3 Bed Terraced House, Single Let, Mitcham, CR4 1GH, £475,000

Esquiline Lane, Mitcham, CR4 1GH - 2 views - a year ago

Leasehold
BTL
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£350K - £650K
Sold Prices/m²£4.1K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.1K/m²

Value Estimate

£493,704
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£1,675 - £1,850,430

Rent Estimate

£1,875

Running Costs/mo

£1,879

Cashflow/mo

£-4

Cashflow/yr

£-52

Gross Yield

5%

Local Sold Prices

50 sold prices from £350K to £650K, average is £458.5K. £4.1K/m² to £7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£475K06/230.08 mi105, Tamworth Lane, Mitcham, Greater London CR4 1DJ3
£422.5K04/210.1 mi20, Hammond Avenue, Mitcham, Greater London CR4 1SR3
£512K04/210.11 mi8, Cedars Avenue, Mitcham, Greater London CR4 1EA3
£470K03/210.13 mi22, Hammond Avenue, Mitcham, Greater London CR4 1SR3
£625K11/220.13 mi51, Tamworth Lane, Mitcham, Greater London CR4 1DG3
£555K05/210.15 mi52, Grove Road, Mitcham, Greater London CR4 1SA3
£425K12/200.16 mi45, St Georges Road, Mitcham, Greater London CR4 1ED3
£432.5K10/200.16 mi33, St Georges Road, Mitcham, Greater London CR4 1ED3
£515K02/230.16 mi49, St Georges Road, Mitcham, Greater London CR4 1ED3
£452K06/230.16 mi196, Tamworth Lane, Mitcham, Greater London CR4 1DE3
£422K11/200.17 mi201, Tamworth Lane, Mitcham, Greater London CR4 1DH3
£350K12/200.18 mi46, St Georges Road, Mitcham, Greater London CR4 1EB3
£425K02/210.18 mi62, St Georges Road, Mitcham, Greater London CR4 1EB3
£450K02/210.18 mi28, St Georges Road, Mitcham, Greater London CR4 1EB3
£540K04/230.21 mi225, Commonside East, Mitcham, Greater London CR4 1HB3
£475K11/220.23 mi6, Barnard Road, Mitcham, Greater London CR4 2LB3
£600K08/220.26 mi39, Tamworth Park, Mitcham, Greater London CR4 1HZ3
£425K04/210.29 mi27, Worthington Close, Mitcham, Greater London CR4 1JQ3
£367.5K07/230.35 mi20, Lansdell Road, Mitcham, Greater London CR4 2JE3
£450K06/210.35 mi21, Commonside East, Mitcham, Greater London CR4 2QA3
£455K12/210.38 mi87, Grove Road, Mitcham, Greater London CR4 1SL3
£452K11/200.39 mi9, Carew Road, Mitcham, Greater London CR4 2JH3
£650K12/220.4 mi2, Commonside West, Mitcham, Greater London CR4 4HA3
£476.1K06/210.41 mi88, Oxford Close, Mitcham, Greater London CR4 1DZ3
£470K11/220.41 mi80, Oxford Close, Mitcham, Greater London CR4 1DZ3
£375K01/230.41 mi65, Feltham Road, Mitcham, Greater London CR4 2JQ3
£480K10/210.41 mi13, Pearce Close, Mitcham, Greater London CR4 2GP3
£471.5K03/210.42 mi11, Marlowe Square, Mitcham, Greater London CR4 1DT3
£450K05/230.42 mi16, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£433K11/200.42 mi35, Manor Way, Mitcham, Greater London CR4 1EG3
£490K01/210.42 mi1, Manor Way, Mitcham, Greater London CR4 1EG3
£457K07/230.43 mi3, Manor Way, Mitcham, Greater London CR4 1EG3
£450K06/230.43 mi61, Manor Way, Mitcham, Greater London CR4 1EG3
£460K04/210.43 mi16, Edgehill Road, Mitcham, Greater London CR4 2HU3
£450K12/210.43 mi4, Lime Tree Place, Mitcham, Greater London CR4 1AR3
£515K07/220.43 mi59, Graham Road, Mitcham, Greater London CR4 2HB3
£461K07/220.45 mi30, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£400K12/200.46 mi1, Manor Road, Mitcham, Greater London CR4 1JG3
£537.5K06/210.46 mi41, Manor Road, Mitcham, Greater London CR4 1JG3
£474.3K11/210.46 mi17, Albert Road, Mitcham, Greater London CR4 4AL3
£430K06/230.47 mi107, Grove Road, Mitcham, Greater London CR4 1AE3
£452K12/220.48 mi36, Malvern Close, Mitcham, Greater London CR4 1EH3
£530K02/210.48 mi15, Graham Road, Mitcham, Greater London CR4 2HB3
£495K04/230.48 mi34, Graham Road, Mitcham, Greater London CR4 2HA3
£500K09/210.48 mi8, Elmfield Avenue, Mitcham, Greater London CR4 2HL3
£437.5K01/210.48 mi17, Elmfield Avenue, Mitcham, Greater London CR4 2HL3
£500K03/230.49 mi20, Marsh Avenue, Mitcham, Greater London CR4 2JN3
£428K03/210.5 mi131, Manor Way, Mitcham, Greater London CR4 1EJ3
£490K06/210.51 mi12, Tomblin Mews, London, Greater London SW16 5FR3
£405K12/200.51 mi21, Whitford Gardens, Mitcham, Greater London CR4 4AB3

Local Rents

49 rents from £1.7K/mo to £1.9M/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,30003/240.05 miAventine Avenue, MITCHAM3
£2,16004/240.08 miVenice House, Mitcham, CR43
£2,30003/250.09 mi-3
£2,40003/240.15 miCrossways Road, Mitcham, Surrey, CR43
£2,25003/240.16 miGrove Road, Mitcham, CR43
£2,25003/240.16 mi-3
£2,25003/240.16 mi-3
£2,25003/240.17 miBrenley Close, Mitcham Common, CR43
£2,40002/240.27 mi-3
£2,60005/240.27 mi159 Commonside East Mitcham CR43
£3,50004/240.29 mi-3
£3,50004/240.29 mi-3
£2,35003/240.29 miEastfields Road, Mitcham3
£2,10003/240.3 miCommonside East, Mitcham, CR43
£2,30012/240.32 mi-3
£2,30004/250.32 mi-3
£1,67503/240.32 miHilary Avenue, Mitcham3
£2,19505/240.35 miCommonside East, MITCHAMN/A
£2,20004/240.36 miSt Marks Road, Mitcham, Surrey, CR43
£2,40004/240.4 miMontrose Gardens, Mitcham, CR43
£2,85004/240.41 miFernlea Road, Mitcham, CR43
£2,85003/240.42 miFernlea Road Mitcham CR43
£2,10005/240.42 miEdgehill Road, Mitcham3
£1,850,43010/230.46 miFernlea Road, Mitcham3
£2,20003/240.47 miElmfield Avenue, Mitcham, CR43
£2,40005/240.48 miLangdale Avenue, Mitcham, Surrey, CR43
£1,80004/240.48 miGraham Road, Mitcham3
£1,77003/240.48 miArmfield Crescent, Mitcham, CR43
£2,47505/240.5 mi-3
£2,10005/240.51 miGraham Avenue, Mitcham3
£2,49502/250.51 mi-3
£1,90003/240.51 miWalton Way 3
£2,50004/240.54 miNeptune Court, Mitcham, CR43
£1,95002/250.54 mi-3
£2,60005/240.55 mi-3
£2,30003/240.56 miRosemead Avenue, Mitcham, CR43
£2,60005/240.56 miMeopham Road, Mitcham, CR43
£2,60003/240.56 miEdgehill Road, Mitcham, CR43
£2,60009/240.57 miEbenezer Walk, LONDON3
£2,60003/240.58 miEdgehill Road, MITCHAM3
£2,20009/240.58 mi-3
£2,35004/240.59 miCricket Green, MITCHAM3
£2,40012/240.59 mi-3
£3,00003/240.59 miNeptune Court, Mitcham, CR43
£3,00003/240.59 mi-3
£2,60004/240.59 miRobinhood Close, Mitcham, Surrey3
£2,35003/240.6 mi-3
£2,10009/240.6 mi-3
£2,10009/240.62 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.32 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £475,000

April 25, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Private Roof Terrace +
  • Service Charge £2392.08 P/A +
  • Two Shower Rooms +
  • Allocated Parking +
  • Council Tax Band D +

SUMMARY
A simply charming and rarely available THREE BEDROOM, TWO BATHROOM, Penthouse apartment presented in immaculate condition. The property is well served over two floors with great living space throughout. The apartment has its very own roof terrace with great views.

DESCRIPTION
Looking for that WOW factor? This simply charming apartment is set on a popular development within easy walking distance to transport links such as Mitcham Eastfields Station, Bus Routes and Tram routes is our rarely available three double bedroom, three bathroom luxurious split level penthouse apartment. Accommodation compromises an entrance hall followed by a master bedroom with an en-suite, second double bedroom with access to a bathroom. First floor consists of a large kitchen / diner with fully fitted modern appliances and a large duel-aspect living area with patio doors leading out onto its very own roof terrace, one double bedroom and bathroom. This penthouse apartment is in immaculate condition and benefits from having that modern feel throughout.The property has an allocated parking space. Viewings are simply a must to take in what this apartment has to offer.

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Mitcham

020 3835 4181

Next Steps?

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