2 Bed Flat, Single Let, London, SE19 3HF, £450,000

278B Beulah Hill, Upper Norwood, SE19 3HF - 3 months ago

Leasehold
BTL
~142 m²
+6 photos

ValuationUndervalued

Sold Prices£150K - £761.5K
Sold Prices/m²£2.7K/m² - £8.5K/m²

 

 

Square Metres

~141.96 m²
Price/m²£3.2K/m²

Value Estimate

£549,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£36,200

Total Cash In

£148,700

 

 

Cash Out

 

Rent Range

£1,395 - £3,995

Rent Estimate

£1,500

Running Costs/mo

£1,726

Cashflow/mo

£-226

Cashflow/yr

£-2,715

Gross Yield

4%

Local Sold Prices

50 sold prices from £150K to £761.5K, average is £318.9K. £2.7K/m² to £8.5K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£353K07/210.14 mi48, Queen Mary Road, Upper Norwood, London, Greater London SE19 3NW2
£307.4K06/210.15 mi17, Averil Grove, London, Greater London SW16 3ET2
£150K05/230.21 mi216, Beulah Hill, London, Greater London SE19 3UX2
£250.5K03/230.3 mi91, Marston Way, London, Greater London SE19 3JD2
£360K06/210.31 mi69, Furneaux Avenue, London, Greater London SE27 0EQ2
£310K11/220.32 miFlat 5, Cedars House, Cedar Tree Grove, London, Greater London SE27 0QD2
£295K07/210.33 miFlat 13, Fern Lodge, Crown Lane, London, Greater London SW16 3HY2
£340K01/210.34 miFlat 10, Cork Tree House, Lakeview Road, London, Greater London SE27 0QE2
£400K12/220.36 miFirst Floor Flat, 169, Knights Hill, London, Greater London SE27 0PZ2
£325K12/200.37 miFlat 10, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE2
£307K07/230.37 miFlat 1, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE2
£300K08/230.41 miFlat 6, Blackthorn Court, Leigham Court Road, Streatham, London, Greater London SW16 3QZ2
£310K03/210.41 miFlat 11, Longmead House, Woodvale Walk, London, Greater London SE27 0HE2
£270K02/230.43 mi7, Founders Gardens, Upper Norwood, London, Greater London SE19 3UU2
£380K12/220.46 mi143b, Knights Hill, London, Greater London SE27 0SP2
£452K11/200.46 mi147b, Knights Hill, London, Greater London SE27 0SP2
£315K06/210.47 miFlat 13, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN2
£320K03/230.47 miFlat 28, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN2
£300K02/210.48 miFlat 14, South View Court, The Woodlands, London, Greater London SE19 3EJ2
£385K01/210.48 mi4a, Hermitage Road, London, Greater London SE19 3QR2
£305K11/210.48 mi68, The Woodlands, London, Greater London SE19 3EH2
£305K11/210.48 mi68, The Woodlands, London, Greater London SE19 3EH2
£198.5K01/210.51 mi27, Leaf Grove, London, Greater London SE27 0SG2
£350K12/200.51 mi5, Leaf Grove, London, Greater London SE27 0SG2
£315K03/210.51 miFlat 64, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW2
£297K03/210.51 miFlat 51, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW2
£480K05/210.51 mi148, Casewick Road, London, Greater London SE27 0SZ2
£515K01/210.51 mi154a, Knights Hill, London, Greater London SE27 0SR2
£290K04/210.53 mi98, Priory Crescent, London, Greater London SE19 3EF2
£265K03/230.54 mi28, Priory Crescent, London, Greater London SE19 3EE2
£400K06/230.54 miFlat E, 106, Thornlaw Road, London, Greater London SE27 0SB2
£487.5K11/200.56 mi66, Casewick Road, London, Greater London SE27 0SY2
£250K07/210.61 mi8, Menlo Gardens, London, Greater London SE19 3DU2
£332.5K03/230.62 mi14, Fawcett Close, London, Greater London SW16 2QJ2
£325K01/210.62 mi17, Fawcett Close, London, Greater London SW16 2QJ2
£270K05/230.62 mi7, Fawcett Close, London, Greater London SW16 2QJ2
£325K07/230.62 mi22, Fawcett Close, London, Greater London SW16 2QJ2
£275K01/230.62 mi5, Elder Gardens, London, Greater London SE27 9TJ2
£321.6K02/230.63 mi145, Menlo Gardens, London, Greater London SE19 3DX2
£300K04/210.65 mi15a, Gipsy Road, London, Greater London SE27 9NP2
£520K06/210.67 mi25, St Julians Farm Road, London, Greater London SE27 0RJ2
£550K03/230.69 mi66, Braxted Park, London, Greater London SW16 3AU2
£335K03/210.71 mi24, Spurgeon Road, London, Greater London SE19 3UF2
£317.8K11/200.72 mi19, Deerhurst Road, London, Greater London SW16 2AN2
£761.5K05/210.72 mi29, Streatham Common North, London, Greater London SW16 3HP2
£300K11/220.74 mi62a, Wolfington Road, London, Greater London SE27 0RQ2
£572.5K02/210.74 mi74, Wolfington Road, London, Greater London SE27 0RQ2
£282.5K11/210.74 miFlat B, 79, Thurlestone Road, London, Greater London SE27 0PE2
£440K02/210.75 mi73, Auckland Hill, London, Greater London SE27 9PF2
£455K06/210.76 mi55, Thurlestone Road, London, Greater London SE27 0PE2

Local Rents

49 rents from £1.4K/mo to £4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,50008/240.11 mi-2
£1,50008/240.11 miBeulah Hill, London, SE192
£1,75008/240.13 miQueen Mary Road, London, SE192
£1,39502/240.16 mi-2
£1,80008/240.19 miBeulah Hill2
£2,10008/240.19 miBeulah Hill, LONDON2
£1,65004/250.2 mi-2
£1,80011/240.21 mi-2
£1,90003/250.21 mi-2
£2,60002/250.21 mi-2
£2,60001/250.21 mi-2
£2,27509/240.23 miCROWN LANE, Streatham Common, London, SW162
£1,50002/250.24 mi-2
£1,39504/250.24 mi-2
£1,55009/240.28 mi-2
£1,75008/240.28 mi-2
£1,75009/240.28 mi-2
£1,85008/240.3 miCedar Tree Grove, SE272
£1,55004/250.31 mi-2
£1,97003/250.33 mi-2
£2,10010/240.33 mi-2
£2,00004/250.33 mi-2
£1,90001/250.34 mi-2
£1,90008/240.34 miCedar Tree Grove, London2
£1,80004/250.36 mi-2
£1,60004/250.37 mi-2
£3,99508/240.38 mi-2
£1,75010/240.41 mi-2
£1,80004/250.42 mi-2
£1,80004/250.45 mi-2
£2,00008/240.46 miKnights Hill London SE272
£1,95004/250.46 mi-2
£1,90004/250.46 mi-2
£1,75009/240.46 mi-2
£1,85009/240.46 mi-2
£1,85012/240.46 mi-2
£2,20002/250.46 mi-2
£1,80009/240.46 miLeigham Court Road, Streatham, London, SW162
£1,95009/240.46 miBenhurst Court, Streatham, London, SW162
£2,10001/250.47 mi-2
£1,70012/240.47 mi-2
£2,00008/240.48 miLadas Road West Norwood SE272
£2,50004/250.48 mi-2
£1,70004/250.49 mi-2
£1,65004/250.5 mi-2
£2,00012/240.51 mi-2
£1,85011/240.51 mi-2
£2,00012/240.52 mi-2
£2,20009/240.54 mi-2

Local Area Statistics

Population in SE19

27,638

Population in London

4,771,921

Town centre distance

7.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £450,000

March 16, 2025

Listed for £475,000

January 28, 2025

Floor Plans

Description

  • IMMACULATELY PRESENTED THROUGHOUT +
  • TWO BEDROOMS +
  • BRIGHT AND AIRY +
  • GARDEN WITH SOLE USE +
  • MODERN FINNISH +
  • CENTRAL LOCATION +
  • DOUBLE GLAZED WINDOWS +
  • GAS CENTRAL HEATING +
  • 0.9 MILES FROM WEST NORWOOD STATION +
  • (DISTANCES ESTIMATED VIA GOOGLE MAPS) +

Galloways are pleased to offer this stunning two-bedroom first-floor conversion flat. The property has been kept to an impeccable standard throughout and is positioned within easy reach of West Norwood, Streatham, and Crystal Palace High Streets offering an array of restaurants, shops, bars markets, and leisure facilities. Beulah Hill has great bus links allowing easy travel and access to local overground stations giving easy access into Central London.

The property comprises; a bright and airy reception room allowing ample space for a dining area, a modern fitted kitchen, a master bedroom with built-in storage, a further single bedroom, and a family bathroom. The property also benefits from a generous-sized garden with sole use. Immediate viewing is recommended.

Lambeth Council
Council Tax Band C £2,104.00pa
Tenure: Leasehold
Remaining Lease Term: 94 years. 120 years from 25th October 1999.
Ground Rent: £10.00pa
Service Charges: £260.00pa

The vendor has provided the above information in good faith. Galloways have not yet had this information verified. Any buyer should seek their own independent legal advice before proceeding.

Safeguarding Your Information
Important information regarding cybercrime. It has come to our attention that computer hackers are seeking to target property transactions to access funds. As we understand it, they will either hack a phone, tablet, or PC, maybe by sending out a random email that mistakenly gets opened, or even whilst opening a website, which gives them access to that machine. The reason for us mentioning this to you is to alert you that once they have gained access, they can monitor email correspondence, without you knowing, throughout a transaction. Then, at a relevant point, e.g. just before the exchange of contracts, they can send an email to a client mirroring that of their solicitor asking for funds to be transferred to a certain bank account. That money then, of course, disappears. Fortunately, we have not had such an instance but, feel it important to highlight the fact that if you do receive an email requesting funds, it is worth checking with the person concerned by phone that it is genuine and the bank details are correct, before sending money. This could, of course, affect other areas of finance beyond the property. Solicitors are starting to highlight this point now, but for safety, we would urge you to be vigilant and check before sending money or passing on any personal details regarding any bank or credit card information.
The Property Misdescriptions Act 1991
These particulars are set out as a general outline in accordance with the Property Misdescriptions Act (1991) only for the guidance of intending purchasers or lessees and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans, and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Gardens, roof terraces, balconies as well as tenure and lease details cannot have their accuracy guaranteed for intending purchasers. Lease details, service charge, ground rent are given as a guide only and should be checked and confirmed by your solicitor. No person in the employment of Galloways has any authority to make any representation or warranty in relation to this property. Purchase prices, rents, or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT.
Data Protection
We retain the copyright in all advertising material used to market this Property.
Disclosure of Referral Fees
As well as your obligation to pay Galloway's commission or fees where applicable we may also receive a commission, payment, fee, or other reward or other benefits (known as a Referral Fee) from ancillary service providers for recommending their service to you. We believe you may benefit from using the services of our solicitors, independent financial advisors, Galloways Concierge and surveyors, the Providers, who are known as Lewis Nedas Law, Setfords Solicitors, Emin Read solicitors, Taylor Rose Solicitors, Just Move In, Eternity Financial Services and Reliable Surveyors, MAP Surveyors. Galloways always refer sellers and purchasers to Lewis Nedas Law, Setfords solicitors, Emin Read and Taylor Rose solicitors. It is your decision whether you choose to deal with the named companies. Should you decide to use Lewis Nedas Law, Setfords solicitors, Emid Read solicitors or Taylor Rose solicitors you should know that we would receive a referral fee of £180.00 inc VAT from them for recommending you to them. Galloways routinely refer all potential purchasers and vendors to Eternity Financial Services. It is your decision whether you choose to deal with Eternity Financial Services. In making that decision, you should know that we receive benefits from Eternity Financial Services. The amount depends on the property value and level of mortgage. A share of this fee is received by Galloways, the details of which are available upon request.
Galloways offer all of our customers the opportunity to use the services of Reliable surveyor and MAP surveyors. It is your decision whether you choose to deal with Reliable surveyors or MAP surveyors. You should know that Galloways receives a referral fee of £50.00 inc VAT from Reliable surveyors or MAP Surveyors for recommending you to them. You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee. The Referral fee is separate from your obligation to pay our own fees or commission.
TENANT FEE INFORMATION
Applicable to all new assured shorthold Tenancies (ASTs) signed on or after 1st June 2019
Holding Deposit: Capped at One weeks rent
Paid by you to reserve the Property. This will only be retained by us if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days.
Deposit:
Capped at 5 weeks rent where the annual rent is under £50,000 and 6 weeks rent where the annual rent is £50,000 or higher.
This will cover damages and defaults by the tenant as detailed in the AST during the tenancy.
Late payment of Rent:
Interest will be charged at 3% above the Bank of England Base Rate from Rent Due date until paid in full. This will not be levied until the rent is more than 14 days in arrears with the interest calculated back from the first day of the arrears.
Lost Keys or security devices:
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
Variation or changes to an existing tenancy agreement:
£50.00 (inc. VAT) per change.

This charge will cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents. This also covers costs in change of sharer situations and covers the landlord's costs in securing a new sharing and associated legal requirements in processing that new sharers application.
Early Termination as requested by Tenant:
Should you wish to leave the property before the end of your tenancy agreement, and should the landlord agree to this, then you will be liable to cover the landlord's costs of re-letting the property as well as any rent due under the terms of your tenancy agreement up until the point the replacement tenancy commences.
Utility Payments:
Tenants will remain responsible, unless agreed otherwise, for all utility payments, TV licence and Council Tax accounts. Please refer to your AST for full information.
Galloways are registered members of Propertymark (ARLA & NAEA), TPO (The Property Ombudsman), and CMP Client Money Protection is in place.

Agent Details

Galloways, West Norwood

020 3870 2926

Next Steps?

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