3 Bed Flat, Single Let, W1T 1EZ, £1,100,000

Percy Mews, London, W1T 1EZT - 2 views - 3 years ago

Leasehold

BTL

~93 m²

+7 photos

ValuationUndervalued

Sold Prices	£212K - £17.0M
Sold Prices/m²	£8.1K/m² - £136K/m²

Square Metres	~93 m²
Price/m²	£11.8K/m²
Value Estimate	£1,342,000£1,342,000
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£275,000£275,000
Stamp Duty & Legal Fees	£85,450£85,450
Total Cash In	£360,450£360,450

Cash Out
Rent Range	£3,350 - £26,806£3,350 - £26,806
Rent Estimate	£4,055
Running Costs/mo	£4,269£4,269
Cashflow/mo	£-213£-213
Cashflow/yr	£-2,562£-2,562
Gross Yield	4%4%

Local Sold Prices

32 sold prices from £212K to £17.0M, average is £1.2M. £8.1K/m² to £136K/m², average is £21.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.4M	10/22	0.18 mi	Flat 115, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AG	-	-	3	Flat
£1.5M	09/23	0.19 mi	Flat 92, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AE	-	-	3	Flat
£1.6M	01/21	0.23 mi	46, Ridgmount Gardens, London, Greater London WC1E 7AT	£11,319	144	3	Flat
£1.6M	07/22	0.24 mi	27a, St Annes Court, London, Greater London W1F 0BN	-	-	3	Flat
£1.3M	07/22	0.3 mi	Flat 38, Gordon Mansions, Torrington Place, London, Greater London WC1E 7HG	-	-	3	Flat
£674K	06/22	0.4 mi	Flat 195, Holcroft Court, Clipstone Street, London, Greater London W1W 5DH	-	-	3	Flat
£1.0M	09/22	0.4 mi	Flat 6, Museum Chambers, Bury Place, London, Greater London WC1A 2LD	-	-	3	Flat
£1.8M	08/21	0.47 mi	178a, Drury Lane, London, Greater London WC2B 5QF	£15,393	117	3	Flat
£1.2M	11/20	0.49 mi	Flat 3, Woburn Court, Bernard Street, London, Greater London WC1N 1LA	-	-	3	Flat
£1.2M	06/22	0.51 mi	Flat 4, Woburn Court, Bernard Street, London, Greater London WC1N 1LA	-	-	3	Flat
£625K	08/22	0.57 mi	Flat 16, Devonshire Court, Boswell Street, London, Greater London WC1N 3PX	-	-	3	Flat
£2.6M	11/22	0.62 mi	Flat D, 42, Devonshire Street, London, Greater London W1G 7AL	£21,240	121	3	Flat
£950K	04/23	0.63 mi	Flat 185, O'donnell Court, Brunswick Centre, London, Greater London WC1N 1AQ	-	-	3	Flat
£880K	09/22	0.68 mi	16a, Orde Hall Street, London, Greater London WC1N 3JW	-	-	3	Flat
£15.5M	08/22	0.68 mi	6, Devonshire Mews South, London, Greater London W1G 6QW	£135,965	114	3	Flat
£550K	11/22	0.72 mi	Flat 20, Wellesley House, Churchway, London, Greater London NW1 1LL	-	-	3	Flat
£6.2M	06/23	0.78 mi	Flat 24, Harley House, Marylebone Road, London, Greater London NW1 5HE	-	-	3	Flat
£3.7M	09/23	0.78 mi	14, Dukes Mews, London, Greater London W1U 3ET	-	-	3	Flat
£490K	11/22	0.8 mi	Flat 12, Queen Alexandra Mansions, Judd Street, London, Greater London WC1H 9DQ	-	-	3	Flat
£212K	09/21	0.81 mi	Flat 9, Troutbeck, Albany Street, London, Greater London NW1 4EG	-	-	3	Flat
£1.3M	01/23	0.85 mi	Second And Third Floor Premises, 34, Doughty Street, London, Greater London WC1N 2AA	-	-	3	Flat
£850K	06/23	0.86 mi	Second Floor Flat C, 20, Nottingham Place, London, Greater London W1U 5NH	-	-	3	Flat
£17.0M	12/22	0.87 mi	Penthouse Flat, 68, Pall Mall, London, Greater London SW1Y 5ES	-	-	3	Flat
£570K	06/23	0.92 mi	Flat 111, Oakshott Court, Polygon Road, London, Greater London NW1 1ST	-	-	3	Flat
£350K	03/21	0.93 mi	Flat 4, Buttermere, Augustus Street, London, Greater London NW1 3TE	-	-	3	Flat
£7.7M	09/23	0.93 mi	1, Russell Court, London, Greater London SW1A 1DA	£34,459	222	3	Flat
£1.1M	04/21	0.94 mi	Flat 67, Wendover Court, Chiltern Street, London, Greater London W1U 7NP	-	-	3	Flat
£1.2M	10/23	0.94 mi	Flat 28, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ	-	-	3	Flat
£2.3M	06/23	0.94 mi	Flat 26, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ	-	-	3	Flat
£575K	06/23	0.96 mi	3a, Ampton Street, London, Greater London WC1X 0LT	£8,099	71	3	Flat
£810K	12/22	0.96 mi	Flat 18, Redman House, Portpool Lane, London, Greater London EC1N 7UA	-	-	3	Flat
£5.4M	10/21	0.96 mi	12, York Terrace West, London, Greater London NW1 4QA	£61,364	88	3	Flat

Local Rents

50 rents from £3.4K/mo to £26.8K/mo, average is £6.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,800	10/24	0.11 mi	-	3	Flat
£6,500	10/24	0.12 mi	Eastcastle Street, Fitzrovia	3	Flat
£6,500	10/24	0.12 mi	Eastcastle Street, Fitzrovia & Covent Garden	3	Flat
£6,500	10/24	0.15 mi	Eastcastle Street, Fitzrovia, London, W1T	3	Flat
£21,017	10/24	0.22 mi	Whitfield Street, Fitzrovia, London, W1T	3	Flat
£8,333	04/25	0.23 mi	-	3	Terraced House
£6,250	10/24	0.25 mi	East Castle Street, Fitzrovia, W1W	3	Flat
£5,959	10/24	0.25 mi	St Annes Court, Soho, London, W1F	3	Flat
£6,500	10/24	0.3 mi	Weymouth Street, London	3	Flat
£5,250	04/25	0.33 mi	-	3	Flat
£4,996	10/24	0.33 mi	Great Titchfield Street, Fitzrovia, London, W1W	3	Flat
£11,050	10/24	0.35 mi	Great Titchfield St, Fitzrovia, London, W1W	3	Flat
£6,000	10/24	0.35 mi	-	3	Flat
£15,000	10/24	0.36 mi	Berwick Street, Soho W1F	3	Flat
£4,312	10/24	0.36 mi	Great Marlborough Street	3	Flat
£8,333	03/25	0.36 mi	-	3	Flat
£4,377	10/24	0.37 mi	Shaftesbury Avenue, Covent Garden, WC2H	3	Flat
£5,417	10/24	0.37 mi	Great Portland Street, Fitzrovia, W1	3	Flat
£5,746	03/25	0.38 mi	-	3	Flat
£4,333	10/24	0.39 mi	Clipstone Street, Fitzrovia, W1W	3	Flat
£5,850	10/24	0.39 mi	Montague Street, Bloomsbury, WC1B	3	Flat
£7,800	02/25	0.39 mi	-	3	Flat
£4,983	10/24	0.41 mi	West Street, Covent Garden, WC2	3	Flat
£4,767	10/24	0.42 mi	Shaftesbury Avenue, W1D	3	Flat
£5,200	10/24	0.43 mi	Cavendish Place, London	3	Flat
£5,503	10/24	0.43 mi	Russell Square, Bloomsbury	3	Flat
£5,417	10/24	0.44 mi	New Cavendish Street, London, W1W	3	Flat
£5,417	10/24	0.44 mi	De Walden Court, 85 New Cavendish Street, London, W1W	3	Flat
£3,350	10/24	0.44 mi	-	3	Flat
£5,417	10/24	0.44 mi	New Cavendish Street Marylebone W1W	3	Flat
£26,806	10/24	0.44 mi	Golden Square, W1F	3	Flat
£3,900	10/24	0.45 mi	New Cavendish Street, Fitzrovia, London, W1W	3	Flat
£6,500	10/24	0.47 mi	Weymouth Street, London, W1W,	3	Flat
£4,500	10/24	0.48 mi	Weymouth Court, 1 Weymouth Street, Marylebone, W1W	3	Flat
£8,750	10/24	0.49 mi	Maddox Street, London, W1S	3	Flat
£4,334	10/24	0.49 mi	Greenwell Street, W1W, Fitzrovia, London, W1W	3	Flat
£4,333	10/24	0.49 mi	Greenwell Street, London, W1W	3	Flat
£6,500	10/24	0.5 mi	Weymouth Street, Marylebone, London	3	Flat
£3,683	03/24	0.5 mi	Lizmans House, 321 Euston Rd, London, NW1	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Marylebone, London, W1W	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Fitzrovia, W1W	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Marylebone, London, W1W	3	Flat
£6,717	10/24	0.51 mi	Weymouth Street, London, W1W	3	Flat
£6,717	10/24	0.51 mi	Weymouth Street, Marylebone, W1W	3	Flat
£6,717	10/24	0.51 mi	10 Weymouth Street, London, Greater London, W1W	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Marylebone	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Marylebone, London, W1W	3	Flat
£9,750	10/24	0.51 mi	Wardour Street, London, W1D	3	Flat
£6,500	10/24	0.51 mi	Weymouth Street, Marylebone, W1W	3	Flat
£6,717	10/24	0.51 mi	10 Weymouth Street, London	3	Flat

Local Area Statistics

Population in W1	29,38329,383
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+47%+47%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £1,100,000

July 8, 2022

Floor Plans

Description

On the market is this first floor, three bedroom lateral flat with terrace.

The property was built as a private mews around 1998.

The apartment is set in a private cobbled mews just of Charlotte Street in the heart of Fitzrovia. The flat is in good condition and has been maintained well.

The property is very close to Oxford Street and Tottenham Court Road Station with the newly opened Elizabeth Line. Soho, Covent Garden and Bloomsbury are all within easy reach.

UCL and LSE Universities are all within walking distance.

Leasehold Approx, 103 years remaining
Service Charge Approx. £2,000 p/a
Ground Rent: Zero
Council Tax Band E - Approx. £2,190 p/a

Agent Details

Winkworth, West End

020 3834 8575

Next Steps?

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

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