3 Bed Semi-Detached House, Refurb/BRRR, Beckenham, BR3 3QH, £600,000

Croydon Road, Beckenham BR3 3QH - 8 views - 8 months ago

Under Offer
Refurb/BRRR
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£395K - £850K
Sold Prices/m²£4.9K/m² - £8K/m²

 

 

Square Metres

~93 m²
Price/m²£6.5K/m²

Value Estimate

£569,104

 

 

End Value (After Refurb)

£586,304

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£49,200

Bridging Loan Interest

£15,750

Total Cash In

£253,400

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£586,304

Mortgage (After Refinance)

£439,728

Mortgage LTV

75%

Cash Left In

£253,400

Equity

£146,576

Rent Range

£1,900 - £3,200

Rent Estimate

£2,379

Running Costs/mo

£2,328

Cashflow/mo

£51

Cashflow/yr

£612

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £395K to £850K, average is £595K. £4.9K/m² to £8K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£850K04/230.06 mi27, Broomfield Road, Beckenham, Greater London BR3 3QB3
£675K09/210.14 mi11, Gordon Road, Beckenham, Greater London BR3 3QE3
£617.5K12/200.14 mi227, Croydon Road, Beckenham, Greater London BR3 3PT3
£520K03/210.14 mi24, St James's Avenue, Beckenham, Greater London BR3 4HG3
£545K11/210.15 mi22, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£565K08/230.15 mi26, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£580K06/210.15 mi18, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£535K03/210.16 mi27, Dunbar Avenue, Beckenham, Greater London BR3 3RG3
£520K12/200.16 mi33, Dunbar Avenue, Beckenham, Greater London BR3 3RG3
£528K03/210.16 mi3, St James's Avenue, Beckenham, Greater London BR3 4HF3
£590K02/230.17 mi28, Dunbar Avenue, Beckenham, Greater London BR3 3RQ3
£610K05/230.19 mi100, Eden Park Avenue, Beckenham, Greater London BR3 3HW3
£515K02/210.19 mi42, Eden Park Avenue, Beckenham, Greater London BR3 3HW3
£740K11/210.2 mi12, Birchwood Avenue, Beckenham, Greater London BR3 3PZ3
£600K06/210.2 mi25, Balmoral Avenue, Beckenham, Greater London BR3 3RD3
£547.5K02/210.21 mi232, Clock House Road, Beckenham, Greater London BR3 4LF3
£700K12/200.22 mi15, Birchwood Avenue, Beckenham, Greater London BR3 3PY3
£395K06/210.23 mi6, Elmerside Road, Beckenham, Greater London BR3 4AJ3
£550K08/230.24 mi295, Clock House Road, Beckenham, Greater London BR3 4LE3
£532.5K04/210.24 mi299, Clock House Road, Beckenham, Greater London BR3 4LE3
£625K09/210.25 mi27, Colesburg Road, Beckenham, Greater London BR3 4HP3
£605K05/230.25 mi13, Colesburg Road, Beckenham, Greater London BR3 4HP3
£650K12/200.25 mi15, Colesburg Road, Beckenham, Greater London BR3 4HP3
£550K01/210.25 mi43, Colesburg Road, Beckenham, Greater London BR3 4HP3
£540K01/210.25 mi101, Eden Park Avenue, Beckenham, Greater London BR3 3HH3
£556K05/230.26 mi25, Cherry Tree Walk, Beckenham, Greater London BR3 3PF3
£635K08/230.26 mi152, Clock House Road, Beckenham, Greater London BR3 4LA3
£562.5K03/210.26 mi218, Clock House Road, Beckenham, Greater London BR3 4LB3
£475K02/210.27 mi6, Yew Tree Road, Beckenham, Greater London BR3 4HT3
£620K05/230.28 mi28, Gowland Place, Beckenham, Greater London BR3 4HS3
£576K10/210.28 mi124, Clock House Road, Beckenham, Greater London BR3 4JX3
£720K05/230.28 mi211, Clock House Road, Beckenham, Greater London BR3 4LD3
£510K11/200.28 mi231, Clock House Road, Beckenham, Greater London BR3 4LD3
£730K03/210.29 mi60, Bramerton Road, Beckenham, Greater London BR3 3PD3
£807.5K07/230.31 mi21, Hampden Road, Beckenham, Greater London BR3 4HD3
£617.5K09/210.33 mi53, Glanfield Road, Beckenham, Greater London BR3 3JT3
£710K11/220.33 mi7, Langley Road, Beckenham, Greater London BR3 4AE3
£455K04/230.34 mi38, Upper Elmers End Road, Beckenham, Greater London BR3 4AN3
£600K11/200.35 mi79, Stanhope Grove, Beckenham, Greater London BR3 3HL3
£700.3K12/210.35 mi40, Glanfield Road, Beckenham, Greater London BR3 3JU3
£775K09/230.35 mi38, Glanfield Road, Beckenham, Greater London BR3 3JU3
£735K02/210.36 mi11, Hampden Avenue, Beckenham, Greater London BR3 4HA3
£570K03/210.37 mi141, Eden Park Avenue, Beckenham, Greater London BR3 3JG3
£480K08/210.38 mi73, Goddard Road, Beckenham, Greater London BR3 4BQ3
£565K06/210.38 mi15, Gwydor Road, Beckenham, Greater London BR3 4DT3
£825K08/210.38 mi89, Clock House Road, Beckenham, Greater London BR3 4JU3
£642K06/230.39 mi174, Eden Park Avenue, Beckenham, Greater London BR3 3JQ3
£640K02/210.39 mi168, Eden Park Avenue, Beckenham, Greater London BR3 3JQ3
£495K06/210.39 mi191, Upper Elmers End Road, Beckenham, Greater London BR3 3QU3
£600K03/210.39 mi52, Durban Road, Beckenham, Greater London BR3 4EZ3

Local Rents

15 rents from £1.9K/mo to £3.2K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£3,00002/240.24 mi-3
£3,20001/250.24 mi-3
£2,25003/240.26 miColesburg Road, Beckenham, BR33
£2,65003/240.28 miClock House Road, Beckenham, Kent, BR33
£2,35005/240.31 miLangley Road, Beckenham3
£2,00004/240.34 miGlanfield Road, Beckenham, BR33
£2,50003/240.4 miDurban Road, Beckenham, BR33
£2,50003/240.51 miBeck Lane Beckenham BR33
£2,00004/240.54 miStanhope Grove, Beckenham3
£2,40003/240.55 miErnest Grove Beckenham BR33
£2,10004/240.56 mi-3
£2,25002/250.6 mi-3
£1,90003/240.6 miAllen Road Beckenham BR33
£2,20004/240.61 miAsprey Mews Beckenham BR33
£2,25005/240.61 miBlandford Road, Beckenham3

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £600,000

August 16, 2024

Floor Plans

Description

  • Chain free sale +
  • Charming 3 bedroom 1930's semi-detached home +
  • Potential for improvement including updating and extending (STPP) +
  • Garage and driveway with parking for two cars +
  • Low maintenance garden of 70' (21.34m) +
  • Excellent transport links to central London +
  • Period features including cornicing and fireplaces +
  • Close to Balgowan and Marian Vian Schools +

Welcome to this enchanting 1930s semi-detached house, a perfect blend of timeless character and contemporary convenience. Situated in a sought-after neighbourhood, this delightful three-bedroom home offers an abundance of space and a host of appealing features. Whilst the property is in need of updating, it presents a fantastic opportunity to create a personalized dream home.

Upon entering, you are welcomed by an entrance porch leading into a spacious entrance hall adorned with period panelling, dado rails, and picture rails. The bright and inviting living room boasts elegant French doors that open to a beautiful 70-foot garden, perfect for indoor-outdoor living. Adjacent is a formal dining room, ideal for family gatherings and entertaining. The fitted Shaker-style kitchen combines classic charm with modern functionality.

Upstairs, the spacious first-floor landing provides access to the bedrooms and bathroom. The master bedroom is a generous double, featuring a charming fireplace and built-in wardrobes for ample storage. The second double bedroom also offers a beautiful fireplace, creating a cozy retreat. Additionally, there is a comfortable single bedroom with fitted display storage cabinets, perfect for a child's room or home office. The well-appointed family bathroom and a separate WC complete the first floor.

This property boasts period features such as handsome cornicing, fireplace surrounds, and leaded light double glazing, adding to its unique charm. Efficient gas central heating ensures comfort throughout the year. Additional benefits include a convenient garage and driveway with off-street parking for two cars, providing ample space for vehicles.

The location is ideal, being close to Clock House, Elmers End, and Kent House railway stations, ensuring excellent transport links. It is also ideally situated for popular schools such as Balgowan Primary, Marion Vian Primary, and Eden End High. Just a 13-minute walk takes you to Beckenham High Street, offering an eclectic mix of independent shops and restaurants, as well as a wide choice of supermarkets.

This beautiful home seamlessly blends period charm with modern comforts, making it a rare find in today's market. Don't miss the opportunity to own a piece of history with all the amenities needed for contemporary living. Contact us today to arrange a viewing and make this dream home yours!

Viewing: By appointment via Truepenny's.

Truepenny's Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny's Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny's Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (5) any computer generated images, virtually staged images, artist's impressions, and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which maybe present at the time of inspection.

Agent Details

Truepenny's Property Consultants, Beckenham

020 8464 9962

Next Steps?

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