2 Bed Flat, Single Let, South Croydon, CR2 7AE, £350,000

Normanton Road, South Croydon, CR2 7AE - 2 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£318,257

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£1,300 - £2,950

Rent Estimate

£1,500

Running Costs/mo

£1,414

Cashflow/mo

£86

Cashflow/yr

£1,035

ROI

1%

Gross Yield

5%

Local Sold Prices

46 sold prices from £223K to £437.5K, average is £312.5K. £3.4K/m² to £12.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£280K02/210.07 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£368K05/230.12 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£305K01/230.14 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£330K01/230.24 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£305K01/210.28 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£243K02/230.32 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£310K05/230.37 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.37 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.37 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.37 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£270K05/230.39 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£325K08/210.42 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£437.5K12/200.53 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£295K09/210.57 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.57 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£306K12/200.57 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£423K11/200.64 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£345K05/230.69 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£321K06/210.78 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.78 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.78 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£297K11/200.78 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.78 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£255K07/230.78 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£294K04/230.79 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£327K12/200.8 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£286K12/220.8 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.8 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.8 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£223K07/230.81 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£248K04/230.83 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£367.5K09/210.84 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£340K02/210.85 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£343K09/210.87 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.87 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£250K08/210.88 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£375K02/230.89 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£375K03/210.92 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£327.5K11/200.93 mi24, Reddington Close, South Croydon, Greater London CR2 0QZ2
£292.5K02/230.93 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£335K10/210.93 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.93 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£285K12/210.96 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£282.5K11/210.97 mi12, Wisley Court, South Croydon, Greater London CR2 0QY2
£320K12/200.98 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£326K09/210.98 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2

Local Rents

51 rents from £1.3K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.02 miNormanton Road, South Croydon, CR22
£1,65012/240.03 mi20 Normanton Road, South Croydon, CR2 7AR2
£1,70012/240.04 mi2 bedroom Ground Floor Flat in South Croydon2
£1,50012/240.07 miSycamore Close, CR22
£1,80004/250.09 mi-2
£1,85004/250.1 mi-2
£1,75012/240.11 mi-2
£1,47512/240.13 miDornton Road, CR22
£1,50002/240.14 mi-2
£1,50002/240.14 mi-2
£1,50003/240.14 mi-2
£1,50012/240.14 mi-2
£1,62012/240.14 miBirchend Close, South Croydon2
£1,69912/240.14 miCroham Road, Cranbrook Court, CR22
£1,60012/240.17 miHarewood Road, South Croydon, Surrey, CR22
£1,79012/240.17 mi-2
£2,95003/240.18 mi-2
£1,30012/240.19 miSouth Croydon, Surrey2
£1,65012/240.19 miSussex Road, South Croydon2
£1,50001/250.19 mi-2
£1,70002/250.21 mi-2
£1,65012/240.21 mi-2
£1,65012/240.21 miSt. Peters Street South Croydon CR22
£1,70003/240.22 mi-2
£1,70012/240.22 miSussex Road, South Croydon, CR22
£1,65002/250.22 mi-2
£1,60012/240.22 miMuggeridge Close , South Croydon2
£1,45012/240.22 miMuggeridge Close, South Croydon2
£1,60012/240.22 miMuggeridge Close, South Croydon2
£1,65002/250.23 mi-2
£1,50012/240.24 miLismore Road, South Croydon, Surrey, CR2 7QA2
£1,50002/240.24 mi-2
£1,50002/240.24 mi-2
£1,80004/250.25 mi-2
£1,90012/240.25 mi-2
£1,80002/250.25 mi-2
£1,65004/250.27 mi-2
£1,69512/240.27 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.28 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.28 miSouth Park Hill Road, South Croydon 2
£1,69512/240.28 miSouth Park Hill Road, South Croydon2
£1,75012/240.28 mi-2
£1,90011/240.28 mi-2
£1,80002/250.29 mi-2
£1,65012/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,75012/240.31 miHelder Street, South Croydon, CR22
£1,67002/240.31 mi-2
£1,77512/240.31 miHelder Street, South Croydon, CR22
£1,50012/240.32 miHaling Road2
£1,75012/240.33 miCroham Park Avenue, SOUTH CROYDON2

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.16 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £350,000

March 7, 2025

Floor Plans

Description

  • Please Quote JH0395 For All Enquiries +
  • Guide Price £350,000 - £375,000 +
  • Chain Free - Two Double Bedroom Top Floor Apartment (766 Sq.Ft) +
  • Prime South Croydon Location +
  • Stylish Interiors and Modern Elegance +
  • Bright and Spacious Open Plan Reception/Kitchen/Diner +
  • Private Balcony +
  • Shared Garden and Allocated Parking +
  • 119 Year Lease and No Chain +
  • Close to South Croydon Station and Amenities +

Please Quote JH0395 For All Enquiries -  Chain Free - Stunning two double bedroom top floor apartment (766 Sq.Ft) with private balcony overlooking attractive shared gardens, allocated off-street parking space, 119 year lease, and no onward chain, ideally situated close to transport links and amenities.  The property has been superbly appointed by the current owner, offering bright and spacious accommodation with stylish interiors and high quality finish throughout - the perfect balance of comfort and convenience in this fantastic South Croydon location.  Features include an impressive open plan reception/kitchen/diner, stylish bathroom and en-suite, ample inbuilt storage, gas central heating, double glazing, quality floor coverings and neutral decor.   Accommodation comprises entrance hall leading into the open plan reception/kitchen/diner with double doors opening onto a delightful balcony with glass balustrade surround.  Offering a wonderful space for relaxing, entertaining and dining, this gorgeous room exudes style and elegance.  The kitchen area comprises a quality range of matching wall and base units with work surfaces and breakfast bar area, incorporating inset sink unit, induction hob with overhead extractor, wall mounted electric oven, and further space for appliances.  There are two well sized double bedrooms, each with inbuilt wardrobes, and sleek en-suite shower room to the principal bedroom, plus a stylish bathroom with white three piece suite and tiled walls. The property is superbly located within easy access of Tramlink from Lloyd Park, as well as South Croydon station, providing convenient links into East Croydon mainline station, Central London and the surrounding area. Regular bus routes also service nearby Croydon town centre with its array of shops and amenities, as well as leisure facilities including a cinema complex.  South Croydon's 'Restaurant Quarter' is within a short walk for a diverse selection of bars and restaurants.   Viewings are highly recommended.   Lease Term: Circa 119 years remaining.   Service Charge: £2,843.92 per annum.   Ground Rent:  £350 per annum.   All prospective purchasers are advised to make their own enquiries via a solicitor.

Agent Details

James Hughes Property, Powered by eXp UK, London

020 3319 6625

Next Steps?

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