2 Bed Flat, Single Let, Westerham, TN16 3BB, £230,000

Main Road, Biggin Hill, Westerham, TN16 3BB - 1 views - 2 months ago

Leasehold

BTL

ROI: 5%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£170K - £330K
Sold Prices/m²	£2.7K/m² - £5.5K/m²

Square Metres	~68.11 m²
Price/m²	£3.4K/m²
Value Estimate	£287,500£287,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£57,500£57,500
Stamp Duty & Legal Fees	£8,100£8,100
Total Cash In	£65,600£65,600

Cash Out
Rent Range	£1,150 - £1,850£1,150 - £1,850
Rent Estimate	£1,251
Running Costs/mo	£989£989
Cashflow/mo	£262£262
Cashflow/yr	£3,145£3,145
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

23 sold prices from £170K to £330K, average is £280K. £2.7K/m² to £5.5K/m², average is £4.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	08/23	0.1 mi	Flat 10, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£270K	09/21	0.1 mi	Flat 29, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£270K	06/21	0.1 mi	Flat 20, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£280K	09/23	0.1 mi	Flat 24, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£288K	12/22	0.1 mi	Flat 5, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£290K	11/22	0.1 mi	Flat 28, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£295K	11/22	0.11 mi	Flat 7, Douglas Court, Main Road, Biggin Hill, Westerham, Greater London TN16 3LQ	-	-	2	Flat
£275K	11/22	0.3 mi	5, Maple Leaf Close, Biggin Hill, Westerham, Greater London TN16 3JW	£4,911	56	2	Flat
£330K	09/22	0.42 mi	12, Spruce Road, Biggin Hill, Westerham, Greater London TN16 3SS	£5,323	62	2	Flat
£330K	02/23	0.44 mi	31, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SP	£5,500	60	2	Flat
£287K	03/21	0.44 mi	7, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SP	£4,484	64	2	Flat
£285K	03/21	0.44 mi	29, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SP	-	-	2	Flat
£170K	11/20	0.45 mi	Flat 1, Bramis House, Main Road, Biggin Hill, Westerham, Greater London TN16 3DX	£2,656	64	2	Flat
£240K	11/20	0.45 mi	Flat 7, Bramis House, Main Road, Biggin Hill, Westerham, Greater London TN16 3DX	-	-	2	Flat
£315K	12/22	0.45 mi	Flat 14, Bramis House, Main Road, Biggin Hill, Westerham, Greater London TN16 3DX	-	-	2	Flat
£257.5K	10/23	0.45 mi	Flat 9, Bramis House, Main Road, Biggin Hill, Westerham, Greater London TN16 3DX	-	-	2	Flat
£285K	05/21	0.46 mi	18, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SR	-	-	2	Flat
£315K	05/23	0.46 mi	22, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SR	£4,773	66	2	Flat
£320K	07/22	0.46 mi	26, Acer Road, Biggin Hill, Westerham, Greater London TN16 3SR	£5,161	62	2	Flat
£232K	06/22	0.52 mi	63c, Sunningvale Avenue, Biggin Hill, Westerham, Greater London TN16 3BZ	£3,742	62	2	Flat
£270K	05/21	0.52 mi	69d, Sunningvale Avenue, Biggin Hill, Westerham, Greater London TN16 3BZ	£3,103	87	2	Flat
£232K	03/21	0.58 mi	7, Lambert Close, Biggin Hill, Westerham, Greater London TN16 3DQ	£4,000	58	2	Flat
£220K	03/21	0.58 mi	9, Lambert Close, Biggin Hill, Westerham, Greater London TN16 3DQ	£3,793	58	2	Flat

Local Rents

10 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	09/24	0.1 mi	-	2	Flat
£1,350	01/25	0.1 mi	-	2	Flat
£1,170	12/24	0.11 mi	-	2	Flat
£1,150	12/24	0.11 mi	-	2	Flat
£1,400	02/24	0.11 mi	-	2	Flat
£1,850	04/25	0.16 mi	-	2	Flat
£1,375	03/25	0.34 mi	-	2	Flat
£1,500	09/24	0.46 mi	-	2	Flat
£1,500	06/24	0.46 mi	-	2	Flat
£1,500	08/24	0.58 mi	-	2	Flat

Local Area Statistics

Population in TN16	19,09519,095
Town centre distance	3.23 miles away3.23 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	3.36 miles away3.36 miles away

Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £230,000

February 28, 2025

Floor Plans

Description

Chain free. +
Two bedroom flat. +
Gas central heating and double glazed. +
Communal roof top terrace. +
Lift as well as stairs. +

Chain free, this two bedroom flat is situated at the top of Biggin Hill giving easy access to local shops and transport.

Chain free.
Two bedroom flat.
Gas central heating and double glazed.
Communal roof top terrace.
Lift as well as stairs.

Agent Details

Alan de Maid, Biggin Hill

01959 580265

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents