2 Bed Flat, Single Let, London, SW1X 9RX, £2,250,000

Cadogan Place, London, Kensington and Chelsea, SW1X 9RX - 10 months ago

Leasehold

BTL

~165 m²

+11 photos

ValuationUndervalued

Sold Prices	£475K - £7.8M
Sold Prices/m²	£8.6K/m² - £31.4K/m²

Square Metres	~165 m²
Price/m²	£13.6K/m²
Value Estimate	£2,767,500£2,767,500
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£562,500£562,500
Stamp Duty & Legal Fees	£249,950£249,950
Total Cash In	£812,450£812,450

Cash Out
Rent Range	£3,792 - £17,117£3,792 - £17,117
Rent Estimate	£4,533
Running Costs/mo	£7,958£7,958
Cashflow/mo	£-3,425£-3,425
Cashflow/yr	£-41,098£-41,098
Gross Yield	2%2%

Local Sold Prices

51 sold prices from £475K to £7.8M, average is £1.4M. £8.6K/m² to £31.4K/m², average is £16.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£4.3M	04/23	0.16 mi	Basement And Ground Floor Premises, 100, Eaton Place, London, Greater London SW1X 8LW	-	-	2	Flat
£1.6M	06/21	0.17 mi	Flat 20, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	2	Flat
£1.2M	10/23	0.17 mi	Greville House, Flat 23, Kinnerton Street, London, Greater London SW1X 8EY	£14,464	84	2	Flat
£1.4M	05/21	0.17 mi	Flat 14, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	2	Flat
£2.4M	12/22	0.21 mi	Third And Fourth Floor Maisonette, 54, Eaton Place, London, Greater London SW1X 8AL	-	-	2	Flat
£3.5M	03/21	0.24 mi	Ground Floor Flat, 42, Wilton Crescent, London, Greater London SW1X 8RX	£22,903	155	2	Flat
£3.8M	01/23	0.25 mi	Flat D, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£1.2M	07/23	0.25 mi	Flat B, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£1.2M	07/23	0.25 mi	Flat B, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£1.6M	12/22	0.26 mi	Flat 26, Knightsbridge Court, Sloane Street, London, Greater London SW1X 9LQ	-	-	2	Flat
£1.5M	02/21	0.26 mi	Flat 18, Whaddon House, William Mews, London, Greater London SW1X 9HG	-	-	2	Flat
£7.8M	03/21	0.28 mi	15, Wilton Place, London, Greater London SW1X 8RL	£22,238	353	2	Flat
£2.0M	12/20	0.3 mi	Flat 46, Lincoln House, Basil Street, London, Greater London SW3 1AW	£20,597	95	2	Flat
£2.9M	12/20	0.3 mi	Flat 4, Walton House, Walton Street, London, Greater London SW3 2JH	-	-	2	Flat
£1.8M	06/21	0.31 mi	2, Bowland Yard, London, Greater London SW1X 8EE	£13,462	130	2	Flat
£3.4M	07/23	0.36 mi	32a, Grosvenor Crescent Mews, London, Greater London SW1X 7EX	£31,368	108	2	Flat
£2.2M	02/21	0.4 mi	Flat 19, Culford Mansions, Culford Gardens, London, Greater London SW3 2SS	-	-	2	Flat
£605K	03/21	0.41 mi	14, Richards Place, London, Greater London SW3 2LA	£16,806	36	2	Flat
£592K	04/21	0.43 mi	21, Wiltshire Close, London, Greater London SW3 2NS	£11,608	51	2	Flat
£1.1M	02/21	0.47 mi	Flat 9, Venner House, Bourne Street, London, Greater London SW1W 8UR	-	-	2	Flat
£625K	01/24	0.47 mi	Semley House, Flat 43, Semley Place, London, Greater London SW1W 9QJ	£8,562	73	2	Flat
£675K	02/23	0.47 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£560K	06/23	0.47 mi	Flat 37, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£475K	02/23	0.48 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£2.2M	01/23	0.49 mi	Flat 87, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA	-	-	2	Flat
£1.3M	06/21	0.5 mi	Flat 90, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA	-	-	2	Flat
£656K	05/21	0.5 mi	Flat 5, Wedderburn House, Lower Sloane Street, London, Greater London SW1W 8BZ	-	-	2	Flat
£1.5M	09/23	0.5 mi	Flat B, 2, Anderson Street, London, Greater London SW3 3LU	-	-	2	Flat
£1.1M	11/20	0.51 mi	Flat 19, Eresby House, Rutland Gate, London, Greater London SW7 1BG	-	-	2	Flat
£1.1M	06/23	0.52 mi	Flat 8, York House, Turks Row, London, Greater London SW3 4TH	-	-	2	Flat
£1.7M	01/23	0.52 mi	Flat 44, Eresby House, Rutland Gate, London, Greater London SW7 1BG	-	-	2	Flat
£1.4M	05/21	0.52 mi	Flat 206, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HG	-	-	2	Flat
£1.7M	06/23	0.52 mi	Flat 53, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HW	-	-	2	Flat
£1.7M	08/23	0.52 mi	Flat 164, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HF	-	-	2	Flat
£1.5M	07/23	0.52 mi	Flat 237, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HD	-	-	2	Flat
£1.2M	03/23	0.52 mi	Flat 77, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HH	-	-	2	Flat
£1.4M	05/23	0.54 mi	First And Second Floor Flat, 20, Walpole Street, London, Greater London SW3 4QP	-	-	2	Flat
£1.5M	06/23	0.58 mi	28a, Ennismore Gardens, London, Greater London SW7 1AD	£11,628	129	2	Flat
£2.2M	03/21	0.59 mi	Flat H, 8, Ennismore Gardens, London, Greater London SW7 1NL	-	-	2	Flat
£645K	12/20	0.6 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£2.6M	11/23	0.61 mi	Kingston House South, Flat 70, Ennismore Gardens, London, Greater London SW7 1NG	£23,661	112	2	Flat
£1.3M	03/21	0.63 mi	Flat 1, Astell House, Astell Street, London, Greater London SW3 3RX	-	-	2	Flat
£1.4M	05/23	0.63 mi	Flat 1, Kingston House East, Princes Gate, London, Greater London SW7 1LJ	-	-	2	Flat
£796.2K	03/21	0.64 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£1.2M	06/21	0.64 mi	Flat 29, Thurloe Court, Fulham Road, London, Greater London SW3 6SB	-	-	2	Flat
£1.4M	09/21	0.64 mi	Flat 21, Thurloe Court, Fulham Road, London, Greater London SW3 6SB	-	-	2	Flat
£665K	04/23	0.67 mi	Flat 45, Pond House, Pond Place, London, Greater London SW3 6QS	-	-	2	Flat
£800K	06/21	0.7 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£800K	06/21	0.7 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£1.8M	04/21	0.7 mi	7a, Sydney Place, London, Greater London SW7 3NL	-	-	2	Flat
£950K	06/21	0.73 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat

Local Rents

50 rents from £3.8K/mo to £17.1K/mo, average is £5.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£17,117	09/24	0.05 mi	Pont Street SW1	2	Flat
£6,500	09/24	0.07 mi	Sloane Street, London, SW1X	2	Flat
£3,878	09/24	0.07 mi	Cadogan House, 93 Sloane Street, Knightsbridge, London, SW1X	2	Flat
£8,450	09/24	0.09 mi	Fordie House, 82 Sloane Street, London, SW1X	2	Flat
£3,792	09/24	0.09 mi	Cadogan Place, Knightsbridge, SW1X	2	Flat
£5,850	09/24	0.1 mi	Chesham Mews, Belgravia, SW1X	2	Flat
£7,800	09/24	0.11 mi	Pont Street, Knightsbridge, SW1X	2	Flat
£12,783	09/24	0.11 mi	95 Sloane Street, Knightsbridge, London, SW1X	2	Flat
£12,783	09/24	0.11 mi	Sloane Street, London, SW1X	2	Flat
£7,150	09/24	0.11 mi	Pont Street, Knightsbridge, SW1X	2	Flat
£5,200	09/24	0.12 mi	Sloane Street, London, SW1X	2	Flat
£9,967	09/24	0.12 mi	Cadogan Square, Knightsbridge	2	Flat
£5,200	09/24	0.13 mi	50 Sloane Street, Knightsbridge, SW1X	2	Flat
£7,999	09/24	0.13 mi	Cadogan Square, Knightsbridge SW1X	2	Flat
£5,417	09/24	0.13 mi	Sloane Street, Chelsea, London, SW1X	2	Flat
£6,500	09/24	0.13 mi	Sloane Street, Knightsbridge, SW1X	2	Flat
£5,200	09/24	0.13 mi	Sloane Street, London, SW1X	2	Flat
£6,500	09/24	0.13 mi	Sloane Street, London, SW1X	2	Flat
£5,200	09/24	0.13 mi	Sloane Street, Knightbridge, London, SW1X	2	Flat
£5,200	09/24	0.13 mi	Sloane Street, London, SW1X	2	Flat
£5,200	09/24	0.13 mi	Sloane Street, Knightsbridge	2	Flat
£3,878	09/24	0.13 mi	Sloane Street, Knightsbridge, SW1X	2	Flat
£3,878	09/24	0.13 mi	Sloane Street, Knightsbridge, SW1X	2	Flat
£5,200	09/24	0.14 mi	Sloane Street, Knightsbridge, SW1X	2	Flat
£6,500	09/24	0.14 mi	Sloane Street, Knightsbridge, SW1X	2	Flat
£5,417	09/24	0.14 mi	Sloane Street Knightsbridge SW1X	2	Flat
£9,100	09/24	0.14 mi	Pavilion Road, Knightsbridge, SW1X	2	Flat
£7,550	09/24	0.14 mi	-	2	Flat
£10,183	09/24	0.15 mi	Lowndes Square, Knightsbridge, SW1X	2	Flat
£6,998	09/24	0.15 mi	Hans Place, Knightsbridge	2	Flat
£7,323	09/24	0.15 mi	Motcomb Street, London, SW1X	2	Flat
£5,100	09/24	0.16 mi	Herbert Crescent, Knightsbridge, SW1X	2	Flat
£4,500	11/24	0.16 mi	-	2	Flat
£4,312	09/24	0.17 mi	Kinnerton Street, Knightsbridge	2	Flat
£5,980	09/24	0.17 mi	Hans Place, London, SW1X	2	Flat
£6,500	09/24	0.17 mi	Lowndes Square, Knightsbridge	2	Flat
£4,300	09/24	0.17 mi	-	2	Flat
£4,767	12/24	0.17 mi	-	2	Flat
£4,767	02/25	0.17 mi	-	2	Flat
£5,850	09/24	0.18 mi	Lowndes Square, Knightsbridge, SW1X	2	Flat
£5,417	09/24	0.18 mi	Sloane Street, London, SW1X	2	Flat
£5,417	09/24	0.19 mi	Sloane Street London SW1X	2	Flat
£7,000	09/24	0.2 mi	Hans Crescent, London, SW1X	2	Flat
£8,342	09/24	0.2 mi	Cadogan Square, Knightsbridge, SW1X	2	Flat
£5,612	09/24	0.2 mi	Marland House, 26-29 Sloane Street, London, SW1X	2	Flat
£6,500	09/24	0.21 mi	Pont Street, Knightsbridge, London, SW1X	2	Flat
£6,500	09/24	0.21 mi	Eaton Square, Knightsbridge, SW1W	2	Flat
£5,612	09/24	0.21 mi	Cadogan Gardens, London, SW3	2	Flat
£5,612	09/24	0.21 mi	Cadogan Gardens, Sloane Square, SW3	2	Flat
£6,500	04/25	0.22 mi	-	2	Flat

Local Area Statistics

Population in SW1X	6,4276,427
Population in London	4,771,9214,771,921
Town centre distance	3.08 miles away3.08 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.34 miles away0.34 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

Listed for £2,250,000

May 31, 2024

Floor Plans

Description

East facing terrace with space for dining +
Penthouse apartment with direct lift access +
Views over Cadogan Place Gardens +
Basement flat is rented out and the income covers some of the service charge for the building +
Access to Caodgan Place gardens and tennis court by separate arrangement +
EPC Rating = D +

A two bedroom penthouse apartment benefitting from an east facing terrace and views over the communal gardens.

Description

This well-proportioned apartment is arranged over the top two floors of this handsome white stucco fronted, grade II listed building, with superb views over Cadogan Place gardens. The apartment benefits from direct lift access, two bedrooms, two bathrooms and a very large open plan dining/reception room which opens up onto an east facing terrace.

Location

Cadogan Place running parallel to Sloane Street and situated between Chelsea, Belgravia and Knightsbridge and is extremely well located for a range of amenities, including 350 acres (16 hectares) of Hyde Park (0.45 miles), one of eight Royal Parks in the capital. The communal gardens are divided into North and South gardens of more than 8 acres in total, with the North garden being dog friendly and the South garden with beautiful planting, children’s play areas and tennis courts.

The iconic department stores of Harvey Nichols(0.43 miles) and Harrods (0.39 miles), a wide selection of five star hotels, London's finest restaurants, international music venues, luxury shopping, leading museums, schools and universities are all within a 0.5 miles radius, thus making it an exceptional international address.

Knightsbridge tube station is approximately 0.3 miles and Heathrow airport is approximately 14 miles.

Please note all distances are approximate.

Square Footage: 1,329 sq ft
Leasehold with approximately 51 years remaining.

Additional Info

The service charges and ground rent are largely paid out of the rental income from the basement flat.

Agent Details

Savills, Sloane Street

020 3869 5044

Next Steps?

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