4 Bed Terraced House, Refurb/BRRR, London, SE4 2NN, £825,000

Sprules Road, Brockley, SE4 2NN - 2 views - 3 months ago

Under Offer
Refurb/BRRR
~129 m²
+1 photos

ValuationUndervalued

Sold Prices£630K - £1.6M
Sold Prices/m²£5.2K/m² - £12.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.4K/m²

Value Estimate

£875,500
BMV3%

 

 

End Value (After Refurb)

£943,783

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£206,250

Stamp Duty & Legal Fees

£56,700

Refurb Costs

£68,520

Bridging Loan Interest

£21,656

Total Cash In

£354,876

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£943,783

Mortgage (After Refinance)

£707,837

Mortgage LTV

75%

Cash Released

£89,087

Cash Left In

£265,790

Equity

£235,946

Rent Range

£1,800 - £5,000

Rent Estimate

£2,935

Running Costs/mo

£3,556

Cashflow/mo

£-621

Cashflow/yr

£-7,456

Gross Yield

4%

Local Sold Prices

50 sold prices from £630K to £1.6M, average is £1.0M. £5.2K/m² to £12.4K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£1.1M09/210.07 mi17, Wallbutton Road, London, Greater London SE4 2NX4
£875K04/210.07 mi111, Drakefell Road, Brockley, London, Greater London SE4 2DT4
£995K12/220.07 mi224, Drakefell Road, Brockley, London, Greater London SE4 2DR4
£1.0M10/200.08 mi25, Pendrell Road, London, Greater London SE4 2PB4
£717K03/210.17 mi10, Millmark Grove, London, Greater London SE14 6RQ4
£710K11/200.19 mi19, Millmark Grove, London, Greater London SE14 6RL4
£850K03/210.22 mi82, St Asaph Road, London, Greater London SE4 2EL4
£825K10/200.23 mi173, Malpas Road, London, Greater London SE4 1BQ4
£730K06/210.23 mi72, Barriedale, London, Greater London SE14 6RG4
£1.2M07/230.25 mi17, Cranfield Road, London, Greater London SE4 1TN4
£1.2M03/230.25 mi31, Finland Road, London, Greater London SE4 2JE4
£825K01/210.26 mi46, Revelon Road, Brockley, London, Greater London SE4 2PP4
£917.5K04/230.26 mi38, Revelon Road, Brockley, London, Greater London SE4 2PP4
£1.6M07/220.27 mi72, Jerningham Road, London, Greater London SE14 5NW4
£1.5M09/210.27 mi70, Jerningham Road, London, Greater London SE14 5NW4
£1.0M05/230.27 mi17, Dundalk Road, London, Greater London SE4 2JJ4
£1.4M06/210.27 mi16, Arbuthnot Road, London, Greater London SE14 5NP4
£1.4M04/220.28 mi44, Geoffrey Road, London, Greater London SE4 1NT4
£1.4M10/200.28 mi58, Geoffrey Road, London, Greater London SE4 1NT4
£1.1M01/230.29 mi23, St Norbert Road, London, Greater London SE4 2EY4
£965K03/210.29 mi109, Upper Brockley Road, London, Greater London SE4 1TF4
£941K05/210.29 mi21, Aspinall Road, London, Greater London SE4 2EH4
£1.5M01/220.3 mi61, Pepys Road, London, Greater London SE14 5SA4
£1.3M03/210.31 mi156, Erlanger Road, London, Greater London SE14 5TJ4
£826K07/230.32 mi58, Barriedale, London, Greater London SE14 6RF4
£1.3M12/200.33 mi47, Ommaney Road, London, Greater London SE14 5NS4
£935K11/210.33 mi21, Drakefell Road, London, Greater London SE14 5SL4
£935K11/210.33 mi21, Drakefell Road, London, Greater London SE14 5SL4
£1.4M08/220.34 mi23, Ommaney Road, New Cross, London, Greater London SE14 5NS4
£947.5K02/210.35 mi90, Revelon Road, London, Greater London SE4 2PR4
£1.4M12/200.37 mi63, Manor Avenue, London, Greater London SE4 1TD4
£958K01/210.37 mi14, Kitto Road, London, Greater London SE14 5TW4
£1.1M05/230.38 mi49, Musgrove Road, London, Greater London SE14 5PP4
£1.2M10/200.38 mi23, St Asaph Road, London, Greater London SE4 2ED4
£1.3M01/210.39 mi91, Erlanger Road, London, Greater London SE14 5TQ4
£1.3M12/220.4 mi17, St Asaph Road, London, Greater London SE4 2ED4
£1.6M12/220.41 mi104, Erlanger Road, London, Greater London SE14 5TH4
£1.1M08/210.41 mi84, Foxberry Road, London, Greater London SE4 2SH4
£630K03/210.42 mi34, Kneller Road, London, Greater London SE4 2AP4
£855K03/210.43 mi2b, Kneller Road, London, Greater London SE4 2AR4
£843K06/210.43 mi19, Kneller Road, London, Greater London SE4 2AR4
£1.0M02/230.44 mi29, St Donatts Road, London, Greater London SE14 6NU4
£865K06/210.44 mi12, Ashby Road, London, Greater London SE4 1PA4
£850K07/230.44 mi60, Malpas Road, London, Greater London SE4 1BS4
£810K06/210.44 mi46, Ivydale Road, London, Greater London SE15 3BS4
£713K02/230.46 mi17, Shardeloes Road, London, Greater London SE14 6NZ4
£1.2M09/220.47 mi1, Glensdale Road, London, Greater London SE4 1UE4
£1.3M03/210.48 mi49, Erlanger Road, London, Greater London SE14 5TF4
£1.1M01/230.49 mi146, Breakspears Road, London, Greater London SE4 1UA4
£1.6M09/210.49 mi46, Erlanger Road, London, Greater London SE14 5TG4

Local Rents

49 rents from £1.8K/mo to £5K/mo, average is £2.9K/mo.

RentDateDistanceAddressBeds 
£2,60002/250.06 mi-3
£2,50003/250.06 mi-3
£2,50008/240.07 miCrossway Court, 40-44 Endwell Road, London, Greater London, SE43
£2,50008/240.12 miDrakefell Road, Brockley3
£3,00008/240.17 miMillmark Grove, New Cross, London, SE144
£3,30008/240.18 miMillmark Grove, London , SE144
£2,40008/240.18 miMillmark Grove, London, SE143
£2,65008/240.18 miMillmark Grove, London, SE143
£2,60008/240.19 mi-3
£2,40008/240.2 miBrockley Cross, London, SE43
£2,60012/240.21 mi-3
£3,80011/240.21 mi-4
£3,25008/240.22 miMalpas Road, Brockley4
£1,80008/240.22 miCoulgate Street, London, SE43
£3,00008/240.23 miCoulgate Street, Brockley3
£2,99508/240.23 miMalpas Road, London, SE44
£3,50008/240.24 miBrockley Road, Brockley, London, SE44
£2,75008/240.25 miWells House, Sandbourne Road, Brockley, London, SE43
£4,20008/240.25 miSt. Asaph Road London SE45
£3,70008/240.25 miCranfield Road, Brockley, London, SE44
£2,50008/240.27 miJerningham Road, New Cross, SE143
£2,75008/240.28 mi-3
£2,95010/240.28 mi-3
£2,60004/250.28 mi-3
£3,85008/240.28 miBrockley Road, Brockley5
£2,75008/240.28 miArica Road, Brockley, London , SE43
£2,50011/240.28 mi-3
£3,80008/240.28 miSt. Norbert Road, London5
£5,00008/240.29 miAspinall Road, Brockley, London, SE45
£2,90008/240.3 miDrakefell Road, London, SE143
£2,99509/240.3 mi-4
£2,99508/240.3 miArica Road, London, SE44
£2,50008/240.3 miAspinall Road, Brockley3
£2,50008/240.3 miBarriedale, London3
£2,95008/240.3 mi-3
£2,95008/240.3 mi-3
£2,10010/240.31 mi-3
£3,00009/240.31 mi-3
£3,00009/240.31 mi-3
£2,59508/240.31 miPepys Road, London, SE143
£2,60008/240.32 miFoxberry Road, Brockley, Brockley, SE43
£2,80008/240.32 miBarriedale, London, SE144
£3,25008/240.32 miBarriedale, London, SE144
£2,50008/240.32 miJerningham Road, New Cross3
£3,25008/240.33 miDene Close London SE44
£3,25008/240.33 miDene Close, SE44
£3,25008/240.33 miDene Close, Brockley4
£2,15008/240.34 miOmmaney Road, New Cross, SE143
£3,70010/240.34 mi-4

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £825,000

January 23, 2025

Listed for £850,000

January 16, 2025

Floor Plans

Description

  • Victorian terrace house +
  • Four bedrooms +
  • Large through reception +
  • Requires full renovation +
  • Near Brockley Station +
  • Good location +
  • 1435 sq ft / 133.3 sq m +
  • EPC to be confirmed +

Guide Price £850,000 to £900,000. A substantial four bedroom Victorian terrace house which is located conveniently for Brockley and Nunhead Stations is available to the market with no onward chain and requires full modernisation throughout.
Council Tax Band: D
Tenure: Freehold

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Brockley

020 3872 0011

Next Steps?

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