2 Bed Flat, Single Let, London, SE25 4LG, £350,000

Ingatestone Road, South Norwood, SE25 4LG - a month ago

BTL

ROI: 1%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£200K - £640K
Sold Prices/m²	£3.4K/m² - £7K/m²

Square Metres	~68.11 m²
Price/m²	£5.1K/m²
Value Estimate	£360,887£360,887
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£113,700£113,700

Cash Out
Rent Range	£1,300 - £2,800£1,300 - £2,800
Rent Estimate	£1,465
Running Costs/mo	£1,407£1,407
Cashflow/mo	£58£58
Cashflow/yr	£699£699
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £200K to £640K, average is £300K. £3.4K/m² to £7K/m², average is £5.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£360K	01/21	0 mi	4, Ingatestone Road, London, Greater London SE25 4LG	£4,615	78	2	Flat
£285K	01/21	0 mi	3, Ingatestone Road, London, Greater London SE25 4LG	£5,377	53	2	Flat
£386K	03/23	0 mi	47, Ingatestone Road, London, Greater London SE25 4LG	£5,594	69	2	Flat
£360K	08/23	0 mi	34, Ingatestone Road, London, Greater London SE25 4LG	£4,932	73	2	Flat
£265.5K	02/21	0.2 mi	Flat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW	-	-	2	Flat
£318K	01/23	0.2 mi	Flat 5, Portland Mansions, Portland Road, London, Greater London SE25 4QW	-	-	2	Flat
£325K	01/21	0.22 mi	98, Albert Road, London, Greater London SE25 4JW	£5,909	55	2	Flat
£350K	01/21	0.23 mi	115, Harrington Road, London, Greater London SE25 4NP	£6,354	55	2	Flat
£365K	01/21	0.24 mi	36, Archer Road, London, Greater London SE25 4JN	£5,794	63	2	Flat
£300K	09/21	0.24 mi	50, Archer Road, London, Greater London SE25 4JN	£5,348	56	2	Flat
£280K	06/23	0.24 mi	11a, Crowther Road, London, Greater London SE25 5QW	-	-	2	Flat
£367K	05/21	0.25 mi	64a, Enmore Road, London, Greater London SE25 5NG	-	-	2	Flat
£330K	08/21	0.28 mi	60a, Crowther Road, London, Greater London SE25 5QP	-	-	2	Flat
£250K	02/21	0.28 mi	14, St Marks Road, London, Greater London SE25 4UH	£3,378	74	2	Flat
£640K	12/21	0.35 mi	105, Birchanger Road, London, Greater London SE25 5BH	-	-	2	Flat
£297.5K	02/21	0.35 mi	31a, Southcote Road, London, Greater London SE25 4RG	£6,629	45	2	Flat
£345K	03/21	0.38 mi	197, Woodside Green, London, Greater London SE25 5EN	£4,259	81	2	Flat
£265K	06/21	0.39 mi	43, St Lukes Close, London, Greater London SE25 4SY	£3,897	68	2	Flat
£273K	06/21	0.39 mi	51, St Lukes Close, London, Greater London SE25 4SY	£4,136	66	2	Flat
£289K	06/21	0.39 mi	41, St Lukes Close, London, Greater London SE25 4SY	£4,129	70	2	Flat
£290K	08/21	0.44 mi	21, Cargreen Road, London, Greater London SE25 5AD	£5,145	56	2	Flat
£267K	01/23	0.51 mi	152, Longheath Gardens, Croydon, Greater London CR0 7TQ	£3,870	69	2	Flat
£200K	06/21	0.52 mi	7, Coe Avenue, London, Greater London SE25 5HN	£5,882	34	2	Flat
£245K	12/21	0.56 mi	15, Hardcastle Close, Croydon, Greater London CR0 6XQ	-	-	2	Flat
£292.5K	12/20	0.57 mi	25a, Lancaster Road, London, Greater London SE25 4BJ	£6,094	48	2	Flat
£260K	02/21	0.59 mi	58, Woodside Green, London, Greater London SE25 5EU	£3,848	68	2	Flat
£290K	06/23	0.62 mi	84, Watson Place, London, Greater London SE25 5FA	£4,394	66	2	Flat
£370K	04/21	0.65 mi	85b, Marlow Road, London, Greater London SE20 7XR	£5,286	70	2	Flat
£365K	12/20	0.67 mi	Flat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£362K	03/21	0.67 mi	Flat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£415K	02/21	0.69 mi	3a, Stembridge Road, London, Greater London SE20 7UE	£6,484	64	2	Flat
£265K	03/23	0.7 mi	Flat 4, Haysleigh House, Croydon Road, London, Greater London SE20 7YT	-	-	2	Flat
£300K	11/20	0.71 mi	13, Haysleigh Gardens, London, Greater London SE20 8SS	£6,977	43	2	Flat
£355K	01/23	0.73 mi	299, Holmesdale Road, London, Greater London SE25 6PR	£5,299	67	2	Flat
£292.5K	04/21	0.73 mi	Flat 11, Kendal House, Derwent Road, London, Greater London SE20 7YR	-	-	2	Flat
£240K	07/23	0.73 mi	Flat 13, Impact Court, Stembridge Road, London, Greater London SE20 7UP	-	-	2	Flat
£410K	05/21	0.73 mi	55a, Tremaine Road, London, Greater London SE20 7UA	-	-	2	Flat
£385K	01/21	0.74 mi	16, Felmingham Road, Anerley, London, Greater London SE20 7YD	£5,923	65	2	Flat
£427.5K	05/21	0.76 mi	16a, Tremaine Road, London, Greater London SE20 7TZ	£5,856	73	2	Flat
£333.3K	06/21	0.77 mi	A, 43, Samos Road, London, Greater London SE20 7TX	-	-	2	Flat
£270K	08/23	0.79 mi	60, Manning Gardens, Croydon, Greater London CR0 7DU	£4,737	57	2	Flat
£265K	11/20	0.79 mi	39, Manning Gardens, Croydon, Greater London CR0 7DU	£4,015	66	2	Flat
£280K	02/21	0.79 mi	66, Manning Gardens, Croydon, Greater London CR0 7DU	£3,660	77	2	Flat
£450K	04/23	0.8 mi	11a, Samos Road, London, Greater London SE20 7UQ	£5,769	78	2	Flat
£375K	06/21	0.8 mi	23, Bourdon Road, London, Greater London SE20 7SP	£5,282	71	2	Flat
£425K	01/21	0.83 mi	6a, Samos Road, Anerley, London, Greater London SE20 7TU	£5,667	75	2	Flat
£400K	06/21	0.83 mi	30a, Samos Road, London, Greater London SE20 7TU	£5,556	72	2	Flat
£275K	10/20	0.84 mi	Flat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH	-	-	2	Flat
£260K	03/23	0.85 mi	94, Whitworth Road, London, Greater London SE25 6XL	-	-	2	Flat
£280K	08/21	0.87 mi	Flat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW	-	-	2	Flat

Local Rents

48 rents from £1.3K/mo to £2.8K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,550	08/24	0 mi	Ingatestone Road, London, SE25	2	Flat
£1,650	10/24	0.01 mi	-	2	Flat
£1,650	09/24	0.01 mi	Ingatestone Road, London, SE25	2	Flat
£1,550	10/24	0.02 mi	-	2	Flat
£1,550	08/24	0.02 mi	Brocklesby Road, London, SE25	2	Flat
£1,725	08/24	0.03 mi	Brocklesby Road, London	2	Terraced House
£1,600	10/24	0.05 mi	-	2	Flat
£1,600	09/24	0.05 mi	Portland Road, London, SE25	2	Flat
£1,700	08/24	0.07 mi	Watcombe Road, London	2	Terraced House
£2,250	08/24	0.08 mi	-	2	Terraced House
£1,980	10/24	0.08 mi	-	2	Terraced House
£2,000	08/24	0.08 mi	Sandown Road, Norwood Junction, SE25	2	Terraced House
£1,800	08/24	0.09 mi	Apsley Road, South Norwood, London, SE25	2	Flat
£1,600	08/24	0.1 mi	-	2	Terraced House
£1,465	09/24	0.11 mi	-	2	Flat
£1,465	10/24	0.11 mi	-	2	Flat
£1,800	11/24	0.13 mi	-	2	Terraced House
£1,700	08/24	0.15 mi	Alfred Road, London, SE25	2	Terraced House
£1,850	08/24	0.15 mi	Alfred Road, London, SE25	2	Terraced House
£1,950	11/24	0.17 mi	-	2	Flat
£1,700	08/24	0.17 mi	Portland Road, London	2	Flat
£1,700	08/24	0.17 mi	Portland Road, London	2	Flat
£1,650	08/24	0.17 mi	-	2	Flat
£1,700	08/24	0.19 mi	Crowther Road, London, SE25	2	Flat
£1,650	08/24	0.2 mi	-	2	Flat
£1,700	09/24	0.2 mi	-	2	Flat
£1,700	04/25	0.2 mi	-	2	Flat
£1,650	08/24	0.2 mi	-	2	Flat
£1,500	02/24	0.2 mi	-	2	Flat
£1,300	04/25	0.21 mi	-	2	Flat
£1,547	08/24	0.22 mi	-	2	Flat
£1,500	08/24	0.22 mi	Balfour Road, South Norwood, SE25	2	Flat
£1,550	09/24	0.22 mi	Portland Road, London, SE25	2	Flat
£1,700	08/24	0.24 mi	Archer road	2	Terraced House
£1,700	04/25	0.26 mi	-	2	Flat
£2,000	03/25	0.26 mi	-	2	Terraced House
£1,900	08/24	0.27 mi	Enmore Road, Croydon, London, SE25	2	Flat
£1,600	09/24	0.28 mi	-	2	Flat
£2,600	11/24	0.28 mi	-	2	Flat
£2,800	04/25	0.28 mi	-	2	Flat
£1,600	04/25	0.28 mi	-	2	Flat
£1,900	04/25	0.28 mi	-	2	Flat
£1,450	03/25	0.29 mi	-	2	Flat
£1,550	08/24	0.29 mi	Pheonix Court, Croydon, SE25	2	Flat
£1,550	09/24	0.29 mi	-	2	Flat
£1,800	02/25	0.3 mi	-	2	Flat
£1,650	08/24	0.3 mi	Coventry Road, London, SE25	2	Flat
£1,700	08/24	0.3 mi	-	2	Flat

Local Area Statistics

Population in SE25	34,49534,495
Population in London	4,771,9214,771,921
Town centre distance	9.35 miles away9.35 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.40 miles away0.40 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-6%-6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+15%+15%

Property History

Listed for £350,000

March 26, 2025

Floor Plans

Description

Two well-proportioned bedrooms +
786 sq. ft. of living space +
Private garden and balcony +
Situated close to popular local amenities +
Excellent transport links into The City +
EPC rating: TBC +

Oaks Estate Agents welcome to the market this two bedroom first floor flat on the sought after Ingatestone Road.

This property is light and airy throughout, benefits from 786 sq. ft. of living space and briefly comprised; two well-proportioned bedrooms, spacious living room, bathroom suite, kitchen, private balcony and direct access to a private garden.

Ingatestone Road is close to a diverse selection of amenities on South Norwood High Street. In addition to this, The Crystal Palace Triangle is only a short journey away, boasting a wide array of independent shops, gastro pubs and restaurants.

The property is ideal for any commuter requiring access into the City due to its close proximity to Norwood Junction station which offers direct services into London Victoria, London Bridge and Clapham Junction.

The Country Park is only a short stroll from the property offering a scenic and peaceful place to exercise, wander and relax.

Agent Details

Oaks Estate Agents, South Norwood

020 3907 9733

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Local Sold Prices

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