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

Tulse Hill, Tulse Hill, SW2 3UJ - 5 views - a year ago

Sold STC

BTL

ROI: 4%

~68 m²

ValuationUndervalued

Sold Prices	£123.7K - £1.6M
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	£1,650 - £3,000£1,650 - £3,000
Rent Estimate	£1,700
Running Costs/mo	£1,376£1,376
Cashflow/mo	£324£324
Cashflow/yr	£3,893£3,893
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £123.7K to £1.6M, average is £477.5K. £3K/m² to £13.8K/m², average is £7.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£325K	04/25	0.1 mi	1, Saunders House, Tulse Hill, London SW2 3PJ	£5,603	58	2	Flat
£325K	06/21	0.11 mi	Flat 5, Tebbs House, Upper Tulse Hill, London, Greater London SW2 2PJ	-	-	2	Flat
£495K	03/25	0.13 mi	Flat 4, 31, Trinity Rise, London SW2 2QP	£8,390	59	2	Flat
£525K	01/25	0.14 mi	56, Flat 3, Romola Road, London SE24 9AZ	£8,607	61	2	Flat
£1.6M	11/24	0.18 mi	20, Berwyn Road, London SE24 9BD	£8,177	192	2	Flat
£349K	09/21	0.18 mi	28c, Romola Road, London, Greater London SE24 9AZ	-	-	2	Flat
£636.5K	11/21	0.19 mi	38, Trinity Rise, Tulse Hill, London, Greater London SW2 2QR	£9,360	68	2	Flat
£447K	03/23	0.19 mi	9c, Deerbrook Road, London, Greater London SE24 9BE	£8,278	54	2	Flat
£668.3K	02/25	0.2 mi	26, Ground Floor Flat, Romola Road, London SE24 9AZ	£7,956	84	2	Flat
£490K	06/25	0.21 mi	Flat 3, 22, Romola Road, London SE24 9AZ	-	-	2	Flat
£490K	06/25	0.21 mi	Flat 3, 22, Romola Road, London SE24 9AZ	£4,936	99	2	Flat
£610K	06/21	0.22 mi	30a, Norwood Road, London, Greater London SE24 9BH	-	-	2	Flat
£810K	12/24	0.22 mi	26, Norwood Road, London, Greater London SE24 9BH	£13,844	59	2	Flat
£480K	03/25	0.22 mi	74, Norwood Road, London SE24 9BB	£5,172	93	2	Flat
£480K	03/25	0.22 mi	74, Norwood Road, London SE24 9BB	-	-	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
£123.7K	10/24	0.25 mi	303, Flat 2, Norwood Road, London SE24 9AQ	£8,250	15	2	Flat
£576K	10/24	0.28 mi	219, Ground Floor Flat, Norwood Road, London SE24 9AG	£9,600	60	2	Flat
£480K	08/25	0.31 mi	Flat 4, 18, St Faith's Road, London SE21 8JD	-	-	2	Flat
£675K	02/25	0.31 mi	197, First Floor Flat, Norwood Road, London SE24 9AF	-	-	2	Flat
£475K	08/25	0.31 mi	5, 4 Langthorne Lodge, Charles Haller Street, London SW2 2YN	-	-	2	Flat
£365K	05/25	0.34 mi	Flat B, 13, Thurlow Park Road, London SE21 8JB	-	-	2	Flat
£475K	03/25	0.34 mi	10b, St Faith's Road, London SE21 8JD	-	-	2	Flat
£250K	03/25	0.35 mi	38, 39 Baly House, Palace Road, London SW2 3EG	£3,247	77	2	Flat
£500K	06/21	0.36 mi	Ground Floor Flat, 205, Norwood Road, London, Greater London SE24 9AF	£9,434	53	2	Flat
£415K	03/25	0.36 mi	37 Ducavel House, 2, Palace Road, London SW2 3EB	£5,000	83	2	Flat
£680K	08/21	0.36 mi	2a, Probyn Road, London, Greater London SW2 3LH	-	-	2	Flat
£350K	08/25	0.38 mi	87, Upper Tulse Hill, London SW2 2RA	-	-	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
£515K	03/25	0.42 mi	60 62, Flat 3, Palace Road, London SW2 3NR	£6,959	74	2	Flat
£382.5K	07/25	0.42 mi	100, Palace Road, London SW2 3JZ	-	-	2	Flat
£550K	01/25	0.42 mi	21b, Birkbeck Hill, London SE21 8JS	-	-	2	Flat
£550K	01/25	0.42 mi	21, Ground Floor Flat, Birkbeck Hill, London, Greater London SE21 8JS	£10,000	55	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
£500K	02/25	0.44 mi	3a Harford Court, Flat 4, Palace Road, London SW2 3DY	£7,692	65	2	Flat
£575.5K	11/24	0.45 mi	119 Westmoreland Lodge, 4, Norwood Road, London SE24 9AE	£9,282	62	2	Flat
£435K	03/25	0.46 mi	Flat A, 60, Holmewood Gardens, London SW2 3NB	-	-	2	Flat
£450K	03/25	0.48 mi	51, Thurlow Park Road, London SE21 8JP	-	-	2	Flat
£450K	03/25	0.48 mi	51, Thurlow Park Road, London SE21 8JP	£7,500	60	2	Flat
£360K	11/21	0.48 mi	21c, Elmcourt Road, London, Greater London SE27 9BX	-	-	2	Flat
£408K	08/25	0.49 mi	18, Woodruff House, Tulse Hill, London SW2 2HU	-	-	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
£465K	12/24	0.5 mi	40, Birkbeck Place, London SE21 8JU	-	-	2	Flat
£482.5K	02/25	0.5 mi	2c Pitlochry House, 3, Elmcourt Road, London SE27 9BZ	£7,910	61	2	Flat
£340K	11/22	0.51 mi	Flat 64, Orford Court, Elmcourt Road, London, Greater London SE27 9DB	-	-	2	Flat
£365K	12/24	0.51 mi	Orford Court, 34, Elmcourt Road, London SE27 9DB	£7,935	46	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,850	06/25	0 mi	Tulse Hill, London, SW2	2	Flat
£1,850	06/25	0.01 mi	Tulse Hill, London	2	Flat
£2,000	11/25	0.09 mi	Upper Tulse Hill, London, SW2	2	Flat
£2,000	09/25	0.09 mi	-	2	Flat
£2,600	09/24	0.09 mi	-	2	Flat
£2,600	04/25	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
£1,850	06/25	0.1 mi	-	2	Flat
£3,000	06/25	0.1 mi	Brockwell Park Gardens, Herne Hill, London, SE24	2	Flat
£2,100	06/25	0.1 mi	Trinity Rise, Tulse Hill	2	Flat
£2,000	09/24	0.11 mi	Tebbs House, Tulse Hill	2	Flat
£1,950	10/24	0.11 mi	-	2	Flat
£1,895	09/25	0.11 mi	-	2	Flat
£1,975	08/25	0.11 mi	Saunders House, London, SW2	2	Flat
£3,000	05/25	0.11 mi	-	2	Flat
£2,350	11/25	0.12 mi	Deronda Road, London, SE24	2	Flat
£1,650	09/24	0.13 mi	-	2	Flat
£2,400	10/24	0.13 mi	-	2	Flat
£2,400	11/25	0.13 mi	-	2	Flat
£2,400	10/25	0.13 mi	Deronda Road, London, SE24	2	Flat
£2,550	06/25	0.13 mi	Trinity Rise, London, SW2	2	Flat
£2,100	07/25	0.14 mi	Deronda Road, London, SE24	2	Flat
£2,400	07/25	0.14 mi	Deronda Road, London, SE24	2	Flat
£2,650	06/25	0.15 mi	Deronda Road, London, SE24	2	Flat
£1,800	09/24	0.16 mi	Deronda Road, London, SE24	2	Flat
£2,250	05/25	0.16 mi	-	2	Flat
£1,950	06/25	0.18 mi	Romola Road, Brockwell Park	2	Flat
£1,950	11/25	0.18 mi	Romola Road, Brockwell Park	2	Flat
£1,798	10/25	0.18 mi	Romola Road, SE24	2	Flat
£1,800	08/24	0.19 mi	Romola Road Herne Hill SE24	2	Flat
£1,850	10/25	0.19 mi	Romola Road, Tulse Hill, London, 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
£1,800	08/25	0.21 mi	Norwood road, SE24, Herne Hill, London, SE24	2	Flat
£2,050	09/24	0.21 mi	Churston Close, Tulse Hill London SW2	2	Flat
£1,800	08/25	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
£2,150	07/25	0.22 mi	Norwood Road, SE24	2	Flat
£2,250	05/25	0.22 mi	-	2	Flat
£1,975	07/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,925	08/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,925	08/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,925	09/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,925	09/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,833	09/25	0.22 mi	Tulse Hill, London, SW2	2	Flat
£1,833	10/25	0.22 mi	Tulse Hill, London, SW2	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
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+3%+3%

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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