2 Bed Flat, Single Let, London, SE27 0JD, £415,000

Knights Hill, West Norwood, London, SE27 0JD - 2 views - 7 months ago

Leasehold
BTL
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£270.5K - £572.5K
Sold Prices/m²£3.7K/m² - £9.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.1K/m²

Value Estimate

£454,073
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£103,750

Stamp Duty & Legal Fees

£21,900

Total Cash In

£125,650

 

 

Cash Out

 

Rent Range

£1,500 - £2,300

Rent Estimate

£1,591

Running Costs/mo

£1,635

Cashflow/mo

£-44

Cashflow/yr

£-529

Gross Yield

5%

Local Sold Prices

50 sold prices from £270.5K to £572.5K, average is £431.3K. £3.7K/m² to £9.3K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£300K11/220.14 mi62a, Wolfington Road, London, Greater London SE27 0RQ2
£572.5K02/210.14 mi74, Wolfington Road, London, Greater London SE27 0RQ2
£545K06/210.15 mi7a, Bloom Grove, London, Greater London SE27 0HZ2
£520K06/210.18 mi25, St Julians Farm Road, London, Greater London SE27 0RJ2
£338K04/210.2 mi7, Friar Mews, London, Greater London SE27 0PU2
£487.5K11/200.22 mi66, Casewick Road, London, Greater London SE27 0SY2
£515K01/210.22 mi154a, Knights Hill, London, Greater London SE27 0SR2
£503K02/210.24 mi14a, Mount Villas, London, Greater London SE27 0NU2
£455K06/210.25 mi55, Thurlestone Road, London, Greater London SE27 0PE2
£282.5K11/210.25 miFlat B, 79, Thurlestone Road, London, Greater London SE27 0PE2
£475K01/210.27 mi169c, Auckland Hill, London, Greater London SE27 9PG2
£432.5K03/210.27 mi119, Auckland Hill, London, Greater London SE27 9PG2
£449K12/200.27 mi91, Auckland Hill, London, Greater London SE27 9PG2
£390K07/230.27 mi121, Auckland Hill, London, Greater London SE27 9PG2
£270.5K03/230.28 miFlat 4, Easton House, York Hill, London, Greater London SE27 0AU2
£380K12/220.28 mi143b, Knights Hill, London, Greater London SE27 0SP2
£452K11/200.28 mi147b, Knights Hill, London, Greater London SE27 0SP2
£475K10/200.28 mi147a, Knights Hill, London, Greater London SE27 0SP2
£500K01/230.31 mi57, Auckland Hill, London, Greater London SE27 9PF2
£555K12/220.32 mi51a, Auckland Hill, London, Greater London SE27 9PF2
£510K10/200.34 mi122, Casewick Road, London, Greater London SE27 0SZ2
£480K05/210.34 mi148, Casewick Road, London, Greater London SE27 0SZ2
£300K04/210.34 mi15a, Gipsy Road, London, Greater London SE27 9NP2
£440K02/210.34 mi73, Auckland Hill, London, Greater London SE27 9PF2
£525K06/210.35 mi98, Glennie Road, London, Greater London SE27 0LU2
£400K06/230.35 miFlat E, 106, Thornlaw Road, London, Greater London SE27 0SB2
£275K01/230.37 mi5, Elder Gardens, London, Greater London SE27 9TJ2
£480K07/230.38 mi57c, Idmiston Road, London, Greater London SE27 9HL2
£400K12/220.38 miFirst Floor Flat, 169, Knights Hill, London, Greater London SE27 0PZ2
£378K06/230.39 miSecond Floor Flat At, 84, Broxholm Road, London, Greater London SE27 0BT2
£450K08/230.39 miFirst Floor Flat At, 84, Broxholm Road, London, Greater London SE27 0BT2
£425K10/200.39 mi34, Durban Road, London, Greater London SE27 9RP2
£540K06/210.39 mi26a, Durban Road, London, Greater London SE27 9RP2
£308K11/200.39 mi32a, Durban Road, London, Greater London SE27 9RP2
£465K05/210.39 mi22a, Durban Road, London, Greater London SE27 9RP2
£430K09/200.39 mi40a, Durban Road, London, Greater London SE27 9RP2
£420K03/210.4 miFirst Floor, 41, Durban Road, London, Greater London SE27 9RW2
£309K06/230.4 mi5, Durban Road, London, Greater London SE27 9RW2
£375K12/200.4 mi69, Durban Road, London, Greater London SE27 9RW2
£290K06/230.4 miFirst Floor Flat At, 109, Durban Road, London, Greater London SE27 9RW2
£340K01/210.4 miFlat 10, Cork Tree House, Lakeview Road, London, Greater London SE27 0QE2
£310K11/220.42 miFlat 5, Cedars House, Cedar Tree Grove, London, Greater London SE27 0QD2
£395K05/210.44 miFlat 3, Chestnut House, Barston Road, London, Greater London SE27 9HD2
£331.5K06/210.44 mi167b, Knollys Road, London, Greater London SW16 2JP2
£510K12/200.45 mi12, Barston Road, London, Greater London SE27 9HE2
£400K03/230.45 miFlat 15, William Brown Court, Norwood Road, London, Greater London SE27 9DD2
£360K03/210.45 miFlat 18, William Brown Court, Norwood Road, London, Greater London SE27 9DD2
£360K06/210.46 mi69, Furneaux Avenue, London, Greater London SE27 0EQ2
£468K04/210.46 mi52, Martell Road, London, Greater London SE21 8EE2
£521.5K12/200.46 mi6a, Martell Road, West Dulwich, London, Greater London SE21 8EE2

Local Rents

49 rents from £1.5K/mo to £2.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80001/250.02 mi-2
£1,75002/250.02 mi-2
£1,70008/240.04 mi-2
£1,80008/240.04 mi-2
£1,85008/240.08 mi-2
£1,95009/240.09 mi-2
£1,95002/250.09 mi-2
£1,60008/240.11 miNettlefold Place, London, SE272
£2,20003/250.13 mi-2
£1,75008/240.15 mi-2
£1,95008/240.15 miWolfington Road West Norwood SE272
£1,94002/250.15 mi-2
£2,00008/240.16 miThornlaw Road London SE272
£2,10008/240.17 miThornlaw Road West Norwood SE272
£1,57512/240.17 mi-2
£2,00008/240.17 miKnights Hill, West Norwood, London, SE272
£2,20003/250.18 mi-2
£1,50008/240.18 miNorwood High Street, London, SE272
£1,75010/240.2 mi-2
£2,10008/240.2 mi-2
£2,20003/250.2 mi-2
£2,20008/240.21 miSelsdon Road, West Norwood, SE272
£1,90008/240.21 miSelsdon Road, London, SE272
£1,60008/240.22 miChestnut Road, West Norwood2
£1,90002/250.23 mi-2
£1,80010/240.24 mi-2
£1,65012/240.24 mi-2
£2,30002/250.25 mi-2
£1,80009/240.25 miNorwood Road, West Norwood, London, SE272
£2,20001/250.26 mi-2
£2,00008/240.28 miKnights Hill London SE272
£1,50008/240.29 miClytha Court, Gipsy Road, West Norwood, SE272
£2,00008/240.31 miLadas Road West Norwood SE272
£2,10001/250.32 mi-2
£1,80008/240.34 miAuckland Hill, West Norwood, London, SE272
£1,55012/240.34 mi-2
£1,55002/250.34 mi-2
£1,65008/240.34 miAuckland Hill, West Norwood, London, SE272
£1,89508/240.35 miThornlaw Road2
£1,95009/240.37 miKnollys Road2
£1,82503/250.37 mi-2
£1,80011/230.38 miPortal Close, West Norwood, London, SE272
£2,20008/240.39 miSt. Cloud Road London SE272
£1,85009/240.39 miKnolly's Road, London SW16 2JP2
£1,90008/240.4 miCedar Tree Grove, London2
£1,90001/250.43 mi-2
£2,00003/250.43 mi-2
£1,82008/240.43 miNorwood Road, Se272
£1,90008/240.44 miBarston Road London SE272

Local Area Statistics

Population in SE27

21,358

Population in London

4,771,921

Town centre distance

6.71 miles away

Nearest school

0.50 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-20%

Sales demand

Balanced market

Capital growth (5yrs)

-4%

Property History

Listed for £415,000

September 3, 2024

Floor Plans

Description

A two-bedroom, first floor flat with private balcony. Further accommodation comprises, reception room, kitchen, bathroom, en-suite to the master bedroom. Located in this modern apartment building, conveniently situated for the amenities along Knights Hill and Norwood Road, including the Picturehouse cinema and leisure centre. Less than a minutes’ walk from West Norwood station with its frequent services to London Bridge and Victoria.

Council Tax Band D

Agent Details

Winkworth, West Norwood

020 3907 3773

Next Steps?

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