3 Bed Flat, Single Let, London, SE25 6HX, £310,000

Holmesdale Road, London, SE25 6HX - 9 views - a year ago

Leasehold
BTL
ROI: 8%
~63 m²
+3 photos

ValuationOvervalued

Sold Prices£241.3K - £580K
Sold Prices/m²£3.7K/m² - £8.9K/m²

 

 

Square Metres

~63 m²
Price/m²£4.9K/m²

Value Estimate

£294,211

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£1,895 - £3,750

Rent Estimate

£1,950

Running Costs/mo

£1,379

Cashflow/mo

£571

Cashflow/yr

£6,855

ROI

8%

Gross Yield

8%

Local Sold Prices

23 sold prices from £241.3K to £580K, average is £360K. £3.7K/m² to £8.9K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£354K11/210.25 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£280K05/210.27 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£580K12/210.42 mi71, Tennison Road, London, Greater London SE25 5RY3
£415K10/200.43 mi54, Birchanger Road, London, Greater London SE25 5BB3
£530K10/220.54 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£345K06/210.58 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£286K06/210.63 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£320K02/230.63 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£290K02/210.66 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£422.5K05/230.66 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£285K10/200.68 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/230.68 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£280K10/200.69 mi199, Mersham Road, Thornton Heath, Greater London CR7 8NU3
£420K08/210.92 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/210.92 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£390K01/210.95 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/210.95 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/210.95 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£255K06/230.95 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£241.3K08/230.95 mi120, Auckland Road, London, Greater London SE19 2RP3
£408.3K03/210.96 mi46, Samos Road, London, Greater London SE20 7TU3
£267K03/210.98 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£435K09/230.99 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3

Local Rents

50 rents from £1.9K/mo to £3.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,95003/250.05 mi-3
£2,40008/240.09 miOliver Avenue, London, SE253
£2,05008/240.1 miUpper Grove, South Norwood, SE253
£2,40008/240.11 mi-3
£2,40008/240.11 miOliver Avenue, South Norwood, London, SE253
£2,30008/240.16 miHolmesdale Road, London3
£2,00008/240.24 miWhitehorse Lane, London, SE253
£2,10003/250.24 mi-3
£2,25008/240.24 miEgerton Road, London3
£1,89503/250.25 mi-3
£2,50002/250.27 mi-3
£2,30003/250.28 mi-3
£2,20003/250.28 mi-3
£2,50012/240.28 mi-3
£2,20012/240.35 mi-3
£2,50002/250.38 mi-3
£2,35008/240.38 mi-3
£2,00008/240.39 mi-3
£2,20008/240.4 miCourt Road, London, SE253
£2,75009/240.41 mi-3
£2,26001/250.41 mi-3
£2,00008/240.42 mi-3
£2,00008/240.42 miSidney Road, London, SE253
£2,10008/240.43 miLancaster Road, London, Greater London, SE253
£1,95008/240.44 mi-3
£2,20008/240.45 miPercy Road London SE253
£2,25008/240.46 miBirchanger Road, South Norwood3
£2,20005/240.47 miTalbot Road, Thornton Heath, CR73
£2,15012/240.48 miSutton Gardens, CROYDON3
£2,20003/240.48 miTalbot Road, THORNTON HEATH3
£2,20008/240.48 mi-3
£2,10008/240.48 miSidney Road, London, SE253
£2,40008/240.49 miSunny Bank, London, SE253
£2,05011/240.49 mi-3
£2,20008/240.49 miAddison Road, London3
£2,00012/240.49 miDavidson Road, Croydon, CR03
£2,85002/240.5 mi-3
£3,00005/240.5 mi-3
£2,75012/240.5 mi-3
£3,75012/240.5 mi-3
£2,80012/240.5 mi-3
£2,70003/250.5 mi-3
£2,30008/240.51 miAlbert Road, SE253
£2,04003/250.52 mi-3
£2,10011/230.53 miTennison Road, London, SE253
£2,40008/240.53 miPortland Road, London3
£2,40008/240.53 miPortland Road, London3
£2,30009/240.54 mi-3
£2,50011/240.55 mi-3
£2,20012/240.55 mi-3

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

8.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £310,000

November 30, 2023

Floor Plans

Description

  • A Character Conversion Flat +
  • Three Bedrooms +
  • Tree Lined Side Road With Selhurst Park Being Local +
  • Double Glazing +
  • Gas Central Heating With Radiators +
  • Fitted Kitchen/Breakfast Room With Oven & Hob +
  • Contemporary Bathroom +
  • In Our Opinion Is Deceptively Spacious +
  • Convenient For Transport & Amenties +
  • The Vendor Informs Us Can Be Sold With Or Without The Tenants +

This charming character three-bedroom conversion flat situated in a tree-lined side road. The location is highly accessible, with excellent transport links and a range of amenities in close proximity. The interior boasts a particularly appealing fitted kitchen/breakfast room, designed to marry functionality with modern aesthetics and the contemporary bathroom adds a touch of sophistication. Deceptively spacious, the property provides ample room for comfortable living and benefits from having double glazing and gas central heating with radiators. The current owner offers the flexibility of selling the property with or without tenants in situ, providing an attractive option for both investors and those looking for a new home. Transport is a breeze with local bus routes at your doorstep, and the Selhurst BR and Norwood Junction BR/Overground Stations serving the area efficiently. Residents can explore the vibrant South Norwood High Street, which hosts an eclectic mix of shops and cafes, adding to the allure of the neighbourhood. Early viewing is advised; don't miss the opportunity to make this inviting three-bedroom conversion flat your new home.

Tenure: Leasehold Lease term: 125 years from 1st January 2006
There is no service charge or ground rent, only leasehold insurance which is approximately around £350 per annum. EPC Rating: C Croydon council tax band: B

We carry out best endeavours to make our marketing material accurate and reliable, however they do not form part of any contract and is not to be relied upon. Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

For broadband and mobile phone coverage at the property in question please visit:

Agent Details

Homecastle Estate Agents, South Norwood

020 3856 8341

Next Steps?

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