2 Bed Flat, Single Let, London, SW2 5RS, £695,000

Acre Lane, London, SW2 5RS - 2 months ago

Leasehold

BTL

~88 m²

+4 photos

ValuationUndervalued

Sold Prices	£145K - £810K
Sold Prices/m²	£5.1K/m² - £13.4K/m²

Square Metres	~87.60 m²
Price/m²	£7.9K/m²
Value Estimate	£786,227£786,227
BMV	13%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£173,750£173,750
Stamp Duty & Legal Fees	£58,200£58,200
Total Cash In	£231,950£231,950

Cash Out
Rent Range	£1,700 - £3,500£1,700 - £3,500
Rent Estimate	£1,825
Running Costs/mo	£2,557£2,557
Cashflow/mo	£-732£-732
Cashflow/yr	£-8,782£-8,782
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £145K to £810K, average is £547.5K. £5.1K/m² to £13.4K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£500K	02/23	0.06 mi	Flat 6, Marie Lloyd Court, Brighton Terrace, London, Greater London SW9 8DL	-	-	2	Flat
£425.5K	10/21	0.1 mi	Flat 63, Arlington Lodge, Brixton Hill, London, Greater London SW2 1RE	-	-	2	Flat
£618K	11/23	0.13 mi	Flat 9, Glasbury House, Ferndale Road, London, Greater London SW9 8AY	-	-	2	Flat
£410K	11/20	0.15 mi	Flat 44, Effra Court, Brixton Hill, London, Greater London SW2 1RB	-	-	2	Flat
£600K	06/23	0.18 mi	50, Santley Street, London, Greater London SW4 7QD	£6,522	92	2	Flat
£625K	02/21	0.19 mi	14, Beverstone Road, London, Greater London SW2 5AN	£7,530	83	2	Flat
£405K	04/23	0.19 mi	83, St Matthews Road, London, Greater London SW2 1NE	£6,881	59	2	Flat
£540K	12/20	0.21 mi	22, Mervan Road, London, Greater London SW2 1DT	-	-	2	Flat
£510K	03/21	0.22 mi	76, Acre Lane, London, Greater London SW2 5QN	-	-	2	Flat
£475K	03/23	0.23 mi	Flat 13, Connaught Mansions, Coldharbour Lane, London, Greater London SW9 8LE	-	-	2	Flat
£596K	07/23	0.23 mi	30a, Raeburn Street, London, Greater London SW2 5QU	£8,099	74	2	Flat
£290K	05/23	0.23 mi	41, Saltoun Road, London, Greater London SW2 1EW	-	-	2	Flat
£590K	06/21	0.23 mi	A, 42, Kellett Road, London, Greater London SW2 1ED	-	-	2	Flat
£810K	04/21	0.24 mi	11a, Hayter Road, London, Greater London SW2 5AR	-	-	2	Flat
£608K	02/21	0.24 mi	39a, Kellett Road, London, Greater London SW2 1EA	-	-	2	Flat
£450K	11/20	0.24 mi	Flat B, 69, Kellett Road, London, Greater London SW2 1EA	£10,000	45	2	Flat
£435K	11/20	0.25 mi	First Floor Flat, 71, Ballater Road, London, Greater London SW2 5QX	£9,667	45	2	Flat
£435K	06/21	0.25 mi	Flat 111, Brixton Hill Court, Brixton Hill, London, Greater London SW2 1QZ	-	-	2	Flat
£705K	01/21	0.25 mi	29a, Dalberg Road, London, Greater London SW2 1AJ	-	-	2	Flat
£625K	02/21	0.25 mi	19b, Dalberg Road, London, Greater London SW2 1AJ	-	-	2	Flat
£430K	06/21	0.26 mi	Top Floor Flat, 30, Pulross Road, London, Greater London SW9 8AF	-	-	2	Flat
£640K	12/20	0.27 mi	72a, Ballater Road, London, Greater London SW2 5QP	-	-	2	Flat
£610K	09/23	0.29 mi	122a, Ferndale Road, London, Greater London SW4 7SA	£8,971	68	2	Flat
£720K	01/23	0.29 mi	128, Ferndale Road, London, Greater London SW4 7SA	£8,980	80	2	Flat
£559.5K	03/21	0.29 mi	131a, Ferndale Road, London, Greater London SW4 7RN	£8,200	68	2	Flat
£635K	12/20	0.3 mi	10a, Sudbourne Road, London, Greater London SW2 5AQ	£10,928	58	2	Flat
£555K	06/21	0.3 mi	99, Sandmere Road, London, Greater London SW4 7PX	£8,783	63	2	Flat
£710K	04/21	0.3 mi	37, Corrance Road, London, Greater London SW2 5RD	£13,396	53	2	Flat
£575K	06/21	0.31 mi	Flat 4, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF	-	-	2	Flat
£575K	04/23	0.31 mi	Flat 6, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF	-	-	2	Flat
£500K	03/21	0.31 mi	First Floor Flat, 41, Gateley Road, London, Greater London SW9 9TA	£10,638	47	2	Flat
£606.2K	02/21	0.31 mi	Flat A, 41, Rattray Road, London, Greater London SW2 1BA	-	-	2	Flat
£650K	02/21	0.31 mi	Flat 16, Dover Mansions, Canterbury Crescent, London, Greater London SW9 7QF	-	-	2	Flat
£540K	06/23	0.33 mi	8b, Solon Road, London, Greater London SW2 5UY	-	-	2	Flat
£425K	06/21	0.33 mi	Flat 40, Brockwell Court, Effra Road, London, Greater London SW2 1NA	-	-	2	Flat
£580K	06/23	0.34 mi	108a, Dalberg Road, London, Greater London SW2 1AW	-	-	2	Flat
£465K	02/23	0.35 mi	First Floor Flat, 9, Chantrey Road, London, Greater London SW9 9TD	£5,054	92	2	Flat
£780K	03/21	0.35 mi	32a, Bonham Road, London, Greater London SW2 5HG	£12,268	64	2	Flat
£625K	04/23	0.35 mi	96b, Rattray Road, London, Greater London SW2 1BE	£9,313	67	2	Flat
£145K	04/21	0.36 mi	First Floor Flat, 83, Effra Road, London, Greater London SW2 1DE	-	-	2	Flat
£255K	01/21	0.36 mi	Flat 27, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ	-	-	2	Flat
£665K	07/23	0.36 mi	Ground Floor Flat, 20, Stansfield Road, London, Greater London SW9 9RZ	£10,076	66	2	Flat
£410K	07/23	0.36 mi	First Floor Flat, 28, Stansfield Road, London, Greater London SW9 9RZ	£8,542	48	2	Flat
£399.9K	01/23	0.37 mi	Flat 37, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XZ	-	-	2	Flat
£437K	06/21	0.37 mi	First Floor Flat, 66, Ferndale Road, Clapham, London, Greater London SW4 7SE	£8,404	52	2	Flat
£629.8K	07/23	0.37 mi	Flat A, 37, Trent Road, London, Greater London SW2 5BJ	£11,662	54	2	Flat
£295K	10/23	0.37 mi	Flat 33, Chartham Court, Canterbury Crescent, London, Greater London SW9 7PT	-	-	2	Flat
£375K	04/21	0.38 mi	Flat 12, Goodwood Mansions, Stockwell Park Walk, London, Greater London SW9 0XY	-	-	2	Flat
£500K	12/20	0.38 mi	44b, Branksome Road, London, Greater London SW2 5JA	-	-	2	Flat
£287K	11/20	0.39 mi	341f, Brixton Road, London, Greater London SW9 7DA	-	-	2	Flat

Local Rents

50 rents from £1.7K/mo to £3.5K/mo, average is £2.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,095	09/24	0.04 mi	-	2	Flat
£2,250	11/24	0.08 mi	-	2	Flat
£3,250	09/24	0.1 mi	-	2	Flat
£1,700	12/24	0.1 mi	-	2	Semi-Detached House
£2,700	03/25	0.1 mi	-	2	Flat
£2,750	09/24	0.1 mi	-	2	Flat
£3,250	09/24	0.1 mi	-	2	Flat
£2,500	12/24	0.1 mi	-	2	Flat
£2,300	11/24	0.1 mi	-	2	Flat
£2,350	11/24	0.1 mi	-	2	Flat
£2,350	11/24	0.1 mi	-	2	Flat
£2,500	03/25	0.1 mi	-	2	Flat
£2,500	02/25	0.1 mi	-	2	Flat
£2,750	09/24	0.1 mi	Brighton Terrace, London, SW9	2	Flat
£3,250	09/24	0.1 mi	Brighton Terrace, London, SW9	2	Flat
£1,800	09/24	0.1 mi	-	2	Flat
£2,250	04/25	0.11 mi	-	2	Flat
£3,200	09/24	0.11 mi	Brighton Terrace, Brixton, SW9	2	Flat
£2,750	09/24	0.11 mi	Brighton Terrace, Brixton, SW9	2	Flat
£2,250	12/24	0.12 mi	-	2	Flat
£2,200	09/24	0.12 mi	-	2	Flat
£2,199	12/24	0.12 mi	-	2	Flat
£2,599	09/24	0.12 mi	-	2	Flat
£2,199	03/25	0.12 mi	-	2	Flat
£2,100	03/25	0.12 mi	-	2	Flat
£2,700	01/25	0.13 mi	-	2	Flat
£2,300	09/24	0.14 mi	Saltoun Road, Brixton, SW2	2	Flat
£2,000	03/25	0.14 mi	-	2	Flat
£2,500	02/25	0.14 mi	-	2	Flat
£2,800	12/24	0.14 mi	-	2	Flat
£2,250	01/25	0.14 mi	-	2	Flat
£2,150	10/24	0.14 mi	-	2	Flat
£2,350	04/25	0.15 mi	-	2	Flat
£2,900	02/25	0.15 mi	-	2	Terraced House
£2,750	09/24	0.16 mi	Sudbourne Road, London, SW2	2	Flat
£2,550	12/24	0.16 mi	-	2	Flat
£2,500	11/24	0.17 mi	-	2	Flat
£2,000	09/24	0.17 mi	-	2	Flat
£2,396	09/24	0.17 mi	Somerset Place, SW2	2	Flat
£2,150	12/24	0.18 mi	-	2	Flat
£2,500	12/24	0.19 mi	-	2	Flat
£2,200	03/25	0.2 mi	-	2	Flat
£2,297	09/24	0.2 mi	Coldharbour Lane, Sw9	2	Flat
£3,500	09/24	0.2 mi	Acre Lane, Brixton, London, SW2	2	Flat
£2,850	04/25	0.2 mi	-	2	Flat
£2,300	04/25	0.21 mi	-	2	Flat
£2,388	09/24	0.21 mi	Hayter Road, SW2	2	Flat
£2,500	02/25	0.21 mi	-	2	Flat
£2,100	11/24	0.21 mi	-	2	Flat
£2,800	04/25	0.21 mi	-	2	Flat

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	4.69 miles away4.69 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	-1%-1%

Property History

Price changed to £695,000

March 28, 2025

Listed for £710,000

February 3, 2025

Floor Plans

Description

Stunningly Presented Apartment +
Chain Free Sale +
Central Location +
Over 900sqft +

An immaculate two double bedroom, two bathroom apartment located in this very modern and sought-after development in the centre of Brixton.

The development offers well-maintained communal areas with a lift to all floors as well as secure bike storage. The apartment itself provides bright and spacious living accommodation and is finished to a very high standard throughout with built-in appliances. It is made up of a large beautiful open-plan reception/kitchen and two large double bedrooms and two bathrooms.

The property is being offered to the market chain free.

The property is desirably located in the centre of Brixton, providing excellent links into central London and the City. Brixton offers many fashionable bars, restaurants and amenities, as well as the famous Brixton Academy and popular markets for fresh produce.

Viewings of this desirable property are highly recommended.

Council Tax Band - D

Agent Details

Marsh & Parsons, Brixton

020 7733 4595

Next Steps?

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

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