2 Bed Flat, Single Let, Wallington, SM6 0PB, £300,000

Woodcote Road, Wallington, SM6 0PB - 2 views - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£132.5K - £646K
Sold Prices/m²£1.9K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£329,203
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,300

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

40 sold prices from £132.5K to £646K, average is £300K. £1.9K/m² to £6.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£348K08/230.13 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£190K10/210.15 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£325K03/230.18 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£340K03/230.23 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£230K01/230.26 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£272.5K12/200.47 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£255K07/230.49 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£315K12/200.53 mi17, Stanhope Road, Carshalton, Greater London SM5 4LH2
£290K10/200.55 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£345K02/210.57 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£285K03/210.6 mi153, Stanley Road, Carshalton, Greater London SM5 4LW2
£335K06/230.62 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£430K09/210.65 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£132.5K11/200.68 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£347.5K07/230.68 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£140K05/210.7 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£260K11/200.7 mi36, Sunkist Way, Wallington, Greater London SM6 9LQ2
£646K06/210.73 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£321K11/200.73 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.73 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£141K01/210.74 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£330K03/210.74 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£292.5K07/210.75 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£340K06/210.77 mi45, Park Road, Wallington, Greater London SM6 8AA2
£210K10/210.79 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£287K02/210.85 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.85 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.85 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£300K02/230.87 mi180b, Foxley Lane, Purley, Greater London CR8 3NF2
£365K03/210.9 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£325K01/210.9 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.9 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£297.5K06/210.95 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.95 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£295K06/210.98 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.98 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.98 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£264K04/210.99 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.99 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£312K11/200.99 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60004/250 mi-2
£1,64509/240.05 miWoodcote Road, WALLINGTON2
£1,58002/250.05 mi-2
£1,45009/240.05 mi-2
£2,30008/240.12 mi-2
£1,50008/240.17 mi-2
£1,50002/250.17 mi-2
£1,47508/240.22 miWoodcote Road, Wallington, SM62
£1,85002/240.24 mi-2
£1,55008/240.25 mi-2
£1,45011/240.25 mi-2
£1,65009/240.26 mi-2
£1,65009/240.26 miJasmine Court, Wallington, SM62
£1,80009/240.28 miStanley Park Road2
£1,60010/240.28 mi-2
£1,50008/240.28 miStanley Park Road, Wallington, SM62
£1,55002/240.37 mi-2
£1,60009/240.38 mi-2
£1,35008/240.39 miRosemount Clarendon Road Wallington SM6 8RW2
£1,45008/240.39 miClarendon Road, WALLINGTON2
£1,90009/240.39 miStafford Road, Wallington, SM62
£1,90010/240.39 mi-2
£1,75009/240.4 miCavalier Close, Wallington, SM62
£1,60011/240.4 mi-2
£1,60009/240.41 miHolmwood Gardens, Wallington, SM62
£1,50009/240.41 miWoodcote Road, Wallington, SM62
£1,60009/240.42 mi-2
£1,65010/240.42 mi-2
£1,50008/240.42 miCavalier Close Wallington SM62
£1,60009/240.46 miBeddington Gardens, Wallington, SM62
£1,75008/240.47 miStafford Road, Wallington, Surrey, SM62
£1,85001/250.5 mi-2
£1,65009/240.52 mi-2
£1,60004/250.53 mi-2
£1,45008/240.56 miStafford Road, WALLINGTON2
£1,50009/240.56 miStafford Road, WALLINGTON2
£1,50002/240.57 miMelbourne Road, Wallington, Surrey, SM62
£1,55009/240.58 miHeron Way Wallington SM62
£1,45008/240.58 mi91 Manor Road, Wallington2
£1,65009/240.58 miManor Road Wallington SM62
£1,50009/240.59 miCanon Court, 91 Manor Road, Wallington, SM62
£1,47508/240.59 miGrosvenor Road, WALLINGTON2
£1,60008/240.6 miStanley Road, Carshalton, SM52
£1,50008/240.62 miAlexandra Gardens, Stanley Road, Carshalton, SM52
£1,60002/240.62 mi-2
£1,50009/240.62 miStanley Road, CARSHALTON2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.73 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

January 17, 2025

Floor Plans

Description

  • CONTEMPORARY FINISH THROUGHOUT +
  • STUNNING KITCHEN AND BATHROOM +
  • LIFT SERVICE +
  • RESIDENT PARKING +
  • CLOSE TO WALLINGTON STATION AND LOCAL AMENITIES +
  • 171 YEAR LEASE +
  • PRIVATE BALCONY +
  • THIRD FLOOR TWO DOUBLE BEDROOM APARTMENT +

SUMMARY
An exciting opportunity to acquire a genuinely bright, spacious and beautifully presented apartment, situated within close proximity of Wallington station and high street.

DESCRIPTION
An exciting opportunity to acquire a genuinely bright, spacious and beautifully presented apartment, situated within close proximity of Wallington station and high street. As you step into this apartment, you are immediately greeted with a tangible sense of space and light, a theme which remains consistent throughout the property. The kitchen and bathroom have been recently updated to a high standard, and a neutral decor promotes a contemporary, fresh feel in the lounge, hallway and bedrooms. Both bedrooms are generous doubles with plenty of built-in storage space. The 16ft x 14ft lounge is a lovely setting to relax or entertain, giving access to a peaceful private balcony. Aside from the many internal features of this home, there is ample residents parking, a lift service which pretty much takes you straight to your front door, and a newly extended lease of 171 years. Atholl House can be found off Woodcote Road, just a short stroll from Wallington high street and station, and within easy reach of the areas desirable local schools. Call now to arrange your open day viewing slot before it's too late!

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Wallington

020 3909 9087

Next Steps?

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