3 Bed Flat, Cash/Bridging Only, London, SE20 8TW, £225,000

SE20 8TW, Anerley, London, SE20 - 2 views - 5 months ago

Leasehold

Cash

ROI: 7%

~57 m²

+5 photos

ValuationFair Value

Sold Prices	£100K - £570K
Sold Prices/m²	£3K/m² - £10.2K/m²

Square Metres	~56.76 m²
Price/m²	£4K/m²
Value Estimate	£225,000£225,000

End Value (After Refurb)	£325,844£325,844
Uplift in Value	+45%+45%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£12,450£12,450
Refurb Costs	£30,054£30,054
Bridging Loan Interest	£5,906£5,906
Total Cash In	£106,410£106,410

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£325,844£325,844
Agent Fees (1%)	£3,258£3,258
Bridging Loan	£168,750£168,750
Bridging Loan Interest	£5,906£5,906
Flip Profit	£47,426£47,426

Local Sold Prices

29 sold prices from £100K to £570K, average is £415K. £3K/m² to £10.2K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£100K	06/23	0.18 mi	Flat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH	-	-	3	Flat
£445.5K	12/20	0.27 mi	26, Samos Road, Anerley, London, Greater London SE20 7TU	£5,862	76	3	Flat
£442.2K	02/21	0.27 mi	40a, Samos Road, London, Greater London SE20 7TU	£5,669	78	3	Flat
£408.3K	03/21	0.28 mi	46, Samos Road, London, Greater London SE20 7TU	£8,875	46	3	Flat
£390K	01/21	0.28 mi	12a, Tremaine Road, London, Greater London SE20 7TZ	£5,132	76	3	Flat
£420K	04/21	0.28 mi	6a, Tremaine Road, London, Greater London SE20 7TZ	-	-	3	Flat
£450K	09/21	0.28 mi	12, Tremaine Road, London, Greater London SE20 7TZ	£5,844	77	3	Flat
£420K	08/21	0.28 mi	43a, Tremaine Road, London, Greater London SE20 7UA	£5,635	75	3	Flat
£415K	06/21	0.28 mi	51a, Tremaine Road, London, Greater London SE20 7UA	£5,533	75	3	Flat
£425K	11/20	0.31 mi	27a, Worbeck Road, London, Greater London SE20 7SW	£5,667	75	3	Flat
£365K	09/21	0.32 mi	31, Cornish Grove, London, Greater London SE20 8RB	£4,101	89	3	Flat
£435K	09/23	0.38 mi	48, Marlow Road, Anerley, London, Greater London SE20 7UZ	£5,878	74	3	Flat
£350K	11/20	0.41 mi	Flat 10, Brooklyn, Anerley Road, London, Greater London SE20 8AZ	-	-	3	Flat
£292K	05/21	0.41 mi	Flat 5, Brooklyn, Anerley Road, London, Greater London SE20 8AZ	-	-	3	Flat
£528K	02/23	0.41 mi	29, Castledine Road, London, Greater London SE20 8PL	£6,069	87	3	Flat
£570K	08/21	0.43 mi	Flat A, 85, Anerley Road, London, Greater London SE20 8AU	-	-	3	Flat
£355K	11/21	0.46 mi	23, Trenholme Terrace, London, Greater London SE20 8PW	£4,733	75	3	Flat
£395K	06/21	0.51 mi	Flat 15, Maberley Court, Maberley Crescent, London, Greater London SE19 2JG	-	-	3	Flat
£535K	02/21	0.51 mi	49d, Anerley Park, London, Greater London SE20 8NQ	£10,152	53	3	Flat
£234.2K	03/21	0.56 mi	Flat 25, Deverill Court, Avenue Road, London, Greater London SE20 7RZ	£2,965	79	3	Flat
£500K	01/21	0.58 mi	10a, Franklin Road, London, Greater London SE20 8HW	-	-	3	Flat
£241.3K	08/23	0.58 mi	120, Auckland Road, London, Greater London SE19 2RP	£3,770	64	3	Flat
£375K	11/20	0.63 mi	4a, Waldegrave Road, London, Greater London SE19 2AJ	£5,137	73	3	Flat
£354K	11/21	0.72 mi	Flat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ	-	-	3	Flat
£535K	03/23	0.76 mi	97, Birkbeck Road, Beckenham, Greater London BR3 4SW	£7,643	70	3	Flat
£375K	02/23	0.79 mi	1, Barson Close, London, Greater London SE20 7HR	£4,361	86	3	Flat
£345K	02/21	0.81 mi	34, Queen Adelaide Road, London, Greater London SE20 7DX	£4,259	81	3	Flat
£417K	02/23	0.95 mi	Flat 23, Coniston Court, Springfield Road, London, Greater London SE26 6HF	-	-	3	Flat
£425K	04/23	0.95 mi	Flat 11, Coniston Court, Springfield Road, London, Greater London SE26 6HF	-	-	3	Flat

Local Rents

41 rents from £1.6K/mo to £2.8K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	10/24	0.09 mi	-	3	Flat
£2,000	08/24	0.1 mi	-	3	Flat
£2,350	08/24	0.15 mi	Elder Oak Close London SE20	3	Flat
£1,575	11/24	0.27 mi	-	3	Flat
£1,930	08/24	0.32 mi	-	3	Flat
£1,700	04/25	0.34 mi	-	3	Flat
£1,725	08/24	0.36 mi	Elmers End Road, SE20	3	Flat
£1,700	08/24	0.36 mi	Elmers End Road, Anerly	3	Flat
£2,000	08/24	0.36 mi	Warminster Road, South Norwood, London, SE25	3	Flat
£2,200	08/24	0.37 mi	Oak Grove Road, London, SE20	3	Detached House
£2,750	08/24	0.37 mi	-	3	Flat
£2,300	09/24	0.38 mi	-	3	Terraced House
£2,300	08/24	0.39 mi	Croydon Road, London, SE20	3	Flat
£2,300	08/24	0.39 mi	-	3	Flat
£2,300	09/24	0.39 mi	-	3	Terraced House
£2,600	02/25	0.42 mi	-	3	Flat
£2,000	04/25	0.43 mi	-	3	Flat
£2,150	08/24	0.44 mi	-	3	Flat
£2,150	08/24	0.44 mi	Brooklyn, Anerley, SE20	3	Flat
£2,200	08/24	0.44 mi	Felmingham Road, London, SE20	3	Terraced House
£1,750	08/24	0.45 mi	Melbourne Court, Anerley Road, London, SE20	3	Flat
£1,900	08/24	0.47 mi	Sylvan Road London SE19	3	Flat
£2,000	08/24	0.47 mi	Anerley Park, Crystal Palace, SE20	3	Flat
£2,100	08/24	0.48 mi	Lancaster Road, London, Greater London, SE25	3	Detached House
£1,900	10/24	0.51 mi	-	3	Flat
£2,000	08/24	0.52 mi	Hambrook Road, London, SE25	3	Terraced House
£1,980	12/24	0.52 mi	-	3	Flat
£1,950	02/25	0.54 mi	-	3	Terraced House
£2,200	08/24	0.54 mi	Court Road, London, SE25	3	Flat
£2,150	10/23	0.54 mi	Birkbeck Road, Beckenham	3	House
£2,150	04/24	0.54 mi	Birkbeck Road, Beckenham	3	House
£2,250	09/24	0.55 mi	Bargrove Close London SE20	3	Flat
£1,750	09/24	0.56 mi	Laurel Grove, London, SE20	3	Flat
£1,900	03/24	0.57 mi	Ravenscroft Road Beckenham BR3	3	Flat
£1,995	11/24	0.59 mi	-	3	Flat
£2,500	08/24	0.6 mi	Waldegrave Road, Crystal Palace, London, SE19	3	Flat
£2,400	08/24	0.6 mi	Sunny Bank, London, SE25	3	Terraced House
£2,500	03/24	0.61 mi	-	3	Flat
£2,050	11/24	0.62 mi	-	3	Terraced House
£2,350	03/24	0.62 mi	Birckbeck Road, BR3	3	Flat
£2,250	08/24	0.62 mi	Waldegrave Road, London, SE19	3	Terraced House

Local Area Statistics

Population in SE20	22,82122,821
Population in London	4,771,9214,771,921
Town centre distance	8.43 miles away8.43 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.28 miles away0.28 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Price changed to £225,000

February 28, 2025

Listed for £300,000

December 4, 2024

Floor Plans

Description

Fantastic 3 bedroom apartment +
Spacious reception room +
Sleek kitchen +
Set on the 1st floor +
Close to Betts Park +
CASH BUYERS ONLY +

A well presented 3 bedroom flat set on the 1st floor boasting well proportioned accommodation, spacious reception room and a stylish kitchen.

This property is well situated for access to local amenities on Anerley Road, while the green spaces of Betts Park are also easily accessed.

Please use the reference CHPK1541335 when contacting Foxtons.

Agent Details

Foxtons, Crystal Palace

020 3834 8506

Next Steps?

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