2 Bed Flat, Single Let, London, SW3 5ES, £875,000

King's Road, Chelsea SW3 5ES - 4 views - 2 years ago

Under Offer

Leasehold

BTL

~68 m²

+2 photos

ValuationOvervalued

Sold Prices	£230K - £8.0M
Sold Prices/m²	£5.1K/m² - £31.2K/m²

Square Metres	~68.11 m²
Price/m²	£12.8K/m²
Value Estimate	£810,681£810,681

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£218,750£218,750
Stamp Duty & Legal Fees	£58,700£58,700
Total Cash In	£277,450£277,450

Cash Out
Rent Range	£2,300 - £6,933£2,300 - £6,933
Rent Estimate	£2,383
Running Costs/mo	£3,231£3,231
Cashflow/mo	£-848£-848
Cashflow/yr	£-10,176£-10,176
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £230K to £8.0M, average is £835K. £5.1K/m² to £31.2K/m², average is £11.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	11/21	0.06 mi	Flat 10, Beaufort House, Beaufort Street, London, Greater London SW3 5AD	£9,857	105	2	Flat
£1.5M	02/24	0.08 mi	Beaufort Mansions, Flat 60, Beaufort Street, London, Greater London SW3 5AF	£13,378	111	2	Flat
£292K	10/20	0.13 mi	7, Camera Place, London, Greater London SW10 0BH	£5,123	57	2	Flat
£840K	01/23	0.15 mi	Flat 29, Elm Park Mansions, Park Walk, London, Greater London SW10 0AW	-	-	2	Flat
£830K	03/21	0.16 mi	Flat 151, Elm Park Mansions, Park Walk, London, Greater London SW10 0AS	-	-	2	Flat
£740K	03/21	0.16 mi	Flat 68, Elm Park Mansions, Park Walk, London, Greater London SW10 0AP	-	-	2	Flat
£670K	10/23	0.16 mi	Flat 125, Elm Park Mansions, Park Walk, London, Greater London SW10 0AR	-	-	2	Flat
£800K	01/24	0.16 mi	Flat 132, Elm Park Mansions, Park Walk, London, Greater London SW10 0AR	-	-	2	Flat
£905K	01/24	0.16 mi	Flat 27, Elm Park Mansions, Park Walk, London, Greater London SW10 0AW	-	-	2	Flat
£695K	07/23	0.16 mi	Flat 105, Elm Park Mansions, Park Walk, London, Greater London SW10 0AR	-	-	2	Flat
£1.4M	07/23	0.19 mi	Flat F, 45 - 48, Gertrude Street, London, Greater London SW10 0JQ	£17,188	80	2	Flat
£1.4M	12/20	0.19 mi	Flat D, 46, Gertrude Street, London, Greater London SW10 0JQ	£15,489	92	2	Flat
£812.5K	04/21	0.2 mi	Lower Ground Floor Flat, 1, Callow Street, London, Greater London SW3 6BJ	-	-	2	Flat
£350K	07/23	0.21 mi	The Studio Flat, 106, Beaufort Street, London, Greater London SW3 6BU	-	-	2	Flat
£604.5K	10/23	0.21 mi	First Floor Flat, 104, Beaufort Street, London, Greater London SW3 6BU	£12,337	49	2	Flat
£505K	02/23	0.24 mi	Flat 35, Blantyre Tower, Worlds End Estate, London, Greater London SW10 0EH	-	-	2	Flat
£1.0M	10/23	0.25 mi	Flat 2, Kings Mansions, Lawrence Street, London, Greater London SW3 5ND	-	-	2	Flat
£875K	06/23	0.25 mi	Ground Floor Flat, 18, Bramerton Street, London, Greater London SW3 5JX	£16,264	54	2	Flat
£515K	08/23	0.26 mi	Flat 28, Greaves Tower, Worlds End Estate, London, Greater London SW10 0EA	-	-	2	Flat
£1.1M	02/23	0.31 mi	Flat 1, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE	-	-	2	Flat
£1.0M	02/21	0.32 mi	31a, Cremorne Road, London, Greater London SW10 0NB	-	-	2	Flat
£1.4M	11/20	0.33 mi	Garden Maisonette, 105, Oakley Street, London, Greater London SW3 5NR	-	-	2	Flat
£680K	05/23	0.33 mi	Flat 51, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£575K	06/21	0.33 mi	Flat 35, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£575K	04/23	0.33 mi	Flat 52, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£1.1M	09/21	0.34 mi	22a, Redcliffe Road, London, Greater London SW10 9NP	£16,568	64	2	Flat
£600K	06/21	0.34 mi	2, 38, Fernshaw Road, London, Greater London SW10 0TF	-	-	2	Flat
£1.3M	08/21	0.35 mi	Flat 9, Drayton Court, Drayton Gardens, London, Greater London SW10 9RQ	-	-	2	Flat
£886K	05/23	0.35 mi	Flat 7, Drayton Court, Drayton Gardens, London, Greater London SW10 9RQ	-	-	2	Flat
£880K	11/20	0.36 mi	Flat 4, Hollywood Court, Hollywood Road, London, Greater London SW10 9HR	-	-	2	Flat
£4.6M	05/23	0.36 mi	5, Elm Place, London, Greater London SW7 3QH	£31,190	147	2	Flat
£935K	11/20	0.36 mi	538c, Kings Road, London, Greater London SW10 0UB	-	-	2	Flat
£700K	08/23	0.37 mi	28d, Thorney Crescent, London, Greater London SW11 3TT	£11,864	59	2	Flat
£350K	12/23	0.38 mi	9e, Thorney Crescent, London, Greater London SW11 3TR	£6,034	58	2	Flat
£800K	08/23	0.38 mi	9a, Redcliffe Place, London, Greater London SW10 9DB	£11,940	67	2	Flat
£724K	04/23	0.39 mi	1a, Finborough Road, London, Greater London SW10 9DA	-	-	2	Flat
£715K	06/21	0.4 mi	9g, Thorney Crescent, London, Greater London SW11 3TR	£11,464	62	2	Flat
£600K	02/21	0.4 mi	39b, Uverdale Road, London, Greater London SW10 0SN	-	-	2	Flat
£552K	03/23	0.43 mi	22, Battersea Bridge Road, London, Greater London SW11 3AG	£8,326	66	2	Flat
£1.4M	07/23	0.44 mi	Flat 32, Milliner House, Hortensia Road, London, Greater London SW10 0QB	-	-	2	Flat
£770K	03/21	0.44 mi	Flat 1, Milliner House, Hortensia Road, London, Greater London SW10 0QB	-	-	2	Flat
£230K	07/21	0.44 mi	34i, Cranley Gardens, London, Greater London SW7 3DD	-	-	2	Flat
£1.4M	02/23	0.45 mi	Flat 47, Mathison House, Coleridge Gardens, London, Greater London SW10 0RR	-	-	2	Flat
£915K	03/21	0.45 mi	36, Upcerne Road, London, Greater London SW10 0SQ	£11,024	83	2	Flat
£8.0M	07/23	0.46 mi	Ground And Lower Ground Floor Flat, 20, Tregunter Road, London, Greater London SW10 9LH	-	-	2	Flat
£1.4M	01/23	0.47 mi	57, Ifield Road, London, Greater London SW10 9AX	-	-	2	Flat
£900K	01/23	0.47 mi	40a, Finborough Road, London, Greater London SW10 9EG	-	-	2	Flat
£460K	05/23	0.47 mi	Garden Flat, 42, Redcliffe Gardens, London, Greater London SW10 9HB	-	-	2	Flat
£1.2M	09/21	0.47 mi	Flat 54, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RT	-	-	2	Flat
£1.3M	05/21	0.47 mi	Flat 113, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RY	-	-	2	Flat

Local Rents

50 rents from £2.3K/mo to £6.9K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,383	09/24	0.02 mi	Kings Road, Chelsea, SW3	2	Flat
£2,500	09/24	0.03 mi	-	2	Flat
£4,996	09/24	0.05 mi	Beaufort Street, Chelsea, London, SW3	2	Flat
£3,683	09/24	0.06 mi	Beaufort Mansions, Beaufort Street, London, SW3	2	Flat
£3,575	09/24	0.07 mi	Kings Road, Kings Road, London, SW3	2	Flat
£2,850	09/24	0.08 mi	Beaufort Street, Chelsea, SW3	2	Flat
£2,817	09/24	0.1 mi	Milman's Street, London, SW10	2	Flat
£3,251	10/24	0.12 mi	-	2	Flat
£3,000	10/24	0.12 mi	-	2	Flat
£2,492	09/24	0.13 mi	Elm Park Mansions, London, SW10	2	Flat
£2,492	09/24	0.13 mi	-	2	Flat
£3,900	09/24	0.13 mi	Elm Park Road, Chelsea, SW3	2	Flat
£3,900	09/24	0.14 mi	Elm Park Road, South Kensington, London, SW3	2	Flat
£2,708	09/24	0.15 mi	Elm Park Mansions, Chelsea SW10	2	Flat
£2,383	09/24	0.15 mi	Danvers Street, Chelsea, London, SW3	2	Flat
£2,600	09/24	0.16 mi	Park Walk London SW10	2	Flat
£2,990	09/24	0.16 mi	Elm Park Mansions, Chelsea SW10	2	Flat
£3,900	09/24	0.16 mi	Elm Park Road, Chelsea, SW10	2	Flat
£3,900	09/24	0.16 mi	Elm Park Road, Chelsea, SW3	2	Flat
£2,300	09/24	0.16 mi	-	2	Flat
£2,300	09/24	0.16 mi	-	2	Flat
£3,575	09/24	0.17 mi	Beaufort Street, London	2	Flat
£6,933	09/24	0.18 mi	Old Church Street, Chelsea, SW3	2	Terraced House
£2,990	09/24	0.18 mi	Elm Park Mansions, Park Walk, London	2	Flat
£2,800	04/25	0.18 mi	-	2	Flat
£3,878	09/24	0.19 mi	Elm Park Lane, London, SW3	2	Terraced House
£3,878	09/24	0.19 mi	Elm Park Lane, Chelsea SW3	2	Flat
£5,417	09/24	0.19 mi	Elm Park Lane, Chelsea SW3	2	Flat
£3,575	09/24	0.19 mi	Cheyne Walk, SW3	2	Flat
£3,142	09/24	0.19 mi	Elm Park Gardens, Chelsea, London, SW10	2	Flat
£3,500	09/24	0.19 mi	-	2	Flat
£3,500	04/25	0.19 mi	-	2	Flat
£3,250	09/24	0.2 mi	Old Church Street, London, SW3	2	Flat
£3,142	09/24	0.2 mi	Elm Park Gardens Chelsea SW10	2	Flat
£4,983	09/24	0.2 mi	Fulham Road, Chelsea SW3	2	Flat
£3,250	09/24	0.2 mi	Danvers Street, London, SW3	2	Flat
£3,250	09/24	0.2 mi	Ropers Orchard, Danvers Street, SW3	2	Flat
£3,142	09/24	0.2 mi	Elm Park Gardens, London, SW10	2	Flat
£3,142	09/24	0.2 mi	Elm Park Gardens, Chelsea, SW10	2	Flat
£3,445	09/24	0.2 mi	Elm Park Gardens, London, SW10	2	Flat
£6,500	09/24	0.21 mi	Elm Park Road, Chelsea, SW3	2	Flat
£2,875	09/24	0.21 mi	Beaufort Street, Chelsea, SW3	2	Flat
£3,445	09/24	0.21 mi	Elm Park Gardens, London	2	Flat
£3,400	09/24	0.21 mi	-	2	Flat
£3,467	09/24	0.21 mi	Kings Road, Chelsea, SW3	2	Flat
£3,750	09/24	0.22 mi	Park Walk, Chelsea SW10	2	Flat
£3,034	09/24	0.23 mi	Fulham Road, South Kensington, London, SW10	2	Flat
£6,045	09/24	0.23 mi	Old Church Street, Chelsea, London, SW3	2	Flat
£6,045	09/24	0.23 mi	Old Church Street, Chelsea, SW3	2	Flat
£3,595	12/24	0.23 mi	-	2	Flat

Local Area Statistics

Population in SW3	22,08622,086
Population in London	4,771,9214,771,921
Town centre distance	4.31 miles away4.31 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.67 miles away0.67 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-16%-16%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-9%-9%

Property History

Listed for £875,000

September 19, 2023

Floor Plans

Description

Two bedroom apartment +
Modern purpose built block +
Lift +
Porter +
Private parking space +
Fantastic views +

A two-bedroom apartment with far reaching views across London in this modern, purpose-built block on the King's Road. The property further benefits from a private parking space.

The accommodation comprises two bedrooms, family bathroom, reception room and a semi open plan kitchen. The property is on the 12 floor (with lift and enjoys views towards both the City to the east and the River Thames to the south.

Situated on the King's Road, the property is extremely centrally located for the best shopping, bars and restaurants that Chelsea has to offer. The closest tube station by foot is Gloucester Road or alternatively there are numerous buses connecting you to Sloane Square.

Agent Details

LCP Private Office, LCP Private Office

01246 607047

Next Steps?

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

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