2 Bed Semi-Detached House, Cash/Bridging Only, London, SE22 8JL, £680,000

1A Plough Lane, London, Greater London, SE22 8JL - 2 views - 6 months ago

Cash
65 m²
+5 photos

ValuationOvervalued

Sold Prices£435K - £1.4M
Sold Prices/m²£7.2K/m² - £12.1K/m²

 

 

Square Metres

65 m²
Price/m²£10.5K/m²

Value Estimate

£623,333

 

 

End Value (After Refurb)

£688,500

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£170,000

Stamp Duty & Legal Fees

£43,100

Refurb Costs

£34,356

Bridging Loan Interest

£17,850

Total Cash In

£267,056

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£688,500

Mortgage (After Refinance)

£516,375

Mortgage LTV

75%

Cash Released

£6,375

Cash Left In

£260,681

Equity

£172,125

Rent Range

£1,650 - £5,500

Rent Estimate

£2,183

Running Costs/mo

£2,608

Cashflow/mo

£-425

Cashflow/yr

£-5,102

Gross Yield

4%

Local Sold Prices

36 sold prices from £435K to £1.4M, average is £661.3K. £7.2K/m² to £12.1K/m², average is £9.6K/m².

PriceDateDistanceAddressBeds 
£700K06/230.01 mi6, Plough Lane, London, Greater London SE22 8JL2
£806.6K06/210.04 mi6, Landells Road, East Dulwich, London, Greater London SE22 9PG2
£940.5K01/210.06 mi57, Landells Road, East Dulwich, London, Greater London SE22 9PQ2
£748K03/210.19 mi16, Jennings Road, London, Greater London SE22 9JU2
£655K06/210.24 mi138, Landells Road, London, Greater London SE22 9PL2
£435K05/230.27 mi60a, Heber Road, East Dulwich, London, Greater London SE22 9JX2
£592.5K11/200.29 mi160a, Landells Road, London, Greater London SE22 9PN2
£662.5K03/210.3 mi14, Pellatt Road, East Dulwich, London, Greater London SE22 9JA2
£640K12/200.31 mi53a, Silvester Road, London, Greater London SE22 9PB2
£550K03/230.31 mi4, Donkey Alley, London, Greater London SE22 0NY2
£528K02/230.36 mi28, Whateley Road, London, Greater London SE22 9DB2
£769.5K10/210.39 mi6, Colwell Road, London, Greater London SE22 8QP2
£880K11/220.4 mi21, Overhill Road, London, Greater London SE22 0PQ2
£590K04/210.4 mi4, Belvoir Road, London, Greater London SE22 0QY2
£1.4M03/210.42 mi41, Bawdale Road, London, Greater London SE22 9DL2
£860.7K03/210.47 mi16, Cornflower Terrace, London, Greater London SE22 0HH2
£820K02/210.47 mi42, Henslowe Road, London, Greater London SE22 0AR2
£856.5K02/210.48 mi6a, Playfield Crescent, London, Greater London SE22 8QS2
£910K09/210.56 mi27, Aysgarth Road, London, Greater London SE21 7JR2
£1.0M11/200.56 mi11, Aysgarth Road, London, Greater London SE21 7JR2
£825K12/200.59 mi38, Archdale Road, London, Greater London SE22 9HJ2
£815K06/210.6 mi38, Nutfield Road, London, Greater London SE22 9DG2
£1.1M05/230.61 mi31, Dovedale Road, London, Greater London SE22 0NF2
£596K05/230.64 mi45a, Wood Vale, London, Greater London SE23 3DS2
£555K05/210.79 mi25, Abbotswood Road, London, Greater London SE22 8DJ2
£590K06/210.79 mi35, Abbotswood Road, London, Greater London SE22 8DJ2
£555K12/200.8 mi22, Abbotswood Road, London, Greater London SE22 8DL2
£660K03/210.8 mi15, Shaw Road, London, Greater London SE22 8DP2
£480K06/230.81 mi2, Orchard Close, London, Greater London SE23 3QN2
£440K05/230.81 mi4, Orchard Close, London, Greater London SE23 3QN2
£632K06/210.82 mi5, Buxted Road, London, Greater London SE22 8DQ2
£555K05/210.82 mi5, Talbot Road, London, Greater London SE22 8EH2
£600K08/210.83 mi6, Surrey Mount, London, Greater London SE23 3PF2
£880K06/210.86 mi11, St Francis Road, London, Greater London SE22 8DE2
£700K05/230.86 mi52, St Francis Road, London, Greater London SE22 8DE2
£575K12/220.87 miFirst Floor Maisonette At, 3, Hinckley Road, London, Greater London SE15 4HZ2

Local Rents

50 rents from £1.6K/mo to £5.5K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.03 mi357 Lordship Lane, London, SE222
£1,70008/240.05 mi-2
£2,00008/240.08 miBarry Road, East Dulwich2
£1,85008/240.1 miBarry Road, East Dulwich, London, SE222
£1,80008/240.12 miLordship Lane, East Dulwich, SE222
£2,20008/240.13 miLordship Lane, East Dulwich2
£1,85003/250.14 mi-2
£2,00008/240.16 miGoodrich Road, East Dulwich, London, SE222
£1,90003/250.16 mi-2
£2,10002/250.16 mi-2
£1,99903/250.16 mi-2
£2,00008/240.16 miLordship Lane, East Dulwich, SE222
£1,67508/240.17 miFriern Road London SE222
£2,45002/240.18 mi-2
£2,10008/240.19 miJennings Road2
£2,20008/240.21 miBarry Road, SE222
£2,35008/240.21 mi240 Lordship Lane, London, SE222
£2,35008/240.21 mi240 Lordship Lane, London, SE222
£2,25004/250.22 mi-2
£1,80008/240.22 miLordship Lane, East Dulwich, London, SE222
£2,10008/240.22 miHeber Road, London, SE222
£2,10009/240.22 miHeber Road, London, SE222
£2,10009/240.22 mi-2
£2,35008/240.22 miLordship Lane, East Dulwich2
£1,99509/240.22 mi-2
£1,99510/240.22 mi-2
£1,99508/240.22 miEast Dulwich, London, SE222
£1,99508/240.22 miEast Dulwich, London, SE222
£1,99509/240.22 miEast Dulwich, London, SE222
£2,19708/240.23 miUpland Road, Dulwich, London, SE222
£5,50009/240.23 mi-2
£1,80001/250.24 mi-2
£2,80008/240.25 miLordship Lane, East Dulwich2
£2,80008/240.25 miLordship Lane, SE222
£2,80008/240.25 miLordship Lane, East Dulwich, London, SE222
£2,80008/240.25 miMyn House, 263 Lordship Lane, East Dulwich, SE222
£3,50012/240.26 mi-2
£2,00008/240.29 miLandells Road, East Dulwich, London, SE222
£2,38009/240.3 mi-2
£2,38008/240.3 miPellatt Road, London, SE222
£1,80002/240.3 mi-2
£1,90008/240.3 mi-2
£1,90008/240.31 miLordship Lane, SE222
£1,75008/240.32 miNorman Court, Lordship Lane, London, SE222
£1,65008/240.32 miNorman Court, Lordship Lane, London, SE222
£2,00008/240.32 miBarry Road, SE222
£1,75008/240.33 miBarry Road, East Dulwich2
£2,50008/240.33 miSilvester Road, East Dulwich, London, SE222
£1,85004/250.34 mi-2
£2,25010/230.34 miWhateley Road2

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

5.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £680,000

October 8, 2024

Sold for £88,000

1999

Floor Plans

Description

  • Two double bedrooms +
  • Good size garden +
  • Close to stations and amenties +
  • End of terrace +
  • Loft room +
  • Roof Terrace +
  • Balcony +
  • Period property +

CASH BUYERS ONLY

A fantastic Victorian terrace family house with two double bedrooms and a loft room that is perfectly situated between East Dulwich and the Village. Plough Lane, a picturesque and delightful no-through street with all the attractions of the larger Dulwich region right on your doorstep, can be reached by leaving the charming hubbub of Lordship Lane.

The house is at the end of a terrace, has a fantastic south-facing garden, and is in close proximity to St Anthony's School. You'll adore the design, which includes a sizable reception area with a sturdy floor, a strong and impressive spiral stairway, and sliding glass doors leading to the kitchen. This is an excellent area for a growing family.

An expansive bathroom with utility space is located on the ground level. The kitchen has a lovely room with a breakfast bar that looks out onto the garden. It is exceptionally well-lit. Two double bedrooms and two further shower rooms are located upstairs. The main bedroom faces south and has an extended Juliet balcony. There is a further balcony to the converted loft space. The patio garden faces south and has a brick-built shed that can be quickly connected to allow you to work from home. A true and attractive home in a prime Dulwich neighbourhood.

All the draws of East Dulwich and the Village are right outside your door in Plough Lane, which is located next to Dulwich Library on Lordship Lane. From East Dulwich, Denmark Hill, Peckham Rye, and Forest Hill stations, it is simple to enter Zone One, providing a fantastic selection of connections into the city for many Central London destinations. Several well-known and reputable Schools are easily accessible on foot; the closest is St. Anthony's, which is only a short distance away. You'll never run out of food or drink thanks to the incredible selection of independent stores, bars, and eateries on Lordship Lane and other locations in the Village. And for some wonderful expanses to experience with your family in the great outdoors, head over to Dulwich Park or down to Peckham Rye.

INFORMATION AND SERVICES

Lease: Freehold

Council Tax Band: C

LOCAL AUTHORITIES: London Borough of Southwark

-

Services: Mains water and gas, electricity.

Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.

Viewing: By appointment via Truepenny's.

Truepenny’s Property Consultants Ltd. for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord or Truepenny’s Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the landlord does not make or give either Truepenny’s Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

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