2 Bed Flat, Single Let, Croydon, CR0 2US, £150,000

St. James's Road, Croydon, CR0 2US - 1 views - 6 days ago

Leasehold
BTL
ROI: 17%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£195K - £375K
Sold Prices/m²£2.5K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£184,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,450

Running Costs/mo

£779

Cashflow/mo

£671

Cashflow/yr

£8,055

ROI

17%

Gross Yield

12%

Local Sold Prices

37 sold prices from £195K to £375K, average is £290K. £2.5K/m² to £6.1K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£295K11/210.18 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£290K07/230.29 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.29 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£215K04/210.38 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£294K03/230.39 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£280K01/210.41 mi98, Eastney Road, Croydon, Greater London CR0 3TE2
£286K05/230.43 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£245K03/230.46 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£255K03/230.47 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£220K03/230.51 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£265K08/210.56 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£305K04/230.64 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£320K12/220.65 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£280K06/210.7 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£298K01/230.7 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£352K06/210.73 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£334K07/230.75 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£195K12/220.77 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£295K12/220.78 mi63b, Saxon Road, London, Greater London SE25 5EH2
£346K01/210.79 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£250K05/230.82 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£270K02/230.84 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£329.2K06/210.85 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£326K09/210.89 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£262K03/210.89 mi18, Brampton Road, Croydon, Greater London CR0 6JN2
£259.5K01/210.89 mi32, Brampton Road, Croydon, Greater London CR0 6JN2
£292.5K02/230.91 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£288K02/210.92 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£337.5K12/200.94 mi74, Dartnell Road, Croydon, Greater London CR0 6JA2
£299.5K10/210.95 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£295K08/210.95 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£280K08/210.96 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£375K03/210.97 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£275K11/210.97 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£290K10/210.97 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£320K12/200.99 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£300K04/230.99 mi63, Fisher Close, Croydon, Greater London CR0 6QY2

Local Rents

50 rents from £1.4K/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,40001/250.01 mi-2
£1,55002/250.04 mi-2
£1,70012/240.1 miKidderminster Road, Croydon, CR02
£1,70003/250.1 mi-2
£1,45002/250.1 mi-2
£1,70003/250.11 mi-2
£1,62512/240.12 mi-2
£1,62512/240.12 mi-2
£1,90012/240.12 miKidderminster Road, Croydon2
£1,70012/240.12 miKidderminster Road, CROYDON2
£1,70012/240.12 miKidderminster Road, CR02
£1,65002/250.13 mi-2
£1,47503/240.16 mi-2
£1,50012/240.16 mi-2
£1,70012/240.16 miKidderminster Road, Croydon2
£1,45012/240.17 mi-2
£1,45002/250.17 mi-2
£1,90003/240.18 mi-2
£1,70003/240.18 mi-2
£1,65001/250.18 mi-2
£1,90012/240.18 miKidderminster Road, Croydon, CR02
£2,50003/250.19 mi-2
£1,75012/240.19 miWhitehorse Road, Croydon, London, CR02
£1,50003/250.19 mi-2
£1,45003/240.19 mi-2
£1,90012/240.19 miKidderminster Road, Croydon2
£1,65012/240.2 mi-2
£1,60012/240.2 miLondon Road, Croydon2
£1,75002/240.2 mi-2
£1,75003/250.2 mi-2
£2,00001/250.2 mi-2
£1,90012/240.21 mi1 Newgate, CR0 2FB2
£1,90012/240.21 mi1 Newgate, CR0 2FB2
£1,90012/240.21 mi1 Newgate, CR0 2FB2
£1,90012/240.21 mi1 Newgate, CR0 2FB2
£1,80002/240.21 mi-2
£1,70003/250.21 mi-2
£1,77702/240.21 mi-2
£1,77712/240.21 mi-2
£1,50003/250.21 mi-2
£1,50001/250.21 mi-2
£1,80001/250.24 mi-2
£1,77503/240.24 mi-2
£1,50012/240.25 miLondon Road Croydon CR02
£1,62512/240.26 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,75012/240.26 miTavistock Court, Tavistock Road, Croydon, CR0 2AL2
£1,50012/240.26 miFrancis Road, Croydon, CR02
£1,60012/240.27 miBensham Lane, Croydon, CR02
£1,80012/240.27 miTavistock Road, Croydon2
£1,77502/240.27 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.67 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £150,000

March 17, 2025

Floor Plans

Description

  • FORWARD CHAIN FREE +
  • Lower ground floor property +
  • Outside space +
  • Close to East Croydon +

Stonebridge Shaw is pleased to bring to the market this FORWARD CHAIN FREE, two-bedroom, lower-ground-floor flat, which presents a fantastic opportunity for investors and those looking to add their own personal touch.

Offering generous proportions throughout, the property features one double bedroom, second bedroom, a large reception room, and a private outdoor space, perfect for relaxation or entertaining. With plenty of potential to modernize and add value, this property is ideal for buyers seeking a project. Conveniently located close to local amenities and transport links, it offers both convenience and investment appeal. Don't miss out on this exciting opportunity-contact us today to arrange a viewing!

Note from the team at Stonebridge ShawWe always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.

Agent Details

Stonebridge Shaw, Portishead

020 3840 3549

Next Steps?

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