2 Bed Flat, Single Let, W1D 5EQ £750,000

Shaftesbury Avenue, Chinatown, W1D 5EQD - 7 views - a year ago

Leasehold

BTL

ROI: 1%

~68 m²

ValuationUndervalued

Sold Prices	£515K - £3.9M
Sold Prices/m²	£10.5K/m² - £28.4K/m²

Square Metres	~68.11 m²
Price/m²	£11K/m²
Value Estimate	£796,102£796,102
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£48,700£48,700
Total Cash In	£236,200£236,200

Cash Out
Rent Range	£2,492 - £9,499£2,492 - £9,499
Rent Estimate	£3,142
Running Costs/mo	£2,992£2,992
Cashflow/mo	£150£150
Cashflow/yr	£1,798£1,798
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £515K to £3.9M, average is £1.0M. £10.5K/m² to £28.4K/m², average is £13.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.2M	05/23	0.1 mi	12, Flat 10, Bourchier Street, London W1D 4HZ	-	-	2	Flat
£1.2M	05/23	0.1 mi	Flat 10, 12, Bourchier Street, London W1D 4HZ	-	-	2	Flat
£1.2M	05/23	0.1 mi	12, Flat 14, Bourchier Street, London W1D 4HZ	£16,416	73	2	Flat
£1.2M	05/23	0.1 mi	Flat 14, 12, Bourchier Street, London W1D 4HZ	-	-	2	Flat
£800K	02/24	0.12 mi	140a Gloucester Mansions, Flat 5, Shaftesbury Avenue, London WC2H 8HD	£13,793	58	2	Flat
£800K	02/24	0.12 mi	Flat 5, 140a Gloucester Mansions, Shaftesbury Avenue, London WC2H 8HD	-	-	2	Flat
£720K	09/21	0.13 mi	Flat 16, 59, Rupert Street, London W1D 7PN	-	-	2	Flat
£720K	09/21	0.13 mi	59, Flat 16, Rupert Street, London W1D 7PN	£14,118	51	2	Flat
£1.5M	01/24	0.14 mi	4 10, Flat 9, Tower Street, London WC2H 9NP	£15,843	96	2	Flat
£1.5M	01/24	0.14 mi	Flat 9, 4 10, Tower Street, London WC2H 9NP	-	-	2	Flat
£1.6M	01/22	0.15 mi	10 Soho Lofts, Flat 31, Richmond Mews, London W1D 3DD	£24,627	67	2	Flat
£1.6M	01/22	0.15 mi	Flat 31, 10 Soho Lofts, Richmond Mews, London W1D 3DD	-	-	2	Flat
£3.9M	12/23	0.16 mi	2, Flat 4, Royalty Mews, London W1D 3AR	£28,412	138	2	Flat
£3.9M	12/23	0.16 mi	Flat 4, 2, Royalty Mews, London W1D 3AR	-	-	2	Flat
£1.0M	12/24	0.18 mi	Flat 5, 1a, Phoenix Street, London WC2H 8BU	-	-	2	Flat
£1.0M	12/24	0.18 mi	1a, Flat 5, Phoenix Street, London WC2H 8BU	£12,821	78	2	Flat
£745K	09/23	0.19 mi	28 Fielding Court, Flat 12, Earlham Street, London WC2H 9LN	£15,204	49	2	Flat
£680K	02/24	0.2 mi	17, Flat 6, Shelton Street, London WC2H 9JN	£13,600	50	2	Flat
£680K	02/24	0.2 mi	Flat 6, 17, Shelton Street, London WC2H 9JN	-	-	2	Flat
£815K	05/24	0.22 mi	25, Flat 3, Shelton Street, London WC2H 9HW	£12,538	65	2	Flat
£815K	05/24	0.22 mi	Flat 3, 25, Shelton Street, London WC2H 9HW	-	-	2	Flat
£1.4M	10/24	0.23 mi	12, Flat 3, Shorts Gardens, London WC2H 9AU	£11,157	121	2	Flat
£1.4M	10/24	0.23 mi	Flat 3, 12, Shorts Gardens, London WC2H 9AU	-	-	2	Flat
£2.2M	12/22	0.24 mi	25, Unit 302, Floral Street, London WC2E 9DS	-	-	2	Flat
£2.2M	12/22	0.24 mi	Unit 302, 25, Floral Street, London WC2E 9DS	-	-	2	Flat
£1.5M	11/22	0.25 mi	30, Flat 8, Floral Street, London WC2E 9DP	£25,000	61	2	Flat
£1.5M	11/22	0.25 mi	Flat 8, 30, Floral Street, London WC2E 9DP	-	-	2	Flat
£515K	09/23	0.3 mi	49, Marshall Street, London W1F 9BE	£10,729	48	2	Flat
£910K	07/24	0.3 mi	Marshall House, Flat 2, Marshall Street, London W1F 9BE	£21,163	43	2	Flat
£3.0M	02/22	0.3 mi	1, Apartment 6, Cockspur Street, London SW1Y 5BG	-	-	2	Flat
£3.0M	02/22	0.3 mi	Apartment 6, 1, Cockspur Street, London SW1Y 5BG	-	-	2	Flat
£900K	03/24	0.32 mi	36 Dudley Court, Flat 39, Endell Street, London WC2H 9RE	£12,500	72	2	Flat
£900K	03/24	0.32 mi	Flat 39, 36 Dudley Court, Endell Street, London WC2H 9RE	-	-	2	Flat
£1.0M	02/24	0.33 mi	231 Exide House, Flat 2, Shaftesbury Avenue, London WC2H 8EL	£13,063	80	2	Flat
£1.0M	02/24	0.33 mi	Flat 2, 231 Exide House, Shaftesbury Avenue, London WC2H 8EL	-	-	2	Flat
£930K	01/22	0.34 mi	44b, Bedford Street, London, Greater London WC2E 9HA	£12,933	72	2	Flat
£900K	03/25	0.35 mi	Flat 2, 5, Hanway Place, London W1T 1HF	£10,465	86	2	Flat
£900K	03/25	0.35 mi	Flat 2, 5, Hanway Place, London W1T 1HF	-	-	2	Flat
£675K	02/25	0.35 mi	16, Flat 3, Maiden Lane, London WC2E 7NJ	£13,955	48	2	Flat
£675K	02/25	0.35 mi	Flat 3, 16, Maiden Lane, London WC2E 7NJ	-	-	2	Flat
£1.1M	12/21	0.35 mi	Flat 2, 6 Turner House, Exchange Court, London WC2R 0PP	£21,000	50	2	Flat
£1.1M	12/21	0.35 mi	Flat 2, 6 Turner House, Exchange Court, London WC2R 0PP	-	-	2	Flat
£1.3M	06/24	0.35 mi	Flat A, 1 3, Spring Gardens, London SW1A 2BB	-	-	2	Flat
£915K	06/24	0.36 mi	Flat 1d, 8 King Edward Mansions, Grape Street, London WC2H 8DY	-	-	2	Flat
£1.0M	02/24	0.36 mi	8 King Edward Mansions, Flat 4a, Grape Street, London WC2H 8DY	£13,240	77	2	Flat
£915K	06/24	0.36 mi	8 King Edward Mansions, Flat 1d, Grape Street, London WC2H 8DY	£11,024	83	2	Flat
£1.0M	02/24	0.36 mi	Flat 4a, 8 King Edward Mansions, Grape Street, London WC2H 8DY	-	-	2	Flat
£1.2M	07/22	0.39 mi	10, John Adam Street, London WC2N 6HA	£13,636	88	2	Flat
£1.3M	07/22	0.39 mi	10, Flat 38, John Adam Street, London WC2N 6HA	-	-	2	Flat
£1.2M	11/22	0.39 mi	10, Flat 42, John Adam Street, London WC2N 6HA	-	-	2	Flat

Local Rents

50 rents from £2.5K/mo to £9.5K/mo, average is £3.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,466	08/25	0 mi	Exeter Mansions, 106 Shaftesbury Avenue, W1D	2	Flat
£3,467	09/25	0 mi	Exeter Mansions, 106 Shaftesbury Avenue, W1D	2	Flat
£3,467	10/25	0 mi	Exeter Mansions, 106 Shaftesbury Avenue, London, Greater London, Soho, W1D	2	Flat
£3,467	09/25	0.01 mi	Shaftesbury Avenue, Chinatown W1	2	Flat
£3,250	10/24	0.02 mi	-	2	Flat
£3,228	09/25	0.02 mi	Shaftesbury Avenue, Chinatown W1	2	Flat
£3,467	06/25	0.03 mi	Shaftesbury Avenue, London, Greater London, Soho, W1D	2	Flat
£3,467	07/25	0.03 mi	Shaftesbury Avenue, London, W1D	2	Flat
£3,467	06/25	0.03 mi	Shaftesbury Avenue, Chinatown W1	2	Flat
£3,250	09/25	0.05 mi	Lisle Street, Chinatown W1	2	Flat
£3,250	08/25	0.05 mi	Lisle Street, London, WC2H	2	Flat
£3,250	09/25	0.05 mi	Lisle Street, London, Greater London, Soho, WC2H	2	Flat
£3,000	07/25	0.06 mi	Frith Street, Leicester Square, London	2	Flat
£2,500	11/25	0.06 mi	Second Floor, London, W1D	2	Flat
£2,500	10/25	0.06 mi	-	2	Flat
£2,500	11/25	0.06 mi	-	2	Flat
£4,000	09/25	0.07 mi	Newport Court, Covent Garden, London, WC2H	2	Flat
£3,640	11/25	0.07 mi	Frith Street, London, Greater London, Soho, W1D	2	Flat
£3,358	07/25	0.07 mi	Frith Street, London, Greater London, Soho, W1D	2	Flat
£2,817	08/25	0.08 mi	Vale Royal House, 36 Newport Court, WC2H	2	Flat
£2,800	07/25	0.08 mi	-	2	Flat
£4,000	07/25	0.08 mi	-	2	Flat
£4,000	07/25	0.08 mi	Vale Royal House, London, WC2H	2	Flat
£2,925	11/25	0.08 mi	Old Compton Street, London, Greater London, Soho, W1D	2	Flat
£2,925	11/25	0.08 mi	Old Compton Street, London, Greater London, Soho, W1D	2	Flat
£3,445	10/24	0.09 mi	Little Newport Street WC2H	2	Flat
£3,683	06/25	0.09 mi	Little Newport Street, London, Covent Garden, Greater London, WC2H 7JJ	2	Flat
£3,000	08/25	0.09 mi	Vale Royal House, Newport Court, London WC2H	2	Flat
£3,445	10/24	0.09 mi	Little Newport Street, London, WC2H	2	Flat
£3,683	05/25	0.09 mi	Little Newport Street, WC2H	2	Flat
£3,250	10/24	0.09 mi	-	2	Flat
£3,250	10/24	0.09 mi	-	2	Flat
£3,033	08/25	0.09 mi	-	2	Flat
£3,029	08/25	0.09 mi	Vale Royal House, London, WC2H	2	Flat
£3,200	01/25	0.09 mi	-	2	Flat
£7,393	10/24	0.09 mi	Wardour Street, London, W1D	2	Flat
£7,020	10/24	0.09 mi	Wardour Street, London, W1D	2	Flat
£5,000	06/25	0.1 mi	Bourchier Street, Soho, W1D	2	Flat
£4,500	06/25	0.1 mi	Bourchier Street, Soho, W1D	2	Flat
£4,983	10/24	0.1 mi	-	2	Flat
£7,392	10/24	0.1 mi	W Residences, Wardour Street, Soho, London, W1D	2	Flat
£9,499	09/25	0.1 mi	W Residences, Wardour Street, Soho, London, W1D	2	Flat
£3,077	06/25	0.1 mi	Rupert Street, Soho W1D	2	Flat
£4,500	06/25	0.1 mi	Bourchier Street, London, W1D	2	Flat
£8,212	10/24	0.1 mi	W Residences, Wardour Street, Soho, London, W1D	2	Flat
£7,800	10/24	0.1 mi	Wardour Street, London, W1D	2	Flat
£7,800	10/25	0.1 mi	Wardour Street, Soho, W1D 6QF	2	Flat
£2,492	07/25	0.1 mi	Dewhurst House, 3-5 Winnett Street, London, Greater London, Soho, W1D	2	Flat
£3,142	10/24	0.1 mi	Rupert Street, Chinatown W1	2	Flat
£3,077	05/25	0.1 mi	Rupert Street, Chinatown W1	2	Flat

Local Area Statistics

Population in W1	29,37629,376
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.13 miles away0.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-27%-27%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-14%-14%

Property History

Listed for £750,000

September 2, 2024

Floor Plans

Description

Set on the 4th floor of a striking period building on Shaftesbury Avenue, this large apartment is incredibly bright and airy, with generous room sizes, high ceilings throughout and big sash windows. The property enjoys lift access and low outgoings and it is located in the heart of London's vibrant West End. A plethora of theatres, art galleries, cinemas, shops and many of the city's finest restaurants can all be found moments away, and the underground at Leicester Square (Northern and Picadilly lines) is within easy reach. As well as the day and nightlife that Covent Garden and Soho have to offer, there is quick and convenient access to all of central London's main attractions, and one would be hard pressed to find a more popular location.

Selling your property in Shaftesbury Avenue? Trying to find your perfect home to buy? Register with Chestertons Covent Garden to get the full picture from the experts in the Chinatown market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (Chestertons-NHsales)

Agent Details

Chestertons, Covent Garden

020 3974 2024

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

7 Bed Flat, Single Let, London, W1D 5AE

£6,250,000

7 months ago • 87 m²

9 Bed House, Single Let, London, W1D 5AE

£6,250,000

25 days ago • 365 m²

Sold STC

2 Bed Flat, Single Let, London, WC2H 7PS

£1,000,000

9 months ago • 71 m²

2 Bed House, Single Let, London, WC2H 7BF

£2,200,000

2 months ago • 154 m²