2 Bed Flat, Single Let, London, SE26 5BG, £300,000

211C Montana Gardens, London - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£200K - £526K
Sold Prices/m²£3.9K/m² - £8.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£351,504
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £526K, average is £321.5K. £3.9K/m² to £8.1K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£262.5K06/210 mi72, Montana Gardens, London, Greater London SE26 5BG2
£270K04/230 mi67, Montana Gardens, London, Greater London SE26 5BG2
£299K10/210.11 mi168, Meadowview Road, London, Greater London SE6 3NH2
£276K04/210.13 mi158, Meadowview Road, London, Greater London SE6 3NQ2
£292K01/240.16 mi101, Meadowview Road, London, Greater London SE6 3NJ2
£250K01/230.17 mi113, Meadowview Road, London, Greater London SE6 3NJ2
£295K09/210.18 mi60, Meadowview Road, London, Greater London SE6 3NN2
£265K08/230.18 mi46, Meadowview Road, London, Greater London SE6 3NN2
£200K07/230.18 mi36, Meadowview Road, London, Greater London SE6 3NN2
£265K12/200.19 mi4, Meadow Close, London, Greater London SE6 3NW2
£370K01/240.21 mi18, Meadow Close, London, Greater London SE6 3NW2
£320K09/230.21 mi14, Meadow Close, London, Greater London SE6 3NW2
£335K10/210.21 mi17, Meadowview Road, London, Greater London SE6 3NL2
£285K01/210.21 mi43, Meadowview Road, London, Greater London SE6 3NL2
£335K11/200.25 mi21, Cowdrey Mews, London, Greater London SE6 3AP2
£303K05/230.26 mi20, Ridgewell Close, London, Greater London SE26 5AP2
£315K06/210.32 mi97, Moremead Road, London, Greater London SE6 3LS2
£310K03/210.35 mi12, Porthcawe Road, London, Greater London SE26 5TA2
£305K01/210.35 mi114, Moremead Road, London, Greater London SE6 3LT2
£320K08/230.35 mi10, Bell Green Lane, London, Greater London SE26 5TB2
£323K07/230.35 mi16, Bell Green Lane, London, Greater London SE26 5TB2
£260K06/230.41 mi11, Cowden Street, London, Greater London SE6 3SW2
£242.5K12/200.47 miFlat 16, Rokell House, Beckenham Hill Road, Beckenham, Greater London BR3 1TF2
£430K09/210.48 miFirst And Second Floor Flat, 23, Champion Road, London, Greater London SE26 4HD2
£417K12/200.5 miFlat 4, Klinton, Copers Cope Road, Beckenham, Greater London BR3 1NR2
£350K03/230.51 mi25b, Elderton Road, London, Greater London SE26 4EY2
£320K09/210.52 miFlat 5, Jodie Court, Stevens Close, Beckenham, Greater London BR3 1RT2
£270K12/220.55 mi287, Brookehowse Road, London, Greater London SE6 3TS2
£355K12/220.58 mi29, Silverwood Close, Beckenham, Greater London BR3 1RN2
£416.5K04/210.58 mi29a, Champion Crescent, London, Greater London SE26 4HH2
£312K11/200.58 mi97, Swallands Road, London, Greater London SE6 3HG2
£265K01/230.6 mi89, Dunfield Road, London, Greater London SE6 3RG2
£290K08/230.61 mi46, Chislet Close, Beckenham, Greater London BR3 1UB2
£371K03/210.61 mi28, Silverwood Close, Beckenham, Greater London BR3 1RN2
£375K12/200.61 mi1, Silverwood Close, Beckenham, Greater London BR3 1RN2
£405K05/210.62 mi27, Shannon Way, Beckenham, Greater London BR3 1WG2
£401K05/210.62 mi26, Shannon Way, Beckenham, Greater London BR3 1WG2
£434.5K07/230.62 mi8, Shannon Way, Beckenham, Greater London BR3 1WG2
£360K09/230.62 mi21, Hanson Close, Beckenham, Greater London BR3 1WJ2
£400K01/230.64 mi39, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£278K03/210.64 mi35, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AJ2
£330K11/230.65 mi79, Broadmead, Bellingham, London, Greater London SE6 3SD2
£355K06/230.66 miFlat 5, Edden House, Brackley Road, Beckenham, Greater London BR3 1RD2
£387K03/230.67 miFlat 12, Dorryn Court, Trewsbury Road, London, Greater London SE26 5DR2
£510K10/230.67 mi36, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£526K10/230.67 mi10, Adamsrill Road, Lower Sydenham, London, Greater London SE26 4AN2
£505K12/200.69 mi9, Niederwald Road, London, Greater London SE26 4AD2
£387.5K06/210.7 mi15b, Adamsrill Road, London, Greater London SE26 4AL2
£480K06/210.7 mi34, Trewsbury Road, London, Greater London SE26 5DN2
£345K01/210.71 miFlat 1, Minster House, Abbey Park, Beckenham, Greater London BR3 1PR2

Local Rents

51 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,60008/240.06 miWorsley Bridge Road, Sydenham, SE262
£2,05008/240.07 miPurbeck Gardens, London, SE262
£2,05010/240.07 mi-2
£2,20008/240.08 miPurbeck Gardens, Lower Sydenham, London, SE262
£2,20008/240.08 miPurbeck Gardens, London, SE262
£2,25001/250.08 mi-2
£2,25008/240.08 miPurbeck Gardens London SE262
£2,20008/240.09 miPurbeck Gardens, London, SE262
£2,20008/240.09 miPurbeck Gardens, London, SE262
£2,20008/240.09 miPurbeck Gardens, London, SE262
£1,65008/240.11 miMeadowview Road, Catford2
£1,70004/250.12 mi-2
£1,60003/250.19 mi-2
£1,60011/240.2 mi-2
£1,85002/240.23 mi-2
£1,80008/240.24 miCowdrey Mews London SE62
£2,00002/250.27 mi-2
£1,77503/240.28 miCopers Cope Road, Beckenham, BR32
£1,80004/250.28 mi-2
£1,60011/240.29 mi-2
£1,50008/240.33 miWinchfield Road, Sydenham SE262
£1,50009/240.33 miBell Green, Sydenham SE262
£1,73312/240.35 mi-2
£1,40011/240.45 mi-2
£1,55008/240.46 mi-2
£1,45004/240.48 miByron House, Porchester Mead, Beckenham, Kent, BR32
£1,45004/240.48 miByron House, Porchester Mead, Beckenham, Kent, BR32
£1,55003/240.48 miPorchester Mead, Beckenham, BR32
£1,70011/240.49 mi-2
£1,55011/240.49 mi-2
£1,60010/240.49 mi-2
£1,57508/240.51 mi-2
£1,57501/250.51 mi-2
£1,75003/240.51 miHeadingley Drive Beckenham BR32
£1,75004/240.51 miHeadingley Drive Beckenham BR32
£1,60004/240.51 miPorchester Mead, Beckenham, Kent, BR32
£1,97508/240.51 mi-2
£1,80005/240.51 mi-2
£1,80005/240.51 miStevens Court, Beckenham, BR32
£2,50010/240.52 mi-2
£2,50010/240.52 mi-2
£2,50012/240.52 mi-2
£1,70003/240.53 miCopers Cope Road Beckenham BR32
£1,85008/240.53 mi-2
£2,15008/240.53 miSunnydene Street, Sydenham, London, SE262
£2,00008/240.53 miSunnydene Street, Sydenham, London, SE262
£1,45008/240.54 mi-2
£1,47508/240.55 mi-2
£1,69504/250.56 mi-2
£1,60004/240.56 miLittlestone Close, Beckenham, BR32
£2,00012/240.56 mi-2

Local Area Statistics

Population in SE26

28,455

Population in London

4,771,921

Town centre distance

7.84 miles away

Nearest school

0.30 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £300,000

January 31, 2025

Floor Plans

Description

  • Two bedroom flat +
  • Modern, purpose built +
  • Low rise development +
  • CHAIN FREE +
  • ALLOCATED OFF STREET PARKING +
  • Excellent location +
  • Fabulous condition +
  • Flooded in light +
  • Ideal FIRST TIME BUY +
  • EPC rating is C, Council tax is C +

A CHAIN FREE fabulous two bedroom first floor flat with ALLOCATED OPFF STREET PARKING offered to the sales market by Propertworld. This super flat is a dream first time buy in our opinion and benefits from generous living space, beautifully proportioned accommodation throughout, lots of natural light and enviable location close to lots of amenities and transport links. The details include: you enter into a generous and well appointed living room with carpet and neutral decor, the lounge is a fabulous size and can easily accommodate lounge and dining furniture. It is tastefully decorated in neutral tones, with carpet and lots of light, the kitchen is modern and fitted, with a range of shaker style wall and base units, oak worktop, tiled splashback, all appliances and a modern Worcester Bosch combi boiler, there are two bedrooms - both beautifully presented in neutral tones and flooded in light - plus a super bathroom with a three piece suite and shower. The property further benefits from all allocated OFF STREET PARKING SPACE and access to communal gardens.
Montana Gardens is an attractive mixed development of houses and flats from the mid 1990s. Low density, excellent design and a high quality build are the stand out characteristics and it is extremely popular. LOWER SYDENHAM station is literally a min away and this provides an excellent service into London Bridge and Charing Cross. This is an ideal entry point into the London property market and we invite you to make an early appointment to view.

This was the flat we moved into when we first got married, and it couldn’t have been more perfect for us. The convenience of a two-minute walk to the train station made getting to central London effortless, while the dedicated parking space gave us peace of mind knowing the car was always close and parking was never a hassle. The South- and East-facing walls feature plenty of windows, allowing natural light to flood in throughout the day, making the flat feel bright, cheerful, and welcoming. During the colder months, the excellent insulation and central heating kept us warm and cosy, no matter the weather outside.
One of the standout features for us was the fully-boarded loft. It provided ample storage space, helping us keep the flat organized and clutter-free—a rare and invaluable feature for a home of this size. This flat gave us so much joy and comfort during our time here, and we’re sure it will be just as special for its next owners.

Agent Details

Property World, Sydenham - Sales

020 3840 3702

Next Steps?

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