3 Bed Flat, Single Let, SW1Y 5JG, £5,000,000

Pall Mall, London, SW1Y 5JGY - 3 months ago

Leasehold

BTL

~167 m²

+23 photos

ValuationOvervalued

Sold Prices	£525K - £17.0M
Sold Prices/m²	£8.5K/m² - £34.5K/m²

Square Metres	~166.80 m²
Price/m²	£30K/m²
Value Estimate	£3,079,575£3,079,575

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£1,250,000£1,250,000
Stamp Duty & Legal Fees	£662,450£662,450
Total Cash In	£1,912,450£1,912,450

Cash Out
Rent Range	£2,600 - £54,167£2,600 - £54,167
Rent Estimate	£3,870
Running Costs/mo	£16,419£16,419
Cashflow/mo	£-12,549£-12,549
Cashflow/yr	£-150,588£-150,588
Gross Yield	1%1%

Local Sold Prices

32 sold prices from £525K to £17.0M, average is £1.4M. £8.5K/m² to £34.5K/m², average is £18.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£17.0M	12/22	0.03 mi	Penthouse Flat, 68, Pall Mall, London, Greater London SW1Y 5ES	-	-	3	Flat
£7.7M	09/23	0.15 mi	1, Russell Court, London, Greater London SW1A 1DA	£34,459	222	3	Flat
£3.4M	07/23	0.54 mi	5, Market Mews, London, Greater London W1J 7BY	£26,537	127	3	Flat
£975K	10/23	0.58 mi	Flat 16, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.0M	08/23	0.58 mi	Flat 17, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£900K	01/23	0.58 mi	Flat 12, Rosscourt Mansions, Buckingham Palace Road, London, Greater London SW1W 0PR	-	-	3	Flat
£1.6M	07/22	0.6 mi	27a, St Annes Court, London, Greater London W1F 0BN	-	-	3	Flat
£2.6M	02/21	0.6 mi	Flat 71, Chesterfield House, Chesterfield Gardens, London, Greater London W1J 5JX	-	-	3	Flat
£1.4M	12/20	0.69 mi	28, Victoria Square, London, Greater London SW1W 0RB	£13,374	103	3	Flat
£1.4M	10/23	0.7 mi	Flat 32, Westminster Mansions, Great Smith Street, London, Greater London SW1P 3BP	-	-	3	Flat
£1.1M	06/21	0.74 mi	Flat 2, Evelyn Mansions, Carlisle Place, London, Greater London SW1P 1NH	-	-	3	Flat
£1.1M	09/23	0.75 mi	Flat 2, Octavia House, Medway Street, London, Greater London SW1P 2TA	-	-	3	Flat
£1.7M	01/23	0.79 mi	Flat 8, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HX	-	-	3	Flat
£2.5M	04/21	0.79 mi	Flat 71, Carlisle Mansions, Carlisle Place, London, Greater London SW1P 1HZ	-	-	3	Flat
£860K	02/23	0.83 mi	Apartment 616, West Block, Forum Magnum Square, London, Greater London SE1 7GL	-	-	3	Flat
£525K	08/23	0.84 mi	Flat 4, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	3	Flat
£1.4M	10/22	0.85 mi	Flat 115, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AG	-	-	3	Flat
£1.8M	08/21	0.86 mi	178a, Drury Lane, London, Greater London WC2B 5QF	£15,393	117	3	Flat
£1.5M	09/23	0.86 mi	Flat 92, Bedford Court Mansions, Bedford Avenue, London, Greater London WC1B 3AE	-	-	3	Flat
£610K	12/22	0.86 mi	Flat 18, Bennett House, Page Street, London, Greater London SW1P 4ET	£8,472	72	3	Flat
£2.3M	06/23	0.87 mi	26, Eccleston Mews, London, Greater London SW1X 8AG	-	-	3	Flat
£600K	01/23	0.89 mi	Flat 60, Tothill House, Page Street, London, Greater London SW1P 4DH	-	-	3	Flat
£1.5M	10/23	0.9 mi	32, Wilton Place, London, Greater London SW1X 8SH	-	-	3	Flat
£972.5K	10/23	0.9 mi	Flat 11, Vincent Square Mansions, Walcott Street, London, Greater London SW1P 2NT	-	-	3	Flat
£1.3M	11/23	0.95 mi	Flat 65, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	3	Flat
£1.5M	09/23	0.96 mi	Flat 11, St Augustines Mansions, Bloomburg Street, London, Greater London SW1V 2RG	-	-	3	Flat
£1.0M	09/22	0.96 mi	Flat 6, Museum Chambers, Bury Place, London, Greater London WC1A 2LD	-	-	3	Flat
£1.7M	10/23	0.97 mi	Flat 62, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	3	Flat
£3.7M	09/23	0.97 mi	14, Dukes Mews, London, Greater London W1U 3ET	-	-	3	Flat
£772.5K	10/21	0.98 mi	Flat 1, Reynolds House, Erasmus Street, London, Greater London SW1P 4HP	-	-	3	Flat
£1.8M	01/21	0.99 mi	Flat 10, Whaddon House, William Mews, London, Greater London SW1X 9HG	-	-	3	Flat
£3.0M	01/23	0.99 mi	8a, Lowndes Place, London, Greater London SW1X 8DD	£21,533	137	3	Flat

Local Rents

50 rents from £2.6K/mo to £54.2K/mo, average is £10K/mo.

Rent	Date	Distance	Address	Beds	Type
£8,000	02/25	0.16 mi	-	3	Terraced House
£14,083	09/24	0.17 mi	Babmaes Street, St. James's, SW1Y	3	Flat
£9,000	09/24	0.17 mi	Bennett House, St James Street, St James, London SW1A	3	Flat
£26,000	09/24	0.2 mi	St. James's Place SW1	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, Mayfair	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, Mayfair	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, St. James's, SW1A	3	Flat
£54,167	09/24	0.22 mi	Arlington Street, Mayfair, London, SW1A	3	Flat
£54,167	09/24	0.22 mi	Arlington Street Mayfair SW1A	3	Flat
£54,167	09/24	0.22 mi	Penthouse, Walpole Mayfair, Arlington Street, London, SW1A	3	Flat
£3,835	11/24	0.27 mi	-	3	Flat
£7,150	10/24	0.27 mi	Dover Street, Mayfair, London, W1S	3	Flat
£6,933	10/24	0.28 mi	-	3	Flat
£3,943	11/24	0.29 mi	-	3	Flat
£10,183	10/24	0.3 mi	Whitcomb Street, Fitzrovia & Covent Garden	3	Flat
£19,500	10/24	0.34 mi	Prince of Wales Terrace, London, WC2N	3	Flat
£3,700	03/25	0.37 mi	-	3	Flat
£2,600	08/24	0.37 mi	-	3	Flat
£3,904	08/24	0.37 mi	-	3	Flat
£6,500	09/24	0.37 mi	-	3	Flat
£3,200	03/24	0.37 mi	Roman Road, E2	3	Flat
£16,250	10/24	0.38 mi	Stratton Street, Mayfair, London, W1J	3	Flat
£13,000	10/24	0.38 mi	W Residences, Wardour Street, Soho, London, W1D	3	Flat
£9,750	10/24	0.38 mi	W Residences, Wardour Street, Soho, London, W1D	3	Flat
£9,750	10/24	0.38 mi	Wardour Street, London, W1D	3	Flat
£16,250	10/24	0.39 mi	Stratton Street London W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, Mayfair, London, W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, London, W1J	3	Flat
£6,608	10/24	0.4 mi	Clarges Street, London, W1J	3	Flat
£6,608	10/24	0.4 mi	13-17 Clarges Street, Mayfair, London, W1J	3	Flat
£6,608	10/24	0.41 mi	Clarges Street, Mayfair	3	Flat
£6,608	10/24	0.41 mi	Clarges Street, Mayfair	3	Flat
£26,806	10/24	0.41 mi	Golden Square, W1F	3	Flat
£4,767	09/24	0.45 mi	Central Building, 3 Matthew Parker Street, Westminster, London, SW1H	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£32,500	09/24	0.46 mi	Corinthia Residences, Whitehall Place, London, SW1A	3	Flat
£4,225	09/24	0.46 mi	Brunswick House, 2 Matthew Parker Street, SW1H	3	Flat
£4,225	09/24	0.46 mi	Matthew Parker Street London SW1H	3	Flat
£11,917	10/24	0.46 mi	Shepherd Street, Mayfair, London, W1J	3	Flat
£8,000	09/24	0.47 mi	Millbank Westminster SW1P	3	Flat
£4,225	09/24	0.47 mi	Matthew Parker Street, Westminster, London, SW1H	3	Flat
£12,783	10/24	0.47 mi	Charles Street, Mayfair	3	Flat
£12,783	10/24	0.47 mi	Charles Street, Mayfair	3	Flat
£15,000	10/24	0.48 mi	Berwick Street, Soho W1F	3	Flat
£39,000	09/24	0.48 mi	10 Whitehall Place, London, SW1A	3	Flat
£4,767	10/24	0.48 mi	Shaftesbury Avenue, W1D	3	Flat
£30,333	09/24	0.48 mi	Corinthia Residences, Whitehall Place, SW1	3	Flat
£30,333	09/24	0.48 mi	Buckingham Gate, London, SW1E	3	Flat
£23,833	09/24	0.48 mi	Buckingham Gate, London, SW1E	3	Flat

Local Area Statistics

Population in SW1	52,47852,478
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.29 miles away0.29 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+47%+47%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-15%-15%

Property History

Price changed to £5,000,000

January 23, 2025

Listed for £5,400,000

December 26, 2024

Floor Plans

Description

Three bedrooms, three bathrooms +
Direct lift access to apartment +
Large principal suite with walk-in wardrobe +
Comfort cooling and underfloor heating +
Exceptional location +
Day porter +

PLEASE QUOTE 457603 FOR ALL ENQUIRIES

This stunning three-bedroom apartment is situated in an exclusive boutique development in the heart of St. James's. The property is unique, blending historic charm with modern luxury: while the building's original façade has been meticulously preserved, the entire interior has been newly constructed to the highest standards.

The apartment boasts an open-plan reception room and kitchen diner, featuring expansive windows that flood the space with natural light. The modern kitchen is fitted with top-of-the-line Miele appliances, perfect for contemporary living.

The principal bedroom offers a tranquil retreat, complete with a dressing room and a luxurious en-suite bathroom. Two additional double bedrooms, one with an en-suite, are complemented by a further shower room and a separate utility room.

Additional features include comfort cooling, underfloor heating, and direct lift access. The development is managed by an on-site porter, ensuring convenience and security.

Location

Nestled on Pall Mall in the prestigious St. James's district, this apartment is surrounded by London's most iconic landmarks, including Buckingham Palace, Trafalgar Square, and The National Gallery. The green spaces of Green Park and St. James's Park are just moments away, offering a serene escape from the bustling city.

The property is conveniently located approximately 0.4 miles from Green Park and Piccadilly underground stations, providing access to the Jubilee, Piccadilly, and Victoria lines, making it ideal for city living.

Leasehold: Approximately 989 years remaining.
Service Charge: £27,800 per annum approx
Ground Rent: £850 per annum
Sinking Fund: £6,550 per annum approx.

Agent Details

Harding Green, London

020 3909 7854

Next Steps?

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