3 Bed Flat, Planning Permission, Beckenham, BR3 3JE, £699,950

Ernest Close, Beckenham, BR3 3JE - 2 views - 2 months ago

Sold STC
Planning
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£100K - £800K
Sold Prices/m²£3K/m² - £8.9K/m²

 

 

Square Metres

~93 m²
Price/m²£7.5K/m²

Value Estimate

£478,721

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£174,988

Stamp Duty & Legal Fees

£44,696

Total Cash In

£219,684

 

 

Cash Out

 

Rent Range

£2,000 - £3,818

Rent Estimate

£2,050

Running Costs/mo

£2,617

Cashflow/mo

£-567

Cashflow/yr

£-6,808

Gross Yield

4%

Local Sold Prices

38 sold prices from £100K to £800K, average is £420K. £3K/m² to £8.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£350K06/210.52 mi153a, Croydon Road, Beckenham, Greater London BR3 3QH3
£800K09/210.76 miFlat 6, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£766.3K02/210.76 miFlat 3, Aaron Court, Kelsey Park Avenue, Beckenham, Greater London BR3 6UN3
£400K05/211.03 mi10, Rectory Green, Beckenham, Greater London BR3 4HX3
£550K02/231.16 miFlat 1, Wonham Court, The Knoll, Beckenham, Greater London BR3 5JR3
£294K11/201.22 miFlat 6, Curtis House, Dixon Place, West Wickham, Greater London BR4 9PL3
£535K03/231.22 mi97, Birkbeck Road, Beckenham, Greater London BR3 4SW3
£437.5K10/221.24 miFlat 23, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£340K10/201.24 miFlat 7, Riverside Walk, The Alders, West Wickham, Greater London BR4 9PZ3
£420K09/211.25 miFlat 4, Red Lodge Court, Pickhurst Rise, West Wickham, Greater London BR4 0AJ3
£435K09/231.39 mi48, Marlow Road, Anerley, London, Greater London SE20 7UZ3
£625K06/211.43 miFlat 5, Foxgrove House, Foxgrove Road, Beckenham, Greater London BR3 5AR3
£234.2K03/211.44 miFlat 25, Deverill Court, Avenue Road, London, Greater London SE20 7RZ3
£425K11/201.47 mi27a, Worbeck Road, London, Greater London SE20 7SW3
£390K01/211.49 mi12a, Tremaine Road, London, Greater London SE20 7TZ3
£420K04/211.49 mi6a, Tremaine Road, London, Greater London SE20 7TZ3
£450K09/211.49 mi12, Tremaine Road, London, Greater London SE20 7TZ3
£408.3K03/211.5 mi46, Samos Road, London, Greater London SE20 7TU3
£420K08/211.5 mi43a, Tremaine Road, London, Greater London SE20 7UA3
£415K06/211.5 mi51a, Tremaine Road, London, Greater London SE20 7UA3
£445.5K12/201.5 mi26, Samos Road, Anerley, London, Greater London SE20 7TU3
£442.2K02/211.5 mi40a, Samos Road, London, Greater London SE20 7TU3
£572.5K02/231.56 miFlat 4, Park View House, Westgate Road, Beckenham, Greater London BR3 5DF3
£500K01/211.63 mi10a, Franklin Road, London, Greater London SE20 8HW3
£340K11/211.66 miFlat 3, Laurel House, Bromley Road, Shortlands, Bromley, Greater London BR2 0AH3
£100K06/231.73 miFlat 2, Bettswood Court, Anerley Road, London, Greater London SE20 8EH3
£527.5K09/211.76 mi11, Beckett Walk, Beckenham, Greater London BR3 1JH3
£415K10/201.76 mi54, Birchanger Road, London, Greater London SE25 5BB3
£314K09/231.81 mi58a, Martins Road, Bromley, Greater London BR2 0EF3
£710K06/211.82 miFlat 1, Gallery House, Copers Cope Road, Beckenham, Greater London BR3 1DQ3
£365K09/211.82 mi31, Cornish Grove, London, Greater London SE20 8RB3
£325K12/221.82 mi56a, Martins Road, Bromley, Greater London BR2 0EF3
£345K02/211.83 mi34, Queen Adelaide Road, London, Greater London SE20 7DX3
£280K12/201.85 mi16, Hackington Crescent, Beckenham, Greater London BR3 1RZ3
£375K02/231.87 mi1, Barson Close, London, Greater London SE20 7HR3
£580K12/211.95 mi71, Tennison Road, London, Greater London SE25 5RY3
£355K11/211.99 mi23, Trenholme Terrace, London, Greater London SE20 8PW3
£528K02/231.99 mi29, Castledine Road, London, Greater London SE20 8PL3

Local Rents

14 rents from £2K/mo to £3.8K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,40003/240.03 miErnest Grove Beckenham BR33
£2,00004/240.14 miStanhope Grove, Beckenham3
£2,20004/240.19 miAsprey Mews Beckenham BR33
£2,00004/240.25 miGlanfield Road, Beckenham, BR33
£2,35012/240.26 mi-3
£2,10004/240.26 mi-3
£2,25003/240.29 miTonge Close, Beckenham, BR33
£3,60005/240.31 mi-3
£3,45004/240.31 miHillcrest Close, Beckenham, BR33
£3,81803/250.43 mi-3
£2,70004/240.55 miEden Way, Beckenham3
£2,20012/240.55 miGreenview Avenue, Croydon, CR03
£2,10012/240.56 miRegency Walk, Shirley, Croydon, CR03
£2,35005/240.62 miLangley Road, Beckenham3

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £699,950

January 30, 2025

Floor Plans

Description

We are delighted to offer this three bedroom corner plot offering a side garage and double garage at the rear with huge potential to extend at the rear. and side subject to planning permission. Offered to the market Chain Free. This property is located in a quiet tree-lined residential road, a short distance to Eden Park Village, Eden Park Train Station and Langley Schools. The property comprises a spacious entrance hall leading to a lounge, dining room, conservatory and kitchen. The first floor offers three bedrooms and bathroom and W.C. The property also benefits from off street parking, gas central heating, a lovely rear garden with rear access to the double garage.

Agent Details

Langley Estate Agents, Beckenham

020 3910 6331

Next Steps?

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