3 Bed Flat, Refurb/BRRR, London, SE26 6NR, £525,000

311D Charleville Circus, London - 3 views - 11 days ago

Sold STC

Refurb/BRRR

ROI: 3%

~93 m²

+7 photos

ValuationOvervalued

Sold Prices	£285K - £662.5K
Sold Prices/m²	£3.4K/m² - £10.2K/m²

Square Metres	~93 m²
Price/m²	£5.6K/m²
Value Estimate	£448,020£448,020

End Value (After Refurb)	£553,571£553,571
Uplift in Value	+5%+5%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£131,250£131,250
Stamp Duty & Legal Fees	£41,200£41,200
Refurb Costs	£49,214£49,214
Bridging Loan Interest	£13,781£13,781
Total Cash In	£237,195£237,195

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£553,571£553,571
Mortgage (After Refinance)	£415,179£415,179
Mortgage LTV	75%75%
Cash Released	£21,429£21,429
Cash Left In	£215,766£215,766
Equity	£138,393£138,393
Rent Range	£1,700 - £6,500£1,700 - £6,500
Rent Estimate	£2,993
Running Costs/mo	£2,349£2,349
Cashflow/mo	£644£644
Cashflow/yr	£7,734£7,734
ROI	3%3%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £285K to £662.5K, average is £418.5K. £3.4K/m² to £10.2K/m², average is £5.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£520.5K	01/23	0.04 mi	49f, Westwood Hill, Sydenham, London, Greater London SE26 6NS	£5,422	96	3	Flat
£409K	12/20	0.08 mi	40, Ormanton Road, London, Greater London SE26 6RB	£4,596	89	3	Flat
£520K	05/21	0.16 mi	Helios, 35d, Crystal Palace Park Road, London, Greater London SE26 6UR	-	-	3	Flat
£617.5K	04/21	0.16 mi	Helios, 35b, Crystal Palace Park Road, London, Greater London SE26 6UR	-	-	3	Flat
£527K	03/23	0.16 mi	Helios, 35d, Crystal Palace Park Road, London, Greater London SE26 6UR	-	-	3	Flat
£585K	01/21	0.18 mi	Bracklea, Border Crescent, London, Greater London SE26 6DF	£6,500	90	3	Flat
£405K	10/23	0.19 mi	Flat 2, Hurst House, Chulsa Road, London, Greater London SE26 6DA	-	-	3	Flat
£410K	07/23	0.19 mi	Flat 9, Hurst House, Chulsa Road, London, Greater London SE26 6DA	£5,541	74	3	Flat
£370K	05/21	0.24 mi	7, Peters Path, London, Greater London SE26 6LD	£4,022	92	3	Flat
£330K	06/21	0.27 mi	50, Peters Path, London, Greater London SE26 6LE	£3,438	96	3	Flat
£410K	01/23	0.29 mi	1a, Lawrie Park Avenue, London, Greater London SE26 6HA	£6,308	65	3	Flat
£647K	11/20	0.32 mi	20a, Longton Grove, London, Greater London SE26 6QE	£4,902	132	3	Flat
£662.5K	10/20	0.32 mi	16a, Longton Grove, London, Greater London SE26 6QE	£5,164	128	3	Flat
£420K	09/23	0.34 mi	6a, Hall Drive, London, Greater London SE26 6XB	-	-	3	Flat
£350K	06/21	0.34 mi	33, Wells Park Road, London, Greater London SE26 6JQ	£4,419	79	3	Flat
£387K	10/20	0.34 mi	29, Wells Park Road, London, Greater London SE26 6JQ	£4,398	88	3	Flat
£375K	09/23	0.34 mi	31, Wells Park Road, London, Greater London SE26 6JQ	-	-	3	Flat
£374.8K	02/23	0.34 mi	67, Wells Park Road, London, Greater London SE26 6JQ	£4,259	88	3	Flat
£305K	03/21	0.37 mi	Flat 6, Woodbury House, Sydenham Hill, London, Greater London SE26 6AW	-	-	3	Flat
£315K	11/21	0.37 mi	Flat 5, Pendle House, Sydenham Hill, London, Greater London SE26 6AL	-	-	3	Flat
£417K	02/23	0.43 mi	Flat 23, Coniston Court, Springfield Road, London, Greater London SE26 6HF	-	-	3	Flat
£425K	04/23	0.43 mi	Flat 11, Coniston Court, Springfield Road, London, Greater London SE26 6HF	-	-	3	Flat
£375K	05/23	0.44 mi	Flat 1, Raleigh Court, Lymer Avenue, London, Greater London SE19 1LS	-	-	3	Flat
£485K	11/20	0.44 mi	Flat 18, Bath Court, Droitwich Close, London, Greater London SE26 6TW	-	-	3	Flat
£625K	06/21	0.45 mi	15, Fransfield Grove, London, Greater London SE26 6BA	£7,462	84	3	Flat
£493K	10/20	0.45 mi	4a, Fransfield Grove, London, Greater London SE26 6BA	£6,321	78	3	Flat
£317K	06/23	0.47 mi	Flat 5, Cissbury House, Sydenham Hill, London, Greater London SE26 6TS	-	-	3	Flat
£325K	02/21	0.47 mi	Flat 2, Cissbury House, Sydenham Hill, London, Greater London SE26 6TS	-	-	3	Flat
£640K	12/20	0.49 mi	13, Peak Hill Avenue, London, Greater London SE26 4LG	£6,491	99	3	Flat
£507.5K	12/20	0.5 mi	46, Peak Hill, London, Greater London SE26 4LR	£4,060	125	3	Flat
£350K	11/20	0.51 mi	Flat 8, Dundry House, Sydenham Hill, London, Greater London SE26 6LP	-	-	3	Flat
£320K	07/23	0.53 mi	Flat 2, Farley House, Sydenham Hill, London, Greater London SE26 6LR	-	-	3	Flat
£561K	12/23	0.53 mi	106b, Venner Road, London, Greater London SE26 5HR	£5,147	109	3	Flat
£575K	03/21	0.56 mi	55a, Venner Road, London, Greater London SE26 5EJ	£5,088	113	3	Flat
£560K	03/21	0.56 mi	47a, Venner Road, London, Greater London SE26 5EJ	£4,553	123	3	Flat
£470K	09/21	0.56 mi	65, Peak Hill, London, Greater London SE26 4NS	£5,802	81	3	Flat
£327.5K	06/21	0.58 mi	First Floor Flat, 37, Homecroft Road, London, Greater London SE26 5QN	-	-	3	Flat
£495K	09/21	0.58 mi	18, Kinver Road, London, Greater London SE26 4NT	£5,915	84	3	Flat
£510K	06/21	0.6 mi	102, Byne Road, London, Greater London SE26 5JD	£3,581	142	3	Flat
£465K	02/21	0.64 mi	11b, Wiverton Road, London, Greater London SE26 5JA	£4,604	101	3	Flat
£320K	06/23	0.64 mi	Flat 12, Carmichael House, Kingswood Estate, London, Greater London SE21 8QE	-	-	3	Flat
£500K	04/21	0.64 mi	44b, Jasper Road, London, Greater London SE19 1SH	£4,274	117	3	Flat
£625K	11/20	0.65 mi	34b, Jasper Road, London, Greater London SE19 1SH	-	-	3	Flat
£640K	12/20	0.69 mi	Ground And First Floor Flat, 39, Woodland Road, London, Greater London SE19 1NU	-	-	3	Flat
£332.3K	04/23	0.69 mi	Flat 26, Wiseman Court, Woodland Road, London, Greater London SE19 1PQ	-	-	3	Flat
£285K	07/21	0.71 mi	Flat 3, Parnall House, Kingswood Estate, London, Greater London SE21 8PZ	-	-	3	Flat
£535K	02/21	0.71 mi	49d, Anerley Park, London, Greater London SE20 8NQ	£10,152	53	3	Flat
£377.5K	08/21	0.73 mi	Flat 6, Deans House, Newlands Park, Sydenham, London, Greater London SE26 5NT	-	-	3	Flat
£355K	11/23	0.74 mi	Flat 4, Hall House, Bailey Place, London, Greater London SE26 5NU	-	-	3	Flat
£375K	11/20	0.76 mi	4a, Waldegrave Road, London, Greater London SE19 2AJ	£5,137	73	3	Flat

Local Rents

40 rents from £1.7K/mo to £6.5K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,600	09/24	0.04 mi	Westwood Hill, London, SE26	3	Flat
£3,500	08/24	0.06 mi	112 Crystal Palace Park Road, London, SE26	3	Flat
£2,400	08/24	0.08 mi	Ormanton Road, Sydenham, London, SE26	3	Flat
£1,950	01/25	0.16 mi	-	3	Flat
£2,000	08/24	0.17 mi	Longton Avenue Sydenham SE26	3	Terraced House
£2,195	10/24	0.23 mi	-	3	Flat
£2,195	10/24	0.23 mi	-	3	Flat
£2,195	08/24	0.23 mi	Sydenham Avenue, London, SE26	3	Flat
£2,250	08/24	0.28 mi	Sheenewood, London, SE26	3	Flat
£2,350	08/24	0.28 mi	Sheenewood, London, SE26	3	Flat
£2,250	08/24	0.28 mi	Sheenewood Sydenham SE26	3	Flat
£2,250	08/24	0.28 mi	Sheenewood Sydenham SE23	3	Flat
£2,000	09/24	0.28 mi	Sheenwood, Sydenham	3	Flat
£2,500	08/24	0.33 mi	Sydenham Hill, Sydenham	3	Flat
£2,400	08/24	0.34 mi	Burnage Court, Sydenham	3	Flat
£2,300	08/24	0.37 mi	Champion Road, Upper Sydenham, London,	3	Flat
£5,000	08/24	0.41 mi	Sydenham Hill, Sydenham Hill	3	House
£2,500	08/24	0.41 mi	Great Brownings, Sydenham Hill, SE21	3	Flat
£2,400	08/24	0.48 mi	Canbury Mews, London, SE26	3	Terraced House
£2,500	09/24	0.51 mi	-	3	Flat
£4,500	08/24	0.51 mi	Sydenham Hill, Sydenham Hill	3	Flat
£4,500	08/24	0.51 mi	41 Sydenham Hill, Sydenham, London, SE26	3	Flat
£4,500	08/24	0.51 mi	Sydenham Hill London SE26	3	Flat
£6,500	08/24	0.51 mi	Sydenham Hill London SE26	3	Flat
£6,500	08/24	0.51 mi	Sydenham Hill London SE26	3	Flat
£5,000	08/24	0.51 mi	Sydenham Hill London SE26	3	Detached House
£5,000	08/24	0.51 mi	Sydenham Hill London SE26	3	House
£4,500	08/24	0.51 mi	Sydenham Hill London SE26	3	Flat
£2,500	08/24	0.52 mi	Sydenham Park, London, SE26	3	Flat
£2,700	08/24	0.52 mi	Sydenham Park, London, SE26	3	Flat
£2,500	12/24	0.54 mi	-	3	Flat
£2,700	08/24	0.55 mi	Great Brownings	3	Terraced House
£1,700	08/24	0.55 mi	-	3	Flat
£1,800	08/24	0.58 mi	Moore House, Willow Way, Sydenham, SE26	3	Flat
£3,400	08/24	0.58 mi	Cheseman Street London SE26	3	Flat
£2,800	03/25	0.58 mi	-	3	Semi-Detached House
£2,300	08/24	0.59 mi	Mount Ash Road, Sydenham, SE26	3	Flat
£3,400	08/24	0.59 mi	Cheseman Street, London, SE26	3	Detached House
£3,150	09/24	0.61 mi	-	3	Semi-Detached House
£3,000	08/24	0.61 mi	Sydenham Park Road, London, SE26	3	Semi-Detached House

Local Area Statistics

Population in SE26	28,45528,455
Population in London	4,771,9214,771,921
Town centre distance	7.25 miles away7.25 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.54 miles away0.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+8%+8%

Property History

Listed for £525,000

March 25, 2025

Floor Plans

Description

Three bedroom flat +
Period conversion +
Ground floor +
Private garden +
OFF STREET PARKING +
Share of freehold +
CHAIN FREE +
Fabulous location +
Requires some LOVE +
EPC rating is D, Council tax is B +

Guide Price: £525,000 - £550,000
A fabulous and rare opportunity to acquire this THREE bedroom, ground floor, period conversion that is offered with OFF STREET PARKING, NO CHAIN and PRIVATE GARDEN. Requiring some love, the property is located on arguably Sydenham's most desirable road. Charleville Circus is a stunning circular road of period properties, opposite Crystal Palace Park and within walking distance to lots of local amenities, shops and cafes plus THREE mainline stations. This potentially stunning property is spacious with generous room sizes and beautifully proportioned accommodation throughout. Ideal for first time buyers, couples or families, the basic details include: you enter into an inviting hallway, which provides access to all other rooms. Ahead is a a generous open plan kitchen / lounge with patio doors leading to the private garden, lot of wall and base units, integrated appliances and great natural light. There are 3 DOUBLE bedrooms - all decorated neutrally and large built in wardrobes in the master. The bathroom includes a three piece suite and shower. The property is offered in need of some decorative modernisation but this comes with the opportunity to add value to the property and your personal style stamp. Rare and exciting, we advise an early opportunity to view.

It is a nice, big flat with a garden and parking. Undeniably it needs some work but mainly decorative and the location is unbelievable.

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 💪

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