4 Bed Detached House, Planning Permission, London, SW15 2QW, £1,295,000

Oakhill Road, Putney, SW15 2QW - 4 views - 6 months ago

Planning

~129 m²

+1 photos

ValuationOvervalued

Sold Prices	£740K - £2.4M
Sold Prices/m²	£5.8K/m² - £16.5K/m²

Square Metres	~129.26 m²
Price/m²	£10K/m²
Value Estimate	£1,215,017£1,215,017

End Value (After Refurb)	£1,150,000£1,150,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£323,750£323,750
Stamp Duty & Legal Fees	£110,800£110,800
Refurb Costs	£68,400£68,400
Bridging Loan Interest	£33,994£33,994
Total Cash In	£538,694£538,694

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,150,000£1,150,000
Mortgage (After Refinance)	£862,500£862,500
Mortgage LTV	75%75%
Cash Left In	£538,694£538,694
Equity	£287,500£287,500
Rent Range	£2,450 - £10,500£2,450 - £10,500
Rent Estimate	£4,446
Running Costs/mo	£4,503£4,503
Cashflow/mo	£-57£-57
Cashflow/yr	£-683£-683
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £740K to £2.4M, average is £1.2M. £5.8K/m² to £16.5K/m², average is £10K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£740K	08/23	0.06 mi	42, Ericcson Close, London, Greater London SW18 1SG	-	-	4	Terraced House
£1.3M	01/24	0.08 mi	66, Oakhill Road, London, Greater London SW15 2QP	£10,097	129	4	Terraced House
£875K	04/21	0.09 mi	21, Sudlow Road, London, Greater London SW18 1HP	£6,944	126	4	Terraced House
£1.4M	03/23	0.11 mi	47, Santos Road, London, Greater London SW18 1NT	£10,218	133	4	Semi-Detached House
£1.1M	07/23	0.11 mi	37, Santos Road, London, Greater London SW18 1NT	-	-	4	Semi-Detached House
£1.1M	07/23	0.17 mi	8, Mexfield Road, London, Greater London SW15 2RQ	-	-	4	Terraced House
£1.1M	12/20	0.18 mi	140, Fawe Park Road, London, Greater London SW15 2EQ	£6,774	155	4	Terraced House
£1.3M	09/21	0.18 mi	166, Fawe Park Road, London, Greater London SW15 2EQ	-	-	4	Terraced House
£1.3M	09/23	0.18 mi	152, Fawe Park Road, London, Greater London SW15 2EQ	-	-	4	Terraced House
£1.2M	06/23	0.2 mi	7, Mexfield Road, London, Greater London SW15 2RG	-	-	4	Terraced House
£985K	03/23	0.22 mi	147, Putney Bridge Road, London, Greater London SW15 2PA	£9,037	109	4	Terraced House
£1.1M	11/23	0.23 mi	27, Galveston Road, London, Greater London SW15 2RZ	-	-	4	Terraced House
£1.2M	03/21	0.23 mi	39, Galveston Road, London, Greater London SW15 2RZ	£13,750	88	4	Terraced House
£1.3M	10/21	0.24 mi	43, Oakhill Road, London, Greater London SW15 2QJ	-	-	4	Terraced House
£1.1M	07/23	0.29 mi	25, Merton Road, London, Greater London SW18 5ST	£10,526	100	4	Semi-Detached House
£875K	09/21	0.31 mi	7, Lebanon Gardens, London, Greater London SW18 1RQ	£9,211	95	4	Terraced House
£1.6M	04/21	0.34 mi	70, Lebanon Gardens, London, Greater London SW18 1RH	£7,971	207	4	Semi-Detached House
£1.1M	07/23	0.35 mi	69, Sedleigh Road, London, Greater London SW18 1QE	-	-	4	Terraced House
£1.2M	12/20	0.39 mi	55, Buckhold Road, London, Greater London SW18 4AT	£9,142	134	4	Detached House
£1.2M	02/21	0.4 mi	9, Southfields Road, London, Greater London SW18 1QW	£6,678	177	4	Semi-Detached House
£1.3M	06/21	0.4 mi	18, Valonia Gardens, London, Greater London SW18 1PY	£5,768	228	4	Semi-Detached House
£1.3M	04/21	0.42 mi	13, Bective Road, London, Greater London SW15 2QA	£10,039	127	4	Terraced House
£1.2M	07/23	0.42 mi	18, Tonsley Street, London, Greater London SW18 1BJ	£8,824	136	4	Terraced House
£1.2M	06/21	0.42 mi	8, Tonsley Street, London, Greater London SW18 1BJ	£8,265	147	4	Terraced House
£900K	02/21	0.43 mi	14, Jephtha Road, London, Greater London SW18 1QH	£7,826	115	4	Terraced House
£1.2M	05/23	0.45 mi	65, Wadham Road, London, Greater London SW15 2LS	£11,116	112	4	Terraced House
£1.0M	07/23	0.45 mi	31, Wadham Road, London, Greater London SW15 2LS	-	-	4	Terraced House
£1.3M	03/21	0.46 mi	25, Tonsley Place, London, Greater London SW18 1BH	£10,680	122	4	Terraced House
£2.3M	04/23	0.48 mi	7, Portinscale Road, London, Greater London SW15 2HR	£10,582	213	4	Detached House
£1.8M	05/23	0.49 mi	84, Disraeli Road, Putney, London, Greater London SW15 2DX	£16,470	108	4	Terraced House
£1.0M	06/23	0.49 mi	130, Disraeli Road, Putney, London, Greater London SW15 2DX	-	-	4	Terraced House
£1.4M	01/23	0.49 mi	22, Ebner Street, London, Greater London SW18 1BT	£10,007	136	4	Terraced House
£1.1M	05/21	0.5 mi	1, Ebner Street, London, Greater London SW18 1BT	£8,036	140	4	Terraced House
£1.5M	06/21	0.51 mi	31, Tonsley Hill, London, Greater London SW18 1BE	-	-	4	Terraced House
£1.3M	07/23	0.51 mi	15, Tonsley Hill, London, Greater London SW18 1BE	£10,207	123	4	Terraced House
£1.2M	03/23	0.51 mi	35, Tonsley Hill, London, Greater London SW18 1BE	-	-	4	Terraced House
£1.2M	10/23	0.51 mi	3, Tonsley Hill, London, Greater London SW18 1BE	£11,449	107	4	Terraced House
£1.3M	05/23	0.51 mi	10, Florian Road, London, Greater London SW15 2NL	£10,121	124	4	Terraced House
£1.1M	06/21	0.51 mi	7, Sulivan Road, London, Greater London SW6 3DT	£8,507	134	4	Terraced House
£1.2M	01/21	0.51 mi	45, Sulivan Road, London, Greater London SW6 3DT	£9,400	125	4	Terraced House
£1.5M	03/23	0.52 mi	32, Tonsley Hill, London, Greater London SW18 1BB	£9,024	169	4	Terraced House
£1.6M	03/23	0.53 mi	19, Sulivan Road, London, Greater London SW6 3DT	£11,992	133	4	Terraced House
£1.3M	09/23	0.55 mi	27, Fullerton Road, London, Greater London SW18 1BU	£11,882	107	4	Terraced House
£1.6M	02/21	0.57 mi	28, Deodar Road, London, Greater London SW15 2NN	£12,391	130	4	Terraced House
£930K	05/21	0.58 mi	15, Strathan Close, London, Greater London SW18 1PW	£9,118	102	4	Terraced House
£2.4M	11/23	0.59 mi	18, Daisy Lane, London, Greater London SW6 3DD	£14,165	170	4	Terraced House
£1.1M	06/21	0.59 mi	25, Gressenhall Road, London, Greater London SW18 1PQ	-	-	4	Semi-Detached House
£1.2M	09/21	0.6 mi	30, Dalby Road, London, Greater London SW18 1AW	-	-	4	Terraced House
£1.4M	04/24	0.6 mi	38, Dalby Road, London, Greater London SW18 1AW	£15,263	91	4	Terraced House
£1.3M	01/24	0.61 mi	8, Dymock Street, Fulham, London, Greater London SW6 3HA	£9,321	140	4	Terraced House

Local Rents

51 rents from £2.5K/mo to £10.5K/mo, average is £3.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,850	09/24	0.09 mi	-	3	Flat
£3,150	04/25	0.09 mi	-	3	Terraced House
£2,850	09/24	0.09 mi	Ericcson Close, London, SW18	3	Flat
£3,700	09/24	0.12 mi	Point Pleasant, Riverside Quarter, SW18	3	Flat
£3,100	10/24	0.14 mi	-	3	Terraced House
£2,950	04/25	0.16 mi	-	4	Flat
£5,500	09/24	0.2 mi	Prospect Quay, 98 Point Pleasant, SW18	3	Flat
£4,000	09/24	0.22 mi	Schubert Road, East Putney, SW15	4	Flat
£2,450	04/25	0.23 mi	-	3	Flat
£2,450	04/25	0.23 mi	-	3	Flat
£10,500	09/24	0.24 mi	Hardwicks Square, LONDON	3	Flat
£3,500	04/25	0.27 mi	-	3	Terraced House
£3,500	09/24	0.29 mi	Gowing House, Ram Quarter, Drapers Yard, SW18	3	Flat
£5,000	09/24	0.29 mi	Buckhold Road, Wandsworth Park, SW18	3	Flat
£3,000	09/24	0.3 mi	Ringford Road, London, SW18	3	Flat
£8,000	09/24	0.3 mi	Oakhill Road, London, SW18	6	Detached House
£8,000	09/24	0.3 mi	Oakhill Road, London, SW15	6	Detached House
£4,000	09/24	0.3 mi	Ringford House, West Hill, SW18	4	Flat
£4,950	09/24	0.3 mi	-	3	Flat
£4,950	09/24	0.3 mi	Copperlight Apartments, London, SW18	3	Flat
£3,680	10/24	0.32 mi	-	3	Flat
£4,750	09/24	0.32 mi	Ringford Road, Putney, London, SW18	4	Terraced House
£3,475	11/24	0.32 mi	-	3	Flat
£3,600	09/24	0.33 mi	Dray House, Ram Quarter, Wandsworth, SW18	3	Flat
£4,000	01/25	0.34 mi	-	4	Flat
£4,500	09/24	0.34 mi	Fawe Park Road, London, SW15	4	Terraced House
£3,200	09/24	0.37 mi	Smugglers Way, London	3	Flat
£5,000	09/24	0.37 mi	Ringford Road, West Hill, London, SW18	5	Flat
£2,900	02/25	0.39 mi	-	3	Flat
£3,250	09/24	0.4 mi	Merton Road, London, SW18	3	Terraced House
£3,250	09/24	0.41 mi	Merton Road, Wandsworth, SW18	3	Detached House
£3,950	01/25	0.42 mi	-	3	Flat
£3,950	01/25	0.42 mi	-	3	Flat
£3,750	02/25	0.42 mi	-	3	Flat
£3,000	04/25	0.42 mi	-	3	Flat
£3,250	09/24	0.42 mi	Merton Road Wandsworth SW18	3	Flat
£3,250	09/24	0.42 mi	Merton Road, Putney, London, SW18	3	Detached House
£2,900	04/25	0.43 mi	-	3	Flat
£4,000	09/24	0.43 mi	Smugglers Way, Wandsworth	3	Flat
£3,200	11/24	0.43 mi	-	3	Flat
£6,000	09/24	0.43 mi	Penthouse, Smugglers Way, SW18 1EX	4	Flat
£3,000	02/25	0.43 mi	-	4	Flat
£2,750	01/25	0.44 mi	-	3	Flat
£4,500	09/24	0.44 mi	New Acres, Wandsworth, SW18	3	Flat
£3,250	04/25	0.47 mi	-	3	Flat
£5,000	09/24	0.47 mi	Smugglers Way , Riverside West	3	Flat
£4,800	10/24	0.48 mi	-	3	Flat
£3,000	01/25	0.49 mi	-	4	Flat
£5,000	09/24	0.5 mi	WEST HILL ROAD, LONDON, SW18, Putney, London, SW18	4	Terraced House
£4,400	09/24	0.5 mi	Compass House, Riverside West	3	Flat
£3,000	09/24	0.5 mi	Winthorpe Road, East Putney	3	Terraced House

Local Area Statistics

Population in SW15	60,34460,344
Population in London	4,771,9214,771,921
Town centre distance	6.21 miles away6.21 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.50 miles away0.50 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 £1,295,000

November 7, 2024

Sold for £620,000

2011

Floor Plans

Description

Detached House +
Development Project +
Four Bedrooms +
Grade II listed +
Planning Granted +

The Old Laundry, an intriguing detached Grade II listed freehold property, holds permission for conversion into a remarkable and distinctive residential dwelling. Wandsworth Council has granted full planning permission for its transformation into a four-bedroom home. Additionally, adjacent to the main building, a separate out-house stands ready to serve as an ensuite bedroom or home office.

Given its current status as a commercial building, the property may not align with the criteria of standard residential lenders. However, the chance to craft and construct your own roughly 2,000sq.ft gated residence in such a splendid location is a rare find. Planning documentation and proposed drawings can be accessed on the council website at or through Dexters in Putney.

Oakhill Road provides a thoroughfare from Upper Richmond Road to Putney Bridge Road. It links East Putney Station at one end to Wandsworth Park at the other. Putney High Street and Rail station are conveniently situated nearby.

Agent Details

Dexters, Putney

020 8789 9999

Next Steps?

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