2 Bed Flat, Single Let, BR7 5FP £375,000

Waratah Drive, Chislehurst, BR7 5FP - 3 views - 10 months ago
Sold STC
Leasehold
BTL
~74 m²
Property image
Property image

ValuationUndervalued

Sold Prices£205K - £742.5K
Sold Prices/m²£3.5K/m² - £6.7K/m²

 

 

Square Metres

~74 m²
Price/m²£5.1K/m²

Value Estimate

£395,694
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£122,450

 

 

Cash Out

 

Rent Range

£1,400 - £2,785

Rent Estimate

£1,400

Running Costs/mo

£1,472

Cashflow/mo

£-72

Cashflow/yr

£-862

Gross Yield

4%

Local Sold Prices

50 sold prices from £205K to £742.5K, average is £346.5K. £3.5K/m² to £6.7K/m², average is £5.3K/m².

Price
Date
Distance
Address
Beds
 
£377K03/250.04 miFlat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS2
£377K03/250.04 miFlat 8, 105 Stirling House, Waratah Drive, Chislehurst BR7 5FS2
£372K02/250.06 miFlat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR2
£372K02/250.06 miFlat 10, 72 Audley House, Waratah Drive, Chislehurst BR7 5FR2
£380K06/250.07 miFlat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP2
£380K06/250.07 miFlat 8, 101 Warkworth House, Waratah Drive, Chislehurst BR7 5FP2
£310K10/240.27 mi37, Croft Close, Chislehurst BR7 6EY2
£290K08/210.31 mi61, Croft Close, Chislehurst, Greater London BR7 6EZ2
£295K09/210.32 mi13, Croft Close, Chislehurst, Greater London BR7 6EX2
£250K06/210.32 mi17, Croft Close, Chislehurst, Greater London BR7 6EX2
£255K10/210.32 mi7, Croft Close, Chislehurst, Greater London BR7 6EX2
£285K06/210.32 mi14, Croft Close, Chislehurst, Greater London BR7 6EX2
£415K03/250.33 mi85, Victoria Road, Chislehurst BR7 6DE2
£415K03/250.33 mi85, Victoria Road, Chislehurst BR7 6DE2
£205K10/220.41 miFlat 6, Loraine Court, Red Hill, Chislehurst, Greater London BR7 6SB2
£742.5K04/250.41 miFlat 8, 8 Longacre Court, Newton Park Place, Chislehurst BR7 5BF2
£320K08/250.42 miFlat 8, Eileen Court, Hillview Road, Chislehurst BR7 6DT2
£335K03/250.44 miFlat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT2
£335K03/250.44 miFlat 1, Eileen Court, Hillview Road, Chislehurst BR7 6DT2
£395K11/240.44 miWoodhayes, 17, Willow Grove, Chislehurst BR7 5EX2
£395.5K11/240.46 miFairfield, Flat 1, Willow Grove, Chislehurst BR7 5BU2
£378K02/250.46 mi3, Arnside, Willow Grove, Chislehurst BR7 5BU2
£378K02/250.46 mi3, Arnside, Willow Grove, Chislehurst BR7 5BU2
£291K03/250.46 mi214, Elmstead Lane, Chislehurst BR7 5EW2
£291K03/250.46 mi214, Elmstead Lane, Chislehurst BR7 5EW2
£330K04/230.47 mi208, Elmstead Lane, Chislehurst, Greater London BR7 5EW2
£328.5K09/240.48 mi228, Elmstead Lane, Chislehurst BR7 5EW2
£325K05/230.49 mi41, Beanshaw, London, Greater London SE9 3HL2
£300K09/240.53 mi15, Flat 10, Willow Grove, Chislehurst BR7 5BN2
£315K07/240.55 mi45, Crockham Way, London SE9 3HD2
£308K01/250.56 mi71, Crockham Way, London, Greater London SE9 3HD2
£246K05/210.56 mi73, Crockham Way, London, Greater London SE9 3HD2
£371.5K03/250.58 mi1, Thorndale, Lubbock Road, Chislehurst BR7 5JN2
£371.5K03/250.58 mi1, Thorndale, Lubbock Road, Chislehurst BR7 5JN2
£360K10/240.6 mi32 Burlington Lodge, Flat 5, Lubbock Road, Chislehurst BR7 5QR2
£296K02/250.62 mi56, Great Harry Drive, London SE9 3DE2
£520K09/220.65 mi2, Bonchester Close, Chislehurst, Greater London BR7 5HS2
£350K09/240.68 mi101, Lower Camden, Chislehurst BR7 5JD2
£345K01/230.68 miFlat 11, Clare Court, Lower Camden, Chislehurst, Greater London BR7 5JB2
£325K11/240.7 miEnderfield Court, 7, Lubbock Road, Chislehurst BR7 5JY2
£417K08/210.71 miFlat 17, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX2
£420K01/230.71 miFlat 18, Maxwell House, Prince Imperial Road, Chislehurst, Greater London BR7 5LX2
£725K03/250.75 miFlat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ2
£725K03/250.75 miFlat 3, 76 Avonhurst, Camden Park Road, Chislehurst BR7 5HQ2
£327K10/230.82 miFlat 22, Greenfield Court, Gardeners Close, London, Greater London SE9 4DF2
£463.5K05/250.83 miFlat 4, 25, Old Hill, Chislehurst BR7 5LZ2
£463.5K05/250.83 miFlat 4, 25, Old Hill, Chislehurst BR7 5LZ2
£277.5K06/210.86 mi47, William Barefoot Drive, London, Greater London SE9 3JD2
£325K09/230.86 mi55, Wynford Way, London, Greater London SE9 3EE2
£348K06/250.87 mi71, Wynford Way, London SE9 3EE2

Local Rents

50 rents from £1.4K/mo to £2.8K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,60004/240.03 miWaratah Drive, Chislehurst2
£1,50004/240.03 miWaratah Drive, Chislehurst2
£1,50004/240.03 miWaratah Drive, Chislehurst2
£1,80005/250.03 mi-2
£1,65007/250.04 miWaratah Drive, Chislehurst, Kent, BR72
£2,00011/250.07 miWaratah Drive, Chislehurst, BR72
£1,75008/250.12 miWalden Parade, Walden Road, Chislehurst, BR72
£1,55006/250.15 miWalden Parade, Walden Road, Chislehurst, Greater London, BR72
£1,55011/250.17 miWalden Parade, Walden Road, Chislehurst, BR72
£1,55012/240.28 mi-2
£1,69010/250.29 mi-2
£1,69010/250.29 miCroft Close, Chislehurst, BR72
£1,75010/250.29 miVictoria Road Chislehurst BR72
£1,75006/250.3 miVictoria Road, Chislehurst, BR72
£1,75006/250.3 miWalden Avenue, Chislehurst2
£1,55008/250.34 miWhite Horse Hill, CHISLEHURST, BR7 6FE2
£1,60010/250.34 miWhite Horse Hill, CHISLEHURST, BR7 6FE2
£2,75009/250.4 miNewton Park Place, Chislehurst. BR72
£2,78503/240.4 miNewton Park Place, Chislehurst. BR72
£1,40003/240.42 mi-2
£1,79508/250.42 miCastlecombe Road, Mottingham, SE92
£1,80009/250.42 mi-2
£2,30012/240.43 miSouthill Road, Chislehurst2
£1,40007/250.43 miWillow Grove, Chislehurst2
£1,60011/250.44 miWillow Grove, Chislehurst, BR72
£1,75010/250.45 miMells Crescent, London, SE9 4NF2
£1,85010/240.45 mi-2
£1,82511/240.45 mi-2
£1,77512/240.45 mi-2
£1,60003/240.47 miHigh Street, Chislehurst, Kent, BR72
£1,65010/250.47 miWillow Grove, Chislehurst, BR72
£2,40010/240.49 mi-2
£2,10003/250.49 mi-2
£1,60006/250.49 mi-2
£2,00006/250.49 mi-2
£1,75008/250.5 miElmstead Lane, Chislehurst, BR72
£1,79508/250.53 mi-2
£1,55001/250.54 mi-2
£1,55010/250.54 mi-2
£1,55002/250.54 mi-2
£1,55009/250.54 miHatton Court, Chislehurst, BR72
£1,40003/240.54 miHigh Street, Chislehurst2
£1,70003/240.55 miLubbock Road Chislehurst BR72
£1,75008/250.56 miHatton Court, 35-49 Lubbock Road, Chislehurst, Kent, BR72
£1,70003/240.56 miHatton Court, Lubbock Road, Chislehurst, BR72
£1,70012/240.57 mi-2
£1,80009/250.57 mi-2
£1,70003/240.57 miYester Road, Chislehurst, BR72
£1,80008/250.57 miYester Road, Chislehurst, BR72
£1,70008/240.58 mi-2

Local Area Statistics

Population in BR7

17,322

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £375,000

January 21, 2025

Floor Plans

Property image

Description

  • Top floor apartment +
  • Juliet balcony +
  • Private parking space +
  • Two double bedrooms +
  • Conveniently located for Elmstead Wood station +
  • 113 years remaining on the lease +
  • EPC rating B +

Situated in the ever-popular Waratah Drive is this top floor, two double bedroom apartment. Only 0.5 miles away is Elmstead Woods Station which offers fast and frequent services into Charing Cross, London Bridge and Cannon Street. The convenient location also offers access to Chislehurst High Street with its array of shops, boutiques, restaurants and charming common and ponds. Local schools include Red Hill, Bullers Wood and Babington House.

The spacious and larger than average accommodation comprises a welcoming hallway, two double bedrooms and the modern family bathroom.The dual aspect kitchen diner is filled with an abundance of natural light and is fitted with an array of integrated appliances.

Further benefits include an allocated parking space, bike store and private access to loft storage.

Internal viewing comes highly recommended and is essential to appreciate all that this delightful home has to offer.

Agent Details

Pullen Estate Agents, Chislehurst

020 3840 3726

Next Steps?

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