2 Bed Flat, Single Let, London, SW8 2FT £730,000

Lowe House, 12 Hebden Place, London, SW8 2FT - a year ago
Leasehold
BTL
~68 m²
Property image

ValuationOvervalued

Sold Prices£267K - £3.5M
Sold Prices/m²£3K/m² - £13.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£10.7K/m²

Value Estimate

£665,810

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£182,500

Stamp Duty & Legal Fees

£47,100

Total Cash In

£229,600

 

 

Cash Out

 

Rent Range

£850 - £4,063

Rent Estimate

£2,250

Running Costs/mo

£2,751

Cashflow/mo

£-501

Cashflow/yr

£-6,015

Gross Yield

4%

Local Sold Prices

50 sold prices from £267K to £3.5M, average is £490.6K. £3K/m² to £13.9K/m², average is £8.6K/m².

Price
Date
Distance
Address
Beds
 
£765K12/240.08 mi50 Brent House, Flat 63, Wandsworth Road, London SW8 2FL2
£480K05/250.1 miFlat 2, 110 Hodgson Apartments, Wandsworth Road, London SW8 2LB2
£480K05/250.1 miFlat 2, 110 Hodgson Apartments, Wandsworth Road, London SW8 2LB2
£1.4M10/230.12 miLegacy Building, Apartment E103, Viaduct Gardens, London SW11 7EJ2
£481.2K09/230.15 miFlat 10, Lang House, Hartington Road, London, Greater London SW8 2HT2
£500K06/210.17 mi8, Mill Pond Close, London, Greater London SW8 4SN2
£340K11/210.17 miFlat 24, Sheldon Court, Lansdowne Green, London, Greater London SW8 2BE2
£353.3K06/230.19 miFlat 13, Webb House, Hemans Street, London, Greater London SW8 4SU2
£590K06/230.23 mi160a, Old South Lambeth Road, London, Greater London SW8 1XX2
£1.1M08/250.23 miFlat 155, 1 Keybridge Tower, Exchange Gardens, London SW8 1BN2
£540K03/250.24 mi45, Crimsworth Road, London SW8 4RJ2
£350K06/210.24 miFlat 89, Victoria Mansions, South Lambeth Road, London, Greater London SW8 1QU2
£450K03/250.25 miVictoria Mansions, 96, South Lambeth Road, London SW8 1QU2
£445K07/250.25 mi55, Crimsworth Road, London SW8 4RJ2
£473.4K09/230.26 mi92, Crimsworth Road, London, Greater London SW8 4RL2
£690K04/240.27 mi47a, Thorne Road, London SW8 2BY2
£955K03/250.27 mi58, 30 Elm Quay Court, Nine Elms Lane, London SW8 5DF2
£925K08/210.27 miFlat 10, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE2
£870K04/230.27 miFlat 5, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE2
£465K01/230.28 miFlat 4, Stamford Buildings, South Lambeth Road, London, Greater London SW8 1UY2
£590K10/230.28 mi35, Heyford Avenue, Kennington, London, Greater London SW8 1EA2
£440K03/250.28 miTait Court, 10, Lansdowne Green, London SW8 2EU2
£416K07/230.29 miFlat 25, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ2
£435K05/230.29 miFlat 24, Walden Court, Wandsworth Road, London, Greater London SW8 2NJ2
£428K05/250.3 miFirst Floor Flat, 13, Tradescant Road, London SW8 1XD2
£3.5M07/220.31 miGraham House, Bondway, London SW8 1SF2
£415K09/210.32 miFlat 29, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT2
£375K09/210.32 miFlat 5, Sudbury Court, Allen Edwards Drive, London, Greater London SW8 2NT2
£573.2K10/210.33 mi65c, Heyford Avenue, London, Greater London SW8 1EB2
£647.5K03/230.33 mi35, Flat 1, Dorset Road, London SW8 1EH2
£725K02/250.34 mi2, Flat 809, St George Wharf, London SW8 2AU2
£740K03/250.34 mi3, Flat 133, Cornell Square, London SW8 2ES2
£540K08/250.34 miFlat 152, 3, Cornell Square, London SW8 2ES2
£715K01/250.34 mi4, Flat 759, St George Wharf, London SW8 2JF2
£305K12/230.35 mi65, Tradescant Road, London, Greater London SW8 1XJ2
£635K02/250.35 mi43, Flat 4, St Stephen's Terrace, London SW8 1DL2
£632K03/250.36 mi80, Meadow Road, London SW8 1PP2
£270K03/230.36 miFlat 23, Kelvedon House, Guildford Road, London, Greater London SW8 2DN2
£270K11/230.36 miFlat 52, Kelvedon House, Guildford Road, London, Greater London SW8 2DW2
£267K01/230.36 miFlat 7, Kelvedon House, Guildford Road, London, Greater London SW8 2DN2
£315K03/230.36 miFlat 25, Park Mansions, South Lambeth Road, London, Greater London SW8 1TP2
£540K03/250.37 mi212, Flat 50, Wandsworth Road, London SW8 2BP2
£840K02/250.37 mi6, Flat 540, St George Wharf, London SW8 2JE2
£450K01/250.37 mi95, Teversham Lane, London SW8 2DJ2
£795K08/250.38 miApartment 109, 3, Riverlight Quay, London SW11 8BE2
£610K07/250.38 miFlat 364, 10, St George Wharf, London SW8 2LZ2
£390K06/210.38 miFlat 72, Hartington Court, Lansdowne Way, London, Greater London SW8 2ED2
£445K03/250.39 mi18, Hartington Court, Lansdowne Way, London SW8 2EB2
£707.5K12/240.39 mi12, Apartment 20, Lawn Lane, London SW8 1UD2
£353K02/250.4 miLulworth House, 55, Dorset Road, London SW8 1DR2

Local Rents

50 rents from £850/mo to £4.1K/mo, average is £3.6K/mo.

Rent
Date
Distance
Address
Beds
 
£3,00010/250.02 miPinto Tower, Nine Elms Point2
£3,50005/250.02 miPinto Tower, Hebden Place, London SW8 2FS2
£3,46607/250.02 miHebden Place, London, SW82
£3,00007/250.02 miPinto Tower, Nine Elms Point2
£3,00007/250.02 miPinto Tower, Nine Elms2
£3,25007/250.02 miPinto Tower, Nine Elms Point2
£3,25007/250.02 miPinto Tower, Nine Elms Point2
£3,25008/250.02 miPinto Tower, Nine Elms Point2
£3,50008/250.02 miPinto Tower, Nine Elms Point2
£85007/250.02 miPinto Tower, Nine Elms Point2
£3,46609/250.02 miPinto Tower, Nine Elms Point2
£3,68310/250.02 miPinto Tower, Nine Elms Point2
£3,50011/250.02 miPinto Tower, Nine Elms Point2
£3,25010/250.02 miHebden Place, Nine Elms2
£3,50011/250.03 miHebden Place, London, SW82
£3,68309/240.03 miHebden Place, London, SW82
£3,25009/240.03 miHebden Place, Nine Elms, SW82
£3,55009/240.03 miHebden Place, Nine Elms, SW82
£3,60010/250.03 miHebden Place, Pinto Tower, SW82
£3,70011/250.03 miHebden Place, Nine Elms, SW82
£3,70011/250.03 miPinto Tower, Hebden Place, SW82
£3,69611/250.03 miHebden Place, London, SW82
£3,50011/250.03 miHebden Place, London, SW82
£3,46609/250.03 miPinto Tower, Hebden Place, Nine Elms, London, SW82
£3,40009/240.04 miPinto Tower, 4 Hebden Place, SW8 2FS2
£3,99809/250.04 miPinto tower, Hebden Place, Nine Elms Point, SW82
£3,75009/240.04 miPinto Tower, Nine Elms Point2
£3,80007/250.04 miBach House, 50 Wandsworth Road, LONDON, SW82
£3,80008/250.04 miBach House, 50 Wandsworth Road, LONDON, SW82
£4,00009/250.04 miBach House, Wandsworth Road, Nine Elms Point, SW82
£3,42009/240.04 mi-2
£3,25009/250.04 mi-2
£3,80008/250.04 miBach House, Nine Elms, SW82
£3,80008/250.04 miBach House, Nine Elms, SW82
£3,50006/250.04 miNine Elms Point, Nine Elms, London, SW82
£3,90011/250.05 miBrent House, 50 Wandsworth Road, SW82
£3,70010/250.05 miCollet House, Nine Elms2
£3,35006/250.05 miWandsworth Road, London, SW82
£3,34909/250.05 miWandsworth Road, London, SW82
£4,06307/250.05 miWandsworth Road, London, SW82
£4,06307/250.05 miWandsworth Road, London, SW82
£3,89307/250.05 miWandsworth Road, London, SW82
£3,89307/250.05 miWandsworth Road, London, SW82
£3,55907/250.05 miWandsworth Road, London, SW82
£3,80607/250.05 miWandsworth Road, London, SW82
£4,06307/250.05 miWandsworth Road, London, SW82
£3,89307/250.05 miWandsworth Road, London, SW82
£3,80607/250.05 miWandsworth Road, London, SW82
£3,59007/250.05 miWandsworth Road, London, SW82
£3,55907/250.05 miWandsworth Road, London, SW82

Local Area Statistics

Population in SW8

35,138

Population in London

4,771,921

Town centre distance

3.44 miles away

Nearest school

0.20 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

-4%

Property History

Listed for £730,000

January 7, 2025

Floor Plans

Property image

Description

  • Sixth Floor with Balcony +
  • Approx. 798 Sqft Gross Internal Area +
  • Underfloor Heating Throughout +
  • Communal Garden, Concierge and Gym +
  • Minutes from Nine Elms Station +
  • Short Walk to Vauxhall Station +

This two-bedroom apartment benefits from a balcony which provides a very pleasant view of the well-tended communal garden. The property is on the sixth floor (two above garden level) and has an open-plan kitchen/reception room. There is a spacious bedroom with en-suite shower room plus a similar-sized second double bedroom, an stylish main bathroom and a generous amount of fitted storage in the entrance hallway. Lowe House is part of a modern development within the extensive Nine Elms regeneration area - an ambitious, multi-billion pound project steadily transforming what was already a desirable central London location. Well insulated walls, high performance glazing and underfloor heating supplied from a communal system make for a very good energy-efficiency rating. The development has a concierge, gym and a residents' lounge with private dining room and cinema room. The new Nine Elms Northern Line Station is just minutes away and Vauxhall Station is also within easy walking distance. Tenure: Leasehold (125 years from 01/08/2016).
Service Charge: £370.37 per month (subject to annual review).
Ground Rent: £250.00 for the year.
Council Tax: Band F, London Borough of Lambeth.
Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer. This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals). There is no parking space offered with this property.

Agent Details

Urban Moves Ltd, Nationwide

020 4538 8937

Next Steps?

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