3 Bed Terraced House, Refurb/BRRR, Beckenham, BR3 3JQ, £580,000

124 Eden Park Avenue, Beckenham, Kent, BR3 3JQ - 3 views - 3 months ago

Refurb/BRRR
Planning
ROI: 1%
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£395K - £850K
Sold Prices/m²£4.4K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£6.2K/m²

Value Estimate

£540,433

 

 

End Value (After Refurb)

£588,125

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£145,000

Stamp Duty & Legal Fees

£35,100

Refurb Costs

£49,200

Bridging Loan Interest

£15,225

Total Cash In

£246,275

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£588,125

Mortgage (After Refinance)

£441,094

Mortgage LTV

75%

Cash Released

£6,094

Cash Left In

£240,181

Equity

£147,031

Rent Range

£2,000 - £3,818

Rent Estimate

£2,553

Running Costs/mo

£2,368

Cashflow/mo

£185

Cashflow/yr

£2,214

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £395K to £850K, average is £601K. £4.4K/m² to £8.3K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£570K03/210.06 mi141, Eden Park Avenue, Beckenham, Greater London BR3 3JG3
£642K06/230.07 mi174, Eden Park Avenue, Beckenham, Greater London BR3 3JQ3
£640K02/210.07 mi168, Eden Park Avenue, Beckenham, Greater London BR3 3JQ3
£540K01/210.07 mi101, Eden Park Avenue, Beckenham, Greater London BR3 3HH3
£600K11/200.08 mi79, Stanhope Grove, Beckenham, Greater London BR3 3HL3
£556K05/230.09 mi25, Cherry Tree Walk, Beckenham, Greater London BR3 3PF3
£810K04/230.12 mi4, Wellhouse Road, Beckenham, Greater London BR3 3JR3
£602K01/210.13 mi23, Merlin Grove, Beckenham, Greater London BR3 3HR3
£557.5K01/210.13 mi15, Merlin Grove, Beckenham, Greater London BR3 3HR3
£580K07/230.13 mi53, Merlin Grove, Beckenham, Greater London BR3 3HR3
£610K05/230.14 mi100, Eden Park Avenue, Beckenham, Greater London BR3 3HW3
£515K02/210.14 mi42, Eden Park Avenue, Beckenham, Greater London BR3 3HW3
£700K12/200.15 mi15, Birchwood Avenue, Beckenham, Greater London BR3 3PY3
£617.5K09/210.15 mi53, Glanfield Road, Beckenham, Greater London BR3 3JT3
£700.3K12/210.16 mi40, Glanfield Road, Beckenham, Greater London BR3 3JU3
£775K09/230.16 mi38, Glanfield Road, Beckenham, Greater London BR3 3JU3
£705K02/210.16 mi32, Ronald Close, Beckenham, Greater London BR3 3HX3
£610K03/230.16 mi24, Ronald Close, Beckenham, Greater London BR3 3HX3
£740K11/210.17 mi12, Birchwood Avenue, Beckenham, Greater London BR3 3PZ3
£675K12/200.21 mi148, Village Way, Beckenham, Greater London BR3 3PH3
£740K12/220.22 mi43, Ernest Grove, Beckenham, Greater London BR3 3HY3
£660K01/230.22 mi55, Ernest Grove, Beckenham, Greater London BR3 3HY3
£590K04/210.23 mi230, Eden Park Avenue, Beckenham, Greater London BR3 3JH3
£675K09/210.24 mi11, Gordon Road, Beckenham, Greater London BR3 3QE3
£600K06/210.24 mi25, Balmoral Avenue, Beckenham, Greater London BR3 3RD3
£737K08/230.24 mi75, Ernest Grove, Beckenham, Greater London BR3 3HZ3
£545K11/210.25 mi22, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£565K08/230.25 mi26, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£580K06/210.25 mi18, Balmoral Avenue, Beckenham, Greater London BR3 3RE3
£565K11/200.27 mi105, Merlin Grove, Beckenham, Greater London BR3 3HS3
£730K03/210.27 mi60, Bramerton Road, Beckenham, Greater London BR3 3PD3
£850K04/230.28 mi27, Broomfield Road, Beckenham, Greater London BR3 3QB3
£710K04/230.28 mi92, Merlin Grove, Beckenham, Greater London BR3 3HT3
£730K03/210.29 mi135, Village Way, Beckenham, Greater London BR3 3NL3
£470K12/200.31 mi381, Upper Elmers End Road, Beckenham, Greater London BR3 3DA3
£500K03/210.31 mi389, Upper Elmers End Road, Beckenham, Greater London BR3 3DA3
£555K07/230.31 mi2, Ernest Close, Beckenham, Greater London BR3 3JE3
£535K03/210.31 mi27, Dunbar Avenue, Beckenham, Greater London BR3 3RG3
£520K12/200.31 mi33, Dunbar Avenue, Beckenham, Greater London BR3 3RG3
£615K09/210.33 mi62, Lloyds Way, Beckenham, Greater London BR3 3QS3
£555K11/210.33 mi10, Lloyds Way, Beckenham, Greater London BR3 3QS3
£590K02/230.34 mi28, Dunbar Avenue, Beckenham, Greater London BR3 3RQ3
£495K06/210.37 mi191, Upper Elmers End Road, Beckenham, Greater London BR3 3QU3
£617.5K12/200.38 mi227, Croydon Road, Beckenham, Greater London BR3 3PT3
£530K03/230.39 mi271, Upper Elmers End Road, Beckenham, Greater London BR3 3QR3
£520K02/210.39 mi283, Upper Elmers End Road, Beckenham, Greater London BR3 3QR3
£455K04/230.4 mi38, Upper Elmers End Road, Beckenham, Greater London BR3 4AN3
£610K08/230.43 mi54, Eden Way, Beckenham, Greater London BR3 3DJ3
£395K06/210.43 mi6, Elmerside Road, Beckenham, Greater London BR3 4AJ3
£622.5K03/210.44 mi111, Village Way, Beckenham, Greater London BR3 3NJ3

Local Rents

16 rents from £2K/mo to £3.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00004/240.06 miGlanfield Road, Beckenham, BR33
£2,40003/240.25 miErnest Grove Beckenham BR33
£2,00004/240.3 miStanhope Grove, Beckenham3
£2,20004/240.37 miAsprey Mews Beckenham BR33
£2,10004/240.37 mi-3
£2,35012/240.44 mi-3
£2,25003/240.45 miTonge Close, Beckenham, BR33
£3,60005/240.47 mi-3
£3,45004/240.47 miHillcrest Close, Beckenham, BR33
£2,25003/240.5 miColesburg Road, Beckenham, BR33
£2,35005/240.5 miLangley Road, Beckenham3
£3,00002/240.53 mi-3
£3,20001/250.53 mi-3
£3,81803/250.53 mi-3
£2,65003/240.59 miClock House Road, Beckenham, Kent, BR33
£2,50003/240.61 miDurban Road, Beckenham, BR33

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.44 miles away

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £580,000

January 22, 2025

Floor Plans

Description

  • 1930s terrace house +
  • 'Chain free' +
  • Three bedrooms +
  • Popular location +
  • Gas central heating +
  • South facing gardens +
  • Double glazed windows +
  • Double garage +

This 1930's terrace house offers great accommodation with the potential of extension if so desired subject to the usual planning permission. Having been lovingly cared for over the years, by today's standards the house does require modernisation, but it does have the benefits of gas fired central heating, replacement uPVC double glazing and fitted carpets. Externally the south facing 70' rear garden leads to a detached double garage Located within half a mile of local shops and restaurants at Elmers End and between the junctions with Glanfield Road and Chreey Tree Walk, together with Elmers End railway station (London Bridge, Waterloo, Charing Cross, Cannon Street and DLR connection at Lewisham) and Tramlink to Croydon and Wimbledon. There are schools for all ages within the vicinity including Langley, Eden Park High and Harris (Kelsey) secondaries and Marian Vian, Unicorn, Harris and Langley primaries. Beckenham High Street, with its more extensive shopping and social facilities together with mainline railway station (Victoria and Blackfriars) is within one mile.  Parks nearby include Crease Park, Stanhope Recreational Ground, Harrington and Kelsey Parks.

Agent Details

Proctors, Beckenham

020 3909 9253

Next Steps?

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