2 Bed Bungalow, Single Let, London, SW2 1QB, £850,000

Brixton Water Lane, London, SW2 1QB - 2 months ago

BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£455K - £1.2M
Sold Prices/m²£5.7K/m² - £12.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£12.5K/m²

Value Estimate

£619,191

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Total Cash In

£269,200

 

 

Cash Out

 

Rent Range

£1,700 - £3,900

Rent Estimate

£1,798

Running Costs/mo

£3,036

Cashflow/mo

£-1,238

Cashflow/yr

£-14,854

Gross Yield

3%

Local Sold Prices

30 sold prices from £455K to £1.2M, average is £717.5K. £5.7K/m² to £12.5K/m², average is £9.1K/m².

PriceDateDistanceAddressBeds 
£901K05/210.17 mi18, Barnwell Road, London, Greater London SW2 1PW2
£552.2K10/210.26 mi1c, Dray Gardens, London, Greater London SW2 1SL2
£605K11/200.39 mi199, Milkwood Road, London, Greater London SE24 0JE2
£546K02/230.48 mi3, James Joyce Walk, London, Greater London SE24 0QT2
£845.5K06/230.48 mi41, Elm Park, London, Greater London SW2 2TX2
£850K01/210.48 mi53, Elm Park, London, Greater London SW2 2TX2
£700K07/230.51 mi16, Merredene Street, London, Greater London SW2 2AG2
£855K06/210.53 mi22, Archbishops Place, London, Greater London SW2 2AJ2
£535K12/220.56 mi58, Belvedere Place, London, Greater London SW2 5TD2
£795K11/200.61 mi286, Croxted Road, London, Greater London SE24 9DA2
£725K03/230.64 mi57a, Strathleven Road, London, Greater London SW2 5JS2
£877K04/210.69 mi174, Ferndale Road, London, Greater London SW9 8AL2
£810K12/220.71 mi74, Hinton Road, London, Greater London SE24 0HU2
£650K03/210.71 mi50, Lyham Road, London, Greater London SW2 5QA2
£610K08/210.76 mi120, Upper Tulse Hill, London, Greater London SW2 2RR2
£651K05/230.78 mi95, Solon Road, London, Greater London SW2 5UX2
£910K07/230.81 mi50, Hetherington Road, London, Greater London SW4 7PA2
£760K01/230.82 mi1, Appleby Mews, London, Greater London SW2 1HR2
£1.0M08/220.82 mi216, Acre Lane, London, Greater London SW2 5UG2
£490K04/210.85 mi21, Combermere Road, London, Greater London SW9 9QT2
£780K08/230.85 mi21, Combermere Road, London, Greater London SW9 9QT2
£840K06/210.87 mi5, Combermere Road, London, Greater London SW9 9QG2
£705K04/230.88 mi51, Willington Road, London, Greater London SW9 9NB2
£840K06/210.88 mi5, Combermere Road, London, Greater London SW9 9QG2
£628.3K11/200.89 mi5, Felmersham Close, London, Greater London SW4 7ES2
£530K01/210.89 mi7, Felmersham Close, London, Greater London SW4 7ES2
£635K03/210.91 miSouth Cottage, Walliss Cottages, London, Greater London SW2 4ER2
£710K11/220.92 mi322b, Brixton Road, London, Greater London SW9 7AA2
£1.2M06/210.93 mi2, Tasman Road, London, Greater London SW9 9LT2
£455K03/230.96 mi21, Britannia Close, London, Greater London SW4 7NN2

Local Rents

49 rents from £1.7K/mo to £3.9K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£3,00009/240 miBrixton Water Lane, London, SW22
£2,00009/240.02 mi-2
£2,20001/250.03 mi-2
£2,30008/240.06 miDulwich Road, London, , SE24 0PA2
£1,77509/240.07 miMorval Road, London, SW22
£1,70009/240.1 miBrixton Water Lane, London, SW22
£2,60008/240.11 miDulwich Road London SE242
£2,40008/240.11 miDulwich Road London SE242
£1,90009/240.11 miBrailsford Road, London, SW22
£1,85008/240.11 miDulwich Road, London, SE242
£2,20008/240.11 miDulwich Road, Herne Hill2
£1,80011/240.11 mi-2
£2,10003/250.11 mi-2
£2,42008/240.12 mi-2
£2,42008/240.12 miDulwich Road, London, SE242
£2,10208/240.13 miChaucer Road, Herne Hill2
£2,05809/240.13 miTulse Hill, London2
£1,90009/240.13 miBrailsford Road, Brixton2
£2,00009/240.13 mi-2
£2,00009/240.13 miTulse Hill Brixton SW22
£1,95008/240.14 miSpenser Road, SE242
£2,20008/240.14 miChaucer Road London SE242
£2,40008/240.15 mi-2
£2,40008/240.15 mi-2
£2,40008/240.15 mi-2
£2,40008/240.15 mi-2
£2,25008/240.15 mi-2
£2,20010/240.15 mi-2
£3,90009/240.15 mi-2
£2,30011/240.15 mi-2
£2,30001/250.15 mi-2
£2,25002/250.16 mi-2
£2,40009/240.16 mi-2
£2,65001/250.16 mi-2
£1,85008/240.16 miDulwich Road, Herne Hill, London, SE24 0NJ2
£1,80011/240.16 mi-2
£1,90001/250.17 mi-2
£2,40009/240.17 mi-2
£2,19709/240.17 miBrailsford Rd, SW22
£1,95009/240.17 miArlingford Road, London, SW22
£2,40011/240.18 mi-2
£2,45003/250.19 mi-2
£3,00010/240.2 mi-2
£3,50011/240.2 mi-2
£3,10003/250.2 mi-2
£3,00009/240.22 mi-2
£2,85009/240.22 mi-2
£2,30009/240.22 mi-2
£2,45011/240.22 mi-2

Local Area Statistics

Population in SW2

54,204

Population in London

4,771,921

Town centre distance

5.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

-1%

Property History

Listed for £850,000

January 22, 2025

Floor Plans

Description

  • Private entrance and secluded setting +
  • Large open-plan reception/dining room +
  • Fully equipped modern kitchen +
  • Two generously sized double bedrooms +
  • Recently renovated bathroom +
  • Substantial wrap-around private garden +
  • Off-street parking +
  • Close to Brixton and Herne Hill amenities +

Nestled in a sought-after location between Brixton and Herne Hill, this hidden gem offers a private sanctuary complete with off-street parking, a substantial private garden, and its own entrance. Combining charm and practicality, this ground-floor home is perfectly suited for those seeking a spacious and versatile living space with easy access to vibrant local amenities.

Upon entering, the property unveils a large open-plan reception and dining room, flooded with natural light thanks to its dual-aspect windows and skylights. This flexible space serves as an ideal setting for both entertaining and relaxing. Adjacent, the fully equipped kitchen boasts ample storage, a stylish range cooker, dishwasher, fridge-freezer, and washing machine, ensuring convenience and style in equal measure.

Towards the rear, two generously proportioned double bedrooms await. The principal bedroom features fitted wardrobes and enjoys dual-aspect views of the wrap-around garden, creating a serene retreat. The recently renovated bathroom complements the home with a sleek design, including a bath with overhead and handheld showers, a contemporary wash basin, and a WC. A new boiler adds modern efficiency.

This property benefits from its proximity to the thriving hubs of Brixton and Herne Hill, with an array of restaurants, cafes, and markets within walking distance. Nearby Brockwell Park and its iconic lido provide green spaces for recreation. Families will appreciate the reputable primary schools and nurseries close by. Commuters are well-served with excellent train and tube links from Herne Hill and Brixton stations, alongside reliable bus services right outside the property.

Agent Details

Winkworth, Herne Hill

020 3889 1418

Next Steps?

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