# 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)