2 Bed Flat, Single Let, Wallington, SM6 0HP, £325,000

Beddington Gardens, Wallington, SM6 0HP - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£141K - £646K
Sold Prices/m²£3.4K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£336,427
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,275 - £2,300

Rent Estimate

£1,453

Running Costs/mo

£1,326

Cashflow/mo

£127

Cashflow/yr

£1,521

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £141K to £646K, average is £321.1K. £3.4K/m² to £6.9K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£255K07/230.05 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£272.5K12/200.06 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£345K02/210.09 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£321K11/200.26 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.26 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£330K03/210.27 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£430K09/210.29 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£335K06/230.32 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£190K10/210.35 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£340K06/210.36 mi45, Park Road, Wallington, Greater London SM6 8AA2
£340K03/230.36 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£287K02/210.38 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.38 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.38 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£141K01/210.38 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£347.5K07/230.4 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£230K01/230.4 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£325K01/210.45 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.45 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£297.5K06/210.47 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.47 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£295K06/210.5 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.5 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.5 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£646K06/210.55 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£365K03/210.56 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£348K08/230.56 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£260K02/210.57 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.57 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.57 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K08/210.57 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£375K02/230.58 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£312K11/200.59 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2
£315K12/200.59 mi17, Stanhope Road, Carshalton, Greater London SM5 4LH2
£305K10/200.65 mi27, Beynon Road, Carshalton, Greater London SM5 3RW2
£300K02/210.65 mi26, Beynon Road, Carshalton, Greater London SM5 3RW2
£325K03/230.66 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£350K11/220.73 mi1a, Park Hill, Carshalton, Greater London SM5 3RS2
£285K03/210.74 mi153, Stanley Road, Carshalton, Greater London SM5 4LW2
£320K05/210.75 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.75 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£279K10/210.76 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.76 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£290K10/200.77 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£342K10/210.82 mi31, Sycamore Close, Carshalton, Greater London SM5 2PS2
£329K02/210.82 mi20, Sycamore Close, Carshalton, Greater London SM5 2PS2
£322K03/210.82 mi4, Sycamore Close, Carshalton, Greater London SM5 2PS2
£335K06/210.83 mi34, North Street, Carshalton, Greater London SM5 2JD2
£321.3K05/210.86 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£325K11/220.88 mi1, Dover Gardens, Carshalton, Greater London SM5 2LD2

Local Rents

52 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60009/240.09 miBeddington Gardens, Wallington, SM62
£1,60009/240.1 miHolmwood Gardens, Wallington, SM62
£1,60011/240.11 mi-2
£1,50009/240.12 miWoodcote Road, Wallington, SM62
£1,55002/240.13 mi-2
£1,47508/240.14 miGrosvenor Road, WALLINGTON2
£1,85001/250.14 mi-2
£1,75009/240.17 miCavalier Close, Wallington, SM62
£1,45008/240.17 mi91 Manor Road, Wallington2
£1,65009/240.17 miManor Road Wallington SM62
£1,65010/240.18 mi-2
£1,50009/240.18 miCanon Court, 91 Manor Road, Wallington, SM62
£1,50002/240.19 miMelbourne Road, Wallington, Surrey, SM62
£1,80009/240.2 miStanley Park Road2
£1,50008/240.2 miCavalier Close Wallington SM62
£1,60009/240.21 mi-2
£1,50008/240.21 miStanley Park Road, Wallington, SM62
£1,60010/240.21 mi-2
£1,45008/240.22 miClarendon Road, WALLINGTON2
£1,35008/240.22 miRosemount Clarendon Road Wallington SM6 8RW2
£1,65009/240.23 miJasmine Court, Wallington, SM62
£1,65009/240.23 mi-2
£1,60004/250.23 mi-2
£1,85002/240.24 mi-2
£1,55008/240.27 mi-2
£1,47508/240.28 miWoodcote Road, Wallington, SM62
£1,40004/250.28 mi-2
£1,50009/240.3 miBelmont Road, WALLINGTON2
£1,90009/240.33 miStafford Road, Wallington, SM62
£1,90010/240.33 mi-2
£1,80008/240.34 mi-2
£1,80008/240.34 mi-2
£1,50009/240.34 mi17 Parkgate Road, Wallington, SM62
£1,60009/240.35 mi-2
£1,50008/240.35 miParkgate Road, Wallington, SM62
£1,45010/240.36 mi-2
£1,40008/240.38 miBute Court, Bute Road, Wallington, SM62
£2,30008/240.39 mi-2
£1,75008/240.39 miStafford Road, Wallington, Surrey, SM62
£1,60009/240.39 miMaldon Road, Wallington2
£1,27509/240.43 miMaldon Road Wallington SM62
£1,65009/240.43 mi-2
£1,60008/240.43 mi-2
£1,60008/240.43 mi-2
£1,55003/250.43 mi-2
£1,60008/240.43 miMaldon Road, Wallington, SM62
£1,55008/240.45 miMaldon Road, Wallington, SM62
£1,60004/250.48 mi-2
£1,75012/240.5 mi-2
£2,00009/240.5 miRotherfield Road, Carshalton, SM52
£1,70003/250.51 mi-2
£1,45008/240.51 miStafford Road, WALLINGTON2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.59 miles away

Nearest school

0.20 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

January 31, 2025

Floor Plans

Description

  • Well Presented Two Bedroom Top Floor Flat +
  • Convenient Wallington Location +
  • Neutral Finish Throughout +
  • Bright And Spacious 16'7 Reception Room +
  • Separate Well Equipped Kitchen +
  • Bathroom With White Suite +
  • Garage +
  • Communal Gardens +
  • Long Lease +
  • Moments From Wallington Station And Amenities +

The Property
Spacious two bedroom top floor flat with garage and long lease, conveniently situated in a popular block in the heart of Wallington, moments from rail services and amenities. The property offers bright, well planned accommodation with modern interiors and neutral finish - ideal for homeowner or investor alike, with plenty of additional scope to customise to suit own taste. Features include a generous 16'7 reception room, separate well equipped kitchen, bathroom with white suite, inbuilt storage, gas central heating and double glazing. The block itself further provides access to well maintained communal gardens.

Accommodation comprises entrance hall with inbuilt storage, leading into the reception room with wide double glazed window, feature fireplace and ample space for relaxing, entertaining and dining. The separate kitchen comprises a modern range of matching wall and base units with work surfaces incorporating inset sink unit and further space for appliances. There are two well sized bedrooms, plus a family bathroom with white three piece suite.

The property is conveniently located close to Wallington station ( direct lines to central London) as well as regular bus routes providing useful links into Central Croydon, Sutton and the surrounding area. There are a variety of local amenities nearby, with Croydon, Purley and Sutton offering a larger variety of shops, bars, and restaurants, as well as mainline stations. Purley Way is also close-by for branded shopping, supermarkets, cinema complex and further leisure facilities. The area is also particularly well served by excellent schools, including Wallington Grammar, and delightful open spaces including beautiful Beddington Park.

To book a viewing instantly just visit our website or download our award-winning App.

Lease Information
We understand the lease on the property is 189 years from 25 December 2000. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Service Charges
We understand the service charge on the property is £475 per quarter. All prospective purchasers are advised to make their own enquiries and verify this information with a solicitor.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 25/12/2189

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Sutton

020 3907 2799

Next Steps?

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