2 Bed Flat, Single Let, London, SW2 5RS, £650,000

Acre Lane, SW2 5RS - 5 views - 5 months ago

Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£145K - £810K
Sold Prices/m²£5.1K/m² - £13.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9.5K/m²

Value Estimate

£611,309

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Total Cash In

£203,200

 

 

Cash Out

 

Rent Range

£1,700 - £3,500

Rent Estimate

£1,800

Running Costs/mo

£2,411

Cashflow/mo

£-611

Cashflow/yr

£-7,335

Gross Yield

3%

Local Sold Prices

50 sold prices from £145K to £810K, average is £547.5K. £5.1K/m² to £13.4K/m², average is £9K/m².

PriceDateDistanceAddressBeds 
£500K02/230.07 miFlat 6, Marie Lloyd Court, Brighton Terrace, London, Greater London SW9 8DL2
£425.5K10/210.1 miFlat 63, Arlington Lodge, Brixton Hill, London, Greater London SW2 1RE2
£618K11/230.14 miFlat 9, Glasbury House, Ferndale Road, London, Greater London SW9 8AY2
£410K11/200.14 miFlat 44, Effra Court, Brixton Hill, London, Greater London SW2 1RB2
£405K04/230.18 mi83, St Matthews Road, London, Greater London SW2 1NE2
£625K02/210.19 mi14, Beverstone Road, London, Greater London SW2 5AN2
£600K06/230.19 mi50, Santley Street, London, Greater London SW4 7QD2
£540K12/200.2 mi22, Mervan Road, London, Greater London SW2 1DT2
£510K03/210.22 mi76, Acre Lane, London, Greater London SW2 5QN2
£475K03/230.22 miFlat 13, Connaught Mansions, Coldharbour Lane, London, Greater London SW9 8LE2
£290K05/230.22 mi41, Saltoun Road, London, Greater London SW2 1EW2
£590K06/210.23 miA, 42, Kellett Road, London, Greater London SW2 1ED2
£596K07/230.23 mi30a, Raeburn Street, London, Greater London SW2 5QU2
£810K04/210.23 mi11a, Hayter Road, London, Greater London SW2 5AR2
£608K02/210.23 mi39a, Kellett Road, London, Greater London SW2 1EA2
£450K11/200.23 miFlat B, 69, Kellett Road, London, Greater London SW2 1EA2
£705K01/210.24 mi29a, Dalberg Road, London, Greater London SW2 1AJ2
£625K02/210.24 mi19b, Dalberg Road, London, Greater London SW2 1AJ2
£435K06/210.25 miFlat 111, Brixton Hill Court, Brixton Hill, London, Greater London SW2 1QZ2
£435K11/200.25 miFirst Floor Flat, 71, Ballater Road, London, Greater London SW2 5QX2
£640K12/200.27 mi72a, Ballater Road, London, Greater London SW2 5QP2
£430K06/210.27 miTop Floor Flat, 30, Pulross Road, London, Greater London SW9 8AF2
£610K09/230.29 mi122a, Ferndale Road, London, Greater London SW4 7SA2
£720K01/230.29 mi128, Ferndale Road, London, Greater London SW4 7SA2
£559.5K03/210.3 mi131a, Ferndale Road, London, Greater London SW4 7RN2
£606.2K02/210.3 miFlat A, 41, Rattray Road, London, Greater London SW2 1BA2
£635K12/200.3 mi10a, Sudbourne Road, London, Greater London SW2 5AQ2
£575K06/210.31 miFlat 4, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£575K04/230.31 miFlat 6, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£555K06/210.31 mi99, Sandmere Road, London, Greater London SW4 7PX2
£710K04/210.31 mi37, Corrance Road, London, Greater London SW2 5RD2
£500K03/210.31 miFirst Floor Flat, 41, Gateley Road, London, Greater London SW9 9TA2
£650K02/210.32 miFlat 16, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£425K06/210.33 miFlat 40, Brockwell Court, Effra Road, London, Greater London SW2 1NA2
£580K06/230.34 mi108a, Dalberg Road, London, Greater London SW2 1AW2
£540K06/230.34 mi8b, Solon Road, London, Greater London SW2 5UY2
£625K04/230.34 mi96b, Rattray Road, London, Greater London SW2 1BE2
£780K03/210.35 mi32a, Bonham Road, London, Greater London SW2 5HG2
£145K04/210.35 miFirst Floor Flat, 83, Effra Road, London, Greater London SW2 1DE2
£465K02/230.35 miFirst Floor Flat, 9, Chantrey Road, London, Greater London SW9 9TD2
£255K01/210.36 miFlat 27, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ2
£629.8K07/230.37 miFlat A, 37, Trent Road, London, Greater London SW2 5BJ2
£665K07/230.37 miGround Floor Flat, 20, Stansfield Road, London, Greater London SW9 9RZ2
£410K07/230.37 miFirst Floor Flat, 28, Stansfield Road, London, Greater London SW9 9RZ2
£399.9K01/230.37 miFlat 37, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ2
£295K10/230.37 miFlat 33, Chartham Court, Canterbury Crescent, London, Greater London SW9 7PT2
£437K06/210.38 miFirst Floor Flat, 66, Ferndale Road, Clapham, London, Greater London SW4 7SE2
£500K12/200.38 mi44b, Branksome Road, London, Greater London SW2 5JA2
£375K04/210.38 miFlat 12, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XY2
£287K11/200.39 mi341f, Brixton Road, London, Greater London SW9 7DA2

Local Rents

50 rents from £1.7K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,09509/240.04 mi-2
£2,25011/240.08 mi-2
£2,25004/250.1 mi-2
£3,25009/240.1 mi-2
£1,70012/240.11 mi-2
£2,70003/250.11 mi-2
£2,75009/240.11 mi-2
£3,25009/240.11 mi-2
£2,50012/240.11 mi-2
£2,30011/240.11 mi-2
£2,35011/240.11 mi-2
£2,35011/240.11 mi-2
£2,50003/250.11 mi-2
£2,50002/250.11 mi-2
£2,75009/240.11 miBrighton Terrace, London, SW92
£3,25009/240.11 miBrighton Terrace, London, SW92
£1,80009/240.11 mi-2
£2,25012/240.11 mi-2
£3,20009/240.11 miBrighton Terrace, Brixton, SW92
£2,75009/240.11 miBrighton Terrace, Brixton, SW92
£2,20009/240.13 mi-2
£2,10003/250.13 mi-2
£2,19912/240.13 mi-2
£2,59909/240.13 mi-2
£2,19903/250.13 mi-2
£2,30009/240.13 miSaltoun Road, Brixton, SW22
£2,50002/250.14 mi-2
£2,15010/240.14 mi-2
£2,70001/250.14 mi-2
£2,25001/250.14 mi-2
£2,35004/250.14 mi-2
£2,00003/250.14 mi-2
£2,80012/240.15 mi-2
£2,75009/240.16 miSudbourne Road, London, SW22
£2,90002/250.16 mi-2
£2,55012/240.16 mi-2
£2,50011/240.16 mi-2
£2,00009/240.17 mi-2
£2,39609/240.17 miSomerset Place, SW22
£2,15012/240.18 mi-2
£2,50012/240.19 mi-2
£2,20003/250.2 mi-2
£2,29709/240.2 miColdharbour Lane, Sw92
£2,85004/250.2 mi-2
£2,50002/250.21 mi-2
£3,50009/240.21 miAcre Lane, Brixton, London, SW22
£2,30004/250.21 mi-2
£2,38809/240.21 miHayter Road, SW22
£2,80004/250.21 mi-2
£2,10011/240.21 mi-2

Local Area Statistics

Population in SW2

54,204

Population in London

4,771,921

Town centre distance

4.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £650,000

November 7, 2024

Floor Plans

Description

  • Two double bedrooms +
  • Two bathrooms +
  • Art-Deco style secure modern build with great views +
  • Over 825 square feet +
  • High-end finishes +
  • Build warranty +
  • Lift and bike storage +
  • Central location in Brixton +
  • Victoria and Northern Lines +
  • Chain-free +

Keating Estates are proud to present to market an impressive two double bedroom apartment with two bathrooms, peacefully tucked away within a stunning Art-Deco style modern building moments from the heart of Brixton and the Victoria Line.

Full Description - Keating Estates are proud to present to market this impressive two double bedroom apartment with two bathrooms, peacefully tucked away within a stunning Art-Deco style modern building moments from the heart of Brixton. Beautifully presented with high-quality fixtures and fittings, this spectacular apartment benefits from an incredible location minutes from the Victoria line, with the amenities of Brixton and Acre lane on the doorstep, plus Clapham High Street and the Northern Line also within easy reach.

With over 825 square feet of immaculately presented space on offer, this beautiful and secure apartment boasts an appealing open-plan reception room creating a great entertaining space, with high ceilings and parquet flooring, plus the sleekest of modern kitchens complete with integrated appliances and plenty of storage options, including a large cloakroom come pantry. The living area is vast with ample room to relax, host and space for a large dining table. The cherry on the cake is the great views from the reception and bedrooms of the characterful clocktower of Lambeth Town Hall and over the rooftops beyond to the Shard.

Both bedrooms are comfortable doubles, the principal of which is a particularly large yet soothing space with generous built-in wardrobes, dual aspect windows and the luxury of a contemporary en-suite shower room. In keeping with the rest of this appealing home, the family-sized bathroom is fresh and inviting furnished with a soft grey tile, feature lighting and a double ended bath with shower overhead.

This particular home benefits a favourable position within the building, quietly facing away from Acre Lane, nestled in an elevated position on the third floor with inaudible neighbours, high ceilings, fantastic insulation, and double glazed windows throughout for high energy efficiency. This small, sought-after development has just twenty-six privately owned apartments, beautiful communal areas, access to a lift and bike storage. There is also the added benefit of a membership gym with a separate entrance for the residents of Ivor House. Located on the ground floor, the gym is far enough removed from this apartment to ensure a peaceful home whilst providing the huge convenience of a workout spot on the doorstep.

Situated in the heart of Brixton's cultural hub - just around the corner from The Ritzy and Windrush Square. Purchasers will be able to sample the culinary delights of a different nation's cuisine daily in the nearby Brixton Village and POP Brixton. The popular green open spaces of Brockwell Park, along with its popular 1930’s Lido, are also a short stroll. There are excellent transport links on offer with the first stop on the Victoria Line at Brixton station and the Northern Line is accessible within a fifteen-minute walk at Clapham North tube station. The amenities on Clapham High Street with the Overground station are on offer within walking distance, covering the wants and needs of the majority of potential purchasers.

Chain-free.

Agent Details

Keating Estates, Clapham

020 3872 2504

Next Steps?

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