2 Bed Flat, Single Let, CR8 2FD, £425,000

Brighton Road, Purley, CR8 2FD - 2 views - a month ago

Leasehold

BTL

~68 m²

+22 photos

ValuationOvervalued

Sold Prices	£245K - £477.5K
Sold Prices/m²	£3.4K/m² - £7K/m²

Square Metres	~68.11 m²
Price/m²	£6.2K/m²
Value Estimate	£329,203£329,203

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£106,250£106,250
Stamp Duty & Legal Fees	£31,200£31,200
Total Cash In	£137,450£137,450

Cash Out
Rent Range	£1,300 - £2,250£1,300 - £2,250
Rent Estimate	£1,450
Running Costs/mo	£1,638£1,638
Cashflow/mo	£-188£-188
Cashflow/yr	£-2,257£-2,257
Gross Yield	4%4%

Local Sold Prices

21 sold prices from £245K to £477.5K, average is £285K. £3.4K/m² to £7K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£273.1K	12/22	0.3 mi	30a, Purley Park Road, Purley, Greater London CR8 2BS	£3,955	69	2	Flat
£285K	06/21	0.37 mi	666, Brighton Road, Purley, Greater London CR8 2BB	£5,182	55	2	Flat
£275K	11/20	0.37 mi	646, Brighton Road, Purley, Greater London CR8 2BB	£5,500	50	2	Flat
£248K	07/23	0.37 mi	648, Brighton Road, Purley, Greater London CR8 2BB	-	-	2	Flat
£290K	04/21	0.45 mi	Flat 11, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PH	-	-	2	Flat
£268K	12/20	0.45 mi	Flat 7, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PH	-	-	2	Flat
£272K	02/23	0.47 mi	Flat 77, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ	-	-	2	Flat
£288K	09/21	0.47 mi	Flat 48, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ	-	-	2	Flat
£300K	11/22	0.47 mi	Flat 45, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ	-	-	2	Flat
£285K	11/20	0.47 mi	Flat 50, French Apartments, Lansdowne Road, Purley, Greater London CR8 2PJ	-	-	2	Flat
£245K	11/20	0.5 mi	32, Olden Lane, Purley, Greater London CR8 2EH	£3,551	69	2	Flat
£290K	11/20	0.51 mi	112, Kingsdown Avenue, South Croydon, Greater London CR2 6QH	£4,833	60	2	Flat
£477.5K	04/21	0.51 mi	33, Foxley Lane, Purley, Greater London CR8 3EH	£7,022	68	2	Flat
£477.5K	04/21	0.52 mi	33a, Foxley Lane, Purley, Greater London CR8 3EH	£6,725	71	2	Flat
£262.5K	06/23	0.65 mi	538, Brighton Road, South Croydon, Greater London CR2 6AU	-	-	2	Flat
£335K	11/21	0.77 mi	Flat 20, Barrards Hall, Beech Avenue, South Croydon, Greater London CR2 0NL	-	-	2	Flat
£295K	12/20	0.81 mi	46, The Pines, Purley, Greater London CR8 2DZ	£4,609	64	2	Flat
£285K	12/21	0.81 mi	11, Allder Way, South Croydon, Greater London CR2 6JZ	£3,393	84	2	Flat
£269K	06/21	0.82 mi	74, Lower Barn Road, Purley, Greater London CR8 1HR	-	-	2	Flat
£293.5K	02/23	0.97 mi	27, Montana Close, South Croydon, Greater London CR2 0AT	£5,060	58	2	Flat
£282.5K	11/21	1 mi	12, Wisley Court, South Croydon, Greater London CR2 0QY	£3,924	72	2	Flat

Local Rents

50 rents from £1.3K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,650	12/24	0.07 mi	Astoria Court, Purley, Surrey	2	Flat
£1,450	12/24	0.07 mi	Bourne Court, 60 Pampisford Road, Purley, CR8	2	Flat
£1,800	12/24	0.09 mi	Pampisford Road, Purley, CR8	2	Flat
£1,650	12/24	0.1 mi	Woburn Avenue, Purley, CR8	2	Terraced House
£1,600	03/25	0.12 mi	-	2	Flat
£1,625	12/24	0.14 mi	Whytecliffe Road South, Purley, CR8	2	Flat
£1,850	12/24	0.14 mi	Glenn Avenue Purley CR8	2	Detached House
£1,650	01/25	0.16 mi	-	2	Flat
£1,650	01/25	0.16 mi	-	2	Flat
£1,650	01/25	0.16 mi	-	2	Flat
£1,650	02/25	0.16 mi	-	2	Flat
£1,650	02/25	0.16 mi	-	2	Flat
£1,650	02/25	0.16 mi	-	2	Flat
£1,300	12/24	0.16 mi	2 bedroom Second Floor Flat in Purley	2	Flat
£1,500	12/24	0.19 mi	Whytecliffe Road South, Purley	2	Flat
£1,700	02/25	0.19 mi	-	2	Flat
£1,700	03/25	0.19 mi	-	2	Flat
£1,750	03/25	0.19 mi	-	2	Flat
£1,900	03/25	0.19 mi	-	2	Flat
£1,900	03/25	0.19 mi	-	2	Flat
£1,900	04/25	0.19 mi	-	2	Flat
£1,850	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,800	04/25	0.19 mi	-	2	Flat
£1,850	01/25	0.2 mi	-	2	Flat
£1,850	04/25	0.2 mi	-	2	Flat
£1,635	12/24	0.2 mi	-	2	Flat
£1,635	12/24	0.2 mi	Whytecliffe Road South, Purley, CR8	2	Flat
£1,895	12/24	0.21 mi	M Residence, Purley, CR8	2	Flat
£1,895	12/24	0.21 mi	Marvon Court, Russell Green Close, West Purley	2	Flat
£1,800	04/25	0.22 mi	-	2	Flat
£1,450	12/24	0.23 mi	Whytecliffe Road South, Purley	2	Flat
£2,250	12/24	0.25 mi	-	2	Flat
£1,750	12/24	0.25 mi	-	2	Flat
£1,800	03/25	0.25 mi	-	2	Flat
£1,850	02/25	0.28 mi	-	2	Flat
£1,850	04/25	0.28 mi	-	2	Flat
£1,950	12/24	0.28 mi	Banstead Road, Purley, CR8	2	Flat
£1,900	12/24	0.28 mi	Banstead Road, Banstead Road, CR8	2	Flat
£1,775	02/25	0.3 mi	-	2	Flat
£1,670	04/25	0.3 mi	-	2	Flat
£1,950	12/24	0.32 mi	-	2	Flat
£1,950	12/24	0.32 mi	-	2	Flat
£1,950	12/24	0.32 mi	-	2	Flat
£1,600	02/25	0.34 mi	-	2	Flat

Local Area Statistics

Population in CR8	32,30132,301
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Listed for £425,000

March 20, 2025

Floor Plans

Description

VIDEO AVAILABLE +
WRAP AROUND DECCKED ROOF TERRACE +
FITTED VENETIAN BLINDS +
FLOOR TO CEILING WINDOWS +
ENSUITE TO MASTER +
DRESSING AREA +
AIR CON TO LOUNGE AND MASTER BEDROOM +
GAS CENTRAL HEATING +
EXPANSIVE VIEWS +
IDEAL FOR ENTERTAINING +

Exquisite penthouse boasting a wrap-around roof terrace, ideal for outdoor entertaining and panoramic views. This two-bedroom flat features a light well and floor-to-ceiling windows, flooding the space with natural light and offering stunning vistas. The property includes a dressing area and ensuite bathroom for added convenience and luxury.

Located this modern flat is beautifully declose to the station, it is well decorated and well-maintained, creating a welcoming ambiance throughout. With off-street parking and a lift for easy access, this penthouse offers both style and practicality. Perfect for those seeking a contemporary and comfortable living space, this property is a rare find. Don't miss out on the chance to own this exceptional penthouse with a unique wrap-around roof terrace. Contact us today to arrange a viewing and secure this stylish home for yourself.

Video Available.

Agent Details

Streets Ahead, Purley

020 3871 8691

Next Steps?

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

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