2 Bed Terraced House, Single Let, London, SE13 6DQ, £325,000

Morley Road, London, SE13 6DQ - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£380K - £2.0M
Sold Prices/m²£4.9K/m² - £27K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£403,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,400 - £2,500

Rent Estimate

£1,550

Running Costs/mo

£1,346

Cashflow/mo

£204

Cashflow/yr

£2,453

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £380K to £2.0M, average is £552.5K. £4.9K/m² to £27K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£480K04/230.21 mi11, Wrights Close, London, Greater London SE13 5HP2
£440K04/210.25 mi78, Gilmore Road, London, Greater London SE13 5AA2
£530K01/210.26 mi5, Church Grove, London, Greater London SE13 7UU2
£600K09/210.3 mi35, Ladywell Road, London, Greater London SE13 7UT2
£516K06/220.31 mi35, Thornford Road, London, Greater London SE13 6SG2
£580K12/200.32 mi50, Harvard Road, London, Greater London SE13 6SF2
£742K07/230.34 mi15, Leahurst Road, London, Greater London SE13 5HX2
£505K12/200.34 mi15, Harvard Road, London, Greater London SE13 6SE2
£597K01/230.35 mi61, Knowles Hill Crescent, London, Greater London SE13 6DT2
£675K01/230.37 mi109, Embleton Road, London, Greater London SE13 7DQ2
£580K05/230.38 mi32, Nightingale Grove, London, Greater London SE13 6DY2
£432K02/210.39 mi44, Nightingale Grove, London, Greater London SE13 6DY2
£533K10/200.39 mi1, Littlewood, London, Greater London SE13 6SD2
£740K12/200.39 mi109, Leahurst Road, London, Greater London SE13 5HY2
£670K09/210.39 mi101, Leahurst Road, London, Greater London SE13 5HY2
£565K12/230.4 mi4, Littlewood, London, Greater London SE13 6SD2
£535K06/220.41 mi8, Brookbank Road, London, Greater London SE13 7BT2
£750K10/230.42 mi55, Ellerdale Street, London, Greater London SE13 7JX2
£427.5K11/230.45 mi48c, Mount Pleasant Road, London, Greater London SE13 6RE2
£500K07/210.46 mi7, Malyons Terrace, London, Greater London SE13 7XJ2
£380K04/230.47 mi122, Mount Pleasant Road, London, Greater London SE13 6HX2
£436K11/220.48 mi3b, Northbrook Road, London, Greater London SE13 5QT2
£575K09/230.49 mi56a, Vicars Hill, London, Greater London SE13 7JL2
£575K05/210.49 mi14, Brookbank Road, London, Greater London SE13 7BT2
£567.5K05/210.49 mi20, Brookbank Road, London, Greater London SE13 7BT2
£575K04/210.5 mi124, Leahurst Road, London, Greater London SE13 5NN2
£652K02/210.5 mi94, Leahurst Road, London, Greater London SE13 5NN2
£670K02/240.5 mi108, Leahurst Road, London, Greater London SE13 5NN2
£640K12/230.5 mi25, Longhurst Road, London, Greater London SE13 5LR2
£450K11/230.5 mi45, Longhurst Road, London, Greater London SE13 5LR2
£475K10/210.52 mi154, George Lane, London, Greater London SE13 6HW2
£550K09/210.52 mi13, Branscombe Street, London, Greater London SE13 7AY2
£510K12/200.53 mi15, Roxley Road, London, Greater London SE13 6HG2
£535K07/230.56 mi7, Wolfram Close, London, Greater London SE13 5QR2
£555K10/230.56 mi4, George Lane, London, Greater London SE13 6HH2
£680K12/230.59 mi72, Longhurst Road, London, Greater London SE13 5LZ2
£550K03/210.61 miGround Floor Flat, 48, Halesworth Road, London, Greater London SE13 7TL2
£640K12/230.63 mi32, Brightside Road, London, Greater London SE13 6EW2
£385K02/210.64 miFlat 37, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£2.0M05/230.65 mi15, Granville Park, London, Greater London SE13 7DY2
£450K12/200.66 mi42, Lullingstone Lane, London, Greater London SE13 6UH2
£438K03/210.66 mi40, Lullingstone Lane, London, Greater London SE13 6UH2
£455K02/210.66 mi71, Lullingstone Lane, London, Greater London SE13 6UH2
£450K04/210.68 mi76, Stainton Road, London, Greater London SE6 1AR2
£700K12/200.7 miGarden Flat, 14, Lee Terrace, London, Greater London SE3 9TZ2
£485K04/230.7 mi11, Bradgate Road, London, Greater London SE6 4TT2
£555K05/220.74 mi32, Leathwell Road, London, Greater London SE8 4JL2
£641K01/210.75 mi67, Manor Lane, London, Greater London SE12 8LS2
£449K10/230.76 miLower Maisonette, 268, Leahurst Road, London, Greater London SE13 5LT2
£689.5K12/200.76 mi72, Taunton Road, London, Greater London SE12 8PB2

Local Rents

49 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70008/240.05 miCourthill Road, Lewisham2
£1,55012/240.06 mi-2
£1,60010/240.08 mi-2
£1,60008/240.09 miLongbridge Way, London, SE132
£1,60008/240.09 miLongbridge Way, London, SE132
£1,85008/240.1 miLewisham High Street, Lewisham, SE132
£1,80009/240.1 miLimes Grove London SE132
£2,15001/250.1 mi-2
£1,85004/250.1 mi-2
£1,85003/250.1 mi-2
£1,75012/240.12 mi-2
£1,85011/240.12 mi-2
£1,75008/240.12 miCurness Street, Lewisham, SE13 6JY2
£1,90002/250.12 mi-2
£1,80010/240.13 mi-2
£2,25004/250.16 mi-2
£1,75011/240.18 mi-2
£2,50008/240.18 miCampshill Road London SE132
£1,60010/240.19 mi-2
£2,10008/240.2 miRiverdale House, 68 Molesworth Street, SE132
£1,65008/240.21 miRyecroft Road, Hither Green, SE132
£2,30008/240.21 miRiverdale House, Lewisham, SE132
£1,80004/250.23 mi-2
£1,75008/240.23 miRomborough Way, Lewisham, London, SE132
£1,55008/240.24 miCourthill Road, SE132
£1,60008/240.24 mi-2
£1,40008/240.25 miWisteria Road, Lewisham, London, SE13 5HW2
£1,60008/240.27 miCourthill Road, Lewisham, SE132
£1,70008/240.28 miLewis Grove, Lewisham, SE132
£2,30011/240.29 mi-2
£2,30011/240.29 mi-2
£1,80002/240.3 mi-2
£1,90001/250.3 mi-2
£1,85008/240.3 miEastdown Park, SE132
£1,80008/240.31 miRiva Building, SE132
£1,85008/240.31 mi-2
£2,40008/240.32 miStation Road, London, SE132
£1,70008/240.32 miLee High Road, Canary Wharf, SE132
£1,80008/240.32 miLee High Road, Canary Wharf, SE132
£1,60008/240.32 miLee High Road, Lewisham, SE132
£1,69908/240.32 miLee High Road, London, SE132
£1,70008/240.32 miLee High Road, Lewisham2
£1,85004/250.32 mi-2
£1,95002/250.32 mi-2
£1,90002/250.32 mi-2
£2,20009/240.32 miBrick Kiln One, Station Road, London, SE132
£2,20009/240.32 mi-2
£2,40010/240.32 mi-2
£1,95001/250.32 mi-2

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

6.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £325,000

February 26, 2025

Floor Plans

Description

  • Chain Free +
  • Two bedroom +
  • SC £1,654 per annum GR £150 per annum +
  • Excellent condition throughout +
  • Lewisham Railway & DLR 0.6m +
  • Energy Efficiency Rating - C +
  • Long Lease +
  • Safe Intercom System +
  • Bright & Airy +
  • Lovely Private Terrace +

Yopa is proud to market this modern two bedroom apartment presented in excellent condition in a prime London location, perfect for first time buyers or buy-to-let investors.  This popular ground floor modern build has a 169 year lease and offers spacious and contemporary living with two double bedrooms and the added benefit of a south facing private terrace.  Set just off Lewisham High Street the property is very bright and airy with spacious open plan living room/kitchen, double glazed windows and natural solid oak flooring throughout. It is situated a five minute walk to the Shopping Centre and close to Lewisham (DLR), Hither Green and Ladywell train stations directly linked to London Bridge, Waterloo and Victoria. This property is available to view by-appointment-only now! EPC band: C  Service Charge £1,654 per annum Ground Rent £150 per annum  Remaining lease 190 years 

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South East & London

01322 952994

Next Steps?

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