2 Bed Flat, Single Let, London, SE19 1UZ, £349,000

College Road, Crystal Palace, London, SE19 1UZ - 5 views - 6 months ago

Sold STC

Leasehold

BTL

ROI: 2%

~68 m²

+2 photos

ValuationUndervalued

Sold Prices	£300K - £1.1M
Sold Prices/m²	£3.7K/m² - £9.4K/m²

Square Metres	~68.11 m²
Price/m²	£5.1K/m²
Value Estimate	£414,641£414,641
BMV	19%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,250£87,250
Stamp Duty & Legal Fees	£16,620£16,620
Total Cash In	£103,870£103,870

Cash Out
Rent Range	£1,500 - £3,500£1,500 - £3,500
Rent Estimate	£1,606
Running Costs/mo	£1,432£1,432
Cashflow/mo	£174£174
Cashflow/yr	£2,090£2,090
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £300K to £1.1M, average is £437.5K. £3.7K/m² to £9.4K/m², average is £6.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£457K	01/21	0.03 mi	Flat 6, Grenville Court, Lymer Avenue, London, Greater London SE19 1LR	-	-	2	Flat
£470K	06/21	0.06 mi	Flat 20, Marlowe Court, Lymer Avenue, London, Greater London SE19 1LP	-	-	2	Flat
£450K	06/23	0.06 mi	Flat 34, Raleigh Court, Lymer Avenue, London, Greater London SE19 1LS	-	-	2	Flat
£471.4K	05/23	0.08 mi	Flat 22, Drake Court, Tylney Avenue, London, Greater London SE19 1LW	-	-	2	Flat
£305K	09/21	0.1 mi	28, Wavel Place, London, Greater London SE26 6SF	£6,394	48	2	Flat
£460K	10/20	0.18 mi	Flat 18, Knoll Court, Farquhar Road, London, Greater London SE19 1SP	-	-	2	Flat
£470K	06/21	0.18 mi	Flat 10, Knoll Court, Farquhar Road, London, Greater London SE19 1SP	-	-	2	Flat
£485K	04/23	0.18 mi	Flat 18, Knoll Court, Farquhar Road, London, Greater London SE19 1SP	-	-	2	Flat
£475K	01/21	0.19 mi	Flat 33, Glenhurst Court, Farquhar Road, London, Greater London SE19 1SR	-	-	2	Flat
£345K	02/23	0.24 mi	65, Rusholme Grove, London, Greater London SE19 1HZ	£6,053	57	2	Flat
£1.0M	06/21	0.24 mi	3, Chestnut Place, London, Greater London SE26 6RW	£5,776	180	2	Flat
£570K	01/23	0.32 mi	92, Great Brownings, Dulwich, London, Greater London SE21 7HR	-	-	2	Flat
£546K	05/23	0.35 mi	First Floor Flat, 85, Gipsy Hill, London, Greater London SE19 1QL	£4,403	124	2	Flat
£600K	01/23	0.37 mi	6a, Woodland Hill, London, Greater London SE19 1NY	-	-	2	Flat
£360K	02/21	0.38 mi	96b, Crystal Palace Park Road, London, Greater London SE26 6UP	£5,806	62	2	Flat
£700K	02/23	0.39 mi	7, Baird Gardens, Dulwich, London, Greater London SE19 1HJ	-	-	2	Flat
£725K	06/21	0.39 mi	4, Baird Gardens, London, Greater London SE19 1HJ	£9,418	77	2	Flat
£600K	01/21	0.39 mi	28, Baird Gardens, London, Greater London SE19 1HJ	£7,500	80	2	Flat
£420K	06/23	0.4 mi	16b, Longton Avenue, Sydenham, London, Greater London SE26 6QZ	£6,000	70	2	Flat
£367.7K	07/23	0.42 mi	Flat 3, Oakdene, Oaks Avenue, London, Greater London SE19 1RB	-	-	2	Flat
£435K	10/21	0.42 mi	1a, Charleville Circus, London, Greater London SE26 6NR	£7,164	61	2	Flat
£400K	11/21	0.43 mi	Flat 15, Highlands Court, Highland Road, London, Greater London SE19 1DR	-	-	2	Flat
£387.5K	04/21	0.43 mi	Flat 4, Highlands Court, Highland Road, London, Greater London SE19 1DR	-	-	2	Flat
£380K	02/21	0.44 mi	Flat 42, Highlands Court, Highland Road, London, Greater London SE19 1DS	-	-	2	Flat
£355K	07/21	0.44 mi	Flat 59, Highlands Court, Highland Road, London, Greater London SE19 1DS	-	-	2	Flat
£1.1M	01/21	0.45 mi	26, Gipsy Hill, London, Greater London SE19 1NL	£5,544	205	2	Flat
£330K	06/21	0.45 mi	28, Ormanton Road, London, Greater London SE26 6RB	£3,667	90	2	Flat
£390K	08/23	0.45 mi	Flat 3, Hillview Court, Oaks Avenue, London, Greater London SE19 1QX	-	-	2	Flat
£415K	11/23	0.45 mi	9c, Longton Avenue, Sydenham, London, Greater London SE26 6RA	-	-	2	Flat
£450K	03/23	0.45 mi	20b, Anerley Hill, London, Greater London SE19 2AD	-	-	2	Flat
£520K	05/21	0.46 mi	37, Alexandra Drive, London, Greater London SE19 1AW	-	-	2	Flat
£315K	08/21	0.48 mi	Flat 10, Compton Court, Victoria Crescent, London, Greater London SE19 1AF	-	-	2	Flat
£315K	08/21	0.48 mi	Flat 10, Compton Court, Victoria Crescent, London, Greater London SE19 1AF	-	-	2	Flat
£340K	10/21	0.48 mi	7b, St Aubyns Road, London, Greater London SE19 3AD	£7,464	46	2	Flat
£340K	10/21	0.48 mi	7b, St Aubyns Road, London, Greater London SE19 3AD	£7,464	46	2	Flat
£350K	04/21	0.48 mi	8b, St Aubyns Road, London, Greater London SE19 3AD	£6,228	56	2	Flat
£300K	06/21	0.48 mi	Flat 18, Compton Court, Victoria Crescent, London, Greater London SE19 1AF	-	-	2	Flat
£320K	09/21	0.49 mi	Flat 2, Beacon House, Chulsa Road, London, Greater London SE26 6BP	-	-	2	Flat
£425K	12/23	0.5 mi	64, Second Floor Flat, Crystal Palace Park Road, London, Greater London SE26 6UN	-	-	2	Flat
£417.5K	03/21	0.52 mi	Flat 8, Harrogate Court, Droitwich Close, London, Greater London SE26 6TL	-	-	2	Flat
£472K	10/20	0.52 mi	211a, Gipsy Road, London, Greater London SE27 9QY	£5,900	80	2	Flat
£347K	11/21	0.53 mi	7e, St Aubyns Road, London, Greater London SE19 3AD	£6,088	57	2	Flat
£528K	11/20	0.53 mi	2a, Cintra Park, London, Greater London SE19 2LH	£5,867	90	2	Flat
£509.2K	11/20	0.53 mi	6a, Cintra Park, London, Greater London SE19 2LH	£7,181	71	2	Flat
£540K	11/20	0.53 mi	8b, Lunham Road, London, Greater London SE19 1AA	-	-	2	Flat
£440K	10/21	0.54 mi	48, Victoria Crescent, London, Greater London SE19 1AE	£7,458	59	2	Flat
£625K	04/21	0.55 mi	35, Whiteley Road, London, Greater London SE19 1JU	-	-	2	Flat
£420K	10/20	0.55 mi	Flat 2, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£475K	09/23	0.55 mi	Flat 6, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£379K	10/20	0.55 mi	Flat 4, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat

Local Rents

48 rents from £1.5K/mo to £3.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,950	08/24	0.03 mi	Grenville Court, London, SE19	2	Flat
£2,000	09/24	0.03 mi	-	2	Flat
£1,750	08/24	0.03 mi	Grenville Court, Lymer Avenue, London, SE19	2	Flat
£1,800	02/24	0.04 mi	-	2	Flat
£2,300	08/24	0.1 mi	Wavel Place, LONDON	2	Flat
£2,300	08/24	0.11 mi	-	2	House
£2,300	08/24	0.11 mi	-	2	Flat
£1,950	08/24	0.11 mi	-	2	House
£2,175	08/24	0.11 mi	-	2	Flat
£2,300	02/24	0.12 mi	-	2	Flat
£2,200	08/24	0.12 mi	-	2	House
£1,750	08/24	0.13 mi	Sydenham Hill, London, SE26	2	Flat
£1,750	08/24	0.14 mi	Sydenham Hill Sydenham SE26	2	Flat
£2,250	08/24	0.15 mi	Wavel Place, London	2	Flat
£2,400	08/24	0.15 mi	Grange Court, London, SE26	2	Flat
£2,400	09/24	0.15 mi	-	2	Flat
£2,600	01/25	0.16 mi	-	2	Flat
£1,550	08/24	0.16 mi	Westwood Hill, Sydenham, SE26	2	Flat
£1,900	09/24	0.16 mi	Westwood Hill, London, SE26 6PE	2	Flat
£2,100	09/24	0.17 mi	-	2	Flat
£1,900	02/25	0.19 mi	-	2	Flat
£1,850	08/24	0.2 mi	Sydenham,London,SE26 6SH	2	Flat
£2,200	08/24	0.22 mi	Sydenham Hill London SE26	2	Flat
£1,600	12/24	0.25 mi	-	2	Flat
£2,050	08/24	0.27 mi	Colby Mews, London, SE19	2	Flat
£1,700	03/25	0.29 mi	-	2	Flat
£1,950	12/24	0.29 mi	-	2	Flat
£2,200	11/24	0.29 mi	-	2	Flat
£1,875	08/24	0.33 mi	Crystal Palace Park Road, London, SE26	2	Flat
£1,700	08/24	0.33 mi	Crystal Palace Park Road, Sydenham, SE26	2	Flat
£1,800	08/24	0.33 mi	Crystal Palace Park Road, London, SE26	2	Flat
£1,850	08/24	0.34 mi	-	2	Flat
£1,700	04/25	0.34 mi	-	2	Flat
£1,850	08/24	0.34 mi	-	2	Flat
£1,850	08/24	0.34 mi	Farquhar Rd, London, SE19	2	Flat
£1,800	08/24	0.34 mi	Longton Avenue, LONDON	2	Flat
£1,995	03/25	0.35 mi	-	2	Flat
£1,750	02/24	0.35 mi	-	2	House
£1,800	02/25	0.35 mi	-	2	Flat
£1,850	03/25	0.35 mi	-	2	Flat
£3,500	02/24	0.36 mi	-	2	Detached House
£2,700	08/24	0.36 mi	-	2	House
£1,700	08/24	0.37 mi	Westwood Hill, Sydenham SE26	2	Flat
£1,500	08/24	0.37 mi	Woodland Road, London, SE19	2	Flat
£2,000	08/24	0.37 mi	Becondale Road, London, SE19	2	Flat
£1,650	08/24	0.38 mi	-	2	Flat
£1,700	08/24	0.38 mi	Camden Hill Road, London, SE19	2	Flat
£1,900	11/24	0.38 mi	-	2	Flat

Local Area Statistics

Population in SE19	27,63827,638
Population in London	4,771,9214,771,921
Town centre distance	7.20 miles away7.20 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	0%0%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £349,000

September 30, 2024

Floor Plans

Description

Quiet development surrounded by greenery +
Fourth floor with a southerly aspect +
Newly refurbished +
No onward chain +
Convenient location +
Two double bedrooms +
Lift +
Residents parking +
Separate secure storage +

A newly refurbished and generously proportioned two double bedroom fourth floor apartment forming a quiet development nearby Gipsy Hill station.

This light-filled property boasts a bright southerly aspect and is freshly decorated throughout to offer an immediately enjoyable new home. The main living area extends to 22ft and is socially open-plan to a newly fitted high gloss handle-less kitchen - ample room for dining, entertaining, and relaxing. Fitted storage is prevalent in the hallway and second bedroom, whilst both bedrooms can accommodate double beds and could be ideal for sharers, or those who need regular guest space. Other notable points include a newly fitted bathroom with a rainfall shower, a lift, well maintained communal grounds, residents parking, a separate secure store room (ideal for bikes), and no onward chain.

College Road is conveniently positioned for Gipsy Hill, Crystal Palace or Sydenham Hill rail links, whilst a variety of leisure and shopping options are nearby at the Crystal Palace Triangle, Gipsy Parade or West Dulwich.

N.B: lease to be extended to 180 years on completion

Agent Details

Pedder, Crystal Palace

020 3962 0429

Next Steps?

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