3 Bed Terraced House, Refurb/BRRR, Beckenham, BR3 4TP, £600,000

Ravenscroft Road, Beckenham, BR3 4TP - 1 views - 2 months ago

Sold STC

Refurb/BRRR

~93 m²

+6 photos

ValuationOvervalued

Sold Prices	£430K - £950K
Sold Prices/m²	£4.2K/m² - £14.4K/m²

Square Metres	~93 m²
Price/m²	£6.5K/m²
Value Estimate	£558,866£558,866

End Value (After Refurb)	£586,486£586,486

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£150,000£150,000
Stamp Duty & Legal Fees	£48,700£48,700
Refurb Costs	£49,200£49,200
Bridging Loan Interest	£15,750£15,750
Total Cash In	£265,400£265,400

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£586,486£586,486
Mortgage (After Refinance)	£439,865£439,865
Mortgage LTV	75%75%
Cash Left In	£265,400£265,400
Equity	£146,622£146,622
Rent Range	£1,575 - £3,200£1,575 - £3,200
Rent Estimate	£2,185
Running Costs/mo	£2,290£2,290
Cashflow/mo	£-105£-105
Cashflow/yr	£-1,257£-1,257
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £430K to £950K, average is £590K. £4.2K/m² to £14.4K/m², average is £6.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£700K	11/22	0.05 mi	64, Birkbeck Road, Beckenham, Greater London BR3 4SP	£6,306	111	3	Semi-Detached House
£562.5K	06/21	0.05 mi	89, Avenue Road, Beckenham, Greater London BR3 4RX	-	-	3	Semi-Detached House
£587.5K	01/21	0.05 mi	111, Avenue Road, Beckenham, Greater London BR3 4RX	£5,246	112	3	Terraced House
£575K	01/21	0.06 mi	58, Ravenscroft Road, Beckenham, Greater London BR3 4TR	£6,072	95	3	Semi-Detached House
£610K	05/21	0.06 mi	96, Ravenscroft Road, Beckenham, Greater London BR3 4TR	-	-	3	Semi-Detached House
£600K	02/21	0.06 mi	101, Ravenscroft Road, Beckenham, Greater London BR3 4TP	£7,112	84	3	Terraced House
£650K	11/20	0.08 mi	60, Mackenzie Road, Beckenham, Greater London BR3 4RZ	£5,098	127	3	Terraced House
£575K	02/21	0.09 mi	43, Avenue Road, London, Greater London SE20 7RR	£4,457	129	3	Terraced House
£650K	08/23	0.1 mi	43, Avenue Road, London, Greater London SE20 7RR	£5,039	129	3	Terraced House
£580K	02/21	0.1 mi	6, Westbury Road, London, Greater London SE20 7QL	£5,577	104	3	Terraced House
£580K	05/21	0.1 mi	89, Mackenzie Road, Beckenham, Greater London BR3 4RY	-	-	3	Semi-Detached House
£700K	10/22	0.1 mi	81, Mackenzie Road, Beckenham, Greater London BR3 4RY	£14,394	49	3	Detached House
£825K	01/23	0.11 mi	30, Birkbeck Road, Beckenham, Greater London BR3 4SN	£9,270	89	3	Semi-Detached House
£530K	02/21	0.14 mi	12, Mackenzie Road, Beckenham, Greater London BR3 4RU	£4,240	125	3	Terraced House
£517.5K	01/21	0.14 mi	96, Blandford Road, Beckenham, Greater London BR3 4NQ	£6,946	75	3	Terraced House
£595K	06/23	0.14 mi	120, Mackenzie Road, Beckenham, Greater London BR3 4SD	-	-	3	Terraced House
£590K	05/21	0.14 mi	146, Mackenzie Road, Beckenham, Greater London BR3 4SD	£6,538	90	3	Terraced House
£810K	10/21	0.15 mi	139, Mackenzie Road, Beckenham, Greater London BR3 4SB	£6,833	119	3	Semi-Detached House
£722K	03/23	0.15 mi	37, Mackenzie Road, Beckenham, Greater London BR3 4RT	-	-	3	Semi-Detached House
£590K	03/21	0.15 mi	32, Clevedon Road, London, Greater London SE20 7QQ	£5,842	101	3	Terraced House
£577K	06/21	0.16 mi	69, Blandford Road, Beckenham, Greater London BR3 4NG	-	-	3	Detached House
£560K	02/23	0.16 mi	85, Blandford Road, Beckenham, Greater London BR3 4NG	£7,671	73	3	Terraced House
£650K	12/22	0.16 mi	148, Mackenzie Road, Beckenham, Greater London BR3 4SD	£6,487	100	3	Terraced House
£700K	01/23	0.17 mi	109a, Ravenscroft Road, Beckenham, Greater London BR3 4TN	£6,796	103	3	Semi-Detached House
£620K	03/21	0.17 mi	131, Ravenscroft Road, Beckenham, Greater London BR3 4TN	£6,256	99	3	Terraced House
£575K	06/21	0.18 mi	164, Birkbeck Road, Beckenham, Greater London BR3 4SS	-	-	3	Semi-Detached House
£715K	02/21	0.18 mi	6, Kenilworth Road, London, Greater London SE20 7QG	£6,875	104	3	Terraced House
£530K	02/21	0.18 mi	42, Kenilworth Road, London, Greater London SE20 7QG	-	-	3	Terraced House
£480K	06/21	0.19 mi	6, Carlys Close, Beckenham, Greater London BR3 4PB	£6,761	71	3	Semi-Detached House
£601.5K	10/23	0.19 mi	205, Blandford Road, Beckenham, Greater London BR3 4NH	£8,096	74	3	Terraced House
£545K	11/20	0.19 mi	30, Blandford Road, Beckenham, Greater London BR3 4NF	£4,658	117	3	Terraced House
£559K	02/21	0.19 mi	38, Blandford Road, Beckenham, Greater London BR3 4NF	£5,947	94	3	Terraced House
£570K	08/21	0.19 mi	36, Blandford Road, Beckenham, Greater London BR3 4NF	£5,876	97	3	Terraced House
£605K	09/21	0.19 mi	76, Blandford Road, Beckenham, Greater London BR3 4NF	£6,352	95	3	Terraced House
£575K	12/20	0.19 mi	46, Blandford Road, Beckenham, Greater London BR3 4NF	£5,867	98	3	Terraced House
£625K	08/23	0.19 mi	18, Blandford Road, Beckenham, Greater London BR3 4NF	£6,188	101	3	Terraced House
£510.5K	01/21	0.2 mi	58, Kimberley Road, Beckenham, Greater London BR3 4QU	£6,806	75	3	Semi-Detached House
£655K	04/23	0.2 mi	12, Villiers Road, Beckenham, Greater London BR3 4NR	£8,832	74	3	Terraced House
£560K	01/21	0.21 mi	43, Chesham Crescent, London, Greater London SE20 7RW	£4,786	117	3	Terraced House
£525K	02/21	0.22 mi	187, Birkbeck Road, Beckenham, Greater London BR3 4ST	£7,095	74	3	Terraced House
£430K	04/21	0.22 mi	1, Blandford Road, Beckenham, Greater London BR3 4NE	£5,513	78	3	Terraced House
£852.8K	02/23	0.22 mi	154, Mackenzie Road, Beckenham, Greater London BR3 4SF	£7,106	120	3	Terraced House
£530K	03/21	0.22 mi	154, Mackenzie Road, Beckenham, Greater London BR3 4SF	£4,417	120	3	Terraced House
£565K	10/22	0.22 mi	14, Chesham Crescent, London, Greater London SE20 7RL	-	-	3	Terraced House
£950K	11/20	0.24 mi	51, Barnmead Road, Beckenham, Greater London BR3 1JF	£7,600	125	3	Semi-Detached House
£610.5K	12/21	0.26 mi	20, Churchfields Road, Beckenham, Greater London BR3 4QW	£5,309	115	3	Semi-Detached House
£625K	07/23	0.26 mi	38, Allen Road, Beckenham, Greater London BR3 4NP	£7,813	80	3	Terraced House
£610K	02/23	0.26 mi	18, Churchfields Road, Beckenham, Greater London BR3 4QW	£5,214	117	3	Terraced House
£605K	09/22	0.27 mi	5, Chesham Road, Penge, London, Greater London SE20 7RH	-	-	3	Semi-Detached House
£463.5K	06/21	0.27 mi	124, Churchfields Road, Beckenham, Greater London BR3 4QZ	-	-	3	Terraced House

Local Rents

36 rents from £1.6K/mo to £3.2K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,250	04/24	0.03 mi	Birkbeck Road, Beckenham, BR3	3	Semi-Detached House
£2,500	08/24	0.06 mi	-	3	Flat
£2,100	03/24	0.11 mi	Birkbeck Road, Beckenham, BR3	3	Flat
£2,250	05/24	0.14 mi	Blandford Road, Beckenham	3	Terraced House
£2,500	04/24	0.17 mi	Mackenzie Road, Beckenham, BR3	3	Terraced House
£2,500	04/24	0.17 mi	Mackenzie Road, Beckenham, BR3	3	Terraced House
£2,250	02/25	0.17 mi	-	3	Terraced House
£1,795	03/24	0.17 mi	-	3	Flat
£1,795	03/24	0.17 mi	-	3	Flat
£2,350	03/24	0.18 mi	Birckbeck Road, BR3	3	Flat
£1,900	03/24	0.18 mi	Ravenscroft Road Beckenham BR3	3	Flat
£2,000	05/24	0.22 mi	Blandford Road Beckenham BR3	3	House
£2,000	05/24	0.25 mi	-	3	Flat
£1,900	03/24	0.26 mi	Allen Road Beckenham BR3	3	Flat
£2,500	03/24	0.32 mi	Beck Lane Beckenham BR3	3	Flat
£2,150	10/23	0.33 mi	Birkbeck Road, Beckenham	3	House
£2,150	04/24	0.33 mi	Birkbeck Road, Beckenham	3	House
£2,300	09/24	0.34 mi	-	3	Terraced House
£1,950	02/25	0.34 mi	-	3	Terraced House
£2,300	08/24	0.35 mi	-	3	Flat
£2,300	08/24	0.35 mi	Croydon Road, London, SE20	3	Flat
£2,200	08/24	0.36 mi	Oak Grove Road, London, SE20	3	Detached House
£1,850	08/24	0.38 mi	-	3	Flat
£2,100	03/24	0.38 mi	Arrol Road Beckenham BR3	3	House
£2,100	03/24	0.38 mi	Arrol Road Beckenham BR3	3	Terraced House
£1,725	08/24	0.38 mi	Elmers End Road, SE20	3	Flat
£1,700	08/24	0.39 mi	Elmers End Road, Anerly	3	Flat
£2,500	03/24	0.4 mi	-	3	Flat
£1,700	04/25	0.41 mi	-	3	Flat
£2,200	08/24	0.48 mi	Felmingham Road, London, SE20	3	Terraced House
£2,650	03/24	0.55 mi	Clock House Road, Beckenham, Kent, BR3	3	Terraced House
£3,000	02/24	0.56 mi	-	3	Semi-Detached House
£3,200	01/25	0.56 mi	-	3	Semi-Detached House
£1,575	11/24	0.57 mi	-	3	Flat
£1,750	09/24	0.59 mi	Laurel Grove, London, SE20	3	Flat
£2,500	03/24	0.61 mi	Durban Road, Beckenham, BR3	3	Terraced House

Local Area Statistics

Population in BR3	47,38647,386
Population in Beckenham	47,41147,411
Town centre distance	1.01 miles away1.01 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.16 miles away0.16 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £600,000

March 1, 2025

Floor Plans

Description

NO CHAIN! A Victorian house with off street parking, providing three bedrooms, two reception rooms and an upstairs bathroom with further potential ( subject to local authority consent) to convert the loft as have some similar neighbouring properties. The garden has a south easterly aspect so the property enjoys some good natural light at the rear. Whilst needing some modernisation, the property has been rented for a long period and is gas centrally heated and has a valid Electrical Installation Condition Report. Council Tax Band D. EPC Rating D

Agent Details

John Dallas, South Croydon

020 3889 9011

Next Steps?

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

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3 Bed Terraced House, Refurb/BRRR, Beckenham, BR3 4TP, £600,000

ValuationOvervalued

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Investment Opportunity

Local Sold Prices

Local Rents