2 Bed Flat, Single Let, London, SW2 4AR, £265,000

Streatham Hill, London, SW2 4AR - 10 months ago

Leasehold
BTL
ROI: 9%
~62 m²
+8 photos

ValuationUndervalued

Sold Prices£297.5K - £650K
Sold Prices/m²£3.6K/m² - £14K/m²

 

 

Square Metres

~62.40 m²
Price/m²£4.2K/m²

Value Estimate

£331,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Rent Range

£1,699 - £2,600

Rent Estimate

£1,750

Running Costs/mo

£1,198

Cashflow/mo

£552

Cashflow/yr

£6,623

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £297.5K to £650K, average is £480.8K. £3.6K/m² to £14K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£415K04/210.09 miFlat 216, Pullman Court, Streatham Hill, London, Greater London SW2 4TA2
£410K12/200.1 miFlat 21, Christchurch House, Christchurch Road, London, Greater London SW2 3UA2
£430K10/210.11 mi25b, Montrell Road, London, Greater London SW2 4QD2
£526.5K06/210.14 miGround Floor Flat, 9, Cotherstone Road, London, Greater London SW2 3NE2
£375K04/230.18 miFlat 47, Wavertree Court, Streatham Hill, London, Greater London SW2 4TN2
£382K01/230.18 miFlat 72, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW2
£365K09/210.18 miFlat 58, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW2
£387.5K10/210.18 miFlat 79, Wavertree Court, Streatham Hill, London, Greater London SW2 4TW2
£603.5K05/210.19 mi75a, Tierney Road, Streatham, London, Greater London SW2 4QH2
£590K01/230.19 miGround Floor Flat, 20, Sulina Road, London, Greater London SW2 4EJ2
£315K05/230.21 miFlat 2, Tanhurst House, Redlands Way, London, Greater London SW2 3LS2
£357.5K11/200.22 mi15, Roupell Road, London, Greater London SW2 3EL2
£365K02/230.22 miFlat 11, Elstead House, Redlands Way, London, Greater London SW2 3LT2
£650K05/230.25 miFlat B, 5, Killieser Avenue, London, Greater London SW2 4NU2
£499K10/200.25 mi14a, Maplestead Road, London, Greater London SW2 3LX2
£560K03/210.25 miFlat A, 9, Maplestead Road, London, Greater London SW2 3LX2
£297.5K11/210.25 mi256b, Brixton Hill, London, Greater London SW2 1HF2
£495K08/210.27 miFlat B, 75, Telford Avenue, London, Greater London SW2 4XL2
£350K06/210.31 miFlat 72, Cameford Court, New Park Road, London, Greater London SW2 4LJ2
£475K03/210.33 mi104a, Kingswood Road, London, Greater London SW2 4JL2
£535K11/200.33 mi104b, Kingswood Road, London, Greater London SW2 4JL2
£481.5K03/210.34 mi79, Barcombe Avenue, London, Greater London SW2 3BG2
£445K08/200.35 mi83, Kingswood Road, London, Greater London SW2 4JW2
£445K02/230.36 mi45, Doverfield Road, London, Greater London SW2 5NF2
£425K06/210.36 mi53, Doverfield Road, London, Greater London SW2 5NF2
£395K05/230.36 mi47, Doverfield Road, London, Greater London SW2 5NF2
£300K06/210.36 mi8, Saxby Road, London, Greater London SW2 4JU2
£300K11/200.37 miFlat 38, Warnham House, Upper Tulse Hill, London, Greater London SW2 2SA2
£510K05/210.38 mi48, Doverfield Road, London, Greater London SW2 5NB2
£525K02/230.38 mi6, Brading Road, London, Greater London SW2 2AN2
£380K06/210.39 miFlat B, 11, Thornton Avenue, London, Greater London SW2 4HL2
£480K06/210.39 mi139, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BQ2
£590K03/230.4 mi16, Brading Road, London, Greater London SW2 2AN2
£485K06/210.4 mi110b, Barcombe Avenue, London, Greater London SW2 3BA2
£325K01/210.4 mi1, Saxby Road, London, Greater London SW2 4JS2
£650K06/210.4 mi31, Doverfield Road, London, Greater London SW2 5NE2
£565.6K07/230.4 mi9, Doverfield Road, London, Greater London SW2 5NE2
£575K07/230.41 mi92a, Kingswood Road, London, Greater London SW2 4JJ2
£495K06/210.42 mi128, Amesbury Avenue, London, Greater London SW2 3AB2
£640K03/230.43 mi92, Telford Avenue, London, Greater London SW2 4XG2
£581.3K05/210.43 mi25, Dumbarton Road, London, Greater London SW2 5LX2
£383K12/200.44 miFlat 24, Macgregor House, Thornton Road, London, Greater London SW12 0LE2
£565K09/210.44 miUpper Maisonette, 2, Chale Road, London, Greater London SW2 4JB2
£550K02/230.45 mi22, Hailsham Avenue, London, Greater London SW2 3AH2
£500K07/230.45 mi87, Salford Road, London, Greater London SW2 4BE2
£550K06/210.45 miGround Floor Flat, 10, Dumbarton Road, London, Greater London SW2 5LU2
£610K06/210.45 mi38, Dumbarton Road, London, Greater London SW2 5LU2
£400K11/210.46 mi11, Thornton Gardens, London, Greater London SW12 0LQ2
£450K09/230.46 mi67, Thornton Gardens, London, Greater London SW12 0LQ2
£550K03/210.47 mi18b, Elm Park, London, Greater London SW2 2UB2

Local Rents

51 rents from £1.7K/mo to £2.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,95011/240.01 mi-2
£1,95001/250.04 mi-2
£1,75009/240.11 miMontrell Road Streatham Hill SW22
£1,95009/240.12 mi-2
£2,30012/240.12 mi-2
£1,90009/240.13 miTierney Road, Streatham2
£1,80009/240.13 miStreatham Hill Corner Fielde SW22
£2,30009/240.15 miCotherstone Road, Tulse Hill2
£2,45009/240.15 miPalace Road, London, SW22
£1,99511/240.16 mi-2
£2,10009/240.16 mi-2
£2,10009/240.17 miChristchurch Road, London SW2 3EX2
£2,00009/240.17 miMorrish Road, Brixton2
£1,80009/240.17 miTierney Road, London, SW22
£2,20009/240.18 mi-2
£2,15001/250.18 mi-2
£1,85009/240.18 mi-2
£2,05001/250.18 mi-2
£1,90002/240.19 mi-2
£1,90009/240.19 miTierney Road, LONDON2
£1,90001/250.2 mi-2
£1,99509/240.2 miWyatt Park Road, London, SW22
£1,85009/240.22 miStreatham Hill, London, SW22
£1,99510/240.22 mi-2
£1,80012/240.23 mi-2
£2,60002/240.23 mi-2
£2,60011/240.23 mi-2
£2,10009/240.24 mi-2
£2,10012/240.24 mi-2
£2,10001/250.24 mi-2
£2,30001/250.25 mi-2
£2,20009/240.26 miUpper Tulse Hill Road, London, SW22
£2,20009/240.26 mi-2
£2,20009/240.26 mi-2
£1,69909/240.26 miFortrose Gardens, London2
£2,45009/240.26 miBlairderry Road, Streatham Hill2
£2,45009/240.26 miBlairderry Road, Streatham Hill2
£2,45009/240.26 miBlairderry Road, Streatham Hill2
£1,75010/240.26 mi-2
£1,84609/240.27 miFortrose Gardens, London2
£2,39510/240.27 mi-2
£2,30009/240.29 miUpper Tulse Hill, Brixton Hill, London, SW22
£2,55001/250.29 mi-2
£1,95009/240.3 miNew Park Road, London, SW22
£1,95009/240.3 mi-2
£2,38011/240.3 mi-2
£1,90009/240.3 miKirkstall Road London SW22
£1,90009/240.3 miKirkstall Road London SW22
£1,75009/240.31 miUpper Tulse Hill, Brixton Hill2
£2,40009/240.31 miUpper Tulse Hill, Brixton2
£2,20009/240.31 mi-2

Local Area Statistics

Population in SW2

54,204

Population in London

4,771,921

Town centre distance

5.86 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Buyer's market

Capital growth (5yrs)

-1%

Property History

Listed for £265,000

March 16, 2024

Floor Plans

Description

  • Top (Fourth) Floor Purpose Built Flat +
  • Two Double Bedrooms +
  • Spacious Lounge With Front Aspect Balcony +
  • Bathroom With Separate W.C +
  • Communal Gardens / Resident's Permit Parking +
  • 0.5 Mi To Streatham Hill Train Station +
  • No Onward Chain +

The Property
NO ONWARD CHAIN: Set on the top (fourth) floor of a purpose built development is this two double bedroom flat benefitting from a front aspect balcony from the living room. The property would be further enhanced with an internal works program, but offers a good size lounge, kitchen, bathroom with separate W.C and ample internal storage.
The development benefits from resident's permit parking, communal grounds and lift access.
Located within a close proximity to Streatham Hill train station (0.5 Mi) and a good selection of bars, shops and restaurants. Viewing recommended.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 13/08/2109

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering South West London

020 3897 7789

Next Steps?

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