5 Bed Terraced House, Refurb/BRRR, London, SW9 6TQ, £1,500,000

Burton Road, London, SW9 6TQ - 5 views - 6 months ago

Under Offer

Refurb/BRRR

~178 m²

+11 photos

ValuationOvervalued

Sold Prices	£850K - £3.3M
Sold Prices/m²	£4.3K/m² - £17.6K/m²

Square Metres	~178.28 m²
Price/m²	£8.4K/m²
Value Estimate	£1,297,207£1,297,207

End Value (After Refurb)	£1,317,773£1,317,773

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£375,000£375,000
Stamp Duty & Legal Fees	£137,450£137,450
Refurb Costs	£94,803£94,803
Bridging Loan Interest	£39,375£39,375
Total Cash In	£648,378£648,378

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,317,773£1,317,773
Mortgage (After Refinance)	£988,330£988,330
Mortgage LTV	75%75%
Cash Left In	£648,378£648,378
Equity	£329,443£329,443
Rent Range	£800 - £5,499£800 - £5,499
Rent Estimate	£3,349
Running Costs/mo	£4,808£4,808
Cashflow/mo	£-1,459£-1,459
Cashflow/yr	£-17,506£-17,506
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £850K to £3.3M, average is £1.3M. £4.3K/m² to £17.6K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.3M	03/21	0.05 mi	5, Cormont Road, London, Greater London SE5 9RA	£7,647	170	5	Semi-Detached House
£1.5M	01/22	0.05 mi	2, Cormont Road, London, Greater London SE5 9RA	£8,197	183	5	Semi-Detached House
£910K	12/20	0.34 mi	12, Russell Grove, London, Greater London SW9 6HS	£5,987	152	5	Terraced House
£1.2M	01/23	0.39 mi	16, County Grove, London, Greater London SE5 9LE	£7,239	163	5	Terraced House
£2.4M	02/21	0.47 mi	52, Stockwell Park Road, London, Greater London SW9 0DA	£9,855	241	5	Semi-Detached House
£1.9M	10/23	0.47 mi	70, Stockwell Park Road, London, Greater London SW9 0DA	-	-	5	Semi-Detached House
£2.4M	12/22	0.51 mi	21, Stockwell Park Crescent, London, Greater London SW9 0DQ	£13,624	178	5	Terraced House
£1.8M	03/21	0.52 mi	50, Durand Gardens, London, Greater London SW9 0PP	-	-	5	Detached House
£1.9M	05/22	0.53 mi	20, Stockwell Park Crescent, London, Greater London SW9 0DE	-	-	5	Semi-Detached House
£1.1M	11/20	0.53 mi	49, Coldharbour Lane, London, Greater London SE5 9NR	£6,656	163	5	Semi-Detached House
£1.4M	12/20	0.55 mi	12, Moat Place, London, Greater London SW9 0TA	-	-	5	Detached House
£1.7M	01/24	0.6 mi	15, St Michaels Road, London, Greater London SW9 0SN	£7,934	213	5	Semi-Detached House
£1.6M	11/20	0.61 mi	153, Clapham Road, London, Greater London SW9 0PU	£6,828	227	5	Terraced House
£1.2M	07/23	0.65 mi	23, Bicknell Road, London, Greater London SE5 9AU	-	-	5	Terraced House
£1.6M	06/21	0.66 mi	246, Clapham Road, London, Greater London SW9 0PZ	£7,628	215	5	Semi-Detached House
£1.6M	06/21	0.67 mi	246, Clapham Road, London, Greater London SW9 0PZ	£7,628	215	5	Semi-Detached House
£1.6M	09/23	0.67 mi	44, Stansfield Road, London, Greater London SW9 9RZ	£7,593	214	5	Terraced House
£1.1M	07/23	0.67 mi	8, Stansfield Road, London, Greater London SW9 9RZ	£6,772	158	5	Terraced House
£2.5M	09/22	0.67 mi	8, Love Walk, London, Greater London SE5 8AD	-	-	5	Detached House
£1.6M	02/23	0.7 mi	7, Stockwell Terrace, London, Greater London SW9 0QD	-	-	5	Terraced House
£3.3M	09/21	0.71 mi	15, Albert Square, London, Greater London SW8 1BS	-	-	5	Detached House
£1.3M	06/21	0.71 mi	67, Dalyell Road, London, Greater London SW9 9SA	£13,109	96	5	Terraced House
£1.9M	01/21	0.72 mi	46, Grove Lane, London, Greater London SE5 8ST	£8,477	220	5	Terraced House
£850K	10/22	0.72 mi	26, Dalyell Road, London, Greater London SW9 9QR	£10,000	85	5	Terraced House
£3.3M	09/21	0.73 mi	15, Albert Square, London, Greater London SW8 1BS	-	-	5	Terraced House
£1.3M	07/23	0.76 mi	35, Nealden Street, London, Greater London SW9 9RA	£8,553	152	5	Terraced House
£1.3M	09/22	0.76 mi	28, Combermere Road, London, Greater London SW9 9RE	£8,269	156	5	Terraced House
£967.5K	01/23	0.77 mi	111, John Ruskin Street, London, Greater London SE5 0PQ	£6,627	146	5	Terraced House
£860K	04/21	0.79 mi	284, South Lambeth Road, London, Greater London SW8 1UJ	£7,107	121	5	Terraced House
£1.3M	01/21	0.79 mi	99, Hargwyne Street, London, Greater London SW9 9RH	£12,136	103	5	Terraced House
£1.2M	03/23	0.81 mi	41, Hargwyne Street, London, Greater London SW9 9RQ	£9,381	131	5	Detached House
£1.2M	07/21	0.81 mi	25, Kimberley Road, London, Greater London SW9 9DQ	£11,092	110	5	Terraced House
£1.0M	12/23	0.81 mi	18, Pulross Road, London, Greater London SW9 8AF	£7,687	134	5	Terraced House
£975K	05/21	0.81 mi	18, Pulross Road, London, Greater London SW9 8AF	£7,276	134	5	Semi-Detached House
£1.4M	10/20	0.83 mi	58, Ferndene Road, London, Greater London SE24 0AB	£7,156	200	5	Semi-Detached House
£920K	05/21	0.84 mi	21, Tradescant Road, London, Greater London SW8 1XD	£6,667	138	5	Terraced House
£1.1M	08/21	0.84 mi	25, Tradescant Road, London, Greater London SW8 1XD	£7,534	146	5	Terraced House
£2.5M	04/22	0.85 mi	26, Ferndene Road, London, Greater London SE24 0AB	£17,646	140	5	Semi-Detached House
£1.5M	07/21	0.85 mi	157, Denmark Hill, London, Greater London SE5 8EH	-	-	5	Semi-Detached House
£950K	01/21	0.85 mi	155a, Denmark Hill, London, Greater London SE5 8EH	£4,279	222	5	Semi-Detached House
£1.5M	07/21	0.85 mi	157, Denmark Hill, London, Greater London SE5 8EH	-	-	5	Semi-Detached House
£1.4M	01/22	0.86 mi	3, Deepdene Road, London, Greater London SE5 8EG	£6,770	209	5	Semi-Detached House
£1.5M	08/23	0.86 mi	3, Walberswick Street, London, Greater London SW8 1XF	-	-	5	Terraced House
£956K	12/22	0.86 mi	19, Tradescant Road, London, Greater London SW8 1XD	-	-	5	Terraced House
£1.6M	11/21	0.87 mi	139, Herne Hill Road, London, Greater London SE24 0AD	-	-	5	Semi-Detached House
£955K	02/23	0.87 mi	61, Mervan Road, London, Greater London SW2 1DR	-	-	5	Terraced House
£930K	03/23	0.88 mi	2, Rhodesia Road, London, Greater London SW9 9EL	-	-	5	Terraced House
£1.0M	11/23	0.89 mi	157, Hubert Grove, London, Greater London SW9 9NZ	£9,011	114	5	Terraced House
£987.5K	09/22	0.9 mi	102, Hubert Grove, London, Greater London SW9 9PD	-	-	5	Terraced House
£1.3M	04/23	0.9 mi	165, Grove Lane, London, Greater London SE5 8BG	£7,758	165	5	Detached House

Local Rents

50 rents from £800/mo to £5.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,995	01/25	0.06 mi	-	4	Flat
£2,995	01/25	0.06 mi	-	4	Flat
£2,350	12/24	0.09 mi	-	3	Flat
£2,999	08/24	0.09 mi	Lilford Road, Brixton	3	Flat
£4,500	11/24	0.11 mi	-	4	Flat
£3,500	01/25	0.12 mi	-	3	Terraced House
£2,500	03/25	0.12 mi	-	3	Flat
£800	04/25	0.12 mi	-	3	Flat
£3,000	09/24	0.13 mi	Lord Holland Lane, Myatts Fields South, London, SW9	4	Flat
£2,850	04/25	0.13 mi	-	4	Terraced House
£3,700	02/24	0.13 mi	-	4	Flat
£3,700	08/24	0.13 mi	Templar Street, London, SE5	4	Flat
£3,200	12/24	0.14 mi	-	3	Semi-Detached House
£2,750	09/24	0.16 mi	-	4	Terraced House
£2,947	12/24	0.16 mi	Paulet Road, Se5	3	Flat
£3,650	08/24	0.16 mi	Paulet Road Camberwell, SE5	4	Flat
£3,750	02/25	0.16 mi	-	5	Flat
£2,350	12/24	0.2 mi	-	3	Flat
£2,750	12/24	0.21 mi	Paulet Road Camberwell SE5	4	Flat
£3,200	03/25	0.22 mi	-	3	Flat
£2,400	08/24	0.23 mi	A, 65A Paulet Road, London	3	Flat
£3,500	02/25	0.25 mi	-	4	Flat
£2,700	04/25	0.25 mi	-	4	Flat
£4,000	08/24	0.25 mi	-	3	House
£2,100	02/24	0.25 mi	-	3	Flat
£2,500	12/24	0.25 mi	-	3	Flat
£2,300	09/24	0.26 mi	Rupert Gardens, London, SW9	3	Flat
£4,500	12/24	0.26 mi	Calais Street, London, SE5	4	Terraced House
£2,800	01/25	0.29 mi	-	3	Flat
£2,400	08/24	0.29 mi	Flaxman Road Camberwell SE5	3	Flat
£4,200	12/24	0.3 mi	-	4	Terraced House
£4,100	03/25	0.3 mi	-	4	Terraced House
£4,100	03/25	0.3 mi	-	4	Terraced House
£2,400	08/24	0.31 mi	-	3	House
£2,700	02/25	0.33 mi	-	3	Flat
£3,250	08/24	0.33 mi	Flaxman Road, Camberwell, SE5	4	Flat
£3,200	02/25	0.34 mi	-	3	Terraced House
£3,134	04/25	0.34 mi	-	4	Terraced House
£2,900	02/25	0.34 mi	-	3	Flat
£2,600	08/24	0.35 mi	Lilford Road, London SE5	4	Flat
£3,360	12/24	0.35 mi	-	3	Terraced House
£2,700	11/24	0.36 mi	-	3	Flat
£3,000	04/25	0.36 mi	-	4	Semi-Detached House
£2,300	09/24	0.36 mi	-	3	Flat
£3,000	04/25	0.37 mi	-	4	Flat
£3,199	12/24	0.37 mi	-	4	Flat
£3,150	12/24	0.37 mi	-	3	Flat
£3,150	12/24	0.37 mi	-	3	Flat
£5,499	08/24	0.37 mi	Lowth Road, London, SE5	5	Flat
£4,983	12/24	0.37 mi	Lowth Road, London, SE5	5	Flat

Local Area Statistics

Population in SW9	42,06742,067
Population in London	4,771,9214,771,921
Town centre distance	3.88 miles away3.88 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+0%+0%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £1,500,000

October 24, 2024

Floor Plans

Description

Freehold +
South Facing Garden +
Five/Six Bedrooms +
In Excess of 2,300 Sq Ft +
Close to Myatts Field Park +
In Need of Modernisation +

A substantial Victorian house with lots of character and enormous potential offering expansive family accommodation in excess of 2300 sq ft.

Set on one of the area’s most popular residential streets and arranged over four floors, benefitting from grand proportions with a great sense of natural light and space throughout. With family accommodation comprising of three reception rooms and a separate kitchen diner on the lower floors leading to a private south facing garden. The upper floors offer four double bedrooms, one with an additional mezzanine floor. In need of modernisation throughout offering a fantastic opportunity to create a a wonderful family home.

Located just moments away from the beautiful Myatt's Field Park, this property is perfect for those who enjoy being surrounded by greenery and nature. The park offers a range of activities, including a playground, sports facilities, a well-loved cafe (Little Cat Cafe) and numerous summer events making it an ideal place to spend time with friends and family.
Central Brixton is within easy walking distance with masses of trendy sought-after bars and restaurants to choose from.
Burton Road is a short walk from both Brixton, Stockwell, and Oval Underground stations, offering convenient access to both the Victoria and Northern Lines. Nearby Loughborough Junction Station offers a prompt 9 minute journey into Central London.

Agent Details

Marsh & Parsons, Kennington

020 7587 1533

Next Steps?

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

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