2 Bed Flat, Single Let, London, SW8 2ED, £375,000

Lansdowne Way, London, SW8 2ED - 2 views - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£267K - £1.2M
Sold Prices/m²£3K/m² - £13.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£457,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,450 - £4,500

Rent Estimate

£1,825

Running Costs/mo

£1,557

Cashflow/mo

£268

Cashflow/yr

£3,218

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £267K to £1.2M, average is £392.5K. £3K/m² to £13.9K/m², average is £7.5K/m².

PriceDateDistanceAddressBeds 
£390K06/210 miFlat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED2
£370K02/210 miFlat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED2
£407.5K03/210.02 miFlat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB2
£400K12/200.07 miFlat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX2
£350K06/210.07 miFlat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS2
£415K09/210.11 miFlat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT2
£375K09/210.11 miFlat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT2
£416K07/230.14 miFlat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ2
£435K05/230.14 miFlat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ2
£360K08/210.15 miFlat 5, Mobey Court, Studley Road, London, Greater London SW4 6RS2
£270K03/230.18 miFlat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN2
£270K11/230.18 miFlat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW2
£425K11/200.18 miFlat 25, Tillotson Court, Wandsworth Road, London, Greater London SW8 2NH2
£267K01/230.18 miFlat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN2
£395K01/210.19 miGround Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY2
£427K07/230.19 miFlat 23, Squires Court, Binfield Road, London, Greater London SW4 6TD2
£410K01/210.2 miFlat 21, Jephson Court, Studley Road, London, Greater London SW4 6SB2
£340K11/210.21 miFlat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE2
£560K08/210.21 mi229d, South Lambeth Road, London, Greater London SW8 1XR2
£353.3K06/230.24 miFlat 13, Webb House, Hemans Street, London, Greater London SW8 4SU2
£481.2K09/230.26 miFlat 10, Lang House, Hartington Road, London, Greater London SW8 2HT2
£465K01/210.26 mi8, Courland Grove, London, Greater London SW8 2PX2
£410K06/210.26 mi11, Spencer Mews, London, Greater London SW8 1HF2
£375K03/210.27 miFlat 18, Gover Court, Paradise Road, London, Greater London SW4 6QN2
£500K06/210.27 mi8, Mill Pond Close, London, Greater London SW8 4SN2
£445K02/210.27 miFlat 12, Courthope House, Hartington Road, London, Greater London SW8 2HS2
£473.4K09/230.28 mi92, Crimsworth Road, London, Greater London SW8 4RL2
£305K12/230.29 mi65, Tradescant Road, London, Greater London SW8 1XJ2
£360K06/230.31 miFlat 10, Kneller House, Union Grove, London, Greater London SW8 2RR2
£350K03/210.31 miFlat 42, Aston House, Wandsworth Road, London, Greater London SW8 4ER2
£270K09/210.32 miFlat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD2
£345K04/210.33 miFlat 44, Acland House, Stockwell Gardens Estate, London, Greater London SW9 9AD2
£318K01/230.35 miFlat 18, Croxteth House, Wandsworth Road, London, Greater London SW8 2RX2
£465K01/230.36 miFlat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY2
£420K10/230.36 mi93, Stockwell Gardens, London, Greater London SW9 0RZ2
£346K02/230.36 mi95, Hampson Way, London, Greater London SW8 1HX2
£340K05/230.36 miFlat 33, Farnley House, Union Grove, London, Greater London SW8 2RT2
£350K06/210.37 miFlat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU2
£432.5K03/210.39 miFlat 17, Oliver House, Wyvil Road, London, Greater London SW8 2SX2
£370K09/210.39 miFlat 22, Enfield House, Stockwell Road, London, Greater London SW9 9HB2
£590K06/230.39 mi160a, Old South Lambeth Road, London, Greater London SW8 1XX2
£520K04/230.39 miFlat D, 80, Union Road, London, Greater London SW4 6JU2
£510K12/200.4 miFirst Floor Flat, 30, Albert Square, London, Greater London SW8 1DA2
£385K10/200.41 miFlat 6, Edgar House, Wyvil Road, London, Greater London SW8 2SS2
£1.2M06/210.42 mi6, St Michaels Road, London, Greater London SW9 0SL2
£758.8K07/230.42 miFlat B, 41, Stockwell Road, London, Greater London SW9 9QB2
£370K06/210.42 miFlat 57, Brocket House, Union Road, London, Greater London SW8 2RE2
£355K10/230.42 miFlat 60, Brocket House, Union Grove, London, Greater London SW8 2RE2
£388.8K08/230.42 miFlat 19, Colchester House, Union Grove, London, Greater London SW8 2RD2
£625K04/230.44 mi3, Printers Road, London, Greater London SW9 0BH2

Local Rents

50 rents from £1.4K/mo to £4.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£3,65009/240.06 miLarkhall Lane London SW42
£3,00009/240.12 miPriory Grove, London, SW82
£3,59709/240.13 miHamilton House, 6 St. George Wharf, Vauxhall, London, UK, SW82
£2,50003/250.16 mi-2
£2,80009/240.17 miSouthville, London2
£2,00009/240.17 miWandsworth Road, Vauxhall, London, SW82
£1,80009/240.17 miStudley Road London SW42
£3,50003/250.18 mi-2
£1,60002/250.18 mi-2
£2,49209/240.19 miThorne Road, London SW82
£2,00009/240.21 miAmesbury Tower, Wandsworth Road, London2
£2,70009/240.21 miCornell Square, Nine Elms, SW82
£2,50009/240.21 miThis Space, 3 Cornell Square, London, SW82
£2,00003/250.21 mi-2
£2,60009/240.21 miCornell Square, Wandsworth Road, SW82
£2,50009/240.21 miApartment 92, London2
£2,60009/240.21 miCornell Square London SW82
£2,35011/240.21 mi-2
£2,35009/240.22 mi-2
£2,35009/240.22 miWandsworth Road, London, SW82
£2,64903/250.22 mi-2
£2,75010/240.22 mi-2
£2,70002/250.23 mi-2
£3,10009/240.24 mi-2
£2,99909/240.24 mi-2
£2,05002/250.24 mi-2
£2,24909/240.25 miGoldsboro Road, SW82
£3,45003/250.25 mi-2
£2,15003/250.25 mi-2
£1,45011/240.25 mi-2
£2,45009/240.26 miCourland Grove, South Lambeth, SW82
£2,55009/240.26 miMill Pond Close, SW82
£2,65003/250.26 mi-2
£2,40009/240.26 mi-2
£2,20001/250.26 mi-2
£2,35012/240.26 mi-2
£2,55010/240.26 mi-2
£2,20009/240.27 miLansdowne Way, London SW82
£2,25009/240.28 miWandsworth Road, London, SW82
£2,25009/240.28 mi-2
£2,35009/240.28 mi-2
£2,45003/250.28 mi-2
£4,50009/240.28 miSky Gardens, Wandsworth Road, London SW82
£2,30003/250.28 mi-2
£2,45009/240.28 miCourland Grove, London, SW82
£2,45009/240.28 mi-2
£2,60009/240.28 mi-2
£2,60003/250.28 mi-2
£2,15010/240.29 mi-2
£2,40009/240.29 miWilbraham House, Vauxhall London SW82

Local Area Statistics

Population in SW8

35,138

Population in London

4,771,921

Town centre distance

3.79 miles away

Nearest school

0.10 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

-5%

Property History

Listed for £375,000

February 7, 2025

Floor Plans

Description

  • Two Double Bedrooms +

  • Ground Floor +

  • No Onward Chain +

  • Private Development +

  • Good Condition +

SUMMARY
OPEN HOUSE - Saturday 15th February 11:15 - 12:15, contact us for details.

Positioned on the ground floor of this privately owned low rise purpose built block is this beautifully appointed two double bedroom apartment. This light filled property has been well looked after by the current owner and enjoys access to a lovely shared courtyard garden.

DESCRIPTION
Positioned on the ground floor of this privately owned low rise purpose built block is this beautifully appointed two double bedroom apartment. This light filled property has been well looked after by the current owner and enjoys access to a lovely shared courtyard garden. With no onward chain this property is ideal for anyone looking to move straight in and with two genuine double bedrooms the property would suit sharers, siblings and investors alike. Situated in this popular residential road just 0.3 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.

Accommodation comprises an entrance hall with storage, two genuine double bedrooms of similar proportions, large living room, kitchen and bathroom.

Prompt viewing advised to avoid disappointment.

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.

Agent Details

Barnard Marcus, Kennington

020 3835 4206

Next Steps?

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