2 Bed Flat, Single Let, London, SW16 5JS, £300,000

1 Veronica Gardens, London SW16 5JS - a year ago

Leasehold
BTL
ROI: 3%
~52 m²
+4 photos

ValuationFair Value

Sold Prices£200K - £520K
Sold Prices/m²£4K/m² - £8.8K/m²

 

 

Square Metres

~52.30 m²
Price/m²£5.7K/m²

Value Estimate

£296,667

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,450 - £2,500

Rent Estimate

£1,450

Running Costs/mo

£1,248

Cashflow/mo

£203

Cashflow/yr

£2,430

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £200K to £520K, average is £362.5K. £4K/m² to £8.8K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£300K02/230 mi120, Veronica Gardens, London, Greater London SW16 5JS2
£310K06/230.04 mi55, Veronica Gardens, London, Greater London SW16 5JR2
£329K02/210.08 mi36, Meopham Road, Mitcham, Greater London CR4 1BG2
£450K11/200.11 mi96, Meopham Road, Mitcham, Greater London CR4 1BJ2
£329K10/200.12 mi27, Eldertree Way, Mitcham, Greater London CR4 1AJ2
£300K05/210.12 mi45, Eldertree Way, Mitcham, Greater London CR4 1AJ2
£320K09/210.14 mi59, Woodstock Way, Mitcham, Greater London CR4 1BF2
£315K07/230.26 miFlat 8, Damson House, Hemlock Close, London, Greater London SW16 5PL2
£340K09/210.26 mi44, Byards Croft, London, Greater London SW16 5EY2
£320.5K02/210.26 mi35, Byards Croft, London, Greater London SW16 5EY2
£335K01/210.28 miFlat 14, Quince House, Hemlock Close, London, Greater London SW16 5PN2
£365K12/200.31 mi18, Oxtoby Way, London, Greater London SW16 5HD2
£290K06/210.31 mi31, Oxtoby Way, London, Greater London SW16 5HD2
£385K12/220.41 mi55, Elmhurst Avenue, Mitcham, Greater London CR4 2HP2
£400K01/210.52 mi16a, Streatham Vale, London, Greater London SW16 5TE2
£490K04/230.55 mi18a, Kettering Street, London, Greater London SW16 6QA2
£450K01/210.55 mi14a, Kettering Street, London, Greater London SW16 6QA2
£372.5K06/230.56 mi103a, Leverson Street, London, Greater London SW16 6DF2
£500K11/210.59 miGround Floor Flat At, 76, Ellison Road, London, Greater London SW16 5BY2
£469K07/230.6 miThe Upper Flat, 63, Fallsbrook Road, London, Greater London SW16 6DU2
£267.5K11/210.61 miFlat 6, Penfold Court, Laburnum Road, Mitcham, Greater London CR4 2NB2
£407K12/200.61 mi22a, Edgington Road, London, Greater London SW16 5BS2
£415K02/210.62 mi31, Graham Avenue, Mitcham, Greater London CR4 2HJ2
£200K04/230.62 miFlat 36, Penfold Court, Laburnum Road, Mitcham, Greater London CR4 2NB2
£325K06/210.63 mi87, Leverson Street, London, Greater London SW16 6DG2
£413K02/210.63 mi63a, Leverson Street, London, Greater London SW16 6DG2
£520K07/210.65 miFlat A, 43, Kempshott Road, Streatham, London, Greater London SW16 5LJ2
£240K05/210.65 mi271, Tamworth Lane, Mitcham, Greater London CR4 1DD2
£240K05/210.65 mi271, Tamworth Lane, Mitcham, Greater London CR4 1DD2
£380K11/210.65 miFlat 7, Wilmington Court, Tankerville Road, London, Greater London SW16 5LN2
£432.5K03/210.65 mi70a, Graham Avenue, Mitcham, Greater London CR4 2HG2
£280K07/210.65 mi1a, Vectis Gardens, London, Greater London SW17 9RE2
£415K06/210.67 miSecond Floor Flat, 17, Tankerville Road, London, Greater London SW16 5LL2
£440K02/230.67 mi137, Ellison Road, London, Greater London SW16 5DE2
£395K02/210.68 miFirst Floor Flat, 152, Ashbourne Road, Mitcham, Greater London CR4 2BB2
£330K05/210.68 mi4a, St Georges Road, Mitcham, Greater London CR4 1EB2
£287K03/210.7 mi25, Imperial Gardens, Mitcham, Greater London CR4 1ER2
£250K11/200.7 mi5, Kennedy Close, Mitcham, Greater London CR4 2AR2
£360K11/200.71 mi100, Fernthorpe Road, London, Greater London SW16 6DR2
£393.5K12/210.71 mi52, Fernthorpe Road, London, Greater London SW16 6DR2
£270K10/210.71 mi60, Wide Way, Mitcham, Greater London CR4 1BL2
£425K03/210.73 mi33, Fernthorpe Road, London, Greater London SW16 6DP2
£375K02/230.74 mi17, Barnfield Avenue, Mitcham, Greater London CR4 1DN2
£480K03/210.74 miGround Floor Flat, 25, Arragon Gardens, London, Greater London SW16 5LY2
£371.5K05/210.74 mi38, Arragon Gardens, London, Greater London SW16 5LX2
£275K08/210.75 miFirst Floor Flat, 48, Greyhound Lane, London, Greater London SW16 5RP2
£267K11/200.76 mi29, Ivy Gardens, Mitcham, Greater London CR4 1BR2
£300K11/200.76 mi4, Ivy Gardens, Mitcham, Greater London CR4 1BR2
£373K11/210.77 miFlat A, 70, Eardley Road, London, Greater London SW16 6BL2
£395K06/230.79 mi104, Tynemouth Road, Mitcham, Greater London CR4 2BP2

Local Rents

43 rents from £1.4K/mo to £2.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,23009/240.04 mi-2
£1,80009/240.05 miRowan Crescent, Streatham Vale, London, SW162
£1,79512/240.07 mi-2
£1,75009/240.08 mi-2
£1,75012/240.09 mi-2
£1,90004/250.11 mi-2
£2,00009/240.11 mi-2
£1,85002/240.14 mi-2
£1,80009/240.14 miGreyhound Terrace, London, SW162
£2,34009/240.18 mi-2
£1,80009/240.18 mi-2
£1,90005/240.24 mi-2
£1,90005/240.24 miBennetts Close, Mitcham, CR42
£1,60009/240.26 mi-2
£1,90012/240.26 mi-2
£1,65002/250.26 mi-2
£2,10003/250.34 mi-2
£1,69504/240.4 mi-2
£1,45004/240.43 miPearson Way -Mitcham - 2 bedroom - Balcony2
£1,65003/240.45 miSlade Way, Mitcham, CR42
£1,85003/250.47 mi-2
£1,70002/240.47 mi-2
£1,45003/240.47 miPearson Way -Mitcham - 2 bedroom - Balcony2
£1,45005/240.47 mi2 bedroom apartment - Slade Way - Mitcham - CR4 2GB2
£1,50003/240.48 miPark Avenue Mitcham CR42
£2,50009/240.5 miFallsbrook Road, Streatham Common, London, SW162
£1,95009/240.52 mi-2
£1,60003/240.53 miSummerhill Way, MITCHAM2
£1,65003/240.53 miSummerhill Way Mitcham CR42
£1,85009/240.53 miStanford Road, London, SW162
£1,95004/240.54 miAcacia Road, Mitcham, CR42
£2,20009/240.55 miBesley Street, Streatham2
£2,10010/240.56 mi-2
£1,52009/240.57 mi-2
£1,60009/240.57 miKettering Street, London, SW162
£1,59909/240.57 mi-2
£1,55003/240.58 mi-2
£1,60003/240.58 miAshbourne Road, London, CR42
£2,25003/250.59 mi-2
£1,65003/240.6 miManor Road, Mitcham, CR42
£1,65004/240.6 miManor Road, Mitcham, CR42
£2,00005/240.61 mi-2
£2,00005/240.61 miJupiter House, Mitcham, CR42

Local Area Statistics

Population in SW16

81,543

Population in London

4,771,921

Town centre distance

8.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £300,000

February 19, 2024

Floor Plans

Description

  • Chain Free +
  • Two Bedroom Flat +
  • Ground Floor +
  • Allocated off street parking +
  • Situated in a quiet development +
  • Spacious reception room +
  • Communal Garden +

SUMMARY
Situated within a quiet development this 2 bedroom flat boasts a spacious reception room with a kitchen, two sizable bedrooms and family bathroom.

DESCRIPTION
Situated within a quiet development this 2 bedroom flat boasts a spacious reception room with a kitchen, two sizable bedrooms and family bathroom.

The property is ideally located in Streatham Vale and is a walk or short bus journey from Streatham Common Station with direct access to central London via Clapham junction, London Bridge and London Victoria. Woodmansterne school is a short

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Streatham

020 3870 1876

Next Steps?

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