5 Bed Terraced House, Refurb/BRRR, London, SE26 5EF, £550,000

8 Venner Road, London, Greater London, SE26 5EF - 21 views - 4 months ago

Sold STC
Refurb/BRRR
117 m²
+13 photos

ValuationUndervalued

Sold Prices£470K - £2.3M
Sold Prices/m²£4.3K/m² - £12K/m²

 

 

Square Metres

117.14 m²
Price/m²£4.7K/m²

Value Estimate

£566,500
BMV3%

 

 

End Value (After Refurb)

£730,863

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Refurb Costs

£61,988

Bridging Loan Interest

£14,438

Total Cash In

£248,375

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£730,863

Agent Fees (1%)

£7,309

Bridging Loan

£412,500

Bridging Loan Interest

£14,438

Flip Profit

£62,679

Local Sold Prices

50 sold prices from £470K to £2.3M, average is £1.1M. £4.3K/m² to £12K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£765K06/230.12 mi137, Newlands Park, Sydenham, London, Greater London SE26 5PP5
£900K07/220.18 mi73, Byne Road, London, Greater London SE26 5JG5
£960K08/230.19 mi58, Byne Road, London, Greater London SE26 5JD5
£1.1M08/220.2 mi58, Newlands Park, Sydenham, London, Greater London SE26 5NE5
£1.2M10/200.22 mi26, Queensthorpe Road, London, Greater London SE26 4PH5
£1.0M12/220.23 mi78, Tannsfeld Road, London, Greater London SE26 5DG5
£950K12/220.25 mi7, Kinver Road, London, Greater London SE26 4NT5
£945K06/210.29 mi5, Wiverton Road, London, Greater London SE26 5JA5
£955K12/200.3 mi20, Dukesthorpe Road, London, Greater London SE26 4PB5
£1.3M02/230.32 mi5, Lawrie Park Gardens, London, Greater London SE26 6HW5
£950K11/200.33 mi156, Venner Road, London, Greater London SE26 5JQ5
£1.2M05/230.35 mi49, Bishopsthorpe Road, London, Greater London SE26 4PA5
£791K11/200.37 mi155, Venner Road, London, Greater London SE26 5HX5
£715K10/210.38 mi222, Venner Road, London, Greater London SE26 5HT5
£860K06/210.39 mi40, Knighton Park Road, London, Greater London SE26 5RL5
£883K11/220.39 mi46, Knighton Park Road, London, Greater London SE26 5RL5
£675K03/210.41 mi54, Longton Grove, London, Greater London SE26 6QE5
£1.9M06/210.42 mi35, Cator Road, London, Greater London SE26 5DT5
£1.9M06/210.43 mi35, Cator Road, London, Greater London SE26 5DT5
£780K06/210.45 mi10, Station Road, London, Greater London SE20 7BQ5
£808K09/230.47 mi19, Linden Grove, London, Greater London SE26 5PH5
£780K03/210.49 mi8, Phoenix Road, London, Greater London SE20 7BT5
£685K12/200.5 mi45, Lennard Road, London, Greater London SE20 7LX5
£1.3M12/220.58 mi51, Mayow Road, London, Greater London SE23 2XH5
£1.1M06/210.59 mi59, Mayow Road, London, Greater London SE23 2XH5
£830K01/210.6 mi37, Cheseman Street, London, Greater London SE26 4RA5
£1.1M11/210.6 mi61, Lennard Road, London, Greater London SE20 7LY5
£1.3M06/210.64 mi37, Longton Avenue, London, Greater London SE26 6RE5
£1.1M09/210.66 mi39, Panmure Road, London, Greater London SE26 6NB5
£1.1M11/220.67 mi43, Panmure Road, London, Greater London SE26 6NB5
£1.4M08/230.67 mi39, Panmure Road, London, Greater London SE26 6NB5
£651K11/210.68 mi33, Wordsworth Road, London, Greater London SE20 7JF5
£885K07/230.69 mi26, Panmure Road, London, Greater London SE26 6NA5
£1.3M06/210.69 mi37, Longton Avenue, London, Greater London SE26 6RE5
£1.0M06/220.74 mi19, Radlet Avenue, London, Greater London SE26 4BZ5
£2.3M09/210.74 miOak House, Mount Gardens, London, Greater London SE26 4NG5
£2.3M09/210.74 miOak House, Mount Gardens, London, Greater London SE26 4NG5
£1.3M03/210.76 mi105, Lennard Road, Beckenham, Greater London BR3 1QR5
£1.4M06/210.77 mi40, Thorpewood Avenue, London, Greater London SE26 4BX5
£1.4M06/210.79 mi40, Thorpewood Avenue, London, Greater London SE26 4BX5
£1.2M08/220.79 mi28, Thorpewood Avenue, London, Greater London SE26 4BX5
£1.1M11/200.79 mi261, Kent House Road, Beckenham, Greater London BR3 1JQ5
£1.4M07/230.79 mi293, Kent House Road, Beckenham, Greater London BR3 1JQ5
£1.3M06/230.81 mi21, Thorpewood Avenue, London, Greater London SE26 4BU5
£980K08/220.83 mi54, Derby Hill, London, Greater London SE23 3YD5
£470K02/210.83 mi8, Talisman Square, London, Greater London SE26 6XY5
£730K03/210.86 mi45, Kingsdale Road, London, Greater London SE20 7PR5
£1.9M12/210.87 mi3, Dome Hill Park, London, Greater London SE26 6SP5
£1.3M11/200.91 mi26, Kings Hall Road, Beckenham, Greater London BR3 1LU5
£650K02/210.98 mi33, Kenilworth Road, London, Greater London SE20 7QG5

Local Rents

49 rents from £1.7K/mo to £4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50008/240.06 miHomecroft Road, Sydenham, SE264
£2,50010/240.15 mi-3
£2,50010/240.15 mi-3
£2,35009/240.15 mi-3
£1,70008/240.15 miSydenham Road, London, SE263
£2,30009/240.16 mi-3
£2,70001/250.19 mi-4
£2,40001/250.2 mi-5
£2,70002/250.2 mi-5
£3,65008/240.2 miEarlsthorpe Road London SE264
£2,50008/240.21 miWiverton Road, London3
£2,50008/240.23 miGirton Road, Sydenham, London, SE263
£3,59703/250.25 mi-3
£2,50012/240.26 mi-4
£2,40008/240.26 miBurnage Court, Sydenham3
£2,25008/240.29 miSheenewood Sydenham SE233
£2,25008/240.29 miSheenewood Sydenham SE263
£2,00009/240.29 miSheenwood, Sydenham3
£2,80008/240.29 miWiverton Road, London, Greater London, SE263
£3,65008/240.29 miVenner Road Sydenham SE265
£2,25008/240.3 miSheenewood, London, SE263
£2,35008/240.3 miSheenewood, London, SE263
£3,00003/250.31 mi-3
£2,00008/240.33 mi-3
£3,00008/240.36 miSydenham Park Road, London, SE263
£3,15009/240.36 mi-3
£2,19508/240.39 miSydenham Avenue, London, SE263
£2,19510/240.39 mi-3
£2,19510/240.39 mi-3
£2,10001/250.4 mi-3
£3,60009/240.41 mi-3
£2,50008/240.43 miHillmore Grove, London, SE263
£2,70008/240.43 miSydenham Park, London, SE263
£2,50008/240.43 miSydenham Park, London, SE263
£2,85003/250.45 mi-4
£2,50008/240.45 mi-4
£2,75008/240.45 mi-4
£2,30008/240.45 miKirkdale, Sydenham, SE264
£2,50008/240.45 miBroseley Grove, Sydenham3
£2,50012/240.46 mi-3
£3,75011/240.47 mi-3
£1,95001/250.47 mi-3
£2,30008/240.48 miKirkdale London SE264
£2,30008/240.49 miAdamsrill Road, London3
£4,00008/240.5 miWoodbastwick Road, London, SE266
£2,27508/240.51 miBurghill Road, Sydenham, SE264
£2,27509/240.51 mi-4
£2,10008/240.51 miKent House Road, London, SE26 5LJ3
£2,40008/240.52 miOrmanton Road, Sydenham, London, SE263

Local Area Statistics

Population in SE26

28,455

Population in London

4,771,921

Town centre distance

7.43 miles away

Nearest school

0.40 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £550,000

November 29, 2024

Sold for £195,000

2004

Floor Plans

Description

  • In need of modernisation throughout +
  • Overall floor area 119sqm +
  • Five good sized bedrooms +
  • 26' Kitchen/diner +
  • Rear garden +
  • No chain +
  • Off street parking +
  • Two bathrooms +
  • 15' Lounge +
  • Well located for Sydenham station +

Spacious terraced townhouse in need of complete modernisation throughout. Benefitting from five good sized bedrooms, 26' kitchen/diner, two bathrooms, rear garden, off street parking for two cars and being sold with no onward chain. Overall floor area is 119sqm.
Ideally located for Sydenham station and Sydenham high street and within walking distance of schools and the award winning Mayow Park.

Key Terms
In need of modernisation throughout
Overall floor area 119sqm
Five good sized bedrooms
26' Kitchen/diner
Rear garden
No chain
Off street parking
Two bathrooms
15' Lounge
Well located for Sydenham station
Within walking distance of shops, schools and the award winning Mayow Park

Agent Details

Robinson Jackson, Sydenham

020 3889 9138

Next Steps?

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