3 Bed Flat, Single Let, London, SE21 8RF, £350,000

Elmworth Grove, London, SE21 8RF - 1 views - 8 months ago

Under Offer
Leasehold
BTL
ROI: 7%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£285K - £1.5M
Sold Prices/m²£4K/m² - £10.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£420,000
BMV20%

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

£1,950 - £4,800

Rent Estimate

£2,100

Running Costs/mo

£1,534

Cashflow/mo

£566

Cashflow/yr

£6,795

ROI

7%

Gross Yield

7%

Local Sold Prices

51 sold prices from £285K to £1.5M, average is £520K. £4K/m² to £10.5K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£330K11/200.04 miFlat 32, Falcon Court, Elmworth Grove, London, Greater London SE21 8RG3
£440K12/200.06 miFlat 14, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ3
£415K02/210.06 miFlat 16, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ3
£475K12/210.1 miFlat 1, Bullfinch Court, Croxted Road, London, Greater London SE21 8RL3
£370K11/210.13 mi27, Park Hall Road, London, Greater London SE21 8EH3
£425K06/210.18 mi31, Glazebrook Close, London, Greater London SE21 8RP3
£852.5K02/210.25 mi11, Spenser Mews, London, Greater London SE21 8SN3
£615K12/220.29 mi160, Clive Road, London, Greater London SE21 8BP3
£650K01/230.29 mi22a, Tritton Road, London, Greater London SE21 8DE3
£435K10/220.31 mi48a, Tritton Road, London, Greater London SE21 8DE3
£520K03/210.44 mi58a, Durban Road, London, Greater London SE27 9RP3
£416K06/210.48 mi25, St Gothard Road, London, Greater London SE27 9QR3
£523K12/220.52 miFlat 7, William Brown Court, Norwood Road, London, Greater London SE27 9DD3
£550K02/210.53 miFlat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£475K02/210.56 mi142, St Louis Road, London, Greater London SE27 9QH3
£500K06/210.56 miFlat 8, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£560K06/230.56 miFlat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£623.5K08/210.57 miFlat 13, Stonehills Court, College Road, London, Greater London SE21 7LZ3
£497K08/230.57 miFlat 3, Stonehills Court, College Road, London, Greater London SE21 7LZ3
£681K03/210.58 mi10, Dalkeith Road, London, Greater London SE21 8LS3
£580K06/210.58 mi24, Dalkeith Road, London, Greater London SE21 8LS3
£450K06/210.58 mi2a, Station Rise, London, Greater London SE27 9BW3
£480K01/230.59 mi191b, South Croxted Road, London, Greater London SE21 8AY3
£620K03/210.6 mi15, Dalkeith Road, London, Greater London SE21 8LT3
£622K03/210.6 mi31, Dalkeith Road, London, Greater London SE21 8LT3
£285K02/230.6 miFlat 11, Julian House, Kingswood Estate, London, Greater London SE21 8PQ3
£655K09/210.62 mi203, Croxted Road, London, Greater London SE21 8NL3
£677.5K06/210.63 mi6a, Turney Road, London, Greater London SE21 8LU3
£765K06/210.63 mi60, Turney Road, London, Greater London SE21 8LU3
£395K05/210.65 mi34, Peabody Hill, London, Greater London SE21 8LD3
£985K05/210.71 mi100, Leigham Vale, London, Greater London SW2 3JH3
£1.5M12/210.73 mi4, Berwyn Road, London, Greater London SE24 9BD3
£285K07/210.75 miFlat 3, Parnall House, Kingswood Estate, London, Greater London SE21 8PZ3
£825K06/230.75 mi196a, Croxted Road, London, Greater London SE21 8NW3
£480K02/210.78 miGround Floor Flat, 60, Norwood Park Road, London, Greater London SE27 9UA3
£695K10/200.79 mi56a, Norwood Road, London, Greater London SE24 9BH3
£320K06/230.8 miFlat 12, Carmichael House, Kingswood Estate, London, Greater London SE21 8QE3
£343.5K11/200.82 miFlat 25, Levehurst House, Woodvale Walk, London, Greater London SE27 0HA3
£645K05/210.82 mi42a, Hawarden Grove, London, Greater London SE24 9DH3
£550K06/230.85 mi137b, Norwood Road, London, Greater London SE24 9AF3
£365K10/200.91 miFlat 29, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£355K10/200.91 miFlat 27, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£421K05/210.91 mi37, Durning Road, London, Greater London SE19 1JP3
£412K06/230.93 mi16, Gibbs Square, London, Greater London SE19 1JN3
£412K06/230.93 mi16, Gibbs Square, London, Greater London SE19 1JN3
£640K08/230.94 mi53a, Alexandra Drive, London, Greater London SE19 1AW3
£850K10/200.97 mi17b, Knollys Road, London, Greater London SW16 2JJ3
£490K12/220.98 mi33, Furneaux Avenue, London, Greater London SE27 0EQ3
£550K01/210.98 mi152, Casewick Road, London, Greater London SE27 0SZ3
£591K06/210.98 mi158, Casewick Road, London, Greater London SE27 0SZ3
£575K07/230.98 mi144, Casewick Road, London, Greater London SE27 0SZ3

Local Rents

50 rents from £1.9K/mo to £4.8K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£2,35009/240.07 miRosendale Road, London, SE213
£2,47508/240.08 miCroxted Road, West Dulwich, West Dulwich, London, SE213
£2,82508/240.08 miCroxted Road, West Dulwich, London, SE213
£3,25008/240.09 miCroxted Road, Dulwich, London, SE213
£2,30008/240.1 miCroxted Road, London, SE213
£2,40002/240.1 mi-3
£4,80012/240.13 mi-3
£2,65009/240.15 mi-3
£2,65008/240.15 miPark Hall Road, London, SE213
£2,60008/240.17 miPark Hall Road, Dulwich, London, SE213
£2,10008/240.18 miRosendale Road, London, SE213
£2,19508/240.18 miThurlow Park Road, London, SE213
£2,25008/240.2 mi2 Myton Road, West Dulwich, London, SE213
£3,10008/240.21 miGlazebrook Close, London, SE213
£3,10008/240.21 miGlazebrook Close, London, SE213
£3,30008/240.21 miGlazebrook Close, London, SE213
£3,10008/240.21 mi-3
£3,10010/240.21 mi-3
£3,35002/250.21 mi-3
£3,10003/250.21 mi-3
£2,20008/240.22 miTulsemere Road, London3
£2,50003/250.23 mi-3
£3,00008/240.25 miThurlow Park Road London SE213
£3,00009/240.28 mi-3
£3,30010/240.29 mi-3
£2,10008/240.3 miThurlow Park Road, East Dulwich3
£3,00008/240.31 miThurlow Park Road, London, SE213
£3,00008/240.31 miThurlow Park Road London SE213
£2,59508/240.31 miTritton Road, London3
£2,75008/240.36 miConey Acre, Dulwich, SE213
£2,90008/240.37 miPerifield, London, SE213
£2,90010/240.37 mi-3
£2,50008/240.41 miThurlow Hill, Dulwich, London, SE213
£2,30008/240.43 miThurlow Park Road, London, Greater SE213
£2,80008/240.44 miElmcourt Road, West Norwood3
£2,70009/240.44 miClive Road, West Dulwich, West Norwood, Gipsy Hill, Tulse Hill, SE213
£2,60001/250.44 mi-3
£2,20008/240.47 miFlat B, Elmcourt Road, London, SE273
£2,19508/240.49 miFawley Court 3
£2,95008/240.52 miWaylett Place, West Norwood, London, SE273
£3,10010/240.55 mi-3
£2,40010/240.57 mi-3
£1,95008/240.57 miCollege Road London SE213
£3,60010/240.57 mi-3
£3,60010/240.57 mi-3
£3,60010/240.57 mi-3
£2,25008/240.59 miNorwood High Street, London, SE273
£2,40003/250.6 mi-3
£2,50008/240.61 mi-3
£3,00003/250.61 mi-3

Local Area Statistics

Population in SE21

15,257

Population in London

4,771,921

Town centre distance

6.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-34%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £350,000

July 25, 2024

Floor Plans

Description

  • GUIDE PRICE £350K-£375K +
  • Three bedrooms +
  • Family bathroom +
  • Sunny private balcony +
  • No onward chain +
  • West Dulwich location +
  • 784 sq ft approx +
  • EPC rating C +

Offered to market with no onward chain and providing a fantastic blank canvas for a new owner to modernise to suit their needs is this spacious three bedroom first floor apartment.
Elmworth Grove is situated right in the heart of residential West Dulwich with delightful cafes, shops, pubs and restaurants supplemented by excellent transport links, popular schools and the wide open spaces of Bel Air and Dulwich parks.

Agent Details

Kinleigh Folkard & Hayward - Sales, West Dulwich

020 3835 2161

Next Steps?

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