2 Bed Flat, Motivated Seller, London, SW9 8DP, £440,000

18a Trinity Gardens, London, City Of London, SW9 8DP - 2 views - 4 months ago

Leasehold
Motivated
BTL
~58 m²
+3 photos

ValuationUndervalued

Sold Prices£255K - £810K
Sold Prices/m²£5.1K/m² - £13.4K/m²

 

 

Square Metres

~58.10 m²
Price/m²£7.6K/m²

Value Estimate

£496,271
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£110,000

Stamp Duty & Legal Fees

£23,900

Total Cash In

£133,900

 

 

Cash Out

 

Rent Range

£1,700 - £3,500

Rent Estimate

£1,800

Running Costs/mo

£1,755

Cashflow/mo

£45

Cashflow/yr

£540

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £255K to £810K, average is £540K. £5.1K/m² to £13.4K/m², average is £8.5K/m².

PriceDateDistanceAddressBeds 
£618K11/230.08 miFlat 9, Glasbury House, Ferndale Road, London, Greater London SW9 8AY2
£600K06/230.09 mi50, Santley Street, London, Greater London SW4 7QD2
£500K02/230.1 miFlat 6, Marie Lloyd Court, Brighton Terrace, London, Greater London SW9 8DL2
£425.5K10/210.13 miFlat 63, Arlington Lodge, Brixton Hill, London, Greater London SW2 1RE2
£596K07/230.14 mi30a, Raeburn Street, London, Greater London SW2 5QU2
£510K03/210.15 mi76, Acre Lane, London, Greater London SW2 5QN2
£435K11/200.17 miFirst Floor Flat, 71, Ballater Road, London, Greater London SW2 5QX2
£640K12/200.19 mi72a, Ballater Road, London, Greater London SW2 5QP2
£410K11/200.19 miFlat 44, Effra Court, Brixton Hill, London, Greater London SW2 1RB2
£610K09/230.2 mi122a, Ferndale Road, London, Greater London SW4 7SA2
£720K01/230.2 mi128, Ferndale Road, London, Greater London SW4 7SA2
£559.5K03/210.2 mi131a, Ferndale Road, London, Greater London SW4 7RN2
£430K06/210.21 miTop Floor Flat, 30, Pulross Road, London, Greater London SW9 8AF2
£625K02/210.21 mi14, Beverstone Road, London, Greater London SW2 5AN2
£555K06/210.21 mi99, Sandmere Road, London, Greater London SW4 7PX2
£710K04/210.22 mi37, Corrance Road, London, Greater London SW2 5RD2
£540K06/230.25 mi8b, Solon Road, London, Greater London SW2 5UY2
£810K04/210.25 mi11a, Hayter Road, London, Greater London SW2 5AR2
£635K12/200.25 mi10a, Sudbourne Road, London, Greater London SW2 5AQ2
£435K06/210.26 miFlat 111, Brixton Hill Court, Brixton Hill, London, Greater London SW2 1QZ2
£405K04/230.26 mi83, St Matthews Road, London, Greater London SW2 1NE2
£437K06/210.28 miFirst Floor Flat, 66, Ferndale Road, Clapham, London, Greater London SW4 7SE2
£500K03/210.28 miFirst Floor Flat, 41, Gateley Road, London, Greater London SW9 9TA2
£475K03/230.29 miFlat 13, Connaught Mansions, Coldharbour Lane, London, Greater London SW9 8LE2
£540K12/200.3 mi22, Mervan Road, London, Greater London SW2 1DT2
£290K05/230.31 mi41, Saltoun Road, London, Greater London SW2 1EW2
£465K02/230.32 miFirst Floor Flat, 9, Chantrey Road, London, Greater London SW9 9TD2
£575K06/210.32 miFlat A, 31, Sandmere Road, London, Greater London SW4 7PS2
£590K06/210.32 miA, 42, Kellett Road, London, Greater London SW2 1ED2
£350K05/230.32 miFlat 27, Sandhurst Court, Acre Lane, London, Greater London SW2 5TX2
£429.5K07/230.32 miGround Floor Flat, 36, Hubert Grove, London, Greater London SW9 9PD2
£608K02/210.32 mi39a, Kellett Road, London, Greater London SW2 1EA2
£450K11/200.32 miFlat B, 69, Kellett Road, London, Greater London SW2 1EA2
£500K12/200.33 mi44b, Branksome Road, London, Greater London SW2 5JA2
£665K07/230.33 miGround Floor Flat, 20, Stansfield Road, London, Greater London SW9 9RZ2
£410K07/230.33 miFirst Floor Flat, 28, Stansfield Road, London, Greater London SW9 9RZ2
£575K06/210.33 miFlat 4, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£575K04/230.33 miFlat 6, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£650K02/210.34 miFlat 16, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF2
£780K03/210.34 mi32a, Bonham Road, London, Greater London SW2 5HG2
£705K01/210.34 mi29a, Dalberg Road, London, Greater London SW2 1AJ2
£625K02/210.34 mi19b, Dalberg Road, London, Greater London SW2 1AJ2
£480K06/210.35 mi9, Glenelg Road, London, Greater London SW2 5JU2
£525K09/210.35 mi5, Glenelg Road, London, Greater London SW2 5JU2
£255K01/210.35 miFlat 27, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ2
£560K05/210.36 mi21a, Strathleven Road, London, Greater London SW2 5JS2
£483.5K06/210.36 mi40, Glenelg Road, London, Greater London SW2 5JT2
£399.9K01/230.36 miFlat 37, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ2
£590K03/230.37 miGround Floor Flat, 36, Sandmere Road, London, Greater London SW4 7QJ2
£375K04/210.37 miFlat 12, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XY2

Local Rents

50 rents from £1.7K/mo to £3.5K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,70001/250.04 mi-2
£2,80012/240.05 mi-2
£2,10003/250.06 mi-2
£2,00003/250.06 mi-2
£2,25011/240.09 mi-2
£2,09509/240.1 mi-2
£1,80009/240.11 mi-2
£2,20009/240.11 mi-2
£3,25009/240.11 mi-2
£2,19912/240.12 mi-2
£2,59909/240.12 mi-2
£2,19903/250.12 mi-2
£2,75009/240.12 mi-2
£3,25009/240.12 mi-2
£2,50012/240.12 mi-2
£2,30011/240.12 mi-2
£2,35011/240.12 mi-2
£2,35011/240.12 mi-2
£2,50003/250.12 mi-2
£2,50002/250.12 mi-2
£2,75009/240.12 miBrighton Terrace, London, SW92
£3,25009/240.12 miBrighton Terrace, London, SW92
£1,70012/240.12 mi-2
£2,70003/250.12 mi-2
£2,15012/240.12 mi-2
£3,20009/240.13 miBrighton Terrace, Brixton, SW92
£2,75009/240.13 miBrighton Terrace, Brixton, SW92
£2,00011/240.13 mi-2
£2,90002/250.13 mi-2
£1,95009/240.14 mi-2
£3,50009/240.14 miAcre Lane, Brixton, London, SW22
£2,44009/240.14 mi-2
£2,50002/250.14 mi-2
£1,80009/240.14 mi-2
£2,05010/240.14 mi-2
£1,80011/240.14 mi-2
£3,10002/240.17 mi-2
£2,30009/240.17 miBallater Road, London, SW22
£2,30009/240.17 mi-2
£2,75009/240.17 mi-2
£2,40003/250.18 mi-2
£2,45009/240.18 miBallater Road, London, SW22
£2,25001/250.19 mi-2
£2,35003/250.19 mi-2
£2,30009/240.2 mi-2
£2,37509/240.2 mi-2
£2,30009/240.2 miLethaby House, London, SW42
£2,30002/240.2 mi-2
£2,25012/240.2 mi-2
£2,30004/250.2 mi-2

Local Area Statistics

Population in SW9

42,067

Population in London

4,771,921

Town centre distance

4.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Price changed to £440,000

February 12, 2025

Price changed to £455,000

January 15, 2025

Listed for £465,000

December 18, 2024

Floor Plans

Description

  • Council Tax Band C, Leasehold +
  • 125 years from 1 April 2015 +
  • We have been advised that Ground Rent is £500 per year & Service Charge is £2000 per year +
  • Two Bedroom Apartment +
  • Open Plan Living Room & Kitchen +
  • Shower Room +
  • Close to Brixton Rail and Tube Stations +
  • Viewing Advised +

This modern two bedroom apartment is perfect for an investment opportunity or professionals alike. Ideally located at the Brixton end of Acre Lane, conveniently situated for local super market, Brixton rail and tube stations, Brixton Village, Ritzy cinema and the O2 (Brixton) Academy.
Call now to book

This spacious apartment is ideally located at the Brixton end of Acre Lane, conveniently situated for local super market, Brixton rail and tube stations, Brixton Village, Ritzy cinema and the O2 (Brixton) Academy. The green spaces of Brockwell Park and Clapham Common are also a short distance away.

The accommodation briefly comprises a welcoming entrance way, a spacious open plan living room and kitchen with integrated appliances. Two double bedrooms and a shower room with heated towel rail

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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