3 Bed Flat, Planning Permission, London, SE27 0HS, £1,250,000

Knights Hill, London, SE27 0HS - 25 days ago

Planning

~93 m²

+15 photos

ValuationOvervalued

Sold Prices	£285K - £985K
Sold Prices/m²	£4K/m² - £9.2K/m²

Square Metres	~93 m²
Price/m²	£13.4K/m²
Value Estimate	£527,272£527,272

End Value (After Refurb)	£1,106,250£1,106,250

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£312,500£312,500
Stamp Duty & Legal Fees	£129,950£129,950
Refurb Costs	£49,215£49,215
Bridging Loan Interest	£32,813£32,813
Total Cash In	£526,227£526,227

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,106,250£1,106,250
Mortgage (After Refinance)	£829,688£829,688
Mortgage LTV	75%75%
Cash Left In	£526,227£526,227
Equity	£276,563£276,563
Rent Range	£1,900 - £2,300,530£1,900 - £2,300,530
Rent Estimate	£2,717
Running Costs/mo	£4,020£4,020
Cashflow/mo	£-1,303£-1,303
Cashflow/yr	£-15,641£-15,641
Gross Yield	3%3%

Local Sold Prices

51 sold prices from £285K to £985K, average is £490K. £4K/m² to £9.2K/m², average is £5.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£550K	01/21	0.27 mi	152, Casewick Road, London, Greater London SE27 0SZ	£7,143	77	3	Flat
£591K	06/21	0.27 mi	158, Casewick Road, London, Greater London SE27 0SZ	£5,629	105	3	Flat
£575K	07/23	0.27 mi	144, Casewick Road, London, Greater London SE27 0SZ	£5,928	97	3	Flat
£343.5K	11/20	0.3 mi	Flat 25, Levehurst House, Woodvale Walk, London, Greater London SE27 0HA	£4,520	76	3	Flat
£470K	03/21	0.32 mi	101a, Casewick Road, London, Greater London SE27 0TA	-	-	3	Flat
£565K	06/23	0.32 mi	145, Casewick Road, London, Greater London SE27 0TA	£6,975	81	3	Flat
£490K	12/22	0.34 mi	33, Furneaux Avenue, London, Greater London SE27 0EQ	£6,447	76	3	Flat
£475K	02/21	0.39 mi	142, St Louis Road, London, Greater London SE27 9QH	£5,523	86	3	Flat
£520K	03/21	0.39 mi	58a, Durban Road, London, Greater London SE27 9RP	£8,254	63	3	Flat
£365K	10/20	0.39 mi	Flat 29, Longmead House, Woodvale Walk, London, Greater London SE27 0HE	-	-	3	Flat
£355K	10/20	0.39 mi	Flat 27, Longmead House, Woodvale Walk, London, Greater London SE27 0HE	-	-	3	Flat
£375K	12/20	0.4 mi	77, Lakeview Road, London, Greater London SE27 0QH	£4,688	80	3	Flat
£416K	06/21	0.45 mi	25, St Gothard Road, London, Greater London SE27 9QR	£6,710	62	3	Flat
£480K	02/21	0.47 mi	Ground Floor Flat, 60, Norwood Park Road, London, Greater London SE27 9UA	-	-	3	Flat
£500K	06/21	0.51 mi	Flat 8, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	£6,329	79	3	Flat
£560K	06/23	0.51 mi	Flat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	-	-	3	Flat
£435K	10/22	0.51 mi	48a, Tritton Road, London, Greater London SE21 8DE	£4,780	91	3	Flat
£650K	01/23	0.52 mi	22a, Tritton Road, London, Greater London SE21 8DE	-	-	3	Flat
£550K	02/21	0.53 mi	Flat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	-	-	3	Flat
£523K	12/22	0.58 mi	Flat 7, William Brown Court, Norwood Road, London, Greater London SE27 9DD	-	-	3	Flat
£850K	10/20	0.58 mi	17b, Knollys Road, London, Greater London SW16 2JJ	-	-	3	Flat
£370K	11/21	0.59 mi	27, Park Hall Road, London, Greater London SE21 8EH	£4,022	92	3	Flat
£617.5K	01/21	0.61 mi	161, Leigham Court Road, London, Greater London SW16 2SE	£6,175	100	3	Flat
£475K	07/23	0.61 mi	167, Leigham Court Road, Streatham, London, Greater London SW16 2SE	-	-	3	Flat
£615K	12/22	0.62 mi	160, Clive Road, London, Greater London SE21 8BP	£7,766	79	3	Flat
£412K	06/23	0.64 mi	16, Gibbs Square, London, Greater London SE19 1JN	£5,351	77	3	Flat
£412K	06/23	0.64 mi	16, Gibbs Square, London, Greater London SE19 1JN	£5,351	77	3	Flat
£985K	05/21	0.65 mi	100, Leigham Vale, London, Greater London SW2 3JH	£5,327	185	3	Flat
£480K	01/23	0.7 mi	191b, South Croxted Road, London, Greater London SE21 8AY	-	-	3	Flat
£627.3K	12/20	0.7 mi	30, Harborough Road, London, Greater London SW16 2XW	£6,893	91	3	Flat
£565K	05/21	0.71 mi	118, Harborough Road, London, Greater London SW16 2XW	£5,650	100	3	Flat
£421K	05/21	0.71 mi	37, Durning Road, London, Greater London SE19 1JP	£5,689	74	3	Flat
£450K	06/21	0.74 mi	2a, Station Rise, London, Greater London SE27 9BW	£4,286	105	3	Flat
£420K	07/23	0.75 mi	10, Maple Mews, London, Greater London SW16 2AL	£5,504	76	3	Flat
£330K	11/20	0.76 mi	Flat 32, Falcon Court, Elmworth Grove, London, Greater London SE21 8RG	-	-	3	Flat
£440K	12/20	0.77 mi	Flat 14, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ	-	-	3	Flat
£415K	02/21	0.77 mi	Flat 16, Heron Court, Elmworth Grove, London, Greater London SE21 8RQ	-	-	3	Flat
£517.5K	07/23	0.78 mi	77, Durning Road, London, Greater London SE19 1JS	£6,923	75	3	Flat
£625K	12/20	0.81 mi	38, Mount Nod Road, London, Greater London SW16 2LL	£5,509	113	3	Flat
£475K	12/21	0.81 mi	Flat 1, Bullfinch Court, Croxted Road, London, Greater London SE21 8RL	-	-	3	Flat
£422.5K	07/23	0.83 mi	10a, Oakdale Road, London, Greater London SW16 2HP	£5,114	83	3	Flat
£530K	03/23	0.84 mi	6, Keymer Road, London, Greater London SW2 3AP	£5,464	97	3	Flat
£640K	08/23	0.85 mi	53a, Alexandra Drive, London, Greater London SE19 1AW	£8,205	78	3	Flat
£545K	03/21	0.86 mi	243, Barcombe Avenue, London, Greater London SW2 3BH	£5,924	92	3	Flat
£686K	09/21	0.87 mi	23, Mount Nod Road, London, Greater London SW16 2LQ	£6,423	107	3	Flat
£750K	08/23	0.88 mi	33a, Streatham Common North, London, Greater London SW16 3HP	-	-	3	Flat
£650K	01/21	0.9 mi	38b, Angles Road, London, Greater London SW16 2UR	-	-	3	Flat
£425K	06/21	0.9 mi	31, Glazebrook Close, London, Greater London SE21 8RP	£5,449	78	3	Flat
£590K	12/20	0.92 mi	108, Sunnyhill Road, London, Greater London SW16 2UL	£9,219	64	3	Flat
£285K	07/21	0.92 mi	Flat 3, Parnall House, Kingswood Estate, London, Greater London SE21 8PZ	-	-	3	Flat
£375K	08/21	0.93 mi	Flat 6, Bertrand House, Leigham Avenue, London, Greater London SW16 2TJ	-	-	3	Flat

Local Rents

50 rents from £1.9K/mo to £2.3M/mo, average is £2.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,600	01/25	0.06 mi	-	3	Flat
£2,300	08/24	0.11 mi	Knights Hill, West Norwood	3	Flat
£2,450	09/24	0.12 mi	-	3	Flat
£2,250	08/24	0.12 mi	Norwood High Street, London, SE27	3	Flat
£3,400	08/24	0.19 mi	St Julians Farm Road, West Norwood, London, SE27	3	Flat
£2,500	08/24	0.19 mi	Ladas Road, West Norwood, London, SE27	3	Terraced House
£3,500	09/24	0.21 mi	Cheviot Road, West Norwood, London, SE27	3	House
£2,300,530	11/23	0.22 mi	Hainthorpe Road, London, SE27	3	Flat
£2,600	08/24	0.23 mi	-	3	Terraced House
£2,350	01/25	0.24 mi	-	3	Semi-Detached House
£2,700	08/24	0.26 mi	Selsdon Road, West Norwood, SE27	3	Flat
£2,850	08/24	0.27 mi	-	3	Flat
£2,700	04/25	0.27 mi	-	3	Flat
£2,100	08/24	0.28 mi	Dassett Road West Norwood SE27	3	Flat
£2,900	08/24	0.28 mi	Casewick Road, West Norwood, London, SE27	3	Terraced House
£2,250	09/24	0.29 mi	Yeoman Close, London, SE27	3	Terraced House
£2,300	08/24	0.29 mi	Yeoman Close, West Norwood	3	House
£2,975	08/24	0.34 mi	Waldeck Grove, London, SE27	3	Terraced House
£3,250	09/24	0.34 mi	-	3	Terraced House
£1,900	08/24	0.36 mi	Chichester Mews, London, SE27	3	Terraced House
£2,500	08/24	0.36 mi	Elder Road , Norwood , London	3	House
£2,950	08/24	0.37 mi	Waylett Place, West Norwood, London, SE27	3	Flat
£2,500	08/24	0.38 mi	Tivoli Road, Knight's Hill, SE27	3	Flat
£2,900	04/25	0.41 mi	-	3	Terraced House
£2,600	04/25	0.41 mi	-	3	Terraced House
£2,500	12/24	0.43 mi	-	3	Semi-Detached House
£2,800	08/24	0.43 mi	Norwood Park Road London SE27	3	House
£2,500	08/24	0.45 mi	St. Peters Gardens, London, SE27	3	Terraced House
£2,300	08/24	0.46 mi	Gipsy Road London SE27	3	Flat
£2,750	08/24	0.47 mi	Glennie Road London SE27	3	House
£2,400	01/25	0.5 mi	-	3	Flat
£2,600	01/25	0.5 mi	-	3	Flat
£2,595	08/24	0.51 mi	Tritton Road, London	3	Terraced House
£2,150	08/24	0.51 mi	Broxholm Road London SE27	3	Flat
£2,500	08/24	0.52 mi	-	3	Flat
£3,100	10/24	0.52 mi	-	3	Flat
£3,300	10/24	0.52 mi	-	3	Terraced House
£2,000	08/24	0.53 mi	Queen Mary Road, Upper Norwood, London, SE19	3	Flat
£3,000	09/24	0.54 mi	-	3	Semi-Detached House
£3,000	03/25	0.54 mi	-	3	Terraced House
£3,300	10/24	0.55 mi	-	3	Flat
£2,250	08/24	0.56 mi	2 Myton Road, West Dulwich, London, SE21	3	Flat
£2,400	10/24	0.57 mi	-	3	Flat
£4,800	12/24	0.59 mi	-	3	Terraced House
£2,700	09/24	0.59 mi	Clive Road, West Dulwich, West Norwood, Gipsy Hill, Tulse Hill, SE21	3	Terraced House
£2,600	01/25	0.59 mi	-	3	Terraced House
£2,800	08/24	0.6 mi	Rommany Road London SE27	3	House
£2,500	11/24	0.6 mi	-	3	Flat
£3,600	10/24	0.61 mi	-	3	Terraced House
£3,600	10/24	0.61 mi	-	3	Terraced House

Local Area Statistics

Population in SE27	21,35821,358
Population in London	4,771,9214,771,921
Town centre distance	6.83 miles away6.83 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.18 miles away0.18 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-20%-20%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-4%-4%

Property History

Listed for £1,250,000

March 17, 2025

Floor Plans

Description

Property Type - Freehold Mixed Commercial and Residential +
Sold with vacant possession +
Prime Location +
5 min walk to West Norwood train station +
Access to the rear +
Development potential subject to planning permission. +
PLEASE NOTE: The direct extension number for the agent dealing with this property is 111. +

Prime Commercial Property with Huge Development Potential

We are delighted to present an exciting opportunity to acquire a versatile commercial property in the heart of SE27.

The West Norwood/Tulse Hill area has been seeing a lot of growth and development in recent years, making it appealing for both residential and commercial projects.

The property comprises the two commercial shops and a three bedroom flat above.

There is SIGNIFICANT DEVELOPMENT POTENTIAL, with scope for expansion, conversion, or enhanced commercial use (STPP)

This is a sought-after location – Close to West Norwood and Tulse Hill stations, with excellent transport links and a thriving local community

Don't miss this fantastic investment opportunity in a rapidly developing area.

PLEASE NOTE: The direct extension number for the agent dealing with this property is 111.

Agent Details

Keller Williams Advantage, Covering South East

020 3835 6417

Next Steps?

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

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