3 Bed Flat, Planning Permission, London, SW15 6PE, £600,000

56C Luttrell Avenue, London, Greater London, SW15 6PE - 2 views - 4 months ago

Leasehold

Planning

ROI: 1%

~93 m²

+3 photos

ValuationOvervalued

Sold Prices	£315K - £2.0M
Sold Prices/m²	£4K/m² - £15.7K/m²

Square Metres	~93 m²
Price/m²	£6.5K/m²
Value Estimate	£497,845£497,845

Investment Opportunity

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	£2,200 - £5,500£2,200 - £5,500
Rent Estimate	£2,525
Running Costs/mo	£2,400£2,400
Cashflow/mo	£125£125
Cashflow/yr	£1,500£1,500
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

45 sold prices from £315K to £2.0M, average is £608K. £4K/m² to £15.7K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£855K	01/21	0.11 mi	25c, Larpent Avenue, London, Greater London SW15 6UU	£5,938	144	3	Flat
£522.5K	03/21	0.29 mi	Flat 5, Wharncliffe House, Whitnell Way, London, Greater London SW15 6BX	-	-	3	Flat
£615K	06/23	0.32 mi	Flat 88, Exeter House, Putney Heath, London, Greater London SW15 3TQ	-	-	3	Flat
£378.4K	11/20	0.34 mi	76, Carslake Road, London, Greater London SW15 3DP	£5,288	72	3	Flat
£365K	04/23	0.35 mi	12, Innes Gardens, London, Greater London SW15 3AB	£5,334	68	3	Flat
£705K	03/23	0.39 mi	Flat 2, Selwyn House, Manor Fields, London, Greater London SW15 3LR	-	-	3	Flat
£840K	02/24	0.39 mi	Selwyn House, Flat 4, Manor Fields, London, Greater London SW15 3LR	£8,571	98	3	Flat
£750K	06/21	0.42 mi	Flat 31, Bede House, Manor Fields, London, Greater London SW15 3LT	-	-	3	Flat
£370K	04/23	0.42 mi	Flat 10, Hartley House, Toland Square, London, Greater London SW15 5PD	-	-	3	Flat
£345K	05/23	0.48 mi	Flat 6, Devereux House, Aubyn Square, London, Greater London SW15 5NP	-	-	3	Flat
£655K	12/21	0.5 mi	Flat 16, Magdalene House, Manor Fields, London, Greater London SW15 3LU	-	-	3	Flat
£385K	12/20	0.5 mi	Flat 2, Bonner House, Aubyn Square, London, Greater London SW15 5NR	-	-	3	Flat
£785K	10/23	0.5 mi	Flat 16, Somerville House, Manor Fields, London, Greater London SW15 3LX	-	-	3	Flat
£640K	06/21	0.51 mi	5, Nursery Close, London, Greater London SW15 6AS	-	-	3	Flat
£580K	09/23	0.54 mi	Flat, 8, Roehampton Close, London, Greater London SW15 5LU	-	-	3	Flat
£608K	02/23	0.55 mi	Flat 72, March Court, Warwick Drive, London, Greater London SW15 6LD	-	-	3	Flat
£665K	06/23	0.56 mi	Flat 10, West Point, Putney Hill, London, Greater London SW15 6RU	-	-	3	Flat
£1.1M	01/21	0.62 mi	Flat 31, Fairacres, Roehampton Lane, London, Greater London SW15 5LX	-	-	3	Flat
£575K	11/20	0.65 mi	Flat 22, Cressy House, Queens Ride, London, Greater London SW13 0HZ	-	-	3	Flat
£712K	03/21	0.65 mi	Flat 21, Wildcroft Manor, Wildcroft Road, London, Greater London SW15 3TS	-	-	3	Flat
£740K	06/21	0.67 mi	26a, Quill Lane, London, Greater London SW15 1PD	£13,214	56	3	Flat
£670K	11/21	0.67 mi	Flat 68, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TX	-	-	3	Flat
£772.5K	10/21	0.71 mi	Flat 105, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TY	-	-	3	Flat
£750K	09/21	0.71 mi	205, Felsham Road, London, Greater London SW15 1BD	-	-	3	Flat
£440.5K	06/21	0.76 mi	44, Evenwood Close, London, Greater London SW15 2DA	£5,372	82	3	Flat
£580K	07/23	0.76 mi	Flat, 9, Mere Close, London, Greater London SW15 3HX	-	-	3	Flat
£512K	12/20	0.77 mi	Flat 7, Felsham House, Felsham Road, London, Greater London SW15 1DW	-	-	3	Flat
£820.3K	01/21	0.77 mi	Ground Floor Flat At, 36, Stanbridge Road, London, Greater London SW15 1DX	-	-	3	Flat
£850K	09/23	0.78 mi	56a, Disraeli Road, Putney, London, Greater London SW15 2DS	-	-	3	Flat
£970K	07/21	0.79 mi	18a, Salvin Road, London, Greater London SW15 1DR	£15,711	62	3	Flat
£390K	09/23	0.8 mi	44, Castlecombe Drive, London, Greater London SW19 6RU	£5,132	76	3	Flat
£315K	08/23	0.81 mi	52, Ibsley Gardens, London, Greater London SW15 4JN	-	-	3	Flat
£360K	02/23	0.83 mi	44, Ibsley Gardens, London, Greater London SW15 4JN	-	-	3	Flat
£850K	02/23	0.83 mi	128a, Lower Richmond Road, London, Greater London SW15 1LN	£9,140	93	3	Flat
£388K	12/20	0.86 mi	156, Castlecombe Drive, London, Greater London SW19 6RS	£5,315	73	3	Flat
£345K	12/20	0.87 mi	108, Sherfield Gardens, London, Greater London SW15 4PR	£4,539	76	3	Flat
£525K	01/21	0.88 mi	Flat 44, Lockyer House, The Platt, London, Greater London SW15 1EE	-	-	3	Flat
£735K	02/23	0.9 mi	Flat 12, Kenilworth Court, Lower Richmond Road, London, Greater London SW15 1EW	-	-	3	Flat
£380K	06/23	0.92 mi	17, Stoughton Close, London, Greater London SW15 4LS	£3,958	96	3	Flat
£670K	04/21	0.93 mi	2b, Oxford Road, London, Greater London SW15 2LF	-	-	3	Flat
£320K	09/21	0.94 mi	140, Ibsley Gardens, London, Greater London SW15 4NG	£4,267	75	3	Flat
£425K	08/23	0.95 mi	2, Wainford Close, London, Greater London SW19 6BH	£6,280	68	3	Flat
£380K	05/21	0.97 mi	Flat 6, Gosport House, Bessborough Road, London, Greater London SW15 4BW	-	-	3	Flat
£2.0M	07/23	0.99 mi	Flat F105, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG	-	-	3	Flat
£520K	05/21	1 mi	Flat 1, Woodlands Gate, Woodlands Way, London, Greater London SW15 2SY	-	-	3	Flat

Local Rents

43 rents from £2.2K/mo to £5.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£5,500	03/25	0.14 mi	-	3	Terraced House
£3,000	12/24	0.17 mi	-	3	Semi-Detached House
£2,300	09/24	0.22 mi	Cortis Road, London, SW15	3	Flat
£2,750	03/25	0.24 mi	-	3	Semi-Detached House
£2,600	09/24	0.27 mi	Hutton Mews, Putney	3	Flat
£2,695	11/24	0.31 mi	-	3	Flat
£2,200	04/25	0.32 mi	-	3	Flat
£2,800	09/24	0.32 mi	-	3	Flat
£2,800	09/24	0.32 mi	-	3	Flat
£3,650	11/24	0.34 mi	-	3	Flat
£3,650	10/24	0.34 mi	-	3	Flat
£3,250	02/25	0.34 mi	-	3	Flat
£3,250	02/25	0.34 mi	-	3	Flat
£2,650	09/24	0.35 mi	-	3	Flat
£3,250	04/25	0.37 mi	-	3	Terraced House
£3,000	09/24	0.41 mi	-	3	Flat
£3,000	03/25	0.41 mi	-	3	Flat
£2,750	09/24	0.42 mi	Manor Fields Putney SW15	3	Flat
£3,000	09/24	0.43 mi	Bede House, Manor Fields Putney Hill, Putney	3	Flat
£2,500	09/24	0.43 mi	Glenalmond House, Manor Fields, Putney	3	Flat
£3,450	09/24	0.44 mi	-	3	Semi-Detached House
£2,995	01/25	0.44 mi	-	3	Semi-Detached House
£2,995	03/25	0.44 mi	-	3	Semi-Detached House
£3,000	09/24	0.45 mi	Carmalt Gardens, SW15	3	Flat
£2,800	02/24	0.46 mi	-	3	Flat
£2,700	02/25	0.46 mi	-	3	Flat
£2,950	09/24	0.46 mi	Upper Richmond Road, SW15	3	Flat
£2,650	11/24	0.47 mi	-	3	Detached House
£3,250	09/24	0.48 mi	-	3	Detached House
£3,500	04/25	0.48 mi	-	3	Semi-Detached House
£2,700	09/24	0.5 mi	Westleigh Avenue, London	3	Flat
£3,000	02/25	0.5 mi	-	3	Flat
£3,200	09/24	0.52 mi	Putney Hill, London, SW15	3	Flat
£3,200	09/24	0.52 mi	-	3	Flat
£2,650	03/25	0.54 mi	-	3	Flat
£2,750	08/24	0.54 mi	-	3	Terraced House
£2,900	10/24	0.54 mi	-	3	Flat
£2,950	09/24	0.55 mi	Vitali Close, London, SW15	3	Terraced House
£2,950	09/24	0.55 mi	-	3	Terraced House
£2,650	03/25	0.56 mi	-	3	Flat
£2,700	09/24	0.56 mi	Cambalt House, 44 Putney Hill, London, SW15	3	Flat
£2,600	09/24	0.61 mi	Putney Heath Lane, Putney	3	Flat
£3,200	09/24	0.62 mi	Putney Hill, London	3	Flat

Local Area Statistics

Population in SW15	60,34460,344
Population in London	4,771,9214,771,921
Town centre distance	7.29 miles away7.29 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.71 miles away0.71 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

Listed for £600,000

December 24, 2024

Sold for £249,000

2006

Description

Period Conversion +
Prime West Putney +
Sought After Residential Road +
Spacious Accommodation +
Three Bedrooms +
Reception Room +
Kitchen +
Family Bathroom +
Planning Consent to Extend +

Situated on the top floor of this period building, the flat has a fantastic sense of space with generously sized and extremely flexible internal accommodation. There are three well-proportioned bedrooms, a reception room, semi-open plan kitchen, along with a family bathroom and separate W.C. Being on the top floor of the building, there is a large amount of very useful eaves storage, which the current owners have been granted planning permission to utilise further. The consent in place is to extend into the eaves to create another bedroom, along with the installation of new dormer windows. Full details can be found on the Wandsworth Council planning website, application number: 2023/0876.

Situation

Luttrell Avenue is an ever popular, wide residential road in highly sought after, West Putney. This quiet street is a short distance from the Upper Richmond Road and approximately 0.8 miles from Putney High Street, where there are nearby transport links from Putney High Street and East Putney tube station. There are also very good road links from the area, with the A3 providing access out of London.

Agent Details

Hamptons, Putney

020 3869 5957

Next Steps?

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