2 Bed Flat, Single Let, London, SW9 0DX, £450,000

South Island Place, London, SW9 0DX - 1 views - a month ago

Leasehold

BTL

ROI: 1%

~68 m²

+8 photos

ValuationUndervalued

Sold Prices	£270K - £1.4M
Sold Prices/m²	£5K/m² - £17.5K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/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	£33,700£33,700
Total Cash In	£146,200£146,200

Cash Out
Rent Range	£1,950 - £3,500£1,950 - £3,500
Rent Estimate	£1,950
Running Costs/mo	£1,816£1,816
Cashflow/mo	£134£134
Cashflow/yr	£1,605£1,605
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £270K to £1.4M, average is £488.5K. £5K/m² to £17.5K/m², average is £8.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£453K	05/23	0.04 mi	Flat B, 54, Crewdson Road, London, Greater London SW9 0LJ	£8,089	56	2	Flat
£725K	09/23	0.04 mi	Flat 8, Glencoe Mansions, Mowll Street, London, Greater London SW9 0ER	-	-	2	Flat
£475K	04/21	0.04 mi	First Floor Flat, 50, Crewdson Road, London, Greater London SW9 0LJ	£8,636	55	2	Flat
£440K	11/20	0.06 mi	105a, Brixton Road, London, Greater London SW9 6EE	-	-	2	Flat
£485K	03/23	0.07 mi	Flat 34, Aigburth Mansions, Mowll Street, London, Greater London SW9 0EP	-	-	2	Flat
£512.5K	12/23	0.07 mi	Flat 32, Aigburth Mansions, Mowll Street, London, Greater London SW9 0EP	-	-	2	Flat
£435K	03/23	0.08 mi	Flat 18, Cleveland Mansions, Mowll Street, London, Greater London SW9 0ES	-	-	2	Flat
£420K	09/23	0.09 mi	Flat 7, Jupiter Court, Caldwell Street, London, Greater London SW9 0EX	-	-	2	Flat
£425K	03/21	0.09 mi	Flat 8, Jupiter Court, Caldwell Street, London, Greater London SW9 0EX	-	-	2	Flat
£825K	03/21	0.11 mi	The Lower Maisonette At, 22, Offley Road, London, Greater London SW9 0LS	-	-	2	Flat
£410K	10/23	0.11 mi	34, Offley Road, London, Greater London SW9 0LS	-	-	2	Flat
£787K	12/20	0.11 mi	14a, Offley Road, London, Greater London SW9 0LS	£7,870	100	2	Flat
£492K	04/23	0.11 mi	Basement Flat, 36, Offley Road, London, Greater London SW9 0LS	£8,339	59	2	Flat
£480K	06/21	0.11 mi	Flat F, 27 - 29, Clapham Road, London, Greater London SW9 0JD	-	-	2	Flat
£300K	11/20	0.14 mi	Flat 63, Holland Rise House, Clapham Road, London, Greater London SW9 0HT	-	-	2	Flat
£537.5K	10/23	0.15 mi	Top Floor Flat, 108, Clapham Road, London, Greater London SW9 0JU	£7,264	74	2	Flat
£430K	03/21	0.15 mi	Ground Floor Flat, 96, Clapham Road, London, Greater London SW9 0JU	£7,544	57	2	Flat
£420K	08/21	0.18 mi	44b, Hackford Road, London, Greater London SW9 0RF	£7,143	59	2	Flat
£600K	03/21	0.18 mi	140a, Brixton Road, London, Greater London SW9 6BA	-	-	2	Flat
£640K	11/21	0.19 mi	44a, Hackford Road, London, Greater London SW9 0RF	£8,964	71	2	Flat
£420K	08/21	0.19 mi	44b, Hackford Road, London, Greater London SW9 0RF	£7,143	59	2	Flat
£500K	04/23	0.19 mi	48b, Hackford Road, London, Greater London SW9 0RF	£8,249	61	2	Flat
£418K	12/20	0.19 mi	36a, Hackford Road, London, Greater London SW9 0RF	£7,887	53	2	Flat
£450K	01/23	0.19 mi	19, Richborne Terrace, London, Greater London SW8 1AS	-	-	2	Flat
£429K	04/23	0.2 mi	3, Liberty Street, London, Greater London SW9 0EE	£8,755	49	2	Flat
£282K	03/23	0.21 mi	Flat 77, Wimborne House, Dorset Road, London, Greater London SW8 1AJ	-	-	2	Flat
£530K	08/21	0.21 mi	13, Bakery Close, London, Greater London SW9 0EB	£8,791	60	2	Flat
£610K	09/23	0.21 mi	1, Cranworth Gardens, London, Greater London SW9 0NS	£8,496	72	2	Flat
£1.4M	12/20	0.23 mi	50, Fentiman Road, London, Greater London SW8 1LF	£17,531	81	2	Flat
£392.5K	02/21	0.23 mi	Flat 5, Alvanley House, Gosling Way, London, Greater London SW9 6JW	-	-	2	Flat
£495K	09/21	0.24 mi	96, Liberty Street, London, Greater London SW9 0EF	£5,955	83	2	Flat
£500K	06/21	0.24 mi	62b, Hackford Road, London, Greater London SW9 0RG	£8,818	57	2	Flat
£565K	09/23	0.24 mi	68a, Hackford Road, London, Greater London SW9 0RG	£10,463	54	2	Flat
£525K	10/23	0.25 mi	The Second Floor Flat At, 49, Hackford Road, London, Greater London SW9 0RE	-	-	2	Flat
£700K	04/23	0.27 mi	88, Cranworth Gardens, London, Greater London SW9 0NT	£9,333	75	2	Flat
£450K	10/21	0.27 mi	80, Cranworth Gardens, London, Greater London SW9 0NT	£8,436	53	2	Flat
£560K	07/23	0.27 mi	98, Cranworth Gardens, London, Greater London SW9 0NT	£7,798	72	2	Flat
£510K	12/20	0.28 mi	First Floor Flat, 30, Albert Square, London, Greater London SW8 1DA	£10,408	49	2	Flat
£625K	04/23	0.29 mi	3, Printers Road, London, Greater London SW9 0BH	£7,703	81	2	Flat
£360.5K	11/21	0.31 mi	Flat 28, Lockwood House, Kennington Oval, London, Greater London SE11 5SZ	-	-	2	Flat
£346K	02/23	0.33 mi	95, Hampson Way, London, Greater London SW8 1HX	£5,014	69	2	Flat
£379K	01/21	0.33 mi	Flat 30, Cliffsend House, Cowley Road, London, Greater London SW9 6HE	-	-	2	Flat
£440K	02/23	0.34 mi	Second Floor Flat, 80, Meadow Road, London, Greater London SW8 1PP	£10,233	43	2	Flat
£585K	03/23	0.35 mi	201, Brixton Road, London, Greater London SW9 6LP	-	-	2	Flat
£590K	03/21	0.35 mi	104e, Vassall Road, London, Greater London SW9 6JA	£6,320	93	2	Flat
£270K	09/21	0.36 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat
£573.2K	10/21	0.39 mi	65c, Heyford Avenue, London, Greater London SW8 1EB	-	-	2	Flat
£430K	06/23	0.39 mi	Flat 5, Wisden House, Meadow Road, London, Greater London SW8 1NA	-	-	2	Flat
£741K	01/21	0.4 mi	4, Rita Road, London, Greater London SW8 1JU	£8,718	85	2	Flat
£580K	01/21	0.4 mi	Flat C, 42, Heyford Avenue, London, Greater London SW8 1EE	-	-	2	Flat

Local Rents

49 rents from £1.9K/mo to £3.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,250	03/25	0.02 mi	-	2	Flat
£2,800	09/24	0.03 mi	-	2	Flat
£2,900	03/25	0.03 mi	-	2	Flat
£2,200	03/25	0.03 mi	-	2	Flat
£2,149	09/24	0.04 mi	Crewdson Road, Oval	2	Flat
£2,249	09/24	0.04 mi	Crewdson Road, Oval	2	Flat
£2,200	09/24	0.04 mi	Handforth Road, Oval, London, SW9	2	Flat
£2,508	09/24	0.05 mi	Handforth Road, London, SW9	2	Flat
£2,200	09/24	0.05 mi	Handforth Road, London SW9	2	Flat
£2,496	09/24	0.05 mi	Handforth Road, Oval, London	2	Flat
£2,100	09/24	0.05 mi	Handforth Road, Vauxhall, London, SW9	2	Flat
£2,446	09/24	0.05 mi	-	2	Flat
£2,508	09/24	0.05 mi	-	2	Flat
£2,600	11/24	0.06 mi	-	2	Flat
£2,300	09/24	0.07 mi	Handforth Road, London SW9	2	Flat
£2,400	02/25	0.07 mi	-	2	Flat
£2,100	09/24	0.08 mi	Mowll Street Oval SW9	2	Flat
£2,190	02/25	0.12 mi	-	2	Flat
£2,500	12/24	0.12 mi	-	2	Flat
£2,050	11/24	0.13 mi	-	2	Flat
£2,250	02/24	0.14 mi	-	2	Flat
£2,300	09/24	0.14 mi	Offley Road, London, SW9	2	Terraced House
£2,250	09/24	0.15 mi	Palfrey Place, Kennington, London	2	Flat
£1,950	09/24	0.15 mi	Caldwell Street, Oval, SW9	2	Flat
£2,275	12/24	0.15 mi	-	2	Flat
£2,200	12/24	0.15 mi	-	2	Flat
£2,600	09/24	0.15 mi	Clapham Road, London SW9	2	Flat
£3,500	03/25	0.15 mi	-	2	Flat
£2,200	09/24	0.16 mi	-	2	Flat
£2,250	09/24	0.16 mi	Prima Road, London	2	Flat
£2,200	03/25	0.16 mi	-	2	Flat
£2,200	03/25	0.16 mi	-	2	Flat
£2,250	03/25	0.16 mi	-	2	Flat
£2,500	11/24	0.17 mi	-	2	Flat
£2,400	02/25	0.17 mi	-	2	Flat
£2,000	09/24	0.17 mi	Claylands Place, SW8	2	Flat
£2,250	03/25	0.18 mi	-	2	Flat
£2,300	09/24	0.18 mi	-	2	Flat
£2,500	09/24	0.19 mi	Richborne Terrace, London SW8	2	Flat
£2,050	11/24	0.19 mi	-	2	Flat
£2,100	12/24	0.2 mi	-	2	Flat
£2,500	09/24	0.2 mi	Richborne Terrace, Oval, SW8	2	Flat
£2,490	09/24	0.2 mi	Wimborne House, London, SW8	2	Flat
£2,490	09/24	0.2 mi	-	2	Flat
£2,300	12/24	0.2 mi	-	2	Flat
£2,390	03/25	0.2 mi	-	2	Flat
£1,950	09/24	0.2 mi	Bakery Close, Oval, SW9	2	Flat
£2,400	12/24	0.21 mi	-	2	Flat
£2,550	09/24	0.21 mi	-	2	Flat

Local Area Statistics

Population in SW9	42,06742,067
Population in London	4,771,9214,771,921
Town centre distance	3.44 miles away3.44 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+0%+0%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+7%+7%

Property History

Listed for £450,000

March 6, 2025

Floor Plans

Description

Top floor apartment +
Open-plan kitchen reception +
Attractive period building +
Residents on street parking +
Two generous bedrooms +
Well appointed bathroom +
Near Oval tube station +
Close to Kennington Park +

A well-presented two double bedroom second floor apartment in this attractive period house conversion. The property is located on the top floor and benefits from no neighbours overhead. To the rear of the flat is a good sized open-plan kitchen reception room. There is a well-appointed bathroom with overhead shower above the bath. At the front of the apartment there is a rather immense sized master bedroom with two windows. The guest bedroom is a still a good sized double. The property is flooded with natural light. All windows have recently been replaced for double-glazed upvc for maximum efficiency.
South Island Place is an attractive Street located in the heart of Oval. There is an abundance of shops, bars and restaurants at both Oval and "The Brixton Road". The vast open spaces of Kennington Park with the attractive tennis Courts are nearby. Oval tube station is just a short walk away.

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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