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2 Bed Flat, Single Let, London, SE13 7ST, £325,000

Loampit Hill, London, SE13 7ST - 2 views - 3 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£152K - £750K
Sold Prices/m²£4.9K/m² - £11.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£396,500
BMV22%

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

£1,600 - £4,200

Rent Estimate

£1,675

Running Costs/mo

£1,371

Cashflow/mo

£304

Cashflow/yr

£3,653

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £152K to £750K, average is £432.5K. £4.9K/m² to £11.5K/m², average is £6.5K/m².

PriceDateDistanceAddressBeds 
£335K04/210.01 miFlat 26, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£359K05/210.01 miFlat 18, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£375K03/210.01 miFlat 23, Grover Court, Loampit Hill, London, Greater London SE13 7ST2
£600K10/230.14 miGround Floor Flat, 16, Halesworth Road, London, Greater London SE13 7TN2
£525K12/200.15 mi36a, Shell Road, London, Greater London SE13 7TW2
£547K09/230.17 miFirst Floor Flat, 39b, Undercliff Road, London, Greater London SE13 7TU2
£320K11/210.19 miFlat 23, Compass House, Armoury Road, London, Greater London SE8 4LF2
£380K04/210.19 miApartment 2, The White Cube, Algernon Road, London, Greater London SE13 7FS2
£695K09/210.19 mi14b, St Johns Vale, London, Greater London SE8 4EW2
£415.1K06/210.2 mi46d, Tyrwhitt Road, London, Greater London SE4 1QG2
£500K08/230.2 mi3d, St Johns Vale, London, Greater London SE8 4EA2
£570K05/210.22 mi81a, Halesworth Road, London, Greater London SE13 7TL2
£485K03/210.23 miFlat A, 102, Sandrock Road, London, Greater London SE13 7TP2
£335K11/200.24 miFlat 56, Century House, Armoury Road, London, Greater London SE8 4LH2
£375.1K02/230.25 miFlat 601, Adana Building, Conington Road, London, Greater London SE13 7FD2
£615K12/210.29 mi11a, Tressillian Road, London, Greater London SE4 1YG2
£152K08/210.31 miFlat 2, Ohio Building, Deals Gateway, London, Greater London SE13 7RX2
£445K03/210.31 mi9b, Drake Road, London, Greater London SE4 1QH2
£405K07/230.31 miFlat 405, Arizona Building, Deals Gateway, London, Greater London SE13 7QQ2
£600K02/210.31 miFlat C, 44, Tressillian Road, London, Greater London SE4 1YB2
£475K12/200.32 mi133b, Brookbank Road, London, Greater London SE13 7DA2
£455K01/230.33 mi82c, Tyrwhitt Road, London, Greater London SE4 1QB2
£445.4K01/230.33 mi133a, Brookbank Road, London, Greater London SE13 7DA2
£467K05/230.34 mi13, Lloyd Villas, London, Greater London SE4 1US2
£420K01/230.34 mi18, Lloyd Villas, London, Greater London SE4 1US2
£500K07/230.34 mi43, Lloyd Villas, London, Greater London SE4 1US2
£520K05/230.34 mi22, Lloyd Villas, London, Greater London SE4 1US2
£422K04/230.34 miFlat 107, Dakota Building, Deals Gateway, London, Greater London SE13 7QE2
£480K07/230.34 miFlat 603, Dakota Building, Deals Gateway, London, Greater London SE13 7QE2
£500K04/230.34 mi32b, Breakspears Road, London, Greater London SE4 1UW2
£555.5K03/230.34 mi32, Breakspears Road, London, Greater London SE4 1UW2
£410K03/230.35 miFlat 505, Idaho Building, Deals Gateway, London, Greater London SE13 7QG2
£435K10/230.35 miFlat 604, Idaho Building, Deals Gateway, London, Greater London SE13 7QG2
£320K11/230.35 mi114, Crosslet Vale, Greenwich, London, Greater London SE10 8DL2
£430K11/200.35 miFlat 1, Hadrian Court, Breakspears Road, London, Greater London SE4 1XP2
£335K03/230.36 mi25, Crosslet Vale, Greenwich, London, Greater London SE10 8DH2
£345K08/210.36 miFlat 101, Atlanta Building, Deals Gateway, London, Greater London SE13 7RU2
£505K01/210.4 mi10a, Wickham Road, Brockley, London, Greater London SE4 1PB2
£750K11/210.42 mi20a, Wickham Road, Brockley, London, Greater London SE4 1NY2
£383K01/240.44 miGarden Flat, 37, Blackheath Road, London, Greater London SE10 8PE2
£461.3K06/210.45 mi61c, Tressillian Road, London, Greater London SE4 1YA2
£365K03/210.46 mi71, Walerand Road, London, Greater London SE13 7PQ2
£332K04/230.46 mi73 - 99, Walerand Road, London, Greater London SE13 7PQ2
£360K05/230.47 mi78, Lewisham Hill, London, Greater London SE13 7EL2
£401K06/210.48 miFlat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU2
£408K04/210.48 mi128b, Tanners Hill, London, Greater London SE8 4QD2
£465K05/210.49 mi83b, Manor Avenue, London, Greater London SE4 1TD2
£475K03/210.49 mi93d, Manor Avenue, London, Greater London SE4 1TD2
£300K08/210.49 miFlat 23, Deloraine House, Tanners Hill, London, Greater London SE8 4PY2
£325K11/200.52 miFlat 53, Heston House, Tanners Hill, London, Greater London SE8 4PX2

Local Rents

51 rents from £1.6K/mo to £4.2K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75008/240.03 miLoampit Hill, Lewisham2
£1,75009/240.07 mi-2
£1,95004/250.08 mi-2
£2,69002/250.09 mi-2
£1,95009/230.11 miThurston Road, Lewisham, London2
£1,90008/240.11 mi-2
£1,65011/240.11 mi-2
£1,90001/250.11 mi-2
£1,75008/240.11 miHalesworth Road, Lewisham2
£1,75008/240.11 mi-2
£2,00004/250.11 mi-2
£1,85011/230.14 miHalesworth Road, London, SE132
£1,70012/240.14 mi-2
£2,00008/240.14 miHalesworth Road, London, SE132
£2,00003/250.14 mi-2
£2,15002/250.14 mi-2
£2,15002/250.14 mi-2
£1,70008/240.14 miUndercliff Road, Lewisham2
£1,85008/240.14 miBolden Street, St Johns, London, SE82
£1,90008/240.14 miUndercliff Road, London, SE132
£4,20008/240.14 miUndercliff Road, London, SE132
£1,75011/240.15 mi-2
£1,75008/240.16 miSandrock Road, Lewisham, London, SE132
£1,75009/240.16 miSandrock Road, Lewisham, London, SE132
£1,75009/240.16 miSandrock Road, Lewisham, London, SE132
£2,10008/240.16 miArmoury Road, London, Greater London, SE8 4LA2
£1,85004/250.16 mi-2
£2,10002/240.17 mi-2
£1,85001/250.18 mi-2
£1,90004/250.18 mi-2
£1,80010/240.19 mi-2
£1,95004/250.19 mi-2
£1,80001/250.19 mi-2
£1,95009/240.2 mi-2
£1,95008/240.2 miBooth Court, London, SE132
£2,00008/240.2 miLewisham Way, Brockley2
£1,80009/240.21 miLindsay Court, Jerrard Street, SE132
£1,80009/240.21 miLindsay Court, Jerrard Street, SE132
£2,15008/240.21 mi-2
£2,15008/240.21 miBooth Court, London, SE132
£2,40002/250.22 mi-2
£1,90008/240.22 miHighland Terrace, Algernon Road, Lewisham, SE132
£2,00002/250.23 mi-2
£1,75008/240.24 miCentury House, Deptford, SE82
£1,85008/240.24 miConnington Road2
£2,35508/240.24 miBale & Anchor, Conington Road, SE132
£2,90008/240.24 miBale & Anchor, Conington Road, SE132
£1,60008/240.24 miCentury House, Armoury Road, London, SE82
£1,60002/240.24 mi-2
£2,85004/250.24 mi-2
£2,40003/250.25 mi-2

Links

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

5.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

February 5, 2025

Floor Plans

Description

  • CHAIN FREE +
  • Two bedroom flat +
  • Ground floor +
  • Fully fitted kitchen and bathroom +
  • Communal garden +
  • Long Lease +
  • Close to local amenities and transport links +
  • Total floor area: 49m² = 527ft² (guidance only) +

RobinsonJackson are pleased to announce we have been instructed to sell two bedroom flat.
Built around the 1930's, Grover Court can be located just off Loampit Hill & can be driven into Via Sunninghill Road.
The accommodation is entered via a security entry phone system and is briefly laid out as follows, lounge/dining room, two bedrooms, kitchen & a bathroom/WC combined.
The property looks onto a pleasant central green and is also surrounded by well tended communal areas.
Perfectly positioned for the busy commuter as the main line station and DLR is within a stone's throw. CHAIN FREE.

LOCATION
While it's easy to hop on the train or DLR at Lewisham station to explore the rest of London, there's plenty in the town itself. There's an indoor shopping centre and a daily street market, a surprising amount of green space and restaurants serving world cuisine.
Families can choose from a wide selection of state primary and secondary schools, as well as some respected independent op-tions. Blackheath is Lewisham's close neighbour, with fine dining, boutique shops and bustling bars.

LEASEHOLD INFORMATION
Time remaining on lease: Approx. 950 Years*
Service Charge: TBC *
Service Charges Review Period: Every 1 Year
Ground Rent: TBC *
Ground Rent Review Period: TBC*
(*to be verified by Vendors Solicitor)

ADDITIONAL INFORMATION
Postcode: SE13 7ST
Local Authority: London Borough of Lewisham
Council Tax: Band B (£1,585.09 pa)
EPC Rating: TBC

UTILITIES
• Mains electricity
• Mains water
• Mains gas
• Drainage to public sewer

FLOOD RISK
For information please visit: check-long-term-flood-risk.service.gov.uk/postcode

BROADBAND & MOBILE COVERAGE
For broadband and mobile phone cover-age at the property please visit:
• Broadband: check-er.ofcom.org.uk/en-gb/broadband-coverage
• Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage

No PARKING

NEAREST TRAIN/DLR STATIONS
• Elverson Road DLR Station 0.26 km
• St Johns (London) Rail Station 0.30 km
• Lewisham Rail/DLR Station 0.46 km
• Deptford Bridge DLR Station 0.77 km
• Greenwich Station 1.24 km
• Ladywell Rail Station 1.25 km

Agent Details

Robinson Jackson, Lewisham

020 3834 8051

Next Steps?

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

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