4 Bed Terraced House, Planning Permission, Beckenham, BR3 3GS, £925,000

Dorrington Way, Beckenham, BR3 3GS - 1 views - 25 days ago

Planning
ROI: 2%
~129 m²
+20 photos

ValuationOvervalued

Sold Prices£505K - £1.6M
Sold Prices/m²£3.5K/m² - £10.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.2K/m²

Value Estimate

£781,905

 

 

End Value (After Refurb)

£743,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£81,200

Refurb Costs

£68,381

Bridging Loan Interest

£24,281

Total Cash In

£406,862

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£743,750

Mortgage (After Refinance)

£557,813

Mortgage LTV

75%

Cash Left In

£406,862

Equity

£185,938

Rent Range

£2,250 - £5,000

Rent Estimate

£3,644

Running Costs/mo

£3,073

Cashflow/mo

£571

Cashflow/yr

£6,852

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £505K to £1.6M, average is £992.5K. £3.5K/m² to £10.4K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£995K12/220.05 mi7, Rawlings Close, Beckenham, Greater London BR3 3GQ4
£800K12/210.06 mi36, Whitstone Lane, Beckenham, Greater London BR3 3FZ4
£690K03/210.11 mi61, St Martins Lane, Beckenham, Greater London BR3 3XU4
£1.4M02/230.12 mi8, Wagtail Walk, Beckenham, Greater London BR3 3XG4
£895K01/230.14 mi17, St Martins Lane, Beckenham, Greater London BR3 3XU4
£1.3M09/230.31 mi59, Whitecroft Way, Beckenham, Greater London BR3 3AW4
£730K01/210.33 mi3, Elderslie Close, Beckenham, Greater London BR3 3BB4
£795K08/210.34 mi16, Overhill Way, Beckenham, Greater London BR3 6SW4
£950K07/230.34 mi28, Overhill Way, Beckenham, Greater London BR3 6SW4
£995K10/210.35 mi54, Brabourne Rise, Beckenham, Greater London BR3 6SH4
£970K10/200.35 mi79, Brabourne Rise, Beckenham, Greater London BR3 6SD4
£1.4M10/200.36 mi37, Wickham Way, Beckenham, Greater London BR3 3AE4
£1.0M03/210.38 mi1, Spinney Close, Beckenham, Greater London BR3 3XA4
£572.5K11/200.39 mi35, Links Way, Beckenham, Greater London BR3 3DG4
£610K11/200.39 mi39, Links Way, Beckenham, Greater London BR3 3DG4
£1.3M08/230.43 mi108, Barnfield Wood Road, Beckenham, Greater London BR3 6SX4
£935K11/200.45 mi58, Malmains Way, Beckenham, Greater London BR3 6SB4
£715K05/230.46 mi368, Eden Park Avenue, Beckenham, Greater London BR3 3JL4
£625K04/210.46 mi334, Eden Park Avenue, Beckenham, Greater London BR3 3JL4
£720K03/230.47 mi177, Eden Way, Beckenham, Greater London BR3 3DR4
£1.3M12/220.48 mi93, Malmains Way, Beckenham, Greater London BR3 6SF4
£1.1M04/210.48 mi77, Malmains Way, Beckenham, Greater London BR3 6SF4
£1.1M02/230.48 mi72, Malmains Way, Beckenham, Greater London BR3 6SF4
£535K04/210.49 mi152, Eden Way, Beckenham, Greater London BR3 3DU4
£802.5K08/230.5 mi212, Eden Way, Beckenham, Greater London BR3 3DT4
£915K05/210.51 mi125, South Eden Park Road, Beckenham, Greater London BR3 3AT4
£1.4M11/220.52 mi80, Barnfield Wood Road, Beckenham, Greater London BR3 6SU4
£1.0M03/210.53 mi1, Barnfield Wood Close, Beckenham, Greater London BR3 6SY4
£1.0M03/210.56 mi85, Elwill Way, Beckenham, Greater London BR3 6RX4
£1.2M06/210.56 mi91, Elwill Way, Beckenham, Greater London BR3 6RX4
£1.2M04/210.56 mi77, Elwill Way, Beckenham, Greater London BR3 6RY4
£1.1M05/230.56 mi89, Barnfield Wood Road, Beckenham, Greater London BR3 6ST4
£680.5K05/230.57 mi441, Upper Elmers End Road, Beckenham, Greater London BR3 3DB4
£995K06/230.62 mi60, Hayes Chase, West Wickham, Greater London BR4 0JA4
£825K06/220.62 mi30, High Broom Crescent, West Wickham, Greater London BR4 0RG4
£1.2M01/210.62 mi68, Hayes Way, Beckenham, Greater London BR3 6RS4
£1.0M11/210.62 mi16, Long Meadow Close, West Wickham, Greater London BR4 0EQ4
£945K06/220.63 mi33, Beckenham Road, West Wickham, Greater London BR4 0QS4
£940K05/230.63 mi35, Beckenham Road, West Wickham, Greater London BR4 0QS4
£505K11/210.64 mi16, St Davids Close, West Wickham, Greater London BR4 0QZ4
£998.4K09/220.65 mi69, Hayes Lane, Beckenham, Greater London BR3 6RE4
£900K10/200.65 mi89, Hayes Way, Beckenham, Greater London BR3 6RR4
£1.1M05/230.65 mi105, Hayes Way, Beckenham, Greater London BR3 6RR4
£1.1M01/230.67 mi18, Kenwood Drive, Beckenham, Greater London BR3 6QX4
£990K10/200.67 mi32, Kenwood Drive, Beckenham, Greater London BR3 6QX4
£1.6M08/230.67 mi84, Manor Way, Beckenham, Greater London BR3 3LR4
£780K04/230.67 mi23, Tudor Road, Beckenham, Greater London BR3 6QR4
£1.1M12/200.68 mi22, Beckenham Road, West Wickham, Greater London BR4 0QT4
£1.4M11/220.69 mi15, Barnfield Wood Road, Beckenham, Greater London BR3 6SR4
£720K06/210.69 mi74, Goodhart Way, West Wickham, Greater London BR4 0EY4

Local Rents

16 rents from £2.3K/mo to £5K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£3,50004/240.05 mi-4
£3,40002/240.07 mi-4
£3,40003/240.07 miWhitstone Lane, London, BR34
£3,60003/240.3 miSouth Eden Park Road, Beckenham, Bromley, BR35
£3,30003/240.3 miBeckenham, BR34
£2,25003/240.41 miTonge Close, Beckenham, BR33
£2,95005/240.43 miWoodmere Way, Beckenham, Bromley, BR34
£2,35012/240.46 mi-3
£3,50003/240.46 miEden Way, Beckenham5
£2,70004/240.46 miEden Way, Beckenham3
£4,00003/240.49 miSouth Eden Park Road Beckenham BR35
£3,85001/240.5 mi-5
£5,00003/240.52 miManor Way, BR35
£5,00003/240.52 miManor Way Beckenham BR35
£5,00003/240.52 miManor Way, Beckenham BR35
£4,50003/240.56 miBarnfield Wood Road, Beckenham, BR34

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £925,000

March 10, 2025

Floor Plans

Description

A stunning four bedroom family home situated in the popular gated development of 'Langley Waterside' with 24 hour security.  Offering a generous accommodation with four bedrooms . The spacious entrance hall has a door to the garage and kitchen/breakfast room provides ample space for table or sofas with doors to bright and airy sun room with byfold doors. Separate utility room, downstairs cloakroom. The first floor offers a master bedroom with en-suite with a three piece suite, the top floor offers a double bedroom with ensuite shower room, a family bathroom with three piece suite, and two further bedrooms. This property also offers planning permission for a rear extension please ask agent for further details. This property must be seen to be fully appreciated.

Location
Popular development with gated entrance off South Eden Park Road, manned 24 hours a day. Within Langley Waterside is a large lake encircled by a footpath, bordered by a nature reserve to the south-west (not within the development). Each property pays a service charge to the appointed Management Company. The popular Langley Park Secondary Schools are less than half a mile away and Unicorn Primary will be found by the entrance to the development. Eden Park station is also in the vicinity (trains to London Bridge, Waterloo, Charing Cross, DLR connection at Lewisham) whilst both West Wickham and Beckenham Town Centres are about a mile away.

Agent Details

Langley Estate Agents, Beckenham

020 3910 6331

Next Steps?

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