3 Bed Flat, London, SW1P 4ER £625,000

Edric House, Page Street, Westminster, London SW1P 4ER - a year ago

Leasehold

ROI: 2%

~69 m²

ValuationUndervalued

Sold Prices	£435K - £4.4M
Sold Prices/m²	£7.2K/m² - £36.4K/m²

Square Metres	~69.49 m²
Price/m²	£9K/m²
Value Estimate	£733,553£733,553
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£156,250£156,250
Stamp Duty & Legal Fees	£53,700£53,700
Total Cash In	£209,950£209,950

Cash Out
Rent Range	£1,900 - £10,400£1,900 - £10,400
Rent Estimate	£3,000
Running Costs/mo	£2,573£2,573
Cashflow/mo	£427£427
Cashflow/yr	£5,123£5,123
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £435K to £4.4M, average is £1.3M. £7.2K/m² to £36.4K/m², average is £12.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£2.3M	01/25	0.05 mi	Abell House, Flat 26, John Islip Street, London SW1P 4FE	£14,744	156	3	Flat
£1.2M	12/24	0.05 mi	Westminster Gardens, Flat 46, Marsham Street, London SW1P 4JG	£9,109	129	3	Flat
£1.3M	11/23	0.06 mi	Flat 65, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	3	Flat
£610K	12/22	0.07 mi	Flat 18, Bennett House, Page Street, London, Greater London SW1P 4ET	£8,472	72	3	Flat
£525K	08/23	0.1 mi	Flat 4, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	3	Flat
£600K	01/23	0.1 mi	Flat 60, Tothill House, Page Street, London, Greater London SW1P 4DH	-	-	3	Flat
£772.5K	10/21	0.11 mi	Flat 1, Reynolds House, Erasmus Street, London, Greater London SW1P 4HP	-	-	3	Flat
£880K	03/23	0.13 mi	Flat 7, Millais House, Marsham Street, London, Greater London SW1P 4JN	-	-	3	Flat
£900K	03/25	0.14 mi	Flat 217, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	3	Flat
£1.0M	05/25	0.14 mi	Flat 307, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	3	Flat
£1.0M	05/25	0.14 mi	Flat 307, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	3	Flat
£900K	03/25	0.14 mi	Flat 217, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	3	Flat
£1.7M	10/23	0.15 mi	Flat 62, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	3	Flat
£932K	05/23	0.16 mi	Flat 48, Ruskin House, Erasmus Street, London, Greater London SW1P 4HU	-	-	3	Flat
£990K	09/23	0.2 mi	Flat 8, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	3	Flat
£1.1M	09/23	0.2 mi	Flat 2, Octavia House, Medway Street, London, Greater London SW1P 2TA	-	-	3	Flat
£1.4M	10/23	0.22 mi	Flat 32, Westminster Mansions, Great Smith Street, London, Greater London SW1P 3BP	-	-	3	Flat
£870K	09/21	0.22 mi	Flat 39, Turner House, Erasmus Street, London, Greater London SW1P 4DZ	-	-	3	Flat
£800K	08/25	0.22 mi	Flat 19, Landseer House, Cureton Street, London SW1P 4EB	-	-	3	Flat
£759.4K	04/23	0.23 mi	Flat 17, Landseer House, Cureton Street, London, Greater London SW1P 4EB	-	-	3	Flat
£3.0M	04/25	0.24 mi	Apartment 37, Chimes Apartments, Horseferry Road, London SW1P 2DX	£19,427	157	3	Flat
£3.0M	04/25	0.24 mi	Apartment 37, Chimes Apartments, Horseferry Road, London SW1P 2DX	-	-	3	Flat
£865K	03/25	0.26 mi	Flat 9b, Vincent House, Vincent Square, London SW1P 2NB	£10,422	83	3	Flat
£1.2M	11/23	0.26 mi	Vincent House, Flat 4a, Vincent Square, London SW1P 2NB	£10,856	111	3	Flat
£1.2M	03/25	0.31 mi	Greycoat Gardens, 8, Greycoat Street, London SW1P 2QA	£8,154	149	3	Flat
£2.4M	03/24	0.33 mi	75 Artillery Mansions, Flat 93, Victoria Street, London SW1H 0HY	£36,364	66	3	Flat
£2.4M	03/24	0.33 mi	Flat 93, 75 Artillery Mansions, Victoria Street, London SW1H 0HY	-	-	3	Flat
£4.4M	01/24	0.34 mi	55, Flat 803, Victoria Street, London SW1H 0AF	-	-	3	Flat
£4.4M	01/24	0.34 mi	Flat 803, 55, Victoria Street, London SW1H 0AF	-	-	3	Flat
£1.6M	04/25	0.37 mi	Flat 10, 56, Vincent Square, London SW1P 2NE	£10,691	152	3	Flat
£1.6M	04/25	0.37 mi	Flat 10, 56, Vincent Square, London SW1P 2NE	-	-	3	Flat
£1.5M	09/23	0.38 mi	Flat 11, St Augustines Mansions, Bloomburg Street, London, Greater London SW1V 2RG	-	-	3	Flat
£972.5K	10/23	0.39 mi	Flat 11, Vincent Square Mansions, Walcott Street, London, Greater London SW1P 2NT	-	-	3	Flat
£1.4M	03/25	0.41 mi	147b, Ashley Gardens, Thirleby Road, London SW1P 1HN	£12,364	110	3	Flat
£799K	12/22	0.42 mi	Flat 8, Repton House, Charlwood Street, London, Greater London SW1V 2LD	-	-	3	Flat
£2.7M	11/23	0.47 mi	1, Apartment 8.06, Kings Gate Walk, City Of Westminster, London SW1E 6AN	-	-	3	Flat
£2.7M	11/23	0.47 mi	Apartment 8.06, 1, Kings Gate Walk, City Of Westminster, London SW1E 6AN	-	-	3	Flat
£2.7M	11/23	0.47 mi	Apartment 8.06, 1, Kings Gate Walk, City Of Westminster, London SW1E 6AN	-	-	3	Flat
£2.1M	01/24	0.52 mi	Apartment 27, 70 Wellington House, Buckingham Gate, London SW1E 6AL	-	-	3	Flat
£2.1M	01/24	0.52 mi	70 Wellington House, Apartment 27, Buckingham Gate, London SW1E 6AL	£17,797	118	3	Flat
£3.4M	02/24	0.52 mi	Apartment 55, 70 Wellington House, Buckingham Gate, London SW1E 6AL	£23,611	144	3	Flat
£3.4M	02/24	0.52 mi	Apartment 55, 70 Wellington House, Buckingham Gate, London SW1E 6AL	-	-	3	Flat
£1.7M	01/23	0.52 mi	Flat 8, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HX	-	-	3	Flat
£625K	12/24	0.52 mi	37, Warwick Way, London, Greater London SW1V 1QS	£8,333	75	3	Flat
£1.2M	12/23	0.53 mi	Carlisle Mansions, 2, Carlisle Place, London SW1P 1HX	£7,209	163	3	Flat
£435K	07/25	0.54 mi	31, Groome House, Black Prince Road, London SE11 6HY	-	-	3	Flat
£1.4M	02/25	0.54 mi	1f, Morpeth Terrace, London SW1P 1EW	£12,137	117	3	Flat
£1.4M	05/23	0.55 mi	Flat K, 59, Warwick Square, London, Greater London SW1V 2AL	£18,133	75	3	Flat
£1.5M	04/25	0.55 mi	105, St George's Square, London SW1V 3QP	£22,426	68	3	Flat
£1.5M	04/25	0.55 mi	105, St George's Square, London SW1V 3QP	-	-	3	Flat

Local Rents

50 rents from £1.9K/mo to £10.4K/mo, average is £6.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,402	07/25	0 mi	Edric House, Page Street, Westminster, London SW1P	3	Flat
£4,745	10/25	0.01 mi	Neville House, 19 Page Street, Westminster, London SW1P	3	Flat
£4,767	05/25	0.02 mi	Neville House,19 Page Street, Westminster, London, SW1P	3	Flat
£4,500	10/25	0.02 mi	Altayyar House, 102 Marsham Street, Westminster, London, SW1P	3	Flat
£4,900	10/25	0.02 mi	Altayyar House, 102 Marsham Street, Westminster, London, SW1P	3	Flat
£5,200	08/25	0.03 mi	St Johns Building, 79 Marsham Street, Westminster, London, SW1P	3	Flat
£5,200	08/25	0.03 mi	Altayyar House, 102 Marsham Street, Westminster, London, SW1P	3	Flat
£4,900	10/25	0.03 mi	Altayyar House, 102 Marsham Street, Westminster, London, SW1P	3	Flat
£4,500	09/24	0.03 mi	Marsham Street London SW1P	3	Flat
£4,225	05/25	0.03 mi	-	3	Flat
£5,000	09/24	0.04 mi	St Johns Building, 79 Marsham Street, SW1P	3	Flat
£4,225	07/25	0.05 mi	Marsham Street, London, SW1P	3	Flat
£6,717	09/24	0.05 mi	-	3	Flat
£8,233	09/24	0.05 mi	John Islip Street, London, SW1P	3	Flat
£7,000	09/24	0.05 mi	John Islip Street Westminster SW1P	3	Flat
£8,233	09/24	0.05 mi	LL Abell House, London	3	Flat
£8,233	09/24	0.05 mi	31 John Islip Street, London, SW1P	3	Flat
£7,583	09/24	0.05 mi	Abell House, 31 John Islip Street, London	3	Flat
£8,233	09/24	0.05 mi	Abell House, 31 John Islip Street, London	3	Flat
£7,500	07/25	0.05 mi	Abell House 31 John Islip Street London SW1P 4FE	3	Flat
£10,400	07/25	0.05 mi	Abell House, 31 John Islip Street, Westminster, London, SW1P	3	Flat
£10,400	07/25	0.05 mi	John Islip Street, Westminster, SW1P	3	Flat
£8,233	07/25	0.05 mi	Abell House, 31 John Islip Street, Westminster, London, SW1P	3	Flat
£6,998	08/25	0.05 mi	Abell House, John Islip Street, Westminster, SW1P	3	Flat
£7,360	09/25	0.05 mi	Abell House, SW1P	3	Flat
£6,500	05/25	0.05 mi	John Islip Street, London, SW1P	3	Flat
£7,367	09/25	0.05 mi	Abell House, John Islip Street, SW1P	3	Flat
£4,225	06/25	0.05 mi	Marsham Street, Westminster, London, SW1P	3	Flat
£8,000	09/24	0.05 mi	John Islip Street, Westminster, London, SW1P	3	Flat
£3,250	07/25	0.05 mi	Page Street, London, SW1P	3	Flat
£8,233	09/24	0.06 mi	John Islip Street, Westminster, London, SW1P	3	Flat
£7,496	08/25	0.06 mi	Marsham Street, London	3	Flat
£6,283	09/25	0.06 mi	John Islip Street, Westminster, London, SW1P	3	Flat
£8,233	07/25	0.06 mi	Cleland House, 32 John Islip Street, Westminster, London, SW1P	3	Flat
£5,000	07/25	0.06 mi	Cleland House, 32 John Islip Street, Westminster, London, SW1P	3	Flat
£4,250	10/25	0.06 mi	Westminster Green, 8 Dean Ryle Street, Westminster, London, SW1P	3	Flat
£6,283	06/25	0.06 mi	Abell House, John Islip Street, Westminster, SW1P	3	Flat
£4,000	06/25	0.07 mi	Dean Ryle Street, London, SW1P	3	Flat
£3,900	05/25	0.07 mi	Marsham Court, Marsham Street, London, SW1P	3	Flat
£3,000	08/25	0.07 mi	-	3	Flat
£4,333	09/24	0.07 mi	Westminster Green, 8 Dean Ryle Street, Westminster, London, SW1P	3	Flat
£7,367	10/25	0.07 mi	Celand House, John Islip Street	3	Flat
£7,366	10/25	0.07 mi	Celand House, John Islip Street	3	Flat
£1,900	07/25	0.07 mi	John Islip Street, Westminster, London, SW1P	3	Flat
£8,233	07/25	0.07 mi	John Islip Street, Westminster, London, SW1P	3	Flat
£6,900	09/25	0.07 mi	John Islip Street, London, SW1P	3	Flat
£7,000	04/25	0.07 mi	-	3	Flat
£5,417	09/25	0.07 mi	70 Horseferry Road, SW1P	3	Flat
£7,367	09/24	0.07 mi	John Islip Street, London, SW1P	3	Flat
£5,100	08/25	0.08 mi	Hepburn House, Marsham St., SW1P	3	Flat

Local Area Statistics

Population in SW1P	12,96512,965
Population in London	4,771,9214,771,921
Town centre distance	2.55 miles away2.55 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-21%-21%

Property History

Price changed to £625,000

February 16, 2025

Listed for £650,000

June 12, 2024

Floor Plans

Description

Well Presented 3 Bedroom Apartment +
748 Sq.Ft (69.49 Sq.M) +
Bright Reception Room +
Separate Modern Integrated Kitchen +
Contemporary Bathroom +
Separate WC +
Sold With Vacant Possession & HMO Compliant +
Close to Local Amenities Including Shops, Restaurants & Transport Links +
Walking Distance to St James' Park, Victoria, Westminster & Pimlico +

A bright and spacious 3 bedroom apartment available for sale in the heart of Westminster. The apartment is located in this Iconic development, which is a grade II listed building, designed by famous architect, Edward Lutyens. The living space comprises of a reception room, a modern separate smart kitchen, modern bathroom, separate WC, two double bedrooms and a 3rd room which can be used as an office or smaller single bedroom. Edric House is located only moments from the Tate Gallery, River Thames and Houses of Parliament and transport links are excellent with Pimlico, St James's Park and Westminster tube stations all nearby. The surrounding area also offers a variety of retail stores and many new restaurants. The Other Place theatre, Victoria Palace theatre and the Curzon Cinema are within walking distance.

Council Tax Band: D (London Borough of Westminster)
Ground Rent: Peppercorn £10 Per Annum
Service Charges: £2571 Per Annum
Leasehold: 125 years from 16 September 1988 (89 Years Remaining)
EPC Rating: C (70)

Agent Details

Garton Jones, Westminster & Victoria

020 3835 6360

Next Steps?

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CashflowsOpen in Analyser

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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