3 Bed Flat, Single Let, London, SE25 5LB, £350,000

15 Werndee Road, London, Greater London, SE25 5LB - 5 views - 10 months ago

Leasehold
BTL
ROI: 4%
62 m²
+20 photos

ValuationOvervalued

Sold Prices£100K - £650K
Sold Prices/m²£3K/m² - £10.2K/m²

 

 

Square Metres

62 m²
Price/m²£5.6K/m²

Value Estimate

£293,575

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,750 - £2,750

Rent Estimate

£1,829

Running Costs/mo

£1,480

Cashflow/mo

£349

Cashflow/yr

£4,193

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £650K, average is £382.5K. £3K/m² to £10.2K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£415K10/200.2 mi54, Birchanger Road, London, Greater London SE25 5BB3
£580K12/210.41 mi71, Tennison Road, London, Greater London SE25 5RY3
£354K11/210.64 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£280K05/210.65 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£420K08/210.73 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/210.73 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£435K09/230.75 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£390K01/210.76 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/210.76 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/210.76 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£408.3K03/210.78 mi46, Samos Road, London, Greater London SE20 7TU3
£445.5K12/200.83 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/210.83 mi40a, Samos Road, London, Greater London SE20 7TU3
£425K11/200.89 mi27a, Worbeck Road, London, Greater London SE20 7SW3
£100K06/231.04 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£362K07/231.04 mi63a, Stretton Road, Croydon, Greater London CR0 6ES3
£530K10/221.07 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£345K06/211.1 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£422.5K05/231.13 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£320K02/231.15 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£286K06/211.15 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£290K02/211.17 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£285K10/201.19 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/231.19 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£365K09/211.2 mi31, Cornish Grove, London, Greater London SE20 8RB3
£280K10/201.2 mi199, Mersham Road, Thornton Heath, Greater London CR7 8NU3
£234.2K03/211.21 miFlat 25, Deverill Court, Avenue Road, London, Greater London SE20 7RZ3
£241.3K08/231.22 mi120, Auckland Road, London, Greater London SE19 2RP3
£350K11/201.26 miFlat 10, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£292K05/211.26 miFlat 5, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£535K03/231.26 mi97, Birkbeck Road, Beckenham, Greater London BR3 4SW3
£570K08/211.29 miFlat A, 85, Anerley Road, London, Greater London SE20 8AU3
£395K06/211.31 miFlat 15, Maberley Court, Maberley Crescent, London, Greater London SE19 2JG3
£528K02/231.31 mi29, Castledine Road, London, Greater London SE20 8PL3
£350K06/211.33 mi153a, Croydon Road, Beckenham, Greater London BR3 3QH3
£500K01/211.34 mi10a, Franklin Road, London, Greater London SE20 8HW3
£355K11/211.35 mi23, Trenholme Terrace, London, Greater London SE20 8PW3
£535K02/211.41 mi49d, Anerley Park, London, Greater London SE20 8NQ3
£267K03/211.41 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£375K11/201.43 mi4a, Waldegrave Road, London, Greater London SE19 2AJ3
£255K06/231.48 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£330K03/231.6 mi132a, Melfort Road, Thornton Heath, Greater London CR7 7RP3
£375K02/231.63 mi1, Barson Close, London, Greater London SE20 7HR3
£345K02/211.63 mi34, Queen Adelaide Road, London, Greater London SE20 7DX3
£300K11/201.77 mi17, Priory Crescent, London, Greater London SE19 3ED3
£650K02/211.82 mi55a, Central Hill, London, Greater London SE19 1BS3
£400K05/211.82 mi10, Rectory Green, Beckenham, Greater London BR3 4HX3
£640K12/201.83 miGround And First Floor Flat, 39, Woodland Road, London, Greater London SE19 1NU3
£417K02/231.84 miFlat 23, Coniston Court, Springfield Road, London, Greater London SE26 6HF3
£425K04/231.84 miFlat 11, Coniston Court, Springfield Road, London, Greater London SE26 6HF3

Local Rents

50 rents from £1.8K/mo to £2.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,00001/250.04 mi-3
£2,40008/240.06 miPortland Road, London3
£2,40008/240.06 miPortland Road, London3
£2,20008/240.13 miAddison Road, London3
£2,75009/240.13 mi-3
£2,26001/250.13 mi-3
£1,90008/240.14 miCresswell Road, London3
£2,10008/240.14 mi-3
£2,25008/240.18 miBirchanger Road, South Norwood3
£2,50011/240.19 mi-3
£2,10011/230.22 miTennison Road, London, SE253
£2,65009/240.22 mi-3
£1,79508/240.22 mi-3
£1,79508/240.22 mi-3
£2,10008/240.23 miSidney Road, London, SE253
£2,20008/240.23 mi-3
£2,30008/240.23 miAlbert Road, SE253
£1,85008/240.23 mi-3
£2,00008/240.24 miSidney Road, London, SE253
£2,00008/240.24 mi-3
£2,20008/240.26 miPercy Road London SE253
£2,50002/250.28 mi-3
£2,00008/240.28 miOakley Road, South Norwood, London, SE253
£1,89503/250.28 mi-3
£2,05011/240.29 mi-3
£2,20008/240.29 miFerndale Road, LONDON3
£1,75003/250.29 mi-3
£2,40008/240.3 miSunny Bank, London, SE253
£2,20001/250.3 mi-3
£2,30002/240.31 mi-3
£2,00012/240.31 miDavidson Road, Croydon, CR03
£2,50008/240.32 mi-3
£2,50008/240.32 mi-3
£2,49508/240.32 mi-3
£2,49508/240.32 mi-3
£2,50008/240.32 mi-3
£1,80003/250.34 mi-3
£2,20002/250.35 mi-3
£1,90008/240.35 miDundee Road, London, SE253
£2,15012/240.35 miSutton Gardens, CROYDON3
£2,00008/240.37 miBirchanger Road, South Norwood3
£2,00008/240.41 miBrooklyn Avenue, South Norwood3
£2,60009/240.41 mi-3
£2,00008/240.43 miHambrook Road, London, SE253
£1,90011/230.46 miHarrington Road, London, SE253
£2,20003/250.47 mi-3
£1,95003/250.5 mi-3
£2,40008/240.51 miOliver Avenue, South Norwood, London, SE253
£2,40008/240.51 mi-3
£2,75008/240.53 mi-3

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.28 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £350,000

September 26, 2024

Listed for £375,000

June 10, 2024

Sold for £155,000

2006

Floor Plans

Description

  • Three Bedrooms +
  • Period Conversion Apartment +
  • First Floor +
  • Newly Refurbished +
  • Period Features +
  • Double Glazed +
  • Seperate Modern Kitchen +
  • Luxury Bathroom +

Guide Price £350,000 - £370,000
A unique opportunity to acquire this superb three bed period conversion apartment which has been recently refurbished to a very high standard by its current owner and is present to the market in the best possible condition.

Located on an extremely sought after tree lined residential road in the heart of Norwood Junction the period property retains its style, character and charm making it an ideal first time purchase or investment property.

The accommodation includes a light and airy reception room with high ceilings and big windows to allow lot of natural sunshine into your front room.

Further benefits include a newly fitted kitchen with integrated cooker and hob, three bright and airy bedrooms with the two double bedrooms having fitted wardrobes built in, a newly built utility cupboards, ample storage space, newly fitted modern bathroom with rain fall shower and high ceilings throughout the apartment.

The flat also includes a large loft which is ideal for conversion/storage, no chain and a long lease.

Transport links can be found via Norwood Junction train station with its 12-minute fast train which takes you straight into the centre of London in addition to direct bus routes which are a few minutes’ walk from the property.

Call now to book your viewing!

- Virtual Tour

*The furniture in some of these photos has been staged as the property is empty.

DIRECTIONS
Werndee Road is situated off Portland Road (A215). The locality is well served by local high street shops, schools and Norwood Junction Rail Station and Tramlink.

TRANSPORT
Norwood Junction (Approx. 0.4 miles)
Woodside Tramlink (Approx. 0.8 miles)
Selhurst (Approx. 1.2 miles)

Agent Details

Streets Ahead, South Norwood

020 3834 8690

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.