2 Bed Flat, Single Let, London, SW18 2AD, £375,000

Vermont Road, SW18 2AD - 2 views - 5 months ago

Leasehold

BTL

ROI: 3%

~66 m²

+4 photos

ValuationUndervalued

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

Square Metres	~65.50 m²
Price/m²	£5.7K/m²
Value Estimate	£465,000£465,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£119,950£119,950

Cash Out
Rent Range	£1,650 - £3,200£1,650 - £3,200
Rent Estimate	£1,838
Running Costs/mo	£1,559£1,559
Cashflow/mo	£279£279
Cashflow/yr	£3,342£3,342
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £280K to £940K, average is £500K. £4.9K/m² to £10.7K/m², average is £8.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£465K	07/23	0.05 mi	85a, Allfarthing Lane, London, Greater London SW18 2AS	-	-	2	Flat
£390K	01/21	0.06 mi	Flat 11, Swanmore Court, Garton Place, London, Greater London SW18 2AY	-	-	2	Flat
£565K	01/21	0.07 mi	13, Daphne Street, London, Greater London SW18 2BJ	£8,309	68	2	Flat
£601K	03/21	0.08 mi	74, Aslett Street, London, Greater London SW18 2BQ	£7,273	83	2	Flat
£465K	03/21	0.08 mi	11, Delia Street, London, Greater London SW18 2BT	£8,807	53	2	Flat
£465K	03/21	0.08 mi	11, Delia Street, London, Greater London SW18 2BT	£8,807	53	2	Flat
£400K	08/23	0.09 mi	7, Delia Street, London, Greater London SW18 2BT	£7,407	54	2	Flat
£445K	07/23	0.09 mi	7c, Delia Street, London, Greater London SW18 2BT	-	-	2	Flat
£625K	12/20	0.09 mi	107, Aslett Street, London, Greater London SW18 2BG	£9,058	69	2	Flat
£393K	05/24	0.12 mi	Merstone House, Flat 14, Borrodaile Road, London, Greater London SW18 2LF	£6,238	63	2	Flat
£393K	12/23	0.12 mi	Flat 20, Merstone House, Borrodaile Road, London, Greater London SW18 2LF	-	-	2	Flat
£400K	02/21	0.13 mi	Flat 11, Vectis Court, Borrodaile Road, London, Greater London SW18 2LE	-	-	2	Flat
£471.1K	03/21	0.17 mi	9, Berisford Mews, London, Greater London SW18 2LW	£7,247	65	2	Flat
£547K	06/21	0.18 mi	First And Second Floor Flat At, 21, Galesbury Road, London, Greater London SW18 2RL	-	-	2	Flat
£350K	05/23	0.2 mi	8, Shire Place, London, Greater London SW18 3BP	£6,731	52	2	Flat
£621K	10/23	0.2 mi	17, Barmouth Road, London, Greater London SW18 2DT	£9,269	67	2	Flat
£600K	07/23	0.21 mi	4b, Jeypore Road, London, Greater London SW18 2RJ	£7,317	82	2	Flat
£510K	04/21	0.22 mi	3, St Anns Crescent, London, Greater London SW18 2ND	-	-	2	Flat
£530K	06/21	0.23 mi	73, Bassingham Road, London, Greater London SW18 3AF	£8,281	64	2	Flat
£530K	06/21	0.23 mi	73, Bassingham Road, London, Greater London SW18 3AF	£8,281	64	2	Flat
£280K	02/23	0.23 mi	Flat 78, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT	-	-	2	Flat
£400K	10/21	0.24 mi	30, Kimber Road, London, Greater London SW18 4NP	£8,696	46	2	Flat
£635K	03/23	0.25 mi	184a - 184b, St Ann's Hill, London, Greater London SW18 2RT	-	-	2	Flat
£625K	03/23	0.29 mi	First Floor Flat, 93, Twilley Street, London, Greater London SW18 4NW	£10,593	59	2	Flat
£735K	07/23	0.31 mi	92a, Melody Road, London, Greater London SW18 2QG	-	-	2	Flat
£580K	05/23	0.31 mi	76a, Earlsfield Road, London, Greater London SW18 3DN	-	-	2	Flat
£306K	01/21	0.33 mi	Flat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT	-	-	2	Flat
£770K	02/21	0.33 mi	91a, Melody Road, London, Greater London SW18 2QQ	-	-	2	Flat
£500K	08/21	0.37 mi	171, Earlsfield Road, London, Greater London SW18 3DD	-	-	2	Flat
£500K	06/21	0.37 mi	Upper Floor Flat, 193, Earlsfield Road, London, Greater London SW18 3DD	-	-	2	Flat
£627.5K	03/21	0.38 mi	1, Farlton Road, London, Greater London SW18 3BJ	£7,844	80	2	Flat
£434.3K	07/23	0.4 mi	50, Fairfield Drive, London, Greater London SW18 1DL	£6,786	64	2	Flat
£428K	02/21	0.4 mi	135, Merton Road, London, Greater London SW18 5EH	£10,700	40	2	Flat
£510K	09/21	0.42 mi	Flat C, 234, Earlsfield Road, London, Greater London SW18 3DX	£7,391	69	2	Flat
£575K	08/23	0.42 mi	Flat B, 234, Earlsfield Road, London, Greater London SW18 3DX	£8,582	67	2	Flat
£665K	04/23	0.43 mi	29a, Brathway Road, London, Greater London SW18 4BE	-	-	2	Flat
£510K	10/23	0.44 mi	Ground Floor Flat, 20, Camborne Road, London, Greater London SW18 4BJ	£10,408	49	2	Flat
£587.5K	01/21	0.44 mi	43a, Camborne Road, London, Greater London SW18 4BH	-	-	2	Flat
£400K	03/23	0.48 mi	Flat 13, Alexander Court, Wandsworth Common West Side, London, Greater London SW18 2EJ	£5,714	70	2	Flat
£477.5K	03/23	0.49 mi	13b, Alma Road, London, Greater London SW18 1AA	-	-	2	Flat
£460K	02/21	0.5 mi	211, Merton Road, London, Greater London SW18 5EE	£5,913	78	2	Flat
£403.8K	02/21	0.51 mi	29, Morris Gardens, London, Greater London SW18 5HL	£6,266	64	2	Flat
£593K	09/21	0.52 mi	Ground And Basement Floor Flat, 308, Earlsfield Road, London, Greater London SW18 3EH	-	-	2	Flat
£765K	06/21	0.55 mi	24, Ebner Street, London, Greater London SW18 1BT	£10,008	76	2	Flat
£490K	12/21	0.55 mi	3a, Granville Road, London, Greater London SW18 5SB	£4,851	101	2	Flat
£940K	12/21	0.55 mi	27, Granville Road, London, Greater London SW18 5SB	-	-	2	Flat
£325K	06/21	0.56 mi	Second Floor Flat, 76a, Lebanon Gardens, London, Greater London SW18 1RH	-	-	2	Flat
£587.5K	06/21	0.58 mi	50, Balvernie Grove, London, Greater London SW18 5RU	£10,491	56	2	Flat
£430K	02/23	0.58 mi	Flat 21, Tower Court, Frogmore, London, Greater London SW18 1HL	-	-	2	Flat
£450K	11/21	0.58 mi	Ground And First Floor Front Flat, 345, Earlsfield Road, London, Greater London SW18 3DG	-	-	2	Flat

Local Rents

50 rents from £1.6K/mo to £3.2K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,950	03/25	0.02 mi	-	2	Flat
£1,850	09/24	0.04 mi	-	2	Flat
£2,700	03/25	0.05 mi	-	2	Flat
£1,995	09/24	0.06 mi	-	2	Flat
£1,950	11/24	0.07 mi	-	2	Flat
£2,050	09/24	0.07 mi	Crealock Street, London, SW18	2	Flat
£2,300	10/24	0.08 mi	-	2	Flat
£1,995	12/24	0.09 mi	-	2	Flat
£2,000	09/24	0.11 mi	-	2	Flat
£2,700	11/24	0.12 mi	-	2	Flat
£1,925	03/25	0.14 mi	-	2	Flat
£2,200	03/25	0.14 mi	-	2	Flat
£2,380	09/24	0.17 mi	-	2	Flat
£2,400	10/24	0.17 mi	-	2	Flat
£2,300	09/24	0.19 mi	Furmage Street, London	2	Flat
£2,250	09/24	0.19 mi	Berisford Mews, St Ann's Crescent, London, SW18	2	Flat
£2,300	09/24	0.2 mi	Swaffield Road London SW18	2	Flat
£2,200	09/24	0.21 mi	Denton Street, Battersea, SW18	2	Flat
£2,200	02/25	0.21 mi	-	2	Flat
£2,600	10/24	0.22 mi	-	2	Flat
£1,750	09/24	0.22 mi	Marcus Terrace, Wandsworth, London, SW18	2	Flat
£2,200	09/24	0.23 mi	-	2	Flat
£1,650	12/24	0.23 mi	-	2	Flat
£3,000	01/25	0.23 mi	-	2	Flat
£2,950	09/24	0.24 mi	Mapleton Crescent, London	2	Flat
£2,800	03/25	0.24 mi	-	2	Flat
£2,300	09/24	0.24 mi	Argento Tower, Mapleton Road	2	Flat
£3,200	02/25	0.24 mi	-	2	Flat
£2,300	02/25	0.24 mi	-	2	Flat
£2,200	09/24	0.25 mi	-	2	Flat
£2,000	10/24	0.25 mi	-	2	Flat
£1,950	03/25	0.25 mi	-	2	Flat
£2,100	09/24	0.26 mi	Garratt Lane Earlsfield SW18	2	Flat
£2,000	11/24	0.26 mi	-	2	Flat
£2,600	09/24	0.26 mi	Sorting House	2	Flat
£2,995	01/25	0.28 mi	-	2	Flat
£2,250	03/25	0.29 mi	-	2	Flat
£2,325	11/24	0.31 mi	-	2	Flat
£1,900	09/24	0.31 mi	Brathway Road, London, SW18	2	Flat
£2,745	09/24	0.31 mi	-	2	Flat
£2,745	09/24	0.31 mi	Melody Road, London, SW18	2	Flat
£2,400	09/24	0.32 mi	-	2	Flat
£1,900	09/24	0.35 mi	Wandsworth High Street, London, SW18	2	Flat
£2,400	03/25	0.35 mi	-	2	Flat
£2,750	11/24	0.35 mi	-	2	Flat
£2,595	11/24	0.35 mi	-	2	Flat
£2,600	11/24	0.36 mi	-	2	Flat
£2,350	11/24	0.37 mi	-	2	Flat
£3,000	09/24	0.37 mi	-	2	Flat
£2,350	09/24	0.38 mi	Wandsworth Common West Side, London, SW18	2	Flat

Local Area Statistics

Population in SW18	59,80659,806
Population in London	4,771,9214,771,921
Town centre distance	6.36 miles away6.36 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.62 miles away0.62 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+3%+3%

Property History

Price changed to £375,000

February 20, 2025

Listed for £400,000

November 6, 2024

Floor Plans

Description

2 bedrooms +
1 bathroom +
1 reception room +
Balcony +
Off street parking +

OFFERS IN EXCESS OF £375,000

A well-presented 2-bedroom chain-free apartment offered for sale in this fantastic central Wandsworth location with off-street parking. The property offers a large reception/dinning room, kitchen and bathroom servicing two sizeable double bedrooms.

Vermont Road is located near convenient transport links such as Wandsworth Town station and numerous bus routes operating from Garratt Lane and East Hill. The nearby Southside Shopping Centre offers a wide range of shops, restaurants and leisure facilities.

The information contained in these particulars is for general information purposes only. Douglas & Gordon does not provide information or give any warranty with regards to train, tube, tram lines or flight paths. Prospective purchasers or tenants are advised to carry out their own research if they have any concern about train, tube, tram lines or flight paths.

Agent Details

Douglas and Gordon, London

020 3917 0940

Next Steps?

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

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