2 Bed Flat, Single Let, Wallington, SM6 8SA, £325,000

Melbourne Road, Wallington, SM6 8SA - 1 views - a month ago

Leasehold
BTL
ROI: 1%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£141K - £646K
Sold Prices/m²£3.4K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£332,299
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£1,275 - £1,900

Rent Estimate

£1,350

Running Costs/mo

£1,306

Cashflow/mo

£44

Cashflow/yr

£533

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £141K to £646K, average is £308.5K. £3.4K/m² to £6.9K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£430K09/210.07 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£335K06/230.13 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£141K01/210.17 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£340K06/210.17 mi45, Park Road, Wallington, Greater London SM6 8AA2
£255K07/230.17 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£272.5K12/200.18 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£347.5K07/230.19 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£345K02/210.22 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£287K02/210.28 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.28 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.28 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£330K03/210.32 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£321K11/200.33 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.33 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£646K06/210.37 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£297.5K06/210.41 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.41 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£340K03/230.41 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£295K06/210.43 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.43 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.43 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2
£230K01/230.43 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£260K02/210.44 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.44 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.44 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K08/210.44 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£190K10/210.46 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£325K01/210.52 mi13, Ruskin Road, Carshalton, Greater London SM5 3DD2
£327K11/200.52 mi13a, Ruskin Road, Carshalton, Greater London SM5 3DD2
£320K05/210.54 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.54 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£375K02/230.59 mi24, Beacon Grove, Carshalton, Greater London SM5 3BA2
£348K08/230.65 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£279K10/210.68 mi16a, Butter Hill, Wallington, Greater London SM6 7JD2
£355K04/230.68 mi16, Butter Hill, Wallington, Greater London SM6 7JD2
£312K11/200.7 mi52a, Carshalton Park Road, Carshalton, Greater London SM5 3SS2
£225K04/210.71 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£365K03/210.71 mi17, Salisbury Road, Carshalton, Greater London SM5 3HA2
£290K10/200.72 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£305K10/200.77 mi27, Beynon Road, Carshalton, Greater London SM5 3RW2
£300K02/210.77 mi26, Beynon Road, Carshalton, Greater London SM5 3RW2
£325K03/230.79 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£274.5K10/210.79 mi61, Caraway Place, Wallington, Greater London SM6 7AG2
£276K10/200.79 mi59, Caraway Place, Wallington, Greater London SM6 7AG2
£321.3K05/210.79 miApartment 7, Manor Court, Millpond Place, Carshalton, Greater London SM5 2JT2
£264K04/210.8 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.8 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£315K12/200.81 mi17, Stanhope Road, Carshalton, Greater London SM5 4LH2
£335K06/210.84 mi34, North Street, Carshalton, Greater London SM5 2JD2
£329K02/210.85 mi20, Sycamore Close, Carshalton, Greater London SM5 2PS2

Local Rents

52 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50002/240.03 miMelbourne Road, Wallington, Surrey, SM62
£1,50009/240.04 miCanon Court, 91 Manor Road, Wallington, SM62
£1,45008/240.05 mi91 Manor Road, Wallington2
£1,65009/240.05 miManor Road Wallington SM62
£1,50009/240.08 miBelmont Road, WALLINGTON2
£1,60004/250.1 mi-2
£1,85001/250.11 mi-2
£1,47508/240.11 miGrosvenor Road, WALLINGTON2
£1,40008/240.17 miBute Court, Bute Road, Wallington, SM62
£1,60009/240.17 miBeddington Gardens, Wallington, SM62
£1,65010/240.18 mi-2
£1,50008/240.19 miCavalier Close Wallington SM62
£1,40004/250.19 mi-2
£1,50009/240.2 miWoodcote Road, Wallington, SM62
£1,75009/240.2 miCavalier Close, Wallington, SM62
£1,45010/240.22 mi-2
£1,60009/240.22 miMaldon Road, Wallington2
£1,80008/240.22 mi-2
£1,80008/240.22 mi-2
£1,45008/240.22 miClarendon Road, WALLINGTON2
£1,35008/240.22 miRosemount Clarendon Road Wallington SM6 8RW2
£1,60009/240.22 mi-2
£1,55008/240.25 miMaldon Road, Wallington, SM62
£1,27509/240.26 miMaldon Road Wallington SM62
£1,60008/240.26 miMaldon Road, Wallington, SM62
£1,60008/240.26 mi-2
£1,60008/240.26 mi-2
£1,55003/250.26 mi-2
£1,50009/240.28 mi17 Parkgate Road, Wallington, SM62
£1,90009/240.29 miStafford Road, Wallington, SM62
£1,90010/240.29 mi-2
£1,60009/240.29 mi-2
£1,75008/240.3 miStafford Road, Wallington, Surrey, SM62
£1,50008/240.31 miParkgate Road, Wallington, SM62
£1,75012/240.31 mi-2
£1,60011/240.31 mi-2
£1,60009/240.31 miHolmwood Gardens, Wallington, SM62
£1,65009/240.31 mi-2
£1,75008/240.32 mi-2
£1,55002/240.33 mi-2
£1,80009/240.34 miStanley Park Road2
£1,65009/240.35 mi-2
£1,65009/240.35 miJasmine Court, Wallington, SM62
£1,70003/250.35 mi-2
£1,55008/240.36 mi-2
£1,50008/240.38 miStanley Park Road, Wallington, SM62
£1,47508/240.38 miWoodcote Road, Wallington, SM62
£1,45008/240.39 miStafford Road, WALLINGTON2
£1,50009/240.39 miStafford Road, WALLINGTON2
£1,85002/240.39 mi-2
£1,60010/240.39 mi-2
£1,60002/240.41 mi-2

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.42 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £325,000

March 6, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Bathroom & Ensuite Shower Room +
  • Modern Gated Development +
  • Secure Car Park +
  • Balcony +
  • Close To Station +
  • Lift To All Floors +
  • No Chain +

Paul Graham are pleased to market this spacious 1st floor 2 bedroom apartment in a modern gated development. Features include a balcony, 2 good size bedrooms, with an ensuite shower room to the master bedroom, allocated parking space in secure car park and 2 good size storage cupboards in the hallway. Situated in Wallington Town Centre and with easy access to the station and all the local amenities Wallington has to offer. Viewing is recommended on the no chain property. 

COMMUNAL ENTRANCE  

ENTRANCE HALL  

RECEPTION ROOM 15' 10" x 11' 7" (4.83m x 3.53m)  

KITCHEN 10' 6" x 6' 11" (3.2m x 2.11m)  

BEDROOM 1 11' 6" x 11' 5" (3.51m x 3.48m)  

EN SUITE SHOWER ROOM 7' 6" x 6' 7" (2.29m x 2.01m)  

BEDROOM 2 11' 5" x 7' 6" (3.48m x 2.29m)  

BATHROOM 7' 6" x 6' (2.29m x 1.83m)  

BALCONY  

GATED DEVELOPMENT  

SECURE PARKING

Agent Details

Paul Graham, Wallington

020 3889 1245

Next Steps?

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