2 Bed Flat, Single Let, London, SE25 6EP, £245,000

High Street, LONDON, London, SE25 6EP - 2 months ago

Leasehold
Auction
BTL
ROI: 6%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£200K - £640K
Sold Prices/m²£3.4K/m² - £7K/m²

 

 

Square Metres

~67.50 m²
Price/m²£3.6K/m²

Value Estimate

£306,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£15,850

Total Cash In

£77,100

 

 

Cash Out

 

Rent Range

£1,300 - £2,800

Rent Estimate

£1,451

Running Costs/mo

£1,076

Cashflow/mo

£375

Cashflow/yr

£4,502

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £200K to £640K, average is £300K. £3.4K/m² to £7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£290K08/210.14 mi21, Cargreen Road, London, Greater London SE25 5AD2
£365K12/200.21 miFlat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£362K03/210.21 miFlat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£280K06/230.25 mi11a, Crowther Road, London, Greater London SE25 5QW2
£355K01/230.25 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£330K08/210.27 mi60a, Crowther Road, London, Greater London SE25 5QP2
£292.5K12/200.27 mi25a, Lancaster Road, London, Greater London SE25 4BJ2
£250K02/210.28 mi14, St Marks Road, London, Greater London SE25 4UH2
£260K03/230.36 mi94, Whitworth Road, London, Greater London SE25 6XL2
£325K01/210.38 mi98, Albert Road, London, Greater London SE25 4JW2
£275K10/200.39 miFlat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH2
£280K01/230.4 mi269a, Whitehorse Lane, London, Greater London SE25 6UP2
£207.5K07/210.41 mi221a, Whitehorse Lane, London, Greater London SE25 6UU2
£315K02/230.42 miFlat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN2
£367K05/210.44 mi64a, Enmore Road, London, Greater London SE25 5NG2
£365K01/210.45 mi36, Archer Road, London, Greater London SE25 4JN2
£300K09/210.45 mi50, Archer Road, London, Greater London SE25 4JN2
£290K06/230.46 mi84, Watson Place, London, Greater London SE25 5FA2
£350K01/210.49 mi115, Harrington Road, London, Greater London SE25 4NP2
£360K01/210.49 mi4, Ingatestone Road, London, Greater London SE25 4LG2
£285K01/210.49 mi3, Ingatestone Road, London, Greater London SE25 4LG2
£386K03/230.49 mi47, Ingatestone Road, London, Greater London SE25 4LG2
£360K08/230.49 mi34, Ingatestone Road, London, Greater London SE25 4LG2
£328.8K02/230.53 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£280K08/210.55 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£300K11/200.57 mi13, Haysleigh Gardens, London, Greater London SE20 8SS2
£640K12/210.57 mi105, Birchanger Road, London, Greater London SE25 5BH2
£265K03/230.6 miFlat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT2
£260K03/210.61 miFlat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX2
£265.5K02/210.63 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£318K01/230.63 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£292.5K04/210.64 miFlat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR2
£288K02/210.64 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£330K11/200.67 miFlat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB2
£245K04/210.67 miFlat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB2
£245K12/210.68 mi15, Hardcastle Close, Croydon, Greater London CR0 6XQ2
£235K02/230.7 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£240K07/230.7 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£415K02/210.73 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£200K06/210.73 mi7, Coe Avenue, London, Greater London SE25 5HN2
£346K01/210.73 mi51a, Dagnall Park, London, Greater London SE25 5EG2
£272.5K03/210.74 mi62, Selby Road, London, Greater London SE20 8SG2
£370K04/210.75 mi85b, Marlow Road, London, Greater London SE20 7XR2
£345K03/210.75 mi197, Woodside Green, London, Greater London SE25 5EN2
£325K11/210.76 mi199, Grange Road, London, Greater London SE25 6TG2
£275K08/210.76 miFlat 1, Shipley Court, Selby Road, London, Greater London SE20 8SE2
£410K05/210.76 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£307.5K06/210.78 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£295K12/220.79 mi63b, Saxon Road, London, Greater London SE25 5EH2
£427.5K05/210.79 mi16a, Tremaine Road, London, Greater London SE20 7TZ2

Local Rents

47 rents from £1.3K/mo to £2.8K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,30008/240.02 miHigh Street London SE252
£1,45209/240.02 miHigh Street, South Norwood, SE252
£1,65008/240.05 miSt. Dunstans Road, London2
£1,45002/240.06 mi-2
£1,50003/250.06 mi-2
£1,95008/240.07 mi-2
£1,75008/240.07 miSelhurst Road, London, SE252
£1,90003/250.09 mi-2
£2,50008/240.09 miSuffolk Road, London, SE252
£1,60008/240.09 miNorwood Junction High Street, London, SE252
£1,70008/240.09 mi-2
£1,75008/240.1 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£1,75009/240.1 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£1,55008/240.11 miStation Road, London, SE252
£2,00003/250.11 mi-2
£1,70003/250.12 mi-2
£1,75008/240.12 mi-2
£1,85004/250.12 mi-2
£1,55002/240.14 mi-2
£1,69501/250.14 mi-2
£1,69503/250.14 mi-2
£2,00004/250.15 mi-2
£1,85008/240.15 miHolmesdale Road, South Norwood2
£1,90008/240.16 mi-2
£1,90008/240.16 mi-2
£1,55010/240.16 mi-2
£1,80003/250.16 mi-2
£1,80008/240.16 mi-2
£1,80008/240.17 mi-2
£1,65008/240.17 miHolmesdale Close London SE252
£1,65001/250.17 mi-2
£1,65002/240.2 mi-2
£1,70008/240.2 mi-2
£1,60008/240.2 miFlat B, Oliver Avenue, South Norwood, SE252
£1,70008/240.2 mi-2
£1,70010/240.2 mi-2
£1,60008/240.21 miPortland Road, London2
£1,50008/240.21 miWhitworth Road, London, SE252
£1,50009/240.21 mi-2
£1,30008/240.22 mi-2
£1,60009/240.22 mi-2
£2,60011/240.22 mi-2
£2,80004/250.22 mi-2
£1,50008/240.22 mi-2
£1,50008/240.22 mi-2
£1,50008/240.22 mi-2
£1,50008/240.22 mi-2

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.04 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £245,000

April 1, 2025

Price changed to £250,000

February 28, 2025

Listed for £260,000

February 2, 2025

Floor Plans

Description

Offered for sale with no onward chain is this stunning one/two bedroom flat.

Showcasing an abundance of original features, including a feature exposed brick wall and fireplace in the living room, stunning arched windows this is not to be missed.

Internally the property presents a large reception room, separate kitchen with a range of matching wall and base units amongst other built in storage, a spacious double bedroom with large fitted wardrobes, a second room ideal for working from home or visitors and a stylish bathroom suite.

Located on South Norwood High Street with all local amenities on your doorstep. Norwood Junction Station is a short walk from the flat and offers fast trains into London Bridge in 13 minutes as well as the Overground network.

Auctioneer Comments -
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Agent Details

Mann, Sydenham

020 3869 5940

Next Steps?

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