2 Bed Flat, Single Let, Orpington, BR6 0SS, £278,000

Wood Martyn Court, Augustus Lane, Orpington, BR6 0SS - 3 views - 2 months ago

Sold STC

Leasehold

BTL

ROI: 4%

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£141.8K - £677K
Sold Prices/m²	£2.5K/m² - £8.6K/m²

Square Metres	~68.11 m²
Price/m²	£4.1K/m²
Value Estimate	£329,569£329,569
BMV	19%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£69,500£69,500
Stamp Duty & Legal Fees	£10,940£10,940
Total Cash In	£80,440£80,440

Cash Out
Rent Range	£1,300 - £1,885£1,300 - £1,885
Rent Estimate	£1,450
Running Costs/mo	£1,179£1,179
Cashflow/mo	£271£271
Cashflow/yr	£3,255£3,255
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £141.8K to £677K, average is £287.3K. £2.5K/m² to £8.6K/m², average is £5.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£330K	02/21	0.14 mi	18a, The Drive, Orpington, Greater London BR6 9AP	£6,346	52	2	Flat
£285K	03/21	0.29 mi	4, Badgers Copse, Orpington, Greater London BR6 0XB	£5,938	48	2	Flat
£346K	10/22	0.6 mi	4a, Southcroft Road, Orpington, Greater London BR6 9QQ	-	-	2	Flat
£360K	07/21	0.6 mi	6, Southcroft Road, Orpington, Greater London BR6 9QQ	£5,455	66	2	Flat
£280K	12/22	0.67 mi	12, Mitchell Road, Orpington, Greater London BR6 9TP	£6,100	46	2	Flat
£272.5K	02/21	0.67 mi	28, Mitchell Road, Orpington, Greater London BR6 9TP	£5,798	47	2	Flat
£282.5K	03/21	0.73 mi	12, Marlborough Close, Orpington, Greater London BR6 0TY	£4,358	65	2	Flat
£280K	06/21	0.78 mi	78, Coleridge Way, Orpington, Greater London BR6 0UQ	£4,444	63	2	Flat
£330K	05/21	0.82 mi	34, Tandridge Drive, Orpington, Greater London BR6 8BZ	£4,342	76	2	Flat
£240K	06/21	0.88 mi	62, Bournewood Road, Orpington, Greater London BR5 4JL	-	-	2	Flat
£265K	08/21	0.89 mi	111, Dyke Drive, Orpington, Greater London BR5 4LY	£4,274	62	2	Flat
£315K	04/23	0.9 mi	49, Oakdene Road, Orpington, Greater London BR5 2AL	£5,943	53	2	Flat
£275K	02/21	0.9 mi	300, Court Road, Orpington, Greater London BR6 9DA	£4,508	61	2	Flat
£267K	02/21	0.91 mi	36, Haydens Close, Orpington, Greater London BR5 4JE	£4,684	57	2	Flat
£280.5K	02/23	0.91 mi	139, Oakdene Road, Orpington, Greater London BR5 2AP	£5,194	54	2	Flat
£280K	02/21	0.93 mi	127, Oakdene Road, Orpington, Greater London BR5 2AP	£6,087	46	2	Flat
£250K	02/21	0.97 mi	9, Barnesdale Crescent, Orpington, Greater London BR5 2AU	£4,902	51	2	Flat
£325K	12/22	0.97 mi	45, Barnesdale Crescent, Orpington, Greater London BR5 2AU	£8,553	38	2	Flat
£260K	07/21	1.02 mi	15a, Crescent Way, Orpington, Greater London BR6 9LS	£4,407	59	2	Flat
£310K	02/21	1.04 mi	37, Clareville Road, Orpington, Greater London BR5 1RU	£4,844	64	2	Flat
£330K	11/22	1.05 mi	89, Clareville Road, Orpington, Greater London BR5 1RU	£5,746	57	2	Flat
£370K	01/23	1.07 mi	18, Killewarren Way, Orpington, Greater London BR5 4DJ	-	-	2	Flat
£677K	05/21	1.09 mi	12, St Georges Road, Petts Wood, Orpington, Greater London BR5 1JD	£7,280	93	2	Flat
£330K	12/22	1.12 mi	109, Clareville Road, Orpington, Greater London BR5 1RU	-	-	2	Flat
£287.5K	10/20	1.16 mi	25a, Edgewood Drive, Orpington, Greater London BR6 6LG	£3,833	75	2	Flat
£287K	09/21	1.16 mi	7, Red Lion Close, Orpington, Greater London BR5 4AP	£4,521	63	2	Flat
£280K	08/21	1.17 mi	52a, Edgewood Drive, Orpington, Greater London BR6 6LH	-	-	2	Flat
£325K	01/23	1.18 mi	56, Edgewood Drive, Orpington, Greater London BR6 6LH	-	-	2	Flat
£307.5K	01/23	1.21 mi	18, Shepperton Road, Petts Wood, Orpington, Greater London BR5 1DN	-	-	2	Flat
£298K	08/21	1.21 mi	36, Shepperton Road, Petts Wood, Orpington, Greater London BR5 1DN	£6,622	45	2	Flat
£310K	01/21	1.21 mi	21a, Eynsford Close, Petts Wood, Orpington, Greater London BR5 1DP	£7,045	44	2	Flat
£276K	03/21	1.22 mi	59a, Shepperton Road, Petts Wood, Orpington, Greater London BR5 1DL	£6,227	44	2	Flat
£315K	02/23	1.23 mi	59a, Shepperton Road, Petts Wood, Orpington, Greater London BR5 1DL	£7,107	44	2	Flat
£152.5K	06/21	1.23 mi	9b, Stanley Way, Orpington, Greater London BR5 2HE	£2,470	62	2	Flat
£180K	03/21	1.23 mi	7b, Stanley Way, Orpington, Greater London BR5 2HE	£2,951	61	2	Flat
£260K	06/23	1.23 mi	7b, Stanley Way, Orpington, Greater London BR5 2HE	£4,262	61	2	Flat
£302K	12/20	1.24 mi	15, Kenilworth Road, Petts Wood, Orpington, Greater London BR5 1DY	£6,864	44	2	Flat
£270K	05/23	1.24 mi	5, Kenilworth Road, Petts Wood, Orpington, Greater London BR5 1DY	£5,811	46	2	Flat
£297K	04/23	1.24 mi	5a, Kenilworth Road, Petts Wood, Orpington, Greater London BR5 1DY	£6,982	43	2	Flat
£320K	10/22	1.26 mi	5a, Transmere Road, Petts Wood, Orpington, Greater London BR5 1DT	£7,619	42	2	Flat
£141.8K	06/21	1.27 mi	Flat 7, Amethyst Court, Farnborough Hill, Orpington, Greater London BR6 6BF	-	-	2	Flat
£206.5K	11/22	1.27 mi	Flat 11, Amethyst Court, Farnborough Hill, Orpington, Greater London BR6 6BF	-	-	2	Flat
£260K	04/23	1.27 mi	47a, Windsor Drive, Orpington, Greater London BR6 6EZ	£5,532	47	2	Flat
£313.5K	03/21	1.27 mi	3, Transmere Road, Petts Wood, Orpington, Greater London BR5 1DT	£7,125	44	2	Flat
£277K	10/22	1.28 mi	33, Sidmouth Road, Orpington, Greater London BR5 2EQ	-	-	2	Flat
£240K	05/23	1.28 mi	11, Cray Valley Road, St Mary Cray, Orpington, Greater London BR5 2EY	£4,615	52	2	Flat
£310K	03/21	1.29 mi	43, Transmere Close, Petts Wood, Orpington, Greater London BR5 1DX	£7,750	40	2	Flat
£305K	03/21	1.3 mi	61a, Windsor Drive, Orpington, Greater London BR6 6HD	£5,911	52	2	Flat
£318K	06/21	1.3 mi	69, Windsor Drive, Orpington, Greater London BR6 6HD	£6,360	50	2	Flat
£310K	02/21	1.3 mi	63, Windsor Drive, Orpington, Greater London BR6 6HD	£7,045	44	2	Flat

Local Rents

42 rents from £1.3K/mo to £1.9K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	03/24	0 mi	Arbor House, 6 Station Road, ORPINGTON, Kent, BR6	2	Flat
£1,450	03/24	0 mi	Arbor House, 6 Station Road, ORPINGTON, Kent, BR6	2	Flat
£1,600	12/24	0.02 mi	-	2	Flat
£1,500	01/25	0.02 mi	-	2	Flat
£1,600	12/24	0.02 mi	Wood Martyn Court, Orpington, BR6	2	Flat
£1,500	12/24	0.03 mi	Station Road, Orpington	2	Flat
£1,800	12/24	0.05 mi	-	2	Flat
£1,800	04/25	0.06 mi	-	2	Flat
£1,700	03/25	0.07 mi	-	2	Flat
£1,600	01/24	0.09 mi	-	2	Flat
£1,500	12/24	0.09 mi	-	2	Flat
£1,550	01/25	0.09 mi	-	2	Flat
£1,550	04/25	0.09 mi	-	2	Flat
£1,750	01/24	0.1 mi	-	2	Flat
£1,885	02/25	0.2 mi	-	2	Flat
£1,850	12/24	0.2 mi	-	2	Flat
£1,750	04/25	0.21 mi	-	2	Flat
£1,800	12/24	0.21 mi	-	2	Flat
£1,800	03/24	0.21 mi	Sapphire House, Homefield Rise, Orpington, BR6	2	Flat
£1,800	12/24	0.21 mi	Homefield Rise Orpington BR6	2	Flat
£1,550	04/25	0.21 mi	-	2	Flat
£1,850	02/24	0.22 mi	-	2	Flat
£1,800	03/24	0.23 mi	Brunswick House, 15 Homefield Rise, Orpington	2	Flat
£1,700	12/24	0.27 mi	High Street Orpington BR6	2	Flat
£1,600	02/25	0.28 mi	-	2	Flat
£1,500	02/24	0.28 mi	-	2	Flat
£1,450	02/24	0.28 mi	-	2	Flat
£1,300	12/24	0.29 mi	High Street, Orpington, BR6	2	Flat
£1,745	12/24	0.36 mi	-	2	Flat
£1,750	12/24	0.43 mi	Church Hill Orpington BR6	2	Flat
£1,850	12/24	0.43 mi	Church Hill, Orpington, BR6	2	Flat
£1,750	12/24	0.44 mi	Church Hill, Orpington, BR6	2	Flat
£1,850	12/24	0.44 mi	Church Hill, Orpington, BR6	2	Flat
£1,500	12/24	0.44 mi	High Street, Orpington, BR6	2	Flat
£1,600	09/23	0.45 mi	Cross Road, Croydon, CR0	2	Flat
£1,850	12/24	0.46 mi	-	2	Semi-Detached House
£1,625	11/24	0.46 mi	-	2	Terraced House
£1,595	02/25	0.5 mi	-	2	Flat
£1,550	03/24	0.54 mi	Chislehurst Road, Orpington, BR6	2	Flat
£1,700	03/24	0.56 mi	Mountview Road, BR6	2	Terraced House
£1,800	03/25	0.61 mi	-	2	Terraced House
£1,650	12/24	0.61 mi	Southcroft Road, Orpington, BR6	2	Flat

Local Area Statistics

Population in BR6	46,06546,065
Population in Orpington	92,06892,068
Town centre distance	1.32 miles away1.32 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	0.36 miles away0.36 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £278,000

February 19, 2025

Floor Plans

Description

2 Bedroom Top Floor Apartment +
Excellent Access to Orpington High Street & Station +
Allocated Parking Space +
No Forward Chain +

Thomas Brown Estates are delighted to market this end of chain, top floor spacious two bedroom purpose built balcony apartment, forming part of a sought after development and situated in the centre of Orpington with excellent access to the High Street and Orpington Station. The property consists of a communal entrance hall with serviced lift, private entrance hall, large open plan living space with modern fitted kitchen leading to the balcony, two bedrooms and a family bathroom. The apartment block boasts a serviced lift for access, very well kept communal areas and allocated parking space. Please note the property does require decoration and this has been reflected in the asking price. Please call Thomas Brown Estate Agents in Orpington for an appointment to view this property.

COMMUNAL ENTRANCE Video entry system, stairs and service lift.

ENTRANCE HALL Storage cupboard, carpet, radiator.

LOUNGE/DINER 16' 09" x 10' 06" (5.11m x 3.2m) (open plan to kitchen) Sliding door to balcony, carpet, radiator.

KITCHEN 10' 06" x 6' 10" (3.2m x 2.08m) Range of matching wall and base units with worktops over, one and a half bowl stainless steel sink and drainer, integrated oven, integrated electric hob, integrated fridge/freezer, space for washing machine, vinyl flooring.

BEDROOM 1 19' 07" x 9' 01" (5.97m x 2.77m) Fitted wardrobes, double glazed window, carpet, radiator.

BEDROOM 2 13' 09" x 6' 05" (4.19m x 1.96m) Double glazed window, carpet, radiator.

BATHROOM Low level WC, wash hand basin, bath with shower attachment, vinyl flooring.

OTHER BENEFITS INCLUDE:

BALCONY

CENTRAL HEATING SYSTEM

ALLOCATED PARKING SPACE

ALARMED

LEASEHOLD 107 years remaining.

COUNCIL TAX BAND: D

SERVICE CHARGE & GROUND RENT (AS ADVISED BY VENDOR): Service charge: £2616 pa (£218 pm)
Ground rent: Zero
**Please note these charges may be subject to reviews and this should be verified by your solicitor.

Agent Details

Thomas Brown Estates, Orpington

01689 884444

Next Steps?

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