2 Bed Flat, Single Let, London, SW18 4GR, £450,000

Ketley House, 65 Garratt Lane, SW18 4GR - 7 views - 7 months ago

Leasehold

BTL

~68 m²

+11 photos

ValuationUndervalued

Sold Prices	£280K - £940K
Sold Prices/m²	£4.9K/m² - £10.7K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£549,145£549,145
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Total Cash In	£137,200£137,200

Cash Out
Rent Range	£1,650 - £3,500£1,650 - £3,500
Rent Estimate	£1,750
Running Costs/mo	£1,776£1,776
Cashflow/mo	£-26£-26
Cashflow/yr	£-315£-315
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £280K to £940K, average is £510K. £4.9K/m² to £10.7K/m², average is £8.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£400K	02/21	0.03 mi	Flat 11, Vectis Court, Borrodaile Road, London, Greater London SW18 2LE	-	-	2	Flat
£393K	05/24	0.05 mi	Merstone House, Flat 14, Borrodaile Road, London, Greater London SW18 2LF	£6,238	63	2	Flat
£393K	12/23	0.05 mi	Flat 20, Merstone House, Borrodaile Road, London, Greater London SW18 2LF	-	-	2	Flat
£280K	02/23	0.06 mi	Flat 78, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT	-	-	2	Flat
£635K	03/23	0.16 mi	184a - 184b, St Ann's Hill, London, Greater London SW18 2RT	-	-	2	Flat
£390K	01/21	0.16 mi	Flat 11, Swanmore Court, Garton Place, London, Greater London SW18 2AY	-	-	2	Flat
£510K	04/21	0.16 mi	3, St Anns Crescent, London, Greater London SW18 2ND	-	-	2	Flat
£306K	01/21	0.16 mi	Flat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT	-	-	2	Flat
£471.1K	03/21	0.19 mi	9, Berisford Mews, London, Greater London SW18 2LW	£7,247	65	2	Flat
£465K	07/23	0.21 mi	85a, Allfarthing Lane, London, Greater London SW18 2AS	-	-	2	Flat
£400K	08/23	0.22 mi	7, Delia Street, London, Greater London SW18 2BT	£7,407	54	2	Flat
£445K	07/23	0.22 mi	7c, Delia Street, London, Greater London SW18 2BT	-	-	2	Flat
£465K	03/21	0.23 mi	11, Delia Street, London, Greater London SW18 2BT	£8,807	53	2	Flat
£465K	03/21	0.23 mi	11, Delia Street, London, Greater London SW18 2BT	£8,807	53	2	Flat
£565K	01/21	0.23 mi	13, Daphne Street, London, Greater London SW18 2BJ	£8,309	68	2	Flat
£601K	03/21	0.24 mi	74, Aslett Street, London, Greater London SW18 2BQ	£7,273	83	2	Flat
£625K	12/20	0.25 mi	107, Aslett Street, London, Greater London SW18 2BG	£9,058	69	2	Flat
£434.3K	07/23	0.28 mi	50, Fairfield Drive, London, Greater London SW18 1DL	£6,786	64	2	Flat
£621K	10/23	0.33 mi	17, Barmouth Road, London, Greater London SW18 2DT	£9,269	67	2	Flat
£428K	02/21	0.33 mi	135, Merton Road, London, Greater London SW18 5EH	£10,700	40	2	Flat
£547K	06/21	0.33 mi	First And Second Floor Flat At, 21, Galesbury Road, London, Greater London SW18 2RL	-	-	2	Flat
£400K	10/21	0.34 mi	30, Kimber Road, London, Greater London SW18 4NP	£8,696	46	2	Flat
£350K	05/23	0.35 mi	8, Shire Place, London, Greater London SW18 3BP	£6,731	52	2	Flat
£735K	07/23	0.36 mi	92a, Melody Road, London, Greater London SW18 2QG	-	-	2	Flat
£600K	07/23	0.36 mi	4b, Jeypore Road, London, Greater London SW18 2RJ	£7,317	82	2	Flat
£625K	03/23	0.37 mi	First Floor Flat, 93, Twilley Street, London, Greater London SW18 4NW	£10,593	59	2	Flat
£770K	02/21	0.39 mi	91a, Melody Road, London, Greater London SW18 2QQ	-	-	2	Flat
£530K	06/21	0.39 mi	73, Bassingham Road, London, Greater London SW18 3AF	£8,281	64	2	Flat
£530K	06/21	0.39 mi	73, Bassingham Road, London, Greater London SW18 3AF	£8,281	64	2	Flat
£665K	04/23	0.4 mi	29a, Brathway Road, London, Greater London SW18 4BE	-	-	2	Flat
£587.5K	01/21	0.41 mi	43a, Camborne Road, London, Greater London SW18 4BH	-	-	2	Flat
£430K	02/23	0.42 mi	Flat 21, Tower Court, Frogmore, London, Greater London SW18 1HL	-	-	2	Flat
£510K	10/23	0.42 mi	Ground Floor Flat, 20, Camborne Road, London, Greater London SW18 4BJ	£10,408	49	2	Flat
£325K	06/21	0.42 mi	Second Floor Flat, 76a, Lebanon Gardens, London, Greater London SW18 1RH	-	-	2	Flat
£477.5K	03/23	0.42 mi	13b, Alma Road, London, Greater London SW18 1AA	-	-	2	Flat
£403.8K	02/21	0.43 mi	29, Morris Gardens, London, Greater London SW18 5HL	£6,266	64	2	Flat
£765K	06/21	0.45 mi	24, Ebner Street, London, Greater London SW18 1BT	£10,008	76	2	Flat
£560K	05/23	0.45 mi	Flat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST	-	-	2	Flat
£615K	12/20	0.45 mi	90a, Ringford Road, London, Greater London SW18 1RR	£8,494	72	2	Flat
£580K	05/23	0.46 mi	76a, Earlsfield Road, London, Greater London SW18 3DN	-	-	2	Flat
£460K	02/21	0.46 mi	211, Merton Road, London, Greater London SW18 5EE	£5,913	78	2	Flat
£400K	03/23	0.47 mi	Flat 13, Alexander Court, Wandsworth Common West Side, London, Greater London SW18 2EJ	£5,714	70	2	Flat
£570K	10/23	0.48 mi	59, West Hill Road, London, Greater London SW18 1LE	£7,460	76	2	Flat
£355K	08/23	0.49 mi	107, Ericcson Close, London, Greater London SW18 1SQ	£7,396	48	2	Flat
£490K	12/21	0.5 mi	3a, Granville Road, London, Greater London SW18 5SB	£4,851	101	2	Flat
£940K	12/21	0.5 mi	27, Granville Road, London, Greater London SW18 5SB	-	-	2	Flat
£627.5K	03/21	0.51 mi	1, Farlton Road, London, Greater London SW18 3BJ	£7,844	80	2	Flat
£600K	09/23	0.52 mi	64b, Wimbledon Park Road, London, Greater London SW18 5SH	£6,803	88	2	Flat
£625K	02/23	0.53 mi	5a, Cromford Road, London, Greater London SW18 1NZ	£9,058	69	2	Flat
£587.5K	06/21	0.53 mi	50, Balvernie Grove, London, Greater London SW18 5RU	£10,491	56	2	Flat

Local Rents

50 rents from £1.6K/mo to £3.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	01/25	0.07 mi	-	2	Flat
£2,950	09/24	0.08 mi	Mapleton Crescent, London	2	Flat
£1,750	09/24	0.1 mi	Marcus Terrace, Wandsworth, London, SW18	2	Flat
£2,200	09/24	0.1 mi	Denton Street, Battersea, SW18	2	Flat
£2,750	03/25	0.11 mi	-	2	Flat
£2,300	09/24	0.11 mi	Argento Tower, Mapleton Road	2	Flat
£2,600	10/24	0.12 mi	-	2	Flat
£1,650	12/24	0.12 mi	-	2	Flat
£1,850	09/24	0.14 mi	-	2	Flat
£2,000	11/24	0.16 mi	-	2	Flat
£3,200	02/25	0.17 mi	-	2	Flat
£1,950	03/25	0.17 mi	-	2	Flat
£2,600	09/24	0.17 mi	Sorting House	2	Flat
£2,995	01/25	0.19 mi	-	2	Flat
£1,950	11/24	0.19 mi	-	2	Flat
£1,995	09/24	0.19 mi	-	2	Flat
£1,900	09/24	0.2 mi	Wandsworth High Street, London, SW18	2	Flat
£2,250	09/24	0.21 mi	Berisford Mews, St Ann's Crescent, London, SW18	2	Flat
£2,500	03/25	0.21 mi	-	2	Flat
£2,300	09/24	0.22 mi	Chapel Yard, London, SW18	2	Flat
£2,300	10/24	0.23 mi	-	2	Flat
£2,050	09/24	0.23 mi	Crealock Street, London, SW18	2	Flat
£2,000	09/24	0.24 mi	-	2	Flat
£2,097	09/24	0.25 mi	Aurora Apartments, 10 Buckhold Road, Wandsworth Town, London, SW18	2	Flat
£2,400	09/24	0.25 mi	-	2	Flat
£1,925	03/25	0.25 mi	-	2	Flat
£1,995	12/24	0.25 mi	-	2	Flat
£2,200	09/24	0.26 mi	Buckhold Road, London, SW18	2	Flat
£2,450	09/24	0.26 mi	Buckhold Road, Wandsworth, SW18	2	Flat
£2,200	02/25	0.26 mi	-	2	Flat
£2,600	09/24	0.27 mi	Buckhold Road, Wandsworth Town, London, SW18	2	Flat
£2,600	09/24	0.27 mi	Buckhold Road London SW18	2	Flat
£2,925	09/24	0.27 mi	Ram Quarter, London SW18	2	Flat
£2,817	01/25	0.27 mi	-	2	Flat
£2,600	10/24	0.28 mi	-	2	Flat
£3,500	10/24	0.28 mi	-	2	Flat
£2,800	02/25	0.28 mi	-	2	Flat
£3,500	11/24	0.28 mi	-	2	Flat
£2,400	03/25	0.28 mi	-	2	Flat
£2,700	11/24	0.28 mi	-	2	Flat
£3,000	11/24	0.28 mi	-	2	Flat
£2,600	09/24	0.28 mi	Beacon Tower, 1 Spectrum Way, London, SW18	2	Flat
£2,650	10/24	0.28 mi	-	2	Flat
£2,575	03/25	0.28 mi	-	2	Flat
£2,200	03/25	0.29 mi	-	2	Flat
£2,300	09/24	0.29 mi	Furmage Street, London	2	Flat
£1,965	09/24	0.3 mi	Broomhill Road Wandsworth SW18	2	Flat
£2,000	01/25	0.3 mi	-	2	Flat
£1,900	09/24	0.3 mi	Brathway Road, London, SW18	2	Flat
£2,200	09/24	0.3 mi	-	2	Flat

Local Area Statistics

Population in SW18	59,80659,806
Population in London	4,771,9214,771,921
Town centre distance	6.33 miles away6.33 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.52 miles away0.52 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 £450,000

August 27, 2024

Floor Plans

Description

Two double bedrooms +
Two bathrooms +
Bright and airy reception room +
Stylish kitchen +
Secure allocated parking +
Large communal roof terrace +

A beautifully presented flat with secure allocated parking, set on the first floor of a modern development. The flat is spacious and boasts two double bedrooms, two modern bathrooms and a stylish open plan kitchen/ reception room. This property is situated in Ketley House, which benefits from 3 communal roof terraces and secure bike storage. Old York Road is a short walk away offering a host of independent shops, restaurants and brunch spots and Wandsworth Town station with regular trains into Waterloo. Earlsfield is also within easy reach, offering further transport links and a wide array of bars and shops. King George’s Park and Southside Shopping Centre are also moments away.

Selling your property in Ketley House? Trying to find your perfect home to buy? Register with Chestertons Wandsworth to get the full picture from the experts in the Wandsworth, SW18 market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (Chestertons-NHsales)

Agent Details

Chestertons, Wandsworth

020 3869 5313

Next Steps?

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

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