2 Bed Flat, Single Let, Wallington, SM6 9EA, £385,000

Link Lane, Wallington, Surrey, SM6 9EA - a month ago

Leasehold
BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£132.5K - £646K
Sold Prices/m²£1.9K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.7K/m²

Value Estimate

£325,530

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Total Cash In

£123,450

 

 

Cash Out

 

Rent Range

£1,350 - £1,900

Rent Estimate

£1,400

Running Costs/mo

£1,503

Cashflow/mo

£-103

Cashflow/yr

£-1,237

Gross Yield

4%

Local Sold Prices

43 sold prices from £132.5K to £646K, average is £295K. £1.9K/m² to £6.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£646K06/210.28 mi17, Ross Road, Wallington, Greater London SM6 8QN2
£264K04/210.28 miFlat 26, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£252.5K09/210.28 miFlat 16, Melrose Tudor, Plough Lane, Wallington, Greater London SM6 8LR2
£290K10/200.31 mi9, Hanno Close, Wallington, Greater London SM6 9BZ2
£225K04/210.35 mi43, Plough Lane Close, Wallington, Greater London SM6 8JN2
£132.5K11/200.38 mi22, Brown Close, Wallington, Greater London SM6 9ER2
£140K05/210.4 mi41, Brown Close, Wallington, Greater London SM6 9ER2
£347.5K07/230.44 mi24, Bute Gardens West, Wallington, Greater London SM6 8SR2
£210K10/210.44 mi10, Typhoon Way, Wallington, Greater London SM6 9AW2
£230K01/230.47 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£335K06/230.47 mi6, Spring Gardens, Wallington, Greater London SM6 8SW2
£340K03/230.51 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£141K01/210.54 mi25, Bute Court, Wallington, Greater London SM6 8AG2
£430K09/210.55 miFlat B, 16, Belmont Road, Wallington, Greater London SM6 8TB2
£292.5K07/210.6 mi12, Plesman Way, Wallington, Greater London SM6 9NB2
£190K10/210.61 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£260K11/200.62 mi36, Sunkist Way, Wallington, Greater London SM6 9LQ2
£348K08/230.63 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£340K06/210.65 mi45, Park Road, Wallington, Greater London SM6 8AA2
£272.5K12/200.66 miFlat 33, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£255K07/230.68 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£322.5K04/210.71 mi5, Merebank Lane, Croydon, Greater London CR0 4NP2
£315K10/210.71 mi19a, Merebank Lane, Croydon, Greater London CR0 4NP2
£320K05/210.74 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K05/230.74 mi14, Bond Gardens, Wallington, Greater London SM6 7LP2
£345K02/210.77 mi33, Grosvenor Road, Wallington, Greater London SM6 0EN2
£325K03/230.82 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£287K02/210.82 mi4, Queens Close, Wallington, Greater London SM6 0AQ2
£302K04/210.82 mi6, Queens Close, Wallington, Greater London SM6 0AQ2
£300K10/210.82 mi9, Queens Close, Wallington, Greater London SM6 0AQ2
£270K01/230.91 mi17, Meller Close, Croydon, Greater London CR0 4UB2
£268K08/210.91 miFlat 10, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£330K03/210.91 mi65a, Park Lane, Carshalton, Greater London SM5 3EE2
£260K02/210.92 miFlat 11, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£260K03/210.92 miFlat 18, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£268K04/210.92 miFlat 19, Harcourt Lodge, Croydon Road, Wallington, Greater London SM6 7PB2
£321K11/200.92 miTop Floor Flat, 33, Park Lane, Carshalton, Greater London SM5 3EE2
£395K01/230.92 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£297.5K06/210.96 mi57, Lavender Road, Carshalton, Greater London SM5 3EF2
£350K02/230.96 mi18, Lavender Road, Carshalton, Greater London SM5 3EF2
£295K06/210.97 mi37, Lavender Close, Carshalton, Greater London SM5 3EH2
£295K06/210.97 mi13, Lavender Close, Carshalton, Greater London SM5 3EH2
£297.5K04/210.97 mi23, Lavender Close, Carshalton, Greater London SM5 3EH2

Local Rents

34 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70010/240.03 mi-2
£1,57509/240.13 miStafford Road, WALLINGTON2
£1,45009/240.13 miStafford Road, Wallington, SM62
£1,87512/240.14 mi-2
£1,60002/240.18 mi-2
£1,45008/240.21 miStafford Road, WALLINGTON2
£1,50009/240.21 miStafford Road, WALLINGTON2
£1,70003/250.24 mi-2
£1,87509/240.25 miBeddington Grove, Wallington, SM62
£1,45008/240.25 mi-2
£1,87509/240.25 miBeddington Grove, Wallington SM6 8LH2
£1,50008/240.26 miHengist Way, Wallington, Surrey, SM62
£1,55009/240.27 miHeron Way Wallington SM62
£1,65009/240.29 mi-2
£1,75008/240.33 miStafford Road, Wallington, Surrey, SM62
£1,60009/240.38 mi-2
£1,90010/240.41 mi-2
£1,90009/240.41 miStafford Road, Wallington, SM62
£1,60004/250.51 mi-2
£1,35008/240.52 miRosemount Clarendon Road Wallington SM6 8RW2
£1,45008/240.52 miClarendon Road, WALLINGTON2
£1,50008/240.52 miCavalier Close Wallington SM62
£1,60009/240.53 mi-2
£1,50009/240.54 miBelmont Road, WALLINGTON2
£1,65010/240.54 mi-2
£1,40008/240.55 miBute Court, Bute Road, Wallington, SM62
£1,75009/240.56 miCavalier Close, Wallington, SM62
£1,55008/240.57 mi-2
£1,40008/240.57 miLancastrian Road Wallington SM62
£1,50002/240.58 miMelbourne Road, Wallington, Surrey, SM62
£1,85001/250.59 mi-2
£1,47508/240.6 miWoodcote Road, Wallington, SM62
£1,50009/240.61 miWoodcote Road, Wallington, SM62
£1,50009/240.62 miCanon Court, 91 Manor Road, Wallington, SM62

Local Area Statistics

Population in SM6

36,166

Town centre distance

0.22 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+30%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £385,000

March 17, 2025

Floor Plans

Description

  • No Onward Chain +
  • First Floor Flat +
  • 16'2 x 13'5 Living Room +
  • Two Bedrooms +
  • Beautifully Presented +
  • 125' x 40'9 Garden +
  • Leasehold: 152 Years Remaining +
  • Service Charge: £390 +
  • Ground Rent: Peppercorn +
  • Tax Band C +

Situated in a sought-after tree lined residential road – this attractive property is served well by a host of reputable schools, with Wilson’s School within just 0.3 miles and Bandon Hill Primary School located within only 0.1 miles, so ideal for those with children. Wallington High Street with its generous mix of restaurants, shops, leisure facilities and transport links, including Wallington Mainline station is within 0.7 miles, making this no onward chain flat a very conveniently located proposition.

Style and space are what this exceptional first floor flat exudes – so we believe you’ll be extremely impressed with the generous proportions this lovingly and effectively designed property offers. Stairs from the entrance hall lead up to a welcoming landing area with the accommodation consisting of an impressive 16’2 x 13’5 living room with bay window, a stylish and well-appointed 10’8 x 10’5 kitchen, a sleek and contemporary bathroom with separate w.c and two good sized bedrooms – the largest measuring 15’7 x 11’8 and which also benefits from built-in wardrobes. This beautifully presented flat – which has the added advantage of no onward chain – also boasts a well-established 125’ x 40’9 garden to the side and we can’t recommend a viewing more highly in order to fully appreciate everything this appealing property has to offer.

Agent Details

Andrews Estate Agents, Wallington

020 3869 5104

Next Steps?

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