3 Bed Flat, Single Let, London, SE25 4UX, £325,000

Portland Rd, London, SE25 4UX - 4 views - 4 months ago

Leasehold
BTL
ROI: 6%
~93 m²
+3 photos

ValuationUndervalued

Sold Prices£100K - £580K
Sold Prices/m²£3.7K/m² - £8.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£393,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,750 - £2,750

Rent Estimate

£1,850

Running Costs/mo

£1,406

Cashflow/mo

£444

Cashflow/yr

£5,333

ROI

6%

Gross Yield

7%

Local Sold Prices

23 sold prices from £100K to £580K, average is £408.3K. £3.7K/m² to £8.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£415K10/200.27 mi54, Birchanger Road, London, Greater London SE25 5BB3
£354K11/210.43 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£580K12/210.43 mi71, Tennison Road, London, Greater London SE25 5RY3
£280K05/210.56 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£420K08/210.66 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/210.66 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£390K01/210.69 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/210.69 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/210.69 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£435K09/230.7 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£408.3K03/210.7 mi46, Samos Road, London, Greater London SE20 7TU3
£445.5K12/200.75 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/210.75 mi40a, Samos Road, London, Greater London SE20 7TU3
£425K11/200.82 mi27a, Worbeck Road, London, Greater London SE20 7SW3
£345K06/210.9 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£530K10/220.91 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£100K06/230.91 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£320K02/230.95 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£290K02/210.97 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£285K10/200.99 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/230.99 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£280K10/200.99 mi199, Mersham Road, Thornton Heath, Greater London CR7 8NU3
£286K06/211 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3

Local Rents

50 rents from £1.8K/mo to £2.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,75009/240.09 mi-3
£2,26001/250.09 mi-3
£2,50002/250.11 mi-3
£2,20008/240.13 miAddison Road, London3
£1,89503/250.14 mi-3
£2,30008/240.16 miAlbert Road, SE253
£2,05011/240.16 mi-3
£2,40008/240.17 miSunny Bank, London, SE253
£2,50011/240.18 mi-3
£2,40008/240.18 miPortland Road, London3
£2,40008/240.18 miPortland Road, London3
£2,10008/240.19 mi-3
£1,90008/240.19 miCresswell Road, London3
£2,20003/250.25 mi-3
£2,00001/250.25 mi-3
£2,25008/240.27 miBirchanger Road, South Norwood3
£2,00008/240.29 miSidney Road, London, SE253
£2,00008/240.29 mi-3
£2,20001/250.29 mi-3
£2,40008/240.31 miOliver Avenue, South Norwood, London, SE253
£2,40008/240.32 mi-3
£2,30002/240.32 mi-3
£1,95003/250.32 mi-3
£2,10008/240.33 miSidney Road, London, SE253
£2,20008/240.33 mi-3
£2,20008/240.33 miPercy Road London SE253
£2,40008/240.34 miOliver Avenue, London, SE253
£2,10011/230.35 miTennison Road, London, SE253
£2,10008/240.35 miLancaster Road, London, Greater London, SE253
£1,80003/250.38 mi-3
£2,00008/240.39 miHambrook Road, London, SE253
£2,75008/240.39 mi-3
£2,65009/240.39 mi-3
£2,00012/240.4 miDavidson Road, Croydon, CR03
£2,30009/240.41 mi-3
£2,15012/240.42 miSutton Gardens, CROYDON3
£2,05008/240.43 miUpper Grove, South Norwood, SE253
£2,20008/240.43 miCourt Road, London, SE253
£1,79508/240.43 mi-3
£1,79508/240.43 mi-3
£1,85008/240.44 mi-3
£2,00008/240.45 miBrooklyn Avenue, South Norwood3
£2,00008/240.47 miWarminster Road, South Norwood, London, SE253
£2,00008/240.49 miOakley Road, South Norwood, London, SE253
£1,75003/250.49 mi-3
£2,30008/240.49 miHolmesdale Road, London3
£2,20008/240.51 miFerndale Road, LONDON3
£1,90011/230.52 miHarrington Road, London, SE253
£2,50008/240.53 mi-3
£2,50008/240.53 mi-3

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

December 3, 2024

Floor Plans

Description

  • Large Conversion Character Flat +
  • Ground Floor Position +
  • Three Bedrooms +
  • Double Glazing +
  • Gas Central Heating With Radiators +
  • Fitted Kitchen +
  • Bathroom In White +
  • Own Private Garden +
  • The Country Park Is Local +
  • Very Convenient For Transport & Amenities +

The entrance to this property is located at the right-hand side of the building, towards the rear. This large and deceptively spacious three-bedroom ground-floor character conversion flat is situated within an imposing building and offers exceptional convenience for transport links and local amenities. The flat features a fully fitted kitchen, a modern white bathroom, and a standout benefit of its own private garden - an increasingly sought-after feature in today's market. Additionally, the property is close to the picturesque Country Park, a popular local beauty spot. Portland Road and South Norwood High Street provide an eclectic mix of shops and cafés, enhancing the area’s vibrant community feel. Excellent transport options include the tram link, local buses, and Norwood Junction BR/Overground station, offering frequent services to London. Early viewing is highly recommended.

Tenure: Leasehold - Lease term: 125 years from 29th September 2007 - Service charge: vendor informs us £800.00 per year - Ground Rent: £400.00 per annum - EPC Rating: C - Pay & display parking/permits available

We carry out best endeavours to make our marketing material accurate and reliable, however they do not form part of any contract and is not to replied upon. 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.

For broadband and mobile phone coverage at the property in question please visit:

Agent Details

Homecastle Estate Agents, South Norwood

020 3856 8341

Next Steps?

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