2 Bed Flat, Single Let, London, SW18 1AZ, £575,000

Omega House, Smugglers Way, Wandsworth , SW18 1AZ - 19 days ago

Leasehold
BTL
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£306K - £776K
Sold Prices/m²£5.7K/m² - £12.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£8.4K/m²

Value Estimate

£589,912
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£46,200

Total Cash In

£189,950

 

 

Cash Out

 

Rent Range

£1,950 - £4,000

Rent Estimate

£2,075

Running Costs/mo

£2,232

Cashflow/mo

£-157

Cashflow/yr

£-1,882

Gross Yield

4%

Local Sold Prices

50 sold prices from £306K to £776K, average is £564K. £5.7K/m² to £12.8K/m², average is £8.7K/m².

PriceDateDistanceAddressBeds 
£495K06/210.05 miFlat 10, Dolphin House, Smugglers Way, London, Greater London SW18 1DE2
£540K11/200.08 miFlat 83, Dolphin House, Smugglers Way, London, Greater London SW18 1DG2
£475K10/230.09 miFlat 94, Dolphin House, Smugglers Way, London, Greater London SW18 1DG2
£460K08/230.09 miFlat 129, Compass House, Smugglers Way, London, Greater London SW18 1DB2
£575K03/240.09 miCompass House, Flat 208, Smugglers Way, London, Greater London SW18 1DQ2
£722K06/230.09 miFlat 133, Compass House, Smugglers Way, London, Greater London SW18 1DB2
£500K06/210.1 miFlat 244, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£610K08/210.1 mi1, Nickols Walk, London, Greater London SW18 1BZ2
£568K08/210.11 miFlat 185, Compass House, Smugglers Way, London, Greater London SW18 1DJ2
£515K07/230.11 miFlat 243, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£520K06/230.11 miFlat 247, Bluewater House, Smugglers Way, London, Greater London SW18 1EA2
£535K10/230.14 miFlat 390, Anchor House, Smugglers Way, London, Greater London SW18 1EN2
£490K04/230.14 miFlat 352, Anchor House, Smugglers Way, London, Greater London SW18 1EL2
£470K11/200.14 miFlat 432, Anchor House, Smugglers Way, London, Greater London SW18 1EX2
£765K06/210.18 mi24, Ebner Street, London, Greater London SW18 1BT2
£372K06/210.26 mi24, Nantes Close, London, Greater London SW18 1JL2
£477.5K03/230.27 mi13b, Alma Road, London, Greater London SW18 1AA2
£610K01/210.3 mi20, Wynter Street, London, Greater London SW11 2TZ2
£420K04/230.31 miFlat 26, Block 3, Philpot Square, London, Greater London SW6 3HX2
£420K02/210.34 mi27, Turenne Close, London, Greater London SW18 1JN2
£434.3K07/230.34 mi50, Fairfield Drive, London, Greater London SW18 1DL2
£341.3K05/230.34 miFlat 213, Chalmers House, York Road, London, Greater London SW11 3QT2
£735K06/210.35 miFirst Floor Flat, 12, Dymock Street, Fulham, London, Greater London SW6 3HA2
£690K12/230.36 miGround Floor Flat, 24, Dymock Street, Fulham, London, Greater London SW6 3HA2
£595K04/230.38 mi195, Carnwath Road, London, Greater London SW6 3EJ2
£470K01/210.39 mi24, Spanish Road, London, Greater London SW18 2HY2
£765K11/230.41 miFirst And Second Floor Flat, 5, Hamble Street, London, Greater London SW6 2RT2
£400K03/230.42 miFlat 13, Alexander Court, Wandsworth Common West Side, London, Greater London SW18 2EJ2
£695K07/230.43 miFlat 13, Molasses House, Clove Hitch Quay, London, Greater London SW11 3TN2
£776K01/240.47 mi9c, Louvaine Road, London, Greater London SW11 2AQ2
£721.3K07/230.48 mi20a, Edenvale Street, London, Greater London SW6 2SF2
£635K03/230.48 mi184a - 184b, St Ann's Hill, London, Greater London SW18 2RT2
£430K02/230.48 miFlat 21, Tower Court, Frogmore, London, Greater London SW18 1HL2
£500K02/210.48 mi3a, Cologne Road, London, Greater London SW11 2AH2
£675K07/230.48 mi106, Townmead Road, London, Greater London SW6 2SG2
£605K09/210.49 mi85a, Stephendale Road, London, Greater London SW6 2LT2
£570K01/210.49 mi35b, Stephendale Road, London, Greater London SW6 2LT2
£610K06/210.5 miFlat 142, Watermans Quay, William Morris Way, London, Greater London SW6 2UW2
£635K03/230.5 miFlat 135, Watermans Quay, William Morris Way, London, Greater London SW6 2UW2
£500K03/210.5 mi33c, Heathfield Road, London, Greater London SW18 2PH2
£510K04/210.5 mi3, St Anns Crescent, London, Greater London SW18 2ND2
£685K02/240.51 mi126, Ground Floor Flat, Plough Road, London, Greater London SW11 2AL2
£750K03/210.52 miFlat 69, Watermans Quay, William Morris Way, London, Greater London SW6 2UU2
£306K01/210.52 miFlat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT2
£595K09/230.54 mi37b, Rosebury Road, London, Greater London SW6 2NQ2
£695K04/240.55 miFerrymans Quay, Flat 3, William Morris Way, London, Greater London SW6 2UT2
£560K02/210.56 mi146a, Townmead Road, London, Greater London SW6 2RH2
£650K04/230.57 miGround Floor Flat, 16, Byam Street, London, Greater London SW6 2RF2
£735K07/230.57 mi92a, Melody Road, London, Greater London SW18 2QG2
£560K05/230.57 miFlat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST2

Local Rents

50 rents from £1.9K/mo to £4K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,25009/240.02 mi-2
£2,40010/240.02 mi-2
£2,73109/240.06 miNew Acres, Wandsworth, SW182
£2,73109/240.06 miNew Acres, Wandsworth, SW182
£2,40003/250.06 mi-2
£2,40003/250.06 mi-2
£2,60009/240.07 miDolphin House, Putney, London, SW182
£2,40003/250.08 mi-2
£2,40003/250.08 mi-2
£2,20003/250.08 mi-2
£2,40003/250.08 mi-2
£2,75002/250.08 mi-2
£2,25012/240.09 mi-2
£2,79909/240.09 miSmugglers Way, London, SW182
£2,30009/240.09 miCompass House, Riverside West2
£2,20009/240.09 miCompass House, Smugglers Way2
£2,25009/240.09 miCompass House, Smugglers Way2
£2,35009/240.09 miSmugglers Way, SW182
£2,42709/240.09 miRiverside West, Smugglers Way, SW182
£2,75009/240.1 miSmugglers Way, Riverside West2
£2,75009/240.1 miNew Acres, Wandsworth, SW182
£2,25009/240.11 miSmugglers Way, Wandsworth2
£3,00002/250.11 mi-2
£2,90009/240.11 miQuarter House, Battersea Reach2
£2,50002/240.11 mi-2
£2,30009/240.11 miRiverside West, Smugglers Way, SW182
£2,60010/240.11 mi-2
£2,50009/240.11 miSmugglers Way, Battersea2
£2,90009/240.12 mi-2
£3,20009/240.13 miAscensis Tower, Battersea Reach2
£2,80009/240.13 miNew Acres, Wandsworth, SW182
£2,80009/240.13 miThe Pinnacle, Battersea Reach2
£2,90009/240.13 miJuniper Drive, Battersea Reach2
£2,89909/240.13 miJuniper Drive, Battersea2
£2,89909/240.13 miJuniper Drive, Battersea2
£3,40009/240.14 miTrafalgar House, Battersea Reach, Wandsworth Town, London, SW182
£2,35009/240.14 miAnchor House, Riverside West2
£2,50004/250.14 mi-2
£1,95002/240.14 mi-2
£2,90009/240.14 miNew Acres, Wandsworth, SW182
£2,60003/250.14 mi-2
£2,64002/240.14 mi-2
£2,00002/240.14 mi-2
£2,70001/250.16 mi-2
£2,70002/250.16 mi-2
£3,50009/240.17 mi-2
£3,75011/240.17 mi-2
£3,25003/250.17 mi-2
£2,55010/240.17 mi-2
£4,00003/250.17 mi-2

Local Area Statistics

Population in SW18

59,806

Population in London

4,771,921

Town centre distance

5.75 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Balanced market

Capital growth (5yrs)

+3%

Property History

Listed for £575,000

March 14, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • 2 Bathrooms +
  • 3rd Floor - 924 Sq. Ft +
  • Great location to Commute into the City or Canary Wharf +
  • 24 Hour Concierge +
  • On-Site Virgin Active Gym +
  • On-Site Nursery & Little Gym +
  • No Chain +
  • Professionally Managed Development +
  • EWS1 - Approved +

A modern two bedroom apartment located in the Omega Building of the established Riverside West Development. The accommodation offers over 920 Sq. Ft of living space and comprises a large reception room with a fully integrated kitchen, large balcony, a master bedroom with en-suite shower room, a second bedroom, separate family bathroom with tub and extra storage in the hallway.

Floor-to-ceiling windows flood the living area with an abundance of natural light, creating a bright & well lit space throughout the day.

Riverside West is a professionally managed riverside development with 24-hour concierge and is conveniently located for commuting into the City or Canary Wharf via Wandsworth Town Station, with Waterloo being only 4 stops away. The development benefits from an on-site Hudson Convenience Store, Virgin Active Gym, Nursery and is conveniently located within walking distance of the Southside Shopping Centre, cinema as well as local shops and restaurants.

Agent Details

Martin & Co, London Riverside

020 3840 3506

Next Steps?

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