2 Bed Flat, Single Let, Wallington, SM6 9BP, £315,000

Hengist Way, Wallington, SM6 9BP - 2 views - 3 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationFair Value

Sold Prices£132.5K - £646K
Sold Prices/m²£1.9K/m² - £6.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£313,822

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£13,900

Total Cash In

£92,650

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,406

Running Costs/mo

£1,286

Cashflow/mo

£120

Cashflow/yr

£1,445

ROI

2%

Gross Yield

5%

Local Sold Prices

27 sold prices from £132.5K to £646K, average is £292.5K. £1.9K/m² to £6.3K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£290K10/200.09 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£132.5K11/200.13 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£140K05/210.15 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£210K10/210.22 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£292.5K07/210.34 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£260K11/200.36 mi36, Sunkist Way, Wallington, Greater London SM6 9LQ2
£264K04/210.45 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.45 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£230K01/230.45 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£340K03/230.51 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£646K06/210.52 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£348K08/230.52 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£190K10/210.59 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£225K04/210.59 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£347.5K07/230.64 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£335K06/230.65 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£325K03/230.69 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£430K09/210.73 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£141K01/210.75 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£272.5K12/200.77 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£255K07/230.78 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£322.5K04/210.82 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£315K10/210.82 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£340K06/210.85 mi45, Park Road, Wallington, Greater London SM6 8AA2
£345K02/210.89 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£320K05/210.99 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.99 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2

Local Rents

28 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50008/240 miHengist Way, Wallington, Surrey, SM62
£1,55009/240.06 miHeron Way Wallington SM62
£1,70010/240.25 mi-2
£1,57509/240.33 miStafford Road, WALLINGTON2
£1,87512/240.34 mi-2
£1,45009/240.35 miStafford Road, Wallington, SM62
£1,40008/240.35 miLancastrian Road Wallington SM62
£1,45008/240.37 miStafford Road, WALLINGTON2
£1,50009/240.37 miStafford Road, WALLINGTON2
£1,60002/240.38 mi-2
£1,65009/240.44 mi-2
£1,70003/250.44 mi-2
£1,75008/240.45 miStafford Road, Wallington, Surrey, SM62
£1,60009/240.47 mi-2
£1,90010/240.49 mi-2
£1,90009/240.49 miStafford Road, Wallington, SM62
£1,45008/240.49 mi-2
£1,87509/240.5 miBeddington Grove, Wallington, SM62
£1,87509/240.51 miBeddington Grove, Wallington SM6 8LH2
£2,30008/240.59 mi-2
£1,58002/250.6 mi-2
£1,55008/240.6 mi-2
£1,64509/240.6 miWoodcote Road, WALLINGTON2
£1,35008/240.6 miRosemount Clarendon Road Wallington SM6 8RW2
£1,45008/240.6 miClarendon Road, WALLINGTON2
£1,60009/240.61 mi-2
£1,47508/240.61 miWoodcote Road, Wallington, SM62
£1,50008/240.62 miCavalier Close Wallington SM62

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.46 miles away

Nearest school

0.40 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £315,000

January 6, 2025

Floor Plans

Description

  • Lovely Ground Floor Apartment +
  • Modern Sought After Development +
  • Two Well Appointed Double Bedrooms +
  • Large Living/Dining Room +
  • Two Bathrooms (En-Suite To Master) +
  • Well Maintained Communal Gardens +
  • Allocated Parking Space +
  • Highly Regarded Primary & Secondary Schools +

The Property
A stunning two bedroom ground floor apartment set in a much sought after private development in Wallington. Located within a 0.5 mile radius of local bus routes that will take you into Wallington and Croydon town centres within minutes, giving you Tram and Train access into the city, central London and surrounding areas.

The benefits to the fantastic apartment is the open plan living accommodation, a family bathroom room and two sizeable double bedrooms, the principal with en-suite shower.
Further benefits include an allocated parking space and well maintained communal gardens.

You will find local amenities with 400 meters, plus there are a variety of highly regarded local schools and Nurseries for the growing family.

To book your viewing instantly online 24/7 please visit the Purple Bricks website - purplebricks.co.uk

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2132

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 Sutton

020 3907 2799

Next Steps?

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