2 Bed Flat, Single Let, London, SW16 4EB, £200,000

London Road, Norbury, London, SW16 4EB - 4 views - 6 months ago

Under Offer
Leasehold
Auction
BTL
ROI: 13%
~69 m²
+4 photos

ValuationUndervalued

Sold Prices£151K - £550K
Sold Prices/m²£2.4K/m² - £9.8K/m²

 

 

Square Metres

~69.10 m²
Price/m²£2.9K/m²

Value Estimate

£246,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£875 - £4,800

Rent Estimate

£1,600

Running Costs/mo

£965

Cashflow/mo

£635

Cashflow/yr

£7,620

ROI

13%

Gross Yield

10%

Local Sold Prices

51 sold prices from £151K to £550K, average is £300K. £2.4K/m² to £9.8K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£395K06/210.19 miLower Flat, 21, Beatrice Avenue, London, Greater London SW16 4UW2
£261K07/210.47 mi23, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£295K03/230.47 mi29a, Warwick Road, Thornton Heath, Greater London CR7 7NH2
£260K09/220.49 mi53, St Christophers Gardens, Thornton Heath, Greater London CR7 7NS2
£250K08/230.49 mi662a, Streatham High Road, London, Greater London SW16 3QL2
£250K08/230.49 mi662a, Streatham High Road, London, Greater London SW16 3QL2
£260K09/210.49 mi62a, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£287.5K08/230.49 mi56, Warwick Road, Thornton Heath, Greater London CR7 7NE2
£259K05/210.52 miFlat A, 31, Galpins Road, Thornton Heath, Greater London CR7 6EL2
£275K12/200.57 mi34, Totton Road, Thornton Heath, Greater London CR7 7QR2
£440K02/230.58 mi137, Ellison Road, London, Greater London SW16 5DE2
£300K03/210.63 miFirst Floor Flat, 211, Melfort Road, Thornton Heath, Greater London CR7 7RU2
£328K07/230.63 mi367a, Streatham High Road, London, Greater London SW16 3NY2
£185K06/210.64 miFirst Floor Flat, 180, Melfort Road, Thornton Heath, Greater London CR7 7RQ2
£480K03/210.66 miGround Floor Flat, 25, Arragon Gardens, London, Greater London SW16 5LY2
£371.5K05/210.67 mi38, Arragon Gardens, London, Greater London SW16 5LX2
£273K11/200.69 mi86, Windsor Road, Thornton Heath, Greater London CR7 8HF2
£365K12/200.69 mi18, Oxtoby Way, London, Greater London SW16 5HD2
£290K06/210.69 mi31, Oxtoby Way, London, Greater London SW16 5HD2
£285K12/220.72 mi155, Wide Way, Mitcham, Greater London CR4 1BQ2
£320K11/220.72 mi157, Wide Way, Mitcham, Greater London CR4 1BQ2
£300K11/200.72 mi123, Wide Way, Mitcham, Greater London CR4 1BQ2
£270K10/210.73 mi60, Wide Way, Mitcham, Greater London CR4 1BL2
£550K03/230.74 mi66, Braxted Park, London, Greater London SW16 3AU2
£320.5K02/210.74 mi35, Byards Croft, London, Greater London SW16 5EY2
£340K09/210.74 mi44, Byards Croft, London, Greater London SW16 5EY2
£240K05/230.76 mi5, Parchmore Way, Thornton Heath, Greater London CR7 8HL2
£335K01/210.76 miFlat 14, Quince House, Hemlock Close, London, Greater London SW16 5PN2
£320K02/230.77 mi121a, Melfort Road, Thornton Heath, Greater London CR7 7RX2
£267K11/200.77 mi29, Ivy Gardens, Mitcham, Greater London CR4 1BR2
£300K11/200.77 mi4, Ivy Gardens, Mitcham, Greater London CR4 1BR2
£380K11/210.77 miFlat 7, Wilmington Court, Tankerville Road, London, Greater London SW16 5LN2
£151K01/210.77 mi128, Melfort Road, Thornton Heath, Greater London CR7 7RP2
£315K07/230.78 miFlat 8, Damson House, Hemlock Close, London, Greater London SW16 5PL2
£520K07/210.82 miFlat A, 43, Kempshott Road, Streatham, London, Greater London SW16 5LJ2
£268K03/210.83 mi6, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£275K08/210.83 mi10, Wychwood Avenue, Thornton Heath, Greater London CR7 8AQ2
£400K02/210.86 miFlat B, 18, Baldry Gardens, London, Greater London SW16 3DJ2
£255K06/210.87 mi57a, Bensham Grove, Thornton Heath, Greater London CR7 8DD2
£500K11/210.89 miGround Floor Flat At, 76, Ellison Road, London, Greater London SW16 5BY2
£285K11/200.9 mi53, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£375K03/210.9 mi7, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£263K02/230.9 mi13a, Beulah Road, Thornton Heath, Greater London CR7 8JH2
£340K09/220.9 mi53, Quadrant Road, Thornton Heath, Greater London CR7 7DB2
£415K06/210.9 miSecond Floor Flat, 17, Tankerville Road, London, Greater London SW16 5LL2
£307.4K06/210.94 mi17, Averil Grove, London, Greater London SW16 3ET2
£225K11/200.95 miFlat 7, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA2
£275K08/210.96 miFirst Floor Flat, 48, Greyhound Lane, London, Greater London SW16 5RP2
£345K11/210.97 mi37a, Parchmore Road, Thornton Heath, Greater London CR7 8LY2
£308.6K09/210.97 mi8, Beulah Crescent, Thornton Heath, Greater London CR7 8JL2
£400K01/210.98 mi16a, Streatham Vale, London, Greater London SW16 5TE2

Local Rents

41 rents from £875/mo to £4.8K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70004/250.02 mi-2
£1,80009/240.02 miLondon Road, LONDON2
£1,60009/240.02 miLondon Road, London2
£1,80003/240.06 mi-2
£1,80002/240.06 mi-2
£1,80001/250.06 mi-2
£1,75009/240.07 miNorthborough Road, London2
£1,69502/240.1 mi-2
£1,69502/240.1 mi-2
£1,95003/240.11 mi-2
£1,70009/240.12 miNorthborough Road, London2
£2,00009/240.13 miTYLECROFT ROAD, SW16, Norbury, London, SW162
£1,80009/240.15 miLondon Road, Norbury2
£1,90009/240.15 miLondon Road2
£2,00003/240.15 mi-2
£2,10009/240.15 miSolent Court, London, SW162
£1,65001/250.19 mi-2
£2,40009/240.26 miThe Grove, Streatham, London, SW162
£1,70009/240.28 miLondon Road2
£1,95002/250.3 mi-2
£87504/250.31 mi-2
£1,80009/240.31 miB London Road, London2
£2,10003/250.34 mi-2
£2,10003/250.34 mi-2
£4,80002/240.36 mi-2
£3,00004/250.37 mi-2
£2,20009/240.38 mi-2
£1,50001/250.38 mi-2
£1,60009/240.42 miKuala Gardens, Norbury, London, SW162
£1,85009/240.48 miStanford Road, London, SW162
£1,99502/240.51 mi-2
£1,90009/240.51 mi-2
£2,10002/240.52 mi-2
£1,75005/240.53 miWarwick Gardens, Thornton Heath2
£2,15009/240.53 miColmer Road, Streatham2
£1,75004/250.54 mi-2
£2,25009/240.54 miPollards Hill South, Norbury2
£1,80002/240.54 mi-2
£1,60003/240.56 miWiltshire Road, Thornton Heath2
£1,85011/240.6 mi-2
£1,47503/240.6 miGalpins Road 2

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

8.36 miles away

Nearest school

0.30 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £200,000

December 26, 2024

Listed for £220,000

November 6, 2024

Floor Plans

Description

  • For sale via Auction - Prior Auction purchase available +
  • Bright and spacious living space fantastic 2 bedroom flat +
  • Open-plan kitchen +
  • Terrace +
  • Double bedrooms with fitted wardrobes +
  • Modern stylish bathroom +
  • Set on the 6th floor of a modern development +
  • Excellent central location +

A stylish 2 bedroom flat located in the Radnor House complex and boasting spacious reception room with dining area and fully integrated open-plan kitchen.

The property is ideally located to take full advantage of the wide range of shops and amenities that London Road offers. Norbury Station (National Rail) is nearby and the A23 offers motorists easy access to central London and towards the south of England.

Please use the reference CHPK0252252 when contacting Foxtons.

Agent Details

Foxtons, Norbury

020 4538 8006

Next Steps?

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