Sold Flat

2 PENWITH ROAD

LONDON, EARLSFIELD, GREATER LONDON SW18 4QF

2 beds 1 baths 56 m² Listed 14 Apr 2023 (-1156d)

£500,000

Reduced on 14 Sep 2023

Save

# 2 bedroom flat for sale (SW18 4QF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 PENWITH ROAD, LONDON, EARLSFIELD, GREATER LONDON SW18 4QF |
| Price | £500,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £500,000 Feb 2024 |

## Description

***GUIDE PRICE £500,000 - £550,000***A beautifully presented ground floor Edwardian maisonette with private rear garden.

Accommodation comprises: an entrance hall with useful storage cupboard, a well presented double bedroom, spacious reception room/second bedroom, reception/dining room, stylish kitchen onto a modern family bathroom and a low maintenance and well presented rear garden. The property has the added benefit of having flexible accommodation where the second bedroom could be use as a reception room.

The property is situated in a highly desirable residential road within close proximity of Earlsfield mainline station and Garratt Lanes selection of shops, restaurants and wine bars.

## Property Photos

- ![Photo](/listings/photos/133646516/418451)
- ![Photo](/listings/photos/133646516/418453)
- ![Photo](/listings/photos/133646516/418455)
- ![Photo](/listings/photos/133646516/418457)
- ![Photo](/listings/photos/133646516/418458)
- ![Photo](/listings/photos/133646516/418461)
- ![Photo](/listings/photos/133646516/418463)
- ![Photo](/listings/photos/133646516/418464)

## Floorplans

- ![Floorplan 1](/listings/photos/133646516/418465) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £500,000 | 12/02/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX | £850,750 | 28/11/2025 | Flat |
| 83 RAVENSBURY ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4RX | £665,000 | 24/11/2025 | Flat |
| ACUBA HOUSE FLAT 10 ACUBA ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QS | £600,000 | 29/08/2025 | Flat |
| [Same street] 8A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £750,000 | 22/08/2025 | Flat |
| [Same street] 20A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £840,000 | 17/04/2025 | Flat |
| CUMBER HOUSE FLAT 16 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5JZ | £405,000 | 09/10/2024 | Flat |
| [Same street] 6A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £819,283 | 23/09/2024 | Flat |
| [Same street] 10A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £615,250 | 27/08/2024 | Flat |
| [Same street] 2B PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £625,000 | 23/08/2024 | Semi-detached |
| [Same street] 32 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £595,000 | 19/07/2024 | Flat |
| 505 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5LE | £530,000 | 16/11/2023 | Flat |
| 1E MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES | £510,000 | 10/11/2023 | Flat |
| 1F FLAT 1 MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES | £550,000 | 10/11/2023 | Flat |
| 1F FLAT 2 MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES | £680,000 | 10/11/2023 | Flat |
| 6A STRATHVILLE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QZ | £615,000 | 27/10/2023 | Flat |
| 471 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5LD | £625,000 | 20/10/2023 | Flat |
| [Same street] 24A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £725,000 | 29/09/2023 | Terraced |
| [Same street] 24A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £725,000 | 29/09/2023 | Terraced |
| 59A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX | £522,500 | 08/09/2023 | Flat |
| MILL COURT, 432 FLAT 8 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AE | £225,000 | 04/09/2023 | Flat |
| 71A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX | £765,000 | 01/09/2023 | Flat |
| 7 FLAT 2 REVELSTOKE ROAD, LONDON, MERTON, GREATER LONDON, SW18 5NJ | £425,000 | 31/08/2023 | Flat |
| 8 REVELSTOKE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5PD | £860,000 | 31/08/2023 | Flat |
| [Same street] 4 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £606,500 | 24/08/2023 | Flat |
| MILL COURT, 432 FLAT 5 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AE | £420,000 | 17/08/2023 | Flat |
| 133 GROUND FLOOR FLAT LAVENHAM ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5EP | £660,000 | 28/07/2023 | Flat |
| 15 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PU | £625,000 | 17/07/2023 | Flat |
| 171 ASTONVILLE STREET, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AQ | £625,000 | 03/07/2023 | Flat |
| 31A STRATHVILLE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QX | £742,500 | 16/03/2023 | Flat |
| [Same street] 26A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £780,004 | 30/09/2022 | Flat |
| [Same street] 22 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £768,500 | 18/08/2022 | Flat |
| [Same street] 22A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £595,500 | 11/07/2022 | Other |
| [Same street] 20A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £650,000 | 04/03/2022 | Flat |
| [Same street] 14 GROUND FLOOR MAISONETTE PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £582,500 | 22/09/2021 | Flat |
| [Same street] 36 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF | £525,000 | 29/06/2021 | Flat |

**Street average:** £680,169 (15 sales)
**Area average:** £595,038 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £568,735 (172 Flat, SW18, 2024–2026)
- **Deviation:** -12.1%

## Rental Range

*ONS Price Index of Private Rents (Wandsworth). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,339/mo
- **Realistic:** £2,599/mo
- **Optimistic:** £2,859/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,789/mo

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £324,875
- **Target investor price (1%):** £259,900

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 4%
- **10y growth:** -7.8%

## House Price Index (HM Land Registry)

*Official index for Wandsworth; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.3%
- **5y growth (index):** -3%
- **10y growth (index):** -7.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

56 m²

Last sold

£500,000 Feb 2024

Local average

£568,735 (-12.1%)

Deprivation

Decile 10 (31,266 of 33,755)

Street crime

334 incidents within 1 mile (Apr 2026)

Key features

Two/One Bedroom
Flexible Accommodation
Excellent Condition
Ground Floor
Private Garden
Sought After Location

Additional details

Garden: Yes

Description

*GUIDE PRICE £500,000 - £550,000*A beautifully presented ground floor Edwardian maisonette with private rear garden.

Accommodation comprises: an entrance hall with useful storage cupboard, a well presented double bedroom, spacious reception room/second bedroom, reception/dining room, stylish kitchen onto a modern family bathroom and a low maintenance and well presented rear garden. The property has the added benefit of having flexible accommodation where the second bedroom could be use as a reception room.

The property is situated in a highly desirable residential road within close proximity of Earlsfield mainline station and Garratt Lanes selection of shops, restaurants and wine bars.

Listed by

Earlsfield

Dexters

Reference: 133646516

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	12/02/2024 (2 years ago)	£500,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
59A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX	£850,750	28/11/2025	Flat
83 RAVENSBURY ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4RX	£665,000	24/11/2025	Flat
ACUBA HOUSE FLAT 10 ACUBA ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QS	£600,000	29/08/2025	Flat
Same street 8A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£750,000	22/08/2025	Flat
Same street 20A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£840,000	17/04/2025	Flat
CUMBER HOUSE FLAT 16 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5JZ	£405,000	09/10/2024	Flat
Same street 6A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£819,283	23/09/2024	Flat
Same street 10A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£615,250	27/08/2024	Flat
Same street 2B PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£625,000	23/08/2024	Semi-detached
Same street 32 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£595,000	19/07/2024	Flat
505 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5LE	£530,000	16/11/2023	Flat
1E MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES	£510,000	10/11/2023	Flat
1F FLAT 1 MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES	£550,000	10/11/2023	Flat
1F FLAT 2 MOUNT ROAD, LONDON, MERTON, GREATER LONDON, SW19 8ES	£680,000	10/11/2023	Flat
6A STRATHVILLE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QZ	£615,000	27/10/2023	Flat
471 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5LD	£625,000	20/10/2023	Flat
Same street 24A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£725,000	29/09/2023	Terraced
Same street 24A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£725,000	29/09/2023	Terraced
59A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX	£522,500	08/09/2023	Flat
MILL COURT, 432 FLAT 8 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AE	£225,000	04/09/2023	Flat
71A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PX	£765,000	01/09/2023	Flat
7 FLAT 2 REVELSTOKE ROAD, LONDON, MERTON, GREATER LONDON, SW18 5NJ	£425,000	31/08/2023	Flat
8 REVELSTOKE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5PD	£860,000	31/08/2023	Flat
Same street 4 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£606,500	24/08/2023	Flat
MILL COURT, 432 FLAT 5 MERTON ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AE	£420,000	17/08/2023	Flat
133 GROUND FLOOR FLAT LAVENHAM ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 5EP	£660,000	28/07/2023	Flat
15 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4PU	£625,000	17/07/2023	Flat
171 ASTONVILLE STREET, LONDON, WANDSWORTH, GREATER LONDON, SW18 5AQ	£625,000	03/07/2023	Flat
31A STRATHVILLE ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QX	£742,500	16/03/2023	Flat
Same street 26A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£780,004	30/09/2022	Flat
Same street 22 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£768,500	18/08/2022	Flat
Same street 22A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£595,500	11/07/2022	Other
Same street 20A PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£650,000	04/03/2022	Flat
Same street 14 GROUND FLOOR MAISONETTE PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£582,500	22/09/2021	Flat
Same street 36 PENWITH ROAD, EARLSFIELD, LONDON, WANDSWORTH, GREATER LONDON, SW18 4QF	£525,000	29/06/2021	Flat

Street average: £680,169 (15 sales)

Area average: £595,038 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 4%

10y growth -7.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Wandsworth. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.3%

5y (index) -3%

10y (index) -7.2%

Rental Range

Estimated market rent for Wandsworth. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,339/mo

Realistic £2,599/mo

Optimistic £2,859/mo

Based on Local Authority from postcode lookup → Wandsworth.

LHA (30th percentile) floor for Central London: £1,789/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SW18 4QF

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Penwith Road	0.0 miles
Shop	Trio Hair Studio	0.1 miles
Shop	Wimbledon Farmers' Market	0.2 miles
Train station	Earlsfield	0.4 miles
Train station	Wimbledon Park	0.5 miles
University	Horton Halls Reception	0.9 miles
Hospital	Bridge Lane Health Centre	2.6 miles
University	BIMM Institute London	2.7 miles
Hospital	Chapel Orchard Day Surgery	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	83
Anti-social behaviour	80
Vehicle crime	36
Shoplifting	35
Other theft	21
Burglary	20
Public order	19
Criminal damage and arson	12
Robbery	8
Drugs	7
Bicycle theft	6
Other crime	3
Possession of weapons	2
Theft from the person	2
Total incidents	334

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Wimbledon Park Primary School	Primary	0.2 miles	Outstanding — 9 Dec 2016
Southfields Academy	Secondary	0.3 miles	Good — 19 Jul 2013
Riversdale Primary School	Primary	0.4 miles	Requires improvement — 5 Nov 2023
Earlsfield Primary School	Primary	0.4 miles	Outstanding — 25 Apr 2017
Tram House School	Other	0.5 miles	Good — 13 Jul 2022

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.52%

Max investor price (0.8%) £324,875

Target investor price (1%) £259,900

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).