2 Bed Flat, Single Let, W1G 8PS, £1,600,000

Wheatley Street, Marylebone, W1G 8PSG - 2 views - 6 months ago

Leasehold

BTL

~68 m²

+6 photos

ValuationOvervalued

Sold Prices	£387K - £2.6M
Sold Prices/m²	£7.9K/m² - £24.1K/m²

Square Metres	~68.11 m²
Price/m²	£23.5K/m²
Value Estimate	£1,164,142£1,164,142

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£400,000£400,000
Stamp Duty & Legal Fees	£152,450£152,450
Total Cash In	£552,450£552,450

Cash Out
Rent Range	£2,950 - £7,367£2,950 - £7,367
Rent Estimate	£3,169
Running Costs/mo	£5,654£5,654
Cashflow/mo	£-2,485£-2,485
Cashflow/yr	£-29,818£-29,818
Gross Yield	2%2%

Local Sold Prices

51 sold prices from £387K to £2.6M, average is £1.0M. £7.9K/m² to £24.1K/m², average is £17.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.9M	02/23	0.01 mi	17, De Walden Street, London, Greater London W1G 8RW	£20,526	95	2	Flat
£2.6M	08/22	0.02 mi	2, Wheatley Street, London, Greater London W1G 8PS	£24,110	109	2	Flat
£1.7M	11/22	0.04 mi	2, De Walden Street, London, Greater London W1G 8RJ	£17,092	98	2	Flat
£940K	03/23	0.05 mi	Flat 12, Maybury Court, Marylebone Street, London, Greater London W1G 8JE	-	-	2	Flat
£1.2M	06/21	0.06 mi	Flat 15, Carisbrooke Court, Weymouth Street, London, Greater London W1G 8NZ	-	-	2	Flat
£1.6M	02/23	0.1 mi	Flat C, Regis House, 49, Beaumont Street, London, Greater London W1G 6DN	£20,192	78	2	Flat
£2.4M	12/22	0.11 mi	21a, Harley Place, London, Greater London W1G 8LZ	£22,170	106	2	Flat
£1.3M	10/22	0.12 mi	Flat A, 99, Devonshire Mews South, London, Greater London W1G 6QR	£17,708	72	2	Flat
£1.5M	11/20	0.17 mi	41, Weymouth Mews, London, Greater London W1G 7EG	£16,304	92	2	Flat
£1.6M	03/23	0.19 mi	Flat F, 30, Devonshire Place, London, Greater London W1G 6JH	£20,370	81	2	Flat
£1.1M	08/22	0.2 mi	Flat 32, Wendover Court, Chiltern Street, London, Greater London W1U 7NT	-	-	2	Flat
£805K	05/23	0.2 mi	Flat 2, Wendover Court, Chiltern Street, London, Greater London W1U 7NS	-	-	2	Flat
£1.1M	09/21	0.2 mi	Flat 100, Wendover Court, Chiltern Street, London, Greater London W1U 7NY	-	-	2	Flat
£1.6M	04/24	0.2 mi	Wendover Court, Flat 100, Chiltern Street, London, Greater London W1U 7NY	£21,333	75	2	Flat
£730K	12/20	0.2 mi	Flat 2, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£960K	12/20	0.2 mi	Flat 8, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£957.5K	03/21	0.2 mi	Flat 12, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£1.2M	07/22	0.23 mi	Flat 27, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ	-	-	2	Flat
£645K	10/23	0.29 mi	Flat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL	-	-	2	Flat
£1.8M	03/21	0.31 mi	68, Montagu Mansions, London, Greater London W1U 6LE	£10,261	175	2	Flat
£1.6M	06/21	0.31 mi	76, Montagu Mansions, London, Greater London W1U 6LE	£17,857	89	2	Flat
£1.3M	08/23	0.31 mi	51, Montagu Mansions, London, Greater London W1U 6LD	£16,211	81	2	Flat
£850K	10/23	0.31 mi	Flat B, 12, Montagu Row, London, Greater London W1U 6ED	-	-	2	Flat
£850K	06/22	0.34 mi	9, Montagu Mansions, London, Greater London W1U 6LB	£15,455	55	2	Flat
£840K	07/22	0.39 mi	Flat 19, Cavendish Buildings, Gilbert Street, London, Greater London W1K 5HH	-	-	2	Flat
£570K	06/21	0.39 mi	Front Basement Flat, 11, Montagu Square, London, Greater London W1H 2LD	-	-	2	Flat
£610K	03/23	0.4 mi	Second Floor Flat, 14, Crawford Street, London, Greater London W1H 1BP	-	-	2	Flat
£1.2M	01/21	0.41 mi	15, Montagu Mews North, London, Greater London W1H 2JR	£14,390	82	2	Flat
£735K	06/21	0.43 mi	Flat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE	-	-	2	Flat
£1.4M	09/23	0.44 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£1.4M	09/23	0.44 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£1.2M	01/23	0.45 mi	Flat 36, Chalfont Court, Baker Street, London, Greater London NW1 5RS	-	-	2	Flat
£1.6M	11/22	0.46 mi	20, Bryanston Mews East, London, Greater London W1H 2DB	£14,096	114	2	Flat
£645K	10/20	0.48 mi	Basement Flat, 22, Conway Street, London, Greater London W1T 6BF	-	-	2	Flat
£685K	01/21	0.5 mi	Flat 189, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AR	-	-	2	Flat
£520K	02/21	0.53 mi	Flat 14, Princess Court, Bryanston Place, London, Greater London W1H 2DF	-	-	2	Flat
£1.1M	06/21	0.53 mi	Flat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW	-	-	2	Flat
£780K	02/23	0.53 mi	Flat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL	-	-	2	Flat
£1.1M	04/23	0.54 mi	Flat 7, Bryan Court, Seymour Place, London, Greater London W1H 2NE	-	-	2	Flat
£975K	06/21	0.56 mi	Flat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH	-	-	2	Flat
£970K	06/23	0.56 mi	Flat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH	-	-	2	Flat
£750K	11/22	0.56 mi	Flat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA	-	-	2	Flat
£1.3M	03/23	0.56 mi	15, Great Cumberland Mews, London, Greater London W1H 7DZ	-	-	2	Flat
£800K	10/23	0.56 mi	Flat 1, Cumberland Court, Great Cumberland Place, London, Greater London W1H 7DP	-	-	2	Flat
£425K	02/21	0.57 mi	Flat 29, Swallowfield, Munster Square, London, Greater London NW1 3PJ	-	-	2	Flat
£675K	10/23	0.57 mi	3, Linhope Street, London, Greater London NW1 6ES	£7,941	85	2	Flat
£1.0M	04/23	0.58 mi	71c, Albany Street, London, Greater London NW1 4BT	-	-	2	Flat
£990K	09/22	0.61 mi	First And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX	-	-	2	Flat
£387K	01/21	0.61 mi	Flat 44, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£395K	11/21	0.61 mi	Flat 35, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£1.7M	06/21	0.62 mi	Upper Maisonette, 14, Bourdon Street, London, Greater London W1K 3PQ	-	-	2	Flat

Local Rents

50 rents from £3K/mo to £7.4K/mo, average is £3.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,950	12/24	0.03 mi	-	2	Flat
£3,900	10/24	0.04 mi	Weymouth Street	2	Flat
£6,283	10/24	0.04 mi	New Cavendish Street, Marylebone, London, W1G	2	Flat
£5,200	10/24	0.04 mi	59 Weymouth Street, London, W1G	2	Flat
£3,250	10/24	0.04 mi	Wesley Court, Weymouth Street, London, W1G	2	Flat
£3,250	10/24	0.05 mi	Maybury Court, London, W1G	2	Flat
£3,250	10/24	0.05 mi	-	2	Flat
£3,900	10/24	0.05 mi	Weymouth Street, Marylebone Village London W1	2	Flat
£4,658	10/24	0.06 mi	New Cavendish Street, Marylebone, London, W1G	2	Flat
£4,000	10/24	0.07 mi	-	2	Flat
£4,550	10/24	0.07 mi	-	2	Flat
£3,792	04/25	0.08 mi	-	2	Flat
£4,117	10/24	0.08 mi	Wimpole Mews, Marylebone, London, W1G	2	Flat
£3,500	10/24	0.08 mi	-	2	Flat
£3,200	10/24	0.11 mi	-	2	Flat
£3,467	10/24	0.13 mi	Ossington Buildings, Marylebone, London, W1U	2	Flat
£3,510	10/24	0.13 mi	Grotto Passage, London, W1U	2	Flat
£5,850	10/24	0.14 mi	Devonshire Street, London, W1G	2	Flat
£7,367	10/24	0.14 mi	Devonshire Street, London, W1G	2	Flat
£4,000	02/24	0.14 mi	-	2	Flat
£7,367	10/24	0.14 mi	Devonshire Street, London, W1G	2	Flat
£3,000	10/24	0.16 mi	-	2	Flat
£4,790	10/24	0.16 mi	Nottingham Place, London, W1U 5NB, UK	2	Flat
£4,333	10/24	0.16 mi	Nottingham Place, Marylebne, London, W1U	2	Flat
£4,117	10/24	0.16 mi	Cedar House, Marylebone, London, W1U	2	Flat
£5,525	10/24	0.17 mi	Welbeck Street, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.17 mi	Weymouth Mews, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.17 mi	Weymouth Mews, Marylebone, W1G	2	Flat
£5,525	10/24	0.17 mi	Welbeck Street, London, W1G	2	Flat
£3,683	10/24	0.17 mi	Weymouth Mews, London, W1G	2	Flat
£3,683	10/24	0.17 mi	Weymouth Mews, London, W1G	2	Flat
£3,200	10/24	0.18 mi	Thayer Street, Marylebone, London	2	Flat
£3,077	10/24	0.18 mi	-	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Maylebone, W1G	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, London	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.18 mi	-	2	Flat
£3,683	10/24	0.18 mi	-	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, W1G	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, W1G	2	Flat
£4,658	11/24	0.18 mi	-	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone W1G	2	Flat
£4,117	10/24	0.18 mi	Nottingham Place, Marylebone, London, W1U	2	Flat
£3,683	10/24	0.18 mi	Weymouth Mews, Marylebone, W1G	2	Flat
£3,683	10/24	0.19 mi	Weymouth Mews, Marylebone, W1G	2	Flat
£3,033	10/24	0.19 mi	Luxborough Street, Marylebone, London, W1U	2	Flat
£3,683	10/24	0.19 mi	Weymouth Mews, London W1	2	Flat
£3,684	10/24	0.19 mi	Weymouth Mews, Marylebone, London, W1G	2	Flat
£3,683	10/24	0.19 mi	Weymouth Mews, Marylebone, W1G	2	Flat

Local Area Statistics

Population in W1	29,38329,383
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-46%-46%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Listed for £1,600,000

October 31, 2024

Floor Plans

Description

2 bedrooms +
1 reception room +
2 bathrooms +
Communal Garden +
Town/City +

This stylish home offers an excellent layout. It comprises two spacious bedrooms and two bathrooms on the lower ground floor and a bright, double reception and dining room, and a separate, fully fitted kitchen on the ground floor. The property further benefits from its own private entrance, large windows and wood flooring.

Wheatley Street is ideally located for the boutique shops and restaurants of Marylebone Village and the greenery of Regent's Park. Excellent transport links from Baker Street and Marylebone stations make it easy to get around London.

Agent Details

Knight Frank, Marylebone

020 3869 5616

Next Steps?

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

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