2 Bed Flat, Single Let, Wallington, SM6 0BQ, £300,000

Springfield Road, Wallington, SM6 0BQ - 1 views - 2 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£141K - £646K
Sold Prices/m²£3.4K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£353,794
BMV18%

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

£1,275 - £2,000

Rent Estimate

£1,394

Running Costs/mo

£1,236

Cashflow/mo

£158

Cashflow/yr

£1,892

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £141K to £646K, average is £321.1K. £3.4K/m² to £6.9K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£340K06/210.12 mi45, Park Road, Wallington, Greater London SM6 8AA2
£287K02/210.15 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.15 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.15 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£430K09/210.15 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£141K01/210.2 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£345K02/210.2 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£255K07/230.23 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£330K03/210.23 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£335K06/230.24 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£272.5K12/200.24 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£321K11/200.24 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.24 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£347.5K07/230.28 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£297.5K06/210.28 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.28 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£295K06/210.3 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.3 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.3 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£260K02/210.33 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.33 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.33 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K08/210.33 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£325K01/210.41 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.41 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£646K06/210.46 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£375K02/230.46 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£320K05/210.51 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.51 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£340K03/230.53 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£279K10/210.55 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.55 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£230K01/230.55 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£190K10/210.56 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£312K11/200.6 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2
£365K03/210.64 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£321.3K05/210.67 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£305K10/200.67 mi27, Beynon Road, Carshalton, Greater London SM5 3RW2
£300K02/210.67 mi26, Beynon Road, Carshalton, Greater London SM5 3RW2
£274.5K10/210.68 mi61, Caraway Place, Wallington, Greater London SM6 7AG2
£276K10/200.68 mi59, Caraway Place, Wallington, Greater London SM6 7AG2
£335K06/210.71 mi34, North Street, Carshalton, Greater London SM5 2JD2
£325K11/220.72 mi1, Dover Gardens, Carshalton, Greater London SM5 2LD2
£342K10/210.73 mi31, Sycamore Close, Carshalton, Greater London SM5 2PS2
£329K02/210.73 mi20, Sycamore Close, Carshalton, Greater London SM5 2PS2
£322K03/210.73 mi4, Sycamore Close, Carshalton, Greater London SM5 2PS2
£320K03/230.75 mi90, Denmark Road, Carshalton, Greater London SM5 2JW2
£335K11/200.75 mi80, Denmark Road, Carshalton, Greater London SM5 2JW2
£348K08/230.76 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£350K11/220.76 mi1a, Park Hill, Carshalton, Greater London SM5 3RS2

Local Rents

51 rents from £1.3K/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.07 mi-2
£1,80008/240.09 mi-2
£1,80008/240.09 mi-2
£1,45010/240.11 mi-2
£1,47508/240.12 miGrosvenor Road, WALLINGTON2
£1,50009/240.12 miCanon Court, 91 Manor Road, Wallington, SM62
£1,45008/240.13 mi91 Manor Road, Wallington2
£1,65009/240.13 miManor Road Wallington SM62
£1,60009/240.14 miMaldon Road, Wallington2
£1,50002/240.15 miMelbourne Road, Wallington, Surrey, SM62
£1,50009/240.15 mi17 Parkgate Road, Wallington, SM62
£1,50009/240.16 miBelmont Road, WALLINGTON2
£1,27509/240.18 miMaldon Road Wallington SM62
£1,50008/240.18 miParkgate Road, Wallington, SM62
£1,60008/240.18 mi-2
£1,60008/240.18 mi-2
£1,55003/250.18 mi-2
£1,60008/240.18 miMaldon Road, Wallington, SM62
£1,40008/240.19 miBute Court, Bute Road, Wallington, SM62
£1,55008/240.2 miMaldon Road, Wallington, SM62
£1,85001/250.21 mi-2
£1,60004/250.23 mi-2
£1,60009/240.25 miBeddington Gardens, Wallington, SM62
£1,75012/240.25 mi-2
£1,75008/240.27 mi-2
£1,50009/240.29 miWoodcote Road, Wallington, SM62
£1,65010/240.3 mi-2
£1,50008/240.31 miCavalier Close Wallington SM62
£1,75009/240.31 miCavalier Close, Wallington, SM62
£1,50009/240.33 mi-2
£1,55010/240.33 mi-2
£1,45008/240.34 miClarendon Road, WALLINGTON2
£1,35008/240.34 miRosemount Clarendon Road Wallington SM6 8RW2
£1,60009/240.34 mi-2
£1,60009/240.36 miHolmwood Gardens, Wallington, SM62
£1,60011/240.36 mi-2
£2,00009/240.37 miRotherfield Road, Carshalton, SM52
£1,55002/240.38 mi-2
£1,90009/240.42 miStafford Road, Wallington, SM62
£1,90010/240.42 mi-2
£1,60009/240.42 mi-2
£1,75008/240.43 miStafford Road, Wallington, Surrey, SM62
£1,80009/240.43 miStanley Park Road2
£1,65009/240.44 mi-2
£1,60008/240.44 miCaledon Road, Wallington, Surrey, SM62
£1,65009/240.44 miJasmine Court, Wallington, SM62
£1,65009/240.44 mi-2
£1,50008/240.45 miStanley Park Road, Wallington, SM62
£1,60010/240.46 mi-2
£1,55008/240.46 mi-2
£1,70003/250.47 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

February 17, 2025

Floor Plans

Description

  • Double Glazed Windows +
  • Gas Central Heating +
  • Near BR Station & Town Centre +
  • Security Entryphone System +
  • Garage En-Bloc +
  • Council Tax Band: C +
  • No Chain Above +
  • Recently Redecorated +

A beautifully presented two double bedroom flat situated on the ground floor of this popular and sought after purpose built block. The property has just been re-decorated throughout and is conveniently located being within 0.2 of a mile walk to Wallington railway station and town centre. There is no onward chain and would be ideal for a First Time Buyer. EPC Rating: C

Agent Details

Homecare Estates, Wallington

020 3917 4768

Next Steps?

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