4 Bed Detached House, Refurb/BRRR, West Wickham, BR4 0HW, £789,000

289 Pickhurst Lane, West Wickham, Kent BR4 0HW - 6 months ago

Sold STC
Refurb/BRRR
Planning
~128 m²
+10 photos

ValuationOvervalued

Sold Prices£350K - £1.4M
Sold Prices/m²£3.8K/m² - £12K/m²

 

 

Square Metres

~128.30 m²
Price/m²£6.2K/m²

Value Estimate

£741,011

 

 

End Value (After Refurb)

£760,296

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£197,250

Stamp Duty & Legal Fees

£67,600

Refurb Costs

£67,875

Bridging Loan Interest

£20,711

Total Cash In

£355,186

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£760,296

Mortgage (After Refinance)

£570,222

Mortgage LTV

75%

Cash Left In

£355,186

Equity

£190,074

Rent Range

£1,700 - £4,500

Rent Estimate

£2,539

Running Costs/mo

£2,904

Cashflow/mo

£-365

Cashflow/yr

£-4,377

Gross Yield

4%

Local Sold Prices

50 sold prices from £350K to £1.4M, average is £782.5K. £3.8K/m² to £12K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£815K10/220.05 mi285, Pickhurst Lane, West Wickham, Greater London BR4 0HW4
£765K03/210.09 mi265, Pickhurst Lane, West Wickham, Greater London BR4 0HJ4
£845K10/200.1 mi50, Pickhurst Park, Bromley, Greater London BR2 0TW4
£819K06/210.11 mi8, The Crescent, West Wickham, Greater London BR4 0HE4
£450K11/210.14 mi133, Mead Way, Bromley, Greater London BR2 9ES4
£850K06/230.14 mi136, Goodhart Way, West Wickham, Greater London BR4 0EZ4
£350K09/230.14 mi2, Woodlea Drive, Bromley, Greater London BR2 0UQ4
£790K10/200.14 mi4, Woodlea Drive, Bromley, Greater London BR2 0UQ4
£692.5K06/210.14 mi270, The Avenue, West Wickham, Greater London BR4 0ED4
£760K11/200.14 mi231, Pickhurst Lane, West Wickham, Greater London BR4 0HJ4
£940K11/210.18 mi41, Pickhurst Park, Bromley, Greater London BR2 0UE4
£750K11/200.19 mi36, Hayes Chase, West Wickham, Greater London BR4 0HZ4
£740K10/220.2 mi137, The Avenue, West Wickham, Greater London BR4 0EF4
£795K04/210.21 mi79, The Crescent, West Wickham, Greater London BR4 0HD4
£1.2M04/230.23 mi12, Barnfield Wood Road, Beckenham, Greater London BR3 6SR4
£720K06/210.25 mi74, Goodhart Way, West Wickham, Greater London BR4 0EY4
£1.4M11/220.25 mi15, Barnfield Wood Road, Beckenham, Greater London BR3 6SR4
£995K06/230.25 mi60, Hayes Chase, West Wickham, Greater London BR4 0JA4
£635K11/200.26 mi245, Wickham Chase, West Wickham, Greater London BR4 0BJ4
£660K06/210.27 mi182, The Avenue, West Wickham, Greater London BR4 0EB4
£1.1M05/230.3 mi89, Barnfield Wood Road, Beckenham, Greater London BR3 6ST4
£510K09/210.32 mi130, Mead Way, Bromley, Greater London BR2 9EU4
£450K11/200.34 mi24, Brenchley Close, Bromley, Greater London BR2 9DR4
£590K11/200.35 mi225, Langley Way, West Wickham, Greater London BR4 0DW4
£1.4M11/220.35 mi80, Barnfield Wood Road, Beckenham, Greater London BR3 6SU4
£660K06/210.38 mi189, Wickham Chase, West Wickham, Greater London BR4 0BH4
£850K03/210.38 mi21, Tall Elms Close, Bromley, Greater London BR2 0TT4
£1.0M03/210.38 mi1, Barnfield Wood Close, Beckenham, Greater London BR3 6SY4
£715K01/210.39 mi50, Heath Rise, Bromley, Greater London BR2 7PD4
£761.5K09/210.39 mi9, Cheriton Avenue, Bromley, Greater London BR2 9DL4
£718K11/200.39 mi11, Cheriton Avenue, Bromley, Greater London BR2 9DL4
£775K08/230.39 mi9, Heath Rise, Bromley, Greater London BR2 7PB4
£840K11/200.42 mi17, Pickhurst Mead, Bromley, Greater London BR2 7QP4
£827K01/210.42 mi3, Pickhurst Mead, Bromley, Greater London BR2 7QP4
£1.0M03/210.42 mi85, Elwill Way, Beckenham, Greater London BR3 6RX4
£1.2M06/210.42 mi91, Elwill Way, Beckenham, Greater London BR3 6RX4
£770K05/210.43 mi4, Deepdale Avenue, Bromley, Greater London BR2 0TJ4
£596.4K07/220.44 mi203, Langley Way, West Wickham, Greater London BR4 0DN4
£710K09/230.45 mi36, Kingsdown Way, Bromley, Greater London BR2 7PT4
£621K10/200.45 mi160, Wickham Chase, West Wickham, Greater London BR4 0BW4
£485K03/210.46 mi17, Leybourne Close, Bromley, Greater London BR2 9DZ4
£1.1M04/210.47 mi77, Malmains Way, Beckenham, Greater London BR3 6SF4
£1.3M12/220.47 mi93, Malmains Way, Beckenham, Greater London BR3 6SF4
£1.3M07/220.47 mi299, Pickhurst Rise, West Wickham, Greater London BR4 0AH4
£1.3M08/230.47 mi108, Barnfield Wood Road, Beckenham, Greater London BR3 6SX4
£1.1M02/230.48 mi72, Malmains Way, Beckenham, Greater London BR3 6SF4
£960K07/230.49 mi7, Teynham Green, Bromley, Greater London BR2 9BY4
£775K09/230.49 mi9, Teynham Green, Bromley, Greater London BR2 9BY4
£616K12/200.49 mi101, Wickham Chase, West Wickham, Greater London BR4 0BQ4
£1.4M01/230.49 mi40, Stone Road, Bromley, Greater London BR2 9AU4

Local Rents

20 rents from £1.7K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£3,20012/240.1 mi-4
£2,85001/250.28 mi-4
£4,50003/240.3 miBarnfield Wood Road, Beckenham, BR34
£2,17504/240.31 miMead Way, Bromley, BR23
£1,95004/240.34 miBrenchley Close, Bromley, BR23
£1,95004/240.34 miBrenchley Close, Bromley, BR23
£1,95012/240.34 miBrenchley Close, Bromley, BR23
£2,30012/240.34 mi-4
£3,60004/240.35 miGoodhart Way West Wickham BR45
£3,50012/240.36 mi-5
£2,30003/240.38 miHayesford Park Drive, Bromley, BR23
£2,90003/250.4 mi-3
£2,00003/250.44 mi-3
£2,00012/230.46 mi-3
£2,50003/250.48 mi-3
£2,95005/240.48 miWoodmere Way, Beckenham, Bromley, BR34
£2,25004/240.49 mi-3
£2,00004/240.52 miStamford Drive, Bromley, BR23
£1,70004/240.54 miLetchworth Drive, Bromley, BR23
£2,20004/240.59 miHilldown Road, Bromley, BR23

Local Area Statistics

Population in BR4

19,349

Population in West Wickham

19,361

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.90 miles away

 

 

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Listed for £789,000

September 24, 2024

Floor Plans

Description

  • Four Bedroom Detached Home. +
  • Two Reception Rooms. +
  • Kitchen & Cloakroom. +
  • Champagne Coloured Bathroom. +
  • Short Walk Pickhurst Schools. +
  • Convenient Local Shops. +
  • 91' South West Facing Garden. +
  • Garage & Parking For 3/4 Cars. +

Splendid four bedroom detached family home, enjoying a SOUTH WEST FACING 91' rear garden, a SHORT WALK from the SOUGHT AFTER PICKHURST INFANT and JUNIOR schools and shops on the corner of Westmoreland Road. West Wickham station is about 1 mile away. Two reception rooms including the good proportion living room and from the dining room there are double glazed doors to the attractive rear garden. Kitchen with fitted units and drawers, white suite cloakroom and champagne coloured bathroom. Bedroom one has fitted wardrobes and there are distant south west facing views from bedrooms two and three. Gas fired heating with radiators and double glazing. The wonderful garden has a terrace to rear of the house, is laid mainly to lawn, with a pond, shrub borders and various trees. Garage and brick pavior driveway for three/four cars. Some modernisation required and extension potential, subject to planning permission. This property is in the section of Pickhurst Lane between Goodhart Way and The Avenue. Local schools include Pickhurst Infant and Juniors and Langley Park Secondary schools. There are shops at the junction of Westmoreland Road and Pickhurst Lane. Bus services pass along Pickhurst Lane with routes to Bromley High Street, about 1.2 miles away, with The Glades Shopping Centre and Bromley South Station, with fast (about 18 minutes) and frequent services to London. West Wickham Station is about 1 mile away and West Wickham High Street is about 1.4 miles away.

Agent Details

Proctors, West Wickham

020 3879 5258

Next Steps?

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