2 Bed Flat, Single Let, London, SE21 8QF, £275,000

Kingswood Estate, Sawyer House Kingswood Estate, SE21 8QF - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~60 m²
+6 photos

ValuationUndervalued

Sold Prices£280K - £1.1M
Sold Prices/m²£4.4K/m² - £9.9K/m²

 

 

Square Metres

~60.10 m²
Price/m²£4.6K/m²

Value Estimate

£335,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£1,550 - £3,500

Rent Estimate

£1,600

Running Costs/mo

£1,199

Cashflow/mo

£401

Cashflow/yr

£4,808

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £280K to £1.1M, average is £463.5K. £4.4K/m² to £9.9K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£700K02/230.12 mi7, Baird Gardens, Dulwich, London, Greater London SE19 1HJ2
£725K06/210.13 mi4, Baird Gardens, London, Greater London SE19 1HJ2
£600K01/210.13 mi28, Baird Gardens, London, Greater London SE19 1HJ2
£345K02/230.16 mi65, Rusholme Grove, London, Greater London SE19 1HZ2
£475K01/210.19 miFlat 33, Glenhurst Court, Farquhar Road, London, Greater London SE19 1SR2
£367.7K07/230.22 miFlat 3, Oakdene, Oaks Avenue, London, Greater London SE19 1RB2
£460K10/200.22 miFlat 18, Knoll Court, Farquhar Road, London, Greater London SE19 1SP2
£470K06/210.22 miFlat 10, Knoll Court, Farquhar Road, London, Greater London SE19 1SP2
£485K04/230.22 miFlat 18, Knoll Court, Farquhar Road, London, Greater London SE19 1SP2
£1.0M06/210.23 mi3, Chestnut Place, London, Greater London SE26 6RW2
£390K08/230.24 miFlat 3, Hillview Court, Oaks Avenue, London, Greater London SE19 1QX2
£450K06/230.24 miFlat 34, Raleigh Court, Lymer Avenue, London, Greater London SE19 1LS2
£570K01/230.25 mi92, Great Brownings, Dulwich, London, Greater London SE21 7HR2
£470K06/210.26 miFlat 20, Marlowe Court, Lymer Avenue, London, Greater London SE19 1LP2
£546K05/230.27 miFirst Floor Flat, 85, Gipsy Hill, London, Greater London SE19 1QL2
£457K01/210.27 miFlat 6, Grenville Court, Lymer Avenue, London, Greater London SE19 1LR2
£471.4K05/230.28 miFlat 22, Drake Court, Tylney Avenue, London, Greater London SE19 1LW2
£472K10/200.29 mi211a, Gipsy Road, London, Greater London SE27 9QY2
£305K09/210.32 mi28, Wavel Place, London, Greater London SE26 6SF2
£430K10/200.35 miUpper Flat, 20, Rommany Road, London, Greater London SE27 9PX2
£625K08/230.37 miFlat 38, Stonehills Court, College Road, London, Greater London SE21 7LZ2
£520K05/210.38 mi37, Alexandra Drive, London, Greater London SE19 1AW2
£467K02/210.42 miFlat 2, Emmanuel House, South Croxted Road, London, Greater London SE21 8BE2
£625K04/210.43 mi35, Whiteley Road, London, Greater London SE19 1JU2
£380K06/230.43 mi55b, Whiteley Road, London, Greater London SE19 1JU2
£635K09/230.45 mi66, College Road, London, Greater London SE21 7LY2
£315K08/210.46 miFlat 10, Compton Court, Victoria Crescent, London, Greater London SE19 1AF2
£315K08/210.46 miFlat 10, Compton Court, Victoria Crescent, London, Greater London SE19 1AF2
£380K02/210.46 miFlat 42, Highlands Court, Highland Road, London, Greater London SE19 1DS2
£300K06/210.46 miFlat 18, Compton Court, Victoria Crescent, London, Greater London SE19 1AF2
£355K07/210.46 miFlat 59, Highlands Court, Highland Road, London, Greater London SE19 1DS2
£430K02/210.46 miFlat B, 60, South Croxted Road, London, Greater London SE21 8BD2
£752.2K12/200.46 mi56a, South Croxted Road, London, Greater London SE21 8BD2
£602.5K01/230.47 mi99, South Croxted Road, London, Greater London SE21 8BA2
£400K11/210.48 miFlat 15, Highlands Court, Highland Road, London, Greater London SE19 1DR2
£387.5K04/210.48 miFlat 4, Highlands Court, Highland Road, London, Greater London SE19 1DR2
£300K03/210.48 miFlat 16, Jean Humbert House, Carnac Street, London, Greater London SE27 9RS2
£600K01/230.48 mi6a, Woodland Hill, London, Greater London SE19 1NY2
£405K07/230.49 miFirst Floor Flat, 180, Gipsy Road, London, Greater London SE27 9RE2
£280K12/200.49 miFlat 15, Clevedon Court, Clive Road, London, Greater London SE21 8BT2
£417.5K03/210.52 miFlat 8, Harrogate Court, Droitwich Close, London, Greater London SE26 6TL2
£605K11/210.52 mi156, Clive Road, London, Greater London SE21 8BP2
£455.5K04/230.52 mi164b, Clive Road, London, Greater London SE21 8BP2
£625K06/210.52 miGround Floor Flat, 124, Clive Road, London, Greater London SE21 8BP2
£580K02/230.52 mi126, Clive Road, London, Greater London SE21 8BP2
£421K11/200.52 mi21a, Carnac Street, London, Greater London SE27 9RR2
£397K05/230.52 miGround Floor Flat, 23, Carnac Street, London, Greater London SE27 9RR2
£720K02/230.52 miFlat 17, Gainsborough Court, College Road, London, Greater London SE21 7LT2
£440K10/210.53 mi48, Victoria Crescent, London, Greater London SE19 1AE2
£1.1M01/210.54 mi26, Gipsy Hill, London, Greater London SE19 1NL2

Local Rents

48 rents from £1.6K/mo to £3.5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,20011/240.02 mi-2
£1,70003/250.06 mi-2
£1,95012/240.06 mi-2
£1,75008/240.11 miKingswood Estate, East Dulwich2
£1,90002/250.13 mi-2
£1,90002/250.19 mi-2
£1,70008/240.23 miOaks Avenue, London, SE192
£1,95002/250.23 mi-2
£2,10001/250.24 mi-2
£1,80002/250.25 mi-2
£2,20008/240.25 miSydenham Hill London SE262
£1,85008/240.26 miSydenham,London,SE26 6SH2
£1,60008/240.26 miGipsy Road, London2
£3,50002/240.27 mi-2
£2,70008/240.27 mi-2
£2,10009/240.27 mi-2
£1,75008/240.27 miKingswood Estate, West Dulwich, London, SE212
£1,75008/240.27 miGrenville Court, Lymer Avenue, London, SE192
£2,00009/240.27 mi-2
£1,95008/240.27 miGrenville Court, London, SE192
£1,90008/240.28 miHamilton Road2
£1,75008/240.28 miKingswood Estate London SE212
£2,05008/240.28 miColby Mews, London, SE192
£2,60001/250.28 mi-2
£1,80008/240.3 miHamilton Road, West Norwood2
£1,60012/240.3 mi-2
£1,60008/240.3 miGipsy Road, London, SE272
£2,09508/240.31 miGreat Brownings, London, SE212
£1,80002/240.32 mi-2
£2,30008/240.32 miWavel Place, LONDON2
£2,30002/240.32 mi-2
£2,20008/240.32 mi-2
£2,40008/240.33 miGrange Court, London, SE262
£2,40009/240.33 mi-2
£2,30008/240.33 mi-2
£2,30008/240.33 mi-2
£1,95008/240.33 mi-2
£2,17508/240.33 mi-2
£1,75008/240.33 miSydenham Hill, London, SE262
£1,80008/240.34 miHamilton Road, London, SE272
£1,75008/240.35 miSydenham Hill Sydenham SE262
£2,00008/240.37 miBecondale Road, London, SE192
£1,85003/250.37 mi-2
£1,85008/240.37 miClive Road, West Dulwich, London, SE212
£1,70008/240.37 miClive Road, West Dulwich, London, SE212
£1,85008/240.38 miAlexdanra Drive SE192
£1,70008/240.38 miAlexandra Drive, Upper Norwood, London, SE192
£1,55008/240.4 miWestwood Hill, Sydenham, SE262

Local Area Statistics

Population in SE21

15,257

Population in London

4,771,921

Town centre distance

6.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-34%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £275,000

January 26, 2025

Floor Plans

Description

  • Chain Free +
  • South Facing +
  • Close To Sydenham Hill Station +
  • Private Balcony +
  • Fourth Floor +
  • Immersive 3D Virtual Tour Available +
  • Book Your Viewing Instantly, ONline 24/7! +

A generously proportioned two-bedroom fourth-floor flat with a balcony, a long lease of 101 years, great light and wonderful views. Situated in a low-rise block on a quiet estate convenient for Dulwich, Gipsy Hill & Crystal Palace. Conveniently located for Sydenham Hill Station, which is only 0.3 mi (or a 6 min walk according to Google Maps), which offers a quick link into Victoria, taking only 15 mins it passes Brixton & Herne Hill, great for nights out as well as commuting into town. The flat has a fantastic distribution of space, offering a decent-sized kitchen, a separate reception room and two bright east-facing bedrooms which get the morning light. The reception and balcony are at the back of the flat and have a pretty view towards Crystal Palace, taking in the tower at Crystal Palace Park. The kitchen is adjacent to the reception at the front of the flat and provides an opportunity to add value to the flat, as does the bathroom. It is worth noting a small investment in the flat’s interior would add significant value, and there have been a number of sales on the estate for flats in similar condition that have sold north of £300,000 and those with nice interiors have fetched up to £340,000. The flat has… A current lease of 101 years.  A service charge of £1690 PA £10 PA ground rent The development has recently undergone extensive work, with our client having settled their share of these works, these works occur approx. every two decades and were just completed last year. Location-wise, the flat is 0.3 mi from Sydenham Hill Station, which has a direct link to Victoria, as mentioned it passes via West Dulwich, Herne Hill & Brixton. Gipsy Hill Station is 0.7 mi away and offers a service to both London Bridge & Victoria. Sydenham Woods are nearby, which is a fanatically charming place for a walk, featuring some ancient woodland and Victorian gardens it’s a beautiful place to stretch your legs. For even more green space, Crystal Palace Park is approx. half a mile away and offers 200 acres of listed parkland to enjoy. The vibrant Crystal Palace Triangle is just under a mile away, offering an array of trendy cafes, great coffee shops, commendable restaurants, boutiques, galleries, and vintage furniture shops. Dulwich Village & Dulwich Park are also close by and the villagey feeling part of S Croxted Rd with its handy shops and delis are also within a short walk, as is the popular Rosendale Pub which offers great food and plenty of outdoor space to enjoy a drink. 

EPC Rating: E

Agent Details

Expose, covering Crystal Palace

020 3840 3826

Next Steps?

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