3 Bed Flat, Single Let, London, SW6 4JH, £550,000

Landridge Road, London, SW6 4JH - 7 months ago

Leasehold

BTL

ROI: 3%

~93 m²

+8 photos

ValuationUndervalued

Sold Prices	£317.5K - £1.4M
Sold Prices/m²	£4.5K/m² - £31.5K/m²

Square Metres	~93 m²
Price/m²	£5.9K/m²
Value Estimate	£671,000£671,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£43,700£43,700
Total Cash In	£181,200£181,200

Cash Out
Rent Range	£2,500 - £7,250£2,500 - £7,250
Rent Estimate	£2,744
Running Costs/mo	£2,288£2,288
Cashflow/mo	£456£456
Cashflow/yr	£5,477£5,477
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £317.5K to £1.4M, average is £850K. £4.5K/m² to £31.5K/m², average is £10.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£995K	04/23	0.09 mi	Flat B, 35, Waldemar Avenue, London, Greater London SW6 5LB	£20,306	49	3	Flat
£950K	01/21	0.27 mi	285a, New Kings Road, London, Greater London SW6 4RD	£9,896	96	3	Flat
£1.4M	10/23	0.29 mi	2a, Swift Street, London, Greater London SW6 5AG	£31,464	44	3	Flat
£950K	01/21	0.3 mi	Flat 8, Hazelwood Mansions, Rostrevor Road, London, Greater London SW6 5AT	-	-	3	Flat
£960K	03/23	0.32 mi	Flat 79, Hurlingham Court, Ranelagh Gardens, London, Greater London SW6 3UR	£10,213	94	3	Flat
£1.1M	09/21	0.33 mi	Ground Floor & Basement Flat, 6, Radipole Road, London, Greater London SW6 5DL	-	-	3	Flat
£1.0M	12/20	0.36 mi	91, Wardo Avenue, Fulham, London, Greater London SW6 6RB	£12,821	78	3	Flat
£920K	09/23	0.39 mi	51a, Danehurst Street, London, Greater London SW6 6SA	£8,364	110	3	Flat
£620K	02/23	0.43 mi	25a, Parsons Green, London, Greater London SW6 4UJ	£10,690	58	3	Flat
£720K	05/21	0.44 mi	3, St Peters Terrace, London, Greater London SW6 7JT	-	-	3	Flat
£625K	12/20	0.45 mi	49, St Peters Terrace, London, Greater London SW6 7JS	£7,022	89	3	Flat
£1.0M	05/23	0.5 mi	49, Orbain Road, Fulham, London, Greater London SW6 7JZ	-	-	3	Flat
£780K	07/23	0.51 mi	61a, Allestree Road, London, Greater London SW6 6AD	-	-	3	Flat
£1.4M	01/21	0.52 mi	Basement, 25a, Elthiron Road, London, Greater London SW6 4BP	-	-	3	Flat
£760K	09/21	0.53 mi	Upper Ground Floor Flat, 133, Studdridge Street, London, Greater London SW6 3TD	-	-	3	Flat
£835K	11/20	0.53 mi	53, Harbord Street, London, Greater London SW6 6PL	£7,455	112	3	Flat
£735K	02/23	0.55 mi	Flat 12, Kenilworth Court, Lower Richmond Road, London, Greater London SW15 1EW	-	-	3	Flat
£525K	01/21	0.56 mi	Flat 44, Lockyer House, The Platt, London, Greater London SW15 1EE	-	-	3	Flat
£500K	07/23	0.57 mi	19a, Burnthwaite Road, London, Greater London SW6 5BQ	-	-	3	Flat
£850K	01/21	0.58 mi	33, Inglethorpe Street, London, Greater London SW6 6NS	-	-	3	Flat
£825K	02/21	0.63 mi	125, Mirabel Road, London, Greater London SW6 7EQ	£7,093	116	3	Flat
£512K	12/20	0.68 mi	Flat 7, Felsham House, Felsham Road, London, Greater London SW15 1DW	-	-	3	Flat
£970K	07/21	0.68 mi	18a, Salvin Road, London, Greater London SW15 1DR	£15,711	62	3	Flat
£850K	02/23	0.69 mi	128a, Lower Richmond Road, London, Greater London SW15 1LN	£9,140	93	3	Flat
£670K	04/21	0.69 mi	2b, Oxford Road, London, Greater London SW15 2LF	-	-	3	Flat
£1.0M	12/20	0.69 mi	Lower Maisonette, 40, Wandsworth Bridge Road, London, Greater London SW6 2TH	-	-	3	Flat
£317.5K	06/21	0.71 mi	Ground Floor Flat, 38, Epirus Road, London, Greater London SW6 7UH	£4,536	70	3	Flat
£1.1M	05/21	0.72 mi	55a, Wandsworth Bridge Road, London, Greater London SW6 2TB	-	-	3	Flat
£570K	09/21	0.75 mi	Flat 2, Kenneth Younger House, Clem Attlee Court, London, Greater London SW6 7SP	-	-	3	Flat
£820.3K	01/21	0.76 mi	Ground Floor Flat At, 36, Stanbridge Road, London, Greater London SW15 1DX	-	-	3	Flat
£740K	06/21	0.78 mi	26a, Quill Lane, London, Greater London SW15 1PD	£13,214	56	3	Flat
£852K	12/20	0.78 mi	Maisonette B, 14, Bovingdon Road, London, Greater London SW6 2AP	-	-	3	Flat
£889K	09/23	0.79 mi	Upper Flat, 91, Putney Bridge Road, London, Greater London SW15 2PA	-	-	3	Flat
£855K	12/23	0.79 mi	55, Flat B, Cranbury Road, London, Greater London SW6 2NJ	£12,921	66	3	Flat
£1.0M	11/20	0.79 mi	Flat 14, The Piper Building, Peterborough Road, London, Greater London SW6 3EF	-	-	3	Flat
£725K	02/23	0.79 mi	43a, Cranbury Road, London, Greater London SW6 2NP	-	-	3	Flat
£635K	04/21	0.79 mi	43a, Cranbury Road, London, Greater London SW6 2NP	-	-	3	Flat
£1.0M	01/21	0.81 mi	35a, Niton Street, London, Greater London SW6 6NH	-	-	3	Flat
£770K	06/21	0.81 mi	24, Disraeli Gardens, London, Greater London SW15 2QB	£7,938	97	3	Flat
£820K	08/21	0.81 mi	37, Disraeli Gardens, London, Greater London SW15 2QB	-	-	3	Flat
£750K	09/21	0.82 mi	205, Felsham Road, London, Greater London SW15 1BD	-	-	3	Flat
£850K	09/23	0.82 mi	56a, Disraeli Road, Putney, London, Greater London SW15 2DS	-	-	3	Flat
£790K	11/20	0.84 mi	59b, Rosebury Road, London, Greater London SW6 2NQ	-	-	3	Flat
£1.1M	02/23	0.84 mi	23b, Stephendale Road, London, Greater London SW6 2LT	-	-	3	Flat
£1.0M	04/21	0.85 mi	Flat B, 60, Rosebury Road, London, Greater London SW6 2NG	-	-	3	Flat
£950K	12/23	0.85 mi	60a, Rosebury Road, London, Greater London SW6 2NG	-	-	3	Flat
£892.5K	07/21	0.85 mi	Flat 2, Purcell Mansions, Queens Club Gardens, London, Greater London W14 9TP	-	-	3	Flat
£770K	07/23	0.86 mi	Flat 14, Quain Mansions, Queens Club Gardens, London, Greater London W14 9TW	-	-	3	Flat
£950K	09/21	0.86 mi	Flat 4, Palmerston Mansions, Queens Club Gardens, London, Greater London W14 9TS	-	-	3	Flat
£850K	06/23	0.87 mi	Flat 16, Owen Mansions, Queens Club Gardens, London, Greater London W14 9RS	-	-	3	Flat

Local Rents

50 rents from £2.5K/mo to £7.3K/mo, average is £3.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,250	12/24	0.01 mi	-	3	Flat
£4,250	02/25	0.01 mi	-	3	Flat
£3,250	09/24	0.04 mi	-	3	Flat
£3,300	12/24	0.07 mi	-	3	Flat
£4,200	09/24	0.13 mi	Buer Road, London, SW6	3	Flat
£2,700	09/24	0.14 mi	Fulham Palace Road, London, SW6	3	Flat
£2,925	09/24	0.14 mi	Fulham Palace Road, London, SW6	3	Flat
£3,800	09/24	0.15 mi	Munster Road, London, SW6	3	Flat
£3,750	09/24	0.19 mi	Hurlingham Road, London	3	Flat
£3,500	09/24	0.21 mi	Hurlingham Road, Fulham, London, SW6	3	Flat
£2,750	09/24	0.21 mi	Fulham High Street, Fulham	3	Flat
£4,312	09/24	0.23 mi	Rostrevor Road, Parsons Green, London, SW6	3	Flat
£4,995	09/24	0.23 mi	-	3	Flat
£3,250	12/24	0.25 mi	-	3	Flat
£6,500	02/24	0.25 mi	-	3	Terraced House
£6,500	09/24	0.26 mi	-	3	Terraced House
£6,500	09/24	0.26 mi	London, London, SW6	3	Terraced House
£6,500	09/24	0.26 mi	Colehill Lane, Munster Village, SW6	3	Terraced House
£6,500	09/24	0.26 mi	Colehill Gardens, Fulham, SW6	3	Flat
£3,200	02/25	0.29 mi	-	3	Flat
£5,500	09/24	0.29 mi	-	3	Flat
£5,350	10/24	0.29 mi	-	3	Flat
£3,300	03/25	0.32 mi	-	3	Flat
£5,417	09/24	0.33 mi	Westbourne Apartments, Fulham Riverside, 5 Central Avenue, Fulham, London	3	Flat
£3,900	09/24	0.33 mi	Penrose Mews, London, SW6	3	Terraced House
£3,400	09/24	0.34 mi	Bishops Road, London, SW6	3	Terraced House
£5,750	09/24	0.35 mi	-	3	Flat
£2,925	09/24	0.36 mi	Fulham Palace Road, Bishop's Park, London, SW6	3	Flat
£3,750	09/24	0.38 mi	Ranelagh Gardens, London, SW6	3	Flat
£4,600	11/24	0.41 mi	-	3	Flat
£3,550	09/24	0.42 mi	-	3	Flat
£5,000	09/24	0.42 mi	Munster Road London SW6	3	Flat
£3,850	09/24	0.42 mi	Munster Road, SW6	3	Flat
£4,200	09/24	0.43 mi	Parsons Green, London, SW6	3	Flat
£2,500	01/25	0.46 mi	-	3	Flat
£3,500	09/24	0.46 mi	Kelvedon Road, London	3	Flat
£3,497	09/24	0.47 mi	Fulham Palace Road, Fulham	3	Flat
£3,500	09/24	0.47 mi	Fulham Palace Road, London	3	Flat
£3,500	09/24	0.47 mi	Kelvedon Road, London, SW6	3	Flat
£3,300	11/24	0.47 mi	-	3	Flat
£2,925	09/24	0.47 mi	-	3	Terraced House
£2,925	09/24	0.47 mi	Fulham, London, SW6	3	Terraced House
£7,250	02/24	0.5 mi	-	3	Terraced House
£3,750	09/24	0.5 mi	Orbain Road, Fulham, SW6	3	Terraced House
£2,817	09/24	0.52 mi	Orbain Road, Munster Village, SW6	3	Terraced House
£5,500	09/24	0.52 mi	-	3	Terraced House
£5,000	01/25	0.52 mi	-	3	Terraced House
£4,450	09/24	0.53 mi	Amazing Three Bedroom Apartment in Putney Wharf	3	Flat
£7,000	09/24	0.53 mi	-	3	Flat
£7,000	11/24	0.53 mi	-	3	Flat

Local Area Statistics

Population in SW6	64,99464,994
Population in London	4,771,9214,771,921
Town centre distance	5.85 miles away5.85 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.32 miles away0.32 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-20%-20%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+3%+3%

Property History

Listed for £550,000

August 27, 2024

Floor Plans

Description

3 double bedrooms +
Private balcony +
Lift access +
Long lease +

SUMMARY
Set on the third floor, the property is in an excellent condition throughout and boasts a large living room with a balcony.

DESCRIPTION
A separate well-equipped kitchen with integrated appliances, three double bedrooms with built in storage in, a modern family bathroom with bath tub and overhead shower and a separate w/c. The property is incredibly bright and has lots of additional storage.

Langridge Road is ideally situated within a short walk of New Kings Road as well as Putney High Street with its excellent array of shops, cafes and bars and restaurants as well as Putney riverside. Putney Bridge Station ( District Line) is 0.4 miles away.

Lease details are currently being compiled. For 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, Earls Court

020 3869 8489

Next Steps?

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