2 Bed Flat, Single Let, London, SW2 3PH £300,000

High Trees, London, SW2 3PH - 5 views - 10 months ago

Leasehold

BTL

ROI: 4%

~63 m²

ValuationUndervalued

Sold Prices	£123.7K - £1.6M
Sold Prices/m²	£3K/m² - £13.8K/m²

Square Metres	~62.71 m²
Price/m²	£4.8K/m²
Value Estimate	£372,000£372,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£18,700£18,700
Total Cash In	£93,700£93,700

Cash Out
Rent Range	£1,550 - £2,500£1,550 - £2,500
Rent Estimate	£1,550
Running Costs/mo	£1,268£1,268
Cashflow/mo	£283£283
Cashflow/yr	£3,390£3,390
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £123.7K to £1.6M, average is £477.5K. £3K/m² to £13.8K/m², average is £7.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£325K	04/25	0.11 mi	1, Saunders House, Tulse Hill, London SW2 3PJ	£5,603	58	2	Flat
£349K	09/21	0.15 mi	28c, Romola Road, London, Greater London SE24 9AZ	-	-	2	Flat
£668.3K	02/25	0.15 mi	26, Ground Floor Flat, Romola Road, London SE24 9AZ	£7,956	84	2	Flat
£490K	06/25	0.16 mi	Flat 3, 22, Romola Road, London SE24 9AZ	-	-	2	Flat
£490K	06/25	0.16 mi	Flat 3, 22, Romola Road, London SE24 9AZ	£4,936	99	2	Flat
£525K	01/25	0.16 mi	56, Flat 3, Romola Road, London SE24 9AZ	£8,607	61	2	Flat
£680K	08/21	0.18 mi	2a, Probyn Road, London, Greater London SW2 3LH	-	-	2	Flat
£447K	03/23	0.19 mi	9c, Deerbrook Road, London, Greater London SE24 9BE	£8,278	54	2	Flat
£382.5K	07/25	0.21 mi	100, Palace Road, London SW2 3JZ	-	-	2	Flat
£1.6M	11/24	0.22 mi	20, Berwyn Road, London SE24 9BD	£8,177	192	2	Flat
£515K	03/25	0.23 mi	60 62, Flat 3, Palace Road, London SW2 3NR	£6,959	74	2	Flat
£250K	03/25	0.24 mi	38, 39 Baly House, Palace Road, London SW2 3EG	£3,247	77	2	Flat
£365K	05/25	0.25 mi	Flat B, 13, Thurlow Park Road, London SE21 8JB	-	-	2	Flat
£425K	03/23	0.25 mi	Ground Floor Flat, 112, Norwood Road, London, Greater London SE24 9BB	£2,972	143	2	Flat
£480K	08/25	0.28 mi	Flat 4, 18, St Faith's Road, London SE21 8JD	-	-	2	Flat
£325K	06/21	0.28 mi	Flat 5, Tebbs House, Upper Tulse Hill, London, Greater London SW2 2PJ	-	-	2	Flat
£480K	03/25	0.28 mi	74, Norwood Road, London SE24 9BB	£5,172	93	2	Flat
£480K	03/25	0.28 mi	74, Norwood Road, London SE24 9BB	-	-	2	Flat
£475K	03/25	0.28 mi	10b, St Faith's Road, London SE21 8JD	-	-	2	Flat
£123.7K	10/24	0.29 mi	303, Flat 2, Norwood Road, London SE24 9AQ	£8,250	15	2	Flat
£495K	03/25	0.3 mi	Flat 4, 31, Trinity Rise, London SW2 2QP	£8,390	59	2	Flat
£415K	03/25	0.3 mi	37 Ducavel House, 2, Palace Road, London SW2 3EB	£5,000	83	2	Flat
£360K	11/21	0.34 mi	21c, Elmcourt Road, London, Greater London SE27 9BX	-	-	2	Flat
£340K	11/22	0.34 mi	Flat 64, Orford Court, Elmcourt Road, London, Greater London SE27 9DB	-	-	2	Flat
£365K	12/24	0.34 mi	Orford Court, 34, Elmcourt Road, London SE27 9DB	£7,935	46	2	Flat
£482.5K	02/25	0.35 mi	2c Pitlochry House, 3, Elmcourt Road, London SE27 9BZ	£7,910	61	2	Flat
£610K	06/21	0.35 mi	30a, Norwood Road, London, Greater London SE24 9BH	-	-	2	Flat
£810K	12/24	0.35 mi	26, Norwood Road, London, Greater London SE24 9BH	£13,844	59	2	Flat
£636.5K	11/21	0.35 mi	38, Trinity Rise, Tulse Hill, London, Greater London SW2 2QR	£9,360	68	2	Flat
£550K	01/25	0.35 mi	21b, Birkbeck Hill, London SE21 8JS	-	-	2	Flat
£360K	03/23	0.36 mi	37b, Thurlow Park Road, London, Greater London SE21 8JP	£6,667	54	2	Flat
£550K	01/25	0.36 mi	21, Ground Floor Flat, Birkbeck Hill, London, Greater London SE21 8JS	£10,000	55	2	Flat
£400K	03/23	0.37 mi	Flat 15, William Brown Court, Norwood Road, London, Greater London SE27 9DD	-	-	2	Flat
£470K	04/23	0.37 mi	225b, Norwood Road, London, Greater London SE24 9AG	-	-	2	Flat
£465K	11/21	0.39 mi	118a, Cricklade Avenue, London, Greater London SW2 3HH	£8,304	56	2	Flat
£450K	03/25	0.39 mi	51, Thurlow Park Road, London SE21 8JP	-	-	2	Flat
£450K	03/25	0.39 mi	51, Thurlow Park Road, London SE21 8JP	£7,500	60	2	Flat
£695K	01/25	0.39 mi	16, Flat 1, Ullswater Road, London SE27 0AL	-	-	2	Flat
£331.5K	06/21	0.39 mi	167b, Knollys Road, London, Greater London SW16 2JP	-	-	2	Flat
£567.5K	08/23	0.4 mi	261, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£13,841	41	2	Flat
£550K	04/23	0.4 mi	197, Barcombe Avenue, Streatham Hill, London, Greater London SW2 3BH	£8,333	66	2	Flat
£465K	12/24	0.42 mi	40, Birkbeck Place, London SE21 8JU	-	-	2	Flat
£576K	10/24	0.43 mi	219, Ground Floor Flat, Norwood Road, London SE24 9AG	£9,600	60	2	Flat
£442.5K	03/25	0.43 mi	First Floor Flat, 46, Birkbeck Place, London SE21 8JU	-	-	2	Flat
£442.5K	03/25	0.43 mi	First Floor Flat, 46, Birkbeck Place, London SE21 8JU	-	-	2	Flat
£400K	11/24	0.43 mi	Lancaster Court, 40, Lancaster Avenue, London SE27 9HU	£7,547	53	2	Flat
£500K	07/25	0.44 mi	Flat A, 124, Knollys Road, London SW16 2JU	-	-	2	Flat
£500K	02/25	0.45 mi	3a Harford Court, Flat 4, Palace Road, London SW2 3DY	£7,692	65	2	Flat
£585K	03/23	0.45 mi	38a, Hitherfield Road, London, Greater London SW16 2LN	-	-	2	Flat
£575K	01/25	0.45 mi	96, Wyatt Park Road, London SW2 3TP	£7,667	75	2	Flat

Local Rents

50 rents from £1.6K/mo to £2.5K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,050	09/24	0.05 mi	Churston Close, Tulse Hill London SW2	2	Flat
£1,800	08/25	0.05 mi	Churston Close, Tulse Hill, London, SW2	2	Flat
£2,200	09/25	0.07 mi	Christchurch Road, Brixton	2	Flat
£2,200	04/25	0.07 mi	-	2	Flat
£2,100	07/25	0.08 mi	Christchurch Road, Tulse Hill	2	Flat
£1,975	07/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,925	08/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,925	08/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,925	09/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,925	09/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,833	09/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£1,833	10/25	0.08 mi	Tulse Hill, London, SW2	2	Flat
£2,000	01/25	0.08 mi	-	2	Flat
£1,550	09/24	0.08 mi	-	2	Flat
£1,700	09/24	0.08 mi	-	2	Flat
£1,550	09/24	0.08 mi	-	2	Flat
£1,700	09/25	0.08 mi	-	2	Flat
£2,500	06/25	0.08 mi	Christchurch Road, London, SW2	2	Flat
£2,500	07/25	0.08 mi	-	2	Flat
£1,850	06/25	0.09 mi	-	2	Flat
£1,850	06/25	0.09 mi	Christchurch Road, London, SW2	2	Flat
£2,000	09/25	0.09 mi	-	2	Flat
£2,000	09/24	0.09 mi	-	2	Flat
£2,250	05/25	0.09 mi	-	2	Flat
£1,975	08/25	0.1 mi	Saunders House, London, SW2	2	Flat
£1,950	10/24	0.1 mi	-	2	Flat
£1,895	09/25	0.1 mi	-	2	Flat
£1,850	02/24	0.1 mi	-	2	Flat
£2,000	10/25	0.1 mi	Christchurch Road, London	2	Flat
£1,850	09/24	0.11 mi	Christchurch Rd, Brixton Hill, London, SW2	2	Flat
£1,800	11/24	0.12 mi	-	2	Flat
£1,800	11/24	0.12 mi	-	2	Flat
£2,500	12/24	0.12 mi	-	2	Flat
£2,500	01/25	0.12 mi	-	2	Flat
£2,500	03/25	0.12 mi	-	2	Flat
£2,500	05/25	0.12 mi	-	2	Flat
£2,000	09/25	0.13 mi	-	2	Flat
£2,000	11/25	0.13 mi	-	2	Flat
£2,000	08/25	0.14 mi	Christchurch Road, London, SW2	2	Flat
£2,000	11/25	0.14 mi	Christchurch Road, London, SW2	2	Flat
£1,800	07/25	0.14 mi	Tulse Hill	2	Flat
£1,900	10/25	0.14 mi	Tulse Hill	2	Flat
£2,350	09/24	0.15 mi	-	2	Flat
£1,798	10/25	0.15 mi	Romola Road, SE24	2	Flat
£1,850	09/24	0.15 mi	Tulse Hill, SW2	2	Flat
£2,000	10/25	0.15 mi	Christchurch Road, Tulse Hill, London, SW2	2	Flat
£2,050	07/25	0.16 mi	-	2	Flat
£2,250	09/24	0.16 mi	-	2	Flat
£1,950	06/25	0.16 mi	Romola Road, Brockwell Park	2	Flat
£1,950	11/25	0.16 mi	Romola Road, Brockwell Park	2	Flat

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	5.98 miles away5.98 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+3%+3%

Property History

Price changed to £300,000

March 4, 2025

Listed for £325,000

January 14, 2025

Floor Plans

Description

Two bedrooms +
Private balcony +
Excellent transport links +
Lift access +
No onward chain +

This charming two-bedroom apartment is situated in a desirable location in the heart of London, offering a perfect blend of comfort and convenience. The property is offered with no onward chain.

The property comprises two double bedrooms, a separate kitchen, a large reception area leading to a private balcony and a family bathroom

Tulse Hill offers excellent transport links, making it a convenient location for commuters and residents alike: Tulse Hill Station services London Victoria, Blackfriars, London bridge, Kings Cross, St Pancras International etc. You have bus connections to nearby areas such as Brixton, Herne Hill, and Dulwich, as well as central London.

This property offers great potential for both investors and homeowners alike, with a prime location and modern amenities.

Agent Details

Stirling Ackroyd Sales, Streatham

020 3879 5197

Next Steps?

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

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