5 Bed Terraced House, Refurb/BRRR, London, SW2 5UH, £1,200,000

Ashmere Grove, London, SW2 5UH - 2 views - 25 days ago

Refurb/BRRR

~178 m²

+20 photos

ValuationFair Value

Sold Prices	£850K - £2.7M
Sold Prices/m²	£5.6K/m² - £12.8K/m²

Square Metres	~178.28 m²
Price/m²	£6.7K/m²
Value Estimate	£1,212,000£1,212,000

End Value (After Refurb)	£1,448,548£1,448,548
Uplift in Value	+21%+21%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£300,000£300,000
Stamp Duty & Legal Fees	£98,450£98,450
Refurb Costs	£94,567£94,567
Bridging Loan Interest	£31,500£31,500
Total Cash In	£526,267£526,267

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£1,448,548£1,448,548
Mortgage (After Refinance)	£1,086,411£1,086,411
Mortgage LTV	75%75%
Cash Released	£186,411£186,411
Cash Left In	£339,856£339,856
Equity	£362,137£362,137
Rent Range	£2,350 - £6,998£2,350 - £6,998
Rent Estimate	£3,707
Running Costs/mo	£5,288£5,288
Cashflow/mo	£-1,581£-1,581
Cashflow/yr	£-18,972£-18,972
Gross Yield	4%4%

Local Sold Prices

51 sold prices from £850K to £2.7M, average is £1.6M. £5.6K/m² to £12.8K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	02/21	0.19 mi	94, Sandmere Road, London, Greater London SW4 7QH	£6,389	162	5	Terraced House
£1.1M	04/21	0.21 mi	14, Sudbourne Road, London, Greater London SW2 5AQ	-	-	5	Terraced House
£1.2M	04/23	0.22 mi	41, Kenwyn Road, London, Greater London SW4 7LJ	-	-	5	Terraced House
£1.2M	05/22	0.25 mi	58, Hayter Road, London, Greater London SW2 5AB	£5,595	210	5	Detached House
£1.1M	08/21	0.25 mi	29, Kings Avenue, London, Greater London SW4 8DX	£7,051	156	5	Terraced House
£850K	11/21	0.25 mi	53, Kings Avenue, London, Greater London SW4 8DX	-	-	5	Terraced House
£1.1M	04/21	0.29 mi	120, Branksome Road, London, Greater London SW2 5JA	£8,918	121	5	Semi-Detached House
£2.1M	11/22	0.31 mi	20, Briarwood Road, London, Greater London SW4 9PX	-	-	5	Terraced House
£1.8M	12/20	0.32 mi	54, Briarwood Road, London, Greater London SW4 9PX	£7,415	236	5	Semi-Detached House
£1.8M	05/23	0.32 mi	48, Briarwood Road, London, Greater London SW4 9PX	-	-	5	Terraced House
£1.8M	03/21	0.33 mi	160, Abbeville Road, London, Greater London SW4 9LP	£10,714	168	5	Terraced House
£1.3M	12/20	0.33 mi	144, Abbeville Road, London, Greater London SW4 9LP	-	-	5	Terraced House
£1.8M	08/21	0.35 mi	4, Crescent Lane, London, Greater London SW4 9PU	-	-	5	Terraced House
£1.3M	12/20	0.35 mi	65, Sudbourne Road, London, Greater London SW2 5AF	£6,579	190	5	Terraced House
£1.0M	03/21	0.35 mi	12, Torrens Road, London, Greater London SW2 5BS	£9,444	108	5	Terraced House
£987.5K	09/22	0.37 mi	102, Hubert Grove, London, Greater London SW9 9PD	-	-	5	Terraced House
£1.8M	02/21	0.37 mi	71, Crescent Lane, London, Greater London SW4 9PT	£9,524	189	5	Terraced House
£1.6M	12/22	0.37 mi	23, Crescent Lane, London, Greater London SW4 9PT	£8,122	197	5	Terraced House
£1.5M	12/23	0.39 mi	14, Edgeley Road, London, Greater London SW4 6EP	£7,116	215	5	Terraced House
£1.2M	08/22	0.39 mi	16, Tasman Road, London, Greater London SW9 9LT	-	-	5	Terraced House
£1.9M	09/23	0.4 mi	23, Leppoc Road, London, Greater London SW4 9LS	£10,670	179	5	Terraced House
£1.7M	05/21	0.4 mi	47, Leppoc Road, London, Greater London SW4 9LS	£8,456	204	5	Terraced House
£1.4M	12/20	0.4 mi	163, Abbeville Road, London, Greater London SW4 9JJ	£9,441	143	5	Semi-Detached House
£1.0M	11/23	0.4 mi	157, Hubert Grove, London, Greater London SW9 9NZ	£9,011	114	5	Terraced House
£1.9M	06/23	0.42 mi	24, Leppoc Road, London, Greater London SW4 9LT	£9,375	200	5	Terraced House
£975K	05/21	0.42 mi	18, Pulross Road, London, Greater London SW9 8AF	£7,276	134	5	Semi-Detached House
£1.0M	12/23	0.42 mi	18, Pulross Road, London, Greater London SW9 8AF	£7,687	134	5	Terraced House
£2.0M	01/21	0.42 mi	15, Elms Crescent, London, Greater London SW4 8QE	-	-	5	Terraced House
£2.5M	10/23	0.42 mi	39, Elms Crescent, London, Greater London SW4 8QE	£11,962	209	5	Semi-Detached House
£1.2M	09/20	0.42 mi	31, Edgeley Road, London, Greater London SW4 6ES	£8,204	142	5	Semi-Detached House
£1.8M	07/23	0.42 mi	49, Edgeley Road, London, Greater London SW4 6ES	£9,424	191	5	Terraced House
£1.2M	03/23	0.43 mi	41, Hargwyne Street, London, Greater London SW9 9RQ	£9,381	131	5	Detached House
£1.7M	06/21	0.44 mi	26, Elms Crescent, London, Greater London SW4 8RA	£8,615	195	5	Semi-Detached House
£1.2M	10/21	0.44 mi	6, Hazlewood Mews, London, Greater London SW9 9BL	£7,041	169	5	Terraced House
£1.4M	03/24	0.44 mi	15, Hemberton Road, London, Greater London SW9 9LF	£10,341	132	5	Terraced House
£1.6M	06/21	0.44 mi	96, Abbeville Road, London, Greater London SW4 9LU	-	-	5	Terraced House
£2.5M	09/22	0.45 mi	15, Rodenhurst Road, London, Greater London SW4 8AE	£10,356	239	5	Semi-Detached House
£1.9M	01/23	0.45 mi	41, Caldervale Road, London, Greater London SW4 9LY	£9,391	197	5	Terraced House
£1.8M	09/21	0.47 mi	30, Caldervale Road, London, Greater London SW4 9LZ	£8,318	220	5	Terraced House
£1.7M	06/21	0.47 mi	20, Caldervale Road, London, Greater London SW4 9LZ	£9,856	174	5	Terraced House
£2.1M	08/23	0.47 mi	8, Caldervale Road, London, Greater London SW4 9LZ	£11,878	181	5	Terraced House
£1.3M	01/21	0.48 mi	99, Hargwyne Street, London, Greater London SW9 9RH	£12,136	103	5	Terraced House
£1.8M	06/22	0.48 mi	36, Crescent Grove, London, Greater London SW4 7AH	-	-	5	Semi-Detached House
£1.8M	09/23	0.48 mi	40, Elms Crescent, London, Greater London SW4 8QZ	£11,905	155	5	Terraced House
£2.3M	03/21	0.49 mi	117, Abbeville Road, London, Greater London SW4 9JL	£8,631	263	5	Terraced House
£1.6M	03/23	0.49 mi	80, Abbeville Road, London, Greater London SW4 9NA	£7,808	203	5	Terraced House
£920K	12/20	0.5 mi	104, Clapham Manor Street, London, Greater London SW4 6EB	£6,216	148	5	Terraced House
£1.3M	09/22	0.5 mi	28, Combermere Road, London, Greater London SW9 9RE	£8,269	156	5	Terraced House
£1.8M	09/23	0.5 mi	7, Franconia Road, London, Greater London SW4 9NB	£9,497	191	5	Terraced House
£2.7M	11/23	0.5 mi	37, Franconia Road, London, Greater London SW4 9NB	£12,810	210	5	Terraced House
£2.7M	11/23	0.5 mi	37, Franconia Road, London, Greater London SW4 9NB	£12,810	210	5	Terraced House

Local Rents

50 rents from £2.4K/mo to £7K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	02/24	0.01 mi	-	3	Flat
£3,000	03/25	0.05 mi	-	3	Flat
£4,850	09/24	0.06 mi	Linom Road, London, SW4	5	Terraced House
£4,850	09/24	0.06 mi	-	5	Terraced House
£4,850	02/25	0.06 mi	-	5	Terraced House
£2,600	10/24	0.09 mi	-	3	Flat
£3,003	09/24	0.1 mi	Kepler Road, SW4	3	Flat
£3,700	02/25	0.11 mi	-	4	Terraced House
£5,800	10/24	0.11 mi	-	6	Terraced House
£3,302	09/24	0.13 mi	Haselrigge Road, Clapham Common, SW4	3	Flat
£2,800	09/24	0.13 mi	Glenelg Road	3	Flat
£3,600	09/24	0.13 mi	-	3	Terraced House
£3,500	09/24	0.14 mi	Corrance Road, Brixton, London, SW2	4	Terraced House
£6,000	01/25	0.14 mi	-	6	Terraced House
£3,100	09/24	0.16 mi	Sandmere Road, Clapham	3	Flat
£6,998	09/24	0.16 mi	Sandmere Road, Clapham, London, SW4	4	Detached House
£2,950	02/24	0.16 mi	-	3	Detached House
£5,650	02/24	0.17 mi	-	5	Terraced House
£2,850	09/24	0.17 mi	Tremadoc Road, Clapham	3	Flat
£2,750	09/24	0.17 mi	Ballater Road, Clapham, London, SW2	3	Flat
£2,900	10/24	0.17 mi	-	3	Flat
£2,350	12/24	0.17 mi	-	3	Flat
£2,800	03/25	0.18 mi	-	3	Flat
£3,400	09/24	0.18 mi	Ballater Road, Brixton	3	Flat
£2,700	02/25	0.18 mi	-	3	Flat
£4,600	09/24	0.18 mi	Northbourne Road, Abbeville Village, SW4	4	Flat
£6,000	09/24	0.18 mi	-	3	Flat
£3,350	09/24	0.2 mi	-	3	Flat
£4,180	09/24	0.21 mi	-	4	Flat
£4,000	09/24	0.21 mi	Welmar Mews London SW4	3	Flat
£3,200	01/25	0.21 mi	-	3	Flat
£4,900	09/24	0.21 mi	Branksome Road, London, SW2	5	Flat
£3,950	09/24	0.21 mi	Ferndale Road, London	4	Flat
£3,000	09/24	0.21 mi	-	3	Flat
£3,250	12/24	0.22 mi	-	3	Flat
£2,700	02/25	0.22 mi	-	3	Flat
£3,800	11/24	0.22 mi	-	4	Terraced House
£4,500	02/24	0.22 mi	-	4	Terraced House
£2,500	09/24	0.22 mi	-	3	House
£2,400	02/25	0.22 mi	-	3	Flat
£2,500	09/24	0.22 mi	Acre Lane, London, SW2	3	Flat
£4,500	02/24	0.22 mi	-	4	Terraced House
£4,100	09/24	0.23 mi	Tremadoc Road, Clapham	4	Flat
£3,300	10/24	0.24 mi	-	3	Flat
£3,300	10/24	0.24 mi	-	3	Flat
£2,925	02/24	0.24 mi	-	3	Flat
£2,580	01/25	0.24 mi	-	3	Flat
£2,600	10/24	0.25 mi	-	3	Flat
£4,000	09/24	0.25 mi	Aristotle Road, Clapham, SW4	4	Detached House
£3,900	11/24	0.26 mi	-	4	Flat

Local Area Statistics

Population in SW2	54,20454,204
Population in London	4,771,9214,771,921
Town centre distance	4.78 miles away4.78 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.33 miles away0.33 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

Listed for £1,200,000

February 18, 2025

Floor Plans

Description

1890 Victorian family house +
Five double bedrooms +
Living and dining rooms +
Fitted kitchen +
Two shower rooms +
Rear garden +
No onward chain +
Cellar +

A spacious five bedroom Victorian terraced house built in 1890 off Acre Lane and near Clapham North Underground station. The house has living and dining rooms, kitchen and garden on the ground floor and five bedrooms and two shower rooms on the upper floors. Some renovation and redecoration is required.

Located within easy reach of Clapham North Underground station, main bus routes on Acre Lane and shops, bars and restaurants on Acre Lane, Bedford Road and Clapham High street. Clapham Common is also nearby.

Ground floor:

Hall; Front door with attractive stained glass insets. Cellar.

Front living room: Into bay. Fireplace. Picture rail.Shelves.

Dining room: french doors to garden. Shelves.

Kitchen: Single drainer stainless steel sink unit with mixer tap, fitted floor and wall cupboards and drawers with melamine work surfaces and tiled splashbacks, large five ring gas hobs and ovens, extractor hood, plumbed for washing machine and dishwasher. Vaillant gas boiler. French doors to garden.

Garden: Paved with flower borders. Potting shed.

Half - landing:

Bedroom 3: To rear. Original fireplace. Double door and single door cupboards.Shelf.

Shower room: Shower cubicle, inset wash hand basin with mixer tap and cupboard underneath, W.C., Heated towel rail and extractor fan.

First floor:

Bedroom 1; Into bay. Fireplace. Picture rail. Shelves.

Bedroom 2: Fireplace. Picture rail. Double door cupboard. Shelves.

Second floor:

Bedroom 4: To rear. Fireplace. Corner cupboard.

Bedroom 5: Into eaves. Two skylights.

Shower room: Tiled shower cubicle. pedestal wash hand basin, W.C. and wall mirror.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Oliver Burn, Clapham

020 3835 3803

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

5 Bed House, Refurb/BRRR, London, SW2 5UP

£995,000

11 views • 2 months ago • 178 m²

4 Bed House, Refurb/BRRR, London, SW2 5RH

£1,275,000

3 months ago • 177 m²

3 Bed House, Refurb/BRRR, London, SW9 9LZ

£875,000

12 days ago • 93 m²

2 Bed House, Refurb/BRRR, London, SW2 5DE

£450,000

3 views • 7 months ago • 68 m²