2 Bed Flat, Single Let, CR7 7JE, £110,000

Brigstock Road, Thornton Heath, CR7 7JE - 7 views - 2 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 27%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£151K - £395K
Sold Prices/m²£2.4K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£135,300
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£1,300 - £2,503

Rent Estimate

£1,354

Running Costs/mo

£635

Cashflow/mo

£719

Cashflow/yr

£8,633

ROI

27%

Gross Yield

15%

Local Sold Prices

50 sold prices from £151K to £395K, average is £282.5K. £2.4K/m² to £6K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£195K12/220.3 mi30a, Broughton Road, Thornton Heath, Greater London CR7 6AL2
£340K09/220.33 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£280K06/210.38 mi127a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR2
£275K12/200.46 mi34, Totton Road, Thornton Heath, Greater London CR7 7QR2
£296.5K03/210.47 miGround Floor Flat, 23, Melfort Road, Thornton Heath, Greater London CR7 7RS2
£260K09/210.48 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£287.5K08/230.48 mi56, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£260K09/220.48 mi53, St Christophers Gardens, Thornton Heath, Greater London CR7 7NS2
£295K03/230.51 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£261K07/210.51 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£320K02/230.51 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£259K05/210.52 miFlat A, 31, Galpins Road, Thornton Heath, Greater London CR7 6EL2
£295K08/210.52 mi216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW2
£151K01/210.53 mi128, Melfort Road, Thornton Heath, Greater London CR7 7RP2
£290K10/210.54 mi9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ2
£300K03/210.58 miFirst Floor Flat, 211, Melfort Road, Thornton Heath, Greater London CR7 7RU2
£290K07/230.59 mi125, Queens Road, Croydon, Greater London CR0 2PT2
£260K09/210.59 mi125a, Queens Road, Croydon, Greater London CR0 2PT2
£185K06/210.6 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£286K05/230.65 mi46, Greenside Road, Croydon, Greater London CR0 3PL2
£345K11/210.65 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£375K03/210.66 mi7, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£263K02/230.66 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£285K11/200.66 mi53, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£268K03/210.66 mi6, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£275K08/210.66 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£270K10/210.66 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£240K07/230.68 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£265K08/210.7 mi17a, Henderson Road, Croydon, Greater London CR0 2QG2
£255K03/230.73 mi69a, Greenside Road, Croydon, Greater London CR0 3PQ2
£220K03/230.76 mi183a, Whitehorse Road, Croydon, Greater London CR0 2LJ2
£295K11/210.77 mi16, Prestwood Gardens, Croydon, Greater London CR0 2TW2
£307K08/210.77 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£275K06/210.77 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.77 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£295K12/220.8 mi63b, Saxon Road, London, Greater London SE25 5EH2
£235K02/230.82 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£273K11/200.83 mi86, Windsor Road, Thornton Heath, Greater London CR7 8HF2
£325K10/220.83 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£255K06/210.85 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£395K06/210.87 miLower Flat, 21, Beatrice Avenue, London, Greater London SW16 4UW2
£240K05/230.88 mi5, Parchmore Way, Thornton Heath, Greater London CR7 8HL2
£305K04/230.91 mi79, Onslow Road, Croydon, Greater London CR0 3NY2
£288K02/210.91 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£346K01/210.93 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£245K03/230.96 mi11, Sumner Gardens, Croydon, Greater London CR0 3LP2
£308.6K09/210.97 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£294K03/230.98 mi31a, Clarence Road, Croydon, Greater London CR0 2EN2
£320K12/220.99 miFlat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN2
£280K01/210.99 mi98, Eastney Road, Croydon, Greater London CR0 3TE2

Local Rents

51 rents from £1.3K/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55004/240.01 miQueens Court, Colliers Water Lane, Thornton Heath, CR72
£1,51702/250.12 mi-2
£1,45003/250.15 mi-2
£2,00003/240.17 miBeverstone Road, Thornton Heath, CR72
£1,60004/240.17 miLondon Road, Thornton Heath, CR72
£1,60002/250.2 mi-2
£1,70002/250.2 mi-2
£1,70002/250.2 mi-2
£1,70002/250.2 mi-2
£1,70002/250.2 mi-2
£1,70002/250.2 mi-2
£1,70003/250.2 mi-2
£1,70002/250.2 mi-2
£1,70003/250.2 mi-2
£1,65002/250.2 mi-2
£1,60003/250.2 mi-2
£1,75002/250.21 mi-2
£2,27503/250.22 mi-2
£2,50303/250.22 mi-2
£1,55003/240.24 miBrigstock Road, Thornton Heath, CR72
£1,70004/240.24 miLakehall Road, THORNTON HEATH2
£1,65005/240.24 miLakehall Road, THORNTON HEATH2
£1,50005/240.26 mi-2
£1,50005/240.26 miBensham Lane, Thornton Heath, CR72
£2,00002/250.26 mi-2
£1,57012/240.27 mi-2
£1,70005/240.3 miLondon Road, Thornton heath, Surrey, CR72
£1,69902/250.3 mi-2
£1,30003/240.3 miHeathview Road, THORNTON HEATH2
£1,80004/240.31 miBensham Lane, Thornton Heath, CR72
£1,80004/240.31 miBensham Lane, Thornton Heath, CR72
£1,85004/240.32 miBensham Lane, Thornton Heath, CR72
£1,85004/240.32 mi-2
£1,60005/240.32 mi-2
£1,60003/240.32 miVictoria Cross House, Thornton Heath, CR72
£1,70003/240.32 miBensham Lane, Thornton Heath2
£1,60003/240.32 miBensham Lane, CR72
£1,65002/240.34 mi-2
£1,65003/240.34 mi-2
£1,65003/240.35 miEcclesbourne Road, Thornton Heath, CR72
£1,65003/240.35 mi-2
£1,65003/240.35 mi-2
£1,65004/240.36 miQuadrant Road, Thornton Heath2
£2,00003/240.37 mi-2
£2,05003/240.37 mi-2
£1,50012/240.38 mi-2
£1,65003/240.38 miEcclesbourne Road, Thornton Heath , Surrey, CR72
£1,65003/240.38 miEcclesbourne Road, Thornton Heath, London, CR72
£1,65003/240.38 miGonville RoadThornton HeathSurrey2
£1,65003/240.38 miGonville RoadThornton HeathSurrey2
£1,85002/240.39 mi-2

Local Area Statistics

Population in cr7

44,620

Nearest school

0.20 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £110,000

January 21, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Two Bedrooms +
  • Close to public transport +
  • Top Floor +

A first floor, two bedroom conversion, which is an ideal investment opportunity.

The property comprises open-plan reception/kitchen, family bathroom with separate WC and two double bedrooms. Brigstock Road is located 0.5 miles to Thornton Heath Station and 0.5 miles from the local amenities of London Road.

Section 42 notice to be served on completion.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 49
Annual Ground Rent Amount: £20.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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