4 Bed Terraced House, Refurb/BRRR, London, SE14 5QZ, £550,000

Leylang Road, London, ., SE14 5QZ - 4 views - 8 months ago

Auction

Refurb/BRRR

Planning

~129 m²

+13 photos

ValuationFair Value

Sold Prices	£374K - £1.6M
Sold Prices/m²	£5.6K/m² - £19.5K/m²

Square Metres	~129.26 m²
Price/m²	£4.3K/m²
Value Estimate	£555,500£555,500

End Value (After Refurb)	£937,033£937,033
Uplift in Value	+70%+70%
You could potentially get back more cash than you put into this deal. All your cash out plus £35,398 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£32,700£32,700
Refurb Costs	£68,490£68,490
Bridging Loan Interest	£14,438£14,438
Total Cash In	£254,877£254,877

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£937,033£937,033
Agent Fees (1%)	£9,370£9,370
Bridging Loan	£412,500£412,500
Bridging Loan Interest	£14,438£14,438
Flip Profit	£260,285£260,285

Local Sold Prices

50 sold prices from £374K to £1.6M, average is £980K. £5.6K/m² to £19.5K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£675K	02/23	0.16 mi	5, Joseph Hardcastle Close, London, Greater London SE14 5RN	£6,136	110	4	Terraced House
£660K	03/21	0.18 mi	24, Hunsdon Road, London, Greater London SE14 5RE	£5,946	111	4	Terraced House
£890K	06/21	0.21 mi	211, New Cross Road, London, Greater London SE14 5UH	£5,853	152	4	Terraced House
£585K	02/21	0.3 mi	33, Ludwick Mews, London, Greater London SE14 6NG	£5,680	103	4	Terraced House
£1.3M	03/21	0.34 mi	49, Erlanger Road, London, Greater London SE14 5TF	-	-	4	Semi-Detached House
£605K	03/21	0.35 mi	27, Ludwick Mews, London, Greater London SE14 6NF	£6,237	97	4	Terraced House
£1.6M	09/21	0.35 mi	46, Erlanger Road, London, Greater London SE14 5TG	£8,376	197	4	Semi-Detached House
£1.3M	02/21	0.35 mi	34, Erlanger Road, London, Greater London SE14 5TG	-	-	4	Semi-Detached House
£1.1M	05/23	0.38 mi	49, Musgrove Road, London, Greater London SE14 5PP	-	-	4	Terraced House
£1.4M	08/22	0.43 mi	23, Ommaney Road, New Cross, London, Greater London SE14 5NS	-	-	4	Semi-Detached House
£1.3M	12/20	0.44 mi	47, Ommaney Road, London, Greater London SE14 5NS	£8,803	142	4	Terraced House
£1.6M	01/23	0.44 mi	20, York Grove, London, Greater London SE15 2NY	£7,273	220	4	Semi-Detached House
£1.3M	01/21	0.45 mi	91, Erlanger Road, London, Greater London SE14 5TQ	£7,754	167	4	Semi-Detached House
£1.6M	12/22	0.45 mi	104, Erlanger Road, London, Greater London SE14 5TH	£8,725	182	4	Terraced House
£1.5M	01/22	0.49 mi	61, Pepys Road, London, Greater London SE14 5SA	£6,708	221	4	Detached House
£1.4M	06/21	0.49 mi	16, Arbuthnot Road, London, Greater London SE14 5NP	-	-	4	Terraced House
£1.6M	07/22	0.5 mi	72, Jerningham Road, London, Greater London SE14 5NW	-	-	4	Semi-Detached House
£1.5M	09/21	0.5 mi	70, Jerningham Road, London, Greater London SE14 5NW	-	-	4	Semi-Detached House
£1.0M	02/23	0.56 mi	29, St Donatts Road, London, Greater London SE14 6NU	-	-	4	Semi-Detached House
£1.3M	03/21	0.56 mi	156, Erlanger Road, London, Greater London SE14 5TJ	-	-	4	Terraced House
£826K	07/23	0.58 mi	58, Barriedale, London, Greater London SE14 6RF	£10,073	82	4	Terraced House
£1.1M	12/22	0.58 mi	63, Kings Grove, London, Greater London SE15 2NA	-	-	4	Terraced House
£713K	02/23	0.62 mi	17, Shardeloes Road, London, Greater London SE14 6NZ	-	-	4	Semi-Detached House
£1.1M	03/22	0.64 mi	18, Evelina Road, London, Greater London SE15 2DX	-	-	4	Semi-Detached House
£374K	12/20	0.65 mi	The Lower Ground Floor Flat At, 9, Montpelier Road, London, Greater London SE15 2HB	-	-	4	Terraced House
£875K	01/21	0.65 mi	33, Montpelier Road, London, Greater London SE15 2HB	£8,382	104	4	Terraced House
£1.1M	06/23	0.66 mi	37, Hollydale Road, London, Greater London SE15 2TE	£12,016	91	4	Terraced House
£730K	06/21	0.66 mi	72, Barriedale, London, Greater London SE14 6RG	-	-	4	Terraced House
£1.5M	09/21	0.66 mi	112, St Marys Road, London, Greater London SE15 2DU	£9,510	153	4	Terraced House
£958K	01/21	0.69 mi	14, Kitto Road, London, Greater London SE14 5TW	£6,607	145	4	Semi-Detached House
£1.1M	11/20	0.7 mi	21, Ansdell Road, London, Greater London SE15 2DT	£7,143	161	4	Terraced House
£850K	07/23	0.71 mi	60, Malpas Road, London, Greater London SE4 1BS	£7,589	112	4	Terraced House
£400K	12/22	0.72 mi	1, Rolt Street, London, Greater London SE8 5PP	-	-	4	Terraced House
£1.1M	09/21	0.72 mi	17, Wallbutton Road, London, Greater London SE4 2NX	£10,417	102	4	Terraced House
£935K	11/21	0.72 mi	21, Drakefell Road, London, Greater London SE14 5SL	-	-	4	Semi-Detached House
£935K	11/21	0.72 mi	21, Drakefell Road, London, Greater London SE14 5SL	-	-	4	Semi-Detached House
£745K	06/21	0.74 mi	121, Brayards Road, London, Greater London SE15 2BX	£5,602	133	4	Terraced House
£717K	03/21	0.75 mi	10, Millmark Grove, London, Greater London SE14 6RQ	£7,469	96	4	Terraced House
£710K	11/20	0.76 mi	19, Millmark Grove, London, Greater London SE14 6RL	£6,698	106	4	Terraced House
£900K	10/22	0.79 mi	1a, Scawen Road, London, Greater London SE8 5AG	£7,143	126	4	Semi-Detached House
£875K	04/21	0.81 mi	111, Drakefell Road, Brockley, London, Greater London SE4 2DT	-	-	4	Terraced House
£1.3M	12/22	0.81 mi	17, St Asaph Road, London, Greater London SE4 2ED	£9,115	146	4	Terraced House
£1.4M	06/22	0.81 mi	61, Brayards Road, London, Greater London SE15 2BQ	£19,537	69	4	Semi-Detached House
£995K	12/22	0.84 mi	224, Drakefell Road, Brockley, London, Greater London SE4 2DR	-	-	4	Terraced House
£725K	12/20	0.86 mi	63, Kimberley Avenue, London, Greater London SE15 3XB	-	-	4	Semi-Detached House
£965K	03/21	0.88 mi	109, Upper Brockley Road, London, Greater London SE4 1TF	£7,659	126	4	Terraced House
£873K	06/21	0.88 mi	33, Buchan Road, London, Greater London SE15 3HQ	£9,489	92	4	Terraced House
£1.1M	02/21	0.88 mi	1, Machell Road, London, Greater London SE15 3XQ	£7,979	141	4	Semi-Detached House
£810K	06/21	0.9 mi	46, Ivydale Road, London, Greater London SE15 3BS	£6,090	133	4	Semi-Detached House
£850K	03/21	0.92 mi	82, St Asaph Road, London, Greater London SE4 2EL	£7,727	110	4	Terraced House

Local Rents

49 rents from £1.9K/mo to £6.2K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	08/24	0 mi	Leylang Road, SE14	3	Terraced House
£2,850	02/24	0.03 mi	-	4	Terraced House
£2,950	02/24	0.03 mi	-	4	Terraced House
£2,800	02/24	0.04 mi	-	4	Terraced House
£4,200	11/24	0.05 mi	-	4	Semi-Detached House
£4,000	10/24	0.06 mi	-	5	Terraced House
£2,600	08/24	0.06 mi	Leylang Road, New Cross, London, SE14	4	Detached House
£3,650	08/24	0.06 mi	Leylang Road, London , SE14	4	Terraced House
£4,000	08/24	0.06 mi	Leylang Road, Hatcham Park Conservation Area, London, SE14	4	Terraced House
£4,250	10/24	0.08 mi	-	5	Terraced House
£4,500	09/24	0.08 mi	Billington Road, London, SE14	5	Terraced House
£4,200	08/24	0.08 mi	Brocklehurst Road, London, SE14	5	Flat
£3,900	09/24	0.08 mi	-	5	Flat
£3,400	10/24	0.08 mi	-	5	Flat
£3,900	04/25	0.08 mi	-	5	Flat
£3,300	08/24	0.08 mi	Camplin Street, London, SE14	4	Terraced House
£2,395	08/24	0.08 mi	Camplin Street, London, SE14	3	Flat
£4,000	08/24	0.09 mi	Monson Road, New Cross, SE14	4	Terraced House
£4,250	08/24	0.09 mi	Monson Road, London , SE14	5	Terraced House
£3,000	08/24	0.1 mi	Billington Road, London, SE14	3	Terraced House
£3,000	01/25	0.1 mi	-	3	Terraced House
£3,400	11/23	0.1 mi	Robert Lowe Close, London , SE14	4	Terraced House
£6,200	08/24	0.11 mi	-	3	Semi-Detached House
£3,200	08/24	0.11 mi	Monson Road, London, SE14	4	Flat
£2,350	08/24	0.12 mi	New Cross Road, London, SE14	3	Flat
£2,150	08/24	0.12 mi	Hatcham Park Road, London, SE14	3	Flat
£4,050	08/24	0.12 mi	Brocklehurst Street, London , SE14	5	Terraced House
£3,200	11/23	0.13 mi	Monson Road, New Cross, London, SE14	4	Terraced House
£1,850	08/24	0.13 mi	Joseph Hardcastle Close, New Cross, SE14	3	Flat
£3,800	08/24	0.13 mi	Joseph Hardcastle Close, New Cross, SE14	4	Terraced House
£2,800	08/24	0.13 mi	Hatcham Park Road, London, SE14	3	Flat
£2,700	08/24	0.14 mi	Hatcham Park Road, London, SE14	3	Terraced House
£3,000	08/24	0.14 mi	Hatcham Park Road, London, SE14	4	Terraced House
£2,600	08/24	0.14 mi	-	3	Terraced House
£2,600	08/24	0.14 mi	Hatcham Park Road, London, SE14	3	Terraced House
£2,800	08/24	0.15 mi	Edric Road, London, SE14	4	Terraced House
£4,450	08/24	0.16 mi	Wrigglesworth Street, London	5	Terraced House
£4,450	08/24	0.16 mi	Wrigglesworth Street, London	5	Terraced House
£3,500	08/24	0.16 mi	Wrigglesworth Street London SE14	3	Flat
£3,250	09/24	0.16 mi	-	4	Terraced House
£3,700	09/24	0.16 mi	-	4	Terraced House
£3,250	09/24	0.16 mi	-	4	Terraced House
£3,700	08/24	0.16 mi	Wrigglesworth Street, London, SE14	4	Terraced House
£3,450	09/24	0.16 mi	Wrigglesworth Street, London, SE14	4	Terraced House
£2,200	08/24	0.18 mi	Joseph Hardcastle Close, New Cross, London, SE14	3	Detached House
£2,550	08/24	0.18 mi	Joseph Hardcastle Close, New Cross, London, SE14	3	Semi-Detached House
£2,550	08/24	0.18 mi	Joseph Hardcastle Close, New Cross, London, SE14	3	Semi-Detached House
£2,500	04/25	0.2 mi	-	4	Terraced House
£2,500	03/25	0.2 mi	-	4	Terraced House

Local Area Statistics

Population in SE14	24,78124,781
Population in London	4,771,9214,771,921
Town centre distance	4.35 miles away4.35 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+26%+26%

Property History

Listed for £550,000

September 9, 2024

Sold for £320,000

2008

Sold for £150,000

2001

Floor Plans

Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. +
Victorian conversion currently arranged as 2 flats (no planning permission) +
Prime renovation and investment opportunity +
Highly desirable location +
Close to Local Transport Links +

This Victorian conversion, currently arranged as two separate flats, presents a prime renovation opportunity and an excellent investment prospect.

Both flats each include two bedrooms, a kitchen, bathroom and reception room.

Situated close to the lively neighbourhoods of Queens Road and New Cross, the property benefits from a highly desirable location. New Cross Gate station is less than a 10-minute walk away, providing convenient transport links, while a short stroll will take you to Telegraph Hill Park, where you can enjoy a peaceful retreat in nature and take in stunning views of the city.

14A EPC -

14B EPC -
To follow

Council Tax Band: B
Tenure: Freehold

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Auction

4 Bed House, Refurb/BRRR, London, SE14 5QZ

£550,000

9 views • 8 months ago • 129 m²

3 Bed Flat, Refurb/BRRR, London, SE14 5HU

£350,000

15 views • 3 months ago • 93 m²

6 Bed House, Refurb/BRRR, London, SE14 5DS

£1,250,000

1 views • 9 months ago • 133 m²

3 Bed Flat, Refurb/BRRR, London, SE14 5PW

£650,000

3 views • 6 months ago • 81 m²