2 Bed Terraced House, Single Let, London, SE4 2AW, £400,000

St. Cyprians Court, Braxfield Road, London, SE4 2AW - 2 views - 7 months ago

Leasehold
BTL
~68 m²

ValuationUndervalued

Sold Prices£350K - £1.7M
Sold Prices/m²£4.4K/m² - £10K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£488,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£1,500 - £2,850

Rent Estimate

£1,600

Running Costs/mo

£1,590

Cashflow/mo

£10

Cashflow/yr

£120

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £350K to £1.7M, average is £585K. £4.4K/m² to £10K/m², average is £8.3K/m².

PriceDateDistanceAddressBeds 
£672.5K06/210.16 mi50a, Kneller Road, London, Greater London SE4 2AP2
£615K03/210.21 mi13, St Norbert Green, London, Greater London SE4 2HD2
£653K02/230.28 mi37a, Merritt Road, London, Greater London SE4 1DT2
£652.5K03/230.29 mi33, Arica Road, London, Greater London SE4 2PY2
£705K06/210.3 mi107, Arica Road, London, Greater London SE4 2PS2
£544.5K04/230.31 mi78, Merritt Road, London, Greater London SE4 1DX2
£700K06/210.31 mi34, Arica Road, London, Greater London SE4 2PX2
£650K12/200.35 mi18, Buckthorne Road, London, Greater London SE4 2DB2
£490K12/200.37 mi16, Reynard Close, London, Greater London SE4 2DF2
£830K02/230.38 mi85, Harefield Road, London, Greater London SE4 1LU2
£530K06/210.39 mi18, Foxwell Mews, London, Greater London SE4 2EP2
£500K01/210.39 mi8, Foxwell Mews, London, Greater London SE4 2EP2
£415K01/210.43 mi23, Pincott Place, London, Greater London SE4 2ER2
£455K02/210.43 mi13, Pincott Place, Brockley, London, Greater London SE4 2ER2
£355K01/210.44 mi17, Bircham Path, London, Greater London SE4 2HY2
£580K09/210.44 mi20, Cypress Gardens, London, Greater London SE4 2FB2
£1.7M07/210.49 mi5, Tressillian Crescent, London, Greater London SE4 1QJ2
£515K12/200.53 mi5, Tack Mews, London, Greater London SE4 1XS2
£508K07/230.53 mi1, Tack Mews, London, Greater London SE4 1XS2
£490K08/220.53 mi44f, Wickham Road, Brockley, London, Greater London SE4 1NZ2
£440K03/210.58 mi7, Sinclair Place, London, Greater London SE4 1RS2
£590K01/230.58 mi39d, Tressillian Road, London, Greater London SE4 1YG2
£575K09/230.6 mi56a, Vicars Hill, London, Greater London SE13 7JL2
£607.5K07/230.6 mi45, Ewhurst Road, London, Greater London SE4 1AG2
£550K05/230.6 mi40b, Wallbutton Road, London, Greater London SE4 2NX2
£680K12/220.61 mi93, Crofton Park Road, London, Greater London SE4 1AJ2
£679.3K11/200.62 mi58, Ewhurst Road, London, Greater London SE4 1AQ2
£730.5K10/220.63 mi25, Rye Road, London, Greater London SE15 3AX2
£485K11/200.64 mi20, Dressington Avenue, London, Greater London SE4 1JG2
£795K06/210.64 mi4, Sartor Road, London, Greater London SE15 3BB2
£704K12/220.65 mi61, Bexhill Road, London, Greater London SE4 1SJ2
£590K06/210.66 mi111, Crofton Park Road, London, Greater London SE4 1AJ2
£637K04/210.66 mi141, Crofton Park Road, London, Greater London SE4 1AJ2
£624K06/210.66 mi99, Crofton Park Road, London, Greater London SE4 1AJ2
£500K07/210.66 mi7, Malyons Terrace, London, Greater London SE13 7XJ2
£645K06/210.67 mi60, Surrey Road, London, Greater London SE15 3AT2
£350K04/230.67 mi7, Tremaine Close, London, Greater London SE4 1YF2
£535K06/220.67 mi8, Brookbank Road, London, Greater London SE13 7BT2
£692.5K04/210.7 mi10, Hichisson Road, London, Greater London SE15 3AL2
£440K12/220.7 mi44b, Ivydale Road, London, Greater London SE15 3BS2
£675K01/230.7 mi109, Embleton Road, London, Greater London SE13 7DQ2
£550K03/210.72 miGround Floor Flat, 48, Halesworth Road, London, Greater London SE13 7TL2
£750K10/230.74 mi55, Ellerdale Street, London, Greater London SE13 7JX2
£601K07/220.75 mi11a, Drakefell Road, Brockley, London, Greater London SE14 5SL2
£515K11/200.78 mi53, Beacon Gate, London, Greater London SE14 5UB2
£502.5K03/210.78 mi52, Beacon Gate, London, Greater London SE14 5UB2
£600K09/210.79 mi35, Ladywell Road, London, Greater London SE13 7UT2
£518K04/220.79 mi89, Codrington Hill, London, Greater London SE23 1LR2
£575K05/210.8 mi14, Brookbank Road, London, Greater London SE13 7BT2
£567.5K05/210.8 mi20, Brookbank Road, London, Greater London SE13 7BT2

Local Rents

49 rents from £1.5K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,85008/240.04 miComerford Road 2
£1,85008/240.04 miComerford Road, London, SE42
£2,00008/240.04 miComerford Road, Brockley. London, SE42
£1,85008/240.05 miArabin Road, Brockley, London, SE42
£2,00002/250.06 mi-2
£2,45009/240.08 mi-2
£1,97508/240.08 mi-2
£1,97503/250.08 mi-2
£2,50004/250.13 mi-2
£1,85008/240.14 miHowson Road, London, SE4 2BB2
£2,00008/240.14 miDalrymple Road London SE42
£2,00008/240.14 miDalrymple Road London SE42
£1,60003/250.14 mi-2
£1,75012/240.15 mi-2
£1,75008/240.15 miSt. Margarets Road, Brockley2
£1,65008/240.17 miBrockley Road London SE42
£2,20003/250.19 mi-2
£2,20008/240.21 miAdelaide Avenue, Brockley2
£1,95001/250.22 mi-2
£2,20002/250.23 mi-2
£2,00008/240.23 miBreakspears Road, London, SE42
£2,20001/250.23 mi-2
£1,89510/240.24 mi-2
£1,99508/240.24 miAdelaide Avenue, Brockley, SE42
£2,30003/250.25 mi-2
£1,50008/240.25 miSkipton House, SE42
£1,70008/240.25 miJasmin House, SE42
£1,80003/250.25 mi-2
£2,00008/240.26 miBreakspears Road, Brockley, London, SE42
£1,75008/240.26 miCrofton Gate Way, London, SE42
£2,00002/250.27 mi-2
£2,80002/240.27 mi-2
£2,85001/250.27 mi-2
£2,10002/240.28 mi-2
£2,20012/240.29 mi-2
£1,95010/240.3 mi-2
£2,45008/240.3 miArica Road London SE42
£1,70008/240.31 mi-2
£1,90008/240.32 miBrockley Road, Brockley2
£2,00001/250.32 mi-2
£1,80004/250.33 mi-2
£1,60008/240.35 miBrockley Road, Lewisham, SE42
£1,60009/240.35 mi-2
£2,05011/240.35 mi-2
£1,90008/240.35 miBrockill Crescent, Brockley2
£2,25008/240.36 miFinland Road Brockley SE42
£1,60008/240.37 mi-2
£1,70001/250.37 mi-2
£2,20008/240.37 miCranfield Road, SE42

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.62 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £400,000

October 9, 2024

Description

  • Bright and Spacious +
  • Two double bedrooms +
  • Close to public transport +
  • Great Location +

St. Cyprians Court is situated in a prime location between Brockley and Crofton Park. This third floor two bedroom apartment is perfect for anyone looking to get onto the property ladder as a first time buyer or buy to let investment.

The apartment set within this modern purpose built four-storey block which primarily fronts onto Braxfield Road comprises: spacious reception with open-plan kitchen, one bedroom, bathroom, communal bicycle storage and access to a shared roof terrace (private section to be granted with new lease)

The development’s prominent location means it benefits from being within close proximity to a variety of shops and supermarkets situated along Brockley Road such as CoOp, Sainsbury’s Local and Budgens. St Cyprian’s Court is also just moments away from a number of open green spaces including Hilly Fields, Ladywell Fields, Honor Oak Recreation Ground, and Peckham Rye Park & Common.

INFORMATION AND SERVICES

Lease: Leasehold 125 years to be granted on completion

Ground rent: Peppercorn Ground Rent

Service charge: Ad-hoc basis (more information available upon request - guide is 1/8 of the communal electricity and cleaning with building and maintenance liable up to £250 per unit of total repair but should it exceed this amount then Section 20 Notice will be served accordingly)

Council Tax Band: B

EPC Rating: C

LOCAL AUTHORITIES: Lewisham Council

Services: Mains water and gas (if applicable), 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.Truepenny’s Property Consultants 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/Vendor or Truepenny’s Property Consultants, (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/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor 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. (6) any computer-generated images, virtually staged images, artist’s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪