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2 bed flat for sale

£1,350,000

Carshalton Road, Sutton SM1

2 2 1
Interested in this property? Call 020 3641 4446 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

A development opportunity with full planning granted for five conversation apartments over four floors and two new townhouses. There is a provision for parking and all is within easy reach of town amenities and mainline station. Vacant possession with the current business is aimed for May 2017. Sole agents viewings strictly by appointment only

Tender

This property is being sold by Informal Tender with a closing date of 20th January 2017 Noon. All offers must be submitted in writing detailing the amount, alongside your contact details and your ability to purchase. If you are selling a property we will need your Estate Agents details. In addition we will require confirmation of funding in writing. If you are a cash purchaser we will require a bank statement from within the last thirty days, or if arranging a mortgage a copy of your agreement in principle. Failure to provide this information will result in your offer not being submitted in its best light. If any of this is unclear please contact a member of staff.

Agents Fees On Reinstruction

A prospective purchaser should note that although there is no acquisition fee payable if your offer is successful, any future sale of all seven units will be required to be marketed via Williams Harlow Ltd on a sole agency basis at rate of 2% plus VAT of the eventual sale price of each unit

Gdv - Price Recommendations

We work on a gdv of £2.635m
This is subject to build costs, building regulation approval and market condition at the time of sale
Unit 1 - 678 Square Feet £325,000 (Duplex LG and G Floor One Bed Appt)
Unit 2 - 947 Square Feet £350,000 (Duplex LG and G Floor One Bed Appt)
Unit 3 - 484 Square Feet £275,000 (First Floor Studio Appt)
Unit 4 - 516 Square Feet £285,000 (First Floor One Bed Appt)
Unit 5 - 516 Square Feet £350,000 (Two Bed Second Floor Appt)
Unit 6 - 1250 Square Feet £525,000 (Two Story Townhouse)
Unit 7 - 1250 Square Feet £525,000 (Two Story Townhouse)
Site advertising board to the side of the building if retained produces an annual income currently of £3,200 per annum

Property info

Market activity
Average price paid £369,802 Sales 551 Current average value £381,861 (Zoopla Zed-Index) Value change £4,645 ▲ 1.23%

Property value data/graphs for SM1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £605,798 £436 3.5 £557,440
Semi-detached £488,768 £439 3.3 £470,011
Terraced £388,837 £451 2.8 £395,735
Flats £270,181 £443 1.8 £270,189

Current asking prices in SM1

Average: £378,890
Avg. current asking prices in SM1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £219,500
(2)
£376,524
(17)
£435,382
(44)
£569,780
(23)
£696,488
(4)
Flats £260,592
(31)
£321,357
(75)
£353,571
(7)
- -
All £258,102
(33)
£331,551
(92)
£424,153
(51)
£569,780
(23)
£696,488
(4)

Current asking rents in SM1

Average: £1,238 pcm
Avg. current asking prices in SM1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £799 pcm
(3)
£1,294 pcm
(10)
£1,792 pcm
(13)
£1,916 pcm
(6)
-
Flats £1,005 pcm
(25)
£1,263 pcm
(76)
£1,368 pcm
(4)
- -
All £983 pcm
(28)
£1,266 pcm
(86)
£1,692 pcm
(17)
£1,916 pcm
(6)
-

Fun facts for SM1

Highest value in SM1
Highest value streets Zed-Index
Bridgefield Road £871,982
Cecil Road £849,413
Salisbury Avenue £841,561
Landseer Road £742,018
Rosebery Road £727,495
Highest turnover in SM1
Highest turnover streets Turnover
Chester Close 70.0%
Northpoint Close 44.4%
Elmbrook Road 43.5%
Ashton Close 42.9%
Saltash Close 41.7%

What Zoopla users think of SM1

Overall rating:

  • currently 4.5 stars
Very good - 87% (173 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate SM1:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sutton (Surrey) (0.3 miles)
  • Carshalton Beeches (0.8 miles)
  • West Sutton (0.9 miles)
  • London Heathrow Airport (14.3 miles)
  • London City Airport (14.3 miles)
  • London Gatwick Airport (14.8 miles)
  • Kingston Town End Pier (6.1 miles)
  • Kingston Turks Pier (6.3 miles)
  • Ditton Island Ferry Landing (6.6 miles)

Nearby schools

View all schools in Sutton
  • Robin Hood Junior School (0.5 miles)
  • Devonshire Primary School (0.6 miles)
  • Robin Hood Infants' School (0.7 miles)
  • Sutton College of Learning for Adults (0.4 miles)
  • Carshalton College (1.1 miles)
  • Orchard Hill College of Further Education (1.6 miles)
  • Sutton Grammar School (0.3 miles)
  • Sutton High School (0.5 miles)
  • Thomas Wall Nursery School (0.7 miles)
Note: Distances are straight line measurements

Local info for Sutton

AskMe Q&A for Sutton

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For more information about this property, please contact
Williams Harlow, SM3 on 020 3641 4446 * (local rate)

Monthly running costs Beta

£4,391 Monthly total
Mortgage
Purchase price
Deposit (10%) 135,000
Repayment term 25
Interest rate 0.5
Your payment £4,309 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £350,000 Contents value up to £75,000 Average insurance cost £16/mo (£188/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £29 Electricity £37 Estimated energy cost £66/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Contact Williams Harlow about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Williams Harlow, and do not constitute property particulars. Please contact Williams Harlow for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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