2 Bed Flat, Single Let, Croydon, CR0 9WX, £310,000

Masons Avenue, East Croydon, CR0 9WX - 2 views - a month ago

Leasehold
BTL
ROI: 3%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£215K - £660K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£324,338
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£19,700

Total Cash In

£97,200

 

 

Cash Out

 

Rent Range

£1,350 - £3,549

Rent Estimate

£1,556

Running Costs/mo

£1,300

Cashflow/mo

£256

Cashflow/yr

£3,073

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £660K, average is £308K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£294K04/230.11 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£306K12/200.19 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£270K02/230.25 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£345K05/230.31 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£295K09/210.37 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.37 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£286K12/220.39 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.39 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.39 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£250K08/210.41 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£248K04/230.41 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£270K05/230.42 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£292.5K02/230.49 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£243K02/230.51 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£375K03/210.53 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£250K05/230.54 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£326K09/210.54 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£330K01/230.58 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£320K12/200.65 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£368K05/230.65 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£255K07/230.65 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£223K07/230.7 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£299.5K10/210.7 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£335K10/210.71 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.71 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£280K02/210.71 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£310K05/230.74 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.74 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.74 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.74 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£340K02/210.74 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£327K12/200.74 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£329.2K06/210.74 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£305K01/230.75 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£375K02/230.75 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£367.5K09/210.75 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£305K01/210.76 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£215K04/210.76 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£334K07/230.77 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£325K08/210.8 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£343K09/210.8 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.8 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£248K04/210.91 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£321K06/210.91 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.91 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.91 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£437.5K12/200.92 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£297K11/200.94 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.94 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£660K06/210.95 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2

Local Rents

51 rents from £1.4K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70002/250.02 mi-2
£1,95003/250.02 mi-2
£2,60012/240.03 mi-2
£1,85001/250.03 mi-2
£1,85012/240.03 miHigh Street, Croydon, CR02
£1,80012/240.03 miBrand New Luxury Apartment2
£1,79902/240.03 mi-2
£1,75003/250.04 mi-2
£1,60012/240.05 miHigh Street, Croydon, CR02
£1,80012/240.06 miLeon House, High Street, Croydon2
£1,35003/250.06 mi-2
£1,75003/250.08 mi-2
£2,20012/240.08 miPark Lane, Croydon2
£1,75012/240.08 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.08 miPark Lane, Croydon, CR02
£1,75012/240.08 miPark Lane, Croydon, CR02
£1,67512/240.09 mi-2
£1,65012/240.09 miPark Lane, Croydon, CR02
£1,65012/240.09 miPark Lane, Croydon, Surrey, CR02
£1,90003/250.11 mi-2
£1,65012/240.12 miPark Lane, Croydon, Surrey, CR02
£1,55003/240.13 mi-2
£1,70001/250.13 mi-2
£1,60012/240.13 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,60012/240.14 miEdridge Road, Central Croydon2
£1,99912/240.14 miKeens Road, Croydon, CR02
£1,99902/240.14 mi-2
£1,99902/240.14 mi-2
£2,00012/240.15 miKeens Road, Croydon, CR02
£1,85012/240.15 miKeens Road, Croydon, CR02
£1,70002/240.16 mi-2
£1,60012/240.16 miTandon House, Park Lane, Croydon, Surrey, CR02
£2,99702/240.16 mi-2
£3,54902/250.16 mi-2
£1,80012/240.16 mi-2
£1,70012/240.18 mi-2
£1,75003/250.18 mi-2
£1,80012/240.18 miCentre View Apartments, Central Croydon, Croydon, CR02
£1,55012/240.18 miWhitgift Street, Croydon CR02
£1,51512/240.18 miSt. Peters Road, South Croydon, Surrey, CR02
£1,65001/250.19 mi-2
£1,60012/240.19 miWoodstock Road, Croydon2
£1,80012/240.19 miWandle Road, Croydon, CR02
£1,75002/240.19 mi-2
£1,70003/240.19 mi-2
£1,75012/240.19 miHeathfield Rd, Croydon, CR02
£1,85012/240.2 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,90012/240.2 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.2 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.2 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,45012/240.2 miHigh Street, Croydon, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.22 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £310,000

March 8, 2025

Floor Plans

Description

  • LONG LEASE +
  • POPULAR DEVELOPMENT +
  • CONCIERGE +
  • TWO DOUBLE BEDROOMS +
  • SECURE ALLOCATED PARKING +
  • CLOSE TO EAST CROYDON STATION +
  • COMMUNAL GROUNDS +
  • LIFT TO ALL FLOORS +

A SUPERB 8th floor modern style living apartment in this landmark block in the heart of Croydon within easy reach to East Croydon Station, and Croydon vast shops, restaurants and bars.

The property is bright and airy, neutrally decorated throughout and maintained to a very good standard. The accommodation comprises of two generous double bedrooms, a 'Jack and Jill' bathroom with a separate double shower cubicle and a 22ft open plan kitchen/reception room, with the kitchen fitted with high quality units & integrated appliances.

In addition, the property benefits form a concierge, lift to all floors, communal grounds and allocated secure parking.
Call Streets Ahead today to view!

DIRECTIONS
Masons Avenue is situated off High Street and is close to the many excellent restaurants of South End while both the Whitgift and Centrale shopping centres are very close by.

There is a large variety of entertainment facilities including Fairfield Halls. East Croydon Station is approx. (0.8 miles) and the tramlinks are easily accessible.

TRANSPORT
East Croydon Stop 0.3 miles
South Croydon (Approx. 0.5 miles)
George Street Tram Stop 0.3 miles
Church Street Tram Stop 0.4 miles
Wellesley Road Tram Stop 0.5 miles

SCHOOLS - INFANTS & PRIMARY
Saffron Valley Collegiate

Croydon Metropolitan College

Heathfield Academy

Krishna Avanti Primary School

Agent Details

Streets Ahead, Croydon Central

020 3879 5714

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪