3 Bed Terraced House, Refurb/BRRR, London, SE6 4BX, £485,000

Datchet Road, London, SE6 4BX - 2 views - 4 months ago

Refurb/BRRR
~93 m²
+13 photos

ValuationUndervalued

Sold Prices£390K - £767.5K
Sold Prices/m²£4.7K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.2K/m²

Value Estimate

£512,692

 

 

End Value (After Refurb)

£552,124

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£29,900

Refurb Costs

£49,243

Bridging Loan Interest

£12,731

Total Cash In

£214,874

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£552,124

Mortgage (After Refinance)

£414,093

Mortgage LTV

75%

Cash Released

£50,343

Cash Left In

£164,532

Equity

£138,031

Rent Range

£1,750 - £4,500

Rent Estimate

£2,253

Running Costs/mo

£2,196

Cashflow/mo

£57

Cashflow/yr

£684

ROI

0%

Gross Yield

6%

Local Sold Prices

50 sold prices from £390K to £767.5K, average is £583.8K. £4.7K/m² to £8.2K/m², average is £6K/m².

PriceDateDistanceAddressBeds 
£515K10/210.03 mi34, Castlands Road, London, Greater London SE6 4LN3
£393K01/230.06 mi38, Burford Road, London, Greater London SE6 4DD3
£485K03/210.07 mi78, Burford Road, London, Greater London SE6 4DB3
£510K12/200.07 mi129, Burford Road, London, Greater London SE6 4DB3
£600K12/230.07 mi86, Perry Hill, London, Greater London SE6 4EY3
£635K02/240.09 mi15, Aldermoor Road, London, Greater London SE6 4DL3
£615K03/210.09 mi38, Winsford Road, London, Greater London SE6 4LX3
£650K09/230.09 mi24, Helvetia Street, London, Greater London SE6 4EX3
£470K07/230.1 mi6, Cameron Road, London, Greater London SE6 4DJ3
£500K07/230.12 mi89, Selworthy Road, London, Greater London SE6 4DW3
£610K09/210.13 mi53, Winsford Road, London, Greater London SE6 4LT3
£510K11/200.13 mi1a, Winsford Road, London, Greater London SE6 4LS3
£620K05/230.13 mi9, Tugela Street, London, Greater London SE6 4DQ3
£663.5K09/230.13 mi2, Nyon Grove, London, Greater London SE6 4EU3
£530K02/240.14 mi106, Selworthy Road, London, Greater London SE6 4DN3
£600K08/230.14 mi25, Clarens Street, London, Greater London SE6 4ES3
£516K04/230.14 mi2, Tugela Street, London, Greater London SE6 4DG3
£460K11/200.15 mi105, Houston Road, London, Greater London SE23 2RL3
£515K03/210.16 mi89, Datchet Road, London, Greater London SE6 4BZ3
£390K12/200.16 mi75, Datchet Road, London, Greater London SE6 4BZ3
£571K12/220.16 mi95, Datchet Road, London, Greater London SE6 4BZ3
£625K10/220.17 mi18, Selworthy Road, London, Greater London SE6 4DP3
£630K04/210.17 mi83, Hawkesfield Road, London, Greater London SE23 2TN3
£565K03/210.17 mi14, Houston Road, London, Greater London SE23 2RN3
£500K03/210.17 mi12, Houston Road, London, Greater London SE23 2RN3
£500K03/210.17 mi36, Neuchatel Road, London, Greater London SE6 4EQ3
£645K12/220.17 mi27, Selworthy Road, London, Greater London SE6 4DP3
£520K11/200.17 mi73, Houston Road, London, Greater London SE23 2RL3
£500K08/230.17 mi91, Houston Road, London, Greater London SE23 2RL3
£521K05/210.17 mi85, Houston Road, London, Greater London SE23 2RL3
£610K04/210.19 mi2, Hawkesfield Road, London, Greater London SE23 2TL3
£670K02/230.19 mi31, Neuchatel Road, London, Greater London SE6 4EH3
£605K04/210.2 mi36, Levendale Road, London, Greater London SE23 2TW3
£720.1K04/210.2 mi44, Levendale Road, London, Greater London SE23 2TW3
£696.6K11/200.2 mi19, Levendale Road, London, Greater London SE23 2TP3
£630K11/210.2 mi15, Levendale Road, London, Greater London SE23 2TP3
£720K07/230.25 mi1, Ticehurst Road, London, Greater London SE23 2TJ3
£540K09/210.25 mi5, Priestfield Road, London, Greater London SE23 2RW3
£695K06/210.25 mi21, Priestfield Road, London, Greater London SE23 2RW3
£675K02/230.26 mi60, Priestfield Road, London, Greater London SE23 2RS3
£688.5K02/210.26 mi68, Priestfield Road, London, Greater London SE23 2RS3
£545K03/210.26 mi42, Priestfield Road, London, Greater London SE23 2RS3
£600K02/230.31 mi33, Exbury Road, London, Greater London SE6 4NB3
£650K04/210.31 mi51, Exbury Road, London, Greater London SE6 4NB3
£499.9K11/210.31 mi250, Perry Hill, London, Greater London SE6 4HD3
£405K04/210.33 mi118, Firhill Road, London, Greater London SE6 3SF3
£418.4K03/210.34 mi67, Firhill Road, London, Greater London SE6 3SE3
£422.5K04/210.35 mi62, Firhill Road, London, Greater London SE6 3SA3
£596.5K09/210.35 mi161, Woolstone Road, London, Greater London SE23 2TG3
£767.5K11/210.35 mi151, Woolstone Road, London, Greater London SE23 2TG3

Local Rents

50 rents from £1.8K/mo to £4.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,50008/240.13 miHouston Road, Forest Hill, SE233
£2,40012/240.13 mi-3
£2,40008/240.14 miTugela Street London SE63
£2,50008/240.18 miHouston Road, Forest Hill, London, SE233
£2,00008/240.29 mi-3
£2,20002/250.32 mi-3
£2,30010/240.32 mi-3
£2,25002/250.32 mi-3
£2,60008/240.35 miExbury Road, London, SE6 4ND3
£1,75008/240.35 miElsinore Road London SE233
£2,20001/250.36 mi-3
£1,80008/240.37 miCatford Hill, London, SE63
£2,25011/230.38 miAdamsrill Road, Sydenham, SE263
£2,69508/240.39 miPerry Rise, London, SE233
£2,40002/250.39 mi-3
£1,85010/240.4 mi-3
£2,30001/250.4 mi-3
£2,40004/250.41 mi-3
£3,00003/250.42 mi-3
£1,85008/240.42 miPerry Vale, London, SE233
£4,50008/240.43 miVancouver road, SE233
£2,20011/240.44 mi-3
£2,00008/240.46 miHolmshaw Close, London, SE263
£2,45011/240.49 mi-3
£2,40003/250.49 mi-3
£2,10008/240.51 mi-3
£2,60008/240.52 mi-3
£2,30008/240.52 miFirhill Road, LONDON3
£1,97508/240.53 mi-3
£1,90003/250.53 mi-3
£2,30008/240.53 mi-3
£2,30008/240.53 miLondon, SE263
£2,30008/240.53 miFirhill Road, Sydenham, London, SE63
£1,95010/240.54 mi-3
£1,80008/240.55 miStanstead Road, London, SE63
£1,80008/240.55 miSouthend Lane, London, SE63
£2,30008/240.55 mi-3
£1,95012/240.55 mi-3
£2,69504/250.55 mi-3
£2,29508/240.55 miFirhill Road, London, SE63
£2,30008/240.56 miFirhill Road, Catford3
£2,15004/250.57 mi-3
£1,82001/250.57 mi-3
£2,10008/240.57 mi-3
£2,45008/240.59 mi-3
£4,00004/250.6 mi-3
£2,30002/250.61 mi-3
£2,25008/240.61 miColfe Road, London, SE233
£2,00008/240.61 miRavensbourne Road, London, SE63
£2,25008/240.61 miKangley Bridge Road, Sydenham3

Local Area Statistics

Population in SE6

53,011

Population in London

4,771,921

Town centre distance

7.15 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £485,000

February 28, 2025

Listed for £515,000

December 23, 2024

Sold for £183,000

2004

Sold for £147,500

2004

Floor Plans

Description

  • Guide Price £535,000 - £515,000 +
  • Well-Presented Mid Terrace Victorian House +
  • Three Double Bedrooms +
  • Two Spacious Reception Rooms +
  • Well-Appointed Kitchen & Separate Utility Room +
  • Modern Four Piece Bathroom +
  • Foreyard & On-Street Parking +
  • Enclosed Rear Lawned Garden +
  • 10 Minute Commuter Links into Central London +
  • Popular Area Close to Amenities, Good Schools & Road/Transport Links +

A three bedroom mid terraced Victorian bay fronted house providing bright and spacious accommodation throughout and offered to the market with no onward chain, located in a sought after area on the borders of Catford and Forest Hill of Perry Hill. The property has been well-maintained and improved over the years and offers fantastic potential for further refurbishment and modernisation, making it most ideal for either first time buyers looking to get onto the property ladder and put their own stamp on a home, or for investors looking for a renovation project to re-market or rent out. Internally and to the ground floor the property comprises an entrance porch leading to a welcoming hall with stairs to the first floor, a spacious lounge with a front aspect bay window and a feature fireplace, a large dining room, a well-appointed kitchen, a useful utility room with a Velux skylight window and access to the rear garden, and a modern four piece bathroom suite.  To the first floor there is a landing with an airing cupboard, three well-proportioned bedrooms all of which could space double beds and including a large main front facing bedroom with a bay window and fitted wardrobes. Externally the property benefits from a walled foreyard and on-street parking to the front and a lawned garden to the rear with a storage shed and plant beds. The property is located in a pleasant residential area in Catford which is rising in popularity due to its fast links into Central London with commuting links from two nearby mainline stations taking as little as 10 minutes, and there are a great range of local shops, amenities, good schools and further road and public transport links into and around London. Early viewing is highly recommended due to the property being realistically priced. ADDITIONAL INFORMATION: Council Tax Band: C Local Authority: Lewisham 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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