2 Bed Terraced House, Cash/Bridging Only, London, SE18 7PT, £279,995

Brewery Road, London, SE18 7PT - 4 months ago

Cash
ROI: 3%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£307K - £560K
Sold Prices/m²£3.9K/m² - £8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£285,595

 

 

End Value (After Refurb)

£314,405

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£69,999

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£36,043

Bridging Loan Interest

£7,350

Total Cash In

£131,841

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£314,405

Mortgage (After Refinance)

£235,804

Mortgage LTV

75%

Cash Released

£25,808

Cash Left In

£106,033

Equity

£78,601

Rent Range

£1,300 - £2,100

Rent Estimate

£1,645

Running Costs/mo

£1,332

Cashflow/mo

£313

Cashflow/yr

£3,762

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £307K to £560K, average is £380K. £3.9K/m² to £8K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£350K09/210 mi60, Brewery Road, London, Greater London SE18 7PT2
£325K03/230.03 mi1, Majendie Road, London, Greater London SE18 7QB2
£360K07/230.06 mi50, Durham Rise, London, Greater London SE18 7TQ2
£405K02/230.12 mi59, Robert Street, London, Greater London SE18 7NB2
£330K06/210.18 mi28, Coxwell Road, Plumstead, London, Greater London SE18 1AL2
£375K03/210.18 mi38, Congo Road, London, Greater London SE18 1TG2
£355K11/200.18 mi24, Hudson Place, London, Greater London SE18 7SL2
£343.5K02/210.19 mi45, Coxwell Road, Plumstead, London, Greater London SE18 1AN2
£393K04/210.19 mi31, Coxwell Road, London, Greater London SE18 1AN2
£370K01/210.19 mi10, Leghorn Road, London, Greater London SE18 1SZ2
£392.5K05/230.19 mi2, Leghorn Road, London, Greater London SE18 1SZ2
£428.5K11/210.19 mi8, Leghorn Road, London, Greater London SE18 1SZ2
£475K02/230.2 mi39, Coxwell Road, Plumstead, London, Greater London SE18 1AN2
£340K10/230.22 mi20, Hudson Place, London, Greater London SE18 7SL2
£380K05/210.25 mi51, Liffler Road, London, Greater London SE18 1AU2
£390K03/210.27 mi20, Miriam Road, London, Greater London SE18 1RE2
£382.5K11/200.28 mi109, Chestnut Rise, London, Greater London SE18 1RJ2
£560K03/230.28 mi34, St Johns Terrace, London, Greater London SE18 7RT2
£370K03/210.29 mi53, Miriam Road, London, Greater London SE18 1RF2
£439K06/230.34 mi159, Parkdale Road, London, Greater London SE18 1RW2
£390K06/230.34 mi169, Parkdale Road, London, Greater London SE18 1RW2
£320K11/200.36 mi63, Parkdale Road, London, Greater London SE18 1RT2
£452K04/230.4 mi113, Roydene Road, Plumstead, London, Greater London SE18 1PZ2
£400K02/230.4 mi95, Roydene Road, Plumstead, London, Greater London SE18 1PZ2
£380K02/210.41 mi12, Bateson Street, London, Greater London SE18 1DA2
£450K12/200.42 mi52, Tewson Road, London, Greater London SE18 1AY2
£425K07/230.43 mi56, Sladedale Road, London, Greater London SE18 1PX2
£395K08/210.44 mi61, Tewson Road, London, Greater London SE18 1BB2
£335K01/210.46 mi1, White Hart Road, London, Greater London SE18 1DF2
£368K11/200.46 mi36, Burrage Place, Plumstead, London, Greater London SE18 7BG2
£385K11/210.47 mi71, Palmerston Crescent, London, Greater London SE18 2TT2
£400K05/210.48 mi24, Bloomfield Road, London, Greater London SE18 7JH2
£425K11/200.48 mi6, Bloomfield Road, London, Greater London SE18 7JH2
£410K04/210.48 mi7, Kirk Lane, London, Greater London SE18 3AD2
£410K07/230.48 mi5, Kirk Lane, London, Greater London SE18 3AD2
£393.5K05/210.48 mi5, Bloomfield Road, London, Greater London SE18 7JJ2
£345K06/230.48 mi117, Reidhaven Road, London, Greater London SE18 1BX2
£350K08/210.48 mi135, Reidhaven Road, London, Greater London SE18 1BX2
£335K04/230.48 mi123, Reidhaven Road, London, Greater London SE18 1BX2
£385K03/210.5 mi41, The Slade, London, Greater London SE18 2NB2
£385K08/210.5 mi44, The Slade, London, Greater London SE18 2NB2
£320K07/230.51 mi68, Chelsworth Drive, Plumstead, London, Greater London SE18 2RA2
£410K10/220.51 mi61, Chelsworth Drive, Plumstead, London, Greater London SE18 2RB2
£307K03/210.52 mi14, Hartville Road, London, Greater London SE18 1DQ2
£347.5K12/200.54 mi23, Sutcliffe Road, London, Greater London SE18 2NF2
£335K02/210.55 mi52, Sutcliffe Road, London, Greater London SE18 2NG2
£380K06/210.55 mi20, Sutcliffe Road, London, Greater London SE18 2NG2
£349K11/200.55 mi12, Ravine Grove, London, Greater London SE18 2NE2
£370K04/230.56 mi23, Goldfinch Road, London, Greater London SE28 0DE2
£370K03/210.56 mi77, Kirkham Street, London, Greater London SE18 2JS2

Local Rents

50 rents from £1.3K/mo to £2.1K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80009/240.07 mi-2
£1,80004/250.08 mi-2
£1,60008/240.09 mi-2
£1,87502/250.1 mi-2
£1,45003/250.11 mi-2
£1,60008/240.13 mi-2
£1,55008/240.15 miManthorp Road, Plumstead, London, SE18 7SZ2
£1,75008/240.19 miLeghorn Road, London, SE182
£1,70010/240.2 mi-2
£1,85002/240.22 mi-2
£1,60008/240.22 miPiedmont Road, London, SE182
£1,55008/240.22 miPiedmont Road, London, SE182
£1,60008/240.22 mi-2
£1,80008/240.24 miLiffler Road London SE182
£1,40011/240.24 mi-2
£1,44012/240.26 mi-2
£1,65008/240.26 mi-2
£1,40008/240.26 mi-2
£1,30008/240.28 mi-2
£1,30008/240.28 miWalmer Terrace, London, SE182
£1,65003/250.28 mi-2
£1,90008/240.3 mi-2
£1,57508/240.31 miAllenby Road, Thamesmead, SE282
£1,45012/240.33 mi-2
£1,80008/240.35 mi-2
£1,80008/240.36 miTormount Road, Plumstead, London, SE18 1QB2
£1,55008/240.36 miPlumstead Common Road, London2
£1,70002/240.37 mi-2
£1,60008/240.37 miSladedale Road, Plumstead Common London SE18 1PY2
£1,60002/240.37 mi-2
£1,60008/240.37 mi-2
£1,65002/250.38 mi-2
£1,65003/250.38 mi-2
£1,57502/240.38 mi-2
£1,50002/240.38 mi-2
£2,10009/240.38 mi-2
£2,10008/240.38 miGnd Flr Garden, London, SE182
£1,85008/240.38 mi-2
£1,80008/240.38 miSladedale Road Plumstead SE182
£1,80008/240.4 mi-2
£1,45009/240.4 mi-2
£1,45012/240.4 mi-2
£1,55008/240.4 miBurrage Road, Woolwich, SE182
£1,80009/240.41 mi-2
£1,75010/230.42 miBloomfield Road, SE182
£2,03312/240.42 mi-2
£1,49511/240.43 mi-2
£1,49512/240.43 mi-2
£1,55008/240.44 miBurrage Road, Woolwich, SE182
£1,50008/240.44 miBurrage Road, SE182

Local Area Statistics

Population in SE18

75,840

Population in London

4,771,921

Town centre distance

8.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £279,995

March 16, 2025

Price changed to £317,995

January 23, 2025

Listed for £324,995

December 4, 2024

Floor Plans

Description

  • 2 Double Bedrooms +
  • Garden +
  • Ground Floor Shower Room +
  • New Flooring +
  • Council Tax Band: B +
  • EPC Rating: D +
  • Cash buyers only +

ENTRANCE HALL Door to front.  

LOUNGE 12' 9" x 9' 10" (3.89m x 3m) Double glazed window to front. Radiator. Carpet.  

KITCHEN 8' 6" x 7' 2" (2.59m x 2.18m) Double glazed window to rear. Laminate flooring. Double glazed door to rear leading to garden. Wall and base units with works surfaces over. Stainless steel sink with drainer unit. Plumbed for washing machine. Stainless steel oven and hob. Tile splash back. Boiler.  

BEDROOM 12' 9" max x 10' (3.89m x 3.05m) Double glazed window to front. Radiator. Carpet.  

BEDROOM 12' 9" x 8' 9" (3.89m x 2.67m) Double glazed window to rear. Radiator. Carpet. Coving.  

GROUND FLOOR SHOWER ROOM 5' 3" x 4' 5" (1.6m x 1.35m) Extractor fan. Tiles walls. Vinyl floor covering. Radiator.
Suite comprising: shower cubicle. Low level flush W.C. Wash hand basin.  

GARDEN Compact yard to rear. Side access.

Agent Details

Goodwin Ellis Property Services Ltd, London

020 8855 5588

Next Steps?

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