3 Bed Flat, Refurb/BRRR, London, SE25 5EJ, £375,000

Eileen Road, London, SE25 5EJ - 10 views - 4 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 2%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£100K - £650K
Sold Prices/m²£3.4K/m² - £8.9K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£386,250
BMV3%

 

 

End Value (After Refurb)

£481,034

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£49,200

Bridging Loan Interest

£9,844

Total Cash In

£173,244

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£481,034

Agent Fees (1%)

£4,810

Bridging Loan

£281,250

Bridging Loan Interest

£9,844

Flip Profit

£21,730

Local Sold Prices

42 sold prices from £100K to £650K, average is £363.5K. £3.4K/m² to £8.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£422.5K05/230.33 mi15, Elm Road, Thornton Heath, Greater London CR7 8RH3
£280K05/210.4 miGround Floor Flat, 26, Clifton Road, London, Greater London SE25 6NL3
£267K03/210.45 mi119a, Ecclesbourne Road, Thornton Heath, Greater London CR7 7BR3
£286K06/210.56 mi35, Grange Park Road, Thornton Heath, Greater London CR7 8QE3
£530K10/220.56 mi3, Burton Close, Thornton Heath, Greater London CR7 8SU3
£580K12/210.62 mi71, Tennison Road, London, Greater London SE25 5RY3
£362K07/230.71 mi63a, Stretton Road, Croydon, Greater London CR0 6ES3
£415K10/200.81 mi54, Birchanger Road, London, Greater London SE25 5BB3
£345K06/210.83 mi197, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£330K03/230.86 mi132a, Melfort Road, Thornton Heath, Greater London CR7 7RP3
£320K02/230.88 mi23a, Hythe Road, Thornton Heath, Greater London CR7 8QQ3
£354K11/210.88 miFlat 3, Tomlins Court, South Norwood Hill, London, Greater London SE25 6BZ3
£290K02/210.92 mi35a, Lenham Road, Thornton Heath, Greater London CR7 8QT3
£285K10/200.93 mi124, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£360K01/230.93 mi130, Mersham Road, Thornton Heath, Greater London CR7 8NQ3
£250K03/230.98 mi3b, Canterbury Road, Croydon, Greater London CR0 3PY3
£255K06/231.05 miFlat 11, Westminster Court, Osborne Gardens, Thornton Heath, Greater London CR7 8PA3
£241.3K08/231.52 mi120, Auckland Road, London, Greater London SE19 2RP3
£420K08/211.57 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/211.57 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£300K11/201.6 mi17, Priory Crescent, London, Greater London SE19 3ED3
£390K01/211.6 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/211.6 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/211.6 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£408.3K03/211.61 mi46, Samos Road, London, Greater London SE20 7TU3
£435K09/231.63 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£445K06/211.66 mi9, The Woodlands, London, Greater London SE19 3EG3
£445.5K12/201.66 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/211.66 mi40a, Samos Road, London, Greater London SE20 7TU3
£395K06/211.73 miFlat 15, Maberley Court, Maberley Crescent, London, Greater London SE19 2JG3
£425K11/201.73 mi27a, Worbeck Road, London, Greater London SE20 7SW3
£100K06/231.76 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£350K11/201.76 miFlat 10, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£292K05/211.76 miFlat 5, Brooklyn, Anerley Road, London, Greater London SE20 8AZ3
£570K08/211.81 miFlat A, 85, Anerley Road, London, Greater London SE20 8AU3
£375K11/201.82 mi4a, Waldegrave Road, London, Greater London SE19 2AJ3
£650K02/211.89 mi55a, Central Hill, London, Greater London SE19 1BS3
£365K09/211.89 mi31, Cornish Grove, London, Greater London SE20 8RB3
£260K03/231.9 mi4a, Aberdeen Road, Croydon, Greater London CR0 1EQ3
£528K02/231.93 mi29, Castledine Road, London, Greater London SE20 8PL3
£300K02/211.94 miFlat 16, Phyllis House, Ashley Lane, Croydon, Greater London CR0 4HP3
£355K11/211.98 mi23, Trenholme Terrace, London, Greater London SE20 8PW3

Local Rents

50 rents from £1.6K/mo to £3.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,99901/250.03 mi-3
£1,74502/250.03 mi-3
£2,00008/240.05 miSouth Norwood, London, SE253
£2,00001/250.05 mi-3
£1,95009/240.05 mi-3
£2,00008/240.09 mi-3
£1,99511/240.13 mi-3
£2,15012/240.14 miCoppice Yard, Bell Foundry Close, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,30012/240.15 miCoppice Yard, Croydon, CR03
£2,85002/240.16 mi-3
£3,00005/240.16 mi-3
£2,75012/240.16 mi-3
£3,75012/240.16 mi-3
£2,80012/240.16 mi-3
£2,70003/250.16 mi-3
£2,20002/240.2 mi-3
£1,90002/240.22 mi-3
£2,20012/240.25 miBeaconsfield Road3
£2,00012/240.26 miPrincess Road, Croydon, CR03
£2,20012/240.28 mi-3
£1,95001/250.28 mi-3
£2,10003/240.29 miZion Road, Thornton Heath, Surrey, CR73
£1,90003/240.29 miZion Road, Thornton Heath, CR73
£2,00003/240.29 mi-3
£1,62502/240.31 mi-3
£1,62503/240.31 mi-3
£2,20012/240.32 mi-3
£2,20003/240.32 miTalbot Road, THORNTON HEATH3
£2,04003/250.32 mi-3
£2,65012/240.33 mi-3
£3,50003/250.33 mi-3
£2,20012/240.34 mi-3
£2,20005/240.35 miTalbot Road, Thornton Heath, CR73
£2,40004/240.37 miGilsland Road, Thornton Heath, CR73
£2,40005/240.37 mi-3
£2,30003/240.41 miKynaston Avenue , CR73
£2,30003/240.41 miKynaston Avenue , CR73
£2,30003/240.41 miKynaston Avenue , CR7 7BW3
£2,30004/240.41 miKynaston Avenue , CR7 7BW3
£2,50012/240.41 mi-3
£2,50002/250.42 mi-3
£2,10004/250.43 mi-3
£2,30001/250.46 mi-3
£2,10012/240.46 miSydenham Road, CROYDON3
£3,30003/250.47 mi-3

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £375,000

December 6, 2024

Description

  • CASH BUYERS ONLY +
  • TWO RECEPTION ROOMS +
  • THREE BEDROOMS +
  • LARGE KITCHEN +
  • IN NEED OF COMPLETE MODERNISATION +

guide price £375,000-£400,000

Jukes and co are pleased to offer this three bedroom, two reception rooms with an upstairs bathroom and a large garden.
Offered to to the market needing complete refurbishment.
This is a great area walking distance of Selhurst Station and Thornton Heath with Norwood Junction only being up the Road with it's 12 minute link to London bridge, easy access to East Croydon, Clapham Junction and several other popular destinations.
Close to Bus stops, shops, restaurants and schools
This is a great house

Agent Details

Jukes & Co Estate Agents, South Norwood

020 3835 5432

Next Steps?

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