2 Bed Flat, Single Let, W1T 6QL, £800,000

Cleveland Street Fitzrovia, W1T 6QL - 3 views - 6 months ago

Leasehold
BTL
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£387K - £2.6M
Sold Prices/m²£7.6K/m² - £24.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£11.7K/m²

Value Estimate

£960,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Total Cash In

£252,700

 

 

Cash Out

 

Rent Range

£2,500 - £11,375

Rent Estimate

£2,639

Running Costs/mo

£3,048

Cashflow/mo

£-409

Cashflow/yr

£-4,906

Gross Yield

4%

Local Sold Prices

51 sold prices from £387K to £2.6M, average is £812.5K. £7.6K/m² to £24.1K/m², average is £14.3K/m².

PriceDateDistanceAddressBeds 
£645K10/200.05 miBasement Flat, 22, Conway Street, London, Greater London W1T 6BF2
£387K01/210.24 miFlat 44, Bucklebury, Stanhope Street, London, Greater London NW1 3LB2
£395K11/210.24 miFlat 35, Bucklebury, Stanhope Street, London, Greater London NW1 3LB2
£1.5M11/200.27 mi41, Weymouth Mews, London, Greater London W1G 7EG2
£425K02/210.27 miFlat 29, Swallowfield, Munster Square, London, Greater London NW1 3PJ2
£512K12/200.29 mi19b, Tolmers Square, London, Greater London NW1 2PE2
£1.0M04/230.32 mi71c, Albany Street, London, Greater London NW1 4BT2
£1.3M10/220.32 miFlat A, 99, Devonshire Mews South, London, Greater London W1G 6QR2
£600K05/230.33 mi217a, North Gower Street, London, Greater London NW1 2NR2
£515K04/210.33 mi155, Stanhope Street, London, Greater London NW1 3LR2
£1.6M03/230.37 miFlat F, 30, Devonshire Place, London, Greater London W1G 6JH2
£725K01/210.38 mi67, Ridgmount Gardens, London, Greater London WC1E 7AX2
£900K06/210.39 mi57, Ridgmount Gardens, London, Greater London WC1E 7AU2
£2.4M12/220.39 mi21a, Harley Place, London, Greater London W1G 8LZ2
£900K06/210.39 mi57, Ridgmount Gardens, London, Greater London WC1E 7AU2
£1.1M12/230.39 mi63, Ridgmount Gardens, London, Greater London WC1E 7AU2
£445K04/210.39 miFlat 16, Patterdale, Osnaburgh Street, London, Greater London NW1 3QJ2
£520K03/230.39 miFlat 7, Patterdale, Osnaburgh Street, London, Greater London NW1 3QJ2
£610K09/210.4 mi41a, Ridgmount Gardens, London, Greater London WC1E 7AT2
£610K09/210.4 mi41a, Ridgmount Gardens, London, Greater London WC1E 7AT2
£812.5K02/220.4 mi84a, Ridgmount Gardens, London, Greater London WC1E 7AY2
£700K12/220.41 mi30a, Ridgmount Gardens, London, Greater London WC1E 7AS2
£1.6M02/230.41 miFlat C, Regis House, 49, Beaumont Street, London, Greater London W1G 6DN2
£1.1M05/230.42 mi10, Ridgmount Gardens, London, Greater London WC1E 7AP2
£1.9M02/230.44 mi17, De Walden Street, London, Greater London W1G 8RW2
£2.6M08/220.45 mi2, Wheatley Street, London, Greater London W1G 8PS2
£940K03/230.46 miFlat 12, Maybury Court, Marylebone Street, London, Greater London W1G 8JE2
£1.2M06/210.47 miFlat 15, Carisbrooke Court, Weymouth Street, London, Greater London W1G 8NZ2
£1.7M11/220.47 mi2, De Walden Street, London, Greater London W1G 8RJ2
£405K03/210.49 miFlat 39, Cartmel, Hampstead Road, London, Greater London NW1 3SH2
£658.4K09/230.53 miFlat 29, Winston House, Endsleigh Street, London, Greater London WC1H 0EA2
£730K12/200.55 miFlat 2, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£960K12/200.55 miFlat 8, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£957.5K03/210.55 miFlat 12, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£1.2M07/220.61 miFlat 27, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ2
£1.1M09/210.61 miFlat 100, Wendover Court, Chiltern Street, London, Greater London W1U 7NY2
£1.6M04/240.61 miWendover Court, Flat 100, Chiltern Street, London, Greater London W1U 7NY2
£645K10/230.62 miFlat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL2
£1.1M08/220.62 miFlat 32, Wendover Court, Chiltern Street, London, Greater London W1U 7NT2
£805K05/230.63 miFlat 2, Wendover Court, Chiltern Street, London, Greater London W1U 7NS2
£2.3M08/220.64 miFlat 112, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AG2
£1.3M03/240.65 miBedford Court Mansions, Flat 95b, Bedford Avenue, London, Greater London WC1B 3AE2
£1.2M04/210.65 miFlat 40, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA2
£1.1M05/210.65 miFlat 52, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA2
£800K07/230.65 miFlat 43a, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA2
£690K01/230.65 mi263a, Hampstead Road, London, Greater London NW1 3EA2
£488.5K09/210.65 miFlat 29, Oakshott Court, Polygon Road, London, Greater London NW1 1ST2
£590K09/220.65 miFlat 26, Thackeray House, Herbrand Street, London, Greater London WC1N 1HN2
£675K08/230.65 miFlat 2, Thackeray House, Herbrand Street, London, Greater London WC1N 1HN2
£675K08/230.65 miFlat 2, Thackeray House, Herbrand Street, London, Greater London WC1N 1HN2
£620K07/220.66 miFlat 10, Coram House, Herbrand Street, London, Greater London WC1N 1HQ2

Local Rents

50 rents from £2.5K/mo to £11.4K/mo, average is £3.7K/mo.

RentDateDistanceAddressBeds 
£4,59010/240.01 miCleveland Street, London, W1T 6PA, UK2
£2,90010/240.02 mi-2
£2,92510/240.02 mi9 Warren Mews, London, Greater London, W1T2
£3,50004/250.03 mi-2
£2,95010/240.03 mi-2
£2,50002/250.03 miGlebe House, 15 Fitzroy Mews, Fitzrovia, London, W1T2
£2,70002/240.04 mi-2
£2,50002/240.04 mi-2
£2,50010/240.04 miFitzroy Mews, London, W1T2
£2,57810/240.05 miCleveland Street, Fitzrovia, W12
£3,46701/250.05 mi-2
£3,29303/250.05 mi-2
£3,20010/240.05 mi-2
£4,10010/240.06 mi-2
£5,41710/240.06 miFitzroy Square, Fitzrovia, W1T2
£4,76710/240.06 miBolsover Street, London, W1W2
£5,20010/240.06 miBolsover Street, London, W1W2
£4,80010/240.06 miBolsover Street, London, W1W2
£3,35012/240.07 mi-2
£2,80012/240.07 mi-2
£3,10004/250.07 mi-2
£6,71710/240.07 mi101-103 Cleveland Street, London2
£11,37510/240.07 miBolsover Street, London, W1W2
£4,55010/240.08 miGreat Portland Street, London, W1W2
£4,55010/240.08 miGreat Portland Street, London, W1W2
£3,25010/240.09 miConway Street, Fitzrovia & Covent Garden2
£4,76710/240.09 miGreat Portland Street, Marylebone, London, W1W2
£4,98310/240.09 mi206 Great Portland Street, London, W1W2
£4,98310/240.09 miGreat Portland Street, London, W1W2
£2,70010/240.09 miConway Street, Goodge Street, W1T2
£4,98310/240.1 mi-2
£2,88212/240.1 mi-2
£7,00002/240.1 mi-2
£8,33310/240.1 mi-2
£3,96510/240.1 miHallam Street, London2
£3,25010/240.12 mi-2
£2,70010/240.12 mi-2
£3,42310/240.12 mi-2
£3,46710/240.14 mi-2
£3,77010/240.14 miWeymouth Street, London, W1W2
£3,45012/240.14 mi-2
£3,46710/240.15 mi-2
£3,77010/240.15 miWeymouth Street, Marylebone, London, W1W2
£3,77010/240.15 miWeymouth Street, London2
£3,68310/240.15 miWeymouth Street, Marylebone2
£3,77010/240.15 miWeymouth Street, Marylebone, W1W2
£3,77010/240.15 miWeymouth Street, Fitzrovia, W1W2
£3,77010/240.15 miWeymouth Street, Marylebone, London, W1W2
£3,77010/240.15 miWeymouth Street, Fitzrovia, London, W1W2
£3,77010/240.15 miWeymouth Street, Marylebone, W1W2

Local Area Statistics

Population in W1

29,383

Nearest school

0.20 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Buyer's market

Capital growth (5yrs)

-5%

Property History

Listed for £800,000

October 22, 2024

Floor Plans

Description

  • Listed Georgian House Conversion +
  • Private Patio +
  • Three bedrooms two bathrooms +
  • Recently refurbished +
  • Good storage +
  • Fitzrovia +

Located on the ground and lower ground floors of this listed Georgian House this newly refurbished apartment will appeal to owner occupiers, investors and for those looking to invest for their children at one of the prestigious local universities. The layout of the apartment is very versatile enabling it to be configured as a three bedroom apartment or as a two bedroom, two reception room property.

Upon entering by your own front door you are greeted by a  bright reception space, as you proceed through the room you reach the hallway and a separate newly fitted kitchen with integrated appliances.  To the rear of the property is a large room with a pitched skylight that leads onto a private patio. On the lower floor there are two bedrooms both with fitted storage and an ensuite to the master bedroom as well as a family bathroom. 

The property further benefits from a separate storage room, wood flooring and contemporary finishes throughout in a lovely period building.

The property is offered to market chain free and with the benefit of a 125 year Lease.  Call Central London’s Estate Agent Greater London properties to view this amazing apartment.

Location

Cleveland Street, located in the heart of London’s historic Fitzrovia district, is a vibrant and culturally rich area. The street runs from Euston Road in the north to Oxford Street in the south, serving as an important thoroughfare in this eclectic neighbourhood. It is renowned for its Georgian architecture, with many buildings dating back to the 18th and 19th centuries, giving the area a timeless charm that contrasts with the bustling modernity of the West End.

Fitzrovia, the neighbourhood Cleveland Street runs through, is named after the Fitzroy Tavern, a famous meeting place for writers and artists in the early 20th century. The area has a long history of being a creative hub, home to prominent figures like George Bernard Shaw, Virginia Woolf, and Dylan Thomas. Today, it retains this artistic spirit, with numerous galleries, design studios, and independent shops contributing to its bohemian vibe. In recent decades, Fitzrovia has undergone significant transformation, blending its artistic heritage with a more upscale feel.

Cleveland Street is lined with a variety of cafes, restaurants, and pubs, offering an array of dining options that reflect the diverse population of the area. The nearby Charlotte Street is particularly famous for its range of eateries, from casual bistros to Michelin-starred establishments. Despite being close to major commercial hubs like Oxford Street and Regent Street, Cleveland Street and Fitzrovia maintain a more relaxed, village-like atmosphere. The area is dotted with hidden green spaces, such as Fitzroy Square and the beautiful gardens of the nearby University College London. This mix of history, culture, and modernity makes Cleveland Street and its surroundings one of London’s most unique and desirable locations to live and work in.

Agent Details

Greater London Properties, Soho

020 3907 3597

Next Steps?

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