4 Bed Flat, Single Let, Croydon, CR0 2EB, £180,000

230A Sydenham Road, Croydon, Surrey, CR0 2EB - 2 views - 9 days ago

Leasehold
Auction
BTL
ROI: 17%
82 m²
+8 photos

ValuationUndervalued

Sold Prices£275K - £850K
Sold Prices/m²£2.3K/m² - £8.4K/m²

 

 

Square Metres

82 m²
Price/m²£2.2K/m²

Value Estimate

£223,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£1,400 - £5,300

Rent Estimate

£1,688

Running Costs/mo

£920

Cashflow/mo

£768

Cashflow/yr

£9,215

ROI

17%

Gross Yield

11%

Local Sold Prices

11 sold prices from £275K to £850K, average is £390K. £2.3K/m² to £8.4K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£280K08/231.75 miFlat 12, Shirley Court, London Road, London, Greater London SW16 4XA4
£850K03/212.03 mi2, Woodview Mews, London, Greater London SE19 2BN4
£377.5K01/232.08 mi9a, Seymour Terrace, London, Greater London SE20 8SA4
£580K08/232.4 mi34, Waldegrave Road, London, Greater London SE19 2AJ4
£400K10/202.6 mi8, Ridgemount Close, London, Greater London SE20 8NJ4
£550K04/212.65 mi108b, Oakfield Road, London, Greater London SE20 8RQ4
£275K05/212.81 mi3, Bridge Road, Wallington, Greater London SM6 8TG4
£350.5K11/212.82 mi8a, Alexandra Drive, London, Greater London SE19 1AJ4
£390K10/202.89 mi11b, Clarendon Road, Wallington, Greater London SM6 8QX4
£373K07/212.89 mi25b, Clarendon Road, Wallington, Greater London SM6 8QX4
£411K03/232.96 mi41, Lavender Road, Carshalton, Greater London SM5 3EF4

Local Rents

50 rents from £1.4K/mo to £5.3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£3,00002/240.02 mi-6
£3,00012/240.02 miSydenham Road, Croydon, CR06
£2,10012/240.03 miSydenham Road, Croydon, CR03
£1,75012/240.05 miGrenaby Avenue, Croydon, CR03
£1,75012/240.05 miGrenaby Avenue, Croydon, CR03
£2,85012/240.06 miGrenaby Avenue, Croydon, CR03
£2,85003/240.06 mi-3
£1,99512/240.11 mi-3
£1,40010/230.11 miJohnson Road, Croydon, CR03
£2,35012/240.14 mi-3
£1,90012/240.14 mi-3
£2,20012/240.14 miClarence Road, Croydon, CR03
£2,20012/240.15 miClarence Road, Croydon, CR03
£2,10012/240.16 miSydenham Road, CROYDON3
£5,30012/240.16 mi-4
£2,50012/240.2 miFreemasons Road, Croydon, CR03
£2,20003/250.21 mi-4
£1,95012/240.21 miDavidson Road, Croydon, CR03
£1,95012/240.21 miDavidson Road, Croydon, CR03
£1,95012/240.22 miDavidson Road, Croydon, CR03
£1,95012/240.22 miDavidson Road, Croydon, CR03
£2,40002/250.23 mi-3
£2,10012/240.24 miAlpha Road, East Croydon, CR03
£2,00012/240.24 miCross Road, CROYDON3
£1,90003/240.25 mi-3
£2,80003/240.25 mi-4
£2,70012/240.25 mi-4
£2,60002/250.25 mi-4
£2,60003/250.25 mi-4
£1,90012/240.25 miAlpha Road, Croydon, CR03
£2,00012/240.26 miDavidson Road, Croydon, CR03
£2,70003/250.27 mi-4
£2,50012/240.28 miAlexandra Road, Croydon, CR03
£2,50012/240.28 miAlexandra Road, Croydon, CR03
£1,90012/240.28 mi-3
£2,30012/240.28 miAlexandra Road, Croydon, CR03
£1,69503/250.28 mi-3
£5,15002/250.3 mi-6
£2,50012/240.32 miMorland Avenue, Croydon, Surrey, CR04
£2,85012/240.32 miVincent Road, Croydon, Surrey, CR04
£2,70003/250.33 mi-5
£3,50012/240.33 mi-5
£1,90012/240.33 miWellesely, Croydon, CR03
£1,90003/240.33 mi-3
£2,65012/240.34 mi-3
£3,50003/250.34 mi-3
£2,20012/240.34 mi-3
£2,00003/240.34 mi-3
£1,80003/250.35 mi-3
£1,62503/240.36 mi-3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £180,000

March 27, 2025

Floor Plans

Description

Guide Price = **£180,000+

For Sale By Public Auction 23rd April 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Vacant Lower Ground and Ground Floor Six Room Split Level Flat

**Tenure
Leasehold. The property is held on a 125 year lease from 28th April 1987 (thus approximately 87 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Wandle Park are within easy reach. Transport links are provided by West Croydon overground station and rail station.

Description
The property comprises a lower ground and ground floor six room split level flat situated within a mid terrace building arranging over ground lower ground, ground and two upper floors. There may be potential to convert the property into 2 flats (subject to obtaining all relevant consents)

Accommodation
Lower Ground Floor
Two Bedrooms (One with En-Suite)

Ground Floor
Two Reception Rooms
Two Bedrooms
Two Bathrooms

G.I.A approximately 129 m2 (1,399 sp.ft.)

Exterior
The property benefits from a private rear garden and off street parking.

EPC Rating
C

Viewing Schedule (No Booking Required)

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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