2 Bed Flat, Single Let, London, SE4 1LF £450,000

Adelaide Avenue, London, SE4 1LF - 7 views - 10 months ago

BTL

~68 m²

ValuationUndervalued

Sold Prices	£329K - £687.5K
Sold Prices/m²	£3.5K/m² - £10.9K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£486,507£486,507
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Total Cash In	£137,200£137,200

Cash Out
Rent Range	£1,600 - £2,850£1,600 - £2,850
Rent Estimate	£1,650
Running Costs/mo	£1,756£1,756
Cashflow/mo	£-106£-106
Cashflow/yr	£-1,275£-1,275
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £329K to £687.5K, average is £465.6K. £3.5K/m² to £10.9K/m², average is £7.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£496K	12/24	0.05 mi	18, Chalsey Road, Crofton Park, London SE4 1YW	£8,552	58	2	Flat
£531K	10/21	0.11 mi	162a, Tressillian Road, London, Greater London SE4 1XY	£8,045	66	2	Flat
£645K	01/23	0.17 mi	137a, Breakspears Road, London, Greater London SE4 1TY	-	-	2	Flat
£510K	08/25	0.19 mi	310a, Brockley Road, Crofton Park, London SE4 2AZ	-	-	2	Flat
£525K	09/21	0.19 mi	Flat B, 110, Breakspears Road, London, Greater London SE4 1UD	-	-	2	Flat
£352.5K	06/21	0.24 mi	Flat 2, Jasmin House, Wickham Road, Brockley, London, Greater London SE4 1NF	-	-	2	Flat
£348K	09/21	0.25 mi	161b, Ladywell Road, London, Greater London SE13 7HZ	-	-	2	Flat
£550K	03/25	0.26 mi	51a, Comerford Road, Crofton Park, London SE4 2BA	£10,865	51	2	Flat
£550K	03/25	0.26 mi	51a, Comerford Road, Crofton Park, London SE4 2BA	-	-	2	Flat
£401K	06/21	0.28 mi	Flat 4, Lilac House, Breakspears Road, London, Greater London SE4 1TU	-	-	2	Flat
£461.3K	06/21	0.28 mi	61c, Tressillian Road, London, Greater London SE4 1YA	£5,898	78	2	Flat
£542K	02/25	0.29 mi	82, Flat 5, Wickham Road, London SE4 1LS	£8,469	64	2	Flat
£370K	12/24	0.3 mi	25, Greatfield Close, Ladywell, London SE4 1JZ	£6,271	59	2	Flat
£460K	05/25	0.31 mi	Flat 3, 4, Hilly Fields Crescent, Ladywell, London SE4 1QA	£7,931	58	2	Flat
£460K	05/25	0.31 mi	Flat 3, 4, Hilly Fields Crescent, Ladywell, London SE4 1QA	-	-	2	Flat
£687.5K	04/25	0.33 mi	Ground Floor Flat, 55, Tressillian Road, London SE4 1YA	£9,046	76	2	Flat
£687.5K	04/25	0.33 mi	Ground Floor Flat, 55, Tressillian Road, London SE4 1YA	-	-	2	Flat
£610K	05/25	0.33 mi	22b, Harefield Road, London SE4 1LR	£8,971	68	2	Flat
£610K	05/25	0.33 mi	22b, Harefield Road, London SE4 1LR	-	-	2	Flat
£420.4K	04/23	0.33 mi	178b, Adelaide Avenue, London, Greater London SE4 1JN	£8,758	48	2	Flat
£635K	12/24	0.34 mi	14, First Floor Flat, Tressillian Crescent, London SE4 1QJ	£7,938	80	2	Flat
£540K	06/25	0.34 mi	Top Flat, 49, Wickham Road, London SE4 1LT	£5,400	100	2	Flat
£547.5K	02/23	0.35 mi	51a, Wickham Road, Brockley, London, Greater London SE4 1LT	£7,399	74	2	Flat
£425K	01/23	0.35 mi	Flat 5, Tower Court, Foxberry Road, London, Greater London SE4 2SY	-	-	2	Flat
£412.5K	09/23	0.36 mi	25, Algiers Road, London, Greater London SE13 7JD	-	-	2	Flat
£329K	03/25	0.37 mi	17b, Lindal Road, London, Greater London SE4 1EJ	£7,144	46	2	Flat
£480K	03/25	0.38 mi	Flat 4, 91, Cranfield Road, London SE4 1TR	£9,057	53	2	Flat
£455K	01/23	0.39 mi	82c, Tyrwhitt Road, London, Greater London SE4 1QB	-	-	2	Flat
£470K	06/21	0.39 mi	22, Chudleigh Road, London, Greater London SE4 1JW	-	-	2	Flat
£517K	03/25	0.4 mi	26c, Cranfield Road, London SE4 1UG	£7,282	71	2	Flat
£445.4K	01/23	0.41 mi	133a, Brookbank Road, London, Greater London SE13 7DA	-	-	2	Flat
£650K	12/22	0.41 mi	6a, Cranfield Road, London SE4 1UG	£8,333	78	2	Flat
£525K	01/25	0.44 mi	Langtry Court, 16, Coulgate Street, London SE4 2FA	£9,375	56	2	Flat
£665K	06/23	0.45 mi	77b, Ermine Road, London, Greater London SE13 7JJ	£10,391	64	2	Flat
£400K	06/21	0.45 mi	85a, Manwood Road, London, Greater London SE4 1AB	£7,143	56	2	Flat
£450K	10/22	0.46 mi	67, Second Floor Flat, Tyrwhitt Road, London SE4 1QE	-	-	2	Flat
£510K	03/23	0.46 mi	34b, Hazeldon Road, London, Greater London SE4 2DD	£7,931	64	2	Flat
£422.5K	06/23	0.46 mi	9b, Hazeldon Road, London, Greater London SE4 2DD	£6,222	68	2	Flat
£444.8K	05/25	0.46 mi	110, Geoffrey Road, London SE4 1NU	£8,721	51	2	Flat
£444.8K	05/25	0.46 mi	110, Geoffrey Road, London SE4 1NU	-	-	2	Flat
£351.5K	03/25	0.46 mi	Sulby House, 24, Turnham Road, London SE4 2HP	£6,509	54	2	Flat
£415K	03/25	0.47 mi	96a, Embleton Road, Ladywell, London SE13 7DG	£4,826	86	2	Flat
£615K	12/21	0.47 mi	11a, Tressillian Road, London, Greater London SE4 1YG	£6,029	102	2	Flat
£425K	12/24	0.47 mi	209 211 Mantle Court, Flat 12, Mantle Road, London SE4 2EW	£6,855	62	2	Flat
£480K	01/25	0.49 mi	17, First Floor Flat, Glynde Street, London SE4 1RU	-	-	2	Flat
£470K	01/25	0.49 mi	103, Manor Avenue, London SE4 1TD	£3,481	135	2	Flat
£430K	05/25	0.49 mi	Flat 13, Jude Court, Mantle Road, London SE4 2EX	-	-	2	Flat
£430K	05/25	0.49 mi	Flat 13, Jude Court, Mantle Road, London SE4 2EX	-	-	2	Flat
£399.1K	05/23	0.5 mi	91, Arica Road, London, Greater London SE4 2PS	£6,438	62	2	Flat
£450K	12/22	0.51 mi	162, Upper Brockley Road, London, Greater London SE4 1SS	£6,716	67	2	Flat

Local Rents

49 rents from £1.6K/mo to £2.9K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	08/24	0 mi	Adelaide Avenue, Brockley	2	Flat
£2,200	09/25	0 mi	-	2	Flat
£2,000	07/25	0.02 mi	Adelaide Avenue, Brockley, London, SE4	2	Flat
£2,200	05/25	0.03 mi	Adelaide Avenue, London, SE4 1	2	Flat
£2,200	01/25	0.03 mi	-	2	Flat
£1,895	10/24	0.03 mi	-	2	Flat
£1,850	10/25	0.03 mi	-	2	Flat
£1,995	08/24	0.03 mi	Adelaide Avenue, Brockley, SE4	2	Flat
£1,895	10/25	0.03 mi	Adelaide Avenue, Brockley, SE4	2	Flat
£1,850	10/25	0.03 mi	Adelaide Avenue, Brockley, SE4	2	Flat
£1,900	07/25	0.09 mi	Adelaide Avenue, London, SE4	2	Flat
£1,600	03/25	0.1 mi	-	2	Flat
£2,300	08/25	0.1 mi	Chalsey Road, London, SE4	2	Flat
£2,400	09/25	0.1 mi	St Margarets Road, Brockley, London, SE4	2	Flat
£1,750	12/24	0.1 mi	-	2	Flat
£1,750	08/24	0.1 mi	St. Margarets Road, Brockley	2	Flat
£2,550	11/25	0.11 mi	-	2	Flat
£2,550	11/25	0.11 mi	St. Margarets Road, London, SE4	2	Flat
£1,950	01/25	0.12 mi	-	2	Flat
£1,980	10/25	0.12 mi	-	2	Flat
£1,700	10/25	0.13 mi	-	2	Flat
£2,000	02/25	0.15 mi	-	2	Flat
£2,450	09/24	0.16 mi	-	2	Flat
£2,000	08/24	0.17 mi	Breakspears Road, London, SE4	2	Flat
£2,000	08/24	0.17 mi	Breakspears Road, Brockley, London, SE4	2	Flat
£2,000	08/24	0.19 mi	Comerford Road, Brockley. London, SE4	2	Flat
£1,800	07/25	0.2 mi	Breakspears Road, Brockley, London, SE4	2	Flat
£1,900	06/25	0.2 mi	Whitbread Road, Brockley, London, SE4	2	Flat
£1,700	11/25	0.2 mi	Wickham Road, London	2	Flat
£1,850	08/24	0.22 mi	Arabin Road, Brockley, London, SE4	2	Flat
£1,950	09/25	0.22 mi	Arabin Road, Brockley, London, SE4	2	Flat
£1,850	08/24	0.23 mi	Comerford Road	2	Flat
£1,850	08/24	0.23 mi	Comerford Road, London, SE4	2	Flat
£1,900	09/25	0.23 mi	-	2	Flat
£1,650	08/24	0.25 mi	Brockley Road London SE4	2	Flat
£2,500	05/25	0.25 mi	-	2	Flat
£1,975	08/24	0.26 mi	-	2	Flat
£1,975	03/25	0.26 mi	-	2	Terraced House
£1,700	08/24	0.26 mi	Jasmin House, SE4	2	Flat
£1,925	04/25	0.26 mi	-	2	Flat
£1,850	07/25	0.27 mi	Arabin Road London SE4	2	Terraced House
£1,750	08/24	0.27 mi	Ladywell Road, Ladywell	2	Flat
£2,000	02/25	0.28 mi	-	2	Flat
£2,000	08/24	0.28 mi	Dalrymple Road London SE4	2	Flat
£2,000	08/24	0.28 mi	Dalrymple Road London SE4	2	Flat
£1,650	08/24	0.29 mi	Eastern Road Brockley SE4	2	Flat
£2,800	02/24	0.29 mi	-	2	Terraced House
£2,850	01/25	0.29 mi	-	2	Terraced House
£2,200	04/25	0.29 mi	-	2	Flat

Local Area Statistics

Population in SE4	28,59528,595
Population in London	4,771,9214,771,921
Town centre distance	5.74 miles away5.74 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.40 miles away0.40 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-9%-9%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £450,000

February 7, 2025

Floor Plans

Description

Chain free +
Off-street parking +
Two bedrooms +
Share of freehold +
Communal garden +
Brockley conservation area +
Great transport links +
Close to Hilly Fields +

Nestled in the heart of the Brockley Conservation Area and just moments from the lush greenery of Hilly Fields, this exceptional flat is a fantastic opportunity for all buyers, whether you are first time buyers eager to step onto the property ladder or investors looking to expand their portfolio.

Boasting over 600 sq. ft. of well-appointed living space, the property features two bedrooms, including a generous master, a spacious reception room with ample space for dining, a modern fitted kitchen, a stylish neutral bathroom suite, and gas central heating. Beautifully decorated throughout, this light-filled home is ready for immediate occupancy and has the benefits of being sold chain free, with a share of freehold, communal parking and a communal garden.

Ideally located, the flat is just a short stroll from Brockley Overground, Ladywell Station, and Lewisham DLR, providing frequent services to London Bridge, Waterloo East, and Canary Wharf.

The local area is vibrant and well-connected, offering a fantastic selection of shops, restaurants, cafés, supermarkets, and bars, making it a sought-after spot for those looking to enjoy the best of South East London living

Agent Details

Bryan & Keegan, London

020 3866 6727

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC