2 Bed Flat, Single Let, London, SE26 6GA £475,000

Sydenham Hill, Sydenham, SE26 6GA - 4 views - a year ago

Leasehold

BTL

~90 m²

ValuationUndervalued

Sold Prices	£270K - £1.0M
Sold Prices/m²	£3.5K/m² - £9.4K/m²

Square Metres	~89.90 m²
Price/m²	£5.3K/m²
Value Estimate	£541,766£541,766
BMV	14%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Rent Range	£1,550 - £3,500£1,550 - £3,500
Rent Estimate	£1,656
Running Costs/mo	£1,836£1,836
Cashflow/mo	£-180£-180
Cashflow/yr	£-2,155£-2,155
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £270K to £1.0M, average is £449K. £3.5K/m² to £9.4K/m², average is £6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	06/21	0.04 mi	3, Chestnut Place, London, Greater London SE26 6RW	£5,776	180	2	Flat
£570K	01/23	0.11 mi	92, Great Brownings, Dulwich, London, Greater London SE21 7HR	-	-	2	Flat
£515K	12/24	0.12 mi	Grange Court, Flat 4, Sydenham Hill, London SE26 6SL	£5,988	86	2	Flat
£305K	09/21	0.14 mi	28, Wavel Place, London, Greater London SE26 6SF	£6,394	48	2	Flat
£450K	06/23	0.17 mi	Flat 34, Raleigh Court, Lymer Avenue, London, Greater London SE19 1LS	-	-	2	Flat
£475K	03/25	0.22 mi	Flat 1, Marlowe Court, Lymer Avenue, London SE19 1LP	£6,013	79	2	Flat
£475K	03/25	0.22 mi	Flat 1, Marlowe Court, Lymer Avenue, London SE19 1LP	£6,013	79	2	Flat
£470K	06/21	0.23 mi	Flat 20, Marlowe Court, Lymer Avenue, London, Greater London SE19 1LP	-	-	2	Flat
£475K	07/25	0.26 mi	32, Drake Court, Tylney Avenue, London SE19 1LW	-	-	2	Flat
£471.4K	05/23	0.26 mi	Flat 22, Drake Court, Tylney Avenue, London, Greater London SE19 1LW	-	-	2	Flat
£340.5K	02/25	0.28 mi	Tunbridge Court, Flat 12, Sydenham Hill, London SE26 6RR	£5,082	67	2	Flat
£462K	02/25	0.3 mi	Knoll Court, Flat 16, Farquhar Road, London SE19 1SP	£6,000	77	2	Flat
£470K	06/21	0.31 mi	Flat 10, Knoll Court, Farquhar Road, London, Greater London SE19 1SP	-	-	2	Flat
£485K	04/23	0.31 mi	Flat 18, Knoll Court, Farquhar Road, London, Greater London SE19 1SP	-	-	2	Flat
£345K	02/23	0.31 mi	65, Rusholme Grove, London, Greater London SE19 1HZ	£6,053	57	2	Flat
£360K	01/25	0.32 mi	63 Grasmere Court, Flat 4, Westwood Hill, London SE26 6NW	£5,000	72	2	Flat
£325K	03/25	0.33 mi	Flat 17, Holberry House Kingswood Estate, Bowen Drive, London SE21 8QH	£4,779	68	2	Flat
£325K	03/25	0.33 mi	Flat 17, Holberry House Kingswood Estate, Bowen Drive, London SE21 8QH	-	-	2	Flat
£420K	06/23	0.33 mi	16b, Longton Avenue, Sydenham, London, Greater London SE26 6QZ	£6,000	70	2	Flat
£450K	04/25	0.33 mi	1, Harrogate Court, Droitwich Close, London SE26 6TL	£6,081	74	2	Flat
£452K	01/25	0.33 mi	Bath Court, Flat 17, Droitwich Close, London SE26 6TW	£6,192	73	2	Flat
£466K	07/25	0.33 mi	Flat 6, Lowood Court, Farquhar Road, London SE19 1SW	-	-	2	Flat
£463K	03/25	0.33 mi	Flat 27, Lowood Court, Farquhar Road, London SE19 1SW	£5,861	79	2	Flat
£477.5K	05/25	0.33 mi	Flat 31, Lowood Court, Farquhar Road, London SE19 1SW	£6,201	77	2	Flat
£477.5K	05/25	0.33 mi	Flat 31, Lowood Court, Farquhar Road, London SE19 1SW	-	-	2	Flat
£475K	09/23	0.36 mi	Flat 6, Leamington Court, Droitwich Close, London, Greater London SE26 6TN	-	-	2	Flat
£700K	02/23	0.38 mi	7, Baird Gardens, Dulwich, London, Greater London SE19 1HJ	-	-	2	Flat
£725K	06/21	0.38 mi	4, Baird Gardens, London, Greater London SE19 1HJ	£9,418	77	2	Flat
£290K	05/25	0.39 mi	1, Porlock House, Sydenham Hill, London SE26 6TR	£4,394	66	2	Flat
£290K	05/25	0.39 mi	1, Porlock House, Sydenham Hill, London SE26 6TR	-	-	2	Flat
£415K	11/23	0.39 mi	9c, Longton Avenue, Sydenham, London, Greater London SE26 6RA	-	-	2	Flat
£330K	06/21	0.41 mi	28, Ormanton Road, London, Greater London SE26 6RB	£3,667	90	2	Flat
£365K	02/25	0.43 mi	Wells Park Court, Flat 12, Taylors Lane, London SE26 6QP	£5,794	63	2	Flat
£625K	08/23	0.43 mi	Flat 38, Stonehills Court, College Road, London, Greater London SE21 7LZ	-	-	2	Flat
£435K	10/21	0.44 mi	1a, Charleville Circus, London, Greater London SE26 6NR	£7,164	61	2	Flat
£546K	05/23	0.45 mi	First Floor Flat, 85, Gipsy Hill, London, Greater London SE19 1QL	£4,403	124	2	Flat
£367.7K	07/23	0.45 mi	Flat 3, Oakdene, Oaks Avenue, London, Greater London SE19 1RB	-	-	2	Flat
£292K	05/25	0.45 mi	Flat 20, 33, Westwood Hill, London SE26 6NX	£4,000	73	2	Flat
£292K	05/25	0.45 mi	Flat 20, 33, Westwood Hill, London SE26 6NX	-	-	2	Flat
£600K	10/24	0.48 mi	Constable Walk, 14, College Road, London SE21 7LX	£7,692	78	2	Flat
£390K	08/23	0.48 mi	Flat 3, Hillview Court, Oaks Avenue, London, Greater London SE19 1QX	-	-	2	Flat
£270K	09/21	0.49 mi	52, Markwell Close, London, Greater London SE26 6QG	£3,506	77	2	Flat
£635K	09/23	0.49 mi	66, College Road, London, Greater London SE21 7LY	£6,350	100	2	Flat
£397.5K	05/25	0.5 mi	19, Oaksford Avenue, London SE26 6AR	£7,361	54	2	Flat
£397.5K	05/25	0.5 mi	19, Oaksford Avenue, London SE26 6AR	-	-	2	Flat
£295K	07/25	0.5 mi	Flat 1, Dundry House, Sydenham Hill, London SE26 6LP	-	-	2	Flat
£408K	04/25	0.5 mi	21, Oaksford Avenue, London SE26 6AR	£6,689	61	2	Flat
£420K	07/25	0.5 mi	Flat 4, 71, Gipsy Hill, London SE19 1QH	-	-	2	Flat
£448K	03/25	0.51 mi	82, Flat 5, Crystal Palace Park Road, Sydenham, London SE26 6UN	£8,000	56	2	Flat
£340K	02/25	0.51 mi	82, Flat 2, Woodland Road, London SE19 1PA	£6,667	51	2	Flat

Local Rents

49 rents from £1.6K/mo to £3.5K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	08/24	0 mi	Sydenham Hill London SE26	2	Flat
£1,850	08/24	0.02 mi	Sydenham,London,SE26 6SH	2	Flat
£1,850	06/25	0.02 mi	Sydenham Hill, Sydenham, SE26	2	Flat
£2,100	06/25	0.06 mi	Sydenham Hill, London, SE26	2	Flat
£2,000	07/25	0.06 mi	-	2	Flat
£2,600	01/25	0.07 mi	-	2	Flat
£2,400	08/24	0.11 mi	Grange Court, London, SE26	2	Flat
£2,400	09/24	0.11 mi	-	2	Flat
£2,250	08/25	0.12 mi	Sydenham Hill, Sydenham	2	House
£2,300	02/24	0.13 mi	-	2	Flat
£2,200	08/24	0.13 mi	-	2	House
£1,750	08/24	0.13 mi	Sydenham Hill, London, SE26	2	Flat
£1,750	08/24	0.14 mi	Sydenham Hill Sydenham SE26	2	Flat
£2,300	06/25	0.14 mi	Sydenham Hill, SE26	2	House
£2,500	07/25	0.14 mi	Sydenham Hill, SE26	2	House
£2,250	10/25	0.14 mi	6 Sydenham Hill SE26	2	Terraced House
£2,500	07/25	0.14 mi	Sydenham Hill, London, SE26	2	House
£2,250	10/25	0.14 mi	-	2	Terraced House
£2,250	10/25	0.14 mi	Sydenham Hill, London, SE26	2	Terraced House
£2,300	08/24	0.14 mi	Wavel Place, LONDON	2	Flat
£1,650	10/25	0.14 mi	Wavel Place, Crystal Palace, SE26	2	Flat
£2,300	08/24	0.14 mi	-	2	House
£2,300	08/24	0.14 mi	-	2	Flat
£1,950	08/24	0.14 mi	-	2	House
£2,175	08/24	0.14 mi	-	2	Flat
£3,500	02/24	0.15 mi	-	2	Detached House
£2,700	08/24	0.15 mi	-	2	House
£1,850	09/25	0.17 mi	Raleigh Court, Lymer Avenue, London, SE19	2	Flat
£1,550	08/24	0.19 mi	Westwood Hill, Sydenham, SE26	2	Flat
£1,900	09/24	0.19 mi	Westwood Hill, London, SE26 6PE	2	Flat
£1,750	11/25	0.19 mi	Crystal Palace Parade, London, SE19	2	Flat
£1,950	08/24	0.19 mi	Grenville Court, London, SE19	2	Flat
£2,000	09/24	0.19 mi	-	2	Flat
£1,800	02/24	0.2 mi	-	2	Flat
£2,000	11/25	0.2 mi	Lymer Avenue London SE19	2	Flat
£1,800	06/25	0.2 mi	Crystal Palace Parade, London, SE19	2	Flat
£1,700	04/25	0.2 mi	-	2	Flat
£1,950	12/24	0.2 mi	-	2	Flat
£1,950	08/25	0.2 mi	-	2	Flat
£1,750	08/24	0.2 mi	Grenville Court, Lymer Avenue, London, SE19	2	Flat
£2,250	08/24	0.2 mi	Wavel Place, London	2	Flat
£1,700	09/25	0.21 mi	Dulwich Wood Park, Sydenham, London, SE19	2	Flat
£1,875	08/25	0.22 mi	Marlowe Court, London, SE19	2	Flat
£1,875	09/25	0.22 mi	Marlowe Court, London, SE19	2	Flat
£1,795	10/25	0.22 mi	Marlowe Court, London, SE19	2	Flat
£1,900	08/25	0.22 mi	-	2	Flat
£1,795	10/25	0.22 mi	-	2	Flat
£1,850	09/25	0.23 mi	Lymer Avenue London SE19	2	Flat
£1,850	07/25	0.23 mi	Tylney Avenue, London, SE19	2	Flat

Local Area Statistics

Population in SE26	28,45528,455
Population in London	4,771,9214,771,921
Town centre distance	7 miles away7 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.34 miles away0.34 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-10%-10%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+21%+21%

Property History

Price changed to £475,000

January 23, 2025

Listed for £500,000

November 4, 2024

Floor Plans

Description

Two double bedrooms +
Spacious living room +
Underground parking +
Communal garden +
Chain free +
Bathroom & ensuite +
Integrated kitchen +
EPC rating B +

Not to be missed is this spacious two bed two bath apartment with gated underground parking and lift in block. Just minutes walk to Sydenham Hill station which serves London Victoria and close to Crystal Palace Park and the "Triangle" which offers a great choice of bars.
Offering great living space and two large bedrooms, one with ensuite. Located to the back of the building with great views over the communal garden.

Council Tax Band: D
Tenure: Leasehold

Original length of lease: 125 years
Date lease commences: 25/12/2006
Service charge: Approx: £3,418 per annum
Ground Rent: Approx: £300 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Sydenham

020 3870 5051

Next Steps?

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