2 Bed Flat, Single Let, London, SE4 1NZ, £450,000

Wickham Road, London, SE4 1NZ - 4 views - 6 months ago

Leasehold

BTL

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£290K - £750K
Sold Prices/m²	£5.5K/m² - £9.6K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£463,073£463,073
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Total Cash In	£137,200£137,200

Cash Out
Rent Range	£1,650 - £2,500£1,650 - £2,500
Rent Estimate	£1,581
Running Costs/mo	£1,742£1,742
Cashflow/mo	£-161£-161
Cashflow/yr	£-1,937£-1,937
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £290K to £750K, average is £458.1K. £5.5K/m² to £9.6K/m², average is £6.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£750K	11/21	0.04 mi	20a, Wickham Road, Brockley, London, Greater London SE4 1NY	£6,557	114	2	Flat
£465K	05/21	0.06 mi	83b, Manor Avenue, London, Greater London SE4 1TD	-	-	2	Flat
£475K	03/21	0.06 mi	93d, Manor Avenue, London, Greater London SE4 1TD	-	-	2	Flat
£500K	04/23	0.08 mi	32b, Breakspears Road, London, Greater London SE4 1UW	£6,667	75	2	Flat
£555.5K	03/23	0.08 mi	32, Breakspears Road, London, Greater London SE4 1UW	£7,725	72	2	Flat
£505K	01/21	0.1 mi	10a, Wickham Road, Brockley, London, Greater London SE4 1PB	£6,012	84	2	Flat
£375K	10/20	0.11 mi	110, Geoffrey Road, London, Greater London SE4 1NU	£7,353	51	2	Flat
£430K	11/20	0.12 mi	Flat 1, Hadrian Court, Breakspears Road, London, Greater London SE4 1XP	-	-	2	Flat
£400K	06/21	0.14 mi	93a, Upper Brockley Road, London, Greater London SE4 1TF	-	-	2	Flat
£467K	05/23	0.15 mi	13, Lloyd Villas, London, Greater London SE4 1US	£6,380	73	2	Flat
£420K	01/23	0.15 mi	18, Lloyd Villas, London, Greater London SE4 1US	£5,915	71	2	Flat
£500K	07/23	0.15 mi	43, Lloyd Villas, London, Greater London SE4 1US	£7,042	71	2	Flat
£520K	05/23	0.15 mi	22, Lloyd Villas, London, Greater London SE4 1US	-	-	2	Flat
£600K	02/21	0.17 mi	Flat C, 44, Tressillian Road, London, Greater London SE4 1YB	£5,875	102	2	Flat
£615K	11/21	0.18 mi	162, Upper Brockley Road, London, Greater London SE4 1SS	£9,179	67	2	Flat
£615K	12/21	0.19 mi	11a, Tressillian Road, London, Greater London SE4 1YG	£6,029	102	2	Flat
£547.5K	02/23	0.2 mi	51a, Wickham Road, Brockley, London, Greater London SE4 1LT	£7,399	74	2	Flat
£450K	12/22	0.2 mi	162, Upper Brockley Road, London, Greater London SE4 1SS	£6,716	67	2	Flat
£325K	03/23	0.25 mi	Flat 2, Almond House, Malpas Road, London, Greater London SE4 1BY	-	-	2	Flat
£415.1K	06/21	0.26 mi	46d, Tyrwhitt Road, London, Greater London SE4 1QG	£5,535	75	2	Flat
£445K	03/21	0.26 mi	9b, Drake Road, London, Greater London SE4 1QH	£6,544	68	2	Flat
£410K	10/20	0.27 mi	Flat 7, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£401K	06/21	0.27 mi	Flat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£370K	03/21	0.28 mi	Flat 16, Laburnum House, Malpas Road, London, Greater London SE4 1BL	-	-	2	Flat
£500K	08/23	0.28 mi	3d, St Johns Vale, London, Greater London SE8 4EA	£7,610	66	2	Flat
£461.3K	06/21	0.29 mi	61c, Tressillian Road, London, Greater London SE4 1YA	£5,898	78	2	Flat
£650K	03/21	0.3 mi	7a, Glensdale Road, London, Greater London SE4 1UE	£9,603	68	2	Flat
£408K	04/21	0.32 mi	128b, Tanners Hill, London, Greater London SE8 4QD	-	-	2	Flat
£455K	01/23	0.32 mi	82c, Tyrwhitt Road, London, Greater London SE4 1QB	-	-	2	Flat
£352.5K	06/21	0.34 mi	Flat 2, Jasmin House, Wickham Road, Brockley, London, Greater London SE4 1NF	-	-	2	Flat
£350K	03/21	0.34 mi	Flat 4, May Tree House, Wickham Road, Brockley, London, Greater London SE4 1LZ	-	-	2	Flat
£525K	09/21	0.35 mi	Flat B, 110, Breakspears Road, London, Greater London SE4 1UD	-	-	2	Flat
£695K	09/21	0.36 mi	14b, St Johns Vale, London, Greater London SE8 4EW	£6,881	101	2	Flat
£485K	03/21	0.36 mi	Flat A, 102, Sandrock Road, London, Greater London SE13 7TP	£7,823	62	2	Flat
£343K	08/23	0.37 mi	Flat 12, Birch House, Shardeloes Road, London, Greater London SE14 6RY	-	-	2	Flat
£645K	01/23	0.37 mi	137a, Breakspears Road, London, Greater London SE4 1TY	-	-	2	Flat
£547K	09/23	0.38 mi	First Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU	£8,547	64	2	Flat
£525K	12/20	0.4 mi	36a, Shell Road, London, Greater London SE13 7TW	-	-	2	Flat
£373.5K	11/20	0.4 mi	Flat 10, Holly Tree House, Brockley Road, London, Greater London SE4 2RU	-	-	2	Flat
£305K	10/20	0.4 mi	Flat 20, Holly Tree House, Brockley Road, London, Greater London SE4 2RU	-	-	2	Flat
£300K	08/21	0.41 mi	Flat 23, Deloraine House, Tanners Hill, London, Greater London SE8 4PY	-	-	2	Flat
£490K	01/23	0.41 mi	Flat 18, Willow House, Dragonfly Place, London, Greater London SE4 2FJ	-	-	2	Flat
£290K	09/21	0.42 mi	Flat 4, Heston House, Tanners Hill, London, Greater London SE8 4PU	-	-	2	Flat
£325K	11/20	0.42 mi	Flat 53, Heston House, Tanners Hill, London, Greater London SE8 4PX	-	-	2	Flat
£475K	12/20	0.42 mi	133b, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£445.4K	01/23	0.42 mi	133a, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£335K	04/21	0.43 mi	Flat 26, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£359K	05/21	0.43 mi	Flat 18, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£375K	03/21	0.43 mi	Flat 23, Grover Court, Loampit Hill, London, Greater London SE13 7ST	-	-	2	Flat
£531K	10/21	0.43 mi	162a, Tressillian Road, London, Greater London SE4 1XY	£8,045	66	2	Flat

Local Rents

49 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,880	03/25	0.06 mi	-	2	Flat
£1,800	08/24	0.08 mi	Geoffrey Road Brockley SE4	2	Flat
£2,350	08/24	0.08 mi	Top Flat, Manor Avenue, London, SE4	2	Flat
£2,000	08/24	0.09 mi	Manor Avenue, Brockley, London, SE4	2	Flat
£1,850	08/24	0.11 mi	Wickham Road Brockley SE4	2	Flat
£2,000	08/24	0.11 mi	Manor Avenue, London, SE4	2	Flat
£2,000	08/24	0.11 mi	-	2	Flat
£2,000	02/25	0.11 mi	-	2	Terraced House
£2,250	12/24	0.11 mi	-	2	Flat
£2,250	01/25	0.11 mi	-	2	Flat
£1,900	02/25	0.11 mi	-	2	Flat
£2,200	11/24	0.12 mi	-	2	Flat
£2,100	08/24	0.12 mi	Breakspears Road London SE4	2	Flat
£1,850	08/24	0.12 mi	Wickham Road, London, SE4	2	Flat
£2,200	08/24	0.15 mi	Lewisham Way Lewisham SE4	2	Flat
£2,200	08/24	0.17 mi	-	2	Flat
£2,200	10/24	0.17 mi	-	2	Flat
£2,500	08/24	0.19 mi	Tressillian Road, SE4	2	Flat
£1,950	08/24	0.19 mi	Tressillian Road, London, SE4	2	Flat
£2,100	08/24	0.2 mi	Wickham Road London SE4	2	Flat
£1,750	10/24	0.2 mi	-	2	Flat
£1,925	12/24	0.2 mi	-	2	Flat
£1,750	08/24	0.21 mi	Lewisham Way, Brockley, SE4	2	Flat
£1,975	01/25	0.21 mi	-	2	Flat
£2,100	08/24	0.21 mi	Lewisham Way, Brockley	2	Flat
£2,100	08/24	0.22 mi	-	2	Flat
£2,200	08/24	0.22 mi	-	2	Flat
£2,200	08/24	0.23 mi	Cranfield Road, SE4	2	Flat
£2,200	08/24	0.24 mi	Breakspears Road, London, SE4	2	Flat
£1,975	03/25	0.25 mi	-	2	Flat
£2,000	08/24	0.25 mi	Lewisham Way, Brockley	2	Flat
£1,900	03/25	0.25 mi	-	2	Flat
£1,650	08/24	0.26 mi	Lewisham Way, Brockley, SE4	2	Flat
£2,400	02/25	0.29 mi	-	2	Flat
£2,000	03/25	0.29 mi	-	2	Flat
£2,000	08/24	0.31 mi	-	2	Flat
£2,000	02/25	0.31 mi	-	2	Flat
£2,100	02/24	0.31 mi	-	2	Flat
£1,985	11/24	0.31 mi	-	2	Semi-Detached House
£1,750	11/23	0.32 mi	Lewisham Way, London, SE14	2	Flat
£1,650	11/23	0.32 mi	Lewisham Way, London, SE14	2	Flat
£1,950	09/24	0.32 mi	-	2	Flat
£2,100	09/24	0.32 mi	-	2	Flat
£2,000	01/25	0.32 mi	-	2	Flat
£2,500	08/24	0.32 mi	Tyrwhitt Road Brockley SE4	2	Flat
£1,950	08/24	0.32 mi	Tanners Hill, London	2	Flat
£1,863	11/23	0.32 mi	Tanners Hill, SE8	2	Flat
£1,700	08/24	0.32 mi	Jasmin House, SE4	2	Flat
£1,900	08/24	0.33 mi	Brockley Road, Brockley	2	Flat

Local Area Statistics

Population in SE4	28,59528,595
Population in London	4,771,9214,771,921
Town centre distance	5.32 miles away5.32 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+18%+18%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £450,000

October 10, 2024

Floor Plans

Description

Offers between £450,000 - £475,000 +
Chain free +
Sought after location +
Landscaped communal gardens +
Finished to a high standard throughout +
Close to transport and greenery +
Stunning kerb appeal +

A stylish two bedroom flat, located on one of the most popular roads within the conservation area.

Set within this grand and imposing period building, the property offers bright interiors and private outdoor space. It?s also offered to the market with no onward chain and benefits from a long lease.

Internally, the property is beautifully presented and boasts a spacious open plan reception space which includes stripped wooden floors, a feature fireplace, exposed brickwork, plantation shutters and a new kitchen.

Two bedrooms, a trendy bathroom and storage space complete the accommodation. Externally, there is a vast landscaped garden perfect for relaxing and enjoying the surrounding greenery.

Brockley overground is less than half a mile away and offers frequent trains into central London. St John & Ladywell station are slightly further but still within walking distance.

Agent Details

Bryan & Keegan, London

020 3866 6727

Next Steps?

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

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