2 Bed Flat, Single Let, London, SW8 2EB, £475,000

Lansdowne Way, Lambeth, SW8 2EB - 5 views - 4 months ago

Leasehold

BTL

~68 m²

+9 photos

ValuationUndervalued

Sold Prices	£267K - £1.2M
Sold Prices/m²	£3K/m² - £13.9K/m²

Square Metres	~68.11 m²
Price/m²	£7K/m²
Value Estimate	£508,291£508,291
BMV	7%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Rent Range	£1,450 - £4,500£1,450 - £4,500
Rent Estimate	£1,794
Running Costs/mo	£1,863£1,863
Cashflow/mo	£-69£-69
Cashflow/yr	£-830£-830
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £267K to £1.2M, average is £392.5K. £3K/m² to £13.9K/m², average is £7.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£390K	06/21	0 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£370K	02/21	0 mi	Flat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£407.5K	03/21	0.02 mi	Flat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB	-	-	2	Flat
£400K	12/20	0.07 mi	Flat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX	-	-	2	Flat
£350K	06/21	0.07 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£415K	09/21	0.11 mi	Flat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£375K	09/21	0.11 mi	Flat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£416K	07/23	0.14 mi	Flat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£435K	05/23	0.14 mi	Flat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£360K	08/21	0.15 mi	Flat 5, Mobey Court, Studley Road, London, Greater London SW4 6RS	-	-	2	Flat
£270K	03/23	0.18 mi	Flat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£270K	11/23	0.18 mi	Flat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW	-	-	2	Flat
£425K	11/20	0.18 mi	Flat 25, Tillotson Court, Wandsworth Road, London, Greater London SW8 2NH	-	-	2	Flat
£267K	01/23	0.18 mi	Flat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£395K	01/21	0.19 mi	Ground Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY	-	-	2	Flat
£427K	07/23	0.19 mi	Flat 23, Squires Court, Binfield Road, London, Greater London SW4 6TD	-	-	2	Flat
£410K	01/21	0.2 mi	Flat 21, Jephson Court, Studley Road, London, Greater London SW4 6SB	-	-	2	Flat
£340K	11/21	0.21 mi	Flat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE	-	-	2	Flat
£560K	08/21	0.21 mi	229d, South Lambeth Road, London, Greater London SW8 1XR	-	-	2	Flat
£353.3K	06/23	0.24 mi	Flat 13, Webb House, Hemans Street, London, Greater London SW8 4SU	-	-	2	Flat
£481.2K	09/23	0.26 mi	Flat 10, Lang House, Hartington Road, London, Greater London SW8 2HT	-	-	2	Flat
£465K	01/21	0.26 mi	8, Courland Grove, London, Greater London SW8 2PX	£7,154	65	2	Flat
£410K	06/21	0.26 mi	11, Spencer Mews, London, Greater London SW8 1HF	£9,318	44	2	Flat
£375K	03/21	0.27 mi	Flat 18, Gover Court, Paradise Road, London, Greater London SW4 6QN	-	-	2	Flat
£500K	06/21	0.27 mi	8, Mill Pond Close, London, Greater London SW8 4SN	£7,463	67	2	Flat
£445K	02/21	0.27 mi	Flat 12, Courthope House, Hartington Road, London, Greater London SW8 2HS	-	-	2	Flat
£473.4K	09/23	0.28 mi	92, Crimsworth Road, London, Greater London SW8 4RL	£13,945	34	2	Flat
£305K	12/23	0.29 mi	65, Tradescant Road, London, Greater London SW8 1XJ	£2,961	103	2	Flat
£360K	06/23	0.31 mi	Flat 10, Kneller House, Union Grove, London, Greater London SW8 2RR	-	-	2	Flat
£350K	03/21	0.31 mi	Flat 42, Aston House, Wandsworth Road, London, Greater London SW8 4ER	-	-	2	Flat
£270K	09/21	0.32 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat
£345K	04/21	0.33 mi	Flat 44, Acland House, Stockwell Gardens Estate, London, Greater London SW9 9AD	-	-	2	Flat
£318K	01/23	0.35 mi	Flat 18, Croxteth House, Wandsworth Road, London, Greater London SW8 2RX	-	-	2	Flat
£465K	01/23	0.36 mi	Flat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY	-	-	2	Flat
£420K	10/23	0.36 mi	93, Stockwell Gardens, London, Greater London SW9 0RZ	£7,636	55	2	Flat
£346K	02/23	0.36 mi	95, Hampson Way, London, Greater London SW8 1HX	£5,014	69	2	Flat
£340K	05/23	0.36 mi	Flat 33, Farnley House, Union Grove, London, Greater London SW8 2RT	-	-	2	Flat
£350K	06/21	0.37 mi	Flat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU	£7,447	47	2	Flat
£432.5K	03/21	0.39 mi	Flat 17, Oliver House, Wyvil Road, London, Greater London SW8 2SX	-	-	2	Flat
£370K	09/21	0.39 mi	Flat 22, Enfield House, Stockwell Road, London, Greater London SW9 9HB	-	-	2	Flat
£590K	06/23	0.39 mi	160a, Old South Lambeth Road, London, Greater London SW8 1XX	-	-	2	Flat
£520K	04/23	0.39 mi	Flat D, 80, Union Road, London, Greater London SW4 6JU	-	-	2	Flat
£510K	12/20	0.4 mi	First Floor Flat, 30, Albert Square, London, Greater London SW8 1DA	£10,408	49	2	Flat
£385K	10/20	0.41 mi	Flat 6, Edgar House, Wyvil Road, London, Greater London SW8 2SS	-	-	2	Flat
£1.2M	06/21	0.42 mi	6, St Michaels Road, London, Greater London SW9 0SL	£6,154	195	2	Flat
£758.8K	07/23	0.42 mi	Flat B, 41, Stockwell Road, London, Greater London SW9 9QB	-	-	2	Flat
£370K	06/21	0.42 mi	Flat 57, Brocket House, Union Road, London, Greater London SW8 2RE	-	-	2	Flat
£355K	10/23	0.42 mi	Flat 60, Brocket House, Union Grove, London, Greater London SW8 2RE	-	-	2	Flat
£388.8K	08/23	0.42 mi	Flat 19, Colchester House, Union Grove, London, Greater London SW8 2RD	-	-	2	Flat
£625K	04/23	0.44 mi	3, Printers Road, London, Greater London SW9 0BH	£7,703	81	2	Flat

Local Rents

50 rents from £1.4K/mo to £4.5K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,650	09/24	0.06 mi	Larkhall Lane London SW4	2	Flat
£3,000	09/24	0.12 mi	Priory Grove, London, SW8	2	Terraced House
£3,597	09/24	0.13 mi	Hamilton House, 6 St. George Wharf, Vauxhall, London, UK, SW8	2	Flat
£2,500	03/25	0.16 mi	-	2	Flat
£2,800	09/24	0.17 mi	Southville, London	2	Flat
£2,000	09/24	0.17 mi	Wandsworth Road, Vauxhall, London, SW8	2	Flat
£1,800	09/24	0.17 mi	Studley Road London SW4	2	Flat
£3,500	03/25	0.18 mi	-	2	Flat
£1,600	02/25	0.18 mi	-	2	Flat
£2,492	09/24	0.19 mi	Thorne Road, London SW8	2	Flat
£2,000	09/24	0.21 mi	Amesbury Tower, Wandsworth Road, London	2	Flat
£2,700	09/24	0.21 mi	Cornell Square, Nine Elms, SW8	2	Flat
£2,500	09/24	0.21 mi	This Space, 3 Cornell Square, London, SW8	2	Flat
£2,000	03/25	0.21 mi	-	2	Flat
£2,600	09/24	0.21 mi	Cornell Square, Wandsworth Road, SW8	2	Flat
£2,500	09/24	0.21 mi	Apartment 92, London	2	Flat
£2,600	09/24	0.21 mi	Cornell Square London SW8	2	Flat
£2,350	11/24	0.21 mi	-	2	Flat
£2,350	09/24	0.22 mi	-	2	House
£2,350	09/24	0.22 mi	Wandsworth Road, London, SW8	2	Flat
£2,649	03/25	0.22 mi	-	2	Flat
£2,750	10/24	0.22 mi	-	2	Flat
£2,700	02/25	0.23 mi	-	2	Flat
£3,100	09/24	0.24 mi	-	2	Flat
£2,999	09/24	0.24 mi	-	2	Flat
£2,050	02/25	0.24 mi	-	2	Flat
£2,249	09/24	0.25 mi	Goldsboro Road, SW8	2	Flat
£3,450	03/25	0.25 mi	-	2	Flat
£2,150	03/25	0.25 mi	-	2	Flat
£1,450	11/24	0.25 mi	-	2	Flat
£2,450	09/24	0.26 mi	Courland Grove, South Lambeth, SW8	2	Flat
£2,550	09/24	0.26 mi	Mill Pond Close, SW8	2	Flat
£2,650	03/25	0.26 mi	-	2	Flat
£2,400	09/24	0.26 mi	-	2	House
£2,200	01/25	0.26 mi	-	2	Flat
£2,350	12/24	0.26 mi	-	2	Flat
£2,550	10/24	0.26 mi	-	2	Flat
£2,200	09/24	0.27 mi	Lansdowne Way, London SW8	2	Flat
£2,250	09/24	0.28 mi	Wandsworth Road, London, SW8	2	Flat
£2,250	09/24	0.28 mi	-	2	House
£2,350	09/24	0.28 mi	-	2	Flat
£2,450	03/25	0.28 mi	-	2	Flat
£4,500	09/24	0.28 mi	Sky Gardens, Wandsworth Road, London SW8	2	Flat
£2,300	03/25	0.28 mi	-	2	Flat
£2,450	09/24	0.28 mi	Courland Grove, London, SW8	2	Flat
£2,450	09/24	0.28 mi	-	2	House
£2,600	09/24	0.28 mi	-	2	Flat
£2,600	03/25	0.28 mi	-	2	Flat
£2,150	10/24	0.29 mi	-	2	Flat
£2,400	09/24	0.29 mi	Wilbraham House, Vauxhall London SW8	2	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	3.79 miles away3.79 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.29 miles away0.29 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Listed for £475,000

December 12, 2024

Sold for £407,500

2021

Sold for £420,000

2016

Sold for £154,000

2003

Floor Plans

Description

Two double bedrooms +
Modern fitted kitchen +
Spacious living room +
Ample natural light +
Secure entry system +
Close to transport links +
542 sq ft / 50.4 sq m +
EPC Rating D +

A bright and spacious two-bedroom apartment with modern interiors, excellent layout, and convenient access to local amenities and transport links.

Agent Details

Kinleigh Folkard & Hayward - Sales, Kennington

020 3872 0017

Next Steps?

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

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