4 Bed Terraced House, Refurb/BRRR, London, SE4 1LU, £900,000

Harefield Road, London, SE4 1LU - 7 views - 5 months ago

Under Offer
Refurb/BRRR
~129 m²
+4 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£68,520

Bridging Loan Interest

£23,625

Total Cash In

£379,595

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,023,338

Mortgage (After Refinance)

£767,503

Mortgage LTV

75%

Cash Released

£92,503

Cash Left In

£287,092

Equity

£255,834

Rent Range

£1,700 - £6,310

Rent Estimate

£2,875

Running Costs/mo

£3,793

Cashflow/mo

£-918

Cashflow/yr

£-11,015

Gross Yield

4%













Local Rents

49 rents from £1.7K/mo to £6.3K/mo, average is £2.9K/mo.

RentDateDistanceAddressBeds 
£6,31003/250.08 mi-7
£2,00008/240.12 mi-3
£2,20008/240.16 mi-3
£2,87503/250.18 mi-3
£3,70008/240.23 miCranfield Road, Brockley, London, SE44
£3,25002/240.23 mi-4
£3,20009/240.23 mi-4
£4,90002/250.23 mi-4
£3,20008/240.24 miSt. Margarets Road, London, SE44
£3,20009/240.24 mi-4
£3,85008/240.24 miBrockley Road, Brockley5
£2,50008/240.24 mi14 Meredith Mews Brockley Road3
£2,40002/250.25 mi-3
£3,50008/240.25 miBrockley Road, Brockley, London, SE44
£2,99508/240.27 miBreakspears Road, London, SE44
£2,60008/240.27 miBreakspears Road, London, SE43
£3,35008/240.28 miBrokley Road, London, SE44
£2,40008/240.28 miBrockley Cross, London, SE43
£2,80008/240.28 miHarcourt Road London SE43
£3,40011/240.29 mi-5
£2,60008/240.29 miFoxberry Road, Brockley, Brockley, SE43
£1,80008/240.3 miCoulgate Street, London, SE43
£3,00008/240.3 miCoulgate Street, Brockley3
£2,80008/240.3 miFoxberry Road, London, SE43
£3,25008/240.32 miMalpas Road, Brockley4
£2,69509/240.32 mi-3
£2,59510/240.32 mi-3
£2,55010/240.32 mi-3
£2,25012/240.32 mi-3
£2,30001/250.32 mi-3
£3,99511/240.33 mi-5
£3,99511/240.33 mi-5
£2,99508/240.35 miMalpas Road, London, SE44
£2,99908/240.35 miBrockley Road, London, SE44
£3,80008/240.36 miSt. Norbert Road, London5
£2,20002/250.37 mi-3
£3,00009/240.38 mi-3
£2,00002/250.38 mi-3
£2,60008/240.38 miShell Road, Lewisham4
£4,80008/240.38 miKneller Road, Brockley, London, SE46
£1,70009/240.4 mi-3
£1,70009/240.4 mi-3
£2,75008/240.4 miArica Road, Brockley, London , SE43
£3,00008/240.4 miMillmark Grove, New Cross, London, SE144
£3,25008/240.41 miUpper Brockley Road, Brockley, London, SE44
£2,75011/240.41 mi-3
£3,30008/240.41 miMillmark Grove, London , SE144
£2,15008/240.42 miLadycroft Road, Lewisham3
£2,10010/240.42 mi-3

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.51 miles away

Nearest school

0.40 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £900,000

November 15, 2024

Floor Plans

Description

  • Bright and Spacious +
  • Close to public transport +
  • Catchment for outstanding schools +
  • CHAIN FREE +
  • Vacant possesion +

This fantastic four-bedroom, 1930s terraced house is situated in the highly sought-after Brockley Conservation Area, offering 1412 sq. ft of living space. While the property would benefit from modernisation, it presents an exciting opportunity for those looking to put their personal touch on a family home. With plenty of potential for conversions (subject to planning consent), this house could be transformed into a truly spectacular property.

The bright and spacious interior is currently a blank canvas, providing the ideal foundation for someone looking to create their dream home. The property retains much of its original charm, with the possibility to reimagine the layout and make the most of its generous footprint.

Located on Harefield Road, one of the most desirable streets within the Brockley Conservation Area, this home is perfectly positioned for both convenience and charm. Brockley Overground Station is less than a 5-minute walk away, providing easy access to central London, while the vibrant Brockley Village is just a stone’s throw away, offering a range of boutique cafés, bars, and restaurants, creating a lively and community-focused atmosphere.

With its ample space, potential for modernisation, and prime location, this property offers an excellent opportunity to create a family home in one of South London’s most desirable areas.

LOCAL AUTHORITIES: London Borough of Lewisham.

Services: Mains water and gas, electricity.

Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.

Viewing: By appointment via Truepennys.

Truepenny's Property Consultants Ltd. for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord or Truepenny's Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the landlord does not make or give either Truepenny's Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.

Agent Details

Truepenny's, Dulwich

020 8693 2277

Next Steps?

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