2 Bed Flat, Single Let, London, SE27 0EN, £300,000

Knights Hill, London, SE27 0EN - 2 views - 2 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~68 m²

+12 photos

ValuationUndervalued

Sold Prices	£150K - £572.5K
Sold Prices/m²	£2.7K/m² - £8.5K/m²

Square Metres	~68.11 m²
Price/m²	£4.4K/m²
Value Estimate	£369,000£369,000
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£12,700£12,700
Total Cash In	£87,700£87,700

Cash Out
Rent Range	£1,395 - £3,995£1,395 - £3,995
Rent Estimate	£1,500
Running Costs/mo	£1,258£1,258
Cashflow/mo	£243£243
Cashflow/yr	£2,910£2,910
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £150K to £572.5K, average is £328.8K. £2.7K/m² to £8.5K/m², average is £5.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£360K	06/21	0.12 mi	69, Furneaux Avenue, London, Greater London SE27 0EQ	£5,714	63	2	Flat
£310K	11/22	0.14 mi	Flat 5, Cedars House, Cedar Tree Grove, London, Greater London SE27 0QD	-	-	2	Flat
£340K	01/21	0.16 mi	Flat 10, Cork Tree House, Lakeview Road, London, Greater London SE27 0QE	£6,538	52	2	Flat
£400K	12/22	0.16 mi	First Floor Flat, 169, Knights Hill, London, Greater London SE27 0PZ	-	-	2	Flat
£353K	07/21	0.22 mi	48, Queen Mary Road, Upper Norwood, London, Greater London SE19 3NW	£6,086	58	2	Flat
£310K	03/21	0.26 mi	Flat 11, Longmead House, Woodvale Walk, London, Greater London SE27 0HE	-	-	2	Flat
£380K	12/22	0.27 mi	143b, Knights Hill, London, Greater London SE27 0SP	£5,067	75	2	Flat
£452K	11/20	0.27 mi	147b, Knights Hill, London, Greater London SE27 0SP	£6,551	69	2	Flat
£475K	10/20	0.27 mi	147a, Knights Hill, London, Greater London SE27 0SP	£6,786	70	2	Flat
£150K	05/23	0.31 mi	216, Beulah Hill, London, Greater London SE19 3UX	£2,727	55	2	Flat
£295K	07/21	0.32 mi	Flat 13, Fern Lodge, Crown Lane, London, Greater London SW16 3HY	-	-	2	Flat
£515K	01/21	0.32 mi	154a, Knights Hill, London, Greater London SE27 0SR	-	-	2	Flat
£307.4K	06/21	0.34 mi	17, Averil Grove, London, Greater London SW16 3ET	£5,912	52	2	Flat
£325K	12/20	0.34 mi	Flat 10, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE	-	-	2	Flat
£307K	07/23	0.34 mi	Flat 1, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE	-	-	2	Flat
£510K	10/20	0.37 mi	122, Casewick Road, London, Greater London SE27 0SZ	£6,296	81	2	Flat
£480K	05/21	0.37 mi	148, Casewick Road, London, Greater London SE27 0SZ	£6,667	72	2	Flat
£300K	08/23	0.37 mi	Flat 6, Blackthorn Court, Leigham Court Road, Streatham, London, Greater London SW16 3QZ	£4,688	64	2	Flat
£487.5K	11/20	0.39 mi	66, Casewick Road, London, Greater London SE27 0SY	£6,406	76	2	Flat
£400K	06/23	0.41 mi	Flat E, 106, Thornlaw Road, London, Greater London SE27 0SB	-	-	2	Flat
£198.5K	01/21	0.43 mi	27, Leaf Grove, London, Greater London SE27 0SG	-	-	2	Flat
£350K	12/20	0.43 mi	5, Leaf Grove, London, Greater London SE27 0SG	£5,147	68	2	Flat
£275K	01/23	0.44 mi	5, Elder Gardens, London, Greater London SE27 9TJ	£6,566	42	2	Flat
£250.5K	03/23	0.45 mi	91, Marston Way, London, Greater London SE19 3JD	-	-	2	Flat
£315K	06/21	0.45 mi	Flat 13, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN	£5,339	59	2	Flat
£320K	03/23	0.45 mi	Flat 28, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN	£5,517	58	2	Flat
£300K	04/21	0.46 mi	15a, Gipsy Road, London, Greater London SE27 9NP	£5,357	56	2	Flat
£315K	03/21	0.48 mi	Flat 64, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW	-	-	2	Flat
£297K	03/21	0.48 mi	Flat 51, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW	-	-	2	Flat
£520K	06/21	0.5 mi	25, St Julians Farm Road, London, Greater London SE27 0RJ	£6,933	75	2	Flat
£270K	02/23	0.51 mi	7, Founders Gardens, Upper Norwood, London, Greater London SE19 3UU	-	-	2	Flat
£332.5K	03/23	0.53 mi	14, Fawcett Close, London, Greater London SW16 2QJ	£6,234	53	2	Flat
£325K	01/21	0.53 mi	17, Fawcett Close, London, Greater London SW16 2QJ	£6,132	53	2	Flat
£270K	05/23	0.53 mi	7, Fawcett Close, London, Greater London SW16 2QJ	£5,094	53	2	Flat
£325K	07/23	0.53 mi	22, Fawcett Close, London, Greater London SW16 2QJ	£5,603	58	2	Flat
£385K	01/21	0.54 mi	4a, Hermitage Road, London, Greater London SE19 3QR	£4,278	90	2	Flat
£440K	02/21	0.56 mi	73, Auckland Hill, London, Greater London SE27 9PF	-	-	2	Flat
£300K	11/22	0.56 mi	62a, Wolfington Road, London, Greater London SE27 0RQ	£3,717	81	2	Flat
£572.5K	02/21	0.56 mi	74, Wolfington Road, London, Greater London SE27 0RQ	£8,545	67	2	Flat
£555K	12/22	0.57 mi	51a, Auckland Hill, London, Greater London SE27 9PF	-	-	2	Flat
£475K	01/21	0.57 mi	169c, Auckland Hill, London, Greater London SE27 9PG	£5,938	80	2	Flat
£432.5K	03/21	0.57 mi	119, Auckland Hill, London, Greater London SE27 9PG	£6,758	64	2	Flat
£449K	12/20	0.57 mi	91, Auckland Hill, London, Greater London SE27 9PG	£7,016	64	2	Flat
£390K	07/23	0.57 mi	121, Auckland Hill, London, Greater London SE27 9PG	£6,724	58	2	Flat
£500K	01/23	0.58 mi	57, Auckland Hill, London, Greater London SE27 9PF	-	-	2	Flat
£282.5K	11/21	0.59 mi	Flat B, 79, Thurlestone Road, London, Greater London SE27 0PE	£3,979	71	2	Flat
£300K	02/21	0.6 mi	Flat 14, South View Court, The Woodlands, London, Greater London SE19 3EJ	-	-	2	Flat
£455K	06/21	0.6 mi	55, Thurlestone Road, London, Greater London SE27 0PE	-	-	2	Flat
£305K	11/21	0.6 mi	68, The Woodlands, London, Greater London SE19 3EH	£5,169	59	2	Flat
£305K	11/21	0.6 mi	68, The Woodlands, London, Greater London SE19 3EH	£5,169	59	2	Flat

Local Rents

49 rents from £1.4K/mo to £4K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	11/24	0.05 mi	-	2	Detached House
£1,500	02/25	0.05 mi	-	2	Flat
£1,500	08/24	0.09 mi	-	2	Flat
£1,500	08/24	0.09 mi	Beulah Hill, London, SE19	2	Flat
£1,850	08/24	0.12 mi	Cedar Tree Grove, SE27	2	Flat
£1,900	08/24	0.16 mi	Cedar Tree Grove, London	2	Flat
£2,600	02/25	0.18 mi	-	2	Flat
£2,600	01/25	0.18 mi	-	2	Flat
£1,900	01/25	0.19 mi	-	2	Flat
£3,995	08/24	0.2 mi	-	2	Semi-Detached House
£1,750	08/24	0.21 mi	Queen Mary Road, London, SE19	2	Flat
£1,750	09/24	0.22 mi	-	2	Flat
£2,275	09/24	0.23 mi	CROWN LANE, Streatham Common, London, SW16	2	Flat
£1,550	09/24	0.24 mi	-	2	Flat
£1,750	08/24	0.24 mi	-	2	Flat
£1,395	02/24	0.25 mi	-	2	Flat
£2,000	08/24	0.27 mi	Knights Hill London SE27	2	Flat
£1,650	03/25	0.27 mi	-	2	Flat
£2,100	01/25	0.28 mi	-	2	Terraced House
£2,000	08/24	0.29 mi	Ladas Road West Norwood SE27	2	Terraced House
£2,000	02/25	0.31 mi	-	2	Flat
£1,800	08/24	0.33 mi	Beulah Hill	2	Flat
£2,100	08/24	0.33 mi	Beulah Hill, LONDON	2	Flat
£1,750	10/24	0.36 mi	-	2	Flat
£2,000	08/24	0.37 mi	Knights Hill, West Norwood, London, SE27	2	Flat
£1,500	08/24	0.42 mi	Clytha Court, Gipsy Road, West Norwood, SE27	2	Flat
£1,940	02/25	0.42 mi	-	2	Flat
£1,825	03/25	0.43 mi	-	2	Flat
£1,895	08/24	0.43 mi	Thornlaw Road	2	Flat
£2,000	08/24	0.43 mi	Thornlaw Road London SE27	2	Flat
£1,800	10/24	0.43 mi	-	2	Flat
£2,100	10/24	0.44 mi	-	2	Bungalow
£2,000	03/25	0.44 mi	-	2	Flat
£1,900	03/25	0.44 mi	-	2	Flat
£1,750	09/24	0.44 mi	-	2	Flat
£1,850	09/24	0.44 mi	-	2	Flat
£1,850	12/24	0.44 mi	-	2	Flat
£1,450	03/25	0.44 mi	-	2	Flat
£2,200	02/25	0.45 mi	-	2	Flat
£2,100	08/24	0.45 mi	Thornlaw Road West Norwood SE27	2	Flat
£1,800	09/24	0.45 mi	Leigham Court Road, Streatham, London, SW16	2	Flat
£1,950	09/24	0.45 mi	Benhurst Court, Streatham, London, SW16	2	Flat
£1,650	03/25	0.46 mi	-	2	Flat
£1,700	03/25	0.47 mi	-	2	Flat
£1,950	09/24	0.47 mi	-	2	Flat
£1,950	02/25	0.47 mi	-	2	Flat
£1,500	08/24	0.48 mi	Norwood High Street, London, SE27	2	Flat
£1,800	01/25	0.5 mi	-	2	Flat
£1,700	08/24	0.51 mi	-	2	Flat

Local Area Statistics

Population in SE27	21,35821,358
Population in London	4,771,9214,771,921
Town centre distance	7.26 miles away7.26 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.61 miles away0.61 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-20%-20%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-4%-4%

Property History

Listed for £300,000

January 15, 2025

Floor Plans

Description

Purpose Built +
Two Double Bedroom +
Separate Kitchen +
Third Floor +
Built In Storage +
Chain Free! +
Great Transport Links +
Energy Efficiency Rating: C +

Guide Price: £300,000 - £325,000

Unveiled to the SE27 market is this lovely purpose built flat, light and airy throughout and just moments away from the High Street.

The accommodation is generous in its proportions and has been lovingly maintained by the current seller, the space and the condition really does give you superb value for money. The property comprises two good size double bedrooms, a bright & airy kitchen and own private balcony

For your everyday commuter, West Norwood Station is only a short journey away, servicing direct links into London Victoria & London Bridge every 15 minutes. The sellers themselves however walk into Tulse Hill every morning (10-12min walk), for the Thameslink line offering direct links to Farringdon and Kings Cross. The vibrant Norwood High Street is within easy reach and offers an abundance of restaurants, cafes and shops for your pleasure! Schools in the area consist of Julians Primary School and Dunraven School to name a few.

Lease Length: 101 Years
Service Charge: £1,600 pa
Ground Rent: £100 pa
Council Tax Band: B
Energy Efficiency Rating: C

Agent Details

Acorn, Crystal Palace

020 8103 3840

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed Flat, Single Let, London, SE19 3NF

£300,000

7 views • 9 months ago • 72 m²

4 Bed House, Single Let, London, SE19 3NQ

£800,000

1 views • 10 days ago • 129 m²

2 Bed Flat, Single Let, London, SE19 3HF

£495,000

2 views • 2 months ago • 68 m²

4 Bed House, Single Let, London, SE19 3HF

£900,000

2 views • 4 months ago • 129 m²