3 Bed Flat, Single Let, London, SW11 2RS, £475,000

Filey House, Usk Road, London, SW11 2RS - 6 views - 2 months ago

Leasehold

BTL

ROI: 7%

~93 m²

+8 photos

ValuationUndervalued

Sold Prices	£386K - £1.9M
Sold Prices/m²	£5.7K/m² - £19.2K/m²

Square Metres	~93 m²
Price/m²	£5.1K/m²
Value Estimate	£570,000£570,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Rent Range	£2,400 - £9,143£2,400 - £9,143
Rent Estimate	£3,000
Running Costs/mo	£2,104£2,104
Cashflow/mo	£896£896
Cashflow/yr	£10,748£10,748
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £386K to £1.9M, average is £851K. £5.7K/m² to £19.2K/m², average is £11.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£525K	03/21	0.14 mi	22, Maysoule Road, London, Greater London SW11 2BW	£5,814	90	3	Flat
£900K	11/23	0.25 mi	Top Floor Flat, 34, Cologne Road, London, Greater London SW11 2AJ	£9,830	92	3	Flat
£630K	03/24	0.3 mi	2b, Dempster Road, London, Greater London SW18 1AT	£6,774	93	3	Flat
£881.5K	08/21	0.31 mi	Ground Floor Flat, 49, Dempster Road, London, Greater London SW18 1AS	£19,163	46	3	Flat
£1.0M	04/23	0.34 mi	Flat 332, Bluewater House, Smugglers Way, London, Greater London SW18 1ED	-	-	3	Flat
£930K	04/23	0.37 mi	Flat 442, Anchor House, Smugglers Way, London, Greater London SW18 1EX	-	-	3	Flat
£850K	03/23	0.44 mi	Flat 11, Ferrymans Quay, William Morris Way, London, Greater London SW6 2UT	-	-	3	Flat
£415K	05/23	0.47 mi	26, Wandsworth Common West Side, London, Greater London SW18 2EP	-	-	3	Flat
£1.1M	02/23	0.49 mi	23b, Stephendale Road, London, Greater London SW6 2LT	-	-	3	Flat
£710K	12/20	0.49 mi	58a, Stephendale Road, London, Greater London SW6 2PG	-	-	3	Flat
£1.0M	11/20	0.49 mi	Flat 14, The Piper Building, Peterborough Road, London, Greater London SW6 3EF	-	-	3	Flat
£925K	09/23	0.52 mi	53b, Cicada Road, London, Greater London SW18 2NN	-	-	3	Flat
£1.0M	04/21	0.53 mi	Flat B, 60, Rosebury Road, London, Greater London SW6 2NG	-	-	3	Flat
£950K	12/23	0.53 mi	60a, Rosebury Road, London, Greater London SW6 2NG	-	-	3	Flat
£790K	11/20	0.54 mi	59b, Rosebury Road, London, Greater London SW6 2NQ	-	-	3	Flat
£815K	01/21	0.55 mi	First Floor Flat, 23, Byam Street, London, Greater London SW6 2RB	£13,814	59	3	Flat
£855K	12/23	0.56 mi	55, Flat B, Cranbury Road, London, Greater London SW6 2NJ	£12,921	66	3	Flat
£440K	07/23	0.57 mi	109, Fawcett Close, London, Greater London SW11 2LT	-	-	3	Flat
£725K	02/23	0.59 mi	43a, Cranbury Road, London, Greater London SW6 2NP	-	-	3	Flat
£635K	04/21	0.59 mi	43a, Cranbury Road, London, Greater London SW6 2NP	-	-	3	Flat
£1.9M	11/20	0.6 mi	Flat 25, Dolphin House, Lensbury Avenue, London, Greater London SW6 2GY	-	-	3	Flat
£500K	03/21	0.61 mi	110, Melody Road, London, Greater London SW18 2QG	£5,682	88	3	Flat
£1.0M	06/23	0.63 mi	Flat 39, Marina Point, Lensbury Avenue, London, Greater London SW6 2GX	-	-	3	Flat
£950K	12/23	0.63 mi	Flat 17, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW	-	-	3	Flat
£920K	05/23	0.63 mi	Flat 1, Monarch Point, Lensbury Avenue, London, Greater London SW6 2HW	-	-	3	Flat
£500K	02/23	0.65 mi	43a, Tynemouth Street, London, Greater London SW6 2QS	-	-	3	Flat
£491.5K	04/21	0.66 mi	Flat 2, London Court, Frogmore, London, Greater London SW18 1HH	-	-	3	Flat
£705K	10/21	0.66 mi	56a, Elbe Street, London, Greater London SW6 2QP	-	-	3	Flat
£955K	03/21	0.7 mi	20, Barnard Road, London, Greater London SW11 1QS	£12,484	77	3	Flat
£725K	12/20	0.72 mi	Flat A, 19, Beauchamp Road, London, Greater London SW11 1PG	£10,069	72	3	Flat
£1.3M	03/21	0.72 mi	51a, Beauchamp Road, London, Greater London SW11 1PG	-	-	3	Flat
£421.5K	09/21	0.73 mi	Flat 6, Culver Court, Borrodaile Road, London, Greater London SW18 2LD	-	-	3	Flat
£386K	08/23	0.76 mi	Flat 26, Bowyer House, Vermont Road, London, Greater London SW18 2AE	-	-	3	Flat
£413.5K	01/21	0.77 mi	Flat 28, Bowyer House, Vermont Road, London, Greater London SW18 2AE	-	-	3	Flat
£445K	02/23	0.79 mi	Flat 6, Swanmore Court, Garton Place, London, Greater London SW18 2AY	-	-	3	Flat
£640K	07/23	0.79 mi	Flat 6, Coles Court, Trott Street, London, Greater London SW11 3DU	-	-	3	Flat
£724K	12/20	0.8 mi	95, Lavender Walk, London, Greater London SW11 1JS	£11,551	63	3	Flat
£760K	09/21	0.8 mi	Upper Ground Floor Flat, 133, Studdridge Street, London, Greater London SW6 3TD	-	-	3	Flat
£610K	06/21	0.83 mi	9, Galesbury Road, London, Greater London SW18 2RL	-	-	3	Flat
£930K	04/24	0.84 mi	7b, Kathleen Road, London, Greater London SW11 2JR	£14,835	63	3	Flat
£900K	07/23	0.84 mi	69a, St Ann's Hill, London, Greater London SW18 2SA	£9,574	94	3	Flat
£1.7M	04/23	0.84 mi	42, Thames Quay, London, Greater London SW10 0UY	£11,910	141	3	Flat
£1.9M	10/20	0.84 mi	9, Thames Quay, London, Greater London SW10 0UY	£12,558	151	3	Flat
£925K	07/23	0.84 mi	54, Altenburg Gardens, London, Greater London SW11 1JL	-	-	3	Flat
£995K	07/23	0.85 mi	Flat 43, Valiant House, Vicarage Crescent, London, Greater London SW11 3LU	-	-	3	Flat
£852K	12/20	0.85 mi	Maisonette B, 14, Bovingdon Road, London, Greater London SW6 2AP	-	-	3	Flat
£710K	11/21	0.87 mi	59, Inworth Street, London, Greater London SW11 3EW	-	-	3	Flat
£730K	05/21	0.88 mi	4a, Daphne Street, London, Greater London SW18 2BL	£7,935	92	3	Flat
£950K	09/23	0.89 mi	34, Leathwaite Road, London, Greater London SW11 1XQ	£11,585	82	3	Flat
£1.1M	05/21	0.89 mi	55a, Wandsworth Bridge Road, London, Greater London SW6 2TB	-	-	3	Flat

Local Rents

50 rents from £2.4K/mo to £9.1K/mo, average is £4.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,250	09/24	0.1 mi	Battersea Reach, Wandsworth, London, SW18	3	Flat
£4,350	09/24	0.11 mi	Battersea Reach, Battersea, London, SW18	3	Flat
£3,198	09/24	0.11 mi	Commodore House, Juniper Drive, London, SW18	3	Flat
£8,667	09/24	0.11 mi	Juniper Drive, London	3	Flat
£3,750	09/24	0.11 mi	The Pinnacle, Battersea Reach	3	Flat
£9,143	09/24	0.11 mi	Juniper Drive, London	3	Flat
£3,900	09/24	0.12 mi	Ensign House, Juniper Drive, London, SW18	3	Flat
£9,143	09/24	0.12 mi	Juniper Drive, London, SW18.	3	Flat
£8,667	09/24	0.12 mi	Juniper Drive, Battersea	3	Flat
£8,667	09/24	0.12 mi	Juniper Drive, Battersea	3	Flat
£5,633	09/24	0.12 mi	Ensign House, Battersea Reach, SW18	3	Flat
£3,900	09/24	0.12 mi	Ensign House Battersea SW18	3	Flat
£4,095	09/24	0.12 mi	Ensign House, Juniper Drive, Battersea	3	Flat
£3,900	09/24	0.12 mi	Juniper Drive, London, SW18	3	Flat
£4,346	09/24	0.12 mi	Juniper Drive, Battersea	3	Flat
£4,346	09/24	0.12 mi	Juniper Drive, Battersea	3	Flat
£4,250	09/24	0.13 mi	Pinnacle House, Juniper Drive, London, SW18	3	Flat
£4,350	09/24	0.13 mi	Pinnacle House, Juniper Drive, SW18	3	Flat
£4,500	09/24	0.13 mi	Pinnacle House, Juniper Drive, Battersea Reach, London, SW18	3	Flat
£4,350	09/24	0.13 mi	Pinnacle House, Battersea Reach	3	Flat
£4,300	09/24	0.13 mi	Pinnacle House, Battersea Reach	3	Flat
£2,700	09/24	0.14 mi	-	3	Flat
£4,000	09/24	0.14 mi	Baltimore House, Battersea Reach	3	Flat
£6,066	09/24	0.14 mi	Waterfront Drive	3	Flat
£5,200	09/24	0.14 mi	Waterfront Drive	3	Flat
£4,599	11/24	0.16 mi	-	3	Flat
£3,800	09/24	0.17 mi	Spinnaker House, Battersea Reach	3	Flat
£4,333	09/24	0.17 mi	Spinnaker House, Juniper Drive, Battersea Reach, SW18	3	Flat
£3,750	09/24	0.22 mi	Gartons Way, London, SW11	3	Flat
£4,000	09/24	0.24 mi	York Place, London, SW11	3	Flat
£3,650	09/24	0.24 mi	Clove Hitch Quay, Battersea, London, SW11	3	Flat
£4,800	12/24	0.25 mi	-	3	Flat
£4,300	03/25	0.25 mi	-	3	Flat
£3,999	10/24	0.25 mi	-	3	Terraced House
£3,900	01/25	0.25 mi	-	3	Terraced House
£3,000	02/25	0.26 mi	-	3	Flat
£3,000	01/25	0.26 mi	-	3	Flat
£3,999	09/24	0.27 mi	Dolphin House, Smugglers Way, SW18	3	Flat
£2,400	04/25	0.27 mi	-	3	Flat
£3,940	09/24	0.27 mi	New Acres, Wandsworth, SW18	3	Flat
£3,999	09/24	0.28 mi	Smugglers Way, Wandsworth, London, SW18	3	Flat
£4,500	09/24	0.28 mi	Dolphin House Smugglers Way SW18	3	Flat
£7,100	04/25	0.29 mi	-	3	Terraced House
£5,900	04/25	0.29 mi	-	3	Terraced House
£3,100	10/24	0.29 mi	-	3	Flat
£3,750	09/24	0.31 mi	Alma Road, Wandsworth, SW18	3	Flat
£8,304	01/25	0.31 mi	-	3	Flat
£4,400	09/24	0.31 mi	Compass House, Riverside West	3	Flat
£3,999	02/25	0.31 mi	-	3	Semi-Detached House
£4,200	04/25	0.31 mi	-	3	Flat

Local Area Statistics

Population in SW11	70,15270,152
Population in London	4,771,9214,771,921
Town centre distance	5.55 miles away5.55 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.30 miles away0.30 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+1%+1%

Property History

Listed for £475,000

February 7, 2025

Floor Plans

Description

No Ground Rent +
Resident Parking +
Three double bedrooms +
Secure entry system +
Spacious living area +
Balcony +

Galaxy Real Estate presents this 3-bed flat on the third floor, located between Clapham Junction and Wandsworth Town stations. Featuring a large reception room with balcony, a kitchen, 3 beds, and a separate WC. Benefits include off-street parking and no service charge. Book your viewing today!

Offering an abundance of natural light throughout, this flat provides ample living space and a well-designed layout. The accommodation includes a large reception room with access to a private balcony, a fully fitted kitchen with integrated appliances, three generously sized double bedrooms, and a bathroom with a separate WC. The property also benefits from off-street parking and a secure entry system for added peace of mind.

This property is located on a popular residential street just off York Road. Both Wandsworth Town and Clapham Junction stations are within easy reach, providing excellent transport links. The nearby areas of Old York Road and Plough Road offer a great selection of bars, shops, and restaurants for your convenience.

Additional Information:

- No service charge
- Approximate yearly service charge: £1600
- Remaining lease: approximately 90 years

Book your viewing today for further information!

Agent Details

Galaxy Real Estate, Hayes

020 3840 3636

Next Steps?

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

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