2 Bed Flat, Single Let, London, SE20 8EE, £325,000

Minden Road, London, SE20 8EE - 2 views - 3 months ago

BTL

ROI: 2%

~68 m²

+17 photos

ValuationUndervalued

Sold Prices	£165K - £525K
Sold Prices/m²	£4.8K/m² - £9.2K/m²

Square Metres	~68.11 m²
Price/m²	£4.8K/m²
Value Estimate	£392,948£392,948
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£1,300 - £2,100£1,300 - £2,100
Rent Estimate	£1,450
Running Costs/mo	£1,326£1,326
Cashflow/mo	£124£124
Cashflow/yr	£1,493£1,493
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £165K to £525K, average is £334.4K. £4.8K/m² to £9.2K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£360K	07/21	0.08 mi	190a, Anerley Road, London, Greater London SE20 8TQ	£9,231	39	2	Flat
£300K	12/20	0.1 mi	8a, Jasmine Grove, London, Greater London SE20 8JW	£5,085	59	2	Flat
£335.5K	06/21	0.12 mi	Flat 7, Bettswood Court, Anerley Road, London, Greater London SE20 8EH	-	-	2	Flat
£310K	11/20	0.21 mi	12, Cranleigh Close, London, Greater London SE20 8TW	£5,741	54	2	Flat
£380K	04/23	0.21 mi	4, Sycamore Grove, London, Greater London SE20 8BS	£5,875	65	2	Flat
£525K	06/21	0.24 mi	16, Maple Road, London, Greater London SE20 8HB	£6,481	81	2	Flat
£275K	08/21	0.26 mi	Flat 1, Shipley Court, Selby Road, London, Greater London SE20 8SE	-	-	2	Flat
£405K	03/23	0.27 mi	27b, Anerley Park, London, Greater London SE20 8NF	-	-	2	Flat
£312K	01/21	0.28 mi	Flat 18, Melbourne Court, Anerley Road, London, Greater London SE20 8AR	-	-	2	Flat
£272.5K	03/21	0.28 mi	62, Selby Road, London, Greater London SE20 8SG	£5,240	52	2	Flat
£314K	01/21	0.29 mi	Flat 9, Brooklyn, Anerley Road, London, Greater London SE20 8AZ	-	-	2	Flat
£290K	08/21	0.29 mi	Flat 22, Brooklyn, Anerley Road, London, Greater London SE20 8AZ	-	-	2	Flat
£261K	09/21	0.29 mi	Flat 14, Roberts Court, Maple Road, London, Greater London SE20 8JJ	-	-	2	Flat
£265K	02/23	0.29 mi	Flat 5, Roberts Court, Maple Road, London, Greater London SE20 8JJ	-	-	2	Flat
£355K	04/23	0.3 mi	43a, Anerley Park, London, Greater London SE20 8NQ	-	-	2	Flat
£230K	02/23	0.31 mi	Flat 9, Grove Court, Oakfield Road, London, Greater London SE20 8RG	-	-	2	Flat
£320K	04/21	0.32 mi	Flat 22, Anerley Court, Anerley Park, London, Greater London SE20 8NN	-	-	2	Flat
£255K	11/20	0.33 mi	Flat 29, Sherborne Court, Elmers End Road, London, Greater London SE20 7SL	-	-	2	Flat
£297K	06/21	0.33 mi	Flat 21, Anerley Court, Anerley Park, London, Greater London SE20 8NN	-	-	2	Flat
£496K	02/23	0.33 mi	26b, Thicket Road, London, Greater London SE20 8DD	£5,238	95	2	Flat
£320K	03/21	0.36 mi	Flat 3, Howard House, Howard Road, London, Greater London SE20 8HH	-	-	2	Flat
£320K	08/21	0.36 mi	Flat 1, Howard House, Howard Road, London, Greater London SE20 8HH	-	-	2	Flat
£197.5K	11/21	0.36 mi	146d, Anerley Road, London, Greater London SE20 8DL	-	-	2	Flat
£425K	01/21	0.38 mi	6a, Samos Road, Anerley, London, Greater London SE20 7TU	£5,667	75	2	Flat
£400K	06/21	0.38 mi	30a, Samos Road, London, Greater London SE20 7TU	£5,556	72	2	Flat
£515K	04/21	0.38 mi	44, Maberley Road, London, Greater London SE19 2JA	£6,131	84	2	Flat
£320K	03/21	0.39 mi	11b, Worbeck Road, London, Greater London SE20 7SW	£4,923	65	2	Flat
£450K	04/23	0.4 mi	11a, Samos Road, London, Greater London SE20 7UQ	£5,769	78	2	Flat
£240K	07/23	0.41 mi	Flat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP	-	-	2	Flat
£165K	03/21	0.42 mi	Flat 26, Blakewood Court, Anerley Park, London, Greater London SE20 8NS	-	-	2	Flat
£292.5K	04/21	0.42 mi	Flat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR	-	-	2	Flat
£427.5K	05/21	0.43 mi	16a, Tremaine Road, London, Greater London SE20 7TZ	£5,856	73	2	Flat
£395K	06/21	0.43 mi	22c, Avington Grove, London, Greater London SE20 8RY	-	-	2	Flat
£510K	12/20	0.43 mi	58c, Thicket Road, London, Greater London SE20 8DR	£5,258	97	2	Flat
£410K	05/21	0.44 mi	55a, Tremaine Road, London, Greater London SE20 7UA	-	-	2	Flat
£415K	01/21	0.45 mi	Flat 16, Bedford Court, Mowbray Road, London, Greater London SE19 2RW	-	-	2	Flat
£400K	06/21	0.45 mi	Flat 6, Bedford Court, Mowbray Road, London, Greater London SE19 2RW	-	-	2	Flat
£265K	03/23	0.46 mi	Flat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT	-	-	2	Flat
£325K	11/20	0.46 mi	104, Orchard Grove, London, Greater London SE20 8DZ	£5,000	65	2	Flat
£237K	12/20	0.46 mi	Flat 22, Avenue Court, Avenue Road, London, Greater London SE20 7RX	-	-	2	Flat
£375K	06/21	0.46 mi	23, Bourdon Road, London, Greater London SE20 7SP	£5,282	71	2	Flat
£333.3K	06/21	0.46 mi	A, 43, Samos Road, London, Greater London SE20 7TX	-	-	2	Flat
£300K	11/20	0.46 mi	13, Haysleigh Gardens, London, Greater London SE20 8SS	£6,977	43	2	Flat
£415K	02/21	0.48 mi	3a, Stembridge Road, London, Greater London SE20 7UE	£6,484	64	2	Flat
£475K	07/23	0.51 mi	45a, Sylvan Road, London, Greater London SE19 2RU	£8,051	59	2	Flat
£465K	02/21	0.51 mi	21c, Sylvan Road, London, Greater London SE19 2RU	£6,118	76	2	Flat
£370K	01/21	0.51 mi	46c, High Street, London, Greater London SE20 7HB	£4,805	77	2	Flat
£390K	02/23	0.52 mi	Flat 22, New Church Court, Waldegrave Road, London, Greater London SE19 2AU	£6,698	58	2	Flat
£520K	04/23	0.52 mi	91b, Belvedere Road, London, Greater London SE19 2HX	-	-	2	Flat
£423.5K	08/21	0.55 mi	223, Ravenscroft Road, Beckenham, Greater London BR3 4TE	£8,750	48	2	Flat

Local Rents

48 rents from £1.3K/mo to £2.1K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,550	08/24	0.01 mi	-	2	Flat
£1,300	10/24	0.01 mi	-	2	Flat
£1,600	08/24	0.01 mi	Minden Road, London, SE20	2	Flat
£1,500	08/24	0.03 mi	Anerley Station Road, Anerley	2	Flat
£1,600	08/24	0.03 mi	Anerley Station Road, LONDON, SE20 8PT	2	Flat
£1,750	08/24	0.06 mi	Anerley Road, London, SE20	2	Flat
£1,950	08/24	0.08 mi	Elder Oak Close London SE20	2	Flat
£1,300	04/25	0.1 mi	-	2	Flat
£1,750	08/24	0.11 mi	-	2	Terraced House
£1,600	08/24	0.11 mi	Anerley Road, LONDON, SE20 8AJ	2	Flat
£1,850	08/24	0.11 mi	Anerley Road, LONDON, SE20 8AJ	2	Flat
£1,825	08/24	0.15 mi	Anerley Road, London, SE20	2	Flat
£1,900	08/24	0.18 mi	Maple Road London SE20	2	Flat
£1,500	08/24	0.18 mi	Maple Road, Anerley, SE20	2	Flat
£1,450	08/24	0.18 mi	-	2	House
£1,800	08/24	0.18 mi	-	2	Flat
£1,600	08/24	0.19 mi	-	2	Flat
£1,500	09/24	0.2 mi	Marita Court SE20	2	Flat
£2,000	08/24	0.21 mi	-	2	Flat
£1,600	08/24	0.22 mi	Anerley Road, London, SE20	2	Flat
£1,900	08/24	0.22 mi	Cortland House, Apple Yard, London, SE20	2	Flat
£2,000	08/24	0.22 mi	Apple Yard, London, SE20	2	Flat
£1,700	08/24	0.22 mi	Anerley Road Anerley SE20	2	Flat
£1,850	01/25	0.23 mi	-	2	Flat
£2,000	02/25	0.23 mi	-	2	Flat
£1,600	08/24	0.24 mi	Anerley Road, London, SE20	2	Flat
£2,000	08/24	0.24 mi	-	2	Flat
£1,600	11/23	0.24 mi	Chestnut Grove, Anerley, SE20	2	Flat
£1,700	09/24	0.24 mi	-	2	Flat
£1,750	08/24	0.25 mi	-	2	Flat
£1,700	08/24	0.25 mi	-	2	Flat
£1,700	08/24	0.25 mi	-	2	Flat
£1,700	08/24	0.25 mi	-	2	Flat
£1,550	09/24	0.26 mi	-	2	Flat
£2,000	08/24	0.26 mi	Apple Yard, London, SE20	2	Flat
£1,450	10/24	0.26 mi	-	2	Flat
£2,000	08/24	0.26 mi	Apple Yard, London, SE20	2	Flat
£1,650	08/24	0.27 mi	Anerley Road , London, SE20	2	Flat
£1,750	03/25	0.29 mi	-	2	Flat
£1,700	08/24	0.29 mi	-	2	Flat
£1,700	08/24	0.3 mi	Anerley Park, London, SE20	2	Flat
£1,900	08/24	0.3 mi	Anerley Park Anerley SE20	2	Flat
£2,100	09/24	0.3 mi	-	2	Flat
£2,100	08/24	0.3 mi	Anerley Park, London, SE20	2	Flat
£1,600	08/24	0.31 mi	Thicket Road, London, SE20	2	Flat
£1,999	03/25	0.31 mi	-	2	Flat
£1,850	10/24	0.31 mi	-	2	Flat
£1,450	08/24	0.31 mi	Grove Court, Oakfield Road, Penge, SE20	2	Flat

Local Area Statistics

Population in SE20	22,82122,821
Population in London	4,771,9214,771,921
Town centre distance	8.24 miles away8.24 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.07 miles away0.07 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Listed for £325,000

December 26, 2024

Floor Plans

Description

Share Of Freehold +
Elegant Period Property +
Two bedroom +
First Floor +
Chain Free! +
Prime Location +
Excellent Transport Links +
Energy Efficiency Rating: D +

This charming two-bedroom split-level period conversion is located in the heart of Anerley, SE20. Set on the first floor of an elegant period property, the home retains an array of original features, blending timeless character with modern living.

The fantastic location offers unparalleled convenience, with Anerley station just a 30-second walk away, making it ideal for commuters and those seeking easy access to local amenities. Offered chain-free and with the benefit of a share of the freehold, this property provides an excellent opportunity for buyers looking for a hassle-free purchase with an added bonus of a new roof recently fitted.

With its unique character and enviable setting, this home is a must-see for those looking to secure a slice of period charm in a prime area.

Share Of Freehold: 999 Years
Service Charge: £1,032 Pa
Council Tax Band: B
Energy Efficiency Rating: D

Agent Details

Acorn, Crystal Palace

020 8103 3840

Next Steps?

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

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