2 Bed Flat, Single Let, London, SE25 6EB, £145,000

High Street, London, , SE25 6EB - 1 views - 4 years ago

Leasehold
Auction
BTL
ROI: 19%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£200K - £640K
Sold Prices/m²£3.4K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£176,900
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£1,300 - £2,800

Rent Estimate

£1,488

Running Costs/mo

£771

Cashflow/mo

£717

Cashflow/yr

£8,607

ROI

19%

Gross Yield

12%

Local Sold Prices

50 sold prices from £200K to £640K, average is £305K. £3.4K/m² to £7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£290K08/210.18 mi21, Cargreen Road, London, Greater London SE25 5AD2
£365K12/200.21 miFlat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£362K03/210.21 miFlat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£292.5K12/200.22 mi25a, Lancaster Road, London, Greater London SE25 4BJ2
£280K06/230.23 mi11a, Crowther Road, London, Greater London SE25 5QW2
£250K02/210.23 mi14, St Marks Road, London, Greater London SE25 4UH2
£330K08/210.27 mi60a, Crowther Road, London, Greater London SE25 5QP2
£355K01/230.31 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£325K01/210.34 mi98, Albert Road, London, Greater London SE25 4JW2
£275K10/200.38 miFlat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH2
£260K03/230.39 mi94, Whitworth Road, London, Greater London SE25 6XL2
£365K01/210.4 mi36, Archer Road, London, Greater London SE25 4JN2
£300K09/210.4 mi50, Archer Road, London, Greater London SE25 4JN2
£280K01/230.44 mi269a, Whitehorse Lane, London, Greater London SE25 6UP2
£350K01/210.44 mi115, Harrington Road, London, Greater London SE25 4NP2
£315K02/230.44 miFlat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN2
£367K05/210.45 mi64a, Enmore Road, London, Greater London SE25 5NG2
£207.5K07/210.45 mi221a, Whitehorse Lane, London, Greater London SE25 6UU2
£360K01/210.47 mi4, Ingatestone Road, London, Greater London SE25 4LG2
£285K01/210.47 mi3, Ingatestone Road, London, Greater London SE25 4LG2
£386K03/230.47 mi47, Ingatestone Road, London, Greater London SE25 4LG2
£360K08/230.47 mi34, Ingatestone Road, London, Greater London SE25 4LG2
£300K11/200.51 mi13, Haysleigh Gardens, London, Greater London SE20 8SS2
£290K06/230.51 mi84, Watson Place, London, Greater London SE25 5FA2
£265K03/230.54 miFlat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT2
£292.5K04/210.58 miFlat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR2
£328.8K02/230.59 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£640K12/210.59 mi105, Birchanger Road, London, Greater London SE25 5BH2
£260K03/210.61 miFlat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX2
£280K08/210.61 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£265.5K02/210.62 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£318K01/230.62 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£240K07/230.64 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£415K02/210.66 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£330K11/200.67 miFlat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB2
£245K04/210.68 miFlat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB2
£370K04/210.68 mi85b, Marlow Road, London, Greater London SE20 7XR2
£272.5K03/210.69 mi62, Selby Road, London, Greater London SE20 8SG2
£410K05/210.7 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£275K08/210.71 miFlat 1, Shipley Court, Selby Road, London, Greater London SE20 8SE2
£288K02/210.71 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£245K12/210.71 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£427.5K05/210.73 mi16a, Tremaine Road, London, Greater London SE20 7TZ2
£200K06/210.75 mi7, Coe Avenue, London, Greater London SE25 5HN2
£345K03/210.75 mi197, Woodside Green, London, Greater London SE25 5EN2
£235K02/230.76 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£450K04/230.76 mi11a, Samos Road, London, Greater London SE20 7UQ2
£310K11/200.77 mi12, Cranleigh Close, London, Greater London SE20 8TW2
£365K06/230.78 mi156, Sylvan Road, London, Greater London SE19 2SA2
£333.3K06/210.78 miA, 43, Samos Road, London, Greater London SE20 7TX2

Local Rents

47 rents from £1.3K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,45002/240.01 mi-2
£1,50003/250.01 mi-2
£1,45209/240.04 miHigh Street, South Norwood, SE252
£2,50008/240.05 miSuffolk Road, London, SE252
£1,90003/250.05 mi-2
£1,30008/240.05 miHigh Street London SE252
£1,75008/240.05 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£1,75009/240.05 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£2,00004/250.06 mi-2
£1,65008/240.07 miSt. Dunstans Road, London2
£1,95008/240.07 mi-2
£1,55010/240.1 mi-2
£1,60008/240.11 miNorwood Junction High Street, London, SE252
£1,80004/250.11 mi-2
£1,80008/240.11 mi-2
£1,55008/240.12 miStation Road, London, SE252
£1,55002/240.13 mi-2
£1,69501/250.13 mi-2
£1,69503/250.13 mi-2
£1,90008/240.13 mi-2
£1,90008/240.13 mi-2
£1,65002/240.13 mi-2
£1,70008/240.13 mi-2
£1,70008/240.14 mi-2
£1,75008/240.14 miSelhurst Road, London, SE252
£1,65001/250.14 mi-2
£1,80008/240.15 mi-2
£1,60008/240.17 miPortland Road, London2
£1,70008/240.17 mi-2
£1,70010/240.17 mi-2
£1,70003/250.17 mi-2
£1,75008/240.17 mi-2
£1,85004/250.17 mi-2
£1,65008/240.19 miHolmesdale Close London SE252
£1,50008/240.19 mi-2
£1,50008/240.19 mi-2
£1,50008/240.19 mi-2
£1,50008/240.19 mi-2
£1,70008/240.19 miChalfont Road, London, SE252
£1,65008/240.2 mi-2
£1,65008/240.2 miCoventry Road, London, SE252
£2,00004/250.2 mi-2
£1,85008/240.2 miHolmesdale Road, South Norwood2
£1,60009/240.21 mi-2
£2,60011/240.21 mi-2
£2,80004/250.21 mi-2
£1,60004/250.21 mi-2

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.02 miles away

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £145,000

September 22, 2021

Floor Plans

Description

  • For Sale By Online Auction T&C's Apply +
  • Chain Free +
  • Two Bedrooms +
  • Rear Garden +
  • Open Plan Lounge/Kitchen +
  • Close To Local Amenities +

A lower ground level apartment situated just a few moments from Norwood Junction Station and Overground, and within close proximity to plenty of local amenities.

The property briefly comprises of an open plan living room and kitchen, two spacious bedrooms, three piece bathroom suite and a rear garden area. The property is also offered to the market chain free!

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 68

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪