2 Bed Flat, Single Let, London, SW11 7AJ, £1,000,000

Glacier House, The Residence, Nine Elms, SW11 7AJ - 1 views - 6 months ago

Leasehold

BTL

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£267K - £925K
Sold Prices/m²	£3K/m² - £13.9K/m²

Square Metres	~68.11 m²
Price/m²	£14.7K/m²
Value Estimate	£651,339£651,339

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£250,000£250,000
Stamp Duty & Legal Fees	£72,450£72,450
Total Cash In	£322,450£322,450

Cash Out
Rent Range	£3,300 - £7,000£3,300 - £7,000
Rent Estimate	£3,364
Running Costs/mo	£3,818£3,818
Cashflow/mo	£-454£-454
Cashflow/yr	£-5,446£-5,446
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £267K to £925K, average is £437.5K. £3K/m² to £13.9K/m², average is £10.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£870K	04/23	0.14 mi	Flat 5, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£925K	08/21	0.14 mi	Flat 10, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£500K	06/21	0.23 mi	8, Mill Pond Close, London, Greater London SW8 4SN	£7,463	67	2	Flat
£432.5K	03/21	0.24 mi	Flat 17, Oliver House, Wyvil Road, London, Greater London SW8 2SX	-	-	2	Flat
£353.3K	06/23	0.26 mi	Flat 13, Webb House, Hemans Street, London, Greater London SW8 4SU	-	-	2	Flat
£445K	02/21	0.28 mi	Flat 12, Courthope House, Hartington Road, London, Greater London SW8 2HS	-	-	2	Flat
£473.4K	09/23	0.28 mi	92, Crimsworth Road, London, Greater London SW8 4RL	£13,945	34	2	Flat
£340K	11/21	0.29 mi	Flat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE	-	-	2	Flat
£481.2K	09/23	0.29 mi	Flat 10, Lang House, Hartington Road, London, Greater London SW8 2HT	-	-	2	Flat
£425K	11/20	0.31 mi	Flat 25, Tillotson Court, Wandsworth Road, London, Greater London SW8 2NH	-	-	2	Flat
£416K	07/23	0.37 mi	Flat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£435K	05/23	0.37 mi	Flat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ	-	-	2	Flat
£590K	06/23	0.37 mi	160a, Old South Lambeth Road, London, Greater London SW8 1XX	-	-	2	Flat
£835K	09/21	0.38 mi	Basement Flat, 68, Claverton Street, London, Greater London SW1V 3AX	£12,463	67	2	Flat
£700K	02/24	0.38 mi	78, Ground Floor Flat, Claverton Street, London, Greater London SW1V 3AX	£12,727	55	2	Flat
£350K	06/21	0.38 mi	Flat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU	£7,447	47	2	Flat
£415K	09/21	0.4 mi	Flat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£375K	09/21	0.4 mi	Flat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT	-	-	2	Flat
£395K	01/21	0.41 mi	Ground Floor Flat, 53, Thorne Road, London, Greater London SW8 2BY	-	-	2	Flat
£590K	10/23	0.41 mi	35, Heyford Avenue, Kennington, London, Greater London SW8 1EA	-	-	2	Flat
£400K	12/20	0.42 mi	Flat 62, Cornwallis Court, Lansdowne Green, London, Greater London SW8 2NX	-	-	2	Flat
£465K	01/23	0.42 mi	Flat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY	-	-	2	Flat
£520K	06/21	0.43 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£370K	12/20	0.44 mi	Flat 17, Thessaly House, Thessaly Road, London, Greater London SW8 4EB	-	-	2	Flat
£315K	03/23	0.44 mi	Flat 25, Park Mansions, South Lambeth Road, London, Greater London SW8 1TP	-	-	2	Flat
£580K	01/21	0.45 mi	Flat C, 42, Heyford Avenue, London, Greater London SW8 1EE	-	-	2	Flat
£470K	10/20	0.46 mi	Flat 25, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£435K	06/23	0.46 mi	Flat 2, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£573.2K	10/21	0.46 mi	65c, Heyford Avenue, London, Greater London SW8 1EB	-	-	2	Flat
£741K	01/21	0.47 mi	4, Rita Road, London, Greater London SW8 1JU	£8,718	85	2	Flat
£407.5K	03/21	0.47 mi	Flat 18, Hartington Court, Lansdowne Way, London, Greater London SW8 2EB	-	-	2	Flat
£390K	06/21	0.49 mi	Flat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£370K	02/21	0.49 mi	Flat 73, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED	-	-	2	Flat
£305K	12/23	0.5 mi	65, Tradescant Road, London, Greater London SW8 1XJ	£2,961	103	2	Flat
£270K	03/23	0.5 mi	Flat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£270K	11/23	0.5 mi	Flat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW	-	-	2	Flat
£267K	01/23	0.5 mi	Flat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN	-	-	2	Flat
£540K	05/23	0.54 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£350K	06/21	0.55 mi	Flat 22, Edrich House, Binfield Road, London, Greater London SW4 6SS	-	-	2	Flat
£537.5K	02/21	0.58 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£480K	02/23	0.58 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£350K	03/21	0.58 mi	Flat 42, Aston House, Wandsworth Road, London, Greater London SW8 4ER	-	-	2	Flat
£560K	08/21	0.58 mi	229d, South Lambeth Road, London, Greater London SW8 1XR	-	-	2	Flat
£515K	10/20	0.58 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.58 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£800K	11/20	0.6 mi	29a, Moreton Place, London, Greater London SW1V 2NL	£13,115	61	2	Flat
£430K	06/23	0.61 mi	Flat 5, Wisden House, Meadow Road, London, Greater London SW8 1NA	-	-	2	Flat
£510K	12/20	0.61 mi	First Floor Flat, 30, Albert Square, London, Greater London SW8 1DA	£10,408	49	2	Flat
£440K	02/23	0.62 mi	Second Floor Flat, 80, Meadow Road, London, Greater London SW8 1PP	£10,233	43	2	Flat
£270K	09/21	0.63 mi	Flat 42, Rundell Tower, Portland Grove, London, Greater London SW8 1JD	-	-	2	Flat

Local Rents

50 rents from £3.3K/mo to £7K/mo, average is £4.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,467	09/24	0 mi	The Residence London SW11	2	Flat
£4,463	09/24	0.01 mi	Thornes House, Nine Elms, London, SW11	2	Flat
£4,073	09/24	0.01 mi	Charles Clowes Walk, London	2	Flat
£3,300	09/24	0.01 mi	-	2	Flat
£4,680	09/24	0.02 mi	Charles Clowes Walk, London	2	Flat
£3,350	09/24	0.02 mi	Haines House, Nine Elms, SW11	2	Flat
£4,463	09/24	0.02 mi	The Residence, Nine Elms, SW8	2	Flat
£3,380	11/24	0.02 mi	-	2	Flat
£4,507	09/24	0.02 mi	The Residence, Nine Elms, London, SW11	2	Flat
£4,463	09/24	0.02 mi	Charles Clowes Walk, London, SW11	2	Flat
£4,550	09/24	0.02 mi	Charles Clowes Walk, London, SW11	2	Flat
£3,575	09/24	0.02 mi	Charles Clowes Walk, London, SW11	2	Flat
£3,800	02/24	0.02 mi	-	2	Flat
£3,950	09/24	0.02 mi	-	2	Flat
£3,550	11/24	0.02 mi	-	2	Flat
£3,358	09/24	0.03 mi	Madeira Tower, The Residence, London, SW11	2	Flat
£4,500	10/24	0.03 mi	-	2	Flat
£7,000	09/24	0.03 mi	-	2	Flat
£7,000	04/25	0.03 mi	-	2	Flat
£4,680	09/24	0.03 mi	SW11 7AG., Nine Elms, London, SW11	2	Flat
£4,073	09/24	0.03 mi	Charles Clowes Walk, London	2	Flat
£3,792	09/24	0.03 mi	Madeira Tower, The Residence, London, SW11	2	Flat
£3,532	09/24	0.03 mi	The Residence London SW11	2	Flat
£4,073	09/24	0.03 mi	Thornes House, Nine Elms, London, SW11	2	Flat
£4,464	09/24	0.03 mi	Charles Clowes Walk, Nine Elms, London, SW11	2	Flat
£4,593	10/24	0.04 mi	-	2	Flat
£4,593	02/25	0.04 mi	-	2	Flat
£4,871	02/25	0.04 mi	-	2	Flat
£4,333	04/25	0.04 mi	-	2	Flat
£4,073	09/24	0.04 mi	Charles Clowes Walk, Nine Elms, LONDON, SW11 7AG	2	Flat
£4,463	09/24	0.04 mi	Charles Clowes Walk, Nine Elms, London, SW11 7AG	2	Flat
£4,593	09/24	0.04 mi	Thornes House, Nine Elms, London, SW11 7AG	2	Flat
£4,073	02/24	0.04 mi	-	2	Flat
£4,073	02/24	0.04 mi	-	2	Flat
£4,680	02/24	0.04 mi	-	2	Flat
£6,497	12/24	0.04 mi	-	2	Flat
£4,832	10/24	0.04 mi	-	2	Flat
£5,850	09/24	0.04 mi	-	2	Flat
£5,850	03/25	0.04 mi	-	2	Flat
£5,092	12/24	0.04 mi	-	2	Flat
£4,333	02/25	0.04 mi	-	2	Flat
£4,230	02/25	0.04 mi	-	2	Flat
£4,290	02/25	0.04 mi	-	2	Flat
£4,897	02/25	0.04 mi	-	2	Flat
£4,871	02/25	0.04 mi	-	2	Flat
£5,092	03/25	0.04 mi	-	2	Flat
£4,333	04/25	0.04 mi	-	2	Flat
£4,637	04/25	0.04 mi	-	2	Flat
£4,680	04/25	0.04 mi	-	2	Flat
£4,846	04/25	0.04 mi	-	2	Flat

Local Area Statistics

Population in SW11	70,15270,152
Population in London	4,771,9214,771,921
Town centre distance	3.42 miles away3.42 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+1%+1%

Property History

Listed for £1,000,000

October 28, 2024

Floor Plans

Description

Spacious two-bedroom apartment +
Secure development +
Communal garden +
Access to Northern Line extension +
Sought-after neighbourhood +
Resident facilities +
Quality specifications +
Abundance of amenities +

JOHNS&CO are pleased to present this exquisite two bedroom apartment within one of Nine Elms most sought-after developments - The Residence.

The property consists of a large private balcony, open plan living/dining area, with floor to ceiling windows, a modern kitchen featuring market-leading Miele appliances, bathrooms finished to perfection with elegant fittings and contemporary design throughout. TThe Residence benefits from the brilliant selection of private amenities, including a 24 hour concierge, a media lounge, meeting suite, podium gardens, secure car park, yoga room and fully equipped fitness suite. The development is adjacent to the new US Embassy as well as a variety of local restaurants, supermarkets and other amenities.

Uniquely situated between Vauxhall Bridge and the new Battersea Power Station, Nine Elms is London’s newest and most exciting district. As the last piece of the jigsaw in a master plan that has finally opened up this part of Central London, Nine Elms will be a state of the art destination for living, culture, green spaces, education, industry, work and entertainment.

Agent Details

JOHNS&CO, Nine Elms

020 3897 1908

Next Steps?

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