253 Northborough Road, Streatham, London SW16
CH

253 Northborough Road, Streatham, London SW16

By Christopher St James

£ 650,000

Reviews

2 out of 5 stars

Christopher St James says ..

Freehold investment / development opportunity for sale Prominent corner plot - Shop & Flat above with rear yard / garden

Property Oracle says ..

This property at 253 Northborough Road, Streatham, London SW16, is presented as a freehold investment/development opportunity. The listing describes it as a shop and flat above with a rear yard/garden. The images reveal a property requiring modernisation. The internal pictures show a basic finish with simple fixtures and fittings. While the structure seems sound, the property needs updating to be considered a modern, comfortable home. The photos show a small garden which is a positive. The location on a main road offers convenient access to nearby train stations, making commuting easy. Several primary and secondary schools are within a reasonable distance, adding to its family-friendly aspect. However, the proximity to a main road may be viewed negatively by some prospective buyers. The lack of specific details regarding the size and layout of the shop and flat makes a comprehensive assessment of the property’s value challenging. The list price sits within the range of comparable properties in the area; however, this should account for the requirement of updating and refurbishment. The absence of bathroom and bedroom numbers in the property information reduces the scope of this analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
2,812.61
Lot (est)
2,812.61

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
1,268,750.00 £
Increased by 29.81 %
from 977,391.00 £
Est sale value
4,457,986.85 £
Increased by 115.35 %
from 2,070,080.96 £
Average area rental value
2,317.00 £/mo
Increased by 19.00 %
from 1,947.00 £/mo
Est letting value
5,625.22 £/mo
Increased by 100.00 %
from 2,812.61 £/mo
Est rental Yield
2.19 %
Decreased by 8.37 %
from 2.39 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Christopher St James created the listing.

Nearby Schools

NameTypeOfstedDistance
William Morris Primary SchoolCommunity SchoolGood0.32 KM
Harris Academy MertonAcademy Sponsor LedOutstanding0.34 KM
Harris Primary Academy MertonAcademy Sponsor LedOutstanding0.37 KM
Ivy Gardens Children'S CentreChildren's Centre Linked Site0.43 KM
Stanford Primary SchoolAcademy Sponsor Led0.56 KM

Images

IMG-20241209-WA0023.jpg IMG-20241209-WA0024.jpg outline.png Northborough Road - High Res -17.jpg Northborough Road - High Res -1.jpg Northborough Road - High Res -11.jpg Northborough Road - High Res -8.jpg IMG-20241209-WA0021.jpg IMG-20241209-WA0022.jpg Northborough Road - High Res -18.jpg IMG-20241209-WA0026.jpg IMG-20241209-WA0027.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Avenue Road £ 634,44400.00 KM
Middle Way £ 600,00000.00 KM
Stanford Road £ 616,23800.00 KM
Norbury Rise £ 000.00 KM
Oriel Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Norbury5428NRB1.54 KM
Streatham Common5384SRC1.56 KM
Mitcham Eastfields5069MTC2.29 KM
Streatham5383STE2.35 KM
Mitcham Junction5427MIJ2.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
253 Northborough Road, Streatham, London SW16 £ 650,000BUY5 / 100.00 KM
Lyndhurst Avenue, London, SW16 £ 575,000BUY7 / 100.14 KM
Lyndhurst Avenue, SW16 £ 580,000BUYUnknown0.14 KM
Lyndhurst Avenue, Streatham £ 650,000BUY6 / 100.18 KM
Lyndhurst Avenue, Streatham £ 675,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
271 Northborough Road £ 250,0000.12 KM
265 Northborough Road £ 137,0000.12 KM
269 Northborough Road £ 500,0000.12 KM
295 Northborough Road £ 90,0000.12 KM
287 Northborough Road £ 72,0000.12 KM