2 Bed Flat, Single Let, SM5 2AX £300,000

Baywillow Avenue, Carshalton, Surrey. SM5 2AX - 4 views - a year ago
Sold STC
Leasehold
BTL
ROI: 2%
~70 m²
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+4 photos

ValuationUndervalued

Sold Prices£150K - £400.5K
Sold Prices/m²£3.8K/m² - £7K/m²

 

 

Square Metres

~69.77 m²
Price/m²£4.3K/m²

Value Estimate

£348,850
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Rent Range

£1,399 - £2,000

Rent Estimate

£1,399

Running Costs/mo

£1,237

Cashflow/mo

£162

Cashflow/yr

£1,940

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £400.5K, average is £295K. £3.8K/m² to £7K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£295K02/250.01 mi26, Baywillow Avenue, Carshalton SM5 2AX2
£259.3K02/250.03 mi26, Otter Drive, Carshalton SM5 2FH2
£280K06/210.04 mi43, Millside, Carshalton, Greater London SM5 2BQ2
£289K03/230.11 mi78, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£272.5K05/210.12 mi66, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£270K07/210.15 mi18, Reynolds Close, Carshalton, Greater London SM5 2AY2
£297K03/230.15 mi7, Reynolds Close, Carshalton, Greater London SM5 2AY2
£269.9K01/230.15 mi16, Reynolds Close, Carshalton, Greater London SM5 2AY2
£283K07/230.18 mi137, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FD2
£290K01/230.18 mi90, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FD2
£260K12/240.19 mi20, Philips Close, Carshalton SM5 2FE2
£275K07/210.2 mi6, Philips Close, Carshalton, Greater London SM5 2FE2
£275K01/230.2 mi3, Philips Close, Carshalton, Greater London SM5 2FE2
£310K11/220.22 mi155, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FF2
£280K04/230.23 mi2, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FE2
£260K08/210.25 mi88, New Road, Mitcham, Greater London CR4 4LT2
£295K07/230.25 mi100, New Road, Mitcham, Greater London CR4 4LT2
£285K08/210.31 mi119a, Green Wrythe Lane, Carshalton, Greater London SM5 2ST2
£337.5K03/250.35 mi8a, Johnsons Close, Carshalton SM5 2LU2
£337.5K03/250.35 mi8a, Johnsons Close, Carshalton SM5 2LU2
£290K06/210.41 mi76, Green Wrythe Lane, Carshalton, Greater London SM5 2DP2
£267K12/220.41 mi82f, Green Wrythe Lane, Carshalton, Greater London SM5 2DP2
£400K07/250.42 miFlat 1, 2 Cord House, Rayon Close, Wallington SM6 7GA2
£360K06/250.42 miFlat 86, 188 Chambray House, London Road, Wallington SM6 7FL2
£150K05/230.42 mi18, Percy Road, Mitcham, Greater London CR4 4JU2
£332.5K02/250.44 miFlat 2, 86, London Road, Mitcham CR4 4JB2
£360K03/250.44 miFlat 47, 190 Pointelle House, London Road, Wallington SM6 7FW2
£372K03/250.44 miFlat 18, 190 Pointelle House, London Road, Wallington SM6 7FW2
£367K03/250.44 miFlat 73, 190 Pointelle House, London Road, Wallington SM6 7FW2
£377.5K03/250.44 miFlat 7, 190 Pointelle House, London Road, Wallington SM6 7FW2
£367K03/250.44 miFlat 73, 190 Pointelle House, London Road, Wallington SM6 7FW2
£377.5K03/250.44 miFlat 7, 190 Pointelle House, London Road, Wallington SM6 7FW2
£372K03/250.44 miFlat 18, 190 Pointelle House, London Road, Wallington SM6 7FW2
£237.5K10/210.44 miFlat 5c, Oakley Court, London Road, Mitcham Junction, Mitcham, Greater London CR4 4HS2
£280K04/230.44 miFlat 5f, Oakley Court, London Road, Mitcham Junction, Mitcham, Greater London CR4 4HS2
£263K02/250.45 mi39, Devana End, Carshalton, Greater London SM5 2NL2
£290K02/250.45 mi40, Devana End, Carshalton SM5 2NL2
£400.5K12/240.46 mi12, Oak Walk, Wallington, Greater London SM6 7DE2
£225K08/210.47 mi24a, Green Wrythe Lane, Carshalton, Greater London SM5 2DW2
£367K10/230.48 mi30, Strawberry Lane, Carshalton, Greater London SM5 2NQ2
£330K03/250.51 miFlat 2, 1 Wandle Lodge, Wandle Road, Wallington SM6 7ET2
£330K03/250.51 miFlat 2, 1 Wandle Lodge, Wandle Road, Wallington SM6 7ET2
£320K03/230.53 mi90, Denmark Road, Carshalton, Greater London SM5 2JW2
£326K08/250.55 mi1, Bedford Villas, Wrythe Green Road, Carshalton SM5 2QT2
£323.5K02/250.57 mi61, Flat 1, North Street, Carshalton SM5 2HG2
£265K07/210.58 mi37, Tavern Close, Carshalton, Greater London SM5 1JE2
£300K01/250.58 mi45 Windermere Court, 3, Denmark Road, Carshalton SM5 2HP2
£325K03/250.58 mi6, 45 Windermere Court, Denmark Road, Carshalton SM5 2HP2
£325K03/250.58 mi6, 45 Windermere Court, Denmark Road, Carshalton SM5 2HP2
£275K12/210.59 mi58a, Wrythe Lane, Carshalton, Greater London SM5 2RP2

Local Rents

50 rents from £1.4K/mo to £2K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,67511/250.02 miBaywillow Avenue, Carshalton, SM52
£1,55009/250.03 mi-2
£1,90007/250.04 miCulvers Avenue, Carshalton2
£1,75004/250.05 mi-2
£1,65009/240.05 miOtter Drive Carshalton SM52
£1,65006/250.05 miOtter Drive, Carshalton, Surrey, SM52
£1,65008/250.07 miMillside, Carshalton2
£1,90008/250.08 miKingswood Drive, Carshalton2
£1,67508/250.08 miSweetbriar Avenue, Carshalton, SM52
£1,47508/240.15 miReynolds Close, CARSHALTON2
£1,80010/250.16 miBuckhurst Avenue, Carshalton2
£1,75003/240.19 miMullards Close, Mitcham2
£1,39903/240.19 miMullards Close, Hackbridge, Surrey, CR42
£1,85006/250.19 miPhilips Close, Carshalton, SM52
£1,45011/250.2 miPhilips Close, Carshalton, Greater London, SM52
£1,40001/250.2 mi-2
£1,55006/250.2 mi-2
£1,45006/250.21 miPhilips Close, Carshalton, Surrey, SM52
£1,40010/250.22 miMullards Close, Mitcham, Surrey, CR42
£1,45011/250.22 miMullards Close, Carshalton, Greater London, CR42
£1,70008/250.22 mi-2
£1,95004/250.22 mi-2
£1,40003/240.22 miMullards Close, Mitcham, CR42
£1,60007/250.24 mi-2
£1,50007/250.26 miRestmor Way, Bridge House Restmor Way, SM62
£1,75010/250.27 miPeterborough Road, Carshalton2
£1,60008/240.27 mi-2
£1,60009/240.3 miRossignol Gardens, Carshalton, SM52
£1,80004/250.3 mi-2
£1,82508/250.3 mi-2
£1,82510/250.3 mi-2
£1,90006/250.33 miPercale House, Wallington, SM62
£1,90006/250.33 miPercale House, Wallington, SM62
£1,90007/250.33 mi-2
£1,87509/250.33 miFelnex Avenue, Wallington, SM62
£1,89010/250.33 miFelnex Avenue, Wallington, SM62
£1,89010/250.33 mi-2
£1,85009/240.33 mi-2
£1,80008/250.36 mi-2
£1,99903/250.39 mi-2
£1,75009/240.4 miLondon Road, Wallington, SM62
£1,69902/240.4 miLondon Road, Wallington, Surrey. SM62
£1,75012/240.4 mi-2
£2,00011/240.4 mi-2
£1,65009/240.4 miSaxon House, 170 London Road, WALLINGTON2
£1,50003/240.41 miClose to Watercress Park2
£1,70008/250.42 miRayon Close, Hackbridge Road, Wallington, SM62
£1,65007/250.42 miWinchcombe Road Carshalton SM52
£1,85001/250.42 mi-2
£1,59008/250.42 miClover Way, WALLINGTON2

Local Area Statistics

Population in SM5

37,962

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £300,000

July 12, 2024

Floor Plans

Property image

Description

  • Rarely available 2 bedroom 2nd floor apartment +
  • Original show flat +
  • Lift access +
  • Spacious 19'3 lounge dining room leading to balcony +
  • Modern o/p kitchen +
  • 12' bedroom 1 with en suite shower room +
  • 12'9 bedroom 2 +
  • Separate modern bathroom +
  • Residents parking* +
  • Within reach of Carshalton & Hackbridge Mainline BR stations +

Guide Price £300,000 Ushers are pleased to offer this rarely available & larger style 2 bedroom 2 bathroom 2nd floor apartment with own balcony, situated in a select development in Carshalton.

The owner informs us they fell in love with this apartment due to it being the original "show flat" in the development which benefits from larger accommodation & an en suite shower room, also the good connections to London with a bus stop directly outside the development that takes you to Morden underground as well as being within reach of both Carshalton & Hackbridge BR stations.

The property also benefits from having lift access, 18'3 entrance hall with 9'9 wide storage cupboard, 19'3 lounge dining room leading to own sizeable balcony, modern o/p kitchen, 12' bedroom 1 , en suite shower room, 12'9 bedroom 2, separate modern bathroom with white 3 piece suite, double glazing, modern heating and residents parking (1st come 1st served). EPC applied for, Council tax banding C. The owner informs us the Lease has approx 112 years remaining. Maintenance charges are approx £2100 pa & ground rent approx £200pa. Call now to register your interest! Exclusive to Ushers.

Agent Details

Ushers Estate Agents, Carshalton

020 8669 4114

Next Steps?

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