Property for sale

£40,000

Red Lodge Road, West Wickham, Kent Compare mortgages

Interested in this property? Call 020 3551 9832 (local rate) or Arrange viewing

Property info

Property features

  • Tenure: Leasehold

Property description

Red Lodge is a well regarded retirement development situated within easy access to local shops and West Wickham station. This particular apartment is situated on the third floor. Further benefits include the use of its many communal facilities such as residents lounge, laundry room, well-maintained gardens and a lift to all floors. You have to be of state retirement age to occupy this property.

Ground Floor

Hall
Radiator, intercom system, fitted carpet, storage heater.

Lounge 5.62m (18'5") X 4.67m (15'4")
Window to rear, two storage heaters, door to storage cupboards.

Bathroom
Fitted witha three piece suite compriseing deep paneled bath, low level wc, pedestal wash hand basin.

Kitchen 2.13m (7') X 1.55m (5'1")
Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with mixer tap.

Tenure Details

Investor Information
It is our opinion that the likely current market rent would be in the region of £425pcm

Allen Heritage are experts in the Buy-to-let market and can advise on funding as well as introducing suitable, fully referenced tenants. This information is intended as a guide and future rents are not guaranteed. If you require further advice please contact us.

Approximate Figures
Lease Length: 125 years from March 1986

Ground Rent: £75 per annum

Maintenance: Approximately £1, 572 per annum. (inc. Buildings Ins.)

Property Ref:84_253_920338
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For more information about this property, please contact
Allen Heritage, BR4 on 020 3551 9832 (local rate)

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Similar properties for sale nearby

10 more properties like this

This property, located in Red Lodge Road, West Wickham, Kent is listed for sale for £40,000 . The current asking price is 72% lower than the average current value for properties on Red Lodge Road West Wickham which is £144,006. There have been 5 property sales on Red Lodge Road West Wickham in the last 3 years, with sold house prices averaging £176,100.

View all BR4 property for sale

BR4 Zed-Index What is the Zed-Index
£367,979
Turnover: 15.8% What is Turnover?
Value change
£4,366 (-1.17%) £10,447 (-2.76%) £6,015 (-1.61%) £682 (-0.18%) £19,712 (5.66%) £27,564 (-6.97%) £5,057 (-1.36%)
from 
Avg. house price paid: £354,473
No. of property sales: 208
Avg. house price paid: £340,194
No. of property sales: 685
Avg. house price paid: £340,809
No. of property sales: 1,230
Avg. house price paid: £331,773
No. of property sales: 1,896

Avg. asking price in BR4: £337,941
No. of properties for sale in BR4: 54
Avg. asking rent in BR4: £1,241 pcm
No. of properties to rent in BR4: 14

Property value data/graphs for BR4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £524,437 £299 3.8 £486,660
Semi-detached £377,853 £294 3.4 £372,258
Terraced £322,220 £289 3.2 £310,843
Flats £188,916 £255 2.1 £200,694

Current asking prices in BR4

Avg. current asking prices in BR4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £104,279
(7)
£346,250
(4)
£389,615
(13)
£461,611
(13)
£700,000
(4)
Flats £149,995
(1)
£227,142
(7)
- - -
All £109,993
(8)
£270,454
(11)
£389,615
(13)
£461,611
(13)
£700,000
(4)

Current asking rents in BR4

Avg. current asking prices in BR4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £488 pcm
(2)
£997 pcm
(1)
£1,751 pcm
(1)
£2,151 pcm
(3)
£1,751 pcm
(1)
Flats £776 pcm
(1)
£1,024 pcm
(3)
£1,001 pcm
(1)
- -
All £584 pcm
(3)
£1,017 pcm
(4)
£1,376 pcm
(2)
£2,151 pcm
(3)
£1,751 pcm
(1)

Fun facts for BR4

Highest value in BR4
Highest value streets Zed-Index What is the Zed-Index
Chatsworth Close £719,582
The Drive £671,162
Rydal Drive £670,793
Woodland Way £588,906
Stambourne Way £570,178
Highest turnover in BR4
Highest turnover streets Turnover What is Turnover?
Knotley Way 41.9%
Manor Park Close 41.7%
Palmer Close 38.5%
Rosslyn Close 38.5%
Wickham Court Road 36.8%

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