Sold STC Maisonette

24 CORDREY GARDENS

COULSDON, GREATER LONDON CR5 2SP

2 beds 1 baths 79 m² Listed 4 Dec 2024 (-593d)

£335,000

Reduced on 25 Jun 2024

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Property photo

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Property details

Tenure

LEASEHOLD

Floor area

79 m²

EPC rating

E

Last sold

£330,000 Nov 2024

Price per m²

£4,241/m²

Local average

£299,308 (+11.9%)

Deprivation

Decile 8 (26,745 of 33,755)

Street crime

137 incidents within 1 mile (May 2026)

Key features

  • Spacious Split Level Maisonette
  • Two Double Bedrooms
  • Family Bathroom
  • Cloakroom
  • Fitted Kitchen
  • Dual Aspect Through Lounge
  • Garage
  • Off Street Parking
  • Popular Convenient Location
  • No Onward Chain

Additional details

Parking
Yes

Description

AN OPPORTUNITY TO PURCHASE this split level maisonette offering deceptively well-proportioned accommodation with spacious dual aspect lounge, kitchen, two double bedrooms with built in wardrobes, bathroom with bath, separate ground floor W.C., garage and off street parking. The property is entered on the ground floor with the accommodation set over the 1st and 2nd floor. Situated in a very popular and convenient location being walking distance from Coulsdon Town with its good selection of restaurants and shops and Coulsdon mainline station with good links to London Victoria and London Bridge, M23/M25 within easy reach, as well as the beautiful open green spaces of Farthing Downs and Happy Valley.

Listed by

Old Coulsdon

John Brown Estate Agents

Reference: 155658887

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 17/11/2021

Expiry date: 16/11/2031

Current heating cost: £735/year

Potential heating cost: £496/year

Est. upgrade cost to C: £15,725

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Cavity wall insulation (£500 - £1,500)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 22/11/2024 (1 year ago) £330,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
21 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BQ £105,000 06/01/2026 Flat
CHERRY BLOSSOM COURT, 2 FLAT 5 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £415,000 11/12/2025 Flat
CHERRY BLOSSOM COURT, 2 FLAT 3 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £450,000 21/11/2025 Flat
8 FLAT 26 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BZ £102,000 11/11/2022 Flat
1 FLAT 9 STATION APPROACH ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2BT £270,000 21/10/2022 Flat
SMITHAM COURT, 31 FLAT 26 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2FF £330,000 07/10/2022 Flat
8 FLAT 6 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BZ £97,500 29/07/2022 Flat
8 FLAT 21 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BZ £306,000 22/07/2022 Flat
SMITHAM COURT, 31 FLAT 27 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2FF £335,000 28/06/2022 Flat
8 FLAT 25 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BZ £325,000 24/06/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 4 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £475,000 24/05/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 3 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £500,000 21/04/2022 Flat
17 FLAT 13 STATION APPROACH ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2BT £182,000 11/04/2022 Flat
Same street 14 CORDREY GARDENS, COULSDON, CROYDON, GREATER LONDON, CR5 2SP £285,000 07/04/2022 Flat
13 STATION APPROACH ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2BT £144,000 01/04/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 7 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £435,000 24/03/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 6 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £440,000 21/03/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 2 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £500,000 28/02/2022 Flat
Same street 44 CORDREY GARDENS, COULSDON, CROYDON, GREATER LONDON, CR5 2SP £470,000 04/02/2022 Terraced
CHERRY BLOSSOM COURT, 2 FLAT 9 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £323,000 31/01/2022 Flat
CHERRY BLOSSOM COURT, 2 FLAT 8 COULSDON ROAD, COULSDON, CROYDON, GREATER LONDON, CR5 2LA £320,000 26/01/2022 Flat
8 FLAT 16 LEADEN HILL, COULSDON, CROYDON, GREATER LONDON, CR5 2BZ £307,000 17/01/2022 Flat
Same street 10 CORDREY GARDENS, COULSDON, CROYDON, GREATER LONDON, CR5 2SP £520,000 08/11/2021 Semi-detached

Street average: £425,000 (3 sales)

Area average: £318,075 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 11%
10y growth 14.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Croydon. Series: Flats and maisonettes. As of April 2026.

1y (index) -3%
5y (index) -6.8%
10y (index) 2.8%

Rental Range

Estimated market rent for Croydon. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,415/mo
Realistic £1,572/mo
Optimistic £1,729/mo

Based on Local Authority from postcode lookup → Croydon.

LHA (30th percentile) floor for Outer South London: £1,197/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CR5 2SP

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Farthing Way 0.1 miles
Train station Coulsdon Town 0.2 miles
Bus stop Cearn Way 0.2 miles
Shop Pindi Food & Wine 0.2 miles
Shop H&B Hairdressers 0.2 miles
Train station Coulsdon South 0.4 miles
Hospital Queen Mary's Childrens' Hospital 4.7 miles
Hospital Croydon Heart Centre 4.8 miles
University Horton Halls Reception 8.3 miles
University University of Wales Trinity Saint David London Campus 11.1 miles

Street-level crime

Category Count
Violence and sexual offences 39
Anti-social behaviour 29
Shoplifting 19
Vehicle crime 18
Other theft 7
Burglary 6
Public order 5
Drugs 4
Robbery 4
Possession of weapons 3
Other crime 2
Theft from the person 1
Total incidents 137

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Oasis Academy Byron Primary 0.5 miles Good — 14 Sep 2023
Smitham Primary School Primary 0.5 miles Good — 27 Apr 2017
St Aidan's Catholic Primary School Primary 0.6 miles Good — 22 Oct 2014
Woodcote Primary School Primary 0.7 miles Outstanding — 22 May 2015
Beaumont Primary School Primary 0.7 miles Outstanding — 17 Jan 2018

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Avenir Heights, CR5 £3,690/mo 2 0.23 miles OpenRent
2 Bed Flat, Avenir Heights, CR5 £4,060/mo 2 0.23 miles OpenRent

Average rent: £3,875/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.16%
Max investor price (0.8%) £484,375
Target investor price (1%) £387,500
Gross yield 13.9%
Cost-to-rent ratio 7.2×
Monthly cashflow £2,143/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 26.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).