2 Bed Flat, Single Let, London, SW15 2RF, £275,000

Upper Richmond Road, Putney, SW15 2RF - 1 views - 15 days ago

Leasehold
Auction
BTL
ROI: 8%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£280K - £940K
Sold Prices/m²£4.9K/m² - £10.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£335,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£16,200

Total Cash In

£84,950

 

 

Cash Out

 

Rent Range

£1,795 - £5,000

Rent Estimate

£1,831

Running Costs/mo

£1,246

Cashflow/mo

£585

Cashflow/yr

£7,025

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £280K to £940K, average is £497.8K. £4.9K/m² to £10.7K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£650K11/210.09 mi10, Haldon Road, London, Greater London SW18 1QB2
£495K11/210.1 miFlat 7, Manfred Court, Manfred Road, London, Greater London SW15 2RT2
£486K03/210.1 miFlat 18, Manfred Court, Manfred Road, London, Greater London SW15 2RT2
£535K12/200.11 miGround Floor Flat At, 55, Schubert Road, London, Greater London SW15 2QT2
£486K09/210.14 mi1, St Stephens Gardens, London, Greater London SW15 2RR2
£625K02/230.14 mi5a, Cromford Road, London, Greater London SW18 1NZ2
£425K05/230.14 mi1c, Cromford Road, London, Greater London SW18 1NZ2
£800K01/210.16 mi23a, Cromford Road, London, Greater London SW18 1NZ2
£509K10/230.16 mi4, Kendal Place, London, Greater London SW15 2QZ2
£615K12/200.2 mi90a, Ringford Road, London, Greater London SW18 1RR2
£325K06/210.22 miSecond Floor Flat, 76a, Lebanon Gardens, London, Greater London SW18 1RH2
£570K10/230.24 mi59, West Hill Road, London, Greater London SW18 1LE2
£355K08/230.25 mi107, Ericcson Close, London, Greater London SW18 1SQ2
£630K01/210.27 miFlat B, 117, Oakhill Road, London, Greater London SW15 2QL2
£560K05/230.28 miFlat 15, Milton Court, Chesterton Close, London, Greater London SW18 1ST2
£360K10/230.3 mi194, Sutherland Grove, London, Greater London SW18 5QX2
£595K06/210.33 mi34, Disraeli Gardens, London, Greater London SW15 2QB2
£485K03/240.33 miCromer Court, Flat 5, Cromer Villas Road, London, Greater London SW18 1PL2
£440K09/210.33 miFlat 7, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£465K06/210.33 miFlat 5, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£445K09/210.33 miFlat 8, Cromer Court, Cromer Villas Road, London, Greater London SW18 1PL2
£430K02/230.37 miFlat 21, Tower Court, Frogmore, London, Greater London SW18 1HL2
£575K02/230.4 miFlat 25, Court Royal, Carlton Drive, London, Greater London SW15 2BJ2
£600K09/230.42 mi64b, Wimbledon Park Road, London, Greater London SW18 5SH2
£525K12/200.42 miFlat G203, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£465K03/230.43 miFlat F204, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£600K01/210.43 miFlat F203, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3SG2
£635K03/230.43 miFlat C501, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3ST2
£403.8K02/210.44 mi29, Morris Gardens, London, Greater London SW18 5HL2
£625K01/210.45 mi18b, Winthorpe Road, London, Greater London SW15 2LW2
£586K12/200.46 miFlat D402, Gilbert Scott Building, Scott Avenue, London, Greater London SW15 3ST2
£428K02/210.47 mi135, Merton Road, London, Greater London SW18 5EH2
£490K12/210.51 mi3a, Granville Road, London, Greater London SW18 5SB2
£940K12/210.51 mi27, Granville Road, London, Greater London SW18 5SB2
£306K01/210.51 miFlat 43, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT2
£880K06/210.53 mi30, Werter Road, London, Greater London SW15 2LJ2
£587.5K06/210.53 mi50, Balvernie Grove, London, Greater London SW18 5RU2
£465.8K05/230.54 mi29d, Werter Road, London, Greater London SW15 2LL2
£460K02/210.54 mi211, Merton Road, London, Greater London SW18 5EE2
£475K06/210.55 miFlat 7, Fairlawns, Putney Hill, London, Greater London SW15 6BD2
£495K04/210.56 mi10, Atney Road, London, Greater London SW15 2PS2
£485K03/230.56 mi82, Balvernie Grove, London, Greater London SW18 5RP2
£665K04/230.56 mi29a, Brathway Road, London, Greater London SW18 4BE2
£280K02/230.57 miFlat 78, Wentworth Court, Garratt Lane, London, Greater London SW18 4BT2
£587.5K01/210.58 mi43a, Camborne Road, London, Greater London SW18 4BH2
£510K10/230.6 miGround Floor Flat, 20, Camborne Road, London, Greater London SW18 4BJ2
£500.6K06/210.62 mi154, Balvernie Grove, London, Greater London SW18 5RW2
£635K06/230.65 miFlat 7, Heath Mansions, Putney Heath Lane, London, Greater London SW15 3JJ2
£460K02/240.65 miBrett House, Flat 7, Putney Heath Lane, London, Greater London SW15 3JE2
£400K02/210.66 miFlat 11, Vectis Court, Borrodaile Road, London, Greater London SW18 2LE2

Local Rents

50 rents from £1.8K/mo to £5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,80009/240.01 miUpper Richmond Road, East Putney, London, SW152
£2,20009/240.03 miWest Hill, London2
£2,10009/240.03 miWest Hill, Putney, London2
£2,40009/240.04 miWest Hill, Putney, London, SW152
£2,80009/240.04 mi-2
£2,80009/240.04 miUpper Richmond Road, London, SW152
£1,85009/240.04 miUpper Richmond Road, London2
£2,65009/240.05 mi-2
£2,50003/250.09 mi-2
£2,50009/240.1 miHolm Oak Close, London, SW152
£1,90003/250.1 mi-2
£2,00009/240.11 miSchubert Road, Putney, SW152
£2,10011/240.12 mi-2
£2,50009/240.12 miWest Hill London SW152
£2,18001/250.13 mi-2
£2,10009/240.14 mi-2
£2,40009/240.14 miUpper Richmond Road, Putney2
£2,20009/240.15 miSchubert Road, Putney2
£2,69511/240.15 mi-2
£2,85012/240.15 mi-2
£1,85002/240.15 mi-2
£2,29503/250.16 mi-2
£2,29503/250.17 mi-2
£2,20009/240.17 miCromford Road, Putney2
£2,25009/240.19 miRingford Road, Wandworth2
£2,75010/240.19 mi-2
£2,50010/240.2 mi-2
£2,99511/240.21 mi-2
£2,30009/240.21 miOakhill Road, Putney SW152
£2,15002/240.22 mi-2
£2,10002/250.22 mi-2
£4,20001/250.24 mi-2
£2,20011/240.25 mi-2
£2,05009/240.25 mi-2
£1,95010/240.25 mi-2
£1,79510/240.25 mi-2
£2,40004/250.26 mi-2
£2,35009/240.26 miOakhill Road, Putney, SW152
£2,75009/240.27 miJephtha Road, LONDON2
£2,79509/240.27 miSwish Apartments, Putney2
£2,50009/240.27 miUpper Richmond Road, Putney2
£5,00009/240.27 miOakhill Road, SW152
£2,10009/240.27 miOakhill Road Putney SW152
£2,50009/240.27 mi-2
£2,25009/240.28 miOakhill Road, Putney, SW152
£2,50009/240.28 mi-2
£2,60003/250.29 mi-2
£2,85009/240.29 miJephtha Road, London, SW182
£2,10009/240.29 miSouthfields Road Wandsworth SW182
£1,80009/240.3 miSutherland Grove, SW182

Local Area Statistics

Population in SW15

60,344

Population in London

4,771,921

Town centre distance

6.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+2%

Property History

Listed for £275,000

March 19, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • Upon instruction of AMG +
  • EPC Rating - D +
  • To View: By arrangement with Auctioneers +

SUMMARY
AUCTION SALE 15 April 2025 - Leasehold ground floor flat
46 years remaining on lease

DESCRIPTION
Leasehold ground floor flat
46 years remaining on lease

Location:
The property is located on Upper Richmond Road. Shopping amenities can be found locally within Putney and Wandsworth, with Central London to the north east. Public transport links are available at East Putney Tube Station (District Line) and Putney Train Station to the north west and Wandsworth Town Train Station to the north east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A205 and A3. Recreational pursuits can be found at King George's Park to the south east and Wimbledon and Putney Commons to the south west.

Accommodation:
Two bedrooms, reception room, kitchen, bathroom/wc, separate wc.

EPC Rating: D

Council Tax Band: D

Lease:
Held on a lease for a term of 99 years from 25/12/1971.

To view:
Strictly by arrangement with the auctioneers.

Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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