2 Bed Flat, Single Let, London, SE25 6QT, £325,000

Sangley Road, South Norwood, SE25 6QT - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£207.5K - £386K
Sold Prices/m²	£3.4K/m² - £7K/m²

Square Metres	~68.11 m²
Price/m²	£4.8K/m²
Value Estimate	£333,251£333,251
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£999 - £2,750£999 - £2,750
Rent Estimate	£1,388
Running Costs/mo	£1,313£1,313
Cashflow/mo	£75£75
Cashflow/yr	£897£897
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £207.5K to £386K, average is £299K. £3.4K/m² to £7K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£355K	01/23	0.06 mi	299, Holmesdale Road, London, Greater London SE25 6PR	£5,299	67	2	Flat
£260K	03/23	0.14 mi	94, Whitworth Road, London, Greater London SE25 6XL	-	-	2	Flat
£207.5K	07/21	0.15 mi	221a, Whitehorse Lane, London, Greater London SE25 6UU	-	-	2	Flat
£280K	01/23	0.16 mi	269a, Whitehorse Lane, London, Greater London SE25 6UP	£4,912	57	2	Flat
£365K	12/20	0.22 mi	Flat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£362K	03/21	0.22 mi	Flat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£315K	02/23	0.23 mi	Flat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN	-	-	2	Flat
£328.8K	02/23	0.29 mi	Flat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ	-	-	2	Flat
£275K	10/20	0.3 mi	Flat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH	-	-	2	Flat
£290K	08/21	0.33 mi	21, Cargreen Road, London, Greater London SE25 5AD	£5,145	56	2	Flat
£292.5K	12/20	0.43 mi	25a, Lancaster Road, London, Greater London SE25 4BJ	£6,094	48	2	Flat
£280K	08/21	0.44 mi	Flat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW	-	-	2	Flat
£235K	02/23	0.46 mi	430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB	-	-	2	Flat
£288K	02/21	0.47 mi	68a, Holmesdale Road, London, Greater London SE25 6JF	£5,333	54	2	Flat
£260K	03/21	0.47 mi	Flat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX	-	-	2	Flat
£330K	08/21	0.5 mi	60a, Crowther Road, London, Greater London SE25 5QP	-	-	2	Flat
£290K	06/23	0.51 mi	84, Watson Place, London, Greater London SE25 5FA	£4,394	66	2	Flat
£325K	11/21	0.51 mi	199, Grange Road, London, Greater London SE25 6TG	£4,643	70	2	Flat
£280K	06/23	0.51 mi	11a, Crowther Road, London, Greater London SE25 5QW	-	-	2	Flat
£307.5K	06/21	0.52 mi	53, Hythe Road, Thornton Heath, Greater London CR7 8QR	£4,457	69	2	Flat
£245K	04/21	0.53 mi	Flat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB	£4,016	61	2	Flat
£330K	11/20	0.53 mi	Flat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB	-	-	2	Flat
£250K	02/21	0.55 mi	14, St Marks Road, London, Greater London SE25 4UH	£3,378	74	2	Flat
£307K	08/21	0.56 mi	62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,386	70	2	Flat
£275K	06/21	0.56 mi	64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,044	68	2	Flat
£300K	04/23	0.56 mi	70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,615	65	2	Flat
£330K	04/21	0.59 mi	301, Grange Road, London, Greater London SE25 6TD	£4,024	82	2	Flat
£346K	01/21	0.6 mi	51a, Dagnall Park, London, Greater London SE25 5EG	£4,873	71	2	Flat
£325K	10/22	0.6 mi	3, Natal Road, Thornton Heath, Greater London CR7 8QH	-	-	2	Flat
£240K	07/23	0.6 mi	5, Gillett Road, Thornton Heath, Greater London CR7 8RL	-	-	2	Flat
£295K	12/22	0.61 mi	63b, Saxon Road, London, Greater London SE25 5EH	-	-	2	Flat
£365K	11/22	0.62 mi	227, Mersham Road, Thornton Heath, Greater London CR7 8NW	£5,615	65	2	Flat
£290K	02/21	0.63 mi	179, Mersham Road, Thornton Heath, Greater London CR7 8NU	£4,203	69	2	Flat
£289K	02/21	0.63 mi	181, Mersham Road, Thornton Heath, Greater London CR7 8NU	£4,313	67	2	Flat
£325K	01/21	0.65 mi	98, Albert Road, London, Greater London SE25 4JW	£5,909	55	2	Flat
£367K	05/21	0.65 mi	64a, Enmore Road, London, Greater London SE25 5NG	-	-	2	Flat
£300K	12/20	0.7 mi	294, Grange Road, Upper Norwood, London, Greater London SE19 3DF	£5,357	56	2	Flat
£270K	10/21	0.7 mi	15, Norwich Road, Thornton Heath, Greater London CR7 8NA	£4,821	56	2	Flat
£365K	01/21	0.71 mi	36, Archer Road, London, Greater London SE25 4JN	£5,794	63	2	Flat
£300K	09/21	0.71 mi	50, Archer Road, London, Greater London SE25 4JN	£5,348	56	2	Flat
£300K	11/20	0.72 mi	13, Haysleigh Gardens, London, Greater London SE20 8SS	£6,977	43	2	Flat
£290K	10/21	0.74 mi	9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ	-	-	2	Flat
£360K	01/21	0.75 mi	4, Ingatestone Road, London, Greater London SE25 4LG	£4,615	78	2	Flat
£285K	01/21	0.75 mi	3, Ingatestone Road, London, Greater London SE25 4LG	£5,377	53	2	Flat
£386K	03/23	0.75 mi	47, Ingatestone Road, London, Greater London SE25 4LG	£5,594	69	2	Flat
£360K	08/23	0.75 mi	34, Ingatestone Road, London, Greater London SE25 4LG	£4,932	73	2	Flat
£265K	03/23	0.75 mi	Flat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT	-	-	2	Flat
£350K	01/21	0.75 mi	115, Harrington Road, London, Greater London SE25 4NP	£6,354	55	2	Flat
£298K	01/23	0.75 mi	Flat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT	-	-	2	Flat
£295K	08/21	0.76 mi	216, Chancellor Court, Bensham Manor Road, Thornton Heath, Greater London CR7 7AW	£4,097	72	2	Flat

Local Rents

48 rents from £999/mo to £2.8K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	03/25	0.05 mi	-	2	Flat
£1,500	09/24	0.07 mi	-	2	Flat
£1,500	08/24	0.07 mi	Whitworth Road, London, SE25	2	Flat
£1,300	08/24	0.07 mi	-	2	Flat
£1,650	03/25	0.08 mi	-	2	Flat
£1,600	08/24	0.08 mi	-	2	Flat
£1,600	08/24	0.09 mi	76 Whitworth Road, London, SE25	2	Flat
£1,650	08/24	0.09 mi	-	2	Flat
£999	08/24	0.09 mi	Whitworth Road, South Norwood, SE25	2	Flat
£1,600	08/24	0.09 mi	Flat B, Oliver Avenue, South Norwood, SE25	2	Flat
£1,850	08/24	0.11 mi	Holmesdale Road, South Norwood	2	Flat
£2,000	04/25	0.12 mi	-	2	Flat
£2,000	08/24	0.13 mi	Whitehorse Lane, London, SE25	2	Terraced House
£1,500	08/24	0.15 mi	Whitehorse Lane, London, SE25	2	Flat
£1,800	08/24	0.16 mi	-	2	Flat
£1,850	08/24	0.16 mi	BROSTER GARDENS, LONDON, SE25, South Norwood, London, SE25	2	Terraced House
£1,850	08/24	0.17 mi	Broster Gardens London SE25	2	House
£1,650	08/24	0.17 mi	Holmesdale Close London SE25	2	Flat
£1,700	08/24	0.18 mi	-	2	Flat
£1,795	11/23	0.18 mi	Broster Gardens, South Norwood, SE25	2	House
£1,595	08/24	0.19 mi	Boston Court, Selhurst Road, South Norwood, SE25	2	Flat
£2,250	08/24	0.21 mi	-	2	Terraced House
£1,695	08/24	0.22 mi	-	2	Flat
£1,700	10/24	0.24 mi	-	2	Flat
£1,750	08/24	0.24 mi	Selhurst Road, London, SE25	2	Flat
£1,900	08/24	0.24 mi	-	2	Flat
£1,550	02/24	0.24 mi	-	2	Flat
£1,695	01/25	0.24 mi	-	2	Flat
£1,695	03/25	0.24 mi	-	2	Flat
£1,650	08/24	0.25 mi	St. Dunstans Road, London	2	Flat
£1,700	08/24	0.25 mi	Clifton Road, London	2	Flat
£2,000	08/24	0.25 mi	Whitehorse Lane, South Norwood	2	Terraced House
£2,500	08/24	0.25 mi	-	2	Flat
£2,600	10/24	0.25 mi	-	2	Flat
£2,650	09/24	0.25 mi	-	2	Flat
£2,750	01/25	0.25 mi	-	2	Flat
£2,450	02/25	0.25 mi	-	2	Flat
£1,400	09/24	0.26 mi	Tennison Road, South Norwood, SE25	2	Flat
£1,400	08/24	0.26 mi	-	2	Flat
£1,500	08/24	0.26 mi	Clifton Road, London, SE25	2	Flat
£1,400	08/24	0.27 mi	Clifton Road, London, SE25	2	Flat
£1,800	08/24	0.28 mi	-	2	Flat
£1,700	08/24	0.28 mi	Clifton Road, London	2	Flat
£1,900	08/24	0.28 mi	-	2	Flat
£1,900	08/24	0.28 mi	-	2	Flat
£1,650	04/25	0.28 mi	-	2	Flat
£2,000	08/24	0.28 mi	-	2	Flat
£1,700	03/25	0.28 mi	-	2	Flat

Local Area Statistics

Population in SE25	34,49534,495
Population in London	4,771,9214,771,921
Town centre distance	8.95 miles away8.95 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-6%-6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £325,000

February 24, 2025

Description

2 BEDROOMS +
PERIOD FEATURES +
HIGH CEILINGS +
SPLIT LEVEL +
10FT MODERN KITCHEN +
LUXURY BATHROOM +
TASTEFULLY DECORATED +
CONVENIENTLY LOCATED FOR NORWOOD JUNCTION AND SELHURST ROAD +
DOUBLE GLAZED +

A spacious and stylish two-bedroom first floor split level Victorian conversion that exceeds the ordinary. Boasting a modern interior adorned with high-end finishes, this residence showcases a generously proportioned kitchen. Two Double bedrooms, a modern bathroom, good size lounge, loft and additional storage with lots of beautiful character.

Situated in the highly sought-after Road, this property enjoys an unrivalled location, just a leisurely stroll away from the bustling Norwood Junction Station. This strategic position ensures a swift 12-minute commute to London Bridge, with easy access to other key destinations such as Victoria, East Croydon, Clapham Junction, and Gatwick. Beyond its proximity to major transportation hubs, Sangley Road offers a lifestyle of convenience, being in close proximity to local shops, bus stops, and an array of restaurants. Schools, parks, and a leisure centre add to the neighbourhood's charm, while the nearby South Norwood Lakes provide a tranquil retreat, making this residence an ideal choice for those seeking both vibrancy and serenity. Also offering Selhurst Station minutes away making this flat in a prime location, modern amenities, and thoughtful design, this residence beckons you to embark on a new chapter of comfortable and stylish living.

Agent Details

Jukes & Co Estate Agents, South Norwood

020 3835 5432

Next Steps?

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

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