2 Bed Flat, Single Let, London, SW8 2AH £375,000

Shipley House, Albion Avenue, SW8 2AH - 14 views - 10 months ago
Under Offer
Leasehold
BTL
~59 m²
Property image
Property image

ValuationUndervalued

Sold Prices£262K - £950K
Sold Prices/m²£4.7K/m² - £15.7K/m²

 

 

Square Metres

~59 m²
Price/m²£6.4K/m²

Value Estimate

£457,966
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£122,450

 

 

Cash Out

 

Rent Range

£461 - £3,500

Rent Estimate

£476

Running Costs/mo

£1,287

Cashflow/mo

£-811

Cashflow/yr

£-9,733

Gross Yield

2%

Local Sold Prices

50 sold prices from £262K to £950K, average is £485K. £4.7K/m² to £15.7K/m², average is £7.8K/m².

Price
Date
Distance
Address
Beds
 
£355K10/230.03 miFlat 10, Stanley House, Albion Avenue, London, Greater London SW8 2AW2
£550K06/210.03 miFirst Floor Flat, 70, Killyon Road, London, Greater London SW8 2XT2
£723.5K12/230.03 miFlat A, 74, Killyon Road, London, Greater London SW8 2XT2
£452.5K09/210.03 miFlat 12a, Mordaunt House, Albion Avenue, London, Greater London SW8 2AL2
£380K10/230.06 miFlat 2, Effingham House, Albion Avenue, London, Greater London SW8 2AP2
£447K01/250.06 miEffingham House, 9, Albion Avenue, London SW8 2AP2
£417K05/250.06 mi2, Effingham House, Albion Avenue, London SW8 2AP2
£465K07/230.06 miFirst Floor Flat, 51, Killyon Road, London, Greater London SW8 2XS2
£370K10/230.06 miFlat 2, Lucas House, Albion Avenue, London, Greater London SW8 2AD2
£390K04/240.06 miLucas House, Flat 5, Albion Avenue, London, Greater London SW8 2AD2
£420K03/250.08 miHarcourt House, 3, Albion Avenue, London SW8 2AB2
£395K10/230.08 miFlat 2, Wilson House, Albion Avenue, London, Greater London SW8 2AS2
£485K04/230.09 mi507b, Wandsworth Road, London, Greater London SW8 4NY2
£388.8K08/230.09 miFlat 19, Colchester House, Union Grove, London, Greater London SW8 2RD2
£370K06/210.11 miFlat 57, Brocket House, Union Road, London, Greater London SW8 2RE2
£355K10/230.11 miFlat 60, Brocket House, Union Grove, London, Greater London SW8 2RE2
£610K04/230.12 miSecond Floor Flat, 59, Larkhall Rise, London, Greater London SW4 6HT2
£485K04/240.13 mi59, Brayburne Avenue, London SW4 6AB2
£340K05/230.14 miFlat 33, Farnley House, Union Grove, London, Greater London SW8 2RT2
£500K05/230.14 miFlat B, 16, Netherford Road, London, Greater London SW4 6AE2
£660K06/210.16 miFlat A, 16, Netherford Road, London, Greater London SW4 6AE2
£625K03/250.17 miFlat 4, 563, Wandsworth Road, London SW8 3JD2
£318K01/230.18 miFlat 18, Croxteth House, Wandsworth Road, London, Greater London SW8 2RX2
£360K06/230.19 miFlat 10, Kneller House, Union Grove, London, Greater London SW8 2RR2
£520K04/230.2 miFlat D, 80, Union Road, London, Greater London SW4 6JU2
£275K03/230.2 miFlat 62, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF2
£262K07/230.2 miFlat 48, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF2
£376.5K06/250.23 mi35, Hindlip House, Wandsworth Road, London SW8 2RW2
£376.5K06/250.23 mi35, Hindlip House, Wandsworth Road, London SW8 2RW2
£426K04/230.24 mi30, Cubitt Terrace, London, Greater London SW4 6AR2
£950K06/230.24 miGround Floor Flat, 4, Cubitt Terrace, London, Greater London SW4 6AR2
£520K06/230.26 miFlat 197, Elmhurst Mansions, Edgeley Road, London, Greater London SW4 6HA2
£585K07/230.26 miFlat 121, Elmhurst Mansions, Edgeley Road, London, Greater London SW4 6EX2
£585K02/240.28 mi104, Littlebury Road, London SW4 6DN2
£550K09/230.28 mi2, Chelsham Road, London, Greater London SW4 6NP2
£875K01/250.29 mi14, Fitzwilliam Road, London SW4 0DN2
£423.5K12/230.32 miFlat B, 59, Gauden Road, London, Greater London SW4 6LL2
£565K08/230.34 mi42, Stane Grove, London, Greater London SW9 9AL2
£512.5K07/230.35 mi7, Houghton Square, London, Greater London SW9 9AN2
£720K08/250.35 mi21, Littlebury Road, London SW4 6DW2
£415K10/230.35 miFlat 11, Towns House, Clapham Road Estate, London, Greater London SW4 6NB2
£700K04/240.36 mi689, Basement And Ground Floor Flat, Wandsworth Road, London SW8 3JE2
£792.6K09/230.36 mi70a, North Street, London, Greater London SW4 0HE2
£731K11/230.36 mi70, North Street, London, Greater London SW4 0HE2
£662.5K02/230.39 mi7a, North Street, London, Greater London SW4 0HN2
£450K09/210.39 miFlat 12, Clarke House, North Street, London, Greater London SW4 0HR2
£565K06/210.39 mi25, Jeffreys Road, London SW4 6QU2
£540K03/250.42 mi212, Flat 50, Wandsworth Road, London SW8 2BP2
£635K08/250.42 miFlat 4, 140-144, Clapham Manor Street, London SW4 6BX2
£546.3K03/250.42 mi2, Flat 16, Bicycle Mews, London SW4 6FE2

Local Rents

50 rents from £461/mo to £3.5K/mo, average is £2.2K/mo.

Rent
Date
Distance
Address
Beds
 
£2,00007/250.01 miAlbion Avenue, London, SW82
£2,00007/250.01 mi-2
£2,00009/240.02 miNaylor House, Albion Avenue, London, SW82
£1,95009/240.03 miKillyon Road2
£2,75009/240.03 miKillyon Road, Clapham Old Town2
£2,35005/250.03 miKillyon Road, Clapham2
£2,30010/240.04 mi-2
£2,00011/250.05 miAlbion Avenue, London, SW82
£3,50008/250.05 mi-2
£2,45010/250.06 miAlbion Avenue, London, SW82
£2,75011/250.06 miKillyon Road, London, SW82
£1,90011/250.06 miKillyon Road, Clapham, London2
£49006/250.06 miKillyon Road, Sw82
£2,35011/250.06 miKillyon Road, London, SW82
£2,05009/250.07 miKillyon Road, London, SW82
£2,20010/250.07 miWandsworth Road, London, SW82
£2,25008/250.07 miKillyon Road, Clapham2
£2,25011/250.08 miAlbion Avenue, Clapham2
£1,89503/250.08 mi-2
£2,50011/250.1 miWandsworth Road, London, SW82
£2,40011/250.1 miLarkhall Rise, Clapham SW42
£2,25010/250.1 mi-2
£1,85011/250.1 mi-2
£1,70011/250.11 mi386C Wandsworth Road, London2
£1,90006/250.11 miUnion Grove, LONDON2
£1,90008/250.11 miUnion Grove, LONDON2
£1,79811/250.11 miUnion Grove, Stockwell, 2
£1,90005/250.11 miUnion Grove, LONDON2
£3,25009/240.11 mi-2
£3,10011/250.11 mi-2
£2,90011/250.11 miLarkhall Rise, London, SW42
£2,05009/240.11 mi-2
£2,05006/250.11 mi-2
£2,05006/250.11 miUnion Grove, London, SW82
£2,40008/250.12 miWandsworth Road, London2
£2,00009/240.12 miWandsworth Road, SW82
£2,35011/250.12 miBrayburne Avenue, Clapham SW42
£3,25003/250.12 mi-2
£2,00011/250.12 miClive House, Union Grove, SW82
£2,00011/250.12 miUnion Grove, Clapham2
£2,40005/250.12 miCorben Mews, Nine Elms, London, SW82
£69207/250.12 miLarkhall Rise, SW42
£2,00011/250.13 miClyston Street, Clapham, London, SW82
£2,20009/240.13 mi-2
£2,30010/250.13 mi-2
£46106/250.13 miCorben Mews, SW82
£2,25009/250.13 miBrayburne Avenue, Clapham Town, SW42
£2,50009/250.13 miBrayburne Avenue, Clapham, SW42
£2,50008/250.13 miUnion Road, London, SW82
£2,75009/240.13 mi-2

Local Area Statistics

Population in SW8

35,138

Population in London

4,771,921

Town centre distance

4.22 miles away

Nearest school

0.30 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

-4%

Property History

Listed for £375,000

January 20, 2025

Floor Plans

Property image

Description

  • Two double bedroom split-level flat +
  • Huge roof terrace - undemised +
  • Rear living room +
  • Modern kitchen and bathroom +
  • Communal gardens +
  • Parking in estate car park and local permit available +
  • No onward chain +
  • Near Clapham North & Stockwell Underground stations +

An impressive two bedroom split-level flat on the third and fourth floors of a Grade 2 listed post-war local authority building in Clapham with access to a large roof terrace with amazing views. GUIDE PRICE - £375,000 - £400,000 LEASEHOLD.

The property is presented in good order with a modern kitchen and bathroom and is situated within easy reach of Clapham North and Stockwell underground stations, Clapham Old Town, Clapham High Street and within minutes of Wandsworth Town Overground station.

Third floor:

Living room: To rear. Cornice. Wood floor. Dimplex electric storage heater.

Kitchen: To front. Corian work surface with inset basin with mixer tap, fitted wall and floor cupboards and drawers, De Dietrich electric induction hob, extractor hood, De Dietrich electric oven, integrated fridge/freezer and dishwasher, Indesit washing machine, island with wood surface and alloy shelves, storage cupboard and tiled floor with underfloor heating.

Fourth floor: Access to roof terrace { undemised }.

Roof terrace: Wood table with four wood chairs. Storage shed. Barbecue.

Bedroom 1: To rear. Wood floor.

Bedroom 2: To front. Wood floor.

Bathroom: Panelled bath with mixer tap, shower attachment, rail and curtain, pedestal wash hand basin with mixer tap, W.C., electric heated towel rail and tiled floor.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Oliver Burn, Clapham

020 3835 3803

Next Steps?

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