2 Bed Flat, Single Let, London, SW2 3NX £350,000

Arborfield Close, London, SW2 3NX - 6 views - 2 years ago

Leasehold

BTL

ROI: 4%

~70 m²

ValuationUndervalued

Sold Prices	£250K - £760K
Sold Prices/m²	£3.2K/m² - £14K/m²

Square Metres	~70 m²
Price/m²	£5K/m²
Value Estimate	£423,500£423,500
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£925 - £2,550£925 - £2,550
Rent Estimate	£1,798
Running Costs/mo	£1,473£1,473
Cashflow/mo	£325£325
Cashflow/yr	£3,896£3,896
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £250K to £760K, average is £452.5K. £3.2K/m² to £14K/m², average is £7.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£500K	02/25	0.11 mi	3a Harford Court, Flat 4, Palace Road, London SW2 3DY	£7,692	65	2	Flat
£415K	03/25	0.11 mi	37 Ducavel House, 2, Palace Road, London SW2 3EB	£5,000	83	2	Flat
£575K	01/25	0.15 mi	96, Wyatt Park Road, London SW2 3TP	£7,667	75	2	Flat
£364.1K	01/25	0.16 mi	Corner Fielde, 65, Streatham Hill, London SW2 4TJ	£5,780	63	2	Flat
£382K	01/23	0.17 mi	Flat 72, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW	-	-	2	Flat
£365K	09/21	0.17 mi	Flat 58, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW	-	-	2	Flat
£387.5K	10/21	0.17 mi	Flat 79, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW	-	-	2	Flat
£365K	01/25	0.17 mi	Wavertree Court, 39, Streatham Hill, London SW2 4TN	£6,293	58	2	Flat
£250K	03/25	0.18 mi	38, 39 Baly House, Palace Road, London SW2 3EG	£3,247	77	2	Flat
£375K	04/23	0.18 mi	Flat 47, Wavertree Court, Streatham Hill, London, Greater London SW2 4TN	-	-	2	Flat
£336K	03/25	0.22 mi	Wray House, 16, Streatham Hill, London SW2 4AR	£6,222	54	2	Flat
£526.5K	06/21	0.25 mi	Ground Floor Flat, 9, Cotherstone Road, London, Greater London SW2 3NE	-	-	2	Flat
£480K	06/21	0.25 mi	139, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BQ	£7,059	68	2	Flat
£465K	11/21	0.28 mi	118a, Cricklade Avenue, London, Greater London SW2 3HH	£8,304	56	2	Flat
£435K	03/25	0.28 mi	Flat A, 60, Holmewood Gardens, London SW2 3NB	-	-	2	Flat
£420K	03/25	0.28 mi	3, Tierney Road, London SW2 4QL	£10,574	40	2	Flat
£485K	06/21	0.28 mi	110b, Barcombe Avenue, London, Greater London SW2 3BA	-	-	2	Flat
£387.5K	04/25	0.28 mi	50, Christchurch House, Christchurch Road, London SW2 3UB	£6,798	57	2	Flat
£567.5K	08/23	0.28 mi	261, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£13,841	41	2	Flat
£550K	04/23	0.28 mi	197, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£8,333	66	2	Flat
£550K	03/25	0.31 mi	237a, Flat 10, Brixton Hill, London SW2 1EQ	£7,432	74	2	Flat
£350K	08/25	0.32 mi	87, Upper Tulse Hill, London SW2 2RA	-	-	2	Flat
£522.5K	08/25	0.32 mi	142, Amesbury Avenue, London SW2 3AB	-	-	2	Flat
£430K	10/21	0.32 mi	25b, Montrell Road, London, Greater London SW2 4QD	-	-	2	Flat
£550K	02/23	0.32 mi	22, Hailsham Avenue, London, Greater London SW2 3AH	-	-	2	Flat
£495K	06/21	0.33 mi	128, Amesbury Avenue, London, Greater London SW2 3AB	£8,534	58	2	Flat
£515K	03/25	0.35 mi	29, Flat 4, Tierney Road, London SW2 4QL	£8,171	63	2	Flat
£515K	03/25	0.35 mi	60 62, Flat 3, Palace Road, London SW2 3NR	£6,959	74	2	Flat
£650K	05/23	0.35 mi	Flat B, 5, Killieser Avenue, London, Greater London SW2 4NU	-	-	2	Flat
£365K	02/23	0.36 mi	Flat 11, Elstead House, Redlands Way, London, Greater London SW2 3LT	-	-	2	Flat
£500K	01/25	0.37 mi	2, Apartment 11, Gaumont Place, London SW2 4FY	£6,494	77	2	Flat
£488K	02/25	0.38 mi	46, Ground Floor Flat, Morrish Road, London SW2 4EG	£7,332	67	2	Flat
£315K	05/23	0.38 mi	Flat 2, Tanhurst House, Redlands Way, London, Greater London SW2 3LS	-	-	2	Flat
£440K	03/25	0.38 mi	34, Keymer Road, London SW2 3AP	£8,000	55	2	Flat
£325K	06/21	0.4 mi	Flat 5, Tebbs House, Upper Tulse Hill, London, Greater London SW2 2PJ	-	-	2	Flat
£590K	01/23	0.4 mi	Ground Floor Flat, 20, Sulina Road, London, Greater London SW2 4EJ	£14,048	42	2	Flat
£325K	04/25	0.41 mi	1, Saunders House, Tulse Hill, London SW2 3PJ	£5,603	58	2	Flat
£320K	03/25	0.41 mi	Thursley House, 5, Holmewood Gardens, London SW2 3RX	£4,923	65	2	Flat
£550.5K	05/25	0.42 mi	Flat 3, 87, Tierney Road, London SW2 4QH	£7,340	75	2	Flat
£495K	08/21	0.42 mi	Flat B, 75, Telford Avenue, London, Greater London SW2 4XL	-	-	2	Flat
£760K	01/23	0.42 mi	1, Appleby Mews, London, Greater London SW2 1HR	£8,736	87	2	Flat
£304.5K	06/23	0.43 mi	51, Mountearl Gardens, London, Greater London SW16 2NL	£5,075	60	2	Flat
£297.5K	11/21	0.43 mi	256b, Brixton Hill, London, Greater London SW2 1HF	-	-	2	Flat
£585K	03/23	0.43 mi	38a, Hitherfield Road, London, Greater London SW16 2LN	-	-	2	Flat
£420K	11/21	0.45 mi	Flat 19, Streatleigh Court, Streatham High Road, London, Greater London SW16 1EG	-	-	2	Flat
£525K	02/23	0.46 mi	6, Brading Road, London, Greater London SW2 2AN	£7,609	69	2	Flat
£403K	08/25	0.47 mi	27, Stockfield Road, London SW16 2LU	-	-	2	Flat
£590K	03/23	0.47 mi	16, Brading Road, London, Greater London SW2 2AN	£11,569	51	2	Flat
£507.5K	03/25	0.47 mi	19, Flat 2, Drewstead Road, London SW16 1LY	£7,808	65	2	Flat
£385K	05/25	0.48 mi	20, 7 Picture House, Streatham High Road, London SW16 1EH	£4,873	79	2	Flat

Local Rents

50 rents from £925/mo to £2.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,999	07/25	0 mi	-	2	Flat
£1,850	10/25	0 mi	-	2	Flat
£2,100	09/24	0.06 mi	-	2	Flat
£1,995	11/24	0.07 mi	-	2	Flat
£1,750	08/25	0.08 mi	Roupell Road, London, SW2	2	Flat
£2,250	09/25	0.1 mi	Palace Road, Streatham Hill, SW2	2	Flat
£2,450	09/24	0.12 mi	Palace Road, London, SW2	2	Flat
£2,100	09/24	0.13 mi	Christchurch Road, London SW2 3EX	2	Flat
£1,950	08/25	0.13 mi	Christchurch Road, London SW2 3EX	2	Flat
£2,400	02/25	0.14 mi	-	2	Flat
£2,250	11/25	0.15 mi	Wyatt Park Road, London, SW2	2	Flat
£2,000	06/25	0.15 mi	Wyatt Park Road, Streatham Hill	2	Flat
£2,550	01/25	0.15 mi	-	2	Flat
£2,200	11/25	0.15 mi	Palace Road, London, SW2	2	Flat
£1,850	09/24	0.16 mi	-	2	Flat
£1,950	07/25	0.16 mi	-	2	Flat
£2,350	06/25	0.17 mi	Wyatt Park Road, London, SW2	2	Flat
£1,950	07/25	0.17 mi	-	2	Flat
£2,000	09/24	0.18 mi	Bushell Close, London, SW2	2	Flat
£2,000	07/25	0.18 mi	Pullman Court, Streatham, Lambeth, London, SW2	2	Flat
£2,060	06/25	0.18 mi	-	2	Flat
£2,250	10/25	0.18 mi	-	2	Flat
£2,250	10/25	0.18 mi	Wavertree Court, London, SW2	2	Flat
£1,800	09/24	0.19 mi	Streatham Hill Corner Fielde SW2	2	Flat
£2,250	10/25	0.19 mi	95 Downton Avenue, Streatham Hill, London, SW2	2	Flat
£1,800	08/25	0.19 mi	-	2	Flat
£1,800	10/25	0.2 mi	Streatham Hill, Streatham	2	Flat
£2,100	07/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	08/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	08/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	08/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	08/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	09/25	0.2 mi	Pullman Court, Streatham Hill, London, SW2	2	Flat
£2,100	07/25	0.2 mi	Streatham Hill, London, SW2	2	Flat
£925	08/25	0.2 mi	-	2	Flat
£1,850	10/25	0.21 mi	-	2	Flat
£1,746	09/25	0.21 mi	Downton Avenue	2	Flat
£1,950	11/25	0.21 mi	-	2	Flat
£1,900	05/25	0.22 mi	-	2	Flat
£1,995	09/24	0.22 mi	Wyatt Park Road, London, SW2	2	Flat
£2,075	11/25	0.22 mi	Blairderry Road, London, SW2	2	Flat
£1,675	06/25	0.23 mi	Downton Avenue, Streatham Hill, London, SW2	2	Flat
£1,750	10/25	0.23 mi	Downton Avenue, Streatham, London, SW2	2	Flat
£1,950	11/24	0.23 mi	-	2	Flat
£1,900	03/25	0.23 mi	-	2	Flat
£1,900	09/25	0.23 mi	Streatham Hill, London, SW2	2	Flat
£1,995	02/25	0.23 mi	-	2	Flat
£2,300	05/25	0.23 mi	-	2	Flat
£1,800	10/25	0.24 mi	Two Bedroom Flat to Rent in Streatham Hill	2	Flat
£2,200	09/24	0.24 mi	Upper Tulse Hill Road, London, SW2	2	Terraced House

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	5.97 miles away5.97 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+3%+3%

Property History

Listed for £350,000

February 28, 2024

Floor Plans

Description

Two double bedrooms +
Residence parking +
Quiet location +
Good condition +
No onward chain +
Lease of 125 years on completion +

A well-presented and generously sized two bedroom ground floor apartment situated in a modern development and offered for sale with no onward chain. The lease will be extended to 125 years, on completion.

Affording a variety of features, the property is positioned in a prime Streatham Hill location, close to a variety of shops, bars, restaurants, and transport.

The property briefly comprises a spacious reception room, kitchen, two good sized double bedrooms and a bathroom. Also benefiting from off-street parking this flat would make a great first-time buy or investment.

Agent Details

Stirling Ackroyd Sales, Streatham

020 3879 5197

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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2 Bed Flat, Single Let, London, SW2 3NX £350,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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