2 Bed Flat, Single Let, Croydon, CR0 1SZ, £300,000

Scarbrook Road, Croydon, CR0 1SZ - 20 days ago

Leasehold
BTL
ROI: 3%
~53 m²
+9 photos

ValuationOvervalued

Sold Prices£215K - £380K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~52.50 m²
Price/m²£5.7K/m²

Value Estimate

£250,250

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

£1,350 - £3,549

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £215K to £380K, average is £305.5K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£270K02/230.04 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£294K04/230.21 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£250K05/230.35 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£306K12/200.4 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£345K05/230.43 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£250K08/210.44 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£286K12/220.46 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.46 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.46 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.47 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£292.5K02/230.53 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£295K09/210.54 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.54 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£215K04/210.55 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£326K09/210.57 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£375K03/210.6 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£270K05/230.62 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£320K12/200.7 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£243K02/230.73 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£280K01/210.74 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£299.5K10/210.74 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£334K07/230.75 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£329.2K06/210.75 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£255K07/230.78 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£335K10/210.8 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.8 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£223K07/230.8 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£330K01/230.8 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£245K03/230.8 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£375K02/230.85 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£340K02/210.85 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£368K05/230.87 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£327K12/200.87 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£367.5K09/210.87 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£343K09/210.92 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.92 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£280K02/210.93 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£248K04/210.93 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£310K05/230.94 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.94 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.94 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.94 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£305K01/230.96 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£305K01/210.97 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£315K10/210.98 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£322.5K04/210.99 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£325K08/210.99 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£305K04/231 mi79, Onslow Road, Croydon, Greater London CR0 3NY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,80012/240.02 miWandle Road, Croydon, CR02
£1,65012/240.02 miScarbrook Road, Croydon, CR02
£1,75002/240.03 mi-2
£1,80012/240.03 miWandle Road, Croydon, CR02
£1,90012/240.03 miThe Exchange, Central Croydon, Croydon, CR02
£1,35012/240.04 miGreen Dragon House, Croydon , CR02
£1,50012/240.04 miGreen Dragon House2
£1,80012/240.04 miCentre View Apartments, Central Croydon, Croydon, CR02
£1,55012/240.04 miWhitgift Street, Croydon CR02
£1,80012/240.04 miThe Exchange, Scarbrook Road, CR02
£1,80012/240.04 miThe Exchange2
£1,80012/240.04 miThe Exchange, Croydon CR02
£2,30003/250.04 mi-2
£1,65001/250.04 mi-2
£1,90003/250.04 mi-2
£1,45012/240.04 miHigh Street, Croydon, CR02
£1,70012/240.04 mi-2
£2,10012/240.05 mi-2
£1,80012/240.05 miScarbrook Road, Croydon, CR02
£1,80012/240.05 miScarbrook Road, Croydon, CR02
£1,90012/240.05 miScarbrook Road, Croydon, CR02
£1,50012/240.06 mi-2
£1,45001/250.06 mi-2
£1,45012/240.06 mi-2
£1,85012/240.06 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.06 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,85012/240.06 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,90012/240.06 miKindred House, 25 Scarbrook Road, Surrey, CR02
£1,75012/240.08 miHamilton Apartments, Croydon, CR02
£2,99702/240.08 mi-2
£3,54902/250.08 mi-2
£1,47503/240.09 mi-2
£1,95012/240.09 miBridge House, Croydon, CR02
£1,95012/240.09 miBridge House, Croydon, CR02
£2,35003/240.09 mi-2
£1,95002/240.09 mi-2
£2,35012/240.09 mi-2
£2,25003/250.09 mi-2
£1,75003/250.09 mi-2
£1,75012/240.11 miHigh Street, Croydon, CR02
£1,60012/240.14 miEdridge Road, Central Croydon2
£1,70012/240.14 miOld Palace Road, Croydon, London, CR02
£1,70012/240.14 miOld Palace Road, Croydon, London, CR02
£1,75002/240.14 mi-2
£1,75003/240.14 mi-2
£1,75012/240.14 mi-2
£1,98511/240.15 mi-2
£1,70002/240.15 mi-2
£1,75012/240.16 miChurch Street, Central Croydon, Croydon, CR02
£1,80012/240.17 miLeon House, High Street, Croydon2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.21 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 11, 2025

Floor Plans

Description

IDEAL INVESTMENT/FIRST PURCHASE. MODERN TWO BEDROOM APARMENT WITH GARAGE LOCATED CLOSE TO TOWN CENTRE AND AMENITIES.

The accommodation briefly comprises entrance hall, living room, good size kitchen/dining room, two bedrooms, bathroom, garage and well maintain communal gardens.

The property is superbly located within a short walk of East Croydon station, providing fast and frequent links into Central London, Gatwick and the South Coast, with Tramlink and bus connections also close-by, linking the surrounding area. Croydon town centre is literally on the doorstep, offering a huge selection of shops, bars, restaurants and amenities, as well as leisure facilities including a large cinema complex.

Agent Details

Mann, Croydon

020 3870 2869

Next Steps?

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