2 Bed Flat, Single Let, Wallington, SM6 0AU, £300,000

Parkgate Road, Wallington, SM6 0AU - 3 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~51 m²
+9 photos

ValuationOvervalued

Sold Prices£141K - £646K
Sold Prices/m²£3.4K/m² - £6.9K/m²

 

 

Square Metres

~50.50 m²
Price/m²£5.9K/m²

Value Estimate

£255,496

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,275 - £2,000

Rent Estimate

£1,350

Running Costs/mo

£1,228

Cashflow/mo

£123

Cashflow/yr

£1,470

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £141K to £646K, average is £321.1K. £3.4K/m² to £6.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£287K02/210.08 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.08 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.08 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£340K06/210.13 mi45, Park Road, Wallington, Greater London SM6 8AA2
£297.5K06/210.21 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.21 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£430K09/210.21 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£330K03/210.21 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£321K11/200.23 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.23 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£295K06/210.23 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.23 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.23 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£141K01/210.24 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£345K02/210.24 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£260K02/210.26 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.26 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.26 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K08/210.27 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£255K07/230.29 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£335K06/230.3 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£272.5K12/200.31 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£347.5K07/230.33 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£325K01/210.37 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.37 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£375K02/230.4 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£279K10/210.48 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.48 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£320K05/210.49 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.49 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£646K06/210.51 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£312K11/200.57 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2
£321.3K05/210.59 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£340K03/230.6 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£274.5K10/210.62 mi61, Caraway Place, Wallington, Greater London SM6 7AG2
£276K10/200.62 mi59, Caraway Place, Wallington, Greater London SM6 7AG2
£365K03/210.62 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£230K01/230.63 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£190K10/210.63 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£305K10/200.64 mi27, Beynon Road, Carshalton, Greater London SM5 3RW2
£300K02/210.64 mi26, Beynon Road, Carshalton, Greater London SM5 3RW2
£335K06/210.65 mi34, North Street, Carshalton, Greater London SM5 2JD2
£325K11/220.65 mi1, Dover Gardens, Carshalton, Greater London SM5 2LD2
£342K10/210.67 mi31, Sycamore Close, Carshalton, Greater London SM5 2PS2
£329K02/210.67 mi20, Sycamore Close, Carshalton, Greater London SM5 2PS2
£322K03/210.67 mi4, Sycamore Close, Carshalton, Greater London SM5 2PS2
£320K03/230.68 mi90, Denmark Road, Carshalton, Greater London SM5 2JW2
£335K11/200.68 mi80, Denmark Road, Carshalton, Greater London SM5 2JW2
£330K03/210.72 mi48, Strawberry Lane, Carshalton, Greater London SM5 2NQ2
£350K11/220.73 mi1a, Park Hill, Carshalton, Greater London SM5 3RS2

Local Rents

51 rents from £1.3K/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.03 mi-2
£1,80008/240.03 mi-2
£1,80008/240.03 mi-2
£1,45010/240.07 mi-2
£1,50009/240.09 mi17 Parkgate Road, Wallington, SM62
£1,50008/240.12 miParkgate Road, Wallington, SM62
£1,60009/240.12 miMaldon Road, Wallington2
£1,27509/240.15 miMaldon Road Wallington SM62
£1,60008/240.15 mi-2
£1,60008/240.15 mi-2
£1,55003/250.15 mi-2
£1,60008/240.15 miMaldon Road, Wallington, SM62
£1,47508/240.18 miGrosvenor Road, WALLINGTON2
£1,55008/240.19 miMaldon Road, Wallington, SM62
£1,50009/240.19 miCanon Court, 91 Manor Road, Wallington, SM62
£1,45008/240.2 mi91 Manor Road, Wallington2
£1,65009/240.2 miManor Road Wallington SM62
£1,50009/240.22 miBelmont Road, WALLINGTON2
£1,50002/240.22 miMelbourne Road, Wallington, Surrey, SM62
£1,40008/240.23 miBute Court, Bute Road, Wallington, SM62
£1,75012/240.23 mi-2
£1,75008/240.25 mi-2
£1,50009/240.26 mi-2
£1,55010/240.26 mi-2
£1,85001/250.28 mi-2
£1,60004/250.3 mi-2
£2,00009/240.3 miRotherfield Road, Carshalton, SM52
£1,60009/240.31 miBeddington Gardens, Wallington, SM62
£1,50009/240.36 miWoodcote Road, Wallington, SM62
£1,65010/240.37 mi-2
£1,60008/240.37 miCaledon Road, Wallington, Surrey, SM62
£1,50008/240.38 miCavalier Close Wallington SM62
£1,75009/240.38 miCavalier Close, Wallington, SM62
£1,60009/240.41 miHolmwood Gardens, Wallington, SM62
£1,45008/240.41 miClarendon Road, WALLINGTON2
£1,35008/240.41 miRosemount Clarendon Road Wallington SM6 8RW2
£1,60009/240.41 mi-2
£1,60011/240.41 mi-2
£1,55002/240.44 mi-2
£1,80009/240.49 miStanley Park Road2
£1,90009/240.49 miStafford Road, Wallington, SM62
£1,90010/240.49 mi-2
£1,60009/240.49 mi-2
£1,75008/240.5 miStafford Road, Wallington, Surrey, SM62
£1,65009/240.51 mi-2
£1,65009/240.51 miJasmine Court, Wallington, SM62
£1,65009/240.51 mi-2
£1,50008/240.51 miStanley Park Road, Wallington, SM62
£1,60010/240.52 mi-2
£1,30010/240.52 mi-2
£1,70003/250.53 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.57 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

June 6, 2024

Floor Plans

Description

  • Well situated two bedroom, ground floor apartment, sold with no onward chain. +
  • Spacious living/dining room with large bay window and dual aspect windows +
  • Large master bedroom with en-suite and generous single bedroom +
  • Easy access to Carshalton and Wallington High Streets, local schools and BR Stations +
  • Large and well maintained communal gardens, entry-com system and Double Glazing +
  • Council Tax - Band "C" +
  • EPC Rating - Current "C" / Potential "B" (78/82) +
  • Call the office today to book your appointment today! +

Silverman Black are pleased to present to market this spacious, two bedroom, ground floor apartment with 96 years remaining on the lease. The flat is perfectly situated, located under half a mile from both Wallington and Carshalton's respective High Streets and under 10 minute walk from Wallington BR Station, while Carshalton BR Station is less than a mile away. Internally the apartment boasts a 21 foot long living/dining room with dual aspect windows, a good sized kitchen with lots of cupboard space, a large master bedroom with en-suite shower room, a generous single bedroom, family bathroom and plenty of storage cupboards. Externally the flat has allocated, undercroft, off street parking and communal gardens for shared usage with the other residents. Other benefits include double glazing, entry-com system and visitors parking. Local amenities within 0.5 miles include Wallington Sainsbury's, Lidl, Westcroft Leisure Centre, Carshalton Park and The Grove park. In regards to local education facilities All Saints Primary, St Mary's ,St Philomena's and Wallington County Grammar School are all within a mile of the property. Ideal for First Time Buyers, Investors or those looking to downsize and to be sold Chain Free. Call the office today, to book your appointment!

Agent Details

Silverman Black, Carshalton

020 3871 8443

Next Steps?

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