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1 Bed Apartment House For Sale Overhill Road, London, SE22

£475,000- Apartment

Yield: 3.28%
1 of 12
Yield: 3.28%
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  • Rental Guide: £1,196 - £1,300
  • 1 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • One Double Bedroom
  • Victorian Conversion
  • Ground Floor Flat
  • Large Reception Room
  • Original Features Throughout
  • Separate Kitchen
  • Large Bathroom
  • Basement Conversion
Last Updated: 15th June 2020

Description

A fantastic one bedroom ground floor garden flat situated within a stunning detached Victorian house. This gorgeous property is set on a lovely, quiet, tree lined road just off Underhill Road. The property comprises of a large front reception room, incorporating the original bay window, fire places and high ceilings. The master bedroom is found to the rear, with views out towards the private garden. The kitchen has been finished to a high standard. One of the main draws to this property is the possibility of further extension to the side and rear which has had planning permission granted, there is also scope to modernise the basement STPP. Early viewings are highly advised.

Directions:
A
Agent Details
Winkworth London Franchises
97, Lordship Lane, London, SE22 8HU
Show Contact Number
020 8299 2722

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
2.9

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£14250
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
7.5

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
1 bedroom properties in close proximity are mostly listed £1,196 - £1,300 – 9 recently listed properties were found in that band. However, the highest were £1,450, £1,450, £1,425.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested