4 Bed Terraced House, Refurb/BRRR, Beckenham, BR3 6NL, £650,000

Kelsey Park Avenue, Beckenham, BR3 6NL - 7 views - 9 months ago

Under Offer
Refurb/BRRR
~129 m²
+8 photos

ValuationFair Value

Sold Prices£607K - £1.6M
Sold Prices/m²£4.8K/m² - £10.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£656,500

 

 

End Value (After Refurb)

£859,201

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£68,381

Bridging Loan Interest

£17,063

Total Cash In

£290,394

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£859,201

Agent Fees (1%)

£8,592

Bridging Loan

£487,500

Bridging Loan Interest

£17,063

Flip Profit

£72,715

Local Sold Prices

50 sold prices from £607K to £1.6M, average is £960K. £4.8K/m² to £10.5K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£780K02/210.09 mi54, Wickham Road, Beckenham, Greater London BR3 6LT4
£812K10/220.12 mi40, Wickham Road, Beckenham, Greater London BR3 6LT4
£1.3M12/220.17 mi19, Crescent Road, Beckenham, Greater London BR3 6NF4
£800K03/230.21 mi26, Wickham Road, Beckenham, Greater London BR3 5JT4
£830K12/220.24 mi29, Oakhill Road, Beckenham, Greater London BR3 6NG4
£1.2M10/200.25 mi31, Greenways, Beckenham, Greater London BR3 3NQ4
£1.6M08/230.27 mi15, Greenways, Beckenham, Greater London BR3 3NG4
£1.1M12/200.27 mi11, Greenways, Beckenham, Greater London BR3 3NG4
£780K04/230.27 mi23, Tudor Road, Beckenham, Greater London BR3 6QR4
£1.6M08/230.3 mi84, Manor Way, Beckenham, Greater London BR3 3LR4
£895K01/210.31 mi2, Thornton Dene, Beckenham, Greater London BR3 3ND4
£1.2M06/230.31 mi7, Thornton Dene, Beckenham, Greater London BR3 3ND4
£920K03/230.31 mi25, Bromley Road, Beckenham, Greater London BR3 5NT4
£1.1M01/230.32 mi21, Forest Ridge, Beckenham, Greater London BR3 3NH4
£1.1M01/230.32 mi18, Kenwood Drive, Beckenham, Greater London BR3 6QX4
£990K10/200.32 mi32, Kenwood Drive, Beckenham, Greater London BR3 6QX4
£1.1M11/200.33 mi27, Kelsey Way, Beckenham, Greater London BR3 3LP4
£720K11/200.33 mi63, Lankton Close, Beckenham, Greater London BR3 5DZ4
£1.1M07/230.34 mi94, Kenwood Drive, Beckenham, Greater London BR3 6RA4
£795K08/210.34 mi12, Fairfield Road, Beckenham, Greater London BR3 3LD4
£1.1M05/210.36 mi49, Kelsey Lane, Beckenham, Greater London BR3 3NF4
£627.5K11/200.37 mi16, Glendale Mews, Beckenham, Greater London BR3 5TY4
£915K05/210.38 mi125, South Eden Park Road, Beckenham, Greater London BR3 3AT4
£1.3M11/220.39 mi124, Kenwood Drive, Beckenham, Greater London BR3 6RB4
£970K11/200.39 mi115, Kenwood Drive, Beckenham, Greater London BR3 6RB4
£700K01/210.39 mi26, Oakwood Avenue, Beckenham, Greater London BR3 6PJ4
£1.0M09/230.42 mi3, Howards Crest Close, Beckenham, Greater London BR3 6NW4
£1.2M01/230.43 mi3, Stanley Avenue, Beckenham, Greater London BR3 6PU4
£1.3M02/210.43 mi51, Oakwood Avenue, Beckenham, Greater London BR3 6PT4
£740K06/210.44 mi11, Church Avenue, Beckenham, Greater London BR3 1DT4
£985K08/230.45 mi24, The Drive, Beckenham, Greater London BR3 1EQ4
£850K09/230.46 mi10, Springpark Drive, Beckenham, Greater London BR3 6QD4
£800K02/210.46 mi8, Springpark Drive, Beckenham, Greater London BR3 6QD4
£900K11/220.46 mi131, Village Way, Beckenham, Greater London BR3 3NL4
£950K06/210.47 mi36b, Albemarle Road, Beckenham, Greater London BR3 5HN4
£607K04/210.47 mi38, White Oak Drive, Beckenham, Greater London BR3 6QE4
£1.2M05/230.5 mi150, Bromley Road, Beckenham, Greater London BR3 6PG4
£1.0M03/210.5 mi1, Spinney Close, Beckenham, Greater London BR3 3XA4
£770K03/210.51 mi48, Whitmore Road, Beckenham, Greater London BR3 3NS4
£690K02/210.54 mi55, Bramerton Road, Beckenham, Greater London BR3 3NY4
£795K03/210.54 mi91, The Drive, Beckenham, Greater London BR3 1EF4
£783K05/210.54 mi125, The Drive, Beckenham, Greater London BR3 1EF4
£980K06/210.55 mi16, The Gardens, Beckenham, Greater London BR3 5PH4
£998.4K09/220.58 mi69, Hayes Lane, Beckenham, Greater London BR3 6RE4
£1.5M10/200.58 mi16, Ashmere Avenue, Beckenham, Greater London BR3 6PQ4
£888K02/210.59 mi83, Rectory Road, Beckenham, Greater London BR3 1HR4
£1.2M09/220.59 mi2, Oakway, Bromley, Greater London BR2 0LJ4
£670K03/230.6 mi8, Hazelhurst, Beckenham, Greater London BR3 5TL4
£800K02/230.61 mi8, River Grove Park, Beckenham, Greater London BR3 1HU4
£1.1M09/230.62 mi47, Scotts Lane, Bromley, Greater London BR2 0LT4

Local Rents

25 rents from £1.8K/mo to £5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,04503/240.09 miStonehaven, Beckenham, BR33
£2,04504/240.09 mi-3
£2,75002/250.29 mi-4
£2,50010/230.3 miStanmore Terrace, Beckenham, BR33
£2,20004/240.3 miLea Road, Beckenham, BR33
£2,90003/240.33 miLankton Close, Beckenham, BR34
£3,40003/240.33 miLankton Close Beckenham BR34
£2,00003/240.34 mi-3
£2,30004/240.37 miGlendale Mews, BR33
£1,80005/240.38 miHigh Street, Beckenham3
£3,85001/240.39 mi-5
£2,00003/240.4 miHigh Street Beckenham BR34
£5,00003/240.41 miManor Way, BR35
£5,00003/240.41 miManor Way Beckenham BR35
£5,00003/240.41 miManor Way, Beckenham BR35
£4,20003/240.45 miThe Mead Beckenham BR34
£3,25004/240.48 miWhite Oak Drive, Beckenham, BR34
£1,85012/240.49 miRectory Road, Beckenham, BR33
£2,50003/240.52 miRectory Road, Beckenham3
£2,50004/240.52 miRectory Road, Beckenham3
£2,30012/240.54 mi-3
£2,50003/240.54 miAlbemarle Road, Beckenham3
£2,60004/240.55 miThe Gardens, Beckenham, BR33
£3,50002/250.62 mi-4
£2,75003/240.62 miFoxgrove Road Beckenham BR33

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £650,000

August 9, 2024

Floor Plans

Description

  • Four bedrooms +
  • Two reception rooms +
  • No onward chain +
  • Private gate to the park +
  • Bathroom & en suite +
  • 20'11x8'6 ft. Garage +
  • Own plus communal garden +
  • EPC Rating D +

Guide price £650,000 - £700,000. Rarely available Townhouse located on Kelsey Park Avenue - very popular private road, with private entrance to Kelsey Park. In need of some updating. This house has plenty of potential.
Benefitting from views over Kelsey Park, your earliest viewing is recommended. Offered with no chain.

Agent Details

Kinleigh Folkard & Hayward - Sales, Beckenham

020 3856 3116

Next Steps?

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