3 Bed Flat, Single Let, London, SE23 2JA, £330,000

Perry Vale, London, SE23 2JA - 3 views - 4 months ago

BTL
ROI: 5%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£280K - £724.5K
Sold Prices/m²£3.3K/m² - £8.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£399,300
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Total Cash In

£97,600

 

 

Cash Out

 

Rent Range

£1,600 - £4,500

Rent Estimate

£1,831

Running Costs/mo

£1,417

Cashflow/mo

£414

Cashflow/yr

£4,963

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £280K to £724.5K, average is £422.5K. £3.3K/m² to £8.6K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£322.5K01/230.01 miFlat 26, Valentine Court, Perry Vale, London, Greater London SE23 2JA3
£350K09/210.12 miFlat 90, Valentine Court, Perry Vale, London, Greater London SE23 2LL3
£347K09/230.15 miFlat 15, Perystreete, Perry Vale, London, Greater London SE23 2LF3
£510K12/200.17 mi9b, Aylward Road, London, Greater London SE23 2JE3
£525K06/230.38 mi144, Kilmorie Road, London, Greater London SE23 2SR3
£532K03/210.41 miFlat 25, Taymount Grange, Taymount Rise, London, Greater London SE23 3UH3
£635K03/210.41 mi2, Cranston Road, London, Greater London SE23 2HB3
£518K05/210.43 mi102a, Devonshire Road, London, Greater London SE23 3SX3
£724.5K04/210.43 mi35, Manor Mount, London, Greater London SE23 3PY3
£465K03/230.44 mi90a, Elsinore Road, London, Greater London SE23 2SN3
£425K07/230.46 miFlat 51, Forest Croft, Taymount Rise, Forest Hill, London, Greater London SE23 3UN3
£365K03/210.46 miFlat 36, Forest Croft, Taymount Rise, London, Greater London SE23 3UN3
£465K04/210.5 mi5a, Niederwald Road, London, Greater London SE26 4AD3
£500K04/210.54 miFirst Floor Flat, 18, Hurstbourne Road, London, Greater London SE23 2AB3
£470K09/210.54 mi65, Peak Hill, London, Greater London SE26 4NS3
£495K09/210.56 mi18, Kinver Road, London, Greater London SE26 4NT3
£507.5K12/200.57 mi46, Peak Hill, London, Greater London SE26 4LR3
£660K12/200.58 mi3a, Woolstone Road, London, Greater London SE23 2TR3
£493K10/200.62 mi4a, Fransfield Grove, London, Greater London SE26 6BA3
£625K06/210.62 mi15, Fransfield Grove, London, Greater London SE26 6BA3
£640K12/200.64 mi13, Peak Hill Avenue, London, Greater London SE26 4LG3
£317.5K02/210.65 mi8, Polecroft Lane, London, Greater London SE6 4EF3
£280K06/210.65 mi48, Polecroft Lane, London, Greater London SE6 4EF3
£305K06/210.65 mi26, Polecroft Lane, London, Greater London SE6 4EF3
£438K03/230.65 miFlat 8, Dunton Court, Sydenham Hill, London, Greater London SE23 3PJ3
£382.5K02/210.66 miFlat 2, Stanyhurst, Stanstead Road, Forest Hill, London, Greater London SE23 1JA3
£375K01/210.66 miFlat 42, Attleborough Court, Sydenham Hill, London, Greater London SE23 3PL3
£647K11/200.72 mi20a, Longton Grove, London, Greater London SE26 6QE3
£662.5K10/200.72 mi16a, Longton Grove, London, Greater London SE26 6QE3
£375K09/230.72 mi31, Wells Park Road, London, Greater London SE26 6JQ3
£374.8K02/230.72 mi67, Wells Park Road, London, Greater London SE26 6JQ3
£350K06/210.73 mi33, Wells Park Road, London, Greater London SE26 6JQ3
£387K10/200.73 mi29, Wells Park Road, London, Greater London SE26 6JQ3
£320K07/230.75 miFlat 2, Farley House, Sydenham Hill, London, Greater London SE26 6LR3
£622.8K04/210.77 mi9a, Wood Vale, London, Greater London SE23 3DS3
£350K11/200.78 miFlat 8, Dundry House, Sydenham Hill, London, Greater London SE26 6LP3
£330K06/210.78 mi50, Peters Path, London, Greater London SE26 6LE3
£305K03/210.8 miFlat 6, Woodbury House, Sydenham Hill, London, Greater London SE26 6AW3
£420K09/230.82 mi6a, Hall Drive, London, Greater London SE26 6XB3
£327.5K06/210.82 miFirst Floor Flat, 37, Homecroft Road, London, Greater London SE26 5QN3
£370K05/210.84 mi7, Peters Path, London, Greater London SE26 6LD3
£355K02/210.84 mi47, Duncombe Hill, London, Greater London SE23 1QY3
£315K11/210.85 miFlat 5, Pendle House, Sydenham Hill, London, Greater London SE26 6AL3
£317K06/230.86 miFlat 5, Cissbury House, Sydenham Hill, London, Greater London SE26 6TS3
£325K02/210.86 miFlat 2, Cissbury House, Sydenham Hill, London, Greater London SE26 6TS3
£410K01/230.87 mi1a, Lawrie Park Avenue, London, Greater London SE26 6HA3
£575K01/210.87 mi37b, Boveney Road, London, Greater London SE23 3NP3
£575K03/210.9 mi55a, Venner Road, London, Greater London SE26 5EJ3
£560K03/210.9 mi47a, Venner Road, London, Greater London SE26 5EJ3
£450K11/210.93 mi53a, Honor Oak Park, London, Greater London SE23 1EA3

Local Rents

51 rents from £1.6K/mo to £4.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,65003/250.01 mi-3
£1,60008/240.09 miPerry Vale, Forest Hill, SE233
£2,75008/240.11 miDacres Road, Forest Hill, London, SE233
£2,19508/240.13 miBroadmead, London, SE63
£2,50008/240.15 mi-3
£2,30008/240.19 miHindsleys Place London SE233
£2,45011/240.24 mi-3
£2,40003/250.24 mi-3
£2,10008/240.24 mi-3
£2,75008/240.25 miHennel Close, London, SE233
£2,75009/240.25 mi-3
£2,25008/240.27 miCentury Yard, Forest Hill, SE233
£1,85008/240.28 miPerry Vale, London, SE233
£2,00002/240.31 mi-3
£3,50008/240.32 miHavelock Walk, London, SE233
£3,50008/240.32 mi-3
£2,69508/240.36 miPerry Rise, London, SE233
£2,55012/240.36 mi-3
£2,25008/240.37 miColfe Road, London, SE233
£2,60008/240.41 mi-3
£2,95008/240.41 mi-3
£2,10008/240.42 miTaymount Rise, London, SE233
£1,87512/240.43 mi-3
£2,35002/240.43 mi-3
£2,35002/240.43 mi-3
£2,40008/240.44 miManor Mount London SE233
£4,50008/240.45 miVancouver road, SE233
£1,75008/240.46 miElsinore Road London SE233
£2,80008/240.46 miTaymount Rise, Forest Hill, London, SE233
£1,85010/240.47 mi-3
£3,00008/240.47 miSydenham Park Road, London, SE263
£3,15009/240.47 mi-3
£1,80008/240.48 miMoore House, Willow Way, Sydenham, SE263
£2,20001/250.48 mi-3
£2,20001/250.48 mi-3
£2,57508/240.49 mi33-39 Beadnell Road London SE233
£3,05008/240.49 miBeadnell Road London SE233
£2,50012/240.5 mi-3
£2,39508/240.5 miGrizedale Terrace, London, SE233
£3,40008/240.51 miCheseman Street London SE263
£2,30001/250.51 mi-3
£2,70008/240.52 miSydenham Park, London, SE263
£2,50008/240.52 miSydenham Park, London, SE263
£3,40008/240.52 miCheseman Street, London, SE263
£2,30008/240.54 miAdamsrill Road, London3
£2,50008/240.54 miHouston Road, Forest Hill, London, SE233
£2,45008/240.54 mi-3
£4,00003/250.55 mi-3
£2,75003/250.55 mi-3
£2,30008/240.56 mi-3
£2,50008/240.58 miHouston Road, Forest Hill, SE233

Local Area Statistics

Population in SE23

33,682

Population in London

4,771,921

Town centre distance

6.77 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Listed for £330,000

December 13, 2024

Floor Plans

Description

  • Guide Price £350,000 - £330,000 +
  • Three Bedroom Ground Floor Apartment +
  • Ideal For First Time Buyers, Investors & Down Sizers +
  • No Onward Chain +
  • Bright & Spacious Living Room +
  • Fitted Kitchen With Integrated Appliances +
  • Three Piece Fitted Bathroom +
  • Ample Storage +
  • Communal Gardens & Allocated Parking +
  • Close Proximity To Local Amenities, Schools, Shops & Public Transport Links Into London & Surrounding Areas +

INTERNAL: Entrance Hall - With multiple storage cupboards, and doors leading to all primary rooms of the accommodation.  Lounge - A bright and spacious room offering generous space for furniture for a range of uses, with a large double glazed window providing ample natural light, laminate flooring, and a feature fireplace.  Kitchen - A beautifully presented kitchen fitted with a range of wall and base units with complimenting worktops, with a double glazed window, tiled flooring, and tiled splashbacks, integrated appliances including an electric countertop stove, extractor hood, and oven, further space and plumbing for additional appliances, and an inset sink with a mixer tap and drainer. Bedroom One - A large double sized bedroom with dual aspect double glazed windows, and laminate flooring.  Bedroom Two - A large double sized bedroom with dual aspect double glazed windows, and laminate flooring.  Bedroom Three - A small double sized bedroom with a double glazed window, and laminate flooring.  Bathroom - A three piece fitted bathroom comprising of a push-button WC, a wash hand basin, a panelled bath, a chrome effect heated towel rack, partially tiled walls, and an obscure double glazed window.  EXTERNAL: Externally, the property benefits from residents parking and communal gardens. ADDITIONAL INFORMATION: Council Tax Band: B Local Authority: Lewisham *This information is to be confirmed by the solicitor* Early viewing is highly recommended due to the property being realistically priced. Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property. TENURE To be confirmed by the Vendor’s Solicitors POSSESSION Vacant possession upon completion VIEWING Viewing strictly by appointment through The Express Estate Agency

Agent Details

Express Estate Agency, Nationwide

03330 165458

Next Steps?

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