3 Bed Terraced House, Refurb/BRRR, Croydon, CR0 3EJ, £280,000

69 Boston Road, Croydon, CR0 3EJ - 9 days ago

Auction
Refurb/BRRR
ROI: 3%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£337K - £530K
Sold Prices/m²£3.2K/m² - £9.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£288,400
BMV3%

 

 

End Value (After Refurb)

£423,971

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Refurb Costs

£49,155

Bridging Loan Interest

£7,350

Total Cash In

£147,455

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£423,971

Agent Fees (1%)

£4,240

Bridging Loan

£210,000

Bridging Loan Interest

£7,350

Flip Profit

£62,276

Local Sold Prices

50 sold prices from £337K to £530K, average is £416.3K. £3.2K/m² to £9.1K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£417.5K06/210.06 mi114, Harcourt Road, Thornton Heath, Greater London CR7 6BW3
£432.5K06/210.06 mi92, Harcourt Road, Thornton Heath, Greater London CR7 6BW3
£382K05/230.14 mi246, Thornton Road, Croydon, Greater London CR0 3EU3
£340K03/230.16 mi20, Stanley Grove, Croydon, Greater London CR0 3QU3
£432.5K06/230.16 mi22, Ramsey Road, Thornton Heath, Greater London CR7 6BX3
£400K02/230.18 mi4, Harcourt Road, Thornton Heath, Greater London CR7 6BU3
£500K01/230.24 mi62, Broughton Road, Thornton Heath, Greater London CR7 6AL3
£530K12/220.24 mi66, Broughton Road, Thornton Heath, Greater London CR7 6AL3
£420K07/230.25 mi286, Mitcham Road, Croydon, Greater London CR0 3JN3
£438K02/210.29 mi42, Whitehall Road, Thornton Heath, Greater London CR7 6AE3
£410K12/210.31 mi28, Westcombe Avenue, Croydon, Greater London CR0 3DA3
£400K07/230.34 mi116, Sutherland Road, Croydon, Greater London CR0 3QJ3
£405K12/200.35 mi8, Effingham Road, Croydon, Greater London CR0 3NE3
£380K01/210.36 mi11, Aurelia Road, Croydon, Greater London CR0 3BE3
£380K11/210.37 mi64, Ockley Road, Croydon, Greater London CR0 3DQ3
£360K04/210.38 mi90, Pemdevon Road, Croydon, Greater London CR0 3QP3
£384K02/210.4 mi51, Pemdevon Road, Croydon, Greater London CR0 3QQ3
£470K06/230.41 mi57, Gonville Road, Thornton Heath, Greater London CR7 6DF3
£375K02/210.41 mi68, Chapman Road, Croydon, Greater London CR0 3NW3
£485K03/230.43 mi4, Broad Green Avenue, Croydon, Greater London CR0 2ST3
£337K11/210.44 mi45, Dennett Road, Croydon, Greater London CR0 3JD3
£425K06/210.44 mi11, Fairlands Avenue, Thornton Heath, Greater London CR7 6HD3
£440K03/210.45 mi46, Fairlands Avenue, Thornton Heath, Greater London CR7 6HA3
£345K06/210.46 mi26, Addington Road, Croydon, Greater London CR0 3LU3
£440K08/210.47 mi78, Silverleigh Road, Thornton Heath, Greater London CR7 6DW3
£415K07/230.48 mi148, Kelvin Gardens, Croydon, Greater London CR0 4US3
£420K01/230.5 mi39, Chapman Road, Croydon, Greater London CR0 3NX3
£447K10/210.5 mi11, Francis Road, Croydon, Greater London CR0 2RT3
£418K06/230.52 mi96, Rochford Way, Croydon, Greater London CR0 3AH3
£430K01/230.52 mi76, Sumner Road, Croydon, Greater London CR0 3LJ3
£476K04/230.52 mi52, Grove Road, Thornton Heath, Greater London CR7 6HL3
£360K03/230.55 mi127, Bensham Lane, Thornton Heath, Greater London CR7 7EW3
£507.6K01/230.55 mi75, Euston Road, Croydon, Greater London CR0 3NS3
£390K07/230.55 mi39, Euston Road, Croydon, Greater London CR0 3NS3
£506.3K12/220.55 mi8, Kirklees Road, Thornton Heath, Greater London CR7 6HP3
£363K09/210.56 mi40, Miller Road, Croydon, Greater London CR0 3JY3
£440K06/230.57 mi151, Handcroft Road, Croydon, Greater London CR0 3LF3
£435K06/210.57 mi38, Colliers Water Lane, Thornton Heath, Greater London CR7 7LA3
£360K06/210.57 mi114, Handcroft Road, Croydon, Greater London CR0 3LE3
£380K02/210.58 mi207, Silverleigh Road, Thornton Heath, Greater London CR7 6DT3
£340K03/210.59 mi78, Mayfield Road, Thornton Heath, Greater London CR7 6DJ3
£405K04/210.59 mi190, Silverleigh Road, Thornton Heath, Greater London CR7 6DS3
£375K01/210.59 mi66, Penshurst Road, Thornton Heath, Greater London CR7 7EB3
£375K01/210.59 mi66, Penshurst Road, Thornton Heath, Greater London CR7 7EB3
£520K01/230.59 mi129, Fairlands Avenue, Thornton Heath, Greater London CR7 6HJ3
£432K07/210.6 mi57, Dovercourt Avenue, Thornton Heath, Greater London CR7 7LJ3
£387K09/210.61 mi166, Sumner Road South, Croydon, Greater London CR0 3LY3
£425K03/210.61 mi65, Mayfield Road, Thornton Heath, Greater London CR7 6DN3
£445K03/210.61 mi15, Greenwood Road, Croydon, Greater London CR0 2PN3
£340K05/210.61 mi30, Norman Road, Thornton Heath, Greater London CR7 7ED3

Local Rents

50 rents from £1.4K/mo to £3K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,20001/250.04 mi-3
£2,00003/240.15 miKeston Road, CR73
£2,10003/240.15 miKeston Road, CR73
£2,10003/240.15 miKeston Road, THORNTON HEATH3
£2,10003/240.15 miKeston Road, THORNTON HEATH3
£2,10004/240.15 miKeston Road, THORNTON HEATH3
£2,10004/240.15 miKeston Road, THORNTON HEATH3
£2,10004/240.15 miKeston Road, THORNTON HEATH3
£2,00012/240.21 miCecil Road, Croydon, CR03
£2,20012/240.22 mi-3
£2,60012/240.25 mi-3
£2,10010/230.26 miGrafton quarter, Croydon3
£2,00010/230.26 miGrafton quarter, Croydon3
£2,00010/230.26 miGrafton quarter, Croydon3
£1,80010/230.26 miGrafton quarter, Croydon3
£2,00010/230.26 miGrafton Quarter, Croydon3
£2,15012/240.29 miMitcham Road, Croydon, CR03
£2,15002/240.29 mi-3
£1,95003/240.3 mi-3
£2,00012/240.3 miWestcombe Avenue, Croydon, CR03
£3,00003/250.31 mi-3
£1,90012/240.33 mi-3
£2,40001/250.33 mi-3
£2,22012/240.35 mi-3
£1,70002/250.37 mi-3
£2,10003/240.37 mi-3
£2,30012/240.38 mi-3
£2,30012/240.4 mi-3
£2,00012/240.4 mi-3
£1,90002/250.4 mi-3
£2,30012/240.41 miChapman Road, Croydon3
£1,90002/240.42 mi-3
£2,00003/250.42 mi-3
£2,30003/250.45 mi-3
£1,90003/240.45 miWoodcroft Road, Thornton Heath3
£2,00003/240.46 miFairlands Avenue, Thornton Heath, CR73
£2,40012/240.47 miMitcham Road, Croydon, CR03
£2,40002/240.49 mi-3
£2,10001/250.5 mi-3
£2,00002/240.5 mi-3
£1,35010/230.51 miLodge Road, Croydon, CR03
£2,20003/240.52 mi-3
£2,00012/240.52 miConstance Road, West Croydon3
£2,20003/250.53 mi-3
£1,85003/240.55 miPenshurst Road, Thornton Heath, CR73
£1,85003/250.56 mi-3
£2,20005/240.56 miColliers Water Lane, CR73
£2,20002/250.56 mi-3
£1,95001/250.56 mi-3
£2,00012/240.59 miAshley Road, Thornton Heath3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 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 25, 2025

Description

  • Terraced house +
  • Three bedrooms +
  • In need of modernisation +
  • Benefiting from a rear garden +
  • Well located for the amenities of Croydon +
  • Vacant +

StrapLine Auction Sale - 08/04/2025
Of interest to investors, developers and occupiers. A three bedroom terraced house, in need of modernisation, benefiting from a rear garden. Well located for the amenities of Croydon. Vacant By order of Mountview Estates Plc

Description A traditional brick built two storey terraced house with a pitched and tile covered roof. Front and rear gardens.

Location The property is located on Boston Road situated between Donald Road and Wortley Road. Local amenities can be found on London Road, Mitcham Road and Hesterman Way. Recreational amenities of Mitcham Common, Beddington Park and Wandle Park are all easily accessible.

Transport West Croydon - National Rail Selhurst - National Rail

Accommodation Ground Floor - Dining Room, Lounge, Kitchen, Bathroom First Floor - Three Bedrooms

Agent Details

Savills Auctions, London

020 3909 6715

Next Steps?

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