4 Bed Terraced House, Refurb/BRRR, London, SE8 4DY, £850,000

Ashmead Road, St Johns, SE8 4DY - 4 views - 2 months ago

Sold STC
Refurb/BRRR
~129 m²
+9 photos

ValuationFair Value

Sold Prices£565.8K - £1.7M
Sold Prices/m²£4.8K/m² - £11.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.6K/m²

Value Estimate

£858,500

 

 

End Value (After Refurb)

£916,824

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Refurb Costs

£68,381

Bridging Loan Interest

£22,313

Total Cash In

£361,644

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£916,824

Mortgage (After Refinance)

£687,618

Mortgage LTV

75%

Cash Released

£50,118

Cash Left In

£311,526

Equity

£229,206

Rent Range

£1,700 - £6,900

Rent Estimate

£3,175

Running Costs/mo

£3,520

Cashflow/mo

£-345

Cashflow/yr

£-4,141

Gross Yield

4%

Local Sold Prices

51 sold prices from £565.8K to £1.7M, average is £860K. £4.8K/m² to £11.1K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£1.0M01/210.08 mi15, Ashmead Road, London, Greater London SE8 4DY4
£1.1M07/220.08 mi7, Cliff Terrace, London, Greater London SE8 4DZ4
£1.4M12/200.08 mi6, Cliff Terrace, London, Greater London SE8 4DZ4
£745K03/210.09 mi137, Albyn Road, London, Greater London SE8 4EB4
£1.2M11/220.09 mi121, Albyn Road, London, Greater London SE8 4EB4
£895K10/200.1 mi44, Ashmead Road, London, Greater London SE8 4DX4
£670K06/230.1 mi14, Clandon Street, London, Greater London SE8 4EL4
£690K06/210.14 mi40, Admiral Street, London, Greater London SE8 4HZ4
£720K08/230.18 mi1, Somerset Gardens, London, Greater London SE13 7SY4
£921K03/210.21 mi4, Tyrwhitt Road, London, Greater London SE4 1QG4
£822.5K02/230.23 mi3, Sunninghill Road, London, Greater London SE13 7SS4
£940.5K11/230.25 mi3, Sandrock Road, London, Greater London SE13 7TS4
£710K08/230.27 mi54, Elverson Road, London, Greater London SE8 4JN4
£865K06/210.28 mi12, Ashby Road, London, Greater London SE4 1PA4
£862.5K06/210.3 mi16, Shell Road, London, Greater London SE13 7TW4
£725K02/210.31 mi11, Franklin Place, London, Greater London SE13 7ES4
£1.4M12/200.36 mi63, Manor Avenue, London, Greater London SE4 1TD4
£565.8K12/220.37 mi83, Halesworth Road, London, Greater London SE13 7TL4
£1.4M06/210.39 mi107, Tyrwhitt Road, London, Greater London SE4 1QE4
£850K07/230.4 mi60, Malpas Road, London, Greater London SE4 1BS4
£1.1M10/210.4 mi63, Blackheath Road, London, Greater London SE10 8PD4
£725K07/230.41 mi22, Ladycroft Road, London, Greater London SE13 7BY4
£669K09/210.42 mi20, Algernon Road, London, Greater London SE13 7AT4
£700K08/230.43 mi20, Robinscroft Mews, London, Greater London SE10 8DN4
£965K03/210.43 mi109, Upper Brockley Road, London, Greater London SE4 1TF4
£1.7M01/210.44 mi2, Egerton Drive, London, Greater London SE10 8JS4
£610K12/220.44 mi1, Robinscroft Mews, London, Greater London SE10 8DN4
£830K03/210.44 mi39, Algernon Road, London, Greater London SE13 7AT4
£830K03/210.44 mi39, Algernon Road, London, Greater London SE13 7AT4
£604K03/210.45 mi29, Branscombe Street, London, Greater London SE13 7AY4
£814K10/230.45 mi18, Branscombe Street, London, Greater London SE13 7AY4
£1.2M04/210.45 mi72, Greenwich High Road, London, Greater London SE10 8LF4
£800K03/210.45 mi45, Brookbank Road, London, Greater London SE13 7BX4
£797K03/210.45 mi62, Brookbank Road, London, Greater London SE13 7BX4
£1.2M11/200.46 mi23, Guildford Grove, London, Greater London SE10 8JY4
£1.4M05/240.46 mi9, Guildford Grove, London, Greater London SE10 8JY4
£1.3M03/210.48 mi14, Hilly Fields Crescent, London, Greater London SE4 1QA4
£713K02/230.49 mi17, Shardeloes Road, London, Greater London SE14 6NZ4
£825K10/200.5 mi173, Malpas Road, London, Greater London SE4 1BQ4
£1.4M10/200.5 mi58, Geoffrey Road, London, Greater London SE4 1NT4
£1.4M04/220.5 mi44, Geoffrey Road, London, Greater London SE4 1NT4
£747.5K05/210.51 mi39, Ermine Road, London, Greater London SE13 7JT4
£860K06/210.51 mi108, Shell Road, London, Greater London SE13 7DF4
£890K06/210.51 mi19, Fossil Road, London, Greater London SE13 7DE4
£670K01/230.51 mi25, Ermine Road, London, Greater London SE13 7JT4
£1.7M06/210.52 mi62, Greenwich South Street, London, Greater London SE10 8UN4
£865K12/200.53 mi79, Morden Hill, London, Greater London SE13 7NP4
£840K04/230.53 mi59, Cliffview Road, London, Greater London SE13 7DB4
£875K09/230.53 mi25, Cliffview Road, London, Greater London SE13 7DB4
£710K11/200.54 mi19, Millmark Grove, London, Greater London SE14 6RL4
£1.1M12/220.55 mi58, Ashburnham Grove, London, Greater London SE10 8UJ4

Local Rents

48 rents from £1.7K/mo to £6.9K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,60008/240.11 miClandon Street, London, SE83
£3,50012/240.15 mi-3
£2,75008/240.2 miElverson Road London SE83
£2,75008/240.2 miElverson Road, Deptford, SE83
£2,75008/240.2 miElverson Road, Deptford, SE83
£1,70009/240.21 mi-3
£1,70009/240.21 mi-3
£2,60008/240.23 miBreakspears Road, London, SE43
£2,99508/240.24 miBreakspears Road, London, SE44
£2,20002/250.25 mi-3
£2,40002/250.25 mi-3
£3,00003/250.26 mi-3
£1,85012/240.28 mi-3
£2,50008/240.28 miTanners Mews, Deptford, London, SE83
£4,46308/240.28 miServite House, Beck Close, Deptford, New Cross, London, SE13 7RE6
£2,40009/240.29 miTanners Hill, London, SE8 4PZ3
£2,39611/230.29 miTanners Hill, London, SE83
£2,05008/240.29 miTanners Hill, London, SE83
£3,30008/240.3 miSeager Place3
£4,74508/240.3 miSeager Place3
£2,39012/240.3 mi-4
£2,70008/240.3 miSeager Place, London, SE83
£2,80008/240.3 miSeager Place, Deptford, London, SE83
£3,15008/240.3 miThe Crescent, London, SE83
£2,80009/240.3 mi-3
£4,10008/240.3 mi-3
£2,80008/240.3 miSeager Place, Deptford3
£2,75008/240.3 miSeager Place, Deptford3
£2,70008/240.3 miThe Crescent, 2 Seager Place, Deptford, London, SE83
£4,29008/240.3 miFranklin Place, Deptford, Lewisham, Blackheath, Greenwich, London, SE13 7ES5
£3,90003/250.3 mi-5
£4,20008/240.3 mi-6
£4,20009/240.3 mi-6
£4,40009/240.31 mi-5
£4,00010/240.31 mi-5
£4,00010/240.31 mi-5
£4,50708/240.31 miFranklin Place, Deptford, Lewisham, Blackheath, London, SE13 7ES6
£4,30010/240.31 mi-6
£3,70001/250.31 mi-5
£6,90008/240.31 miLoampit Hill, London, SE134
£4,31208/240.31 miFranklin Place, Blackheath, Greenwich, Deptford, London, SE13 7ES5
£2,50008/240.32 miNectarine Way, Lewisham, SE134
£3,25008/240.34 miUpper Brockley Road, Brockley, London, SE44
£2,75008/240.34 miPoppyfield House, Copperwood Place, London, SE103
£3,20011/240.35 mi-4
£3,20008/240.35 miHeston Street, London, SE144
£2,60001/250.36 mi-3
£2,45002/250.36 mi-3

Local Area Statistics

Population in SE8

27,490

Population in London

4,771,921

Town centre distance

5.38 miles away

Nearest school

0.10 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

-9%

Property History

Listed for £850,000

February 12, 2025

Floor Plans

Description

  • Chain Free +
  • Victorian Family Home +
  • 1738 sq ft / 161.5 sq m +
  • St Johns Conservation Area +
  • Cellar & Loft Space for Storage +
  • Private Garden +
  • Great Local Amenities +
  • Excellent Transport Links +

£850 000 to £900 000 GUIDE PRICE

John Payne are delighted to market CHAIN FREE this generous four bedroom, Victorian-built terraced house, located on one of the most attractive tree-lined residential streets of the exclusive St. Johns’ conservation area.

Oozing potential for renovation, this home offers spacious accommodation over 1700 square feet, briefly comprising separate living and dining rooms with beautiful high ceiliings, four double bedrooms, a family bathroom, plus kitchen with access to a large private rear garden.

Further benefits include loft space and an enormous cellar primed for storage, a low maintenance front garden, convenient for bins and bikes et cetera. There is great potential to be extended up, out and even down (subject to the relevant permissions being obtained).

Excellent transport links from St. Johns (zone 2), New Cross Gate and New Cross Station (zone 2), or Lewisham rail, DLR (Elverson Road or Deptford Bridge) or bus Links (for overland). Greenwich (1 mile) and Blackheath are nearby and easily walkable, and offer a wonderful array of shops, bars, restaurants, and attractions.

There are great local amenities at short walking distance, including the Saturday Brockley Farmer's Market, pubs, restaurants, cafes, parks, cinemas, Universities (including Goldsmiths), and the popular Ashmead primary school. In addition, 3 other schools are located within 0.5 miles. Ashmead primary school (and its nursery provision) is a very well-regarded primary school that is located a minute away from the property, so one would say that all bases are covered with this property.

Royal Borough of Greenwich - Tax Band D

Agent Details

John Payne, Greenwich

020 8016 3251

Next Steps?

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