2 Bed Flat, Single Let, London, SW1V 2AR, £765,000

Warwick Square, London, SW1V 2ARV - 1 views - a year ago

Leasehold

BTL

~63 m²

+5 photos

ValuationUndervalued

Sold Prices	£440K - £1.3M
Sold Prices/m²	£8.4K/m² - £24.6K/m²

Square Metres	~62.50 m²
Price/m²	£12.2K/m²
Value Estimate	£788,213£788,213
BMV	3%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£191,250£191,250
Stamp Duty & Legal Fees	£49,900£49,900
Total Cash In	£241,150£241,150

Cash Out
Rent Range	£2,145 - £3,995£2,145 - £3,995
Rent Estimate	£2,328
Running Costs/mo	£2,876£2,876
Cashflow/mo	£-548£-548
Cashflow/yr	£-6,579£-6,579
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £440K to £1.3M, average is £670K. £8.4K/m² to £24.6K/m², average is £12.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.3M	09/23	0.06 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£750K	04/23	0.06 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£925K	04/21	0.1 mi	9a, Gloucester Street, London, Greater London SW1V 2DB	£13,214	70	2	Flat
£1.1M	10/20	0.1 mi	Flat G, 23, Warwick Square, London, Greater London SW1V 2AB	£10,942	105	2	Flat
£685K	06/21	0.11 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£590K	11/20	0.11 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£728K	10/23	0.16 mi	Flat 2, Clarion House, Moreton Place, London, Greater London SW1V 2NN	-	-	2	Flat
£540K	03/23	0.17 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£830K	05/23	0.17 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat
£950K	06/21	0.18 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat
£860K	04/21	0.18 mi	118a, Cambridge Street, London, Greater London SW1V 4QF	£12,647	68	2	Flat
£760K	09/23	0.19 mi	Ground Floor Flat, 110, Cambridge Street, London, Greater London SW1V 4QF	£17,273	44	2	Flat
£1.3M	04/23	0.19 mi	Second And Third Floor Maisonette, 110, Cambridge Street, London, Greater London SW1V 4QF	-	-	2	Flat
£796.2K	03/21	0.19 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£800K	11/20	0.19 mi	29a, Moreton Place, London, Greater London SW1V 2NL	£13,115	61	2	Flat
£1.1M	06/21	0.2 mi	Second And Third Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	-	-	2	Flat
£813.3K	09/23	0.2 mi	First Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	£24,644	33	2	Flat
£640K	11/20	0.21 mi	Flat 40, Russell House, Cambridge Street, London, Greater London SW1V 4EQ	-	-	2	Flat
£645K	12/20	0.22 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£800K	04/23	0.23 mi	Basement Flat, 61, Gloucester Street, London, Greater London SW1V 4DZ	£11,268	71	2	Flat
£537.5K	02/21	0.24 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£1.3M	04/21	0.25 mi	69a, Gloucester Street, London, Greater London SW1V 4EA	£14,793	86	2	Flat
£830K	03/21	0.25 mi	55c, Greencoat Place, London, Greater London SW1P 1DS	£12,576	66	2	Flat
£790K	05/21	0.26 mi	43a, Cumberland Street, London, Greater London SW1V 4LU	£12,804	62	2	Flat
£660K	06/23	0.27 mi	Basement Flat, 9, Cumberland Street, London, Greater London SW1V 4LS	-	-	2	Flat
£1.2M	03/21	0.27 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£713K	04/21	0.32 mi	Flat A, 16, Sutherland Street, London, Greater London SW1V 4LA	-	-	2	Flat
£440K	04/21	0.35 mi	Flat 47, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£455K	02/23	0.35 mi	Flat 36, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£695K	06/21	0.36 mi	Flat 44, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£660K	11/23	0.36 mi	Flat 8, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£725K	06/23	0.36 mi	Flat 50, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£665K	12/22	0.36 mi	Flat 5, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£500K	02/21	0.37 mi	Flat 64, Gilbert House, Churchill Gardens, London, Greater London SW1V 3HW	-	-	2	Flat
£515K	10/20	0.37 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.37 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£513.5K	03/21	0.38 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£513.5K	03/21	0.38 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£520K	04/21	0.38 mi	Flat 52, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£575K	06/21	0.39 mi	Flat 27, Probyn House, Page Street, London, Greater London SW1P 4BG	£9,583	60	2	Flat
£645K	06/21	0.39 mi	Flat 9, Middleton House, Causton Street, London, Greater London SW1P 4AS	-	-	2	Flat
£940K	08/21	0.4 mi	Flat 16, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	2	Flat
£475K	02/23	0.4 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£520K	06/21	0.4 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£480K	02/23	0.4 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£580K	01/21	0.4 mi	Flat 48, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£530K	04/21	0.4 mi	Flat 35, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£540K	05/23	0.41 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£650K	11/21	0.41 mi	Flat 8, Vincent House, Regency Street, London, Greater London SW1P 4BX	-	-	2	Flat
£675K	02/23	0.41 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat

Local Rents

50 rents from £2.1K/mo to £4K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,600	09/24	0.01 mi	Warwick Square, London, SW1V	2	Flat
£2,904	09/24	0.01 mi	Denbigh Street, Pimlico, London, SW1V	2	Flat
£2,400	09/24	0.04 mi	Denbigh Street London SW1V	2	Flat
£3,750	01/25	0.05 mi	-	2	Flat
£2,350	09/24	0.05 mi	Churton Street, Pimlico, SW1V	2	Flat
£2,275	04/25	0.06 mi	-	2	Flat
£3,142	09/24	0.09 mi	Charlwood Place, London, SW1V	2	Flat
£2,384	09/24	0.1 mi	Gloucester Street, Pimlico, London, SW1V	2	Flat
£2,275	09/24	0.1 mi	Belgrave Road, Pimlico	2	Flat
£2,578	09/24	0.11 mi	Gloucester Street, Pimlico, SW1V	2	Flat
£2,490	04/25	0.11 mi	-	2	Flat
£2,325	02/24	0.11 mi	-	2	Flat
£2,190	02/24	0.11 mi	-	2	Flat
£2,300	09/24	0.11 mi	Tachbrook Street, Pimlico - SW1V	2	Flat
£3,400	02/25	0.11 mi	-	2	Flat
£3,000	10/24	0.12 mi	-	2	Flat
£3,250	09/24	0.12 mi	Bonington House, 16 Gloucester Street, Pimlico, London, SW1V	2	Flat
£3,500	12/24	0.12 mi	-	2	Flat
£3,250	09/24	0.12 mi	West Mews, Pimlico, London, SW1V	2	Terraced House
£2,492	09/24	0.13 mi	Peabody Estate, Westminster, London, SW1V	2	Flat
£3,800	03/25	0.13 mi	-	2	Flat
£3,000	02/25	0.14 mi	-	2	Flat
£2,145	09/24	0.14 mi	Peabody Estate, Vauxhall Bridge Road, London, SW1V	2	Flat
£2,600	09/24	0.14 mi	Warwick Way, Pimlico, London, SW1V	2	Flat
£3,467	09/24	0.16 mi	St Georges Drive, London, SW1V	2	Flat
£3,490	09/24	0.16 mi	Cambridge Street, London, SW1V 4PY, UK	2	Flat
£2,817	09/24	0.16 mi	Gillingham Street, Pimlico, SW1V	2	Flat
£3,150	09/24	0.16 mi	Gillingham Street, Pimlico, SW1V	2	Flat
£2,500	02/25	0.17 mi	-	2	Flat
£2,400	03/25	0.17 mi	-	2	Flat
£3,995	04/25	0.17 mi	-	2	Flat
£2,600	09/24	0.17 mi	Belgrave Road	2	Flat
£3,900	01/25	0.17 mi	-	2	Flat
£3,200	04/25	0.17 mi	-	2	Flat
£3,325	09/24	0.18 mi	St Georges Drive, Pimlico, SW1V	2	Flat
£2,600	09/24	0.18 mi	Gillingham Street, Pimlico, London, SW1V	2	Flat
£2,496	09/24	0.19 mi	Henry Wise House, Vauxhall Bridge Road, London, SW1V	2	Flat
£2,297	09/24	0.2 mi	Vauxhall Bridge Road, Westminster, London, SW1V	2	Flat
£2,600	09/24	0.2 mi	Alderney Street, Pimlico / Victoria SW1V	2	Flat
£2,500	09/24	0.2 mi	Ashley Mansions, 254 Vauxhall Bridge Road, SW1V	2	Flat
£3,835	12/24	0.2 mi	-	2	Flat
£3,250	10/24	0.2 mi	-	2	Flat
£3,250	09/24	0.2 mi	Moreton Place, Pimlico, London, SW1V	2	Flat
£3,900	04/25	0.21 mi	-	2	Flat
£3,900	01/25	0.21 mi	-	2	Flat
£2,795	09/24	0.21 mi	-	2	Flat
£3,000	09/24	0.22 mi	Royal Belgrave House, Hugh Street, SW1V	2	Flat
£2,817	09/24	0.22 mi	Royal Belgrave House, Hugh Street, SW1V	2	Flat
£2,999	09/24	0.22 mi	Royal Belgrave House, Hugh Street, London, SW1V	2	Flat
£2,752	09/24	0.22 mi	The Hansom Building, 4 Bridge Place, Victoria	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Town centre distance	2.93 miles away2.93 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.29 miles away0.29 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 £765,000

February 2, 2024

Floor Plans

Description

Own Private Street Entrance +
High Ceilings +
Reception Hall +
Reception Room +
Kitchen +
2 Bedrooms +
Bathroom +
Long Lease +
Recently Refurbished Facade +
Views of Communal Gardens. +

This is an extremely rare two bedroom raised ground floor flat extending to nearly 700sqft with its own private street entrance. On entering the property there is an impressive entrance hall which leads to a wonderful reception room with high ceilings facing the garden square. To the rear is the kitchen, two excellent bedrooms and a bathroom. The property is in need of refurbishment and offers an excellent opportunity to create superb Central London apartment.

Situation

Warwick Square is one of Pimlico's most sought after addresses. The property has views of the beautiful communal gardens and is convenient for the many local amenities and the transport links at Pimlico and Victoria stations.

Agent Details

Hamptons, Pimlico & Westminster

020 3835 2289

Next Steps?

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

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