3 Bed Terraced House, Single Let, London, SE25 6RL, £525,000

Michael Road, London, SE25 6RL - 3 months ago

BTL
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£325K - £700K
Sold Prices/m²£4.1K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£5.6K/m²

Value Estimate

£498,721

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£1,800 - £3,750

Rent Estimate

£1,850

Running Costs/mo

£2,031

Cashflow/mo

£-181

Cashflow/yr

£-2,167

Gross Yield

4%

Local Sold Prices

50 sold prices from £325K to £700K, average is £460K. £4.1K/m² to £8.3K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£465.5K01/230.02 mi41, Michael Road, London, Greater London SE25 6RW3
£457.5K11/200.03 mi147, Ross Road, South Norwood, London, Greater London SE25 6TW3
£325K01/210.1 mi179, Ross Road, South Norwood, London, Greater London SE25 6TN3
£625K05/230.12 mi11, Egerton Road, London, Greater London SE25 6RH3
£375K05/210.13 mi18, Canham Road, London, Greater London SE25 6RZ3
£680K12/220.16 mi51a, Ross Road, South Norwood, London, Greater London SE25 6SB3
£450K12/200.18 mi14, Wharncliffe Road, London, Greater London SE25 6SJ3
£385K01/210.2 mi24, Ladbrook Road, London, Greater London SE25 6QD3
£460K06/230.2 mi67, Grange Road, Upper Norwood, London, Greater London SE25 6TH3
£480K11/210.2 mi83, Grange Road, London, Greater London SE25 6TH3
£420K10/220.2 mi60, Dixon Road, London, Greater London SE25 6UE3
£460K12/200.2 mi54, Buller Road, Thornton Heath, Greater London CR7 8QW3
£565K02/230.22 mi31, Holmewood Road, London, Greater London SE25 6UZ3
£485.3K06/210.22 mi233, Grange Road, Upper Norwood, London, Greater London SE25 6TG3
£468K09/220.22 mi42, Ladbrook Road, London, Greater London SE25 6QD3
£422.5K02/230.23 mi69, Hythe Road, Thornton Heath, Greater London CR7 8QR3
£510K05/230.23 mi3, Falkland Park Avenue, London, Greater London SE25 6SQ3
£370K11/210.24 mi55, Thirsk Road, London, Greater London SE25 6QG3
£530K06/230.24 mi12, Falkland Park Avenue, London, Greater London SE25 6SH3
£518.6K02/210.24 mi82, Falkland Park Avenue, London, Greater London SE25 6SH3
£443K07/220.25 mi50, Hythe Road, Thornton Heath, Greater London CR7 8QP3
£435K05/210.25 mi29, Buller Road, Thornton Heath, Greater London CR7 8QX3
£485K11/200.25 mi58, Dixon Road, London, Greater London SE25 6UE3
£490K11/210.25 mi41, Dixon Road, London, Greater London SE25 6UE3
£695K11/220.26 mi1, Wharncliffe Gardens, London, Greater London SE25 6DG3
£405K03/210.26 mi7, Dunkeld Road, London, Greater London SE25 6QH3
£340K02/210.26 mi90, Grange Park Road, Thornton Heath, Greater London CR7 8QB3
£500K04/210.26 mi95, Grange Park Road, Thornton Heath, Greater London CR7 8QF3
£413K12/200.26 mi87, Grange Park Road, Thornton Heath, Greater London CR7 8QF3
£500K11/210.26 mi80, Wharncliffe Road, London, Greater London SE25 6SL3
£420K11/200.27 mi40, Huntly Road, London, Greater London SE25 6QY3
£410K01/210.29 mi18, Annsworthy Crescent, London, Greater London SE25 6TF3
£569K11/210.29 mi22, Annsworthy Crescent, London, Greater London SE25 6TF3
£517K02/210.3 mi52, Sangley Road, London, Greater London SE25 6QX3
£407.5K05/210.3 mi43, Kitchener Road, Thornton Heath, Greater London CR7 8QN3
£345K07/230.31 mi28, Whitehorse Lane, London, Greater London SE25 6RE3
£380K09/210.32 mi26, Rothesay Road, London, Greater London SE25 6NY3
£450K01/230.33 mi73, Woodville Road, Thornton Heath, Greater London CR7 8LN3
£455K01/230.33 mi31, Hamilton Road, Thornton Heath, Greater London CR7 8NN3
£460K02/210.33 mi17, Hamilton Road, Thornton Heath, Greater London CR7 8NN3
£475K05/210.33 mi17, Dixon Road, London, Greater London SE25 6TZ3
£700K06/210.34 mi220, South Norwood Hill, London, Greater London SE25 6AS3
£531K03/230.34 mi19, Milner Road, Thornton Heath, Greater London CR7 8JQ3
£425K04/230.35 mi6, Milner Road, Thornton Heath, Greater London CR7 8JQ3
£437.5K02/230.35 mi3, Pembroke Road, London, Greater London SE25 6PB3
£700K06/210.35 mi220, South Norwood Hill, London, Greater London SE25 6AS3
£425K07/230.36 mi2a, Pembroke Road, London, Greater London SE25 6PB3
£610K01/210.36 mi15, Grange Gardens, London, Greater London SE25 6DL3
£650K06/210.36 mi8, Grange Gardens, London, Greater London SE25 6DL3
£415K06/210.36 mi30, Mersham Road, Thornton Heath, Greater London CR7 8NP3

Local Rents

50 rents from £1.8K/mo to £3.8K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,20012/240.03 mi-3
£2,30003/250.09 mi-3
£2,25008/240.15 miEgerton Road, London3
£2,35008/240.15 mi-3
£2,00008/240.18 miWhitehorse Lane, London, SE253
£1,95008/240.23 mi-3
£2,50002/250.26 mi-3
£2,60003/250.29 mi-3
£2,20002/240.3 mi-3
£2,50012/240.31 mi-3
£2,00008/240.33 mi-3
£2,10003/240.33 miMersham Road, THORNTON HEATH3
£2,00004/240.33 miMersham Road, THORNTON HEATH3
£2,00005/240.33 miMersham Road, THORNTON HEATH3
£2,50009/240.34 mi-3
£2,30008/240.34 miHolmesdale Road, London3
£2,20005/240.34 miTalbot Road, Thornton Heath, CR73
£2,10004/250.36 mi-3
£2,20003/240.37 miTalbot Road, THORNTON HEATH3
£2,05008/240.37 miUpper Grove, South Norwood, SE253
£2,40008/240.37 miOliver Avenue, London, SE253
£2,15003/240.37 mi-3
£2,04003/250.38 mi-3
£2,40004/240.39 miGilsland Road, Thornton Heath, CR73
£2,40005/240.39 mi-3
£2,40008/240.39 mi-3
£1,95003/250.4 mi-3
£2,40008/240.4 miOliver Avenue, South Norwood, London, SE253
£2,20012/240.41 mi-3
£2,10003/240.43 miZion Road, Thornton Heath, Surrey, CR73
£1,90003/240.43 miZion Road, Thornton Heath, CR73
£2,65008/240.47 miSunset Gardens, London, SE253
£2,65008/240.48 miSunset Gardens, London, SE253
£2,15012/240.5 mi-3
£2,25012/240.5 mi-3
£1,80003/240.51 miParchmore Road, Thornton Heath, CR73
£1,85004/240.51 miParchmore Road, THORNTON HEATH3
£1,85005/240.51 miParchmore Road, THORNTON HEATH3
£2,20008/240.52 miCourt Road, London, SE253
£2,85002/240.53 mi-3
£3,00005/240.53 mi-3
£2,75012/240.53 mi-3
£3,75012/240.53 mi-3
£2,80012/240.53 mi-3
£2,70003/250.53 mi-3
£2,30008/240.53 mi-3
£2,80001/250.53 mi-3
£2,10003/250.53 mi-3
£2,30003/250.55 mi-3
£2,10004/240.58 miBensham Manor Road, CR73

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

8.76 miles away

Nearest school

0.40 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £525,000

January 3, 2025

Sold for £380,000

2020

Sold for £218,000

2011

Floor Plans

Description

  • Beautifully Presented Three Bedroom House +
  • Sought After Cul-De-Sac Location +
  • Bright And Spacious Reception Room +
  • Stylish Interiors And Quality Finish +
  • Attractive Landscaped Garden +
  • Well Equipped Eat-In Kitchen/Diner +
  • Family Bathroom +
  • Easy Access Shops, Schools And Amenities +
  • Close To Excellent Transport Links +
  • Moments From Grangewood Park +

The Property
Attractive three bedroom terraced family home with delightful landscaped garden, superbly situated in a sought after quiet cul-de-sac location moments from Grangewood Park and within easy access of excellent transport links and amenities. The property has been beautifully maintained and appointed by the current owner, offering bright and spacious accommodation with stylish interiors and quality finish throughout - ideal for modern family life. Features include an inviting front aspect reception room, well equipped eat-in kitchen/diner opening onto the garden, first floor family bathroom, gas central heating, double glazing, and quality floor coverings.

Accommodation comprises entrance hall with stairs rising to the first floor, leading into the bright reception room with feature fireplace and ample space for relaxing and entertaining. The separate kitchen/diner, with sliding doors onto the garden, comprises a sleek range of matching wall and base units with work surfaces incorporating inset sink unit, inbuilt hob with overhead extractor, electric oven, and further space for appliances. To the first floor, there are three well proportioned bedrooms - two doubles and a further single/study - plus a family bathroom with modern white three piece suite.

The property is conveniently located within easy access of Norwood Junction, Thornton Heath and Selhurst stations, as well as numerous regular bus routes providing useful links to the surrounding area. There are a variety of shops and amenities close-by in South Norwood and Crystal Palace triangle with nearby Croydon offering a wider selection of shops, bars, restaurants and leisure facilities. The area is also well served by good local schools and open spaces including nearby Grangewood Park.

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Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering South East London

020 3840 3819

Next Steps?

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