2 Bed Flat, Single Let, Wallington, SM6 8ED, £280,000

31 Evelyn Way, Wallington, Greater London, SM6 8ED - 1 views - 6 months ago

Leasehold
BTL
ROI: 3%
51 m²
+19 photos

ValuationOvervalued

Sold Prices£141K - £646K
Sold Prices/m²£3.4K/m² - £6.9K/m²

 

 

Square Metres

51 m²
Price/m²£5.5K/m²

Value Estimate

£244,839

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

£1,275 - £1,875

Rent Estimate

£1,369

Running Costs/mo

£1,169

Cashflow/mo

£200

Cashflow/yr

£2,402

ROI

3%

Gross Yield

6%

Local Sold Prices

42 sold prices from £141K to £646K, average is £301K. £3.4K/m² to £6.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£320K05/210.24 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.24 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£270K01/230.31 mi17, Meller Close, Croydon, Greater London CR0 4UB2
£225K04/210.43 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£646K06/210.51 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£141K01/210.54 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£347.5K07/230.55 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£340K06/210.59 mi45, Park Road, Wallington, Greater London SM6 8AA2
£268K08/210.6 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K02/210.62 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.62 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.62 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£335K06/230.62 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£430K09/210.63 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£264K04/210.63 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.63 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£274.5K10/210.65 mi61, Caraway Place, Wallington, Greater London SM6 7AG2
£276K10/200.65 mi59, Caraway Place, Wallington, Greater London SM6 7AG2
£287K02/210.69 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.69 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.69 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£295K06/210.75 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.75 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.75 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K06/210.78 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.78 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£322.5K04/210.82 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£279K10/210.82 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.82 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£315K10/210.82 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£255K07/230.88 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£272.5K12/200.88 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£345K02/210.9 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£321.3K05/210.91 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£330K03/210.91 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£321K11/200.93 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.93 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£230K01/230.98 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£375K02/230.98 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£320K03/230.98 mi90, Denmark Road, Carshalton, Greater London SM5 2JW2
£335K11/200.98 mi80, Denmark Road, Carshalton, Greater London SM5 2JW2
£340K03/230.99 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2

Local Rents

25 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45002/250.06 mi-2
£1,45012/240.09 mi-2
£1,45012/240.09 mi-2
£1,60002/250.25 mi-2
£1,30012/240.32 mi-2
£1,75012/240.35 mi-2
£1,75012/240.4 miBlandford Close, Croydon, CR02
£1,65012/240.45 miRichmond Green, CROYDON2
£1,75008/240.45 mi-2
£1,87509/240.46 miBeddington Grove, Wallington SM6 8LH2
£1,87509/240.47 miBeddington Grove, Wallington, SM62
£1,75012/240.48 mi-2
£1,45008/240.49 mi-2
£1,55008/240.51 miMaldon Road, Wallington, SM62
£1,40008/240.54 miBute Court, Bute Road, Wallington, SM62
£1,60008/240.55 miMaldon Road, Wallington, SM62
£1,60008/240.55 mi-2
£1,60008/240.55 mi-2
£1,55003/250.55 mi-2
£1,27509/240.55 miMaldon Road Wallington SM62
£1,60009/240.58 miMaldon Road, Wallington2
£1,35012/240.59 miTwickenham Close, Beddington, Surrey. CR02
£1,50009/240.61 mi-2
£1,55010/240.61 mi-2
£1,70003/250.62 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.54 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 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 27, 2024

Sold for £270,000

2017

Sold for £160,000

2006

Sold for £133,000

2002

Sold for £72,000

1998

Sold for £62,495

1995

Floor Plans

Description

  • Two bedrooms +
  • First floor flat +
  • Open plan living/dining room +
  • Gated allocated parking space +
  • Cul-de-sac location +
  • Close to local amenities +

This well-presented two-bedroom first floor apartment is offered to the market boasting open plan living accommodation, allocated parking space and two good sized bedrooms.

Ladymount is located within a quiet cul de sac that can be found just off Demesne Road, set behind private gates with the development only being two small blocks.

The property briefly comprises; bright and airy dual aspect living/dining room, modern kitchen which is fitted with a range of wall and base cupboards complimented by laminated worktop surfaces and fitted with an electric oven and hob, sink and drainer unit and fitted fridge freezer. There are two good sized bedrooms with the main bedroom also featuring storage space/fitted wardrobes and family bathroom that includes a panelled bath, overhead shower, hand basin and low-level W/C. There is ample storage throughout the property.

Outside, there are well maintained communal gardens, visitors parking bays and the property also comes with an allocated parking space.

Agent Details

Rosindale Pavitt, Wallington

020 3909 6696

Next Steps?

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