2 Bed Flat, Single Let, London, SE4 1LT, £475,000

Wickham Road, Brockley, London, SE4 1LT - 9 views - 9 months ago

Leasehold

BTL

~68 m²

+11 photos

ValuationOvervalued

Sold Prices	£305K - £750K
Sold Prices/m²	£5.5K/m² - £11.5K/m²

Square Metres	~68.11 m²
Price/m²	£7K/m²
Value Estimate	£458,235£458,235

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Rent Range	£1,600 - £2,500£1,600 - £2,500
Rent Estimate	£1,688
Running Costs/mo	£1,842£1,842
Cashflow/mo	£-154£-154
Cashflow/yr	£-1,848£-1,848
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £305K to £750K, average is £466K. £5.5K/m² to £11.5K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£410K	10/20	0.05 mi	Flat 7, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£401K	06/21	0.05 mi	Flat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£547.5K	02/23	0.08 mi	51a, Wickham Road, Brockley, London, Greater London SE4 1LT	£7,399	74	2	Flat
£461.3K	06/21	0.09 mi	61c, Tressillian Road, London, Greater London SE4 1YA	£5,898	78	2	Flat
£650K	03/21	0.1 mi	7a, Glensdale Road, London, Greater London SE4 1UE	£9,603	68	2	Flat
£525K	09/21	0.14 mi	Flat B, 110, Breakspears Road, London, Greater London SE4 1UD	-	-	2	Flat
£645K	01/23	0.16 mi	137a, Breakspears Road, London, Greater London SE4 1TY	-	-	2	Flat
£352.5K	06/21	0.16 mi	Flat 2, Jasmin House, Wickham Road, Brockley, London, Greater London SE4 1NF	-	-	2	Flat
£430K	11/20	0.16 mi	Flat 1, Hadrian Court, Breakspears Road, London, Greater London SE4 1XP	-	-	2	Flat
£600K	02/21	0.17 mi	Flat C, 44, Tressillian Road, London, Greater London SE4 1YB	£5,875	102	2	Flat
£375K	10/20	0.18 mi	110, Geoffrey Road, London, Greater London SE4 1NU	£7,353	51	2	Flat
£445K	03/21	0.18 mi	9b, Drake Road, London, Greater London SE4 1QH	£6,544	68	2	Flat
£350K	03/21	0.18 mi	Flat 4, May Tree House, Wickham Road, Brockley, London, Greater London SE4 1LZ	-	-	2	Flat
£615K	12/21	0.19 mi	11a, Tressillian Road, London, Greater London SE4 1YG	£6,029	102	2	Flat
£455K	01/23	0.2 mi	82c, Tyrwhitt Road, London, Greater London SE4 1QB	-	-	2	Flat
£531K	10/21	0.21 mi	162a, Tressillian Road, London, Greater London SE4 1XY	£8,045	66	2	Flat
£500K	04/23	0.24 mi	32b, Breakspears Road, London, Greater London SE4 1UW	£6,667	75	2	Flat
£555.5K	03/23	0.24 mi	32, Breakspears Road, London, Greater London SE4 1UW	£7,725	72	2	Flat
£465K	05/21	0.25 mi	83b, Manor Avenue, London, Greater London SE4 1TD	-	-	2	Flat
£475K	03/21	0.25 mi	93d, Manor Avenue, London, Greater London SE4 1TD	-	-	2	Flat
£750K	11/21	0.26 mi	20a, Wickham Road, Brockley, London, Greater London SE4 1NY	£6,557	114	2	Flat
£373.5K	11/20	0.26 mi	Flat 10, Holly Tree House, Brockley Road, London, Greater London SE4 2RU	-	-	2	Flat
£305K	10/20	0.26 mi	Flat 20, Holly Tree House, Brockley Road, London, Greater London SE4 2RU	-	-	2	Flat
£450K	12/22	0.27 mi	162, Upper Brockley Road, London, Greater London SE4 1SS	£6,716	67	2	Flat
£615K	11/21	0.28 mi	162, Upper Brockley Road, London, Greater London SE4 1SS	£9,179	67	2	Flat
£415.1K	06/21	0.28 mi	46d, Tyrwhitt Road, London, Greater London SE4 1QG	£5,535	75	2	Flat
£400K	06/21	0.29 mi	93a, Upper Brockley Road, London, Greater London SE4 1TF	-	-	2	Flat
£445.4K	01/23	0.3 mi	133a, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£475K	12/20	0.3 mi	133b, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£485K	03/21	0.3 mi	Flat A, 102, Sandrock Road, London, Greater London SE13 7TP	£7,823	62	2	Flat
£505K	01/21	0.32 mi	10a, Wickham Road, Brockley, London, Greater London SE4 1PB	£6,012	84	2	Flat
£467K	05/23	0.34 mi	13, Lloyd Villas, London, Greater London SE4 1US	£6,380	73	2	Flat
£420K	01/23	0.34 mi	18, Lloyd Villas, London, Greater London SE4 1US	£5,915	71	2	Flat
£500K	07/23	0.34 mi	43, Lloyd Villas, London, Greater London SE4 1US	£7,042	71	2	Flat
£520K	05/23	0.34 mi	22, Lloyd Villas, London, Greater London SE4 1US	-	-	2	Flat
£547K	09/23	0.35 mi	First Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU	£8,547	64	2	Flat
£525K	12/20	0.37 mi	36a, Shell Road, London, Greater London SE13 7TW	-	-	2	Flat
£425K	01/23	0.38 mi	Flat 5, Tower Court, Foxberry Road, London, Greater London SE4 2SY	-	-	2	Flat
£570K	05/21	0.4 mi	81a, Halesworth Road, London, Greater London SE13 7TL	-	-	2	Flat
£600K	10/23	0.42 mi	Ground Floor Flat, 16, Halesworth Road, London, Greater London SE13 7TN	£11,538	52	2	Flat
£490K	01/23	0.42 mi	Flat 18, Willow House, Dragonfly Place, London, Greater London SE4 2FJ	-	-	2	Flat
£500K	08/23	0.42 mi	3d, St Johns Vale, London, Greater London SE8 4EA	£7,610	66	2	Flat
£465K	12/20	0.45 mi	310a, Brockley Road, London, Greater London SE4 2AZ	£6,739	69	2	Flat
£325K	03/23	0.45 mi	Flat 2, Almond House, Malpas Road, London, Greater London SE4 1BY	-	-	2	Flat
£457.5K	10/20	0.46 mi	68a, Howson Road, London, Greater London SE4 2AT	£6,444	71	2	Flat
£370K	03/21	0.47 mi	Flat 16, Laburnum House, Malpas Road, London, Greater London SE4 1BL	-	-	2	Flat
£335K	04/21	0.47 mi	Flat 26, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£359K	05/21	0.47 mi	Flat 18, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£375K	03/21	0.47 mi	Flat 23, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£490K	04/21	0.48 mi	57a, Whitbread Road, London, Greater London SE4 2BD	-	-	2	Flat

Local Rents

49 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	08/24	0.01 mi	Breakspears Road, London, SE4	2	Flat
£2,100	08/24	0.03 mi	-	2	Flat
£2,200	08/24	0.03 mi	-	2	Flat
£2,100	08/24	0.08 mi	Wickham Road London SE4	2	Flat
£2,000	02/25	0.11 mi	-	2	Terraced House
£2,000	08/24	0.15 mi	Breakspears Road, Brockley, London, SE4	2	Flat
£1,700	08/24	0.16 mi	Jasmin House, SE4	2	Flat
£2,000	02/25	0.16 mi	-	2	Flat
£2,100	08/24	0.16 mi	Breakspears Road London SE4	2	Flat
£1,800	08/24	0.17 mi	Geoffrey Road Brockley SE4	2	Flat
£2,000	08/24	0.17 mi	Breakspears Road, London, SE4	2	Flat
£2,200	08/24	0.18 mi	Cranfield Road, SE4	2	Flat
£1,950	03/25	0.19 mi	-	2	Flat
£1,950	08/24	0.19 mi	Tressillian Road, London, SE4	2	Flat
£2,500	08/24	0.2 mi	Tressillian Road, SE4	2	Flat
£2,100	02/24	0.2 mi	-	2	Flat
£2,500	08/24	0.2 mi	Tyrwhitt Road Brockley SE4	2	Flat
£1,975	03/25	0.21 mi	-	2	Flat
£1,950	01/25	0.21 mi	-	2	Flat
£2,000	08/24	0.22 mi	Manor Avenue, London, SE4	2	Flat
£2,000	08/24	0.22 mi	-	2	Flat
£2,250	12/24	0.22 mi	-	2	Flat
£2,250	01/25	0.22 mi	-	2	Flat
£1,900	02/25	0.22 mi	-	2	Flat
£2,300	03/25	0.22 mi	-	2	Flat
£2,200	02/25	0.22 mi	-	2	Flat
£2,100	09/24	0.23 mi	-	2	Flat
£1,950	09/24	0.23 mi	-	2	Flat
£1,650	08/24	0.25 mi	Brockley Road London SE4	2	Flat
£2,350	08/24	0.25 mi	Top Flat, Manor Avenue, London, SE4	2	Flat
£2,000	08/24	0.25 mi	Manor Avenue, Brockley, London, SE4	2	Flat
£1,650	08/24	0.26 mi	Overcliff Road, Lewisham, SE13	2	Flat
£2,400	02/25	0.27 mi	-	2	Flat
£2,000	01/25	0.27 mi	-	2	Flat
£1,750	12/24	0.27 mi	-	2	Flat
£1,750	08/24	0.27 mi	St. Margarets Road, Brockley	2	Flat
£1,880	03/25	0.27 mi	-	2	Flat
£1,900	08/24	0.27 mi	Brockley Road, Brockley	2	Flat
£1,600	03/25	0.27 mi	-	2	Flat
£2,000	08/24	0.28 mi	Overcliff Road London SE13	2	Flat
£2,000	08/24	0.3 mi	Brookbank Road, Lewisham	2	Flat
£1,850	01/25	0.31 mi	-	2	Flat
£2,200	08/24	0.32 mi	Adelaide Avenue, Brockley	2	Flat
£1,850	08/24	0.32 mi	Wickham Road Brockley SE4	2	Flat
£1,750	08/24	0.32 mi	Nuding Close, London, SE13	2	Flat
£1,750	08/24	0.32 mi	-	2	Flat
£1,850	04/25	0.32 mi	-	2	Flat
£1,995	08/24	0.33 mi	Adelaide Avenue, Brockley, SE4	2	Flat
£1,895	10/24	0.33 mi	-	2	Flat

Local Area Statistics

Population in SE4	28,59528,595
Population in London	4,771,9214,771,921
Town centre distance	5.51 miles away5.51 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+18%+18%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £475,000

July 18, 2024

Floor Plans

Description

Chain Fee +
763 sq ft / 70.8 sqm +
Period Conversion +
Top Floor Apartment +
Brockley Conservation area +
Close to Local Amenities +
Council Tax Band C +
Energy Efficiency Rating: D +

*Guide Price - £475,000 - £500,000*

The Acorn Group are delighted to offer to the market this well presented two-bedroom period conversion apartment, which is set in a renowned and central location in the Brockley Conservation area.

The accommodation itself provides a free-flowing layout and boasts a vast amount of natural light. The two bedrooms are both spacious double bedrooms. The lounge is bright and airy plus the benefit of a separate kitchen measuring 12,2ft x 9,9ft. The bathroom is well presented, offering bath with overhead shower. This home is ready to move in!

Wickham Road is considered being one of SE4's most premium roads, connecting you from Brockley to New Cross. Brockley Station (0.3mi) is a 6 minute-minute walk away and offers great links into London Victoria & London Bridge.

Leasehold: 105 years remaining
Ground Rent: £200
Service Charge: £3179
Council Tax Band: C
EPC Rating: D

Agent Details

Acorn, Brockley

020 8059 2656

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.

Under Offer

2 Bed Flat, Single Let, London, SE4 1TU

£450,000

1 views • 2 months ago • 68 m²

Sold STC

2 Bed Flat, Single Let, London, SE4 1TS

£475,000

3 views • 6 months ago • 68 m²

Sold STC

3 Bed House, Single Let, London, SE4 1LL

£650,000

5 views • 5 months ago • 93 m²

2 Bed Flat, Single Let, London, SE4 1YA

£700,000

22 days ago • 68 m²