2 Bed Flat, Single Let, London, SW1P 1RR, £1,250,000

Westminster Palace Gardens, Artillery Row, SW1P 1RRP - 1 views - 4 months ago

BTL

~105 m²

+8 photos

ValuationUndervalued

Sold Prices	£495K - £1.5M
Sold Prices/m²	£8.6K/m² - £18.1K/m²

Square Metres	~105.34 m²
Price/m²	£11.9K/m²
Value Estimate	£1,329,290£1,329,290
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£312,500£312,500
Stamp Duty & Legal Fees	£104,950£104,950
Total Cash In	£417,450£417,450

Cash Out
Rent Range	£2,700 - £7,042£2,700 - £7,042
Rent Estimate	£2,738
Running Costs/mo	£4,474£4,474
Cashflow/mo	£-1,736£-1,736
Cashflow/yr	£-20,830£-20,830
Gross Yield	3%3%

Local Sold Prices

51 sold prices from £495K to £1.5M, average is £720K. £8.6K/m² to £18.1K/m², average is £12.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	03/21	0.03 mi	Flat 73, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.1M	06/21	0.03 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.5M	09/21	0.03 mi	Flat 113, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HX	-	-	2	Flat
£1.1M	06/21	0.03 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£810K	05/23	0.08 mi	Flat 9, Christchurch House, Caxton Street, London, Greater London SW1H 0PX	-	-	2	Flat
£725K	06/21	0.15 mi	Flat 3, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£700K	01/23	0.15 mi	Flat 49, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£570K	06/23	0.16 mi	Flat 2, Albany Court, Palmer Street, London, Greater London SW1H 0AA	-	-	2	Flat
£830K	03/21	0.19 mi	55c, Greencoat Place, London, Greater London SW1P 1DS	£12,576	66	2	Flat
£650K	11/21	0.23 mi	Flat 8, Vincent House, Regency Street, London, Greater London SW1P 4BX	-	-	2	Flat
£495K	10/20	0.26 mi	Flat 29, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	2	Flat
£513.5K	03/21	0.27 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£513.5K	03/21	0.27 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£520K	04/21	0.27 mi	Flat 52, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£580K	01/21	0.28 mi	Flat 48, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£530K	04/21	0.28 mi	Flat 35, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£850K	12/20	0.29 mi	Flat 2, Tufton Court, Tufton Street, London, Greater London SW1P 3QH	-	-	2	Flat
£596K	04/23	0.29 mi	Flat 67, Bennett House, Page Street, London, Greater London SW1P 4EU	-	-	2	Flat
£530K	04/23	0.29 mi	Flat 36, Bennett House, Page Street, London, Greater London SW1P 4ET	-	-	2	Flat
£755K	12/22	0.3 mi	Flat 23, Tufton Court, Tufton Street, London, Greater London SW1P 3QH	-	-	2	Flat
£575K	06/21	0.3 mi	Flat 27, Probyn House, Page Street, London, Greater London SW1P 4BG	£9,583	60	2	Flat
£800K	06/21	0.31 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£800K	06/21	0.31 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£1.2M	03/21	0.32 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£695K	06/21	0.34 mi	Flat 44, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£665K	12/22	0.34 mi	Flat 5, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£725K	06/23	0.34 mi	Flat 50, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£660K	11/23	0.34 mi	Flat 8, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£720K	05/21	0.36 mi	Flat 11, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£1.1M	06/21	0.37 mi	Flat 57, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£780K	09/23	0.37 mi	Flat 40, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£1.3M	01/24	0.37 mi	Westminster Gardens, Flat 12, Marsham Street, London, Greater London SW1P 4JA	£12,619	105	2	Flat
£590K	11/20	0.38 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£685K	06/21	0.38 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£860K	08/23	0.38 mi	Flat 1, Dolben Court, Montaigne Close, London, Greater London SW1P 4BB	-	-	2	Flat
£1.4M	06/23	0.38 mi	Flat 47, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	2	Flat
£540K	03/23	0.38 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£940K	08/21	0.4 mi	Flat 16, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	2	Flat
£637.5K	01/21	0.43 mi	Flat 19, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£645K	06/23	0.43 mi	Flat 27, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£662.5K	07/23	0.43 mi	Flat 14, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£662.5K	07/23	0.43 mi	Flat 14, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£720K	12/22	0.43 mi	Flat 15, Morland House, Marsham Street, London, Greater London SW1P 4JQ	-	-	2	Flat
£645K	06/21	0.46 mi	Flat 9, Middleton House, Causton Street, London, Greater London SW1P 4AS	-	-	2	Flat
£800K	01/23	0.48 mi	Flat 36, Lawrence House, Cureton Street, London, Greater London SW1P 4ED	-	-	2	Flat
£712.5K	11/20	0.48 mi	Flat 6, Landseer House, Cureton Street, London, Greater London SW1P 4EB	-	-	2	Flat
£710K	03/21	0.48 mi	Flat 3, Landseer House, Cureton Street, London, Greater London SW1P 4EB	-	-	2	Flat
£750K	04/23	0.49 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£1.3M	09/23	0.5 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£796.2K	03/21	0.51 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£830K	05/23	0.51 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat

Local Rents

50 rents from £2.7K/mo to £7K/mo, average is £4.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£6,933	09/24	0.01 mi	Artillery Row, Westminster, SW1P	2	Flat
£3,848	09/24	0.02 mi	Artillery Row, London	2	Flat
£4,996	09/24	0.04 mi	Artillery Mansions, 75 Victoria Street, Westminster, SW1P	2	Flat
£6,283	09/24	0.04 mi	Artillery Row, London, SW1P	2	Flat
£6,283	09/24	0.04 mi	Artillery Row, London, SW1P	2	Flat
£6,283	09/24	0.04 mi	Artillery Row, Westminster, London, SW1P	2	Flat
£6,283	09/24	0.04 mi	Artillery Row, Westminster, SW1P	2	Flat
£6,283	09/24	0.04 mi	8 Artillery Row, Victoria, London	2	Flat
£4,000	02/24	0.05 mi	-	2	Flat
£4,500	09/24	0.05 mi	-	2	Flat
£4,500	09/24	0.05 mi	Artillery Row, London, SW1P	2	Flat
£3,500	09/24	0.05 mi	Artillery Row, London, SW1P	2	Flat
£5,500	09/24	0.05 mi	-	2	Flat
£2,700	03/25	0.06 mi	-	2	Flat
£3,000	09/24	0.08 mi	-	2	Flat
£5,958	09/24	0.08 mi	Buckingham Gate, Westminster, SW1E	2	Flat
£7,042	09/24	0.08 mi	Buckingham Gate, Westminster, SW1E	2	Flat
£5,500	11/24	0.08 mi	-	2	Flat
£6,000	01/25	0.08 mi	-	2	Flat
£5,950	04/25	0.08 mi	-	2	Flat
£5,950	03/25	0.08 mi	-	2	Flat
£3,250	09/24	0.08 mi	Christchurch House, Caxton Street, Westminster, London, SW1H	2	Flat
£4,745	09/24	0.1 mi	Luke House, Abbey Orchard Street	2	Flat
£3,400	10/24	0.11 mi	-	2	Flat
£5,200	09/24	0.12 mi	Abbey Orchard Street, Strutton Ground, SW1P	2	Flat
£5,200	09/24	0.12 mi	10 Abbey Orchard Street, Westminster, London	2	Flat
£5,200	09/24	0.12 mi	Abbey Orchard Street, Westminster, London, SW1P	2	Flat
£4,117	02/25	0.12 mi	-	2	Flat
£5,000	09/24	0.13 mi	Chimes Apartments, Westminster London	2	Flat
£5,000	09/24	0.13 mi	Chimes Apartments, Westminster, London	2	Flat
£5,633	09/24	0.13 mi	1 Kings Gate Walk, London, SW1E	2	Flat
£4,745	09/24	0.14 mi	Abbey Orchard Street, London	2	Flat
£4,550	09/24	0.14 mi	St Ann's Street	2	Flat
£4,745	09/24	0.14 mi	Luke House, Abbey Orchard Street, Westminster	2	Flat
£4,745	09/24	0.14 mi	Luke House, SW1P	2	Flat
£4,333	09/24	0.14 mi	Luke House, Abbey Orchard Street, SW1P	2	Flat
£3,850	09/24	0.15 mi	Great Peter Street, Westminster, SW1P	2	Flat
£4,767	09/24	0.15 mi	Thirleby Road, Westminster, London, SW1P	2	Flat
£4,767	09/24	0.15 mi	Thirleby Road, Victoria, London	2	Flat
£3,200	10/24	0.16 mi	-	2	Flat
£3,250	09/24	0.16 mi	Ormond House, Medway Street, Westminster, SW1P, SW1P	2	Flat
£4,767	09/24	0.16 mi	Ashley Gardens, Westminster	2	Flat
£5,200	09/24	0.16 mi	Ashley Gardens, Westminster	2	Flat
£2,700	01/25	0.17 mi	-	2	Flat
£4,550	09/24	0.17 mi	Wellington House, 70 Buckingham Gate, Westminster, London, SW1E	2	Flat
£3,250	09/24	0.18 mi	-	2	Flat
£3,900	10/24	0.19 mi	-	2	Flat
£3,900	02/25	0.19 mi	-	2	Flat
£3,683	09/24	0.19 mi	Vestry Court, 5 Monck Street, Westminster, London, SW1P	2	Flat
£4,550	09/24	0.19 mi	-	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Town centre distance	2.48 miles away2.48 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.16 miles away0.16 miles away

Rental demand	Landlord's marketLandlord's market
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-21%-21%

Property History

Listed for £1,250,000

November 28, 2024

Floor Plans

Description

A Very Spacious Lateral First Floor Apartment +
Two Double Bedrooms, Two Bathrooms +
A Generous Reception / Dining Room +
Semi Open Plan Modern Kitchen +
Lift Access and Concierge +
Share of Freehold +
No Onward Chain +

A very well presented, laterally spacious First floor apartment with lift spanning 1,134 square feet, located within one of Westminster premium Mansion blocks.

The property which was completely renovated in 2012 comprises a generous reception / dining room, a very well equipped semi open plan kitchen with integrated appliances, an ample master bedroom with walk in wardrobe and an en-suite bathroom, a second double bedroom and a family bathroom.

The property further benefits from wooden flooring, concierge / porter, lift access, Share of Freehold and is offered with no onward chain.

Westminster Palace Gardens is conveniently located for the shops, cafes and restaurants of Westminster and St James's Park as well as a number of London's most famous landmarks. The transport links can be found at St James's Park (Circle and District line) and Westminster (Jubilee, Circle and District line).

Selling your property in Westminster Palace Gardens? Trying to find your perfect home to buy? Register with Chestertons Westminster to get the full picture from the experts in the Strutton Ground market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (Chestertons-NHsales)

Agent Details

Chestertons, Westminster & Pimlico

020 3872 3458

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Local Rents