2 Bed Flat, Single Let, London, SW4 8NL, £370,000

Poynders Court, Balham, London, SW4 8NL - 6 months ago

Under Offer

Leasehold

BTL

ROI: 4%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£340K - £962.5K
Sold Prices/m²	£5.3K/m² - £13.4K/m²

Square Metres	~68.11 m²
Price/m²	£5.4K/m²
Value Estimate	£444,000£444,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£92,500£92,500
Stamp Duty & Legal Fees	£18,300£18,300
Total Cash In	£110,800£110,800

Cash Out
Rent Range	£1,925 - £4,000£1,925 - £4,000
Rent Estimate	£1,950
Running Costs/mo	£1,566£1,566
Cashflow/mo	£384£384
Cashflow/yr	£4,605£4,605
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £340K to £962.5K, average is £625K. £5.3K/m² to £13.4K/m², average is £9.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£340K	09/23	0.03 mi	Flat 7, Couchman House, Oaklands Estate, London, Greater London SW4 8NJ	-	-	2	Flat
£620K	12/23	0.13 mi	54, Honeybrook Road, London, Greater London SW12 0DW	£11,071	56	2	Flat
£534K	09/21	0.14 mi	61, Rudloe Road, London, Greater London SW12 0DR	£9,355	57	2	Flat
£775K	12/23	0.14 mi	84, Bonneville Gardens, London, Greater London SW4 9LE	£9,226	84	2	Flat
£462.5K	03/23	0.16 mi	52, Rathmell Drive, London, Greater London SW4 8JN	£6,703	69	2	Flat
£670K	12/20	0.17 mi	136, Cavendish Road, London, Greater London SW12 0DD	-	-	2	Flat
£645K	12/20	0.2 mi	Ground Floor Flat, 70, Honeybrook Road, London, Greater London SW12 0DN	£10,932	59	2	Flat
£800K	09/21	0.21 mi	28a, Shandon Road, London, Greater London SW4 9HR	-	-	2	Flat
£355K	08/21	0.25 mi	Flat 9, West House, Weir Road, London, Greater London SW12 0NF	-	-	2	Flat
£760K	11/23	0.26 mi	125, Elms Crescent, London, Greater London SW4 8QG	£9,500	80	2	Flat
£830K	03/23	0.26 mi	119, Elms Crescent, London, Greater London SW4 8QG	£9,432	88	2	Flat
£670K	03/21	0.28 mi	19, Yukon Road, London, Greater London SW12 9PY	£9,710	69	2	Flat
£375K	09/23	0.28 mi	19, Scrutton Close, London, Greater London SW12 0AW	£8,242	46	2	Flat
£370K	07/21	0.28 mi	19, Scrutton Close, London, Greater London SW12 0AW	£8,132	46	2	Flat
£930K	10/20	0.28 mi	2a, Shandon Road, London, Greater London SW4 9HP	£12,679	73	2	Flat
£565K	05/23	0.28 mi	18a, Radbourne Road, London, Greater London SW12 0DZ	£9,154	62	2	Flat
£769K	10/23	0.3 mi	72, Narbonne Avenue, London, Greater London SW4 9JU	£12,561	61	2	Flat
£580K	06/21	0.3 mi	40, Yukon Road, London, Greater London SW12 9PX	£8,923	65	2	Flat
£650K	11/20	0.3 mi	38a, Yukon Road, London, Greater London SW12 9PX	£8,784	74	2	Flat
£740K	09/21	0.31 mi	14a, Hazelbourne Road, London, Greater London SW12 9NS	-	-	2	Flat
£765K	02/23	0.31 mi	Upper Maisonette, 74, Hazelbourne Road, London, Greater London SW12 9NS	-	-	2	Flat
£378K	06/21	0.31 mi	236, Hydethorpe Road, London, Greater London SW12 0JH	£6,873	55	2	Flat
£385K	12/20	0.31 mi	238, Hydethorpe Road, London, Greater London SW12 0JH	£6,210	62	2	Flat
£600K	06/21	0.32 mi	57, Hazelbourne Road, London, Greater London SW12 9NU	-	-	2	Flat
£775K	12/20	0.32 mi	20, Englewood Road, London, Greater London SW12 9NZ	£7,762	100	2	Flat
£735K	05/24	0.32 mi	4, Beira Street, London, Greater London SW12 9LJ	£10,831	68	2	Flat
£676K	12/23	0.32 mi	7, Beira Street, London, Greater London SW12 9LJ	£9,657	70	2	Flat
£765K	02/21	0.32 mi	Top Floor Flat, 27, Cavendish Road, London, Greater London SW12 0BH	£11,418	67	2	Flat
£475K	12/20	0.32 mi	Flat B, 1, Cavendish Road, London, Greater London SW12 0BH	£8,716	55	2	Flat
£630K	04/21	0.33 mi	12, Cavendish Road, London, Greater London SW12 0DG	-	-	2	Flat
£650K	02/24	0.33 mi	124, Hydethorpe Road, London, Greater London SW12 0JD	£10,372	63	2	Flat
£680.5K	11/20	0.34 mi	5, Yukon Road, London, Greater London SW12 9PZ	£9,397	72	2	Flat
£570K	03/21	0.35 mi	24d, Lynn Road, London, Greater London SW12 9LA	-	-	2	Flat
£501K	06/21	0.35 mi	Flat 5, Lessar Court, Lessar Avenue, London, Greater London SW4 9HN	-	-	2	Flat
£735K	03/21	0.36 mi	88, Weir Road, London, Greater London SW12 0NB	£7,943	93	2	Flat
£605K	07/23	0.36 mi	30a, Yukon Road, London, Greater London SW12 9PU	-	-	2	Flat
£500K	11/21	0.36 mi	Flat 4, Barry Court, Lessar Avenue, Clapham, London, Greater London SW4 9HH	-	-	2	Flat
£725K	08/23	0.36 mi	243a, Cavendish Road, London, Greater London SW12 0BP	£8,876	82	2	Flat
£962.5K	12/23	0.37 mi	12b, Mandalay Road, London, Greater London SW4 9ED	-	-	2	Flat
£420K	03/21	0.37 mi	79a, Cambray Road, Balham, London, Greater London SW12 0ER	£9,615	44	2	Flat
£575K	09/23	0.37 mi	65a, Cambray Road, London, Greater London SW12 0ER	£13,372	43	2	Flat
£600K	04/21	0.37 mi	71, Cambray Road, Balham, London, Greater London SW12 0ER	£10,909	55	2	Flat
£500K	11/20	0.37 mi	107a, Cambray Road, London, Greater London SW12 0ER	£8,512	59	2	Flat
£460K	08/23	0.37 mi	11, Maple Close, London, Greater London SW4 8LL	£7,039	65	2	Flat
£775K	08/23	0.38 mi	26, Mandalay Road, London, Greater London SW4 9EE	£11,742	66	2	Flat
£556K	10/23	0.39 mi	First Floor Flat, 54, Cambray Road, London, Greater London SW12 0DY	£9,424	59	2	Flat
£532K	02/21	0.39 mi	First Floor Flat, 54, Cambray Road, London, Greater London SW12 0DY	£9,017	59	2	Flat
£660K	03/21	0.39 mi	62a, Cambray Road, London, Greater London SW12 0DY	-	-	2	Flat
£865K	06/21	0.39 mi	71, Hambalt Road, London, Greater London SW4 9EQ	£12,891	67	2	Flat
£355K	06/21	0.4 mi	54, Thornton Road, London, Greater London SW12 0LF	£5,299	67	2	Flat

Local Rents

50 rents from £1.9K/mo to £4K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,950	09/24	0.03 mi	Vaughan House, Poynders Gardens, SW4	2	Flat
£2,350	03/25	0.07 mi	-	2	Flat
£2,600	02/25	0.07 mi	-	2	Flat
£2,200	09/24	0.14 mi	Deauville Court, Clapham SW4	2	Flat
£2,150	09/24	0.15 mi	Rudloe Road, London, SW12	2	Flat
£2,200	11/24	0.16 mi	-	2	Flat
£2,650	12/24	0.17 mi	-	2	Flat
£2,500	09/24	0.18 mi	-	2	Flat
£2,500	10/24	0.18 mi	-	2	Flat
£2,350	03/25	0.18 mi	-	2	Flat
£2,495	09/24	0.19 mi	Limerick Close, London, SW12	2	Flat
£2,495	09/24	0.19 mi	-	2	Flat
£2,999	09/24	0.19 mi	Gaskarth Road, Clapham South, SW12	2	Flat
£2,500	12/24	0.2 mi	-	2	Flat
£1,925	11/24	0.2 mi	-	2	Flat
£2,000	09/24	0.21 mi	Poynders Road, London, SW4	2	Flat
£2,249	09/24	0.21 mi	Limerick Close, Balham, London, SW12	2	Flat
£2,450	11/24	0.21 mi	-	2	Flat
£2,197	09/24	0.22 mi	Shandon Road, SW4	2	Flat
£3,000	09/24	0.22 mi	-	2	Flat
£2,900	01/25	0.22 mi	-	2	Flat
£2,250	09/24	0.22 mi	Limerick Close, Balham	2	Flat
£2,495	09/24	0.22 mi	Limerick Close, Balham, London, SW12	2	Flat
£1,950	03/25	0.24 mi	-	2	Flat
£3,000	01/25	0.25 mi	-	2	Flat
£2,200	09/24	0.26 mi	-	2	Flat
£2,100	09/24	0.26 mi	Weir Road, Balham, London, SW12	2	Flat
£2,650	09/24	0.26 mi	-	2	Flat
£2,097	09/24	0.27 mi	Abbeville Road, Clapham	2	Flat
£2,000	09/24	0.27 mi	Dagnan Road, London, SW12	2	Flat
£2,750	09/24	0.27 mi	Dagnan Road, London, SW12	2	Flat
£1,975	03/25	0.27 mi	-	2	Flat
£2,700	10/24	0.28 mi	-	2	Flat
£2,100	09/24	0.28 mi	-	2	Flat
£1,950	09/24	0.28 mi	Radbourne road	2	Flat
£2,900	10/24	0.29 mi	-	2	Flat
£2,800	09/24	0.29 mi	Hambalt Road, Clapham	2	Flat
£2,300	11/24	0.29 mi	-	2	Flat
£2,700	09/24	0.29 mi	-	2	Flat
£2,500	10/24	0.29 mi	-	2	Flat
£3,000	09/24	0.3 mi	-	2	Flat
£2,700	09/24	0.3 mi	Klea Avenue, Clapham	2	Flat
£2,800	11/24	0.3 mi	-	2	Flat
£3,470	09/24	0.31 mi	-	2	Flat
£3,030	09/24	0.31 mi	-	2	Flat
£2,600	09/24	0.31 mi	Abbeville Road, Clapham	2	Flat
£1,998	09/24	0.31 mi	Cathles Road, Clapham South, London, SW12	2	Flat
£3,350	04/25	0.32 mi	-	2	Flat
£1,998	09/24	0.32 mi	Cavendish Road, Clapham South, London, SW12	2	Flat
£4,000	09/24	0.32 mi	Cavendish Road, Clapham, London, SW12	2	Flat

Local Area Statistics

Population in SW4	39,63339,633
Population in London	4,771,9214,771,921
Town centre distance	5.56 miles away5.56 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+22%+22%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+5%+5%

Property History

Listed for £370,000

September 25, 2024

Floor Plans

Description

Superb 2 bedroom ground floor flat +
Well proportioned rooms throughout +
Reception room with feature fireplace +
2 double size bedrooms +
Access to communal gardens +
Smart fitted kitchen +

This lovely 2 bedroom flat benefits from access to communal gardens, period features including beautiful wood window shutters and well proportioned rooms throughout.

Situated in a purpose-built mansion style block which is set back from the road, this property is moments from the green open spaces of Clapham Common. Clapham Junction, Clapham Common and Clapham South stations are close by.

Please use the reference CHPK0033279 when contacting Foxtons.

Agent Details

Foxtons, Balham

020 3834 7864

Next Steps?

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

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