2 Bed Flat, Single Let, Croydon, CR0 5SP, £280,000

Coombe Road, Croydon, CR0 5SP - 24 days ago

Sold STC
BTL
ROI: 4%
~54 m²
+10 photos

ValuationOvervalued

Sold Prices£223K - £660K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~53.51 m²
Price/m²£5.2K/m²

Value Estimate

£250,032

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

£1,400 - £3,350

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £223K to £660K, average is £308K. £3.4K/m² to £12.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£243K02/230.19 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£306K12/200.22 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£330K01/230.27 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£270K05/230.36 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£368K05/230.37 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£310K05/230.38 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.38 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.38 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.38 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£255K07/230.41 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£305K01/210.42 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£280K02/210.43 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£294K04/230.45 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£292.5K02/230.45 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£375K03/210.45 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£295K09/210.46 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.46 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£327K12/200.48 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£340K02/210.5 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.5 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£345K05/230.5 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£326K09/210.5 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£375K02/230.53 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£320K12/200.53 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£335K10/210.53 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.53 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£305K01/230.55 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£343K09/210.55 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.55 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£270K02/230.59 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£299.5K10/210.61 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£286K12/220.63 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.63 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.63 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.66 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£250K08/210.69 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£329.2K06/210.7 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£325K08/210.72 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£660K06/210.77 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£334K07/230.78 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£248K04/210.8 mi50c, Canning Road, Croydon, Greater London CR0 6QF2
£223K07/230.84 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£437.5K12/200.85 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£250K05/230.9 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£260K06/210.91 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£282.5K06/230.91 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£321K06/210.96 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.96 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.96 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£297K11/200.98 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2

Local Rents

51 rents from £1.4K/mo to £3.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,40001/250.01 mi-2
£1,60012/240.1 miCoombe Road, South Croydon2
£1,60012/240.1 miCoombe Road, South Croydon2
£1,45012/240.12 miRosamund Close, South Croydon2
£1,50002/240.12 mi-2
£1,92502/250.12 mi-2
£1,77503/250.12 mi-2
£1,65004/250.12 mi-2
£1,50012/240.12 miTemple Road, Croydon2
£1,59903/240.13 mi-2
£2,80002/240.13 mi-2
£2,80002/250.13 mi-2
£1,80004/250.14 mi-2
£1,70011/240.14 mi-2
£1,50012/240.16 miChatsworth Road, Croydon, Surrey, CR02
£2,00012/240.16 miTemple road, CR02
£1,60012/240.2 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,51512/240.2 miSt. Peters Road, South Croydon, Surrey, CR02
£1,90002/240.21 mi-2
£1,70012/240.21 miChatsworth Road, Croydon2
£3,35003/250.22 mi-2
£1,70002/240.22 mi-2
£1,65012/240.22 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.22 miSouth Park Hill Road, South Croydon, CR22
£1,95003/250.23 mi-2
£1,60012/240.23 miWoodstock Road, Croydon2
£1,60012/240.23 miCampion Close, Croydon2
£1,80002/250.23 mi-2
£1,80002/250.24 mi-2
£1,67502/240.24 mi-2
£1,79512/240.25 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.25 miSouth Park Hill Road, South Croydon 2
£1,69512/240.25 miSouth Park Hill Road, South Croydon2
£1,75012/240.25 miHeathfield Rd, Croydon, CR02
£1,70003/240.25 mi-2
£1,65002/250.26 mi-2
£1,69512/240.26 miSouth Park Hill Road, South Croydon, CR22
£1,65012/240.26 miPark Lane, Croydon, Surrey, CR02
£1,50002/240.27 mi-2
£1,50002/240.27 mi-2
£1,67002/240.27 mi-2
£1,65012/240.29 miPark Lane, Croydon, CR02
£1,67512/240.29 mi-2
£1,65012/240.29 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.29 miPark Lane, Croydon, CR02
£1,75012/240.29 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.29 miPark Lane, Croydon, CR02
£2,20012/240.29 miPark Lane, Croydon2
£1,75003/250.29 mi-2
£1,80002/240.3 mi-2
£1,85002/240.3 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

0.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £280,000

March 18, 2025

Floor Plans

Description

  • Beautiful Two Bedroom Raised Ground Floor Flat +
  • Sought After Residential Development +
  • Newly Refurbished to a High Standard +
  • Light and Spacious 16'10 Reception Room +
  • Private Balcony and Communal Gardens +
  • Brand New Kitchen and Bathroom +
  • New Carpets +
  • Garage En Bloc +
  • Long Lease and No Chain +
  • Close to Transport Links and Amenities +

Marriott Vernon present to the market this beautifully presented two bedroom raised ground floor flat with private balcony, garage en bloc, visitor parking and access to attractive well maintained communal gardens. Superbly situated in a popular residential development within easy reach of town centre amenities, bars and restaurants, the property offers bright and spacious accommodation, recently refurbished to a high standard throughout. Features include a large 16'10 reception room with balcony, newly fitted kitchen and bathroom, brand new carpets, gas central heating with combination boiler, double glazing, long 977 lease with Share of Freehold and no onward chain.

Accommodation comprises entrance hall with inbuilt storage, leading into the generous reception room with ample space for relaxing, entertaining and dining, and door through to the kitchen. The kitchen itself comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit, inbuilt hob with overhead extractor and electric oven below, and further space for appliances. There are two well sized bedrooms, plus a stylish family bathroom with new white three piece suite.

The property is superbly located within easy access of both South and East Croydon stations, each offering superb connections into Central London, Gatwick and the South Coast. Croydon town centre is just a short distance away providing an array of shops and amenities, as well as leisure facilities including a cinema complex. The 'Restaurant Quarter' is also just a stroll away for a diverse selection of bars and restaurants.

Viewings are highly recommended.

Agent Details

Marriott Vernon, Croydon

020 3728 8883

Next Steps?

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