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
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Metrics Year-on-Year
- Average area value
- 299,286.00 £Decreased by 12.95 %
- Est sale value
- 303,181.92 £Increased by 3.60 %
- Average area rental value
- 1,709.00 £/moDecreased by 4.68 %
- Est letting value
- 1,403.62 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.85 %Increased by 9.42 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Mann created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chestnut Park Primary School | Academy Sponsor Led | Outstanding | 0.36 KM |
| Elmwood Infant School | Community School | Good | 0.37 KM |
| Elmwood Junior School | Community School | Good | 0.37 KM |
| Harris Invictus Academy Croydon | Free Schools | Outstanding | 0.63 KM |
| Al-Khair School Preparatory School | Other Independent School | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Campbell Road | £ 0 | 0 | 0.00 KM |
| Elmwood Road | £ 355,000 | 0 | 0.00 KM |
| Greenwood Road | £ 0 | 0 | 0.00 KM |
| Hartley Road | £ 275,000 | 0 | 0.00 KM |
| Lodge Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| West Croydon | 5411 | WCY | 0.89 KM |
| Thornton Heath | 5388 | TTH | 1.87 KM |
| East Croydon | 5355 | ECR | 1.97 KM |
| Waddon | 5392 | WDO | 2.09 KM |
| Selhurst | 5434 | SRS | 2.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| London Road, Croydon, CR0 | £ 230,000 | BUY | 4 / 10 | 0.00 KM |
| London Road, CROYDON | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| London Road, Croydon | £ 240,000 | BUY | 5 / 10 | 0.06 KM |
| 1-6 Abinger Court, Surrey, CR0 2SG | £ 195,000 | BUY | Unknown | 0.08 KM |
| Wellington Road, Croydon, CR0 | £ 175,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 320a London Road | £ 250,000 | 0.01 KM |
| 17 Bensham Lane | £ 48,000 | 0.12 KM |
| 7 Bensham Lane | £ 280,000 | 0.12 KM |
| 14a Wellington Road | £ 135,000 | 0.13 KM |
| 14b Wellington Road | £ 185,000 | 0.13 KM |