2 Bed Flat, Single Let, London, SE13 6TD, £325,000

Hither Green Lane, London, SE13 6TD - 5 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£230K - £518K
Sold Prices/m²£4.1K/m² - £9.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£393,250
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,500 - £2,500

Rent Estimate

£1,579

Running Costs/mo

£1,351

Cashflow/mo

£228

Cashflow/yr

£2,731

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £230K to £518K, average is £367.1K. £4.1K/m² to £9.1K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£370K01/240 miFlat 36, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£420.6K07/230 miFlat 13, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£363K02/210 miFlat 16, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£325K04/230 miFlat 3, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£348K03/210.04 miFlat 59, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£380K10/210.04 miFlat 71, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£375K12/200.04 miFlat 23, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£350K10/230.04 miFlat 77, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£445K11/200.06 miFlat 108, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£325K06/230.07 mi7a, Mallet Road, London, Greater London SE13 6SP2
£355K09/210.09 miFlat 75, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£369.3K11/210.09 miFlat 39, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£355K06/210.09 miFlat 92, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£330K11/210.09 miFlat 52, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£393K06/210.09 miFlat 82, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£435K07/230.09 miFlat 83, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£282.8K05/230.09 miFlat 18, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PA2
£340K02/210.09 miFlat 17, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PA2
£360K03/230.09 miFlat 59, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£380K05/230.13 mi18, Springrice Road, London, Greater London SE13 6HR2
£380K12/200.13 mi4a, Springrice Road, London, Greater London SE13 6HR2
£518K03/230.16 mi11, Theodore Road, London, Greater London SE13 6HT2
£435K02/210.16 mi63, Nightingale Grove, London, Greater London SE13 6ER2
£352.5K02/210.18 miFlat 17, Mountsfield Court, Hither Green Lane, London, Greater London SE13 6RR2
£360K06/230.18 miFlat 31, Mountsfield Court, Hither Green Lane, London, Greater London SE13 6RR2
£493K10/230.18 mi333a, Hither Green Lane, London, Greater London SE13 6TJ2
£303K10/230.19 mi138, The Woodlands, Hither Green, London, Greater London SE13 6TX2
£365K06/210.22 mi113, Springbank Road, London, Greater London SE13 6SS2
£450K09/230.24 mi58, Radford Road, London, Greater London SE13 6RZ2
£467.5K11/200.24 mi64, Radford Road, London, Greater London SE13 6RZ2
£370K06/230.24 mi187b, Hither Green Lane, London, Greater London SE13 6QE2
£399.9K12/200.24 miLower Floor, 127, George Lane, London, Greater London SE13 6HP2
£395K06/210.26 mi15b, Torridon Road, London, Greater London SE6 1AQ2
£430K10/230.27 miLower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD2
£405K12/200.27 miLower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD2
£311.5K05/210.27 mi87, Radford Road, London, Greater London SE13 6SB2
£409K06/210.27 miGarden Flat, 112, Mount Pleasant Road, London, Greater London SE13 6HX2
£435K12/230.28 miFlat B, 49, Ennersdale Road, London, Greater London SE13 6JE2
£230K09/210.29 mi263f, Brownhill Road, Catford, London, Greater London SE6 1AE2
£310K11/210.3 miFlat B, 96, Farley Road, London, Greater London SE6 2AR2
£340K02/230.32 mi88, Knowles Hill Crescent, London, Greater London SE13 6DS2
£274K10/200.32 mi294b, Brownhill Road, Catford, London, Greater London SE6 1AU2
£307.5K05/230.32 mi55a, Wellmeadow Road, Catford, London, Greater London SE13 6TA2
£487.5K11/200.32 mi65a, Wellmeadow Road, Catford, London, Greater London SE13 6TA2
£295K12/220.33 mi28, Britton Close, London, Greater London SE6 1AP2
£420K06/210.33 mi231a, Springbank Road, London, Greater London SE13 6ST2
£415K11/210.35 mi185, Laleham Road, London, Greater London SE6 2AE2
£360K03/210.35 mi157a, Laleham Road, London, Greater London SE6 2AE2
£338K01/240.36 miGround Floor Flat, 328a, Brownhill Road, London, Greater London SE6 1AX2
£290K12/230.36 mi322c, Hither Green Lane, London, Greater London SE13 6TS2

Local Rents

48 rents from £1.5K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,00002/250.01 mi-2
£1,75008/240.05 mi-2
£1,70011/240.05 mi-2
£1,75008/240.06 miHighfield Close, Hither Green, London2
£1,80008/240.06 miKingswood Court, Hither Green, London, SE132
£1,95002/240.06 mi-2
£1,95011/240.06 mi-2
£1,70008/240.07 miLullingstone Lane Hither Green SE132
£1,95008/240.08 miHighfield Close Hither Green SE132
£1,90008/240.08 miHighfield Close Hither Green SE132
£1,85008/240.08 mi-2
£1,62504/250.09 mi-2
£1,70008/240.09 miHeather Close, London, SE132
£1,60011/230.11 miHighfield Close, SE132
£1,75008/240.11 miHither Green Lane, Hither Green, London, SE132
£1,80008/240.11 miKingswood Court, Hither Green, London, SE132
£1,70008/240.12 miCatalpa Court, Hither Green Lane, London, SE132
£1,60002/240.13 mi-2
£2,10008/240.13 mi-2
£1,80008/240.13 mi-2
£1,70004/250.13 mi-2
£1,80008/240.13 miStainton Road, London, SE62
£1,70008/240.15 miSpringrice Road London SE132
£2,50004/250.15 mi-2
£2,10008/240.16 miTheodore Road, Lewisham2
£1,50008/240.16 miTheodore road, Hither Green, SE132
£1,80002/250.17 mi-2
£1,77508/240.17 miRosse Gardens, Desvignes Drive, London, SE132
£1,60009/240.17 miHospital Way, Hither Green, London, SE132
£1,80008/240.18 miHither Green Lane, Hither Green, SE132
£1,95004/250.18 mi-2
£1,85012/240.18 mi-2
£1,93009/240.19 mi-2
£1,80008/240.21 miSt. Swithuns Road, London, SE132
£1,80008/240.21 mi-2
£1,95011/240.21 mi-2
£1,80002/240.21 mi-2
£1,75008/240.22 miRadford Road, Hither Green, SE132
£1,75008/240.22 miSpringbank Road, SE132
£1,90002/250.23 mi-2
£2,20002/250.25 mi-2
£1,90004/250.26 mi-2
£1,69502/240.26 mi-2
£1,65008/240.27 miEnnersdale Road, London, SE132
£1,70008/240.28 miEnnersdale Road Hither Green SE132
£1,90008/240.3 miBritton Close, Hither Green, London, SE62
£2,00010/240.3 mi-2
£1,95008/240.3 mi-2

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

6.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

January 23, 2025

Floor Plans

Description

  • CHAIN FREE +
  • Two bedroom flat +
  • Second floor +
  • Two bathrooms +
  • Spacious reception room +
  • Private balcony +
  • Two parking spaces +
  • Ample storage +
  • Great location for transport links and local amenities +
  • Total floor area: 72m²= 775ft² (guidance only) +

*GUIDE PRICE £325,000 - £350,000* Robinson Jackson are thrilled to present to the market this CHAIN FREE and charming CORNER 2 Double Bedroom property in this very popular Hither Green development. The lovely home boasts a cosy and inviting atmosphere, perfect for those seeking London residence which is comfortable and convenient. Two wonderful balconies off the reception overlook the clock tower and communal gardens.

The property has an L-shaped reception dining area which is open plan to the kitchen. Two double bedrooms one of which has an en-suite shower room, a family bathroom and two balconies, and to complete the package come with two underground car parking spaces, (one of which the vendor rents out for £50 PCM).

Ideal for first-time buyers, couples or small families looking for a wonderful London home with wonderful transport links and amenities all within easy reach. Don't miss out on the chance to make this lovely property your new home.
Early viewing is highly recommended and is by appointment only with Robinson Jackson.

LOCATION
The property is located in the ever-popular leafy Hither Green area famous for its outstanding primary schools and excellent transport links. Served by three main train lines the area is popular with commuters as journeys to Central London take as little as 10 minutes. Access to Canary Wharf/Bank (via the DLR) is available via Lewisham Station, which can be reached by train in 4 minutes. The property is a stone throw away from two superb green areas - Manor House Gardens and Mountsfield Park - one of London’s best open spaces and home of the annual People’s Day.

LEASEHOLD INFORMATION
Length of Lease: 125 years from 25th March 2003*
Time remaining on lease: Approx. 103 years*
Service Charge: TBC *
Service Charges Review Period: Every 1 Year
Ground Rent: TBC *
Ground Rent Review Period: TBC*
(*to be verified by Vendors Solicitor)

ADDITIONAL INFORMATION
Postcode: SE13 6TD
Local Authority: London Borough of Lewisham
Council Tax: Band C (£1,811.54 pa)
EPC Rating: TBC

UTILITIES
• Mains electricity
• Mains water
• Drainage to public sewer

FLOOD RISK
For information please visit: check-long-term-flood-risk.service.gov.uk/postcode

BROADBAND & MOBILE COVERAGE
For broadband and mobile phone cover-age at the property please visit:
• Broadband: check-er.ofcom.org.uk/en-gb/broadband-coverage
• Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage

PARKING
2 x Allocated parking bays

NEAREST TRAIN STATIONS
• Hither Green Rail Station 0.37 km
• Lee Rail Station 1.24 km

Agent Details

Robinson Jackson, Lewisham

020 3834 8051

Next Steps?

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