2 Bed Flat, Cash/Bridging Only, London, SE18 4HJ, £235,000

Nightingale Vale, London, SE18 4HJ - 2 views - 6 months ago

Leasehold

Cash

ROI: 5%

~77 m²

+7 photos

ValuationFair Value

Sold Prices	£114K - £700K
Sold Prices/m²	£1.9K/m² - £6.4K/m²

Square Metres	~77.48 m²
Price/m²	£3K/m²
Value Estimate	£237,350£237,350

End Value (After Refurb)	£350,382£350,382
Uplift in Value	+49%+49%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£58,750£58,750
Stamp Duty & Legal Fees	£12,950£12,950
Refurb Costs	£41,001£41,001
Bridging Loan Interest	£6,169£6,169
Total Cash In	£120,619£120,619

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£350,382£350,382
Agent Fees (1%)	£3,504£3,504
Bridging Loan	£176,250£176,250
Bridging Loan Interest	£6,169£6,169
Flip Profit	£50,009£50,009

Local Sold Prices

50 sold prices from £114K to £700K, average is £311.5K. £1.9K/m² to £6.4K/m², average is £4.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£225K	04/21	0.05 mi	157, Nightingale Place, London, Greater London SE18 4HW	£2,922	77	2	Flat
£154K	03/23	0.11 mi	306, Nightingale Vale, London, Greater London SE18 4EH	£1,913	81	2	Flat
£355K	06/21	0.27 mi	Flat 39, Schoolhouse Yard, Bloomfield Road, London, Greater London SE18 7JD	-	-	2	Flat
£365K	06/21	0.32 mi	Flat 9, Artillery House, Connaught Mews, London, Greater London SE18 6SU	-	-	2	Flat
£368K	07/23	0.34 mi	50a, Frederick Place, Plumstead, London, Greater London SE18 7BH	-	-	2	Flat
£285K	04/21	0.38 mi	208a, Herbert Road, London, Greater London SE18 3QD	-	-	2	Flat
£330.3K	07/21	0.39 mi	173b, Herbert Road, London, Greater London SE18 3QE	£4,593	72	2	Flat
£318K	12/20	0.4 mi	42a, Vernham Road, London, Greater London SE18 3HB	-	-	2	Flat
£388K	03/21	0.42 mi	Flat 1, St James Heights, Burrage Road, London, Greater London SE18 7HH	-	-	2	Flat
£315K	09/23	0.46 mi	6, Ankerdine Crescent, Shooters Hill, London, Greater London SE18 3LQ	£5,455	58	2	Flat
£197K	06/21	0.49 mi	Flat 15, Bingham Point, Wilmount Street, London, Greater London SE18 6RJ	-	-	2	Flat
£275K	12/20	0.52 mi	Flat A, 117, Plum Lane, London, Greater London SE18 3AG	£5,851	47	2	Flat
£525K	05/23	0.57 mi	13, Langhorne Street, London, Greater London SE18 4BJ	-	-	2	Flat
£245K	05/21	0.57 mi	115, Admaston Road, London, Greater London SE18 2TF	-	-	2	Flat
£114K	03/23	0.58 mi	Flat 39, Churchill Court, Rush Grove Street, London, Greater London SE18 5DN	-	-	2	Flat
£220K	01/21	0.61 mi	Flat 211, Maritime House, Greens End, London, Greater London SE18 6HB	-	-	2	Flat
£300K	04/21	0.63 mi	7a, Heavitree Road, London, Greater London SE18 7RA	£5,094	59	2	Flat
£250K	04/21	0.67 mi	58a, Waverley Road, London, Greater London SE18 7TN	£5,814	43	2	Flat
£265K	02/23	0.68 mi	Flat 4, Fraser House, Kingsman Street, London, Greater London SE18 5RR	-	-	2	Flat
£278K	11/20	0.7 mi	118, Little Heath, London, Greater London SE7 8BJ	£4,484	62	2	Flat
£276K	06/21	0.71 mi	118b, Woodhill, London, Greater London SE18 5JL	£4,600	60	2	Flat
£225K	03/23	0.72 mi	45, Belson Road, London, Greater London SE18 5PU	£3,516	64	2	Flat
£275K	12/20	0.74 mi	16, St Mary Street, London, Greater London SE18 5AL	£3,667	75	2	Flat
£300K	12/20	0.78 mi	13, Invermore Place, London, Greater London SE18 7DJ	£4,000	75	2	Flat
£240K	04/21	0.79 mi	6, Lamport Close, London, Greater London SE18 5PY	£3,934	61	2	Flat
£401.5K	07/23	0.8 mi	146b, Griffin Road, Plumstead, London, Greater London SE18 7QA	£6,373	63	2	Flat
£155K	02/21	0.81 mi	184, Elmley Street, London, Greater London SE18 7NL	£2,039	76	2	Flat
£155K	02/21	0.81 mi	184, Elmley Street, London, Greater London SE18 7NL	£2,039	76	2	Flat
£310K	03/21	0.86 mi	Flat A, 102, Griffin Road, London, Greater London SE18 7QD	-	-	2	Flat
£450K	02/21	0.86 mi	Flat 364, Building 22, Cadogan Road, London, Greater London SE18 6YR	-	-	2	Flat
£417.5K	03/21	0.86 mi	Flat 306, Building 22, Cadogan Road, London, Greater London SE18 6YR	-	-	2	Flat
£390K	09/21	0.86 mi	Flat 103, Building 22, Cadogan Road, London, Greater London SE18 6YS	-	-	2	Flat
£120K	06/23	0.86 mi	Flat 67, Building 22, Cadogan Road, London, Greater London SE18 6YS	-	-	2	Flat
£430K	07/23	0.86 mi	Flat 120, Building 22, Cadogan Road, London, Greater London SE18 6YL	-	-	2	Flat
£700K	11/20	0.88 mi	Apartment 4, Foundry House, Arsenal Way, London, Greater London SE18 6TE	-	-	2	Flat
£252K	11/20	0.89 mi	126, Brewery Road, London, Greater London SE18 1NG	£4,000	63	2	Flat
£420K	10/23	0.9 mi	Flat 96, Building 45, Hopton Road, London, Greater London SE18 6TJ	-	-	2	Flat
£335K	02/23	0.9 mi	Flat 106, Lower Mast House, Mast Quay, London, Greater London SE18 5NF	-	-	2	Flat
£345K	05/23	0.91 mi	41a, Heathwood Gardens, London, Greater London SE7 8ES	-	-	2	Flat
£165K	11/21	0.91 mi	Flat 46, Sovereign House, Europe Road, London, Greater London SE18 5QN	-	-	2	Flat
£307.5K	04/21	0.91 mi	Flat 5, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	-	-	2	Flat
£308K	01/23	0.91 mi	Flat 8, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	-	-	2	Flat
£313K	01/23	0.91 mi	Flat 12, Paddle Steamer House, Pettacre Close, London, Greater London SE28 0PD	£4,639	67	2	Flat
£575K	06/21	0.91 mi	Flat 2, Building 37, Cadogan Road, London, Greater London SE18 6RB	-	-	2	Flat
£560K	11/21	0.94 mi	Flat 57, Building 36, Marlborough Road, London, Greater London SE18 6XD	-	-	2	Flat
£542.5K	07/23	0.95 mi	Flat 168, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£460K	02/23	0.95 mi	Flat 160, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£487.5K	11/20	0.95 mi	Flat 162, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£485K	02/23	0.95 mi	Flat 143, Building 45, Hopton Road, London, Greater London SE18 6TL	-	-	2	Flat
£330K	11/22	0.95 mi	52, Pettacre Close, London, Greater London SE28 0GX	£5,238	63	2	Flat

Local Rents

50 rents from £1.2K/mo to £2.8K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	09/24	0.08 mi	-	2	Flat
£2,100	08/24	0.08 mi	Brookhill Road, London, SE18	2	Flat
£1,195	02/25	0.1 mi	-	2	Flat
£1,750	10/24	0.1 mi	-	2	Flat
£2,200	02/25	0.11 mi	-	2	Flat
£1,680	02/25	0.12 mi	-	2	Flat
£1,650	04/25	0.12 mi	-	2	Flat
£1,650	04/25	0.12 mi	-	2	Flat
£1,650	08/24	0.12 mi	Uplands Close, Woolwich, London SE18	2	Flat
£1,600	08/24	0.13 mi	-	2	Flat
£1,700	08/24	0.14 mi	-	2	Flat
£1,600	08/24	0.14 mi	-	2	Flat
£1,600	08/24	0.14 mi	-	2	Flat
£1,800	11/24	0.14 mi	-	2	Flat
£1,750	08/24	0.15 mi	-	2	Flat
£1,675	08/24	0.15 mi	-	2	Flat
£2,800	08/24	0.17 mi	Brookhill Road, London, SE18	2	Flat
£2,800	08/24	0.17 mi	-	2	Flat
£2,700	12/24	0.17 mi	-	2	Flat
£2,750	12/24	0.17 mi	-	2	Flat
£1,500	12/24	0.18 mi	-	2	Flat
£1,950	12/24	0.19 mi	-	2	Terraced House
£2,200	08/24	0.19 mi	Paget Terrace, London, SE18	2	Terraced House
£1,750	08/24	0.2 mi	Brookhill Mews Brookhill Road SE18	2	Terraced House
£2,100	12/24	0.2 mi	-	2	Flat
£1,800	02/25	0.2 mi	-	2	Flat
£1,900	04/25	0.21 mi	-	2	Flat
£1,850	04/25	0.21 mi	-	2	Flat
£2,150	10/24	0.22 mi	-	2	Terraced House
£2,150	09/24	0.22 mi	-	2	Terraced House
£2,150	08/24	0.22 mi	Bignell Road, Woolwich, London, SE18	2	Terraced House
£1,250	11/24	0.23 mi	-	2	Flat
£1,450	08/24	0.24 mi	Barnfield Road, Plumstead, London SE18	2	Flat
£1,700	04/25	0.24 mi	-	2	Flat
£2,800	10/24	0.25 mi	-	2	Flat
£1,750	02/25	0.26 mi	-	2	Flat
£1,650	03/25	0.26 mi	-	2	Flat
£1,800	08/24	0.26 mi	Sandy Hill Road, London, SE18	2	Flat
£1,600	08/24	0.26 mi	Eglinton Hill, Plumstead, London SE18	2	Flat
£2,200	08/24	0.26 mi	AUSTWICK COURT, Woolwich, LONDON, SE18	2	Flat
£2,500	08/24	0.27 mi	-	2	House
£1,600	03/25	0.27 mi	-	2	Flat
£1,850	08/24	0.28 mi	-	2	Flat
£1,850	08/24	0.28 mi	Schoolhouse Yard, London, SE18	2	Flat
£1,650	08/24	0.28 mi	Schoolhouse Yard, Woolwich, SE18 7JD	2	Flat
£2,350	08/24	0.28 mi	Brumwell Avenue London SE18	2	Flat
£2,350	08/24	0.28 mi	Brumwell Avenue London SE18	2	Flat
£2,450	08/24	0.28 mi	Brumwell Avenue, SE18	2	Flat
£2,400	08/24	0.28 mi	Brumwell Avenue, SE18	2	Flat
£2,350	09/24	0.28 mi	Brumwell Avenue London SE18	2	Flat

Local Area Statistics

Population in SE18	75,84075,840
Population in London	4,771,9214,771,921
Town centre distance	8.03 miles away8.03 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.59 miles away0.59 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-8%-8%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Price changed to £235,000

January 27, 2025

Listed for £250,000

October 16, 2024

Floor Plans

Description

Far Reaching Views +
Two Bedrooms +
Perfect Investment Opportunity +
Living Room with an Additional Area +
Long Lease +
Lift & Stair Access to All Floors +
Close to Bus Routes +
Accessible to Woolwich Town Centre +

CASH BUYERS ONLY. GUIDE PRICE £235,000 TO £250,000.
This spacious flat is situated on the 14th floor. Internally the property is clean and tidily presented. Due to its height it has some incredible views of not only the local area but towards the capital and its iconic skyline.

Inside there are two double bedrooms, a living room with an additional space that affords those spectacular views, a kitchen, and a shower room/WC. With both lift and stair access to all floors, convenience is key in this well-maintained home.

Situated in Woolwich, SE18, this property is within reach of Woolwich Town Centre where there are a host of high street brands and supermarkets. According to Google Maps, both the centre and Woolwich Arsenal rail and DLR station are just a 14 minute walk away. Woolwich Elizabeth Line at an additional 3 minutes further has regular services into Docklands, The City, West End and Heathrow Airport. , local shops, bus routes, and Woolwich Common.

Adjacent to Nightingale Vale are several bus services to neighbouring areas.

For open spaces the greenery of Woolwich Common is just a few minutes’ walk away.

And for local shops the property is well positioned too with nearby Plumstead Common Road having a choice of convenience stores, takeaways etc.

If you're a cash buyer and you are in the market for a clean and neatly presented flat with striking views, easy accessibility, and proximity to amenities, this property is a must-see.

Agent Details

Felicity J Lord, Blackheath Standard

020 3834 7881

Next Steps?

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

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