2 Bed Flat, Single Let, Croydon, CR0 6QB, £300,000

Canning Road, Croydon, CR0 6QB - a month ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£200K - £660K
Sold Prices/m²£2.5K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£322,631
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,295 - £2,999

Rent Estimate

£1,398

Running Costs/mo

£1,237

Cashflow/mo

£161

Cashflow/yr

£1,931

ROI

2%

Gross Yield

6%

Local Sold Prices

47 sold prices from £200K to £660K, average is £298K. £2.5K/m² to £12.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£248K04/210.04 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£329.2K06/210.17 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£282.5K06/230.19 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£299.5K10/210.2 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£300K04/230.21 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£660K06/210.22 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£334K07/230.23 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£260K06/210.26 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£320K12/200.27 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£275K11/210.27 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£335K10/210.3 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.3 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£326K09/210.36 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£375K02/230.36 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£375K03/210.38 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£340K02/210.41 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£292.5K02/230.41 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£343K09/210.43 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.43 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£367.5K09/210.43 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£257K08/210.44 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.44 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.44 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£352K06/210.45 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£255K07/230.46 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£327K12/200.47 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£337.5K12/200.52 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£262K03/210.66 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.66 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£294K03/230.77 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£260K02/210.86 mi58, Woodside Green, London, Greater London SE25 5EU2
£298K01/230.88 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£245K12/210.88 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£200K06/210.91 mi7, Coe Avenue, London, Greater London SE25 5HN2
£320K12/220.91 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£310K05/230.92 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.92 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.92 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.92 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£243K02/230.93 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£270K02/230.93 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£306K12/200.94 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£295K11/210.99 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£330K01/230.99 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£270K08/230.99 mi60, Manning Gardens, Croydon, Greater London CR0 7DU2
£265K11/200.99 mi39, Manning Gardens, Croydon, Greater London CR0 7DU2
£280K02/210.99 mi66, Manning Gardens, Croydon, Greater London CR0 7DU2

Local Rents

50 rents from £1.3K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.01 miPrincess Court, Canning Road, Croydon, CR02
£1,60003/250.11 mi-2
£1,85001/250.11 mi-2
£1,40012/240.11 mi135 Addiscombe Road, Croydon, CR0 6SJ2
£2,10003/250.12 mi-2
£1,50012/240.13 miAddiscombe Road, Croydon, CR02
£1,50002/250.13 mi-2
£1,82512/240.13 miAddiscombe Road, Croydon, CR0 6SA2
£1,85002/250.14 mi-2
£1,90003/250.15 mi-2
£1,50003/250.15 mi-2
£1,75012/240.15 miAddiscombe Road, CROYDON2
£1,60012/240.15 miElgin Road, Croydon, CR02
£1,60012/240.16 miAddiscombe Road, Croydon, CR02
£1,49502/240.16 mi-2
£2,96902/240.17 mi-2
£2,99904/250.17 mi-2
£1,40002/250.17 mi-2
£1,29502/250.17 mi-2
£1,70002/240.17 mi-2
£1,75003/240.19 mi-2
£1,65002/250.19 mi-2
£1,55012/240.19 miCecil Court, Addiscombe Road, Croydon, CR02
£1,72512/240.19 miLeyburn Gardens, Croydon, CR02
£1,72503/240.19 mi-2
£1,65002/240.19 mi-2
£1,60012/240.2 miBishops Court, Croydon Croydon CR02
£1,60012/240.2 miInnova Court, Leslie Park Road, Croydon, Surrey, CR02
£1,75002/240.21 mi-2
£1,55012/240.21 miLower Addiscombe Road, Addiscombe, CR02
£1,32512/240.22 miHavelock Road, Croydon, CR02
£1,60012/240.22 miLynden Hyrst, Addiscombe Road2
£1,67512/240.22 miWarren Road, Croydon, CR02
£1,39512/240.22 miLynden Hyrst, East Croydon2
£1,75012/240.23 miHastings Road, Croydon, CR02
£1,52112/240.23 miOval House, Croydon, London2
£1,70012/240.23 miHastings Road, Croydon, CR02
£1,85012/240.23 miPark Hill Rise, Croydon, CR02
£1,85012/240.23 miPark Hill Rise, Croydon, CR02
£1,90002/240.23 mi-2
£1,70012/240.23 miMayfair Court, 15 Park Hill Rise, Croydon, CR02
£1,90003/240.23 mi-2
£1,80003/250.23 mi-2
£1,70012/240.24 miPark Hill Rise, Croydon, CR02
£1,75003/250.24 mi-2
£1,80003/250.25 mi-2
£1,80002/250.25 mi-2
£1,72503/250.25 mi-2
£1,70002/250.25 mi-2
£1,80001/250.25 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.72 miles away

Nearest school

0.30 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £300,000

March 4, 2025

Floor Plans

Description

  • First floor +
  • Refurbished +
  • Balcony +
  • Two bedroom +
  • Garage en-bloc +
  • Good transport links nearby +
  • SHARE OF FREEHOLD +

SUMMARY
Newly refurbished first floor flat with private balcony and separate garage which has the benefit of being share of freehold.

DESCRIPTION
This newly refurbished two-bedroom flat is located on the first floor of a purpose-built building, offering a modern and stylish living space. The flat features a contemporary bathroom and a spacious, bright living and dining room that provides an ideal space for relaxation and entertaining. Additionally, there is a balcony, perfect for enjoying outdoor space and a garage en block.

The property is situated in a convenient and well-connected location on Canning Road a vibrant area that offers easy access to local amenities, transport links, and green spaces, making it an excellent choice for those seeking comfort and convenience in their new home.

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, Croydon

020 3835 3578

Next Steps?

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