2 Bed Flat, Single Let, London, SW9 9RZ £400,000

Stansfield Road, London, SW9 9RZ - 9 views - 2 years ago
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationUndervalued

Sold Prices£295K - £871.6K
Sold Prices/m²£5.1K/m² - £11.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£492,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£438 - £3,500

Rent Estimate

£1,800

Running Costs/mo

£1,630

Cashflow/mo

£170

Cashflow/yr

£2,040

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £295K to £871.6K, average is £555K. £5.1K/m² to £11.5K/m², average is £8.4K/m².

Price
Date
Distance
Address
Beds
 
£665K07/230 miGround Floor Flat, 20, Stansfield Road, London, Greater London SW9 9RZ2
£410K07/230 miFirst Floor Flat, 28, Stansfield Road, London, Greater London SW9 9RZ2
£750K06/250.02 mi27a, Stansfield Road, London SW9 9RY2
£750K06/250.02 mi27a, Stansfield Road, London SW9 9RY2
£465K02/230.02 miFirst Floor Flat, 9, Chantrey Road, London, Greater London SW9 9TD2
£675K01/250.07 mi80, Dalyell Road, London SW9 9UP2
£570K07/250.07 miFlat 1, 72, Dalyell Road, London SW9 9UP2
£455K01/250.1 mi52 Percheron Court, 5, Combermere Road, London SW9 9QD2
£410K02/250.1 miGoodwood Mansions, 7, Stockwell Park Walk, London SW9 0XY2
£399.9K01/230.1 miFlat 37, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ2
£430K06/210.15 miTop Floor Flat, 30, Pulross Road, London, Greater London SW9 8AF2
£555K03/250.15 mi230, Flat 8, Ferndale Road, London SW9 8AT2
£388K04/230.18 miFlat 27, Burrow House, Stockwell Park Road, London, Greater London SW9 0UY2
£525K01/250.2 mi370, Flat 6, Brixton Road, London SW9 7BW2
£575K06/210.22 miFlat 4, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£575K04/230.22 miFlat 6, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£355K04/250.24 mi39, Thornicroft House, Stockwell Road, London SW9 9PT2
£429.5K07/230.25 miGround Floor Flat, 36, Hubert Grove, London, Greater London SW9 9PD2
£659.2K01/250.25 mi72, Ground Floor Flat, Hubert Grove, London SW9 9PD2
£390K03/250.26 miBroadoak Court, 21, Gresham Road, London SW9 7PL2
£618K11/230.26 miFlat 9, Glasbury House, Ferndale Road, London, Greater London SW9 8AY2
£720K01/230.28 mi128, Ferndale Road, London, Greater London SW4 7SA2
£431K05/250.29 mi2, George Mews, London SW9 7AB2
£431K05/250.29 mi2, George Mews, London SW9 7AB2
£610K09/230.29 mi122a, Ferndale Road, London, Greater London SW4 7SA2
£485K05/250.29 miFlat D, 76, Wiltshire Road, London SW9 7NH2
£485K05/250.29 miFlat D, 76, Wiltshire Road, London SW9 7NH2
£535K03/250.3 miFlat 2, 46, Tasman Road, London SW9 9LU2
£500K02/230.31 miFlat 6, Marie Lloyd Court, Brighton Terrace, London, Greater London SW9 8DL2
£550K12/210.32 mi80a, Stockwell Park Road, London, Greater London SW9 0BX2
£295K10/230.32 miFlat 33, Chartham Court, Canterbury Crescent, London, Greater London SW9 7PT2
£871.6K05/250.32 mi3, 4 Alpha House, Beta Place, London SW4 7QN2
£871.6K05/250.32 mi3, 4 Alpha House, Beta Place, London SW4 7QN2
£600K06/230.33 mi50, Santley Street, London, Greater London SW4 7QD2
£670K01/250.33 mi25, Flat 27, Robsart Street, London SW9 0FA2
£499.9K10/220.34 mi56, Belvedere Place, London SW2 5TD2
£645K03/250.35 mi1b, Burnley Road, London SW9 0SH2
£685K06/230.35 mi91, Stockwell Park Road, London, Greater London SW9 0DB2
£475K03/230.35 miFlat 13, Connaught Mansions, Coldharbour Lane, London, Greater London SW9 8LE2
£758.8K07/230.35 miFlat B, 41, Stockwell Road, London, Greater London SW9 9QB2
£656.3K02/230.35 miGround Floor Flat, 40, Mayflower Road, London, Greater London SW9 9LA2
£470K06/230.36 miFirst Floor Flat, 40b, Mayflower Road, London, Greater London SW9 9LA2
£555K06/210.36 mi99, Sandmere Road, London, Greater London SW4 7PX2
£437K06/210.36 miFirst Floor Flat, 66, Ferndale Road, Clapham, London, Greater London SW4 7SE2
£807.5K09/210.36 mi79a, Landor Road, London, Greater London SW9 9RT2
£390K01/250.36 mi8, Flat 2, Tintern Street, London SW4 7PZ2
£680K02/230.37 mi3, Mayflower Road, London, Greater London SW9 9JY2
£695K07/230.37 miSecond Floor Flat, 41, Mayflower Road, London, Greater London SW9 9JY2
£575K03/250.37 mi14, Tintern Street, London SW4 7PZ2
£650K08/250.37 miFlat 16, 5 Ivor House, Acre Lane, London SW2 5RS2

Local Rents

50 rents from £438/mo to £3.5K/mo, average is £2.1K/mo.

Rent
Date
Distance
Address
Beds
 
£2,00011/250.01 miStansfield Road, London, SW92
£2,10002/240.01 mi-2
£2,00010/250.01 mi-2
£2,70007/250.02 miStansfield Road, Brixton, London, SW92
£2,30006/250.02 mi-2
£2,30006/250.02 miStansfield Road, London, SW92
£2,21009/250.02 mi5 Chantrey Road, Sw92
£2,50006/250.02 mi35 Chantrey Road, Brixton, London, SW92
£2,15007/250.03 miChantrey Road, London, SW92
£2,25010/240.04 mi-2
£2,00009/240.04 miChantrey Road, Stockwell, London, SW92
£1,90009/240.04 mi-2
£2,00010/250.04 mi-2
£2,02409/240.05 miChantrey Road, London2
£2,00009/240.05 miChantrey Road, Stockwell2
£43807/250.05 miDalyell Road, Brixton, London2
£2,20008/250.06 mi-2
£2,20008/250.06 mi-2
£2,25007/250.06 miGateley Road, Brixton SW92
£2,30009/240.07 miDalyell Road, London2
£1,80010/250.07 miStockwell Road, London, SW92
£2,00010/250.07 miGateley Road, Brixton2
£2,45009/240.07 miCombermere Road, Stockwell, SW92
£2,50011/250.07 miCombermere Road, Stockwell, SW92
£1,95009/240.07 miDalyell Road, London2
£2,25009/240.07 miDalyell Road London SW92
£2,12509/250.07 miStockwell Road, London, SW92
£2,99509/240.08 mi-2
£1,79511/240.08 mi-2
£2,20011/250.08 miStockwell Road, London, SW92
£2,60005/250.09 mi-2
£1,95009/240.09 miPercheron Court, SW92
£2,10009/240.1 mi-2
£2,10006/250.1 mi-2
£2,10006/250.1 miStockwell Road, London, SW92
£2,50011/250.1 mi-2
£2,35008/250.1 miDalyell Road, Brixton, SW92
£1,85007/250.1 miStockwell Park Walk, London, SW92
£2,15009/240.1 miGoodwood Mansions, London, SW92
£2,15009/240.1 mi-2
£2,99909/240.1 mi-2
£3,50003/250.1 mi-2
£2,89305/250.1 mi-2
£2,14511/250.1 miStockwell Avenue, Stockwell2
£1,80010/240.1 mi-2
£2,75010/250.1 miStockwell Green, Stockwell, London, SW92
£1,75005/250.1 miGoodwood Mansions, Stockwell Park Walk, London, SW92
£2,00010/240.11 mi-2
£2,20007/250.11 miMordaunt Street, Stockwell2
£2,25006/250.11 miBellefields Road, Brixton2

Local Area Statistics

Population in SW9

42,067

Population in London

4,771,921

Town centre distance

4.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-6%

Sales demand

Seller's market

Capital growth (5yrs)

+1%

Property History

Listed for £400,000

April 27, 2024

Floor Plans

Property image

Description

  • Guide Price - £400,000 - £425,000 +
  • One large bedroom period flat, plus study/second bedroom +
  • Good condition throughout +
  • Close to Brixton & Stockwell Stations +
  • NO CHAIN +

A flat that is exquisitely presented and offers well-maintained communal areas leading to the first-floor entrance.

As you enter the property you have a bright kitchen and reception room, the living room is bay fronted and very light and the kitchen is modern.

The property also offers a large double bedroom at the rear and a second bedroom that is a perfect home office, nursery or this room can accommodate a bed if needed, both rooms are finished to a very high standard. The property also offers a lovely bathroom.

Stansfield Road is a popular residential road conveniently located for the amenities of both Brixton and Stockwell. Local transport links include Brixton Underground Station (Victoria Line) Brixton Overground station and Stockwell Underground Station (Northern & Victoria Line) and excellent local bus services provide quick and easy access into the City, West End and Canary Wharf.

Council Tax Band - C

Agent Details

Marsh & Parsons, Brixton

020 7733 4595

Next Steps?

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