2 Bed Flat, Single Let, London, SW15 4BY, £280,000

CADNAM POINT Dilton Gardens, London, Greater London, SW15 4BY - 5 views - 5 months ago

Under Offer

Leasehold

BTL

ROI: 7%

49 m²

+5 photos

ValuationUndervalued

Sold Prices	£190.8K - £740K
Sold Prices/m²	£3.3K/m² - £9K/m²

Square Metres	48.70 m²
Price/m²	£5.7K/m²
Value Estimate	£312,189£312,189
BMV	11%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£70,000£70,000
Stamp Duty & Legal Fees	£11,100£11,100
Total Cash In	£81,100£81,100

Cash Out
Rent Range	£1,650 - £3,250£1,650 - £3,250
Rent Estimate	£1,697
Running Costs/mo	£1,234£1,234
Cashflow/mo	£463£463
Cashflow/yr	£5,551£5,551
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

46 sold prices from £190.8K to £740K, average is £385K. £3.3K/m² to £9K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£297.5K	06/21	0.11 mi	Flat 26, Witley Point, Wanborough Drive, London, Greater London SW15 4AX	-	-	2	Flat
£256K	10/23	0.13 mi	Flat 10, Hindhead Point, Wanborough Drive, London, Greater London SW15 4AW	-	-	2	Flat
£290K	03/21	0.16 mi	Flat 6, Blendworth Point, Wanborough Drive, London, Greater London SW15 4AL	-	-	2	Flat
£590K	05/23	0.35 mi	61b, Medfield Street, London, Greater London SW15 4JY	£7,195	82	2	Flat
£540K	03/23	0.49 mi	Flat 31, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TR	-	-	2	Flat
£490K	09/21	0.54 mi	19, Holford Way, London, Greater London SW15 5GB	£6,712	73	2	Flat
£485K	06/21	0.56 mi	13, Bader Way, London, Greater London SW15 5GD	£7,348	66	2	Flat
£205K	01/23	0.57 mi	Flat 8, Finchdean House, Tangley Grove, London, Greater London SW15 4EQ	-	-	2	Flat
£240K	12/23	0.57 mi	Flat 4, Hurstbourne House, Tangley Grove, London, Greater London SW15 4EJ	-	-	2	Flat
£364K	02/23	0.6 mi	79, Innes Gardens, London, Greater London SW15 3AD	£5,778	63	2	Flat
£375K	04/23	0.6 mi	91, Innes Gardens, London, Greater London SW15 3AD	£5,515	68	2	Flat
£330K	12/20	0.63 mi	43, Tildesley Road, London, Greater London SW15 3AA	£5,410	61	2	Flat
£235K	12/23	0.65 mi	Flat 8, Binley House, Highcliffe Drive, London, Greater London SW15 4PY	-	-	2	Flat
£225K	11/23	0.69 mi	Flat 59, Charcot House, Highcliffe Drive, London, Greater London SW15 4PT	-	-	2	Flat
£725K	03/23	0.72 mi	Flat 37, Exeter House, Putney Heath, London, Greater London SW15 3SX	-	-	2	Flat
£239K	09/21	0.72 mi	Flat 14, Denmead House, Highcliffe Drive, London, Greater London SW15 4PS	-	-	2	Flat
£475K	12/20	0.74 mi	65, Selhurst Close, London, Greater London SW19 6AY	£8,482	56	2	Flat
£420K	02/21	0.74 mi	87, Selhurst Close, London, Greater London SW19 6AY	£7,060	59	2	Flat
£452K	03/21	0.74 mi	30, Selhurst Close, London, Greater London SW19 6AZ	£7,764	58	2	Flat
£525K	04/23	0.74 mi	30, Selhurst Close, London, Greater London SW19 6AZ	£9,017	58	2	Flat
£350K	10/23	0.74 mi	Flat 5, Bisley House, Wimbledon Park Side, London, Greater London SW19 5NW	-	-	2	Flat
£601.3K	03/23	0.76 mi	92, Chapman Square, London, Greater London SW19 5QW	-	-	2	Flat
£735K	01/24	0.77 mi	73, Chapman Square, London, Greater London SW19 5QU	£7,989	92	2	Flat
£740K	03/23	0.77 mi	70, Chapman Square, London, Greater London SW19 5QU	£7,708	96	2	Flat
£240K	02/21	0.78 mi	Flat 11, Allenford House, Tunworth Crescent, London, Greater London SW15 4PG	-	-	2	Flat
£380K	02/23	0.79 mi	Flat 16, Greenfield House, Tilford Gardens, London, Greater London SW19 6DN	-	-	2	Flat
£390K	11/23	0.8 mi	80, Hayward Gardens, London, Greater London SW15 3BZ	£6,190	63	2	Flat
£190.8K	08/23	0.8 mi	Flat 7, Douglas House, Toland Square, London, Greater London SW15 5PG	£3,289	58	2	Flat
£425K	10/21	0.82 mi	Flat 10, Turner Lodge, Windlesham Grove, London, Greater London SW19 6AG	-	-	2	Flat
£370K	09/23	0.82 mi	Flat 2, Hamilton House, Toland Square, London, Greater London SW15 5PQ	-	-	2	Flat
£370K	05/23	0.83 mi	13, Holly Tree Close, London, Greater London SW19 6EA	£5,522	67	2	Flat
£367.5K	11/20	0.84 mi	177, Hayward Gardens, London, Greater London SW15 3BX	£5,742	64	2	Flat
£395K	01/21	0.85 mi	Flat 18, Oakman House, Tilford Gardens, London, Greater London SW19 6EP	-	-	2	Flat
£621K	04/21	0.87 mi	41, Southlands Drive, London, Greater London SW19 5QH	-	-	2	Flat
£621K	04/21	0.88 mi	41, Southlands Drive, London, Greater London SW19 5QH	-	-	2	Flat
£460K	06/21	0.89 mi	Flat 9, Stephen Court, Victoria Drive, London, Greater London SW19 6BD	-	-	2	Flat
£370K	08/23	0.9 mi	Flat 21, Radley Lodge, Inner Park Road, London, Greater London SW19 6DG	-	-	2	Flat
£290K	05/21	0.9 mi	85, Swanton Gardens, London, Greater London SW19 6BL	-	-	2	Flat
£340K	02/23	0.91 mi	Flat 7, Doradus Court, Augustus Road, London, Greater London SW19 6EX	-	-	2	Flat
£450K	06/23	0.91 mi	Flat 3, Marsham Court, Victoria Drive, London, Greater London SW19 6BB	-	-	2	Flat
£365K	03/23	0.92 mi	83, Glen Albyn Road, London, Greater London SW19 6HB	-	-	2	Flat
£330K	12/20	0.94 mi	16, Thursley Gardens, London, Greater London SW19 6JT	£5,593	59	2	Flat
£390.1K	11/20	0.96 mi	6, Vandyke Close, London, Greater London SW15 3JQ	£6,002	65	2	Flat
£400K	11/23	0.99 mi	Flat 8, White Court, West Hill, London, Greater London SW15 3JB	-	-	2	Flat
£445K	12/20	0.99 mi	31, Burghley Hall Close, London, Greater London SW19 6TN	£5,427	82	2	Flat
£610K	02/24	0.99 mi	Armstrong House, Flat 3, Manor Fields, London, Greater London SW15 3NF	£6,630	92	2	Flat

Local Rents

21 rents from £1.6K/mo to £3.3K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,000	09/24	0.1 mi	-	2	Flat
£1,875	03/25	0.16 mi	-	2	Flat
£2,250	09/24	0.27 mi	Roehampton Lane, Roehampton, London, SW15	2	Flat
£1,700	12/24	0.29 mi	-	2	Flat
£2,250	03/25	0.3 mi	-	2	Flat
£2,400	03/25	0.31 mi	-	2	Flat
£2,250	02/24	0.31 mi	-	2	Flat
£2,250	03/25	0.31 mi	-	2	Flat
£2,400	02/25	0.31 mi	-	2	Flat
£2,500	09/24	0.35 mi	Medfield Street, London	2	Terraced House
£1,800	09/24	0.35 mi	Medfield Street, LONDON	2	Flat
£3,250	02/25	0.35 mi	-	2	Flat
£2,750	03/25	0.35 mi	-	2	Flat
£2,550	09/24	0.45 mi	Umbria Street, Putney, London, SW15	2	Flat
£2,150	03/25	0.52 mi	-	2	Flat
£1,750	09/24	0.52 mi	Redenham House, Tangley Grove, Roehampton	2	Flat
£1,695	09/24	0.52 mi	Frensham Drive, Putney Vale, SW15	2	Flat
£2,200	03/25	0.56 mi	-	2	Flat
£2,900	09/24	0.56 mi	Queen mary's House, SW15	2	Flat
£1,650	09/24	0.6 mi	Innes Gardens, Putney	2	Flat
£1,750	09/24	0.61 mi	-	2	Flat

Local Area Statistics

Population in SW15	60,34460,344
Population in London	4,771,9214,771,921
Town centre distance	8.11 miles away8.11 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.41 miles away1.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-15%-15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+2%+2%

Property History

Listed for £280,000

November 5, 2024

Sold for £171,000

2013

Floor Plans

Description

Welcome to this two-bedroom first floor apartment at in Cadnam Point, set back in a quaint location in Dilton Gardens. While the property requires some updating, it offers a fantastic opportunity to create your ideal home.
Upon entering, you’ll find a separate fully fitted kitchen, perfect for culinary enthusiasts. The spacious living room features large windows that allow natural light to flood the space, leading to a delightful balcony that overlooks a picturesque, tree-lined communal green—an ideal spot for relaxing or entertaining. This apartment is conveniently situated near Richmond Park, providing ample opportunities for outdoor activities and leisurely strolls. Additionally, local bus routes to Putney and beyond ensure easy access to a variety of shops and amenities.
With its potential and prime location, this apartment is a perfect canvas for those looking to invest in their next home. Don’t miss out on the chance to make it your own. CHAIN FREE

Agent Details

Eden Homes, Putney

020 3834 8348

Next Steps?

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

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