3 Bed Flat, Single Let, London, SW19 8JB, £450,000

Gap Road, Wimbledon, London, SW19 8JB - 2 months ago

Leasehold

BTL

ROI: 3%

~93 m²

+8 photos

ValuationUndervalued

Sold Prices	£322.7K - £828K
Sold Prices/m²	£4.9K/m² - £11.9K/m²

Square Metres	~93 m²
Price/m²	£4.8K/m²
Value Estimate	£540,000£540,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£148,700£148,700

Cash Out
Rent Range	£1,900 - £6,000£1,900 - £6,000
Rent Estimate	£2,250
Running Costs/mo	£1,876£1,876
Cashflow/mo	£374£374
Cashflow/yr	£4,485£4,485
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

32 sold prices from £322.7K to £828K, average is £573K. £4.9K/m² to £11.9K/m², average is £7.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£750K	12/20	0.25 mi	111a, Kenilworth Avenue, London, Greater London SW19 7LP	£8,496	88	3	Flat
£780K	12/20	0.37 mi	35, Glendale Drive, London, Greater London SW19 7BG	£6,290	124	3	Flat
£515K	09/23	0.46 mi	31, Lake Close, London, Greater London SW19 7EG	-	-	3	Flat
£550K	06/21	0.53 mi	2b, Dryden Road, London, Greater London SW19 8SG	-	-	3	Flat
£700K	10/21	0.56 mi	29a, Wycliffe Road, London, Greater London SW19 1ES	£7,447	94	3	Flat
£800K	02/23	0.61 mi	First Floor Flat, 10, Farquhar Road, London, Greater London SW19 8DA	-	-	3	Flat
£450K	10/21	0.62 mi	42b, Worple Road Mews, London, Greater London SW19 4DB	£5,921	76	3	Flat
£500K	03/23	0.66 mi	57b, Ryfold Road, London, Greater London SW19 8DF	-	-	3	Flat
£495K	12/20	0.67 mi	52a, Trafalgar Road, London, Greater London SW19 1HR	£4,901	101	3	Flat
£765K	02/21	0.73 mi	833, Garratt Lane, London, Greater London SW17 0PF	£6,892	111	3	Flat
£322.7K	02/23	0.78 mi	Flat 15, Whitchurch Court, Foss Road, London, Greater London SW17 0UA	-	-	3	Flat
£500K	03/21	0.83 mi	38a, Hotham Road, London, Greater London SW19 1BS	£7,143	70	3	Flat
£550K	09/23	0.83 mi	40a, Hotham Road, London, Greater London SW19 1BS	£7,575	73	3	Flat
£590K	08/23	0.84 mi	29a, Pevensey Road, London, Greater London SW17 0HP	£9,833	60	3	Flat
£532.5K	09/21	0.85 mi	2, Aboyne Road, London, Greater London SW17 0AE	-	-	3	Flat
£623.5K	06/21	0.88 mi	59, Boyd Road, London, Greater London SW19 2DF	£9,306	67	3	Flat
£385K	10/23	0.88 mi	43, Boyd Road, London, Greater London SW19 2DF	-	-	3	Flat
£705K	06/21	0.89 mi	Ground Floor Flat, 418, Durnsford Road, London, Greater London SW19 8DZ	£9,400	75	3	Flat
£490K	05/23	0.89 mi	26, Boyd Road, London, Greater London SW19 2DG	£7,656	64	3	Flat
£828K	06/23	0.91 mi	9a, Waldron Road, London, Greater London SW18 3TB	£10,350	80	3	Flat
£618K	07/21	0.92 mi	74, Revelstoke Road, London, Greater London SW18 5PB	£9,088	68	3	Flat
£615K	05/21	0.92 mi	46, Boundary Road, London, Greater London SW19 2AN	£11,898	52	3	Flat
£387.5K	09/23	0.93 mi	2a, Fairlight Road, London, Greater London SW17 0JD	£6,496	60	3	Flat
£593K	04/23	0.93 mi	6a, Thorndean Street, London, Greater London SW18 4HE	£7,701	77	3	Flat
£556K	03/21	0.93 mi	6a, Thorndean Street, London, Greater London SW18 4HE	£7,221	77	3	Flat
£515K	03/23	0.93 mi	61, Fairlight Road, London, Greater London SW17 0JE	£9,415	55	3	Flat
£630K	03/21	0.94 mi	599a, Garratt Lane, London, Greater London SW18 4SU	£6,238	101	3	Flat
£782K	05/23	0.94 mi	127, Burntwood Lane, London, Greater London SW17 0AJ	£8,146	96	3	Flat
£635K	03/21	0.94 mi	3, Acre Road, London, Greater London SW19 2AL	£9,071	70	3	Flat
£533K	03/21	0.95 mi	19, Briscoe Road, London, Greater London SW19 2AH	£6,631	80	3	Flat
£625K	03/21	0.97 mi	50a, Quinton Street, London, Greater London SW18 3QS	£8,333	75	3	Flat
£515K	02/23	0.98 mi	First Floor Flat, 436a, Garratt Lane, London, Greater London SW18 4HN	-	-	3	Flat

Local Rents

43 rents from £1.9K/mo to £6K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,500	03/25	0.05 mi	-	3	Flat
£2,300	03/25	0.05 mi	-	3	Flat
£2,700	09/24	0.08 mi	Ashcombe Road, Wimbledon, London	3	Flat
£3,100	02/25	0.14 mi	-	3	Flat
£2,145	09/24	0.18 mi	Gap Road, Wimbledon, SW19	3	Flat
£2,700	04/25	0.23 mi	-	3	Flat
£2,800	04/25	0.23 mi	-	3	Flat
£2,750	11/24	0.27 mi	-	3	Terraced House
£3,275	09/24	0.3 mi	Evelyn Road, SW19	3	Flat
£3,375	09/24	0.31 mi	Evelyn Road, Wimbledon, London, SW19	3	Flat
£2,650	09/24	0.31 mi	Durnsford Road, Wimbledon	3	Terraced House
£2,800	09/24	0.32 mi	Pitt Crescent, London	3	Flat
£3,150	09/24	0.36 mi	Faraday Road, London, SW19	3	Terraced House
£2,650	09/24	0.36 mi	Kingsley Road, Wimbledon	3	Terraced House
£2,750	09/24	0.36 mi	Glendale Drive, SW19	3	Flat
£6,000	10/24	0.39 mi	-	3	Terraced House
£5,000	12/24	0.39 mi	-	3	Terraced House
£5,000	02/25	0.39 mi	-	3	Terraced House
£2,500	03/25	0.39 mi	-	3	Flat
£1,900	02/25	0.41 mi	-	3	Flat
£3,200	09/24	0.41 mi	Alexandra Road, Wimbledon	3	Flat
£3,500	09/24	0.41 mi	Clarence Road, Wimbledon	3	Terraced House
£2,600	03/25	0.42 mi	-	3	Flat
£2,250	09/24	0.42 mi	Caxton Road, Wimbledon, London, SW19	3	Terraced House
£2,250	09/24	0.42 mi	Caxton Road, Wimbledon, London, SW19	3	Terraced House
£3,500	09/24	0.42 mi	Florence Road, South Park Gardens, London, SW19	3	Flat
£3,000	04/25	0.43 mi	-	3	Flat
£2,250	09/24	0.44 mi	Caxton Road, Wimbledon, London, SW19	3	Terraced House
£2,300	09/24	0.44 mi	Effra Road, London	3	Flat
£3,200	09/24	0.49 mi	Alexandra Road, Wimbledon	3	Flat
£2,950	02/25	0.5 mi	-	3	Flat
£3,000	04/25	0.52 mi	-	3	Terraced House
£2,650	02/24	0.53 mi	-	3	Detached House
£2,950	09/24	0.54 mi	The Broadway Wimbledon SW19	3	Flat
£3,000	09/24	0.54 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat
£3,000	11/24	0.55 mi	-	3	Flat
£3,750	09/24	0.56 mi	Compton Road, Wimbledon, London, SW19	3	Flat
£2,500	02/24	0.59 mi	-	3	Flat
£2,500	09/24	0.59 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat
£3,000	09/24	0.59 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat
£3,000	09/24	0.59 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat
£3,100	09/24	0.59 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat
£2,600	09/24	0.59 mi	Greyhound Parade, Wimbledon Grounds, London, SW17	3	Flat

Local Area Statistics

Population in SW19	77,44177,441
Population in London	4,771,9214,771,921
Town centre distance	8.02 miles away8.02 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+4%+4%

Property History

Price changed to £450,000

April 5, 2025

Listed for £500,000

February 28, 2025

Floor Plans

Description

Located on the 2nd floor of a low-rise development +
Hallway with extensive built-in storage +
Bright dual-aspect reception room with door to balcony +
Separate kitchen with good storage space +
3 good-sized bedrooms, 2 with built-in wardrobes +
Smart bathroom +
Private balcony +
Off-street parking +

Featuring a private balcony and off-street parking, this fantastic 3 bedroom flat offers well proportioned living and entertaining space with modern neutral décor and lovely natural light.

The flat is within easy reach of the fantastic shops, cafes, restaurants and leisure facilities of Wimbledon town centre.

Please use the reference WIMB0221741 when contacting Foxtons.

Agent Details

Foxtons, Wimbledon

020 3834 7933

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.

Sold STC

2 Bed Flat, Single Let, London, SW19 8JT

£489,950

2 views • a month ago • 68 m²

4 Bed House, Single Let, London, SW19 8JE

£950,000

7 views • 7 months ago • 129 m²

Sold STC

5 Bed House, Single Let, London, SW19 8LU

£1,150,000

4 views • 5 months ago • 178 m²

2 Bed Flat, Single Let, London, SW19 8JQ

£450,000

6 months ago • 68 m²