3 Bed Flat, Single Let, London, SW15 3AF, £415,000

Cortis Road, London, SW15 3AF - 1 views - 5 months ago

Leasehold
BTL
ROI: 4%
~81 m²
+15 photos

ValuationUndervalued

Sold Prices£315K - £2.0M
Sold Prices/m²£4K/m² - £13.2K/m²

 

 

Square Metres

~81.29 m²
Price/m²£5.1K/m²

Value Estimate

£435,159
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£103,750

Stamp Duty & Legal Fees

£30,200

Total Cash In

£133,950

 

 

Cash Out

 

Rent Range

£2,100 - £5,500

Rent Estimate

£2,263

Running Costs/mo

£1,769

Cashflow/mo

£494

Cashflow/yr

£5,922

ROI

4%

Gross Yield

7%

Local Sold Prices

41 sold prices from £315K to £2.0M, average is £575K. £4K/m² to £13.2K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£365K04/230.12 mi12, Innes Gardens, London, Greater London SW15 3AB3
£615K06/230.18 miFlat 88, Exeter House, Putney Heath, London, Greater London SW15 3TQ3
£378.4K11/200.24 mi76, Carslake Road, London, Greater London SW15 3DP3
£855K01/210.33 mi25c, Larpent Avenue, London, Greater London SW15 6UU3
£522.5K03/210.38 miFlat 5, Wharncliffe House, Whitnell Way, London, Greater London SW15 6BX3
£370K04/230.41 miFlat 10, Hartley House, Toland Square, London, Greater London SW15 5PD3
£750K06/210.42 miFlat 31, Bede House, Manor Fields, London, Greater London SW15 3LT3
£705K03/230.43 miFlat 2, Selwyn House, Manor Fields, London, Greater London SW15 3LR3
£840K02/240.43 miSelwyn House, Flat 4, Manor Fields, London, Greater London SW15 3LR3
£670K11/210.45 miFlat 68, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TX3
£712K03/210.46 miFlat 21, Wildcroft Manor, Wildcroft Road, London, Greater London SW15 3TS3
£655K12/210.49 miFlat 16, Magdalene House, Manor Fields, London, Greater London SW15 3LU3
£772.5K10/210.5 miFlat 105, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TY3
£785K10/230.51 miFlat 16, Somerville House, Manor Fields, London, Greater London SW15 3LX3
£345K05/230.57 miFlat 6, Devereux House, Aubyn Square, London, Greater London SW15 5NP3
£665K06/230.58 miFlat 10, West Point, Putney Hill, London, Greater London SW15 6RU3
£315K08/230.58 mi52, Ibsley Gardens, London, Greater London SW15 4JN3
£360K02/230.59 mi44, Ibsley Gardens, London, Greater London SW15 4JN3
£385K12/200.6 miFlat 2, Bonner House, Aubyn Square, London, Greater London SW15 5NR3
£580K09/230.67 miFlat, 8, Roehampton Close, London, Greater London SW15 5LU3
£380K06/230.68 mi17, Stoughton Close, London, Greater London SW15 4LS3
£580K07/230.69 miFlat, 9, Mere Close, London, Greater London SW15 3HX3
£640K06/210.7 mi5, Nursery Close, London, Greater London SW15 6AS3
£390K09/230.7 mi44, Castlecombe Drive, London, Greater London SW19 6RU3
£1.1M01/210.71 miFlat 31, Fairacres, Roehampton Lane, London, Greater London SW15 5LX3
£320K09/210.71 mi140, Ibsley Gardens, London, Greater London SW15 4NG3
£380K05/210.73 miFlat 6, Gosport House, Bessborough Road, London, Greater London SW15 4BW3
£345K12/200.76 mi108, Sherfield Gardens, London, Greater London SW15 4PR3
£388K12/200.77 mi156, Castlecombe Drive, London, Greater London SW19 6RS3
£608K02/230.77 miFlat 72, March Court, Warwick Drive, London, Greater London SW15 6LD3
£425K08/230.81 mi2, Wainford Close, London, Greater London SW19 6BH3
£440.5K06/210.84 mi44, Evenwood Close, London, Greater London SW15 2DA3
£575K11/200.87 miFlat 22, Cressy House, Queens Ride, London, Greater London SW13 0HZ3
£550K04/230.87 mi20, Holly Tree Close, London, Greater London SW19 6EA3
£740K06/210.88 mi26a, Quill Lane, London, Greater London SW15 1PD3
£481K02/230.91 mi5, Swanton Gardens, London, Greater London SW19 6BN3
£850K09/230.94 mi56a, Disraeli Road, Putney, London, Greater London SW15 2DS3
£413K07/230.94 mi69, Skeena Hill, London, Greater London SW18 5PW3
£750K09/210.96 mi205, Felsham Road, London, Greater London SW15 1BD3
£410K02/230.97 mi18, Arnal Crescent, London, Greater London SW18 5PX3
£2.0M07/230.98 miFlat F105, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG3

Local Rents

35 rents from £2.1K/mo to £5.5K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£2,30009/240.04 miCortis Road, London, SW153
£2,65009/240.11 mi-3
£2,80009/240.19 mi-3
£2,80009/240.19 mi-3
£5,50003/250.19 mi-3
£3,00012/240.21 mi-3
£2,20003/250.24 mi-3
£2,69511/240.26 mi-3
£2,75003/250.41 mi-3
£2,95009/240.42 miVitali Close, London, SW153
£2,95009/240.42 mi-3
£3,25002/250.42 mi-3
£2,75009/240.42 miManor Fields Putney SW153
£2,60009/240.42 miHutton Mews, Putney3
£3,00009/240.42 miBede House, Manor Fields Putney Hill, Putney3
£3,00003/250.44 mi-3
£2,50009/240.48 miGlenalmond House, Manor Fields, Putney3
£3,00002/250.5 mi-3
£3,00009/240.51 mi-3
£2,60009/240.54 miHarbridge Avenue, Roehampton3
£2,70009/240.57 miWestleigh Avenue, London3
£2,60009/240.57 miPutney Heath Lane, Putney3
£5,00012/240.58 mi-3
£3,65011/240.59 mi-3
£3,65010/240.59 mi-3
£3,25002/250.59 mi-3
£3,25002/250.59 mi-3
£3,20009/240.59 miPutney Hill, London, SW153
£3,20009/240.59 mi-3
£3,45009/240.6 mi-3
£2,99501/250.6 mi-3
£2,99503/250.6 mi-3
£3,40009/240.6 miRoss Court, London, SW153
£2,10009/240.6 mi-3
£2,20009/240.61 mi-3

Local Area Statistics

Population in SW15

60,344

Population in London

4,771,921

Town centre distance

7.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+2%

Property History

Price changed to £415,000

February 8, 2025

Price changed to £425,000

December 18, 2024

Listed for £450,000

November 7, 2024

Floor Plans

Description

  • Three bedroom apartment +
  • Private balcony +
  • Close to amenities +
  • Close to transport links +

A substantial three-bedroom apartment ideally positioned on the first and second floor of a well-regarded block within easy reach of Putney High Street, Putney Heath and local amenities.

The property enjoys an excellent arrangement of space and plenty of natural light offering ample scope for refurbishment to taste. The principal rooms are accessed from a spacious hallway and briefly comprise a generous reception room with direct access onto the balcony, separate kitchen, three bedrooms, a family bathroom and separate WC.

Agent Details

Stirling Ackroyd Sales, Putney

020 3872 3469

Next Steps?

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