2 Bed Flat, Single Let, Wallington, SM6 9DX, £270,000

Heron Way, Wallington, SM6 9DX - 1 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~55 m²
+6 photos

ValuationOvervalued

Sold Prices£132.5K - £646K
Sold Prices/m²£1.9K/m² - £6.3K/m²

 

 

Square Metres

~55.46 m²
Price/m²£4.9K/m²

Value Estimate

£255,533

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,425

Running Costs/mo

£1,149

Cashflow/mo

£276

Cashflow/yr

£3,315

ROI

4%

Gross Yield

6%

Local Sold Prices

30 sold prices from £132.5K to £646K, average is £296.3K. £1.9K/m² to £6.3K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£290K10/200.04 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£132.5K11/200.16 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£140K05/210.18 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£210K10/210.26 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£292.5K07/210.36 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£260K11/200.36 mi36, Sunkist Way, Wallington, Greater London SM6 9LQ2
£230K01/230.4 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£340K03/230.45 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£348K08/230.47 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£264K04/210.49 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.49 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£646K06/210.5 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£190K10/210.53 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£347.5K07/230.61 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£225K04/210.61 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£335K06/230.61 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£325K03/230.64 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£430K09/210.7 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£272.5K12/200.72 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£141K01/210.72 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£255K07/230.74 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£340K06/210.82 mi45, Park Road, Wallington, Greater London SM6 8AA2
£345K02/210.84 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£322.5K04/210.87 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£315K10/210.87 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£287K02/210.98 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.98 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.98 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£320K05/210.98 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.98 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2

Local Rents

35 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55009/240 miHeron Way Wallington SM62
£1,50008/240.06 miHengist Way, Wallington, Surrey, SM62
£1,70010/240.25 mi-2
£1,57509/240.31 miStafford Road, WALLINGTON2
£1,45009/240.34 miStafford Road, Wallington, SM62
£1,45008/240.34 miStafford Road, WALLINGTON2
£1,50009/240.34 miStafford Road, WALLINGTON2
£1,87512/240.36 mi-2
£1,60002/240.36 mi-2
£1,40008/240.4 miLancastrian Road Wallington SM62
£1,65009/240.4 mi-2
£1,75008/240.41 miStafford Road, Wallington, Surrey, SM62
£1,70003/250.41 mi-2
£1,60009/240.43 mi-2
£1,90010/240.44 mi-2
£1,90009/240.44 miStafford Road, Wallington, SM62
£1,45008/240.51 mi-2
£1,87509/240.52 miBeddington Grove, Wallington, SM62
£1,87509/240.52 miBeddington Grove, Wallington SM6 8LH2
£2,30008/240.53 mi-2
£1,58002/250.54 mi-2
£1,55008/240.54 mi-2
£1,64509/240.54 miWoodcote Road, WALLINGTON2
£1,35008/240.55 miRosemount Clarendon Road Wallington SM6 8RW2
£1,45008/240.55 miClarendon Road, WALLINGTON2
£1,47508/240.56 miWoodcote Road, Wallington, SM62
£1,60009/240.56 mi-2
£1,50008/240.57 miCavalier Close Wallington SM62
£1,60004/250.57 mi-2
£1,45009/240.58 mi-2
£1,65010/240.59 mi-2
£1,75009/240.6 miCavalier Close, Wallington, SM62
£1,65009/240.6 mi-2
£1,65009/240.6 miJasmine Court, Wallington, SM62
£1,60004/250.61 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.45 miles away

Nearest school

0.10 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £270,000

January 19, 2025

Price changed to £280,000

December 4, 2024

Listed for £300,000

July 30, 2024

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • QUIET LOCATION +
  • LOFT STORAGE +
  • JULIET BALCONIES +
  • LONG LEASE +
  • TOP FLOOR +
  • ALLOCATED PARKING +
  • MODERN KITCHEN & BATHROOM +

SUMMARY
With local amenities close by, Heron Way is situated in a quiet cul-de-sac location, overlooking communal grounds. The apartment comes with a long lease, allocated parking space, plus additional visitor parking bays.

DESCRIPTION
Tucked away in a peaceful setting is this elegant two double bedroom second floor flat. This apartment is set on the top floor, boasting consistently light and spacious, open plan accommodation with the added bonus of loft storage. Both bedrooms are sizeable doubles and both the master bedroom and lounge enjoy access to Juliet balconies. The kitchen and bathroom have a modern finish making this the ideal first time purchase to move straight into. With local amenities close by, Heron Way is situated in a quiet cul-de-sac location, overlooking communal grounds. The apartment comes with a long lease, allocated parking space, plus additional visitor parking bays. Call now to arrange a viewing!

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Wallington

020 3909 9087

Next Steps?

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