2 Bed Flat, Single Let, London, SW18 1DB, £565,000

Compass House, Riverside West, SW18 1DB - 10 months ago

Leasehold

BTL

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£306K - £875K
Sold Prices/m²	£5.7K/m² - £12.8K/m²

Square Metres	~68.11 m²
Price/m²	£8.3K/m²
Value Estimate	£539,580£539,580

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£141,250£141,250
Stamp Duty & Legal Fees	£45,200£45,200
Total Cash In	£186,450£186,450

Cash Out
Rent Range	£1,950 - £4,000£1,950 - £4,000
Rent Estimate	£2,200
Running Costs/mo	£2,226£2,226
Cashflow/mo	£-26£-26
Cashflow/yr	£-307£-307
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £306K to £875K, average is £564K. £5.7K/m² to £12.8K/m², average is £7.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£460K	08/23	0.02 mi	Flat 129, Compass House, Smugglers Way, London, Greater London SW18 1DB	-	-	2	Flat
£575K	03/24	0.02 mi	Compass House, Flat 208, Smugglers Way, London, Greater London SW18 1DQ	£7,228	80	2	Flat
£722K	06/23	0.02 mi	Flat 133, Compass House, Smugglers Way, London, Greater London SW18 1DB	-	-	2	Flat
£500K	06/21	0.03 mi	Flat 244, Bluewater House, Smugglers Way, London, Greater London SW18 1EA	-	-	2	Flat
£568K	08/21	0.03 mi	Flat 185, Compass House, Smugglers Way, London, Greater London SW18 1DJ	-	-	2	Flat
£495K	06/21	0.03 mi	Flat 10, Dolphin House, Smugglers Way, London, Greater London SW18 1DE	-	-	2	Flat
£515K	07/23	0.04 mi	Flat 243, Bluewater House, Smugglers Way, London, Greater London SW18 1EA	-	-	2	Flat
£520K	06/23	0.04 mi	Flat 247, Bluewater House, Smugglers Way, London, Greater London SW18 1EA	-	-	2	Flat
£540K	11/20	0.04 mi	Flat 83, Dolphin House, Smugglers Way, London, Greater London SW18 1DG	-	-	2	Flat
£475K	10/23	0.05 mi	Flat 94, Dolphin House, Smugglers Way, London, Greater London SW18 1DG	-	-	2	Flat
£610K	08/21	0.06 mi	1, Nickols Walk, London, Greater London SW18 1BZ	£7,922	77	2	Flat
£535K	10/23	0.06 mi	Flat 390, Anchor House, Smugglers Way, London, Greater London SW18 1EN	-	-	2	Flat
£490K	04/23	0.06 mi	Flat 352, Anchor House, Smugglers Way, London, Greater London SW18 1EL	-	-	2	Flat
£470K	11/20	0.06 mi	Flat 432, Anchor House, Smugglers Way, London, Greater London SW18 1EX	-	-	2	Flat
£765K	06/21	0.21 mi	24, Ebner Street, London, Greater London SW18 1BT	£10,008	76	2	Flat
£420K	04/23	0.25 mi	Flat 26, Block 3, Philpot Square, London, Greater London SW6 3HX	-	-	2	Flat
£735K	06/21	0.3 mi	First Floor Flat, 12, Dymock Street, Fulham, London, Greater London SW6 3HA	£7,277	101	2	Flat
£595K	04/23	0.3 mi	195, Carnwath Road, London, Greater London SW6 3EJ	£9,706	61	2	Flat
£690K	12/23	0.3 mi	Ground Floor Flat, 24, Dymock Street, Fulham, London, Greater London SW6 3HA	£12,778	54	2	Flat
£477.5K	03/23	0.32 mi	13b, Alma Road, London, Greater London SW18 1AA	-	-	2	Flat
£372K	06/21	0.34 mi	24, Nantes Close, London, Greater London SW18 1JL	£7,154	52	2	Flat
£434.3K	07/23	0.36 mi	50, Fairfield Drive, London, Greater London SW18 1DL	£6,786	64	2	Flat
£610K	01/21	0.37 mi	20, Wynter Street, London, Greater London SW11 2TZ	-	-	2	Flat
£765K	11/23	0.38 mi	First And Second Floor Flat, 5, Hamble Street, London, Greater London SW6 2RT	-	-	2	Flat
£341.3K	05/23	0.4 mi	Flat 213, Chalmers House, York Road, London, Greater London SW11 3QT	-	-	2	Flat
£420K	02/21	0.41 mi	27, Turenne Close, London, Greater London SW18 1JN	-	-	2	Flat
£430K	02/23	0.44 mi	Flat 21, Tower Court, Frogmore, London, Greater London SW18 1HL	-	-	2	Flat
£605K	09/21	0.46 mi	85a, Stephendale Road, London, Greater London SW6 2LT	-	-	2	Flat
£570K	01/21	0.46 mi	35b, Stephendale Road, London, Greater London SW6 2LT	-	-	2	Flat
£721.3K	07/23	0.46 mi	20a, Edenvale Street, London, Greater London SW6 2SF	£10,304	70	2	Flat
£695K	07/23	0.46 mi	Flat 13, Molasses House, Clove Hitch Quay, London, Greater London SW11 3TN	-	-	2	Flat
£470K	01/21	0.47 mi	24, Spanish Road, London, Greater London SW18 2HY	£9,400	50	2	Flat
£675K	07/23	0.48 mi	106, Townmead Road, London, Greater London SW6 2SG	-	-	2	Flat
£400K	03/23	0.49 mi	Flat 13, Alexander Court, Wandsworth Common West Side, London, Greater London SW18 2EJ	£5,714	70	2	Flat
£610K	06/21	0.5 mi	Flat 142, Watermans Quay, William Morris Way, London, Greater London SW6 2UW	-	-	2	Flat
£635K	03/23	0.5 mi	Flat 135, Watermans Quay, William Morris Way, London, Greater London SW6 2UW	-	-	2	Flat
£635K	03/23	0.5 mi	184a - 184b, St Ann's Hill, London, Greater London SW18 2RT	-	-	2	Flat
£595K	09/23	0.51 mi	37b, Rosebury Road, London, Greater London SW6 2NQ	-	-	2	Flat
£306K	01/21	0.52 mi	Flat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT	-	-	2	Flat
£560K	05/23	0.53 mi	Flat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST	-	-	2	Flat
£510K	04/21	0.53 mi	3, St Anns Crescent, London, Greater London SW18 2ND	-	-	2	Flat
£750K	03/21	0.53 mi	Flat 69, Watermans Quay, William Morris Way, London, Greater London SW6 2UU	-	-	2	Flat
£875K	03/23	0.54 mi	29b, Oakbury Road, London, Greater London SW6 2NN	-	-	2	Flat
£776K	01/24	0.55 mi	9c, Louvaine Road, London, Greater London SW11 2AQ	-	-	2	Flat
£355K	08/23	0.55 mi	107, Ericcson Close, London, Greater London SW18 1SQ	£7,396	48	2	Flat
£695K	04/24	0.55 mi	Ferrymans Quay, Flat 3, William Morris Way, London, Greater London SW6 2UT	£6,950	100	2	Flat
£810K	10/23	0.56 mi	111, Stephendale Road, London, Greater London SW6 2PS	£9,979	81	2	Flat
£560K	02/21	0.56 mi	146a, Townmead Road, London, Greater London SW6 2RH	-	-	2	Flat
£500K	02/21	0.56 mi	3a, Cologne Road, London, Greater London SW11 2AH	£9,434	53	2	Flat
£630K	01/21	0.56 mi	Flat B, 117, Oakhill Road, London, Greater London SW15 2QL	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £4K/mo, average is £2.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,750	02/25	0.01 mi	-	2	Flat
£2,400	03/25	0.01 mi	-	2	Flat
£2,400	03/25	0.01 mi	-	2	Flat
£2,200	03/25	0.01 mi	-	2	Flat
£2,400	03/25	0.01 mi	-	2	Flat
£2,400	03/25	0.02 mi	-	2	Flat
£2,250	12/24	0.02 mi	-	2	Flat
£2,799	09/24	0.02 mi	Smugglers Way, London, SW18	2	Flat
£2,400	03/25	0.02 mi	-	2	Flat
£2,300	09/24	0.02 mi	Compass House, Riverside West	2	Flat
£2,200	09/24	0.02 mi	Compass House, Smugglers Way	2	Flat
£2,250	09/24	0.02 mi	Compass House, Smugglers Way	2	Flat
£2,350	09/24	0.02 mi	Smugglers Way, SW18	2	Flat
£2,427	09/24	0.02 mi	Riverside West, Smugglers Way, SW18	2	Flat
£2,600	09/24	0.03 mi	Dolphin House, Putney, London, SW18	2	Flat
£2,500	02/24	0.03 mi	-	2	Flat
£2,300	09/24	0.03 mi	Riverside West, Smugglers Way, SW18	2	Flat
£2,731	09/24	0.03 mi	New Acres, Wandsworth, SW18	2	Flat
£2,731	09/24	0.03 mi	New Acres, Wandsworth, SW18	2	Flat
£2,500	09/24	0.04 mi	Smugglers Way, Battersea	2	Flat
£2,250	09/24	0.04 mi	Smugglers Way, Wandsworth	2	Flat
£2,250	09/24	0.06 mi	-	2	Flat
£2,400	10/24	0.06 mi	-	2	Flat
£2,750	09/24	0.06 mi	Smugglers Way, Riverside West	2	Flat
£2,500	04/25	0.06 mi	-	2	Flat
£1,950	02/24	0.06 mi	-	2	Flat
£2,600	04/25	0.06 mi	-	2	Flat
£2,350	09/24	0.06 mi	Anchor House, Riverside West	2	Flat
£2,750	09/24	0.07 mi	New Acres, Wandsworth, SW18	2	Flat
£2,000	02/24	0.07 mi	-	2	Flat
£2,640	02/24	0.07 mi	-	2	Flat
£2,800	09/24	0.09 mi	New Acres, Wandsworth, SW18	2	Flat
£2,900	09/24	0.1 mi	New Acres, Wandsworth, SW18	2	Flat
£3,200	09/24	0.16 mi	Ascensis Tower, Battersea Reach	2	Flat
£2,900	09/24	0.16 mi	Quarter House, Battersea Reach	2	Flat
£3,000	02/25	0.16 mi	-	2	Flat
£2,600	10/24	0.17 mi	-	2	Flat
£2,800	09/24	0.19 mi	The Pinnacle, Battersea Reach	2	Flat
£2,900	09/24	0.19 mi	-	2	Flat
£2,900	09/24	0.19 mi	Juniper Drive, Battersea Reach	2	Flat
£2,899	09/24	0.19 mi	Juniper Drive, Battersea	2	Flat
£2,899	09/24	0.19 mi	Juniper Drive, Battersea	2	Flat
£3,400	09/24	0.2 mi	Trafalgar House, Battersea Reach, Wandsworth Town, London, SW18	2	Flat
£2,750	10/24	0.2 mi	-	2	Flat
£2,800	12/24	0.2 mi	-	2	Flat
£2,650	11/24	0.2 mi	-	2	Flat
£2,550	10/24	0.2 mi	-	2	Flat
£4,000	04/25	0.2 mi	-	2	Flat
£2,396	09/24	0.2 mi	Baltimore House, Juniper Drive, London, SW18	2	Flat
£2,450	10/24	0.21 mi	-	2	Flat

Local Area Statistics

Population in SW18	59,80659,806
Population in London	4,771,9214,771,921
Town centre distance	5.77 miles away5.77 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.15 miles away0.15 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+3%+3%

Property History

Listed for £565,000

June 26, 2024

Floor Plans

Description

Video Tour Available +
2 Bedrooms +
1 Bathroom (Potential To Install a 2nd Bathroom) +
West-Facing Private Balcony with Riverview +
24/7 Concierge +
On-Site Virgin Active Gym +
Walk in Wardrobe +
On-Site Convenience Store +
Approx. 673 Sq. Ft. +
Close To Transport Links +

A modern, well presented, two bedroom apartment located in Compass House part of the established Riverside West Development

Accommodation comprises a large reception room, private balcony with river views, a master bedroom with walk in wardrobe, a second bedroom, family bathroom, fully equipt kitchen and extra storage.

Riverside West is a professionally managed development with a 24-hour Concierge and is conveniently located for commuting into the city via Wandsworth Town, with Waterloo only four stops away. The development further benefits from a Hudson Convenient Store, an on-site nursery, a Virgin Active Gym and is within walking distance of the Southside Shopping Centre, local shops and restaurants.

Agent Details

Martin & Co, London Riverside

020 3840 3506

Next Steps?

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

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ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents