2 Bed Flat, Single Let, London, SE22 8NN, £400,000
Mercia Court, Highwood Close, London, SE22 8NN - 2 views - 5 months ago
Under Offer
Leasehold
BTL
~68 m²





+5 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £100,000 |
Stamp Duty & Legal Fees | £20,700 |
Total Cash In | £120,700 |
| |
Cash Out | |
Rent Range | £1,550 - £2,800 |
Rent Estimate | £1,619 |
Running Costs/mo | £1,594 |
Cashflow/mo | £25 |
Cashflow/yr | £302 |
ROI | 0% |
Gross Yield | 5% |
Local Rents
49 rents from £1.6K/mo to £2.8K/mo, average is £2K/mo.
Local Area Statistics
Population in SE22 | 29,687 |
Population in London | 4,771,921 |
Town centre distance | 6.23 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.58 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +10% |
Property History
Listed for £400,000
November 13, 2024
Sold for £275,000
2012
Sold for £263,000
2006
Floor Plans

Description
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