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Ellison Road, Streatham

London

£400,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom garden flat, spanning just under 800 square feet, presents an excellent opportunity for buyers interested in renovation and investment. The property requires modernization, allowing new owners to personalize the space to their tastes and needs. Featuring a separate kitchen/diner and a mature garden, there is ample room for improvement or reconfiguration to maximize functionality and comfort. Located within a sought-after grid near Streatham Common, the home benefits from easy access to public transport options at both Streatham Common and Streatham stations, facilitating convenient commutes to the City and West End. Additionally, a selection of local shops is just around the corner, enhancing everyday convenience for residents. This leasehold property comes with 142 years remaining on the lease and an annual ground rent of £150, making it a compelling choice for those looking to invest in a potentially high-yield asset in an attractive area. The council tax band is C. Interested parties should verify all information prior to proceeding with any decisions regarding the property.

Investment Analysis

(SW16 area)
Area Average
£565/sq ft
Avg Rent (weekly)
£468
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Monthly Sales
46
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SW16)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 2.4%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on SW16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Ellison Road, Streatham
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