2 Bed Flat, Single Let, SM5 4LN £280,000

7 Sandown Drive, Carshalton, SM5 4LN - 2 views - a year ago
Sold STC
Leasehold
BTL
ROI: 4%
~60 m²
Property image
Property image

ValuationUndervalued

Sold Prices£110K - £400K
Sold Prices/m²£1.9K/m² - £6.3K/m²

 

 

Square Metres

~59.70 m²
Price/m²£4.7K/m²

Value Estimate

£291,079
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£950 - £2,195

Rent Estimate

£1,500

Running Costs/mo

£1,195

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

4%

Gross Yield

6%

Local Sold Prices

36 sold prices from £110K to £400K, average is £317.3K. £1.9K/m² to £6.3K/m², average is £4.8K/m².

Price
Date
Distance
Address
Beds
 
£290K07/250.08 mi103, Stanley Road, Carshalton SM5 4LW2
£330K03/250.19 mi31 Hazel Court, Flat 8, Diamond Jubilee Way, Carshalton SM5 4AS2
£330K03/250.19 miFlat 8, 31 Hazel Court, Diamond Jubilee Way, Carshalton SM5 4AS2
£350K03/250.22 mi59, Courtney Crescent, Carshalton SM5 4NA2
£350K03/250.22 mi59, Courtney Crescent, Carshalton SM5 4NA2
£155K03/250.22 mi33, Courtney Crescent, Carshalton SM5 4NA2
£285K12/240.55 mi19, Flat 6, Brambledown Road, Wallington SM6 0TH2
£325K03/230.62 mi59, Freshwood Way, Wallington, Greater London SM6 0RL2
£313.5K12/240.63 miBirdhurst Court, 13, Woodcote Road, Wallington SM6 0PG2
£300K05/250.64 miFlat 14, 180 Caverhill House, Woodcote Road, Wallington SM6 0PE2
£300K05/250.64 miFlat 14, 180 Caverhill House, Woodcote Road, Wallington SM6 0PE2
£318.5K03/250.64 miShirley Heights, 43, Shirley Road, Wallington SM6 9QD2
£300.6K03/250.66 miFlat A, 93, Marchmont Road, Wallington SM6 9NT2
£130K03/250.69 miFlat 38, 15 Cavendish Court, Holmwood Gardens, Wallington SM6 0HD2
£190K10/210.7 miFlat 17, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£335K05/250.71 miFlat 1, Raleigh Court, Stanley Park Road, Wallington SM6 0HH2
£335K05/250.71 miFlat 1, Raleigh Court, Stanley Park Road, Wallington SM6 0HH2
£348K08/230.75 mi24, Marchmont Road, Wallington, Greater London SM6 9NU2
£270K03/250.77 miFlat 5, 57 Beech House, Woodcote Road, Wallington SM6 0PW2
£400K03/250.79 miFlat 4, 2 Steel Wheels House, Back Stage Walk, Wallington SM6 9FF2
£340K03/230.8 mi13a, Cranley Gardens, Wallington, Greater London SM6 9PR2
£370K03/250.8 miFlat 5, 12 Salisbury Court, Salisbury Road, Carshalton SM5 3HD2
£370K03/250.8 miFlat 5, 12 Salisbury Court, Salisbury Road, Carshalton SM5 3HD2
£255K07/230.81 miFlat 25, Hendfield Court, Beddington Gardens, Wallington, Greater London SM6 0JQ2
£230K01/230.85 miFlat 22, Marlborough Court, Cranley Gardens, Wallington, Greater London SM6 9PG2
£395K01/230.87 miGround Floor Flat, 45, Park Lane, Carshalton, Greater London SM5 3EE2
£350K11/220.87 mi1a, Park Hill, Carshalton, Greater London SM5 3RS2
£365K04/250.9 miFlat 5, 70 72, Mayfield Road, Sutton SM2 5DT2
£365K04/250.9 miFlat 5, 70 72, Mayfield Road, Sutton SM2 5DT2
£250K03/230.91 mi155, Albion Road, Sutton, Greater London SM2 5TD2
£257K03/250.92 miFlat 3, 2a Hinton Court, Hinton Road, Wallington SM6 9AT2
£340K08/230.93 mi56, Albion Road, Sutton, Greater London SM2 5TE2
£255K07/250.94 miFlat 6, 4 Guildford Court, Hinton Road, Wallington SM6 9AU2
£110K03/250.94 miFlat 157, Canon Court, Manor Road, Wallington SM6 0AR2
£316K03/250.95 mi197, Albion Road, Sutton SM2 5TD2
£316K03/250.95 mi197, Albion Road, Sutton SM2 5TD2

Local Rents

25 rents from £950/mo to £2.2K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,60008/240.05 miStanley Road, Carshalton, SM52
£1,50009/240.07 miStanley Road, CARSHALTON2
£1,50008/240.1 miAlexandra Gardens, Stanley Road, Carshalton, SM52
£1,70008/240.15 miForelle Way, Carshalton Beeches, Carshalton, SM52
£1,70007/250.15 miForelle Way, Carshalton, SM52
£1,65010/250.15 miForelle Way, Carshalton, SM52
£99508/250.15 miNew Colebrooke Court, Carshalton, London, SM52
£2,19511/250.16 miDiamond Jubilee Way, Carshalton, SM52
£1,60011/250.16 miNew Colebrooke Court, Carshalton, SM52
£1,59511/250.16 mi-2
£1,65008/250.24 miMarigold Court, Fountain Drive2
£1,90010/250.29 miNorth Avenue, SM52
£95008/250.3 miDalmeny Road, Carshalton, Surrey, SM52
£1,59509/250.49 miStanley Park Road, Carshalton2
£1,60006/250.56 miBrambledown Road, Wallington, SM62
£1,50001/250.57 mi-2
£97507/250.59 miGordon Road, Carshalton Beeches, Surrey2
£1,60010/250.59 mi-2
£1,67509/250.61 miSpencer Court, 208 Woodcote Road, Wallington, SM62
£1,45011/240.61 mi-2
£1,65011/250.62 mi-2
£1,70011/250.62 miStanley Park Road, Wallington, SM62
£1,60010/240.62 mi-2
£1,50008/240.62 mi-2
£1,50002/250.62 mi-2

Local Area Statistics

Population in SM5

37,962

Nearest school

0.30 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £280,000

December 4, 2024

Listed for £290,000

June 12, 2024

Floor Plans

Property image

Description

  • Two Bedrooms +
  • MARKETED BY PAUL GRAHAM +
  • Private Garage +
  • Good Condition Throughout +
  • Long Lease (141 Years Remaining) +
  • Close To Good Local Schools +
  • Walking Distance To Transport Links +
  • Well Maintained Communal Gardens +

This charming 2-bedroom first-floor flat is situated within a secluded and well-maintained development. The property boasts a spacious reception room and a separate kitchen, both in excellent condition, providing a comfortable and inviting living space. The flat also includes the convenience of a private garage and access to beautiful communal gardens. With a lease of 141 years remaining and a low service charge, this property offers excellent long-term value and low maintenance costs.

Ideally located in the popular residential area of Carshalton On The Hill, this flat benefits from excellent access to local amenities. Families will appreciate the proximity to good local schools, ensuring quality education options are readily available. Commuters will find the property conveniently close to bus routes, facilitating easy travel to surrounding areas.  

ENTRANCE HALL  

RECEPTION ROOM 17' 5" x 12' 2" (5.31m x 3.71m)  

KITCHEN 10' 10" x 7' 2" (3.3m x 2.18m)  

BEDROOM 1 14' 5" x 9' 2" (4.39m x 2.79m)  

BEDROOM 2 11' 5" x 7' 1" (3.48m x 2.16m)  

BATHROOM  

CUPBOARD X 2  

LEASE 141 YEARS REMAINING  

COMMUNAL GARDENS  

1ST FLOOR FLAT

Agent Details

Paul Graham, Carshalton

020 3870 2663

Next Steps?

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