2 Bed Flat, Single Let, London, SW1W 0AJ, £1,700,000

The Nova Building, London, SW1W 0AJ - 5 months ago

Leasehold

BTL

~87 m²

+5 photos

ValuationOvervalued

Sold Prices	£475K - £7.8M
Sold Prices/m²	£8.6K/m² - £31.4K/m²

Square Metres	~86.68 m²
Price/m²	£19.6K/m²
Value Estimate	£1,161,795£1,161,795

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£425,000£425,000
Stamp Duty & Legal Fees	£203,950£203,950
Total Cash In	£628,950£628,950

Cash Out
Rent Range	£1,900 - £8,017£1,900 - £8,017
Rent Estimate	£2,308
Running Costs/mo	£5,794£5,794
Cashflow/mo	£-3,486£-3,486
Cashflow/yr	£-41,833£-41,833
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £475K to £7.8M, average is £811.6K. £8.6K/m² to £31.4K/m², average is £13.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£800K	06/21	0.14 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£800K	06/21	0.15 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£645K	12/20	0.32 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£796.2K	03/21	0.34 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£830K	03/21	0.36 mi	55c, Greencoat Place, London, Greater London SW1P 1DS	£12,576	66	2	Flat
£810K	05/23	0.37 mi	Flat 9, Christchurch House, Caxton Street, London, Greater London SW1H 0PX	-	-	2	Flat
£2.4M	12/22	0.38 mi	Third And Fourth Floor Maisonette, 54, Eaton Place, London, Greater London SW1X 8AL	-	-	2	Flat
£570K	06/23	0.39 mi	Flat 2, Albany Court, Palmer Street, London, Greater London SW1H 0AA	-	-	2	Flat
£1.5M	09/21	0.4 mi	Flat 113, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HX	-	-	2	Flat
£1.1M	06/21	0.4 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.1M	06/21	0.41 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.0M	03/21	0.41 mi	Flat 73, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.3M	09/23	0.45 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£475K	02/23	0.45 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£675K	02/23	0.46 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£625K	01/24	0.46 mi	Semley House, Flat 43, Semley Place, London, Greater London SW1W 9QJ	£8,562	73	2	Flat
£560K	06/23	0.46 mi	Flat 37, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£685K	06/21	0.47 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£590K	11/20	0.47 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£1.1M	10/20	0.48 mi	Flat G, 23, Warwick Square, London, Greater London SW1V 2AB	£10,942	105	2	Flat
£950K	06/21	0.49 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat
£750K	04/23	0.5 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£4.3M	04/23	0.5 mi	Basement And Ground Floor Premises, 100, Eaton Place, London, Greater London SW1X 8LW	-	-	2	Flat
£1.1M	06/21	0.51 mi	Second And Third Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	-	-	2	Flat
£813.3K	09/23	0.51 mi	First Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	£24,644	33	2	Flat
£540K	03/23	0.52 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£925K	04/21	0.52 mi	9a, Gloucester Street, London, Greater London SW1V 2DB	£13,214	70	2	Flat
£725K	06/21	0.53 mi	Flat 3, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£3.5M	03/21	0.53 mi	Ground Floor Flat, 42, Wilton Crescent, London, Greater London SW1X 8RX	£22,903	155	2	Flat
£700K	01/23	0.53 mi	Flat 49, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£3.4M	07/23	0.54 mi	32a, Grosvenor Crescent Mews, London, Greater London SW1X 7EX	£31,368	108	2	Flat
£1.2M	03/21	0.54 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£1.4M	01/22	0.55 mi	1, Catherine Wheel Yard, London, Greater London SW1A 1DR	£13,592	103	2	Flat
£650K	11/21	0.56 mi	Flat 8, Vincent House, Regency Street, London, Greater London SW1P 4BX	-	-	2	Flat
£513.5K	03/21	0.57 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£513.5K	03/21	0.57 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£520K	04/21	0.57 mi	Flat 52, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£860K	04/21	0.58 mi	118a, Cambridge Street, London, Greater London SW1V 4QF	£12,647	68	2	Flat
£660K	06/23	0.58 mi	Basement Flat, 9, Cumberland Street, London, Greater London SW1V 4LS	-	-	2	Flat
£760K	09/23	0.58 mi	Ground Floor Flat, 110, Cambridge Street, London, Greater London SW1V 4QF	£17,273	44	2	Flat
£1.3M	04/23	0.58 mi	Second And Third Floor Maisonette, 110, Cambridge Street, London, Greater London SW1V 4QF	-	-	2	Flat
£1.4M	05/21	0.59 mi	Flat 14, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	2	Flat
£1.6M	06/21	0.59 mi	Flat 20, Greville House, Kinnerton Street, London, Greater London SW1X 8EY	-	-	2	Flat
£1.2M	10/23	0.59 mi	Greville House, Flat 23, Kinnerton Street, London, Greater London SW1X 8EY	£14,464	84	2	Flat
£728K	10/23	0.59 mi	Flat 2, Clarion House, Moreton Place, London, Greater London SW1V 2NN	-	-	2	Flat
£830K	05/23	0.59 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat
£580K	01/21	0.59 mi	Flat 48, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£530K	04/21	0.59 mi	Flat 35, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£7.8M	03/21	0.6 mi	15, Wilton Place, London, Greater London SW1X 8RL	£22,238	353	2	Flat
£1.1M	06/21	0.6 mi	Flat 102, Carrington House, Hertford Street, London, Greater London W1J 7RG	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £8K/mo, average is £4.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£6,000	09/24	0.02 mi	Nova Building, 75 Buckingham Palace Road, Victoria	2	Flat
£6,283	09/24	0.02 mi	Buckingham Palace Road, London, SW1W	2	Flat
£6,283	09/24	0.03 mi	The Nova Building, 79 Buckingham Palace Road, Victoria, London, SW1W	2	Flat
£6,283	09/24	0.04 mi	Nova, 79 Buckingham Palace Road, Westminster, London, SW1W	2	Flat
£6,717	09/24	0.04 mi	Flat C2.03, The Nova Building, 83 Buckingham Palace Road, Victoria, London, SW1W	2	Flat
£2,340	04/25	0.05 mi	-	2	Flat
£6,825	09/24	0.09 mi	Grosvenor Gardens, Belgravia, London, SW1W	2	Flat
£6,825	09/24	0.11 mi	Grosvenor Gardens, Belgravia, London, SW1W	2	Flat
£6,608	09/24	0.11 mi	Grosvenor Gardens, London, SW1W	2	Flat
£5,200	09/24	0.11 mi	Palace Place, Westminster, London, SW1E	2	Flat
£6,608	09/24	0.12 mi	Grosvenor Gardens, London	2	Flat
£3,250	09/24	0.14 mi	Palace Street, Westminster, London, SW1E	2	Flat
£5,000	02/24	0.15 mi	-	2	Flat
£4,983	09/24	0.15 mi	Palace Street, London	2	Flat
£4,350	09/24	0.15 mi	-	2	Flat
£4,350	09/24	0.15 mi	The View, Westminster, SW1E	2	Flat
£2,899	09/24	0.17 mi	Central Tower, Victoria , London, SW1V	2	Flat
£3,300	03/25	0.17 mi	-	2	Flat
£8,017	09/24	0.18 mi	Lower Belgrave Street, Belgravia, SW1W	2	Flat
£3,950	03/25	0.19 mi	-	2	Flat
£4,950	04/25	0.19 mi	-	2	Flat
£3,575	09/24	0.2 mi	The View, 20 Palace Street, Westminster, London, SW1E	2	Flat
£2,950	04/25	0.2 mi	-	2	Flat
£6,500	09/24	0.21 mi	Buckingham Gate, St. James's, London, SW1E	2	Flat
£3,700	09/24	0.21 mi	-	2	Flat
£4,330	09/24	0.21 mi	-	2	Flat
£4,500	11/24	0.21 mi	-	2	Flat
£4,000	10/24	0.21 mi	-	2	Flat
£4,330	11/24	0.21 mi	-	2	Flat
£4,000	01/25	0.21 mi	-	2	Flat
£4,000	12/24	0.21 mi	-	2	Flat
£3,900	12/24	0.21 mi	-	2	Flat
£4,000	03/25	0.21 mi	-	2	Flat
£3,700	09/24	0.21 mi	Bridge Place, London, SW1V	2	Flat
£5,870	09/24	0.21 mi	-	2	Flat
£1,900	11/24	0.21 mi	-	2	Flat
£6,478	09/24	0.22 mi	Ebury Street, London, SW1W	2	Flat
£4,502	09/24	0.23 mi	Ebury Street, Belgravia, London, SW1W	2	Flat
£4,502	09/24	0.23 mi	Ebury Street, London, SW1W	2	Flat
£3,878	09/24	0.23 mi	Ebury Street, Belgravia, London, SW1W	2	Flat
£5,200	09/24	0.23 mi	Ebury Street, Belgravia, SW1W	2	Flat
£5,200	09/24	0.23 mi	Ebury Street London SW1W	2	Flat
£3,900	01/25	0.24 mi	-	2	Flat
£3,900	04/25	0.24 mi	-	2	Flat
£2,795	09/24	0.24 mi	-	2	Flat
£4,100	12/24	0.24 mi	-	2	Flat
£2,297	09/24	0.25 mi	Vauxhall Bridge Road, Westminster, London, SW1V	2	Flat
£2,500	09/24	0.25 mi	Ashley Mansions, 254 Vauxhall Bridge Road, SW1V	2	Flat
£5,633	09/24	0.26 mi	1 Kings Gate Walk, London, SW1E	2	Flat
£2,600	09/24	0.26 mi	Gillingham Street, Pimlico, London, SW1V	2	Flat

Local Area Statistics

Population in SW1W	7,7767,776
Population in London	4,771,9214,771,921
Town centre distance	2.67 miles away2.67 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.17 miles away0.17 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-23%-23%

Property History

Price changed to £1,700,000

March 20, 2025

Price changed to £1,800,000

December 12, 2024

Listed for £1,850,000

October 29, 2024

Floor Plans

Description

Two Juliet Balconies +
Lift +
Underground Parking +
Residents' Lounge/Business Suite +
24 Hour Concierge +
Cinema +
Gymnasium +
Communal Roof Garden +

Located in the Nova Building, SW1, this eighth-floor, two-bedroom apartment offers modern amenities and views over Buckingham Palace and the Royal Parks. The accommodation includes a principal bedroom with an en-suite bathroom, a second bedroom, a separate bathroom, and a reception area with an open-plan kitchen. The apartment also features two Juliet balconies and secure lift access with a fob system, ensuring floor-specific entry for added security.

Residents of The Nova Building enjoy access to exclusive facilities, including a 24-hour concierge service, a cinema, a lounge/business suite, a gymnasium, and a communal roof garden. The property includes underground parking for one car, providing added convenience in this central London location.

Ideally located in the heart of Victoria, The Nova Building offers immediate access to fine dining, exclusive delicatessens, and cultural landmarks, including Tate Britain and Westminster Abbey. London's iconic Royal Parks are a short walk away, with excellent transport links to business districts and Gatwick Airport.

Agent Details

Beauchamp Estates Ltd, Mayfair - Resale

020 3910 6582

Next Steps?

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

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