2 Bed Flat, Single Let, London, SE26 5EZ, £300,000

Sydenham Road, Sydenham, SE26 5EZ - 1 views - 5 months ago

Leasehold
BTL
ROI: 4%
~72 m²
+7 photos

ValuationUndervalued

Sold Prices£190K - £818K
Sold Prices/m²£4.8K/m² - £8.5K/m²

 

 

Square Metres

~72 m²
Price/m²£4.2K/m²

Value Estimate

£366,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,475 - £2,450

Rent Estimate

£1,553

Running Costs/mo

£1,268

Cashflow/mo

£285

Cashflow/yr

£3,419

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £190K to £818K, average is £430K. £4.8K/m² to £8.5K/m², average is £6.7K/m².

PriceDateDistanceAddressBeds 
£300K10/230.02 mi109b, Sydenham Road, London, Greater London SE26 5EZ2
£462.5K06/210.04 mi40b, Earlsthorpe Road, London, Greater London SE26 4PD2
£500K01/210.1 mi19b, Princethorpe Road, London, Greater London SE26 4PF2
£465K06/210.1 mi13b, Princethorpe Road, London, Greater London SE26 4PF2
£512K03/230.1 miUpper Flat, 31, Princethorpe Road, London, Greater London SE26 4PF2
£445K03/230.12 mi11b, Queensthorpe Road, London, Greater London SE26 4PJ2
£516K09/230.12 mi15c, Queensthorpe Road, London, Greater London SE26 4PJ2
£530K09/210.16 mi123, Newlands Park, London, Greater London SE26 5PP2
£300K01/210.18 mi8, Thorpe Close, London, Greater London SE26 4NX2
£403.5K01/210.22 mi11, Raymond Close, London, Greater London SE26 6DW2
£375K10/200.22 mi9, Raymond Close, London, Greater London SE26 6DW2
£480K06/210.23 mi34, Trewsbury Road, London, Greater London SE26 5DN2
£450K02/210.25 mi96a, Wiverton Road, London, Greater London SE26 5HZ2
£495K03/210.27 mi100a, Byne Road, London, Greater London SE26 5JD2
£387K03/230.28 miFlat 12, Dorryn Court, Trewsbury Road, London, Greater London SE26 5DR2
£375K03/210.29 mi241, Kirkdale, London, Greater London SE26 4QD2
£410K01/210.29 mi249, Kirkdale, London, Greater London SE26 4QD2
£420K12/200.29 mi245a, Kirkdale, London, Greater London SE26 4QD2
£530K01/210.29 mi52, Lawrie Park Road, London, Greater London SE26 6DN2
£430K01/210.31 miFlat 11, York House, Lawrie Park Road, London, Greater London SE26 6DT2
£480K11/210.33 mi129, Venner Road, London, Greater London SE26 5HU2
£510K10/230.33 mi36, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£526K10/230.33 mi10, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£387.5K06/210.34 mi15b, Adamsrill Road, London, Greater London SE26 4AL2
£525K10/230.36 mi64, Peak Hill, London, Greater London SE26 4LR2
£475K06/210.36 mi40, Peak Hill, London, Greater London SE26 4LR2
£505K12/200.36 mi9, Niederwald Road, London, Greater London SE26 4AD2
£355K09/210.39 mi223a, Kirkdale, London, Greater London SE26 4QQ2
£432.5K06/210.39 mi221, Kirkdale, Sydenham, London, Greater London SE26 4QQ2
£350K03/230.4 mi25b, Elderton Road, London, Greater London SE26 4EY2
£400K01/230.4 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.4 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£335K11/210.44 miFlat 2, Parcell House, Newlands Park, London, Greater London SE26 5PB2
£410K02/210.45 miFlat 7, Holly Court, Lawrie Park Crescent, London, Greater London SE26 6HT2
£818K02/230.45 mi49, Mayow Road, London, Greater London SE23 2XH2
£416.5K04/210.45 mi29a, Champion Crescent, London, Greater London SE26 4HH2
£430K09/210.46 miFirst And Second Floor Flat, 23, Champion Road, London, Greater London SE26 4HD2
£190K11/210.46 miFlat 35, Homewalk House, Jews Walk, London, Greater London SE26 4NN2
£210K11/230.46 miFlat 24, Homewalk House, Jews Walk, London, Greater London SE26 4NN2
£225K08/210.46 miFlat 24, Homewalk House, Jews Walk, London, Greater London SE26 4NN2
£460K11/200.48 mi14a, Sydenham Park, London, Greater London SE26 4EQ2
£450K05/210.48 mi61, Sydenham Park Road, London, Greater London SE26 4DL2
£425K01/240.51 miFlat 21, Coniston Court, Springfield Road, London, Greater London SE26 6HF2
£370.1K06/210.51 miFlat 1, Coniston Court, Springfield Road, London, Greater London SE26 6HF2
£455K09/210.51 mi98, Queenswood Road, London, Greater London SE23 2QS2
£400K03/210.53 miFlat 1, Springfield Lodge, Lawrie Park Road, London, Greater London SE26 6DY2
£435K11/230.53 mi5, Thakeham Close, London, Greater London SE26 6HN2
£367K09/230.53 mi181, Longfield Crescent, Sydenham, London, Greater London SE26 4DR2
£310K03/210.54 mi12, Porthcawe Road, London, Greater London SE26 5TA2
£440K01/230.57 mi4a, Phoenix Road, London, Greater London SE20 7BT2

Local Rents

48 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,95008/240.02 miSydenham Road, Sydenham, SE262
£1,67502/250.02 mi-2
£1,75010/240.05 mi-2
£1,80008/240.1 mi-2
£1,80008/240.12 miSilverdale London SE262
£2,45001/250.12 mi-2
£1,80008/240.15 miMayow Road, Sydenham, SE262
£1,90001/250.16 mi-2
£1,80008/240.16 mi-2
£1,80008/240.17 miTrewsbury Road Sydenham SE262
£1,80008/240.17 miTrewsbury Road, Sydenham SE262
£1,60008/240.21 miNewlands Park London SE262
£1,60002/240.21 mi-2
£1,69808/240.21 miKnighton Park Road London SE262
£2,00003/250.22 mi-2
£1,80010/240.22 mi-2
£1,90011/230.22 miKinver Road, Sydenham, London, SE262
£1,70008/240.23 miVenner Road, Sydenham, SE262
£1,75008/240.23 miHazel Grove, Sydenham, SE262
£1,75008/240.23 miHazel Grove, London, SE262
£1,60003/250.24 mi-2
£1,87509/240.24 mi-2
£1,87509/240.24 miTrewsbury Road, London, SE262
£1,65002/240.24 mi-2
£1,65009/240.24 mi-2
£1,65008/240.24 miBayes Close, London, SE262
£1,55011/240.25 mi-2
£1,50008/240.25 miSydenham Road London SE262
£1,80008/240.25 miWiverton Road London SE262
£2,17009/240.26 mi-2
£1,80010/240.26 mi-2
£1,80008/240.26 miCator Road, London, SE262
£1,70008/240.28 miGround Floor Flat 81 Byne Road, Sydenham, London,SE26 5JG2
£1,69503/250.29 mi-2
£1,47508/240.31 mi-2
£1,80008/240.32 miAdamsrill Road, Forest Hill, London, SE262
£1,85008/240.32 mi-2
£1,60008/240.33 mi-2
£1,60008/240.33 mi-2
£1,75008/240.33 miAdamsrill Road, London, SE262
£1,75008/240.33 miAdamsrill Road London SE262
£1,80012/240.34 mi-2
£1,99908/240.34 miCollingtree Road, London, SE262
£1,57508/240.35 mi-2
£1,57501/250.35 mi-2
£2,10008/240.35 miPeak Hill, Sydenham2
£2,10008/240.35 miPeak Hill, London, SE262
£1,60009/240.36 mi-2

Local Area Statistics

Population in SE26

28,455

Population in London

4,771,921

Town centre distance

7.43 miles away

Nearest school

0.40 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £300,000

November 1, 2024

Floor Plans

Description

  • CHAIN FREE +
  • TWO BEDROOMS +
  • RECEPTION ROOM +
  • MODERN FITTED KITCHEN +
  • BATHROOM +
  • SEPERATE W/C +
  • LONG LEASE +
  • CLOSE TO TRANSPORT LINKS +
  • CLOSE TO LOCAL AMENITIES +

An exceptional flat situated in a sought-after location, within close proximity of Sydenham High Street and a number of good transport links.
This well-proportioned two bedroom first floor flat measuring 775 sq ft internally. The flat provides a superb entertaining space with a large living/dining room, a modern fitted kitchen with some integrated appliances. There are two good sized double bedrooms and a modern bathroom with a sepwerate w/c.

The location is ideal being only a short walk away from Sydenham High Street and Overground Station with its numerous direct links including, London Bridge, Victoria and Canada Water. An internal viewing is highly recommended. This property is offered CHAIN FREE!

Lease - 149 Years
Service Charge - £300 per annum
Ground Rent - £10 per annum

Agent Details

CKB Estate Agents, Eltham

020 3840 3505

Next Steps?

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