2 Bed Flat, Planning Permission, London, SW15 1JZ, £650,000

Rotherwood Road, London, SW15 1JZ - 3 views - 3 months ago

Sold STC

Leasehold

Planning

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£325K - £1.8M
Sold Prices/m²	£5.4K/m² - £18.3K/m²

Square Metres	~68.11 m²
Price/m²	£9.5K/m²
Value Estimate	£691,914£691,914
BMV	6%

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£162,500£162,500
Stamp Duty & Legal Fees	£40,700£40,700
Total Cash In	£203,200£203,200

Cash Out
Rent Range	£1,600 - £3,150£1,600 - £3,150
Rent Estimate	£1,850
Running Costs/mo	£2,421£2,421
Cashflow/mo	£-571£-571
Cashflow/yr	£-6,855£-6,855
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £325K to £1.8M, average is £645K. £5.4K/m² to £18.3K/m², average is £10.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.3M	01/21	0.04 mi	35, Rotherwood Road, London, Greater London SW15 1LA	£8,480	148	2	Flat
£762.5K	06/23	0.04 mi	49a, Rotherwood Road, London, Greater London SW15 1LA	-	-	2	Flat
£650K	09/23	0.07 mi	First Floor Flat, 35, Bendemeer Road, London, Greater London SW15 1JX	£8,784	74	2	Flat
£725K	06/21	0.16 mi	2, Salvin Road, London, Greater London SW15 1DR	£10,821	67	2	Flat
£600K	04/23	0.17 mi	13b, Stanbridge Road, London, Greater London SW15 1DX	£13,043	46	2	Flat
£635K	12/20	0.17 mi	15b, Stanbridge Road, London, Greater London SW15 1DX	£10,410	61	2	Flat
£1.3M	02/21	0.19 mi	4, Weiss Road, London, Greater London SW15 1DH	£8,803	142	2	Flat
£645K	04/21	0.19 mi	16b, Weiss Road, London, Greater London SW15 1DH	-	-	2	Flat
£325K	06/23	0.19 mi	Basement Flat, 37, Lower Richmond Road, London, Greater London SW15 1ET	£5,417	60	2	Flat
£660K	11/21	0.21 mi	Lower Maisonette, 121, Felsham Road, London, Greater London SW15 1BA	-	-	2	Flat
£645K	06/21	0.24 mi	Flat B, 172, Lower Richmond Road, Putney, London, Greater London SW15 1LY	£11,872	54	2	Flat
£517K	11/21	0.28 mi	Flat 54, Lockyer House, The Platt, London, Greater London SW15 1EE	-	-	2	Flat
£385K	01/21	0.29 mi	Flat 11, Faulkner House, Horne Way, London, Greater London SW15 1HT	-	-	2	Flat
£710K	04/23	0.3 mi	Flat 93, Kenilworth Court, Lower Richmond Road, London, Greater London SW15 1HA	-	-	2	Flat
£525K	04/23	0.32 mi	Flat 5, Common View, Putney Common, London, Greater London SW15 1HN	-	-	2	Flat
£520K	02/23	0.32 mi	Flat 8, Common View, Putney Common, London, Greater London SW15 1HN	-	-	2	Flat
£1.0M	11/21	0.33 mi	70, Doneraile Street, London, Greater London SW6 6EP	-	-	2	Flat
£945K	10/23	0.33 mi	Flat 66, Kenilworth Court, Lower Richmond Road, London, Greater London SW15 1EN	-	-	2	Flat
£1.8M	09/21	0.33 mi	22, Erpingham Road, London, Greater London SW15 1BG	£10,575	174	2	Flat
£375K	12/20	0.35 mi	Flat 7, Crown Court, Lacy Road, London, Greater London SW15 1NS	-	-	2	Flat
£522.8K	07/23	0.36 mi	Flat 5, Richmond Mansions, Lower Richmond Road, London, Greater London SW15 1EL	-	-	2	Flat
£526K	06/21	0.36 mi	Flat 2, Cambridge House, Weimar Street, London, Greater London SW15 1SX	-	-	2	Flat
£535K	06/21	0.4 mi	24a, Quill Lane, London, Greater London SW15 1PD	£9,907	54	2	Flat
£730K	03/21	0.41 mi	Flat 4, Bishops Mansions, Bishops Park Road, London, Greater London SW6 6DZ	-	-	2	Flat
£585K	09/23	0.47 mi	Flat 2, Mercury Mansions, Dryburgh Road, London, Greater London SW15 1BT	-	-	2	Flat
£800K	06/21	0.5 mi	Ground Floor Flat, 57, Woodlawn Road, London, Greater London SW6 6PS	£13,793	58	2	Flat
£620K	02/23	0.52 mi	Flat 47, Waldemar Avenue Mansions, Waldemar Avenue, London, Greater London SW6 5LX	-	-	2	Flat
£640K	09/21	0.53 mi	Ground Floor Flat, 20, Carmalt Gardens, London, Greater London SW15 6NE	£12,075	53	2	Flat
£405K	05/23	0.53 mi	24, Isis Close, Putney, London, Greater London SW15 6JY	£7,066	57	2	Flat
£720K	06/21	0.54 mi	5, Rigault Road, London, Greater London SW6 4JJ	£12,414	58	2	Flat
£635K	12/20	0.54 mi	Flat 37, Waldemar Avenue Mansions, Waldemar Avenue, London, Greater London SW6 5LT	-	-	2	Flat
£637.5K	03/23	0.55 mi	Flat 6, Waldemar Avenue Mansions, Waldemar Avenue, London, Greater London SW6 5LT	-	-	2	Flat
£650K	02/24	0.55 mi	Waldemar Avenue Mansions, Flat 20, Waldemar Avenue, London, Greater London SW6 5LT	£9,286	70	2	Flat
£495K	04/21	0.57 mi	10, Atney Road, London, Greater London SW15 2PS	-	-	2	Flat
£780K	04/23	0.57 mi	Flat 73, Hurlingham Court, Ranelagh Gardens, London, Greater London SW6 3UR	-	-	2	Flat
£550K	03/23	0.57 mi	1, Queens Gate Gardens, London, Greater London SW15 6JN	£6,554	84	2	Flat
£700K	11/23	0.57 mi	128, Wardo Avenue, Fulham, London, Greater London SW6 6RD	£11,111	63	2	Flat
£1.2M	09/23	0.59 mi	Flat 7, Hurlingham Court, Ranelagh Gardens, London, Greater London SW6 3SH	-	-	2	Flat
£465.8K	05/23	0.6 mi	29d, Werter Road, London, Greater London SW15 2LL	-	-	2	Flat
£880K	06/21	0.61 mi	30, Werter Road, London, Greater London SW15 2LJ	£8,864	99	2	Flat
£450K	06/21	0.62 mi	18, St Marys Grove, London, Greater London SW13 0JA	£8,016	56	2	Flat
£605K	08/23	0.64 mi	The Ground Floor Flat, 48, Colehill Lane, London, Greater London SW6 5EG	-	-	2	Flat
£765K	08/23	0.64 mi	Upper Floor Flat, 14, Colehill Lane, London, Greater London SW6 5EG	-	-	2	Flat
£640K	11/20	0.64 mi	First Floor Flat, 9, Kenyon Street, London, Greater London SW6 6JZ	£7,191	89	2	Flat
£1.1M	12/20	0.66 mi	41, Wardo Avenue, Fulham, London, Greater London SW6 6RA	£13,261	84	2	Flat
£910K	06/21	0.66 mi	41, Wardo Avenue, Fulham, London, Greater London SW6 6RA	£10,774	84	2	Flat
£1.2M	12/23	0.66 mi	29a, Wardo Avenue, Fulham, London, Greater London SW6 6RA	£12,446	95	2	Flat
£700K	01/24	0.66 mi	2a, Colinette Road, London, Greater London SW15 6QQ	£6,422	109	2	Flat
£1.1M	02/23	0.66 mi	46, Wardo Avenue, Fulham, London, Greater London SW6 6RE	£18,254	63	2	Flat
£610K	03/21	0.67 mi	Flat G, 6, Vera Road, London, Greater London SW6 6RN	£6,703	91	2	Flat

Local Rents

50 rents from £1.6K/mo to £3.1K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,150	09/24	0.05 mi	Bendemeer Road, Putney, London	2	Flat
£3,150	09/24	0.07 mi	Putney, London	2	Flat
£2,430	01/25	0.12 mi	-	2	Flat
£1,850	09/24	0.15 mi	Danemere Street, Putney	2	Flat
£2,500	09/24	0.18 mi	Lower Richmond Road Putney SW15	2	Flat
£2,350	09/24	0.18 mi	Lower Richmond Road (LC408), Putney, SW15	2	Flat
£2,000	09/24	0.18 mi	Felsham Road West Putney SW15	2	Flat
£1,600	09/24	0.19 mi	-	2	Flat
£2,500	09/24	0.21 mi	Felsham Road, Putney	2	Flat
£2,250	02/24	0.21 mi	-	2	Flat
£2,800	09/24	0.22 mi	Felsham Road, West Putney, London, SW15	2	Flat
£2,550	04/25	0.24 mi	-	2	Flat
£2,450	02/25	0.25 mi	-	2	Flat
£2,600	09/24	0.25 mi	-	2	Flat
£2,495	03/25	0.28 mi	-	2	Flat
£2,250	09/24	0.28 mi	-	2	Flat
£1,900	01/25	0.29 mi	-	2	Flat
£2,100	02/25	0.29 mi	-	2	Flat
£2,400	09/24	0.31 mi	-	2	Flat
£2,850	02/25	0.31 mi	-	2	Flat
£2,495	09/24	0.33 mi	Lacy Road, Putney	2	Flat
£2,500	09/24	0.34 mi	-	2	Terraced House
£2,500	09/24	0.34 mi	Olivette Street, London, SW15	2	Terraced House
£1,900	02/25	0.35 mi	-	2	Flat
£2,850	09/24	0.35 mi	Olivette Street, West Putney	2	Terraced House
£2,250	09/24	0.36 mi	Lacy Road, London, SW15	2	Flat
£2,095	09/24	0.37 mi	Weimar Street, Putney	2	Flat
£3,033	09/24	0.37 mi	Putney High Street, London	2	Flat
£2,000	09/24	0.37 mi	Weimar Street, Putney, London, SW15	2	Flat
£2,750	03/25	0.37 mi	-	2	Flat
£1,995	09/24	0.37 mi	Weimar Street, Putney	2	Flat
£2,300	09/24	0.38 mi	Clarendon Drive, London, SW15	2	Flat
£2,000	09/24	0.39 mi	Erpingham Road, London	2	Flat
£2,100	09/24	0.4 mi	Putney High Street, London	2	Flat
£2,995	09/24	0.4 mi	-	2	Flat
£2,850	10/24	0.4 mi	-	2	Flat
£2,150	12/24	0.41 mi	-	2	Flat
£1,850	11/24	0.41 mi	-	2	Flat
£2,500	09/24	0.42 mi	Erpingham Road Putney SW15	2	Flat
£2,995	09/24	0.42 mi	-	2	Terraced House
£2,100	09/24	0.43 mi	Fulham High Street London SW6	2	Flat
£3,033	09/24	0.44 mi	Putney High Street, London	2	Flat
£2,925	09/24	0.44 mi	Putney Wharf Tower, Putney, London, SW15	2	Flat
£3,000	09/24	0.45 mi	-	2	Flat
£3,000	09/24	0.45 mi	Putney Wharf, Brewhouse Lane	2	Flat
£2,200	09/24	0.45 mi	Putney High Street, Wandsworth	2	Flat
£1,900	11/24	0.45 mi	-	2	Flat
£3,000	09/24	0.46 mi	Brewhouse Lane, London	2	Flat
£1,950	04/25	0.46 mi	-	2	Flat
£2,578	09/24	0.46 mi	Fulham High Street, London, SW6	2	Flat

Local Area Statistics

Population in SW15	60,34460,344
Population in London	4,771,9214,771,921
Town centre distance	6.41 miles away6.41 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.54 miles away0.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-15%-15%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+2%+2%

Property History

Listed for £650,000

January 31, 2025

Floor Plans

Description

One Bedroom +
Large Modern Shower Room +
Wide Reception Room +
Modern Kitchen / Dining Room +
EPC D / Council Tax D +
Next to Putney Embankment +
Outstanding Schools Close By +
Shared Garden, Side Access +
Planning Permission to extend +
Planning application 2023/043 +

A 750 Sq ft one bedroom first floor flat in with full permission to extend in Rotherwood Road, a prime river road in one of the most desirable locations in West Putney. The property is much larger than an average one bedroom flat, it has a large reception room, eat-in kitchen diner, utility room and large shower room. It benefits from a combination boiler, sash windows, lots of storage including loft access and an internal staircase leading to a shared garden. The shared garden benefits from a storage shed, bike store and side access.

Planning application 2023/0436. Planning permission to convert and extend the loft space into two bedrooms, a bathroom and roof terrace.

Rotherwood Road is located just off the Lower Richmond Road in the heart of West Putney with easy access to the shopping and transport facilities of the Lower Richmond Road and Central Putney. Putney Bridge Underground and Putney Mainline are found just a ten-minute walk away. There are numerous local bus routes providing easy access into the City, West End. The River Thames Embankment is a short walk from this charming property.

Leasehold 148 years remain
Service charges - Ad Hoc.
Option to purchase a share of the freehold
Council tax band D
EPC rating D
No chain

Agent Details

James Anderson, Putney - Sales

020 3871 8690

Next Steps?

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

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