London Road, Croydon, CR0
MA

London Road, Croydon, CR0

By Mann

£ 230,000

Reviews

2 out of 5 stars

Mann says ..

IDEAL INVESTMENT/FIRST PURCHASE. TWO DOUBLE BEDROOM PURPOSE CENTRALLY LOCATED TO ALL AMENITIES. This first floor purpose built apartment is offered with no onward chain and briefly comprises entrance hall, living room, two bedrooms and bathroom. This property would benefit from s...

Property Oracle says ..

This two-bedroom, two-bathroom apartment located on London Road, Croydon, is presented as an investment or first-time buyer opportunity. The property’s major advantage is its location; it’s conveniently situated near West Croydon station, offering easy access to public transport, and is also close to several well-regarded schools, including Harris Invictus Academy Croydon (rated ‘Outstanding’ by Ofsted). The local area also benefits from a range of shops and amenities along London Road.

However, the property is in need of significant renovation. The provided photographs clearly show that at least one bathroom is incomplete, and other areas of the apartment require attention. This will add considerable cost to the purchase price. The lack of outdoor space is another factor to consider; the property is an apartment with no garden or private outdoor area.

In summary, this property presents a mixed picture. The location is a strong selling point, offering convenience and access to good schools and transport. However, the significant renovation work required and the lack of outdoor space must be carefully weighed against the purchase price. Prospective buyers should factor in the costs of renovation before making a decision. The absence of plot size data in the provided information limits a full assessment of the property’s value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
701.81

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
299,286.00 £
Decreased by 12.95 %
from 343,794.00 £
Est sale value
303,181.92 £
Increased by 3.60 %
from 292,654.77 £
Average area rental value
1,709.00 £/mo
Decreased by 4.68 %
from 1,793.00 £/mo
Est letting value
1,403.62 £/mo
Unchanged by 0.00 %
from 1,403.62 £/mo
Est rental Yield
6.85 %
Increased by 9.42 %
from 6.26 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Mann created the listing.

Nearby Schools

NameTypeOfstedDistance
Chestnut Park Primary SchoolAcademy Sponsor LedOutstanding0.36 KM
Elmwood Infant SchoolCommunity SchoolGood0.37 KM
Elmwood Junior SchoolCommunity SchoolGood0.37 KM
Harris Invictus Academy CroydonFree SchoolsOutstanding0.63 KM
Al-Khair School Preparatory SchoolOther Independent SchoolGood0.80 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Campbell Road £ 000.00 KM
Elmwood Road £ 355,00000.00 KM
Greenwood Road £ 000.00 KM
Hartley Road £ 275,00000.00 KM
Lodge Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
West Croydon5411WCY0.89 KM
Thornton Heath5388TTH1.87 KM
East Croydon5355ECR1.97 KM
Waddon5392WDO2.09 KM
Selhurst5434SRS2.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
London Road, Croydon, CR0 £ 230,000BUY4 / 100.00 KM
London Road, CROYDON £ 100,000BUY5 / 100.00 KM
London Road, Croydon £ 240,000BUY5 / 100.06 KM
1-6 Abinger Court, Surrey, CR0 2SG £ 195,000BUYUnknown0.08 KM
Wellington Road, Croydon, CR0 £ 175,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
320a London Road £ 250,0000.01 KM
17 Bensham Lane £ 48,0000.12 KM
7 Bensham Lane £ 280,0000.12 KM
14a Wellington Road £ 135,0000.13 KM
14b Wellington Road £ 185,0000.13 KM