Russell Hill, Purley, CR8	3	Flat
£2,350	10/25	0.31 mi	Russell Hill, Purley, CR8	3	Flat
£2,300	10/25	0.31 mi	Seaton Court, Purley, CR8	3	Flat
£2,650	08/25	0.32 mi	Russell Hill, PURLEY	3	House
£2,650	09/25	0.32 mi	Russell Hill, PURLEY	3	House
£2,650	09/25	0.32 mi	Russell Hill, PURLEY	3	House
£2,650	09/25	0.32 mi	Russell Hill, PURLEY	3	House
£1,825	09/24	0.33 mi	-	3	Flat
£2,400	03/24	0.35 mi	-	3	Flat
£1,950	12/24	0.35 mi	-	3	Terraced House
£2,500	06/25	0.38 mi	-	3	Terraced House
£2,500	05/25	0.38 mi	Lansdowne Road, Croydon, CR8 2	3	Terraced House
£2,100	03/25	0.38 mi	-	3	Flat
£2,350	06/25	0.38 mi	Selcroft Road, Purley	3	Flat
£2,100	11/25	0.38 mi	Grasmere Road, Purley	3	Detached House
£2,000	11/25	0.38 mi	Lansdowne Road, Purley, CR8	3	Terraced House
£2,000	11/25	0.38 mi	-	3	Terraced House
£2,000	04/25	0.41 mi	-	3	Semi-Detached House
£2,400	03/25	0.46 mi	-	3	Terraced House
£1,899	10/25	0.46 mi	Sydney Avenue, Purley, CR8	3	Terraced House
£1,899	11/25	0.46 mi	-	3	Terraced House
£2,200	10/25	0.49 mi	-	3	Terraced House
£2,350	07/25	0.49 mi	The Lawns, Purley, CR8	3	Terraced House
£2,200	09/25	0.49 mi	The Lawns, Purley, CR8	3	Terraced House
£2,800	09/25	0.5 mi	-	3	Flat
£2,450	10/25	0.5 mi	Allium House, Purley, CR8	3	Flat

Local Area Statistics

Population in CR8	32,30132,301
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.20 miles away0.20 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £350,000

February 20, 2025

Floor Plans

Description

* NO ONWARD CHAIN **

Guide Price £350,000 to £375,000.
This spacious first-floor apartment, measuring 1,205 sq. ft, is located within the popular Tudor Court development in the heart of Purley town centre. It comprises three bedrooms, one with fitted wardrobes and access to a private balcony. Additional features include a bright lounge, separate kitchen/dining room, modern family bathroom with shower cubicle, wood flooring, and light, airy decor throughout. The property benefits from an extended 160-year lease.

located within the heart of Purley for its array of local shops and restaurants which are on your doorstep, Including Tesco Extra. Purley train station is within 0.2 miles with routes London Bridge, London Victoria, Gatwick Airport and only 3 minutes to East Croydon by train.