3 Bed Terraced House, Refurb/BRRR, London, SE6 4YW, £500,000

Chilthorne Road, Catford, SE6 4YW - 27 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+7 photos

ValuationFair Value

Sold Prices£565.3K - £910K
Sold Prices/m²£5.6K/m² - £8.7K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£510,000

 

 

End Value (After Refurb)

£562,633

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£49,243

Bridging Loan Interest

£13,125

Total Cash In

£217,818

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£562,633

Mortgage (After Refinance)

£421,975

Mortgage LTV

75%

Cash Released

£46,975

Cash Left In

£170,843

Equity

£140,658

Rent Range

£750 - £3,250

Rent Estimate

£2,265

Running Costs/mo

£2,231

Cashflow/mo

£34

Cashflow/yr

£405

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £565.3K to £910K, average is £708.8K. £5.6K/m² to £8.7K/m², average is £7.1K/m².

PriceDateDistanceAddressBeds 
£850K10/200.08 mi91, Ravensbourne Park, London, Greater London SE6 4YA3
£735K12/200.09 mi9, Ravensbourne Park Crescent, London, Greater London SE6 4YJ3
£727K06/210.1 mi7, Bankhurst Road, London, Greater London SE6 4XW3
£670K03/210.14 mi4, Bournville Road, London, Greater London SE6 4RN3
£800K03/230.14 mi21, Bournville Road, London, Greater London SE6 4RN3
£710K04/210.14 mi29, Casslee Road, London, Greater London SE6 4XH3
£700K04/210.14 mi22, Casslee Road, London, Greater London SE6 4XH3
£585K06/230.15 mi28, Ravensbourne Park, London, Greater London SE6 4RW3
£783.5K10/220.16 mi51, Polsted Road, London, Greater London SE6 4YH3
£680K07/220.16 mi137, Bexhill Road, London, Greater London SE4 1SH3
£675K12/200.18 mi148, Manwood Road, London, Greater London SE4 1SE3
£600K04/210.18 mi103, Bexhill Road, London, Greater London SE4 1SH3
£600K04/210.18 mi103, Bexhill Road, London, Greater London SE4 1SH3
£735K09/210.18 mi149, Bexhill Road, London, Greater London SE4 1SH3
£730K05/210.18 mi117, Bexhill Road, London, Greater London SE4 1SH3
£707.5K07/220.19 mi42, Brightling Road, London, Greater London SE4 1SQ3
£725K07/230.19 mi19, Brightling Road, London, Greater London SE4 1SQ3
£680K08/220.2 mi44, Brightling Road, London, Greater London SE4 1SQ3
£630K12/220.2 mi97, Ewhurst Road, London, Greater London SE4 1SD3
£600K03/210.2 mi88, Ewhurst Road, London, Greater London SE4 1SD3
£750K11/220.21 mi72, Stillness Road, London, Greater London SE23 1NF3
£654K12/200.22 mi64, Stillness Road, London, Greater London SE23 1NF3
£910K06/230.22 mi29, Blythe Hill, London, Greater London SE6 4UL3
£808K11/200.22 mi110, Manwood Road, London, Greater London SE4 1SE3
£770K05/230.23 mi48, Blythe Hill Lane, London, Greater London SE6 4UN3
£850K03/230.24 mi62, Bexhill Road, London, Greater London SE4 1SL3
£670K02/210.24 mi74, Bexhill Road, London, Greater London SE4 1SL3
£685K01/230.25 mi8, Winterbourne Road, London, Greater London SE6 4UQ3
£724K11/210.26 mi108, Salehurst Road, London, Greater London SE4 1AP3
£724K11/210.26 mi108, Salehurst Road, London, Greater London SE4 1AP3
£725K12/200.26 mi156, Salehurst Road, Crofton Park, London, Greater London SE4 1AP3
£565.3K05/210.26 mi107, Salehurst Road, Crofton Park, London, Greater London SE4 1AR3
£580K01/240.27 mi102, Doggett Road, London, Greater London SE6 4QA3
£655K11/220.27 mi17, Blythe Hill Lane, London, Greater London SE6 4UP3
£874K01/230.28 mi133, Crofton Park Road, London, Greater London SE4 1AJ3
£706.7K12/220.29 mi113, Crofton Park Road, London, Greater London SE4 1AJ3
£710K09/210.29 mi187, Crofton Park Road, London, Greater London SE4 1AJ3
£725K11/230.29 mi23, Winterbourne Road, Catford, London, Greater London SE6 4UQ3
£613K04/210.3 mi73, Ewhurst Road, London, Greater London SE4 1AG3
£752.5K06/210.3 mi140, Crofton Park Road, London, Greater London SE4 1AL3
£655.6K02/210.31 mi90, Manwood Road, London, Greater London SE4 1SB3
£620K06/210.32 mi87, Manwood Road, London, Greater London SE4 1SA3
£799K02/210.33 mi14, Brockley View, London, Greater London SE23 1SN3
£627K08/210.35 mi13, Glenwood Road, London, Greater London SE6 4NF3
£575K01/210.35 mi27, Glenwood Road, London, Greater London SE6 4NF3
£825K04/210.37 mi66, Lowther Hill, London, Greater London SE23 1PY3
£836.9K03/230.37 mi42, Stillness Road, London, Greater London SE23 1NQ3
£880K03/230.38 mi42, Crofton Park Road, London, Greater London SE4 1AE3
£567K09/210.38 mi67, Brookdale Road, London, Greater London SE6 4JP3
£620K04/210.39 mi5a, Codrington Hill, London, Greater London SE23 1LR3

Local Rents

37 rents from £750/mo to £3.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.12 miRavensbourne Park, Catford , London, SE63
£2,35008/240.18 mi-3
£2,35008/240.18 miRavensbourne Park, London, SE63
£2,50008/240.19 miBrightling Road, Crofton Park3
£2,75008/240.19 miManwood Road, Brockley, London, SE43
£1,70003/250.25 mi-3
£2,25008/240.3 miDixie Court, Adenmore Road, London, SE63
£2,00008/240.3 miRavensbourne Road, London, SE63
£1,80008/240.31 miStanstead Road, London, SE63
£1,95010/240.32 mi-3
£2,40008/240.32 mi-3
£2,50009/240.32 mi-3
£2,75008/240.32 miManwood Road, Brockley, London, SE43
£2,70011/240.32 mi-3
£2,95008/240.35 mi-3
£3,25003/250.35 mi-3
£2,20011/240.41 mi-3
£1,75008/240.43 miHonor Oak Park, London, SE233
£2,50002/250.44 mi-3
£2,30002/250.47 mi-3
£2,10003/250.47 mi-3
£2,60008/240.48 miBearstead Rise Brockley SE43
£1,80008/240.48 miCatford Hill, London, SE63
£2,60008/240.52 miExbury Road, London, SE6 4ND3
£3,00004/250.53 mi-3
£2,40008/240.53 miMalyons Road, Lewisham, SE133
£2,50003/250.54 mi-3
£2,62508/240.54 miStondon Park, Honor Oak, London, SE233
£2,55008/240.54 miStondon Park, Honor Oak, London, SE233
£75002/240.55 mi-3
£80010/240.55 mi-3
£1,89508/240.57 miShorndean Street, London, SE63
£2,20002/240.58 mi-3
£2,35002/250.58 mi-3
£2,20002/250.59 mi-3
£2,25002/250.6 mi-3
£2,60003/250.6 mi-3

Local Area Statistics

Population in SE6

53,011

Population in London

4,771,921

Town centre distance

6.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £500,000

January 22, 2025

Floor Plans

Description

  • Chain Free +
  • Three Bedrooms +
  • Ground Floor W.C. +
  • Garden +
  • Garage En Bloc +
  • Cul-De-Sac Location +

A great opportunity to acquire this mid terrace house situated at Chilthorne Road. The property is in need of modernisation throughout and comprises three bedrooms, spacious reception room, kitchen and bathroom. Offered with no onward chain. Additional benefits include rear garden and garage en bloc.

Key Terms
LOCATION
Catford is growing in popularity among commuters as journeys from its two mainline stations can take as little as 10 minutes to Central London.
The Broadway Theatre is an impressive Art Deco building, with a regular programme of shows and events. Catford’s other premium attraction is Mountsfield Park – one of London’s best open spaces and home of the annual People’s Day. Catford’s Black Cat sculpture remains a well-loved landmark.

OTHER INFORMATION
Local Authority: London Borough of Lewisham
Council Tax: Band D (£2,038 pa)
EPC Rating: TBC
Electric Supply: Yes
Water Supply: Yes
Heating Supply: Yes, Gas central heating
Sewerage: Drainage to public sewer
Flood Risk: Very low risk of surface water flooding and very low risk of flooding from rivers and the sea
Available Broadbands: Standard, Superfast and Ultrafast
Networks: Openreach, Hyperoptic, nexfibre. You may be able to obtain broadband service from these Fixed Wireless Access providers covering your area (EE)
Likely Mobile Signal: 02
Parking: Garage En Bloc
Nearest Train Stations: Catford Rail Station, Catford Bridge Rail Station, Crofton Park Rail Station.

Agent Details

Robinson Jackson, Catford

020 3840 3628

Next Steps?

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