2 Bed Flat, Single Let, London, SW16 2EW, £350,000

Beechcroft Close, Valley Road, London, SW16 2EW - 2 views - 5 months ago

Leasehold

BTL

ROI: 1%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£150K - £761.5K
Sold Prices/m²	£2.7K/m² - £9.8K/m²

Square Metres	~68.11 m²
Price/m²	£5.1K/m²
Value Estimate	£378,721£378,721
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,500£87,500
Stamp Duty & Legal Fees	£16,700£16,700
Total Cash In	£104,200£104,200

Cash Out
Rent Range	£1,350 - £3,995£1,350 - £3,995
Rent Estimate	£1,500
Running Costs/mo	£1,414£1,414
Cashflow/mo	£86£86
Cashflow/yr	£1,035£1,035
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £150K to £761.5K, average is £325K. £2.7K/m² to £9.8K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£307.4K	06/21	0.15 mi	17, Averil Grove, London, Greater London SW16 3ET	£5,912	52	2	Flat
£295K	07/21	0.19 mi	Flat 13, Fern Lodge, Crown Lane, London, Greater London SW16 3HY	-	-	2	Flat
£325K	12/20	0.22 mi	Flat 10, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE	-	-	2	Flat
£307K	07/23	0.22 mi	Flat 1, Laburnham Court, Leigham Court Road, Streatham, London, Greater London SW16 3RE	-	-	2	Flat
£300K	08/23	0.26 mi	Flat 6, Blackthorn Court, Leigham Court Road, Streatham, London, Greater London SW16 3QZ	£4,688	64	2	Flat
£315K	06/21	0.3 mi	Flat 13, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN	£5,339	59	2	Flat
£320K	03/23	0.3 mi	Flat 28, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QN	£5,517	58	2	Flat
£353K	07/21	0.34 mi	48, Queen Mary Road, Upper Norwood, London, Greater London SE19 3NW	£6,086	58	2	Flat
£315K	03/21	0.35 mi	Flat 64, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW	-	-	2	Flat
£297K	03/21	0.35 mi	Flat 51, Benhurst Court, Leigham Court Road, Streatham, London, Greater London SW16 2QW	-	-	2	Flat
£310K	11/22	0.36 mi	Flat 5, Cedars House, Cedar Tree Grove, London, Greater London SE27 0QD	-	-	2	Flat
£340K	01/21	0.37 mi	Flat 10, Cork Tree House, Lakeview Road, London, Greater London SE27 0QE	£6,538	52	2	Flat
£198.5K	01/21	0.39 mi	27, Leaf Grove, London, Greater London SE27 0SG	-	-	2	Flat
£350K	12/20	0.39 mi	5, Leaf Grove, London, Greater London SE27 0SG	£5,147	68	2	Flat
£150K	05/23	0.39 mi	216, Beulah Hill, London, Greater London SE19 3UX	£2,727	55	2	Flat
£360K	06/21	0.41 mi	69, Furneaux Avenue, London, Greater London SE27 0EQ	£5,714	63	2	Flat
£400K	12/22	0.42 mi	First Floor Flat, 169, Knights Hill, London, Greater London SE27 0PZ	-	-	2	Flat
£250.5K	03/23	0.46 mi	91, Marston Way, London, Greater London SE19 3JD	-	-	2	Flat
£510K	10/20	0.46 mi	122, Casewick Road, London, Greater London SE27 0SZ	£6,296	81	2	Flat
£480K	05/21	0.46 mi	148, Casewick Road, London, Greater London SE27 0SZ	£6,667	72	2	Flat
£400K	06/23	0.48 mi	Flat E, 106, Thornlaw Road, London, Greater London SE27 0SB	-	-	2	Flat
£332.5K	03/23	0.5 mi	14, Fawcett Close, London, Greater London SW16 2QJ	£6,234	53	2	Flat
£325K	01/21	0.5 mi	17, Fawcett Close, London, Greater London SW16 2QJ	£6,132	53	2	Flat
£270K	05/23	0.5 mi	7, Fawcett Close, London, Greater London SW16 2QJ	£5,094	53	2	Flat
£325K	07/23	0.5 mi	22, Fawcett Close, London, Greater London SW16 2QJ	£5,603	58	2	Flat
£380K	12/22	0.5 mi	143b, Knights Hill, London, Greater London SE27 0SP	£5,067	75	2	Flat
£452K	11/20	0.5 mi	147b, Knights Hill, London, Greater London SE27 0SP	£6,551	69	2	Flat
£475K	10/20	0.5 mi	147a, Knights Hill, London, Greater London SE27 0SP	£6,786	70	2	Flat
£550K	03/23	0.51 mi	66, Braxted Park, London, Greater London SW16 3AU	-	-	2	Flat
£761.5K	05/21	0.53 mi	29, Streatham Common North, London, Greater London SW16 3HP	£4,775	159	2	Flat
£317.8K	11/20	0.53 mi	19, Deerhurst Road, London, Greater London SW16 2AN	-	-	2	Flat
£515K	01/21	0.54 mi	154a, Knights Hill, London, Greater London SE27 0SR	-	-	2	Flat
£487.5K	11/20	0.55 mi	66, Casewick Road, London, Greater London SE27 0SY	£6,406	76	2	Flat
£310K	03/21	0.56 mi	Flat 11, Longmead House, Woodvale Walk, London, Greater London SE27 0HE	-	-	2	Flat
£400K	02/21	0.61 mi	Flat B, 18, Baldry Gardens, London, Greater London SW16 3DJ	£9,756	41	2	Flat
£270K	02/23	0.62 mi	7, Founders Gardens, Upper Norwood, London, Greater London SE19 3UU	-	-	2	Flat
£300K	02/21	0.64 mi	Flat 14, South View Court, The Woodlands, London, Greater London SE19 3EJ	-	-	2	Flat
£364.3K	08/21	0.65 mi	25a, Oakdale Road, London, Greater London SW16 2HJ	£6,193	59	2	Flat
£520K	06/21	0.65 mi	25, St Julians Farm Road, London, Greater London SE27 0RJ	£6,933	75	2	Flat
£305K	11/21	0.65 mi	68, The Woodlands, London, Greater London SE19 3EH	£5,169	59	2	Flat
£305K	11/21	0.65 mi	68, The Woodlands, London, Greater London SE19 3EH	£5,169	59	2	Flat
£385K	01/21	0.67 mi	4a, Hermitage Road, London, Greater London SE19 3QR	£4,278	90	2	Flat
£426K	11/20	0.68 mi	Flat 8, Newlands Court, Streatham Common North, London, Greater London SW16 3HH	-	-	2	Flat
£328K	07/23	0.69 mi	367a, Streatham High Road, London, Greater London SW16 3NY	£5,290	62	2	Flat
£425K	07/23	0.69 mi	138, Wellfield Road, Streatham, London, Greater London SW16 2BU	£7,870	54	2	Flat
£282.5K	11/21	0.7 mi	Flat B, 79, Thurlestone Road, London, Greater London SE27 0PE	£3,979	71	2	Flat
£290K	04/21	0.71 mi	98, Priory Crescent, London, Greater London SE19 3EF	£4,833	60	2	Flat
£455K	06/21	0.71 mi	55, Thurlestone Road, London, Greater London SE27 0PE	-	-	2	Flat
£265K	03/23	0.72 mi	28, Priory Crescent, London, Greater London SE19 3EE	£4,818	55	2	Flat
£300K	11/22	0.72 mi	62a, Wolfington Road, London, Greater London SE27 0RQ	£3,717	81	2	Flat

Local Rents

49 rents from £1.4K/mo to £4K/mo, average is £1.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,275	09/24	0.13 mi	CROWN LANE, Streatham Common, London, SW16	2	Flat
£2,600	02/25	0.16 mi	-	2	Flat
£2,600	01/25	0.16 mi	-	2	Flat
£1,550	09/24	0.18 mi	-	2	Flat
£1,750	08/24	0.18 mi	-	2	Flat
£1,970	03/25	0.19 mi	-	2	Flat
£1,750	09/24	0.21 mi	-	2	Flat
£1,800	04/25	0.21 mi	-	2	Flat
£1,500	08/24	0.22 mi	-	2	Flat
£1,500	08/24	0.22 mi	Beulah Hill, London, SE19	2	Flat
£1,800	11/24	0.27 mi	-	2	Detached House
£1,750	10/24	0.28 mi	-	2	Flat
£1,800	04/25	0.29 mi	-	2	Flat
£1,800	09/24	0.3 mi	Leigham Court Road, Streatham, London, SW16	2	Flat
£1,950	09/24	0.3 mi	Benhurst Court, Streatham, London, SW16	2	Flat
£2,200	02/25	0.3 mi	-	2	Flat
£1,900	04/25	0.3 mi	-	2	Flat
£1,750	09/24	0.3 mi	-	2	Flat
£1,850	09/24	0.3 mi	-	2	Flat
£1,850	12/24	0.3 mi	-	2	Flat
£1,850	04/25	0.31 mi	-	2	Flat
£1,500	02/25	0.32 mi	-	2	Flat
£1,395	04/25	0.32 mi	-	2	Flat
£1,750	08/24	0.33 mi	Queen Mary Road, London, SE19	2	Flat
£1,900	01/25	0.33 mi	-	2	Flat
£1,700	04/25	0.33 mi	-	2	Flat
£1,850	08/24	0.34 mi	Cedar Tree Grove, SE27	2	Flat
£1,650	04/25	0.34 mi	-	2	Flat
£1,395	02/24	0.35 mi	-	2	Flat
£1,800	08/24	0.37 mi	Beulah Hill	2	Flat
£2,100	08/24	0.37 mi	Beulah Hill, LONDON	2	Flat
£2,200	09/24	0.37 mi	-	2	Terraced House
£2,200	09/24	0.37 mi	Henry Tate Mews, London, SW16	2	Terraced House
£1,900	08/24	0.38 mi	Cedar Tree Grove, London	2	Flat
£1,650	04/25	0.39 mi	-	2	Flat
£1,900	03/25	0.4 mi	-	2	Flat
£2,150	03/25	0.4 mi	-	2	Semi-Detached House
£2,150	04/25	0.4 mi	-	2	Semi-Detached House
£2,150	04/25	0.4 mi	-	2	Semi-Detached House
£1,800	09/24	0.45 mi	Hill House Road, London, SW16	2	Flat
£2,600	09/24	0.47 mi	Hill House Road, Streatham	2	Flat
£1,550	04/25	0.48 mi	-	2	Flat
£1,350	10/24	0.49 mi	-	2	Flat
£2,400	09/24	0.5 mi	-	2	Flat
£1,895	08/24	0.5 mi	Thornlaw Road	2	Flat
£2,000	08/24	0.5 mi	Knights Hill London SE27	2	Flat
£3,995	08/24	0.5 mi	-	2	Semi-Detached House
£1,850	11/24	0.51 mi	-	2	Flat
£2,100	10/24	0.51 mi	-	2	Bungalow

Local Area Statistics

Population in SW16	81,54381,543
Population in London	4,771,9214,771,921
Town centre distance	7.42 miles away7.42 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.95 miles away0.95 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+16%+16%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £350,000

November 19, 2024

Floor Plans

Description

Two bedrooms (one spacious master with fitted wardrobes) +
Modern white bathroom suite +
Separate fitted kitchen with appliances +
Bright and airy reception room +
Juliet balcony +
Communal gardens +
Convenient location for local shops, bars, and restaurants +
Nearby leisure facilities including the Streatham Leisure Centre and Ice Rink +
Access to Streatham Common and The Rookery Gardens +

A well-proportioned two-bedroom flat situated in Beechcroft Close, centrally located on Valley Road, Streatham. This property offers spacious living and an abundance of natural light throughout.

The larger master bedroom features fitted wardrobes, while the second bedroom provides ample versatility as a guest room, home office, or study. The separate fitted kitchen includes all the usual appliances, making it ideal for modern living, and there is a bright, generous-sized reception room with a Juliet balcony. The property includes a contemporary white bathroom suite with a shower over the bath. Externally, Beechcroft Close offers a communal green space, perfect for relaxation.

Located within easy reach of a variety of amenities including shops, bars, pubs, and restaurants, this flat is conveniently positioned for Streatham and Streatham Common stations, providing excellent commuting options to the City and West End. The nearby Streatham Leisure Centre and Ice Rink, as well as the picturesque Streatham Common and The Rookery Gardens, are just a short walk away, offering abundant opportunities for recreation and leisure.

Agent Details

Winkworth, Streatham

020 3870 2896

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Auction

5 Bed House, Single Let, London, SW16 3EX

£900,000

14 days ago • 169 m²

Under Offer

3 Bed House, Single Let, London, SW16 3EP

£685,000

a year ago • 93 m²

3 Bed Flat, Single Let, London, SW16 3EJ

£575,000

10 months ago • 93 m²

Sold STC

3 Bed House, Single Let, London, SW16 3ER

£500,000

5 months ago • 86 m²