2 Bed Terraced House, Single Let, London, SW1W 0AJ, £2,299,999

Nova, 75 Buckingham Palace Road, Westminster, London, SW1W 0AJ - 5 months ago

Leasehold

BTL

~104 m²

+8 photos

ValuationUndervalued

Sold Prices	£850K - £23.5M
Sold Prices/m²	£9.5K/m² - £42.8K/m²

Square Metres	~104.46 m²
Price/m²	£22K/m²
Value Estimate	£2,627,620£2,627,620
BMV	14%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£575,000£575,000
Stamp Duty & Legal Fees	£257,450£257,450
Total Cash In	£832,450£832,450

Cash Out
Rent Range	£1,900 - £8,017£1,900 - £8,017
Rent Estimate	£2,399
Running Costs/mo	£7,687£7,687
Cashflow/mo	£-5,288£-5,288
Cashflow/yr	£-63,460£-63,460
Gross Yield	1%1%

Local Sold Prices

33 sold prices from £850K to £23.5M, average is £2.6M. £9.5K/m² to £42.8K/m², average is £25.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£2.8M	03/21	0.16 mi	37, Lower Belgrave Street, London, Greater London SW1W 0LS	£17,610	159	2	Terraced House
£2.8M	03/21	0.18 mi	37, Lower Belgrave Street, London, Greater London SW1W 0LS	£17,610	159	2	Terraced House
£3.5M	03/21	0.24 mi	22, Eaton Mews South, London, Greater London SW1W 9HP	£23,510	151	2	Terraced House
£2.2M	04/21	0.31 mi	48, Ebury Mews, London, Greater London SW1W 9NY	£25,460	87	2	Terraced House
£1.9M	04/21	0.34 mi	28, Groom Place, London, Greater London SW1X 7BA	£20,430	93	2	Terraced House
£2.5M	01/23	0.39 mi	17, Eaton Mews North, London, Greater London SW1X 8AR	£31,013	79	2	Terraced House
£2.5M	01/21	0.41 mi	50a, Eaton Square, London, Greater London SW1W 9BE	£11,951	205	2	Terraced House
£955.2K	08/22	0.49 mi	93a, Winchester Street, London, Greater London SW1V 4NX	£9,457	101	2	Terraced House
£1.5M	11/23	0.5 mi	3, Maunsel Street, London, Greater London SW1P 2QL	£14,225	102	2	Terraced House
£23.5M	11/23	0.51 mi	3, Grosvenor Crescent, London, Greater London SW1X 7EE	£23,666	993	2	Terraced House
£2.5M	06/22	0.55 mi	15, Caroline Terrace, London, Greater London SW1W 8JT	£42,832	57	2	Terraced House
£2.5M	06/21	0.55 mi	1a, Caroline Terrace, London, Greater London SW1W 8JS	-	-	2	Terraced House
£3.4M	08/21	0.55 mi	70, Cadogan Lane, London, Greater London SW1X 9DY	£35,895	95	2	Terraced House
£4.1M	05/21	0.56 mi	14, Grosvenor Crescent Mews, London, Greater London SW1X 7EU	£25,309	162	2	Terraced House
£2.6M	03/23	0.56 mi	50, Cadogan Lane, London, Greater London SW1X 9DX	£21,721	122	2	Terraced House
£2.9M	06/21	0.56 mi	21, Ranelagh Grove, London, Greater London SW1W 8PA	£20,139	144	2	Terraced House
£1.4M	11/23	0.57 mi	28, Old Barrack Yard, London, Greater London SW1X 7NP	£24,855	55	2	Terraced House
£1.8M	11/23	0.6 mi	42, Kinnerton Street, London, Greater London SW1X 8ES	£27,422	66	2	Terraced House
£930K	05/22	0.6 mi	68d, Denbigh Street, London, Greater London SW1V 2EX	-	-	2	Terraced House
£2.6M	10/23	0.64 mi	55, Kinnerton Street, London, Greater London SW1X 8ED	£30,809	84	2	Terraced House
£850K	08/21	0.64 mi	3, Moreton Terrace Mews South, London, Greater London SW1V 2NU	-	-	2	Terraced House
£1.8M	03/22	0.67 mi	8, Kinnerton Place North, London, Greater London SW1X 8EJ	£21,829	82	2	Terraced House
£3.1M	04/23	0.68 mi	108, Pavilion Road, London, Greater London SW1X 0AX	£39,264	79	2	Terraced House
£3.1M	08/21	0.72 mi	15, Lord North Street, London, Greater London SW1P 3LD	-	-	2	Terraced House
£3.1M	08/21	0.72 mi	15, Lord North Street, London, Greater London SW1P 3LD	-	-	2	Terraced House
£1.9M	09/22	0.82 mi	28, Ponsonby Terrace, London, Greater London SW1P 4QA	-	-	2	Terraced House
£2.5M	03/21	0.82 mi	1a, Moore Street, London, Greater London SW3 2QN	-	-	2	Terraced House
£3.4M	07/23	0.91 mi	10, Hasker Street, London, Greater London SW3 2LG	£25,573	131	2	Terraced House
£3.4M	07/23	0.91 mi	10, Hasker Street, London, Greater London SW3 2LG	£25,573	131	2	Terraced House
£4.3M	08/22	0.94 mi	36, Belgrave Mews North, London, Greater London SW1X 8RS	-	-	2	Terraced House
£3.4M	06/21	0.94 mi	36, First Street, London, Greater London SW3 2LD	£29,961	113	2	Terraced House
£3.0M	08/23	0.99 mi	3, Markham Place, London, Greater London SW3 3JX	£40,301	74	2	Terraced House
£3.0M	08/23	0.99 mi	3, Markham Place, London, Greater London SW3 3JX	£40,301	74	2	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£6,283	09/24	0.02 mi	Nova, 79 Buckingham Palace Road, Westminster, London, SW1W	2	Flat
£6,717	09/24	0.02 mi	Flat C2.03, The Nova Building, 83 Buckingham Palace Road, Victoria, London, SW1W	2	Flat
£6,283	09/24	0.03 mi	Buckingham Palace Road, London, SW1W	2	Flat
£6,000	09/24	0.04 mi	Nova Building, 75 Buckingham Palace Road, Victoria	2	Flat
£6,283	09/24	0.05 mi	The Nova Building, 79 Buckingham Palace Road, Victoria, London, SW1W	2	Flat
£2,340	04/25	0.07 mi	-	2	Flat
£6,825	09/24	0.1 mi	Grosvenor Gardens, Belgravia, London, SW1W	2	Flat
£6,608	09/24	0.12 mi	Grosvenor Gardens, London, SW1W	2	Flat
£6,825	09/24	0.12 mi	Grosvenor Gardens, Belgravia, London, SW1W	2	Flat
£6,608	09/24	0.13 mi	Grosvenor Gardens, London	2	Flat
£2,899	09/24	0.14 mi	Central Tower, Victoria , London, SW1V	2	Flat
£5,200	09/24	0.15 mi	Palace Place, Westminster, London, SW1E	2	Flat
£3,250	09/24	0.15 mi	Palace Street, Westminster, London, SW1E	2	Flat
£3,300	03/25	0.15 mi	-	2	Flat
£3,950	03/25	0.17 mi	-	2	Flat
£4,950	04/25	0.17 mi	-	2	Flat
£8,017	09/24	0.17 mi	Lower Belgrave Street, Belgravia, SW1W	2	Flat
£5,000	02/24	0.17 mi	-	2	Flat
£4,983	09/24	0.17 mi	Palace Street, London	2	Flat
£2,950	04/25	0.17 mi	-	2	Flat
£4,350	09/24	0.17 mi	-	2	Flat
£4,350	09/24	0.17 mi	The View, Westminster, SW1E	2	Flat
£3,700	09/24	0.17 mi	-	2	Flat
£4,330	09/24	0.17 mi	-	2	Flat
£4,500	11/24	0.17 mi	-	2	Flat
£4,000	10/24	0.17 mi	-	2	Flat
£4,330	11/24	0.17 mi	-	2	Flat
£4,000	01/25	0.17 mi	-	2	Flat
£4,000	12/24	0.17 mi	-	2	Flat
£3,900	12/24	0.17 mi	-	2	Flat
£4,000	03/25	0.17 mi	-	2	Flat
£3,700	09/24	0.17 mi	Bridge Place, London, SW1V	2	Flat
£6,478	09/24	0.19 mi	Ebury Street, London, SW1W	2	Flat
£3,900	01/25	0.2 mi	-	2	Flat
£4,502	09/24	0.2 mi	Ebury Street, London, SW1W	2	Flat
£5,200	09/24	0.2 mi	Ebury Street, Belgravia, SW1W	2	Flat
£5,200	09/24	0.2 mi	Ebury Street London SW1W	2	Flat
£4,502	09/24	0.2 mi	Ebury Street, Belgravia, London, SW1W	2	Flat
£3,900	04/25	0.2 mi	-	2	Flat
£3,878	09/24	0.2 mi	Ebury Street, Belgravia, London, SW1W	2	Flat
£2,795	09/24	0.21 mi	-	2	Flat
£2,297	09/24	0.22 mi	Vauxhall Bridge Road, Westminster, London, SW1V	2	Flat
£2,500	09/24	0.22 mi	Ashley Mansions, 254 Vauxhall Bridge Road, SW1V	2	Flat
£3,575	09/24	0.22 mi	The View, 20 Palace Street, Westminster, London, SW1E	2	Flat
£2,600	09/24	0.22 mi	Gillingham Street, Pimlico, London, SW1V	2	Flat
£6,283	09/24	0.23 mi	Eccleston Street, Belgravia, London, SW1W	2	Flat
£5,870	09/24	0.23 mi	-	2	Flat
£1,900	11/24	0.23 mi	-	2	Flat
£2,752	09/24	0.24 mi	The Hansom Building, 4 Bridge Place, Victoria	2	Flat
£3,150	09/24	0.24 mi	Gillingham Street, Pimlico, SW1V	2	Flat

Local Area Statistics

Population in SW1W	7,7767,776
Population in London	4,771,9214,771,921
Town centre distance	2.70 miles away2.70 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.13 miles away0.13 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 £2,299,999

January 19, 2025

Listed for £2,480,000

November 22, 2024

Floor Plans

Description

2 bedrooms +
2 bathrooms +
Residents' gym, cinema and conference room. +
Communal roof terrace with stunning views +
24/7 concierge +
Under floor heating and comfort cooling +
EPC Rating = B +

Impressive two bedroom apartment in the highly desirable Nova building.

Description

This beautiful modern apartment is a fantastic example of contemporary design having been developed to an impeccable standard throughout. Set on the 4th floor of this incredible building, the apartment neatly fuses its sleek and stylish design with contemporary fixtures and fittings; featuring dark oak flooring, marble floor tiles (bathrooms), tactile stone worktops, wine fridge (kitchen), under floor heating and comfort cooling. The property comprises: two bedrooms, two bathrooms (one en suite), fully-fitted open plan kitchen, reception with solid wooden floor. Nova has a 24/7 concierge and features a residents' roof garden, gym, meeting room and cinema.

Please note, photos were taken prior to the current tenancy.

Location

Nova is located to the south of St James’s Park and west of Belgravia. This area contains some of London's most iconic landmarks, including Buckingham Palace, Westminster Cathedral and the Houses of Parliament.

Local parklands include: St James's Park (approx) 0.2 miles.

Transport Links include:
Circle & District Lines, Victoria line and mainline rail services (Victoria): approx 0.1 miles.

Square Footage: 1,124 sq ft
Leasehold with approximately 986 years remaining.

Additional Info

Please note, the figure shown for the service charge is approximate.

Agent Details

Savills, Westminster

020 3834 8661

Next Steps?

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

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2 Bed Terraced House, Single Let, London, SW1W 0AJ, £2,299,999

ValuationUndervalued

CashflowsOpen in Analyser

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

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