2 Bed Flat, Single Let, London, SE20 8FB, £280,000

Weighton Road, Anerley, SE20 8FB - 4 views - 4 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£237K - £525K
Sold Prices/m²£4.9K/m² - £9.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£338,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,250 - £2,000

Rent Estimate

£1,294

Running Costs/mo

£1,154

Cashflow/mo

£140

Cashflow/yr

£1,682

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237K to £525K, average is £360K. £4.9K/m² to £9.2K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£240K07/230.08 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£292.5K04/210.12 miFlat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR2
£410K05/210.13 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£427.5K05/210.13 mi16a, Tremaine Road, London, Greater London SE20 7TZ2
£272.5K03/210.14 mi62, Selby Road, London, Greater London SE20 8SG2
£450K04/230.14 mi11a, Samos Road, London, Greater London SE20 7UQ2
£425K01/210.15 mi6a, Samos Road, Anerley, London, Greater London SE20 7TU2
£400K06/210.15 mi30a, Samos Road, London, Greater London SE20 7TU2
£310K11/200.16 mi12, Cranleigh Close, London, Greater London SE20 8TW2
£415K02/210.16 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£265K03/230.16 miFlat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT2
£275K08/210.18 miFlat 1, Shipley Court, Selby Road, London, Greater London SE20 8SE2
£300K11/200.19 mi13, Haysleigh Gardens, London, Greater London SE20 8SS2
£333.3K06/210.21 miA, 43, Samos Road, London, Greater London SE20 7TX2
£320K03/210.21 mi11b, Worbeck Road, London, Greater London SE20 7SW2
£375K06/210.23 mi23, Bourdon Road, London, Greater London SE20 7SP2
£255K11/200.24 miFlat 29, Sherborne Court, Elmers End Road, London, Greater London SE20 7SL2
£335.5K06/210.25 miFlat 7, Bettswood Court, Anerley Road, London, Greater London SE20 8EH2
£360K07/210.25 mi190a, Anerley Road, London, Greater London SE20 8TQ2
£370K04/210.25 mi85b, Marlow Road, London, Greater London SE20 7XR2
£385K01/210.32 mi16, Felmingham Road, Anerley, London, Greater London SE20 7YD2
£525K06/210.35 mi16, Maple Road, London, Greater London SE20 8HB2
£300K12/200.36 mi8a, Jasmine Grove, London, Greater London SE20 8JW2
£423.5K08/210.38 mi223, Ravenscroft Road, Beckenham, Greater London BR3 4TE2
£380K03/210.41 mi214, Birkbeck Road, Beckenham, Greater London BR3 4SX2
£261K09/210.44 miFlat 14, Roberts Court, Maple Road, London, Greater London SE20 8JJ2
£265K02/230.44 miFlat 5, Roberts Court, Maple Road, London, Greater London SE20 8JJ2
£380K04/230.47 mi4, Sycamore Grove, London, Greater London SE20 8BS2
£362.5K01/230.48 mi259, Mackenzie Road, Beckenham, Greater London BR3 4SH2
£292.5K12/200.5 mi25a, Lancaster Road, London, Greater London SE25 4BJ2
£360K11/210.51 mi177, Ravenscroft Road, Beckenham, Greater London BR3 4TN2
£237K12/200.52 miFlat 22, Avenue Court, Avenue Road, London, Greater London SE20 7RX2
£320K03/210.52 miFlat 3, Howard House, Howard Road, London, Greater London SE20 8HH2
£320K08/210.52 miFlat 1, Howard House, Howard Road, London, Greater London SE20 8HH2
£314K01/210.56 miFlat 9, Brooklyn, Anerley Road, London, Greater London SE20 8AZ2
£515K04/210.56 mi44, Maberley Road, London, Greater London SE19 2JA2
£290K08/210.56 miFlat 22, Brooklyn, Anerley Road, London, Greater London SE20 8AZ2
£365K01/210.57 mi36, Archer Road, London, Greater London SE25 4JN2
£300K09/210.57 mi50, Archer Road, London, Greater London SE25 4JN2
£312K01/210.59 miFlat 18, Melbourne Court, Anerley Road, London, Greater London SE20 8AR2
£350K01/210.59 mi115, Harrington Road, London, Greater London SE25 4NP2
£428.5K06/230.59 mi109, Birkbeck Road, Beckenham, Greater London BR3 4SR2
£405K03/230.59 mi27b, Anerley Park, London, Greater London SE20 8NF2
£421K07/230.59 mi290, Blandford Road, Beckenham, Greater London BR3 4NL2
£350.5K11/200.59 mi316, Blandford Road, Beckenham, Greater London BR3 4NL2
£369.5K10/210.59 mi268, Blandford Road, Beckenham, Greater London BR3 4NL2
£475K07/230.59 mi45a, Sylvan Road, London, Greater London SE19 2RU2
£465K02/210.59 mi21c, Sylvan Road, London, Greater London SE19 2RU2
£415K01/210.6 miFlat 16, Bedford Court, Mowbray Road, London, Greater London SE19 2RW2
£400K06/210.6 miFlat 6, Bedford Court, Mowbray Road, London, Greater London SE19 2RW2

Local Rents

49 rents from £1.3K/mo to £2K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70003/250.07 mi-2
£1,60008/240.07 miStembridge Road, London, SE202
£1,75008/240.13 mi-2
£1,70008/240.13 mi-2
£1,70008/240.13 mi-2
£1,70008/240.13 mi-2
£1,50009/240.2 miMarita Court SE202
£1,75008/240.21 miHarcourt Mansions, Penge Road, London, SE202
£1,50003/250.23 mi-2
£1,60008/240.23 miMarlow Road, London, SE202
£1,60010/240.23 mi-2
£1,75008/240.24 mi-2
£1,82508/240.24 miAnerley Road, London, SE202
£1,92008/240.25 mi-2
£1,45008/240.25 mi-2
£1,40008/240.26 miWheathill Road, London, 2
£1,90008/240.27 miMaple Road London SE202
£1,50008/240.27 miMaple Road, Anerley, SE202
£1,60008/240.27 mi-2
£1,75008/240.28 miAnerley Road, London, SE202
£1,90008/240.28 miCambridge Road London SE202
£1,85009/240.28 mi-2
£1,85008/240.28 mi-2
£1,85002/240.28 mi-2
£1,95008/240.29 miElder Oak Close London SE202
£1,80011/240.3 mi-2
£1,55008/240.33 mi-2
£1,30010/240.33 mi-2
£1,60008/240.33 miCroydon Road, Anerley2
£1,85008/240.34 miKings Road, South Norwood, London, SE252
£1,60008/240.34 miMinden Road, London, SE202
£1,60008/240.34 miAnerley Station Road, LONDON, SE20 8PT2
£1,50008/240.35 miAnerley Station Road, Anerley2
£1,65008/240.36 mib Warminster Road, London2
£1,75002/250.36 mi-2
£1,60008/240.39 miRegina Road, London2
£1,95010/240.39 mi-2
£1,62504/250.39 mi-2
£1,25011/230.41 miRegina Road, South Norwood, SE252
£1,65012/240.41 mi-2
£1,60008/240.41 miAnerley Road, LONDON, SE20 8AJ2
£1,85008/240.41 miAnerley Road, LONDON, SE20 8AJ2
£1,30004/250.41 mi-2
£1,80003/240.42 miElmers End Road, Beckenham, BR32
£2,00008/240.43 mi-2
£2,00008/240.44 miApple Yard, London, SE202
£1,85001/250.44 mi-2
£2,00002/250.44 mi-2
£1,70008/240.45 mi-2

Local Area Statistics

Population in SE20

22,821

Population in London

4,771,921

Town centre distance

8.57 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £280,000

November 27, 2024

Floor Plans

Description

  • Two bedrooms +
  • Spacious living room +
  • Bathroom +
  • Parking space +
  • Long lease +
  • Fitted kitchen +
  • Chain free +
  • EPC rating C +

Guide price £280,000 to £300,000. Chain Free- Two bedroom apartment with parking and lift in block located a short walk from Norwood Junction Overground.
Council Tax Band: C
Tenure: Leasehold

Original length of lease: 189 years
Date lease commences: 01/04/2007
Service charge: Approx: £2,736.00 per annum
Ground Rent: Approx: £0 per annum

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Sydenham

020 3870 5051

Next Steps?

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