2 Bed Flat, Single Let, London, SW18 1DJ, £550,000

Smugglers Way, London, SW18 1DJ - 3 months ago

Leasehold
BTL
~75 m²
+7 photos

ValuationUndervalued

Sold Prices£306K - £875K
Sold Prices/m²£5.7K/m² - £12.8K/m²

 

 

Square Metres

~74.70 m²
Price/m²£7.4K/m²

Value Estimate

£646,980
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Rent Range

£1,950 - £4,000

Rent Estimate

£2,250

Running Costs/mo

£2,189

Cashflow/mo

£61

Cashflow/yr

£735

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £306K to £875K, average is £564K. £5.7K/m² to £12.8K/m², average is £8.7K/m².

PriceDateDistanceAddressBeds 
£460K08/230.01 miFlat 129, Compass House, Smugglers Way, London, Greater London SW18 1DB2
£575K03/240.01 miCompass House, Flat 208, Smugglers Way, London, Greater London SW18 1DQ2
£722K06/230.01 miFlat 133, Compass House, Smugglers Way, London, Greater London SW18 1DB2
£568K08/210.03 miFlat 185, Compass House, Smugglers Way, London, Greater London SW18 1DJ2
£475K10/230.03 miFlat 94, Dolphin House, Smugglers Way, London, Greater London SW18 1DG2
£540K11/200.03 miFlat 83, Dolphin House, Smugglers Way, London, Greater London SW18 1DG2
£515K07/230.03 miFlat 243, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£520K06/230.03 miFlat 247, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£495K06/210.03 miFlat 10, Dolphin House, Smugglers Way, London, Greater London SW18 1DE2
£610K08/210.04 mi1, Nickols Walk, London, Greater London SW18 1BZ2
£500K06/210.04 miFlat 244, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£490K04/230.06 miFlat 352, Anchor House, Smugglers Way, London, Greater London SW18 1EL2
£470K11/200.06 miFlat 432, Anchor House, Smugglers Way, London, Greater London SW18 1EX2
£535K10/230.07 miFlat 390, Anchor House, Smugglers Way, London, Greater London SW18 1EN2
£420K04/230.23 miFlat 26, Block 3, Philpot Square, London, Greater London SW6 3HX2
£765K06/210.23 mi24, Ebner Street, London, Greater London SW18 1BT2
£735K06/210.27 miFirst Floor Flat, 12, Dymock Street, Fulham, London, Greater London SW6 3HA2
£690K12/230.28 miGround Floor Flat, 24, Dymock Street, Fulham, London, Greater London SW6 3HA2
£595K04/230.29 mi195, Carnwath Road, London, Greater London SW6 3EJ2
£477.5K03/230.34 mi13b, Alma Road, London, Greater London SW18 1AA2
£372K06/210.34 mi24, Nantes Close, London, Greater London SW18 1JL2
£765K11/230.36 miFirst And Second Floor Flat, 5, Hamble Street, London, Greater London SW6 2RT2
£610K01/210.37 mi20, Wynter Street, London, Greater London SW11 2TZ2
£434.3K07/230.38 mi50, Fairfield Drive, London, Greater London SW18 1DL2
£341.3K05/230.39 miFlat 213, Chalmers House, York Road, London, Greater London SW11 3QT2
£420K02/210.42 mi27, Turenne Close, London, Greater London SW18 1JN2
£605K09/210.43 mi85a, Stephendale Road, London, Greater London SW6 2LT2
£570K01/210.43 mi35b, Stephendale Road, London, Greater London SW6 2LT2
£721.3K07/230.44 mi20a, Edenvale Street, London, Greater London SW6 2SF2
£695K07/230.45 miFlat 13, Molasses House, Clove Hitch Quay, London, Greater London SW11 3TN2
£675K07/230.45 mi106, Townmead Road, London, Greater London SW6 2SG2
£430K02/230.46 miFlat 21, Tower Court, Frogmore, London, Greater London SW18 1HL2
£470K01/210.48 mi24, Spanish Road, London, Greater London SW18 2HY2
£610K06/210.48 miFlat 142, Watermans Quay, William Morris Way, London, Greater London SW6 2UW2
£635K03/230.48 miFlat 135, Watermans Quay, William Morris Way, London, Greater London SW6 2UW2
£595K09/230.48 mi37b, Rosebury Road, London, Greater London SW6 2NQ2
£400K03/230.51 miFlat 13, Alexander Court, Wandsworth Common West Side, London, Greater London SW18 2EJ2
£750K03/210.51 miFlat 69, Watermans Quay, William Morris Way, London, Greater London SW6 2UU2
£875K03/230.52 mi29b, Oakbury Road, London, Greater London SW6 2NN2
£635K03/230.53 mi184a - 184b, St Ann's Hill, London, Greater London SW18 2RT2
£810K10/230.53 mi111, Stephendale Road, London, Greater London SW6 2PS2
£695K04/240.53 miFerrymans Quay, Flat 3, William Morris Way, London, Greater London SW6 2UT2
£560K02/210.53 mi146a, Townmead Road, London, Greater London SW6 2RH2
£650K04/230.54 miGround Floor Flat, 16, Byam Street, London, Greater London SW6 2RF2
£560K05/230.54 miFlat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST2
£306K01/210.54 miFlat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT2
£776K01/240.55 mi9c, Louvaine Road, London, Greater London SW11 2AQ2
£510K04/210.55 mi3, St Anns Crescent, London, Greater London SW18 2ND2
£500K02/210.56 mi3a, Cologne Road, London, Greater London SW11 2AH2
£355K08/230.56 mi107, Ericcson Close, London, Greater London SW18 1SQ2

Local Rents

50 rents from £1.9K/mo to £4K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,25012/240 mi-2
£2,79909/240 miSmugglers Way, London, SW182
£2,30009/240.01 miCompass House, Riverside West2
£2,20009/240.01 miCompass House, Smugglers Way2
£2,25009/240.01 miCompass House, Smugglers Way2
£2,35009/240.01 miSmugglers Way, SW182
£2,42709/240.01 miRiverside West, Smugglers Way, SW182
£2,40003/250.01 mi-2
£2,40003/250.01 mi-2
£2,20003/250.01 mi-2
£2,40003/250.01 mi-2
£2,75002/250.01 mi-2
£2,60009/240.02 miDolphin House, Putney, London, SW182
£2,50002/240.03 mi-2
£2,30009/240.03 miRiverside West, Smugglers Way, SW182
£2,40003/250.03 mi-2
£2,50009/240.03 miSmugglers Way, Battersea2
£2,73109/240.03 miNew Acres, Wandsworth, SW182
£2,73109/240.03 miNew Acres, Wandsworth, SW182
£2,75009/240.04 miSmugglers Way, Riverside West2
£2,40003/250.04 mi-2
£2,25009/240.05 miSmugglers Way, Wandsworth2
£2,50004/250.06 mi-2
£1,95002/240.06 mi-2
£2,60004/250.06 mi-2
£2,35009/240.07 miAnchor House, Riverside West2
£2,25009/240.07 mi-2
£2,40010/240.07 mi-2
£2,00002/240.08 mi-2
£2,64002/240.08 mi-2
£2,75009/240.09 miNew Acres, Wandsworth, SW182
£2,80009/240.11 miNew Acres, Wandsworth, SW182
£2,90009/240.12 miNew Acres, Wandsworth, SW182
£3,20009/240.14 miAscensis Tower, Battersea Reach2
£2,90009/240.16 miQuarter House, Battersea Reach2
£3,00002/250.16 mi-2
£2,80009/240.18 miThe Pinnacle, Battersea Reach2
£2,90009/240.18 miJuniper Drive, Battersea Reach2
£2,89909/240.18 miJuniper Drive, Battersea2
£2,89909/240.18 miJuniper Drive, Battersea2
£2,90009/240.18 mi-2
£2,60010/240.18 mi-2
£2,45010/240.19 mi-2
£3,40009/240.19 miTrafalgar House, Battersea Reach, Wandsworth Town, London, SW182
£2,39609/240.19 miBaltimore House, Juniper Drive, London, SW182
£2,55010/240.19 mi-2
£4,00004/250.19 mi-2
£2,70001/250.2 mi-2
£2,75010/240.22 mi-2
£2,80012/240.22 mi-2

Local Area Statistics

Population in SW18

59,806

Population in London

4,771,921

Town centre distance

5.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+3%

Property History

Price changed to £550,000

March 20, 2025

Price changed to £575,000

February 16, 2025

Listed for £600,000

January 6, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Two Bathrooms +
  • Fifth Floor +
  • River View +
  • Concierge +
  • West Facing Balcony +

This fantastic fifth floor, two-bedroom, two-bathroom apartment offers spacious and luxurious living, right on the river Thames. The front door opens onto a spacious hall with a handy storage cupboard. Coming off the hall are the two generous double bedrooms both with fitted wardrobes, and access to their own bathroom, with the primary room having an en-suite shower. There is also a large and bright living room with sliding doors to the apartment’s private balcony, which is expansive, and boasts stunning direct views of the river. The modern 'U' shaped kitchen offers ample storage in a stylish finish with fully integrated appliances and opens directly onto the living area. There is also access to the well-maintained common grounds and Thames pathways.

Compass House is part of the popular Riverside West development. There is convenient access to Wandsworth Town train station and the Thames Clipper service from the nearby Wandsworth Riverside Quarter pier. The development offers amenities including a 24 hour concierge, secure underground parking, on site Virgin Active gym.”
Council Tax Band- F

Agent Details

Marsh & Parsons, Battersea

020 7228 9292

Next Steps?

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