2 Bed Flat, Single Let, Beckenham, BR3 4XS, £275,000

Mayford Close, Beckenham, BR3 4XS - 1 views - 23 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£237K - £468K
Sold Prices/m²£3.4K/m² - £8.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£332,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£1,300 - £2,350

Rent Estimate

£1,425

Running Costs/mo

£1,164

Cashflow/mo

£261

Cashflow/yr

£3,128

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237K to £468K, average is £363.8K. £3.4K/m² to £8.8K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£370K08/230.36 mi72, Shirley Crescent, Beckenham, Greater London BR3 4AZ2
£320K02/210.38 mi1, Clement Road, Beckenham, Greater London BR3 4NT2
£362.5K01/230.4 mi259, Mackenzie Road, Beckenham, Greater London BR3 4SH2
£421K07/230.43 mi290, Blandford Road, Beckenham, Greater London BR3 4NL2
£350.5K11/200.43 mi316, Blandford Road, Beckenham, Greater London BR3 4NL2
£369.5K10/210.43 mi268, Blandford Road, Beckenham, Greater London BR3 4NL2
£361.5K10/210.47 mi250, Blandford Road, Beckenham, Greater London BR3 4NJ2
£390K05/230.47 mi214, Blandford Road, Beckenham, Greater London BR3 4NJ2
£380K03/210.48 mi214, Birkbeck Road, Beckenham, Greater London BR3 4SX2
£385K01/210.48 mi16, Felmingham Road, Anerley, London, Greater London SE20 7YD2
£423.5K08/210.51 mi223, Ravenscroft Road, Beckenham, Greater London BR3 4TE2
£267K01/230.52 mi152, Longheath Gardens, Croydon, Greater London CR0 7TQ2
£428.5K06/230.53 mi109, Birkbeck Road, Beckenham, Greater London BR3 4SR2
£365K03/230.53 mi159, Blandford Road, Beckenham, Greater London BR3 4NG2
£365K06/210.53 miLower Maisonette, 139, Blandford Road, Beckenham, Greater London BR3 4NG2
£360K11/210.55 mi177, Ravenscroft Road, Beckenham, Greater London BR3 4TN2
£370K04/210.57 mi85b, Marlow Road, London, Greater London SE20 7XR2
£375K06/210.59 mi87a, Avenue Road, Beckenham, Greater London BR3 4RX2
£375K06/210.6 mi23, Bourdon Road, London, Greater London SE20 7SP2
£310K11/200.6 mi255a, Croydon Road, Beckenham, Greater London BR3 3PS2
£395K03/210.61 mi93, Birkbeck Road, Beckenham, Greater London BR3 4SW2
£333.3K06/210.61 miA, 43, Samos Road, London, Greater London SE20 7TX2
£468K07/230.64 mi17a, Clock House Road, Beckenham, Greater London BR3 4JS2
£415K02/210.66 mi3a, Stembridge Road, London, Greater London SE20 7UE2
£320K03/210.66 mi11b, Worbeck Road, London, Greater London SE20 7SW2
£350K01/210.66 mi115, Harrington Road, London, Greater London SE25 4NP2
£427.5K05/210.67 mi16a, Tremaine Road, London, Greater London SE20 7TZ2
£410K05/210.67 mi55a, Tremaine Road, London, Greater London SE20 7UA2
£450K04/230.67 mi11a, Samos Road, London, Greater London SE20 7UQ2
£425K01/210.68 mi6a, Samos Road, Anerley, London, Greater London SE20 7TU2
£400K06/210.68 mi30a, Samos Road, London, Greater London SE20 7TU2
£365K01/210.7 mi36, Archer Road, London, Greater London SE25 4JN2
£300K09/210.7 mi50, Archer Road, London, Greater London SE25 4JN2
£282.5K10/210.7 miFlat 8, Clock House Court, Clock House Road, Beckenham, Greater London BR3 4JR2
£255K11/200.73 miFlat 29, Sherborne Court, Elmers End Road, London, Greater London SE20 7SL2
£400K06/210.73 miFirst Floor Flat, 33, Royston Road, London, Greater London SE20 7QW2
£240K07/230.75 miFlat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP2
£325K01/210.77 mi98, Albert Road, London, Greater London SE25 4JW2
£237K12/200.79 miFlat 22, Avenue Court, Avenue Road, London, Greater London SE20 7RX2
£360K01/210.79 mi4, Ingatestone Road, London, Greater London SE25 4LG2
£285K01/210.79 mi3, Ingatestone Road, London, Greater London SE25 4LG2
£386K03/230.79 mi47, Ingatestone Road, London, Greater London SE25 4LG2
£360K08/230.79 mi34, Ingatestone Road, London, Greater London SE25 4LG2
£292.5K04/210.83 miFlat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR2
£405K02/210.84 mi6d, Barnmead Road, Beckenham, Greater London BR3 1JE2
£265K03/230.85 miFlat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT2
£297.5K02/210.85 mi31a, Southcote Road, London, Greater London SE25 4RG2
£265.5K02/210.87 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£318K01/230.87 miFlat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW2
£250K02/210.87 mi14, St Marks Road, London, Greater London SE25 4UH2

Local Rents

35 rents from £1.3K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70005/240.17 mi-2
£1,70004/240.18 miCroydon Road, Beckenham, BR32
£1,70005/240.18 miCroydon Road, Beckenham, BR32
£1,70005/240.18 mi-2
£1,70003/240.27 miElmers End Road, Beckenham2
£1,75003/240.28 miBuckingham Apartments BR32
£1,75012/240.33 mi-2
£1,65012/240.41 mi-2
£1,80003/240.41 miElmers End Road, Beckenham, BR32
£2,35012/240.41 mi-2
£1,65012/240.45 mi-2
£1,50003/240.46 mi-2
£1,50003/240.46 miMountbatten Gardens, Beckenham, BR32
£1,40003/240.47 miBlandford Road, London, BR32
£1,70004/240.47 miKimberley Road, Beckenham2
£1,75012/240.48 mi-2
£2,00012/240.48 mi-2
£1,67505/240.49 miRebecca Court, Croydon Road BR32
£1,30004/240.51 mi-2
£2,00003/240.52 mi-2
£1,75012/240.52 mi-2
£1,60004/250.54 mi-2
£1,60003/240.54 miRavenscroft Road, Beckenham BR32
£1,70008/240.56 mi-2
£2,20008/240.56 mi-2
£2,20008/240.56 mi-2
£2,20008/240.56 mi-2
£1,75012/240.57 mi-2
£1,80012/240.58 mi-2
£1,60010/240.59 mi-2
£1,60008/240.59 miMarlow Road, London, SE202
£1,60003/240.6 miAvenue Road, Beckenham, Kent BR3 4SA2
£1,60004/240.6 miCroydon Road, Beckenham, BR32
£1,79503/250.61 mi-2
£1,70003/250.61 mi-2

Local Area Statistics

Population in BR3

47,386

Population in Beckenham

47,411

Town centre distance

0.92 miles away

Nearest school

0.30 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £275,000

March 19, 2025

Floor Plans

Description

  • Chain free +
  • Ideal for a first time buyer to add their own stamp on the property +
  • Just a stones throw to Elmers End Train Station and Tram Stop +
  • Lease 147 years and service charge £1400 per annum +
  • Two bedrooms with master bedroom benefitting from built in wardrobes +
  • Communal gardens and parking +
  • Ground floor +

The Address is pleased to offer this charming chain-free ground floor flat, ideal for a first-time buyer looking to add their personal touch. Located just moments away from Elmers End Train Station and Tram Stop, this property boasts convenience for commuters. With a lease of 147 years and a service charge of £1400 per annum, this is a fantastic opportunity to acquire a flat with a long lease and reasonable service charge.

Internally, the property features two bedrooms, with the master bedroom benefitting from built-in wardrobes. The ground floor positioning provides easy access, and the communal gardens and parking add to the practicality of this home.

With its prime location and versatile spaces, this property presents an excellent canvas for customisation. Contact us today for further details and to arrange an internal viewing.

Agent Details

The Address, Beckenham

020 3907 2966

Next Steps?

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