3 Bed Flat, Single Let, London, SE27 9TS, £315,000

Bentons Lane, London, SE27 9TS - 1 views - 4 months ago

Leasehold
BTL
ROI: 7%
~76 m²
+15 photos

ValuationUndervalued

Sold Prices£285K - £985K
Sold Prices/m²£4K/m² - £8.3K/m²

 

 

Square Metres

~75.99 m²
Price/m²£4.1K/m²

Value Estimate

£393,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£20,200

Total Cash In

£98,950

 

 

Cash Out

 

Rent Range

£1,695 - £2,300,530

Rent Estimate

£2,025

Running Costs/mo

£1,409

Cashflow/mo

£616

Cashflow/yr

£7,388

ROI

7%

Gross Yield

8%

Local Sold Prices

51 sold prices from £285K to £985K, average is £480K. £4K/m² to £8.3K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£480K02/210.13 miGround Floor Flat, 60, Norwood Park Road, London, Greater London SE27 9UA3
£475K02/210.14 mi142, St Louis Road, London, Greater London SE27 9QH3
£343.5K11/200.15 miFlat 25, Levehurst House, Woodvale Walk, London, Greater London SE27 0HA3
£365K10/200.23 miFlat 29, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£355K10/200.23 miFlat 27, Longmead House, Woodvale Walk, London, Greater London SE27 0HE3
£416K06/210.23 mi25, St Gothard Road, London, Greater London SE27 9QR3
£520K03/210.25 mi58a, Durban Road, London, Greater London SE27 9RP3
£412K06/230.32 mi16, Gibbs Square, London, Greater London SE19 1JN3
£412K06/230.32 mi16, Gibbs Square, London, Greater London SE19 1JN3
£490K12/220.34 mi33, Furneaux Avenue, London, Greater London SE27 0EQ3
£421K05/210.37 mi37, Durning Road, London, Greater London SE19 1JP3
£435K10/220.39 mi48a, Tritton Road, London, Greater London SE21 8DE3
£480K01/230.4 mi191b, South Croxted Road, London, Greater London SE21 8AY3
£650K01/230.41 mi22a, Tritton Road, London, Greater London SE21 8DE3
£517.5K07/230.44 mi77, Durning Road, London, Greater London SE19 1JS3
£615K12/220.47 mi160, Clive Road, London, Greater London SE21 8BP3
£640K08/230.5 mi53a, Alexandra Drive, London, Greater London SE19 1AW3
£550K01/210.56 mi152, Casewick Road, London, Greater London SE27 0SZ3
£591K06/210.56 mi158, Casewick Road, London, Greater London SE27 0SZ3
£575K07/230.56 mi144, Casewick Road, London, Greater London SE27 0SZ3
£375K12/200.56 mi77, Lakeview Road, London, Greater London SE27 0QH3
£370K11/210.57 mi27, Park Hall Road, London, Greater London SE21 8EH3
£470K03/210.59 mi101a, Casewick Road, London, Greater London SE27 0TA3
£565K06/230.59 mi145, Casewick Road, London, Greater London SE27 0TA3
£285K07/210.6 miFlat 3, Parnall House, Kingswood Estate, London, Greater London SE21 8PZ3
£650K02/210.66 mi55a, Central Hill, London, Greater London SE19 1BS3
£320K06/230.67 miFlat 12, Carmichael House, Kingswood Estate, London, Greater London SE21 8QE3
£285K02/230.68 miFlat 11, Julian House, Kingswood Estate, London, Greater London SE21 8PQ3
£332.3K04/230.71 miFlat 26, Wiseman Court, Woodland Road, London, Greater London SE19 1PQ3
£330K11/200.72 miFlat 32, Falcon Court, Elmworth Grove, London, Greater London SE21 8RG3
£440K12/200.73 miFlat 14, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ3
£415K02/210.73 miFlat 16, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ3
£500K06/210.75 miFlat 8, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£560K06/230.75 miFlat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£550K02/210.76 miFlat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN3
£445K06/210.77 mi9, The Woodlands, London, Greater London SE19 3EG3
£475K12/210.79 miFlat 1, Bullfinch Court, Croxted Road, London, Greater London SE21 8RL3
£523K12/220.79 miFlat 7, William Brown Court, Norwood Road, London, Greater London SE27 9DD3
£640K12/200.8 miGround And First Floor Flat, 39, Woodland Road, London, Greater London SE19 1NU3
£500K04/210.82 mi44b, Jasper Road, London, Greater London SE19 1SH3
£625K11/200.82 mi34b, Jasper Road, London, Greater London SE19 1SH3
£300K11/200.82 mi17, Priory Crescent, London, Greater London SE19 3ED3
£623.5K08/210.83 miFlat 13, Stonehills Court, College Road, London, Greater London SE21 7LZ3
£497K08/230.83 miFlat 3, Stonehills Court, College Road, London, Greater London SE21 7LZ3
£375K05/230.86 miFlat 1, Raleigh Court, Lymer Avenue, London, Greater London SE19 1LS3
£425K06/210.87 mi31, Glazebrook Close, London, Greater London SE21 8RP3
£850K10/200.92 mi17b, Knollys Road, London, Greater London SW16 2JJ3
£985K05/210.92 mi100, Leigham Vale, London, Greater London SW2 3JH3
£852.5K02/210.94 mi11, Spenser Mews, London, Greater London SE21 8SN3
£617.5K01/210.95 mi161, Leigham Court Road, London, Greater London SW16 2SE3
£475K07/230.95 mi167, Leigham Court Road, Streatham, London, Greater London SW16 2SE3

Local Rents

50 rents from £1.7K/mo to £2.3M/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,80008/240.13 miNorwood Park Road London SE273
£2,50012/240.13 mi-3
£2,30008/240.13 miGipsy Road London SE273
£2,50008/240.15 miElder Road , Norwood , London3
£2,60008/240.21 mi-3
£2,50008/240.23 miLadas Road, West Norwood, London, SE273
£2,50011/240.27 mi-3
£2,80008/240.27 miRommany Road London SE273
£2,50008/240.29 miTivoli Road, Knight's Hill, SE273
£2,10008/240.3 miDassett Road West Norwood SE273
£3,60010/240.31 mi-3
£3,60010/240.31 mi-3
£3,60010/240.31 mi-3
£2,25008/240.32 miNorwood High Street, London, SE273
£2,60001/250.35 mi-3
£2,70009/240.36 miClive Road, West Dulwich, West Norwood, Gipsy Hill, Tulse Hill, SE213
£2,60001/250.36 mi-3
£2,59508/240.39 miTritton Road, London3
£3,30010/240.41 mi-3
£2,30008/240.41 miKnights Hill, West Norwood3
£1,69510/240.42 mi-3
£2,30002/240.43 mi-3
£2,30002/240.43 mi-3
£2,60008/240.43 mi-3
£2,30003/250.44 mi-3
£3,50009/240.46 miCheviot Road, West Norwood, London, SE273
£2,45009/240.46 mi-3
£3,00009/240.47 mi-3
£2,00008/240.48 miQueen Mary Road, Upper Norwood, London, SE193
£2,25008/240.49 mi2 Myton Road, West Dulwich, London, SE213
£2,35001/250.5 mi-3
£1,95003/250.5 mi-3
£2,65008/240.51 miCentral Hill, London, SE193
£2,30008/240.52 miCentral Hill, London, SE193
£2,10008/240.53 miRosendale Road, London, SE213
£2,19508/240.53 miThurlow Park Road, London, SE213
£2,65008/240.53 miCentral Hill, Crystal Palace, London, SE193
£3,40008/240.53 miSt Julians Farm Road, West Norwood, London, SE273
£2,300,53011/230.55 miHainthorpe Road, London, SE273
£2,90008/240.56 miCasewick Road, West Norwood, London, SE273
£4,80012/240.6 mi-3
£2,15012/240.6 mi-3
£2,30012/240.6 mi-3
£2,95008/240.6 miWaylett Place, West Norwood, London, SE273
£2,25009/240.6 miYeoman Close, London, SE273
£2,70008/240.6 miSelsdon Road, West Norwood, SE273
£2,30008/240.6 miYeoman Close, West Norwood3
£2,85008/240.61 mi-3
£2,85003/250.61 mi-3
£2,90003/250.62 mi-3

Local Area Statistics

Population in SE27

21,358

Population in London

4,771,921

Town centre distance

6.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-20%

Sales demand

Balanced market

Capital growth (5yrs)

-4%

Property History

Price changed to £315,000

February 4, 2025

Listed for £325,000

November 21, 2024

Floor Plans

Description

  • Leasehold +
  • Purpose Built +
  • First Floor +
  • Three Bedrooms +
  • Balcony +
  • Excellent Transport Links +
  • Prime Location +
  • Energy Efficiency Rating: C +

Unveiled to the SE27 market is this three-bedroom purpose built flat, situated on the cusp of West Norwood and Crystal Palace.

Inside the property its boasts three bedrooms which all are fantastic sized, a large reception room, a spacious kitchen with plenty of work surface space. The family bathroom is tiled and has an additional WC which is separate. Off the reception room you have your French doors which leads you to your private balcony which overlooks the communal grounds. All windows are double glazed and there is also gas central heating throughout. The property would be ideal as both a residential or buy to let investment purchase due to the great location and amazing space on offer.

For your everyday commuter local buses outside of the development take you into West Norwood Station servicing direct links into London Victoria & London Bridge every 15 minutes. The vibrant Norwood High Street & Crystal Palace Triangle are both within easy reach and offers an abundance of restaurants, cafes, cinemas, libraries and shops for your pleasure!

Lease Length: 87 Years
Service Charge: £250 p m
Ground Rent: 10 pa
Council Tax Band: C
Energy Efficiency Rating: C

Agent Details

Acorn, Crystal Palace

020 8103 3840

Next Steps?

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