2 Bed Flat, Single Let, London, SW11 3HQ, £400,000

Bullen Street, London, SW11 3HQ - 3 views - 3 months ago

Leasehold

BTL

ROI: 2%

~68 m²

+12 photos

ValuationUndervalued

Sold Prices	£270K - £1.6M
Sold Prices/m²	£5.3K/m² - £12K/m²

Square Metres	~68.11 m²
Price/m²	£5.9K/m²
Value Estimate	£496,000£496,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£20,700£20,700
Total Cash In	£120,700£120,700

Cash Out
Rent Range	£1,400 - £4,500£1,400 - £4,500
Rent Estimate	£1,825
Running Costs/mo	£1,635£1,635
Cashflow/mo	£190£190
Cashflow/yr	£2,280£2,280
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

51 sold prices from £270K to £1.6M, average is £594.5K. £5.3K/m² to £12K/m², average is £9.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£490K	12/20	0.04 mi	Flat 32, Goulden House, Bullen Street, London, Greater London SW11 3HG	-	-	2	Flat
£420K	06/23	0.06 mi	Flat 177, Goulden House, Bullen Street, London, Greater London SW11 3HG	-	-	2	Flat
£455K	05/21	0.12 mi	Flat 56, Mccarthy Court, Banbury Street, London, Greater London SW11 3ET	-	-	2	Flat
£467.5K	11/23	0.12 mi	Flat 73, Mccarthy Court, Banbury Street, London, Greater London SW11 3ET	-	-	2	Flat
£540K	01/21	0.13 mi	The Old Warehouse, 1b, Stanmer Street, London, Greater London SW11 3EQ	-	-	2	Flat
£440K	07/21	0.15 mi	Flat 7, Morgan Court, Battersea High Street, London, Greater London SW11 3HU	-	-	2	Flat
£640K	12/20	0.18 mi	29, Cobalt Place, London, Greater London SW11 3AZ	£8,533	75	2	Flat
£687.5K	04/23	0.18 mi	28, Cobalt Place, London, Greater London SW11 3AZ	£9,549	72	2	Flat
£565K	01/21	0.21 mi	Flat 10, Winfield House, Vicarage Crescent, London, Greater London SW11 3LN	£12,021	47	2	Flat
£535K	02/21	0.21 mi	24, Cambridge Road, London, Greater London SW11 4RR	£8,168	66	2	Flat
£650K	06/21	0.22 mi	Flat 7, Cambridge Mansions, Cambridge Road, London, Greater London SW11 4RU	-	-	2	Flat
£620K	04/21	0.22 mi	13a, Prince Of Wales Drive, London, Greater London SW11 4SB	-	-	2	Flat
£415K	09/21	0.22 mi	4b, Latchmere Road, Battersea, London, Greater London SW11 2DX	-	-	2	Flat
£635K	07/23	0.22 mi	12b, Latchmere Road, Battersea, London, Greater London SW11 2DX	-	-	2	Flat
£540K	10/21	0.24 mi	Flat 24, White House, Vicarage Crescent, London, Greater London SW11 3LJ	-	-	2	Flat
£405K	11/21	0.25 mi	12, Falcon Road, London, Greater London SW11 2LS	£5,400	75	2	Flat
£890K	12/23	0.26 mi	9a, Cambridge Road, London, Greater London SW11 4RT	£9,780	91	2	Flat
£890K	12/23	0.26 mi	9a, Cambridge Road, London, Greater London SW11 4RT	£9,780	91	2	Flat
£550K	11/21	0.26 mi	Flat 25, Eaton House, Vicarage Crescent, London, Greater London SW11 3LE	-	-	2	Flat
£417.5K	12/20	0.31 mi	29, Henty Close, London, Greater London SW11 4AH	£6,403	65	2	Flat
£360K	08/23	0.32 mi	Flat 59, Ethelburga Tower, Rosenau Road, London, Greater London SW11 4AB	-	-	2	Flat
£810K	09/23	0.32 mi	Flat 24, Valiant House, Vicarage Crescent, London, Greater London SW11 3LU	-	-	2	Flat
£575K	02/21	0.33 mi	15, Matthews Street, London, Greater London SW11 5AB	£8,846	65	2	Flat
£580K	04/21	0.33 mi	31, Matthews Street, London, Greater London SW11 5AB	£9,388	62	2	Flat
£393K	11/23	0.34 mi	167, Este Road, London, Greater London SW11 2TT	£5,311	74	2	Flat
£630K	03/23	0.36 mi	84, Reform Street, London, Greater London SW11 5AH	£9,403	67	2	Flat
£594.5K	10/23	0.36 mi	110, Reform Street, London, Greater London SW11 5AH	£11,501	52	2	Flat
£1.0M	02/23	0.38 mi	Flat 11, Norfolk Mansions, Prince Of Wales Drive, London, Greater London SW11 4HL	-	-	2	Flat
£800K	07/23	0.38 mi	2a, Juer Street, London, Greater London SW11 4RF	-	-	2	Flat
£575K	09/21	0.4 mi	25, Odger Street, London, Greater London SW11 5AF	£8,712	66	2	Flat
£567.4K	05/23	0.4 mi	2, Freedom Street, London, Greater London SW11 5AQ	£9,456	60	2	Flat
£1.1M	11/21	0.41 mi	Flat 8, Stafford Mansions, Albert Bridge Road, London, Greater London SW11 4QG	-	-	2	Flat
£552K	03/23	0.41 mi	22, Battersea Bridge Road, London, Greater London SW11 3AG	£8,326	66	2	Flat
£430K	02/23	0.41 mi	202a, Battersea Park Road, London, Greater London SW11 4ND	£8,641	50	2	Flat
£715K	06/21	0.42 mi	9g, Thorney Crescent, London, Greater London SW11 3TR	£11,464	62	2	Flat
£1.1M	11/21	0.42 mi	Flat 32, Albany Mansions, Albert Bridge Road, Battersea, London, Greater London SW11 4PG	-	-	2	Flat
£350K	12/23	0.43 mi	9e, Thorney Crescent, London, Greater London SW11 3TR	£6,034	58	2	Flat
£625K	12/20	0.44 mi	50, Reform Street, London, Greater London SW11 5AJ	£9,921	63	2	Flat
£700K	08/23	0.44 mi	28d, Thorney Crescent, London, Greater London SW11 3TT	£11,864	59	2	Flat
£310K	10/21	0.47 mi	Flat 17, Peregrine House, Sullivan Close, London, Greater London SW11 2NL	-	-	2	Flat
£270K	04/21	0.47 mi	Flat 18, Berry House, Dagnall Street, London, Greater London SW11 5DL	-	-	2	Flat
£545K	08/21	0.49 mi	Flat 80b, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EX	-	-	2	Flat
£915K	06/23	0.49 mi	Flat 71a, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EX	-	-	2	Flat
£1.3M	01/23	0.49 mi	56, Chelsea Crescent, London, Greater London SW10 0XB	£8,862	145	2	Flat
£765K	08/21	0.5 mi	Apartment 37, Thames Point, The Boulevard, Imperial Wharf, London, Greater London SW6 2SX	-	-	2	Flat
£1.4M	02/21	0.5 mi	Flat 4, Admiral Court, Admiral Square, London, Greater London SW10 0UU	-	-	2	Flat
£1.6M	08/21	0.5 mi	Flat 1, Admiral Court, Admiral Square, London, Greater London SW10 0UU	-	-	2	Flat
£880K	03/21	0.51 mi	24, King's Quay, London, Greater London SW10 0UX	£9,778	90	2	Flat
£785K	02/21	0.51 mi	Apartment 35, Harbour Reach, The Boulevard, Imperial Wharf, London, Greater London SW6 2SS	-	-	2	Flat
£801K	12/20	0.52 mi	7a, Anhalt Road, London, Greater London SW11 4NZ	-	-	2	Flat
£595K	12/23	0.52 mi	Apartment 40, Harbour Reach, The Boulevard, Imperial Wharf, London, Greater London SW6 2SS	-	-	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£2,400	09/24	0.04 mi	Shuttleworth Road, Battersea, SW11	2	Flat
£2,450	02/25	0.06 mi	-	2	Flat
£2,295	03/25	0.06 mi	-	2	Flat
£1,850	02/25	0.09 mi	-	2	Flat
£2,000	03/25	0.12 mi	-	2	Flat
£2,500	09/24	0.12 mi	Banbury Street London SW11	2	Flat
£2,000	09/24	0.14 mi	-	2	Flat
£1,950	09/24	0.14 mi	-	2	Flat
£2,000	09/24	0.14 mi	-	2	Flat
£2,773	04/25	0.14 mi	-	2	Flat
£1,900	11/24	0.15 mi	-	2	Flat
£2,650	09/24	0.16 mi	Cobalt Place, Battersea Square, London, SW11	2	Flat
£2,150	02/25	0.16 mi	-	2	Flat
£1,850	09/24	0.17 mi	Battersea High Street Battersea SW11	2	Flat
£2,600	11/24	0.17 mi	-	2	Flat
£3,200	03/25	0.17 mi	-	2	Flat
£3,000	09/24	0.18 mi	Battersea Bridge Road, Battersea, London, SW11	2	Flat
£1,950	02/25	0.2 mi	-	2	Flat
£2,500	09/24	0.2 mi	-	2	Flat
£2,200	09/24	0.2 mi	Prince Of Wales Drive London SW11	2	Flat
£2,200	09/24	0.2 mi	Prince Of Wales Drive London SW11	2	Flat
£2,700	09/24	0.21 mi	Cobalt Place, SW11	2	Flat
£1,900	09/24	0.21 mi	Battersea Park Road, SW11	2	Flat
£2,650	09/24	0.21 mi	Battersea Park Road, Battersea Park, London, SW11	2	Flat
£2,652	09/24	0.22 mi	Prince of Wales Drive, SW11	2	Flat
£2,250	03/25	0.23 mi	-	2	Flat
£2,900	09/24	0.24 mi	Battersea Park Road, Battersea, SW8	2	Flat
£1,995	09/24	0.24 mi	White House, Vicarage Crescent	2	Flat
£2,700	12/24	0.25 mi	-	2	Flat
£2,700	09/24	0.25 mi	-	2	Flat
£2,600	10/24	0.25 mi	-	2	Flat
£2,500	04/25	0.25 mi	-	2	Flat
£2,145	09/24	0.25 mi	Westbridge Road, Battersea Square	2	Flat
£2,995	03/25	0.25 mi	-	2	Flat
£4,500	03/25	0.26 mi	-	2	Flat
£3,250	02/24	0.26 mi	-	2	Flat
£2,850	09/24	0.27 mi	-	2	Flat
£2,315	11/24	0.27 mi	-	2	Flat
£3,100	03/25	0.27 mi	-	2	Flat
£2,750	02/25	0.28 mi	-	2	Flat
£2,400	11/24	0.28 mi	-	2	Flat
£2,875	03/25	0.28 mi	-	2	Flat
£2,875	04/25	0.28 mi	-	2	Flat
£2,750	02/25	0.29 mi	-	2	Flat
£2,000	09/24	0.3 mi	Wayford Street, 60 Wayford Street, London, SW11 2TS	2	Flat
£1,400	09/24	0.3 mi	Wayford Street, London, SW11	2	Flat
£2,925	09/24	0.3 mi	Burns Road, Battersea, London, SW11	2	Flat
£2,600	03/25	0.31 mi	-	2	Flat
£2,750	04/25	0.32 mi	-	2	Flat
£2,600	04/25	0.32 mi	-	2	Flat

Local Area Statistics

Population in SW11	70,15270,152
Population in London	4,771,9214,771,921
Town centre distance	4.71 miles away4.71 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.58 miles away0.58 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 £400,000

February 8, 2025

Floor Plans

Description

NO ONWARD CHAIN +
TWO DOUBLE BEDROOMS +
PRIVATE GARDEN +
IN NEED OF WORKS THROUGHOUT +
SPLIT LEVEL +
DOUBLE GLAZED +
WELL KEPT COMMUNAL GARDENS +
RESIDENTS PERMIT PARKING +

GUIDE PRICE £400,000-£475,000. We are delighted to offer to the market this ground floor two double bedroom property situated on a nice tree lined road. The property comprises of a spacious reception room which, fitted kitchen, private garden offering the ideal summer retreat. The property further benefits from a three piece bathroom suite ample storage space and well maintained communal gardens.

Bullen Street is conveniently located just off Battersea Park Road with its numerous shops, bars and restaurants and Battersea Park, with its 200 acres of recreational space is also close at hand. Access north of the river is via either a number of bus routes that run over Battersea Bridge or the regular train services that run from Clapham Junction and Battersea Park Road train stations. Transport links have been further advanced by the extension of the Northern Line of the Underground to Battersea Park due to the regeneration of Battersea Power Station and Nine Elms.

Agent Details

Bairstow Eves, Battersea

020 3834 8401

Next Steps?

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

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