2 Bed Flat, Single Let, Wallington, SM6 9DX, £280,000

Heron Way, Wallington, Surrey, SM6 9DX - 3 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+2 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£313,822
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,413

Running Costs/mo

£1,178

Cashflow/mo

£235

Cashflow/yr

£2,825

ROI

3%

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
£132.5K11/200.15 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£140K05/210.17 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£210K10/210.25 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£292.5K07/210.35 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£260K11/200.36 mi36, Sunkist Way, Wallington, Greater London SM6 9LQ2
£230K01/230.41 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£340K03/230.46 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£348K08/230.47 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£264K04/210.48 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.48 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£646K06/210.5 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£190K10/210.54 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£225K04/210.61 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£347.5K07/230.62 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£335K06/230.62 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£325K03/230.65 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£430K09/210.71 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£272.5K12/200.73 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£141K01/210.73 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£255K07/230.75 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£340K06/210.83 mi45, Park Road, Wallington, Greater London SM6 8AA2
£345K02/210.85 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£322.5K04/210.86 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
£320K05/210.99 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.99 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 
£1,55009/240.01 miHeron Way Wallington SM62
£1,50008/240.05 miHengist Way, Wallington, Surrey, SM62
£1,70010/240.26 mi-2
£1,57509/240.32 miStafford Road, WALLINGTON2
£1,45009/240.34 miStafford Road, Wallington, SM62
£1,45008/240.35 miStafford Road, WALLINGTON2
£1,50009/240.35 miStafford Road, WALLINGTON2
£1,87512/240.36 mi-2
£1,60002/240.37 mi-2
£1,40008/240.39 miLancastrian Road Wallington SM62
£1,65009/240.41 mi-2
£1,75008/240.42 miStafford Road, Wallington, Surrey, SM62
£1,70003/250.42 mi-2
£1,60009/240.44 mi-2
£1,90010/240.45 mi-2
£1,90009/240.45 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
£2,30008/240.54 mi-2
£1,58002/250.55 mi-2
£1,64509/240.55 miWoodcote Road, WALLINGTON2
£1,55008/240.55 mi-2
£1,35008/240.56 miRosemount Clarendon Road Wallington SM6 8RW2
£1,45008/240.56 miClarendon Road, WALLINGTON2
£1,47508/240.57 miWoodcote Road, Wallington, SM62
£1,60009/240.57 mi-2
£1,50008/240.58 miCavalier Close Wallington SM62
£1,60004/250.58 mi-2
£1,45009/240.58 mi-2
£1,65010/240.6 mi-2
£1,75009/240.61 miCavalier Close, Wallington, SM62
£1,65009/240.61 mi-2
£1,65009/240.61 miJasmine Court, Wallington, SM62
£1,60004/250.62 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.46 miles away

Nearest school

0.10 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £280,000

September 4, 2024

Floor Plans

Description

  • First floor apartment situated in a popular residential development +
  • Offering spacious accommodation +
  • Moments away from highly regarded primary and secondary schools +
  • Juliet balcony overlooking playing fields +
  • Allocated parking space +
  • No onward chain +

This first floor apartment is situated in a popular residential development offering spacious accommodation including a bathroom and en-suite shower room and a lounge/diner with views overlooking playing fields. Moments away from highly regarded primary and secondary schools, the home also has an allocated parking space and is offered to the market with no onward chain!

Room sizes:

  • Entrance Hall
  • Lounge/Diner: 13'10 x 12'8 (4.22m x 3.86m)
  • Juliet Balcony
  • Kitchen: 8'11 x 8'5 (2.72m x 2.57m)
  • Bedroom 1: 18'2 maximum x 10'3 (5.54m x 3.13m)
  • En-Suite Shower Room
  • Bedroom 2: 12'7 maximum x 10'8 (3.84m x 3.25m)
  • Bathroom
  • Allocated Parking  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Cubitt & West, Wallington

020 3870 4541

Next Steps?

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