3 Bed Semi-Detached House, Single Let, London, SE15 6ND, £320,000

Colegrove Road, London, SE15 6ND - 4 views - 3 months ago

Auction
BTL
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£317K - £2.1M
Sold Prices/m²£3.7K/m² - £14.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£500,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£100,700

 

 

Cash Out

 

Rent Range

£1,800 - £6,500

Rent Estimate

£2,013

Running Costs/mo

£1,423

Cashflow/mo

£590

Cashflow/yr

£7,085

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £317K to £2.1M, average is £760K. £3.7K/m² to £14.4K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£317K06/230.12 mi46a, Bird In Bush Road, London, Greater London SE15 6RW3
£670K06/210.31 mi2, Grenard Close, London, Greater London SE15 5GZ3
£891.3K07/230.35 mi30, Elcot Avenue, London, Greater London SE15 1QD3
£370K01/230.35 mi67, Ethnard Road, London, Greater London SE15 1SB3
£780K06/230.36 mi32, Furley Road, London, Greater London SE15 5UQ3
£875K12/220.39 mi25, Lynbrook Grove, London, Greater London SE15 6HN3
£640K03/210.39 mi1, Marmont Road, London, Greater London SE15 5TD3
£710K05/230.4 mi40, Kelly Avenue, London, Greater London SE15 5LL3
£725K05/230.4 mi34, Nutcroft Road, London, Greater London SE15 1AF3
£600K03/210.42 mi37, Nutcroft Road, London, Greater London SE15 1AG3
£725K02/210.43 mi1a, Pennethorne Road, London, Greater London SE15 5TH3
£575K02/210.46 mi16, Culloden Close, London, Greater London SE16 3JH3
£660K10/200.46 mi9, Culloden Close, London, Greater London SE16 3JH3
£690K07/240.47 mi286, St James's Road, London, Greater London SE1 5JX3
£791.4K11/210.48 mi125, Coleman Road, London, Greater London SE5 7TF3
£780K01/230.52 mi78, Coleman Road, London, Greater London SE5 7TG3
£880K06/210.53 mi38, Studholme Street, London, Greater London SE15 1DD3
£645K06/210.54 mi17, Rainbow Street, London, Greater London SE5 7TB3
£965K12/220.55 mi2, Talfourd Road, London, Greater London SE15 5NY3
£750K11/200.56 mi10, Rainbow Street, London, Greater London SE5 7TD3
£825K01/210.56 mi32, Rainbow Street, London, Greater London SE5 7TD3
£442.5K07/210.56 mi126, Sedgmoor Place, London, Greater London SE5 7RT3
£660K02/210.56 mi20, Asylum Road, London, Greater London SE15 2RL3
£615K12/200.58 mi94, Mina Road, London, Greater London SE17 2QS3
£820K06/210.58 mi89, Mina Road, London, Greater London SE17 2QS3
£770K11/200.59 mi135, Wells Way, London, Greater London SE5 7SZ3
£705K09/220.61 mi43, Cadet Drive, London, Greater London SE1 5RU3
£727K04/230.62 mi2, Ada Road, London, Greater London SE5 7RW3
£1.0M06/210.64 mi156, Lynton Road, London, Greater London SE1 5RB3
£810K06/230.65 mi19, Clifton Crescent, London, Greater London SE15 2RX3
£785K04/210.65 mi17, Clifton Crescent, London, Greater London SE15 2RX3
£800K03/210.65 mi39, Clifton Crescent, London, Greater London SE15 2RX3
£800K06/210.65 mi12, Clifton Crescent, London, Greater London SE15 2RX3
£750K06/210.66 mi155, Lynton Road, London, Greater London SE1 5QX3
£745K09/210.66 mi157, Lynton Road, London, Greater London SE1 5QX3
£815K01/210.66 mi6, Oliver Mews, London, Greater London SE15 5AZ3
£2.1M11/200.66 mi31, Highshore Road, London, Greater London SE15 5AF3
£1.6M01/210.66 mi118, Asylum Road, London, Greater London SE15 2LW3
£1.3M11/210.66 mi17, Denman Road, London, Greater London SE15 5NS3
£922K12/200.66 mi75, Denman Road, London, Greater London SE15 5NS3
£1.4M06/220.67 mi82, Lyndhurst Way, London, Greater London SE15 5AP3
£900K01/210.67 mi14, Bushey Hill Road, London, Greater London SE5 8QJ3
£461K03/230.68 mi54, Kings Grove, London, Greater London SE15 2NB3
£575K05/230.68 mi1, William Margrie Close, London, Greater London SE15 5HF3
£675K03/210.69 mi90, Consort Road, London, Greater London SE15 2PH3
£1.0M03/210.69 mi128, Fort Road, London, Greater London SE1 5PT3
£675K05/210.69 mi60, Monnow Road, London, Greater London SE1 5RQ3
£1.1M11/220.7 mi39, Alma Grove, London, Greater London SE1 5QB3
£872K08/230.72 mi55, Elm Grove, London, Greater London SE15 5DB3
£650K01/240.72 mi184, Simms Road, London, Greater London SE1 5QJ3

Local Rents

49 rents from £1.8K/mo to £6.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50008/240.14 miAlder House, SE153
£2,40008/240.14 miAlder House, London, SE153
£2,40008/240.14 miAlder Close, Alder Close3
£2,40008/240.14 mi-3
£2,40008/240.14 miAlder Close Peckham SE153
£2,57501/250.14 mi-3
£2,10008/240.17 miDaniel Gardens, London, SE153
£2,54808/240.17 miHaymerle Road, London3
£2,60010/230.19 miLindley Estate, London, SE153
£2,40011/240.22 mi-3
£2,80011/240.22 mi-3
£1,80011/230.24 miMilbrook House, Frensham Street, Off Peckham Park Road, SE253
£2,39608/240.26 miFriary Estate, London3
£2,35008/240.26 miWestonbirt Court, SE153
£3,00001/250.29 mi-3
£3,25003/250.29 mi-3
£2,25009/240.3 miBibury Close, London, SE153
£2,39608/240.32 miPeckham Park Road, London, SE153
£2,35001/250.33 mi-3
£2,40004/250.33 mi-3
£2,70012/240.33 mi-3
£2,50010/240.36 mi-3
£2,45011/240.36 mi-3
£2,80001/250.36 mi-3
£3,40008/240.36 miTrafalgar Avenue, Peckham, London, SE153
£1,85008/240.36 miCobourg Road Camberwell SE53
£1,95012/240.36 mi-3
£2,50008/240.37 miCommercial Way Peckham SE153
£5,50008/240.38 miPeckham Hill3
£6,00008/240.38 miPeckham Hill Street, Peckham, SE153
£6,50008/240.38 miPeckham Hill Street, SE153
£3,01208/240.39 miTower Mill Road, London3
£3,00008/240.4 miPennethorne Road, Peckham3
£2,80008/240.42 miPennethorne Road, Peckham3
£3,40008/240.42 miBermondsey, London, SE163
£3,40002/240.42 mi-3
£2,95008/240.44 mi-3
£2,40004/250.44 mi-3
£3,50008/240.44 miPeckham Grove Peckham SE153
£2,75008/240.45 miGeldart Road London SE153
£2,00009/240.45 mi-3
£2,30002/250.46 mi-3
£2,64010/230.47 miPeckham High Road, SE153
£3,60012/240.48 miRotherhithe New Road, South Bermondsey, London, SE163
£3,20008/240.48 miBloom House, 389 Rotherhithe New Road, London, SE163
£2,60004/250.48 mi-3
£2,50008/240.48 miLyndhurst Way, London3
£2,30008/240.48 miFortune Place, London3
£2,90012/240.49 miRotherhithe New Road London SE163

Local Area Statistics

Population in SE15

63,647

Population in London

4,771,921

Town centre distance

3.60 miles away

Nearest school

0.10 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £320,000

February 21, 2025

Listed for £400,000

January 27, 2025

Description

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than two working days from the bidding closing time.  +
  • This listing is provided in association with Foxtons, London's leading estate agent. +
  • Charming three bedroom terraced house spread over three floors +
  • Bright and spacious reception room +
  • Modern open-plan kitchen +
  • Delightful private garden +
  • Easy access to large open green space +
  • Gross internal floor area is approximately 743 Sq Ft (69.03 Sq M) +
  • Online Auction on Thursday, 27 February 2025 +

Arranged over three floors, this charming three bedroom terraced house boasts spacious reception room with modern open-plan kitchen, access to a delightful private garden and three sizable bedrooms. Additional Comments BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons. Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams. Subject to confirmation This means the buyer is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.

Location:
Located in the residential area of Peckham, this property offers peaceful and friendly environment and easy access to large open green space with shops and restaurants short walk away.

Accomodation:
Ground floor: reception room, kitchen, WC, garden.
First floor: two bedrooms, shower room.
Second floor: bedroom.

Online Auction on Thursday, 27 February 2025. For further information, such as legal documents and property information, please visit bidx1.com.

Agent Details

BidX1, London

020 3910 6202

Next Steps?

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