Potential 4-Bed HMO, London, SE6 4EU, £550,000

312 E Nyon Grove, London - 4 views - a month ago

HMO
ROI: 2%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£390K - £870K
Sold Prices/m²£4.8K/m² - £8.2K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£575,714
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Room Rate

£828

Gross Rent

£3,312

Running Costs/mo

£2,979

Cashflow/mo

£333

Cashflow/yr

£3,993

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £390K to £870K, average is £598.3K. £4.8K/m² to £8.2K/m², average is £6.2K/m².

PriceDateDistanceAddressBeds 
£663.5K09/230.02 mi2, Nyon Grove, London, Greater London SE6 4EU3
£600K08/230.02 mi25, Clarens Street, London, Greater London SE6 4ES3
£650K09/230.05 mi24, Helvetia Street, London, Greater London SE6 4EX3
£630K04/210.05 mi83, Hawkesfield Road, London, Greater London SE23 2TN3
£605K04/210.06 mi36, Levendale Road, London, Greater London SE23 2TW3
£720.1K04/210.06 mi44, Levendale Road, London, Greater London SE23 2TW3
£696.6K11/200.06 mi19, Levendale Road, London, Greater London SE23 2TP3
£630K11/210.06 mi15, Levendale Road, London, Greater London SE23 2TP3
£610K04/210.08 mi2, Hawkesfield Road, London, Greater London SE23 2TL3
£600K12/230.08 mi86, Perry Hill, London, Greater London SE6 4EY3
£500K03/210.09 mi36, Neuchatel Road, London, Greater London SE6 4EQ3
£670K02/230.09 mi31, Neuchatel Road, London, Greater London SE6 4EH3
£520K11/200.11 mi73, Houston Road, London, Greater London SE23 2RL3
£500K08/230.11 mi91, Houston Road, London, Greater London SE23 2RL3
£521K05/210.11 mi85, Houston Road, London, Greater London SE23 2RL3
£460K11/200.11 mi105, Houston Road, London, Greater London SE23 2RL3
£515K10/210.13 mi34, Castlands Road, London, Greater London SE6 4LN3
£565K03/210.13 mi14, Houston Road, London, Greater London SE23 2RN3
£500K03/210.13 mi12, Houston Road, London, Greater London SE23 2RN3
£720K07/230.14 mi1, Ticehurst Road, London, Greater London SE23 2TJ3
£580K10/200.15 mi62, Woolstone Road, London, Greater London SE23 2SW3
£393K01/230.18 mi38, Burford Road, London, Greater London SE6 4DD3
£620K05/230.19 mi9, Tugela Street, London, Greater London SE6 4DQ3
£615K03/210.21 mi38, Winsford Road, London, Greater London SE6 4LX3
£485K03/210.21 mi78, Burford Road, London, Greater London SE6 4DB3
£510K12/200.21 mi129, Burford Road, London, Greater London SE6 4DB3
£510K11/200.21 mi1a, Winsford Road, London, Greater London SE6 4LS3
£516K04/230.22 mi2, Tugela Street, London, Greater London SE6 4DG3
£470K07/230.22 mi6, Cameron Road, London, Greater London SE6 4DJ3
£675K02/230.22 mi60, Priestfield Road, London, Greater London SE23 2RS3
£688.5K02/210.22 mi68, Priestfield Road, London, Greater London SE23 2RS3
£545K03/210.22 mi42, Priestfield Road, London, Greater London SE23 2RS3
£635K02/240.23 mi15, Aldermoor Road, London, Greater London SE6 4DL3
£645K12/220.23 mi27, Selworthy Road, London, Greater London SE6 4DP3
£540K09/210.23 mi5, Priestfield Road, London, Greater London SE23 2RW3
£695K06/210.23 mi21, Priestfield Road, London, Greater London SE23 2RW3
£625K10/220.24 mi18, Selworthy Road, London, Greater London SE6 4DP3
£596.5K09/210.24 mi161, Woolstone Road, London, Greater London SE23 2TG3
£767.5K11/210.24 mi151, Woolstone Road, London, Greater London SE23 2TG3
£500K07/230.25 mi89, Selworthy Road, London, Greater London SE6 4DW3
£610K09/210.27 mi53, Winsford Road, London, Greater London SE6 4LT3
£530K02/240.27 mi106, Selworthy Road, London, Greater London SE6 4DN3
£690K05/210.28 mi125, Cranston Road, London, Greater London SE23 2EZ3
£515K03/210.29 mi89, Datchet Road, London, Greater London SE6 4BZ3
£390K12/200.29 mi75, Datchet Road, London, Greater London SE6 4BZ3
£571K12/220.29 mi95, Datchet Road, London, Greater London SE6 4BZ3
£870K03/210.29 mi23, Northwood Road, London, Greater London SE23 2HR3
£590K01/210.3 mi116, Cranston Road, Forest Hill, London, Greater London SE23 2EY3
£617K10/200.3 mi82, Cranston Road, London, Greater London SE23 2EY3
£490K02/210.3 mi72, Cranston Road, Forest Hill, London, Greater London SE23 2EY3

Local Area Statistics

Population in SE6

53,011

Population in London

4,771,921

Town centre distance

7.02 miles away

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £550,000

March 12, 2025

Floor Plans

Description

  • Three / four bedroom house +
  • CHAIN FREE +
  • FREEHOLD TENURE +
  • End of terrace +
  • Investment and residential opportunity +
  • Fabulous location +
  • Nicely sized rear garden +
  • Versatile layout +
  • Rare opporunity +
  • EPC rating is E, council tax is D +

INVESTMENT OPPORTUNITY.
HMO LICENCE IN PLACE.
RESIDENTIAL HOUSE IN NEED OF LOVE.

Propertyworld is pleased to offer this CHAIN FREE, END OF TERRACE, 3 / 4 bedroom, FREEHOLD house for sale that offers both RESIDENTIAL and INVESTMENT opportunities.

Historically let out with a HMO licence (still valid) and generating a strong yield - the house is ideal for any investors looking for a rare and lucrative opportunity but is equally an attractive option for residential buyers looking for a period property they can call home. In need of a little love, the house has a versatile layout, fab location, nicely sized rear garden and is flooded in natural light. Offered CHAIN FREE and with FREEHOLD, any sale should be quick and stress free.

Call Propertyworld to be first to view.

We loved the quiet road and great location when we first came to view the house and were struck by the rarity of the layout and end of terrace location. We feel its time for the house to be given a new lease of life - either as a residential home or as a lucrative investment for someone,.

Agent Details

Property World, Sydenham - Sales

020 3840 3702

Next Steps?

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