3 Bed Flat, Single Let, London, SW1X 7QT, £925,000

Park Mansions, Knightsbridge, SW1X 7QT - a year ago

Leasehold

BTL

ROI: 3%

~113 m²

+9 photos

ValuationUndervalued

Sold Prices	£185K - £6.0M
Sold Prices/m²	£6.3K/m² - £53.3K/m²

Square Metres	~112.97 m²
Price/m²	£8.2K/m²
Value Estimate	£1,128,500£1,128,500
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£231,250£231,250
Stamp Duty & Legal Fees	£62,700£62,700
Total Cash In	£293,950£293,950

Cash Out
Rent Range	£4,225 - £60,667£4,225 - £60,667
Rent Estimate	£4,564
Running Costs/mo	£3,823£3,823
Cashflow/mo	£741£741
Cashflow/yr	£8,887£8,887
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

43 sold prices from £185K to £6.0M, average is £1.7M. £6.3K/m² to £53.3K/m², average is £12.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£4.0M	11/23	0.1 mi	Knightsbridge Court, Flat 17, Sloane Street, London, Greater London SW1X 9LQ	£31,250	128	3	Flat
£1.8M	01/21	0.19 mi	Flat 10, Whaddon House, William Mews, London, Greater London SW1X 9HG	-	-	3	Flat
£1.9M	01/23	0.23 mi	Flat 19, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	3	Flat
£1.9M	12/21	0.23 mi	Flat 18, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	3	Flat
£1.5M	10/23	0.26 mi	32, Wilton Place, London, Greater London SW1X 8SH	-	-	3	Flat
£4.9M	04/21	0.32 mi	Flat 3, 60, Pont Street, London, Greater London SW1X 0AE	£53,261	92	3	Flat
£185K	12/22	0.39 mi	Second Floor Flat, 12, Cadogan Square, London, Greater London SW1X 0JU	-	-	3	Flat
£3.0M	01/23	0.45 mi	8a, Lowndes Place, London, Greater London SW1X 8DD	£21,533	137	3	Flat
£4.1M	08/23	0.52 mi	Flat 7, Empire House, Thurloe Place, South Kensington, London, Greater London SW7 2RU	-	-	3	Flat
£2.3M	06/23	0.53 mi	26, Eccleston Mews, London, Greater London SW1X 8AG	-	-	3	Flat
£6.0M	03/21	0.53 mi	Fourth Floor, 105, Cadogan Gardens, London, Greater London SW3 2RF	-	-	3	Flat
£6.0M	08/23	0.53 mi	Ground Floor Flat, 105, Cadogan Gardens, London, Greater London SW3 2RF	£26,923	221	3	Flat
£715K	06/21	0.6 mi	207, Wiltshire Close, London, Greater London SW3 2NZ	-	-	3	Flat
£760K	06/21	0.62 mi	39, Wiltshire Close, London, Greater London SW3 2NT	£9,870	77	3	Flat
£2.6M	02/21	0.62 mi	Flat 71, Chesterfield House, Chesterfield Gardens, London, Greater London W1J 5JX	-	-	3	Flat
£2.5M	06/21	0.64 mi	Flat 42a, Albert Court Central Block, Prince Consort Road, London, Greater London SW7 2BG	-	-	3	Flat
£3.4M	07/23	0.64 mi	5, Market Mews, London, Greater London W1J 7BY	£26,537	127	3	Flat
£1.8M	06/21	0.67 mi	12, Culford Gardens, London, Greater London SW3 2ST	-	-	3	Flat
£1.3M	01/24	0.74 mi	Malvern Court, Flat 45, Onslow Square, London, Greater London SW7 3HY	£9,884	129	3	Flat
£1.8M	08/23	0.74 mi	Flat 28, Malvern Court, Onslow Square, London, Greater London SW7 3HY	-	-	3	Flat
£2.8M	02/24	0.75 mi	138, Ebury Street, London, Greater London SW1W 9QQ	£21,351	129	3	Flat
£1.4M	12/20	0.77 mi	28, Victoria Square, London, Greater London SW1W 0RB	£13,374	103	3	Flat
£325K	09/21	0.8 mi	Flat C, 23, Hyde Park Place, London, Greater London W2 2LP	£12,500	26	3	Flat
£325K	09/21	0.8 mi	Flat C, 23, Hyde Park Place, London, Greater London W2 2LP	£12,500	26	3	Flat
£615K	06/21	0.8 mi	Flat 6, Melton Court, Onslow Crescent, London, Greater London SW7 3JQ	-	-	3	Flat
£975K	10/23	0.82 mi	Flat 16, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.0M	08/23	0.82 mi	Flat 17, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£900K	01/23	0.82 mi	Flat 12, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.2M	12/20	0.87 mi	20, Queensberry Mews West, London, Greater London SW7 2DY	£6,349	189	3	Flat
£1.1M	06/21	0.94 mi	Flat 2, Evelyn Mansions, Carlisle Place, London, Greater London SW1P 1NH	-	-	3	Flat
£1.6M	09/21	0.96 mi	Flat C, 72, Sydney Street, London, Greater London SW3 6NJ	-	-	3	Flat
£1.8M	06/21	0.97 mi	16, New Quebec Street, London, Greater London W1H 7RU	£16,308	112	3	Flat
£1.1M	06/21	0.97 mi	15a, St Georges Drive, London, Greater London SW1V 4DJ	£9,813	107	3	Flat
£740K	11/20	0.97 mi	Flat 32, Gilray House, Gloucester Terrace, London, Greater London W2 3DF	-	-	3	Flat
£815K	12/20	0.97 mi	Flat 5, Gilray House, Gloucester Terrace, London, Greater London W2 3DF	-	-	3	Flat
£1.1M	08/23	0.98 mi	14, Sussex Square, London, Greater London W2 2SL	-	-	3	Flat
£1.7M	02/21	0.98 mi	Lower Maisonette, 54, Radnor Walk, London, Greater London SW3 4BN	-	-	3	Flat
£3.4M	08/23	0.99 mi	Flat 72, Bryanston Court, George Street, London, Greater London W1H 7HD	-	-	3	Flat
£2.1M	11/20	0.99 mi	Flat 100, Bryanston Court, George Street, London, Greater London W1H 7HE	£11,657	178	3	Flat
£3.0M	06/23	0.99 mi	Flat 111, Bryanston Court, George Street, London, Greater London W1H 7HE	-	-	3	Flat
£750K	07/23	0.99 mi	Flat 410, Park West, Edgware Road, London, Greater London W2 2QT	£8,824	85	3	Flat
£760K	06/23	0.99 mi	Flat 480, Park West, Edgware Road, London, Greater London W2 2QX	-	-	3	Flat
£2.5M	04/21	1 mi	Flat 71, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HZ	-	-	3	Flat

Local Rents

50 rents from £4.2K/mo to £60.7K/mo, average is £10.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,767	09/24	0 mi	Park Mansions, Knightsbridge, SW1X	3	Flat
£8,330	04/25	0.05 mi	-	3	Flat
£6,283	09/24	0.06 mi	Basil Street, London, SW3	3	Flat
£6,283	09/24	0.07 mi	Lincoln House, Basil Street, Knightsbridge, London, SW3	3	Flat
£15,167	09/24	0.09 mi	Knightsbridge, SW7	3	Flat
£16,748	09/24	0.09 mi	Washington House, 20 Basil Street, Knightsbridge, London, SW3	3	Flat
£16,748	09/24	0.09 mi	Washington House, Knightsbridge, London, SW3	3	Flat
£16,748	09/24	0.09 mi	Washington House, Basil Street, Knightsbridge, London, SW3	3	Flat
£16,748	09/24	0.09 mi	Basil Street, London	3	Flat
£16,748	09/24	0.09 mi	Basil Street, London	3	Flat
£26,000	09/24	0.09 mi	The Knightsbridge, Knightsbridge, SW7	3	Flat
£16,748	09/24	0.11 mi	Basil Street, Chelsea	3	Flat
£8,300	09/24	0.11 mi	-	3	Flat
£23,833	09/24	0.11 mi	Lancelot Place, Knightsbridge, SW7	3	Flat
£6,283	09/24	0.11 mi	Basil Street, Knightsbridge, SW3	3	Flat
£60,667	09/24	0.12 mi	THE CAPITAL APARTMENTS, BASIL STREET, London, SW3	3	Flat
£16,250	09/24	0.13 mi	Lowndes Square London SW1X	3	Flat
£16,250	09/24	0.13 mi	LOWNDES SQUARE, London, SW1X	3	Flat
£23,833	09/24	0.13 mi	Lancelot Place, London, SW7	3	Flat
£16,748	09/24	0.13 mi	Washington House, Basil Street, London, SW3	3	Flat
£17,333	09/24	0.13 mi	Lancelot Place, SW7	3	Flat
£16,250	09/24	0.14 mi	Lowndes Square, Knightsbridge, SW1X	3	Flat
£6,890	09/24	0.14 mi	William Street, London, SW1X	3	Flat
£7,583	09/24	0.15 mi	William Street, London, SW1X	3	Flat
£10,833	09/24	0.15 mi	WILLIAM STREET, London, SW1X	3	Flat
£6,890	09/24	0.15 mi	William Street House, Knightsbridge, SW1X	3	Flat
£12,783	09/24	0.16 mi	Lowndes Square, SW1X	3	Flat
£13,650	09/24	0.16 mi	Lowndes Square, SW1X	3	Flat
£6,160	10/24	0.16 mi	-	3	Flat
£6,000	09/24	0.16 mi	-	3	Flat
£8,000	02/25	0.16 mi	-	3	Flat
£10,183	09/24	0.17 mi	Parkside, Knightsbridge, Knightsbridge, London, SW1X	3	Flat
£10,833	09/24	0.17 mi	Parkside, Knightsbridge, London, SW1X	3	Flat
£9,100	09/24	0.18 mi	Knightsbridge Knightsbridge SW1X	3	Flat
£13,000	09/24	0.18 mi	Knightsbridge, London, SW1X	3	Flat
£10,833	09/24	0.18 mi	Knightsbridge Knightsbridge SW1X	3	Flat
£10,183	09/24	0.18 mi	Knightsbridge London SW1X	3	Flat
£4,225	09/24	0.18 mi	William Mews, Knightsbridge, SW1X	3	Flat
£4,225	09/24	0.18 mi	Williams Mews, Knightsbridge, SW1X	3	Flat
£17,333	09/24	0.18 mi	Trevor Square, SW7	3	Flat
£10,833	09/24	0.18 mi	Parkside, Knightsbridge, SW1X	3	Flat
£10,183	09/24	0.18 mi	Parkside, 32 Knightsbridge, SW1X	3	Flat
£10,183	09/24	0.18 mi	Knightsbridge, London, SW1X	3	Flat
£10,833	09/24	0.18 mi	PARKSIDE, KNIGHTSBRIDGE, London, SW1X	3	Flat
£10,833	09/24	0.18 mi	Hans Crescent Knightsbridge SW1X	3	Flat
£10,833	09/24	0.18 mi	Hans Crescent, Knightsbridge, London, SW1X	3	Flat
£17,333	09/24	0.19 mi	Trevor Square, Knightsbridge, SW7	3	Flat
£10,833	09/24	0.19 mi	Knightsbridge, SW1X	3	Flat
£16,250	09/24	0.21 mi	Lowndes Square, Knightsbridge, London	3	Flat
£5,850	09/24	0.21 mi	Thorburn House, Kinnerton Street, SW1X	3	Flat

Local Area Statistics

Population in SW1X	6,4276,427
Population in London	4,771,9214,771,921
Town centre distance	3.02 miles away3.02 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.03 miles away0.03 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+22%+22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-21%-21%

Property History

Price changed to £925,000

January 7, 2025

Listed for £945,000

February 19, 2024

Floor Plans

Description

Situated on the fourth floor of this popular mansion building in the very heart of Knightsbridge, is this spacious three bedroom apartment with high ceilings throughout and ample storage that now requires updating. Extending to 1,216 Sq Ft internally, the flat could be renovated and remodelled to suit a new owner's requirements. The building benefits from 24 hour porters, immaculate common parts and generous passenger lifts.

Park Mansions is located on Knightsbridge Green and opposite One Hyde Park, giving easy access to all the amenities of the area. The new Knightsbridge underground (Piccadilly Line) entrance is directly opposite the building.

NB. The vendor qualifies to serve notice for the lease extension, the rights will be passed to an incoming purchaser on exchange of contracts.

Agent Details

Berkshire Hathaway HomeServices, Knightsbridge

020 3889 8396

Next Steps?

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