2 Bed Flat, Public Notice, Wallington, SM6 8QX, £181,000

Clarendon Road, Wallington, SM6 8QX - 19 views - a year ago

Leasehold
Cash
ROI: 3%
~68 m²
+10 photos

ValuationFair Value

Sold Prices£132.5K - £646K
Sold Prices/m²£1.9K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£181,000

 

 

End Value (After Refurb)

£332,149

Uplift in Value

+84%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,250

Stamp Duty & Legal Fees

£6,630

Refurb Costs

£36,033

Bridging Loan Interest

£4,751

Total Cash In

£94,414

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£332,149

Agent Fees (1%)

£3,321

Bridging Loan

£135,750

Bridging Loan Interest

£4,751

Flip Profit

£98,664

Local Sold Prices

50 sold prices from £132.5K to £646K, average is £301K. £1.9K/m² to £6.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£272.5K12/200.14 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£335K06/230.15 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£255K07/230.16 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£430K09/210.17 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£347.5K07/230.22 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£345K02/210.25 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£141K01/210.25 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£340K03/230.28 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£340K06/210.29 mi45, Park Road, Wallington, Greater London SM6 8AA2
£230K01/230.3 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£190K10/210.34 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£646K06/210.36 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£287K02/210.4 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.4 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.4 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£330K03/210.4 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£321K11/200.41 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.41 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£348K08/230.52 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£297.5K06/210.53 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.53 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£295K06/210.55 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.55 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.55 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£260K02/210.57 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.57 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.57 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K08/210.57 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£325K01/210.6 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.6 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£290K10/200.61 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£320K05/210.64 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.64 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£325K03/230.67 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£375K02/230.69 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£225K04/210.71 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£315K12/200.76 mi17, Stanhope Road, Carshalton, Greater London SM5 4LH2
£365K03/210.76 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£132.5K11/200.76 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£264K04/210.76 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.76 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£312K11/200.77 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2
£140K05/210.78 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£279K10/210.8 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.8 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£305K10/200.83 mi27, Beynon Road, Carshalton, Greater London SM5 3RW2
£300K02/210.83 mi26, Beynon Road, Carshalton, Greater London SM5 3RW2
£210K10/210.86 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£285K03/210.89 mi153, Stanley Road, Carshalton, Greater London SM5 4LW2
£350K11/220.91 mi1a, Park Hill, Carshalton, Greater London SM5 3RS2

Local Rents

52 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60004/250.05 mi-2
£1,50008/240.06 miCavalier Close Wallington SM62
£1,65010/240.07 mi-2
£1,85001/250.07 mi-2
£1,45008/240.09 miClarendon Road, WALLINGTON2
£1,35008/240.09 miRosemount Clarendon Road Wallington SM6 8RW2
£1,75009/240.09 miCavalier Close, Wallington, SM62
£1,50002/240.1 miMelbourne Road, Wallington, Surrey, SM62
£1,60009/240.1 mi-2
£1,50009/240.11 miWoodcote Road, Wallington, SM62
£1,60009/240.11 miBeddington Gardens, Wallington, SM62
£1,50009/240.13 miCanon Court, 91 Manor Road, Wallington, SM62
£1,45008/240.13 mi91 Manor Road, Wallington2
£1,65009/240.13 miManor Road Wallington SM62
£1,50009/240.17 miBelmont Road, WALLINGTON2
£1,90009/240.17 miStafford Road, Wallington, SM62
£1,90010/240.17 mi-2
£1,60009/240.18 mi-2
£1,47508/240.18 miGrosvenor Road, WALLINGTON2
£1,75008/240.2 miStafford Road, Wallington, Surrey, SM62
£1,65009/240.23 mi-2
£1,55008/240.24 mi-2
£1,80009/240.24 miStanley Park Road2
£1,65009/240.24 mi-2
£1,65009/240.24 miJasmine Court, Wallington, SM62
£1,40008/240.26 miBute Court, Bute Road, Wallington, SM62
£1,60011/240.26 mi-2
£1,47508/240.26 miWoodcote Road, Wallington, SM62
£1,60009/240.27 miHolmwood Gardens, Wallington, SM62
£1,55002/240.27 mi-2
£1,85002/240.29 mi-2
£1,50008/240.3 miStanley Park Road, Wallington, SM62
£1,70003/250.3 mi-2
£1,60010/240.31 mi-2
£1,45008/240.31 miStafford Road, WALLINGTON2
£1,50009/240.31 miStafford Road, WALLINGTON2
£1,40004/250.31 mi-2
£1,60009/240.34 miMaldon Road, Wallington2
£1,45010/240.34 mi-2
£1,80008/240.34 mi-2
£1,80008/240.34 mi-2
£1,60002/240.35 mi-2
£2,30008/240.37 mi-2
£1,55008/240.37 miMaldon Road, Wallington, SM62
£1,27509/240.38 miMaldon Road Wallington SM62
£1,60008/240.38 miMaldon Road, Wallington, SM62
£1,60008/240.38 mi-2
£1,60008/240.38 mi-2
£1,55003/250.38 mi-2
£1,57509/240.4 miStafford Road, WALLINGTON2
£1,50009/240.4 mi17 Parkgate Road, Wallington, SM62
£1,45009/240.4 miStafford Road, Wallington, SM62

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £181,000

November 21, 2023

Floor Plans

Description

CASH BUYERS ONLY

Flat 2, 8 Clarendon Road, Wallington, SM6 8QX - EPC Rating 58

Two Bedroom flat for sale.

Welcome to this spacious 2 bedroom ground floor flat in the heart of Wallington, situated only a 5 minute walk away from Wallington train station.

This spacious, bright flat is perfect for a First time buyer or an investor.

-This property has no onward chain.
-Includes parking.

-Lease remaining is 62 years.
-Service charge is £150.52 Per month.
-Ground rent is TBC.
-EPC rating (D)

PUBLIC NOTICE - Flat 2, 8 Clarendon Road, Wallington, SM6 8QX - We have received an offer of £ 181,000.00. Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place. EPC Rating (D)

Agent Details

Gascoigne Pees, Sutton

020 3871 0502

Next Steps?

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