2 Bed Flat, Single Let, London, SW8 2RN £330,000

Wandsworth Road, London, SW8 2RN - a year ago

Sold STC

Leasehold

BTL

~56 m²

ValuationUndervalued

Sold Prices	£262K - £1.2M
Sold Prices/m²	£4.7K/m² - £14.6K/m²

Square Metres	~56.30 m²
Price/m²	£5.9K/m²
Value Estimate	£396,000£396,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£82,500£82,500
Stamp Duty & Legal Fees	£24,200£24,200
Total Cash In	£106,700£106,700

Cash Out
Rent Range	£560 - £3,618£560 - £3,618
Rent Estimate	£560
Running Costs/mo	£1,163£1,163
Cashflow/mo	£-603£-603
Cashflow/yr	£-7,239£-7,239
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £262K to £1.2M, average is £423.5K. £4.7K/m² to £14.6K/m², average is £7.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£376.5K	06/25	0.02 mi	35, Hindlip House, Wandsworth Road, London SW8 2RW	£6,491	58	2	Flat
£376.5K	06/25	0.02 mi	35, Hindlip House, Wandsworth Road, London SW8 2RW	-	-	2	Flat
£360K	06/23	0.07 mi	Flat 10, Kneller House, Union Grove, London, Greater London SW8 2RR	-	-	2	Flat
£318K	01/23	0.08 mi	Flat 18, Croxteth House, Wandsworth Road, London, Greater London SW8 2RX	-	-	2	Flat
£340K	05/23	0.12 mi	Flat 33, Farnley House, Union Grove, London, Greater London SW8 2RT	-	-	2	Flat
£370K	06/21	0.15 mi	Flat 57, Brocket House, Union Road, London, Greater London SW8 2RE	-	-	2	Flat
£355K	10/23	0.15 mi	Flat 60, Brocket House, Union Grove, London, Greater London SW8 2RE	-	-	2	Flat
£388.8K	08/23	0.16 mi	Flat 19, Colchester House, Union Grove, London, Greater London SW8 2RD	-	-	2	Flat
£540K	03/25	0.17 mi	212, Flat 50, Wandsworth Road, London SW8 2BP	£7,297	74	2	Flat
£420K	03/25	0.2 mi	Harcourt House, 3, Albion Avenue, London SW8 2AB	£7,778	54	2	Flat
£607.5K	05/25	0.2 mi	Flat 30, 10, Priory Grove, London SW8 2PH	£6,826	89	2	Flat
£607.5K	05/25	0.2 mi	Flat 30, 10, Priory Grove, London SW8 2PH	-	-	2	Flat
£740K	03/25	0.2 mi	3, Flat 133, Cornell Square, London SW8 2ES	£8,315	89	2	Flat
£540K	08/25	0.2 mi	Flat 152, 3, Cornell Square, London SW8 2ES	-	-	2	Flat
£1.2M	08/24	0.2 mi	10, Flat 24, Priory Grove, London SW8 2PH	£14,563	80	2	Flat
£370K	10/23	0.23 mi	Flat 2, Lucas House, Albion Avenue, London, Greater London SW8 2AD	-	-	2	Flat
£390K	04/24	0.23 mi	Lucas House, Flat 5, Albion Avenue, London, Greater London SW8 2AD	£6,724	58	2	Flat
£520K	04/23	0.24 mi	Flat D, 80, Union Road, London, Greater London SW4 6JU	-	-	2	Flat
£415K	09/21	0.24 mi	Flat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£375K	09/21	0.24 mi	Flat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£452.5K	09/21	0.24 mi	Flat 12a, Mordaunt House, Albion Avenue, London, Greater London SW8 2AL	-	-	2	Flat
£485K	04/23	0.25 mi	507b, Wandsworth Road, London, Greater London SW8 4NY	-	-	2	Flat
£416K	07/23	0.26 mi	Flat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£435K	05/23	0.26 mi	Flat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£447K	01/25	0.26 mi	Effingham House, 9, Albion Avenue, London SW8 2AP	£5,022	89	2	Flat
£417K	05/25	0.26 mi	2, Effingham House, Albion Avenue, London SW8 2AP	£8,019	52	2	Flat
£380K	10/23	0.26 mi	Flat 2, Effingham House, Albion Avenue, London, Greater London SW8 2AP	-	-	2	Flat
£355K	10/23	0.27 mi	Flat 10, Stanley House, Albion Avenue, London, Greater London SW8 2AW	-	-	2	Flat
£550K	06/21	0.27 mi	First Floor Flat, 70, Killyon Road, London, Greater London SW8 2XT	£7,746	71	2	Flat
£723.5K	12/23	0.27 mi	Flat A, 74, Killyon Road, London, Greater London SW8 2XT	£10,336	70	2	Flat
£390K	06/21	0.27 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£445K	03/25	0.28 mi	18, Hartington Court, Lansdowne Way, London SW8 2EB	£8,091	55	2	Flat
£440K	03/25	0.28 mi	Tait Court, 10, Lansdowne Green, London SW8 2EU	£6,769	65	2	Flat
£360K	08/21	0.29 mi	Flat 5, Mobey Court, Studley Road, London, Greater London SW4 6RS	-	-	2	Flat
£445K	07/25	0.3 mi	55, Crimsworth Road, London SW8 4RJ	-	-	2	Flat
£465K	07/23	0.3 mi	First Floor Flat, 51, Killyon Road, London, Greater London SW8 2XS	£4,650	100	2	Flat
£395K	10/23	0.3 mi	Flat 2, Wilson House, Albion Avenue, London, Greater London SW8 2AS	-	-	2	Flat
£473.4K	09/23	0.3 mi	92, Crimsworth Road, London, Greater London SW8 4RL	£13,945	34	2	Flat
£540K	03/25	0.31 mi	45, Crimsworth Road, London SW8 4RJ	£11,250	48	2	Flat
£565K	06/21	0.32 mi	25, Jeffreys Road, London SW4 6QU	£10,865	52	2	Flat
£350K	06/21	0.32 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£485K	04/24	0.33 mi	59, Brayburne Avenue, London SW4 6AB	£14,265	34	2	Flat
£610K	04/23	0.34 mi	Second Floor Flat, 59, Larkhall Rise, London, Greater London SW4 6HT	-	-	2	Flat
£353.3K	06/23	0.35 mi	Flat 13, Webb House, Hemans Street, London, Greater London SW8 4SU	-	-	2	Flat
£427K	07/23	0.35 mi	Flat 23, Squires Court, Binfield Road, London, Greater London SW4 6TD	-	-	2	Flat
£275K	03/23	0.35 mi	Flat 62, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat
£262K	07/23	0.35 mi	Flat 48, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat
£405K	03/25	0.36 mi	17, Strudwick Court, Binfield Road, London SW4 6TE	£6,429	63	2	Flat
£550K	09/23	0.37 mi	2, Chelsham Road, London, Greater London SW4 6NP	£9,167	60	2	Flat
£500K	06/21	0.37 mi	8, Mill Pond Close, London, Greater London SW8 4SN	£7,463	67	2	Flat

Local Rents

50 rents from £560/mo to £3.6K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,450	05/25	0.04 mi	-	2	Flat
£3,450	06/25	0.04 mi	-	2	Flat
£2,150	04/25	0.04 mi	-	2	Flat
£2,300	12/24	0.06 mi	-	2	Flat
£1,775	12/24	0.06 mi	-	2	Flat
£2,100	01/25	0.06 mi	-	2	Flat
£2,200	06/25	0.07 mi	Bridport Terrace, South Lambeth	2	Flat
£2,350	06/25	0.07 mi	Bridport Terrace, South Lambeth	2	Flat
£2,100	02/25	0.07 mi	-	2	Flat
£2,150	05/25	0.07 mi	-	2	Flat
£2,150	05/25	0.07 mi	Union Grove, London	2	Flat
£2,396	10/25	0.08 mi	Union Grove, London, SW8	2	Flat
£1,750	11/25	0.08 mi	Wandsworth Road, London, SW8	2	Flat
£3,618	09/25	0.08 mi	St Josephs Street, Battersea, London, SW8	2	Flat
£1,750	11/25	0.09 mi	Wandsworth Road, London, SW8	2	Flat
£2,500	08/25	0.1 mi	Wandsworth Road, Nine Elms SW8	2	Flat
£2,350	09/24	0.1 mi	Wandsworth Road, London, SW8	2	Flat
£2,350	09/24	0.1 mi	-	2	House
£2,000	09/24	0.1 mi	Amesbury Tower, Wandsworth Road, London	2	Flat
£2,450	09/24	0.11 mi	Courland Grove, South Lambeth, SW8	2	Flat
£2,800	09/25	0.12 mi	-	2	Flat
£2,350	07/25	0.12 mi	-	2	Flat
£560	06/25	0.12 mi	Union Grove, Sw8	2	Flat
£2,000	11/25	0.12 mi	Clyston Street, Clapham, London, SW8	2	Flat
£3,050	10/25	0.13 mi	Southville, London, SW8	2	Flat
£2,800	09/24	0.13 mi	Southville, London	2	Flat
£2,600	11/25	0.13 mi	Southville, London	2	Flat
£2,000	11/25	0.14 mi	Clive House, Union Grove, SW8	2	Flat
£2,000	11/25	0.14 mi	Union Grove, Clapham	2	Flat
£2,050	02/25	0.14 mi	-	2	Flat
£2,150	07/25	0.14 mi	Wandsworth Road	2	Flat
£2,405	09/25	0.15 mi	2B Smedley Street, Sw4	2	Flat
£2,050	06/25	0.15 mi	Union Grove, London, SW8	2	Flat
£2,050	09/24	0.15 mi	-	2	Flat
£2,050	06/25	0.15 mi	-	2	Flat
£2,300	04/25	0.15 mi	-	2	Flat
£2,450	09/24	0.15 mi	-	2	House
£2,350	06/25	0.15 mi	-	2	Flat
£2,450	09/24	0.15 mi	Courland Grove, London, SW8	2	Flat
£2,500	11/25	0.15 mi	Wandsworth Road, London, SW8	2	Flat
£1,900	06/25	0.15 mi	Union Grove, LONDON	2	Flat
£1,900	08/25	0.15 mi	Union Grove, LONDON	2	Flat
£1,798	11/25	0.15 mi	Union Grove, Stockwell,	2	Flat
£1,900	05/25	0.15 mi	Union Grove, LONDON	2	Flat
£2,250	10/25	0.15 mi	-	2	Flat
£2,500	08/25	0.16 mi	Union Road, London, SW8	2	Flat
£2,700	09/25	0.16 mi	-	2	Flat
£2,250	09/25	0.16 mi	Clyston Road - Nine Elms	2	Flat
£2,400	05/25	0.17 mi	Wandsworth Road, Stockwell	2	Flat
£2,500	11/25	0.17 mi	Corben Mews, Clyston Street, SW8	2	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	3.98 miles away3.98 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.32 miles away0.32 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-4%-4%

Property History

Listed for £330,000

June 13, 2024

Floor Plans

Description

HEATING AND HOT WATER INCLUDED IN SERVICE CHARGES +
SECOND FLOOR +
RESIDENTS PERMIT PARKING +
CLOSE PROXMITY TO TUBE AND TRAIN LINES +
IDEAL FIRST TIME PURCHASE +
DOUBLE GLAZED +
IDEAL RENTAL INVESTMENT £1750-£1800 PER MONTH +
TWO GOOD SIZE BEDROOMS +

Guide price £330,000-£360,000. Set within this purpose built building is this spacious apartment benefitting from fitted kitchen, bathroom, spacious reception room and two decent sized bedrooms, furthermore the property is offered to the market in good condition throughout and comes with residents off street parking.

Goldsborough House is situated off Wandsworth road and Larkhall Rise which runs down from Clapham Old Town and within half mile radius of Clapham Common, which is much appreciated for the well-kept wide open green spaces and a favourable place to be during the summer months. Also close by is the vibrant Clapham High Street and Pavement, which offers numerous bars and restaurants and boutiques.

Agent Details

Bairstow Eves, Battersea

020 3834 8401

Next Steps?

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

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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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Cashflows

Local Sold Prices

Local Rents