3 Bed Semi-Detached House, Refurb/BRRR, West Wickham, BR4 0HN, £650,000

Pickhurst Lane, West Wickham, BR4 0HN - 1 views - a year ago

Sold STC
Refurb/BRRR
~137 m²
+16 photos

ValuationFair Value

Sold Prices£416K - £900K
Sold Prices/m²£3.8K/m² - £8.6K/m²

 

 

Square Metres

~137 m²
Price/m²£4.7K/m²

Value Estimate

£656,500

 

 

End Value (After Refurb)

£808,681

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£72,477

Bridging Loan Interest

£17,063

Total Cash In

£294,490

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£808,681

Agent Fees (1%)

£8,087

Bridging Loan

£487,500

Bridging Loan Interest

£17,063

Flip Profit

£18,604

Local Sold Prices

50 sold prices from £416K to £900K, average is £620K. £3.8K/m² to £8.6K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£680K03/230.07 mi292, The Avenue, West Wickham, Greater London BR4 0ED3
£795K06/220.11 mi221, Pickhurst Lane, West Wickham, Greater London BR4 0HJ3
£892K07/220.11 mi220, Pickhurst Lane, West Wickham, Greater London BR4 0HL3
£760K03/210.12 mi230, Pickhurst Lane, West Wickham, Greater London BR4 0HL3
£595K07/230.14 mi135, Mead Way, Bromley, Greater London BR2 9ES3
£775K06/230.16 mi301, Pickhurst Lane, West Wickham, Greater London BR4 0HW3
£635K08/210.16 mi211, Pickhurst Lane, West Wickham, Greater London BR4 0HH3
£540K11/200.17 mi180, Mead Way, Bromley, Greater London BR2 9ET3
£645K01/210.2 mi202, The Avenue, West Wickham, Greater London BR4 0EB3
£635K06/210.2 mi244, The Avenue, West Wickham, Greater London BR4 0EB3
£675K04/230.22 mi115, Goodhart Way, West Wickham, Greater London BR4 0EU3
£650K01/230.24 mi1, Barnhill Avenue, Bromley, Greater London BR2 9DP3
£585K01/230.25 mi213, Langley Way, West Wickham, Greater London BR4 0DW3
£650K06/220.25 mi215, Langley Way, West Wickham, Greater London BR4 0DW3
£580K07/230.25 mi227, Langley Way, West Wickham, Greater London BR4 0DW3
£575K12/200.25 mi8, Barnhill Avenue, Bromley, Greater London BR2 9DP3
£900K08/210.26 mi44, Woodlea Drive, Bromley, Greater London BR2 0UQ3
£825K05/230.26 mi38, Woodlea Drive, Bromley, Greater London BR2 0UQ3
£517.5K05/210.26 mi13, Sedgewood Close, Bromley, Greater London BR2 7QL3
£545K06/210.26 mi8, Sedgewood Close, Bromley, Greater London BR2 7QL3
£562K03/230.26 mi18, Eastry Avenue, Bromley, Greater London BR2 7PF3
£712K03/210.27 mi302, Pickhurst Lane, West Wickham, Greater London BR4 0HT3
£505K12/200.28 mi222, Langley Way, West Wickham, Greater London BR4 0DU3
£512K04/230.28 mi5, Bidborough Close, Bromley, Greater London BR2 9DW3
£500K02/210.28 mi53, Mead Way, Bromley, Greater London BR2 9ER3
£810K12/200.29 mi29, Pickhurst Mead, Bromley, Greater London BR2 7QP3
£567.5K05/230.29 mi197, Wickham Chase, West Wickham, Greater London BR4 0BH3
£595K05/230.3 mi54, Goodhart Way, West Wickham, Greater London BR4 0ES3
£615K10/200.3 mi22, Goodhart Way, West Wickham, Greater London BR4 0ES3
£607K12/200.3 mi16, Goodhart Way, West Wickham, Greater London BR4 0ES3
£760K11/220.3 mi208, Wickham Chase, West Wickham, Greater London BR4 0BP3
£721.5K03/210.31 mi47, Pickhurst Mead, Bromley, Greater London BR2 7QP3
£560K09/210.31 mi116, Mead Way, Bromley, Greater London BR2 9EU3
£800K06/210.31 mi39, Pickhurst Park, Bromley, Greater London BR2 0UE3
£700K07/230.33 mi51, Goodhart Way, West Wickham, Greater London BR4 0ER3
£665K10/200.33 mi115, Hayes Chase, West Wickham, Greater London BR4 0HY3
£715K11/200.34 mi23, Goodhart Way, West Wickham, Greater London BR4 0ER3
£541K03/210.34 mi27, Boughton Avenue, Bromley, Greater London BR2 7PL3
£625K05/230.34 mi3, Boughton Avenue, Bromley, Greater London BR2 7PL3
£550K02/210.34 mi14, Heath Rise, Bromley, Greater London BR2 7PD3
£650K02/210.35 mi7, Heath Rise, Bromley, Greater London BR2 7PB3
£605K03/210.35 mi25, Heath Rise, Bromley, Greater London BR2 7PB3
£599K05/210.35 mi181, Langley Way, West Wickham, Greater London BR4 0DN3
£548.5K06/210.36 mi160, Langley Way, West Wickham, Greater London BR4 0DT3
£635K06/210.37 mi122, The Avenue, West Wickham, Greater London BR4 0EA3
£440K10/200.37 mi4, Speldhurst Close, Bromley, Greater London BR2 9DT3
£485K11/220.38 mi21, Speldhurst Close, Bromley, Greater London BR2 9DT3
£695K03/210.38 mi306, Pickhurst Rise, West Wickham, Greater London BR4 0AY3
£416K11/200.38 mi17, Speldhurst Close, Bromley, Greater London BR2 9DT3
£425K01/210.38 mi19, Speldhurst Close, Bromley, Greater London BR2 9DT3

Local Rents

18 rents from £1.7K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,17504/240.28 miMead Way, Bromley, BR23
£1,95004/240.33 miBrenchley Close, Bromley, BR23
£1,95004/240.33 miBrenchley Close, Bromley, BR23
£1,95012/240.33 miBrenchley Close, Bromley, BR23
£2,90003/250.36 mi-3
£2,50003/250.38 mi-3
£2,30003/240.42 miHayesford Park Drive, Bromley, BR23
£2,25004/240.43 mi-3
£2,00003/250.44 mi-3
£2,20004/240.48 miHilldown Road, Bromley, BR23
£2,00003/250.54 mi-3
£1,70004/240.55 miLetchworth Drive, Bromley, BR23
£2,00012/230.55 mi-3
£2,50010/230.58 mi-3
£2,50001/250.58 mi-3
£2,00001/240.61 mi-3
£2,00003/240.61 mi-3
£2,00004/240.61 miStamford Drive, Bromley, BR23

Local Area Statistics

Population in BR4

19,349

Population in West Wickham

19,361

Town centre distance

0.87 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £650,000

February 27, 2024

Floor Plans

Description

  • Huge Potential To Extend (STPP) +
  • 1474 SQ FT +
  • 105' Rear Garden +
  • Garage & Driveway +
  • Close Proximity to Popular Schools +
  • Amenities Nearby +

Situated on this popular road and offering an impressive footprint with further potential to extend (STPP) this three bedroom semi detached home is in need of some modernisation but offers excellent potential. The spacious entrance hall leads to the bay front reception room, dining room, kitchen and two conservatories. In our opinion this space is prime for a substantial extension to create a modern open plan living area that would also open up views to the large rear garden. To the first floor are to be found three bedrooms and the family bathroom, off a landing. Similarly to what we have suggested with the ground floor, many other properties on the road have extended into the loft and also some above the garage, we therefore feel there is excellent potential here too (STPP). Externally the rear garden extends to over 100’ is not overlooked and is mostly laid to lawn. The front garden provides off road parking and access to the garage. With popular schools in close proximity and access to Hayes or Bromley Town Centre via public transport this family home offers huge potential combined with a great location, as such we strongly advise your internal inspection.

EPC Rating: E

Agent Details

Goatley Hirst Ltd, Bromley

020 3909 9785

Next Steps?

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