2 Bed Semi-Detached House, Refurb/BRRR, Croydon, CR0 1XT, £300,000

Tamworth Road, West Croydon, Croydon, CR0 1XT - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~70 m²
+8 photos

ValuationFair Value

Sold Prices£208K - £520K
Sold Prices/m²£2.8K/m² - £6.4K/m²

 

 

Square Metres

~69.96 m²
Price/m²£4.3K/m²

Value Estimate

£300,000

 

 

End Value (After Refurb)

£344,022

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£36,977

Bridging Loan Interest

£7,875

Total Cash In

£142,802

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£344,022

Mortgage (After Refinance)

£258,016

Mortgage LTV

75%

Cash Released

£33,016

Cash Left In

£109,786

Equity

£86,005

Rent Range

£1,300 - £2,250

Rent Estimate

£1,756

Running Costs/mo

£1,446

Cashflow/mo

£310

Cashflow/yr

£3,717

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £208K to £520K, average is £350K. £2.8K/m² to £6.4K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£352K04/230.12 mi16, Ainsworth Road, Croydon, Greater London CR0 3SH2
£420K02/230.14 mi67, Derby Road, Croydon, Greater London CR0 3SF2
£375K11/210.16 mi40, Frith Road, Croydon, Greater London CR0 1TA2
£350K07/230.22 mi32, Westfield Road, Croydon, Greater London CR0 3RH2
£345K08/230.22 mi26, Westfield Road, Croydon, Greater London CR0 3RH2
£330K08/210.24 mi30, Theobald Road, Croydon, Greater London CR0 3RN2
£325K07/230.25 mi15, Cornwall Road, Croydon, Greater London CR0 3RD2
£368K10/210.25 mi17, Bourne Street, Croydon, Greater London CR0 1XL2
£378.5K11/210.34 mi19, Howley Road, Croydon, Greater London CR0 1AY2
£355K12/200.35 mi21, St Johns Road, Croydon, Greater London CR0 1RA2
£405K01/210.37 mi108, Church Road, Croydon, Greater London CR0 1SD2
£245K12/200.4 mi17, Old Town, Croydon, Greater London CR0 1AU2
£370K09/210.42 mi37, Abbey Road, Croydon, Greater London CR0 1RW2
£325K11/210.42 mi13, Fawcett Road, Croydon, Greater London CR0 1SP2
£351.6K03/210.42 mi35, Abbey Road, Croydon, Greater London CR0 1RW2
£520K06/210.43 mi31, Harrisons Rise, Croydon, Greater London CR0 4LL2
£315K06/210.44 mi102, Mitcham Road, Croydon, Greater London CR0 3RJ2
£360K12/200.44 mi24, Siddons Road, Croydon, Greater London CR0 4JR2
£260K06/230.49 mi24, Borough Hill, Croydon, Greater London CR0 4LN2
£327.5K05/210.49 mi8, Borough Hill, Croydon, Greater London CR0 4LN2
£347K02/210.49 mi143, Sumner Road South, Croydon, Greater London CR0 3LY2
£350K06/210.49 mi40, Sumner Road, Croydon, Greater London CR0 3LJ2
£325K10/210.5 mi51, Church Road, Croydon, Greater London CR0 1SJ2
£375K06/230.54 mi10, Queen Street, Croydon, Greater London CR0 1SY2
£335K04/230.55 mi44, Wandle Road, Croydon, Greater London CR0 1DE2
£325K11/200.56 mi76, Addington Road, Croydon, Greater London CR0 3LU2
£330K09/210.57 mi13, West Street, Croydon, Greater London CR0 1DG2
£318K05/210.58 mi49, West Street, Croydon, Greater London CR0 1DJ2
£280K03/210.58 mi32, West Street, Croydon, Greater London CR0 1DJ2
£307.4K03/210.58 mi26, West Street, Croydon, Greater London CR0 1DJ2
£381K01/230.58 mi65, Oval Road, Croydon, Greater London CR0 6BQ2
£335K01/210.59 mi10, Arundel Close, Croydon, Greater London CR0 4BR2
£340K03/230.61 mi9, Willis Road, Croydon, Greater London CR0 2XX2
£367.5K05/230.61 mi32, Lower Coombe Street, Croydon, Greater London CR0 1AA2
£315K09/210.63 mi25, Union Road, Croydon, Greater London CR0 2XU2
£320K07/210.63 mi5, Jennett Road, Croydon, Greater London CR0 4NR2
£400K06/210.63 mi65, Granville Close, Croydon, Greater London CR0 5PY2
£362.5K11/200.65 mi34, Keens Road, Croydon, Greater London CR0 1AH2
£360.2K03/210.65 mi35, Keens Road, Croydon, Greater London CR0 1AH2
£326K12/200.66 mi73, Sutherland Road, Croydon, Greater London CR0 3QL2
£310K03/210.66 mi113, Sutherland Road, Croydon, Greater London CR0 3QL2
£420K01/210.67 mi12, Tanfield Road, Croydon, Greater London CR0 1AL2
£430K05/210.67 mi60, Tanfield Road, Croydon, Greater London CR0 1AL2
£487K01/210.68 mi32, Oval Road, Croydon, Greater London CR0 6BJ2
£208K01/210.69 mi86, Milton Road, Croydon, Greater London CR0 2BL2
£300K02/210.73 mi51, Wentworth Road, Croydon, Greater London CR0 3HY2
£440K06/230.74 mi222, Oval Road, Croydon, Greater London CR0 6BP2
£400K03/210.75 mi71, Davidson Road, Croydon, Greater London CR0 6DL2
£365K02/230.76 mi10, Leslie Park Road, Croydon, Greater London CR0 6TN2
£375K05/230.76 mi73, Lebanon Road, Croydon, Greater London CR0 6UU2

Local Rents

50 rents from £1.3K/mo to £2.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85003/250.09 mi-2
£1,95012/240.09 mi-2
£1,85003/250.09 mi-2
£1,85004/250.09 mi-2
£1,80004/250.1 mi-2
£1,70004/250.1 mi-2
£1,90003/240.12 mi-2
£2,00003/240.13 mi-2
£2,00012/240.13 miLondon Square Croydon, Croydon, CR02
£2,00012/240.13 miLondon Square Croydon, Croydon, CR02
£2,20012/240.14 miLondon Square, CR02
£1,50012/240.15 miSt. Michaels Court, Poplar Walk, Croydon, CR02
£2,15003/240.15 mi-2
£1,55003/250.17 mi-2
£1,60012/240.17 miLondon Road, Croydon, CR02
£1,67512/240.19 miCobblestone Place, Croydon CR02
£1,60012/240.19 miChurch Road, Croydon2
£1,55012/240.19 miChurch Street, Croydon2
£1,55012/240.19 miChurch Street, Croydon2
£1,67503/240.2 mi-2
£1,65003/240.2 mi-2
£1,67512/240.2 miCobblestone Place, Croydon, CR02
£1,38010/230.2 miChurch Street, Croydon, CR02
£1,30004/250.2 mi-2
£1,60012/240.21 miChurch Road, Croydon2
£1,55012/240.21 miChurch Road, Croydon2
£1,85004/250.21 mi-2
£1,75012/240.21 miChurch Street, Central Croydon, Croydon, CR02
£1,65012/240.22 miLondon Road, CROYDON2
£2,25004/250.22 mi-2
£1,70012/240.22 miDelta point, Wellesley road, Croydon,2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,70012/240.22 miDelta point, Wellesley road, Croydon, CR0 2NY2
£1,65012/240.23 mi-2
£1,70012/240.23 miDelta Point, CR02
£1,70012/240.23 miDelta Point, CR02
£1,65012/240.23 miLondon Road, West Croydon, Croydon, CR02
£1,67512/240.24 miSaffron Central Square, Croydon, Surrey, CR02
£1,75012/240.24 miTennyson Apartments, Saffron Central Square, Croydon, CR02
£1,65012/240.24 miBourne Street, Croydon, Surrey, CR02
£1,70012/240.25 miSaffron Central Square, Croydon, CR02
£1,75012/240.25 miThe Quarters, Wellesley Road, Croydon, CR02
£1,70012/240.25 miPinnacle Apartments, 11 Saffron Central Square2
£1,87512/240.25 miPinnacle Apartments, Saffron Square 2
£1,65012/240.25 miPinnacle Apartments, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.05 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 10, 2025

Floor Plans

Description

  • In Need Of Modernisation +
  • Semi Detached Home +
  • 2 Double Bedrooms +
  • Kitchen/dining room +
  • Separate Lounge +
  • Garden +
  • Parking +
  • No Chain +
  • Make It our Own! +

IN NEED OF MODERNISATION!

This generous 2 double BEDROOM Semi-detached home is a rare find in the heart of Croydon Town Centre situated within walking distance to West & East Croydon British Rail and Croydon vast shops, restaurants and bars.

Make it your own, this home provides an excellent opportunity for first-time buyers or investors who want to stay well connected to the city and put their own stamp on it.

The property benefits form 2 double bedrooms, lounge and a kitchen/dining room, with a private garden and allocated parking space.

NO CHAIN, Call us NOW!

DIRECTIONS
Tamworth Road is located in close proximity to Croydon's Whitgift and Centrale Shopping Centres along with the selection of shops along North End. A Lidl, M&S, Waitrose, Sainsbury’s and Tesco are all within within easy reach whilst to the south is Wandle Park, the largest park in central Croydon.

The popular Boxpark is located next to East Croydon station offering an abundance of dining options with Vue Cinemas and PureGym and Fairfield located nearby.

TRANSPORT
West Croydon Station just 0.2 miles away providing the fast train to London Bridge and Overground services to Shoreditch and Highbury.

East Croydon Station is 0.7 miles away offering regular links into London Bridge and Victoria Stations along with the express service to Gatwick Airport and the South Coast. Croydon Tramlink also stops near the apartment on Tamworth Road serving East Croydon Station and Wimbledon, Purley Way and Valley Retail Park.

SCHOOLS - INFANTS & PRIMARY
Al-Khair Preparatory School

Old Palace of John Whitgift School

St Mary's Catholic Infant School

St. Mary's Catholic Junior School

Chestnut Park Primary School

The Minster Junior School

The Minster Nursery and Infant School

Krishna Avanti Primary School

Agent Details

Streets Ahead, Croydon Central

020 3879 5714

Next Steps?

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