2 Bed Flat, Single Let, London, SW19 6JX, £375,000

Albert Drive, London, SW19 6JX - a month ago

Leasehold

BTL

ROI: 2%

~68 m²

+6 photos

ValuationUndervalued

Sold Prices	£290K - £740K
Sold Prices/m²	£5K/m² - £13.9K/m²

Square Metres	~68.11 m²
Price/m²	£5.5K/m²
Value Estimate	£438,974£438,974
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£93,750£93,750
Stamp Duty & Legal Fees	£26,200£26,200
Total Cash In	£119,950£119,950

Cash Out
Rent Range	£1,700 - £6,067£1,700 - £6,067
Rent Estimate	£1,800
Running Costs/mo	£1,552£1,552
Cashflow/mo	£248£248
Cashflow/yr	£2,978£2,978
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £290K to £740K, average is £422.5K. £5K/m² to £13.9K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£425K	06/21	0.06 mi	32, Lydney Close, London, Greater London SW19 6JN	£5,822	73	2	Flat
£395K	06/21	0.06 mi	52, Lydney Close, London, Greater London SW19 6JN	£5,626	70	2	Flat
£355K	03/21	0.07 mi	Flat 48, Ambleside, Albert Drive, London, Greater London SW19 6JY	-	-	2	Flat
£360K	03/23	0.07 mi	Flat 33, Ambleside, Albert Drive, London, Greater London SW19 6JY	-	-	2	Flat
£350K	03/23	0.08 mi	62, Weydown Close, London, Greater London SW19 6JQ	£5,303	66	2	Flat
£432.5K	06/23	0.08 mi	51, Weydown Close, London, Greater London SW19 6JQ	£6,865	63	2	Flat
£450K	03/23	0.13 mi	Flat 13, Southfields Court, Albert Drive, London, Greater London SW19 6LJ	-	-	2	Flat
£395K	11/20	0.14 mi	Flat 53, Fernwood, Albert Drive, London, Greater London SW19 6LR	£6,270	63	2	Flat
£615K	07/23	0.14 mi	Flat 5, Augustus Court, Augustus Road, London, Greater London SW19 6NA	-	-	2	Flat
£420K	09/21	0.14 mi	21, Claudia Place, London, Greater London SW19 6ES	£6,000	70	2	Flat
£455K	12/20	0.14 mi	57, Claudia Place, London, Greater London SW19 6ES	£6,620	69	2	Flat
£392.5K	09/23	0.14 mi	101, Smithwood Close, London, Greater London SW19 6JH	-	-	2	Flat
£375K	10/23	0.15 mi	58, Augustus Road, London, Greater London SW19 6LZ	£5,952	63	2	Flat
£375K	10/21	0.17 mi	31, Winterfold Close, London, Greater London SW19 6LE	£5,952	63	2	Flat
£440K	07/23	0.18 mi	Flat 10, Cameron Court, Princes Way, London, Greater London SW19 6QY	-	-	2	Flat
£420K	01/21	0.18 mi	Flat 22, Cameron Court, Princes Way, London, Greater London SW19 6QY	-	-	2	Flat
£306K	11/21	0.23 mi	Flat 49, William Harvey House, Whitlock Drive, London, Greater London SW19 6SQ	-	-	2	Flat
£300K	09/21	0.23 mi	Flat 30, William Harvey House, Whitlock Drive, London, Greater London SW19 6SQ	-	-	2	Flat
£340K	02/23	0.26 mi	Flat 7, Doradus Court, Augustus Road, London, Greater London SW19 6EX	-	-	2	Flat
£450K	06/23	0.27 mi	Flat 3, Marsham Court, Victoria Drive, London, Greater London SW19 6BB	-	-	2	Flat
£370K	08/23	0.27 mi	Flat 21, Radley Lodge, Inner Park Road, London, Greater London SW19 6DG	-	-	2	Flat
£460K	06/21	0.29 mi	Flat 9, Stephen Court, Victoria Drive, London, Greater London SW19 6BD	-	-	2	Flat
£395K	01/21	0.32 mi	Flat 18, Oakman House, Tilford Gardens, London, Greater London SW19 6EP	-	-	2	Flat
£330K	02/23	0.32 mi	Flat 6, Edgecombe House, Whitlock Drive, London, Greater London SW19 6SL	-	-	2	Flat
£320K	11/23	0.32 mi	Flat 26, Edgecombe House, Whitlock Drive, London, Greater London SW19 6SL	-	-	2	Flat
£290K	05/21	0.34 mi	85, Swanton Gardens, London, Greater London SW19 6BL	-	-	2	Flat
£365K	03/23	0.34 mi	83, Glen Albyn Road, London, Greater London SW19 6HB	-	-	2	Flat
£445K	12/20	0.35 mi	31, Burghley Hall Close, London, Greater London SW19 6TN	£5,427	82	2	Flat
£370K	05/23	0.35 mi	13, Holly Tree Close, London, Greater London SW19 6EA	£5,522	67	2	Flat
£330K	12/20	0.36 mi	16, Thursley Gardens, London, Greater London SW19 6JT	£5,593	59	2	Flat
£380K	02/23	0.38 mi	Flat 16, Greenfield House, Tilford Gardens, London, Greater London SW19 6DN	-	-	2	Flat
£305K	02/21	0.38 mi	47, Stapleford Close, London, Greater London SW19 6TQ	£5,000	61	2	Flat
£425K	10/21	0.39 mi	Flat 10, Turner Lodge, Windlesham Grove, London, Greater London SW19 6AG	-	-	2	Flat
£621K	04/21	0.4 mi	41, Southlands Drive, London, Greater London SW19 5QH	-	-	2	Flat
£621K	04/21	0.4 mi	41, Southlands Drive, London, Greater London SW19 5QH	-	-	2	Flat
£730K	06/23	0.42 mi	First And Second Floor Flat, 13, Engadine Street, London, Greater London SW18 5BJ	-	-	2	Flat
£475K	12/20	0.43 mi	65, Selhurst Close, London, Greater London SW19 6AY	£8,482	56	2	Flat
£420K	02/21	0.43 mi	87, Selhurst Close, London, Greater London SW19 6AY	£7,060	59	2	Flat
£452K	03/21	0.43 mi	30, Selhurst Close, London, Greater London SW19 6AZ	£7,764	58	2	Flat
£525K	04/23	0.43 mi	30, Selhurst Close, London, Greater London SW19 6AZ	£9,017	58	2	Flat
£625K	04/23	0.45 mi	105 - 107, Replingham Road, London, Greater London SW18 5LU	-	-	2	Flat
£350K	10/23	0.46 mi	Flat 5, Bisley House, Wimbledon Park Side, London, Greater London SW19 5NW	-	-	2	Flat
£500K	04/21	0.49 mi	180a, Revelstoke Road, London, Greater London SW18 5PA	-	-	2	Flat
£642.5K	06/23	0.5 mi	148, Revelstoke Road, London, Greater London SW18 5PA	-	-	2	Flat
£725K	07/23	0.5 mi	Ground Floor Flat, 166, Revelstoke Road, London, Greater London SW18 5PA	£13,942	52	2	Flat
£601.3K	03/23	0.51 mi	92, Chapman Square, London, Greater London SW19 5QW	-	-	2	Flat
£735K	01/24	0.51 mi	73, Chapman Square, London, Greater London SW19 5QU	£7,989	92	2	Flat
£740K	03/23	0.51 mi	70, Chapman Square, London, Greater London SW19 5QU	£7,708	96	2	Flat
£530K	05/23	0.53 mi	13a, Trentham Street, London, Greater London SW18 5AS	£9,463	56	2	Flat
£562.5K	12/20	0.53 mi	19, Trentham Street, London, Greater London SW18 5AS	£9,868	57	2	Flat

Local Rents

50 rents from £1.7K/mo to £6.1K/mo, average is £2.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,400	02/25	0.05 mi	-	2	Flat
£1,900	09/24	0.07 mi	Ambleside, Albert Drive, Southfields	2	Flat
£2,000	09/24	0.07 mi	-	2	Flat
£1,750	02/25	0.08 mi	-	2	Flat
£2,100	10/24	0.09 mi	-	2	Flat
£2,200	04/25	0.11 mi	-	2	Flat
£2,000	09/24	0.11 mi	Princes Way, London	2	Flat
£2,000	09/24	0.14 mi	Augustus Road London SW19	2	Flat
£1,850	10/24	0.14 mi	-	2	Flat
£2,600	09/24	0.14 mi	Augustus Road, Wimbledon	2	Flat
£2,100	09/24	0.14 mi	-	2	Flat
£2,100	09/24	0.14 mi	Fernwood, London, SW19	2	Flat
£1,700	12/24	0.15 mi	-	2	Flat
£2,750	09/24	0.15 mi	Augustus Road, Wimbledon	2	Flat
£2,000	11/24	0.16 mi	-	2	Flat
£2,100	01/25	0.16 mi	-	2	Flat
£1,700	04/25	0.18 mi	-	2	Flat
£2,000	09/24	0.18 mi	Augustus Road, Southfields, London, SW19	2	Flat
£2,300	04/25	0.19 mi	-	2	Flat
£2,100	11/24	0.19 mi	-	2	Flat
£2,300	01/25	0.19 mi	-	2	Flat
£1,850	09/24	0.23 mi	Whitlock Drive, SW19	2	Flat
£1,900	03/25	0.23 mi	-	2	Flat
£1,800	09/24	0.26 mi	Wimbledon Park Road, London	2	Flat
£2,000	09/24	0.26 mi	Wimbledon Park Road, London, SW19	2	Flat
£2,200	01/25	0.28 mi	-	2	Flat
£2,995	11/24	0.3 mi	-	2	Flat
£2,750	09/24	0.3 mi	Inner Park Road, SW19	2	Flat
£1,850	09/24	0.31 mi	Kingfisher Court, Queensmere Road, SW19	2	Flat
£1,900	09/24	0.32 mi	Mynterne Court, Swanton Gardens, Southfields, SW19	2	Flat
£1,800	09/24	0.32 mi	Queensmere Road, Southfields, London, SW19	2	Flat
£2,500	09/24	0.33 mi	Replingham Road, London	2	Flat
£2,250	04/25	0.34 mi	-	2	Flat
£3,500	09/24	0.34 mi	Queensmere Road, Wimbledon, SW19	2	Flat
£3,700	09/24	0.34 mi	Queensmere Road, SW19	2	Flat
£6,067	09/24	0.34 mi	Queenmere Road, SW19	2	Flat
£1,900	09/24	0.35 mi	Holly Tree Close London SW19	2	Flat
£2,200	09/24	0.35 mi	Burghley Hall Close, Wimbledon	2	Flat
£2,100	03/25	0.35 mi	-	2	Flat
£2,250	09/24	0.35 mi	Burghley Hall Close, Southfields, London	2	Flat
£2,000	09/24	0.36 mi	Heythorp Street London SW18	2	Flat
£2,150	11/24	0.37 mi	-	2	Flat
£3,000	09/24	0.38 mi	-	2	Flat
£4,000	09/24	0.39 mi	Southlands Drive, SW19	2	Flat
£2,950	09/24	0.4 mi	Southlands Drive, Wimbledon, London, SW19	2	Flat
£2,500	09/24	0.4 mi	-	2	Flat
£2,095	02/25	0.4 mi	-	2	Flat
£4,250	09/24	0.4 mi	Southlands Drive, SW19	2	Flat
£1,950	02/24	0.41 mi	-	2	Flat
£2,400	12/24	0.41 mi	-	2	Flat

Local Area Statistics

Population in SW19	77,44177,441
Population in London	4,771,9214,771,921
Town centre distance	7.49 miles away7.49 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.32 miles away0.32 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

Listed for £375,000

March 10, 2025

Floor Plans

Description

2 Double Bedrooms +
Ground floor +
Balcony +
Fitted kitchen +
Chain free +
Permit parking +
96 years lease +
Service charge 1,968,93 +

Nestled within the sought-after Albert Drive complex, this well-presented ground floor, two double-bedroom purpose-built flat offers comfortable and convenient living in the heart of Southfields. The property boasts a spacious reception area with access to a private balcony, a separate fitted kitchen, and a modern bathroom with a shower.

Residents benefit from permit parking and a children’s play area within the development. Ideally located, Southfields Underground Station is just moments away, providing excellent transport links, while an array of local cafés, restaurants, and supermarkets are all within easy reach. This is an excellent opportunity for first-time buyers, investors, or those looking for a well-connected London home.

Agent Details

Andrews Estate Agents, Southfields

020 3873 1115

Next Steps?

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

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