3 Bed Terraced House, Refurb/BRRR, London, SW17 9LD, £800,000

Longley Road, Tooting, SW17 9LD - 3 views - a month ago

Under Offer
Refurb/BRRR
~93 m²

ValuationOvervalued

Sold Prices£435K - £1.2M
Sold Prices/m²£5.4K/m² - £12.7K/m²

 

 

Square Metres

~93 m²
Price/m²£8.6K/m²

Value Estimate

£664,965

 

 

End Value (After Refurb)

£786,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£68,700

Refurb Costs

£49,155

Bridging Loan Interest

£21,000

Total Cash In

£340,605

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£786,250

Mortgage (After Refinance)

£589,688

Mortgage LTV

75%

Cash Left In

£340,605

Equity

£196,563

Rent Range

£1,950 - £3,600

Rent Estimate

£2,587

Running Costs/mo

£2,994

Cashflow/mo

£-407

Cashflow/yr

£-4,889

Gross Yield

4%

Local Sold Prices

51 sold prices from £435K to £1.2M, average is £676.3K. £5.4K/m² to £12.7K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£1.0M11/230.03 mi144, Longley Road, London, Greater London SW17 9LH3
£945K03/230.04 mi128, Trevelyan Road, London, Greater London SW17 9LW3
£525K01/240.06 mi187, Trevelyan Road, London, Greater London SW17 9LP3
£655K03/210.09 mi22, Lyveden Road, London, Greater London SW17 9DU3
£775K07/230.16 mi49, Trevelyan Road, London, Greater London SW17 9LR3
£775K07/230.16 mi49, Trevelyan Road, London, Greater London SW17 9LR3
£790K04/210.17 mi95, Robinson Road, Colliers Wood, London, Greater London SW17 9DN3
£652K10/230.17 mi109, Robinson Road, Colliers Wood, London, Greater London SW17 9DN3
£784K06/210.19 mi11, Finborough Road, London, Greater London SW17 9HY3
£730K04/240.2 mi33, Avarn Road, London, Greater London SW17 9HB3
£680K06/230.21 mi63, Bickersteth Road, London, Greater London SW17 9SH3
£691K10/230.21 mi29, Birdhurst Road, London, Greater London SW19 2HZ3
£472.5K02/210.23 mi12, Fleming Mead, Mitcham, Greater London CR4 3LU3
£700K06/210.24 mi8, Stella Road, London, Greater London SW17 9HG3
£575K09/220.24 mi39, Fleming Mead, Mitcham, Greater London CR4 3LY3
£695K02/230.27 mi3, Ascot Road, London, Greater London SW17 9JJ3
£730K10/230.3 mi11, Warren Road, London, Greater London SW19 2HY3
£817.5K01/210.3 mi10, Ascot Road, London, Greater London SW17 9JJ3
£683K03/210.3 mi11, Clive Road, London, Greater London SW19 2JA3
£637K03/210.31 mi40, Crusoe Road, Mitcham, Greater London CR4 3LG3
£495K07/230.31 mi60a, Crusoe Road, Mitcham, Greater London CR4 3LG3
£762K03/210.32 mi54, Boscombe Road, London, Greater London SW17 9JL3
£747.5K08/230.32 mi55, Boscombe Road, London, Greater London SW17 9JL3
£656K12/230.32 mi18, Boscombe Road, London, Greater London SW17 9JL3
£540K06/230.32 mi25, Island Road, Mitcham, Greater London CR4 3JH3
£570K05/210.32 mi6, Friday Road, Mitcham, Greater London CR4 3JQ3
£435K03/230.32 mi26, Friday Road, Mitcham, Greater London CR4 3JQ3
£495K10/210.32 mi6, Kenmare Drive, Mitcham, Greater London CR4 3JP3
£510K05/210.32 mi4, Kenmare Drive, Mitcham, Greater London CR4 3JP3
£875K12/210.35 mi24, Church Lane, London, Greater London SW17 9PP3
£630K11/200.36 mi71, Seely Road, London, Greater London SW17 9QP3
£655K05/210.36 mi65, Seely Road, London, Greater London SW17 9QP3
£660K12/230.36 mi26, Carlwell Street, London, Greater London SW17 0SE3
£477.5K08/210.36 mi44, Gorringe Park Avenue, Mitcham, Greater London CR4 2DG3
£725K01/210.36 mi21, Cavendish Road, London, Greater London SW19 2ET3
£676.3K11/230.36 mi31, Cavendish Road, London, Greater London SW19 2ET3
£536.8K05/210.37 mi26, Alexandra Road, Mitcham, Greater London CR4 3LT3
£500K06/210.37 mi17, Alexandra Road, Mitcham, Greater London CR4 3LT3
£680K02/230.38 mi16, Ashbourne Road, Mitcham, Greater London CR4 2BA3
£540K03/210.38 mi139, Victoria Road, Mitcham, Greater London CR4 3JD3
£685K03/210.39 mi266, Franciscan Road, Tooting, London, Greater London SW17 8HF3
£665K10/210.4 mi26, Valnay Street, London, Greater London SW17 8PT3
£1.2M03/240.4 mi28, Valnay Street, London, Greater London SW17 8PT3
£650K12/230.41 mi61, Valnay Street, London, Greater London SW17 8PS3
£640K11/200.41 mi79, Links Road, London, Greater London SW17 9EF3
£755K11/200.42 mi97, Kenlor Road, London, Greater London SW17 0DG3
£762.4K03/230.42 mi37, Kenlor Road, London, Greater London SW17 0DG3
£615K04/230.42 mi35, Kenlor Road, London, Greater London SW17 0DG3
£575K05/230.42 mi75, Kenlor Road, London, Greater London SW17 0DG3
£895K11/200.42 mi54, Crowborough Road, London, Greater London SW17 9QQ3
£715K02/210.42 mi9, Walpole Road, London, Greater London SW19 2BZ3

Local Rents

52 rents from £1.9K/mo to £3.6K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,90009/240.04 miTrevelyan Road , SW173
£2,85004/250.05 mi-3
£2,45009/240.06 mi-3
£2,80009/240.08 miTrevelyan Road, London, SW173
£1,95003/250.08 mi-3
£2,80009/240.09 miLyveden Road, Colliers Wood, London, SW173
£3,20001/250.09 mi-3
£1,95004/250.09 mi-3
£2,10012/240.13 mi-3
£2,10012/240.13 mi-3
£3,50009/240.13 miRenmuir Street London SW173
£3,30009/240.17 mi-3
£3,30009/240.17 mi-3
£2,75012/240.18 mi-3
£2,40011/240.19 mi-3
£1,95009/240.19 miHarewood Road, Colliers Wood3
£2,60009/240.19 miHimley Road Tooting SW173
£3,00009/240.2 miRenmuir Street, Tooting, London, SW173
£2,00004/250.2 mi-3
£2,55009/240.21 miBrightwell Crescent, London, SW173
£2,55009/240.21 mi-3
£3,60009/240.21 miByton Road, Tooting3
£3,10009/240.21 mi-3
£2,90004/250.22 mi-3
£3,10009/240.24 miGlasford Street, Tooting3
£2,20001/250.24 mi-3
£2,30003/250.24 mi-3
£2,50009/240.25 miOtterburn Street, London3
£2,20004/240.25 miFleming Mead, Mitcham, Surrey, CR43
£2,50002/250.26 mi-3
£2,30003/240.28 mi-3
£2,20012/240.28 mi-3
£2,40003/240.28 miGrenfell Road, Mitcham, CR43
£2,35002/240.28 mi-3
£2,20009/240.28 miMellison Road, London, SW173
£2,20009/240.28 mi-3
£2,70009/240.3 miLinks Road, Tooting3
£2,25009/240.31 miWoodbury Street, Tooting3
£2,85010/240.31 mi-3
£2,45004/240.31 miGrenfell Road, Tooting, London, CR43
£2,40002/250.31 mi-3
£2,45012/240.32 mi-3
£2,70005/240.32 miIsland Road London CR43
£3,10004/250.32 mi-3
£2,50009/240.32 miSeely Road, London, SW173
£2,60009/240.32 miTooting High Street, Tooting3
£2,20003/250.33 mi-3
£2,80002/250.33 mi-3
£2,49509/240.33 mi-3
£2,17501/250.33 mi-3
£3,00004/250.35 mi-3
£2,00009/240.35 miCavendish Road, Colliers Wood, London, SW193

Local Area Statistics

Population in SW17

64,566

Population in London

4,771,921

Town centre distance

7.84 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £800,000

February 28, 2025

Floor Plans

Description

  • Three double bedrooms +
  • Bathroom +
  • Three separate receptions +
  • Kitchen +
  • 112 ft garden +
  • Potential to extend STPP +
  • Cellar +
  • EPC Rating D +

An opportunity to acquire an unmodernised yet substantial three double bedroom period house, offering the potential to extend into the loft and to the rear on the ground floor (STPP).

This spacious home boasts 1396 sq ft of well proportioned accommodation and requires renovation throughout. The property is conveniently located within reach of Tooting Broadway underground station.

Agent Details

Kinleigh Folkard & Hayward - Sales, Tooting

020 3870 3016

Next Steps?

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