3 Bed Flat, Single Let, London, SW2 3PB, £350,000

Tulse Hill, London, SW2 3PB - 2 views - 5 months ago

Sold STC

BTL

ROI: 7%

~93 m²

+7 photos

ValuationUndervalued

Sold Prices	£315K - £1.5M
Sold Prices/m²	£4.3K/m² - £10.5K/m²

Square Metres	~93 m²
Price/m²	£3.8K/m²
Value Estimate	£420,000£420,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£2,195 - £4,300£2,195 - £4,300
Rent Estimate	£2,199
Running Costs/mo	£1,554£1,554
Cashflow/mo	£645£645
Cashflow/yr	£7,740£7,740
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £315K to £1.5M, average is £550K. £4.3K/m² to £10.5K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.5M	12/21	0.23 mi	4, Berwyn Road, London, Greater London SE24 9BD	£10,476	147	3	Flat
£450K	06/23	0.27 mi	83, Gaywood Close, London, Greater London SW2 3QR	-	-	3	Flat
£315K	06/23	0.28 mi	26, Bushell Close, London, Greater London SW2 3LL	£4,922	64	3	Flat
£450K	06/21	0.29 mi	2a, Station Rise, London, Greater London SE27 9BW	£4,286	105	3	Flat
£985K	05/21	0.31 mi	100, Leigham Vale, London, Greater London SW2 3JH	£5,327	185	3	Flat
£695K	10/20	0.33 mi	56a, Norwood Road, London, Greater London SE24 9BH	£5,991	116	3	Flat
£407.5K	01/23	0.35 mi	5, Roupell Road, Brixton, London, Greater London SW2 3EL	£5,582	73	3	Flat
£395K	05/21	0.37 mi	34, Peabody Hill, London, Greater London SE21 8LD	£5,338	74	3	Flat
£545K	03/21	0.42 mi	243, Barcombe Avenue, London, Greater London SW2 3BH	£5,924	92	3	Flat
£523K	12/22	0.42 mi	Flat 7, William Brown Court, Norwood Road, London, Greater London SE27 9DD	-	-	3	Flat
£550K	02/21	0.45 mi	Flat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	-	-	3	Flat
£500K	06/21	0.46 mi	Flat 8, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	£6,329	79	3	Flat
£560K	06/23	0.46 mi	Flat 5, St. Martins Court, Ullswater Road, London, Greater London SE27 0AN	-	-	3	Flat
£550K	06/23	0.49 mi	137b, Norwood Road, London, Greater London SE24 9AF	-	-	3	Flat
£340K	05/23	0.5 mi	Flat 28, Cherry Close, Tulse Hill, London, Greater London SW2 2EY	-	-	3	Flat
£440K	12/20	0.5 mi	119, Barcombe Avenue, London, Greater London SW2 3BQ	£5,851	75	3	Flat
£605K	03/23	0.5 mi	135, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BQ	£6,722	90	3	Flat
£625K	12/20	0.54 mi	38, Mount Nod Road, London, Greater London SW16 2LL	£5,509	113	3	Flat
£530K	03/23	0.54 mi	6, Keymer Road, London, Greater London SW2 3AP	£5,464	97	3	Flat
£512.5K	03/21	0.58 mi	68, Hailsham Avenue, London, Greater London SW2 3AH	£4,976	103	3	Flat
£850K	10/20	0.59 mi	17b, Knollys Road, London, Greater London SW16 2JJ	-	-	3	Flat
£495K	06/21	0.61 mi	108, Amesbury Avenue, London, Greater London SW2 3AB	£8,406	59	3	Flat
£645K	05/21	0.64 mi	42a, Hawarden Grove, London, Greater London SE24 9DH	-	-	3	Flat
£765K	06/21	0.65 mi	60, Turney Road, London, Greater London SE21 8LU	£6,652	115	3	Flat
£677.5K	06/21	0.65 mi	6a, Turney Road, London, Greater London SE21 8LU	£6,452	105	3	Flat
£580K	06/21	0.66 mi	24, Dalkeith Road, London, Greater London SE21 8LS	£7,294	80	3	Flat
£681K	03/21	0.66 mi	10, Dalkeith Road, London, Greater London SE21 8LS	£8,620	79	3	Flat
£370K	06/23	0.67 mi	Flat 33, Tulse House, Tulse Hill, London, Greater London SW2 2HT	-	-	3	Flat
£620K	03/21	0.67 mi	15, Dalkeith Road, London, Greater London SE21 8LT	£7,381	84	3	Flat
£398K	05/23	0.67 mi	17, Adare Walk, London, Greater London SW16 2PW	£7,236	55	3	Flat
£622K	03/21	0.67 mi	31, Dalkeith Road, London, Greater London SE21 8LT	£7,585	82	3	Flat
£617.5K	01/21	0.68 mi	161, Leigham Court Road, London, Greater London SW16 2SE	£6,175	100	3	Flat
£475K	07/23	0.68 mi	167, Leigham Court Road, Streatham, London, Greater London SW16 2SE	-	-	3	Flat
£686K	09/21	0.69 mi	23, Mount Nod Road, London, Greater London SW16 2LQ	£6,423	107	3	Flat
£621.8K	06/23	0.69 mi	Flat A, 35, Tierney Road, London, Greater London SW2 4QL	-	-	3	Flat
£655K	09/21	0.71 mi	203, Croxted Road, London, Greater London SE21 8NL	£7,964	82	3	Flat
£825K	06/23	0.71 mi	196a, Croxted Road, London, Greater London SE21 8NW	£7,432	111	3	Flat
£467K	06/21	0.77 mi	Flat 45, Streatleigh Court, Streatham High Road, London, Greater London SW16 1EG	-	-	3	Flat
£681.1K	09/21	0.78 mi	Ground Floor Flat At, 55, Killieser Avenue, London, Greater London SW2 4NX	-	-	3	Flat
£492.2K	03/21	0.79 mi	46, Doverfield Road, London, Greater London SW2 5NB	£7,178	69	3	Flat
£550K	01/23	0.79 mi	Flat L, Broadlands Mansions, Broadlands Avenue, London, Greater London SW16 1NB	-	-	3	Flat
£375K	08/21	0.81 mi	Flat 6, Bertrand House, Leigham Avenue, London, Greater London SW16 2TJ	-	-	3	Flat
£455K	06/21	0.81 mi	Flat 42, Manor Court, Leigham Avenue, London, Greater London SW16 2DR	-	-	3	Flat
£622.5K	06/21	0.82 mi	56, Dumbarton Road, London, Greater London SW2 5LU	-	-	3	Flat
£600K	11/20	0.82 mi	46, Dumbarton Road, London, Greater London SW2 5LU	£7,692	78	3	Flat
£425K	05/23	0.82 mi	Flat 35, Streatham Court, Streatham High Road, London, Greater London SW16 1DL	-	-	3	Flat
£405K	07/23	0.82 mi	Flat 26, Streatham Court, Streatham High Road, London, Greater London SW16 1DL	-	-	3	Flat
£437.1K	07/23	0.82 mi	Flat 1a, Manor Court, Leigham Avenue, London, Greater London SW16 2DS	-	-	3	Flat
£852.5K	02/21	0.83 mi	11, Spenser Mews, London, Greater London SE21 8SN	£8,277	103	3	Flat
£400K	07/23	0.84 mi	Flat 5, Beauclerk House, Leigham Avenue, London, Greater London SW16 2TQ	-	-	3	Flat

Local Rents

42 rents from £2.2K/mo to £4.3K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,570	01/25	0.07 mi	-	3	Flat
£2,350	09/24	0.12 mi	-	3	Flat
£2,850	09/24	0.12 mi	-	3	Flat
£2,650	09/24	0.12 mi	-	3	Flat
£2,650	03/25	0.13 mi	-	3	Flat
£2,500	03/25	0.14 mi	-	3	Flat
£4,300	08/24	0.18 mi	Romola Road	3	Flat
£2,900	12/24	0.18 mi	-	3	Terraced House
£2,850	03/25	0.18 mi	-	3	Terraced House
£2,500	02/25	0.18 mi	-	3	Flat
£2,400	02/25	0.29 mi	-	3	Flat
£2,600	10/24	0.3 mi	-	3	Flat
£2,850	09/24	0.3 mi	Hardel Walk, London	3	Flat
£2,195	08/24	0.39 mi	Fawley Court	3	Flat
£2,400	10/24	0.41 mi	-	3	Flat
£2,200	08/24	0.41 mi	Flat B, Elmcourt Road, London, SE27	3	Flat
£3,000	03/25	0.42 mi	-	3	Terraced House
£2,800	08/24	0.43 mi	Elmcourt Road, West Norwood	3	Flat
£2,300	08/24	0.43 mi	Thurlow Park Road, London, Greater SE21	3	Flat
£2,500	08/24	0.44 mi	-	3	Flat
£3,100	10/24	0.46 mi	-	3	Flat
£2,950	03/25	0.46 mi	-	3	Terraced House
£2,500	08/24	0.47 mi	Thurlow Hill, Dulwich, London, SE21	3	House
£2,400	03/25	0.51 mi	-	3	Flat
£3,850	09/24	0.51 mi	-	3	Flat
£3,000	09/24	0.52 mi	-	3	Semi-Detached House
£3,850	09/24	0.56 mi	-	3	Flat
£3,550	09/24	0.56 mi	Rush Common Mews, London, SW2	3	Terraced House
£3,550	09/24	0.56 mi	-	3	Terraced House
£3,300	02/25	0.56 mi	-	3	Terraced House
£2,600	03/25	0.57 mi	-	3	Flat
£2,600	03/25	0.57 mi	-	3	Flat
£3,000	08/24	0.57 mi	Thurlow Park Road, London, SE21	3	Flat
£3,000	08/24	0.57 mi	Thurlow Park Road London SE21	3	Flat
£3,000	03/25	0.58 mi	-	3	Flat
£2,500	02/24	0.58 mi	-	3	Flat
£2,847	09/24	0.6 mi	Cricklade Avenue, SW2	3	Flat
£3,000	02/25	0.6 mi	-	3	Flat
£3,150	08/24	0.6 mi	Norwood Road, London	3	Terraced House
£2,950	08/24	0.61 mi	Waylett Place, West Norwood, London, SE27	3	Flat
£3,500	02/25	0.61 mi	-	3	Semi-Detached House
£2,600	11/24	0.62 mi	-	3	Flat

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	5.93 miles away5.93 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)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-1%-1%

Property History

Listed for £350,000

October 18, 2024

Floor Plans

Description

Guide Price: £350,000 - £375,000 +
Chain free +
Private balcony +
Close proximity to Brockwell Park +
Excellent transport links to The City +
EPC rating: C +

Oaks Estate Agents is proud to present this stunning three-bedroom apartment with a private balcony, offered to the market with no onward chain.

Immaculately maintained by its current owners, this spacious property boasts three bright double bedrooms, a sleek modern bathroom, a separate kitchen with integrated appliances, and a beautiful lounge that opens onto a private balcony with stunning views. Ideal for first-time buyers, the apartment is in pristine condition, with ample storage and ready to move into.

Located just a short walk from Tulse Hill station, this home is perfect for commuters, offering direct access to the City via City Thameslink to London Blackfriars, London Bridge, and East Croydon. Brixton Underground is the nearest tube station, with numerous bus routes providing excellent connectivity to central London. In addition to the superb transport links, the property is surrounded by an array of local amenities, including popular spots like Queen of the South and the Railway Tavern. The renowned Brockwell Park, with its vast green spaces, is also within walking distance. Contact us as soon as possible to avoid disappointment!

Agent Details

Oaks Estate Agents, Tulse Hill

020 3889 9151

Next Steps?

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

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