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£400,000
Guide Price

2 bed flat for sale Margate Road, London, SW2

2 beds 1 bath Flat/Apartment
Leasehold

Added on 16/09/2026

About this property

Guide Price £400,000 - £450,000 * Offered with the significant benefit of a lease extension upon completion Nestled on a peaceful residential street, this wonderful two-bedroom split-level Victorian conversion flat delivers 762 square feet of beautifully arranged living space. The property perfectly balances timeless period character with a neutral decor and a well-balanced layout, starting from a private ground-floor entrance that leads up to a spacious first-floor landing. At the front of the home, a light and airy reception room serves as an ideal social hub, featuring rich wood flooring, high ceilings, a traditional feature fireplace, and twin sash windows that flood the space with natural light.

Key features

  • Split-level upper floor conversion
  • Lease extended upon completion
  • Well balanced accommodation layout
  • Two comfortable double bedrooms
  • Light airy front reception
  • Ample eaves loft cavity storage
  • Close to Abbeville Village
  • Equidistant to Clapham Brixton

Floorplan

Price guide

This home
£525 / sq ft
Area average (sold)
£691 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£525 per sq ft, below the middle of recent sales in SW2 (£491–£899, 10th–90th percentile, 1,156 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,156 homes sold in SW2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in SW2 →

Location

Margate Road, London, SW2, SW2 5DT

Council tax
Band D (Approx £2,047/year)

Mortgage and stamp duty

Property price £400,000
£200k £600k
Deposit10% £40,000
£0 £400k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £360,000 mortgage. Most lenders would want a household income of about £80,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SW2 5DT. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
48, Margate Road TerracedFeb 20261,356 sq ft £768/sq ft£1,041,615
24, Margate Road TerracedOct 2023980 sq ft £1,017/sq ft£996,500
4, Margate Road TerracedJun 20231,421 sq ft £725/sq ft£1,030,000
36, Margate Road TerracedMay 20231,292 sq ft £821/sq ft£1,060,000
2, Margate Road TerracedJan 20221,389 sq ft £695/sq ft£965,000
40, Margate Road TerracedNov 2021969 sq ft £852/sq ft£825,520
46, Margate Road TerracedJun 2021980 sq ft £766/sq ft£750,000
20, Margate Road TerracedNov 20201,389 sq ft £688/sq ft£956,000

All sales on Margate Road → All sold prices in Lambeth →

Area insights

The neighbourhood around this property.

Marketed by
Winkworth Herne Hill
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