2 Bed Flat, Single Let, London, SE1 2RY, £890,000

Duchess Walk, Tower Bridge, SE1 2RY - 1 views - 4 months ago

Leasehold

BTL

~75 m²

+6 photos

ValuationUndervalued

Sold Prices	£490K - £4.5M
Sold Prices/m²	£9.4K/m² - £18.3K/m²

Square Metres	~74.60 m²
Price/m²	£11.9K/m²
Value Estimate	£989,385£989,385
BMV	11%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£222,500£222,500
Stamp Duty & Legal Fees	£59,900£59,900
Total Cash In	£282,400£282,400

Cash Out
Rent Range	£2,300 - £32,500£2,300 - £32,500
Rent Estimate	£2,958
Running Costs/mo	£3,393£3,393
Cashflow/mo	£-435£-435
Cashflow/yr	£-5,218£-5,218
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £490K to £4.5M, average is £830K. £9.4K/m² to £18.3K/m², average is £13.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£930K	01/22	0.26 mi	44b, Bedford Street, London, Greater London WC2E 9HA	£12,933	72	2	Flat
£650K	06/21	0.53 mi	Flat 9, Beaumont Buildings, Martlett Court, London, Greater London WC2B 5SF	-	-	2	Flat
£4.5M	12/20	0.55 mi	A13, Albany, London, Greater London W1J 0AL	-	-	2	Flat
£1.4M	01/22	0.55 mi	1, Catherine Wheel Yard, London, Greater London SW1A 1DR	£13,592	103	2	Flat
£580K	03/21	0.55 mi	Apartment 208, East Block, Forum Magnum Square, London, Greater London SE1 7GN	-	-	2	Flat
£730K	12/23	0.63 mi	Flat 2, Goldsmith Court, Stukeley Street, London, Greater London WC2B 5LF	-	-	2	Flat
£570K	06/23	0.64 mi	Flat 2, Albany Court, Palmer Street, London, Greater London SW1H 0AA	-	-	2	Flat
£810K	05/23	0.7 mi	Flat 9, Christchurch House, Caxton Street, London, Greater London SW1H 0PX	-	-	2	Flat
£640K	03/23	0.72 mi	Flat 22, Stedham Chambers, Coptic Street, London, Greater London WC1A 1NJ	-	-	2	Flat
£2.3M	08/22	0.73 mi	Flat 112, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AG	-	-	2	Flat
£1.4M	06/23	0.74 mi	Flat 71, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AD	-	-	2	Flat
£1.5M	09/21	0.74 mi	Flat 113, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HX	-	-	2	Flat
£600K	02/23	0.74 mi	105a, Stamford Street, London, Greater London SE1 9NN	-	-	2	Flat
£1.3M	03/24	0.74 mi	Bedford Court Mansions, Flat 95b, Bedford Avenue, London, Greater London WC1B 3AE	£18,275	68	2	Flat
£755K	12/22	0.74 mi	Flat 23, Tufton Court, Tufton Street, London, Greater London SW1P 3QH	-	-	2	Flat
£850K	12/20	0.75 mi	Flat 2, Tufton Court, Tufton Street, London, Greater London SW1P 3QH	-	-	2	Flat
£890K	12/23	0.75 mi	Flat 5, Lytton Court, Barter Street, London, Greater London WC1A 2AH	-	-	2	Flat
£1.4M	11/22	0.75 mi	Flat 10, Lytton Court, Barter Street, London, Greater London WC1A 2AH	-	-	2	Flat
£800K	07/23	0.76 mi	Flat 43a, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA	-	-	2	Flat
£1.2M	04/21	0.76 mi	Flat 40, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA	-	-	2	Flat
£1.1M	05/21	0.76 mi	Flat 52, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AA	-	-	2	Flat
£1.1M	06/21	0.78 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.0M	03/21	0.78 mi	Flat 73, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.4M	05/21	0.79 mi	Flat 16, Pied Bull Court, Galen Place, London, Greater London WC1A 2JR	-	-	2	Flat
£850K	06/21	0.79 mi	Flat 3, Pied Bull Court, Galen Place, London, Greater London WC1A 2JR	-	-	2	Flat
£1.1M	06/21	0.8 mi	Flat 77, Artillery Mansions, Victoria Street, London, Greater London SW1H 0HY	-	-	2	Flat
£1.4M	03/23	0.8 mi	7a, Bloomsbury Square, London, Greater London WC1A 2LP	-	-	2	Flat
£700K	01/23	0.8 mi	Flat 49, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£725K	06/21	0.8 mi	Flat 3, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£850K	06/21	0.81 mi	Flat 3, Pied Bull Court, Galen Place, London, Greater London WC1A 2JR	-	-	2	Flat
£490K	05/23	0.81 mi	Flat 11, Munro House, Murphy Street, London, Greater London SE1 7AJ	£9,423	52	2	Flat
£1.7M	06/21	0.82 mi	Upper Maisonette, 14, Bourdon Street, London, Greater London W1K 3PQ	-	-	2	Flat
£800K	06/21	0.82 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£760K	06/21	0.83 mi	19a, Shepherd Market, London, Greater London W1J 7PL	-	-	2	Flat
£800K	06/21	0.83 mi	Flat 12, Stafford Mansions, Stafford Place, London, Greater London SW1E 6NL	-	-	2	Flat
£1.1M	06/21	0.86 mi	Flat 102, Carrington House, Hertford Street, London, Greater London W1J 7RG	-	-	2	Flat
£530K	04/23	0.9 mi	Flat 36, Bennett House, Page Street, London, Greater London SW1P 4ET	-	-	2	Flat
£596K	04/23	0.9 mi	Flat 67, Bennett House, Page Street, London, Greater London SW1P 4EU	-	-	2	Flat
£495K	10/20	0.9 mi	Flat 29, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	2	Flat
£518.5K	09/21	0.9 mi	Flat 6, Tait House, Greet Street, London, Greater London SE1 8NA	-	-	2	Flat
£650K	11/21	0.91 mi	Flat 8, Vincent House, Regency Street, London, Greater London SW1P 4BX	-	-	2	Flat
£1.1M	08/23	0.92 mi	Flat 17, Bristol House, Southampton Row, London, Greater London WC1B 4BA	-	-	2	Flat
£930K	07/23	0.92 mi	Flat 148, Clifford's Inn, Fetter Lane, London, Greater London EC4A 1BY	-	-	2	Flat
£1.0M	05/21	0.95 mi	Flat 9, Three Cups Yard, Sandland Street, London, Greater London WC1R 4PZ	-	-	2	Flat
£615K	07/23	0.95 mi	Flat A, Bevan House, Boswell Street, London, Greater London WC1N 3BT	-	-	2	Flat
£580K	01/21	0.96 mi	Flat 48, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£530K	04/21	0.96 mi	Flat 35, Jessel House, Page Street, London, Greater London SW1P 4BH	-	-	2	Flat
£1.0M	05/21	0.96 mi	Flat 9, Three Cups Yard, Sandland Street, London, Greater London WC1R 4PZ	-	-	2	Flat
£513.5K	03/21	0.96 mi	Flat 34, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat
£520K	04/21	0.96 mi	Flat 52, Norfolk House, Regency Street, London, Greater London SW1P 4BD	-	-	2	Flat

Local Rents

50 rents from £2.3K/mo to £32.5K/mo, average is £4.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,553	10/24	0 mi	Regents Park	2	Flat
£5,000	08/24	0 mi	Kidderpore Avenue, London	2	Flat
£3,295	10/24	0 mi	-	2	Flat
£2,500	10/24	0 mi	-	2	Flat
£2,700	12/24	0 mi	-	2	Flat
£3,987	10/24	0 mi	-	2	Flat
£3,748	10/24	0 mi	Hamlet Gardens, London, W6	2	Flat
£7,497	12/24	0 mi	Blenheim House, One Tower Bridge, London	2	Flat
£4,485	12/24	0 mi	Earls Way, One Tower Bridge, London, SE1.	2	Flat
£2,300	10/24	0 mi	Osprey Heights, SW11	2	Flat
£3,999	10/24	0 mi	2 Bridgewater Avenue, London, SW6 2YE	2	Flat
£13,867	10/24	0.03 mi	Prince of Wales Terrace, London, WC2N	2	Flat
£32,500	09/24	0.05 mi	The OWO Residences by Raffles, Westminster SW1	2	Flat
£5,525	10/24	0.05 mi	Spring Gardens, London, SW1A	2	Flat
£4,962	10/24	0.05 mi	Spring Gardens, Trafalgar Square	2	Flat
£4,962	10/24	0.05 mi	Spring Gardens, Trafalgar Square	2	Flat
£4,962	09/24	0.06 mi	Spring Gardens, London, SW1A	2	Flat
£4,962	09/24	0.06 mi	Spring Gardens, London, SW1A	2	Flat
£3,683	09/24	0.11 mi	-	2	Flat
£3,748	12/24	0.11 mi	-	2	Flat
£32,500	09/24	0.12 mi	Whitehall Place, London, SW1A	2	Flat
£32,500	09/24	0.13 mi	10 Whitehall Place, London, SW1A	2	Flat
£5,417	10/24	0.17 mi	Suffolk Street, Fitzrovia & Covent Garden	2	Flat
£2,950	10/24	0.17 mi	-	2	Flat
£3,380	03/25	0.18 mi	-	2	Flat
£4,600	04/25	0.18 mi	-	2	Flat
£3,900	10/24	0.19 mi	-	2	Flat
£3,300	11/24	0.19 mi	-	2	Flat
£4,500	03/25	0.19 mi	-	2	Flat
£3,250	10/24	0.22 mi	-	2	Flat
£3,250	10/24	0.22 mi	-	2	Flat
£3,250	10/24	0.23 mi	John Adam Street, Covent Garden, WC2N	2	Flat
£3,250	10/24	0.23 mi	-	2	Flat
£3,250	01/25	0.23 mi	-	2	Flat
£3,033	10/24	0.23 mi	The Little Adelphi, 10-14 John Adam Street, WC2N	2	Flat
£3,185	10/24	0.24 mi	John Adam Street, Charing Cross, WC2N	2	Flat
£3,185	10/24	0.25 mi	The Little Adelphi, Strand WC2	2	Flat
£3,012	10/24	0.25 mi	10 John Adam Street, London, Greater London, WC2N	2	Flat
£4,550	10/24	0.28 mi	Exchange Court, Covent Garden, WC2R	2	Flat
£6,500	10/24	0.28 mi	New Row, Covent Garden, WC2N	2	Terraced House
£6,500	10/24	0.28 mi	New Row, London, WC2N	2	Flat
£6,500	10/24	0.28 mi	New Row, Covent Garden, WC2N	2	Flat
£16,575	10/24	0.29 mi	Strand, Fitzrovia & Covent Garden	2	Flat
£4,767	03/25	0.29 mi	-	2	Flat
£16,575	10/24	0.29 mi	Gatti House, Strand, WC2R	2	Flat
£3,450	10/24	0.29 mi	-	2	Flat
£16,575	10/24	0.29 mi	Gatti House, Strand, London, WC2R	2	Flat
£16,575	10/24	0.29 mi	Strand, London, WC2R	2	Flat
£7,392	10/24	0.3 mi	W Residences, Wardour Street, Soho, London, W1D	2	Flat
£3,250	10/24	0.3 mi	Coventry Street W1D	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Town centre distance	1.72 miles away1.72 miles away
Nearest school	1.20 miles away1.20 miles away
Nearest train station	1.80 miles away1.80 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 £890,000

December 17, 2024

Floor Plans

Description

Two Bedrooms +
Two Bathrooms +
Chain Free +
Gym, Pool & Spa Facilities +
24 hour Concierge +
Two Balconies +

A very high spec two bedroom, two bathroom apartment at One Tower Bridge, with an open plan kitchen/ living room and two private balconies. There is a residents' health club with a gym, pool, sauna, steam room & 24 hour concierge

One Tower Bridge is located just off the South Bank adjacent to the iconic Tower Bridge and Shad Thames, within 0.4 miles of London Bridge Station, with access to Mainline Rail, the Jubilee, Bakerloo and Northern Lines.

Tenure: Leasehold Lease Years Remaining: 987
Service Charge: £11,551 (Yearly)
Annual Ground Rent: £1,317
Council Tax Band: E

Agent Details

Dexters, London Bridge

020 7650 5100

Next Steps?

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

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2 Bed Flat, Single Let, London, SE1 2RY, £890,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

6 Bed House, Single Let, London, WC2N 5NG

4 Bed House, Single Let, London, SW1Y 5AT

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4 Bed House, Single Let, London, SW1Y 5AT

Cashflows

Local Sold Prices

Local Rents