2 Bed Terraced House, Refurb/BRRR, London, SE4 2AT, £575,000

Howson Road, Brockley, SE4 2AT - 4 views - 2 months ago

Under Offer
Refurb/BRRR
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£350K - £1.7M
Sold Prices/m²£4.4K/m² - £10K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.4K/m²

Value Estimate

£488,750

 

 

End Value (After Refurb)

£489,645

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£36,106

Bridging Loan Interest

£15,094

Total Cash In

£231,400

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£489,645

Mortgage (After Refinance)

£367,234

Mortgage LTV

75%

Cash Left In

£231,400

Equity

£122,411

Rent Range

£1,500 - £2,850

Rent Estimate

£1,979

Running Costs/mo

£1,946

Cashflow/mo

£33

Cashflow/yr

£397

ROI

0%

Gross Yield

4%

Local Sold Prices

50 sold prices from £350K to £1.7M, average is £579K. £4.4K/m² to £10K/m², average is £8.3K/m².

PriceDateDistanceAddressBeds 
£672.5K06/210.08 mi50a, Kneller Road, London, Greater London SE4 2AP2
£615K03/210.12 mi13, St Norbert Green, London, Greater London SE4 2HD2
£705K06/210.2 mi107, Arica Road, London, Greater London SE4 2PS2
£652.5K03/230.22 mi33, Arica Road, London, Greater London SE4 2PY2
£700K06/210.24 mi34, Arica Road, London, Greater London SE4 2PX2
£490K12/200.32 mi16, Reynard Close, London, Greater London SE4 2DF2
£415K01/210.32 mi23, Pincott Place, London, Greater London SE4 2ER2
£455K02/210.32 mi13, Pincott Place, Brockley, London, Greater London SE4 2ER2
£650K12/200.33 mi18, Buckthorne Road, London, Greater London SE4 2DB2
£530K06/210.33 mi18, Foxwell Mews, London, Greater London SE4 2EP2
£500K01/210.33 mi8, Foxwell Mews, London, Greater London SE4 2EP2
£355K01/210.34 mi17, Bircham Path, London, Greater London SE4 2HY2
£653K02/230.35 mi37a, Merritt Road, London, Greater London SE4 1DT2
£544.5K04/230.38 mi78, Merritt Road, London, Greater London SE4 1DX2
£580K09/210.43 mi20, Cypress Gardens, London, Greater London SE4 2FB2
£490K10/200.44 mi5, Cypress Gardens, London, Greater London SE4 2FB2
£830K02/230.46 mi85, Harefield Road, London, Greater London SE4 1LU2
£730.5K10/220.53 mi25, Rye Road, London, Greater London SE15 3AX2
£795K06/210.53 mi4, Sartor Road, London, Greater London SE15 3BB2
£550K05/230.54 mi40b, Wallbutton Road, London, Greater London SE4 2NX2
£645K06/210.56 mi60, Surrey Road, London, Greater London SE15 3AT2
£490K08/220.57 mi44f, Wickham Road, Brockley, London, Greater London SE4 1NZ2
£1.7M07/210.58 mi5, Tressillian Crescent, London, Greater London SE4 1QJ2
£440K12/220.59 mi44b, Ivydale Road, London, Greater London SE15 3BS2
£692.5K04/210.59 mi10, Hichisson Road, London, Greater London SE15 3AL2
£515K12/200.6 mi5, Tack Mews, London, Greater London SE4 1XS2
£508K07/230.6 mi1, Tack Mews, London, Greater London SE4 1XS2
£590K01/230.65 mi39d, Tressillian Road, London, Greater London SE4 1YG2
£680K12/220.65 mi93, Crofton Park Road, London, Greater London SE4 1AJ2
£601K07/220.65 mi11a, Drakefell Road, Brockley, London, Greater London SE14 5SL2
£440K03/210.66 mi7, Sinclair Place, London, Greater London SE4 1RS2
£607.5K07/230.66 mi45, Ewhurst Road, London, Greater London SE4 1AG2
£515K11/200.68 mi53, Beacon Gate, London, Greater London SE14 5UB2
£679.3K11/200.68 mi58, Ewhurst Road, London, Greater London SE4 1AQ2
£502.5K03/210.68 mi52, Beacon Gate, London, Greater London SE14 5UB2
£590K06/210.69 mi111, Crofton Park Road, London, Greater London SE4 1AJ2
£637K04/210.69 mi141, Crofton Park Road, London, Greater London SE4 1AJ2
£624K06/210.69 mi99, Crofton Park Road, London, Greater London SE4 1AJ2
£675K06/210.7 mi6, Oakdale Road, London, Greater London SE15 3BW2
£704K12/220.7 mi61, Bexhill Road, London, Greater London SE4 1SJ2
£575K09/230.71 mi56a, Vicars Hill, London, Greater London SE13 7JL2
£578K01/210.71 mi5, Elmhurst Villas, London, Greater London SE15 3AE2
£485K11/200.73 mi20, Dressington Avenue, London, Greater London SE4 1JG2
£350K04/230.74 mi7, Tremaine Close, London, Greater London SE4 1YF2
£528K10/200.74 mi12, Tremaine Close, London, Greater London SE4 1YF2
£500K07/210.77 mi7, Malyons Terrace, London, Greater London SE13 7XJ2
£472.5K03/210.78 mi161, Barset Road, London, Greater London SE15 3HE2
£535K06/220.78 mi8, Brookbank Road, London, Greater London SE13 7BT2
£518K04/220.8 mi89, Codrington Hill, London, Greater London SE23 1LR2
£675K01/230.81 mi109, Embleton Road, London, Greater London SE13 7DQ2

Local Rents

49 rents from £1.5K/mo to £2.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,97508/240.1 mi-2
£1,97503/250.1 mi-2
£1,85008/240.11 miHowson Road, London, SE4 2BB2
£1,85008/240.11 miComerford Road 2
£1,85008/240.11 miComerford Road, London, SE42
£1,85008/240.11 miArabin Road, Brockley, London, SE42
£2,00008/240.14 miComerford Road, Brockley. London, SE42
£1,50008/240.15 miSkipton House, SE42
£2,00008/240.17 miDalrymple Road London SE42
£2,00008/240.17 miDalrymple Road London SE42
£2,00002/250.18 mi-2
£2,45009/240.19 mi-2
£2,20003/250.19 mi-2
£2,45008/240.2 miArica Road London SE42
£1,65008/240.21 miBrockley Road London SE42
£1,70008/240.22 mi-2
£1,90008/240.24 miBrockill Crescent, Brockley2
£1,75008/240.25 miCrofton Gate Way, London, SE42
£1,60003/250.25 mi-2
£1,60008/240.25 mi-2
£1,70001/250.25 mi-2
£2,20002/250.25 mi-2
£1,75012/240.25 mi-2
£1,75008/240.25 miSt. Margarets Road, Brockley2
£2,30003/250.27 mi-2
£2,25008/240.28 miFinland Road Brockley SE42
£1,80003/250.28 mi-2
£2,10002/240.3 mi-2
£1,70008/240.3 miJasmin House, SE42
£1,90008/240.31 miBrockley Road, Brockley2
£2,00002/250.31 mi-2
£2,00008/240.32 miBreakspears Road, London, SE42
£2,00001/250.32 mi-2
£1,95001/250.32 mi-2
£2,20008/240.32 miAdelaide Avenue, Brockley2
£1,85008/240.33 mi-2
£1,85008/240.33 miTop Floor, London, SE42
£2,80002/240.33 mi-2
£2,85001/250.33 mi-2
£1,85008/240.33 miDundalk Road, London, SE42
£2,00008/240.33 miFoxwell Mews Brockley SE42
£2,00008/240.33 miFoxwell Mews SE42
£2,05008/240.34 miMantle Road, London, SE42
£2,05008/240.34 miMantle Road London SE42
£2,00008/240.34 miMantle Road London SE42
£2,00008/240.34 mi4 Mantle Road London SE42
£2,00008/240.34 miBreakspears Road, Brockley, London, SE42
£2,20001/250.35 mi-2
£1,80003/250.35 mi-2

Local Area Statistics

Population in SE4

28,595

Population in London

4,771,921

Town centre distance

5.54 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £575,000

January 27, 2025

Floor Plans

Description

  • Freehold +
  • Two bedroom terrace house +
  • Garage to rear +
  • Requires modernisation +
  • Large reception room +
  • Short walk to Brockley Station +
  • 853 sq ft / 79.1 sq m +
  • EPC rating D +

Guide Price £575,000 to £625,000. Located conveniently for use of Brockley and Crofton Park Stations, present this mid century two bedroom terrace house, with own private garage to the rear and west facing garden. Available chain free.
Council Tax Band: D
Tenure: Freehold

Council tax and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

Agent Details

Kinleigh Folkard & Hayward - Sales, Brockley

020 3872 0011

Next Steps?

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