2 Bed Flat, Single Let, London, SE13 5PA, £300,000

Halley Gardens, Lewisham, London, SE13 5PA - 3 views - 5 months ago

Leasehold

BTL

ROI: 4%

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£245K - £690K
Sold Prices/m²	£4.7K/m² - £10.3K/m²

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£375,000£375,000
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£12,700£12,700
Total Cash In	£87,700£87,700

Cash Out
Rent Range	£1,400 - £2,400£1,400 - £2,400
Rent Estimate	£1,588
Running Costs/mo	£1,275£1,275
Cashflow/mo	£313£313
Cashflow/yr	£3,755£3,755
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £245K to £690K, average is £385K. £4.7K/m² to £10.3K/m², average is £6.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£650K	12/20	0.04 mi	55, Belmont Park, London, Greater London SE13 5BW	£7,222	90	2	Flat
£303K	10/21	0.04 mi	18, Celestial Gardens, London, Greater London SE13 5RP	-	-	2	Flat
£324K	12/20	0.04 mi	11, Celestial Gardens, Lewisham, London, Greater London SE13 5RP	£6,022	54	2	Flat
£295K	04/21	0.05 mi	Flat 7, Lee Court, Lee High Road, London, Greater London SE13 5PE	-	-	2	Flat
£395K	11/20	0.11 mi	15b, Glenton Road, London, Greater London SE13 5RS	£7,182	55	2	Flat
£325K	09/21	0.11 mi	33a, Glenton Road, London, Greater London SE13 5RS	-	-	2	Flat
£400K	05/21	0.13 mi	75b, Gilmore Road, London, Greater London SE13 5AB	-	-	2	Flat
£314.6K	08/21	0.14 mi	Flat 29, Chesney House, Mercator Road, London, Greater London SE13 5EJ	-	-	2	Flat
£405K	12/23	0.18 mi	Flat 8, Park View, Weardale Road, London, Greater London SE13 5FG	-	-	2	Flat
£340K	10/23	0.23 mi	39a, Boone Street, London, Greater London SE13 5SE	£5,181	66	2	Flat
£370.5K	03/23	0.24 mi	21, Northbrook Road, London, Greater London SE13 5QT	-	-	2	Flat
£540.5K	11/23	0.24 mi	14a, Church Terrace, London, Greater London SE13 5BT	£5,630	96	2	Flat
£625K	03/23	0.24 mi	14c, Church Terrace, London, Greater London SE13 5BT	£6,010	104	2	Flat
£245K	02/23	0.26 mi	4a, Marischal Road, London, Greater London SE13 5LG	-	-	2	Flat
£337K	02/21	0.28 mi	17, Eton Grove, London, Greater London SE13 5BY	£5,912	57	2	Flat
£435K	04/23	0.29 mi	3, Dacre Place, London, Greater London SE13 5DJ	£7,909	55	2	Flat
£325K	04/21	0.3 mi	15, Dacre Park, London, Greater London SE13 5SQ	£5,047	64	2	Flat
£353K	04/21	0.3 mi	5, Dermody Gardens, London, Greater London SE13 5HG	£5,269	67	2	Flat
£690K	02/21	0.32 mi	240b, Dacre Park, London, Greater London SE13 5DD	-	-	2	Flat
£489K	01/21	0.34 mi	19b, Slaithwaite Road, London, Greater London SE13 6DJ	£5,147	95	2	Flat
£422K	07/23	0.34 mi	Flat A, 22, Slaithwaite Road, London, Greater London SE13 6DJ	-	-	2	Flat
£333K	12/20	0.36 mi	Flat B, 142, Courthill Road, London, Greater London SE13 6DR	£6,660	50	2	Flat
£303K	02/21	0.36 mi	141a, Courthill Road, London, Greater London SE13 6DR	£5,316	57	2	Flat
£410K	02/21	0.36 mi	136a, Courthill Road, London, Greater London SE13 6DR	£6,811	60	2	Flat
£365K	11/23	0.36 mi	First Floor Flat, 132, Courthill Road, London, Greater London SE13 6DR	£6,186	59	2	Flat
£443.5K	06/21	0.39 mi	9, Haynes Close, London, Greater London SE3 9UA	£7,392	60	2	Flat
£475K	06/21	0.39 mi	8, Haynes Close, London, Greater London SE3 9UA	£7,917	60	2	Flat
£330K	03/23	0.41 mi	Ground Floor Flat, 39, Courthill Road, London, Greater London SE13 6DN	£6,346	52	2	Flat
£340K	02/23	0.41 mi	88, Knowles Hill Crescent, London, Greater London SE13 6DS	£4,658	73	2	Flat
£410K	02/21	0.41 mi	3, Haynes Close, London, Greater London SE3 9UA	£6,308	65	2	Flat
£651.5K	06/21	0.41 mi	27, Lock Chase, London, Greater London SE3 9HB	£7,320	89	2	Flat
£435K	12/23	0.43 mi	Flat B, 49, Ennersdale Road, London, Greater London SE13 6JE	-	-	2	Flat
£415K	03/21	0.43 mi	13, Glebe Court, London, Greater London SE3 9TH	£7,281	57	2	Flat
£430K	10/23	0.44 mi	Lower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD	£6,825	63	2	Flat
£405K	12/20	0.44 mi	Lower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD	£6,429	63	2	Flat
£605K	03/23	0.44 mi	119, St Josephs Vale, London, Greater London SE3 0XQ	£10,153	60	2	Flat
£362K	01/24	0.44 mi	134, St Josephs Vale, London, Greater London SE3 0XQ	£6,582	55	2	Flat
£633K	09/23	0.45 mi	11a, The Glebe, London, Greater London SE3 9TQ	£8,013	79	2	Flat
£355K	03/21	0.46 mi	49a, Granville Park, London, Greater London SE13 7DW	£5,000	71	2	Flat
£685K	07/23	0.48 mi	60, Lee Park, Blackheath, London, Greater London SE3 9HZ	£10,316	66	2	Flat
£385K	03/21	0.48 mi	Flat 48, Paynell Court, Lawn Terrace, London, Greater London SE3 9LN	-	-	2	Flat
£535K	05/23	0.49 mi	First Floor Flat, 7, Granville Park, London, Greater London SE13 7DY	£7,230	74	2	Flat
£535K	05/21	0.49 mi	7a, Granville Park, London, Greater London SE13 7DY	-	-	2	Flat
£345K	10/23	0.5 mi	11, Prendergast Road, London, Greater London SE3 9LR	£5,750	60	2	Flat
£363.5K	12/23	0.5 mi	72, Baizdon Road, London, Greater London SE3 0UQ	£5,770	63	2	Flat
£350K	02/23	0.51 mi	88, Baizdon Road, London, Greater London SE3 0UQ	-	-	2	Flat
£385K	04/21	0.51 mi	147, Baizdon Road, London, Greater London SE3 0UL	-	-	2	Flat
£380K	12/20	0.52 mi	45, Prendergast Road, London, Greater London SE3 9LS	£6,230	61	2	Flat
£305K	09/23	0.52 mi	14, Curness Street, London, Greater London SE13 6JY	-	-	2	Flat
£370K	06/23	0.52 mi	187b, Hither Green Lane, London, Greater London SE13 6QE	£5,873	63	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.4K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	08/24	0.01 mi	Halley Gardens, Lewisham, SE13	2	Flat
£1,800	08/24	0.02 mi	Celestial Gardens, Lewisham, London, SE13	2	Flat
£1,750	08/24	0.03 mi	Halley Gardens, London, SE13	2	Flat
£1,750	02/24	0.04 mi	-	2	House
£1,850	04/25	0.05 mi	-	2	Flat
£1,600	08/24	0.09 mi	Lee High Road, Lewisham, SE13	2	Flat
£1,699	08/24	0.09 mi	Lee High Road, London, SE13	2	Flat
£1,700	08/24	0.09 mi	Lee High Road, Canary Wharf, SE13	2	Flat
£1,800	08/24	0.09 mi	Lee High Road, Canary Wharf, SE13	2	Flat
£1,800	04/25	0.1 mi	-	2	Flat
£1,800	04/25	0.11 mi	-	2	Flat
£1,700	08/24	0.12 mi	Lee High Road, Lewisham	2	Flat
£1,850	04/25	0.12 mi	-	2	Flat
£2,300	11/24	0.12 mi	-	2	Flat
£2,300	11/24	0.12 mi	-	2	Flat
£2,000	08/24	0.12 mi	-	2	Flat
£2,000	09/24	0.12 mi	-	2	Flat
£1,850	02/24	0.12 mi	-	2	Flat
£1,795	12/24	0.13 mi	-	2	Flat
£1,850	08/24	0.13 mi	Eastdown Park, SE13	2	Flat
£2,200	08/24	0.14 mi	Brandram Road, Lewisham, London, SE13	2	Flat
£1,850	08/24	0.14 mi	-	2	Flat
£1,900	09/24	0.15 mi	Manor Park, Hither Green, London, SE13	2	Flat
£2,000	11/24	0.15 mi	-	2	Flat
£1,800	08/24	0.15 mi	Brandram Road Lewisham SE13	2	Flat
£2,150	08/24	0.16 mi	Manor Park, Lewisham, SE13	2	Flat
£1,800	08/24	0.17 mi	Riva Building, SE13	2	Flat
£2,300	01/25	0.17 mi	-	2	Flat
£2,300	12/24	0.17 mi	-	2	Flat
£1,850	08/24	0.18 mi	Manor Park, Lee	2	Flat
£1,400	08/24	0.19 mi	Wisteria Road, Lewisham, London, SE13 5HW	2	Flat
£1,750	12/24	0.21 mi	-	2	Flat
£1,600	08/24	0.21 mi	Boone Street, Lewisham	2	Flat
£1,950	08/24	0.23 mi	Boone Street, Lewisham, London, SE13	2	Terraced House
£1,750	08/24	0.23 mi	Boone Street, Lewisham, SE13	2	Flat
£2,000	08/24	0.24 mi	Marischal Road, London, SE13	2	Flat
£2,400	08/24	0.24 mi	Marischal Road, London, SE13	2	Flat
£2,000	08/24	0.24 mi	Marischal Road, SE13	2	Flat
£1,900	08/24	0.25 mi	Lee High Road, Lee	2	Flat
£1,550	08/24	0.25 mi	Belmont Hill Lewisham SE13	2	Flat
£1,800	04/25	0.25 mi	-	2	Flat
£2,000	10/23	0.26 mi	Marischal Road, London	2	Flat
£2,250	08/24	0.26 mi	-	2	Flat
£1,746	08/24	0.28 mi	Zinc Building, Lewisham, SE13	2	Flat
£1,750	08/24	0.28 mi	Belmont Grove, London, SE13	2	Flat
£2,400	08/24	0.29 mi	Station Road, London, SE13	2	Flat
£2,200	09/24	0.29 mi	Brick Kiln One, Station Road, London, SE13	2	Flat
£1,950	08/24	0.29 mi	Belmont Hill Lewisham SE13	2	Flat
£1,750	11/24	0.29 mi	-	2	Flat
£1,650	02/25	0.31 mi	-	2	Flat

Local Area Statistics

Population in SE13	40,84840,848
Population in London	4,771,9214,771,921
Town centre distance	6.52 miles away6.52 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.52 miles away0.52 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+21%+21%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £300,000

December 3, 2024

Floor Plans

Description

CHAIN FREE +
Two Double Bedrooms +
Second Floor +
Specious reception room +
Fully fitted kitchen and bathroom +
Double glazed and gas central heating +
Gated Development +
Private Parking +
Great location for transport links +
Total floor area: 49m²= 527ft² (guidance only) +

* GUIDE PRICE £300,000 - £325,000 * Two double bedroom top floor apartment in sought after gated development with allocated parking ideal for Lewisham Station and Town Centre. NO CHAIN.

LOCATION
While it's easy to hop on the train or DLR at Lewisham station to explore the rest of London, there's plenty in the town itself. There's an indoor shopping centre and a daily street market, a surprising amount of green space and restaurants serving world cuisine.
Families can choose from a wide selection of state primary and secondary schools, as well as some respected independent options. Blackheath is Lewisham's close neighbour, with fine dining, boutique shops and bustling bars.

LEASEHOLD INFORMATION
Length of Lease: 125 Years from 29th Sep 1985*
Time remaining on lease: Approx. 5 Years *
Service Charge: TBC *
Service Charges Review Period: Every 1 Year
Ground Rent: TBC *
Ground Rent Review Period: TBC*
(*to be verified by Vendors Solicitor)

ADDITIONAL INFORMATION
Postcode: SE13 5PA
Local Authority: London Borough of Lewisham
Council Tax: Band C (£1,811.54 pa)
EPC Rating: C

UTILITIES
• Mains electricity
• Mains water
• Mains gas
• Drainage to public sewer

FLOOD RISK
• low risk of surface water flooding
• very low risk of flooding from rivers and the sea
For more information please visit: check-long-term-flood-risk.service.gov.uk/postcode

BROADBAND & MOBILE COVERAGE
For broadband and mobile phone coverage at the property please visit:
• Broadband: checker.ofcom.org.uk/en-gb/broadband-coverage
• Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage

PARKING
Residents’ car park.

NEAREST TRAIN STATIONS
• Hither Green Rail Station 0.79 km
• Lewisham Station 0.99 km
• Blackheath 1.03 km

Agent Details

Robinson Jackson, Lewisham

020 3834 8051

Next Steps?

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