3 Bed Terraced House, Refurb/BRRR, London, SW8 1NH, £1,100,000

Trigon Road, London, SW8 1NH - 7 views - 4 months ago

Under Offer

Refurb/BRRR

~93 m²

+16 photos

ValuationOvervalued

Sold Prices	£520K - £2.0M
Sold Prices/m²	£5.9K/m² - £17.2K/m²

Square Metres	~93 m²
Price/m²	£11.8K/m²
Value Estimate	£714,000£714,000

End Value (After Refurb)	£854,002£854,002

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£275,000£275,000
Stamp Duty & Legal Fees	£85,450£85,450
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£28,875£28,875
Total Cash In	£440,275£440,275

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£854,002£854,002
Mortgage (After Refinance)	£640,501£640,501
Mortgage LTV	75%75%
Cash Left In	£440,275£440,275
Equity	£213,500£213,500
Rent Range	£2,200 - £5,888£2,200 - £5,888
Rent Estimate	£3,379
Running Costs/mo	£3,365£3,365
Cashflow/mo	£14£14
Cashflow/yr	£173£173
ROI	0%0%
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £520K to £2.0M, average is £1.0M. £5.9K/m² to £17.2K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£875K	02/21	0.02 mi	42, Trigon Road, London, Greater London SW8 1NH	-	-	3	Terraced House
£1.3M	12/22	0.02 mi	30, Trigon Road, London, Greater London SW8 1NH	-	-	3	Terraced House
£1.1M	09/22	0.02 mi	32, Trigon Road, London, Greater London SW8 1NH	-	-	3	Semi-Detached House
£1.1M	12/20	0.05 mi	50, Claylands Road, London, Greater London SW8 1NZ	£9,664	119	3	Terraced House
£1.3M	12/20	0.05 mi	46, Claylands Road, London, Greater London SW8 1NZ	£8,785	144	3	Terraced House
£1.1M	07/23	0.05 mi	72, Claylands Road, London, Greater London SW8 1NZ	-	-	3	Terraced House
£705K	01/21	0.09 mi	14, Cottingham Road, London, Greater London SW8 1LQ	£8,156	86	3	Terraced House
£550K	03/21	0.1 mi	29, Carroun Road, London, Greater London SW8 1JS	-	-	3	Terraced House
£752.1K	10/22	0.1 mi	21, Carroun Road, London, Greater London SW8 1JS	£8,489	89	3	Terraced House
£775K	06/21	0.1 mi	71, Claylands Road, London, Greater London SW8 1PJ	£8,424	92	3	Terraced House
£1.1M	12/20	0.12 mi	26, Hanover Gardens, London, Greater London SE11 5TN	£8,394	137	3	Terraced House
£1.3M	12/22	0.16 mi	63, Palfrey Place, London, Greater London SW8 1AR	£9,961	128	3	Terraced House
£700K	03/21	0.18 mi	153, Dorset Road, London, Greater London SW8 1AL	£9,859	71	3	Terraced House
£680K	02/23	0.24 mi	65, Rita Road, London, Greater London SW8 1JX	-	-	3	Terraced House
£1.1M	11/22	0.27 mi	22, St Stephens Terrace, London, Greater London SW8 1DP	£9,350	118	3	Terraced House
£1.4M	05/21	0.3 mi	31, St Stephens Terrace, London, Greater London SW8 1DL	£7,372	196	3	Terraced House
£1.5M	10/23	0.3 mi	4, Lawrence Mews, London, Greater London SW8 1FY	£9,707	152	3	Semi-Detached House
£650K	11/20	0.31 mi	12, Minerva Close, London, Greater London SW9 6NZ	£9,559	68	3	Terraced House
£1.2M	09/22	0.33 mi	3, Montford Place, London, Greater London SE11 5DE	-	-	3	Terraced House
£1.2M	09/22	0.33 mi	99, Old South Lambeth Road, London, Greater London SW8 1XU	£9,959	123	3	Terraced House
£900K	02/24	0.35 mi	62, Vauxhall Grove, London, Greater London SW8 1TA	£11,688	77	3	Terraced House
£1.0M	05/21	0.36 mi	23, Holland Grove, London, Greater London SW9 6ER	£8,065	124	3	Terraced House
£985K	08/23	0.38 mi	2, Printers Road, London, Greater London SW9 0BH	£6,314	156	3	Terraced House
£930K	04/21	0.39 mi	28, Printers Road, London, Greater London SW9 0BH	£5,924	157	3	Terraced House
£975K	09/21	0.39 mi	24, Printers Road, London, Greater London SW9 0BH	£6,254	156	3	Terraced House
£925K	11/22	0.41 mi	41, Foxley Road, London, Greater London SW9 6EX	£9,737	95	3	Semi-Detached House
£715K	07/23	0.41 mi	29, Walton Close, London, Greater London SW8 2UJ	£7,222	99	3	Terraced House
£745K	05/21	0.44 mi	92a, Camberwell New Road, London, Greater London SE5 0RS	£7,680	97	3	Terraced House
£520K	05/22	0.45 mi	47, Cancell Road, London, Greater London SW9 6HP	£6,420	81	3	Detached House
£650K	06/21	0.45 mi	36, Hillyard Street, London, Greater London SW9 0NL	-	-	3	Terraced House
£1.0M	12/20	0.49 mi	36, Ravensdon Street, London, Greater London SE11 4AR	£7,055	146	3	Terraced House
£1.3M	04/21	0.5 mi	31, Methley Street, London, Greater London SE11 4AL	-	-	3	Terraced House
£842.5K	05/23	0.51 mi	13, Tyers Terrace, London, Greater London SE11 5LZ	-	-	3	Terraced House
£1.2M	04/21	0.53 mi	15, Courtenay Street, London, Greater London SE11 5PH	£12,660	97	3	Terraced House
£600K	03/21	0.54 mi	22, Myatt Road, London, Greater London SW9 6XG	£6,667	90	3	Terraced House
£1.3M	01/21	0.55 mi	38, Cleaver Street, London, Greater London SE11 4DP	-	-	3	Terraced House
£930K	03/21	0.57 mi	16, Faunce Street, London, Greater London SE17 3TR	£9,208	101	3	Terraced House
£840K	06/21	0.58 mi	62, Sharsted Street, London, Greater London SE17 3TN	-	-	3	Semi-Detached House
£1.6M	02/23	0.58 mi	34, Cleaver Square, London, Greater London SE11 4EA	£13,234	125	3	Terraced House
£1.6M	06/21	0.59 mi	37, Cleaver Square, London, Greater London SE11 4EA	£12,385	130	3	Terraced House
£1.3M	03/21	0.59 mi	42, Cleaver Square, London, Greater London SE11 4EA	£9,900	134	3	Terraced House
£1.4M	03/21	0.59 mi	56, Cleaver Square, London, Greater London SE11 4EA	£13,113	106	3	Terraced House
£1.6M	08/21	0.59 mi	53, Lansdowne Gardens, London, Greater London SW8 2EL	£12,764	123	3	Detached House
£1.0M	06/21	0.59 mi	52, Cooks Road, London, Greater London SE17 3NF	£17,213	59	3	Semi-Detached House
£1.2M	10/22	0.6 mi	8, Lorn Road, London, Greater London SW9 0AD	-	-	3	Semi-Detached House
£700K	03/21	0.6 mi	37, Westcott Road, London, Greater London SE17 3QY	£8,140	86	3	Terraced House
£2.0M	06/21	0.61 mi	6, Stockwell Park Crescent, London, Greater London SW9 0DE	-	-	3	Semi-Detached House
£2.0M	06/21	0.61 mi	6, Stockwell Park Crescent, London, Greater London SW9 0DE	-	-	3	Semi-Detached House
£800K	10/20	0.62 mi	29, Langton Road, London, Greater London SW9 6UU	£8,889	90	3	Terraced House
£840K	06/21	0.63 mi	62, Sharsted Street, London, Greater London SE17 3TN	-	-	3	Semi-Detached House

Local Rents

50 rents from £2.2K/mo to £5.9K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,500	09/24	0.08 mi	-	3	Flat
£3,350	12/24	0.08 mi	-	3	Flat
£2,700	10/24	0.12 mi	-	3	Terraced House
£4,750	09/24	0.12 mi	-	3	Terraced House
£3,250	09/24	0.16 mi	Crewdson Road, Oval	3	Flat
£3,146	09/24	0.16 mi	Crewdson Road, Oval	3	Flat
£2,817	09/24	0.17 mi	Ensbury House, Carroun Road, London SW8	3	Flat
£2,600	08/24	0.17 mi	Kennington Oval, Oval, London, SE11	3	Flat
£3,090	09/24	0.17 mi	-	3	Flat
£2,500	09/24	0.19 mi	-	3	Flat
£2,325	03/25	0.2 mi	-	3	Flat
£2,950	03/25	0.21 mi	-	3	Flat
£2,399	09/24	0.22 mi	Dorset Road London SW8	3	Flat
£2,300	01/25	0.23 mi	-	3	Flat
£2,775	03/25	0.24 mi	-	3	Flat
£3,090	09/24	0.27 mi	-	3	Flat
£2,600	08/24	0.28 mi	-	3	House
£2,500	09/24	0.29 mi	-	3	Flat
£2,500	09/24	0.29 mi	Hector Court, Oval, London, SW9	3	Flat
£2,700	02/25	0.29 mi	-	3	Flat
£2,970	09/24	0.31 mi	Meadow Place, London, SW8 1XZ	3	Flat
£2,200	03/25	0.31 mi	-	3	Flat
£3,100	09/24	0.32 mi	-	3	House
£3,000	09/24	0.32 mi	-	3	Flat
£2,925	10/24	0.32 mi	-	3	Flat
£2,950	10/24	0.32 mi	-	3	Flat
£2,750	09/24	0.32 mi	-	3	Terraced House
£2,950	10/24	0.32 mi	-	3	Flat
£3,200	09/24	0.33 mi	Heyford Terrace, Vauxhall, London, SW8	3	Flat
£3,299	12/24	0.33 mi	-	3	Flat
£3,600	09/24	0.33 mi	-	3	Flat
£3,100	08/24	0.34 mi	Kennington Road, London, Greater London, SE11 5SB	3	Flat
£4,500	08/24	0.35 mi	Oval Village, London	3	Flat
£4,000	09/24	0.37 mi	Printers Road, London, SW9	3	Flat
£3,450	09/24	0.37 mi	South Lambeth Road, London, SW8	3	Flat
£4,100	09/24	0.37 mi	-	3	Terraced House
£3,497	08/24	0.38 mi	Kennington Lane, London, SE11	3	Flat
£4,495	08/24	0.38 mi	Oval Village, Gasholder Place SE11	3	Flat
£4,498	03/25	0.38 mi	-	3	Flat
£4,485	08/24	0.38 mi	Phoenix Court, Oval Village, London, SE11	3	Flat
£2,300	09/24	0.39 mi	-	3	Flat
£2,700	12/24	0.39 mi	John Ruskin Street, London, SE5	3	Flat
£3,300	10/24	0.39 mi	-	3	Flat
£4,499	01/25	0.4 mi	-	3	Flat
£5,888	08/24	0.41 mi	Oval Village, 83 Phoenix Court, SE11 5AR	3	Flat
£5,000	08/24	0.41 mi	Kennington Lane, Oval Village, London, SE11	3	Flat
£2,700	12/24	0.41 mi	John Ruskin Street, Oval, SE5	3	Flat
£2,590	10/24	0.41 mi	-	3	Flat
£2,590	10/24	0.41 mi	-	3	Flat
£4,100	01/25	0.41 mi	-	3	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	3.29 miles away3.29 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Listed for £1,100,000

December 4, 2024

Floor Plans

Description

Three bedrooms +
Double reception room +
Four piece bathroom suite +
Kitchen & dining room +
Early Victorian house +
In need of modernising +
Great garden +
Desirable tree lined road +
Amazing transport links +
Internal area 1212sq ft +

Rarely available three bedroom terraced house situated on a desirable tree-lined road offers a fantastic opportunity for prospective buyers. This early Victorian property spans three storeys and boasts a spacious double reception room, ideal for both relaxation and entertainment. The house further features a well-proportioned kitchen and dining area, providing a perfect space for family meals or hosting guests. The property also benefits from a four-piece bathroom suite. Exuding charm and character, this residence presents a wonderful canvas for those looking to express their own style, as it is in need of modernising.

One of the standout features of this property is the great garden, offering a peaceful retreat in the heart of the city. The outdoor space is the perfect place for al-fresco dining, gardening, or simply unwinding after a long day. The garden provides ample space for children to play or for hosting social gatherings. Beyond the property itself, the location is unbeatable, with amazing transport links nearby ensuring easy access to the city centre and beyond. Don't miss out on this rare opportunity to transform this charming Victorian house into the home of your dreams, complete with a delightful garden oasis in a prime location.

Agent Details

Bhoday Estate Agents, London

020 3974 2797

Next Steps?

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

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