3 Bed Flat, Single Let, London, SW8 3JL, £600,000

Wandsworth Road, London, SW8 3JL - 3 views - 4 months ago

BTL

ROI: 2%

~93 m²

+4 photos

ValuationUndervalued

Sold Prices	£159K - £2.0M
Sold Prices/m²	£5.1K/m² - £14.9K/m²

Square Metres	~93 m²
Price/m²	£6.5K/m²
Value Estimate	£732,000£732,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£150,000£150,000
Stamp Duty & Legal Fees	£36,700£36,700
Total Cash In	£186,700£186,700

Cash Out
Rent Range	£950 - £6,500£950 - £6,500
Rent Estimate	£2,700
Running Costs/mo	£2,435£2,435
Cashflow/mo	£265£265
Cashflow/yr	£3,180£3,180
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £159K to £2.0M, average is £682.5K. £5.1K/m² to £14.9K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£159K	06/21	0.09 mi	89d, The Chase, London, Greater London SW4 0NR	-	-	3	Flat
£400K	03/23	0.13 mi	Basement Flat, 33, Taybridge Road, London, Greater London SW11 5PR	-	-	3	Flat
£525K	06/21	0.13 mi	123, Victoria Rise, London, Greater London SW4 0PE	£6,731	78	3	Flat
£685K	09/21	0.18 mi	29b, Rush Hill Road, London, Greater London SW11 5NW	-	-	3	Flat
£515K	07/21	0.22 mi	64, Cedars Road, London, Greater London SW4 0QB	£6,205	83	3	Flat
£825K	12/20	0.24 mi	62b, Marmion Road, London, Greater London SW11 5PA	-	-	3	Flat
£650K	02/21	0.25 mi	45, Emu Road, London, Greater London SW8 3PQ	£7,738	84	3	Flat
£635K	03/21	0.26 mi	32, Victoria Rise, London, Greater London SW4 0NY	£8,141	78	3	Flat
£663.6K	03/21	0.29 mi	71a, Stanley Grove, London, Greater London SW8 3PJ	£7,995	83	3	Flat
£2.0M	07/23	0.31 mi	48d, Clapham Common North Side, London, Greater London SW4 0AB	£11,175	183	3	Flat
£698K	01/21	0.34 mi	44a, Tennyson Street, London, Greater London SW8 3SU	£7,196	97	3	Flat
£825K	09/23	0.34 mi	23a, Emu Road, London, Greater London SW8 3PS	£14,946	55	3	Flat
£872K	11/20	0.36 mi	51a, Marney Road, London, Greater London SW11 5EW	£8,990	97	3	Flat
£882K	12/23	0.41 mi	First Floor Flat, 19, Longbeach Road, London, Greater London SW11 5SS	-	-	3	Flat
£825K	12/21	0.42 mi	Flat A, 109, Sugden Road, London, Greater London SW11 5ED	£8,967	92	3	Flat
£501.5K	04/21	0.49 mi	92, Larkhall Rise, London, Greater London SW4 6LD	-	-	3	Flat
£650K	02/23	0.5 mi	213a, Latchmere Road, Battersea, London, Greater London SW11 2LA	-	-	3	Flat
£650K	10/23	0.5 mi	213, Latchmere Road, Battersea, London, Greater London SW11 2LA	£5,118	127	3	Flat
£630K	06/21	0.51 mi	185a, Latchmere Road, London, Greater London SW11 2JZ	-	-	3	Flat
£724K	12/23	0.52 mi	Flat A, 22, Netherford Road, London, Greater London SW4 6AE	£14,196	51	3	Flat
£335K	06/23	0.52 mi	Flat 15, Dresden House, Dagnall Street, London, Greater London SW11 5DP	-	-	3	Flat
£375K	04/21	0.53 mi	Flat 19, Youngs Court, Charlotte Despard Avenue, London, Greater London SW11 5JD	-	-	3	Flat
£645K	09/23	0.53 mi	13, Brayburne Avenue, London, Greater London SW4 6AD	-	-	3	Flat
£380K	05/21	0.53 mi	Flat 73, Lucas Court, Strasburg Road, London, Greater London SW11 5JG	-	-	3	Flat
£860K	11/21	0.54 mi	77b, Elspeth Road, London, Greater London SW11 1DP	-	-	3	Flat
£680.1K	11/21	0.54 mi	79b, Elspeth Road, London, Greater London SW11 1DP	£11,335	60	3	Flat
£930K	04/24	0.57 mi	7b, Kathleen Road, London, Greater London SW11 2JR	£14,835	63	3	Flat
£408K	06/23	0.58 mi	Flat 6, Ravenet Court, Ravenet Street, London, Greater London SW11 5HE	-	-	3	Flat
£925K	07/23	0.59 mi	54, Altenburg Gardens, London, Greater London SW11 1JL	-	-	3	Flat
£640K	01/23	0.59 mi	109, Stonhouse Street, London, Greater London SW4 6BH	£7,619	84	3	Flat
£1.2M	03/23	0.6 mi	119a, Clapham Common North Side, Clapham, London, Greater London SW4 9SP	-	-	3	Flat
£724K	12/20	0.62 mi	95, Lavender Walk, London, Greater London SW11 1JS	£11,551	63	3	Flat
£705K	05/23	0.65 mi	21, Matthews Street, London, Greater London SW11 5AB	£11,059	64	3	Flat
£470K	03/23	0.65 mi	Flat 16, Metcalfe House, Albion Avenue, London, Greater London SW8 2AE	-	-	3	Flat
£470K	09/21	0.66 mi	Flat 5, Seymour House, Albion Avenue, London, Greater London SW8 2AA	-	-	3	Flat
£650K	04/21	0.67 mi	First Floor Flat, 264, Queenstown Road, London, Greater London SW8 4LP	£14,130	46	3	Flat
£425K	04/23	0.67 mi	Flat 4, Harcourt House, Albion Avenue, London, Greater London SW8 2AB	-	-	3	Flat
£950K	09/23	0.68 mi	34, Leathwaite Road, London, Greater London SW11 1XQ	£11,585	82	3	Flat
£491K	11/20	0.69 mi	11, Oaklands Place, London, Greater London SW4 7BY	£6,726	73	3	Flat
£732.5K	10/21	0.69 mi	43a, Voltaire Road, London, Greater London SW4 6DD	-	-	3	Flat
£565K	12/23	0.69 mi	184a, Battersea Park Road, London, Greater London SW11 4ND	£5,885	96	3	Flat
£1.8M	05/23	0.7 mi	Flat 58, York Mansions, Prince Of Wales Drive, London, Greater London SW11 4BP	-	-	3	Flat
£1.9M	04/23	0.71 mi	Flat 22, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EZ	-	-	3	Flat
£725K	12/20	0.71 mi	Flat A, 19, Beauchamp Road, London, Greater London SW11 1PG	£10,069	72	3	Flat
£1.3M	03/21	0.71 mi	51a, Beauchamp Road, London, Greater London SW11 1PG	-	-	3	Flat
£840K	02/21	0.72 mi	9b, Meath Street, London, Greater London SW11 4JA	-	-	3	Flat
£495K	01/21	0.72 mi	Flat 1, Chessington House, Union Grove, London, Greater London SW8 2RB	-	-	3	Flat
£1.9M	05/21	0.73 mi	Flat 83, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EU	-	-	3	Flat
£955K	03/21	0.75 mi	20, Barnard Road, London, Greater London SW11 1QS	£12,484	77	3	Flat
£875K	03/23	0.75 mi	70b, Winsham Grove, London, Greater London SW11 6NE	-	-	3	Flat

Local Rents

50 rents from £950/mo to £6.5K/mo, average is £3.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,100	04/25	0.05 mi	-	3	Flat
£3,600	09/24	0.08 mi	-	3	Flat
£3,300	04/25	0.11 mi	-	3	Terraced House
£3,300	09/24	0.12 mi	Freke Road, London, SW11	3	Terraced House
£2,850	02/24	0.13 mi	-	3	Flat
£2,490	04/25	0.14 mi	-	3	Flat
£3,750	04/25	0.14 mi	-	3	Flat
£4,200	09/24	0.15 mi	St. Philip Street, Battersea, SW8	3	Detached House
£6,500	01/25	0.16 mi	-	3	Semi-Detached House
£3,000	10/24	0.17 mi	-	3	Flat
£3,700	10/24	0.18 mi	-	3	Terraced House
£3,250	09/24	0.21 mi	St Philip Street, Battersea, London, SW8	3	Flat
£3,750	01/25	0.25 mi	-	3	Terraced House
£3,700	09/24	0.26 mi	Taybridge Road, SW11	3	Terraced House
£3,750	01/25	0.27 mi	-	3	Flat
£3,300	10/24	0.27 mi	-	3	Flat
£950	03/25	0.28 mi	-	3	Flat
£3,000	11/24	0.28 mi	-	3	Flat
£2,750	09/24	0.28 mi	-	3	Flat
£3,200	09/24	0.28 mi	-	3	Flat
£3,000	11/24	0.29 mi	-	3	Flat
£2,600	09/24	0.29 mi	Silverthorne Road, SW8	3	Flat
£2,500	10/24	0.3 mi	-	3	Flat
£3,033	09/24	0.3 mi	Macaulay Square, London	3	Flat
£4,600	09/24	0.3 mi	Avery Walk London SW11	3	Flat
£3,750	09/24	0.32 mi	North Street, Clapham	3	Flat
£3,250	09/24	0.32 mi	Lavender Hill, Clapham Junction, SW11	3	Flat
£3,000	12/24	0.33 mi	-	3	Flat
£2,995	02/25	0.33 mi	-	3	Flat
£2,999	09/24	0.34 mi	Tennyson Road, SW8	3	Flat
£2,975	02/24	0.35 mi	-	3	Flat
£3,000	03/25	0.35 mi	-	3	Flat
£3,100	09/24	0.35 mi	Silverthorne Road Battersea SW8	3	Flat
£4,500	09/24	0.35 mi	Marney Road, Clapham, SW11	3	Terraced House
£4,495	09/24	0.37 mi	-	3	Flat
£5,612	09/24	0.37 mi	Charles Clowes Walk, London, SW11	3	Flat
£2,650	02/25	0.45 mi	-	3	Flat
£2,880	04/25	0.47 mi	-	3	Terraced House
£3,200	12/24	0.49 mi	-	3	Flat
£3,100	09/24	0.5 mi	Eversleigh Road, The Shaftesbury Estate, SW11	3	Terraced House
£3,350	09/24	0.5 mi	Grove Mansions Clapham Common Northside Clapham London	3	Flat
£2,899	09/24	0.5 mi	Latchmere Road, SW11	3	Flat
£3,350	10/24	0.51 mi	-	3	Flat
£3,300	10/24	0.51 mi	-	3	Flat
£3,300	04/25	0.52 mi	-	3	Flat
£3,350	09/24	0.52 mi	-	3	Flat
£3,350	09/24	0.52 mi	Elspeth Road, London, SW11	3	Flat
£2,500	04/25	0.54 mi	-	3	Flat
£2,950	09/24	0.54 mi	Lavender Gardens, LONDON	3	Flat
£3,400	09/24	0.54 mi	Clapham Common West Side, London, UK, SW4	3	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	4.69 miles away4.69 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.56 miles away0.56 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 £600,000

December 12, 2024

Floor Plans

Description

Three-bedroom +
Wealth of lateral space +
Open plan kitchen / reception room +
Large dining area +

This wonderful three double bedroom property offers a wealth of lateral space and is spread over the first floor of the building. The property comprises a larger than average open plan fully fitted kitchen/reception room, with a large dining space, three good size double bedrooms and two bathrooms; one of which is en-suite. The property further boasts a wealth of storage and will make the ideal home for either professional sharers or a couple looking for additional space.

The building is set off Wandsworth Road, perfectly located for the shops, bars and restaurants of both Lavender Hill and Queenstown Road. There is a choice of local supermarkets as well as being just a short walk up to Clapham Common. Transport links are easily accessible with Wandsworth Road rail station and Clapham Common (Northern line) underground stations both in easy reach. That along with the local bus routes over the bridge to Chelsea and into the City provide excellent access across London.

Council Tax Band - D

Agent Details

Marsh & Parsons, Clapham

020 7501 3666

Next Steps?

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

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