2 Bed Flat, Single Let, London, SE25 6SD, £225,000

Pierrepoint, Ross Road, South Norwood, London, SE25 6SD - 6 views - 6 months ago

Auction
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£207.5K - £475K
Sold Prices/m²£4K/m² - £8.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£272,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£999 - £2,300

Rent Estimate

£1,187

Running Costs/mo

£961

Cashflow/mo

£226

Cashflow/yr

£2,718

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £207.5K to £475K, average is £308.6K. £4K/m² to £8.1K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£315K02/230.1 miFlat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN2
£260K03/210.15 miFlat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX2
£275K10/200.17 miFlat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH2
£260K03/230.19 mi94, Whitworth Road, London, Greater London SE25 6XL2
£280K01/230.19 mi269a, Whitehorse Lane, London, Greater London SE25 6UP2
£245K04/210.2 miFlat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB2
£330K11/200.21 miFlat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB2
£207.5K07/210.25 mi221a, Whitehorse Lane, London, Greater London SE25 6UU2
£330K04/210.3 mi301, Grange Road, London, Greater London SE25 6TD2
£325K11/210.31 mi199, Grange Road, London, Greater London SE25 6TG2
£365K12/200.32 miFlat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£362K03/210.32 miFlat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£365K11/220.34 mi227, Mersham Road, Thornton Heath, Greater London CR7 8NW2
£307.5K06/210.34 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£289K02/210.37 mi181, Mersham Road, Thornton Heath, Greater London CR7 8NU2
£290K02/210.37 mi179, Mersham Road, Thornton Heath, Greater London CR7 8NU2
£300K12/200.38 mi294, Grange Road, Upper Norwood, London, Greater London SE19 3DF2
£355K01/230.38 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£442.5K05/230.44 mi1e, Beulah Hill, London, Greater London SE19 3LQ2
£328.8K02/230.47 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£292.5K12/200.48 mi25a, Lancaster Road, London, Greater London SE25 4BJ2
£387.5K01/210.49 mi26, Kitley Gardens, London, Greater London SE19 2RY2
£365K04/210.49 mi14, Kitley Gardens, London, Greater London SE19 2RY2
£365K06/230.51 mi156, Sylvan Road, London, Greater London SE19 2SA2
£325K10/220.52 mi3, Natal Road, Thornton Heath, Greater London CR7 8QH2
£360K01/210.52 mi24, Sylvan Road, London, Greater London SE19 2RZ2
£297K10/210.52 mi114, Sylvan Road, London, Greater London SE19 2RZ2
£318K11/210.52 mi102, Sylvan Road, London, Greater London SE19 2RZ2
£380K07/230.52 mi120, Sylvan Road, London, Greater London SE19 2RZ2
£380K07/230.52 mi120, Sylvan Road, London, Greater London SE19 2RZ2
£273K12/200.53 miGround Floor Flat, 118, Burlington Road, Thornton Heath, Greater London CR7 8PF2
£332.5K06/210.54 mi2, Auckland Rise, London, Greater London SE19 2EA2
£307.5K03/210.54 mi355, Church Road, London, Greater London SE19 2QJ2
£275K06/210.56 mi64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£307K08/210.56 mi62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£300K04/230.56 mi70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA2
£465K02/210.57 mi21c, Sylvan Road, London, Greater London SE19 2RU2
£475K07/230.57 mi45a, Sylvan Road, London, Greater London SE19 2RU2
£235K02/230.6 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£290K08/210.62 mi21, Cargreen Road, London, Greater London SE25 5AD2
£320K06/210.63 mi33, Freethorpe Close, London, Greater London SE19 3LX2
£265K11/210.63 mi208, Northwood Road, Thornton Heath, Greater London CR7 8HT2
£302K12/200.63 mi212, Northwood Road, Thornton Heath, Greater London CR7 8HT2
£308.6K09/210.63 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£225K11/200.67 miFlat 7, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA2
£420K02/230.67 mi207c, Church Road, London, Greater London SE19 2QQ2
£240K07/230.67 mi5, Gillett Road, Thornton Heath, Greater London CR7 8RL2
£270K10/210.67 mi15, Norwich Road, Thornton Heath, Greater London CR7 8NA2
£415K01/210.68 miFlat 16, Bedford Court, Mowbray Road, London, Greater London SE19 2RW2
£400K06/210.68 miFlat 6, Bedford Court, Mowbray Road, London, Greater London SE19 2RW2
£300K11/200.68 mi13, Haysleigh Gardens, London, Greater London SE20 8SS2

Local Rents

49 rents from £999/mo to £2.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,69003/250.01 mi-2
£1,65009/240.01 mi-2
£1,65008/240.01 miPierrepoint, London, SE252
£1,65004/250.07 mi-2
£2,00008/240.08 mi-2
£1,90008/240.08 mi-2
£1,80008/240.08 mi-2
£2,30008/240.1 mi-2
£2,00008/240.1 miWhitehorse Lane, South Norwood2
£1,60009/240.11 mi-2
£1,70008/240.16 mi-2
£1,62508/240.18 miSouth Norwood Hill, London, SE252
£1,62508/240.18 mi-2
£2,10008/240.2 mi-2
£2,10010/240.2 mi-2
£2,10008/240.2 miSouth Norwood Hill, London, SE252
£2,10008/240.2 miSouth Norwood Hill, London, SE252
£1,60010/240.2 mi-2
£1,60008/240.21 mi-2
£1,70010/240.23 mi-2
£1,80008/240.23 mi-2
£1,50008/240.24 miWhitehorse Lane, London, SE252
£99908/240.24 miWhitworth Road, South Norwood, SE252
£1,60008/240.25 mi76 Whitworth Road, London, SE252
£2,00008/240.25 miWhitehorse Lane, London, SE252
£1,70009/240.26 miSouth Norwood Hill London SE252
£1,65008/240.26 miSouth Norwood Hill, London, SE252
£1,65003/250.26 mi-2
£1,80008/240.27 mi-2
£1,69508/240.27 mi-2
£1,79511/230.27 miBroster Gardens, South Norwood, SE252
£1,85008/240.27 miBroster Gardens London SE252
£1,85008/240.27 miBROSTER GARDENS, LONDON, SE25, South Norwood, London, SE252
£1,85008/240.29 mi-2
£1,60011/230.31 miDorrington Court, SE252
£1,60008/240.32 miFlat B, Oliver Avenue, South Norwood, SE252
£1,50009/240.33 mi-2
£1,50008/240.33 miWhitworth Road, London, SE252
£1,65008/240.33 miHolmesdale Close London SE252
£1,59503/240.34 mi-2
£1,59503/240.34 miLenham Road, Thornton Heath, CR72
£1,60008/240.35 miBRAE COURT, SOUTH NORWOOD HILL, LONDON, SE25, South Norwood, London, SE252
£2,00008/240.35 miThe Heights, London, SE192
£1,70008/240.35 mi-2
£1,90003/250.35 mi-2
£1,60002/250.36 mi-2
£1,60008/240.36 miSouth Norwood Hill, South Norwood2
£1,70003/250.38 mi-2
£1,80001/250.38 mi-2

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

8.62 miles away

Nearest school

0.30 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £225,000

September 25, 2024

Sold for £129,000

2003

Sold for £87,000

2001

Floor Plans

Description

  • For sale via Auction - Prior Auction purchase available +
  • Fantastic 2 bedroom apartment +
  • Bright and spacious reception room +
  • Smart kitchen +
  • Comfortable double bedrooms +
  • Private garage +
  • Set on the third floor with lift access +
  • Superb location close to the amenities of South Norwood High Street +

Located moments away from Grangewood Park, this fantastic 2 bedroom apartment offers bright and spacious accommodation with large reception room, smart kitchen, double bedrooms and a private garage.

Ross Road presents a superb location with easy access to the amenities of South Norwood High Street. Grangewood Park is just moments away, along with excellent connections to London and Croydon from Norwood Junction, and Thornton Heath stations.

Please use the reference CHPK1307178 when contacting Foxtons.

Agent Details

Foxtons, Crystal Palace

020 3834 8506

Next Steps?

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