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2 Bed Flat, Single Let, Croydon, CR0 2SU, £275,000

London Road, Croydon, CR0 2SU - 1 views - 20 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£195K - £346K
Sold Prices/m²£2.8K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£328,848
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£1,400 - £2,350

Rent Estimate

£1,425

Running Costs/mo

£1,164

Cashflow/mo

£261

Cashflow/yr

£3,128

ROI

4%

Gross Yield

6%

Local Sold Prices

27 sold prices from £195K to £346K, average is £280K. £2.8K/m² to £6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£286K05/230.11 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£255K03/230.17 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£245K03/230.32 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£290K07/230.32 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.32 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£280K01/210.33 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£305K04/230.39 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£295K11/210.39 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£215K04/210.47 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£195K12/220.49 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£280K06/210.67 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£294K03/230.68 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£220K03/230.68 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£265K08/210.69 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£270K02/230.75 mi46, Kelvin Gardens, Croydon, Greater London CR0 4UR2
£270K01/230.84 mi181, Franklin Way, Croydon, Greater London CR0 4UX2
£256K06/210.85 mi139, Franklin Way, Croydon, Greater London CR0 4UX2
£250K05/230.86 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£320K12/220.88 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£295K12/220.91 mi63b, Saxon Road, London, Greater London SE25 5EH2
£340K09/220.92 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£295K08/210.94 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£298K01/230.94 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£290K10/210.96 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£346K01/210.97 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£270K02/230.99 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£296.5K03/211 miGround Floor Flat, 23, Melfort Road, Thornton Heath, Greater London CR7 7RS2

Local Rents

51 rents from £1.4K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,67512/240.02 miLondon Road, Croydon, CR02
£2,35002/250.03 mi-2
£1,60012/240.06 miBensham Lane, Croydon, CR02
£1,77503/240.1 mi-2
£1,50002/240.12 mi-2
£1,50012/240.15 miFrancis Road, Croydon, CR02
£1,62503/250.15 mi-2
£1,40012/240.16 miFrancis Road, Croydon2
£1,55012/240.16 miLondon Road, Croydon, CR02
£1,47503/240.17 mi-2
£1,45012/240.17 mi-2
£1,45002/250.17 mi-2
£1,50012/240.19 miLondon Road Croydon CR02
£1,75012/240.2 miPemdevon Road, Croydon, CR02
£1,70002/240.2 mi-2
£1,75012/240.23 miPemdevon, CR02
£1,70012/240.23 miSumner Road, CR02
£1,70012/240.23 miSumner Road, CR02
£1,70012/240.23 miDennett Road, Croydon, CR02
£1,80012/240.23 miHandcroft Road, CR02
£1,70003/250.24 mi-2
£1,70003/250.24 mi-2
£1,60003/240.25 miFiveacre Close, Thornton Heath2
£1,85002/250.25 mi-2
£1,80012/240.26 mi-2
£1,70003/250.28 mi-2
£1,70003/250.28 mi-2
£1,65002/250.28 mi-2
£1,45002/250.28 mi-2
£1,50012/240.29 miTwo bedroom flat to rent in Croydon2
£1,60001/250.29 mi-2
£1,60012/240.29 miLondon Road, Croydon2
£1,65012/240.3 mi-2
£1,65012/240.3 mi-2
£1,70003/240.3 mi-2
£1,90003/240.3 mi-2
£1,65001/250.3 mi-2
£1,50012/240.3 mi-2
£1,90012/240.3 miKidderminster Road, Croydon2
£1,90012/240.3 miKidderminster Road, Croydon, CR02
£1,70012/240.31 miKidderminster Road, Croydon2
£1,90012/240.31 miKidderminster Road, Croydon2
£1,70012/240.31 miKidderminster Road, CROYDON2
£1,70012/240.31 miKidderminster Road, CR02
£1,85003/250.31 mi-2
£1,55002/250.32 mi-2
£1,40001/250.33 mi-2
£1,90012/240.33 miGrafton Quarter, Croydon, London, CR02
£1,80003/250.34 mi-2
£1,70012/240.34 miKidderminster Road, Croydon, CR02
£1,70003/250.41 mi-2

Links

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £275,000

March 11, 2025

Floor Plans

Description

  • Secure Modern Development +
  • Lift access +
  • 5th Floor, 2 Bed +
  • Bright and Spacious Interiors +
  • Private Balcony +
  • Open-Plan Living +
  • Double-sized Bedrooms +
  • Amenities nearby +

Set within a secure modern development with lift access, this lovely 2 bedroom 5th floor flat boasts a spacious accommodation with great open-plan living area, and features a private balcony.

The property benefits from a great location as London Road offers a good selection of shops, pubs and cafes while local buses and West Croydon train station provide a good transport links into central London.

Please use the reference CHPK3963646 when contacting Foxtons.

Agent Details

Foxtons, Croydon

020 3907 3418

Next Steps?

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

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