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2 Bed Flat, Single Let, SM5 3QN £290,000



ValuationOvervalued
| Sold Prices | £216K - £418.5K |
| Sold Prices/m² | £3.3K/m² - £7.2K/m² |
| |
Square Metres | ~55.10 m² |
| Price/m² | £5.3K/m² |
Value Estimate | £277,095£277,095 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £72,500£72,500 |
Stamp Duty & Legal Fees | £17,700£17,700 |
Total Cash In | £90,200£90,200 |
| |
Cash Out | |
Rent Range | £975 - £2,100£975 - £2,100 |
Rent Estimate | £1,450 |
Running Costs/mo | £1,216£1,216 |
Cashflow/mo | £234£234 |
Cashflow/yr | £2,805£2,805 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £216K to £418.5K, average is £330.5K. £3.3K/m² to £7.2K/m², average is £5.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £350K | 11/22 | 0.1 mi | 1a, Park Hill, Carshalton, Greater London SM5 3RS | £4,268 | 82 | 2 | Flat | ||
| £370K | 03/25 | 0.22 mi | Flat 5, 12 Salisbury Court, Salisbury Road, Carshalton SM5 3HD | £5,606 | 66 | 2 | Flat | ||
| £370K | 03/25 | 0.22 mi | Flat 5, 12 Salisbury Court, Salisbury Road, Carshalton SM5 3HD | - | - | 2 | Flat | ||
| £295K | 11/23 | 0.25 mi | 5a, Rossdale, Sutton, Greater London SM1 4JU | £5,364 | 55 | 2 | Flat | ||
| £320K | 07/25 | 0.3 mi | Flat 5, 3, Croft Road, Sutton SM1 4NE | - | - | 2 | Flat | ||
| £260K | 03/23 | 0.35 mi | 2a, Westmead Corner, Carshalton, Greater London SM5 2NZ | - | - | 2 | Flat | ||
| £266.7K | 02/23 | 0.41 mi | 14, Relko Gardens, Sutton, Greater London SM1 4TJ | £4,849 | 55 | 2 | Flat | ||
| £345.5K | 06/23 | 0.41 mi | 214, Carshalton Road, Sutton, Greater London SM1 4SA | £5,758 | 60 | 2 | Flat | ||
| £418.5K | 10/23 | 0.41 mi | 218, Carshalton Road, Sutton, Greater London SM1 4SA | - | - | 2 | Flat | ||
| £315K | 03/25 | 0.46 mi | 93 Doric House, Flat 6, Carshalton Grove, Sutton SM1 4NB | £5,250 | 60 | 2 | Flat | ||
| £320K | 03/25 | 0.46 mi | 24a, Beechwood Court, West Street Lane, Carshalton SM5 2PZ | £3,556 | 90 | 2 | Flat | ||
| £320K | 03/25 | 0.46 mi | 24a, Beechwood Court, West Street Lane, Carshalton SM5 2PZ | - | - | 2 | Flat | ||
| £345K | 03/25 | 0.47 mi | 20, Sycamore Close, Carshalton SM5 2PS | - | - | 2 | Flat | ||
| £342K | 10/21 | 0.47 mi | 31, Sycamore Close, Carshalton, Greater London SM5 2PS | £5,969 | 57 | 2 | Flat | ||
| £240K | 09/21 | 0.47 mi | Middle Flat, 117, Carshalton Road, Sutton, Greater London SM1 4LL | - | - | 2 | Flat | ||
| £355K | 12/24 | 0.49 mi | 3 Hamilton House, Flat 4, North Street, Carshalton SM5 2HW | £3,737 | 95 | 2 | Flat | ||
| £310K | 03/25 | 0.51 mi | 76, Colston Avenue, Carshalton SM5 2NU | £5,082 | 61 | 2 | Flat | ||
| £310K | 03/25 | 0.51 mi | 76, Colston Avenue, Carshalton SM5 2NU | - | - | 2 | Flat | ||
| £225K | 03/25 | 0.53 mi | 19 Morgan Court, 6, Rochester Road, Carshalton SM5 2LB | £3,261 | 69 | 2 | Flat | ||
| £341K | 03/25 | 0.53 mi | 7, 19 Morgan Court, Rochester Road, Carshalton SM5 2LB | £4,372 | 78 | 2 | Flat | ||
| £341K | 03/25 | 0.53 mi | 7, 19 Morgan Court, Rochester Road, Carshalton SM5 2LB | - | - | 2 | Flat | ||
| £375K | 02/23 | 0.54 mi | 24, Beacon Grove, Carshalton, Greater London SM5 3BA | £4,630 | 81 | 2 | Flat | ||
| £365K | 08/25 | 0.55 mi | 19, 31 33 Beacon Grove, High Street, Carshalton SM5 3BA | - | - | 2 | Flat | ||
| £418K | 03/25 | 0.55 mi | 2d, Victoria Road, Sutton SM1 4RT | £7,207 | 58 | 2 | Flat | ||
| £325K | 01/25 | 0.55 mi | 31 33 Beacon Grove, 27, High Street, Carshalton SM5 3BA | - | - | 2 | Flat | ||
| £335K | 06/21 | 0.55 mi | 34, North Street, Carshalton, Greater London SM5 2JD | £5,317 | 63 | 2 | Flat | ||
| £310K | 04/23 | 0.57 mi | 5, Betchworth Close, Sutton, Greater London SM1 4NR | £7,209 | 43 | 2 | Flat | ||
| £300K | 03/23 | 0.58 mi | 8a, Benhill Road, Sutton, Greater London SM1 3RL | £5,556 | 54 | 2 | Flat | ||
| £365K | 04/25 | 0.59 mi | Flat 5, 70 72, Mayfield Road, Sutton SM2 5DT | £5,069 | 72 | 2 | Flat | ||
| £365K | 04/25 | 0.59 mi | Flat 5, 70 72, Mayfield Road, Sutton SM2 5DT | - | - | 2 | Flat | ||
| £343K | 03/25 | 0.59 mi | Flat 11, 10 Monarch Place, William Road, Sutton SM1 4NJ | £4,699 | 73 | 2 | Flat | ||
| £372.5K | 03/25 | 0.61 mi | 6, 48 Lynton Court, Cedar Road, Sutton SM2 5DL | - | - | 2 | Flat | ||
| £395K | 01/23 | 0.62 mi | Ground Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE | £5,985 | 66 | 2 | Flat | ||
| £350K | 11/24 | 0.63 mi | 59 Westcroft Court, Flat 4, Westcroft Road, Carshalton SM5 2AU | £5,224 | 67 | 2 | Flat | ||
| £315K | 04/25 | 0.64 mi | 19, Montana Gardens, Sutton SM1 4FP | £5,431 | 58 | 2 | Flat | ||
| £315K | 04/25 | 0.64 mi | 19, Montana Gardens, Sutton SM1 4FP | - | - | 2 | Flat | ||
| £367K | 03/25 | 0.64 mi | 120a, Carshalton Road, Sutton SM1 4RL | £6,554 | 56 | 2 | Flat | ||
| £250K | 12/23 | 0.65 mi | 1, Turnpike Lane, Sutton SM1 4ET | £5,208 | 48 | 2 | Flat | ||
| £335K | 03/25 | 0.65 mi | 51 Jubilee Court, Flat 7, Eaton Road, Sutton SM2 5AQ | £5,583 | 60 | 2 | Flat | ||
| £275K | 10/21 | 0.65 mi | 2, Turnpike Lane, Sutton, Greater London SM1 4ET | £5,602 | 49 | 2 | Flat | ||
| £270K | 04/23 | 0.66 mi | 8, Shott Close, Sutton, Greater London SM1 4LQ | - | - | 2 | Flat | ||
| £323.5K | 02/25 | 0.67 mi | 61, Flat 1, North Street, Carshalton SM5 2HG | £5,218 | 62 | 2 | Flat | ||
| £312.5K | 03/25 | 0.67 mi | 4, Shott Close, Sutton SM1 4LQ | £4,529 | 69 | 2 | Flat | ||
| £216K | 03/25 | 0.67 mi | 2, Shott Close, Sutton SM1 4LQ | £6,171 | 35 | 2 | Flat | ||
| £335K | 03/25 | 0.67 mi | Flat 9, 19 Nightingale Court, Lind Road, Sutton SM1 4RH | £5,000 | 67 | 2 | Flat | ||
| £350K | 03/25 | 0.69 mi | 59, Courtney Crescent, Carshalton SM5 4NA | £5,738 | 61 | 2 | Flat | ||
| £350K | 03/25 | 0.69 mi | 59, Courtney Crescent, Carshalton SM5 4NA | - | - | 2 | Flat | ||
| £326K | 08/25 | 0.69 mi | 1, Bedford Villas, Wrythe Green Road, Carshalton SM5 2QT | - | - | 2 | Flat | ||
| £260K | 03/23 | 0.69 mi | 4, Clowser Close, Sutton, Greater London SM1 4TP | £5,532 | 47 | 2 | Flat | ||
| £265K | 01/25 | 0.69 mi | 9, Dover Gardens, Carshalton SM5 2LD | £5,196 | 51 | 2 | Flat |
Local Rents
49 rents from £975/mo to £2.1K/mo, average is £1.6K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,500 | 09/24 | 0.06 mi | Wynash Gardens, Carshalton, SM5 | 2 | Flat | ||
| £1,550 | 09/25 | 0.07 mi | Wynash Gardens, Carshalton, SM5 | 2 | Flat | ||
| £1,550 | 11/25 | 0.08 mi | - | 2 | Flat | ||
| £1,550 | 07/25 | 0.09 mi | Wynash Gardens, Carshalton, SM5 | 2 | Flat | ||
| £1,450 | 07/25 | 0.1 mi | Wynash Gardens, Carshalton, SM5 | 2 | Flat | ||
| £1,600 | 07/25 | 0.11 mi | Wynash Gardens, Carshalton, SM5 | 2 | Flat | ||
| £1,450 | 02/24 | 0.11 mi | Carshalton Road, Carshalton, SM5 | 2 | Flat | ||
| £2,000 | 09/25 | 0.12 mi | Carshalton Road, Carshalton, SM5 | 2 | Terraced House | ||
| £1,500 | 10/25 | 0.12 mi | - | 2 | Flat | ||
| £2,000 | 11/25 | 0.18 mi | Park Hill, Carshalton, Greater London, SM5 | 2 | Flat | ||
| £1,550 | 08/24 | 0.2 mi | Pound Street, Carshalton | 2 | Terraced House | ||
| £1,700 | 02/24 | 0.23 mi | Alpine View, Carshalton | 2 | Terraced House | ||
| £1,650 | 10/25 | 0.24 mi | Weihurst Court, Sutton | 2 | Flat | ||
| £1,500 | 11/25 | 0.27 mi | Carshalton Park Road, Carshalton, Greater London, SM5 | 2 | Semi-Detached House | ||
| £975 | 07/25 | 0.29 mi | Gordon Road, Carshalton Beeches, Surrey | 2 | Flat | ||
| £1,800 | 08/24 | 0.3 mi | Croft Road, Sutton, SM1 | 2 | Flat | ||
| £1,650 | 08/25 | 0.32 mi | Carshalton Road Sutton SM1 | 2 | Flat | ||
| £1,500 | 01/25 | 0.34 mi | - | 2 | Flat | ||
| £1,325 | 10/25 | 0.34 mi | Dunbar Court, 2a Carshalton Grove, Sutton, Surrey, SM1 | 2 | Flat | ||
| £1,500 | 02/24 | 0.34 mi | - | 2 | Flat | ||
| £1,800 | 10/25 | 0.35 mi | Carshalton Grove, Sutton, SM1 | 2 | Flat | ||
| £1,600 | 10/25 | 0.35 mi | - | 2 | Terraced House | ||
| £2,000 | 09/25 | 0.37 mi | Upland Road, Sutton | 2 | Detached House | ||
| £1,850 | 08/25 | 0.39 mi | - | 2 | Flat | ||
| £1,800 | 07/25 | 0.4 mi | - | 2 | Flat | ||
| £1,950 | 06/25 | 0.4 mi | - | 2 | Flat | ||
| £1,950 | 06/25 | 0.4 mi | Carshalton Road, Sutton, SM1 | 2 | Flat | ||
| £1,925 | 09/24 | 0.41 mi | West Street Lane, Carshalton, SM5 | 2 | Terraced House | ||
| £1,650 | 03/25 | 0.41 mi | - | 2 | Flat | ||
| £1,650 | 07/25 | 0.41 mi | - | 2 | Flat | ||
| £1,650 | 07/25 | 0.41 mi | Relko Gardens, Sutton, SM1 | 2 | Flat | ||
| £1,600 | 06/25 | 0.41 mi | Relko Gardens Sutton SM1 | 2 | Flat | ||
| £2,050 | 07/25 | 0.41 mi | Carshalton Road, SUTTON | 2 | Flat | ||
| £1,400 | 08/25 | 0.42 mi | - | 2 | Flat | ||
| £995 | 07/25 | 0.43 mi | West Street, Carshalton Village | 2 | Flat | ||
| £995 | 07/25 | 0.43 mi | West Street, Carshalton Village | 2 | Flat | ||
| £1,550 | 10/25 | 0.43 mi | Sutton Grove Sutton SM1 | 2 | Flat | ||
| £1,350 | 08/24 | 0.43 mi | West Street, Carshalton Village, Surrey, SM5 | 2 | Flat | ||
| £2,000 | 06/25 | 0.44 mi | Colston Avenue, Carshalton | 2 | Bungalow | ||
| £2,100 | 09/24 | 0.45 mi | Upland Road, Sutton, Surrey, SM2 | 2 | Detached House | ||
| £1,950 | 11/24 | 0.45 mi | - | 2 | Flat | ||
| £1,775 | 02/25 | 0.45 mi | - | 2 | Flat | ||
| £1,850 | 09/24 | 0.45 mi | - | 2 | Terraced House | ||
| £1,500 | 08/24 | 0.46 mi | West Street Lane, Carshalton, Surrey, SM5 | 2 | Flat | ||
| £1,595 | 03/25 | 0.46 mi | - | 2 | Flat | ||
| £1,750 | 06/25 | 0.47 mi | High Street, Carshalton | 2 | Flat | ||
| £1,550 | 07/25 | 0.47 mi | Carshalton | 2 | Flat | ||
| £1,775 | 10/24 | 0.48 mi | - | 2 | Terraced House | ||
| £1,950 | 09/24 | 0.48 mi | Waterloo Road, Sutton, SM1 | 2 | Terraced House |
Local Area Statistics
Population in SM5 | 37,96237,962 |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.27 miles away0.27 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +6%+6% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +22%+22% |
Property History
Price changed to £290,000
February 13, 2025
Listed for £300,000
January 3, 2025
Floor Plans
Description
- Share of Freehold & Long Lease +
- First Floor Period Conversion +
- Allocated Parking +
- No Onward Chain +
- Walking distance to both Carshalton & Carshalton Beeches station +
- Ideal Fist Time or Investment Purchase (Approx 5% Rental Yield) +
- Council Tax Band: C +
- EPC Rating: D +
Guide Price £290,000 - £300,000
Forming part of an impressive period property, this first floor conversion is ideally located on popular residential road within walking distance of both Carshalton Beeches and Carshalton Village. The bright accommodation consists of an entrance hall with security entry system, reception room, fitted kitchen with integrated oven and gas hob, two bedrooms and a bathroom. Additional features include gas central heating, well maintained communal entrance and gardens, and allocated parking. The property is being sold with a share of the freehold, long lease and no onward chain.
Perfectly located between Carshalton Beeches and Village, there is a varied of choice of shops, restaurants and recreational amenities nearby. A number of bus routes, and both Carshalton and Carshalton Beeches station are all within walking distance, providing plenty of local travel options and direct links to central London. Service Charge £960pa.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Goodfellows;
GCB240238/2
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