4 Bed Terraced House, Refurb/BRRR, London, SE13 7TZ, £600,000

4 Overcliff Road, London, Greater London, SE13 7TZ - 49 views - 4 months ago

Refurb/BRRR
~129 m²

ValuationFair Value

Sold Prices£565.8K - £1.4M
Sold Prices/m²£4.8K/m² - £10.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.6K/m²

Value Estimate

£606,000

 

 

End Value (After Refurb)

£940,506

Uplift in Value

+57%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£68,412

Bridging Loan Interest

£15,750

Total Cash In

£272,612

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£940,506

Agent Fees (1%)

£9,405

Bridging Loan

£450,000

Bridging Loan Interest

£15,750

Flip Profit

£208,489

Local Sold Prices

51 sold prices from £565.8K to £1.4M, average is £860K. £4.8K/m² to £10.5K/m², average is £7.3K/m².

PriceDateDistanceAddressBeds 
£565.8K12/220.05 mi83, Halesworth Road, London, Greater London SE13 7TL4
£725K07/230.06 mi22, Ladycroft Road, London, Greater London SE13 7BY4
£862.5K06/210.07 mi16, Shell Road, London, Greater London SE13 7TW4
£940.5K11/230.11 mi3, Sandrock Road, London, Greater London SE13 7TS4
£800K03/210.11 mi45, Brookbank Road, London, Greater London SE13 7BX4
£797K03/210.11 mi62, Brookbank Road, London, Greater London SE13 7BX4
£1.4M06/210.12 mi107, Tyrwhitt Road, London, Greater London SE4 1QE4
£669K09/210.14 mi20, Algernon Road, London, Greater London SE13 7AT4
£830K03/210.14 mi39, Algernon Road, London, Greater London SE13 7AT4
£830K03/210.14 mi39, Algernon Road, London, Greater London SE13 7AT4
£747.5K05/210.15 mi39, Ermine Road, London, Greater London SE13 7JT4
£860K06/210.16 mi108, Shell Road, London, Greater London SE13 7DF4
£670K01/230.16 mi25, Ermine Road, London, Greater London SE13 7JT4
£890K06/210.16 mi19, Fossil Road, London, Greater London SE13 7DE4
£921K03/210.17 mi4, Tyrwhitt Road, London, Greater London SE4 1QG4
£604K03/210.18 mi29, Branscombe Street, London, Greater London SE13 7AY4
£814K10/230.18 mi18, Branscombe Street, London, Greater London SE13 7AY4
£822.5K02/230.18 mi3, Sunninghill Road, London, Greater London SE13 7SS4
£840K04/230.19 mi59, Cliffview Road, London, Greater London SE13 7DB4
£875K09/230.19 mi25, Cliffview Road, London, Greater London SE13 7DB4
£720K08/230.21 mi1, Somerset Gardens, London, Greater London SE13 7SY4
£892.5K06/230.21 mi8, Cliffview Road, London, Greater London SE13 7DD4
£810K12/230.22 mi42, Ellerdale Street, London, Greater London SE13 7JU4
£700K10/210.23 mi11, Ellerdale Street, London, Greater London SE13 7JX4
£1.3M03/210.25 mi14, Hilly Fields Crescent, London, Greater London SE4 1QA4
£915K10/220.27 mi92, Ermine Road, London, Greater London SE13 7JR4
£1.4M12/200.28 mi6, Cliff Terrace, London, Greater London SE8 4DZ4
£1.1M07/220.29 mi7, Cliff Terrace, London, Greater London SE8 4DZ4
£620K03/210.3 mi2, Smead Way, London, Greater London SE13 7GE4
£957K12/200.3 mi106, Embleton Road, London, Greater London SE13 7DG4
£740K09/230.32 mi150, Algernon Road, London, Greater London SE13 7AW4
£850K03/210.33 mi51, Marsala Road, London, Greater London SE13 7AA4
£710K08/230.35 mi54, Elverson Road, London, Greater London SE8 4JN4
£732.5K12/220.39 mi168, Algernon Road, London, Greater London SE13 7AW4
£895K10/200.41 mi44, Ashmead Road, London, Greater London SE8 4DX4
£1.0M01/210.41 mi15, Ashmead Road, London, Greater London SE8 4DY4
£1.2M09/220.42 mi1, Glensdale Road, London, Greater London SE4 1UE4
£670K06/230.44 mi14, Clandon Street, London, Greater London SE8 4EL4
£855K11/200.44 mi4, Algiers Road, London, Greater London SE13 7JE4
£902.5K04/210.44 mi6, Algiers Road, London, Greater London SE13 7JE4
£1.1M01/210.44 mi27, Vicars Hill, London, Greater London SE13 7JB4
£1.3M07/230.44 mi23, Vicars Hill, London, Greater London SE13 7JB4
£865K06/210.45 mi12, Ashby Road, London, Greater London SE4 1PA4
£1.2M06/220.45 mi19, Vicars Hill, London, Greater London SE13 7JB4
£745K03/210.45 mi137, Albyn Road, London, Greater London SE8 4EB4
£1.2M11/220.45 mi121, Albyn Road, London, Greater London SE8 4EB4
£1.2M10/210.45 mi59, Chalsey Road, London, Greater London SE4 1YN4
£1.1M11/200.46 mi12, Chalsey Road, London, Greater London SE4 1YW4
£1.3M05/230.46 mi33, Algiers Road, London, Greater London SE13 7JD4
£1.4M12/200.46 mi63, Manor Avenue, London, Greater London SE4 1TD4
£690K06/210.5 mi40, Admiral Street, London, Greater London SE8 4HZ4

Local Rents

49 rents from £700/mo to £6.9K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,15008/240.05 miLadycroft Road, Lewisham3
£3,00009/240.06 mi-3
£3,00008/240.11 miBrookbank Road, Lewisham, SE134
£2,20002/250.11 mi-3
£2,60008/240.12 miShell Road, Lewisham4
£1,99502/250.13 mi-3
£3,25009/240.13 mi-4
£6,90008/240.14 miLoampit Hill, London, SE134
£70010/240.15 mi-5
£1,70009/240.15 mi-3
£1,70009/240.15 mi-3
£3,00008/240.16 miCentralis House, 87-89 Loampit Vale, Lewisham, London3
£1,75008/240.16 miLoampit Vale, London, SE133
£2,90008/240.17 miBertrand Street London SE134
£2,00002/250.17 mi-3
£2,35008/240.18 miEmbleton Road, London, Greater London, SE133
£2,39012/240.21 mi-4
£4,50008/240.22 miVicars Hill, London, SE136
£4,50008/240.22 mi-6
£4,50008/240.22 mi-6
£4,50008/240.22 miVicars Hill, Lewisham6
£3,10008/240.27 miElmira Street London SE134
£2,75008/240.29 miElverson Road, Deptford, SE83
£2,75008/240.3 miElverson Road London SE83
£2,75008/240.3 miElverson Road, Deptford, SE83
£2,60008/240.31 miVenice Corte, 2 Elmira Street, LONDON, SE133
£2,70008/240.31 miCornmill Lane, London, SE133
£2,70008/240.31 miCornmill Lane, London, SE133
£2,60010/240.32 mi-3
£3,50012/240.32 mi-3
£2,40002/250.32 mi-3
£2,99508/240.34 miBreakspears Road, London, SE44
£2,60008/240.34 miBreakspears Road, London, SE43
£3,00008/240.36 miMarsala Road, Ladywell4
£3,20008/240.36 miAlgernon Road, Lewisham4
£2,20008/240.37 mi-3
£6,31003/250.38 mi-7
£1,90008/240.38 miErmine Road, Lewisham3
£3,69508/240.4 miConington Road, London, SE133
£3,74008/240.4 miConington Road, London, SE133
£2,30008/240.43 miMarsala Road, Lewisham, SE133
£2,50003/250.45 mi-3
£2,60008/240.45 miClandon Street, London, SE83
£3,25002/240.45 mi-4
£3,20009/240.45 mi-4
£4,90002/250.45 mi-4
£2,50008/240.46 miNectarine Way, Lewisham, SE134
£2,00008/240.48 mi-3
£4,46308/240.5 miServite House, Beck Close, Deptford, New Cross, London, SE13 7RE6

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

5.70 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £600,000

December 6, 2024

Sold for £88,000

1999

Floor Plans

Description

Guide Price £600,000 - £650,000

This period property offers flexible living accommodation, arranged over a lower ground floor, hall floor and first floors, and requires some modernisation.

This residential location always proves popular, with the wonderful open green spaces of Hilly Fields found nearby.

The busy commuter will be pleased with the stroll to either Lewisham Station or St Johns station, and for those thinking of schools, there are both Good & Outstanding according to Ofsted.

Tenure: Freehold
Council Tax: Lewiisham Band C

Agent Details

Conran Estates, Brockley

020 8629 8164

Next Steps?

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