3 Bed Terraced House, Refurb/BRRR, Croydon, CR0 9EJ, £319,950

The Lindens, New Addington, Croydon, CR0 9EJ - 2 views - 12 days ago

Refurb/BRRR
ROI: 3%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£290K - £760K
Sold Prices/m²£3.2K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£326,349

 

 

End Value (After Refurb)

£418,500

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£79,988

Stamp Duty & Legal Fees

£23,195

Refurb Costs

£49,155

Bridging Loan Interest

£8,399

Total Cash In

£162,486

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£418,500

Agent Fees (1%)

£4,185

Bridging Loan

£239,963

Bridging Loan Interest

£8,399

Flip Profit

£11,866

Local Sold Prices

50 sold prices from £290K to £760K, average is £400K. £3.2K/m² to £8.2K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£355K12/220.15 mi67, Underwood, New Addington, Croydon, Greater London CR0 9EH3
£352.5K08/210.19 mi93, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£307K12/200.19 mi125, Dunley Drive, New Addington, Croydon, Greater London CR0 0RJ3
£295K10/210.25 mi55, Elmside, New Addington, Croydon, Greater London CR0 9DU3
£312K02/210.27 mi96, Applegarth, New Addington, Croydon, Greater London CR0 9DH3
£292K12/200.3 mi53, Brierley, New Addington, Croydon, Greater London CR0 9DQ3
£365K07/210.33 mi46, Claygate Crescent, New Addington, Croydon, Greater London CR0 0RA3
£290K11/200.35 mi23, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£330K12/220.35 mi41, Brierley, New Addington, Croydon, Greater London CR0 9DP3
£400K05/230.35 mi100, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£355K02/230.35 mi62, Headley Drive, New Addington, Croydon, Greater London CR0 0QF3
£315K07/230.38 mi40, Applegarth, New Addington, Croydon, Greater London CR0 9DB3
£450K02/230.41 mi25, Headley Drive, New Addington, Croydon, Greater London CR0 0QH3
£326K12/210.43 mi60, Bygrove, New Addington, Croydon, Greater London CR0 9DG3
£320K12/200.48 mi170, Headley Drive, New Addington, Croydon, Greater London CR0 0QJ3
£435K04/210.49 mi88, Addington Village Road, Croydon, Greater London CR0 5AQ3
£440K11/210.49 mi84, Addington Village Road, Croydon, Greater London CR0 5AQ3
£365K12/200.5 mi71, Thursley Crescent, New Addington, Croydon, Greater London CR0 0PR3
£370K09/210.63 mi35, Goldcrest Way, New Addington, Croydon, Greater London CR0 0PL3
£377.5K09/210.63 mi157, King Henrys Drive, New Addington, Croydon, Greater London CR0 0PH3
£440K06/230.73 mi5, Aldrich Crescent, New Addington, Croydon, Greater London CR0 0NP3
£496K07/210.76 mi8, Falconwood Road, Croydon, Greater London CR0 9BB3
£400K07/230.77 mi29, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£380K07/210.77 mi87, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£377.5K01/210.77 mi41, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£371K08/210.77 mi55, Shaxton Crescent, New Addington, Croydon, Greater London CR0 0NW3
£500K05/210.79 mi10, Huntingfield, Croydon, Greater London CR0 9BA3
£390K04/210.8 mi4, Dovedale Close, Owlsmoor, Sandhurst, Bracknell Forest GU47 0YG3
£472.5K03/210.81 mi70, Falconwood Road, Croydon, Greater London CR0 9BD3
£500K03/230.81 mi80, Falconwood Road, Croydon, Greater London CR0 9BD3
£750K11/220.83 mi146, The Grove, West Wickham, Greater London BR4 9JZ3
£750K06/210.83 mi1, Tudor Gardens, West Wickham, Greater London BR4 9LX3
£670K03/210.83 mi12, Tudor Gardens, West Wickham, Greater London BR4 9LX3
£608K06/210.83 mi29, Layhams Road, West Wickham, Greater London BR4 9HD3
£523K04/230.83 mi119, Falconwood Road, Croydon, Greater London CR0 9BF3
£485K04/230.84 mi4, Grenville Road, New Addington, Croydon, Greater London CR0 0NY3
£335K03/210.89 mi31, Parkway, New Addington, Croydon, Greater London CR0 0JA3
£325K11/200.89 mi11, Bothwell Road, New Addington, Croydon, Greater London CR0 0NR3
£325K06/230.89 mi33, Montacute Road, New Addington, Croydon, Greater London CR0 0JF3
£455K03/230.91 mi22, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£460.8K07/230.91 mi52, Parkway, New Addington, Croydon, Greater London CR0 0LA3
£650K06/220.91 mi83, Layhams Road, West Wickham, Greater London BR4 9HE3
£585K03/210.91 mi26, Featherbed Lane, Croydon, Greater London CR0 9AE3
£390K06/230.92 mi31, Windham Avenue, New Addington, Croydon, Greater London CR0 0HY3
£575K09/210.94 mi31, Sylvan Way, West Wickham, Greater London BR4 9HA3
£760K01/230.94 mi33, Oaklands Avenue, West Wickham, Greater London BR4 9LF3
£540K01/210.95 mi97, Layhams Road, West Wickham, Greater London BR4 9HE3
£496K11/210.96 mi26, Crossways, South Croydon, Greater London CR2 8JL3
£485K02/210.96 mi10, Crossways, South Croydon, Greater London CR2 8JL3
£660K10/220.96 mi115, Chestnut Avenue, West Wickham, Greater London BR4 9EU3

Local Rents

15 rents from £1.4K/mo to £2.7K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,95012/240.08 mi-3
£2,05011/240.09 mi-3
£2,70010/240.11 mi-3
£2,70011/240.11 mi-3
£2,69010/240.13 mi-3
£2,05012/240.23 mi-3
£2,00011/230.25 mi-3
£2,50011/240.26 mi-3
£2,40011/240.26 mi-3
£2,00004/250.27 mi-3
£2,10010/230.29 mi-3
£1,85001/240.47 mi-3
£2,00012/240.48 mi-3
£1,44112/240.53 miHeadley Drive, CR03
£2,40002/250.61 mi-3

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

2.41 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £319,950

April 2, 2025

Floor Plans

Description

  • No Onward Chain +
  • Entrusted to Webbs +
  • Three Bedroom House +
  • Requires Refurbishment +
  • Great Transport Links +
  • Close to Schools +
  • Close to Shops +
  • Gas Central Heating +
  • Downstairs WC +
  • Fitted Kitchen +

NO CHAIN. Webbs are pleased to offer this three bedroom terraced house in New Addington. The property is situated close to local schools, shops, New Addington Parade, leisure centre and great transport links to East Croydon via bus or tram. Throughout the property is in need of modernisation and consists of an entrance hall, downstairs WC, kitchen, lounge with part partitioned dining room, stairs and landing, three good size bedrooms and a family bathroom. This property offers you great transport links and the opportunity to make this good size family home into the house of your dreams. The construction of this property is Laing Easi-form, although these are highly mortgageable, we advise you to check with your mortgage provider before viewing.

Council Tax Band: C (Croydon Council)
Tenure: Freehold

Agent Details

Webbs Estate Agents, Croydon

020 3907 3577

Next Steps?

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