2 Bed Flat, Single Let, South Croydon, CR2 6LE, £200,000

Warham Road, South Croydon, CR2 6LE - 1 views - a month ago

Sold STC
Leasehold
BTL
ROI: 11%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£223K - £437.5K
Sold Prices/m²£3.4K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£246,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,800

Rent Estimate

£1,450

Running Costs/mo

£935

Cashflow/mo

£515

Cashflow/yr

£6,180

ROI

11%

Gross Yield

9%

Local Sold Prices

49 sold prices from £223K to £437.5K, average is £310K. £3.4K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£295K09/210.07 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.07 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£270K05/230.11 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£345K05/230.19 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£306K12/200.24 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£286K12/220.3 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.3 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.3 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£248K04/230.33 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£294K04/230.35 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£250K08/210.38 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£243K02/230.43 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£325K08/210.43 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£223K07/230.44 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£305K01/230.44 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£368K05/230.44 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£330K01/230.45 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£280K02/210.49 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£437.5K12/200.55 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£321K06/210.57 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.57 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.57 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£270K02/230.59 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£297K11/200.6 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.6 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£305K01/210.63 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£310K05/230.66 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.66 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.66 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.66 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£423K11/200.75 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£292.5K02/230.78 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£250K05/230.79 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£375K03/210.8 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£255K07/230.82 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£326K09/210.84 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£285K12/210.87 mi11, Allder Way, South Croydon, Greater London CR2 6JZ2
£327K12/200.89 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£320K12/200.91 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£340K02/210.91 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£367.5K09/210.91 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.93 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.93 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£375K02/230.94 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£315K10/210.95 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£343K09/210.96 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.96 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£322.5K04/210.96 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£299.5K10/210.98 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2

Local Rents

52 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.02 miBrighton Road, SOUTH CROYDON2
£1,65012/240.07 miWarham Road, South Croydon, CR22
£1,60012/240.07 miFairhaven Court, Warham Road, South Croydon2
£2,15002/240.15 mi-2
£1,45002/240.15 mi-2
£1,45002/240.15 mi-2
£1,65012/240.19 miParker Road, Croydon2
£2,50002/250.19 mi-2
£1,70002/240.19 mi-2
£1,75002/250.21 mi-2
£1,80012/240.21 mi-2
£1,70003/240.21 mi-2
£1,75012/240.21 miHeathfield Rd, Croydon, CR02
£1,55012/240.23 miUpland Road, South Croydon2
£1,40012/240.24 miBramley Hill, South Croydon2
£1,60012/240.24 mi-2
£1,99912/240.26 miKeens Road, Croydon, CR02
£1,99902/240.26 mi-2
£1,99902/240.26 mi-2
£2,00012/240.26 miKeens Road, Croydon, CR02
£1,85012/240.26 miKeens Road, Croydon, CR02
£1,51512/240.27 miSt. Peters Road, South Croydon, Surrey, CR02
£2,00012/240.28 miTemple road, CR02
£1,50012/240.29 miTemple Road, Croydon2
£1,80002/250.29 mi-2
£1,69512/240.29 miSouth Park Hill Road, South Croydon, CR22
£1,60012/240.29 miMuggeridge Close , South Croydon2
£1,45012/240.29 miMuggeridge Close, South Croydon2
£1,60012/240.29 miMuggeridge Close, South Croydon2
£1,79512/240.29 miSouth Park Hill Road, South Croydon 2
£1,69512/240.29 miSouth Park Hill Road, South Croydon2
£1,79512/240.29 miSouth Park Hill Road, South Croydon, CR22
£1,65002/250.29 mi-2
£1,75003/250.29 mi-2
£1,65012/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,79512/240.3 miSouth Park Hill Road, South Croydon, CR22
£1,70012/240.3 mi-2
£2,80002/240.31 mi-2
£2,80002/250.31 mi-2
£1,60012/240.32 miTandon House, Park Lane, Croydon, Surrey, CR02
£1,65012/240.32 miSt. Peters Street South Croydon CR22
£1,55012/240.33 miSouth Croydon, Surrey, CR22
£1,90012/240.33 mi-2
£1,80002/250.33 mi-2
£1,70002/250.34 mi-2
£1,60012/240.34 miCoombe Road, South Croydon2
£1,60012/240.34 miCoombe Road, South Croydon2
£1,65003/250.34 mi-2
£1,50012/240.35 miHaling Road2
£1,50002/240.35 mi-2
£1,65012/240.36 miPark Lane, Croydon, Surrey, CR02
£1,95003/250.36 mi-2

Local Area Statistics

Population in CR2

48,427

Town centre distance

1.63 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-35%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £200,000

February 12, 2025

Floor Plans

Description

This two bedroom first floor apartment is not one to be missed! With its central location in South Croydon the accommodation has everything on its door step.
Located in central location in south Croydon with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.
The accommodation briefly comprises a welcoming entrance way, a spacious living room, one double bedroom, a study room that can be used as a second bedroom, a fitted kitchen and a family bathroom.
This property does require some updating which makes it perfect for someone wanting to add their own stamp to a home.

Agent Details

Bairstow Eves, Croydon South

020 3835 6104

Next Steps?

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