2 Bed Flat, Single Let, London, SE13 7UB £375,000

Overcliff Road, Ladywell, SE13 7UB - a year ago

Leasehold

BTL

ROI: 1%

~58 m²

ValuationUndervalued

Sold Prices	£255K - £840K
Sold Prices/m²	£4.8K/m² - £11.5K/m²

Square Metres	~58.40 m²
Price/m²	£6.4K/m²
Value Estimate	£389,333£389,333
BMV	4%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£122,450£122,450

Cash Out
Rent Range	£1,600 - £4,200£1,600 - £4,200
Rent Estimate	£1,630
Running Costs/mo	£1,518£1,518
Cashflow/mo	£112£112
Cashflow/yr	£1,346£1,346
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £255K to £840K, average is £460K. £4.8K/m² to £11.5K/m², average is £6.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£547K	09/23	0.07 mi	First Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU	£8,547	64	2	Flat
£445.4K	01/23	0.1 mi	133a, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£840K	11/24	0.11 mi	2, Halesworth Road, London, Greater London SE13 7TN	£5,874	143	2	Flat
£600K	10/23	0.11 mi	Ground Floor Flat, 16, Halesworth Road, London, Greater London SE13 7TN	£11,538	52	2	Flat
£450K	10/22	0.11 mi	67, Second Floor Flat, Tyrwhitt Road, London SE4 1QE	-	-	2	Flat
£455K	01/23	0.14 mi	82c, Tyrwhitt Road, London, Greater London SE4 1QB	-	-	2	Flat
£610K	03/25	0.17 mi	23a, Tyrwhitt Road, London SE4 1QD	£9,385	65	2	Flat
£415.1K	06/21	0.18 mi	46d, Tyrwhitt Road, London, Greater London SE4 1QG	£5,535	75	2	Flat
£460K	05/25	0.19 mi	Flat 3, 4, Hilly Fields Crescent, Ladywell, London SE4 1QA	£7,931	58	2	Flat
£460K	05/25	0.19 mi	Flat 3, 4, Hilly Fields Crescent, Ladywell, London SE4 1QA	-	-	2	Flat
£450K	06/25	0.2 mi	41, Loampit Hill, Lewisham, London SE13 7SZ	-	-	2	Flat
£635K	12/24	0.21 mi	14, First Floor Flat, Tressillian Crescent, London SE4 1QJ	£7,938	80	2	Flat
£615K	12/21	0.22 mi	11a, Tressillian Road, London, Greater London SE4 1YG	£6,029	102	2	Flat
£687.5K	04/25	0.24 mi	Ground Floor Flat, 55, Tressillian Road, London SE4 1YA	£9,046	76	2	Flat
£687.5K	04/25	0.24 mi	Ground Floor Flat, 55, Tressillian Road, London SE4 1YA	-	-	2	Flat
£430K	03/25	0.28 mi	1 Roma Corte, Flat 35, Elmira Street, Ladywell, London SE13 7GP	£6,719	64	2	Flat
£461.3K	06/21	0.28 mi	61c, Tressillian Road, London, Greater London SE4 1YA	£5,898	78	2	Flat
£665K	06/23	0.3 mi	77b, Ermine Road, London, Greater London SE13 7JJ	£10,391	64	2	Flat
£425K	05/25	0.32 mi	Flat 76, 2 Sienna Alto, Cornmill Lane, Ladywell, London SE13 7FZ	£6,159	69	2	Flat
£425K	05/25	0.32 mi	Flat 76, 2 Sienna Alto, Cornmill Lane, Ladywell, London SE13 7FZ	-	-	2	Flat
£401K	06/21	0.32 mi	Flat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£400K	05/25	0.32 mi	Flat 20, Torre Vista, Loampit Vale, Lewisham, London SE13 7FT	£6,154	65	2	Flat
£400K	03/25	0.32 mi	Flat 4, Torre Vista, Loampit Vale, Lewisham, London SE13 7FT	£6,154	65	2	Flat
£400K	05/25	0.32 mi	Flat 20, Torre Vista, Loampit Vale, Lewisham, London SE13 7FT	-	-	2	Flat
£415K	03/25	0.32 mi	96a, Embleton Road, Ladywell, London SE13 7DG	£4,826	86	2	Flat
£425K	03/25	0.33 mi	Flat 4, 285, Lewisham Way, London SE4 1XF	£5,082	84	2	Flat
£431.3K	03/25	0.34 mi	32, Century House, Armoury Road, London SE8 4LH	£6,534	66	2	Flat
£320K	11/21	0.34 mi	Flat 23, Compass House, Armoury Road, London, Greater London SE8 4LF	-	-	2	Flat
£500K	04/23	0.35 mi	32b, Breakspears Road, London, Greater London SE4 1UW	£6,667	75	2	Flat
£555.5K	03/23	0.35 mi	32, Breakspears Road, London, Greater London SE4 1UW	£7,725	72	2	Flat
£500K	08/23	0.35 mi	3d, St Johns Vale, London, Greater London SE8 4EA	£7,610	66	2	Flat
£480K	03/25	0.36 mi	Flat 4, 91, Cranfield Road, London SE4 1TR	£9,057	53	2	Flat
£290K	03/25	0.36 mi	42, Armoury Road, London SE8 4LA	£5,918	49	2	Flat
£695K	09/21	0.39 mi	14b, St Johns Vale, London, Greater London SE8 4EW	£6,881	101	2	Flat
£375.1K	02/23	0.39 mi	Flat 601, Adana Building, Conington Road, London, Greater London SE13 7FD	-	-	2	Flat
£255K	01/25	0.39 mi	Baquba Building, Flat 101, Conington Road, Ladywell, London SE13 7FF	£6,711	38	2	Flat
£467K	05/23	0.41 mi	13, Lloyd Villas, London, Greater London SE4 1US	£6,380	73	2	Flat
£420K	01/23	0.41 mi	18, Lloyd Villas, London, Greater London SE4 1US	£5,915	71	2	Flat
£500K	07/23	0.41 mi	43, Lloyd Villas, London, Greater London SE4 1US	£7,042	71	2	Flat
£520K	05/23	0.41 mi	22, Lloyd Villas, London, Greater London SE4 1US	-	-	2	Flat
£540K	06/25	0.41 mi	Top Flat, 49, Wickham Road, London SE4 1LT	£5,400	100	2	Flat
£547.5K	02/23	0.42 mi	51a, Wickham Road, Brockley, London, Greater London SE4 1LT	£7,399	74	2	Flat
£465K	12/24	0.43 mi	Brick Kiln One, 192, Station Road, Ladywell, London SE13 5FN	£6,039	77	2	Flat
£645K	01/23	0.43 mi	137a, Breakspears Road, London, Greater London SE4 1TY	-	-	2	Flat
£444.8K	05/25	0.43 mi	110, Geoffrey Road, London SE4 1NU	£8,721	51	2	Flat
£444.8K	05/25	0.43 mi	110, Geoffrey Road, London SE4 1NU	-	-	2	Flat
£525K	09/21	0.43 mi	Flat B, 110, Breakspears Road, London, Greater London SE4 1UD	-	-	2	Flat
£750K	11/21	0.43 mi	20a, Wickham Road, Brockley, London, Greater London SE4 1NY	£6,557	114	2	Flat
£440K	03/25	0.43 mi	39b, St Johns Vale, London SE8 4EN	£9,167	48	2	Flat
£412.5K	09/23	0.45 mi	25, Algiers Road, London, Greater London SE13 7JD	-	-	2	Flat

Local Rents

49 rents from £1.6K/mo to £4.2K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	08/24	0.03 mi	-	2	Flat
£1,750	08/24	0.03 mi	Nuding Close, London, SE13	2	Flat
£3,000	08/24	0.05 mi	London, London, SE13	2	Flat
£2,000	08/24	0.06 mi	Overcliff Road London SE13	2	Flat
£2,350	09/25	0.08 mi	Greenbanks Close, Ladywell, London, SE13	2	Flat
£1,750	09/25	0.09 mi	Brookbank Road, Lewisham	2	Flat
£1,850	08/25	0.09 mi	Greenbanks Close, London, Greater London, SE13 7GF	2	Flat
£2,000	06/25	0.09 mi	Sandrock Road, Lewisham, SE13	2	Flat
£1,650	08/24	0.09 mi	Overcliff Road, Lewisham, SE13	2	Flat
£2,000	08/24	0.1 mi	Brookbank Road, Lewisham	2	Flat
£1,750	11/25	0.1 mi	Brookbank Road, Lewisham	2	Flat
£2,300	08/24	0.1 mi	Brookbank Road Lewisham SE13	2	Flat
£1,850	01/25	0.11 mi	-	2	Flat
£1,900	08/24	0.11 mi	Undercliff Road, London, SE13	2	Flat
£2,100	09/24	0.11 mi	-	2	Flat
£1,950	09/24	0.11 mi	-	2	Flat
£4,200	08/24	0.11 mi	Undercliff Road, London, SE13	2	Flat
£2,150	02/25	0.11 mi	-	2	Flat
£2,150	02/25	0.11 mi	-	2	Flat
£1,900	08/25	0.11 mi	-	2	Flat
£1,700	08/24	0.11 mi	Undercliff Road, Lewisham	2	Flat
£2,000	08/24	0.11 mi	Halesworth Road, London, SE13	2	Flat
£1,900	08/24	0.12 mi	Highland Terrace, Algernon Road, Lewisham, SE13	2	Terraced House
£2,000	07/25	0.12 mi	Algernon Road Lewisham SE13	2	Terraced House
£1,600	07/25	0.12 mi	Halesworth Road, SE13	2	Flat
£1,750	08/24	0.12 mi	Sandrock Road, Lewisham, London, SE13	2	Flat
£1,750	09/24	0.12 mi	Sandrock Road, Lewisham, London, SE13	2	Flat
£1,900	05/25	0.12 mi	-	2	Flat
£1,850	11/23	0.12 mi	Halesworth Road, London, SE13	2	Flat
£2,150	08/24	0.12 mi	Brookbank Road, Lewisham	2	Terraced House
£2,000	06/25	0.12 mi	Sandrock Road, SE13	2	Flat
£1,700	10/25	0.12 mi	Sandrock Road, Lewisham, SE13	2	Flat
£1,700	11/25	0.12 mi	Sandrock Road, Lewisham, SE13	2	Flat
£1,750	08/24	0.13 mi	Halesworth Road, Lewisham	2	Flat
£2,400	02/25	0.13 mi	-	2	Flat
£2,200	08/25	0.13 mi	-	2	Flat
£2,200	08/25	0.13 mi	Halesworth Road, London, SE13	2	Flat
£1,900	07/25	0.13 mi	Greenbanks Close, London	2	Flat
£2,200	08/25	0.13 mi	Tressillian Crescent, Brockley, London, SE4	2	Flat
£2,500	08/24	0.14 mi	Tyrwhitt Road Brockley SE4	2	Flat
£2,200	06/25	0.14 mi	Tyrwhitt Road, London, SE4	2	Flat
£2,200	07/25	0.14 mi	-	2	Flat
£1,700	12/24	0.14 mi	-	2	Flat
£1,630	09/25	0.14 mi	-	2	Flat
£1,630	08/25	0.14 mi	Halesworth Rd, London, SE13	2	Flat
£2,250	07/25	0.14 mi	-	2	Flat
£2,250	07/25	0.14 mi	Lewisham, London, SE13	2	Flat
£2,000	07/25	0.16 mi	The White Cube, Algernon Road, SE13	2	Flat
£2,100	10/25	0.17 mi	Brookbank Road, Lewisham, SE13	2	Terraced House

Local Area Statistics

Population in SE13	40,84840,848
Population in London	4,771,9214,771,921
Town centre distance	5.71 miles away5.71 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.35 miles away0.35 miles away

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

Property History

Listed for £375,000

October 31, 2024

Sold for £155,000

2003

Floor Plans

Description

Ground Floor Flat +
Two Double Bedrooms +
Garden +
Quiet Residential Road +
Close To Transport +
Chain Free +

A ground floor, well proportioned two double bedroom Victorian conversion flat with direct access to a south facing garden. Well positioned for Hilly Fields and offered with no onward chain.

Overcliff Road is a quiet residential road close to Hilly Fields and is ideally located for access to St Johns, Lewisham and Ladywell train stations giving excellent transport links.

Tenure: Leasehold Lease Years Remaining: 92
Service Charge: £53 (Monthly)
Annual Ground Rent: £10
Council Tax Band: C

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Brockley

020 8815 2220

Next Steps?

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

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

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