4 Bed Semi-Detached House, Cash/Bridging Only, SM5 2PF, £750,000

Alma Road, Carshalton, Greater London, SM5 2PF - 6 views - 5 months ago

Under Offer
Cash
~229 m²
+26 photos

ValuationUndervalued

Sold Prices£400K - £1.0M
Sold Prices/m²£3.5K/m² - £11.4K/m²

 

 

Square Metres

~229 m²
Price/m²£3.3K/m²

Value Estimate

£772,500
BMV3%

 

 

End Value (After Refurb)

£1,286,649

Uplift in Value

+72%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£63,700

Refurb Costs

£121,370

Bridging Loan Interest

£19,688

Total Cash In

£394,008

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,286,649

Agent Fees (1%)

£12,866

Bridging Loan

£562,500

Bridging Loan Interest

£19,688

Flip Profit

£317,275

Local Sold Prices

49 sold prices from £400K to £1.0M, average is £680K. £3.5K/m² to £11.4K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£580K03/210.08 mi219, Carshalton Road, Carshalton, Greater London SM5 3PZ4
£654K03/210.13 mi15, Highfield Road, Sutton, Greater London SM1 4JY4
£810K10/220.14 mi74, Oxford Road, Carshalton, Greater London SM5 3QX4
£570K02/210.15 mi156, Westmead Road, Sutton, Greater London SM1 4JR4
£705K06/210.18 mi11, Meadow Road, Sutton, Greater London SM1 4NF4
£725K03/210.18 mi10, Meadow Road, Sutton, Greater London SM1 4NF4
£715K09/210.18 mi14, Meadow Road, Sutton, Greater London SM1 4NF4
£675K07/230.19 mi36, Wales Avenue, Carshalton, Greater London SM5 3QT4
£625K11/200.19 mi27, Wales Avenue, Carshalton, Greater London SM5 3QT4
£815K08/230.21 mi37, Court Drive, Sutton, Greater London SM1 3RG4
£800K01/210.21 mi4, Croft Road, Sutton, Greater London SM1 4NE4
£755K10/210.22 mi5, Colston Avenue, Carshalton, Greater London SM5 2PH4
£680K08/230.22 mi3, Coleridge Avenue, Sutton, Greater London SM1 3RQ4
£750K06/220.22 mi9, Coleridge Avenue, Sutton, Greater London SM1 3RQ4
£695K07/240.24 mi2, Ringstead Road, Sutton, Greater London SM1 4SE4
£481K03/210.25 mi42a, Park Hill, Carshalton, Greater London SM5 3RU4
£675K12/210.27 mi21, Browning Avenue, Sutton, Greater London SM1 3QU4
£417.5K03/210.28 mi17, Bankside Close, Carshalton, Greater London SM5 3SB4
£400K07/230.28 mi11, Bankside Close, Carshalton, Greater London SM5 3SB4
£680K11/210.29 mi18, Shirley Avenue, Sutton, Greater London SM1 3QT4
£746K08/230.3 mi1, Oxford Road, Carshalton, Greater London SM5 3QZ4
£740K09/210.3 mi32, Oxford Road, Carshalton, Greater London SM5 3QY4
£775K08/230.3 mi73, Shirley Avenue, Sutton, Greater London SM1 3QT4
£595K03/210.3 mi63, Shirley Avenue, Sutton, Greater London SM1 3QT4
£677K01/210.31 mi50, Carshalton Park Road, Carshalton, Greater London SM5 3SS4
£600K03/210.32 mi49, Colston Avenue, Carshalton, Greater London SM5 2PW4
£520K08/230.32 mi62, Westmead Road, Sutton, Greater London SM1 4JG4
£1.0M01/230.32 mi5, Salisbury Road, Carshalton, Greater London SM5 3HA4
£550K06/210.33 mi33, Carshalton Park Road, Carshalton, Greater London SM5 3SS4
£725K02/210.38 mi63, Salisbury Road, Carshalton, Greater London SM5 3HA4
£606K12/200.38 mi21, Kingsley Avenue, Sutton, Greater London SM1 3RE4
£860K03/210.39 mi8, The Park, Carshalton, Greater London SM5 3BY4
£685K07/210.39 mi46, Milton Avenue, Sutton, Greater London SM1 3QE4
£575K02/210.39 mi58, Milton Avenue, Sutton, Greater London SM1 3QE4
£643K01/210.39 mi9, Harrow Road, Carshalton, Greater London SM5 3QH4
£685K04/230.4 mi29, Mead Crescent, Sutton, Greater London SM1 3QS4
£550K11/200.43 mi17, Gauntlett Road, Sutton, Greater London SM1 4RY4
£973.4K03/210.44 mi21, The Square, Carshalton, Greater London SM5 3BN4
£900K12/220.44 mi62, Salisbury Road, Carshalton, Greater London SM5 3HD4
£925K01/230.45 mi9, The Square, Carshalton, Greater London SM5 3BN4
£500K11/200.45 mi7, Byron Gardens, Sutton, Greater London SM1 3QG4
£710K09/210.45 mi1, Orchard Way, Sutton, Greater London SM1 3QQ4
£795K04/230.46 mi137, Carshalton Park Road, Carshalton, Greater London SM5 3SF4
£487K08/210.47 mi18, Brookside, Carshalton, Greater London SM5 3BW4
£707.5K07/230.49 mi17, Ruskin Road, Carshalton, Greater London SM5 3DD4
£550K04/210.49 mi15, Ruskin Road, Carshalton, Greater London SM5 3DD4
£525K01/210.49 mi1, Florian Avenue, Sutton, Greater London SM1 3QH4
£576.5K07/210.49 mi17, Florian Avenue, Sutton, Greater London SM1 3QH4
£587.5K07/230.5 mi31, Benhill Road, Sutton, Greater London SM1 3RP4

Local Rents

44 rents from £1.6K/mo to £4.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,50008/240.14 mi-3
£2,50008/240.14 miHighfield Road, Sutton, SM13
£2,30008/240.2 miWales Avenue, Carshalton, Surrey3
£3,14204/250.2 mi-4
£2,75009/240.2 miCroft Road, Sutton, Surrey, SM14
£2,95009/240.23 miRingstead Road, Sutton4
£2,10009/240.25 miHarrow Road, Carshalton Beeches, Carshalton, SM53
£2,35002/240.28 mi-4
£2,35008/240.29 mi-3
£2,50004/250.29 mi-5
£2,80009/240.33 mi-4
£2,50004/250.33 mi-3
£2,70009/240.35 miCowper Avenue, Sutton3
£2,00008/240.35 miWaterloo Road Sutton SM13
£2,80009/240.36 miCowper Ave, Sutton, SM13
£2,75008/240.38 miCarshalton Park Road, Carshalton Beeches, Surrey, SM54
£2,95010/240.39 mi-4
£3,10009/240.39 miHarrow Road, Carshalton, SM54
£2,20008/240.4 miCarshalton Road, SM13
£2,10008/240.4 miCarshalton Road, Sutton, SM13
£2,10008/240.4 miCarshalton Road, SM13
£2,25002/240.41 miHarrow Road, Carshalton, SM53
£2,60009/240.44 miPark Hill, Carshalton, SM53
£2,30009/240.45 miBlakehall Road, Carshalton4
£2,30009/240.45 miByron Gardens, Sutton3
£2,70009/240.49 miGordon Road, Carshalton, SM54
£2,10008/240.51 miLangcroft Close, Carshalton, Surrey, SM53
£2,30009/240.51 miLangcroft Close, Carshalton, Surrey, SM53
£2,35011/240.51 mi-3
£2,35008/240.53 mi-3
£2,35008/240.53 miAshcombe Road, Carshalton, SM53
£2,29504/250.56 mi-3
£2,60008/240.56 mi-3
£2,60008/240.56 miDuke Street, Sutton, SM13
£2,75009/240.57 miPoulton Avenue, Sutton4
£2,10008/240.57 mi-3
£1,92008/240.58 mi-3
£2,00009/240.59 miPoulton Avenue, Sutton, SM13
£4,75009/240.59 miThicket Crescent, Sutton, SM15
£2,65009/240.59 miThicket Crescent, Sutton, SM15
£2,25009/240.6 miThicket Crescent, Sutton3
£2,20009/240.6 miMunslow Gardens, SUTTON3
£1,60004/250.61 mi-3
£2,00008/240.61 miNew Town House, Lind Road, Sutton, SM13

Local Area Statistics

Population in SM5

37,962

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+26%

Property History

Listed for £750,000

December 5, 2024

Floor Plans

Description

  • A Spacious Semi-Detached Property +
  • Currently Arranged As Two Flats +
  • Two Reception Room +
  • Two Kitchens +
  • Two Bathrooms +
  • Four Bedrooms +
  • Front & Rear Gardens +
  • Garage +
  • Popular Location +
  • Offered With No Chain +

OFFERED WITH NO CHAIN. Kenyons are delighted to offer for sale this spacious semi-detached house built circa 1920-1930 that is currently configured as two self-contained two bedroom flats. We feel the property could be turned back into a spacious character 4 bedroom family home quite easily. Currently on the ground floor is a good size lounge/dining room, kitchen, two double bedrooms and a bathroom. On the first floor there is a lounge, kitchen, two bedrooms, bathroom and separate w.c. The property also offers a garage/workshop, off street parking and front & rear gardens. Both the ground floor and the first floor have their own independent gas heating systems. The property is conveniently located in a popular residential road within walking distance of local shops, while Carshalton High Street, Ponds and train station are within ½ a mile from the house. The area offers a wide range of shopping, leisure and transport facilities including train links to London and the surrounding towns. The area is also has a good selection of schools both state and privately run including: St Philomena's, Sutton Grammar & High schools. Viewing Highly Recommended.

* GROUND FLOOR FLAT * ENTRANCE PORCH * ENTRANCE HALL *
* LOUNGE/DINING ROOM * FITTED KITCHEN * TWO DOUBLE BEDROOMS * BATHROOM *
* FIRST FLOOR FLAT * ENTRANCE HALL * LANDING * LOUNGE * KITCHEN *
* TWO DOUBLE BEDROOMS * BATHROOM * SEPARATE WC *
* GARAGE & OFF STREET PARKING * FRONT & REAR GARDENS *
* NO CHAIN * POPULAR LOCATION *

ACCOMMODATION:

GROUND FLOOR ACCOMMODATION:

ENTRANCE PORCH:

ENTRANCE HALL: Storage cupboard, radiator, door to entrance hall of first floor flat.

LOUNGE/DINING ROOM: 27'7 x 12'6 (Narrowing to 9'6). Two radiators, fitted shelving, sliding patio doors to rear garden.

KITCHEN: 11'2 x 9'2. Fitted with matching base and eye level units, worksurfaces, built in oven and hob, extractor hood, appliance space, window overlooking rear garden.

LOBBY: Door to side.

BATHROOM: 7'10 x 5'7. Fitted with white suite comprising of panel enclosed bath, wash hand basin with storage under, low flush w.c, radiator, airing cupboard house gas fired boiler, window.

BEDROOM ONE: 19'5 x 15'0. Window having front aspect, mirror fronted wardrobes, radiator.

BEDROOM TWO: 13'8 x 12'11. Windows having side aspect, mirror fronted wardrobes, radiator.

FIRST FLOOR ACCOMMODATION:

ENTRANCE HALL: Radiator, stairs to first floor, door to ground floor.

FIRST FLOOR LANDING: Window to side, radiator, access to loft.

LOUNGE: 19'9 x 14'11. BATHROOM: 8'9 x 7'9. Windows having front aspect, two radiators, fireplace.

KITCHEN: 11'0 x 9'6. Fitted with a range of base and eye level units, worksurfaces, built in oven and hob, extractor hood, appliance space, radiator, windows having front aspect.

BEDROOM ONE: 16'2 x 14'7. Window having front aspect, fitted wardrobes, radiator.

BEDROOM TWO: 15'3 x 12'7. Windows having rear aspect, radiator, range of fitted wardrobes one housing gas fired boiler.

BATHROOM: 8'2 x 7'3. Comprising of a white suite with shaped panel enclosed bath, wash hand basin with storage under, shower cubical, radiator, window.

SEPARATE WC: Low flush w.c, radiator, window.

OUTSIDE: REAR GARDEN: With area of patio, area of lawn.

DETACHED GARAGE/WORKSHOP: Accessed via own Driveway, with up and over door, window to rear, door to workshop/utility area, door to rear garden from utility area.

FRONT GARDEN:

TENURE: FREEHOLD: We have been informed by the sellers that the property is under one freehold title, however as the property is currently arranged as two flats each flat and have been rented out in the past each flat currently has its own utility supplies, separate heating systems and each has their own council tax banding.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.

MAKING AN OFFER:

ALL OFFERS MUST BE SUBMITTED IN WRITING

Please submit your offer via email

If you have any queries, please contact

With your offer we will need the following details/information from you.

  1. Contact Details - Your Name, Address, Phone Number and Email Address

  2. The amount you are offering for the property

  3. Details of your position - (are you a first time buyer, do you have a property to sell - if you have your own property under offer we will need the details of the estate agent you are selling through)

  4. Details of how you will be financing the purchase. (Are you a cash buyer or if you need a mortgage). Who you will be getting a mortgage from - the amount you will need to borrowing and how much deposit you will be putting in to the property.

  5. Proof of funding to include a copy of a mortgage agreement & proof of deposit amount.

Once we have the above information, we can then submit your offer to the vendor for consideration.

Kenyons - Established 1984 -
Celebrating 40 Years of successfully selling and letting properties in the local area.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.

Agent Details

Kenyons Estate Agents, Carshalton

020 8669 9333

Next Steps?

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