# 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:** 17/06/2031
- **Current heating cost:** £181/year
- **Est. upgrade cost to C:** £2,600

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

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9485-3007-2206-8349-2204)

## 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:** £260,550 (165 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:** £6,000/m²

## Capital growth trend

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

- **5y growth:** -12.7%
- **10y growth:** -3.4%

## 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)