3 Bed Flat, Single Let, Mitcham, CR4 3HB, £250,000
London Road, Mitcham, CR4 3HB - 8 views - 3 months ago
Sold STC
Leasehold
BTL
ROI: 12%
~93 m²





+14 photos
ValuationUndervalued
Sold Prices | £230K - £775K |
Sold Prices/m² | £4.3K/m² - £11.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.7K/m² |
Value Estimate | £302,500 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £62,500 |
Stamp Duty & Legal Fees | £8,700 |
Total Cash In | £71,200 |
| |
Cash Out | |
Rent Range | £1,500 - £1,850,430 |
Rent Estimate | £1,888 |
Running Costs/mo | £1,179 |
Cashflow/mo | £709 |
Cashflow/yr | £8,510 |
ROI | 12% |
Gross Yield | 9% |
Local Sold Prices
22 sold prices from £230K to £775K, average is £400.5K. £4.3K/m² to £11.3K/m², average is £7.4K/m².
Local Rents
51 rents from £1.5K/mo to £1.9M/mo, average is £2.4K/mo.
Local Area Statistics
Population in CR4 | 58,286 |
Town centre distance | 0.66 miles away |
Nearest train station | 0.37 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +4% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £250,000
February 6, 2025
Floor Plans

Description
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