3 Bed House, Refurb/BRRR, London, SW16 6QN, £699,950

3 Greyswood Street, Furzedown, SW16 - 1 views - 5 months ago

Sold STC
Refurb/BRRR
~93 m²
+1 photos

ValuationOvervalued

Sold Prices£210.5K - £925K
Sold Prices/m²£2.4K/m² - £10.3K/m²

 

 

Square Metres

~93 m²
Price/m²£7.5K/m²

Value Estimate

£610,089

 

 

End Value (After Refurb)

£708,125

Uplift in Value

+-6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£174,988

Stamp Duty & Legal Fees

£48,700

Refurb Costs

£49,214

Bridging Loan Interest

£18,374

Total Cash In

£293,025

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£708,125

Mortgage (After Refinance)

£531,094

Mortgage LTV

75%

Cash Released

£6,131

Cash Left In

£286,893

Equity

£177,031

Rent Range

£1,900 - £3,500

Rent Estimate

£2,615

Running Costs/mo

£2,756

Cashflow/mo

£-141

Cashflow/yr

£-1,691

Gross Yield

4%

Local Sold Prices

51 sold prices from £210.5K to £925K, average is £686K. £2.4K/m² to £10.3K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£759.7K08/230.04 mi38, Greyswood Street, London, Greater London SW16 6QN3
£515K02/210.09 mi191, Nimrod Road, London, Greater London SW16 6TN3
£715K06/210.1 mi151, Ribblesdale Road, London, Greater London SW16 6SP3
£710K11/210.13 mi8, Edencourt Road, London, Greater London SW16 6QP3
£560K01/230.14 mi14, Beclands Road, London, Greater London SW17 9TJ3
£665K02/230.16 mi210, Mitcham Lane, London, Greater London SW16 6NT3
£586K02/230.16 mi32, Beclands Road, London, Greater London SW17 9TJ3
£705K02/230.19 mi4, Beclands Road, London, Greater London SW17 9TJ3
£568K01/240.19 mi30, Beclands Road, London, Greater London SW17 9TJ3
£568K01/240.19 mi30, Beclands Road, London, Greater London SW17 9TJ3
£750K01/210.19 mi37, Vectis Road, London, Greater London SW17 9RF3
£775K09/230.19 mi33, Vectis Road, London, Greater London SW17 9RF3
£470K12/200.22 mi4, Vectis Road, London, Greater London SW17 9RG3
£700K04/230.22 mi36, Vectis Road, London, Greater London SW17 9RG3
£745K03/230.22 mi15, Longstone Road, London, Greater London SW17 9BN3
£210.5K08/230.22 mi162, Seely Road, London, Greater London SW17 9QZ3
£620K03/210.22 mi115, Southcroft Road, London, Greater London SW17 9TN3
£660K02/230.22 mi101, Southcroft Road, London, Greater London SW17 9TN3
£707.5K09/210.23 mi5, Eastwood Street, London, Greater London SW16 6PT3
£775.1K04/230.23 mi56, Credenhill Street, London, Greater London SW16 6PR3
£635K06/210.24 mi146, Seely Road, London, Greater London SW17 9QY3
£670K01/230.24 mi130, Seely Road, London, Greater London SW17 9QY3
£825K09/210.24 mi51, Corsehill Street, London, Greater London SW16 6NE3
£670K03/230.26 mi36, Rural Way, London, Greater London SW16 6PF3
£710K03/230.26 mi3, Ipswich Road, London, Greater London SW17 9RH3
£686K05/230.26 mi203, Fallsbrook Road, London, Greater London SW16 6DY3
£550K03/210.27 mi22, Hailsham Road, London, Greater London SW17 9EN3
£625K09/220.29 mi3, Freshwater Road, London, Greater London SW17 9TG3
£835K10/200.29 mi3, Gracedale Road, London, Greater London SW16 6SW3
£727.5K09/210.3 mi31, Daleside Road, London, Greater London SW16 6SN3
£705K10/210.3 mi1, Freshwater Road, London, Greater London SW17 9TG3
£700K03/210.31 mi21, Ridge Road, Mitcham, Greater London CR4 2ET3
£570K06/210.32 mi54, Welham Road, London, Greater London SW17 9BT3
£710K09/220.32 mi99, Seely Road, London, Greater London SW17 9QP3
£775K10/230.33 mi126, Links Road, London, Greater London SW17 9ES3
£695K09/210.33 mi9, Cunliffe Street, London, Greater London SW16 6DS3
£625K12/210.33 mi19, Frinton Road, London, Greater London SW17 9EH3
£655K11/200.34 mi81, Ashbourne Road, Mitcham, Greater London CR4 2BF3
£720K04/230.34 mi124, Leverson Street, London, Greater London SW16 6DE3
£550K01/230.35 mi127, Besley Street, London, Greater London SW16 6BG3
£780K03/210.36 mi158, Crowborough Road, London, Greater London SW17 9QG3
£770K04/230.36 mi152, Crowborough Road, London, Greater London SW17 9QG3
£490K03/210.36 mi31, Caithness Road, Mitcham, Greater London CR4 2EY3
£575K01/210.36 mi49, Westcote Road, London, Greater London SW16 6BN3
£700K01/230.38 mi42, Besley Street, London, Greater London SW16 6BD3
£525K01/230.38 mi10, Leverson Street, London, Greater London SW16 6DD3
£680K07/230.38 mi36, Leverson Street, London, Greater London SW16 6DD3
£640K11/200.39 mi79, Links Road, London, Greater London SW17 9EF3
£895K11/200.39 mi54, Crowborough Road, London, Greater London SW17 9QQ3
£925K11/210.4 mi53, Rectory Lane, London, Greater London SW17 9PY3
£630K11/200.41 mi71, Seely Road, London, Greater London SW17 9QP3

Local Rents

51 rents from £1.9K/mo to £3.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£3,00010/240.08 mi-3
£2,40009/240.19 miMitcham Lane, Streatham, SW163
£2,10009/240.22 miBeclands Road London SW173
£3,20009/240.24 mi-3
£2,40009/240.24 mi-3
£2,50001/250.26 mi-3
£2,50001/250.26 mi-3
£2,65009/240.28 mi-3
£2,10010/240.28 mi-3
£2,80009/240.29 miRibblesdale Road, LONDON3
£1,90009/240.32 miMitcham Lane, Streatham, SW163
£2,25004/250.33 mi-3
£2,80009/240.33 miLinks Road, London3
£2,75011/240.33 mi-3
£3,25003/240.33 miAshbourne Road, Tooting3
£2,50002/240.33 mi-3
£2,40010/240.34 mi-3
£2,45009/240.35 miSouthcroft Road, Tooting, SW173
£2,20004/250.37 mi-3
£2,20004/250.37 mi-3
£2,34509/240.39 miCrowborough Road, Tooting, SW17 3
£3,30011/240.4 mi-3
£2,80012/240.4 mi-3
£2,50003/240.41 miAshbourne Road, Mitcham CR43
£2,55009/240.41 miSeely Road London SW173
£3,50009/240.41 miBoscombe Road, London, SW173
£2,40003/240.42 miStanley Road, Tooting3
£3,00005/240.42 miAshbourne Road, Mitcham, CR43
£2,37503/240.44 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.44 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.44 miHill Road, Mitcham/ Tooting Borders, CR43
£2,30005/240.44 mi-3
£2,25002/250.44 mi-3
£2,60004/250.44 mi-3
£2,40003/240.44 miStanley Road, Mitcham, Surrey, CR43
£2,80002/250.45 mi-3
£2,50009/240.45 miSeely Road, London, SW173
£2,20003/240.46 miEdenvale Road Mitcham CR43
£2,20003/250.46 mi-3
£2,85010/240.46 mi-3
£2,70003/250.46 mi-3
£2,80004/240.46 miStreatham Road Mitcham CR43
£2,20005/240.47 mi-3
£2,70009/240.49 miLinks Road, Tooting3
£2,40009/240.5 miCanmore Gardens, London, SW163
£2,77203/250.51 mi-3
£2,05004/250.51 mi-3
£2,45004/240.51 miGrenfell Road, Tooting, London, CR43
£2,20009/240.51 miCanmore Gardens3
£2,25003/240.52 miHeaton Road, Mitcham, Surrey, CR43
£2,50009/240.52 miOtterburn Street, London3

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

7.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £699,950

January 19, 2025

Listed for £750,000

November 25, 2024

Floor Plans

Description

A three bedroom period family home located on a popular street in Furzedown, requiring modernisation and being offered to the market with no onward chain complications. Highlights include a bright and airy through reception room, a family bathroom and a kitchen which leads out to a private garden. The first floor offers three bedrooms and there is potential to extend into the loft space (STPP). Greyswood Street is a peaceful tree-lined residential street situated in the heart of Furzedown. Tooting's Thameslink and Streatham Common stations are both 0.8m away giving access to Victoria and the City. The pavement cafes and shops of Moyser Road are also within easy reach.

Agent Details

Aspire, Furzedown

020 3835 4111

Next Steps?

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