2 Bed Flat, Single Let, Croydon, CR0 6AP, £280,000

Ashburton Road, Addiscombe, CR0 6AP - a month ago

BTL
ROI: 2%
~64 m²
+3 photos

ValuationUndervalued

Sold Prices£200K - £660K
Sold Prices/m²£2.5K/m² - £12.2K/m²

 

 

Square Metres

~64.20 m²
Price/m²£4.4K/m²

Value Estimate

£304,105
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,400

Rent Estimate

£1,325

Running Costs/mo

£1,160

Cashflow/mo

£165

Cashflow/yr

£1,980

ROI

2%

Gross Yield

6%

Local Sold Prices

41 sold prices from £200K to £660K, average is £299.5K. £2.5K/m² to £12.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£260K06/210.11 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£660K06/210.19 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£282.5K06/230.2 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£248K04/210.33 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£300K04/230.38 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£343K09/210.4 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.4 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£375K02/230.41 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£335K10/210.43 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.43 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£340K02/210.44 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.44 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£275K11/210.44 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£327K12/200.47 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£299.5K10/210.48 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£320K12/200.5 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£329.2K06/210.52 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£255K07/230.53 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£257K08/210.54 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.54 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.54 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£334K07/230.6 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£375K03/210.61 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£326K09/210.64 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£337.5K12/200.67 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£292.5K02/230.68 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£352K06/210.71 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£270K08/230.79 mi60, Manning Gardens, Croydon, Greater London CR0 7DU2
£265K11/200.79 mi39, Manning Gardens, Croydon, Greater London CR0 7DU2
£280K02/210.79 mi66, Manning Gardens, Croydon, Greater London CR0 7DU2
£260K02/210.81 mi58, Woodside Green, London, Greater London SE25 5EU2
£262K03/210.83 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.83 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£310K05/230.9 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.9 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.9 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.9 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£200K06/210.91 mi7, Coe Avenue, London, Greater London SE25 5HN2
£245K12/210.93 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£305K01/211 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£243K02/231 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2

Local Rents

51 rents from £1.3K/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.04 miAddiscombe Road, Croydon2
£1,55012/240.05 miAshburton Road, Croydon, Surrey, CR02
£1,40012/240.05 miCollege Court 2
£1,40012/240.05 miAshburton Road, Addiscombe2
£1,45012/240.06 miAddiscombe Road, Croydon, CR02
£1,77712/240.06 mi-2
£1,60012/240.08 miAddiscombe Road, Croydon, CR02
£1,60012/240.1 miOutram Road, Croydon, CR02
£2,30004/250.1 mi-2
£2,30003/250.1 mi-2
£1,50012/240.11 miOutram Road, CR02
£1,59502/240.14 mi-2
£1,59502/240.14 mi-2
£1,53002/250.15 mi-2
£1,40004/250.15 mi-2
£1,55012/240.17 mi2 Bedroom Flat To Let in Croydon2
£1,60002/250.18 mi-2
£1,55012/240.18 miCecil Court, Addiscombe Road, Croydon, CR02
£1,32512/240.19 miHavelock Road, Croydon, CR02
£1,39512/240.19 miLynden Hyrst, East Croydon2
£1,60012/240.19 miLynden Hyrst, Addiscombe Road2
£1,55012/240.2 miSt. Davids Court, 100 Outram Road, Croydon, CR02
£1,25002/250.2 mi-2
£1,55002/250.22 mi-2
£1,55002/250.22 mi-2
£1,55002/250.22 mi-2
£1,55002/250.22 mi-2
£1,55002/250.22 mi-2
£1,55002/250.22 mi-2
£1,55003/250.22 mi-2
£1,70003/250.22 mi-2
£1,85012/240.22 miRadcliffe Road, East Croydon2
£1,65002/250.23 mi-2
£1,60012/240.24 miHamilton Court, 66 Ashburton Road, Croydon, CR02
£1,60012/240.24 miElgin Road, Croydon, CR02
£1,60012/240.24 miAddiscombe Road, Croydon, CR02
£1,85002/250.25 mi-2
£2,10003/250.26 mi-2
£1,50012/240.26 miSullivan Court, Croydon, Surrey, CR02
£1,70002/240.27 mi-2
£1,55012/240.27 miLower Addiscombe Road, Addiscombe, CR02
£1,85001/250.28 mi-2
£1,60012/240.3 miBishops Court, Croydon Croydon CR02
£1,50012/240.3 miLower Addiscombe Road, Croydon, Surrey, CR02
£1,40012/240.31 mi135 Addiscombe Road, Croydon, CR0 6SJ2
£1,50002/250.31 mi-2
£2,40004/250.33 mi-2
£1,40002/250.34 mi-2
£1,29502/250.34 mi-2
£1,45012/240.34 mi-2
£1,50012/240.35 miAddiscombe Road, Croydon, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.42 miles away

Nearest school

0.60 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £280,000

March 29, 2025

Listed for £300,000

March 12, 2025

Floor Plans

Description

  • Chain free +
  • Share of freehold +
  • Popular residential road +
  • Communal gardens +
  • Excellent transport links into The City +
  • EPC rating: C +

Oaks Estate Agents are excited to present this fantastic two-bedroom second-floor apartment, located in the heart of Addiscombe and offered to the market with no onward chain.

Spanning 691 sq.ft, this bright and airy apartment features two generously sized bedrooms, a spacious reception room with a dining area, a fully equipped kitchen, and a modern bathroom suite.

The property offers the added benefit of well-maintained communal front and rear gardens, a share of the freehold, and plenty of storage space throughout.

Located on Ashburton Road, the property is ideally positioned with easy access to bus stops, Ashburton tram stop, and East Croydon station, making it perfect for those who require convenient transport links to London, Gatwick, or the South Coast.

Additionally, Furze Court is just a short distance from a range of popular local amenities in Addiscombe, as well as several highly regarded schools, making it an excellent choice for both convenience and community.

Agent Details

Oaks Estate Agents, Croydon

020 3910 6448

Next Steps?

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