3 Bed Terraced House, Planning Permission, London, SW19 2QN, £700,000

Palestine Grove, Colliers Wood, SW19 2QN - 4 views - 3 months ago

Sold STC
Planning
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£375K - £865K
Sold Prices/m²£4.4K/m² - £11.3K/m²

 

 

Square Metres

~93 m²
Price/m²£7.5K/m²

Value Estimate

£598,621

 

 

End Value (After Refurb)

£687,346

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£46,700

Refurb Costs

£49,214

Bridging Loan Interest

£18,375

Total Cash In

£291,039

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£687,346

Mortgage (After Refinance)

£515,510

Mortgage LTV

75%

Cash Left In

£291,039

Equity

£171,837

Rent Range

£1,800 - £3,500

Rent Estimate

£2,329

Running Costs/mo

£2,634

Cashflow/mo

£-305

Cashflow/yr

£-3,657

Gross Yield

4%

Local Sold Prices

50 sold prices from £375K to £865K, average is £560K. £4.4K/m² to £11.3K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£605K06/210 mi2, Palestine Grove, London, Greater London SW19 2QN3
£560K12/200.04 mi3, Palestine Grove, London, Greater London SW19 2QN3
£510K03/210.1 mi18, Hogarth Crescent, London, Greater London SW19 2DW3
£525K04/230.1 mi63, Hogarth Crescent, London, Greater London SW19 2DN3
£560K06/210.12 mi27, Willow View, London, Greater London SW19 2UR3
£550K11/220.21 mi39, Mount Road, Mitcham, Greater London CR4 3EZ3
£575K11/230.21 mi33, Sheldrick Close, London, Greater London SW19 2UG3
£580K08/210.23 mi20, Dreadnought Close, London, Greater London SW19 2TA3
£515K07/210.24 mi22, Homefield Gardens, Mitcham, Greater London CR4 3BY3
£735K03/240.27 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£702K10/200.27 mi2, Christchurch Close, London, Greater London SW19 2NZ3
£539K01/210.28 mi60, Haslemere Avenue, Mitcham, Greater London CR4 3BA3
£540K12/220.3 mi8, Tyrrell Square, Mitcham, Greater London CR4 3SD3
£710K03/210.3 mi38, Dane Road, London, Greater London SW19 2NB3
£860K01/240.31 mi13, Mill Road, London, Greater London SW19 2NE3
£765K11/210.31 mi39, Mill Road, London, Greater London SW19 2NE3
£865K10/210.31 mi2, Mill Road, London, Greater London SW19 2NE3
£575.3K02/230.33 mi16, Oakwood Avenue, Mitcham, Greater London CR4 3DP3
£485K03/210.33 mi22, Oakmead Place, Mitcham, Greater London CR4 3RU3
£710K04/210.33 mi22, Meadow Road, London, Greater London SW19 2ND3
£500K03/230.34 mi37, Ashtree Avenue, Mitcham, Greater London CR4 3DS3
£565K02/230.34 mi105, Heathfield Drive, Mitcham, Greater London CR4 3RD3
£747K11/200.34 mi3, Colwood Gardens, London, Greater London SW19 2DS3
£750K11/230.34 mi5, Colwood Gardens, London, Greater London SW19 2DS3
£800K06/230.34 mi17, Colwood Gardens, London, Greater London SW19 2DS3
£730K07/230.34 mi225, Phipps Bridge Road, London, Greater London SW19 2SS3
£760K03/240.36 mi13, Croft Road, London, Greater London SW19 2NF3
£460K09/210.38 mi10, Wilkins Close, Mitcham, Greater London CR4 3SA3
£465K03/210.39 mi10, Lewis Road, Mitcham, Greater London CR4 3DE3
£840K09/210.39 mi91, Courtney Road, London, Greater London SW19 2EE3
£416K03/210.4 mi35, Sycamore Gardens, Mitcham, Greater London CR4 3QP3
£700K02/210.4 mi28, Laburnum Road, London, Greater London SW19 1BQ3
£452.5K01/210.41 mi48, Bank Avenue, Mitcham, Greater London CR4 3DU3
£438K02/210.41 mi27, Bank Avenue, Mitcham, Greater London CR4 3DW3
£440K04/210.42 mi54, Glebe Avenue, Mitcham, Greater London CR4 3DY3
£410K04/210.42 mi31, Glebe Avenue, Mitcham, Greater London CR4 3DZ3
£375K03/210.42 mi49, Glebe Avenue, Mitcham, Greater London CR4 3DZ3
£431.8K03/210.43 mi10a, Lewis Road, Mitcham, Greater London CR4 3DE3
£475K03/210.43 mi14, Veals Mead, Mitcham, Greater London CR4 3SB3
£590K01/230.43 mi5, Veals Mead, Mitcham, Greater London CR4 3SB3
£510K01/230.44 mi6, Heyford Road, Mitcham, Greater London CR4 3EU3
£865K06/230.46 mi45, Norman Road, London, Greater London SW19 1BW3
£760K03/210.46 mi39, Norman Road, London, Greater London SW19 1BW3
£657.5K12/200.46 mi15, Norman Road, London, Greater London SW19 1BW3
£436K08/230.46 mi16, Lavender Grove, Mitcham, Greater London CR4 3HU3
£536.8K05/210.47 mi26, Alexandra Road, Mitcham, Greater London CR4 3LT3
£500K06/210.47 mi17, Alexandra Road, Mitcham, Greater London CR4 3LT3
£610K09/230.48 mi35, Haydons Road, London, Greater London SW19 1HG3
£425K05/210.48 mi15, Lavender Grove, Mitcham, Greater London CR4 3HW3
£463.5K09/210.48 mi23, Lavender Grove, Mitcham, Greater London CR4 3HW3

Local Rents

50 rents from £1.8K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,60009/240.03 mi-3
£1,80009/240.03 miLiberty Avenue, Colliers Wood, London, SW193
£2,65010/240.06 mi-3
£2,80009/240.06 mi-3
£2,60009/240.1 miRunnymede, Colliers Wood, London, SW193
£2,15009/240.26 mi-3
£2,50012/240.3 mi-3
£2,40012/240.3 mi-3
£2,60012/240.31 mi-3
£2,30003/240.31 miBrailsford Close, MITCHAM3
£2,70009/240.31 mi-3
£2,30012/240.32 miBrailsford Close, Mitcham3
£2,70002/240.32 mi-3
£2,70002/240.32 mi-3
£2,30005/240.32 mi-3
£3,50004/250.32 mi-3
£1,97503/240.32 miOakwood Avenue, MITCHAM3
£1,80005/240.32 miOakwood Avenue, Colliers Wood Borders3
£2,40009/240.33 miColwood Gardens, Colliers Wood3
£2,40003/240.33 mi-3
£2,40009/240.34 miColwood Gardens, Colliers Wood, London, SW193
£2,74909/240.36 miCroft Road, London, SW193
£2,74909/240.36 mi-3
£2,00003/240.36 miLavendar Avenue, Mitcham, CR43
£2,40004/250.37 mi-3
£2,70001/250.37 mi-3
£2,20004/240.39 miHeathfield Drive, Colliers Wood Borders3
£2,30002/240.4 mi-3
£2,30002/250.4 mi-3
£2,35012/240.4 mi-3
£3,50004/250.4 mi-3
£2,40009/240.42 miNelson Grove Road, South Wimbledon, London, SW193
£2,00005/240.42 miLewis Road, Tooting3
£1,90012/240.43 mi-3
£2,50001/250.44 mi-3
£2,75009/240.45 miNorman Road, SW193
£2,30004/250.46 mi-3
£1,85005/240.46 miPhipps Bridge Road, Mitcham, CR43
£2,57512/240.46 mi-3
£2,20003/240.47 miAlexandra Road Mitcham CR43
£2,40003/240.48 miBordergate, Mitcham3
£2,40003/240.48 miBordergate, Mitcham3
£2,00009/240.49 miByegrove Road, Colliers Wood, London, SW193
£2,39009/240.49 mi-3
£2,30009/240.5 miNew Close, Colliers Wood, London, SW193
£2,40004/240.5 miLavender Avenue, Mitcham, CR43
£2,40005/240.5 mi-3
£2,00009/240.5 miCavendish Road, Colliers Wood, London, SW193
£2,65004/250.5 mi-3
£2,20004/250.51 mi-3

Local Area Statistics

Population in SW19

77,441

Population in London

4,771,921

Town centre distance

8.60 miles away

Nearest school

0.30 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+4%

Property History

Price changed to £700,000

February 8, 2025

Listed for £725,000

January 18, 2025

Floor Plans

Description

  • 3 Double Bedrooms +
  • 2 Modern Bath/Shower Rooms +
  • Double Through Reception Room +
  • Exceptional Contemporary Kitchen & Breakfast Room +
  • Much Larger Than Average Private Garden +
  • Very Rare Off-Street Parking For Multiple Vehicles +
  • End Of Terrace Freehold House +
  • Short Walk To Colliers Wood Tube, Merton Abbey Mills & Shops +
  • The Perfect Family Home +
  • Presented & Offered In A Beautiful Condition +

A very special and incredibly rare property type for the road and immediate area. Not only is this substantial and stylishly decorated house, an end of terrace; it also comes with gated off-street parking and a garden triple the normal size! Set on a quiet and one way street; Colliers Wood tube station, multiple retails parks, Merton Abbey Mills and local shops are all a short walk away. Through the picket fence gate and across the front garden, we enter the house into a bright and ample hallway. The two reception rooms have been opened to enjoy a natural light filled space to accommodate living and dining areas. Now the first WOW factor comes into focus with the extended part of this home. The magnificent contemporary kitchen. Having a plethora of custom-built cabinets, an oversized island, stonework tops and integrated appliances, this truly is the 'heart and soul' of the house. Through folding double-glazing doors, you're stepping into the aforementioned, extraordinary garden. Raised flagstone patio offering alfresco dining initially before an expanse of lawn with the typical garden shed. To the side we have the off-street parking space for multiple vehicles behind double gates. Back inside and upstairs, we have 2 double bedrooms and the beautiful family bathroom. Up again to the loft conversion, we have the principal bedroom with modern and elegantly finished en-suite shower room. The EPC is in band 'C'. The electric, water and sewage are mains connected. Gas central heating. The property is not listed or in a conservation area. The single story rear extension did not have planning permission when purchase. There is an indemnity policy to cover this from when the current owners purchased.

Agent Details

eddisonwhite, Merton - Sales & Lettings

03301 654813

Next Steps?

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