2 Bed Flat, Single Let, London, SW18 1ND £500,000

Melrose Road, Southfields, London, SW18 1ND - 10 views - a year ago
Sold STC
BTL
~68 m²
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+2 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£7.3K/m²

Value Estimate

£508,091

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Total Cash In

£166,200

 

 

Cash Out

 

Rent Range

£1,700 - £3,250

Rent Estimate

£1,844

Running Costs/mo

£1,951

Cashflow/mo

£-107

Cashflow/yr

£-1,288

Gross Yield

4%

Local Sold Prices

50 sold prices from £280K to £940K, average is £488K. £4.9K/m² to £10.7K/m², average is £7.5K/m².

Price
Date
Distance
Address
Beds
 
£600K09/230.1 mi64b, Wimbledon Park Road, London, Greater London SW18 5SH2
£570K10/230.11 mi59, West Hill Road, London, Greater London SW18 1LE2
£480K05/250.19 mi6b, Granville Road, London SW18 5SL2
£490K12/210.2 mi3a, Granville Road, London, Greater London SW18 5SB2
£940K12/210.2 mi27, Granville Road, London, Greater London SW18 5SB2
£587.5K06/210.21 mi50, Balvernie Grove, London, Greater London SW18 5RU2
£485K03/240.22 miCromer Court, Flat 5, Cromer Villas Road, London, Greater London SW18 1PL2
£525K02/250.23 mi49, Ringford Road, London SW18 1RP2
£440K09/210.23 miFlat 7, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£465K06/210.23 miFlat 5, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£445K09/210.23 miFlat 8, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£420K09/230.23 miFlat A, 21, Haldon Road, London SW18 1QD2
£325K06/210.23 miSecond Floor Flat, 76a, Lebanon Gardens, London, Greater London SW18 1RH2
£650K11/210.24 mi10, Haldon Road, London, Greater London SW18 1QB2
£485K03/230.24 mi82, Balvernie Grove, London, Greater London SW18 5RP2
£385K01/250.25 miBrighton Court, 2, West Hill, London SW15 2UL2
£800K08/250.25 miFlat Ground Floor, 79, Pulborough Road, London SW18 5UL2
£515K02/250.27 mi77, Balvernie Grove, London SW18 5RR2
£665K04/230.28 mi29a, Brathway Road, London, Greater London SW18 4BE2
£360K10/230.29 mi194, Sutherland Grove, London, Greater London SW18 5QX2
£550K08/250.29 miFlat 7, 25, Lebanon Road, London SW18 1RE2
£500.6K06/210.3 mi154, Balvernie Grove, London, Greater London SW18 5RW2
£510K10/230.31 miGround Floor Flat, 20, Camborne Road, London, Greater London SW18 4BJ2
£465K03/230.32 miFlat F204, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£635K03/230.32 miFlat C501, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3ST2
£295K05/250.32 miFlat E, 19, Upper Richmond Road, London SW15 2RF2
£485K05/250.32 mi108, West Hill, London SW15 2UF2
£411.5K01/250.34 mi1 Pine Lodge, 12, Whitefield Close, London SW15 3SS2
£420K07/250.35 mi5, Maple Lodge, Whitefield Close, London SW15 3SS2
£625K02/230.37 mi5a, Cromford Road, London, Greater London SW18 1NZ2
£530K01/240.37 miBurton Lodge, 3, Portinscale Road, London SW15 2HT2
£410.5K07/250.39 miFlat 12, 97 Beverley Gate House, West Hill, London SW15 3SP2
£425K05/230.39 mi1c, Cromford Road, London, Greater London SW18 1NZ2
£672K08/250.39 miFlat Top Floor 2, 23, Galveston Road, London SW15 2RZ2
£500K05/250.39 mi6, 1 Beacon Tower, Spectrum Way, London SW18 4GL2
£495K11/210.42 miFlat 7, Manfred Court, Manfred Road, London, Greater London SW15 2RT2
£445K01/250.44 mi22, Portinscale Road, London SW15 2HY2
£355K08/230.45 mi107, Ericcson Close, London, Greater London SW18 1SQ2
£560K05/230.45 miFlat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST2
£517.5K03/250.45 miMilton Court, 16, Chesterton Close, London SW18 1ST2
£509K10/230.46 mi4, Kendal Place, London, Greater London SW15 2QZ2
£760K03/250.46 miFlat B, 56, Galveston Road, London SW15 2SA2
£486K09/210.46 mi1, St Stephens Gardens, London, Greater London SW15 2RR2
£355K03/250.46 mi304a, Merton Road, London SW18 5AB2
£475K06/250.46 mi3, Cadbury House, Dromore Road, London SW15 3ET2
£475K06/250.46 mi3, Cadbury House, Dromore Road, London SW15 3ET2
£625K04/230.46 mi105 - 107, Replingham Road, London, Greater London SW18 5LU2
£495K08/250.46 miFlat 57, 11, Mapleton Crescent, London SW18 4GY2
£437K05/250.48 miApartment 16, 8, Hardwicks Square, London SW18 4JY2
£280K02/230.5 miFlat 78, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT2

Local Rents

50 rents from £1.7K/mo to £3.3K/mo, average is £2.2K/mo.

Rent
Date
Distance
Address
Beds
 
£2,10007/250.03 miMelrose Road, London, SW182
£1,95009/240.03 mi-2
£2,10008/250.03 mi-2
£2,00010/240.03 mi-2
£2,05011/250.06 miViewfield Road, Wandsworth, London, SW182
£2,20009/240.1 miWimbledon Park Road, London2
£2,75010/240.1 mi-2
£2,25008/250.1 miWimbledon Park Road, LONDON2
£3,25009/240.1 miWimbledon Park Road, SW182
£2,60009/250.11 miWest Hill Road, LONDON2
£2,25009/240.12 miWimbledon Park Road Southfields SW182
£2,40006/250.13 miWest Hill Road, Southfields, London, SW182
£2,29508/250.13 miWest Hill Road, Southfields, London, SW182
£2,49004/250.13 mi-2
£2,25006/250.14 mi-2
£2,25006/250.14 miWimbledon Park Road, London, SW182
£2,00011/250.14 miWimbledon Park Road, London2
£1,95009/250.14 miMorris Gardens, London, SW182
£2,29507/250.15 miWest Hill Road, Wandsworth2
£2,10002/250.15 mi-2
£2,75009/240.15 miJephtha Road, LONDON2
£2,60006/250.15 miJephtha Road, LONDON2
£2,60003/250.16 mi-2
£2,65005/250.16 mi-2
£2,85009/240.16 miJephtha Road, London, SW182
£1,99502/240.17 mi-2
£2,15007/250.17 mi-2
£2,10008/250.17 miWimbledon Park Road, Southfields, London, SW182
£2,00008/250.17 mi-2
£2,05009/250.18 miGranville Road, Southfields, SW18 5SF2
£3,24002/240.18 mi-2
£2,90002/240.18 mi-2
£2,65008/250.18 miHaldon Road, London, SW182
£2,00009/250.19 miLimes Gardens, Wandsworth, London2
£2,00010/250.19 miThe Limes, Limes Gardens, Southfields, London, SW182
£2,25008/250.19 miLimes Gardens, SW182
£3,25007/250.2 miSouthfields Road, Wandsworth, London, SW182
£1,90009/240.21 miMerton Road, LONDON2
£1,95009/240.21 miMerton Road, LONDON2
£2,10009/240.21 miSouthfields Road Wandsworth SW182
£1,70011/250.21 miBalvernie Grove, London, SW182
£1,70011/250.21 mi-2
£3,25006/250.21 miSouthfields Road, Putney, SW182
£2,00010/250.22 miMerton Road, London2
£2,25009/240.23 miRingford Road, Wandworth2
£2,20009/240.23 miMerton Road, Putney, London, SW182
£1,75011/250.23 miBalvernie Grove, London, SW182
£2,10002/250.23 mi-2
£1,99509/250.23 miMerton Road, Wandsworth, London, SW182
£1,75009/240.23 mi-2

Local Area Statistics

Population in SW18

59,828

Population in London

4,771,921

Town centre distance

6.73 miles away

Nearest school

0.10 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £500,000

October 21, 2024

Floor Plans

Property image

Description

  • Lower garden flat +
  • Neutral decor +
  • Private rear garden +
  • Ample reception room +
  • Well sized double bedrooms +
  • Modern kitchen with fitted appliances +
  • Tranquil neighbourhood +
  • Amenities within easy reach +

Enviably situated in a sought-after area of Putney, this fantastic two bedroom flat offers modern and well presented accommodation with smart 15' reception room, stylish kitchen and attractive patio garden.

Melrose Road is quietly situated within easy reach of the green open spaces of King George's Park, and close to an extensive range of shops, bars and eateries in Putney, Wandsworth and Southfields.

Please use the reference CHPK2653156 when contacting Foxtons.

Agent Details

Foxtons, Putney

020 3834 8157

Next Steps?

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