3 Bed Flat, Single Let, London, SE7 7DP, £300,000

Fairlawn, London, SE7 7DP - 7 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£280K - £975K
Sold Prices/m²£3.9K/m² - £10.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£363,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,850 - £3,490

Rent Estimate

£1,900

Running Costs/mo

£1,338

Cashflow/mo

£563

Cashflow/yr

£6,750

ROI

8%

Gross Yield

8%

Local Sold Prices

23 sold prices from £280K to £975K, average is £425K. £3.9K/m² to £10.3K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£294K12/220.01 mi12, Elm Tree Court, London, Greater London SE7 7DP3
£300K11/220.04 mi3, Cherry Tree Court, London, Greater London SE7 7DX3
£300K03/230.09 miFlat 17, Mascalls Court, Victoria Way, Charlton, London, Greater London SE7 7TX3
£450K08/230.2 mi149d, Victoria Way, Charlton, London, Greater London SE7 7NX3
£486K11/200.32 mi3, The Birches, London, Greater London SE7 7PB3
£540K03/230.33 mi26, The Heights, London, Greater London SE7 8JH3
£475K09/230.4 mi75, Inverine Road, London, Greater London SE7 7NJ3
£280K05/230.47 miFlat 40, Gooding House, Valley Grove, London, Greater London SE7 8AT3
£583K06/230.51 miFlat C, 23, Charlton Road, London, Greater London SE3 7EU3
£425K02/210.58 mi35a, Dupree Road, London, Greater London SE7 7RR3
£430K09/210.58 mi31a, Dupree Road, London, Greater London SE7 7RR3
£390K06/210.67 miFlat 14, Hurricane House, Gunyard Mews, London, Greater London SE18 4GE3
£390K12/200.68 mi7a, Station Crescent, London, Greater London SE3 7EQ3
£420K08/230.7 mi56, Beaconsfield Close, London, Greater London SE3 7LH3
£415K05/210.71 mi3, Ormiston Road, London, Greater London SE10 0LJ3
£750K02/240.76 mi53b, Coleraine Road, London, Greater London SE3 7PF3
£475K01/210.77 mi36a, Coleraine Road, London, Greater London SE3 7PQ3
£380K11/200.77 mi34b, Coleraine Road, London, Greater London SE3 7PQ3
£450K09/230.77 mi34e, Coleraine Road, London, Greater London SE3 7PQ3
£395K09/230.82 mi80d, Humber Road, London, Greater London SE3 7LX3
£350K03/210.84 mi11, Atlas Gardens, London, Greater London SE7 7TB3
£425K03/210.91 miFlat C, 72, Woolwich Road, London, Greater London SE10 0JU3
£975K05/210.98 mi20a, Morden Road, London, Greater London SE3 0AA3

Local Rents

50 rents from £1.9K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£1,90004/250.04 mi-3
£2,90010/240.11 mi-3
£2,00008/240.15 miSutlej Road, London, SE73
£2,00008/240.15 miShirley House Drive, Charlton3
£2,96908/240.2 mi-3
£2,00003/250.21 mi-3
£2,00012/240.21 mi-3
£2,20008/240.28 miNigeria Road, Charlton, London, SE73
£2,00012/240.28 miBowater Place Blackheath SE33
£2,65012/240.28 mi-3
£2,39512/240.28 mi-3
£2,65012/240.28 miFurzefield Road, London, SE33
£2,25004/250.29 mi-3
£2,80012/240.3 miBowater Place, London, SE33
£2,80012/240.3 mi-3
£3,49008/240.31 miThe Birches, London, SE73
£3,49009/240.31 mi-3
£2,25008/240.31 miFletching Road, Charlton, London, SE73
£2,20008/240.32 mi-3
£3,35008/240.33 miThe Birches, London, SE73
£3,35009/240.33 mi-3
£3,35008/240.33 mi-3
£2,25008/240.33 miThe Heights, Charlton, London , SE73
£2,50008/240.34 miMayhill Road, London, SE73
£2,70008/240.35 miWellington Gardens, Charlton, SE73
£2,50008/240.36 miMayhill Road, Charlton3
£2,40010/240.37 mi-3
£2,40010/240.37 mi-3
£2,75012/240.37 mi-3
£2,40008/240.37 miMerriman Road, Blackheath, SE33
£2,40008/240.38 miVictoria Way Blackheath SE73
£2,20008/240.39 miInverine Road, London, SE73
£2,70008/240.4 miEastcombe Avenue, London, SE73
£2,00011/240.4 mi-3
£2,50008/240.41 miCharlton Church Lane, Charlton, SE73
£2,70011/240.41 mi-3
£2,25011/240.41 mi-3
£2,60010/240.42 mi-3
£1,90008/240.42 miCharlton Church Lane, Charlton, SE73
£1,90008/240.42 miCharlton Church Lane, Charlton, SE73
£2,45008/240.42 mi-3
£2,45008/240.42 miVictoria Way, London, SE73
£2,50008/240.42 miVictoria Way3
£3,00008/240.43 mi-3
£3,00008/240.43 miShooters Hill Road, London, SE33
£2,20008/240.44 miInverine Road, Charlton, SE73
£2,25008/240.46 miGreenbay Road, Charlton, SE73
£2,15012/240.51 mi-3
£2,50012/240.52 miShooters Hill Road London SE33
£1,85012/240.52 miFarjeon Road, London, SE33

Local Area Statistics

Population in SE7

20,399

Population in London

4,771,921

Town centre distance

6.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

August 29, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Chain Free +
  • Virtual Tour Available +
  • Bright Living Throughout +
  • Access to Private Garden +
  • Close to Parks and Green Spaces +
  • Walking Distance to Charlton House +
  • Close to Charlton Station for The City +

Yopa is proud to market this bright and light 3 bedrooms apartment in a prime London location, perfect for first time buyers or buy-to-let investors. Featuring a private garden, this apartment benefits from three bedrooms, a spacious living room , separated fully equipped kitchen family bathroom. Set in a family-friendly and residential area with a real sense of community, this property is within walking distance of Charlton station for National Rail, offering easy links to The City, West End and all areas of London, including London airports. Charlton Park and Charlton house, Maryon Park and New Charlton shopping area are within walking distance with all their bars, restaurants and local amenities setting for your comfort. Thanks to its proximity to Greenwich University, The City of London and Canary Wharf, this property offers plenty of rental opportunities to landlords. This property is available CHAIN FREE and to view by-appointment-only now! EPC band: C Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South East & London

01322 952994

Next Steps?

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