3 Bed Terraced House, Refurb/BRRR, London, SE6 1QB, £425,000

43 Castillon Road, London, Greater London, SE6 1QB - 13 views - a year ago

Refurb/BRRR
ROI: 3%
~83 m²
+7 photos

ValuationFair Value

Sold Prices£312K - £710K
Sold Prices/m²£2.9K/m² - £6.6K/m²

 

 

Square Metres

~82.50 m²
Price/m²£5.2K/m²

Value Estimate

£433,500

 

 

End Value (After Refurb)

£438,900

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£43,683

Bridging Loan Interest

£11,156

Total Cash In

£185,540

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£438,900

Mortgage (After Refinance)

£329,175

Mortgage LTV

75%

Cash Released

£10,425

Cash Left In

£175,115

Equity

£109,725

Rent Range

£1,388 - £4,530

Rent Estimate

£2,254

Running Costs/mo

£1,842

Cashflow/mo

£412

Cashflow/yr

£4,940

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £312K to £710K, average is £484.5K. £2.9K/m² to £6.6K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£600K03/220.13 mi147, Hazelbank Road, Catford, London, Greater London SE6 1LT3
£630K03/210.15 mi26, Hazelbank Road, London, Greater London SE6 1TL3
£453K11/200.19 mi226, Verdant Lane, London, Greater London SE6 1TN3
£360K12/200.2 mi12, Boundfield Road, London, Greater London SE6 1PR3
£361K04/210.21 mi146, Waters Road, London, Greater London SE6 1UQ3
£710K03/210.21 mi154, Broadfield Road, London, Greater London SE6 1TH3
£625K09/230.21 mi201, Minard Road, Catford, London, Greater London SE6 1NH3
£580K03/230.21 mi233, Minard Road, Catford, London, Greater London SE6 1NH3
£615K08/210.21 mi152, Minard Road, London, Greater London SE6 1NJ3
£608K05/230.22 mi193, Hazelbank Road, Catford, London, Greater London SE6 1LU3
£345K10/210.22 mi77, Battersby Road, London, Greater London SE6 1SA3
£356K02/210.22 mi81, Battersby Road, London, Greater London SE6 1SA3
£530K03/230.23 mi264, Verdant Lane, London, Greater London SE6 1TW3
£635K02/210.23 mi222, Ardgowan Road, London, Greater London SE6 1XA3
£450K12/200.24 mi282, Verdant Lane, London, Greater London SE6 1TW3
£460K03/210.24 mi240, Verdant Lane, London, Greater London SE6 1TW3
£450K01/230.24 mi386, Whitefoot Lane, Bromley, Greater London BR1 5SF3
£443K06/210.25 mi426, Whitefoot Lane, Bromley, Greater London BR1 5SF3
£440K10/200.26 mi65, Longhill Road, London, Greater London SE6 1TZ3
£420K03/210.26 mi43, Longhill Road, London, Greater London SE6 1TZ3
£587K09/210.27 mi235, Torridon Road, London, Greater London SE6 1RF3
£560K09/230.27 mi223, Torridon Road, London, Greater London SE6 1RF3
£499K11/200.27 mi265, Torridon Road, London, Greater London SE6 1RF3
£425K12/200.27 mi117, Longhill Road, London, Greater London SE6 1UB3
£431K06/210.28 mi79, Longhill Road, Catford, London, Greater London SE6 1UB3
£485K01/210.29 mi18, Longhill Road, London, Greater London SE6 1TY3
£421K06/210.29 mi62, Longhill Road, London, Greater London SE6 1TY3
£530K04/210.29 mi35, Ardfillan Road, London, Greater London SE6 1ST3
£625K05/230.29 mi37, Ardfillan Road, London, Greater London SE6 1ST3
£604.2K08/230.29 mi59, Ardfillan Road, London, Greater London SE6 1ST3
£600K09/210.31 mi62, Ardfillan Road, London, Greater London SE6 1SS3
£565K10/230.31 mi50, Ardfillan Road, London, Greater London SE6 1SS3
£394K06/210.31 mi252, Whitefoot Lane, Bromley, Greater London BR1 5SQ3
£312K11/200.32 mi2, Whitefoot Terrace, Bromley, Greater London BR1 5SH3
£401K08/230.32 mi32, Cranmore Road, Bromley, Greater London BR1 5EU3
£445K12/220.32 mi2, Oak Cottage Close, London, Greater London SE6 1JT3
£484K03/210.33 mi171, South Park Crescent, London, Greater London SE6 1JN3
£448K06/210.33 mi139, South Park Crescent, London, Greater London SE6 1JN3
£370K10/210.33 mi208, Moorside Road, Bromley, Greater London BR1 5EZ3
£603K04/210.33 mi39, Birkhall Road, London, Greater London SE6 1TF3
£400K03/230.34 mi257, Moorside Road, Bromley, Greater London BR1 5EY3
£409.1K06/210.37 mi140, South Park Crescent, London, Greater London SE6 1JS3
£450K04/230.37 mi5, Lincombe Road, Bromley, Greater London BR1 5HJ3
£525K12/230.37 mi138, South Park Crescent, London, Greater London SE6 1JS3
£650K01/230.39 mi204, Bellingham Road, London, Greater London SE6 1EJ3
£625K04/210.39 mi164, Ardgowan Road, London, Greater London SE6 1XB3
£586K10/220.39 mi12, Pasture Road, London, Greater London SE6 1JF3
£618K01/230.39 mi125, Ardgowan Road, London, Greater London SE6 1UY3
£520K03/210.4 mi177, Bellingham Road, London, Greater London SE6 1EQ3
£400K11/230.41 mi18, Penderry Rise, London, Greater London SE6 1HA3

Local Rents

46 rents from £1.4K/mo to £4.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,90003/250.02 mi-3
£2,17510/240.18 mi-3
£2,25008/240.18 miTorridon Road, London, SE63
£2,25008/240.18 miTorridon Road, London, SE63
£2,10008/240.23 miBattersby Road London SE63
£1,85008/240.24 miVerdant Lane, London, SE63
£2,50010/240.24 mi-3
£2,20008/240.27 mi-3
£1,95003/240.29 miWhitefoot Lane, Bromley3
£1,38803/240.32 miCranmore Road, Bromley, London, BR13
£2,20003/240.39 mi-3
£2,20003/240.39 mi-3
£2,20011/230.39 miArdgowan Road, Catford, SE63
£1,85005/240.41 mi-3
£2,00003/240.41 miWoodbank Road, Bromley, BR13
£1,88504/240.41 miWoodbank Road, Bromley, BR13
£2,10001/250.45 mi-3
£2,10009/240.45 mi-3
£2,10008/240.45 miCumberland Place, London, SE63
£2,55008/240.45 mi-3
£2,50008/240.45 mi-3
£2,55008/240.45 mi-3
£2,15001/250.46 mi-3
£2,20012/240.47 mi-3
£2,00003/240.48 miPendragon Road, Bromley3
£2,00012/240.48 mi-3
£1,90012/240.49 mi-3
£1,85012/240.49 mi-3
£2,40008/240.51 miSouth Park Crescent, London3
£2,10008/240.51 miCumberland Place London SE63
£2,20012/240.52 mi-3
£4,53003/240.52 mi-3
£2,70008/240.55 miMuirkirk Road London SE63
£2,20003/250.55 mi-3
£2,20003/250.55 mi-3
£2,00008/240.56 miFurther Green Road, Catford, London, SE63
£2,20012/240.57 mi-3
£2,20012/240.57 mi-3
£2,35012/240.58 mi-3
£2,30003/250.58 mi-3
£2,20003/240.58 miWinlaton Road, BROMLEY3
£2,20003/240.58 miWinlaton Road, BROMLEY3
£2,00001/250.59 mi-3
£1,95003/240.6 miNorthover, Bromley, BR13
£3,00003/250.61 mi-3
£2,80008/240.61 miWellmeadow Road, Catford, London, SE63

Local Area Statistics

Population in SE6

53,011

Population in London

4,771,921

Town centre distance

7.90 miles away

Nearest school

0.10 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £425,000

May 9, 2024

Sold for £219,500

2007

Sold for £168,000

2004

Sold for £61,500

1998

Floor Plans

Description

  • Mid Terraced House +
  • Three Bedrooms +
  • Large reception +
  • Fitted Kitchen & Downstairs Bathroom +
  • 40 ft Rear Garden +
  • In need of some updating +
  • Close to Grove Park Station +

Guide Price £400k - £420k

A three bedroom mid terraced house in Catford. Benefitting from a 14ft Reception room, modern fitted separate kitchen, downstairs bathroom, separate WC and a 40ft rear garden. Double glazed throughout and gas central heating. Situated in a quiet residential area with schools and parkland. Access to local bus services (124) and less than 1 mile to Grove Park Train Station.

Entrance Hall
Porch Entrance door. Front door. Understairs storage cupboard, tiled flooring, space for washing machine, storage area and door to garden.

Living Room (14'1x11'10)
Tiled flooring, picture rail, 2x D/G windows to front.

Kitchen (11'7x8'9)
Tiled flooring, fitted kitchen, Valiant combination boiler, fully tiled wall and double glazed window to rear.

Bathroom (5'4x5'4)
Fully tiled wall, handwash basin, panelled bath with shower attachment, radiator, tiled flooring, double glazed window to side, and radiator.

Separate WC
Tiled flooring, partly tiled wall, roof window, low level flush WC.

Landing
Laminated flooring. Access to loft.

Room 1 (17'10x9'1)
Laminated flooring, radiator, built-in storage cupboard, double glazed windows to front.

Room 2 (11'7x8'1)
Laminated flooring, double glazed window to rear, built-in wardrobe, radaitor.

Room 3 (9'5x8'6)
Laminated flooring, double glazed window to rear, radiator.

Garden (40ft)
Part covered terrace. Partly laid to patio, mainly laid to lawn.

Agent Details

home2u ltd, London

020 8690 5000

Next Steps?

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