Sold STC Flat

24 CHARLES STREET

CROYDON, GREATER LONDON CR0 1TR

2 beds 1 baths 53 m² Listed 12 Oct 2022 (-1354d)

£270,000

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# 2 bedroom apartment for sale (CR0 1TR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 CHARLES STREET, CROYDON, GREATER LONDON CR0 1TR |
| Price | £270,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £270,000 Feb 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 05/02/2028
- **Current heating cost:** £267/year
- **Est. upgrade cost to C:** £2,900

### Recommendations
- F (£200 - £400)
- I (£2,200 - £3,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8202-2365-8629-5707-5283)

## Description

A lovely two double bedroom apartment positioned in a prime location, right in the heart of Croydon Town Centre.

The accommodation comprises a bright reception room with a Juliette balcony, two double bedrooms, contemporary bathroom and a modern kitchen/breakfast room. The property further benefits from private parking.

Charles Street is well located for access to the bars, shops and restaurants in central Croydon.

## Property Photos

- ![Kitchen/Diner](/listings/photos/127945775/743451) - Kitchen/Diner
- ![External](/listings/photos/127945775/743452) - External
- ![Reception](/listings/photos/127945775/743453) - Reception
- ![Bedroom](/listings/photos/127945775/743454) - Bedroom
- ![Bedroom](/listings/photos/127945775/743455) - Bedroom
- ![Bathroom](/listings/photos/127945775/743456) - Bathroom
- ![Reception](/listings/photos/127945775/743457) - Reception
- ![Kitchen](/listings/photos/127945775/743458) - Kitchen

## Floorplans

- ![Floorplan](/listings/photos/127945775/743459) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/127945775/743460) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £270,000 | 03/02/2023 | Flat |
| 24 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £86,000 | 12/08/1999 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 FLAT 35 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £180,000 | 15/12/2025 | Flat |
| THE EXCHANGE, 6 FLAT 16 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1UH | £250,000 | 16/10/2024 | Flat |
| 2 FLAT 55 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £367,500 | 18/12/2023 | Flat |
| 28 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ | £272,000 | 01/12/2023 | Flat |
| 20 FLAT 10 MINT WALK, CROYDON, GREATER LONDON, CR0 1XS | £230,000 | 03/11/2023 | Flat |
| 74 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1SZ | £190,000 | 15/09/2023 | Flat |
| 2 FLAT 73 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £260,000 | 10/02/2023 | Flat |
| 92 UPPER FLAT CHURCH ROAD, CROYDON, GREATER LONDON, CR0 1SD | £179,999 | 31/01/2023 | Flat |
| 2 FLAT 4 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £82,500 | 04/11/2022 | Flat |
| GREEN DRAGON HOUSE, 64 - 70 FLAT 82 HIGH STREET, CROYDON, GREATER LONDON, CR0 1FT | £140,000 | 18/10/2022 | Flat |
| SURREY HOUSE, 2 FLAT 22 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1FN | £220,000 | 17/09/2022 | Flat |
| 48 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ | £287,500 | 20/07/2022 | Flat |
| 2 FLAT 12 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £303,000 | 15/07/2022 | Flat |
| [Same street] 80 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £240,000 | 24/05/2022 | Flat |
| 2 FLAT 45 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £320,000 | 28/04/2022 | Flat |
| [Same street] 74 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £215,000 | 18/03/2022 | Flat |
| 12 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ | £270,000 | 14/03/2022 | Flat |
| 44 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ | £286,000 | 11/03/2022 | Flat |
| [Same street] 66 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £205,000 | 23/02/2022 | Flat |
| 20 FLAT 21 MINT WALK, CROYDON, GREATER LONDON, CR0 1XS | £480,000 | 18/02/2022 | Flat |
| 34 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ | £272,000 | 03/02/2022 | Flat |
| 2 FLAT 23 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £105,000 | 26/11/2021 | Flat |
| 2 FLAT 3 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ | £240,000 | 30/09/2021 | Flat |
| [Same street] 60 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR | £250,000 | 23/08/2021 | Flat |

**Street average:** £227,500 (4 sales)
**Area average:** £246,775 (20 sales)

## Price vs local average

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

- **Local average:** £260,495 (163 Flat, CR0, 2024–2026)
- **Deviation:** +3.6%

## Rental Range

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

- **Low:** £1,415/mo
- **Realistic:** £1,572/mo
- **Optimistic:** £1,729/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer South London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/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 |
|------|------|------|------|------|
| 2 Bed Flat, Scarbrook Road, CR0 | £1,500/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Green Dragon House, CR0 | £2,300/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Green Dragon House, CR0 | £2,500/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Scarbrook Road, CR0 | £1,820/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed Flat, Whitgift Street, CR0 | £1,900/mo | 2 | 0.08 miles | OpenRent |

**Average rent: £2,004/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.7% (weak for cashflow)
- **Max investor price (0.8%):** £237,500
- **Target investor price (1%):** £190,000

*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 £1,900/mo).*

- **Gross yield:** 8.4%
- **Cost-to-rent:** 11.8×
- **Monthly cashflow:** £622/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.5%

*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).*

## Price per Square Metre

- **£/m²:** £4,500/m²

## Capital growth trend

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

- **5y growth:** -12.6%
- **10y growth:** -3.7%

## House Price Index (HM Land Registry)

*Official index for Croydon; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.3%
- **5y growth (index):** -8.2%
- **10y growth (index):** 2.8%

## 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)

Kitchen/Diner External Reception Bedroom Bedroom Bathroom Reception Kitchen

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Property details

Tenure

LEASEHOLD

Floor area

53 m²

EPC rating

Last sold

£270,000 Feb 2023

Price per m²

£4,500/m²

Local average

£260,495 (+3.6%)

Deprivation

Decile 2 (5,786 of 33,755)

Street crime

1288 incidents within 1 mile (Apr 2026)

Key features

Two double bedrooms
Juliette balcony
Kitchen/breakfast room
Residents parking
Central location

Additional details

Parking: Yes

Description

A lovely two double bedroom apartment positioned in a prime location, right in the heart of Croydon Town Centre.

The accommodation comprises a bright reception room with a Juliette balcony, two double bedrooms, contemporary bathroom and a modern kitchen/breakfast room. The property further benefits from private parking.

Charles Street is well located for access to the bars, shops and restaurants in central Croydon.

Listed by

Croydon

Leaders and Romans Group

Reference: 127945775

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 06/02/2018

Expiry date: 05/02/2028

Current heating cost: £267/year

Potential heating cost: £249/year

Est. upgrade cost to C: £2,900

Recommendations

Hot water cylinder thermostat (£200 - £400)
Replace boiler with new condensing boiler (£2,200 - £3,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

214% since 1999

Event	Date	Price	% change
Sold	03/02/2023 (3 years ago)	£270,000	+214%
Sold	12/08/1999 (26 years ago)	£86,000	—

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
2 FLAT 35 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£180,000	15/12/2025	Flat
THE EXCHANGE, 6 FLAT 16 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1UH	£250,000	16/10/2024	Flat
2 FLAT 55 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£367,500	18/12/2023	Flat
28 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ	£272,000	01/12/2023	Flat
20 FLAT 10 MINT WALK, CROYDON, GREATER LONDON, CR0 1XS	£230,000	03/11/2023	Flat
74 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1SZ	£190,000	15/09/2023	Flat
2 FLAT 73 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£260,000	10/02/2023	Flat
92 UPPER FLAT CHURCH ROAD, CROYDON, GREATER LONDON, CR0 1SD	£179,999	31/01/2023	Flat
2 FLAT 4 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£82,500	04/11/2022	Flat
GREEN DRAGON HOUSE, 64 - 70 FLAT 82 HIGH STREET, CROYDON, GREATER LONDON, CR0 1FT	£140,000	18/10/2022	Flat
SURREY HOUSE, 2 FLAT 22 SCARBROOK ROAD, CROYDON, GREATER LONDON, CR0 1FN	£220,000	17/09/2022	Flat
48 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ	£287,500	20/07/2022	Flat
2 FLAT 12 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£303,000	15/07/2022	Flat
Same street 80 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR	£240,000	24/05/2022	Flat
2 FLAT 45 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£320,000	28/04/2022	Flat
Same street 74 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR	£215,000	18/03/2022	Flat
12 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ	£270,000	14/03/2022	Flat
44 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ	£286,000	11/03/2022	Flat
Same street 66 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR	£205,000	23/02/2022	Flat
20 FLAT 21 MINT WALK, CROYDON, GREATER LONDON, CR0 1XS	£480,000	18/02/2022	Flat
34 HALSTEAD CLOSE, CROYDON, GREATER LONDON, CR0 1TZ	£272,000	03/02/2022	Flat
2 FLAT 23 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£105,000	26/11/2021	Flat
2 FLAT 3 WANDLE ROAD, CROYDON, GREATER LONDON, CR0 1FJ	£240,000	30/09/2021	Flat
Same street 60 CHARLES STREET, CROYDON, GREATER LONDON, CR0 1TR	£250,000	23/08/2021	Flat

Street average: £227,500 (4 sales)

Area average: £246,775 (20 sales)

Capital growth trend

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

5y growth -12.6%

10y growth -3.7%

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

1y (index) -6.3%

5y (index) -8.2%

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 CR0 1TR

Nearby

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

Type	Name	Distance
Shop	Surrey News	0.1 miles
Shop	Greggs	0.1 miles
Bus stop	Croydon Flyover	0.1 miles
Train station	West Croydon	0.5 miles
Train station	East Croydon	0.5 miles
Hospital	Patient Advice and Liaison Service (PALS)	1.2 miles
Hospital	Diabetic Department	1.2 miles
University	Horton Halls Reception	5.5 miles
University	University of Wales Trinity Saint David London Campus	7.5 miles

Street-level crime

Category	Count
Violence and sexual offences	323
Anti-social behaviour	282
Shoplifting	198
Vehicle crime	86
Drugs	75
Public order	68
Other theft	64
Criminal damage and arson	51
Burglary	47
Robbery	26
Theft from the person	26
Possession of weapons	21
Other crime	12
Bicycle theft	9
Total incidents	1288

Within 1 mile during Apr 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
Old Palace of John Whitgift School	Other	0.2 miles	— (No rating)
Saffron Valley Collegiate	Other	0.3 miles	Good — 8 May 2019
Krishna Avanti Primary School	Primary	0.3 miles	Good — 11 Jun 2019
Croydon College	Other	0.3 miles	— (No rating)
Bright Minds Creative Academy	Other	0.4 miles	— (No rating)

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, Scarbrook Road, CR0	£1,500/mo	2	0.06 miles	OpenRent
2 Bed Flat, Green Dragon House, CR0	£2,300/mo	2	0.07 miles	OpenRent
2 Bed Flat, Green Dragon House, CR0	£2,500/mo	2	0.07 miles	OpenRent
2 Bed Flat, Scarbrook Road, CR0	£1,820/mo	2	0.08 miles	OpenRent
2 Bed Flat, Whitgift Street, CR0	£1,900/mo	2	0.08 miles	OpenRent

Average rent: £2,004/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.7%

Max investor price (0.8%) £237,500

Target investor price (1%) £190,000

Gross yield 8.4%

Cost-to-rent ratio 11.8×

Monthly cashflow £622/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 9.5%

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).