2 Bed Flat, Single Let, London, SE22 8SA, £425,000

Melbourne Grove, East Dulwich, London, SE22 8SA - 1 views - 6 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£345K - £905K
Sold Prices/m²£3.2K/m² - £11.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£518,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,750 - £4,989

Rent Estimate

£1,800

Running Costs/mo

£1,708

Cashflow/mo

£92

Cashflow/yr

£1,103

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £345K to £905K, average is £537.5K. £3.2K/m² to £11.2K/m², average is £8.5K/m².

PriceDateDistanceAddressBeds 
£530K12/200.06 miGround Floor Flat, 37, Colwell Road, London, Greater London SE22 8QP2
£550K06/210.13 mi12b, Tarbert Road, London, Greater London SE22 8QB2
£675K11/200.13 mi84a, Melbourne Grove, London, Greater London SE22 8QY2
£645K05/210.18 miGround Floor Flat, 17, Trossachs Road, London, Greater London SE22 8PY2
£479K03/210.2 mi103a, East Dulwich Grove, London, Greater London SE22 8PU2
£395K10/210.2 mi127b, East Dulwich Grove, East Dulwich, London, Greater London SE22 8PU2
£425K01/230.24 mi1c, Heber Road, East Dulwich, London, Greater London SE22 9JZ2
£440K03/210.26 miFirst Floor Flat, 246, Lordship Lane, London, Greater London SE22 8LT2
£600K02/230.26 mi12b, Rodwell Road, London, Greater London SE22 9LF2
£508K01/210.27 miGround Floor Flat, 186, Crystal Palace Road, London, Greater London SE22 9EP2
£577K04/210.28 mi6a, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£400K05/230.28 mi10, North Cross Road, East Dulwich, London, Greater London SE22 9EU2
£680K08/210.33 mi36, Thompson Road, London, Greater London SE22 9JR2
£573K02/230.33 mi313a, Lordship Lane, London, Greater London SE22 8JH2
£460K01/210.33 mi146b, Landcroft Road, East Dulwich, London, Greater London SE22 9JW2
£575K03/230.34 mi49c, Darrell Road, London, Greater London SE22 9NJ2
£565K06/210.34 mi49a, Darrell Road, London, Greater London SE22 9NJ2
£610K09/210.35 mi259, Crystal Palace Road, London, Greater London SE22 9JH2
£505K06/210.35 mi278c, Crystal Palace Road, London, Greater London SE22 9JH2
£615K01/210.35 miGround Floor Flat, 271, Crystal Palace Road, London, Greater London SE22 9JH2
£687.5K07/230.37 mi8a, Worlingham Road, London, Greater London SE22 9HD2
£622.5K06/210.37 mi49, Worlingham Road, London, Greater London SE22 9HD2
£387K03/230.37 mi326b - 326c, Crystal Palace Road, London, Greater London SE22 9JJ2
£515K02/230.37 mi146b, Landcroft Road, East Dulwich, London, Greater London SE22 9JW2
£587.5K05/210.39 mi26a, Crystal Palace Road, London, Greater London SE22 9HB2
£420K05/210.41 mi122, Barry Road, London, Greater London SE22 0HP2
£425K06/230.42 miFlat B, 48, Barry Road, London, Greater London SE22 0HP2
£415K06/230.44 mi14, Besant Place, London, Greater London SE22 8DA2
£410K02/230.46 miFlat 11, Claude Monet Court, Underhill Road, London, Greater London SE22 0BZ2
£345K01/230.47 miGround Floor Flat, 51, Oakhurst Grove, London, Greater London SE22 9AH2
£642K06/210.47 mi134a, Friern Road, London, Greater London SE22 0AY2
£667.5K06/210.47 mi27a, Ondine Road, London, Greater London SE15 4ED2
£412.5K02/230.48 mi66, Hayes Grove, London, Greater London SE22 8DF2
£450K03/230.48 mi16, Hayes Grove, London, Greater London SE22 8DF2
£460K04/210.49 miSecond Floor Flat At, 27, Oakhurst Grove, London, Greater London SE22 9AH2
£585K12/200.5 mi97, Sunray Avenue, London, Greater London SE24 9PT2
£545K06/210.5 mi108a, Copleston Road, London, Greater London SE15 4AF2
£430K02/230.5 mi104a, Oglander Road, London, Greater London SE15 4DB2
£550K06/230.52 mi273b, Underhill Road, London, Greater London SE22 0PA2
£645K06/210.52 mi218, Friern Road, London, Greater London SE22 0BB2
£453.2K02/210.53 miGround Floor Flat, 61, Upland Road, London, Greater London SE22 0DA2
£450K03/210.53 mi8, Dylways, London, Greater London SE5 8HR2
£640K11/200.53 mi8, Oxenford Street, London, Greater London SE15 4DE2
£905K12/200.54 mi35a, Ardbeg Road, London, Greater London SE24 9JL2
£800K01/210.55 mi39a, Ardbeg Road, London, Greater London SE24 9JL2
£375K01/210.55 mi91a, Goodrich Road, London, Greater London SE22 0EP2
£678.8K01/230.57 mi49c, Beckwith Road, London, Greater London SE24 9LQ2
£530K11/200.59 mi95a, Copleston Road, London, Greater London SE15 4AH2
£528K01/210.59 mi54b, Keston Road, London, Greater London SE15 4JB2
£600K11/200.59 mi50b, Adys Road, London, Greater London SE15 4DZ2

Local Rents

49 rents from £1.8K/mo to £5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,65008/240.03 miDog Kennel Hill East Dulwich London SE222
£2,70009/240.03 miDog Kennel Hill East Dulwich London SE222
£2,60010/240.04 mi-2
£1,75001/250.07 mi-2
£1,80008/240.09 miBassano Street, SE222
£1,80008/240.09 miLordship Lane, East Dulwich, London, SE222
£2,99008/240.1 miMelbourne Grove, East Dulwich2
£2,30010/240.13 mi-2
£1,90008/240.15 miLordship Lane, SE222
£2,50008/240.16 miLordship Lane East Dulwich SE222
£2,20008/240.16 miLordship Lane Dulwich SE222
£2,50008/240.16 miLordship Lane, London, SE222
£2,20008/240.16 mi110 Lordship Lane, London, SE222
£2,20008/240.17 miHansler Road East Dulwich SE222
£1,85004/250.19 mi-2
£2,80008/240.21 miLordship Lane, East Dulwich, London, SE222
£2,80008/240.21 miMyn House, 263 Lordship Lane, East Dulwich, SE222
£2,80008/240.21 miLordship Lane, East Dulwich2
£2,80008/240.21 miLordship Lane, SE222
£2,45008/240.21 miEast Dulwich Grove, London, SE222
£2,00008/240.23 miLordship Lane, East Dulwich, London, SE222
£2,25010/230.23 miWhateley Road2
£2,70008/240.24 miMatham Grove, London, SE222
£2,70008/240.24 mi-2
£2,38009/240.24 mi-2
£2,38008/240.24 miPellatt Road, London, SE222
£1,80008/240.26 miLordship Lane, East Dulwich, London, SE222
£2,35008/240.26 miLordship Lane, East Dulwich2
£2,10009/240.26 mi-2
£2,10008/240.26 miHeber Road, London, SE222
£2,10009/240.26 miHeber Road, London, SE222
£2,35008/240.26 mi240 Lordship Lane, London, SE222
£2,35008/240.26 mi240 Lordship Lane, London, SE222
£2,00008/240.28 mi-2
£2,10008/240.28 miJennings Road2
£2,90008/240.29 mi-2
£2,90009/240.29 mi-2
£2,50003/250.29 mi-2
£2,40008/240.29 miMelbourne Grove, London, SE222
£2,50008/240.3 miElsie Road, East Dulwich, London, SE222
£4,98908/240.3 mi-2
£3,89703/250.3 mi-2
£2,10009/240.3 mi-2
£2,00008/240.3 miLordship Lane, East Dulwich, SE222
£2,10003/250.3 mi-2
£2,50008/240.31 miSilvester Road, East Dulwich, London, SE222
£2,45002/240.32 mi-2
£1,95008/240.32 mi-2
£2,20010/240.32 mi-2

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

5.13 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £425,000

October 18, 2024

Floor Plans

Description

  • Fantastic 2 bedroom flat set on the second floor +
  • Charming reception room with dining space +
  • Modern kitchen with fitted appliances +
  • 2 well-proportioned bedrooms +
  • Smart family shower room +
  • Finished to a great standard throughout +
  • Moments from a range of amenities and transport links +

Set in a fantastic location, this lovely 2 bedroom flat is on the second floor, offering comfortable and spacious accommodation throughout including a bright reception room and 2 bedrooms.

Melbourne Grove is a quiet residential road just moments away from the many shops, restaurants and pubs of Lordship Lane, with fast and frequent trains to London Bridge from nearby East Dulwich station.

Please use the reference CHPK0683969 when contacting Foxtons.

Agent Details

Foxtons, Dulwich

020 3909 8985

Next Steps?

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