3 Bed Semi-Detached House, Single Let, Mitcham, CR4 1BJ, £475,000

98 Meopham Road, Mitcham, Greater London, CR4 1BJ - 1 views - 4 months ago

BTL
ROI: 1%
94 m²
+4 photos

ValuationUndervalued

Sold Prices£418K - £690K
Sold Prices/m²£3.9K/m² - £8.3K/m²

 

 

Square Metres

94 m²
Price/m²£5.1K/m²

Value Estimate

£553,929
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Rent Range

£2,000 - £1,850,430

Rent Estimate

£2,100

Running Costs/mo

£1,924

Cashflow/mo

£176

Cashflow/yr

£2,108

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £418K to £690K, average is £495K. £3.9K/m² to £8.3K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£450K11/200 mi96, Meopham Road, Mitcham, Greater London CR4 1BJ3
£601K01/230.11 mi45, Rowan Crescent, London, Greater London SW16 5JA3
£568K02/230.12 mi61, Rowan Crescent, London, Greater London SW16 5JA3
£455K02/210.12 mi21, Rowan Crescent, London, Greater London SW16 5JA3
£495K04/230.13 mi146, Rowan Road, London, Greater London SW16 5JQ3
£465K09/210.17 mi326, Grove Road, Mitcham, Greater London CR4 1AB3
£430K06/230.19 mi107, Grove Road, Mitcham, Greater London CR4 1AE3
£420K06/210.19 mi25, Church Walk, London, Greater London SW16 5JH3
£487K02/210.24 mi22, St Olaves Walk, London, Greater London SW16 5QQ3
£490K06/210.24 mi12, Tomblin Mews, London, Greater London SW16 5FR3
£490K03/210.25 mi12, Cranesbill Close, London, Greater London SW16 5QL3
£497K07/210.26 mi54, Fieldend Road, London, Greater London SW16 5SS3
£450K12/210.27 mi4, Lime Tree Place, Mitcham, Greater London CR4 1AR3
£525K04/230.27 mi13, Hassocks Road, London, Greater London SW16 5EU3
£535K02/210.28 mi78, Fieldend Road, London, Greater London SW16 5SU3
£525K07/230.3 mi24, Lymington Close, London, Greater London SW16 4QL3
£690K04/230.3 mi181, Abercairn Road, London, Greater London SW16 5AJ3
£455K12/210.32 mi87, Grove Road, Mitcham, Greater London CR4 1SL3
£545K12/220.32 mi25, Rosemead Avenue, Mitcham, Greater London CR4 1EZ3
£517.5K07/230.35 mi20, Rosemead Avenue, Mitcham, Greater London CR4 1EY3
£495K11/200.36 mi13, Middle Way, London, Greater London SW16 4HN3
£529K11/210.36 mi17, Churchmore Road, London, Greater London SW16 5UY3
£495K05/230.36 mi104, Edgehill Road, Mitcham, Greater London CR4 2HW3
£550K05/230.36 mi31, Kingsmead Avenue, Mitcham, Greater London CR4 1ES3
£490K12/220.37 mi25, Kingsmead Avenue, Mitcham, Greater London CR4 1ES3
£687K12/220.38 mi87, Edgehill Road, Mitcham, Greater London CR4 2HZ3
£495K06/210.38 mi30, Hill Road, Mitcham, Greater London CR4 2HQ3
£550K12/200.39 mi121, Abercairn Road, London, Greater London SW16 5AH3
£570K09/220.39 mi34, Hill Road, Mitcham, Greater London CR4 2HQ3
£418K02/210.39 mi12, Sunnymead Avenue, Mitcham, Greater London CR4 1EU3
£460K04/210.39 mi16, Edgehill Road, Mitcham, Greater London CR4 2HU3
£495K11/220.39 mi8, Sunnymead Avenue, Mitcham, Greater London CR4 1EU3
£540K06/230.4 mi12, Rowan Road, London, Greater London SW16 5JL3
£600K12/200.4 mi230, Abercairn Road, London, Greater London SW16 5AQ3
£450K05/230.4 mi16, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£452K12/220.41 mi36, Malvern Close, Mitcham, Greater London CR4 1EH3
£470K03/210.42 mi22, Hammond Avenue, Mitcham, Greater London CR4 1SR3
£595K12/210.42 mi18, Sherwood Avenue, London, Greater London SW16 5EW3
£455K10/210.43 mi171, Manor Way, Mitcham, Greater London CR4 1EN3
£461K07/220.43 mi30, Hoylake Gardens, Mitcham, Greater London CR4 1ET3
£575K12/220.44 mi95, Melrose Avenue, Mitcham, Greater London CR4 2ED3
£560K11/200.44 mi86, Melrose Avenue, Mitcham, Greater London CR4 2EJ3
£422.5K04/210.44 mi20, Hammond Avenue, Mitcham, Greater London CR4 1SR3
£550K03/210.45 mi89, Park Avenue, Mitcham, Greater London CR4 2ES3
£512K04/230.45 mi27, Braeside Road, London, Greater London SW16 5BG3
£625K11/220.46 mi51, Tamworth Lane, Mitcham, Greater London CR4 1DG3
£445K03/210.46 mi191, Stanford Road, London, Greater London SW16 4QG3
£428K03/210.46 mi131, Manor Way, Mitcham, Greater London CR4 1EJ3
£515K12/200.46 mi104, Sherwood Avenue, London, Greater London SW16 5EJ3
£527.5K03/230.47 mi94, Sherwood Avenue, London, Greater London SW16 5EJ3

Local Rents

50 rents from £2K/mo to £1.9M/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,50004/240.04 miNeptune Court, Mitcham, CR43
£2,60005/240.05 miMeopham Road, Mitcham, CR43
£2,60005/240.07 mi-3
£2,20009/240.08 mi-3
£3,00003/240.09 mi-3
£3,00003/240.09 miNeptune Court, Mitcham, CR43
£2,10009/240.11 mi-3
£2,00009/240.11 mi-3
£2,10009/240.13 mi-3
£2,60009/240.14 miEbenezer Walk, LONDON3
£2,10002/240.22 mi-3
£2,30003/240.32 miRosemead Avenue, Mitcham, CR43
£2,20009/240.36 miStockport Road, London, SW163
£2,80009/240.36 miChurchmore Road, Streatham Common, SW163
£2,60003/240.38 miEdgehill Road, Mitcham, CR43
£2,60003/240.38 miEdgehill Road, MITCHAM3
£2,49502/250.39 mi-3
£2,10005/240.42 miEdgehill Road, Mitcham3
£2,00009/240.42 miBeckway Road, SW163
£2,30012/240.42 mi-3
£2,30005/240.43 mi-3
£2,37503/240.43 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.43 miHill Road, Mitcham/ Tooting Borders, CR43
£2,37504/240.43 miHill Road, Mitcham/ Tooting Borders, CR43
£2,30003/240.43 mi-3
£2,50012/240.44 mi-3
£2,30012/240.44 mi-3
£2,30002/250.44 mi-3
£2,80009/240.45 miBraeside Road, Streatham Common, SW163
£2,30003/250.46 mi-3
£2,40003/240.47 miCrossways Road, Mitcham, Surrey, CR43
£1,850,43010/230.53 miFernlea Road, Mitcham3
£2,70009/240.54 miBENETT GARDENS, Norbury, London, SW163
£2,20009/240.55 miCanmore Gardens3
£2,60009/240.55 mi-3
£2,25003/240.55 miGrove Road, Mitcham, CR43
£2,25003/240.55 mi-3
£2,25003/240.55 mi-3
£2,40009/240.55 miCanmore Gardens, London, SW163
£2,20009/240.56 miWoodmansterne Road, London3
£2,35003/240.57 miEastfields Road, Mitcham3
£2,85003/240.58 miFernlea Road Mitcham CR43
£2,30003/240.58 miAventine Avenue, MITCHAM3
£2,85004/240.58 miFernlea Road, Mitcham, CR43
£2,60004/240.58 miRobinhood Close, Mitcham, Surrey3
£2,16004/240.59 miVenice House, Mitcham, CR43
£2,55001/250.59 mi-3
£2,80004/240.6 miStreatham Road Mitcham CR43
£2,20003/240.61 miElmfield Avenue, Mitcham, CR43
£2,50009/240.61 mi-3

Local Area Statistics

Population in CR4

58,286

Town centre distance

0.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £475,000

November 25, 2024

Sold for £240,000

2006

Sold for £99,950

1999

Floor Plans

Description

  • Semi Detached +
  • Three Bedrooms +
  • Dining Room +
  • Double Glazing +
  • Gas Central Heating +
  • Off Street Parking +
  • Access To Amenities +

SUMMARY
A three bedroom house on Meoopham Road, accessed via Grove Road. The property boasts two reception rooms, three bedrooms, off-street parking and no onward chain.

DESCRIPTION
A three bedroom semi-detached house on Meopham Road, which is accessed via Grove Road on the Mitcham/Streatham Vale borders.
The property comprises; lounge, dining room and kitchen to the ground floor with three bedrooms, bathroom and separate w/c to the first floor.
Benefits include double glazing, gas central heating, off-street parking and no ongoing chain.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Mitcham

020 3835 4181

Next Steps?

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