3 Bed Flat, Single Let, London, SW11 7AB £1,450,000

Madeira Tower, The Residence, Nine Elms, London, SW11 7AB - 5 views - 2 years ago

Leasehold

BTL

~93 m²

ValuationOvervalued

Sold Prices	£200K - £1.7M
Sold Prices/m²	£1.4K/m² - £22.4K/m²

Square Metres	~93 m²
Price/m²	£15.6K/m²
Value Estimate	£600,625£600,625

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£362,500£362,500
Stamp Duty & Legal Fees	£162,450£162,450
Total Cash In	£524,950£524,950

Cash Out
Rent Range	£1,250 - £11,418£1,250 - £11,418
Rent Estimate	£1,265
Running Costs/mo	£4,804£4,804
Cashflow/mo	£-3,539£-3,539
Cashflow/yr	£-42,471£-42,471
Gross Yield	1%1%

Local Sold Prices

50 sold prices from £200K to £1.7M, average is £484.5K. £1.4K/m² to £22.4K/m², average is £6.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£485K	04/25	0.22 mi	24, Temple Court, Thorncroft Street, London SW8 2BD	£6,736	72	3	Flat
£475K	01/23	0.23 mi	28, Davidson Gardens, London, Greater London SW8 2XB	£8,051	59	3	Flat
£475K	06/23	0.23 mi	15, Davidson Gardens, London, Greater London SW8 2XB	£6,333	75	3	Flat
£425K	04/23	0.23 mi	Flat 50, Webb House, Hemans Street, London, Greater London SW8 4SU	-	-	3	Flat
£487K	02/24	0.23 mi	17, Davidson Gardens, London SW8 2XB	£5,867	83	3	Flat
£465K	01/24	0.24 mi	Flat 8, Martin House, Wyvil Road, London, Greater London SW8 2SZ	-	-	3	Flat
£680.5K	08/23	0.28 mi	54a, Goldsboro Road, London, Greater London SW8 4RR	£8,506	80	3	Flat
£485K	06/21	0.29 mi	Flat 23, Abbot Court, Hartington Road, London, Greater London SW8 2BH	-	-	3	Flat
£200K	05/25	0.36 mi	Flat 764, 4, St George Wharf, London SW8 2JF	£1,389	144	3	Flat
£450K	07/23	0.37 mi	Flat 14, Benson Court, Hartington Road, London, Greater London SW8 2EX	-	-	3	Flat
£540K	06/21	0.38 mi	Flat B, 337, Wandsworth Road, London, Greater London SW8 2JQ	£7,606	71	3	Flat
£1.5M	04/25	0.39 mi	105, St George's Square, London SW1V 3QP	£22,426	68	3	Flat
£1.5M	04/25	0.39 mi	105, St George's Square, London SW1V 3QP	-	-	3	Flat
£233K	02/23	0.41 mi	26b, Heyford Avenue, Kennington, London, Greater London SW8 1ED	-	-	3	Flat
£1.6M	01/25	0.42 mi	78, Flat 5, St George's Square, London SW1V 3QX	£12,344	128	3	Flat
£557.5K	12/24	0.43 mi	Whitley House, Flat 58, Churchill Gardens Estate, London SW1V 3BJ	£6,883	81	3	Flat
£350K	05/25	0.51 mi	49, Bonsor House, Stewarts Road, London SW8 4UR	-	-	3	Flat
£350K	05/25	0.51 mi	49, Bonsor House, Stewarts Road, London SW8 4UR	£5,738	61	3	Flat
£430K	06/23	0.51 mi	15, Thessaly Road, London, Greater London SW8 4HR	£4,433	97	3	Flat
£400K	06/23	0.52 mi	Flat 56, Lulworth House, Dorset Road, London, Greater London SW8 1DR	-	-	3	Flat
£470K	10/23	0.52 mi	25, Teversham Lane, London, Greater London SW8 2DJ	-	-	3	Flat
£690K	07/23	0.56 mi	Flat 6, Campbell House, Churchill Gardens, London, Greater London SW1V 3HS	-	-	3	Flat
£610K	03/24	0.56 mi	27, Ebbisham Drive, London, Greater London SW8 1UB	£6,630	92	3	Flat
£401K	01/23	0.58 mi	Flat 25, Bilton House, Wandsworth Road, London, Greater London SW8 4EP	-	-	3	Flat
£570K	11/23	0.59 mi	Flat 31, De Quincey House, Lupus Street, London, Greater London SW1V 3ER	-	-	3	Flat
£615K	08/23	0.59 mi	Flat 27, De Quincey House, Lupus Street, London, Greater London SW1V 3ER	-	-	3	Flat
£367.5K	03/23	0.59 mi	132, Portland Grove, London, Greater London SW8 1JJ	£5,104	72	3	Flat
£765K	03/24	0.6 mi	174, Basement Flat, Cambridge Street, London SW1V 4QE	-	-	3	Flat
£380K	03/25	0.61 mi	Wisden House, 96, Meadow Road, London SW8 1LS	£4,872	78	3	Flat
£610K	01/25	0.61 mi	Littleton House, Flat 42, Lupus Street, London SW1V 3EP	£8,026	76	3	Flat
£1.7M	05/23	0.62 mi	Apartment 68, Faraday House, Aurora Gardens, London, Greater London SW11 8ED	-	-	3	Flat
£498.4K	09/21	0.63 mi	Flat 5, Harleyford Court, Harleyford Road, London, Greater London SE11 5BG	-	-	3	Flat
£392K	04/23	0.63 mi	Flat 8, Goston Gate, Hampson Way, London, Greater London SW8 1HZ	-	-	3	Flat
£595K	02/23	0.65 mi	Flat 62, Nash House, Lupus Street, London, Greater London SW1V 3HQ	-	-	3	Flat
£380K	01/25	0.65 mi	Dovet Court, 13, Mursell Estate, London SW8 1HR	£4,872	78	3	Flat
£385K	05/25	0.65 mi	1, Hardwick House, Union Road, London SW8 2RY	£5,000	77	3	Flat
£385K	05/25	0.65 mi	1, Hardwick House, Union Road, London SW8 2RY	-	-	3	Flat
£410K	01/25	0.65 mi	Dovet Court, 40, Mursell Estate, London SW8 1HR	£4,881	84	3	Flat
£370K	06/21	0.66 mi	Flat 23, Dovet Court, Mursell Estate, London, Greater London SW8 1HR	-	-	3	Flat
£759.4K	04/23	0.68 mi	Flat 17, Landseer House, Cureton Street, London, Greater London SW1P 4EB	-	-	3	Flat
£800K	08/25	0.68 mi	Flat 19, Landseer House, Cureton Street, London SW1P 4EB	-	-	3	Flat
£870K	09/21	0.69 mi	Flat 39, Turner House, Erasmus Street, London, Greater London SW1P 4DZ	-	-	3	Flat
£425K	04/23	0.73 mi	Flat 4, Harcourt House, Albion Avenue, London, Greater London SW8 2AB	-	-	3	Flat
£470K	09/21	0.73 mi	Flat 5, Seymour House, Albion Avenue, London, Greater London SW8 2AA	-	-	3	Flat
£799K	12/22	0.73 mi	Flat 8, Repton House, Charlwood Street, London, Greater London SW1V 2LD	-	-	3	Flat
£990K	09/23	0.73 mi	Flat 8, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	3	Flat
£484K	01/25	0.75 mi	Brockwell House, 6, Vauxhall Street, London SE11 5RN	£6,817	71	3	Flat
£932K	05/23	0.75 mi	Flat 48, Ruskin House, Erasmus Street, London, Greater London SW1P 4HU	-	-	3	Flat
£404K	02/25	0.75 mi	Lucas House, 12, Albion Avenue, London SW8 2AD	£5,611	72	3	Flat
£1.4M	05/23	0.76 mi	Flat K, 59, Warwick Square, London, Greater London SW1V 2AL	£18,133	75	3	Flat

Local Rents

50 rents from £1.3K/mo to £11.4K/mo, average is £6.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£5,200	10/25	0.01 mi	Madeira Tower, The Residence, Nine Elms	3	Flat
£6,873	09/24	0.01 mi	Thornes House, London, SW11	3	Flat
£7,735	07/25	0.02 mi	Thornes House, 40-42 Ponton Road, SW8	3	Flat
£6,608	09/24	0.02 mi	Charles Clowes Walk, The Residence, SW11	3	Flat
£6,153	09/25	0.02 mi	Charles Clowes Walk, The Residence, SW8	3	Flat
£1,270	07/25	0.02 mi	One Linear Place, Ponton Road, London	3	Flat
£7,800	09/24	0.02 mi	Charles Clowes Walk, Nine Elms, London, SW11	3	Flat
£11,418	08/25	0.02 mi	Thornes House, Nine Elms, London, SW11	3	Flat
£11,417	09/25	0.02 mi	Thornes House, Nine Elms, London, SW11	3	Flat
£6,873	09/24	0.02 mi	Thornes House, Charles Clowes Walk, London	3	Flat
£6,154	09/25	0.03 mi	4 Charles Clowes Walk, Nine Elms, London	3	Flat
£11,418	09/25	0.03 mi	Thornes House,6-8 Charles Clowes Walk,London,SW11	3	Flat
£6,153	09/25	0.03 mi	Thornes House, 6-8 Charles Clowes Walk, London, SW11	3	Flat
£6,154	11/25	0.03 mi	4 Charles Clowes Walk, Nine Elms, London	3	Flat
£6,153	10/25	0.03 mi	Thornes House, 6-8 Charles Clowes Walk, London, SW11	3	Flat
£5,655	09/24	0.03 mi	Charles Clowes Walk, London	3	Flat
£1,250	06/25	0.03 mi	Charles Clowes Walk London SW11	3	Flat
£1,250	08/25	0.03 mi	Charles Clowes Walk London SW11	3	Flat
£8,883	09/24	0.03 mi	The Penthouse, Charles Clowes Walk, London, SW11	3	Flat
£7,800	09/24	0.03 mi	Charles Clowes Walk, London	3	Flat
£7,799	10/25	0.03 mi	THORNES HOUSE, CHARLES CLOWES WALK, London, SW11	3	Flat
£7,800	11/24	0.03 mi	-	3	Flat
£7,800	02/25	0.03 mi	-	3	Flat
£7,799	10/25	0.03 mi	Charles Clowes Walk, Battersea, London, SW11	3	Flat
£6,450	09/24	0.03 mi	Charles Clowes Walk, Nine Elms, SW11 7AG	3	Flat
£6,400	09/24	0.03 mi	Thornes House, London, SW11	3	Flat
£6,153	10/25	0.03 mi	Thornes House, Nine Elms, London SW11	3	Flat
£11,418	10/25	0.03 mi	Thornes House, Clowes Walk, Nine Elms, London SW11	3	Flat
£7,799	09/25	0.03 mi	Charles Clowes Walk, Nine Elms, London, SW11	3	Flat
£6,153	10/25	0.03 mi	Thornes House, Nine Elms, London SW11	3	Flat
£6,500	09/25	0.03 mi	-	3	Flat
£7,800	09/25	0.03 mi	-	3	Flat
£6,000	09/25	0.03 mi	-	3	Flat
£5,750	11/25	0.03 mi	-	3	Flat
£5,500	11/25	0.03 mi	-	3	Flat
£5,500	11/25	0.03 mi	-	3	Flat
£6,873	09/24	0.03 mi	Edgware Road, London	3	Flat
£7,734	03/25	0.03 mi	Charles Clowes Walk, Nine Elms	3	Flat
£6,873	09/24	0.03 mi	Charles Clowes Walk, SW11	3	Flat
£6,873	09/24	0.03 mi	4 Charles Clowes Walk, SW11	3	Flat
£6,873	09/24	0.03 mi	Charles Clowes Walk, SW11	3	Flat
£6,873	09/24	0.03 mi	Charles Clowes Walk, London, SW11	3	Flat
£7,735	06/25	0.03 mi	Thornes House, Nine Elms, SW11	3	Flat
£7,735	06/25	0.03 mi	Thornes House, Nine Elms, SW11	3	Flat
£7,734	08/25	0.03 mi	Thornes House, Nine Elms, SW11	3	Flat
£7,799	08/25	0.03 mi	4 Charles Clowes Walk, SW11	3	Flat
£6,153	10/25	0.03 mi	Thornes House, 4 Charles Clowes Walk, SW11	3	Flat
£7,800	07/25	0.03 mi	Thornes House, 6-8 Charles Clowes Walk,London SW11	3	Flat
£7,800	09/25	0.03 mi	Charles Clowes Walk, London, SW11	3	Flat
£11,418	10/25	0.03 mi	Charles Clowes Walk, London, SW11	3	Flat

Local Area Statistics

Population in SW11	70,12470,124
Population in London	4,771,9214,771,921
Town centre distance	3.43 miles away3.43 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+14%+14%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-1%-1%

Property History

Listed for £1,450,000

August 18, 2023

Floor Plans

Description

Three bedroooms +
Three bathrooms +
Private balcony +
Gym, cinema and function room +
24hr Concierge +
Internal area of 1,194 sq ft +
Fantastic transport links +
Three Underground stations within walking distance +

JOHNS&CO proudly presents this exclusive three-bedroom, three-bathroom apartment on the thirteenth floor of Madeira Tower, part of the prestigious The Residence development in the heart of Nine Elms.

Immerse yourself in sophisticated comfort with this property's sleek open plan living and dining area. Enhanced by floor-to-ceiling windows, the space floods with natural light, offering breathtaking views and seamless integration with a private balcony, perfect for relaxation or entertaining.

The contemporary kitchen is a marvel of design, equipped with market-leading appliances and finished to perfection. Here, culinary creativity meets functionality in an inviting space where every meal preparation becomes an occasion.

Three elegant bedrooms await, two featuring luxurious en-suites, and all designed with relaxation and privacy in mind. The guest bathroom continues the theme of understated elegance with its refined fittings and modern flair.

A standout feature of this property is the attention to detail. From the modern design cues to the elegant finishes, every corner of this apartment speaks of quality and style. But it doesn’t end there; residents also enjoy access to an on-site gym, a Meeting Suite, and the convenience of a 24-hour concierge service.

Elegance, luxury, and comfort converge in this exceptional property at Madeira Tower. It's not just a place to live; it's a lifestyle choice that encapsulates the best of modern urban living. Not to be missed, this property offers exceptional living standards!

Agent Details

JOHNS&CO, Nine Elms

020 3897 1908

Next Steps?

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