# 3 bedroom detached house for sale (CR2 9HG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 59 MITCHLEY HILL, SOUTH CROYDON, SOUTH CROYDON, GREATER LONDON CR2 9HG |
| Price | £375,000 |
| Bedrooms | 3 |
| Last sold | £363,000 Nov 2006 |

## Description

The property is situated approximately 1/4 mile from Sanderstead Village with is bust shopping parade and Waitrose supermarket.  The reputable Atwood Primary School is also about 1/4 mile away whilst Gresham Primary is about 1/2 a mile distant.  Riddlesdowen High School is approximately 1 mile away.  Regular bus services at Limpsfield Road and Rectory Park provide transport to the surrounding areas whilst rail services to London are just under a mile away at Riddlesdown Station.

## Property Photos

- ![Photo](/listings/photos/11723324/1615854)
- ![Photo](/listings/photos/11723324/1615856)
- ![Photo](/listings/photos/11723324/1615858)
- ![Photo](/listings/photos/11723324/1615860)
- ![Photo](/listings/photos/11723324/1615862)

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #8551455
- **Address:** 59 Mitchley Hill, SOUTH CROYDON, CR2 9HG
- **Certificate Issued:** 19/12/2011
- **Work Completed:** 30/08/2011
- **Items:** 6 window(s)

### FENSA Certificate #5587635
- **Address:** 59 Mitchley Hill, SOUTH CROYDON, CR2 9HG
- **Certificate Issued:** 07/04/2008
- **Work Completed:** 18/03/2008
- **Items:** 1 door(s)

### FENSA Certificate #425517
- **Address:** 59 Mitchley Hill, SOUTH CROYDON, CR2 9HG
- **Certificate Issued:** 14/02/2003
- **Work Completed:** 17/01/2003
- **Items:** 10 window(s), 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 MITCHLEY HILL, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HG | £363,000 | 20/11/2006 | Detached |
| 59 MITCHLEY HILL, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HG | £155,500 | 06/02/1998 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 31 TANDRIDGE GARDENS, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HW | £590,000 | 09/01/2026 | Detached |
| 30 RIDING HILL, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9LN | £590,000 | 02/09/2025 | Detached |
| 4 BORROWDALE DRIVE, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9JS | £605,000 | 10/01/2025 | Detached |
| 38 RIDING HILL, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9LN | £575,000 | 13/07/2023 | Detached |
| 3 BRIAR GROVE, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HR | £717,500 | 17/03/2023 | Detached |
| 8 MITCHLEY VIEW, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HQ | £730,000 | 28/02/2023 | Detached |
| 4 BRIAR GROVE, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HR | £500,000 | 22/07/2022 | Detached |
| 17 MITCHLEY HILL, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HF | £760,000 | 13/07/2022 | Detached |
| 5 MARSHALL CLOSE, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9ED | £980,000 | 29/03/2022 | Detached |
| 2 MITCHLEY VIEW, SOUTH CROYDON, CROYDON, GREATER LONDON, CR2 9HQ | £675,000 | 16/03/2022 | Detached |

**Area average:** £672,250 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £829,050 (31 Detached, CR2, 2024–2026)
- **Deviation:** -54.8%

## Rental Range

*ONS Price Index of Private Rents (Croydon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,421/mo
- **Realistic:** £1,579/mo
- **Optimistic:** £1,737/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,247/mo

## 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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Briton Crescent, CR2 | £3,500/mo | 3 | 0.63 miles | OpenRent |

**Average rent: £3,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.93% (okay)
- **Max investor price (0.8%):** £437,500
- **Target investor price (1%):** £350,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £3,500/mo).*

- **Gross yield:** 11.2%
- **Cost-to-rent:** 8.9×
- **Monthly cashflow:** £1,648/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -4.4%
- **10y growth:** 13.8%

## House Price Index (HM Land Registry)

*Official index for Croydon; Detached series; as of April 2026.*

- **1y growth (index):** 0%
- **5y growth (index):** 3.5%
- **10y growth (index):** 13.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)