2 Bed Flat, Single Let, London, SE25 6PR, £375,000

Holmesdale Road, South Norwood, SE25 6PR - 2 views - 7 months ago

Sold STC

BTL

~68 m²

+3 photos

ValuationOvervalued

Sold Prices	£207.5K - £640K
Sold Prices/m²	£3.4K/m² - £7K/m²

Square Metres	~68.11 m²
Price/m²	£5.5K/m²
Value Estimate	£334,580£334,580

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£112,450£112,450

Cash Out
Rent Range	£999 - £2,750£999 - £2,750
Rent Estimate	£1,350
Running Costs/mo	£1,462£1,462
Cashflow/mo	£-112£-112
Cashflow/yr	£-1,342£-1,342
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £207.5K to £640K, average is £300K. £3.4K/m² to £7K/m², average is £4.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£355K	01/23	0.01 mi	299, Holmesdale Road, London, Greater London SE25 6PR	£5,299	67	2	Flat
£260K	03/23	0.19 mi	94, Whitworth Road, London, Greater London SE25 6XL	-	-	2	Flat
£207.5K	07/21	0.19 mi	221a, Whitehorse Lane, London, Greater London SE25 6UU	-	-	2	Flat
£280K	01/23	0.21 mi	269a, Whitehorse Lane, London, Greater London SE25 6UP	£4,912	57	2	Flat
£365K	12/20	0.24 mi	Flat 3, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£362K	03/21	0.24 mi	Flat 7, Balmoral Court, South Norwood Hill, London, Greater London SE25 6BT	-	-	2	Flat
£315K	02/23	0.28 mi	Flat 5, The Gardens, Whitehorse Lane, London, Greater London SE25 6UN	-	-	2	Flat
£328.8K	02/23	0.29 mi	Flat 2, Barclay House, Clifton Road, London, Greater London SE25 6PZ	-	-	2	Flat
£290K	08/21	0.29 mi	21, Cargreen Road, London, Greater London SE25 5AD	£5,145	56	2	Flat
£275K	10/20	0.34 mi	Flat 2, Woodvale Court, South Norwood Hill, London, Greater London SE25 6AH	-	-	2	Flat
£280K	08/21	0.4 mi	Flat 18, Cheriton Court, Selhurst Road, London, Greater London SE25 6LW	-	-	2	Flat
£292.5K	12/20	0.44 mi	25a, Lancaster Road, London, Greater London SE25 4BJ	£6,094	48	2	Flat
£288K	02/21	0.44 mi	68a, Holmesdale Road, London, Greater London SE25 6JF	£5,333	54	2	Flat
£290K	06/23	0.46 mi	84, Watson Place, London, Greater London SE25 5FA	£4,394	66	2	Flat
£330K	08/21	0.46 mi	60a, Crowther Road, London, Greater London SE25 5QP	-	-	2	Flat
£235K	02/23	0.46 mi	430a, Whitehorse Road, Thornton Heath, Greater London CR7 8SB	-	-	2	Flat
£280K	06/23	0.48 mi	11a, Crowther Road, London, Greater London SE25 5QW	-	-	2	Flat
£260K	03/21	0.52 mi	Flat 4, Stuart Lodge, South Norwood Hill, London, Greater London SE25 6AX	-	-	2	Flat
£250K	02/21	0.53 mi	14, St Marks Road, London, Greater London SE25 4UH	£3,378	74	2	Flat
£325K	11/21	0.55 mi	199, Grange Road, London, Greater London SE25 6TG	£4,643	70	2	Flat
£346K	01/21	0.56 mi	51a, Dagnall Park, London, Greater London SE25 5EG	£4,873	71	2	Flat
£307.5K	06/21	0.57 mi	53, Hythe Road, Thornton Heath, Greater London CR7 8QR	£4,457	69	2	Flat
£245K	04/21	0.58 mi	Flat 4, Hazel Bank, South Norwood Hill, London, Greater London SE25 6BB	£4,016	61	2	Flat
£307K	08/21	0.58 mi	62a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,386	70	2	Flat
£275K	06/21	0.58 mi	64a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,044	68	2	Flat
£300K	04/23	0.58 mi	70a, Grange Park Road, Thornton Heath, Greater London CR7 8QA	£4,615	65	2	Flat
£330K	11/20	0.58 mi	Flat 5, Crofton Court, Cypress Road, London, Greater London SE25 4BB	-	-	2	Flat
£295K	12/22	0.59 mi	63b, Saxon Road, London, Greater London SE25 5EH	-	-	2	Flat
£240K	07/23	0.61 mi	5, Gillett Road, Thornton Heath, Greater London CR7 8RL	-	-	2	Flat
£367K	05/21	0.61 mi	64a, Enmore Road, London, Greater London SE25 5NG	-	-	2	Flat
£325K	10/22	0.63 mi	3, Natal Road, Thornton Heath, Greater London CR7 8QH	-	-	2	Flat
£325K	01/21	0.63 mi	98, Albert Road, London, Greater London SE25 4JW	£5,909	55	2	Flat
£330K	04/21	0.64 mi	301, Grange Road, London, Greater London SE25 6TD	£4,024	82	2	Flat
£365K	11/22	0.67 mi	227, Mersham Road, Thornton Heath, Greater London CR7 8NW	£5,615	65	2	Flat
£290K	02/21	0.68 mi	179, Mersham Road, Thornton Heath, Greater London CR7 8NU	£4,203	69	2	Flat
£289K	02/21	0.68 mi	181, Mersham Road, Thornton Heath, Greater London CR7 8NU	£4,313	67	2	Flat
£365K	01/21	0.7 mi	36, Archer Road, London, Greater London SE25 4JN	£5,794	63	2	Flat
£300K	09/21	0.7 mi	50, Archer Road, London, Greater London SE25 4JN	£5,348	56	2	Flat
£298K	01/23	0.71 mi	Flat 20, Selhurst New Court, Selhurst New Road, London, Greater London SE25 5PT	-	-	2	Flat
£640K	12/21	0.72 mi	105, Birchanger Road, London, Greater London SE25 5BH	-	-	2	Flat
£360K	01/21	0.72 mi	4, Ingatestone Road, London, Greater London SE25 4LG	£4,615	78	2	Flat
£285K	01/21	0.72 mi	3, Ingatestone Road, London, Greater London SE25 4LG	£5,377	53	2	Flat
£386K	03/23	0.72 mi	47, Ingatestone Road, London, Greater London SE25 4LG	£5,594	69	2	Flat
£360K	08/23	0.72 mi	34, Ingatestone Road, London, Greater London SE25 4LG	£4,932	73	2	Flat
£270K	10/21	0.72 mi	15, Norwich Road, Thornton Heath, Greater London CR7 8NA	£4,821	56	2	Flat
£350K	01/21	0.73 mi	115, Harrington Road, London, Greater London SE25 4NP	£6,354	55	2	Flat
£320K	12/22	0.74 mi	Flat 1, Falcon Court, Dagnall Park, London, Greater London SE25 5PN	-	-	2	Flat
£300K	11/20	0.74 mi	13, Haysleigh Gardens, London, Greater London SE20 8SS	£6,977	43	2	Flat
£300K	12/20	0.75 mi	294, Grange Road, Upper Norwood, London, Greater London SE19 3DF	£5,357	56	2	Flat
£290K	10/21	0.75 mi	9, Kemsing Close, Thornton Heath, Greater London CR7 7AQ	-	-	2	Flat

Local Rents

48 rents from £999/mo to £2.8K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,700	03/25	0.01 mi	-	2	Flat
£1,300	08/24	0.03 mi	-	2	Flat
£1,600	08/24	0.05 mi	-	2	Flat
£1,650	08/24	0.06 mi	-	2	Flat
£1,500	09/24	0.09 mi	-	2	Flat
£1,500	08/24	0.09 mi	Whitworth Road, London, SE25	2	Flat
£1,850	08/24	0.1 mi	Holmesdale Road, South Norwood	2	Flat
£1,600	08/24	0.11 mi	Flat B, Oliver Avenue, South Norwood, SE25	2	Flat
£1,650	03/25	0.13 mi	-	2	Flat
£1,595	08/24	0.13 mi	Boston Court, Selhurst Road, South Norwood, SE25	2	Flat
£1,600	08/24	0.14 mi	76 Whitworth Road, London, SE25	2	Flat
£999	08/24	0.14 mi	Whitworth Road, South Norwood, SE25	2	Flat
£1,700	08/24	0.17 mi	-	2	Flat
£2,000	08/24	0.17 mi	Whitehorse Lane, London, SE25	2	Terraced House
£2,250	08/24	0.19 mi	-	2	Terraced House
£1,500	08/24	0.19 mi	Whitehorse Lane, London, SE25	2	Flat
£1,650	08/24	0.19 mi	Holmesdale Close London SE25	2	Flat
£1,850	08/24	0.19 mi	BROSTER GARDENS, LONDON, SE25, South Norwood, London, SE25	2	Terraced House
£1,800	08/24	0.2 mi	-	2	Flat
£1,850	08/24	0.2 mi	Broster Gardens London SE25	2	House
£1,750	08/24	0.2 mi	Selhurst Road, London, SE25	2	Flat
£1,795	11/23	0.21 mi	Broster Gardens, South Norwood, SE25	2	House
£1,400	09/24	0.21 mi	Tennison Road, South Norwood, SE25	2	Flat
£2,500	08/24	0.21 mi	-	2	Flat
£2,600	10/24	0.21 mi	-	2	Flat
£2,650	09/24	0.21 mi	-	2	Flat
£2,750	01/25	0.21 mi	-	2	Flat
£2,450	02/25	0.21 mi	-	2	Flat
£1,900	08/24	0.22 mi	-	2	Flat
£1,700	08/24	0.23 mi	Clifton Road, London	2	Flat
£1,500	08/24	0.23 mi	Clifton Road, London, SE25	2	Flat
£1,650	08/24	0.23 mi	St. Dunstans Road, London	2	Flat
£1,400	08/24	0.23 mi	-	2	Flat
£1,700	08/24	0.24 mi	Clifton Road, London	2	Flat
£1,700	03/25	0.24 mi	-	2	Flat
£1,750	08/24	0.24 mi	-	2	Flat
£1,850	03/25	0.24 mi	-	2	Flat
£1,550	02/24	0.25 mi	-	2	Flat
£1,695	01/25	0.25 mi	-	2	Flat
£1,695	03/25	0.25 mi	-	2	Flat
£1,750	08/24	0.25 mi	Clifton Road, London	2	Flat
£1,695	08/24	0.26 mi	-	2	Flat
£1,400	08/24	0.26 mi	Clifton Road, London, SE25	2	Flat
£1,300	08/24	0.26 mi	High Street London SE25	2	Flat
£1,452	09/24	0.26 mi	High Street, South Norwood, SE25	2	Flat
£1,700	10/24	0.27 mi	-	2	Flat
£1,750	08/24	0.28 mi	-	2	Flat
£1,850	03/25	0.28 mi	-	2	Flat

Local Area Statistics

Population in SE25	34,49534,495
Population in London	4,771,9214,771,921
Town centre distance	9 miles away9 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.32 miles away0.32 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 £375,000

August 30, 2024

Floor Plans

Description

Two double bedrooms +
Private garden +
Lovely kerb appeal +
Impressive 677 sq. ft. of living space +
Excellent transport links into The City +
EPC rating: TBC +

A beautiful two-bedroom, ground floor garden flat situated in the heart of South Norwood.

Lovingly cared for by it currents owners, this property benefits from an amazing 677 sq. ft. of modern, and homely living space.

Holmesdale Road is light and airy throughout and comprises; two double bedrooms, modern fitted bathroom suite, contemporary kitchen, a spacious living room and direct access a well maintained, mature, private garden.

Holmesdale Road is perfectly suited for commuters, the trains departing from Norwood Junction will seamlessly transport you into The City and beyond, including both London Victoria and a direct connection into London Bridge. You can travel as far afield as Highbury & Islington via trendy Shoreditch High Street without needing to change services on the London Overground. East Croydon station is only one stop away, meaning you can access pretty much anywhere else in the world in the opposite direction, via the Gatwick Express into Gatwick Airport.

Please contact us as soon as possible to avoid disappointment.

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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