2 Bed Flat, Single Let, Croydon, CR0 1ES, £400,000

Heathfield Road, South Croydon, CR0 1ES - 17 days ago

Leasehold
BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£215K - £437.5K
Sold Prices/m²£2.8K/m² - £12.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£324,662

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,800

Rent Estimate

£1,556

Running Costs/mo

£1,581

Cashflow/mo

£-25

Cashflow/yr

£-302

Gross Yield

5%

Local Sold Prices

50 sold prices from £215K to £437.5K, average is £308K. £2.8K/m² to £12.2K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£306K12/200.05 mi4a, St Peters Road, Croydon, Greater London CR0 1HD2
£270K05/230.22 miFlat 9, Ruskin House, Selsdon Road, South Croydon, Greater London CR2 6PW2
£295K09/210.22 mi36a, Warham Road, South Croydon, Greater London CR2 6LA2
£380K01/230.22 mi28a, Warham Road, South Croydon, Greater London CR2 6LA2
£294K04/230.23 miThe First Floor Maisonette, 6, West Street, Croydon, Greater London CR0 1DG2
£345K05/230.24 miGround Floor Flat, 19, Bramley Hill, South Croydon, Greater London CR2 6LX2
£286K12/220.36 mi4, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£275K01/230.36 mi50, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£315K12/200.37 mi48, Waldronhyrst, South Croydon, Greater London CR2 6NY2
£243K02/230.37 miFlat 4, Southdown Court, Birdhurst Road, South Croydon, Greater London CR2 7EA2
£248K04/230.39 mi29, Waldronhyrst, South Croydon, Greater London CR2 6NZ2
£330K01/230.42 mi2f, Birdhurst Rise, South Croydon, Greater London CR2 7ED2
£250K08/210.42 miFlat 8, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP2
£270K02/230.45 mi24, Charles Street, Croydon, Greater London CR0 1TR2
£368K05/230.47 mi72a, Croham Road, South Croydon, Greater London CR2 7BD2
£280K02/210.53 mi1, Sycamore Close, South Croydon, Greater London CR2 7LN2
£305K01/230.54 mi13, Birchend Close, South Croydon, Greater London CR2 7DS2
£292.5K02/230.59 mi89, Granville Close, Croydon, Greater London CR0 5PY2
£223K07/230.6 mi271, Violet Lane, Croydon, Greater London CR0 4HN2
£305K01/210.61 mi44, Campden Road, South Croydon, Greater London CR2 7EN2
£310K05/230.61 mi82, Campden Road, South Croydon, Greater London CR2 7EP2
£285K12/200.61 mi88, Campden Road, South Croydon, Greater London CR2 7EP2
£355K12/220.61 mi56, Campden Road, South Croydon, Greater London CR2 7EP2
£332.5K06/230.61 mi70, Campden Road, South Croydon, Greater London CR2 7EP2
£325K08/210.61 miGround Floor Flat, 106, Brighton Road, South Croydon, Greater London CR2 6AD2
£375K03/210.62 mi44, Granville Close, Croydon, Greater London CR0 5PX2
£326K09/210.65 mi6, Garrick Crescent, Croydon, Greater London CR0 5PW2
£255K07/230.66 mi54, Chichester Road, Croydon, Greater London CR0 5NB2
£250K05/230.71 mi114b, Waddon New Road, Croydon, Greater London CR0 4JE2
£320K12/200.72 mi93, Turnpike Link, Croydon, Greater London CR0 5NU2
£327K12/200.73 mi44, Green Acres, Croydon, Greater London CR0 5UX2
£437.5K12/200.74 miLower Maisonette, 67, Avondale Road, South Croydon, Greater London CR2 6JE2
£340K02/210.75 mi25, Green Acres, Croydon, Greater London CR0 5UW2
£335K10/210.76 mi12, Fleetwood Close, Croydon, Greater London CR0 5HD2
£287K08/210.76 mi32, Fleetwood Close, Croydon, Greater London CR0 5HD2
£367.5K09/210.76 mi36, Green Acres, Croydon, Greater London CR0 5UW2
£321K06/210.76 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£321K06/210.76 mi9, St Anns Way, South Croydon, Greater London CR2 6DN2
£300K02/210.76 mi39, St Anns Way, South Croydon, Greater London CR2 6DN2
£375K02/230.77 mi35, Bardsley Close, Croydon, Greater London CR0 5PS2
£297K11/200.79 mi209, Pampisford Road, South Croydon, Greater London CR2 6DF2
£290K03/210.79 mi211, Pampisford Road, South Croydon, Greater London CR2 6DF2
£299.5K10/210.79 mi17, Leyburn Gardens, Croydon, Greater London CR0 5NL2
£343K09/210.81 mi12, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£318K11/200.81 mi17, Coverdale Gardens, Croydon, Greater London CR0 5LS2
£329.2K06/210.86 mi35a, Chisholm Road, Croydon, Greater London CR0 6UQ2
£334K07/230.91 mi44a, Oval Road, Croydon, Greater London CR0 6BJ2
£423K11/200.93 mi2, Churchill Road, South Croydon, Greater London CR2 6HA2
£215K04/210.97 mi1, Rodney Close, Croydon, Greater London CR0 3RX2
£248K04/210.99 mi50c, Canning Road, Croydon, Greater London CR0 6QF2

Local Rents

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

RentDateDistanceAddressBeds 
£1,70003/240.02 mi-2
£1,75012/240.02 miHeathfield Rd, Croydon, CR02
£1,70002/240.07 mi-2
£1,45002/240.08 mi-2
£1,45002/240.08 mi-2
£1,51512/240.09 miSt. Peters Road, South Croydon, Surrey, CR02
£1,80012/240.1 mi-2
£1,95003/250.1 mi-2
£2,00012/240.11 miTemple road, CR02
£1,60012/240.12 miTandon House, Park Lane, Croydon, Surrey, CR02
£2,80002/240.14 mi-2
£2,80002/250.14 mi-2
£1,75003/250.14 mi-2
£1,35004/250.14 mi-2
£1,50012/240.15 miTemple Road, Croydon2
£1,65012/240.15 miParker Road, Croydon2
£1,99912/240.16 miKeens Road, Croydon, CR02
£1,99902/240.16 mi-2
£1,99902/240.16 mi-2
£1,65012/240.17 miPark Lane, Croydon, Surrey, CR02
£2,00012/240.17 miKeens Road, Croydon, CR02
£1,85012/240.17 miKeens Road, Croydon, CR02
£1,60012/240.17 miCoombe Road, South Croydon2
£1,60012/240.17 miCoombe Road, South Croydon2
£1,95003/250.18 mi-2
£1,60012/240.19 miBrighton Road, SOUTH CROYDON2
£1,70002/250.2 mi-2
£1,59903/240.2 mi-2
£1,67512/240.21 mi-2
£1,65012/240.21 miPark Lane, Croydon, CR02
£1,75012/240.21 miPark Lane, Croydon, CR02
£2,20012/240.21 miPark Lane, Croydon2
£1,75012/240.21 miPark Lane, Croydon, Surrey, CR02
£1,75012/240.21 miPark Lane, Croydon, CR02
£1,75003/250.21 mi-2
£2,60012/240.23 mi-2
£1,85001/250.23 mi-2
£1,85012/240.23 miHigh Street, Croydon, CR02
£1,80012/240.24 miBrand New Luxury Apartment2
£1,79902/240.24 mi-2
£1,50012/240.24 miChatsworth Road, Croydon, Surrey, CR02
£1,60012/240.24 miHigh Street, Croydon, CR02
£1,65012/240.24 miWarham Road, South Croydon, CR22
£2,50002/250.25 mi-2
£1,65012/240.25 miPark Lane, Croydon, Surrey, CR02
£1,60012/240.25 miFairhaven Court, Warham Road, South Croydon2
£1,60012/240.25 mi-2
£1,60012/240.26 miWoodstock Road, Croydon2
£1,80012/240.26 miLeon House, High Street, Croydon2
£1,70012/240.26 miChatsworth Road, Croydon2
£1,50002/240.27 mi-2
£1,55003/240.27 mi-2

Local Area Statistics

Population in CR0

153,803

Population in Croydon

153,811

Town centre distance

1.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £400,000

March 24, 2025

Floor Plans

Description

  • Two Large Double Bedrooms +
  • First Floor Conversion Flat +
  • Lease in Excess of 900 Years +
  • 44' x 39' Private South/ West Facing Rear Garden +
  • 860 SQFT of Floor Space +
  • 18'11 Lounge/ Dining Room +
  • Large Kitchen/ Breakfast Room +
  • Off-Road Parking Space +
  • 0.3 Miles from South Croydon Train Station +
  • EPC EER E +

Exceptionally Spacious Large Garden Parking Space A well-presented two double bedroom first floor conversion flat situated within this popular residential road, conveniently located only 0.3 miles from South Croydon train station & nearby several local bus routes.

Forming the entire first floor of this detached period property, this bright & spacious apartment enjoys good decor throughout, is fully double glazed and has gas central heating. The property boasts a lease in excess of 900 years, has a private off-road parking space and features a landscaped 44' x 39' private rear garden that enjoys a South/ West facing aspect. Along with being particularly well laid out, this property also has high-ceilings and access to a large loft-space.

The accommodation comprises two well-proportioned double bedrooms, an 18'11 lounge/ dining room with feature fireplace, a stylish bathroom suite with shower over-bath, a spacious landing with fitted cupboard & loft access and a 13' x 12' kitchen/ breakfast room. Externally, the garden enjoys excellent privacy, is mostly laid to lawn and has a patio area for alfresco dining. With no buildings to shade the garden and with an excellent aspect, it really is the perfect sunny garden.

Furthermore, this property sits moments away from an array of shops, cafes & restaurants, and nearby Park Hill park which is arguably one of Croydon's most popular green spaces. In our opinion this property would make an excellent first time buy.

Agent Details

Folklands, Croydon

020 3910 6211

Next Steps?

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