3 Bed Flat, Single Let, CR7 8QT, £300,000

Lenham Road, Thornton Heath, CR7 8QT - 1 views - 8 months ago

Sold STC
BTL
ROI: 7%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£100K - £650K
Sold Prices/m²£3.4K/m² - £10.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£360,000
BMV20%

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

£1,750 - £3,500

Rent Estimate

£1,813

Running Costs/mo

£1,320

Cashflow/mo

£493

Cashflow/yr

£5,915

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £100K to £650K, average is £408.3K. £3.4K/m² to £10.2K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£320K02/230.03 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£290K02/210.04 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£285K10/200.05 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/230.05 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£345K06/210.08 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£280K10/200.09 mi199, Mersham Road, Thornton Heath, Greater London CR7 8NU3
£255K06/230.3 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£530K10/220.34 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£286K06/210.37 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£354K11/210.57 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£330K03/230.62 mi132a, Melfort Road, Thornton Heath, Greater London CR7 7RP3
£422.5K05/230.62 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£300K11/200.72 mi17, Priory Crescent, London, Greater London SE19 3ED3
£280K05/210.72 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£445K06/210.78 mi9, The Woodlands, London, Greater London SE19 3EG3
£241.3K08/230.79 mi120, Auckland Road, London, Greater London SE19 2RP3
£267K03/210.89 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£650K02/211.01 mi55a, Central Hill, London, Greater London SE19 1BS3
£395K06/211.03 miFlat 15, Maberley Court, Maberley Crescent, London, Greater London SE19 2JG3
£580K12/211.04 mi71, Tennison Road, London, Greater London SE25 5RY3
£375K11/201.08 mi4a, Waldegrave Road, London, Greater London SE19 2AJ3
£415K10/201.09 mi54, Birchanger Road, London, Greater London SE25 5BB3
£350K11/201.12 miFlat 10, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£292K05/211.12 miFlat 5, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£570K08/211.16 miFlat A, 85, Anerley Road, London, Greater London SE20 8AU3
£640K12/201.22 miGround And First Floor Flat, 39, Woodland Road, London, Greater London SE19 1NU3
£517.5K07/231.24 mi77, Durning Road, London, Greater London SE19 1JS3
£625K11/201.26 mi34b, Jasper Road, London, Greater London SE19 1SH3
£412K06/231.26 mi16, Gibbs Square, London, Greater London SE19 1JN3
£412K06/231.26 mi16, Gibbs Square, London, Greater London SE19 1JN3
£500K04/211.26 mi44b, Jasper Road, London, Greater London SE19 1SH3
£415K06/211.29 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£420K08/211.29 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£421K05/211.29 mi37, Durning Road, London, Greater London SE19 1JP3
£100K06/231.3 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£332.3K04/231.3 miFlat 26, Wiseman Court, Woodland Road, London, Greater London SE19 1PQ3
£390K01/211.31 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/211.31 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/211.31 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£408.3K03/211.32 mi46, Samos Road, London, Greater London SE20 7TU3
£640K08/231.33 mi53a, Alexandra Drive, London, Greater London SE19 1AW3
£528K02/231.34 mi29, Castledine Road, London, Greater London SE20 8PL3
£445.5K12/201.35 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/211.35 mi40a, Samos Road, London, Greater London SE20 7TU3
£365K10/201.36 miFlat 29, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£355K10/201.36 miFlat 27, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£365K09/211.38 mi31, Cornish Grove, London, Greater London SE20 8RB3
£435K09/231.39 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£355K11/211.39 mi23, Trenholme Terrace, London, Greater London SE20 8PW3
£535K02/211.4 mi49d, Anerley Park, London, Greater London SE20 8NQ3
£490K12/221.4 mi33, Furneaux Avenue, London, Greater London SE27 0EQ3

Local Rents

41 rents from £1.8K/mo to £3.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,10003/240.05 miMersham Road, THORNTON HEATH3
£2,00004/240.05 miMersham Road, THORNTON HEATH3
£2,00005/240.05 miMersham Road, THORNTON HEATH3
£2,60003/250.06 mi-3
£2,20002/240.1 mi-3
£2,50009/240.15 mi-3
£2,15003/240.17 mi-3
£2,15012/240.2 mi-3
£2,25012/240.2 mi-3
£2,35008/240.31 mi-3
£2,20012/240.31 mi-3
£2,30008/240.34 mi-3
£2,80001/250.34 mi-3
£1,75008/240.38 miSpa Hill, LONDON3
£2,20003/250.39 mi-3
£2,30003/250.39 mi-3
£1,85004/240.4 miParchmore Road, THORNTON HEATH3
£1,85005/240.4 miParchmore Road, THORNTON HEATH3
£1,80003/240.42 miParchmore Road, Thornton Heath, CR73
£2,99512/240.42 mi-3
£1,95008/240.42 mi-3
£2,00008/240.45 mi-3
£2,25008/240.45 miEgerton Road, London3
£1,85003/240.48 mi-3
£2,00008/240.48 miWhitehorse Lane, London, SE253
£2,65008/240.5 miSunset Gardens, London, SE253
£2,25003/250.5 mi-3
£2,50002/250.5 mi-3
£2,65008/240.51 miSunset Gardens, London, SE253
£3,50012/240.51 mi-3
£2,40004/240.53 miGilsland Road, Thornton Heath, CR73
£2,40005/240.53 mi-3
£2,99512/240.54 mi-3
£2,20005/240.55 miTalbot Road, Thornton Heath, CR73
£2,04003/250.57 mi-3
£2,20009/240.57 mi-3
£2,20003/240.57 miTalbot Road, THORNTON HEATH3
£2,20012/240.58 mi-3
£2,50012/240.59 mi-3
£2,10003/240.61 miZion Road, Thornton Heath, Surrey, CR73
£1,90003/240.61 miZion Road, Thornton Heath, CR73

Local Area Statistics

Population in cr7

44,620

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £300,000

October 26, 2024

Listed for £310,000

July 9, 2024

Floor Plans

Description

  • PRIVATE GARDEN +
  • CHAIN FREE +
  • THREE BEDROOMS +
  • SPACIOUS +
  • SHARE FREEHOLD +
  • GRANGEWOOD PARK +
  • SHORT WALK TO CRYSTAL PALACE +
  • NORWOOD JUNCTION TRAINSTATION +

Located within a sought after residential road within Thornton Heath North. Providing easy access to Thornton Heath High street and Crystal Palace Triangle, both boasting a plethora of amenities. Thornton Heath and Crystal Palace station's with links into Victoria, London Bridge and the Northern Line via Balham.

Larger than most and tastefully maintained, this stunning property comprises living room with ample space to dine, fitted kitchen, garden with patio ideal for al fresco dining, three bedrooms which provide ample storage and a family bathroom.

Other benefits include double glazing and Central heating, share of the freehold, on-street parking and a combination boiler.

Properties like this rarely enter the market and so viewings are highly recommended.

Agent Details

haart, Thornton Heath

020 3909 8975

Next Steps?

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