2 Bed Flat, Single Let, London, SW3 3DS, £795,000

CHELSEA CLOISTERS, SLOANE AVENUE, London, SW3 3DS - 10 months ago

Leasehold

BTL

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£230K - £4.6M
Sold Prices/m²	£8.4K/m² - £31.2K/m²

Square Metres	~68.11 m²
Price/m²	£11.7K/m²
Value Estimate	£985,800£985,800
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£198,750£198,750
Stamp Duty & Legal Fees	£52,300£52,300
Total Cash In	£251,050£251,050

Cash Out
Rent Range	£2,595 - £5,850£2,595 - £5,850
Rent Estimate	£3,041
Running Costs/mo	£3,113£3,113
Cashflow/mo	£-72£-72
Cashflow/yr	£-859£-859
Gross Yield	5%5%

Local Sold Prices

51 sold prices from £230K to £4.6M, average is £1.3M. £8.4K/m² to £31.2K/m², average is £16.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.2M	03/23	0.07 mi	Flat 77, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HH	-	-	2	Flat
£1.4M	05/21	0.1 mi	Flat 206, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HG	-	-	2	Flat
£1.7M	06/23	0.1 mi	Flat 53, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HW	-	-	2	Flat
£1.7M	08/23	0.1 mi	Flat 164, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HF	-	-	2	Flat
£1.5M	07/23	0.1 mi	Flat 237, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HD	-	-	2	Flat
£1.2M	06/21	0.12 mi	Flat 29, Thurloe Court, Fulham Road, London, Greater London SW3 6SB	-	-	2	Flat
£1.4M	09/21	0.12 mi	Flat 21, Thurloe Court, Fulham Road, London, Greater London SW3 6SB	-	-	2	Flat
£592K	04/21	0.13 mi	21, Wiltshire Close, London, Greater London SW3 2NS	£11,608	51	2	Flat
£665K	04/23	0.14 mi	Flat 45, Pond House, Pond Place, London, Greater London SW3 6QS	-	-	2	Flat
£1.3M	03/21	0.14 mi	Flat 1, Astell House, Astell Street, London, Greater London SW3 3RX	-	-	2	Flat
£605K	03/21	0.17 mi	14, Richards Place, London, Greater London SW3 2LA	£16,806	36	2	Flat
£1.8M	04/21	0.19 mi	7a, Sydney Place, London, Greater London SW7 3NL	-	-	2	Flat
£1.5M	09/23	0.24 mi	Flat B, 2, Anderson Street, London, Greater London SW3 3LU	-	-	2	Flat
£950K	05/21	0.24 mi	Flat 22, Britten House, Britten Street, London, Greater London SW3 3UB	-	-	2	Flat
£1.8M	10/20	0.25 mi	15, Anderson Street, London, Greater London SW3 3NH	-	-	2	Flat
£2.2M	02/21	0.29 mi	Flat 19, Culford Mansions, Culford Gardens, London, Greater London SW3 2SS	-	-	2	Flat
£1.2M	07/23	0.29 mi	Flat B, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£1.2M	07/23	0.29 mi	Flat B, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£2.9M	12/20	0.29 mi	Flat 4, Walton House, Walton Street, London, Greater London SW3 2JH	-	-	2	Flat
£3.8M	01/23	0.3 mi	Flat D, 41, Lennox Gardens, London, Greater London SW1X 0DF	-	-	2	Flat
£1.3M	06/21	0.3 mi	Flat 90, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA	-	-	2	Flat
£2.2M	01/23	0.3 mi	Flat 87, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA	-	-	2	Flat
£1.4M	05/23	0.33 mi	First And Second Floor Flat, 20, Walpole Street, London, Greater London SW3 4QP	-	-	2	Flat
£1.2M	09/21	0.36 mi	Flat 54, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RT	-	-	2	Flat
£1.3M	05/21	0.36 mi	Flat 113, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RY	-	-	2	Flat
£915K	12/21	0.36 mi	Flat 67, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RX	-	-	2	Flat
£500K	03/23	0.36 mi	Flat 91, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RY	-	-	2	Flat
£1.3M	06/23	0.36 mi	Flat 96, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RU	-	-	2	Flat
£850K	12/23	0.36 mi	Flat 4, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RT	-	-	2	Flat
£800K	02/24	0.37 mi	65, Radnor Walk, London, Greater London SW3 4BT	£8,421	95	2	Flat
£1.3M	01/21	0.41 mi	First Floor Flat, 43, Tedworth Square, London, Greater London SW3 4DW	-	-	2	Flat
£1.7M	08/23	0.43 mi	Upper Maisonette, 25, Redesdale Street, London, Greater London SW3 4BL	£17,784	97	2	Flat
£1.1M	06/23	0.43 mi	Flat 8, York House, Turks Row, London, Greater London SW3 4TH	-	-	2	Flat
£1.1M	09/23	0.45 mi	93a, Flood Street, London, Greater London SW3 5TB	£16,462	65	2	Flat
£1.4M	11/20	0.45 mi	Garden Maisonette, 105, Oakley Street, London, Greater London SW3 5NR	-	-	2	Flat
£1.5M	06/23	0.47 mi	28a, Ennismore Gardens, London, Greater London SW7 1AD	£11,628	129	2	Flat
£4.6M	05/23	0.48 mi	5, Elm Place, London, Greater London SW7 3QH	£31,190	147	2	Flat
£875K	06/23	0.49 mi	Ground Floor Flat, 18, Bramerton Street, London, Greater London SW3 5JX	£16,264	54	2	Flat
£2.0M	01/21	0.49 mi	105, Flood Street, London, Greater London SW3 5TD	-	-	2	Flat
£890K	06/21	0.5 mi	Flat 42, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QP	-	-	2	Flat
£1.1M	09/21	0.5 mi	Flat 38, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QP	-	-	2	Flat
£620K	03/21	0.5 mi	Flat 67, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS	-	-	2	Flat
£620K	06/21	0.5 mi	Flat 74, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS	£11,698	53	2	Flat
£620K	06/21	0.5 mi	Flat 74, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS	£11,698	53	2	Flat
£656K	05/21	0.51 mi	Flat 5, Wedderburn House, Lower Sloane Street, London, Greater London SW1W 8BZ	-	-	2	Flat
£2.2M	03/21	0.54 mi	Flat H, 8, Ennismore Gardens, London, Greater London SW7 1NL	-	-	2	Flat
£1.6M	01/23	0.54 mi	Flat 2, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY	-	-	2	Flat
£1.6M	12/20	0.55 mi	34a, Tite Street, London, Greater London SW3 4JA	£22,222	72	2	Flat
£230K	07/21	0.55 mi	34i, Cranley Gardens, London, Greater London SW7 3DD	-	-	2	Flat
£2.6M	11/23	0.57 mi	Kingston House South, Flat 70, Ennismore Gardens, London, Greater London SW7 1NG	£23,661	112	2	Flat
£1.7M	01/23	0.57 mi	Flat 44, Eresby House, Rutland Gate, London, Greater London SW7 1BG	-	-	2	Flat

Local Rents

50 rents from £2.6K/mo to £5.8K/mo, average is £4.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£5,850	09/24	0.03 mi	-	2	Flat
£3,033	10/24	0.03 mi	-	2	Flat
£3,100	02/24	0.03 mi	-	2	Flat
£3,493	09/24	0.03 mi	Chelsea Cloisters, Sloane Avenue, London, SW3	2	Flat
£3,300	10/24	0.03 mi	-	2	Flat
£3,750	03/25	0.06 mi	-	2	Flat
£2,595	02/25	0.07 mi	-	2	Flat
£3,350	09/24	0.07 mi	Draycott Avenue, London, SW3	2	Flat
£3,467	09/24	0.08 mi	Whiteheads Grove, Chelsea, London, SW3	2	Flat
£3,250	09/24	0.08 mi	Whiteheads Grove, Chelsea, London, SW3	2	Flat
£3,900	09/24	0.1 mi	Fulham Road, London	2	Flat
£4,117	09/24	0.1 mi	Fulham Road, South Kensington, SW3	2	Flat
£4,442	09/24	0.11 mi	Pelham Court, Fulham Road, Chelsea, London, SW3	2	Flat
£5,850	09/24	0.11 mi	Fulham Road, London	2	Flat
£3,553	09/24	0.12 mi	Fulham Road, London	2	Flat
£4,550	09/24	0.12 mi	Fulham Road, London, UK, SW3	2	Flat
£4,117	09/24	0.12 mi	Fulham Road, South Kensington, SW3	2	Flat
£4,117	09/24	0.12 mi	Fulham Road, London	2	Flat
£4,767	09/24	0.13 mi	Fulham Road, South Kensington, SW3	2	Flat
£4,767	09/24	0.13 mi	Pelham Court, Fulham Road, Chelsea, London, SW3	2	Flat
£3,900	09/24	0.13 mi	Fulham Road, London	2	Flat
£3,250	09/24	0.13 mi	Elystan Street, Chelsea	2	Flat
£4,312	09/24	0.14 mi	The Gateways, Sprimont Place, SW3	2	Flat
£4,550	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,117	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,442	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,550	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,767	09/24	0.14 mi	Fulham Road, London	2	Flat
£3,900	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,875	09/24	0.14 mi	Fulham Road, Chelsea, SW3	2	Flat
£4,550	09/24	0.14 mi	Pelham Court, 145 Fulham Road, Chelsea, London	2	Flat
£4,442	09/24	0.14 mi	Pelham Court, Chelsea, London SW3	2	Flat
£4,767	09/24	0.14 mi	Fulham Road, Chelsea, London, SW3	2	Flat
£4,767	09/24	0.14 mi	Chelsea, London, SW3	2	Flat
£3,900	09/24	0.14 mi	Chelsea, London, SW3	2	Flat
£3,878	09/24	0.14 mi	London , SW3	2	Flat
£4,117	09/24	0.14 mi	Pelham Court, Chelsea, London, SW3	2	Flat
£4,767	09/24	0.14 mi	Pelham Court, 145 Fulham Road, Chelsea, London	2	Flat
£5,850	09/24	0.14 mi	London, SW3	2	Flat
£3,900	09/24	0.14 mi	Pelham Court, 145 Fulham Road, London, SW3	2	Flat
£4,116	09/24	0.14 mi	Pelham Court, 145 Fulham Road, London, SW3	2	Flat
£4,117	09/24	0.14 mi	Pelham Court, 145 Fulham Road, Chelsea, London	2	Flat
£4,767	09/24	0.14 mi	Pelham Court, 145 Fulham Road, Chelsea, London	2	Flat
£3,499	09/24	0.14 mi	-	2	Flat
£5,500	09/24	0.14 mi	Pelham Court, Fulham Road, SW3	2	Flat
£4,117	09/24	0.14 mi	Pelham Court, Fulham Road, SW3	2	Flat
£4,550	09/24	0.14 mi	Fulham Road, London	2	Flat
£4,030	09/24	0.14 mi	-	2	Flat
£4,550	11/24	0.14 mi	-	2	Flat
£4,441	09/24	0.14 mi	Fulham Road, London, SW3	2	Flat

Local Area Statistics

Population in SW3	22,08622,086
Population in London	4,771,9214,771,921
Town centre distance	3.62 miles away3.62 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.30 miles away0.30 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 £795,000

June 13, 2024

Floor Plans

Description

Reception Room +
2 Bedrooms +
Bathroom +
Shower Room +
Kitchen +
Inclusive Heating/Hot Water +
Lift +
Resident Parking Permits Available +

A two bedroom two bathroom apartment extending to 569 sq ft, with a bright south facing reception room on the second floor (with lift) of a portered building and with a lease of 178 years remaining.

Chelsea Cloisters is a popular 1930's purpose built block ideally located close to the Kings Road, Sloane Square, Chelsea, South Kensington and Knightsbridge.

Agent Details

Plaza Estates, Knightsbridge

020 3871 5794

Next Steps?

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

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