2 Bed Flat, Single Let, London, SE25 6AA, £275,000

South Norwood Hill, London, SE25 6AA - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£207.5K - £640K
Sold Prices/m²£3.4K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£363,259
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£12,700

Total Cash In

£81,450

 

 

Cash Out

 

Rent Range

£1,300 - £2,500

Rent Estimate

£1,450

Running Costs/mo

£1,169

Cashflow/mo

£281

Cashflow/yr

£3,368

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £207.5K to £640K, average is £312.5K. £3.4K/m² to £7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£365K12/200.13 miFlat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£362K03/210.13 miFlat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT2
£292.5K12/200.21 mi25a, Lancaster Road, London, Greater London SE25 4BJ2
£290K08/210.23 mi21, Cargreen Road, London, Greater London SE25 5AD2
£355K01/230.26 mi299, Holmesdale Road, London, Greater London SE25 6PR2
£250K02/210.3 mi14, St Marks Road, London, Greater London SE25 4UH2
£280K06/230.31 mi11a, Crowther Road, London, Greater London SE25 5QW2
£275K10/200.31 miFlat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH2
£260K03/230.32 mi94, Whitworth Road, London, Greater London SE25 6XL2
£330K08/210.34 mi60a, Crowther Road, London, Greater London SE25 5QP2
£280K01/230.37 mi269a, Whitehorse Lane, London, Greater London SE25 6UP2
£315K02/230.37 miFlat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN2
£207.5K07/210.39 mi221a, Whitehorse Lane, London, Greater London SE25 6UU2
£325K01/210.4 mi98, Albert Road, London, Greater London SE25 4JW2
£365K01/210.46 mi36, Archer Road, London, Greater London SE25 4JN2
£300K09/210.46 mi50, Archer Road, London, Greater London SE25 4JN2
£350K01/210.5 mi115, Harrington Road, London, Greater London SE25 4NP2
£300K11/200.51 mi13, Haysleigh Gardens, London, Greater London SE20 8SS2
£367K05/210.52 mi64a, Enmore Road, London, Greater London SE25 5NG2
£265K03/230.54 miFlat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT2
£260K03/210.54 miFlat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX2
£328.8K02/230.54 miFlat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ2
£290K06/230.54 mi84, Watson Place, London, Greater London SE25 5FA2
£360K01/210.54 mi4, Ingatestone Road, London, Greater London SE25 4LG2
£285K01/210.54 mi3, Ingatestone Road, London, Greater London SE25 4LG2
£386K03/230.54 mi47, Ingatestone Road, London, Greater London SE25 4LG2
£360K08/230.54 mi34, Ingatestone Road, London, Greater London SE25 4LG2
£292.5K04/210.58 miFlat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR2
£330K11/200.6 miFlat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB2
£245K04/210.6 miFlat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB2
£280K08/210.6 miFlat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW2
£240K07/230.65 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£640K12/210.65 mi105, Birchanger Road, London, Greater London SE25 5BH2
£272.5K03/210.68 mi62, Selby Road, London, Greater London SE20 8SG2
£288K02/210.68 mi68a, Holmesdale Road, London, Greater London SE25 6JF2
£415K02/210.68 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£275K08/210.69 miFlat 1, Shipley Court, Selby Road, London, Greater London SE20 8SE2
£265.5K02/210.69 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£318K01/230.69 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£235K02/230.71 mi430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB2
£325K11/210.71 mi199, Grange Road, London, Greater London SE25 6TG2
£370K04/210.71 mi85b, Marlow Road, London, Greater London SE20 7XR2
£410K05/210.72 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£365K06/230.73 mi156, Sylvan Road, London, Greater London SE19 2SA2
£307.5K06/210.74 mi53, Hythe Road, Thornton Heath, Greater London CR7 8QR2
£387.5K01/210.74 mi26, Kitley Gardens, London, Greater London SE19 2RY2
£365K04/210.74 mi14, Kitley Gardens, London, Greater London SE19 2RY2
£427.5K05/210.75 mi16a, Tremaine Road, London, Greater London SE20 7TZ2
£330K04/210.75 mi301, Grange Road, London, Greater London SE25 6TD2
£310K11/200.75 mi12, Cranleigh Close, London, Greater London SE20 8TW2

Local Rents

48 rents from £1.3K/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,65008/240.03 miSt. Dunstans Road, London2
£1,90003/250.04 mi-2
£2,50008/240.05 miSuffolk Road, London, SE252
£1,75008/240.05 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£1,75009/240.05 miFlat 10 Langham Court, 1A Suffolk Road, London, SE252
£1,55002/240.05 mi-2
£1,69501/250.05 mi-2
£1,69503/250.05 mi-2
£1,45002/240.07 mi-2
£1,50003/250.07 mi-2
£1,90008/240.07 mi-2
£1,90008/240.07 mi-2
£1,45209/240.08 miHigh Street, South Norwood, SE252
£2,00003/250.08 mi-2
£1,80008/240.09 mi-2
£1,70008/240.09 mi-2
£1,30008/240.09 miHigh Street London SE252
£1,65008/240.11 miHolmesdale Close London SE252
£1,95008/240.13 mi-2
£2,00004/250.14 mi-2
£1,50008/240.14 mi-2
£1,50008/240.14 mi-2
£1,50008/240.14 mi-2
£1,50008/240.14 mi-2
£1,75008/240.15 miSelhurst Road, London, SE252
£1,85008/240.15 miHolmesdale Road, South Norwood2
£1,70008/240.15 miChalfont Road, London, SE252
£1,55010/240.16 mi-2
£1,65008/240.16 mi-2
£1,60008/240.17 miFlat B, Oliver Avenue, South Norwood, SE252
£1,60008/240.17 miNorwood Junction High Street, London, SE252
£1,65002/240.17 mi-2
£1,70008/240.18 mi-2
£1,85008/240.18 miBROSTER GARDENS, LONDON, SE25, South Norwood, London, SE252
£1,85008/240.18 miBroster Gardens London SE252
£1,79511/230.18 miBroster Gardens, South Norwood, SE252
£1,55008/240.18 miStation Road, London, SE252
£1,80003/250.19 mi-2
£1,80008/240.19 mi-2
£1,50008/240.19 miWhitworth Road, London, SE252
£1,50009/240.19 mi-2
£1,70003/250.2 mi-2
£1,75008/240.2 mi-2
£1,85004/250.2 mi-2
£1,65001/250.21 mi-2
£1,70010/240.22 mi-2
£1,30008/240.23 mi-2
£1,65003/250.23 mi-2

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

8.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Price changed to £275,000

February 28, 2025

Listed for £300,000

February 7, 2025

Floor Plans

Description

  • Offered Unfurnished +
  • Wood flooring +
  • Norwood Junction Station +
  • Two Bedrooms +
  • Private Garden +
  • Tasteful Decor +

This delightful two-bedroom conversion property offers direct access to a private garden.

The flat features two spacious double bedrooms, making it ideal for sharers or a small family.

The bathroom is neutrally presented, with a separate W.C for added convenience.

The generously-sized reception room is flooded with natural light thanks to large windows, and it also opens onto the private garden, providing the perfect space for outdoor relaxation during the summer.

Located just a stones throw from Norwood Junction, youll enjoy fast connections into the city. South Norwood High Street is only a 2-minute walk away, offering a variety of shops and services, including Four Boroughs Coffee, Mama Dough, Little Mouse Cheese, and The Beer Cabin.

South Norwood is a vibrant, up-and-coming area known for its community spirit, green spaces, and local amenities. For those who enjoy outdoor activities, South Norwood Lakes and Grounds are nearby, offering scenic walks, cycling routes, and a lovely spot for picnics. The area is also home to several popular pubs, restaurants, and cafes, making it a great place to socialise.

Additionally, the property is well-served by local bus routes and has easy access to Crystal Palace Park, with its sports facilities and renowned dinosaur park.

Lease Length: 164 years

Annual Ground Rent: £100.00

Annual Service Charge: £2107.63

EPC Rating: D

Agent Details

iMove Property, Crystal Palace, London

020 3905 4957

Next Steps?

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