2 Bed Flat, Single Let, London, SW15 3AW, £615,000

Pipit Drive, London, SW15 3AW - 2 months ago

Leasehold
BTL
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£290K - £880K
Sold Prices/m²£5K/m² - £12.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£9K/m²

Value Estimate

£429,525

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£153,750

Stamp Duty & Legal Fees

£50,200

Total Cash In

£203,950

 

 

Cash Out

 

Rent Range

£1,750 - £6,500

Rent Estimate

£2,000

Running Costs/mo

£2,342

Cashflow/mo

£-342

Cashflow/yr

£-4,102

Gross Yield

4%

Local Sold Prices

50 sold prices from £290K to £880K, average is £462.5K. £5K/m² to £12.1K/m², average is £6.3K/m².

PriceDateDistanceAddressBeds 
£367.5K11/200.08 mi177, Hayward Gardens, London, Greater London SW15 3BX2
£420K01/240.1 mi24, Cotman Close, London, Greater London SW15 6RG2
£695K12/230.12 miFlat 20, Girton House, Manor Fields, London, Greater London SW15 3LN2
£545K11/230.13 mi17c, Westleigh Avenue, London, Greater London SW15 6RF2
£390K11/230.13 mi80, Hayward Gardens, London, Greater London SW15 3BZ2
£610K02/240.14 miArmstrong House, Flat 3, Manor Fields, London, Greater London SW15 3NF2
£334.5K08/210.14 miFlat 17, Jellicoe House, Whitnell Way, London, Greater London SW15 6DD2
£395K06/230.19 miFlat 23, Mildmay House, Whitnell Way, London, Greater London SW15 6BZ2
£725K03/230.25 miFlat 37, Exeter House, Putney Heath, London, Greater London SW15 3SX2
£390.1K11/200.28 mi6, Vandyke Close, London, Greater London SW15 3JQ2
£635K06/230.29 miFlat 7, Heath Mansions, Putney Heath Lane, London, Greater London SW15 3JJ2
£330K12/200.33 mi43, Tildesley Road, London, Greater London SW15 3AA2
£400K11/230.34 miFlat 8, White Court, West Hill, London, Greater London SW15 3JB2
£460K02/240.34 miBrett House, Flat 7, Putney Heath Lane, London, Greater London SW15 3JE2
£364K02/230.38 mi79, Innes Gardens, London, Greater London SW15 3AD2
£375K04/230.38 mi91, Innes Gardens, London, Greater London SW15 3AD2
£475K06/210.43 miFlat 7, Fairlawns, Putney Hill, London, Greater London SW15 6BD2
£575K02/230.46 miFlat 25, Court Royal, Carlton Drive, London, Greater London SW15 2BJ2
£540K03/230.47 miFlat 31, Highlands Heath, Portsmouth Road, London, Greater London SW15 3TR2
£640K09/210.51 miGround Floor Flat, 20, Carmalt Gardens, London, Greater London SW15 6NE2
£700K01/240.56 mi2a, Colinette Road, London, Greater London SW15 6QQ2
£305K02/210.59 mi47, Stapleford Close, London, Greater London SW19 6TQ2
£586K12/200.6 miFlat D402, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3ST2
£465K03/230.6 miFlat F204, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£600K01/210.6 miFlat F203, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£635K03/230.6 miFlat C501, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3ST2
£525K12/200.6 miFlat G203, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£360K10/230.61 mi194, Sutherland Grove, London, Greater London SW18 5QX2
£445K12/200.62 mi31, Burghley Hall Close, London, Greater London SW19 6TN2
£425K10/210.64 miFlat 10, Turner Lodge, Windlesham Grove, London, Greater London SW19 6AG2
£290K05/210.66 mi85, Swanton Gardens, London, Greater London SW19 6BL2
£535K06/210.66 mi24a, Quill Lane, London, Greater London SW15 1PD2
£880K06/210.66 mi30, Werter Road, London, Greater London SW15 2LJ2
£440K09/210.67 miFlat 7, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£465K06/210.67 miFlat 5, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£445K09/210.67 miFlat 8, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£465.8K05/230.67 mi29d, Werter Road, London, Greater London SW15 2LL2
£485K03/240.68 miCromer Court, Flat 5, Cromer Villas Road, London, Greater London SW18 1PL2
£330K02/230.7 miFlat 6, Edgecombe House, Whitlock Drive, London, Greater London SW19 6SL2
£320K11/230.7 miFlat 26, Edgecombe House, Whitlock Drive, London, Greater London SW19 6SL2
£590K05/230.7 mi61b, Medfield Street, London, Greater London SW15 4JY2
£475K11/200.71 mi159, Dover House Road, London, Greater London SW15 5AD2
£370K05/230.71 mi13, Holly Tree Close, London, Greater London SW19 6EA2
£405K05/230.72 mi24, Isis Close, Putney, London, Greater London SW15 6JY2
£509K10/230.72 mi4, Kendal Place, London, Greater London SW15 2QZ2
£375K12/200.73 miFlat 7, Crown Court, Lacy Road, London, Greater London SW15 1NS2
£460K06/210.74 miFlat 9, Stephen Court, Victoria Drive, London, Greater London SW19 6BD2
£585K09/230.74 miFlat 2, Mercury Mansions, Dryburgh Road, London, Greater London SW15 1BT2
£550K03/230.74 mi1, Queens Gate Gardens, London, Greater London SW15 6JN2
£290K03/210.76 miFlat 6, Blendworth Point, Wanborough Drive, London, Greater London SW15 4AL2

Local Rents

50 rents from £1.8K/mo to £6.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25009/240.02 miPipit Drive, Putney Vale, SW152
£2,20009/240.03 mi-2
£2,20009/240.03 miPipit Drive, London, SW152
£2,20012/240.1 mi-2
£2,15002/250.1 mi-2
£2,59504/250.13 mi-2
£2,35009/240.14 miPipit Drive, Putney, London, SW152
£2,00009/240.15 mi-2
£2,00009/240.15 miWaldegrave House, Putney, SW152
£2,25002/250.16 mi-2
£2,75010/240.16 mi-2
£2,75011/240.16 mi-2
£2,70001/250.16 mi-2
£2,50009/240.17 miWestleigh Avenue, Putney2
£2,50009/240.17 miWestleigh Avenue London SW152
£2,45002/250.18 mi-2
£2,45002/250.18 mi-2
£2,45002/250.18 mi-2
£2,45002/250.18 mi-2
£2,45003/250.18 mi-2
£2,20004/250.18 mi-2
£1,95004/250.18 mi-2
£1,95004/250.18 mi-2
£2,25010/240.18 mi-2
£6,50009/240.19 miPutney Hill, SW152
£6,00009/240.19 miHague House, SW152
£2,25012/240.19 mi-2
£2,00009/240.23 mi-2
£2,29502/250.23 mi-2
£2,29502/250.23 mi-2
£2,65011/240.24 mi-2
£1,80009/240.24 miKersfield Road, London2
£2,00009/240.25 miPutney Hill, Putney Hill, London2
£2,39502/250.25 mi-2
£2,39502/250.25 mi-2
£2,39502/250.25 mi-2
£2,25003/250.25 mi-2
£2,25003/250.25 mi-2
£2,15004/250.25 mi-2
£2,25003/250.25 mi-2
£2,45009/240.25 miCollege House, London2
£2,49510/240.25 mi-2
£2,30009/240.26 miCherrywood Drive London SW152
£2,20009/240.26 mi-2
£2,70002/240.26 mi-2
£3,10009/240.26 mi-2
£1,80003/250.27 mi-2
£1,75004/250.27 mi-2
£2,45010/240.28 mi-2
£1,80009/240.28 miVandyke Close, Putney, SW152

Local Area Statistics

Population in SW15

60,344

Population in London

4,771,921

Town centre distance

7.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+2%

Property History

Listed for £615,000

March 4, 2025

Floor Plans

Description

  • Gated Development +
  • Third Floor +
  • 820 Square Feet +
  • Two Bedrooms +
  • Two Bathrooms +
  • Open Plan Reception Room +
  • Covered South East Facing Balcony +
  • Allocated Underground Parking +
  • Bicycle Storage +
  • Established Communal Grounds +

Positioned on the third floor of Skylark Court, this apartment is quietly positioned on the southern side of the building, and offers spacious accommodation. There is an entrance hall with a large utility cupboard, leading through to the open-plan reception room. The kitchen offers generous counter space, and the living area features doors opening to a private, covered balcony, benefiting from a wonderful aspect towards both south and east. Both bedrooms are well proportioned with built in wardrobes. The principal room has an en-suite shower room, with the second bedroom being serviced by a family bathroom across the entrance hall.

The apartment has the benefit of an allocated parking space in the under ground car park below the building, where a communal bike store can also be found.

The gated development further benefits from established communal grounds.

Situation

This secluded and gated Putney Rise development was built in 2016. Located within West Putney, the development is a short walk from the open space of Putney Heath and close to Putney High Street and the town centre. There are good transport links close by, including several frequent bus routes, East Putney Underground Station (District Line) and Putney Mainline Station (Zone 2). Property Ref Number: HAM-56351

Agent Details

Hamptons, Putney

020 3869 5957

Next Steps?

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