3 Bed Terraced House, Refurb/BRRR, South Croydon, CR2 6RB, £375,000

Junction Road, South Croydon, CR2 6RB - 2 views - 12 days ago

Refurb/BRRR
ROI: 1%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£212.7K - £750K
Sold Prices/m²£2.6K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£386,250
BMV3%

 

 

End Value (After Refurb)

£507,625

Uplift in Value

+35%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Refurb Costs

£49,214

Bridging Loan Interest

£9,844

Total Cash In

£180,757

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£507,625

Agent Fees (1%)

£5,076

Bridging Loan

£281,250

Bridging Loan Interest

£9,844

Flip Profit

£40,541

Local Sold Prices

50 sold prices from £212.7K to £750K, average is £450K. £2.6K/m² to £6.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£475K09/210.08 mi87, Selsdon Road, South Croydon, Greater London CR2 6PZ3
£432.5K01/210.08 mi63, Selsdon Road, South Croydon, Greater London CR2 6PZ3
£480K09/210.08 mi18, Upland Road, South Croydon, Greater London CR2 6RD3
£450K12/220.13 mi21, Selsdon Avenue, South Croydon, Greater London CR2 6PP3
£437K02/230.15 mi4, Jarvis Road, South Croydon, Greater London CR2 6HU3
£415K06/230.16 mi27, Sussex Road, South Croydon, Greater London CR2 7DB3
£368.5K08/210.16 mi67, Sussex Road, South Croydon, Greater London CR2 7DB3
£450K12/220.16 mi11, Sussex Road, South Croydon, Greater London CR2 7DB3
£460K01/230.17 mi40, Selsdon Road, South Croydon, Greater London CR2 6PB3
£427K12/200.18 mi313, Selsdon Road, South Croydon, Greater London CR2 6PT3
£487K01/230.18 mi315, Selsdon Road, South Croydon, Greater London CR2 6PT3
£450K03/210.18 mi345, Selsdon Road, South Croydon, Greater London CR2 6PT3
£400K03/210.2 mi47, Newark Road, South Croydon, Greater London CR2 6HR3
£492.5K07/210.2 mi23, Avondale Road, South Croydon, Greater London CR2 6JE3
£440K03/210.21 mi5, Croham Road, South Croydon, Greater London CR2 7PB3
£461.1K01/230.21 mi57, Newark Road, South Croydon, Greater London CR2 6HR3
£375K09/210.22 mi44, Newark Road, South Croydon, Greater London CR2 6HQ3
£410K05/230.22 mi40, Newark Road, South Croydon, Greater London CR2 6HQ3
£385K11/200.24 mi43, Whitmead Close, South Croydon, Greater London CR2 7AS3
£575K06/210.24 mi62, Chelsham Road, South Croydon, Greater London CR2 6HY3
£410K06/210.25 mi8, Chelsham Road, South Croydon, Greater London CR2 6HY3
£450K06/210.25 mi55, Mansfield Road, South Croydon, Greater London CR2 6HP3
£450K06/210.27 mi49, Chelsham Road, South Croydon, Greater London CR2 6HZ3
£465.5K11/200.27 mi39, Chelsham Road, South Croydon, Greater London CR2 6HZ3
£750K06/210.31 mi17, Whitgift Avenue, South Croydon, Greater London CR2 6AZ3
£480K05/210.31 mi3, Avondale Road, South Croydon, Greater London CR2 6JE3
£400K09/210.32 mi5, Nicola Close, South Croydon, Greater London CR2 6NA3
£350K01/210.32 mi41, Nicola Close, South Croydon, Greater London CR2 6NA3
£632.5K12/220.33 mi6, Rockhampton Road, South Croydon, Greater London CR2 7AQ3
£212.7K01/210.33 mi1, Vauxhall Gardens, South Croydon, Greater London CR2 6JR3
£515K04/210.33 mi9, Rockhampton Road, South Croydon, Greater London CR2 7AQ3
£355K06/210.35 mi42, Nicola Close, South Croydon, Greater London CR2 6NB3
£395K12/200.35 mi26, Nicola Close, South Croydon, Greater London CR2 6NB3
£615K12/200.38 mi11, Carlton Road, South Croydon, Greater London CR2 0BP3
£525K11/200.38 mi258, Selsdon Road, South Croydon, Greater London CR2 7AA3
£427K06/210.41 mi7b, Marlborough Road, South Croydon, Greater London CR2 6JD3
£520K01/210.43 mi11, Birdhurst Avenue, South Croydon, Greater London CR2 7DX3
£427K10/210.46 mi81, Haling Park Road, South Croydon, Greater London CR2 6NN3
£660K12/220.49 mi10, Birdhurst Gardens, South Croydon, Greater London CR2 7DT3
£535K06/230.49 mi63, Temple Road, Croydon, Greater London CR0 1HW3
£448.6K09/210.5 mi293, Violet Lane, Croydon, Greater London CR0 4HN3
£425K05/210.5 mi287, Violet Lane, Croydon, Greater London CR0 4HN3
£380K10/200.52 mi146, Violet Lane, Croydon, Greater London CR0 4HJ3
£495K09/220.52 mi146, Violet Lane, Croydon, Greater London CR0 4HJ3
£650K05/210.53 mi17, Croham Mount, South Croydon, Greater London CR2 0BR3
£430K05/210.53 mi48, Sanderstead Road, South Croydon, Greater London CR2 0PA3
£465K03/210.55 mi51, Churchill Road, South Croydon, Greater London CR2 6HE3
£510K05/230.58 mi19, Brafferton Road, Croydon, Greater London CR0 1AD3
£483.6K12/220.59 mi40, Tanfield Road, Croydon, Greater London CR0 1AL3
£492.5K05/230.59 mi61, Tanfield Road, Croydon, Greater London CR0 1AN3

Local Rents

25 rents from £1.7K/mo to £3.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.11 miSunnynook Gardens, Croydon, CR23
£1,80012/240.14 miJarvis Road, South Croydon3
£1,80012/240.15 miJarvis Road, South Croydon3
£2,44903/250.18 mi-3
£2,07003/250.19 mi-3
£2,20012/240.21 miChelsham Road, South Croydon, CR23
£2,20012/240.21 mi-3
£2,35001/250.27 mi-3
£1,70012/240.31 miAvondale Road, SOUTH CROYDON3
£3,50003/250.33 mi-3
£1,85012/240.33 miSt. Peters Road, Croydon, CR03
£2,00003/240.33 mi-3
£2,30012/240.35 mi-3
£2,20012/240.45 miSouth Park Hill Road, SOUTH CROYDON3
£2,15003/240.46 mi-3
£2,15012/240.46 miPennine Court, Croydon, CR03
£2,15012/240.46 miPennine Court, Croydon, CR03
£2,50012/240.51 mi-3
£1,75001/250.51 mi-3
£1,90012/240.53 miCampion Close, Croydon, CR03
£1,90012/240.53 mi-3
£1,90012/240.54 miCampion Close, Croydon, Surrey, CR03
£1,75012/240.55 miTanfield Road, Croydon, CR03
£2,25012/240.56 miDenning Avenue, Croydon, CR03
£2,28012/240.62 miMasons Avenue, Central Croydon, Croydon, CR03

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £375,000

March 23, 2025

Floor Plans

Description

  • Three Bedroom Victorian Terraced House +
  • Convenient Residential Location +
  • Requiring Complete Modernisation +
  • Three Reception Areas +
  • Older Style Kitchen And Shower Room +
  • Garden With External Shed +
  • No Chain +
  • Excellent Scope To Upgrade And Refurbish +
  • Short Walk To South Croydon Station +
  • Close To Shops And Amenities +

The Property
Three bedroom Victorian terraced house with private garden and no onward chain, conveniently situated within a short walk of South Croydon station and amenities. The property would now benefit from a programme of complete refurbishment, but offers bright and spacious accommodation with excellent potential to upgrade and modernise as desired. Features include three reception areas, older style kitchen and shower room, gas central heating, and double glazing.

Accommodation comprises entrance hall with stairs rising to the first floor, leading into the front aspect reception room. A further reception room opens through to the kitchen/diner with doors onto the garden. The kitchen area comprises a range of matching wall and base units with work surfaces incorporating inset sink unit and further space for appliances. A rear lobby provides access to the shower room. To the first floor, there are three bedrooms - the third being a small single accessed off the second bedroom.

The property is located within easy access of South Croydon station, offering superb connections into Central London, Gatwick and the South Coast. Croydon town centre is close-by 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.

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Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Croydon

020 3840 3596

Next Steps?

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