2 Bed Flat, Single Let, London, SW8 1DL, £450,000

St. Stephens Terrace, London, SW8 1DL - 2 views - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£267K - £1.4M
Sold Prices/m²	£3K/m² - £17.5K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£561,879£561,879
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£33,700£33,700
Total Cash In	£146,200£146,200

Cash Out
Rent Range	£1,846 - £3,600£1,846 - £3,600
Rent Estimate	£1,919
Running Costs/mo	£1,810£1,810
Cashflow/mo	£109£109
Cashflow/yr	£1,307£1,307
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £267K to £1.4M, average is £431.3K. £3K/m² to £17.5K/m², average is £8.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£305K	12/23	0.05 mi	65, Tradescant Road, London, Greater London SW8 1XJ	£2,961	103	2	Flat
£465K	01/23	0.09 mi	Flat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY	-	-	2	Flat
£510K	12/20	0.11 mi	First Floor Flat, 30, Albert Square, London, Greater London SW8 1DA	£10,408	49	2	Flat
£350K	06/21	0.13 mi	Flat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU	£7,447	47	2	Flat
£580K	01/21	0.14 mi	Flat C, 42, Heyford Avenue, London, Greater London SW8 1EE	-	-	2	Flat
£573.2K	10/21	0.14 mi	65c, Heyford Avenue, London, Greater London SW8 1EB	-	-	2	Flat
£590K	06/23	0.16 mi	160a, Old South Lambeth Road, London, Greater London SW8 1XX	-	-	2	Flat
£270K	09/21	0.16 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat
£267K	01/23	0.17 mi	Flat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£590K	10/23	0.17 mi	35, Heyford Avenue, Kennington, London, Greater London SW8 1EA	-	-	2	Flat
£395K	01/21	0.17 mi	Ground Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY	-	-	2	Flat
£270K	03/23	0.17 mi	Flat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£270K	11/23	0.17 mi	Flat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW	-	-	2	Flat
£282K	03/23	0.18 mi	Flat 77, Wimborne House, Dorset Road, London, Greater London SW8 1AJ	-	-	2	Flat
£741K	01/21	0.19 mi	4, Rita Road, London, Greater London SW8 1JU	£8,718	85	2	Flat
£346K	02/23	0.19 mi	95, Hampson Way, London, Greater London SW8 1HX	£5,014	69	2	Flat
£560K	08/21	0.2 mi	229d, South Lambeth Road, London, Greater London SW8 1XR	-	-	2	Flat
£450K	01/23	0.2 mi	19, Richborne Terrace, London, Greater London SW8 1AS	-	-	2	Flat
£537.5K	10/23	0.23 mi	Top Floor Flat, 108, Clapham Road, London, Greater London SW9 0JU	£7,264	74	2	Flat
£430K	03/21	0.23 mi	Ground Floor Flat, 96, Clapham Road, London, Greater London SW9 0JU	£7,544	57	2	Flat
£481.2K	09/23	0.23 mi	Flat 10, Lang House, Hartington Road, London, Greater London SW8 2HT	-	-	2	Flat
£445K	02/21	0.24 mi	Flat 12, Courthope House, Hartington Road, London, Greater London SW8 2HS	-	-	2	Flat
£530K	08/21	0.24 mi	13, Bakery Close, London, Greater London SW9 0EB	£8,791	60	2	Flat
£300K	11/20	0.25 mi	Flat 63, Holland Rise House, Clapham Road, London, Greater London SW9 0HT	-	-	2	Flat
£1.4M	12/20	0.25 mi	50, Fentiman Road, London, Greater London SW8 1LF	£17,531	81	2	Flat
£625K	04/23	0.26 mi	3, Printers Road, London, Greater London SW9 0BH	£7,703	81	2	Flat
£429K	04/23	0.27 mi	3, Liberty Street, London, Greater London SW9 0EE	£8,755	49	2	Flat
£410K	06/21	0.27 mi	11, Spencer Mews, London, Greater London SW8 1HF	£9,318	44	2	Flat
£432.5K	03/21	0.27 mi	Flat 17, Oliver House, Wyvil Road, London, Greater London SW8 2SX	-	-	2	Flat
£495K	09/21	0.28 mi	96, Liberty Street, London, Greater London SW9 0EF	£5,955	83	2	Flat
£340K	11/21	0.3 mi	Flat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE	-	-	2	Flat
£385K	10/20	0.3 mi	Flat 6, Edgar House, Wyvil Road, London, Greater London SW8 2SS	-	-	2	Flat
£640K	11/21	0.31 mi	44a, Hackford Road, London, Greater London SW9 0RF	£8,964	71	2	Flat
£420K	08/21	0.31 mi	44b, Hackford Road, London, Greater London SW9 0RF	£7,143	59	2	Flat
£500K	04/23	0.31 mi	48b, Hackford Road, London, Greater London SW9 0RF	£8,249	61	2	Flat
£418K	12/20	0.31 mi	36a, Hackford Road, London, Greater London SW9 0RF	£7,887	53	2	Flat
£420K	08/21	0.32 mi	44b, Hackford Road, London, Greater London SW9 0RF	£7,143	59	2	Flat
£407.5K	03/21	0.32 mi	Flat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB	-	-	2	Flat
£350K	06/21	0.32 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£500K	06/21	0.33 mi	62b, Hackford Road, London, Greater London SW9 0RG	£8,818	57	2	Flat
£565K	09/23	0.33 mi	68a, Hackford Road, London, Greater London SW9 0RG	£10,463	54	2	Flat
£440K	02/23	0.33 mi	Second Floor Flat, 80, Meadow Road, London, Greater London SW8 1PP	£10,233	43	2	Flat
£485K	03/23	0.33 mi	Flat 34, Aigburth Mansions, Mowll Street, London, Greater London SW9 0EP	-	-	2	Flat
£512.5K	12/23	0.33 mi	Flat 32, Aigburth Mansions, Mowll Street, London, Greater London SW9 0EP	-	-	2	Flat
£435K	03/23	0.33 mi	Flat 18, Cleveland Mansions, Mowll Street, London, Greater London SW9 0ES	-	-	2	Flat
£420K	09/23	0.34 mi	Flat 7, Jupiter Court, Caldwell Street, London, Greater London SW9 0EX	-	-	2	Flat
£425K	03/21	0.34 mi	Flat 8, Jupiter Court, Caldwell Street, London, Greater London SW9 0EX	-	-	2	Flat
£390K	06/21	0.34 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£370K	02/21	0.34 mi	Flat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£400K	12/20	0.34 mi	Flat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX	-	-	2	Flat

Local Rents

50 rents from £1.8K/mo to £3.6K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,450	11/24	0.04 mi	-	2	Flat
£2,200	03/25	0.06 mi	-	2	Flat
£1,846	09/24	0.07 mi	Sherborne House, SW8	2	Flat
£2,100	02/25	0.07 mi	-	2	Flat
£1,950	01/25	0.09 mi	-	2	Flat
£2,400	01/25	0.12 mi	-	2	Flat
£2,200	09/24	0.12 mi	Victoria Mansions, Vauxhall SW8	2	Flat
£2,080	02/25	0.13 mi	-	2	Flat
£2,350	03/25	0.13 mi	-	2	Flat
£1,900	09/24	0.13 mi	-	2	Flat
£2,100	10/24	0.14 mi	-	2	Flat
£2,700	02/25	0.14 mi	-	2	Flat
£2,350	10/24	0.15 mi	-	2	Flat
£2,500	12/24	0.15 mi	-	2	Flat
£2,200	11/24	0.15 mi	-	2	Flat
£2,400	10/24	0.15 mi	-	2	Flat
£2,500	10/24	0.15 mi	-	2	Flat
£2,250	09/24	0.17 mi	-	2	Flat
£2,050	09/24	0.17 mi	-	2	House
£2,492	09/24	0.17 mi	Thorne Road, London SW8	2	Flat
£2,200	01/25	0.18 mi	-	2	Flat
£2,490	09/24	0.18 mi	-	2	Flat
£2,300	12/24	0.18 mi	-	2	Flat
£2,390	03/25	0.18 mi	-	2	Flat
£2,490	09/24	0.18 mi	Wimborne House, London, SW8	2	Flat
£2,500	09/24	0.19 mi	Richborne Terrace, Oval, SW8	2	Flat
£2,500	03/25	0.19 mi	-	2	Flat
£2,000	09/24	0.19 mi	Hampson Way, London SW8	2	Flat
£2,200	09/24	0.2 mi	-	2	Flat
£2,500	09/24	0.2 mi	Richborne Terrace, London SW8	2	Flat
£3,500	02/25	0.22 mi	-	2	Detached House
£3,600	04/25	0.22 mi	-	2	Detached House
£2,400	09/24	0.22 mi	-	2	House
£2,200	01/25	0.22 mi	-	2	Flat
£2,350	09/24	0.23 mi	Fentiman Road, Oval, SW8	2	Flat
£2,000	03/25	0.24 mi	-	2	Flat
£2,383	09/24	0.24 mi	Bakery Close, London SW9	2	Flat
£2,900	09/24	0.24 mi	Fentiman Road, Nine Elms, SW8	2	Flat
£1,950	09/24	0.24 mi	Bakery Close, Oval, SW9	2	Flat
£2,300	09/24	0.24 mi	Bakery Close, Oval, London, SW9	2	Flat
£2,250	02/24	0.24 mi	-	2	Flat
£2,300	09/24	0.25 mi	Printers Road, London SW9	2	Flat
£2,100	09/24	0.25 mi	-	2	Flat
£2,400	03/25	0.25 mi	-	2	Flat
£2,200	09/24	0.26 mi	Lansdowne Way, London SW8	2	Flat
£2,400	12/24	0.26 mi	-	2	Flat
£2,500	09/24	0.27 mi	Grant House, 90 Liberty Street, SW9	2	Flat
£2,250	09/24	0.27 mi	-	2	Flat
£2,250	09/24	0.27 mi	Palfrey Place, Kennington, London	2	Flat
£2,297	09/24	0.27 mi	Liberty Street, Stockwell	2	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	3.51 miles away3.51 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Listed for £450,000

March 3, 2025

Floor Plans

Description

Bedroom and study +
Open plan living with a bay window +
Newly refurbished shower room +
Private street entrance +
Ample storage +
Desirable road +

Presenting a delightful conversion flat, this property is a sanctuary of style and comfort, situated on a desirable road. Boasting a well-appointed bedroom and a versatile study, this home offers the perfect balance between work and leisure. The open plan living area is bathed in natural light flowing through a bay window, creating a welcoming ambience ideal for relaxation and entertainment.

Recently refurbished, the modern shower room is both sleek and functional. A private street entrance grants exclusivity and convenience, while ample storage spaces cater to practical needs without compromising on elegance.

This property is located in a lovely spot providing easy access to the City and the Westend via Oval, Vauxhall or Stockwell stations.
This property represents a harmonious blend of classic charm and contemporary design, offering a unique opportunity to embrace a sophisticated lifestyle in a sought-after location. With its impeccable interior and prime setting, this home embodies the epitome of refined living and is sure to captivate discerning buyers seeking quality and comfort.

EPC Rating: E

Agent Details

Bhoday Estate Agents, London

020 3974 2797

Next Steps?

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

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