2 Bed Flat, Cash/Bridging Only, London, SW4 0QU, £380,000

MACAULAY COURT Macaulay Road, London, Greater London, SW4 0QU - a year ago

Leasehold

Cash

ROI: 4%

~56 m²

+2 photos

ValuationFair Value

Sold Prices	£160K - £1.1M
Sold Prices/m²	£2.4K/m² - £15.7K/m²

Square Metres	~56.39 m²
Price/m²	£6.7K/m²
Value Estimate	£383,800£383,800

End Value (After Refurb)	£508,166£508,166
Uplift in Value	+34%+34%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£95,000£95,000
Stamp Duty & Legal Fees	£19,100£19,100
Refurb Costs	£29,805£29,805
Bridging Loan Interest	£9,975£9,975
Total Cash In	£155,630£155,630

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£508,166£508,166
Agent Fees (1%)	£5,082£5,082
Bridging Loan	£285,000£285,000
Bridging Loan Interest	£9,975£9,975
Flip Profit	£62,454£62,454

Local Sold Prices

50 sold prices from £160K to £1.1M, average is £615K. £2.4K/m² to £15.7K/m², average is £9.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£515K	02/21	0.03 mi	Flat 24, Macaulay Court, Macaulay Road, London, Greater London SW4 0QU	-	-	2	Flat
£445K	01/21	0.05 mi	74d, The Chase, London, Greater London SW4 0NG	-	-	2	Flat
£625K	05/23	0.05 mi	74a, The Chase, London, Greater London SW4 0NG	£8,681	72	2	Flat
£741K	06/23	0.07 mi	Second Floor Flat At, 30, Macaulay Road, London, Greater London SW4 0QX	-	-	2	Flat
£808K	04/24	0.09 mi	15, Mackay Road, London, Greater London SW4 0NB	£13,931	58	2	Flat
£775K	02/23	0.11 mi	Basement Flat, 110, Victoria Rise, London, Greater London SW4 0NW	£9,012	86	2	Flat
£690K	12/20	0.14 mi	Flat C, 219, Victoria Rise, London, Greater London SW4 0PF	£5,656	122	2	Flat
£710K	03/21	0.14 mi	191a, Victoria Rise, London, Greater London SW4 0PF	£11,452	62	2	Flat
£450K	02/21	0.15 mi	Flat 16, Clarke House, North Street, London, Greater London SW4 0HR	-	-	2	Flat
£450K	09/21	0.15 mi	Flat 12, Clarke House, North Street, London, Greater London SW4 0HR	-	-	2	Flat
£540K	09/23	0.16 mi	290, Cedars Road, London, Greater London SW4 0PY	£8,308	65	2	Flat
£765K	12/20	0.17 mi	5, North Street, London, Greater London SW4 0HN	£10,200	75	2	Flat
£662.5K	02/23	0.17 mi	7a, North Street, London, Greater London SW4 0HN	£8,953	74	2	Flat
£792.6K	09/23	0.18 mi	70a, North Street, London, Greater London SW4 0HE	-	-	2	Flat
£731K	11/23	0.18 mi	70, North Street, London, Greater London SW4 0HE	£15,229	48	2	Flat
£505K	12/20	0.18 mi	130, Cedars Road, London, Greater London SW4 0QA	£7,769	65	2	Flat
£160K	01/23	0.21 mi	82, Cedars Road, London, Greater London SW4 0QB	£2,388	67	2	Flat
£455K	03/21	0.21 mi	26, Victoria Rise, London, Greater London SW4 0NY	£8,125	56	2	Flat
£525K	06/21	0.21 mi	30, Victoria Rise, London, Greater London SW4 0NY	£7,836	67	2	Flat
£500K	10/23	0.27 mi	51, Cedars Road, London, Greater London SW4 0PN	£8,929	56	2	Flat
£745K	03/23	0.27 mi	10, Wingate Square, London, Greater London SW4 0AF	£10,884	68	2	Flat
£650K	12/23	0.28 mi	19, Gambetta Street, London, Greater London SW8 3TS	-	-	2	Flat
£582K	05/23	0.28 mi	13a, Tennyson Street, London, Greater London SW8 3ST	-	-	2	Flat
£560K	11/20	0.28 mi	9, Gambetta Street, London, Greater London SW8 3TS	£9,032	62	2	Flat
£407.5K	01/21	0.3 mi	38b, Lavender Hill, London, Greater London SW11 5RL	£9,477	43	2	Flat
£610K	04/21	0.3 mi	85, Tennyson Street, London, Greater London SW8 3TH	£10,116	60	2	Flat
£1.1M	06/23	0.31 mi	48f, Clapham Common North Side, London, Greater London SW4 0AB	-	-	2	Flat
£950K	06/23	0.31 mi	Ground Floor Flat, 4, Cubitt Terrace, London, Greater London SW4 6AR	£15,690	61	2	Flat
£426K	04/23	0.31 mi	30, Cubitt Terrace, London, Greater London SW4 6AR	£5,917	72	2	Flat
£750K	12/23	0.32 mi	First Floor Flat At, 72, Taybridge Road, London, Greater London SW11 5PT	-	-	2	Flat
£601.5K	12/21	0.33 mi	65a, Ingelow Road, London, Greater London SW8 3PE	-	-	2	Flat
£580K	04/21	0.33 mi	115, Ingelow Road, London, Greater London SW8 3PE	£10,149	57	2	Flat
£615K	01/21	0.34 mi	59a, Ingelow Road, London, Greater London SW8 3PE	£10,250	60	2	Flat
£642K	01/21	0.35 mi	96, Ingelow Road, London, Greater London SW8 3PF	£10,700	60	2	Flat
£565K	03/21	0.36 mi	121c, Queenstown Road, London, Greater London SW8 3RH	-	-	2	Flat
£660K	06/21	0.36 mi	Flat A, 16, Netherford Road, London, Greater London SW4 6AE	£12,941	51	2	Flat
£665K	12/20	0.37 mi	18, Fontarabia Road, London, Greater London SW11 5PF	£10,916	61	2	Flat
£630K	05/21	0.37 mi	73, Gowrie Road, London, Greater London SW11 5NN	£12,992	48	2	Flat
£625K	03/21	0.37 mi	35, Emu Road, London, Greater London SW8 3PQ	£9,921	63	2	Flat
£625K	03/21	0.37 mi	35, Emu Road, London, Greater London SW8 3PQ	£9,921	63	2	Flat
£615K	10/23	0.37 mi	49a, Emu Road, London, Greater London SW8 3PQ	£9,179	67	2	Flat
£625K	03/23	0.38 mi	48, Tennyson Street, London, Greater London SW8 3SU	-	-	2	Flat
£610K	06/21	0.38 mi	45, Tennyson Street, London, Greater London SW8 3SU	£9,385	65	2	Flat
£500K	05/23	0.38 mi	Flat B, 16, Netherford Road, London, Greater London SW4 6AE	£6,849	73	2	Flat
£950K	11/21	0.41 mi	73a, Clapham Common North Side, Clapham, London, Greater London SW4 9SB	-	-	2	Flat
£592K	12/20	0.41 mi	71, Stanley Grove, London, Greater London SW8 3PJ	£9,108	65	2	Flat
£600K	06/21	0.42 mi	Ground Floor Flat, 156, Stonhouse Street, London, Greater London SW4 6BE	£7,595	79	2	Flat
£650K	03/23	0.42 mi	35a, Prairie Street, London, Greater London SW8 3PL	£11,017	59	2	Flat
£280K	12/20	0.43 mi	Flat 40, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LE	-	-	2	Flat
£275K	03/23	0.43 mi	Flat 62, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat

Local Rents

50 rents from £1.8K/mo to £6K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,250	12/24	0.01 mi	-	2	Flat
£5,500	02/25	0.05 mi	-	2	Flat
£2,250	10/24	0.11 mi	-	2	Flat
£3,000	09/24	0.11 mi	Victoria Rise, Clapham Town, SW4	2	Flat
£2,275	09/24	0.11 mi	Victoria Rise , Clapham Common SW4	2	Flat
£2,300	12/24	0.11 mi	-	2	Flat
£2,150	01/25	0.11 mi	-	2	Flat
£2,550	12/24	0.12 mi	-	2	Flat
£2,150	04/25	0.13 mi	-	2	Flat
£2,700	04/25	0.13 mi	-	2	Flat
£2,250	09/24	0.14 mi	Victoria Rise, London, SW4	2	Flat
£2,850	01/25	0.14 mi	-	2	Flat
£3,200	09/24	0.14 mi	-	2	Terraced House
£3,200	09/24	0.14 mi	-	2	Terraced House
£3,200	09/24	0.14 mi	-	2	Terraced House
£3,000	09/24	0.14 mi	-	2	Terraced House
£3,000	09/24	0.14 mi	-	2	Terraced House
£3,000	10/24	0.14 mi	-	2	Terraced House
£2,745	12/24	0.14 mi	-	2	Terraced House
£2,900	02/25	0.15 mi	-	2	Flat
£2,250	09/24	0.15 mi	-	2	Flat
£2,100	10/24	0.17 mi	-	2	Terraced House
£2,700	09/24	0.17 mi	Rashleigh Street, Diamond Conservation Area, London, SW8	2	Flat
£2,300	09/24	0.18 mi	Sycamore Mews, London	2	Flat
£2,300	09/24	0.19 mi	Rashleigh Street, London, SW8	2	Flat
£2,300	09/24	0.19 mi	-	2	Flat
£2,100	02/24	0.2 mi	-	2	Flat
£2,379	03/25	0.2 mi	-	2	Flat
£2,750	09/24	0.2 mi	Clapham Common North Side London SW4	2	Flat
£2,250	01/25	0.21 mi	-	2	Flat
£2,000	09/24	0.21 mi	Queenstown Road, Battersea, SW8	2	Flat
£4,500	09/24	0.22 mi	Macaulay Road, London, SW4	2	Flat
£6,000	09/24	0.22 mi	Macaulay Road, London, SW4	2	Flat
£2,500	09/24	0.22 mi	Heather Close London SW8	2	Flat
£2,250	09/24	0.22 mi	Heather Close, London	2	Flat
£2,800	12/24	0.22 mi	-	2	Flat
£2,475	12/24	0.23 mi	-	2	Flat
£2,400	02/25	0.23 mi	-	2	Flat
£1,800	03/24	0.23 mi	Old Town, Clapham Common	2	Flat
£1,800	03/24	0.23 mi	Old Town, Clapham Old Town	2	Flat
£1,950	09/24	0.24 mi	Garfield Road, Clapham Junction	2	Flat
£3,200	03/25	0.24 mi	-	2	Flat
£2,900	09/24	0.25 mi	-	2	Flat
£2,500	01/25	0.25 mi	-	2	Flat
£2,350	12/24	0.25 mi	-	2	Flat
£2,600	09/24	0.26 mi	-	2	Flat
£2,350	02/25	0.26 mi	-	2	Terraced House
£1,950	12/24	0.26 mi	-	2	Flat
£2,450	03/25	0.26 mi	-	2	Flat
£2,850	09/24	0.27 mi	Grafton Square, 63 Old Town, Clapham, London, SW4	2	Flat

Local Area Statistics

Population in SW4	39,63339,633
Population in London	4,771,9214,771,921
Town centre distance	4.66 miles away4.66 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £380,000

March 13, 2024

Sold for £160,000

2000

Floor Plans

Description

2 Bedroom Flat +
Smart 1930's Purpose Built Block +
4th Floor +
Reception Room and Separate Kitchen +
Parquet Wooden Flooring +
607 Sq Ft Accommodation +
Good Residential Location +
Close to Clapham Common +
Short Walk to Tube +
Short Lease 56 Years so CASHBUYERS ONLY +

4th floor flat in smart 1930's purpose built block. Located in fantastic spot within the Old Town in highly sought after residential road directly off Clapham Common. The accommodation comprises entrance hallway, two double bedrooms, bathroom, modern kitchen and a light and airy reception room. Other selling points include polished parquet flooring throughout, intercom entry system, lift and secure communal bike storage space within the grounds. The flat has a short lease of 56 years unexpired reflected in the asking price so is available to CASHBUYERS ONLY.

Macaulay Road is a ideal for local amenities including bars, restaurants and shopping as well as the open spaces of Clapham Common. Local transport links include Clapham Common Tube Station (Northern Line) within 7-8 minutes walk and Wandsworth Road Overground Station (part of the London Overground orbital train network). There are excellent local bus services providing quick and easy access into the City, West End and Canary Wharf. The underlying lease has circa 56 years remaining and so can only be sold to cash buyers.

Service Charge and Ground Rent is £2,800/annum TBC. Lambeth Council Tax Band D. Available with no chain, CASHBUYERS ONLY.

Agent Details

Eden Harper, Battersea

020 3870 9020

Next Steps?

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

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