Rainton Road, London SE77QZ
YI

Rainton Road, London SE77QZ

By yieldit

£ 625,000

yieldit says ..

This wonderful terraced property is situated on a quiet residential street in the Royal Borough of Greenwich, London. The property is perfectly presented throughout and consists of a large reception room and living space, fully fitted modern kitchen within a spacious kitchen diner, luxurious family bathroom and separate WC. Upstairs there are two well proportioned double bedrooms and a single bedroom. To the front of the property there is an enclosed front yard and to the rear is a fabulous garden which can be accessed by via French doors from the downstairs living area. The accommodation is the ideal let for both families and working professionals being within easy reach of the tube via North Greenwich Station, which is just a short 7 minute journey from Canary Wharf. On street parking is also available with a permit.<br /><br />Rainton Road is located in Charlton, Greenwich which has plenty of parkland to enjoy stretching from the River Thames up to Charlton Village. It is home to Charlton Park which has playing fields for sports clubs, a skate park, outdoor gymnasium and several gardens. Charlton Lido and Lifestyle Club offers an Olympic-size heated outdoor pool, state-of-the-art gym and an open air Group Cycle Studio. Charlton Riverside covers 122 hectares and is a key employment area, home to 380 businesses providing an estimated 5,600 jobs so there will always be a strong demand for rental properties within this area. <br /><br />Now is an excellent time to invest in property in London as price growth is higher than the national average and 306 transactions were recorded over the last year within the postcode of SE7, which is 76% higher than the national average (Mouseprice). Sold prices in Greenwich over the last year were 3% up on the previous year and 5% up on the 2019 peak of £599,807, with terraced properties selling for an average of £848,088 (Rightmove) which means Rainton Road is an investment opportunity not to be missed! Don't miss out and enquire today.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £21,000 <br /> Lettings fees: £2,730 <br /> Net income: £18,270 <br /> Gross yield: 3.36% <br /> Net yield: 2.92% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17426

Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
557,097.00 £
Increased by 12.74 %
from 494,138.00 £
Average area rental value
2,359.00 £/mo
Increased by 2.83 %
from 2,294.00 £/mo
Est rental Yield
5.08 %
Decreased by 8.80 %
from 5.57 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Halstow Primary SchoolAcademy ConverterGood0.67 KM
Fossdene Primary SchoolCommunity SchoolGood0.67 KM
Sherington Primary School And Children'S CentreChildren's Centre0.77 KM
Greenwich Steiner SchoolOther Independent School0.79 KM
Invicta Primary School And Children'S CentreChildren's Centre Linked Site0.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bowen Drive £ 483,00000.00 KM
Fossdene Road £ 330,00000.00 KM
Woolwich Road £ 352,50000.00 KM
Empire Close £ 229,75000.00 KM
Harold Gibbons Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Westcombe Park5151WCB0.37 KM
Charlton5144CTN1.12 KM
Maze Hill5149MZH2.05 KM
Blackheath5095BKH2.64 KM
Kidbrooke5108KDB2.76 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gurdon Road, Charlton £ 475,000BUYUnknown0.04 KM
Gurdon Road, Charlton, SE7 £ 475,000BUY7 / 100.04 KM
Gurdon Road, Charlton, SE7 £ 325,000BUY6 / 100.06 KM
Gurdon Road, Charlton £ 400,000BUY7 / 100.07 KM
Gurdon Road, London £ 375,000BUYUnknown0.07 KM

Nearby Properties

AddressPriceDistance
4 Rainton Road £ 282,7500.00 KM
1 Rainton Road £ 420,0000.00 KM
16 Rainton Road £ 710,0000.00 KM
2 Rainton Road £ 334,4000.00 KM
10 Rainton Road £ 167,0000.00 KM