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£375,000
Guide Price

3 bed flat for sale Glenfinlas Way, London

3 beds 1 bath Flat
Leasehold

Added yesterday

About this property

WONDERFUL OPPORTUNITY TO CREATE YOUR DREAM HOME This large 3 bedroom flat has been in the same ownersship for over 30 years and is ready for some modernisation/refurbishment - time for someone to write the next chapter in the flat's history perhaps. It is very rare to find a flat with so much potential. At 1039sqft, there is plenty of 'elbow room' here - the proportions and general balance of space work really well here.

Key features

  • 1039 sqft
  • 3 double bedrooms
  • Secure entry
  • Large amounts of private outdoor space
  • Green outlook
  • Duplex layout
  • In need of modernisation
  • Good transport links
  • Great location

Floorplan

Price guide

This home
£361 / sq ft
Area average (sold)
£691 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£361 per sq ft, below almost all recent sales in SE5 (£488–£911, 10th–90th percentile, 814 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 814 homes sold in SE5 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SE5 →

Location

Glenfinlas Way, London, SE5 0PW

Council tax
Band D (Approx £1,967/year)

Mortgage and stamp duty

Property price £375,000
£187k £563k
Deposit10% £38,000
£0 £375k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £337,000 mortgage. Most lenders would want a household income of about £75,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SE5 0PW. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
20, Glenfinlas Way Flat / maisonetteMar 20211,012 sq ft £361/sq ft£365,000
18, Glenfinlas Way Flat / maisonetteNov 2010958 sq ft £234/sq ft£224,000
24, Glenfinlas Way Flat / maisonetteMay 20101,055 sq ft £213/sq ft£225,000
3, Glenfinlas Way Flat / maisonetteDec 2007£215,000
25, Glenfinlas Way Flat / maisonetteDec 20071,152 sq ft £217/sq ft£249,995
20, Glenfinlas Way Flat / maisonetteDec 20031,012 sq ft £158/sq ft£160,000
18, Glenfinlas Way Flat / maisonetteSept 2003958 sq ft £159/sq ft£152,500
15, Glenfinlas Way Flat / maisonetteOct 2002£150,000

All sold prices in Southwark →

Area insights

The neighbourhood around this property.

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