2 Bed Terraced House, Single Let, London, SW18 4EE, £475,000

Garratt Lane, London, SW18 4EE - 3 months ago

Leasehold

BTL

~66 m²

+11 photos

ValuationUndervalued

Sold Prices	£430K - £5.1M
Sold Prices/m²	£6.9K/m² - £20.9K/m²

Square Metres	~66 m²
Price/m²	£7.2K/m²
Value Estimate	£589,000£589,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£154,950£154,950

Cash Out
Rent Range	£1,650 - £3,200£1,650 - £3,200
Rent Estimate	£1,819
Running Costs/mo	£1,868£1,868
Cashflow/mo	£-49£-49
Cashflow/yr	£-590£-590
Gross Yield	5%5%

Local Sold Prices

39 sold prices from £430K to £5.1M, average is £680K. £6.9K/m² to £20.9K/m², average is £9.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£965K	11/23	0.07 mi	10, Twilley Street, London, Greater London SW18 4NS	£13,041	74	2	Terraced House
£748K	01/23	0.07 mi	26, Twilley Street, London, Greater London SW18 4NS	-	-	2	Terraced House
£550.7K	01/23	0.09 mi	7, Crealock Street, London, Greater London SW18 2BS	£10,198	54	2	Terraced House
£590K	09/21	0.12 mi	12, Shire Place, London, Greater London SW18 3BP	£9,833	60	2	Detached House
£620K	05/23	0.12 mi	20, Kimber Road, London, Greater London SW18 4NP	-	-	2	Terraced House
£670K	03/23	0.2 mi	38a, Lydden Grove, London, Greater London SW18 4LN	£10,308	65	2	Terraced House
£430K	07/23	0.3 mi	48, Denton Street, London, Greater London SW18 2JS	£6,935	62	2	Terraced House
£545K	12/20	0.32 mi	4, Mountbatten Mews, London, Greater London SW18 3DH	£9,397	58	2	Terraced House
£605K	12/22	0.35 mi	23, Malva Close, London, Greater London SW18 2JU	£7,678	79	2	Semi-Detached House
£475K	04/21	0.36 mi	121, Wandle Way, London, Greater London SW18 4UL	£8,002	59	2	Terraced House
£830K	12/23	0.4 mi	156, Merton Road, London, Greater London SW18 5SP	£9,079	91	2	Terraced House
£710K	12/23	0.4 mi	14b, Rosehill Road, London, Greater London SW18 2NX	£10,441	68	2	Terraced House
£615K	01/24	0.44 mi	427, Garratt Lane, London, Greater London SW18 4SL	£8,092	76	2	Terraced House
£606K	12/20	0.45 mi	276, Merton Road, London, Greater London SW18 5JN	£7,301	83	2	Terraced House
£765K	06/21	0.52 mi	53, Smeaton Road, London, Greater London SW18 5JJ	-	-	2	Terraced House
£775K	08/21	0.54 mi	5, Tonsley Hill, London, Greater London SW18 1BE	-	-	2	Terraced House
£940K	06/23	0.56 mi	2, Tonsley Place, London, Greater London SW18 1BQ	£7,077	133	2	Semi-Detached House
£740K	02/21	0.58 mi	12, Barchard Street, London, Greater London SW18 1DU	£10,000	74	2	Terraced House
£573.5K	09/23	0.59 mi	126, Penwith Road, Earlsfield, London, Greater London SW18 4QE	£9,750	59	2	Terraced House
£811.1K	07/23	0.59 mi	125a, Balvernie Grove, London, Greater London SW18 5RQ	£10,357	78	2	Semi-Detached House
£967K	06/21	0.63 mi	1, Alma Terrace, London, Greater London SW18 3HT	£12,241	79	2	Terraced House
£665K	07/23	0.65 mi	25, Dempster Road, London, Greater London SW18 1AS	£7,389	90	2	Terraced House
£550K	10/23	0.66 mi	72, Godley Road, London, Greater London SW18 3HD	£9,167	60	2	Terraced House
£670K	09/23	0.67 mi	2, Townsend Mews, London, Greater London SW18 3QD	£10,834	62	2	Terraced House
£680K	06/23	0.67 mi	4, Townsend Mews, London, Greater London SW18 3QD	£11,236	61	2	Terraced House
£775K	02/21	0.69 mi	31, Haldon Road, London, Greater London SW18 1QF	£9,451	82	2	Terraced House
£1.0M	09/21	0.73 mi	17, Dalby Road, London, Greater London SW18 1AW	-	-	2	Terraced House
£1.1M	04/24	0.73 mi	22, Dalby Road, London, Greater London SW18 1AW	£12,500	84	2	Terraced House
£910K	04/23	0.75 mi	129, Astonville Street, London, Greater London SW18 5AQ	-	-	2	Terraced House
£700K	01/21	0.76 mi	15, Marcilly Road, London, Greater London SW18 2HL	£9,091	77	2	Terraced House
£5.1M	02/24	0.78 mi	281, Trinity Road, London, Greater London SW18 3SN	£20,920	244	2	Semi-Detached House
£670K	07/23	0.82 mi	104, Tranmere Road, Earlsfield, London, Greater London SW18 3QT	£9,474	71	2	Terraced House
£620K	01/23	0.86 mi	7, Schubert Road, London, Greater London SW15 2QT	£7,848	79	2	Terraced House
£735K	11/21	0.9 mi	32, Eltringham Street, London, Greater London SW18 1TE	£9,188	80	2	Terraced House
£645K	04/21	0.9 mi	18, Eltringham Street, London, Greater London SW18 1TE	£9,923	65	2	Terraced House
£656K	08/23	0.9 mi	97a, Gartmoor Gardens, London, Greater London SW19 6NX	£11,068	59	2	Terraced House
£735K	09/21	0.91 mi	1, Woodlawn Close, London, Greater London SW15 2RE	£11,308	65	2	Semi-Detached House
£615K	03/21	0.91 mi	3, Woodlawn Close, London, Greater London SW15 2RE	£9,462	65	2	Semi-Detached House
£865K	03/23	0.96 mi	5, Winchester Walk, London, Greater London SW15 2BB	£7,793	111	2	Terraced House

Local Rents

50 rents from £1.6K/mo to £3.2K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,925	03/25	0.02 mi	-	2	Flat
£2,000	09/24	0.03 mi	-	2	Flat
£2,300	10/24	0.05 mi	-	2	Flat
£1,950	11/24	0.06 mi	-	2	Flat
£1,995	09/24	0.06 mi	-	2	Flat
£2,200	04/25	0.06 mi	-	2	Flat
£2,300	09/24	0.07 mi	Furmage Street, London	2	Flat
£2,380	09/24	0.08 mi	-	2	Flat
£2,050	09/24	0.09 mi	Crealock Street, London, SW18	2	Flat
£2,500	04/25	0.09 mi	-	2	Flat
£1,995	12/24	0.09 mi	-	2	Flat
£1,950	03/25	0.1 mi	-	2	Flat
£1,850	09/24	0.1 mi	-	2	Flat
£2,300	09/24	0.1 mi	Swaffield Road London SW18	2	Flat
£2,200	09/24	0.13 mi	-	2	Flat
£2,000	10/24	0.14 mi	-	2	Flat
£1,950	04/25	0.14 mi	-	2	Flat
£2,100	09/24	0.14 mi	Garratt Lane Earlsfield SW18	2	Flat
£2,250	03/25	0.18 mi	-	2	Flat
£2,700	11/24	0.19 mi	-	2	Flat
£2,400	10/24	0.19 mi	-	2	Flat
£1,900	09/24	0.24 mi	Brathway Road, London, SW18	2	Flat
£2,300	09/24	0.25 mi	Argento Tower, Mapleton Road	2	Flat
£2,750	04/25	0.26 mi	-	2	Flat
£2,600	11/24	0.27 mi	-	2	Flat
£2,000	09/24	0.28 mi	Garratt Lane London SW18	2	Flat
£3,000	01/25	0.28 mi	-	2	Flat
£2,950	09/24	0.28 mi	Mapleton Crescent, London	2	Flat
£2,100	09/24	0.29 mi	Atheldene Road, Earlsfield, London, SW18	2	Flat
£2,300	02/25	0.29 mi	-	2	Flat
£2,350	11/24	0.29 mi	-	2	Flat
£2,250	04/25	0.3 mi	-	2	Flat
£2,250	09/24	0.3 mi	Beacon Tower, 1 Spectrum Way, Wandsworth, London, SW18	2	Flat
£2,200	09/24	0.31 mi	Denton Street, Battersea, SW18	2	Flat
£2,250	09/24	0.31 mi	Berisford Mews, St Ann's Crescent, London, SW18	2	Flat
£1,750	09/24	0.32 mi	Marcus Terrace, Wandsworth, London, SW18	2	Flat
£2,600	10/24	0.32 mi	-	2	Flat
£3,000	09/24	0.33 mi	-	2	Flat
£1,650	12/24	0.33 mi	-	2	Flat
£2,200	02/25	0.33 mi	-	2	Flat
£2,200	09/24	0.33 mi	-	2	Flat
£2,000	09/24	0.33 mi	Winfrith Road, London	2	Flat
£1,995	03/25	0.34 mi	-	2	Flat
£2,750	09/24	0.35 mi	Avening Terrace, Putney, London, SW18	2	Terraced House
£3,200	02/25	0.35 mi	-	2	Flat
£2,300	04/25	0.36 mi	-	2	Flat
£2,000	04/25	0.36 mi	-	2	Flat
£1,800	09/24	0.36 mi	Merton Road, Wandsworth, London, SW18	2	Flat
£1,900	09/24	0.36 mi	Merton Road, LONDON	2	Flat
£2,000	11/24	0.36 mi	-	2	Flat

Local Area Statistics

Population in SW18	59,80659,806
Population in London	4,771,9214,771,921
Town centre distance	6.48 miles away6.48 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.58 miles away0.58 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+9%+9%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+3%+3%

Property History

Price changed to £475,000

March 8, 2025

Listed for £500,000

January 21, 2025

Floor Plans

Description

Two Double Bedrooms +
Two Bathrooms (One Being An En-Suite) +
Open Plan Kitchen/Reception Room +
Private Balcony +
Secure Parking +
Communal Roof Terrace +
No Onward Chain +
Close To Central Wandsworth +
Close To Earlsfield Mainline Station +
Close To King George's Park +

A stunning top-floor apartment with two spacious double bedrooms, situated within a modern development on Garratt Lane. This beautifully presented property offers convenient access to Earlsfield Mainline Station and the popular Southside Shopping Centre, known for its wide range of shops and amenities. The accommodation boasts a bright and airy open-plan kitchen and living area, complete with ample space for dining. A Juliet balcony floods the space with natural light, creating a welcoming atmosphere. Both double bedrooms feature built-in wardrobes, while the master bedroom benefits from an en-suite shower room and private balcony access. The two balconies offer a delightful dual-aspect outlook. Additional features include a generous three-piece family bathroom, excellent storage options, a secure underground parking space, and access to a fantastic communal roof terrace. King George’s Park is just a short stroll away, adding to the appeal of this exceptional property. Offered with no onward chain. Leasehold. EPC rating C. Council Tax Band E. Please see the virtual tour provided:

Agent Details

Maalems, Earlsfield

020 3869 5089

Next Steps?

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

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