3 Bed Flat, Single Let, SW1Y 5JG, £5,000,000

Pall Mall, London, SW1Y 5JGY - 2 years ago

Leasehold

BTL

~93 m²

+6 photos

ValuationOvervalued

Sold Prices	£525K - £17.0M
Sold Prices/m²	£8.5K/m² - £34.5K/m²

Square Metres	~93 m²
Price/m²	£53.8K/m²
Value Estimate	£1,717,029£1,717,029

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£1,250,000£1,250,000
Stamp Duty & Legal Fees	£662,450£662,450
Total Cash In	£1,912,450£1,912,450

Cash Out
Rent Range	£2,600 - £54,167£2,600 - £54,167
Rent Estimate	£3,870
Running Costs/mo	£16,419£16,419
Cashflow/mo	£-12,549£-12,549
Cashflow/yr	£-150,588£-150,588
Gross Yield	1%1%

Local Sold Prices

32 sold prices from £525K to £17.0M, average is £1.4M. £8.5K/m² to £34.5K/m², average is £18.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£17.0M	12/22	0.03 mi	Penthouse Flat, 68, Pall Mall, London, Greater London SW1Y 5ES	-	-	3	Flat
£7.7M	09/23	0.15 mi	1, Russell Court, London, Greater London SW1A 1DA	£34,459	222	3	Flat
£3.4M	07/23	0.54 mi	5, Market Mews, London, Greater London W1J 7BY	£26,537	127	3	Flat
£975K	10/23	0.58 mi	Flat 16, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.0M	08/23	0.58 mi	Flat 17, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£900K	01/23	0.58 mi	Flat 12, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.6M	07/22	0.6 mi	27a, St Annes Court, London, Greater London W1F 0BN	-	-	3	Flat
£2.6M	02/21	0.6 mi	Flat 71, Chesterfield House, Chesterfield Gardens, London, Greater London W1J 5JX	-	-	3	Flat
£1.4M	12/20	0.69 mi	28, Victoria Square, London, Greater London SW1W 0RB	£13,374	103	3	Flat
£1.4M	10/23	0.7 mi	Flat 32, Westminster Mansions, Great Smith Street, London, Greater London SW1P 3BP	-	-	3	Flat
£1.1M	06/21	0.74 mi	Flat 2, Evelyn Mansions, Carlisle Place, London, Greater London SW1P 1NH	-	-	3	Flat
£1.1M	09/23	0.76 mi	Flat 2, Octavia House, Medway Street, London, Greater London SW1P 2TA	-	-	3	Flat
£1.7M	01/23	0.79 mi	Flat 8, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HX	-	-	3	Flat
£2.5M	04/21	0.79 mi	Flat 71, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HZ	-	-	3	Flat
£860K	02/23	0.83 mi	Apartment 616, West Block, Forum Magnum Square, London, Greater London SE1 7GL	-	-	3	Flat
£525K	08/23	0.85 mi	Flat 4, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	3	Flat
£1.4M	10/22	0.85 mi	Flat 115, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AG	-	-	3	Flat
£1.8M	08/21	0.86 mi	178a, Drury Lane, London, Greater London WC2B 5QF	£15,393	117	3	Flat
£1.5M	09/23	0.86 mi	Flat 92, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AE	-	-	3	Flat
£610K	12/22	0.87 mi	Flat 18, Bennett House, Page Street, London, Greater London SW1P 4ET	£8,472	72	3	Flat
£2.3M	06/23	0.87 mi	26, Eccleston Mews, London, Greater London SW1X 8AG	-	-	3	Flat
£1.5M	10/23	0.89 mi	32, Wilton Place, London, Greater London SW1X 8SH	-	-	3	Flat
£600K	01/23	0.9 mi	Flat 60, Tothill House, Page Street, London, Greater London SW1P 4DH	-	-	3	Flat
£972.5K	10/23	0.9 mi	Flat 11, Vincent Square Mansions, Walcott Street, London, Greater London SW1P 2NT	-	-	3	Flat
£1.3M	11/23	0.95 mi	Flat 65, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	3	Flat
£1.5M	09/23	0.96 mi	Flat 11, St Augustines Mansions, Bloomburg Street, London, Greater London SW1V 2RG	-	-	3	Flat
£1.0M	09/22	0.96 mi	Flat 6, Museum Chambers, Bury Place, London, Greater London WC1A 2LD	-	-	3	Flat
£3.7M	09/23	0.97 mi	14, Dukes Mews, London, Greater London W1U 3ET	-	-	3	Flat
£1.7M	10/23	0.97 mi	Flat 62, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	3	Flat
£772.5K	10/21	0.98 mi	Flat 1, Reynolds House, Erasmus Street, London, Greater London SW1P 4HP	-	-	3	Flat
£1.8M	01/21	0.99 mi	Flat 10, Whaddon House, William Mews, London, Greater London SW1X 9HG	-	-	3	Flat
£3.0M	01/23	0.99 mi	8a, Lowndes Place, London, Greater London SW1X 8DD	£21,533	137	3	Flat

Local Rents

50 rents from £2.6K/mo to £54.2K/mo, average is £10K/mo.

Rent	Date	Distance	Address	Beds	Type
£8,000	02/25	0.16 mi	-	3	Terraced House
£14,083	09/24	0.17 mi	Babmaes Street, St. James's, SW1Y	3	Flat
£9,000	09/24	0.17 mi	Bennett House, St James Street, St James, London SW1A	3	Flat
£26,000	09/24	0.2 mi	St. James's Place SW1	3	Flat
£54,167	09/24	0.21 mi	Arlington Street, Mayfair	3	Flat
£54,167	09/24	0.21 mi	Arlington Street, Mayfair	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, St. James's, SW1A	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, Mayfair, London, SW1A	3	Flat
£54,167	09/24	0.22 mi	Arlington Street Mayfair SW1A	3	Flat
£54,167	09/24	0.22 mi	Penthouse, Walpole Mayfair, Arlington Street, London, SW1A	3	Flat
£7,150	10/24	0.27 mi	Dover Street, Mayfair, London, W1S	3	Flat
£3,835	11/24	0.27 mi	-	3	Flat
£6,933	10/24	0.28 mi	-	3	Flat
£3,943	11/24	0.29 mi	-	3	Flat
£10,183	10/24	0.3 mi	Whitcomb Street, Fitzrovia & Covent Garden	3	Flat
£19,500	10/24	0.34 mi	Prince of Wales Terrace, London, WC2N	3	Flat
£3,700	03/25	0.36 mi	-	3	Flat
£2,600	08/24	0.37 mi	-	3	Flat
£3,904	08/24	0.37 mi	-	3	Flat
£6,500	09/24	0.37 mi	-	3	Flat
£3,200	03/24	0.37 mi	Roman Road, E2	3	Flat
£16,250	10/24	0.38 mi	Stratton Street, Mayfair, London, W1J	3	Flat
£13,000	10/24	0.38 mi	W Residences, Wardour Street, Soho, London, W1D	3	Flat
£9,750	10/24	0.38 mi	W Residences, Wardour Street, Soho, London, W1D	3	Flat
£16,250	10/24	0.38 mi	Stratton Street London W1J	3	Flat
£9,750	10/24	0.38 mi	Wardour Street, London, W1D	3	Flat
£6,608	10/24	0.39 mi	Clarges Street, Mayfair, London, W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, London, W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, London, W1J	3	Flat
£6,608	10/24	0.4 mi	13-17 Clarges Street, Mayfair, London, W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, Mayfair	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, Mayfair	3	Flat
£26,806	10/24	0.41 mi	Golden Square, W1F	3	Flat
£4,767	09/24	0.45 mi	Central Building, 3 Matthew Parker Street, Westminster, London, SW1H	3	Flat
£11,917	10/24	0.46 mi	Shepherd Street, Mayfair, London, W1J	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£4,225	09/24	0.46 mi	Brunswick House, 2 Matthew Parker Street, SW1H	3	Flat
£4,225	09/24	0.46 mi	Matthew Parker Street London SW1H	3	Flat
£8,000	09/24	0.47 mi	Millbank Westminster SW1P	3	Flat
£12,783	10/24	0.47 mi	Charles Street, Mayfair	3	Flat
£12,783	10/24	0.47 mi	Charles Street, Mayfair	3	Flat
£4,225	09/24	0.47 mi	Matthew Parker Street, Westminster, London, SW1H	3	Flat
£15,000	10/24	0.47 mi	Berwick Street, Soho W1F	3	Flat
£4,767	10/24	0.48 mi	Shaftesbury Avenue, W1D	3	Flat
£39,000	09/24	0.48 mi	10 Whitehall Place, London, SW1A	3	Flat
£12,783	10/24	0.48 mi	Charles Street, Mayfair, London, W1J	3	Flat
£30,333	09/24	0.48 mi	Corinthia Residences, Whitehall Place, SW1	3	Flat
£23,833	09/24	0.48 mi	Buckingham Gate, London, SW1E	3	Flat

Local Area Statistics

Population in SW1	52,47852,478
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.28 miles away0.28 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-21%-21%

Property History

Listed for £5,000,000

July 21, 2023

Floor Plans

Description

Three bedrooms +
Principal with dressing room & en-suite +
Modern fitted kitchen +
Comfort cooling +
Underfloor heating +
Porter +
Lift +
EPC Rating = B +

A stunning three bedroom apartment in a beautiful boutique development in the heart of St. James's.

Description

A luxurious three bedroom apartment in a beautiful boutique development in the heart of St. James's benefiting from porter, direct lift access and comfort cooling.

The apartment is presented in excellent condition throughout and comprises an open plan reception and kitchen diner with large windows throughout the room allowing an abundance of light and a modern fitted kitchen with Miele appliances.

It further benefits from a large principal bedroom with dressing room and en-suite bathroom along with a further two double bedrooms, one en suite and further shower room and a utility room.

Location

It is located on Pall Mall in St James between Green Park and St James Park. This area contains some of London's most iconic landmarks, including the National Gallery, Trafalgar Square, Buckingham Palace, The Ritz and more.

The transport links are great including both Green Park and Piccadilly underground stations approximately 0.4 miles benefitting from the Jubilee, Piccadilly and Victoria lines.

Square Footage: 1,775 sq ft
Leasehold with approximately 989 years remaining.

Additional Info

Service charge and ground rent paid bi-annually.
Current building insurance: £3,762.83

*These photos were taken in 2017

Agent Details

Savills, Mayfair

020 3907 3011

Next Steps?

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

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents