3 Bed Terraced House, Single Let, London, SE13 7SR, £600,000

Elswick Road, Lewisham, London, SE13 7SR - 3 months ago

Sold STC
BTL
~93 m²
+14 photos

ValuationUndervalued

Sold Prices£425K - £1.2M
Sold Prices/m²£4.5K/m² - £10.6K/m²

 

 

Square Metres

~93 m²
Price/m²£6.5K/m²

Value Estimate

£643,085
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Total Cash In

£186,700

 

 

Cash Out

 

Rent Range

£1,700 - £3,740

Rent Estimate

£1,700

Running Costs/mo

£2,235

Cashflow/mo

£-535

Cashflow/yr

£-6,420

Gross Yield

3%

Local Sold Prices

50 sold prices from £425K to £1.2M, average is £702.5K. £4.5K/m² to £10.6K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£600K03/210.05 mi83, Elswick Road, London, Greater London SE13 7SR3
£650K11/200.05 mi75, Elswick Road, London, Greater London SE13 7SR3
£530K03/210.05 mi40, Elswick Road, London, Greater London SE13 7SR3
£605K07/230.05 mi93, Elswick Road, London, Greater London SE13 7SR3
£730K10/200.12 mi24, Algernon Road, London, Greater London SE13 7AT3
£685K07/220.13 mi30, Leathwell Road, London, Greater London SE8 4JL3
£676.5K10/220.13 mi45, Leathwell Road, London, Greater London SE8 4JL3
£695K01/210.13 mi26, Branscombe Street, London, Greater London SE13 7AY3
£625K04/210.17 mi8, Elverson Road, London, Greater London SE8 4JR3
£630K06/210.17 mi7, Elverson Road, London, Greater London SE8 4JR3
£730K02/230.17 mi53, Sandrock Road, London, Greater London SE13 7TS3
£690K02/210.17 mi28, Brookbank Road, London, Greater London SE13 7BT3
£866K01/210.17 mi47, Sandrock Road, London, Greater London SE13 7TS3
£511K11/230.18 mi24, Ladycroft Road, London, Greater London SE13 7BY3
£625K04/210.2 mi59, Brookbank Road, London, Greater London SE13 7BX3
£800K11/230.2 mi38, Brookbank Road, London, Greater London SE13 7BX3
£635K09/220.21 mi23, Elverson Road, London, Greater London SE8 4JW3
£1.2M03/230.22 mi2, Overcliff Road, London, Greater London SE13 7TZ3
£713K08/210.22 mi18, Overcliff Road, London, Greater London SE13 7TZ3
£650K04/210.22 mi43, Conington Road, London, Greater London SE13 7LH3
£930K11/200.24 mi14, Cliff Terrace, London, Greater London SE8 4DZ3
£590K06/210.25 mi35, Overcliff Road, London, Greater London SE13 7UB3
£475.8K11/230.26 mi12, Columbine Way, London, Greater London SE13 7LQ3
£700K04/210.26 mi79, Brookbank Road, London, Greater London SE13 7BZ3
£700K08/230.26 mi76b, Brookbank Road, London, Greater London SE13 7BZ3
£950K03/210.27 mi9, Bolden Street, London, Greater London SE8 4JF3
£825K08/230.28 mi36, Ermine Road, London, Greater London SE13 7JS3
£581.1K10/200.28 mi48, Ellerdale Street, London, Greater London SE13 7JU3
£525K05/230.29 mi3, Nectarine Way, London, Greater London SE13 7LX3
£705K09/230.3 mi49, Shell Road, London, Greater London SE13 7DF3
£732.5K06/210.32 mi9, Fossil Road, London, Greater London SE13 7DE3
£780K09/210.32 mi1, St Johns Vale, London, Greater London SE8 4EA3
£717.5K02/230.32 mi44, Fossil Road, London, Greater London SE13 7DE3
£685K01/230.33 mi48, Embleton Road, London, Greater London SE13 7DG3
£735K12/200.33 mi43, St Johns Vale, London, Greater London SE8 4EN3
£745K12/200.33 mi48, St Johns Vale, London, Greater London SE8 4EN3
£845K07/230.35 mi71, Cliffview Road, London, Greater London SE13 7DB3
£720K12/200.35 mi23, Cliffview Road, London, Greater London SE13 7DB3
£830K12/220.36 mi131, Albyn Road, London, Greater London SE8 4EB3
£616K04/210.37 mi62, Marsala Road, London, Greater London SE13 7AD3
£795K12/220.37 mi50, Marsala Road, London, Greater London SE13 7AD3
£752.5K06/210.38 mi110, Albyn Road, London, Greater London SE8 4ED3
£831K08/230.38 mi110, Albyn Road, London, Greater London SE8 4ED3
£425K03/210.38 mi32, Morden Street, London, Greater London SE13 7QX3
£580K08/210.38 mi64, Ermine Road, London, Greater London SE13 7JR3
£865K04/220.39 mi15, Princes Rise, London, Greater London SE13 7PP3
£682K07/230.4 mi81, Morden Hill, London, Greater London SE13 7NP3
£990K09/230.4 mi145, Algernon Road, London, Greater London SE13 7AP3
£826K11/200.4 mi125, Algernon Road, London, Greater London SE13 7AP3
£770K07/220.42 mi32, Strickland Street, London, Greater London SE8 4JB3

Local Rents

49 rents from £1.7K/mo to £3.7K/mo, average is £2.7K/mo.

RentDateDistanceAddressBeds 
£3,00008/240.07 miCentralis House, 87-89 Loampit Vale, Lewisham, London3
£1,75008/240.07 miLoampit Vale, London, SE133
£1,99502/250.15 mi-3
£2,75008/240.17 miElverson Road, Deptford, SE83
£2,15008/240.17 miLadycroft Road, Lewisham3
£1,70009/240.17 mi-3
£1,70009/240.17 mi-3
£2,75008/240.17 miElverson Road London SE83
£2,75008/240.17 miElverson Road, Deptford, SE83
£2,20002/250.18 mi-3
£2,60008/240.21 miVenice Corte, 2 Elmira Street, LONDON, SE133
£2,70008/240.22 miCornmill Lane, London, SE133
£2,70008/240.22 miCornmill Lane, London, SE133
£2,60010/240.22 mi-3
£3,00009/240.22 mi-3
£3,50012/240.22 mi-3
£3,69508/240.22 miConington Road, London, SE133
£3,74008/240.22 miConington Road, London, SE133
£2,35008/240.27 miEmbleton Road, London, Greater London, SE133
£2,00002/250.32 mi-3
£2,50002/250.33 mi-3
£2,20008/240.37 mi-3
£2,60008/240.39 miClandon Street, London, SE83
£2,80009/240.4 miLewisham Hill, London, SE133
£2,80010/240.4 mi-3
£2,70008/240.4 miCressingham Road, London, SE133
£2,70008/240.4 mi-3
£2,70008/240.4 mi-3
£2,75004/250.41 mi-3
£2,40002/250.42 mi-3
£2,75003/250.42 mi-3
£2,45004/250.42 mi-3
£2,60008/240.42 miBreakspears Road, London, SE43
£2,50003/250.44 mi-3
£2,00008/240.44 miWalerand Road, Lewisham3
£2,20002/240.44 mi-3
£3,00003/250.44 mi-3
£2,70010/240.45 mi-3
£2,70009/240.45 mi-3
£2,80009/240.45 mi-3
£2,80009/240.45 mi-3
£2,70009/240.45 mi-3
£2,70009/240.45 mi-3
£2,70008/240.45 miPoppyfield House, London, SE103
£2,69009/240.45 mi-3
£2,59009/240.45 mi-3
£2,90008/240.45 miLarkwood Avenue London SE103
£2,50002/250.45 mi-3
£2,65004/250.46 mi-3

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

5.71 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £600,000

January 13, 2025

Floor Plans

Description

  • End of Terrace Home. +
  • Three Good Sized Bedrooms. +
  • Complete Blank Canvas. +
  • Chain Free Purchase. +
  • Low-Maintenance Garden. +
  • Open Kitchen Space. +
  • Residential Street Parking. +
  • EPC D. +

Located in the heart of SE13, is this fantastic value, end of terrace three bedroom home. The accommodation spans an impressive 1040 sq/ft of internal floor space and is being offered chain free and has had a fresh re-paint to launch online.

The accommodation offers a broad traditional front reception room boasting large bay window allowing plenty of light, this room has been finished with white walls and wood style flooring. Sitting behind this sits reception two, which could also be perfect for dining space. Completing the downstairs of this great value house, is an open kitchen space, with wall and base units finished in a modern grey, and wood effect work top. There is still opportunity to add your own stamp onto this lovely home as the floor will need completing.

Upstairs offers three double bedrooms with the master bedroom spanning the full width of the building, the landing also as well access to the loft for additional storage space. Completing this home is a modern family bathroom; additional benefits include gas central heating, double glazing and residential parking spaces (permit required), and a well kept garden with decking and grass space.

Elswick Road is a very sought after area within the SE13 postcode and offers plenty of local amenities, Lewisham Shopping Centre is circa half a mile walk, which offers a range of branded and boutique shops, restaurants, coffee shops and cafes. Lewisham Railway and DLR is a 0.4m stroll, with quick and easy access into the city, alternatively St Johns is 0.4m stroll in the opposite direction. Brookmill Park is conveniently close by which is a beautiful place to enjoy a sunny walk, or even better Hilly Fields in Ladywell is a similar distance, and a extremely popular park to enjoy year round.

Agent Details

Acorn, Lewisham

020 8106 2893

Next Steps?

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