3 Bed Flat, Single Let, Orpington, BR6 9DA, £239,995

Court Road, Orpington, BR6 9DA - 5 months ago

Sold STC
Leasehold
BTL
ROI: 12%
~86 m²
+11 photos

ValuationUndervalued

Sold Prices£299K - £430K
Sold Prices/m²£3.4K/m² - £6K/m²

 

 

Square Metres

~85.80 m²
Price/m²£2.8K/m²

Value Estimate

£287,994
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,999

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,199

 

 

Cash Out

 

Rent Range

£1,650 - £2,880

Rent Estimate

£1,899

Running Costs/mo

£1,150

Cashflow/mo

£749

Cashflow/yr

£8,991

ROI

12%

Gross Yield

9%

Local Sold Prices

13 sold prices from £299K to £430K, average is £350K. £3.4K/m² to £6K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£330K04/210.91 mi120a, Sevenoaks Road, Orpington, Greater London BR6 9JZ3
£350K03/210.91 mi122, Sevenoaks Road, Orpington, Greater London BR6 9JZ3
£299K10/200.95 mi191a, High Street, Orpington, Greater London BR6 0PF3
£430K07/231 mi10, Brow Crescent, Orpington, Greater London BR5 4LR3
£330K10/221 mi194a, High Street, Orpington, Greater London BR6 0JN3
£350K07/231.23 mi5, Elmcroft Road, Orpington, Greater London BR6 0HZ3
£318K11/201.6 mi81, Woodcote Drive, Orpington, Greater London BR6 8DT3
£360K12/221.62 mi81, Woodcote Drive, Orpington, Greater London BR6 8DT3
£390K08/231.77 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£335K06/211.77 mi30, Ladycroft Way, Orpington, Greater London BR6 7BY3
£375K07/211.84 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£406K09/231.85 mi64, Ladycroft Way, Orpington, Greater London BR6 7BZ3
£390K12/222.91 mi10, Thorndon Road, Orpington, Greater London BR5 2SL3

Local Rents

18 rents from £1.6K/mo to £2.9K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.01 miCourt Road, BR63
£2,20001/240.07 mi-3
£2,20012/240.07 mi-3
£2,88002/240.26 mi-3
£2,20004/240.42 mi-3
£2,20003/240.42 miRepton Road, Orpington, BR63
£2,50001/250.43 mi-3
£2,35003/250.44 mi-3
£1,89903/240.47 mi-3
£1,89003/240.47 mi-3
£2,65012/240.49 mi-3
£1,90003/250.49 mi-3
£2,30012/240.55 miBroadwalk Orpington BR63
£2,30012/240.55 miBroadwalk, Orpington, BR63
£2,20012/240.56 mi-3
£2,20012/240.56 mi-3
£2,10012/240.56 mi-3
£2,20012/240.56 miOpp. Chelsfield Station, Orpington, United Kingdom, BR63

Local Area Statistics

Population in BR6

46,065

Population in Orpington

92,068

Town centre distance

0.88 miles away

Nearest school

0.30 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £239,995

February 12, 2025

Price changed to £245,000

January 31, 2025

Listed for £250,000

December 6, 2024

Floor Plans

Description

This three bedroom split level flat is situated on the south side of Orpington, close to local shops and Chelsfield station which is just three quarters of a mile away by foot.

An ideal buy to let investment, the accommodation includes a living/dining room and kitchen/breakfast room on the ground floor, and there are three bedrooms and a bathroom on the first floor. The property is double glazed and has gas central heating.
It also comes with a small private garden.

Orpington is a thriving suburban town within the M25 with many people drawn to the area for the reputable schools and the railway stations that can transport you into London in as little as 17 minutes. Chelsfield station is within three quarters of a mile and there are a local shops litterally a few meters away. The town centre has a comprehensive range of shops and facilities including the Walnuts Shopping Centre and Odeon cinema. Sports facilities are also well catered for with the Walnuts Leisure Centre, golf courses, football and rugby clubs all within the area. You will also find larger stores at the Nugent Retail Park along with electrical superstores, furniture shops and DIY centres along the Sevenoaks Way. Shopping centres at Bluewater and Bromley can also be found within 10 miles drive or bus ride.

Local Authority: Bromley
Council Tax Band: C

Agent Details

Alan de Maid, Orpington

01689 661648

Next Steps?

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