3 Bed Terraced House, Planning Permission, London, SW19 2NZ, £650,000

Christchurch Close, Colliers Wood, SW19 2NZ - 4 views - a year ago

Sold STC
Planning
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£460K - £875K
Sold Prices/m²£4.9K/m² - £11.3K/m²

 

 

Square Metres

~93 m²
Price/m²£7K/m²

Value Estimate

£669,500
BMV3%

 

 

End Value (After Refurb)

£687,500

Uplift in Value

+6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£49,214

Bridging Loan Interest

£17,063

Total Cash In

£271,226

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£687,500

Mortgage (After Refinance)

£515,625

Mortgage LTV

75%

Cash Released

£28,125

Cash Left In

£243,101

Equity

£171,875

Rent Range

£1,600 - £3,500

Rent Estimate

£2,377

Running Costs/mo

£2,644

Cashflow/mo

£-267

Cashflow/yr

£-3,202

Gross Yield

4%

Local Sold Prices

50 sold prices from £460K to £875K, average is £684K. £4.9K/m² to £11.3K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£735K03/240.01 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£702K10/200.01 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£747K11/200.06 mi3, Colwood Gardens, London, Greater London SW19 2DS3
£750K11/230.06 mi5, Colwood Gardens, London, Greater London SW19 2DS3
£800K06/230.06 mi17, Colwood Gardens, London, Greater London SW19 2DS3
£840K09/210.17 mi91, Courtney Road, London, Greater London SW19 2EE3
£676.3K11/230.23 mi31, Cavendish Road, London, Greater London SW19 2ET3
£725K01/210.23 mi21, Cavendish Road, London, Greater London SW19 2ET3
£565K02/230.27 mi105, Heathfield Drive, Mitcham, Greater London CR4 3RD3
£536.8K05/210.28 mi26, Alexandra Road, Mitcham, Greater London CR4 3LT3
£500K06/210.28 mi17, Alexandra Road, Mitcham, Greater London CR4 3LT3
£605K06/210.28 mi2, Palestine Grove, London, Greater London SW19 2QN3
£730K10/230.31 mi11, Warren Road, London, Greater London SW19 2HY3
£560K12/200.32 mi3, Palestine Grove, London, Greater London SW19 2QN3
£700K02/210.33 mi28, Laburnum Road, London, Greater London SW19 1BQ3
£860K01/240.33 mi13, Mill Road, London, Greater London SW19 2NE3
£765K11/210.33 mi39, Mill Road, London, Greater London SW19 2NE3
£865K10/210.33 mi2, Mill Road, London, Greater London SW19 2NE3
£460K09/210.34 mi10, Wilkins Close, Mitcham, Greater London CR4 3SA3
£750K11/210.35 mi45, Denison Road, London, Greater London SW19 2DJ3
£540K03/210.35 mi139, Victoria Road, Mitcham, Greater London CR4 3JD3
£683K03/210.36 mi11, Clive Road, London, Greater London SW19 2JA3
£715K02/210.36 mi9, Walpole Road, London, Greater London SW19 2BZ3
£685K06/210.36 mi17, Walpole Road, London, Greater London SW19 2BZ3
£773K05/230.36 mi9, Walpole Road, London, Greater London SW19 2BZ3
£691K10/230.36 mi29, Birdhurst Road, London, Greater London SW19 2HZ3
£485K03/210.37 mi22, Oakmead Place, Mitcham, Greater London CR4 3RU3
£525K04/230.37 mi63, Hogarth Crescent, London, Greater London SW19 2DN3
£475K03/210.37 mi14, Veals Mead, Mitcham, Greater London CR4 3SB3
£560K06/210.37 mi27, Willow View, London, Greater London SW19 2UR3
£575K09/220.38 mi39, Fleming Mead, Mitcham, Greater London CR4 3LY3
£510K03/210.38 mi18, Hogarth Crescent, London, Greater London SW19 2DW3
£710K04/210.38 mi22, Meadow Road, London, Greater London SW19 2ND3
£760K03/240.38 mi13, Croft Road, London, Greater London SW19 2NF3
£590K01/230.39 mi5, Veals Mead, Mitcham, Greater London CR4 3SB3
£675K11/230.39 mi6, Carter Road, London, Greater London SW19 2DQ3
£710K03/210.39 mi38, Dane Road, London, Greater London SW19 2NB3
£540K06/230.39 mi25, Island Road, Mitcham, Greater London CR4 3JH3
£666K06/210.39 mi31, Deburgh Road, London, Greater London SW19 1DR3
£540K12/220.39 mi8, Tyrrell Square, Mitcham, Greater London CR4 3SD3
£680K05/210.41 mi8, Denison Road, London, Greater London SW19 2DA3
£830K03/240.41 mi27, All Saints Road, London, Greater London SW19 1BU3
£780K06/210.41 mi25, All Saints Road, London, Greater London SW19 1BU3
£875K03/230.41 mi11, All Saints Road, London, Greater London SW19 1BU3
£865K06/230.41 mi45, Norman Road, London, Greater London SW19 1BW3
£760K03/210.41 mi39, Norman Road, London, Greater London SW19 1BW3
£657.5K12/200.41 mi15, Norman Road, London, Greater London SW19 1BW3
£505K05/230.41 mi56, Hawkes Road, Mitcham, Greater London CR4 3JG3
£537K06/230.41 mi8, Hawkes Road, Mitcham, Greater London CR4 3JG3
£550K11/220.42 mi39, Mount Road, Mitcham, Greater London CR4 3EZ3

Local Rents

51 rents from £1.6K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,15009/240.04 mi-3
£2,60012/240.04 mi-3
£2,40009/240.06 miColwood Gardens, Colliers Wood, London, SW193
£2,40009/240.07 miColwood Gardens, Colliers Wood3
£2,40004/250.11 mi-3
£2,30003/240.14 miBrailsford Close, MITCHAM3
£2,30012/240.14 miBrailsford Close, Mitcham3
£2,30002/240.14 mi-3
£2,30002/250.14 mi-3
£2,70002/240.14 mi-3
£2,70002/240.14 mi-3
£2,30005/240.14 mi-3
£2,50001/250.18 mi-3
£2,00009/240.23 miCavendish Road, Colliers Wood, London, SW193
£2,39009/240.23 mi-3
£2,00009/240.23 miByegrove Road, Colliers Wood, London, SW193
£2,70009/240.25 mi-3
£2,20004/240.26 miHeathfield Drive, Colliers Wood Borders3
£1,80009/240.27 miLiberty Avenue, Colliers Wood, London, SW193
£2,60009/240.27 mi-3
£1,60009/240.27 miCollege Road, Colliers Wood3
£2,20003/240.28 miAlexandra Road Mitcham CR43
£2,60009/240.31 miRunnymede, Colliers Wood, London, SW193
£2,65010/240.32 mi-3
£2,80009/240.32 mi-3
£3,50004/250.34 mi-3
£2,15009/240.35 miDenison Road, Colliers Wood London3
£3,50004/250.36 mi-3
£1,95009/240.36 miHarewood Road, Colliers Wood3
£2,74909/240.38 miCroft Road, London, SW193
£2,74909/240.38 mi-3
£2,60009/240.39 miCarter Road, Colliers Wood3
£2,70005/240.39 miIsland Road London CR43
£2,30004/250.39 mi-3
£2,75009/240.39 miNorman Road, SW193
£2,35002/240.4 mi-3
£2,20001/250.41 mi-3
£2,30003/250.41 mi-3
£2,20004/240.41 miFleming Mead, Mitcham, Surrey, CR43
£2,40003/240.41 miBordergate, Mitcham3
£2,40003/240.41 miBordergate, Mitcham3
£2,75012/240.41 mi-3
£2,80009/240.42 miFlat 1, Waterfall Road , Colliers Wood SW193
£2,10012/240.43 mi-3
£2,10012/240.43 mi-3
£2,00003/240.43 miLavendar Avenue, Mitcham, CR43
£2,70001/250.46 mi-3
£2,80009/240.47 miLyveden Road, Colliers Wood, London, SW173
£2,57512/240.49 mi-3
£2,40004/240.5 miLavender Avenue, Mitcham, CR43
£2,40005/240.5 mi-3

Local Area Statistics

Population in SW19

77,441

Population in London

4,771,921

Town centre distance

8.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £650,000

February 6, 2024

Floor Plans

Description

  • End Of Terrace Family Home +
  • Great Sized Garden +
  • Huge Potential For Extensions +
  • Quiet Cul-De-Sac +
  • Close To Tube Station +
  • Outstanding Primary School Catchment +
  • EPC Rating : D +
  • Merton Council Tax Band : D +

A three bedroom 1930’s end of terrace family home located in a quiet sought after area close to both Tube Station and Local Amenities, offered to the market with no onward chain. Although the property would benefit from having some updating it would be ideal for a family looking to move into the SW19 area as the property further benefits from good sized garden huge potential for extensions (subject to the usual planning permissions) and a double garage.

Agent Details

Ellisons, Colliers Wood

020 3889 9039

Next Steps?

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