2 Bed Flat, Single Let, Mitcham, CR4 3BF, £300,000

Church Road, Mitcham, CR4 3BF - 3 views - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£170K - £525K
Sold Prices/m²£4.1K/m² - £11.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£366,000
BMV22%

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 - £2,700

Rent Estimate

£1,504

Running Costs/mo

£1,258

Cashflow/mo

£246

Cashflow/yr

£2,948

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £170K to £525K, average is £342K. £4.1K/m² to £11.3K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£260K05/210.21 mi114, Lowry Crescent, Mitcham, Greater London CR4 3QU2
£260K05/210.21 mi114, Lowry Crescent, Mitcham, Greater London CR4 3QU2
£355K11/230.21 mi58, Liberty Avenue, London, Greater London SW19 2QR2
£281.5K10/210.23 mi71, Lowry Crescent, Mitcham, Greater London CR4 3NX2
£475K02/230.24 mi99, Runnymede, London, Greater London SW19 2RQ2
£310K11/220.24 mi192, Lowry Crescent, Mitcham, Greater London CR4 3QW2
£480K11/230.24 mi129, Runnymede, London, Greater London SW19 2RQ2
£282.5K11/200.25 mi184, Lowry Crescent, Mitcham, Greater London CR4 3QW2
£295K12/220.25 mi36, Cameron Square, Mitcham, Greater London CR4 3SH2
£334K06/210.25 mi148, Runnymede, London, Greater London SW19 2RG2
£284K04/230.26 mi39, Gilpin Close, Mitcham, Greater London CR4 3QR2
£296.8K06/230.26 mi35, Gilpin Close, Mitcham, Greater London CR4 3QR2
£450K04/230.26 mi50, Runnymede, London, Greater London SW19 2PQ2
£350K11/230.26 mi56, Runnymede, London, Greater London SW19 2PQ2
£355K01/210.27 mi160, Runnymede, London, Greater London SW19 2RG2
£431K08/210.27 mi174, Runnymede, London, Greater London SW19 2RG2
£350K04/210.28 mi34, Lewis Road, Mitcham, Greater London CR4 3DE2
£440K06/230.3 miFlat 36, Bennets Courtyard, Watermill Way, London, Greater London SW19 2RW2
£282K11/210.32 mi20, Lulworth Crescent, Mitcham, Greater London CR4 3RB2
£286K03/230.37 mi15, Heyford Road, Mitcham, Greater London CR4 3EW2
£483K11/200.42 mi77, Fortescue Road, London, Greater London SW19 2EA2
£275K01/210.46 mi46, Abbey Road, London, Greater London SW19 2NA2
£407.5K06/210.47 mi18a, Mortimer Road, Mitcham, Greater London CR4 3HS2
£311K12/200.48 mi8, Fairfield Close, Mitcham, Greater London CR4 3RE2
£475K11/200.54 mi11a, Clarendon Road, London, Greater London SW19 2DX2
£290K06/230.55 mi102a, Love Lane, Mitcham, Greater London CR4 3AJ2
£250K11/200.59 miFlat 99, Glebe Court, London Road, Mitcham, Greater London CR4 3NG2
£170K11/210.62 mi22, Deer Park Gardens, Mitcham, Greater London CR4 4DY2
£257K06/230.62 mi9, Deer Park Gardens, Mitcham, Greater London CR4 4DY2
£215K06/230.66 miFlat 23, Fair Green Court, London Road, Mitcham, Greater London CR4 3NA2
£255K06/210.66 miFlat 197, Glebe Court, London Road, Mitcham, Greater London CR4 3NY2
£475K03/210.67 mi45, Park Road, London, Greater London SW19 2HS2
£238K05/210.67 miFlat 126, Glebe Court, London Road, Mitcham, Greater London CR4 3NJ2
£475K06/210.72 mi30, College Road, London, Greater London SW19 2BS2
£458K07/230.73 mi15, University Road, London, Greater London SW19 2BU2
£260K02/210.73 mi28, Kingsleigh Place, Mitcham, Greater London CR4 4NU2
£255K01/210.74 mi24, Kingsleigh Place, Mitcham, Greater London CR4 4NT2
£521K10/230.77 mi78b, Hamilton Road, London, Greater London SW19 1JF2
£277K03/210.77 miFlat 33, Fenning Court, London Road, Mitcham, Greater London CR4 4ER2
£385K03/240.79 miRyecroft House, Flat 4, Hamilton Road, London, Greater London SW19 1JE2
£250K11/200.79 mi5, Kennedy Close, Mitcham, Greater London CR4 2AR2
£220K12/210.8 miFlat 16, Gedge Court, London Road, Mitcham, Greater London CR4 4EQ2
£415.5K08/210.82 mi61, Boyd Road, London, Greater London SW19 2DF2
£505K12/200.82 mi86a, Robinson Road, Colliers Wood, London, Greater London SW17 9DP2
£415K11/200.83 mi60b, Robinson Road, Colliers Wood, London, Greater London SW17 9DW2
£525K01/210.83 mi114, Boundary Road, London, Greater London SW19 2AX2
£460K11/210.84 mi67, Briscoe Road, London, Greater London SW19 2AH2
£480K06/210.84 mi43, Briscoe Road, London, Greater London SW19 2AH2
£432.5K03/210.84 mi70a, Graham Avenue, Mitcham, Greater London CR4 2HG2
£430K03/230.84 mi60b, Quicks Road, London, Greater London SW19 1EY2

Local Rents

50 rents from £1.4K/mo to £2.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,75003/240.06 mi-2
£1,60012/240.07 mi-2
£1,55001/250.07 mi-2
£1,51501/250.07 mi-2
£1,75009/240.07 mi-2
£1,70009/240.08 miHogarth Crescent, Colliers Wood, SW192
£1,70009/240.08 miHogarth Crescent, Colliers Wood2
£1,70009/240.09 miReynolds Close, Colliers Wood2
£1,70004/250.09 mi-2
£1,40009/240.09 miReynolds Close, Colliers Wood, London, SW192
£1,80012/240.13 mi-2
£2,20004/250.13 mi-2
£2,35004/250.13 mi-2
£2,29004/250.13 mi-2
£1,90009/240.17 miDreadnought Close London2
£1,85005/240.19 mi-2
£2,25003/240.2 miHomefield Gardens, Wimbledon, Mitcham, CR42
£1,80002/240.2 mi-2
£1,65003/250.2 mi-2
£1,60002/240.21 mi-2
£2,00002/240.22 mi-2
£1,62503/250.23 mi-2
£1,90009/240.23 miYarborough Road, London, SW192
£1,90009/240.23 miThe Nook London2
£1,85002/250.23 mi-2
£1,60004/250.24 mi-2
£1,60003/240.24 miLowry Crescent, Colliers Wood Borders2
£1,70010/240.24 mi-2
£1,80009/240.24 mi-2
£1,85010/240.24 mi-2
£1,75001/250.24 mi-2
£1,45003/240.25 miMitcham, CR42
£2,00009/240.28 mi-2
£1,50011/240.28 mi-2
£1,60005/240.3 miLinford Court, 14 Appleton Square, Mitcham2
£2,20009/240.3 mi-2
£2,30004/250.3 mi-2
£2,00002/250.3 mi-2
£1,80012/240.3 mi-2
£1,90009/240.3 miNonsuch House, Chapter Way, Colliers Wood, London, SW192
£2,20009/240.3 mi-2
£2,70009/240.31 mi-2
£2,70011/240.31 mi-2
£1,85005/240.34 miLavender Avenue, Mitcham2
£2,02509/240.37 miChristchurch Road, Colliers wood, Christchurch Road, London,2
£1,60002/240.38 mi-2
£1,55012/240.39 mi-2
£1,52512/240.39 mi-2
£1,65004/240.4 miAusten Court, Brickfield Road, Mitcham, CR42
£1,70004/240.4 miAusten Court, Mitcham, CR42

Local Area Statistics

Population in CR4

58,286

Town centre distance

1.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £300,000

February 6, 2025

Floor Plans

Description

  • Two Double Bedroom Apartment +
  • Beautifully Presented +
  • Underground Parking +
  • Open Plan Living +
  • Good Location +
  • Close To Transport Links +
  • EPC Rating : C +
  • Merton Council Tax Band : D +
  • Lease : 125 Years From 24 June 2004 +
  • Ground Rents (Per Annum) : £250. Service Charges (Per Annum) : £3,229.64 +

A well presented, two double bedroom, two bathroom first floor purposed built apartment, located on the borders of Colliers Wood and is close to bus routes and Tramlink taking you into Wimbledon. The property comprises of a bright open plan fully fitted kitchen / living room, large family bathroom, two double bedrooms with an en-suite to the master. The property also benefits from off street underground parking, long lease and would be ideal for a first time buyer.

Agent Details

Ellisons, Colliers Wood

020 3889 9039

Next Steps?

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