3 Bed Terraced House, Refurb/BRRR, London, SE25 5HG, £280,000

22 Malcolm Road, South Norwood, London, SE25 5HG - 2 views - 8 days ago

Auction
Refurb/BRRR
ROI: 5%
70 m²
+15 photos

ValuationFair Value

Sold Prices£340K - £585K
Sold Prices/m²£3.7K/m² - £7.1K/m²

 

 

Square Metres

70 m²
Price/m²£4K/m²

Value Estimate

£285,600

 

 

End Value (After Refurb)

£345,625

Uplift in Value

+23%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£37,032

Bridging Loan Interest

£7,350

Total Cash In

£132,832

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£345,625

Mortgage (After Refinance)

£259,219

Mortgage LTV

75%

Cash Released

£49,219

Cash Left In

£83,614

Equity

£86,406

Rent Range

£1,700 - £2,600

Rent Estimate

£2,113

Running Costs/mo

£1,523

Cashflow/mo

£590

Cashflow/yr

£7,084

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £340K to £585K, average is £462.5K. £3.7K/m² to £7.1K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£467.5K11/200.01 mi47, Malcolm Road, London, Greater London SE25 5HE3
£495K01/230.01 mi51, Malcolm Road, London, Greater London SE25 5HE3
£465K03/230.01 mi53, Malcolm Road, London, Greater London SE25 5HE3
£415K12/200.1 mi20, Davies Close, Croydon, Greater London CR0 6EX3
£475K05/230.11 mi85, Alderton Road, Woodside, Croydon, Greater London CR0 6HL3
£490K11/210.12 mi34, Dickensons Lane, London, Greater London SE25 5HS3
£340K06/210.15 mi16e, Salisbury Road, London, Greater London SE25 5DU3
£500K06/230.19 mi13, Stroud Road, London, Greater London SE25 5DR3
£444.5K06/210.19 mi9, Stroud Road, London, Greater London SE25 5DR3
£495K12/210.2 mi7, Lindfield Road, Croydon, Greater London CR0 6HN3
£375.6K01/210.21 mi30, Dalmally Road, Croydon, Greater London CR0 6LS3
£495K07/230.21 mi22, Westbourne Road, Croydon, Greater London CR0 6HP3
£492K10/210.22 mi35, Alderton Road, Croydon, Greater London CR0 6HH3
£510K01/230.23 mi25, Westbourne Road, Croydon, Greater London CR0 6HQ3
£465K01/210.24 mi11, Dalmally Road, Croydon, Greater London CR0 6LU3
£450K12/200.25 mi161, Woodside Green, London, Greater London SE25 5HY3
£418K03/210.25 mi130, Woodside Green, London, Greater London SE25 5EW3
£515K05/230.26 mi143, Birchanger Road, London, Greater London SE25 5BH3
£400K12/200.26 mi68, Northway Road, Croydon, Greater London CR0 6JF3
£435K11/200.28 mi570, Davidson Road, Croydon, Greater London CR0 6DG3
£480K06/230.28 mi99, Northway Road, Croydon, Greater London CR0 6JJ3
£475K09/210.28 mi61, Teevan Road, Croydon, Greater London CR0 6RQ3
£565K01/230.29 mi18, Coniston Road, Croydon, Greater London CR0 6LN3
£440K01/210.29 mi13, Woodside Park, London, Greater London SE25 5DN3
£450K04/210.32 mi3, Blackhorse Lane, Croydon, Greater London CR0 6RT3
£375K04/210.32 mi14, Laurier Road, Croydon, Greater London CR0 6JQ3
£425K07/230.32 mi24, Laurier Road, Croydon, Greater London CR0 6JQ3
£467K02/210.32 mi34, Pagehurst Road, Croydon, Greater London CR0 6NR3
£490K01/210.32 mi53, Wydehurst Road, Croydon, Greater London CR0 6NJ3
£479K03/210.32 mi13, Wydehurst Road, Croydon, Greater London CR0 6NJ3
£450K01/230.33 mi89, Birchanger Road, London, Greater London SE25 5BG3
£585K01/230.33 mi42, Teevan Road, Croydon, Greater London CR0 6RN3
£485K01/230.34 mi30, Pagehurst Road, Croydon, Greater London CR0 6NR3
£446K03/210.34 mi2, Blackhorse Lane, Croydon, Greater London CR0 6RS3
£480K02/230.34 mi74, Woodside Court Road, Croydon, Greater London CR0 6RU3
£485.8K02/230.34 mi58, Woodside Court Road, Croydon, Greater London CR0 6RU3
£440K01/230.34 mi13, Blackhorse Lane, Croydon, Greater London CR0 6RT3
£460K11/200.34 mi73, Cobden Road, London, Greater London SE25 5NU3
£402K11/200.34 mi125, Cobden Road, London, Greater London SE25 5NU3
£400K02/210.34 mi41, Dominion Road, Croydon, Greater London CR0 6JP3
£405K02/210.35 mi45, Spring Lane, London, Greater London SE25 4SP3
£400K01/210.35 mi23, Woodside Avenue, London, Greater London SE25 5DW3
£465K01/210.37 mi12, Addiscombe Avenue, Croydon, Greater London CR0 6LH3
£420K07/230.37 mi38, Capri Road, Addiscombe, Croydon, Greater London CR0 6LE3
£495K03/210.37 mi2, Capri Road, Addiscombe, Croydon, Greater London CR0 6LE3
£362K12/200.37 mi14, Cobden Road, London, Greater London SE25 5NX3
£490K08/210.38 mi41, Teevan Road, Croydon, Greater London CR0 6RP3
£433K06/210.38 mi130, Tennison Road, London, Greater London SE25 5NE3
£412.5K07/220.38 mi150, Tennison Road, London, Greater London SE25 5NE3
£450K03/230.4 mi37, Highbarrow Road, Croydon, Greater London CR0 6LD3

Local Rents

50 rents from £1.7K/mo to £2.6K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,20003/250.02 mi-3
£2,00004/250.04 mi-3
£2,20002/240.16 mi-3
£2,40012/240.19 mi-3
£1,85001/250.2 mi-3
£1,85012/240.21 miBeckford Road, Addiscombe, CR03
£2,00008/240.23 miBirchanger Road, South Norwood3
£2,25012/240.23 miNorthway Road, Addiscombe3
£1,95012/240.24 miMorland Road, Addiscombe, CR03
£2,20012/240.28 miNorthway Road3
£2,20012/240.28 miNorthway Road, Croydon, CR03
£2,10001/250.28 mi-3
£2,20012/240.29 miNorthway Road, Croydon, CR03
£2,25012/240.3 miBlackhorse Lane, Croydon, Surrey3
£2,30012/240.3 mi-3
£2,20003/250.3 mi-3
£1,98503/240.32 mi-3
£1,75003/250.33 mi-3
£2,20002/250.33 mi-3
£2,00012/240.33 mi-3
£2,20012/240.34 miDavidson Road, Croydon, CR03
£2,00012/240.39 miDavidson Road, Croydon, CR03
£2,15012/240.4 miSutton Gardens, CROYDON3
£1,70012/240.4 mi-3
£1,85008/240.41 mi-3
£2,10011/230.41 miTennison Road, London, SE253
£1,79508/240.43 mi-3
£1,79508/240.43 mi-3
£2,10008/240.43 miSidney Road, London, SE253
£2,20008/240.43 mi-3
£2,30012/240.44 mi-3
£2,20008/240.44 miPercy Road London SE253
£1,80012/240.44 miSundridge Road, Addiscombe, Croydon3
£1,80012/240.44 miSundridge Road, Addiscombe, Croydon3
£2,20012/240.45 miShirley Road, Croydon, CR03
£2,30003/250.46 mi-3
£2,60009/240.47 mi-3
£1,90012/240.47 miExeter Road, Addiscombe3
£2,50008/240.48 mi-3
£2,50008/240.48 mi-3
£2,49508/240.48 mi-3
£2,49508/240.48 mi-3
£2,50008/240.48 mi-3
£2,05012/240.48 miSundridge Road, Croydon, CR03
£1,75012/240.49 mi-3
£2,25008/240.49 miBirchanger Road, South Norwood3
£2,00008/240.49 miSidney Road, London, SE253
£2,00008/240.49 mi-3
£1,90012/240.49 miExeter Road, Croydon, CR03
£1,90008/240.52 miDundee Road, London, SE253

Local Area Statistics

Population in SE25

34,495

Population in London

4,771,921

Town centre distance

9.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £280,000

March 26, 2025

Description

  • Three bedrooms +
  • Terraced house +
  • In need of modernisation +
  • Well located for the amenities of Woodside Green and the centre of Croydon +
  • Vacant +

StrapLine Auction Sale - 08/04/2025
A three bedroom terraced house, in need of modernisation. Well located for the amenities of Woodside Green and the centre of Croydon. Vacant.

Description A three bedroom terraced house, in need of modernisation. The property is well located for the amenities of Woodside Green and the centre of Croydon.

Location Located on Malcom Road, accessed off Sonning Road, a short distance from the amenities of Woodside Green, with a wider selection of amenities that can be found in central Croydon.

Transport Blackhorse Lane - Tram Selhurst - Southern

Accommodation Ground Floor - One Room, Kitchen First Floor - Three Rooms, Bathroom/WC

Agent Details

Savills Auctions, London

020 3909 6715

Next Steps?

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