2 Bed Flat, Single Let, Croydon, CR0 6FJ £360,000

Cherry Orchard Road, Croydon, CR0 6FJ - 8 months ago
Leasehold
BTL
~68 m²
Property image

ValuationOvervalued

Sold Prices£190K - £660K
Sold Prices/m²£2.4K/m² - £8.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.3K/m²

Value Estimate

£299,892

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£118,700

 

 

Cash Out

 

Rent Range

£1,200 - £2,500

Rent Estimate

£1,498

Running Costs/mo

£1,445

Cashflow/mo

£53

Cashflow/yr

£641

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £190K to £660K, average is £293.5K. £2.4K/m² to £8.9K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£332.4K08/250.05 miFlat 27, 43 Rainier Apartments, Cherry Orchard Road, Croydon CR0 6FA2
£358.5K06/250.07 miFlat 48, 41 Amarelle Apartments, Cherry Orchard Road, Croydon CR0 6FL2
£334K07/230.14 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£350K07/250.14 miFlat 60, 1 Vita Apartments, Caithness Walk, Croydon CR0 2WB2
£345K06/250.14 mi41, Oval Road, Croydon CR0 6BJ2
£329.2K06/210.23 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£331.3K03/250.27 miFlat 35, 2, Tavistock Road, Croydon CR0 2AS2
£375K05/250.27 miFlat 26, 2, Tavistock Road, Croydon CR0 2AS2
£326K09/210.32 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£299.5K10/210.34 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£275K02/250.34 miLloyd House, 28, Tavistock Road, Croydon CR0 2AN2
£280K05/250.35 miFlat 25, 6 Keats Apartments, Saffron Central Square, Croydon CR0 2FT2
£292.5K02/230.37 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£225K08/250.39 miFlat 12, 3 Latitude Apartments, Fairfield Road, Croydon CR0 5BR2
£352K06/210.41 mi8a, Vincent Road, Croydon, Greater London CR0 6ED2
£335K01/250.42 mi58, Ground Floor Flat, Canning Road, Croydon CR0 6QF2
£300K01/250.46 mi83, Stretton Road, Croydon CR0 6ET2
£280K01/250.47 mi6 Fitzroy Court, 36, Whitehorse Road, Croydon CR0 2AX2
£300K04/230.47 mi63, Fisher Close, Croydon, Greater London CR0 6QY2
£275K11/210.48 mi43, East India Way, Croydon, Greater London CR0 6NZ2
£190K02/250.49 mi52a, Oakfield Road, Croydon CR0 2UB2
£335K10/210.5 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.5 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£294K03/230.52 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£275K05/250.54 mi10, Lynden Hyrst, Addiscombe Road, Croydon CR0 5PD2
£282.5K06/230.55 mi45a, Havelock Road, Croydon, Greater London CR0 6QQ2
£660K06/210.57 mi65, Addiscombe Road, Croydon, Greater London CR0 6SD2
£290K04/250.57 mi65, Lynden Hyrst, Addiscombe Road, Croydon CR0 5PL2
£375K02/230.59 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£340K01/250.6 mi70a Havelock Hall, 2, Havelock Road, Croydon CR0 6QP2
£257K08/210.62 mi33, Burnham Gardens, Croydon, Greater London CR0 6NP2
£266K02/230.62 mi30, Burnham Gardens, Croydon, Greater London CR0 6NP2
£265K01/230.62 mi42, Burnham Gardens, Croydon, Greater London CR0 6NP2
£255K07/230.62 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£260K06/210.63 mi53d, Outram Road, Croydon, Greater London CR0 6XG2
£375K04/250.64 miFlat 41, 6, Scarbrook Road, Croydon CR0 1UH2
£367.5K09/210.66 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£295K11/210.67 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£270K02/230.68 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£343K09/210.68 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£293K05/250.69 miFlat 2, 55, Edridge Road, Croydon CR0 1EG2
£293K05/250.69 mi55, Edridge Road, Croydon CR0 1EG2
£290K07/250.69 mi8, Farley Croft, Ashburton Road, Croydon CR0 6AQ2
£280K05/250.7 mi3, 9 Furze Court, Ashburton Road, Croydon CR0 6AP2
£298K01/230.76 miFlat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT2
£320K12/220.76 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£260K01/250.79 mi70, Steep Hill, Croydon CR0 5QU2
£258K02/250.79 mi189 Gary Court, Flat 39, London Road, Croydon CR0 2DR2
£277.5K08/250.81 mi11, 85 Wren Court, Coombe Road, Croydon CR0 5SP2
£220K03/230.81 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2

Local Rents

50 rents from £1.2K/mo to £2.5K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,79510/250.01 miLuxury Apartment2
£1,80003/250.01 mi-2
£1,85005/250.01 miCherry Orchard Road, Croydon, CR02
£1,75009/250.02 miCherry Orchard Road, East Croydon2
£2,50003/250.02 mi-2
£2,30005/250.02 miSantina Apartments, 45 Cherry Orchard Road, Croydon, CR02
£1,78008/250.02 miMaraschino Apartments, Morello, 47 Cherry Orchard Road, Croydon, London, CR02
£1,78009/250.02 miMaraschino Apartments, Morello, 47 Cherry Orchard Road, Croydon, London, CR02
£2,00012/240.02 miSantina Apartments, Cherry Orchard Road, Croydon2
£2,10006/250.02 miSantina Apartments, Cherry Orchard Road, Croydon2
£1,85011/250.03 miCherry Orchard Road, Croydon2
£1,85010/250.03 miSantina Apartments, East Croydon, Croydon, CR02
£1,80011/250.03 miSantina Apartments, East Croydon, Croydon, CR02
£1,84612/240.03 miSantina Apartments, Morello, Croydon CR02
£1,85010/250.03 miCherry Orchard Road, Croydon CR02
£1,85103/250.03 mi-2
£2,00011/250.03 miCross Road, CROYDON2
£1,79506/250.04 miCherry Orchard Road, East Croydon2
£1,75012/240.04 miCherry Orchard Road, Croydon2
£1,85011/250.04 miCherry Orchard Road, Croydon2
£1,85012/240.04 miSixth Floor two Bedroom, two bathroom with balcony 2
£1,99508/250.04 miRainier Apartments, 43 Cherry Orchard Road, Croydon, CR02
£1,89810/250.04 miRainier Apartments, 43 Cherry Orchard Road, Croydon, CR02
£1,85012/240.04 miSixth Floor two Bedroom, two bathroom with balcony 2
£2,40007/250.05 miCross Road, Croydon, CR02
£1,90012/240.05 miCherry Orchard Road, Rainier Apartments, CR02
£1,90012/240.05 miCherry Orchard Road, Rainier Apartments, CR02
£2,10006/250.05 miCherry Orchard Road, East Croydon, Croydon, CR02
£2,10006/250.05 miCherry Orchard Road, East Croydon, Croydon, CR02
£2,00010/250.05 miCherry Orchard Road, East Croydon, Croydon, CR02
£2,00012/240.05 miCherry Orchard Road, Croydon, CR02
£1,80011/250.05 miCherry Orchard Road, Croydon2
£1,95008/250.05 miRainier Apartments, 43 Cherry Orchard Road, Croydon, CR02
£1,20009/250.05 mi-2
£1,75010/250.05 miCherry Orchard Road, Croydon CR02
£1,80010/250.05 miCherry Orchard Road, CROYDON2
£1,90012/240.06 miCherry Orchard Road, Croydon2
£1,85012/240.06 miCherry Orchard Road, Croydon2
£1,85012/240.06 miCherry Orchard Road, Croydon2
£1,80010/250.06 miCross Road, CROYDON2
£1,60009/250.06 miCross Road, Croydon, CR02
£1,75003/240.07 mi-2
£1,80012/240.07 miYardmaster House, Croydon, CR02
£2,45007/250.07 miAmarelle Apartments, 41 Cherry Orchard Road, Croydon CR02
£1,75012/240.08 miCherry Orchard Road, CROYDON2
£1,99511/250.08 miCherry Orchard Road, Croydon, London, CR02
£1,89809/250.08 miSantina Apartments, Morello, 45 Cherry Orchard Road, Croydon, London, CR02
£1,70006/250.08 mi-2
£1,65002/240.09 mi-2
£1,75012/240.09 miOval Road, Croydon, CR02

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Price changed to £360,000

May 16, 2025

Listed for £375,000

April 2, 2025

Floor Plans

Property image

Description

  • Immaculate condition, ready to move in +
  • 3 mins to East Croydon Station +
  • Large master bedroom with en-suite bathroom +
  • Large balcony +
  • Secure property with two fob-only access doors +
  • Secure bike racks in basement +
  • On-site gym +
  • Concierge service +
  • Secure underground parking with electric charging spots +

*Vendor's comments* "This was my very first property as a young professional, and after spending the last seven years living here, it’s a bittersweet moment. I love this space, but we now need to upsize. The flat is in the best location you could ask for—less than a three-minute walk to East Croydon Station, with access to London Victoria in 20 minutes, London Bridge in under 15 minutes, Gatwick Airport in 15 minutes, you won’t want to fly from anywhere else again! Or make your way to Brighton in under an hour for a seaside escape. The route from the station to the flat is well-lit and usually has a long line of black taxis, so my wife always feels very safe walking home at night. There’s a gym downstairs, as well as an incredibly helpful concierge team, led by the wonderful Sandra, who handles all deliveries. The underground parking even offers dedicated electric charging spaces for those who love hybrid or electric cars. One of its standout features is the a spacious balcony, which we’ve decorated with plants and a cosy egg chair for the summer months. Residents also have access to a large private garden, located right in front of the balcony, where people often bring their dogs -my wife is obsessed! There’s also another garden behind the building, offering more privacy—perfect for a summer picnic. During the COVID lockdown, I discovered Park Hill Park, just a five-minute walk from the flat. It’s a beautiful, small park with stunning cherry blossoms in spring, tennis courts, and an elevated area that offers breath-taking views of the surrounding landscape. If you're looking for a larger green space, Lloyd Park is only a seven-minute drive away—a huge open area, ideal for long walks with kids, pets, or simply to unwind."

Agent Details

Truuli, Croydon

020 3834 8533

Next Steps?

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