2 Bed Flat, Single Let, London, SW15 4DW, £205,000

Tangley Grove, Roehampton, London, SW15 4DW - 6 views - 4 months ago

Leasehold

Auction

BTL

ROI: 14%

~63 m²

+1 photos

ValuationUndervalued

Sold Prices	£190.8K - £752K
Sold Prices/m²	£3.3K/m² - £7.8K/m²

Square Metres	~63.10 m²
Price/m²	£3.2K/m²
Value Estimate	£252,150£252,150
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£51,250£51,250
Stamp Duty & Legal Fees	£11,450£11,450
Total Cash In	£62,700£62,700

Cash Out
Rent Range	£1,500 - £3,250£1,500 - £3,250
Rent Estimate	£1,713
Running Costs/mo	£1,003£1,003
Cashflow/mo	£710£710
Cashflow/yr	£8,517£8,517
ROI	14%14%
Gross Yield	10%10%

Local Sold Prices

30 sold prices from £190.8K to £752K, average is £365.8K. £3.3K/m² to £7.8K/m², average is £6.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£240K	12/23	0.06 mi	Flat 4, Hurstbourne House, Tangley Grove, London, Greater London SW15 4EJ	-	-	2	Flat
£205K	01/23	0.06 mi	Flat 8, Finchdean House, Tangley Grove, London, Greater London SW15 4EQ	-	-	2	Flat
£235K	12/23	0.16 mi	Flat 8, Binley House, Highcliffe Drive, London, Greater London SW15 4PY	-	-	2	Flat
£225K	11/23	0.18 mi	Flat 59, Charcot House, Highcliffe Drive, London, Greater London SW15 4PT	-	-	2	Flat
£485K	06/21	0.2 mi	13, Bader Way, London, Greater London SW15 5GD	£7,348	66	2	Flat
£239K	09/21	0.21 mi	Flat 14, Denmead House, Highcliffe Drive, London, Greater London SW15 4PS	-	-	2	Flat
£490K	09/21	0.22 mi	19, Holford Way, London, Greater London SW15 5GB	£6,712	73	2	Flat
£240K	02/21	0.31 mi	Flat 11, Allenford House, Tunworth Crescent, London, Greater London SW15 4PG	-	-	2	Flat
£590K	05/23	0.32 mi	61b, Medfield Street, London, Greater London SW15 4JY	£7,195	82	2	Flat
£190.8K	08/23	0.38 mi	Flat 7, Douglas House, Toland Square, London, Greater London SW15 5PG	£3,289	58	2	Flat
£370K	09/23	0.41 mi	Flat 2, Hamilton House, Toland Square, London, Greater London SW15 5PQ	-	-	2	Flat
£297.5K	06/21	0.51 mi	Flat 26, Witley Point, Wanborough Drive, London, Greater London SW15 4AX	-	-	2	Flat
£290K	03/21	0.53 mi	Flat 6, Blendworth Point, Wanborough Drive, London, Greater London SW15 4AL	-	-	2	Flat
£256K	10/23	0.58 mi	Flat 10, Hindhead Point, Wanborough Drive, London, Greater London SW15 4AW	-	-	2	Flat
£364K	02/23	0.6 mi	79, Innes Gardens, London, Greater London SW15 3AD	£5,778	63	2	Flat
£375K	04/23	0.6 mi	91, Innes Gardens, London, Greater London SW15 3AD	£5,515	68	2	Flat
£350K	07/23	0.63 mi	Flat 9, Fairfax House, Aubyn Square, London, Greater London SW15 5NH	-	-	2	Flat
£350K	07/23	0.63 mi	Flat 9, Fairfax House, Aubyn Square, London, Greater London SW15 5NH	-	-	2	Flat
£350K	05/23	0.64 mi	Flat 9, Devereux House, Aubyn Square, London, Greater London SW15 5NP	-	-	2	Flat
£330K	12/20	0.65 mi	43, Tildesley Road, London, Greater London SW15 3AA	£5,410	61	2	Flat
£475K	11/20	0.7 mi	159, Dover House Road, London, Greater London SW15 5AD	£7,422	64	2	Flat
£725K	03/23	0.73 mi	Flat 37, Exeter House, Putney Heath, London, Greater London SW15 3SX	-	-	2	Flat
£540K	03/23	0.74 mi	Flat 31, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TR	-	-	2	Flat
£525K	07/23	0.75 mi	Flat, 32, Roehampton Close, London, Greater London SW15 5LU	-	-	2	Flat
£525K	07/23	0.75 mi	Flat, 32, Roehampton Close, London, Greater London SW15 5LU	-	-	2	Flat
£752K	11/23	0.85 mi	Ground Floor Flat, 23, Langside Avenue, London, Greater London SW15 5QT	£7,753	97	2	Flat
£390K	11/23	0.85 mi	80, Hayward Gardens, London, Greater London SW15 3BZ	£6,190	63	2	Flat
£367.5K	11/20	0.91 mi	177, Hayward Gardens, London, Greater London SW15 3BX	£5,742	64	2	Flat
£700K	01/24	0.98 mi	2a, Colinette Road, London, Greater London SW15 6QQ	£6,422	109	2	Flat
£540K	07/23	0.99 mi	Flat 24, Roehampton Court, Queens Ride, London, Greater London SW13 0HU	-	-	2	Flat

Local Rents

32 rents from £1.5K/mo to £3.3K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	09/24	0.01 mi	Redenham House, Tangley Grove, Roehampton	2	Flat
£1,750	09/24	0.09 mi	-	2	Flat
£2,900	09/24	0.16 mi	Queen mary's House, SW15	2	Flat
£1,500	10/24	0.17 mi	-	2	Flat
£1,850	04/25	0.17 mi	-	2	Flat
£2,150	03/25	0.19 mi	-	2	Flat
£2,550	09/24	0.21 mi	Umbria Street, Putney, London, SW15	2	Flat
£2,900	09/24	0.24 mi	Roehampton House, SW15	2	Flat
£1,900	09/24	0.24 mi	Dunbridge House, Highcliffe Drive, London	2	Flat
£1,900	02/24	0.24 mi	-	2	Flat
£1,700	12/24	0.25 mi	-	2	Flat
£2,950	02/24	0.26 mi	-	2	Flat
£1,625	04/25	0.27 mi	-	2	Flat
£2,250	09/24	0.3 mi	Roehampton Lane, Roehampton, London, SW15	2	Flat
£1,950	09/24	0.3 mi	Clarence Lane, Roehampton	2	Flat
£2,200	10/24	0.31 mi	-	2	Flat
£2,100	09/24	0.31 mi	-	2	Flat
£1,950	09/24	0.31 mi	-	2	Flat
£2,500	09/24	0.32 mi	Medfield Street, London	2	Terraced House
£1,800	09/24	0.32 mi	Medfield Street, LONDON	2	Flat
£2,400	03/25	0.34 mi	-	2	Flat
£2,250	02/24	0.34 mi	-	2	Flat
£2,250	03/25	0.34 mi	-	2	Flat
£2,400	04/25	0.34 mi	-	2	Flat
£3,250	02/25	0.35 mi	-	2	Flat
£2,600	04/25	0.35 mi	-	2	Flat
£2,250	03/25	0.37 mi	-	2	Flat
£2,100	04/25	0.43 mi	-	2	Flat
£1,875	04/25	0.5 mi	-	2	Flat
£2,500	09/24	0.51 mi	-	2	Flat
£2,250	12/24	0.54 mi	-	2	Terraced House
£2,000	09/24	0.59 mi	-	2	Flat

Local Area Statistics

Population in SW15	60,34460,344
Population in London	4,771,9214,771,921
Town centre distance	8.03 miles away8.03 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.11 miles away1.11 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-15%-15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+2%+2%

Property History

Price changed to £205,000

February 20, 2025

Listed for £250,000

December 17, 2024

Floor Plans

Description

For sale via Auction - Prior Auction purchase available +
Situated on the 10th floor with lift +
Entrance hall with built in storage cupboards +
Two reception rooms +
Eat in kitchen +
Two generous bedrooms with built in wardrobes +
Bathroom and separate WC +
Private balcony +

Located in a peaceful residential area moments from Richmond Park, this great 2 bedroom flat features an eat-in kitchen and a private balcony.

The property is moments from the amenities of Roehampton and within easy reach of Barnes and Putney.

Please use the reference CHPK0405990 when contacting Foxtons.

Agent Details

Foxtons, Putney

020 3834 8157

Next Steps?

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

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