2 Bed Flat, Single Let, Wallington, SM6 7HJ, £269,500

Primrose Close, Wallington, SM6 7HJ - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£150K - £367K
Sold Prices/m²£3.7K/m² - £7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£331,485
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,375

Stamp Duty & Legal Fees

£15,650

Total Cash In

£83,025

 

 

Cash Out

 

Rent Range

£1,200 - £2,400

Rent Estimate

£1,349

Running Costs/mo

£1,132

Cashflow/mo

£217

Cashflow/yr

£2,604

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £150K to £367K, average is £280K. £3.7K/m² to £7K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£237.5K10/210.14 miFlat 5c, Oakley Court, London Road, Mitcham Junction, Mitcham, Greater London CR4 4HS2
£280K04/230.14 miFlat 5f, Oakley Court, London Road, Mitcham Junction, Mitcham, Greater London CR4 4HS2
£305K02/210.26 mi9, New Road, Mitcham, Greater London CR4 4JN2
£150K05/230.27 mi18, Percy Road, Mitcham, Greater London CR4 4JU2
£302K02/210.29 mi25, Longfield Avenue, Wallington, Greater London SM6 7AZ2
£280K04/230.35 mi2, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FE2
£275K07/210.35 mi6, Philips Close, Carshalton, Greater London SM5 2FE2
£260K03/210.35 mi12, Philips Close, Carshalton, Greater London SM5 2FE2
£275K01/230.35 mi3, Philips Close, Carshalton, Greater London SM5 2FE2
£260K08/210.38 mi88, New Road, Mitcham, Greater London CR4 4LT2
£295K07/230.38 mi100, New Road, Mitcham, Greater London CR4 4LT2
£240K01/210.38 mi76, New Road, Mitcham, Greater London CR4 4LT2
£260K12/200.39 mi163, Mullards Close, Mitcham, Greater London CR4 4FF2
£310K11/220.39 mi155, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FF2
£283K07/230.39 mi137, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FD2
£290K01/230.39 mi90, Mullards Close, Hackbridge, Mitcham, Greater London CR4 4FD2
£269.9K01/230.4 mi16, Reynolds Close, Carshalton, Greater London SM5 2AY2
£270K07/210.41 mi18, Reynolds Close, Carshalton, Greater London SM5 2AY2
£280K01/210.41 mi14, Reynolds Close, Carshalton, Greater London SM5 2AY2
£310K02/210.41 mi31, Reynolds Close, Carshalton, Greater London SM5 2AY2
£297K03/230.41 mi7, Reynolds Close, Carshalton, Greater London SM5 2AY2
£275K12/200.43 mi90, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£272.5K05/210.44 mi66, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£289K03/230.44 mi78, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£270K11/200.44 mi68, Reynolds Close, Carshalton, Greater London SM5 2AZ2
£256.5K02/210.47 mi141, Culvers Avenue, Carshalton, Greater London SM5 2BA2
£285K04/210.53 mi56, Otter Drive, Carshalton, Greater London SM5 2FH2
£280K06/210.55 mi43, Millside, Carshalton, Greater London SM5 2BQ2
£274.5K10/210.73 mi61, Caraway Place, Wallington, Greater London SM6 7AG2
£276K10/200.73 mi59, Caraway Place, Wallington, Greater London SM6 7AG2
£330K03/210.8 mi48, Strawberry Lane, Carshalton, Greater London SM5 2NQ2
£367K10/230.8 mi30, Strawberry Lane, Carshalton, Greater London SM5 2NQ2
£335K03/210.8 mi18, Strawberry Lane, Carshalton, Greater London SM5 2NQ2
£250K04/210.81 mi50, Devana End, Carshalton, Greater London SM5 2NL2
£270K01/210.81 mi28, Devana End, Carshalton, Greater London SM5 2NL2
£320K03/230.84 mi90, Denmark Road, Carshalton, Greater London SM5 2JW2
£335K11/200.84 mi80, Denmark Road, Carshalton, Greater London SM5 2JW2
£285K08/210.86 mi119a, Green Wrythe Lane, Carshalton, Greater London SM5 2ST2
£285K11/200.86 mi129, Green Wrythe Lane, Carshalton, Greater London SM5 2ST2
£321.3K05/210.87 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£265K07/210.88 mi37, Tavern Close, Carshalton, Greater London SM5 1JE2
£244K12/200.9 mi19, Groveside Close, Carshalton, Greater London SM5 2EQ2
£290K06/210.92 mi76, Green Wrythe Lane, Carshalton, Greater London SM5 2DP2
£267K12/220.92 mi82f, Green Wrythe Lane, Carshalton, Greater London SM5 2DP2
£279K10/210.94 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.94 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£225K08/210.94 mi24a, Green Wrythe Lane, Carshalton, Greater London SM5 2DW2
£325K11/220.97 mi1, Dover Gardens, Carshalton, Greater London SM5 2LD2

Local Rents

32 rents from £1.2K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,69404/250.01 mi-2
£1,85008/240.11 miClover Way, Wallington, SM62
£1,85008/240.11 mi-2
£1,40011/240.13 mi-2
£1,80009/240.13 miFoxglove Way, Wallington, SM62
£1,60002/240.23 mi-2
£1,60003/240.23 miWolseley Road, Mitcham, CR42
£1,65009/240.28 miSaxon House, 170 London Road, WALLINGTON2
£1,75012/240.28 mi-2
£2,00011/240.28 mi-2
£1,69902/240.29 miLondon Road, Wallington, Surrey. SM62
£1,75009/240.29 miLondon Road, Wallington, SM62
£1,60003/240.3 miOakdale Way, Mitcham, CR42
£1,60003/240.3 mi-2
£1,50003/240.31 miClose to Watercress Park2
£1,20001/250.33 mi-2
£1,70009/240.35 miLondon Road Wallington SM62
£1,85001/250.37 mi-2
£2,40002/250.38 mi-2
£1,40003/240.39 miMullards Close, Mitcham, CR42
£1,39903/240.39 miMullards Close, Hackbridge, Surrey, CR42
£1,75003/240.39 miMullards Close, Mitcham2
£1,85009/240.39 mi-2
£1,47508/240.41 miReynolds Close, CARSHALTON2
£1,80004/250.41 mi-2
£1,40001/250.43 mi-2
£2,09709/240.43 miCrypton House, Thimle Crescent, London, SM62
£1,95012/240.45 mi-2
£2,00011/240.45 mi-2
£1,65009/240.52 miOtter Drive Carshalton SM52
£1,95002/250.57 mi-2
£1,60009/240.61 miRossignol Gardens, Carshalton, SM52

Local Area Statistics

Population in SM6

36,166

Town centre distance

1.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £269,500

March 8, 2025

Listed for £275,000

February 10, 2025

Floor Plans

Description

  • Well Presented Purpose Built Apartment +
  • Two Good Size Bedrooms +
  • Refitted Kitchen +
  • Modern Bathroom +
  • Allocated Parking +
  • Communal Gardens +
  • No Chain +
  • Close To Hackbridge Station and Shops +

Paul Graham are delighted to offer this well presented ground floor apartment which benefits from a long lease, allocated parking and no chain. Features include a 13'3 lounge/diner and a modern fitted kitchen. There are two double bedrooms and a refitted bathroom. Situated within easy reach of Hackbridge station and shops, this property would make an ideal first time or investment property. 

COMMUNAL ENTRANCE HALL  

ENTRANCE HALL  

LOUNGE/DINER 13' 5" x 10' 8 wp" (4.09m x 3.25m)  

KITCHEN 8' 6" x 7' 3" (2.59m x 2.21m)  

BEDROOM 1 13' 1" x 10' 7" (3.99m x 3.23m)  

BEDROOM 2 10' 2" x 7' 3" (3.1m x 2.21m)  

BATHROOM  

ALLOCATED PARKING  

LONG LEASE  

NO CHAIN  

CLOSE TO SHOPS AND STATION

Agent Details

Paul Graham, Wallington

020 3889 1245

Next Steps?

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