2 Bed Flat, Planning Permission, Croydon, CR0 7NN, £255,000
Orchard Way, Croydon, CR0 7NN - 5 views - a month ago
Leasehold
Planning
ROI: 7%
~68 m²





+2 photos
ValuationUndervalued
Sold Prices | £215K - £490K |
Sold Prices/m² | £3.7K/m² - £6.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.7K/m² |
Value Estimate | £316,200 |
BMV | 24% |
Investment Opportunity
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £63,750 |
Stamp Duty & Legal Fees | £14,200 |
Total Cash In | £77,950 |
| |
Cash Out | |
Rent Range | £1,400 - £2,000 |
Rent Estimate | £1,600 |
Running Costs/mo | £1,137 |
Cashflow/mo | £463 |
Cashflow/yr | £5,558 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
22 sold prices from £215K to £490K, average is £337.5K. £3.7K/m² to £6.3K/m², average is £4.8K/m².
Local Rents
13 rents from £1.4K/mo to £2K/mo, average is £1.7K/mo.
Local Area Statistics
Population in CR0 | 153,803 |
Population in Croydon | 153,811 |
Town centre distance | 1.66 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.71 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +10% |
Sales demand | Balanced market |
Capital growth (5yrs) | +6% |
Property History
Listed for £255,000
March 12, 2025
Floor Plans

Description
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