2 Bed Semi-Detached House, Planning Permission, London, SW13 9BH, £625,000

Washington Road, Barnes, SW13 9BH - 3 views - 6 months ago

Under Offer
Cash
Planning
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£440K - £1.5M
Sold Prices/m²£6.3K/m² - £14.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9.2K/m²

Value Estimate

£695,000

 

 

End Value (After Refurb)

£705,211

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£156,250

Stamp Duty & Legal Fees

£44,300

Refurb Costs

£36,000

Bridging Loan Interest

£16,406

Total Cash In

£254,706

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£705,211

Mortgage (After Refinance)

£528,908

Mortgage LTV

75%

Cash Released

£60,158

Cash Left In

£194,548

Equity

£176,303

Rent Range

£850 - £3,950

Rent Estimate

£2,588

Running Costs/mo

£2,741

Cashflow/mo

£-153

Cashflow/yr

£-1,841

Gross Yield

5%

Local Sold Prices

38 sold prices from £440K to £1.5M, average is £900K. £6.3K/m² to £14.9K/m², average is £11K/m².

PriceDateDistanceAddressBeds 
£625K04/210.18 mi13, Kilmington Road, London, Greater London SW13 9BZ2
£750K11/220.27 mi32, Nowell Road, London, Greater London SW13 9BS2
£625K03/230.27 mi31, Berkeley Road, London, Greater London SW13 9NY2
£750K04/230.6 mi33, Lyric Road, London, Greater London SW13 9QA2
£807.5K02/210.64 mi55, Grantham Road, London, Greater London W4 2RT2
£1.0M11/200.7 mi3, Stanton Road, London, Greater London SW13 0EY2
£1.1M07/230.7 mi15, Stanton Road, London, Greater London SW13 0EY2
£1.5M11/200.75 mi85, Black Lion Lane, London, Greater London W6 9BG2
£576K10/230.78 mi52, Wilton Avenue, London, Greater London W4 2HY2
£700K08/230.78 mi1, Limes Avenue, London, Greater London SW13 0HG2
£850K09/220.79 mi3, St Peters Grove, London, Greater London W6 9AY2
£1.1M01/210.8 mi1, Cleveland Gardens, London, Greater London SW13 0AG2
£1.0M04/220.8 mi2, St Peters Grove, London, Greater London W6 9AZ2
£722K08/230.81 mi20, Sutherland Road, London, Greater London W4 2QR2
£750K01/240.84 mi29, Parfrey Street, London, Greater London W6 9EW2
£995K04/210.87 mi10, Verona Court, London, Greater London W4 2JD2
£725K04/240.87 mi99, Kenyon Street, London, Greater London SW6 6LA2
£945K06/230.88 mi7, Dalling Road, London, Greater London W6 0JD2
£440K01/210.9 mi14, Sheridan Place, London, Greater London SW13 0LH2
£550K03/210.9 mi12, Sheridan Place, London, Greater London SW13 0LH2
£690K11/200.91 mi59, Railway Side, London, Greater London SW13 0PQ2
£1.1M02/210.93 mi72, Archway Street, London, Greater London SW13 0AW2
£900K09/230.94 mi41, Reckitt Road, London, Greater London W4 2BT2
£682.5K06/210.94 mi3, Thorne Passage, London, Greater London SW13 0PA2
£785K07/230.94 mi11, Thorne Passage, London, Greater London SW13 0PA2
£900K10/220.94 mi5, Thorne Passage, London, Greater London SW13 0PA2
£1.1M07/230.96 mi105, Westfields Avenue, London, Greater London SW13 0AY2
£1.0M12/200.96 mi23, Redmore Road, London, Greater London W6 0HZ2
£1.3M09/230.96 mi4, Greswell Street, London, Greater London SW6 6PP2
£1.1M11/230.96 mi44a, Ennismore Avenue, London, Greater London W4 1SF2
£962.5K03/210.97 mi9, Redmore Road, London, Greater London W6 0HZ2
£940K12/200.97 mi69, Archway Street, London, Greater London SW13 0AS2
£1.0M01/230.98 mi6, Lamington Street, London, Greater London W6 0HU2
£1.0M09/210.98 mi11, Cross Street, London, Greater London SW13 0AP2
£1.2M04/210.99 mi18, Glebe Street, London, Greater London W4 2BG2
£785K06/230.99 mi31, Commondale, London, Greater London SW15 1HS2
£950K06/210.99 mi21, Thorne Street, London, Greater London SW13 0PT2
£725K06/221 mi50, Railway Side, London, Greater London SW13 0PN2

Local Rents

23 rents from £850/mo to £4K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,45009/240.27 miBoileau Road, Castelnau, London, SW132
£3,50011/240.29 mi-2
£3,50002/250.29 mi-2
£3,95009/240.29 mi-2
£2,50009/240.38 miLonsdale Road, Barnes, SW132
£2,24909/240.39 miCastelnau, Barnes2
£2,40009/240.4 miLonsdale Road, Barnes, SW132
£2,24909/240.41 miCastelnau, London, SW132
£2,50009/240.43 miTrinity Church Road, Barnes, SW132
£2,85010/240.46 mi-2
£2,95009/240.48 miCastelnau Gardens, Castelnau, London, SW132
£2,75004/250.48 mi-2
£2,39509/240.48 mi-2
£2,99910/240.49 miOsier Mews, Chiswick2
£2,39502/240.49 mi-2
£2,29710/240.5 miAnstice Close, Chiswick2
£1,97210/240.51 miChesterman Court, Corney Reach Way, Chiswick2
£2,35009/240.52 miClayton House, Barnes Waterside, SW132
£2,09710/240.52 miWillow Court, Corney Reach Way, Chiswick, London, W42
£2,40010/240.53 miPumping Station Road, London, W42
£3,50009/240.55 mi-2
£3,75003/250.58 mi-2
£85011/240.61 mi-2

Local Area Statistics

Population in SW13

15,873

Population in London

4,771,921

Town centre distance

6.62 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Balanced market

Capital growth (5yrs)

-4%

Property History

Price changed to £625,000

January 15, 2025

Listed for £695,000

October 9, 2024

Floor Plans

Description

  • Semi Detached +
  • Unmodernised and Unreconstructed +
  • Scope for Development +
  • EPC Rating D +
  • CASH BUYERS ONLY +

Ripe for development is the unmodernised and unreconstructed semi-detached house on a popular road in Barnes. Currently with two bedrooms and a bathroom on the first floor, an open plan reception / kitchen area on the ground floor.

There is partial off street parking and scope to extend and develop extensively, subject to planning permission.

Cash buyers only.

Selling your property in Washington Road? Trying to find your perfect home to buy? Register with Chestertons Barnes Village to get the full picture from the experts in the North Barnes market.

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Agent Details

Chestertons, Barnes Village

020 3869 5674

Next Steps?

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