2 Bed Flat, Single Let, BR7 5FL £350,000

Ravens Dene, Chislehurst, BR7 5FL - 5 views - 8 months ago

Leasehold

BTL

~68 m²

ValuationUndervalued

Sold Prices	£205K - £742.5K
Sold Prices/m²	£3.5K/m² - £6.7K/m²

Square Metres	~68.11 m²
Price/m²	£5.1K/m²
Value Estimate	£362,177£362,177
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£23,700£23,700
Total Cash In	£111,200£111,200

Cash Out
Rent Range	£1,400 - £2,785£1,400 - £2,785
Rent Estimate	£1,400
Running Costs/mo	£1,394£1,394
Cashflow/mo	£6£6
Cashflow/yr	£75£75
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £205K to £742.5K, average is £346.5K. £3.5K/m² to £6.7K/m², average is £5.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£372K	02/25	0.03 mi	Flat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR	£5,027	74	2	Flat
£372K	02/25	0.03 mi	Flat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR	-	-	2	Flat
£377K	03/25	0.07 mi	Flat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS	-	-	2	Flat
£377K	03/25	0.07 mi	Flat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS	£5,095	74	2	Flat
£380K	06/25	0.07 mi	Flat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP	-	-	2	Flat
£380K	06/25	0.07 mi	Flat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP	£5,205	73	2	Flat
£310K	10/24	0.24 mi	37, Croft Close, Chislehurst BR7 6EY	£6,739	46	2	Flat
£290K	08/21	0.28 mi	61, Croft Close, Chislehurst, Greater London BR7 6EZ	£6,444	45	2	Flat
£295K	09/21	0.29 mi	13, Croft Close, Chislehurst, Greater London BR7 6EX	£6,146	48	2	Flat
£250K	06/21	0.29 mi	17, Croft Close, Chislehurst, Greater London BR7 6EX	£5,208	48	2	Flat
£255K	10/21	0.29 mi	7, Croft Close, Chislehurst, Greater London BR7 6EX	£5,574	46	2	Flat
£285K	06/21	0.29 mi	14, Croft Close, Chislehurst, Greater London BR7 6EX	£5,938	48	2	Flat
£415K	03/25	0.33 mi	85, Victoria Road, Chislehurst BR7 6DE	£5,929	70	2	Flat
£415K	03/25	0.33 mi	85, Victoria Road, Chislehurst BR7 6DE	-	-	2	Flat
£205K	10/22	0.42 mi	Flat 6, Loraine Court, Red Hill, Chislehurst, Greater London BR7 6SB	-	-	2	Flat
£320K	08/25	0.42 mi	Flat 8, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£335K	03/25	0.43 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	-	-	2	Flat
£335K	03/25	0.43 mi	Flat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT	£6,700	50	2	Flat
£742.5K	04/25	0.43 mi	Flat 8, 8 Longacre Court, Newton Park Place, Chislehurst BR7 5BF	-	-	2	Flat
£291K	03/25	0.44 mi	214, Elmstead Lane, Chislehurst BR7 5EW	£4,099	71	2	Flat
£291K	03/25	0.44 mi	214, Elmstead Lane, Chislehurst BR7 5EW	-	-	2	Flat
£330K	04/23	0.45 mi	208, Elmstead Lane, Chislehurst, Greater London BR7 5EW	£4,583	72	2	Flat
£328.5K	09/24	0.45 mi	228, Elmstead Lane, Chislehurst BR7 5EW	£4,761	69	2	Flat
£395K	11/24	0.47 mi	Woodhayes, 17, Willow Grove, Chislehurst BR7 5EX	£6,270	63	2	Flat
£325K	05/23	0.47 mi	41, Beanshaw, London, Greater London SE9 3HL	£5,078	64	2	Flat
£395.5K	11/24	0.48 mi	Fairfield, Flat 1, Willow Grove, Chislehurst BR7 5BU	£6,379	62	2	Flat
£378K	02/25	0.48 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	£4,667	81	2	Flat
£378K	02/25	0.48 mi	3, Arnside, Willow Grove, Chislehurst BR7 5BU	-	-	2	Flat
£315K	07/24	0.54 mi	45, Crockham Way, London SE9 3HD	£5,164	61	2	Flat
£308K	01/25	0.54 mi	71, Crockham Way, London, Greater London SE9 3HD	£4,529	68	2	Flat
£246K	05/21	0.54 mi	73, Crockham Way, London, Greater London SE9 3HD	£3,844	64	2	Flat
£300K	09/24	0.55 mi	15, Flat 10, Willow Grove, Chislehurst BR7 5BN	£6,522	46	2	Flat
£296K	02/25	0.6 mi	56, Great Harry Drive, London SE9 3DE	£4,625	64	2	Flat
£371.5K	03/25	0.6 mi	1, Thorndale, Lubbock Road, Chislehurst BR7 5JN	£5,384	69	2	Flat
£371.5K	03/25	0.6 mi	1, Thorndale, Lubbock Road, Chislehurst BR7 5JN	-	-	2	Flat
£360K	10/24	0.63 mi	32 Burlington Lodge, Flat 5, Lubbock Road, Chislehurst BR7 5QR	£5,294	68	2	Flat
£520K	09/22	0.68 mi	2, Bonchester Close, Chislehurst, Greater London BR7 5HS	£5,909	88	2	Flat
£350K	09/24	0.7 mi	101, Lower Camden, Chislehurst BR7 5JD	£6,034	58	2	Flat
£345K	01/23	0.71 mi	Flat 11, Clare Court, Lower Camden, Chislehurst, Greater London BR7 5JB	-	-	2	Flat
£417K	08/21	0.73 mi	Flat 17, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£325K	11/24	0.73 mi	Enderfield Court, 7, Lubbock Road, Chislehurst BR7 5JY	£5,242	62	2	Flat
£420K	01/23	0.73 mi	Flat 18, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX	-	-	2	Flat
£725K	03/25	0.78 mi	Flat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ	£4,096	177	2	Flat
£725K	03/25	0.78 mi	Flat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ	-	-	2	Flat
£327K	10/23	0.79 mi	Flat 22, Greenfield Court, Gardeners Close, London, Greater London SE9 4DF	-	-	2	Flat
£325K	09/23	0.84 mi	55, Wynford Way, London, Greater London SE9 3EE	£6,294	52	2	Flat
£277.5K	06/21	0.84 mi	47, William Barefoot Drive, London, Greater London SE9 3JD	£3,499	79	2	Flat
£348K	06/25	0.84 mi	71, Wynford Way, London SE9 3EE	£5,354	65	2	Flat
£348K	06/25	0.84 mi	71, Wynford Way, London SE9 3EE	-	-	2	Flat
£463.5K	05/25	0.86 mi	Flat 4, 25, Old Hill, Chislehurst BR7 5LZ	£5,453	85	2	Flat

Local Rents

50 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	04/24	0.03 mi	Waratah Drive, Chislehurst	2	Flat
£1,500	04/24	0.03 mi	Waratah Drive, Chislehurst	2	Flat
£1,500	04/24	0.03 mi	Waratah Drive, Chislehurst	2	Flat
£2,000	11/25	0.04 mi	Waratah Drive, Chislehurst, BR7	2	Flat
£1,800	05/25	0.05 mi	-	2	Flat
£1,650	07/25	0.06 mi	Waratah Drive, Chislehurst, Kent, BR7	2	Flat
£1,750	08/25	0.13 mi	Walden Parade, Walden Road, Chislehurst, BR7	2	Flat
£1,550	06/25	0.15 mi	Walden Parade, Walden Road, Chislehurst, Greater London, BR7	2	Flat
£1,550	11/25	0.16 mi	Walden Parade, Walden Road, Chislehurst, BR7	2	Flat
£1,550	12/24	0.25 mi	-	2	Flat
£1,690	10/25	0.26 mi	-	2	Flat
£1,690	10/25	0.26 mi	Croft Close, Chislehurst, BR7	2	Flat
£1,750	06/25	0.28 mi	Walden Avenue, Chislehurst	2	Semi-Detached House
£1,750	10/25	0.29 mi	Victoria Road Chislehurst BR7	2	Terraced House
£1,750	06/25	0.3 mi	Victoria Road, Chislehurst, BR7	2	Semi-Detached House
£1,550	08/25	0.34 mi	White Horse Hill, CHISLEHURST, BR7 6FE	2	Flat
£1,600	10/25	0.34 mi	White Horse Hill, CHISLEHURST, BR7 6FE	2	Flat
£1,795	08/25	0.39 mi	Castlecombe Road, Mottingham, SE9	2	Terraced House
£1,800	09/25	0.42 mi	-	2	Flat
£1,750	10/25	0.42 mi	Mells Crescent, London, SE9 4NF	2	Terraced House
£2,750	09/25	0.42 mi	Newton Park Place, Chislehurst. BR7	2	Flat
£2,785	03/24	0.42 mi	Newton Park Place, Chislehurst. BR7	2	Flat
£1,400	03/24	0.42 mi	-	2	Flat
£1,850	10/24	0.42 mi	-	2	Terraced House
£1,825	11/24	0.42 mi	-	2	Terraced House
£1,775	12/24	0.42 mi	-	2	Terraced House
£2,300	12/24	0.45 mi	Southill Road, Chislehurst	2	Flat
£1,400	07/25	0.45 mi	Willow Grove, Chislehurst	2	Flat
£2,400	10/24	0.46 mi	-	2	Flat
£2,100	03/25	0.46 mi	-	2	Flat
£1,600	06/25	0.46 mi	-	2	Terraced House
£2,000	06/25	0.46 mi	-	2	Terraced House
£1,600	11/25	0.47 mi	Willow Grove, Chislehurst, BR7	2	Flat
£1,600	03/24	0.48 mi	High Street, Chislehurst, Kent, BR7	2	Flat
£1,650	10/25	0.49 mi	Willow Grove, Chislehurst, BR7	2	Flat
£1,795	08/25	0.51 mi	-	2	Terraced House
£1,750	08/25	0.51 mi	Elmstead Lane, Chislehurst, BR7	2	Flat
£1,400	03/24	0.55 mi	High Street, Chislehurst	2	Flat
£1,550	01/25	0.56 mi	-	2	Flat
£1,550	10/25	0.56 mi	-	2	Flat
£1,550	02/25	0.56 mi	-	2	Flat
£1,550	09/25	0.56 mi	Hatton Court, Chislehurst, BR7	2	Flat
£1,700	08/24	0.56 mi	-	2	Flat
£1,800	07/25	0.56 mi	-	2	Flat
£1,700	06/25	0.56 mi	Lambarde Avenue London SE9	2	Flat
£1,700	03/24	0.58 mi	Lubbock Road Chislehurst BR7	2	Flat
£1,700	12/24	0.59 mi	-	2	Flat
£1,800	09/25	0.59 mi	-	2	Flat
£1,700	03/24	0.59 mi	Yester Road, Chislehurst, BR7	2	Flat
£1,800	08/25	0.59 mi	Yester Road, Chislehurst, BR7	2	Flat

Local Area Statistics

Population in BR7	17,32217,322
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.50 miles away0.50 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+25%+25%

Property History

Listed for £350,000

March 11, 2025

Floor Plans

Description

Close to station +
Great storage +
Allocated parking +
Visitors bays nearby +
First floor +
110 year lease +
High Street a stroll away +

Overlooking a lovely communal green, is this first floor two bedroom, two bathroom, modern apartment with allocated parking. A fantastic spot for commuters & the vibrant High Street.
Located on the super-popular Kings Quarter set of cul-de-sacs, a short walk to Elmstead Woods station, Chislehurst village shops & the Green Chain Walk. Bright, with a double aspect reception/kitchen/diner with a Juliet balcony offering pretty views,

Agent Details

Kinleigh Folkard & Hayward - Sales, Chislehurst

020 3828 7244

Next Steps?

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

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