Canterbury Grove, London, SE27
Apartment · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 31.0% below the comparable sales mean — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
Property Details
- Asking Price
- £280,000
- Property Type
- Apartment
- Bedrooms
- 1
- Bathrooms
- N/A
- Est. Floor Area
- 689 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Motivated Seller Analysis
Watch — 5/10Behavioural signals: 227 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £873 |
| ICR (actual) | 2.15x |
| Feasibility | PASS |
| 💲 Total Cash Required | |
| Purchase Price | £280,000 |
| Deposit (25% — 75% LTV) | £70,000 |
| SDLT (additional property, 5% surcharge) | £18,000 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £90,999 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
| Purchase price | £280,000 | Loan (75% LTV) | £210,000 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £962 |
| Rent needed (1.5×) | £1,444/mo | Estimated rent | £1,878/mo |
| Stress ratio | 1.95× (need ≥ 1.5×) +£434 surplus | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (local Land Registry HPI). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,018 |
| SA net/mo | £746 |
| BTL est./mo | £1,878 |
| SA vs BTL uplift | £-860/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £301,529 | +£21,529 | £81,059 | +£11,059 (3.9%) |
| 5 years | £316,794 | +£36,794 | £92,432 | +£22,432 (8.0%) |
| 7 years | £332,832 | +£52,832 | £104,380 | +£34,380 (12.3%) |
Projections: 2.5% pa HPI, 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £22,540 | £288,400 | £15,784 | £5,284 | £13,684 | 14.9% |
| Yr 3 | £23,681 | £305,964 | £16,605 | £17,079 | £43,042 | 46.7% |
| Yr 5 | £24,880 | £324,597 | £17,469 | £30,579 | £75,176 | 81.6% |
| Yr 10 | £28,149 | £376,297 | £19,823 | £72,367 | £168,664 | 183.1% |
| Yr 15 | £31,848 | £436,231 | £22,486 | £126,839 | £283,070 | 307.4% |
| Yr 20 | £36,034 | £505,711 | £25,499 | £195,659 | £421,370 | 457.5% |
| Yr 25 | £40,769 | £586,258 | £28,908 | £280,715 | £586,972 | 637.3% |
| Yr 30 | £46,126 | £679,633 | £32,766 | £384,138 | £783,772 | 851.0% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — SE27 0 ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,596 | 6.8% | 4.3% | £-137 | -6.6% |
| Conservative | £1,747 | 7.5% | 5.1% | £223 | 3.6% |
| Base | £1,878 | 8.0% | 5.6% | £440 | 8.0% |
| Optimistic | £2,028 | 8.7% | 6.3% | £676 | 13.1% |
| Bull | £2,216 | 9.5% | 7.1% | £947 | 19.6% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●8.05% |
| Net Yield | ●5.64% |
| Net Annual Income | £15,781 |
| Deductions: void 8% (−£1,803) · mgmt 10% (−£2,254) · maint 10% (−£2,254) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £873 |
| Monthly Cashflow (IO) | ●£442 |
| Cash-on-Cash Return | ●5.73% |
| 5-Year IRR | ●8.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £18,000 |
| SDLT Effective Rate | 6.43% |
| SDLT (Company) | £18,000 |
| Section 24 Extra Tax/yr (higher rate) | £2,100 |
| SPV Annual Saving | £3,792 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £324,597 |
| Less: Purchase Price | −£280,000 |
| Less: Buying Costs (SDLT + legal) | −£20,600 |
| Less: Selling Costs (est. 2.5%) | −£8,115 |
| = CGT Net Gain (5yr) | £15,882 |
| CGT at 24% | £3,092 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,596 | 6.8% | 4.3% | £-137 | -6.6% |
| Conservative | £1,747 | 7.5% | 5.1% | £223 | 3.6% |
| Base | £1,878 | 8.0% | 5.6% | £440 | 8.0% |
| Optimistic | £2,028 | 8.7% | 6.3% | £676 | 13.1% |
| Bull | £2,216 | 9.5% | 7.1% | £947 | 19.6% |