2 Bed Flat, Single Let, London, SW4 7NS, £300,000

Solon New Road Estate, London, SW4 7NS - 3 views - a year ago

Leasehold
BTL
ROI: 7%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£325K - £1.1M
Sold Prices/m²£6.5K/m² - £13.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£360,000
BMV20%

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

£1,700 - £5,000

Rent Estimate

£1,800

Running Costs/mo

£1,318

Cashflow/mo

£483

Cashflow/yr

£5,790

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £325K to £1.1M, average is £556K. £6.5K/m² to £13.4K/m², average is £8.4K/m².

PriceDateDistanceAddressBeds 
£590K03/230.08 miGround Floor Flat, 36, Sandmere Road, London, Greater London SW4 7QJ2
£575K06/210.1 miFlat A, 31, Sandmere Road, London, Greater London SW4 7PS2
£580K08/230.1 miGround Floor Flat, 65, Bedford Road, London, Greater London SW4 7RH2
£560K01/240.13 mi33b, Cato Road, London, Greater London SW4 7TU2
£540K06/230.15 mi8b, Solon Road, London, Greater London SW2 5UY2
£557K01/210.15 miSecond Floor Flat, 56, Tremadoc Road, Clapham, London, Greater London SW4 7LL2
£575K06/210.15 miGround Floor Flat, 23, Tremadoc Road, Clapham, London, Greater London SW4 7NF2
£350K05/230.16 miFlat 27, Sandhurst Court, Acre Lane, London, Greater London SW2 5TX2
£710K04/210.17 mi37, Corrance Road, London, Greater London SW2 5RD2
£602.5K01/210.18 mi54a, Kenwyn Road, London, Greater London SW4 7LH2
£437K06/210.18 miFirst Floor Flat, 66, Ferndale Road, Clapham, London, Greater London SW4 7SE2
£670K05/230.19 mi1, Gerards Place, London, Greater London SW4 7AZ2
£437.5K11/230.2 mi71, Nelsons Row, London, Greater London SW4 7JW2
£555K06/210.2 mi99, Sandmere Road, London, Greater London SW4 7PX2
£640K12/200.23 mi72a, Ballater Road, London, Greater London SW2 5QP2
£500K01/210.23 mi22, Clapham Crescent, London, Greater London SW4 7LB2
£559.5K03/210.23 mi131a, Ferndale Road, London, Greater London SW4 7RN2
£440K08/230.24 mi9, Nelsons Row, London, Greater London SW4 7JR2
£410K05/230.24 mi55, Nelsons Row, London, Greater London SW4 7JR2
£483.5K06/210.24 mi40, Glenelg Road, London, Greater London SW2 5JT2
£480K06/210.24 mi9, Glenelg Road, London, Greater London SW2 5JU2
£525K09/210.24 mi5, Glenelg Road, London, Greater London SW2 5JU2
£435K11/200.24 miFirst Floor Flat, 71, Ballater Road, London, Greater London SW2 5QX2
£596K07/230.25 mi30a, Raeburn Street, London, Greater London SW2 5QU2
£610K09/230.26 mi122a, Ferndale Road, London, Greater London SW4 7SA2
£465K11/200.26 mi140, William Bonney Estate, London, Greater London SW4 7JD2
£325K01/210.26 mi79, William Bonney Estate, London, Greater London SW4 7JF2
£720K01/230.27 mi128, Ferndale Road, London, Greater London SW4 7SA2
£510K03/210.28 mi76, Acre Lane, London, Greater London SW2 5QN2
£685K02/210.29 miGround And Basement Floor Flat, 19, Edgeley Road, London, Greater London SW4 6EH2
£635K12/200.29 mi10a, Sudbourne Road, London, Greater London SW2 5AQ2
£500K12/200.3 mi44b, Branksome Road, London, Greater London SW2 5JA2
£600K06/230.3 mi50, Santley Street, London, Greater London SW4 7QD2
£560K05/210.31 mi21a, Strathleven Road, London, Greater London SW2 5JS2
£429.5K07/230.31 miGround Floor Flat, 36, Hubert Grove, London, Greater London SW9 9PD2
£807.5K09/210.31 mi79a, Landor Road, London, Greater London SW9 9RT2
£1.1M05/210.32 mi18, Tasman Road, London, Greater London SW9 9LT2
£395K01/230.33 mi47, Clapham Park Road, London, Greater London SW4 7EE2
£415K10/230.35 miFlat 11, Towns House, Clapham Road Estate, London, Greater London SW4 6NB2
£505K03/210.35 miGround Floor Flat, 54, Hemberton Road, London, Greater London SW9 9LJ2
£655K01/210.36 mi62, Briarwood Road, London, Greater London SW4 9PX2
£423.5K12/230.37 miFlat B, 59, Gauden Road, London, Greater London SW4 6LL2
£600K06/210.38 miGround Floor Flat, 156, Stonhouse Street, London, Greater London SW4 6BE2
£390K09/230.39 miFlat A, 3, Atherfold Road, London, Greater London SW9 9LL2
£470K06/230.4 miFirst Floor Flat, 40b, Mayflower Road, London, Greater London SW9 9LA2
£656.3K02/230.4 miGround Floor Flat, 40, Mayflower Road, London, Greater London SW9 9LA2
£430K06/210.4 miTop Floor Flat, 30, Pulross Road, London, Greater London SW9 8AF2
£345K03/210.4 miFlat 3, Lynde House, Gauden Road, London, Greater London SW4 6LN2
£618K11/230.41 miFlat 9, Glasbury House, Ferndale Road, London, Greater London SW9 8AY2
£785K01/210.41 mi60, Lambert Road, London, Greater London SW2 5BH2

Local Rents

50 rents from £1.7K/mo to £5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,30010/240.05 mi-2
£2,30009/240.06 mi-2
£2,30002/250.08 mi-2
£2,50003/250.09 mi-2
£2,10012/240.09 mi-2
£2,50012/240.09 mi-2
£5,00002/240.09 mi-2
£3,30011/240.09 mi-2
£3,60001/250.09 mi-2
£2,25003/250.09 mi-2
£3,80003/250.09 mi-2
£1,95009/240.1 miKendoa Road, Clapham, London, SW42
£2,20012/240.1 mi-2
£1,80009/240.1 miSandmere Road2
£2,25009/240.1 miSandmere Road London SW42
£2,00001/250.1 mi-2
£3,00009/240.1 miReed Place, London, SW42
£2,00002/240.1 mi-2
£2,45009/240.11 miReed Place2
£2,39002/250.12 mi-2
£2,60011/240.12 mi-2
£2,50002/250.12 mi-2
£2,85012/240.14 mi-2
£2,00009/240.15 miBrixton2
£2,10004/250.15 mi-2
£2,25009/240.15 miTremadoc Road, SW42
£2,25009/240.15 miTremadoc Road, SW42
£2,10011/240.15 mi-2
£1,70002/250.16 mi-2
£2,00009/240.16 miSandmere Road London SW42
£3,00009/240.16 miSandmere Road London SW42
£1,90012/240.16 mi-2
£1,90003/250.16 mi-2
£2,35003/250.17 mi-2
£2,10009/240.17 miSandhurst Court, Brixton, London, SW22
£2,20010/240.17 mi-2
£2,29709/240.17 miCorrance Road, SW22
£2,30009/240.18 miSandhurst Court, London, SW22
£2,30009/240.18 mi-2
£2,85009/240.18 miSandhurst Court, London, SW22
£1,95002/240.18 mi-2
£2,85009/240.18 mi-2
£2,19902/250.18 mi-2
£2,10012/240.18 mi-2
£2,25009/240.18 mi-2
£2,30012/240.18 mi-2
£2,25001/250.18 mi-2
£2,00002/240.18 mi-2
£2,15001/250.18 mi-2
£2,35003/250.19 mi-2

Local Area Statistics

Population in SW4

39,633

Population in London

4,771,921

Town centre distance

4.70 miles away

Nearest school

0.30 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £300,000

May 14, 2024

Floor Plans

Description

  • Two Generous Bedrooms +
  • Beautiful Views Over London +
  • Floods of Natural Light +
  • Fantastic Location +
  • Great Living Space +

SUMMARY
We are delighted to introduce to you a bright and spacious two bedroom apartment. The property is situated on the eleventh floor with the added benefit of views over the surrounding gardens and London. The property comprises of two generous bedrooms, bathroom and kitchen.

DESCRIPTION
We are delighted to introduce to you a bright and spacious two bedroom apartment. The property is situated on the eleventh floor with the added benefit of views over the surrounding gardens and London. The property comprises of two bedroom, bathroom and kitchen.

An internal viewing is highly recommended to avoid disappointment.

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, Clapham

020 3872 3732

Next Steps?

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