2 Bed Flat, Single Let, London, SW2 3UJ, £350,000

Ethelworth Court, Tulse Hill, SW2 3UJ - 3 months ago

BTL
ROI: 2%
~49 m²
+2 photos

ValuationUndervalued

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

 

 

Square Metres

~49.40 m²
Price/m²£7.1K/m²

Value Estimate

£408,975
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,550 - £3,000

Rent Estimate

£1,590

Running Costs/mo

£1,432

Cashflow/mo

£158

Cashflow/yr

£1,899

ROI

2%

Gross Yield

5%

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.

PriceDateDistanceAddressBeds 
£438.5K12/200.1 miGround Floor Flat, 22, Abbots Park, London, Greater London SW2 3QD2
£325K06/210.11 miFlat 5, Tebbs House, Upper Tulse Hill, London, Greater London SW2 2PJ2
£725K04/210.14 mi45a, Deronda Road, London, Greater London SE24 9BQ2
£908K02/210.14 mi61, Deronda Road, London, Greater London SE24 9BQ2
£349K09/210.18 mi28c, Romola Road, London, Greater London SE24 9AZ2
£545K04/210.19 mi28a, Romola Road, London, Greater London SE24 9AZ2
£1.1M04/210.19 mi20, Berwyn Road, London, Greater London SE24 9BD2
£540K03/210.19 mi41a, Romola Road, London, Greater London SE24 9BA2
£636.5K11/210.19 mi38, Trinity Rise, Tulse Hill, London, Greater London SW2 2QR2
£565K03/210.19 mi9a, Deerbrook Road, London, Greater London SE24 9BE2
£447K03/230.19 mi9c, Deerbrook Road, London, Greater London SE24 9BE2
£610K06/210.22 mi30a, Norwood Road, London, Greater London SE24 9BH2
£580K06/210.22 mi26c, Norwood Road, London, Greater London SE24 9BH2
£425K03/230.23 miGround Floor Flat, 112, Norwood Road, London, Greater London SE24 9BB2
£470K04/230.24 mi225b, Norwood Road, London, Greater London SE24 9AG2
£354K02/210.25 miFlat A, 315, Norwood Road, London, Greater London SE24 9AQ2
£325K04/210.31 mi18, Peabody Hill, London, Greater London SE21 8LD2
£495K01/210.32 mi7, St Faiths Road, London, Greater London SE21 8JD2
£510K04/210.35 miGround Floor Flat, 151, Norwood Road, London, Greater London SE24 9AF2
£500K06/210.36 miGround Floor Flat, 205, Norwood Road, London, Greater London SE24 9AF2
£680K08/210.36 mi2a, Probyn Road, London, Greater London SW2 3LH2
£357.5K11/200.4 mi15, Roupell Road, London, Greater London SW2 3EL2
£280K04/230.41 miFlat 25, Lomley House, Tulse Hill, London, Greater London SW2 2EW2
£335K07/230.41 miFlat 12, Lomley House, Tulse Hill, London, Greater London SW2 2EW2
£600K11/200.44 miFlat A, 47, Medora Road, London, Greater London SW2 2LW2
£547.5K07/230.44 miFirst Floor Flat, 45, Medora Road, London, Greater London SW2 2LW2
£360K03/230.44 mi37b, Thurlow Park Road, London, Greater London SE21 8JP2
£499K10/200.46 mi14a, Maplestead Road, London, Greater London SW2 3LX2
£560K03/210.46 miFlat A, 9, Maplestead Road, London, Greater London SW2 3LX2
£417.5K05/210.47 mi7, Birkbeck Place, London, Greater London SE21 8JU2
£360K11/210.48 mi21c, Elmcourt Road, London, Greater London SE27 9BX2
£545K11/200.48 mi33, Thurlow Hill, London, Greater London SE21 8JW2
£525K02/230.49 mi6, Brading Road, London, Greater London SW2 2AN2
£590K03/230.49 mi16, Brading Road, London, Greater London SW2 2AN2
£415K12/200.5 mi8, Thurlow Hill, London, Greater London SE21 8JN2
£340K11/220.51 miFlat 64, Orford Court, Elmcourt Road, London, Greater London SE27 9DB2
£526.5K06/210.51 miGround Floor Flat, 9, Cotherstone Road, London, Greater London SW2 3NE2
£550K03/210.52 mi18b, Elm Park, London, Greater London SW2 2UB2
£260K05/210.52 miFlat 93, Purser House, Tulse Hill, London, Greater London SW2 2JB2
£400K03/230.54 miFlat 15, William Brown Court, Norwood Road, London, Greater London SE27 9DD2
£360K03/210.54 miFlat 18, William Brown Court, Norwood Road, London, Greater London SE27 9DD2
£465K11/210.54 mi118a, Cricklade Avenue, London, Greater London SW2 3HH2
£447.5K03/210.54 mi114d, Cricklade Avenue, London, Greater London SW2 3HH2
£295K09/200.56 mi68g, Thurlow Park Road, London, Greater London SE21 8HZ2
£567.5K08/230.56 mi261, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH2
£550K04/230.56 mi197, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH2
£415K04/210.57 miFlat 216, Pullman Court, Streatham Hill, London, Greater London SW2 4TA2
£365K02/230.57 miFlat 11, Elstead House, Redlands Way, London, Greater London SW2 3LT2
£300K11/200.58 miFlat 38, Warnham House, Upper Tulse Hill, London, Greater London SW2 2SA2
£580.2K09/210.59 mi13a, Helix Road, London, Greater London SW2 2JR2

Local Rents

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

RentDateDistanceAddressBeds 
£2,60009/240.09 mi-2
£2,60009/240.1 miTrinity Rise, London, SW22
£2,60009/240.1 mi-2
£2,00009/240.11 miTebbs House, Tulse Hill2
£1,95010/240.11 mi-2
£1,65009/240.13 mi-2
£2,40010/240.13 mi-2
£2,60008/240.15 miDeronda Road, London, SE242
£1,80009/240.16 miDeronda Road, London, SE242
£2,30002/250.16 mi-2
£1,80008/240.19 miRomola Road Herne Hill SE242
£2,59512/240.19 mi-2
£2,20010/240.2 mi-2
£2,00010/240.2 mi-2
£2,15002/240.2 mi-2
£2,05009/240.21 miChurston Close, Tulse Hill London SW22
£1,70009/240.21 miNorwood Road, Herne Hill, SE242
£1,80708/240.23 miNorwood Road, SE242
£1,80008/240.24 miRomola Road, Herne Hill2
£1,95008/240.24 miLondon, Brixton, Herne Hill, Tulse Hill, West Dulwich, SE242
£1,95008/240.24 mi-2
£1,90008/240.24 miNorwood Road, Herne Hill, SE242
£1,60003/250.24 mi-2
£2,00008/240.24 mi-2
£2,00008/240.24 mi-2
£1,70008/240.25 miNorwood Road Herne Hill SE242
£1,85002/240.28 mi-2
£2,50012/240.28 mi-2
£2,50012/240.28 mi-2
£2,50001/250.28 mi-2
£2,50003/250.28 mi-2
£2,00001/250.28 mi-2
£1,55009/240.28 mi-2
£1,70009/240.28 mi-2
£1,55009/240.28 mi-2
£1,55009/240.28 mi-2
£1,85009/240.28 miTulse Hill, SW22
£3,00003/250.29 mi-2
£2,00009/240.29 mi-2
£2,60009/240.3 miSW2 2RD2
£1,60308/240.3 miNorwood Road, SE242
£1,80011/240.31 mi-2
£1,80011/240.31 mi-2
£2,20001/250.31 mi-2
£2,25001/250.31 mi-2
£1,85009/240.31 miChristchurch Rd, Brixton Hill, London, SW22
£2,20011/240.32 mi-2
£2,00008/240.33 miThurlow Park Road, London, SE21 8JB2
£1,95009/240.33 mi-2
£1,95009/240.33 miTulse Hill, London2
£2,35009/240.34 mi-2
£2,00012/240.34 mi-2

Local Area Statistics

Population in SW2

54,204

Population in London

4,771,921

Town centre distance

5.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £350,000

November 29, 2024

Floor Plans

Description

    • Close proximity to Brockwell Park +
    • 2 double bedrooms +
    • Great condition +
    • Close to Tulse Hill Station +

This delightful two-bedroom flat located in Tulse Hill boasts a cosy reception room, perfect for relaxing or entertaining guests, modern bathroom, no chain and so much more. This property is a must see and perfect for someone trying to get on the ladder!

Agent Details

Marsh & Parsons, Streatham Hill

020 8671 0171

Next Steps?

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