3 Bed Terraced House, Single Let, London, SW16 4HG, £550,000

Stanford Way, Norbury, SW16 4HG - 10 months ago

Sold STC
BTL
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£375K - £601K
Sold Prices/m²£3.9K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£532,986

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£1,900 - £3,000

Rent Estimate

£2,000

Running Costs/mo

£2,139

Cashflow/mo

£-139

Cashflow/yr

£-1,665

Gross Yield

4%

Local Sold Prices

50 sold prices from £375K to £601K, average is £465K. £3.9K/m² to £7K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£495K11/200.05 mi13, Middle Way, London, Greater London SW16 4HN3
£487K02/210.07 mi22, St Olaves Walk, London, Greater London SW16 5QQ3
£540K06/230.1 mi12, Rowan Road, London, Greater London SW16 5JL3
£545K12/220.11 mi25, Rosemead Avenue, Mitcham, Greater London CR4 1EZ3
£517.5K07/230.12 mi20, Rosemead Avenue, Mitcham, Greater London CR4 1EY3
£420K06/210.12 mi25, Church Walk, London, Greater London SW16 5JH3
£495K11/220.14 mi8, Sunnymead Avenue, Mitcham, Greater London CR4 1EU3
£490K06/210.14 mi12, Tomblin Mews, London, Greater London SW16 5FR3
£418K02/210.14 mi12, Sunnymead Avenue, Mitcham, Greater London CR4 1EU3
£525K07/230.15 mi24, Lymington Close, London, Greater London SW16 4QL3
£490K03/210.16 mi12, Cranesbill Close, London, Greater London SW16 5QL3
£490K12/220.16 mi25, Kingsmead Avenue, Mitcham, Greater London CR4 1ES3
£550K05/230.16 mi31, Kingsmead Avenue, Mitcham, Greater London CR4 1ES3
£455K10/210.18 mi171, Manor Way, Mitcham, Greater London CR4 1EN3
£429K02/210.19 mi29, Lyndhurst Avenue, London, Greater London SW16 4UG3
£495K04/230.2 mi146, Rowan Road, London, Greater London SW16 5JQ3
£452K12/220.25 mi36, Malvern Close, Mitcham, Greater London CR4 1EH3
£445K03/210.26 mi191, Stanford Road, London, Greater London SW16 4QG3
£475K09/210.28 mi140, Manor Road, Mitcham, Greater London CR4 1JE3
£428K03/210.29 mi131, Manor Way, Mitcham, Greater London CR4 1EJ3
£435K03/210.29 mi126, Abbotts Road, Mitcham, Greater London CR4 1JW3
£461K07/220.29 mi30, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£450K05/230.29 mi16, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£450K11/200.31 mi96, Meopham Road, Mitcham, Greater London CR4 1BJ3
£490K06/210.32 mi117, Turle Road, London, Greater London SW16 5QJ3
£440K12/210.32 mi156, Stanford Road, London, Greater London SW16 4QB3
£419K12/200.33 mi95, Manor Road, Mitcham, Greater London CR4 1JD3
£525K04/230.36 mi13, Hassocks Road, London, Greater London SW16 5EU3
£601K01/230.36 mi45, Rowan Crescent, London, Greater London SW16 5JA3
£568K02/230.37 mi61, Rowan Crescent, London, Greater London SW16 5JA3
£455K02/210.37 mi21, Rowan Crescent, London, Greater London SW16 5JA3
£440K05/210.38 mi11, Norbury Cross, London, Greater London SW16 4JG3
£535K02/210.38 mi78, Fieldend Road, London, Greater London SW16 5SU3
£425K06/210.39 mi63, Greenwood Road, Mitcham, Greater London CR4 1PF3
£442K08/230.39 mi274, Northborough Road, London, Greater London SW16 4BA3
£465K02/210.39 mi21, Norbury Rise, London, Greater London SW16 4JF3
£470K11/220.41 mi80, Oxford Close, Mitcham, Greater London CR4 1DZ3
£476.1K06/210.41 mi88, Oxford Close, Mitcham, Greater London CR4 1DZ3
£400K10/230.42 mi82, Norton Gardens, London, Greater London SW16 4TA3
£433K11/200.43 mi35, Manor Way, Mitcham, Greater London CR4 1EG3
£490K01/210.43 mi1, Manor Way, Mitcham, Greater London CR4 1EG3
£407.5K05/210.43 mi144, Norbury Court Road, London, Greater London SW16 4HY3
£505K05/210.43 mi128, Norbury Court Road, London, Greater London SW16 4HY3
£457K07/230.43 mi3, Manor Way, Mitcham, Greater London CR4 1EG3
£450K06/230.43 mi61, Manor Way, Mitcham, Greater London CR4 1EG3
£436K09/210.44 mi4, Oriel Close, Mitcham, Greater London CR4 1PA3
£497K07/210.45 mi54, Fieldend Road, London, Greater London SW16 5SS3
£507.5K11/220.47 mi34, Hatch Road, London, Greater London SW16 4PN3
£465K09/210.48 mi326, Grove Road, Mitcham, Greater London CR4 1AB3
£375K12/200.48 mi86, Caernarvon Close, Mitcham, Greater London CR4 1XE3

Local Rents

35 rents from £1.9K/mo to £3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,30003/240.11 miRosemead Avenue, Mitcham, CR43
£2,00009/240.12 miBeckway Road, SW163
£2,50012/240.2 mi-3
£2,10009/240.21 mi-3
£2,30003/240.21 mi-3
£2,10009/240.23 mi-3
£2,20009/240.25 mi-3
£2,00009/240.3 mi-3
£2,70009/240.3 miBENETT GARDENS, Norbury, London, SW163
£2,50004/240.35 miNeptune Court, Mitcham, CR43
£2,60005/240.35 miMeopham Road, Mitcham, CR43
£2,10009/240.36 miIsham Road, London, SW163
£2,60004/240.36 miRobinhood Close, Mitcham, Surrey3
£2,80009/240.36 miNorbury Cross, Norbury , SW163
£2,60005/240.38 mi-3
£3,00003/240.38 mi-3
£3,00003/240.38 miNeptune Court, Mitcham, CR43
£2,27503/250.38 mi-3
£2,10002/240.43 mi-3
£2,20009/240.43 miStockport Road, London, SW163
£2,20012/240.43 mi-3
£2,35002/250.43 mi-3
£2,60009/240.45 miEbenezer Walk, LONDON3
£2,40009/240.47 mi-3
£2,20009/240.47 miThree Bed Maisonette to rent in Norbury3
£2,15009/240.49 miAbingdon Road, London, SW163
£2,20009/240.51 miWoodmansterne Road, London3
£2,80009/240.52 miChurchmore Road, Streatham Common, SW163
£2,40003/240.52 miCrossways Road, Mitcham, Surrey, CR43
£1,90003/240.55 miWalton Way 3
£2,30003/250.56 mi-3
£2,50009/240.56 mi-3
£2,35003/240.57 mi-3
£2,30012/240.57 mi-3
£2,10009/240.6 miStanford Road Norbury3

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

8.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £550,000

June 26, 2024

Floor Plans

Description

  • Garage +
  • Freehold house +
  • 3 bedrooms +
  • Popular location +
  • Links into London bridge +
  • EPC rating: D +

A brilliant example of a three-bedroom home ideally located on the popular road of Stanford Way.

This unique property has been looked after by the tenants and comprises; three bedrooms, modern bathroom, and large, bright reception/dining room. The property also features a private garden and separate kitchen with high spec finish.

It would be an ideal purchase for a first-time buyer or home mover looking for more space. The property is ideally located on the popular Stanford way which is a short walk from Norbury stations with direct access to central London via Clapham junction, London Bridge and London Victoria.

Agent Details

Oaks Estate Agents, Streatham

020 3834 8291

Next Steps?

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