4 Bed Semi-Detached House, Refurb/BRRR, London, SE22 8RL, £1,425,000

Ashbourne Grove, East Dulwich, London, SE22 8RL - 3 views - 6 months ago

Refurb/BRRR
~129 m²
+6 photos

ValuationOvervalued

Sold Prices£695K - £1.9M
Sold Prices/m²£6.3K/m² - £12.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£11K/m²

Value Estimate

£1,077,143

 

 

End Value (After Refurb)

£1,300,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£356,250

Stamp Duty & Legal Fees

£137,450

Refurb Costs

£68,319

Bridging Loan Interest

£37,406

Total Cash In

£601,175

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,300,000

Mortgage (After Refinance)

£975,000

Mortgage LTV

75%

Cash Left In

£601,175

Equity

£325,000

Rent Range

£2,200 - £5,500

Rent Estimate

£3,549

Running Costs/mo

£4,792

Cashflow/mo

£-1,243

Cashflow/yr

£-14,920

Gross Yield

3%

Local Sold Prices

50 sold prices from £695K to £1.9M, average is £1.1M. £6.3K/m² to £12.7K/m², average is £9.1K/m².

PriceDateDistanceAddressBeds 
£1.2M01/210.06 mi4, Nutfield Road, London, Greater London SE22 9DG4
£1.3M08/210.08 mi37, Chesterfield Grove, London, Greater London SE22 8RP4
£1.2M05/210.09 mi8, Chesterfield Grove, London, Greater London SE22 8RW4
£1.1M05/210.12 mi5, Zenoria Street, London, Greater London SE22 8HP4
£1.0M03/210.13 mi20, Shawbury Road, London, Greater London SE22 9DH4
£1.0M06/230.13 mi13, Crawthew Grove, London, Greater London SE22 9AA4
£1.3M02/230.15 mi82a, Melbourne Grove, London, Greater London SE22 8QY4
£957.5K11/200.15 mi37, Worlingham Road, London, Greater London SE22 9HD4
£1.4M09/220.16 mi17, Lacon Road, London, Greater London SE22 9HE4
£1.1M12/220.16 mi16, Hansler Road, East Dulwich, London, Greater London SE22 9DJ4
£1.3M11/200.17 mi5, Derwent Grove, London, Greater London SE22 8DZ4
£1.3M03/210.18 mi2, Derwent Grove, London, Greater London SE22 8EA4
£1.3M03/210.18 mi21, Glengarry Road, London, Greater London SE22 8PZ4
£1.5M09/220.19 mi80, Crystal Palace Road, London, Greater London SE22 9EY4
£915K12/200.19 mi21, Bawdale Road, London, Greater London SE22 9DL4
£1.2M12/200.19 mi5, Fellbrigg Road, London, Greater London SE22 9HQ4
£1.0M11/220.2 mi10, Bawdale Road, East Dulwich, London, Greater London SE22 9DN4
£1.0M08/210.21 mi50, Ulverscroft Road, London, Greater London SE22 9HG4
£1.2M09/210.23 mi46, Whateley Road, London, Greater London SE22 9DD4
£840K11/200.24 mi35, Trossachs Road, London, Greater London SE22 8PY4
£835K07/230.24 mi79, Grove Vale, London, Greater London SE22 8EQ4
£1.1M10/210.25 mi8, Darrell Road, London, Greater London SE22 9NL4
£910.8K02/210.26 mi35, Ondine Road, London, Greater London SE15 4ED4
£695K11/200.26 mi43a, Ondine Road, London, Greater London SE15 4ED4
£885K05/210.27 mi4, Colwell Road, London, Greater London SE22 8QP4
£1.1M05/230.27 mi3, Colwell Road, London, Greater London SE22 8QP4
£1.1M03/210.27 mi47, Tyrrell Road, London, Greater London SE22 9NE4
£1.4M11/220.27 mi28, Ondine Road, London, Greater London SE15 4EB4
£986K12/200.3 mi68, Silvester Road, London, Greater London SE22 9PF4
£1.3M08/230.3 mi10, Everthorpe Road, London, Greater London SE15 4DA4
£1.1M12/200.31 mi65, Hindmans Road, London, Greater London SE22 9NQ4
£1.3M11/200.32 mi69, Pellatt Road, London, Greater London SE22 9JB4
£1.1M05/230.32 mi27, Ferris Road, London, Greater London SE22 9ND4
£1.2M06/230.33 mi206, Crystal Palace Road, London, Greater London SE22 9EL4
£1.3M06/230.33 mi8, Marsden Road, London, Greater London SE15 4EE4
£1.2M12/200.34 mi39, Pellatt Road, London, Greater London SE22 9JA4
£925K01/230.34 mi55, Rodwell Road, London, Greater London SE22 9LE4
£1.0M02/210.34 mi70, Rodwell Road, London, Greater London SE22 9LE4
£1.1M09/210.34 mi50, Landcroft Road, London, Greater London SE22 9LD4
£925K11/220.36 mi92, Abbotswood Road, London, Greater London SE22 8DN4
£1.2M01/220.37 mi11, Muschamp Road, London, Greater London SE15 4EG4
£1.3M01/210.39 mi238, Crystal Palace Road, London, Greater London SE22 9JQ4
£1.3M10/200.4 mi90, Oglander Road, London, Greater London SE15 4EN4
£810K03/230.4 mi31, Henslowe Road, London, Greater London SE22 0AP4
£1.2M06/210.4 mi76, Oglander Road, London, Greater London SE15 4EN4
£980K10/220.41 mi15, Adys Road, London, Greater London SE15 4DX4
£1.1M09/210.41 mi53, Adys Road, London, Greater London SE15 4DX4
£1.9M12/200.41 mi14, Townley Road, London, Greater London SE22 8SR4
£1.8M12/220.42 mi158, Peckham Rye, London, Greater London SE22 9QH4
£1.4M03/210.42 mi14, Beauval Road, London, Greater London SE22 8UQ4

Local Rents

50 rents from £2.2K/mo to £5.5K/mo, average is £3.3K/mo.

RentDateDistanceAddressBeds 
£3,15010/230.07 miFrogley Road, East Dulwich, London, SE224
£2,20008/240.08 miLordship Lane London SE223
£3,80008/240.09 miNutfield Road, London, SE224
£3,50008/240.09 miEast Dulwich Grove, East Dulwich4
£2,50004/250.1 mi-3
£2,50002/250.1 mi-3
£2,35011/240.15 mi-3
£4,75008/240.18 mi-3
£4,75008/240.18 mi-3
£2,75008/240.19 miBlackwater Street, East Dulwich, London, SE223
£3,20008/240.19 miBlackwater Street East Dulwich SE224
£3,40008/240.21 miUlverscroft Road East Dulwich SE224
£4,20008/240.22 miEast Dulwich Grove, London5
£4,20008/240.23 miEast Dulwich Grove, London6
£3,75008/240.23 miGlengarry Road, London, SE225
£4,10009/240.24 mi-4
£4,10008/240.24 miPlayfield Crescent, London, SE224
£2,90008/240.24 miOndine Rd, London, SE153
£2,90008/240.24 mi-3
£2,60008/240.25 miGrove Vale, East Dulwich, SE223
£5,50002/240.25 mi-4
£3,00008/240.26 miHolmes Close, East Dulwich, London, SE223
£3,00008/240.26 miUlverscroft Road, London3
£2,85003/250.27 mi-4
£3,10009/240.28 mi-3
£4,50008/240.28 miCopleston Road, East Dulwich5
£3,50008/240.29 miHindmans Road, East Dulwich3
£4,25008/240.3 miPellatt Road, East Dulwich, London, SE224
£4,25008/240.3 miFeatherstone Mews, East Dulwich4
£4,50008/240.3 miCopleston Road, Peckham, London, SE155
£2,30008/240.32 miLordship Lane, London, SE223
£2,90008/240.32 miFerris Road, East Dulwich, London, SE223
£2,35008/240.32 miSt. Francis Road Dulwich SE223
£4,30008/240.32 mi-4
£2,60008/240.33 miAbbotswood Road, East Dulwich, London, SE223
£3,00008/240.33 miHayes Grove, London, SE228DF3
£3,00002/250.33 mi-3
£3,15009/240.33 mi-3
£2,40010/230.34 miBuxted Road, London, SE223
£5,00008/240.34 miSolway Road, East Dulwich, SE225
£3,20001/250.34 mi-3
£2,95008/240.35 mi-3
£2,85008/240.36 miBarry Road, East Dulwich, SE223
£4,75008/240.37 miKeston Road6
£3,70008/240.37 miHeber Road London SE224
£4,20008/240.37 miMuschamp Road Peckham SE154
£4,75008/240.38 miAdys Road, East Dulwich4
£3,30008/240.39 miLordship Lane, East Dulwich, SE223
£3,30008/240.39 miMyn House, Lordship Lane, SE223
£3,30008/240.39 miLordship Lane, East Dulwich3

Local Area Statistics

Population in SE22

29,687

Population in London

4,771,921

Town centre distance

4.97 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Price changed to £1,425,000

January 19, 2025

Listed for £1,500,000

October 29, 2024

Sold for £680,000

2011

Floor Plans

Description

  • Four double bedrooms +
  • Off-street parking +
  • Large, mature garden +
  • Potential to extend (STPP) +
  • Gentle modernisation required in places +
  • Desirable, residential road +

Guide Price: £1,500,000-£1,550,000.
CHAIN FREE – Charming, spacious and beautifully extended bright semi-detached family house on this desirable, residential road ideally located in the heart of East Dulwich.

Ashbourne Grove is enviably-located for the independent shops, bars, restaurants and coffee shops of Lordship Lane, North Cross Road and Bellenden Road – as well as the excellent local primary, secondary and independent schools nearby. There are a host of parks and green spaces nearby including Dulwich Park, Goose Green and Peckham Rye. There are strong transport links into The City and West End from East Dulwich station (0.5 miles) and Peckham Rye station (1.1 miles) as well as bus/cycle routes through the neighbouring Dulwich Village, Herne Hill and Denmark Hill.

Boasting over 1,540 Sq Ft of internal space; there is a characterful 25-ft bay-fronted double reception room as well as a 28-ft kitchen-breakfast room that leads out onto the sumptuous 47-ft mature garden and a substantial side-return – ideal for a single-storey side extension. Upstairs there are four comfortable bedrooms including the 16-ft principal room and a larger-than-average family bathroom with separate bath and stand-up shower.

Gentle modernisation is required throughout. But with huge potential to loft-extend, kitchen extend and re-model – this is a rare opportunity to put your own stamp on a large family house on one of the most sought-after roads in SE22. Early viewing recommended.

EPC: E | Council Tax Band: F

Agent Details

Pedder, East Dulwich

020 3889 1517

Next Steps?

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