2 Bed Terraced House, Single Let, London, SE1 2BZ, £765,000

Vogans Mill Wharf, 17 Mill Street, London, SE1 2BZ - 6 months ago

Leasehold
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£430K - £2.5M
Sold Prices/m²£6K/m² - £19.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£11.2K/m²

Value Estimate

£624,351

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£191,250

Stamp Duty & Legal Fees

£49,900

Total Cash In

£241,150

 

 

Cash Out

 

Rent Range

£2,000 - £4,150

Rent Estimate

£2,225

Running Costs/mo

£2,856

Cashflow/mo

£-631

Cashflow/yr

£-7,567

Gross Yield

3%

Local Sold Prices

37 sold prices from £430K to £2.5M, average is £705K. £6K/m² to £19.4K/m², average is £8.8K/m².

PriceDateDistanceAddressBeds 
£1.0M04/210.19 mi35, Lafone Street, London, Greater London SE1 2LX2
£705K08/230.42 mi9, Codling Close, London, Greater London E1W 2UX2
£650K09/210.44 mi85, St James's Road, London, Greater London SE16 4QS2
£865K07/210.45 mi19, Spirit Quay, London, Greater London E1W 2UT2
£865K07/210.46 mi19, Spirit Quay, London, Greater London E1W 2UT2
£880K01/210.5 mi7, Grange Walk Mews, London, Greater London SE1 3DS2
£780K06/210.5 mi55, Webster Road, London, Greater London SE16 4DR2
£2.0M07/220.53 mi281, Kennington Road, London, Greater London SE11 6BY2
£920K02/230.58 mi83, Waterman Way, London, Greater London E1W 2QW2
£780K03/230.58 mi78, Waterman Way, London, Greater London E1W 2QW2
£1.1M04/230.63 mi56, Guy Street, London, Greater London SE1 3RF2
£845K04/210.65 mi6, Alma Grove, London, Greater London SE1 5PY2
£865K09/230.65 mi32, Alma Grove, London, Greater London SE1 5PY2
£430K10/210.67 mi22, Abbey Gardens, London, Greater London SE16 3RQ2
£430K10/210.67 mi22, Abbey Gardens, London, Greater London SE16 3RQ2
£630K11/200.7 mi99, Pages Walk, London, Greater London SE1 4HD2
£630K11/200.7 mi99, Pages Walk, London, Greater London SE1 4HD2
£1.0M10/200.71 mi144, Fort Road, London, Greater London SE1 5QA2
£500K03/230.73 mi37, Strathnairn Street, London, Greater London SE1 5BN2
£480K04/210.74 mi48, Strathnairn Street, London, Greater London SE1 5BL2
£500K11/200.77 mi183, Simms Road, London, Greater London SE1 5LP2
£450K06/210.77 mi192, St James's Road, London, Greater London SE1 5LN2
£870K11/210.79 mi123, Lynton Road, London, Greater London SE1 5QX2
£480K08/210.79 mi25, Brunel Road, London, Greater London SE16 4LA2
£480K08/210.79 mi25, Brunel Road, London, Greater London SE16 4LA2
£707.5K10/200.8 mi5, Hawksmoor Mews, London, Greater London E1 0DG2
£977.5K02/210.82 mi174, Lynton Road, London, Greater London SE1 5RB2
£472.5K02/220.83 mi60, Cadet Drive, London, Greater London SE1 5RU2
£495K08/220.84 mi23, Oxley Close, London, Greater London SE1 5HF2
£700K12/220.84 mi51, Ann Moss Way, London, Greater London SE16 2TJ2
£495K04/210.86 miFlat 29, Winchelsea House, Swan Road, London, Greater London SE16 4LH2
£595K06/210.9 mi12, Clack Street, London, Greater London SE16 7JT2
£840K02/230.92 mi210, Rotherhithe Street, London, Greater London SE16 7RB2
£2.5M11/220.92 mi1, Horsemongers Mews, London, Greater London SE1 4GG2
£550K09/210.98 mi272, The Highway, London, Greater London E1W 3DH2
£1.4M08/220.99 mi87, County Street, London, Greater London SE1 4AD2
£575K11/200.99 mi36, Elsted Street, London, Greater London SE17 1QG2

Local Rents

50 rents from £2K/mo to £4.2K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£3,75012/240.01 miVogans Mill Wharf, London SE12
£3,48808/240.01 miMill Street, Shad Thames2
£3,25008/240.02 miSt Saviours Wharf, Shad Thames2
£3,40008/240.02 miSt Saviours Wharf, Mill Street, London, SE12
£2,50008/240.02 miJacob Street, London2
£4,15008/240.02 miJacob Street, London SE12
£3,03312/240.02 miProvidence Square, Southwark, London SE12
£2,60008/240.04 miSt Andrews Wharf, 12 Shad Thames, London, SE12
£3,49712/240.04 miLloyds Wharf, Mill Street, London2
£2,00008/240.04 miLittle London Court, Mill Street, London, SE12
£3,55008/240.04 miLittle London Court Mill Street SE12
£3,55008/240.04 miLittle London Court, Mill Street, London SE12
£2,50008/240.05 miShad Thames Shad Thames SE12
£2,81708/240.05 miSt Andrews Wharf, Shad Thames, London, SE12
£2,89908/240.06 miProvidence Square, SE12
£2,65008/240.06 miShad Thames, London2
£3,10012/240.06 mi-2
£3,10002/250.06 mi-2
£3,50008/240.07 miButlers & Colonial Wharf, London2
£2,30012/240.07 miProvidence Square, Shad Thames, SE12
£2,75008/240.07 miProvidence Square, Shad Thames, SE12
£2,70008/240.07 mi-2
£2,74708/240.07 miScott Sufferance, Mill Street, SE12
£2,81712/240.07 miScotts Sufferance Wharf, London SE12
£2,70012/240.07 miScott Sufferance, Mill Street, SE12
£3,00008/240.08 miCoriander Court, Gainsford Street SE12
£2,80012/240.08 mi-2
£2,80003/250.08 mi-2
£2,90012/240.08 miDockhead Wharf, London, SE12
£2,20012/240.08 mi-2
£2,99911/230.09 miProvidence Square, Shad Thames, SE12
£3,00008/240.09 miProvidence Square, London SE12
£2,92508/240.09 miProvidence Square, London SE12
£2,70012/240.09 miJamaica Road, Bermondsey2
£3,90008/240.09 miShad Thames, Tea Trade Wharf2
£3,90008/240.09 miShad Thames, Tea Trade Wharf2
£2,38308/240.09 miProvidence Square, London 2
£2,70812/240.09 miProvidence Square, London, SE12
£2,60011/230.09 miMillennium Square, Shad THames, SE12
£2,75008/240.09 miMillennium Square, London SE12
£2,29708/240.09 miProvidence Square, Shad Thames2
£3,00002/240.11 mi-2
£2,70812/240.11 miTamarind Court, Gainsford Street SE12
£3,49708/240.11 miShad Thames, Wheat Wharf Apartments2
£2,00002/250.11 mi-2
£2,74711/230.11 miShad Thames, SE12
£2,49612/240.11 miShad Thames, SE12
£2,38308/240.12 miShad Thames, London Bridge SE12
£2,40008/240.12 mi-2
£2,40008/240.12 miArnold Estate, London, SE12

Local Area Statistics

Population in SE1

66,777

Population in London

4,771,921

Town centre distance

2.36 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

-20%

Property History

Listed for £765,000

September 20, 2024

Floor Plans

Description

  • Large private balcony +
  • Secure allocated parking +
  • Open plan kitchen +
  • 941 sq ft +
  • Communal gardens and roof terrace +
  • 24 hour concierge +

A beautifully presented two bedroom apartment in an iconic warehouse conversion with open plan kitchen, large private balcony and secure allocated parking. At approximately 941 sq ft the apartment has been designed to maximise the internal space while simultaneously connecting it with the outside.

The spacious reception room with a refurbished open plan modern kitchen benefits from access out onto a private balcony running close to the length of the apartment. The two bedrooms are good size doubles, both with built-in wardrobes and access to the private balcony.

The principal bedroom benefits from a refurbished en-suite bathroom. The spacious hallway with beautiful wooden flooring has an abundance of storage and a further refurbished bathroom.

The property also benefits from one secure allocated parking space. Vogans Mill Wharf benefits from 24 hour concierge, secure parking, lift access, communal gardens and communal roof terrace with stunning views across London's skyline.

The development is located within easy access to all the bars, restaurants and shops that Shad Thames, More London and Bermondsey Street have to offer. It is also within close proximity to both London Bridge (National Rail services, Jubilee and Northern lines) and Bermondsey (Jubilee line) stations.

- Lease: 125 years from 29.9.1989
- Service charges: circa £7,500 per annum
- Reserve fund contribution: circa £2,900 per annum
- Ground rent: £500 per annum
- Council tax: Band F

Agent Details

Cluttons, Tower Bridge - Sales

020 3984 8978

Next Steps?

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