2 Bed Flat, Single Let, London, SW11 7AA, £875,000

30 Ponton Road, London, SW11 - 2 views - 6 months ago

Leasehold

BTL

~89 m²

+13 photos

ValuationOvervalued

Sold Prices	£267K - £925K
Sold Prices/m²	£3K/m² - £13.9K/m²

Square Metres	~89.37 m²
Price/m²	£9.8K/m²
Value Estimate	£779,096£779,096

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£218,750£218,750
Stamp Duty & Legal Fees	£58,700£58,700
Total Cash In	£277,450£277,450

Cash Out
Rent Range	£3,300 - £7,000£3,300 - £7,000
Rent Estimate	£3,372
Running Costs/mo	£3,429£3,429
Cashflow/mo	£-57£-57
Cashflow/yr	£-681£-681
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £267K to £925K, average is £435K. £3K/m² to £13.9K/m², average is £10.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£870K	04/23	0.16 mi	Flat 5, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£925K	08/21	0.17 mi	Flat 10, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£500K	06/21	0.2 mi	8, Mill Pond Close, London, Greater London SW8 4SN	£7,463	67	2	Flat
£432.5K	03/21	0.22 mi	Flat 17, Oliver House, Wyvil Road, London, Greater London SW8 2SX	-	-	2	Flat
£353.3K	06/23	0.23 mi	Flat 13, Webb House, Hemans Street, London, Greater London SW8 4SU	-	-	2	Flat
£445K	02/21	0.26 mi	Flat 12, Courthope House, Hartington Road, London, Greater London SW8 2HS	-	-	2	Flat
£473.4K	09/23	0.26 mi	92, Crimsworth Road, London, Greater London SW8 4RL	£13,945	34	2	Flat
£340K	11/21	0.26 mi	Flat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE	-	-	2	Flat
£481.2K	09/23	0.27 mi	Flat 10, Lang House, Hartington Road, London, Greater London SW8 2HT	-	-	2	Flat
£425K	11/20	0.29 mi	Flat 25, Tillotson Court, Wandsworth Road, London, Greater London SW8 2NH	-	-	2	Flat
£416K	07/23	0.35 mi	Flat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£435K	05/23	0.35 mi	Flat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£590K	06/23	0.35 mi	160a, Old South Lambeth Road, London, Greater London SW8 1XX	-	-	2	Flat
£350K	06/21	0.37 mi	Flat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU	£7,447	47	2	Flat
£415K	09/21	0.38 mi	Flat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£375K	09/21	0.38 mi	Flat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£395K	01/21	0.39 mi	Ground Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY	-	-	2	Flat
£400K	12/20	0.39 mi	Flat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX	-	-	2	Flat
£590K	10/23	0.4 mi	35, Heyford Avenue, Kennington, London, Greater London SW8 1EA	-	-	2	Flat
£465K	01/23	0.4 mi	Flat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY	-	-	2	Flat
£835K	09/21	0.41 mi	Basement Flat, 68, Claverton Street, London, Greater London SW1V 3AX	£12,463	67	2	Flat
£700K	02/24	0.41 mi	78, Ground Floor Flat, Claverton Street, London, Greater London SW1V 3AX	£12,727	55	2	Flat
£580K	01/21	0.43 mi	Flat C, 42, Heyford Avenue, London, Greater London SW8 1EE	-	-	2	Flat
£315K	03/23	0.44 mi	Flat 25, Park Mansions, South Lambeth Road, London, Greater London SW8 1TP	-	-	2	Flat
£370K	12/20	0.44 mi	Flat 17, Thessaly House, Thessaly Road, London, Greater London SW8 4EB	-	-	2	Flat
£573.2K	10/21	0.45 mi	65c, Heyford Avenue, London, Greater London SW8 1EB	-	-	2	Flat
£407.5K	03/21	0.45 mi	Flat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB	-	-	2	Flat
£520K	06/21	0.45 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£741K	01/21	0.45 mi	4, Rita Road, London, Greater London SW8 1JU	£8,718	85	2	Flat
£470K	10/20	0.46 mi	Flat 25, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£435K	06/23	0.46 mi	Flat 2, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£390K	06/21	0.46 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£370K	02/21	0.46 mi	Flat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£270K	03/23	0.47 mi	Flat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£270K	11/23	0.47 mi	Flat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW	-	-	2	Flat
£305K	12/23	0.47 mi	65, Tradescant Road, London, Greater London SW8 1XJ	£2,961	103	2	Flat
£267K	01/23	0.48 mi	Flat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£350K	06/21	0.52 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£560K	08/21	0.56 mi	229d, South Lambeth Road, London, Greater London SW8 1XR	-	-	2	Flat
£350K	03/21	0.56 mi	Flat 42, Aston House, Wandsworth Road, London, Greater London SW8 4ER	-	-	2	Flat
£540K	05/23	0.56 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£510K	12/20	0.59 mi	First Floor Flat, 30, Albert Square, London, Greater London SW8 1DA	£10,408	49	2	Flat
£480K	02/23	0.6 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£537.5K	02/21	0.6 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£430K	06/23	0.6 mi	Flat 5, Wisden House, Meadow Road, London, Greater London SW8 1NA	-	-	2	Flat
£270K	09/21	0.6 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat
£515K	10/20	0.61 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.61 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£440K	02/23	0.61 mi	Second Floor Flat, 80, Meadow Road, London, Greater London SW8 1PP	£10,233	43	2	Flat
£360K	08/21	0.61 mi	Flat 5, Mobey Court, Studley Road, London, Greater London SW4 6RS	-	-	2	Flat

Local Rents

50 rents from £3.3K/mo to £7K/mo, average is £4.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,358	09/24	0 mi	Madeira Tower, The Residence, London, SW11	2	Flat
£4,500	10/24	0 mi	-	2	Flat
£7,000	09/24	0 mi	-	2	Flat
£7,000	04/25	0 mi	-	2	Flat
£3,800	02/24	0 mi	-	2	Flat
£3,950	09/24	0 mi	-	2	Flat
£3,550	11/24	0 mi	-	2	Flat
£4,463	09/24	0.01 mi	The Residence, Nine Elms, SW8	2	Flat
£3,792	09/24	0.01 mi	Madeira Tower, The Residence, London, SW11	2	Flat
£3,532	09/24	0.01 mi	The Residence London SW11	2	Flat
£4,073	09/24	0.02 mi	Charles Clowes Walk, London	2	Flat
£3,467	09/24	0.03 mi	The Residence London SW11	2	Flat
£4,073	09/24	0.03 mi	Thornes House, Nine Elms, London, SW11	2	Flat
£3,350	09/24	0.03 mi	Haines House, Nine Elms, SW11	2	Flat
£4,463	09/24	0.03 mi	Charles Clowes Walk, London, SW11	2	Flat
£4,550	09/24	0.03 mi	Charles Clowes Walk, London, SW11	2	Flat
£3,300	09/24	0.03 mi	-	2	Flat
£4,593	10/24	0.03 mi	-	2	Flat
£4,593	02/25	0.03 mi	-	2	Flat
£4,871	02/25	0.03 mi	-	2	Flat
£4,333	04/25	0.03 mi	-	2	Flat
£4,073	09/24	0.03 mi	Charles Clowes Walk, Nine Elms, LONDON, SW11 7AG	2	Flat
£4,463	09/24	0.03 mi	Charles Clowes Walk, Nine Elms, London, SW11 7AG	2	Flat
£4,593	09/24	0.03 mi	Thornes House, Nine Elms, London, SW11 7AG	2	Flat
£4,463	09/24	0.03 mi	Charles Clowes Walk, New Covent Garden, SW11	2	Flat
£4,680	09/24	0.03 mi	Thornes House, Nine Elms, London SW11	2	Flat
£4,073	02/24	0.03 mi	-	2	Flat
£4,073	02/24	0.03 mi	-	2	Flat
£4,680	02/24	0.03 mi	-	2	Flat
£6,497	12/24	0.03 mi	-	2	Flat
£4,832	10/24	0.03 mi	-	2	Flat
£5,850	09/24	0.03 mi	-	2	Flat
£5,850	03/25	0.03 mi	-	2	Flat
£5,092	12/24	0.03 mi	-	2	Flat
£4,333	02/25	0.03 mi	-	2	Flat
£4,230	02/25	0.03 mi	-	2	Flat
£4,290	02/25	0.03 mi	-	2	Flat
£4,897	02/25	0.03 mi	-	2	Flat
£4,871	02/25	0.03 mi	-	2	Flat
£5,092	03/25	0.03 mi	-	2	Flat
£4,333	04/25	0.03 mi	-	2	Flat
£4,637	04/25	0.03 mi	-	2	Flat
£4,637	04/25	0.03 mi	-	2	Flat
£4,680	04/25	0.03 mi	-	2	Flat
£4,846	04/25	0.03 mi	-	2	Flat
£4,073	09/24	0.03 mi	Charles Clowes Walk, London	2	Flat
£4,463	09/24	0.03 mi	Edgware Road, London	2	Flat
£4,463	09/24	0.03 mi	Edgware Road, London	2	Flat
£4,680	09/24	0.03 mi	Edgware Road, London	2	Flat
£4,073	09/24	0.03 mi	Edgware Road, London	2	Flat

Local Area Statistics

Population in SW11	70,15270,152
Population in London	4,771,9214,771,921
Town centre distance	3.43 miles away3.43 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+1%+1%

Property History

Listed for £875,000

October 22, 2024

Floor Plans

Description

2 Bedrooms +
895sq.ft (83.13sq.m) +
2 Bathrooms (1 En-Suite) +
Underfloor Heating +
Balcony +
Open Plan Reception +
Modern Integrated Kitchen +
24 Hour Concierge +
Residents Gym +
0.2 Miles to Nine Elms Station +

A beautifully designed 2-bedroom apartment offering 895sq.ft (83.13sq.m) available for sale in Madeira Tower, part of Bellway’s popular ‘The Residence’ development located in Nine Elms, moments from the U.S. Embassy. In pristine condition, this spacious upper-floor property benefits from a fantastic open plan reception and kitchen with floor-to-ceiling windows and South-Eastern views, leading out to a well-proportioned balcony. Both bedrooms offer generous space, with built-in wardrobes and modern finishes, with the main bedroom benefitting from a luxurious en-suite bathroom with bathtub and there is an additional family bathroom with walk-in shower off the hallway. With generous storage throughout and larger than average ceiling heights, this property offers a contemporary and elegant living space. Please note there is the option of including a secure parking space via additional negotiation.

Residents of The Residence have a plethora of benefits, with access to a range of exclusive on-site amenities, including a fitness centre, a 24-hour concierge service, landscaped communal gardens, a screening room, and meeting rooms all at your convenience. Nestled in the heart of Nine Elms with many restaurants, cafes, shops, and bars all within a short walk, including the Battersea Power Station shopping centre, this property enjoys easy access to the best of London’s attractions and amenities, effortlessly being able to commute across London with the nearby Northern Line transport link of Nine Elms Tube Station less than a 5-minute walk away.

Please note furniture may differ to that shown in the current photos.

• Leasehold: 991 Years Remaining (999 Years from 29 January 2016)
• Service Charges: £5,983.12 per annum (payable half annually)
• Ground Rent: £350 per annum

Reception Room / Kitchen - 8.74m x 8.41m (28'8" x 27'7") -

Sun Room -

Master Bedroom - 5.19m x 2.89m (17'0" x 9'5") -

Bedroom - 3.74m x 3.00m (12'3" x 9'10") -

Master Bathroom -

Bathroom -

Agent Details

Garton Jones, Nine Elms & Vauxhall

020 3889 9021

Next Steps?

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

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