2 Bed Flat, Single Let, London, SE6 1NB, £250,000

Cumberland Place, Catford, London, SE6 1NB - 1 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 7%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£187.5K - £487.5K
Sold Prices/m²£3.2K/m² - £8.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£300,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,500 - £2,450

Rent Estimate

£1,550

Running Costs/mo

£1,111

Cashflow/mo

£439

Cashflow/yr

£5,268

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £187.5K to £487.5K, average is £290K. £3.2K/m² to £8.3K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£225K02/230.01 miFlat 16, Rothesay Court, Cumberland Place, London, Greater London SE6 1NB2
£257.5K03/230.08 miFlat 17, Montrose Court, Cumberland Place, London, Greater London SE6 1NA2
£245K10/230.18 miFlat 12, Hamilton Court, Cumberland Place, London, Greater London SE6 1LY2
£356.5K08/210.32 mi37a, Hazelbank Road, Catford, London, Greater London SE6 1LN2
£282.5K05/210.33 mi47b, Ronver Road, London, Greater London SE12 0NR2
£325K11/200.33 miBasement Flat, 13, Ronver Road, London, Greater London SE12 0NR2
£278K12/200.41 mi57, Sandstone Road, London, Greater London SE12 0UR2
£250K11/200.42 mi106, Evans Road, London, Greater London SE6 1QQ2
£372K10/210.43 mi210a, Wellmeadow Road, Catford, London, Greater London SE6 1HS2
£235K07/230.45 mi179b, Broadfield Road, London, Greater London SE6 1TJ2
£305K01/210.45 mi34, Corona Road, London, Greater London SE12 9NN2
£400K07/230.47 miBasement Flat, 126, Burnt Ash Hill, London, Greater London SE12 0HT2
£360K04/210.5 mi33a, Baring Road, London, Greater London SE12 0JP2
£255K09/210.53 mi11, Dilhorne Close, London, Greater London SE12 0BL2
£310K01/230.58 miFlat 28, Holm Court, Le May Avenue, London, Greater London SE12 0BD2
£290K07/230.59 miFlat 26, Verdant Court, Verdant Lane, London, Greater London SE6 1LE2
£187.5K05/210.59 miFlat 2, Rowan Court, Burnt Ash Hill, London, Greater London SE12 0HS2
£295K04/210.6 mi10, Stoneycroft Close, London, Greater London SE12 0SL2
£320K07/210.6 mi54, Stoneycroft Close, London, Greater London SE12 0SL2
£330K12/200.6 mi44, Balder Rise, London, Greater London SE12 9PF2
£485K11/210.61 mi1a, Birch Grove, London, Greater London SE12 0SS2
£420K07/230.61 mi5a, Broadfield Road, London, Greater London SE6 1ND2
£260K05/210.62 mi18, Hope Close, London, Greater London SE12 0BW2
£275K06/210.62 mi33, Hope Close, London, Greater London SE12 0BW2
£295K07/230.63 mi14, Chinbrook Crescent, London, Greater London SE12 9TJ2
£300K11/200.63 mi50d, Burnt Ash Hill, London, Greater London SE12 0JW2
£358K03/210.64 miFlat 18, Oldman Court, Marvels Lane, London, Greater London SE12 9PY2
£251K12/220.67 mi30, Gavestone Road, London, Greater London SE12 9BP2
£303K06/230.67 mi30q, Burnt Ash Hill, London, Greater London SE12 0JL2
£305K12/220.68 mi120, Marvels Lane, London, Greater London SE12 9PG2
£293.9K06/230.68 mi90, Marvels Lane, London, Greater London SE12 9PG2
£292.5K12/220.68 mi114, Marvels Lane, London, Greater London SE12 9PG2
£310K01/230.7 mi39, Amblecote Road, London, Greater London SE12 9TN2
£290K03/210.7 mi54b, Ardgowan Road, London, Greater London SE6 1UU2
£230K11/210.71 mi30, Simnel Road, London, Greater London SE12 9BG2
£425K12/200.72 mi81a, Birkhall Road, London, Greater London SE6 1TD2
£290K12/230.72 mi322c, Hither Green Lane, London, Greater London SE13 6TS2
£275K04/210.73 mi15, Amblecote Close, London, Greater London SE12 9TP2
£271K11/200.73 mi20, Amblecote Close, London, Greater London SE12 9TP2
£280K04/210.73 mi3, Amblecote Close, London, Greater London SE12 9TP2
£295K01/230.73 mi20, Amblecote Close, London, Greater London SE12 9TP2
£248K01/210.73 miFlat 49, Woodstock Court, Burnt Ash Hill, London, Greater London SE12 9HT2
£265K03/210.73 miFlat 56, Woodstock Court, Burnt Ash Hill, London, Greater London SE12 9HT2
£270K05/230.73 miFlat 30, Woodstock Court, Burnt Ash Hill, London, Greater London SE12 9HT2
£338K01/240.74 miGround Floor Flat, 328a, Brownhill Road, London, Greater London SE6 1AX2
£265K02/210.75 mi38, Amblecote Road, London, Greater London SE12 9TL2
£217.5K03/210.76 mi92, Amblecote Road, London, Greater London SE12 9TW2
£275K04/210.76 mi164, Alnwick Road, London, Greater London SE12 9BT2
£285K12/230.77 mi51b, Ardoch Road, London, Greater London SE6 1SN2
£487.5K11/200.77 mi65a, Wellmeadow Road, Catford, London, Greater London SE13 6TA2

Local Rents

49 rents from £1.5K/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65008/240 miCumberland Place, Canary Wharf, SE62
£1,65008/240 miCumberland Place, London, SE62
£1,70009/240.01 mi-2
£1,65004/250.01 mi-2
£1,65008/240.02 miCumberland Place, Catford, London, SE62
£1,50008/240.02 miCumberland Place, Rothesay Court Cumberland Place, SE62
£1,55008/240.06 miOak Apple Court, Lewisham, SE122
£1,55008/240.06 miOak Apple Court London SE122
£1,55008/240.07 mi-2
£1,55008/240.07 miOak Apple Court, London, SE122
£1,80009/240.1 mi-2
£2,45003/250.11 mi-2
£1,65004/250.11 mi-2
£1,60008/240.16 miPalace View, London2
£1,65011/240.3 mi-2
£1,90008/240.3 mi-2
£1,75008/240.31 miBoundfield Road London SE62
£1,78004/250.32 mi-2
£1,60003/240.34 miPendragon Road, Bromley, BR12
£1,65008/240.35 miRonver Road Lee SE122
£1,60008/240.36 miCumberland Place Catford SE62
£1,80008/240.38 miBaring Road Lee SE122
£1,90008/240.38 miSummerfield Street Lee SE122
£2,00003/240.4 miNorthover, Bromley, BR12
£1,90003/240.4 mi-2
£2,00001/250.4 mi-2
£1,60002/240.4 mi-2
£1,60008/240.41 miBurnt Ash Hill Lee SE122
£1,55001/250.42 mi-2
£2,10011/240.42 mi-2
£1,75011/240.43 mi-2
£1,65008/240.44 mi143 Burnt Ash Hill, London, SE122
£1,60008/240.44 mi-2
£1,95012/240.45 mi-2
£1,75003/250.46 mi-2
£1,75004/250.46 mi-2
£2,00008/240.47 miWinn Road, London, SE122
£1,65008/240.47 miBurnt Ash Hill London SE122
£1,57508/240.48 mi102 Burnt Ash Hill, London, SE122
£2,20003/240.48 mi-2
£1,75004/240.49 miBallamore Road, Grove Park, BR12
£1,75004/240.49 miBallamore Road, Grove Park, BR12
£1,65003/250.49 mi-2
£1,60008/240.5 mi-2
£1,60008/240.5 mi-2
£1,75008/240.5 miElwyn Gardens, London, SE122
£1,70008/240.5 miBaring Road London SE122
£1,86802/250.52 mi-2
£1,96804/250.52 mi-2

Local Area Statistics

Population in SE6

53,011

Population in London

4,771,921

Town centre distance

8.04 miles away

Nearest school

0.40 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £250,000

December 19, 2024

Floor Plans

Description

  • Top Floor Flat +
  • Two Bedrooms +
  • Vacant Posession +
  • Fully Electric +
  • Off-Street Parking +
  • Long Lease +

Robinson-Jackson are proud to offer this top floor apartment located in popular Scottish 'Cumberland Place' development of Catford. With fitted kitchen and bathroom, fully electric and vacant possession, viewing is essential.

Key Terms
LOCATION
Catford is growing in popularity among commuters as journeys from its two mainline stations can take as little as 10 minutes to Central London.
The Broadway Theatre is an impressive Art Deco building, with a regular programme of shows and events. Catford’s other premium attraction is Mountsfield Park – one of London’s best open spaces and home of the annual People’s Day. Catford’s Black Cat sculpture remains a well-loved landmark.

OTHER INFORMATION
Local Authority: London Borough of Lewisham
Council Tax: Band C (£1,712 pa)

Agent Details

Robinson Jackson, Catford

020 3840 3628

Next Steps?

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