3 Bed Terraced House, Refurb/BRRR, London, SE4 1SB, £635,000

Manwood Road, London, SE4 1SB - 7 months ago

Sold STC
Refurb/BRRR
Planning
~87 m²
+4 photos

ValuationOvervalued

Sold Prices£530.1K - £1.2M
Sold Prices/m²£5.1K/m² - £11K/m²

 

 

Square Metres

~87 m²
Price/m²£7.3K/m²

Value Estimate

£560,575

 

 

End Value (After Refurb)

£606,977

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£158,750

Stamp Duty & Legal Fees

£52,200

Refurb Costs

£46,119

Bridging Loan Interest

£16,669

Total Cash In

£275,488

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£606,977

Mortgage (After Refinance)

£455,233

Mortgage LTV

75%

Cash Left In

£275,488

Equity

£151,744

Rent Range

£750 - £3,250

Rent Estimate

£2,485

Running Costs/mo

£2,414

Cashflow/mo

£71

Cashflow/yr

£854

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £530.1K to £1.2M, average is £705.8K. £5.1K/m² to £11K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£655.6K02/210.02 mi90, Manwood Road, London, Greater London SE4 1SB3
£620K06/210.03 mi87, Manwood Road, London, Greater London SE4 1SA3
£613K04/210.06 mi73, Ewhurst Road, London, Greater London SE4 1AG3
£808K11/200.07 mi110, Manwood Road, London, Greater London SE4 1SE3
£630K12/220.11 mi97, Ewhurst Road, London, Greater London SE4 1SD3
£600K03/210.11 mi88, Ewhurst Road, London, Greater London SE4 1SD3
£680K08/220.11 mi44, Brightling Road, London, Greater London SE4 1SQ3
£675K12/200.11 mi148, Manwood Road, London, Greater London SE4 1SE3
£707.5K07/220.11 mi42, Brightling Road, London, Greater London SE4 1SQ3
£725K07/230.11 mi19, Brightling Road, London, Greater London SE4 1SQ3
£565K12/200.11 mi24, Foxborough Gardens, London, Greater London SE4 1HZ3
£695K09/220.12 mi18, Manwood Road, London, Greater London SE4 1AD3
£595K04/230.12 mi59, Manwood Road, London, Greater London SE4 1AB3
£578K06/210.14 mi155, Manwood Road, London, Greater London SE4 1SA3
£850K03/230.14 mi62, Bexhill Road, London, Greater London SE4 1SL3
£670K02/210.14 mi74, Bexhill Road, London, Greater London SE4 1SL3
£583K07/210.15 mi70, Foxborough Gardens, London, Greater London SE4 1HY3
£565.3K05/210.15 mi107, Salehurst Road, Crofton Park, London, Greater London SE4 1AR3
£880K03/230.16 mi42, Crofton Park Road, London, Greater London SE4 1AE3
£530.1K11/200.17 mi58, Foxborough Gardens, London, Greater London SE4 1HX3
£625K06/210.17 mi44, Foxborough Gardens, London, Greater London SE4 1HX3
£600K04/210.18 mi103, Bexhill Road, London, Greater London SE4 1SH3
£600K04/210.18 mi103, Bexhill Road, London, Greater London SE4 1SH3
£735K09/210.18 mi149, Bexhill Road, London, Greater London SE4 1SH3
£730K05/210.18 mi117, Bexhill Road, London, Greater London SE4 1SH3
£705K07/210.18 mi207, Chudleigh Road, London, Greater London SE4 1EG3
£680K07/220.19 mi137, Bexhill Road, London, Greater London SE4 1SH3
£874K01/230.2 mi133, Crofton Park Road, London, Greater London SE4 1AJ3
£635K12/220.2 mi12, Horsmonden Road, London, Greater London SE4 1RG3
£706.7K12/220.21 mi113, Crofton Park Road, London, Greater London SE4 1AJ3
£710K09/210.21 mi187, Crofton Park Road, London, Greater London SE4 1AJ3
£725K12/200.21 mi156, Salehurst Road, Crofton Park, London, Greater London SE4 1AP3
£724K11/210.21 mi108, Salehurst Road, London, Greater London SE4 1AP3
£724K11/210.21 mi108, Salehurst Road, London, Greater London SE4 1AP3
£850K10/200.21 mi91, Ravensbourne Park, London, Greater London SE6 4YA3
£732.5K02/220.22 mi9, Abbotswell Road, London, Greater London SE4 1ED3
£673K12/200.22 mi26, Abbotswell Road, London, Greater London SE4 1ED3
£665K03/210.22 mi4, Abbotswell Road, London, Greater London SE4 1ED3
£765K05/220.22 mi8, Abbotswell Road, London, Greater London SE4 1ED3
£752.5K06/210.22 mi140, Crofton Park Road, London, Greater London SE4 1AL3
£760K03/210.23 mi223, Chudleigh Road, London, Greater London SE4 1EG3
£670K08/230.25 mi142, Brockley Grove, London, Greater London SE4 1EB3
£727K06/210.25 mi7, Bankhurst Road, London, Greater London SE6 4XW3
£840K08/220.25 mi21, Elsiemaud Road, London, Greater London SE4 1HN3
£827K12/220.25 mi52, Henryson Road, London, Greater London SE4 1HJ3
£1.2M11/220.25 mi48, Henryson Road, London, Greater London SE4 1HJ3
£750K11/220.26 mi72, Stillness Road, London, Greater London SE23 1NF3
£725K12/200.26 mi9, Amyruth Road, London, Greater London SE4 1HQ3
£752.5K11/200.26 mi23, Amyruth Road, London, Greater London SE4 1HQ3
£654K12/200.26 mi64, Stillness Road, London, Greater London SE23 1NF3

Local Rents

41 rents from £750/mo to £3.3K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,40008/240.03 mi-3
£2,75008/240.04 miManwood Road, Brockley, London, SE43
£2,70011/240.04 mi-3
£2,75008/240.11 miManwood Road, Brockley, London, SE43
£2,50008/240.12 miBrightling Road, Crofton Park3
£2,50002/250.2 mi-3
£75002/240.25 mi-3
£80010/240.25 mi-3
£2,25008/240.26 miDixie Court, Adenmore Road, London, SE63
£2,60008/240.27 miBearstead Rise Brockley SE43
£2,40008/240.36 miMalyons Road, Lewisham, SE133
£2,60003/250.37 mi-3
£2,00008/240.39 miRavensbourne Park, Catford , London, SE63
£2,20002/240.4 mi-3
£2,95008/240.41 mi-3
£3,25003/250.41 mi-3
£2,62508/240.42 miStondon Park, Honor Oak, London, SE233
£2,55008/240.42 miStondon Park, Honor Oak, London, SE233
£2,60008/240.43 miEddystone Road London SE43
£2,35008/240.45 mi-3
£2,35008/240.45 miRavensbourne Park, London, SE63
£2,20012/240.46 mi-3
£2,35002/250.47 mi-3
£2,48509/240.48 mi-3
£2,48508/240.48 miMalyons Road, London, SE133
£3,00003/250.5 mi-3
£1,70003/250.51 mi-3
£1,75008/240.51 miHonor Oak Park, London, SE233
£2,50009/240.52 mi-3
£2,69509/240.54 mi-3
£2,59510/240.54 mi-3
£2,55010/240.54 mi-3
£2,25012/240.54 mi-3
£2,30001/250.54 mi-3
£2,00008/240.56 miRavensbourne Road, London, SE63
£1,80008/240.6 miStanstead Road, London, SE63
£1,95010/240.61 mi-3
£2,30002/250.61 mi-3
£2,10003/250.61 mi-3
£2,70003/250.61 mi-3
£2,75008/240.62 miBallina Street, Forest Hill3

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

6.23 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £635,000

February 4, 2025

Listed for £650,000

September 6, 2024

Floor Plans

Description

  • Three double bedrooms +
  • East facing garden +
  • Double bay window +
  • Sought after location +
  • Potential to improve and extend (STPP) +

| Double bay window | Larger Victorian style property | Three double bedrooms | East facing garden | Sought after location | In need of modernisation | Potential to extend (STPP) |

Bryan and Keegan are pleased to market this fantastic family home located on a popular road in Crofton Park.

Key features include three double bedrooms, a large reception room, fitted kitchen, that leads out to a 50ft East facing garden. In need of some modernisation this home is perfect for those looking to start a family, with the additional benefit of the potential to extend (Subject to planning permissions)

Schools nearby include Gordonbrock Primary, Prendergast Primary, Beecroft Garden Primary, Stillness infant and junior Schools.

The property is close to excellent rail links, with Crofton Park, Lady well, Catford Bridge and Honora Oak stations all within walking distance.

The local high street provides an amazing selection of amenities such as supermarkets, coffee shops, pubs and restaurants. Viewings highly recommended!

Agent Details

Bryan & Keegan, London

020 3866 6727

Next Steps?

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