3 Bed Flat, Single Let, London, SW11 1RG, £407,500

Flat 3, 59 Strathblaine Road, London, SW11 1RG - 3 views - 2 months ago

Leasehold
Auction
BTL
ROI: 9%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£386K - £1.9M
Sold Prices/m²£5.1K/m² - £19.2K/m²

 

 

Square Metres

~93 m²
Price/m²£4.4K/m²

Value Estimate

£509,375
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£101,875

Stamp Duty & Legal Fees

£21,300

Total Cash In

£123,175

 

 

Cash Out

 

Rent Range

£2,450 - £9,143

Rent Estimate

£2,750

Running Costs/mo

£1,843

Cashflow/mo

£907

Cashflow/yr

£10,879

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £386K to £1.9M, average is £719.5K. £5.1K/m² to £19.2K/m², average is £9.7K/m².

PriceDateDistanceAddressBeds 
£900K11/230.21 miTop Floor Flat, 34, Cologne Road, London, Greater London SW11 2AJ3
£525K03/210.33 mi22, Maysoule Road, London, Greater London SW11 2BW3
£955K03/210.34 mi20, Barnard Road, London, Greater London SW11 1QS3
£725K12/200.38 miFlat A, 19, Beauchamp Road, London, Greater London SW11 1PG3
£1.3M03/210.38 mi51a, Beauchamp Road, London, Greater London SW11 1PG3
£415K05/230.41 mi26, Wandsworth Common West Side, London, Greater London SW18 2EP3
£724K12/200.46 mi95, Lavender Walk, London, Greater London SW11 1JS3
£950K09/230.47 mi34, Leathwaite Road, London, Greater London SW11 1XQ3
£925K09/230.47 mi53b, Cicada Road, London, Greater London SW18 2NN3
£630K03/240.48 mi2b, Dempster Road, London, Greater London SW18 1AT3
£881.5K08/210.5 miGround Floor Flat, 49, Dempster Road, London, Greater London SW18 1AS3
£925K07/230.5 mi54, Altenburg Gardens, London, Greater London SW11 1JL3
£1.2M03/230.5 mi119a, Clapham Common North Side, Clapham, London, Greater London SW4 9SP3
£715K03/230.55 mi124, Leathwaite Road, London, Greater London SW11 6RR3
£860K11/210.56 mi77b, Elspeth Road, London, Greater London SW11 1DP3
£680.1K11/210.56 mi79b, Elspeth Road, London, Greater London SW11 1DP3
£500K03/210.56 mi110, Melody Road, London, Greater London SW18 2QG3
£930K04/240.56 mi7b, Kathleen Road, London, Greater London SW11 2JR3
£650K10/230.61 mi213, Latchmere Road, Battersea, London, Greater London SW11 2LA3
£650K02/230.61 mi213a, Latchmere Road, Battersea, London, Greater London SW11 2LA3
£630K06/210.64 mi185a, Latchmere Road, London, Greater London SW11 2JZ3
£440K07/230.66 mi109, Fawcett Close, London, Greater London SW11 2LT3
£882K12/230.67 miFirst Floor Flat, 19, Longbeach Road, London, Greater London SW11 5SS3
£825K12/210.69 miFlat A, 109, Sugden Road, London, Greater London SW11 5ED3
£965K02/210.71 miTop Flat, 31, Montholme Road, London, Greater London SW11 6HX3
£875K03/230.72 mi70b, Winsham Grove, London, Greater London SW11 6NE3
£872K11/200.74 mi51a, Marney Road, London, Greater London SW11 5EW3
£1.0M04/230.76 miFlat 332, Bluewater House, Smugglers Way, London, Greater London SW18 1ED3
£610K06/210.76 mi9, Galesbury Road, London, Greater London SW18 2RL3
£461K02/210.77 miFlat 5, Heathfield Court, Heathfield Road, London, Greater London SW18 3HU3
£930K04/230.78 miFlat 442, Anchor House, Smugglers Way, London, Greater London SW18 1EX3
£850K03/230.79 miFlat 11, Ferrymans Quay, William Morris Way, London, Greater London SW6 2UT3
£480K04/210.8 mi41, Heathfield Square, London, Greater London SW18 3HZ3
£900K07/230.81 mi69a, St Ann's Hill, London, Greater London SW18 2SA3
£445K02/230.81 miFlat 6, Swanmore Court, Garton Place, London, Greater London SW18 2AY3
£510K12/210.82 mi13, Heathfield Square, London, Greater London SW18 3HY3
£421.5K09/210.83 miFlat 6, Culver Court, Borrodaile Road, London, Greater London SW18 2LD3
£386K08/230.84 miFlat 26, Bowyer House, Vermont Road, London, Greater London SW18 2AE3
£413.5K01/210.85 miFlat 28, Bowyer House, Vermont Road, London, Greater London SW18 2AE3
£705K05/230.87 mi21, Matthews Street, London, Greater London SW11 5AB3
£710K11/210.88 mi59, Inworth Street, London, Greater London SW11 3EW3
£730K05/210.88 mi4a, Daphne Street, London, Greater London SW18 2BL3
£825K12/200.88 mi62b, Marmion Road, London, Greater London SW11 5PA3
£640K07/230.9 miFlat 6, Coles Court, Trott Street, London, Greater London SW11 3DU3
£540K01/210.9 miThe Old Warehouse, 1b, Stanmer Street, London, Greater London SW11 3EQ3
£685K09/210.91 mi29b, Rush Hill Road, London, Greater London SW11 5NW3
£710K12/200.91 mi58a, Stephendale Road, London, Greater London SW6 2PG3
£500K10/230.91 miFlat 9, Abbott House, Nightingale Lane, London, Greater London SW12 8NW3
£1.9M11/200.92 miFlat 25, Dolphin House, Lensbury Avenue, London, Greater London SW6 2GY3
£1.1M02/230.92 mi23b, Stephendale Road, London, Greater London SW6 2LT3

Local Rents

50 rents from £2.5K/mo to £9.1K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£3,30012/240.04 mi-3
£3,25009/240.08 miSt. John's Hill London SW113
£2,45004/250.1 mi-3
£4,00001/250.11 mi-3
£3,75002/250.11 mi-3
£3,30001/250.11 mi-3
£3,60010/240.13 mi-3
£8,30401/250.14 mi-3
£4,20004/250.14 mi-3
£3,30002/240.17 mi-3
£3,30010/240.18 mi-3
£3,30009/240.18 mi-3
£3,90009/240.23 miEckstein Road, Clapham Junction, London, SW113
£3,99902/250.27 mi-3
£5,75009/240.28 mi-3
£5,00009/240.28 mi-3
£3,40011/240.28 mi-3
£2,75009/240.29 mi-3
£2,75009/240.29 miWandsworth, Wandsworth, SW183
£3,10009/240.29 mi-3
£4,50004/250.31 mi-3
£3,75004/250.31 mi-3
£3,20010/240.33 mi-3
£2,70009/240.34 mi-3
£3,10010/240.35 mi-3
£2,70009/240.38 miClapham Junction, London3
£3,35010/240.4 mi-3
£3,94809/240.43 miBattersea Rise, London, SW113
£2,90009/240.46 mi1 Hawk House, Sullivan Close3
£3,10009/240.46 mi-3
£2,80002/250.46 mi-3
£3,00001/250.49 mi-3
£4,50009/240.49 miBennerley Road, Battersea, London, SW113
£4,69709/240.5 miAltenburg Gardens, London, SW113
£3,75009/240.51 miGartons Way, London, SW113
£4,00009/240.52 miYork Place, London, SW113
£4,80012/240.52 mi-3
£4,30003/250.52 mi-3
£2,90009/240.54 miMelody Road, SW183
£2,95009/240.54 miLavender Gardens, LONDON3
£3,90009/240.54 miEnsign House, Juniper Drive, London, SW183
£3,30009/240.54 mi-3
£9,14309/240.55 miJuniper Drive, London, SW18.3
£8,66709/240.55 miJuniper Drive, Battersea3
£8,66709/240.55 miJuniper Drive, Battersea3
£3,90009/240.55 miJuniper Drive, London, SW183
£3,00009/240.55 miGeraldine Road, London3
£3,00009/240.55 mi-3
£3,90009/240.55 miEnsign House Battersea SW183
£4,09509/240.55 miEnsign House, Juniper Drive, Battersea3

Local Area Statistics

Population in SW11

70,152

Population in London

4,771,921

Town centre distance

5.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Buyer's market

Capital growth (5yrs)

+1%

Property History

Listed for £407,500

February 14, 2025

Description

  • A 3 bedroom top floor flat +
  • Situated to the south of Clapham Junction station and St Johns Hill +

LOT 9 FOR SALE BY ONLINE AUCTION on 06/03/2025 09:30

A three bedroom top floor flat which would benefit from redecoration and improvement. The property is situated to the south of Clapham Junction station and St Johns Hill.
N.B. The access to the flat is to the left hand side of the building.

Local Authority London Borough of Wandsworth
EPC Rating D

Viewings
By prior appointment with the auctioneers

Leasehold - To be offered with a new 125 year lease

Accommodation Top Floor Entrance Hall, reception room, kitchen/diner, 3 bedrooms, bathroom

For viewing times, or agents' details, please go to the Harman Healy website. Interested parties must rely on their own inspection. Measurements are not taken by the auctioneers.

LEGAL DOCUMENTATION can be downloaded for free from our website.

For VIEWING DETAILS please go to the Harman Healy website

Guide price definition - Guide prices are provided as an indication of the sellers current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition - The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.

GENERAL ENQUIRIES: Please read the important information below first and visit our website, which will answer most of your questions.

IMPORTANT INFORMATION

- Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.
- If you are the successful bidder, contracts are exchanged immediately upon the fall of the hammer.
- A 10% deposit subject to a minimum of £3,500 (whichever is the greater) is payable at the point of exchange, along with a £1,500 (including VAT) contracts administration charge.
- All bidders must register online, providing proof of identity (eg. current passport or driving licence) & proof of address (e.g. utility bill or bank statement). If buying in a company name we need a letter of authority on company letterhead, as well a proof of ID & address for a company director or secretary.
- The period allowed for completion of the sale varies but will usually be either 14, 21 or 28 days after the auction, depending on the terms of the contract.
- The golden rule is know what you are bidding on and make sure you have the necessary finance in place before attending the auction. Once you have successfully bid on a property you have entered into a legally binding contract

Agent Details

Harman Healy, Croydon

020 3869 5632

Next Steps?

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