2 Bed Flat, Single Let, London, SW9 9AG, £390,000

Clapham Road, London, SW9 9AG - 1 views - 3 months ago

Leasehold

BTL

ROI: 3%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£267K - £1.2M
Sold Prices/m²	£5K/m² - £10.4K/m²

Square Metres	~68.11 m²
Price/m²	£5.7K/m²
Value Estimate	£487,500£487,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£97,500£97,500
Stamp Duty & Legal Fees	£19,900£19,900
Total Cash In	£117,400£117,400

Cash Out
Rent Range	£1,450 - £4,000£1,450 - £4,000
Rent Estimate	£1,863
Running Costs/mo	£1,611£1,611
Cashflow/mo	£252£252
Cashflow/yr	£3,020£3,020
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £267K to £1.2M, average is £415.5K. £5K/m² to £10.4K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£375K	03/21	0.04 mi	Flat 18, Gover Court, Paradise Road, London, Greater London SW4 6QN	-	-	2	Flat
£410K	01/21	0.1 mi	Flat 21, Jephson Court, Studley Road, London, Greater London SW4 6SB	-	-	2	Flat
£370K	09/21	0.1 mi	Flat 22, Enfield House, Stockwell Road, London, Greater London SW9 9HB	-	-	2	Flat
£427K	07/23	0.12 mi	Flat 23, Squires Court, Binfield Road, London, Greater London SW4 6TD	-	-	2	Flat
£345K	04/21	0.14 mi	Flat 44, Acland House, Stockwell Gardens Estate, London, Greater London SW9 9AD	-	-	2	Flat
£360K	08/21	0.15 mi	Flat 5, Mobey Court, Studley Road, London, Greater London SW4 6RS	-	-	2	Flat
£758.8K	07/23	0.17 mi	Flat B, 41, Stockwell Road, London, Greater London SW9 9QB	-	-	2	Flat
£420K	10/23	0.19 mi	93, Stockwell Gardens, London, Greater London SW9 0RZ	£7,636	55	2	Flat
£1.2M	06/21	0.19 mi	6, St Michaels Road, London, Greater London SW9 0SL	£6,154	195	2	Flat
£437K	10/23	0.19 mi	Flat 46, Rusper Court, Clapham Road, London, Greater London SW9 9EQ	-	-	2	Flat
£350K	06/21	0.25 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£565K	08/23	0.25 mi	42, Stane Grove, London, Greater London SW9 9AL	£6,278	90	2	Flat
£680K	02/23	0.25 mi	3, Mayflower Road, London, Greater London SW9 9JY	-	-	2	Flat
£695K	07/23	0.25 mi	Second Floor Flat, 41, Mayflower Road, London, Greater London SW9 9JY	£9,521	73	2	Flat
£410K	06/21	0.27 mi	11, Spencer Mews, London, Greater London SW8 1HF	£9,318	44	2	Flat
£656.3K	02/23	0.28 mi	Ground Floor Flat, 40, Mayflower Road, London, Greater London SW9 9LA	£10,417	63	2	Flat
£470K	06/23	0.28 mi	First Floor Flat, 40b, Mayflower Road, London, Greater London SW9 9LA	-	-	2	Flat
£512.5K	07/23	0.29 mi	7, Houghton Square, London, Greater London SW9 9AN	£6,656	77	2	Flat
£390K	09/23	0.29 mi	Flat A, 3, Atherfold Road, London, Greater London SW9 9LL	-	-	2	Flat
£465K	01/21	0.3 mi	8, Courland Grove, London, Greater London SW8 2PX	£7,154	65	2	Flat
£390K	06/21	0.3 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£370K	02/21	0.3 mi	Flat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£520K	04/23	0.31 mi	Flat D, 80, Union Road, London, Greater London SW4 6JU	-	-	2	Flat
£560K	08/21	0.31 mi	229d, South Lambeth Road, London, Greater London SW8 1XR	-	-	2	Flat
£407.5K	03/21	0.31 mi	Flat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB	-	-	2	Flat
£550K	09/23	0.33 mi	2, Chelsham Road, London, Greater London SW4 6NP	£9,167	60	2	Flat
£505K	03/21	0.33 mi	Ground Floor Flat, 54, Hemberton Road, London, Greater London SW9 9LJ	£9,182	55	2	Flat
£550K	12/21	0.35 mi	80a, Stockwell Park Road, London, Greater London SW9 0BX	£7,488	73	2	Flat
£685K	06/23	0.35 mi	91, Stockwell Park Road, London, Greater London SW9 0DB	£8,671	79	2	Flat
£270K	03/23	0.36 mi	Flat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£270K	11/23	0.36 mi	Flat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW	-	-	2	Flat
£267K	01/23	0.36 mi	Flat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£807.5K	09/21	0.37 mi	79a, Landor Road, London, Greater London SW9 9RT	£10,222	79	2	Flat
£400K	12/20	0.37 mi	Flat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX	-	-	2	Flat
£360K	06/23	0.37 mi	Flat 10, Kneller House, Union Grove, London, Greater London SW8 2RR	-	-	2	Flat
£1.1M	05/21	0.38 mi	18, Tasman Road, London, Greater London SW9 9LT	£7,516	153	2	Flat
£388K	04/23	0.39 mi	Flat 27, Burrow House, Stockwell Park Road, London, Greater London SW9 0UY	-	-	2	Flat
£270K	09/21	0.39 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat
£415K	09/21	0.4 mi	Flat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£375K	09/21	0.4 mi	Flat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£340K	05/23	0.4 mi	Flat 33, Farnley House, Union Grove, London, Greater London SW8 2RT	-	-	2	Flat
£346K	02/23	0.41 mi	95, Hampson Way, London, Greater London SW8 1HX	£5,014	69	2	Flat
£415K	10/23	0.41 mi	Flat 11, Towns House, Clapham Road Estate, London, Greater London SW4 6NB	-	-	2	Flat
£345K	03/21	0.41 mi	Flat 3, Lynde House, Gauden Road, London, Greater London SW4 6LN	-	-	2	Flat
£423.5K	12/23	0.41 mi	Flat B, 59, Gauden Road, London, Greater London SW4 6LL	-	-	2	Flat
£429.5K	07/23	0.43 mi	Ground Floor Flat, 36, Hubert Grove, London, Greater London SW9 9PD	£7,280	59	2	Flat
£416K	07/23	0.43 mi	Flat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£435K	05/23	0.43 mi	Flat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£625K	04/23	0.43 mi	3, Printers Road, London, Greater London SW9 0BH	£7,703	81	2	Flat
£395K	01/21	0.43 mi	Ground Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY	-	-	2	Flat

Local Rents

50 rents from £1.4K/mo to £4K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,375	04/25	0.05 mi	-	2	Flat
£2,000	09/24	0.05 mi	-	2	Flat
£2,350	10/24	0.07 mi	-	2	Flat
£2,002	04/25	0.08 mi	-	2	Flat
£2,405	11/24	0.1 mi	-	2	Flat
£2,297	12/24	0.1 mi	-	2	Flat
£2,100	12/24	0.11 mi	-	2	Flat
£1,995	12/24	0.11 mi	-	2	Flat
£2,600	11/24	0.11 mi	-	2	Flat
£2,600	12/24	0.11 mi	-	2	Flat
£2,383	01/25	0.11 mi	-	2	Flat
£2,595	04/25	0.11 mi	-	2	Flat
£3,200	12/24	0.12 mi	-	2	Flat
£2,649	03/25	0.12 mi	-	2	Flat
£1,800	09/24	0.13 mi	Studley Road London SW4	2	Flat
£3,650	11/24	0.14 mi	-	2	Flat
£2,000	09/24	0.14 mi	Crossford Street, London, SW9	2	Flat
£2,550	10/24	0.15 mi	-	2	Flat
£2,400	04/25	0.15 mi	-	2	Flat
£2,350	12/24	0.17 mi	-	2	Flat
£2,300	09/24	0.17 mi	-	2	Flat
£2,250	10/24	0.17 mi	-	2	Flat
£1,995	11/24	0.18 mi	-	2	Flat
£2,000	02/25	0.18 mi	-	2	Flat
£1,450	11/24	0.19 mi	-	2	Flat
£2,100	09/24	0.19 mi	-	2	Flat
£2,100	10/24	0.19 mi	-	2	Flat
£4,000	01/25	0.2 mi	-	2	Flat
£2,600	09/24	0.21 mi	-	2	Flat
£2,600	09/24	0.21 mi	-	2	Flat
£2,270	04/25	0.21 mi	-	2	Flat
£2,450	02/24	0.21 mi	-	2	Flat
£2,384	09/24	0.21 mi	St Martins Road, Oval, London, SW9	2	Flat
£2,383	09/24	0.22 mi	St Martins Road, London SW9	2	Flat
£2,750	10/24	0.23 mi	-	2	Flat
£2,890	09/24	0.23 mi	Stane Grove, Clapham, SW9	2	Flat
£2,300	04/25	0.24 mi	-	2	Flat
£2,300	02/25	0.24 mi	-	2	Flat
£3,650	09/24	0.24 mi	Larkhall Lane London SW4	2	Flat
£2,000	09/24	0.24 mi	Mayflower Road, London, SW9	2	Flat
£2,750	09/24	0.25 mi	Stane Grove London SW9	2	Flat
£2,318	09/24	0.25 mi	Clapham Road London SW9	2	Flat
£2,150	04/25	0.25 mi	-	2	Flat
£2,150	10/24	0.25 mi	-	2	Flat
£3,000	09/24	0.25 mi	Priory Grove, London, SW8	2	Terraced House
£2,249	09/24	0.26 mi	Clapham Road, London	2	Flat
£2,450	09/24	0.27 mi	Courland Grove, London, SW8	2	Flat
£2,450	09/24	0.27 mi	-	2	House
£2,350	04/25	0.27 mi	-	2	Flat
£2,300	04/25	0.27 mi	-	2	Flat

Local Area Statistics

Population in SW9	42,06742,067
Population in London	4,771,9214,771,921
Town centre distance	4.02 miles away4.02 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+0%+0%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £390,000

January 24, 2025

Floor Plans

Description

Two Double Bedrooms +
Top Floor (3rd) +
No Onward Chain +
Good Condition +
Sought After Location +

SUMMARY
Available for sale with no onward chain is this spacious two double bedroom top floor (3rd) purpose built apartment of sizeable proportions. The property is offered for sale in good internal condition and benefits from two genuine double bedrooms, a fantastic entertaining space and residents parking

DESCRIPTION
Available for sale with no onward chain is this spacious two double bedroom top floor (3rd) purpose built apartment of sizeable proportions. The property is offered for sale in good internal condition and benefits from two genuine double bedrooms of similar size making it ideal for a young professional couple, sharers and siblings alike. There is also fantastic entertaining space and residents parking. Situated in this popular low rise block the property is enviably positioned just 0.1 miles from Stockwell Tube Station (Northern & Victoria Line). Local shops and supermarkets can be found close by and Larkhall Park is also just 0.4 miles away, ideal for those who enjoy being outdoors.

Accommodation comprises an entrance hall with storage, two large double bedrooms, spacious reception room with ample space for a dining table, kitchen and bathroom with separate WC.

Internal viewings are strongly advised.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.