2 Bed Flat, Single Let, London, SE13 7ST, £300,000

GROVER COURT Loampit Hill, London, Greater London, SE13 7ST - 1 views - 6 months ago

Leasehold
BTL
ROI: 6%
46 m²
+2 photos

ValuationFair Value

Sold Prices£152K - £750K
Sold Prices/m²£4.9K/m² - £11.5K/m²

 

 

Square Metres

45.85 m²
Price/m²£6.5K/m²

Value Estimate

£296,280

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,600 - £4,200

Rent Estimate

£1,700

Running Costs/mo

£1,298

Cashflow/mo

£403

Cashflow/yr

£4,830

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £152K to £750K, average is £440K. £4.9K/m² to £11.5K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£335K04/210.01 miFlat 26, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£359K05/210.01 miFlat 18, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£375K03/210.01 miFlat 23, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£600K10/230.13 miGround Floor Flat, 16, Halesworth Road, London, Greater London SE13 7TN2
£525K12/200.14 mi36a, Shell Road, London, Greater London SE13 7TW2
£547K09/230.15 miFirst Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU2
£415.1K06/210.18 mi46d, Tyrwhitt Road, London, Greater London SE4 1QG2
£380K04/210.18 miApartment 2, The White Cube, Algernon Road, London, Greater London SE13 7FS2
£320K11/210.2 miFlat 23, Compass House, Armoury Road, London, Greater London SE8 4LF2
£695K09/210.2 mi14b, St Johns Vale, London, Greater London SE8 4EW2
£570K05/210.2 mi81a, Halesworth Road, London, Greater London SE13 7TL2
£500K08/230.2 mi3d, St Johns Vale, London, Greater London SE8 4EA2
£485K03/210.21 miFlat A, 102, Sandrock Road, London, Greater London SE13 7TP2
£335K11/200.24 miFlat 56, Century House, Armoury Road, London, Greater London SE8 4LH2
£375.1K02/230.26 miFlat 601, Adana Building, Conington Road, London, Greater London SE13 7FD2
£615K12/210.28 mi11a, Tressillian Road, London, Greater London SE4 1YG2
£445K03/210.3 mi9b, Drake Road, London, Greater London SE4 1QH2
£600K02/210.3 miFlat C, 44, Tressillian Road, London, Greater London SE4 1YB2
£475K12/200.3 mi133b, Brookbank Road, London, Greater London SE13 7DA2
£455K01/230.31 mi82c, Tyrwhitt Road, London, Greater London SE4 1QB2
£445.4K01/230.32 mi133a, Brookbank Road, London, Greater London SE13 7DA2
£152K08/210.32 miFlat 2, Ohio Building, Deals Gateway, London, Greater London SE13 7RX2
£405K07/230.33 miFlat 405, Arizona Building, Deals Gateway, London, Greater London SE13 7QQ2
£500K04/230.33 mi32b, Breakspears Road, London, Greater London SE4 1UW2
£555.5K03/230.33 mi32, Breakspears Road, London, Greater London SE4 1UW2
£467K05/230.34 mi13, Lloyd Villas, London, Greater London SE4 1US2
£420K01/230.34 mi18, Lloyd Villas, London, Greater London SE4 1US2
£500K07/230.34 mi43, Lloyd Villas, London, Greater London SE4 1US2
£520K05/230.34 mi22, Lloyd Villas, London, Greater London SE4 1US2
£430K11/200.34 miFlat 1, Hadrian Court, Breakspears Road, London, Greater London SE4 1XP2
£422K04/230.36 miFlat 107, Dakota Building, Deals Gateway, London, Greater London SE13 7QE2
£480K07/230.36 miFlat 603, Dakota Building, Deals Gateway, London, Greater London SE13 7QE2
£410K03/230.36 miFlat 505, Idaho Building, Deals Gateway, London, Greater London SE13 7QG2
£435K10/230.36 miFlat 604, Idaho Building, Deals Gateway, London, Greater London SE13 7QG2
£320K11/230.37 mi114, Crosslet Vale, Greenwich, London, Greater London SE10 8DL2
£335K03/230.38 mi25, Crosslet Vale, Greenwich, London, Greater London SE10 8DH2
£345K08/210.38 miFlat 101, Atlanta Building, Deals Gateway, London, Greater London SE13 7RU2
£505K01/210.4 mi10a, Wickham Road, Brockley, London, Greater London SE4 1PB2
£750K11/210.41 mi20a, Wickham Road, Brockley, London, Greater London SE4 1NY2
£461.3K06/210.44 mi61c, Tressillian Road, London, Greater London SE4 1YA2
£383K01/240.45 miGarden Flat, 37, Blackheath Road, London, Greater London SE10 8PE2
£401K06/210.46 miFlat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU2
£365K03/210.47 mi71, Walerand Road, London, Greater London SE13 7PQ2
£332K04/230.47 mi73 - 99, Walerand Road, London, Greater London SE13 7PQ2
£465K05/210.48 mi83b, Manor Avenue, London, Greater London SE4 1TD2
£475K03/210.48 mi93d, Manor Avenue, London, Greater London SE4 1TD2
£408K04/210.48 mi128b, Tanners Hill, London, Greater London SE8 4QD2
£360K05/230.48 mi78, Lewisham Hill, London, Greater London SE13 7EL2
£300K08/210.49 miFlat 23, Deloraine House, Tanners Hill, London, Greater London SE8 4PY2
£665K06/230.51 mi77b, Ermine Road, London, Greater London SE13 7JJ2

Local Rents

50 rents from £1.6K/mo to £4.2K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75008/240.04 miLoampit Hill, Lewisham2
£1,75009/240.05 mi-2
£1,95004/250.07 mi-2
£2,69002/250.09 mi-2
£1,90008/240.09 mi-2
£1,90001/250.09 mi-2
£1,75008/240.09 miHalesworth Road, Lewisham2
£2,00004/250.1 mi-2
£1,75008/240.11 mi-2
£1,70012/240.12 mi-2
£2,00008/240.12 miHalesworth Road, London, SE132
£1,85011/230.12 miHalesworth Road, London, SE132
£2,15002/250.12 mi-2
£2,15002/250.12 mi-2
£1,70008/240.12 miUndercliff Road, Lewisham2
£1,95009/230.12 miThurston Road, Lewisham, London2
£1,90008/240.13 miUndercliff Road, London, SE132
£1,65011/240.13 mi-2
£4,20008/240.13 miUndercliff Road, London, SE132
£2,00003/250.13 mi-2
£1,75008/240.14 miSandrock Road, Lewisham, London, SE132
£1,75009/240.14 miSandrock Road, Lewisham, London, SE132
£1,75009/240.14 miSandrock Road, Lewisham, London, SE132
£1,85004/250.14 mi-2
£1,85008/240.16 miBolden Street, St Johns, London, SE82
£1,75011/240.16 mi-2
£1,85001/250.16 mi-2
£2,10008/240.17 miArmoury Road, London, Greater London, SE8 4LA2
£1,90004/250.18 mi-2
£2,10002/240.19 mi-2
£1,95004/250.19 mi-2
£1,80010/240.2 mi-2
£2,00008/240.2 miLewisham Way, Brockley2
£2,40002/250.2 mi-2
£1,80001/250.2 mi-2
£1,95009/240.2 mi-2
£1,95008/240.2 miBooth Court, London, SE132
£2,15008/240.21 mi-2
£2,15008/240.21 miBooth Court, London, SE132
£1,80009/240.21 miLindsay Court, Jerrard Street, SE132
£1,80009/240.21 miLindsay Court, Jerrard Street, SE132
£1,90008/240.21 miHighland Terrace, Algernon Road, Lewisham, SE132
£1,75008/240.24 miCentury House, Deptford, SE82
£2,00002/250.24 mi-2
£1,60008/240.25 miCentury House, Armoury Road, London, SE82
£1,60002/240.25 mi-2
£2,85004/250.25 mi-2
£1,85008/240.25 miConnington Road2
£1,75008/240.25 mi-2
£1,75008/240.25 miNuding Close, London, SE132

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

5.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £300,000

October 15, 2024

Sold for £134,000

2005

Floor Plans

Description

  • Stylish ground floor flat +
  • 2 well proportioned bedrooms +
  • Fantastic potential +
  • Set in a quiet residential development +
  • Close to Greenwich and Lewisham +

This spacious 2 bedroom flat is situated on the ground floor of a fantastic development and has great potential, but is in need of a full refurbishment.

Located on a quiet and residential street, Grover Court has excellent transport links via the A20 into central London and Dartford. Also within close proximity is St Johns train station which also gives easy transfers into London.

Please use the reference CHPK0779576 when contacting Foxtons.

Agent Details

Foxtons, Greenwich

020 3840 3567

Next Steps?

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