2 Bed Flat, Single Let, Beckenham, BR3 4RX, £275,000

211D Avenue Road, Beckenham - 3 views - 3 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£225K - £525K
Sold Prices/m²£4K/m² - £9.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£343,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,300 - £2,195

Rent Estimate

£1,413

Running Costs/mo

£1,162

Cashflow/mo

£251

Cashflow/yr

£3,012

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £225K to £525K, average is £369.8K. £4K/m² to £9.2K/m², average is £5.9K/m².

PriceDateDistanceAddressBeds 
£375K06/210.03 mi87a, Avenue Road, Beckenham, Greater London BR3 4RX2
£395K03/210.05 mi93, Birkbeck Road, Beckenham, Greater London BR3 4SW2
£428.5K06/230.07 mi109, Birkbeck Road, Beckenham, Greater London BR3 4SR2
£361.5K10/210.1 mi250, Blandford Road, Beckenham, Greater London BR3 4NJ2
£390K05/230.1 mi214, Blandford Road, Beckenham, Greater London BR3 4NJ2
£365K03/230.12 mi159, Blandford Road, Beckenham, Greater London BR3 4NG2
£365K06/210.12 miLower Maisonette, 139, Blandford Road, Beckenham, Greater London BR3 4NG2
£360K11/210.14 mi177, Ravenscroft Road, Beckenham, Greater London BR3 4TN2
£421K07/230.15 mi290, Blandford Road, Beckenham, Greater London BR3 4NL2
£350.5K11/200.15 mi316, Blandford Road, Beckenham, Greater London BR3 4NL2
£369.5K10/210.15 mi268, Blandford Road, Beckenham, Greater London BR3 4NL2
£400K06/210.16 miFirst Floor Flat, 33, Royston Road, London, Greater London SE20 7QW2
£320K02/210.2 mi1, Clement Road, Beckenham, Greater London BR3 4NT2
£362.5K01/230.27 mi259, Mackenzie Road, Beckenham, Greater London BR3 4SH2
£237K12/200.28 miFlat 22, Avenue Court, Avenue Road, London, Greater London SE20 7RX2
£380K03/210.29 mi214, Birkbeck Road, Beckenham, Greater London BR3 4SX2
£423.5K08/210.3 mi223, Ravenscroft Road, Beckenham, Greater London BR3 4TE2
£405K02/210.34 mi6d, Barnmead Road, Beckenham, Greater London BR3 1JE2
£468K07/230.38 mi17a, Clock House Road, Beckenham, Greater London BR3 4JS2
£282.5K10/210.42 miFlat 8, Clock House Court, Clock House Road, Beckenham, Greater London BR3 4JR2
£255K11/200.43 miFlat 29, Sherborne Court, Elmers End Road, London, Greater London SE20 7SL2
£320K03/210.43 miFlat 3, Howard House, Howard Road, London, Greater London SE20 8HH2
£320K08/210.43 miFlat 1, Howard House, Howard Road, London, Greater London SE20 8HH2
£320K03/210.44 mi11b, Worbeck Road, London, Greater London SE20 7SW2
£385K01/210.44 mi16, Felmingham Road, Anerley, London, Greater London SE20 7YD2
£261K09/210.45 miFlat 14, Roberts Court, Maple Road, London, Greater London SE20 8JJ2
£265K02/230.45 miFlat 5, Roberts Court, Maple Road, London, Greater London SE20 8JJ2
£375K06/210.45 mi23, Bourdon Road, London, Greater London SE20 7SP2
£525K06/210.47 mi16, Maple Road, London, Greater London SE20 8HB2
£333.3K06/210.48 miA, 43, Samos Road, London, Greater London SE20 7TX2
£365K06/210.5 mi8b, Raleigh Road, London, Greater London SE20 7JB2
£425K01/210.51 mi6a, Samos Road, Anerley, London, Greater London SE20 7TU2
£400K06/210.51 mi30a, Samos Road, London, Greater London SE20 7TU2
£450K04/230.53 mi11a, Samos Road, London, Greater London SE20 7UQ2
£427.5K05/210.55 mi16a, Tremaine Road, London, Greater London SE20 7TZ2
£370K04/210.57 mi85b, Marlow Road, London, Greater London SE20 7XR2
£410K05/210.58 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£375K08/210.6 mi6, Tennyson Road, London, Greater London SE20 7ND2
£425K07/230.6 mi16, Tennyson Road, London, Greater London SE20 7ND2
£415K02/210.61 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£335.5K06/210.61 miFlat 7, Bettswood Court, Anerley Road, London, Greater London SE20 8EH2
£300K12/200.62 mi8a, Jasmine Grove, London, Greater London SE20 8JW2
£370K01/210.63 mi46c, High Street, London, Greater London SE20 7HB2
£395K06/210.64 mi22c, Avington Grove, London, Greater London SE20 8RY2
£240K07/230.66 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£310K11/200.67 mi255a, Croydon Road, Beckenham, Greater London BR3 3PS2
£425K02/210.67 miGround Floor Flat, 12, Morland Road, London, Greater London SE20 7NB2
£225K06/210.67 miFlat 59, Queen Adelaide Court, Queen Adelaide Road, London, Greater London SE20 7EA2
£360K07/210.68 mi190a, Anerley Road, London, Greater London SE20 8TQ2
£230K02/230.68 miFlat 9, Grove Court, Oakfield Road, London, Greater London SE20 8RG2

Local Rents

49 rents from £1.3K/mo to £2.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.05 miAvenue Road, Beckenham, Kent BR3 4SA2
£1,40003/240.1 miBlandford Road, London, BR32
£2,00008/240.11 mi-2
£2,00008/240.11 mi-2
£2,00008/240.12 mi-2
£1,50004/240.13 miRavenscroft Road Beckenham BR32
£1,75005/240.13 miRavenscroft Road Beckenham BR32
£2,00012/240.14 mi-2
£1,70004/240.14 miKimberley Road, Beckenham2
£1,75008/240.16 miRoyston Road, London2
£1,60003/240.16 miRavenscroft Road, Beckenham BR32
£1,70012/240.17 mi-2
£1,90003/250.21 mi-2
£1,50008/240.28 miAvenue Court, Avenue Road, Penge SE202
£1,30004/240.29 mi-2
£1,75004/240.29 miSidney Road, Beckenham, BR32
£2,00004/240.3 miMeadside Close Beckenham BR32
£2,00004/240.3 miMeadside Close Beckenham BR32
£2,00004/240.3 miMeadside Close Beckenham BR32
£2,00004/240.3 miMeadside Close, Beckenham, BR32
£2,00004/240.31 miMeadside Close, Beckenham, BR32
£1,65008/240.31 mi63 Croydon Road, London2
£1,70008/240.31 mi63 Croydon Road, London2
£1,75008/240.31 mi63 Croydon Road, London2
£1,65003/240.31 mi2A Sidney Road, Beckenham, Kent, BR32
£1,65012/240.31 mi-2
£1,80004/250.32 mi-2
£1,60004/240.33 miBeckenham Road, Beckenham2
£1,60003/240.33 miBeckenham Road, Beckenham, BR32
£1,90005/240.33 mi-2
£1,95010/240.35 mi-2
£1,75002/250.35 mi-2
£1,80003/240.36 miElmers End Road, Beckenham, BR32
£1,60008/240.37 miCroydon Road, Anerley2
£1,85009/240.37 mi-2
£1,70008/240.37 miCroydon Road, Penge2
£1,75003/240.38 mi-2
£1,75003/240.38 miThayers Farm Road, Beckenham, BR32
£1,62504/250.38 mi-2
£1,75003/240.39 miBuckingham Apartments BR32
£1,70003/240.42 miElmers End Road, Beckenham2
£2,19504/240.42 miChaffinch Road, Beckenham, BR3 4LT2
£1,92008/240.42 mi-2
£1,75004/250.42 mi-2
£1,50008/240.43 mi-2
£1,58003/250.43 mi-2
£1,67502/250.44 mi-2
£1,98009/240.45 mi-2
£2,00009/240.45 miTorr Road, London, SE202

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.98 miles away

Nearest school

0.30 miles away

Nearest train station

0.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £275,000

January 24, 2025

Floor Plans

Description

  • Two bedrom first floor flat +
  • Share of frehold +
  • Freshly decorated +
  • New carpets +
  • New Wocester Bosch boiler +
  • Large loft perfect for storage +
  • Quiet location +
  • Close to numerous transport options and +
  • Council tax band C +
  • EPC rating D +

PRICE GUIDE £275,000 - £300,000

Propertyworld is delighted to bring to market this lovely one and a half bedroom, first-floor flat located on the sought-after Avenue Road, Beckenham. A perfect first-time buy, this property has been recently redecorated throughout in neutral tones and boasts new carpets, making it ready to move straight into.

One of the standout features of this flat is its share of freehold, offering long-term peace of mind and security. As part of the sale process the lease will also be extended. Adding to the practicality, there is access to the loft space, providing ample storage—a rare find in properties of this type.

The accommodation is bright and airy with an abundance of natural light. There is a large kitchen-diner, with fitted units and integrated appliances (which can remain) offering the ideal space for hosting or day-to-day family life. The main bedroom is spacious and bright, with a second smaller bedroom, perfectly suited as a cot room, or a home office for remote working.

In addition to being completely redecorated and having new carpets, the flat roof was completely renewed in 2021, and a new Worcester Bosch boiler was fitted in December 2024 (with a 5 year warranty)
Located on a quiet, residential street yet close to local amenities, transport links, and green spaces, this property truly offers the best of both worlds.

This is a great value starter home as is an ideal first time purchase – call Propertyworld to find out more.

"I enjoyed living at the flat. It was my first place, and was a perfect first time buy. The location is very well connected with both Kent house and Clockhouse as well as the tram. The flat itself is very quiet and the neighbours are extremely quiet and considerate. The area has continued to improve and there are great local amenities, including restaurants, bars, coffee shops and a wide range of shops."

Agent Details

Property World Penge, London

020 3873 6309

Next Steps?

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