2 Bed Flat, Single Let, London, SW2 3UJ, £325,000

Tulse Hill, Tulse Hill, SW2 3UJ - 2 views - 4 months ago

Sold STC

BTL

ROI: 4%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£260K - £1.1M
Sold Prices/m²	£3K/m² - £13.8K/m²

Square Metres	~68.11 m²
Price/m²	£4.8K/m²
Value Estimate	£393,250£393,250
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£14,700£14,700
Total Cash In	£95,950£95,950

Cash Out
Rent Range	£1,550 - £3,000£1,550 - £3,000
Rent Estimate	£1,700
Running Costs/mo	£1,376£1,376
Cashflow/mo	£324£324
Cashflow/yr	£3,888£3,888
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £260K to £1.1M, average is £482.5K. £3K/m² to £13.8K/m², average is £8.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£438.5K	12/20	0.1 mi	Ground Floor Flat, 22, Abbots Park, London, Greater London SW2 3QD	-	-	2	Flat
£325K	06/21	0.11 mi	Flat 5, Tebbs House, Upper Tulse Hill, London, Greater London SW2 2PJ	-	-	2	Flat
£725K	04/21	0.14 mi	45a, Deronda Road, London, Greater London SE24 9BQ	-	-	2	Flat
£908K	02/21	0.14 mi	61, Deronda Road, London, Greater London SE24 9BQ	-	-	2	Flat
£349K	09/21	0.18 mi	28c, Romola Road, London, Greater London SE24 9AZ	-	-	2	Flat
£545K	04/21	0.19 mi	28a, Romola Road, London, Greater London SE24 9AZ	£8,036	68	2	Flat
£1.1M	04/21	0.19 mi	20, Berwyn Road, London, Greater London SE24 9BD	£5,911	192	2	Flat
£540K	03/21	0.19 mi	41a, Romola Road, London, Greater London SE24 9BA	-	-	2	Flat
£636.5K	11/21	0.19 mi	38, Trinity Rise, Tulse Hill, London, Greater London SW2 2QR	£9,360	68	2	Flat
£565K	03/21	0.19 mi	9a, Deerbrook Road, London, Greater London SE24 9BE	£9,403	60	2	Flat
£447K	03/23	0.19 mi	9c, Deerbrook Road, London, Greater London SE24 9BE	£8,278	54	2	Flat
£610K	06/21	0.22 mi	30a, Norwood Road, London, Greater London SE24 9BH	-	-	2	Flat
£580K	06/21	0.22 mi	26c, Norwood Road, London, Greater London SE24 9BH	-	-	2	Flat
£425K	03/23	0.23 mi	Ground Floor Flat, 112, Norwood Road, London, Greater London SE24 9BB	£2,972	143	2	Flat
£470K	04/23	0.24 mi	225b, Norwood Road, London, Greater London SE24 9AG	-	-	2	Flat
£354K	02/21	0.25 mi	Flat A, 315, Norwood Road, London, Greater London SE24 9AQ	-	-	2	Flat
£325K	04/21	0.31 mi	18, Peabody Hill, London, Greater London SE21 8LD	£5,328	61	2	Flat
£495K	01/21	0.32 mi	7, St Faiths Road, London, Greater London SE21 8JD	-	-	2	Flat
£510K	04/21	0.35 mi	Ground Floor Flat, 151, Norwood Road, London, Greater London SE24 9AF	£9,623	53	2	Flat
£500K	06/21	0.36 mi	Ground Floor Flat, 205, Norwood Road, London, Greater London SE24 9AF	£9,434	53	2	Flat
£680K	08/21	0.36 mi	2a, Probyn Road, London, Greater London SW2 3LH	-	-	2	Flat
£357.5K	11/20	0.4 mi	15, Roupell Road, London, Greater London SW2 3EL	£5,500	65	2	Flat
£280K	04/23	0.41 mi	Flat 25, Lomley House, Tulse Hill, London, Greater London SW2 2EW	-	-	2	Flat
£335K	07/23	0.41 mi	Flat 12, Lomley House, Tulse Hill, London, Greater London SW2 2EW	-	-	2	Flat
£600K	11/20	0.44 mi	Flat A, 47, Medora Road, London, Greater London SW2 2LW	£12,766	47	2	Flat
£547.5K	07/23	0.44 mi	First Floor Flat, 45, Medora Road, London, Greater London SW2 2LW	-	-	2	Flat
£360K	03/23	0.44 mi	37b, Thurlow Park Road, London, Greater London SE21 8JP	£6,667	54	2	Flat
£499K	10/20	0.46 mi	14a, Maplestead Road, London, Greater London SW2 3LX	£3,642	137	2	Flat
£560K	03/21	0.46 mi	Flat A, 9, Maplestead Road, London, Greater London SW2 3LX	£8,485	66	2	Flat
£417.5K	05/21	0.47 mi	7, Birkbeck Place, London, Greater London SE21 8JU	£8,186	51	2	Flat
£360K	11/21	0.48 mi	21c, Elmcourt Road, London, Greater London SE27 9BX	-	-	2	Flat
£545K	11/20	0.48 mi	33, Thurlow Hill, London, Greater London SE21 8JW	£4,955	110	2	Flat
£525K	02/23	0.49 mi	6, Brading Road, London, Greater London SW2 2AN	£7,609	69	2	Flat
£590K	03/23	0.49 mi	16, Brading Road, London, Greater London SW2 2AN	£11,569	51	2	Flat
£415K	12/20	0.5 mi	8, Thurlow Hill, London, Greater London SE21 8JN	£8,219	50	2	Flat
£340K	11/22	0.51 mi	Flat 64, Orford Court, Elmcourt Road, London, Greater London SE27 9DB	-	-	2	Flat
£526.5K	06/21	0.51 mi	Ground Floor Flat, 9, Cotherstone Road, London, Greater London SW2 3NE	-	-	2	Flat
£550K	03/21	0.52 mi	18b, Elm Park, London, Greater London SW2 2UB	-	-	2	Flat
£260K	05/21	0.52 mi	Flat 93, Purser House, Tulse Hill, London, Greater London SW2 2JB	-	-	2	Flat
£400K	03/23	0.54 mi	Flat 15, William Brown Court, Norwood Road, London, Greater London SE27 9DD	-	-	2	Flat
£360K	03/21	0.54 mi	Flat 18, William Brown Court, Norwood Road, London, Greater London SE27 9DD	-	-	2	Flat
£465K	11/21	0.54 mi	118a, Cricklade Avenue, London, Greater London SW2 3HH	£8,304	56	2	Flat
£447.5K	03/21	0.54 mi	114d, Cricklade Avenue, London, Greater London SW2 3HH	£8,606	52	2	Flat
£295K	09/20	0.56 mi	68g, Thurlow Park Road, London, Greater London SE21 8HZ	£8,429	35	2	Flat
£567.5K	08/23	0.56 mi	261, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£13,841	41	2	Flat
£550K	04/23	0.56 mi	197, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£8,333	66	2	Flat
£415K	04/21	0.57 mi	Flat 216, Pullman Court, Streatham Hill, London, Greater London SW2 4TA	-	-	2	Flat
£365K	02/23	0.57 mi	Flat 11, Elstead House, Redlands Way, London, Greater London SW2 3LT	-	-	2	Flat
£300K	11/20	0.58 mi	Flat 38, Warnham House, Upper Tulse Hill, London, Greater London SW2 2SA	-	-	2	Flat
£580.2K	09/21	0.59 mi	13a, Helix Road, London, Greater London SW2 2JR	-	-	2	Flat

Local Rents

52 rents from £1.6K/mo to £3K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,600	09/24	0.09 mi	-	2	Flat
£2,600	09/24	0.1 mi	Trinity Rise, London, SW2	2	Flat
£2,600	09/24	0.1 mi	-	2	House
£2,000	09/24	0.11 mi	Tebbs House, Tulse Hill	2	Flat
£1,950	10/24	0.11 mi	-	2	Flat
£1,650	09/24	0.13 mi	-	2	Flat
£2,400	10/24	0.13 mi	-	2	Flat
£2,600	08/24	0.15 mi	Deronda Road, London, SE24	2	Flat
£1,800	09/24	0.16 mi	Deronda Road, London, SE24	2	Flat
£2,300	02/25	0.16 mi	-	2	Flat
£1,800	08/24	0.19 mi	Romola Road Herne Hill SE24	2	Flat
£2,595	12/24	0.19 mi	-	2	Flat
£2,200	10/24	0.2 mi	-	2	Flat
£2,000	10/24	0.2 mi	-	2	Flat
£2,150	02/24	0.2 mi	-	2	Flat
£2,050	09/24	0.21 mi	Churston Close, Tulse Hill London SW2	2	Flat
£1,700	09/24	0.21 mi	Norwood Road, Herne Hill, SE24	2	Flat
£1,807	08/24	0.23 mi	Norwood Road, SE24	2	Flat
£1,800	08/24	0.24 mi	Romola Road, Herne Hill	2	Flat
£1,950	08/24	0.24 mi	London, Brixton, Herne Hill, Tulse Hill, West Dulwich, SE24	2	Flat
£1,950	08/24	0.24 mi	-	2	Flat
£1,900	08/24	0.24 mi	Norwood Road, Herne Hill, SE24	2	Flat
£1,600	03/25	0.24 mi	-	2	Flat
£2,000	08/24	0.24 mi	-	2	Flat
£2,000	08/24	0.24 mi	-	2	Flat
£1,700	08/24	0.25 mi	Norwood Road Herne Hill SE24	2	Flat
£1,850	02/24	0.28 mi	-	2	Flat
£2,500	12/24	0.28 mi	-	2	Flat
£2,500	12/24	0.28 mi	-	2	Flat
£2,500	01/25	0.28 mi	-	2	Flat
£2,500	03/25	0.28 mi	-	2	Flat
£2,000	01/25	0.28 mi	-	2	Flat
£1,550	09/24	0.28 mi	-	2	Flat
£1,700	09/24	0.28 mi	-	2	Flat
£1,550	09/24	0.28 mi	-	2	Flat
£1,550	09/24	0.28 mi	-	2	Flat
£1,850	09/24	0.28 mi	Tulse Hill, SW2	2	Flat
£3,000	03/25	0.29 mi	-	2	Flat
£2,000	09/24	0.29 mi	-	2	Flat
£2,600	09/24	0.3 mi	SW2 2RD	2	Flat
£1,603	08/24	0.3 mi	Norwood Road, SE24	2	Flat
£1,800	11/24	0.31 mi	-	2	Flat
£1,800	11/24	0.31 mi	-	2	Flat
£2,200	01/25	0.31 mi	-	2	Flat
£2,250	01/25	0.31 mi	-	2	Flat
£1,850	09/24	0.31 mi	Christchurch Rd, Brixton Hill, London, SW2	2	Flat
£2,200	11/24	0.32 mi	-	2	Terraced House
£2,000	08/24	0.33 mi	Thurlow Park Road, London, SE21 8JB	2	Flat
£1,950	09/24	0.33 mi	-	2	Flat
£1,950	09/24	0.33 mi	Tulse Hill, London	2	Flat
£2,350	09/24	0.34 mi	-	2	Flat
£2,000	12/24	0.34 mi	-	2	Flat

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	5.77 miles away5.77 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.40 miles away0.40 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-1%-1%

Property History

Listed for £325,000

November 14, 2024

Floor Plans

Description

Chain free +
Share of freehold +
Private parking +
Close proximity to Brockwell Park +
Excellent transport links to The City +
EPC rating: TBC +

Oaks Estate Agents is delighted to present this two-bedroom, top-floor apartment in the heart of Tulse Hill, offered to the market with no onward chain.

The property features two bright and spacious double bedrooms, a large lounge, a well-sized separate kitchen, and a modern bathroom suite. Additional benefits include ample storage, a share of freehold, and private off-street parking.

Located just steps from Tulse Hill station, this home is perfect for commuters with direct City access via the City Thameslink to London Blackfriars, London Bridge, and East Croydon. Brixton Underground is the closest tube station, and numerous bus routes offer excellent connectivity to central London.

Beyond fantastic transport links, the property is surrounded by an array of local amenities. Residents can enjoy dining at independent boutiques and popular spots such as Queen of the South and Railway Tavern. The iconic Brockwell Park, with its expansive green spaces, is also within walking distance.

We encourage you to reach out at your earliest convenience to avoid missing this opportunity.

Agent Details

Oaks Estate Agents, Tulse Hill

020 3889 9151

Next Steps?

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

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