2 Bed Flat, Single Let, London, SW1V 4LB, £700,000

Sutherland Street, Pimlico, SW1V 4LBV - 3 months ago

Leasehold

BTL

~60 m²

+4 photos

ValuationUndervalued

Sold Prices	£440K - £4.3M
Sold Prices/m²	£8.4K/m² - £24.6K/m²

Square Metres	~59.82 m²
Price/m²	£11.7K/m²
Value Estimate	£754,414£754,414
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£175,000£175,000
Stamp Duty & Legal Fees	£58,700£58,700
Total Cash In	£233,700£233,700

Cash Out
Rent Range	£1,950 - £22,750£1,950 - £22,750
Rent Estimate	£2,400
Running Costs/mo	£2,688£2,688
Cashflow/mo	£-287£-287
Cashflow/yr	£-3,450£-3,450
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £440K to £4.3M, average is £739K. £8.4K/m² to £24.6K/m², average is £12.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£713K	04/21	0.04 mi	Flat A, 16, Sutherland Street, London, Greater London SW1V 4LA	-	-	2	Flat
£660K	06/23	0.05 mi	Basement Flat, 9, Cumberland Street, London, Greater London SW1V 4LS	-	-	2	Flat
£790K	05/21	0.07 mi	43a, Cumberland Street, London, Greater London SW1V 4LU	£12,804	62	2	Flat
£500K	02/21	0.11 mi	Flat 64, Gilbert House, Churchill Gardens, London, Greater London SW1V 3HW	-	-	2	Flat
£1.1M	06/21	0.12 mi	Second And Third Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	-	-	2	Flat
£813.3K	09/23	0.12 mi	First Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	£24,644	33	2	Flat
£1.3M	04/21	0.13 mi	69a, Gloucester Street, London, Greater London SW1V 4EA	£14,793	86	2	Flat
£440K	04/21	0.14 mi	Flat 47, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£455K	02/23	0.14 mi	Flat 36, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£800K	04/23	0.14 mi	Basement Flat, 61, Gloucester Street, London, Greater London SW1V 4DZ	£11,268	71	2	Flat
£950K	06/21	0.15 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat
£760K	09/23	0.16 mi	Ground Floor Flat, 110, Cambridge Street, London, Greater London SW1V 4QF	£17,273	44	2	Flat
£1.3M	04/23	0.16 mi	Second And Third Floor Maisonette, 110, Cambridge Street, London, Greater London SW1V 4QF	-	-	2	Flat
£860K	04/21	0.16 mi	118a, Cambridge Street, London, Greater London SW1V 4QF	£12,647	68	2	Flat
£550K	03/23	0.18 mi	Flat 17, Sullivan House, Churchill Gardens, London, Greater London SW1V 3BP	-	-	2	Flat
£515K	10/20	0.19 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.19 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£640K	11/20	0.19 mi	Flat 40, Russell House, Cambridge Street, London, Greater London SW1V 4EQ	-	-	2	Flat
£480K	02/23	0.21 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£1.1M	10/20	0.21 mi	Flat G, 23, Warwick Square, London, Greater London SW1V 2AB	£10,942	105	2	Flat
£540K	05/23	0.24 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£537.5K	02/21	0.26 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£925K	04/21	0.26 mi	9a, Gloucester Street, London, Greater London SW1V 2DB	£13,214	70	2	Flat
£1.3M	09/23	0.26 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£796.2K	03/21	0.29 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£750K	04/23	0.29 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£475K	02/23	0.3 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£675K	02/23	0.3 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£625K	01/24	0.3 mi	Semley House, Flat 43, Semley Place, London, Greater London SW1W 9QJ	£8,562	73	2	Flat
£560K	06/23	0.3 mi	Flat 37, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£645K	12/20	0.31 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£728K	10/23	0.35 mi	Flat 2, Clarion House, Moreton Place, London, Greater London SW1V 2NN	-	-	2	Flat
£1.1M	02/21	0.35 mi	Flat 9, Venner House, Bourne Street, London, Greater London SW1W 8UR	-	-	2	Flat
£520K	06/21	0.35 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£830K	05/23	0.36 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat
£800K	11/20	0.37 mi	29a, Moreton Place, London, Greater London SW1V 2NL	£13,115	61	2	Flat
£685K	06/21	0.41 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£590K	11/20	0.41 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£835K	09/21	0.42 mi	Basement Flat, 68, Claverton Street, London, Greater London SW1V 3AX	£12,463	67	2	Flat
£700K	02/24	0.42 mi	78, Ground Floor Flat, Claverton Street, London, Greater London SW1V 3AX	£12,727	55	2	Flat
£656K	05/21	0.45 mi	Flat 5, Wedderburn House, Lower Sloane Street, London, Greater London SW1W 8BZ	-	-	2	Flat
£540K	03/23	0.45 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£1.1M	06/23	0.54 mi	Flat 8, York House, Turks Row, London, Greater London SW3 4TH	-	-	2	Flat
£830K	03/21	0.57 mi	55c, Greencoat Place, London, Greater London SW1P 1DS	£12,576	66	2	Flat
£1.2M	03/21	0.57 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£4.3M	04/23	0.6 mi	Basement And Ground Floor Premises, 100, Eaton Place, London, Greater London SW1X 8LW	-	-	2	Flat
£2.4M	12/22	0.63 mi	Third And Fourth Floor Maisonette, 54, Eaton Place, London, Greater London SW1X 8AL	-	-	2	Flat
£645K	06/21	0.64 mi	Flat 9, Middleton House, Causton Street, London, Greater London SW1P 4AS	-	-	2	Flat
£870K	04/23	0.65 mi	Flat 5, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£925K	08/21	0.65 mi	Flat 10, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £22.8K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,370	09/24	0.07 mi	Sussex Street, London, SW1V 4RW, UK	2	Flat
£2,500	04/25	0.08 mi	-	2	Flat
£2,600	02/25	0.08 mi	-	2	Flat
£2,525	09/24	0.08 mi	-	2	Flat
£2,400	10/24	0.08 mi	-	2	Flat
£2,400	10/24	0.08 mi	-	2	Flat
£3,250	09/24	0.09 mi	Winchester Street, Pimlico, London, SW1V	2	Flat
£2,383	09/24	0.1 mi	Alderney Street, Victoria / Pimlico SW1V	2	Flat
£3,467	09/24	0.1 mi	Ebury Apartments, Ebury Place, Pimlico SW1	2	Flat
£2,578	09/24	0.11 mi	Alderney Street Pimlico SW1V	2	Flat
£2,557	09/24	0.11 mi	Gilbert House, Churchill Gardens, London, SW1V	2	Flat
£2,492	09/24	0.12 mi	Churchill Gardens, Westminster, London, SW1V	2	Flat
£3,700	09/24	0.12 mi	-	2	Flat
£3,500	10/24	0.13 mi	-	2	Flat
£1,950	12/24	0.13 mi	-	2	Flat
£2,400	12/24	0.13 mi	-	2	Flat
£2,496	09/24	0.14 mi	Gloucester Street, Pimlico	2	Flat
£2,695	09/24	0.14 mi	-	2	Flat
£2,695	09/24	0.14 mi	Pimlico, London, SW1V	2	Flat
£4,000	09/24	0.15 mi	Bramah House, London, SW1W	2	Flat
£22,750	09/24	0.15 mi	Whistler Square, Chelsea Barracks, Belgravia, London, SW1W	2	Flat
£2,600	09/24	0.15 mi	Alderney Street, Pimlico / Victoria SW1V	2	Flat
£3,500	09/24	0.15 mi	-	2	Flat
£3,490	09/24	0.16 mi	Cambridge Street, London, SW1V 4PY, UK	2	Flat
£3,467	09/24	0.17 mi	St Georges Drive, London, SW1V	2	Flat
£4,767	04/25	0.18 mi	-	2	Flat
£4,250	09/24	0.18 mi	Winchester Street, London, SW1V	2	Flat
£4,250	09/24	0.18 mi	-	2	Flat
£3,250	09/24	0.18 mi	-	2	Flat
£3,750	09/24	0.18 mi	-	2	Flat
£3,499	10/24	0.18 mi	-	2	Flat
£3,500	01/25	0.18 mi	-	2	Flat
£3,950	04/25	0.18 mi	-	2	Flat
£2,500	09/24	0.18 mi	Cheylesmore House, Ebury Bridge Road, SW1W	2	Flat
£4,766	09/24	0.18 mi	Gatliff Road London SW1W	2	Flat
£4,758	09/24	0.18 mi	Grosvenor Waterside, Chelsea, SW1W	2	Flat
£4,758	09/24	0.18 mi	Gatliff Road London SW1W	2	Flat
£4,758	09/24	0.19 mi	Grosvenor Waterside, 2 Gatliff Road, Chelsea, SW1W	2	Flat
£4,333	04/25	0.19 mi	-	2	Flat
£4,095	04/25	0.19 mi	-	2	Flat
£4,117	04/25	0.19 mi	-	2	Flat
£3,100	02/25	0.19 mi	-	2	Flat
£2,470	09/24	0.19 mi	Churchill Gardens, London, SW1V	2	Flat
£4,767	09/24	0.19 mi	Grosvenor Waterside, London	2	Flat
£3,445	09/24	0.19 mi	Gatliff Road, London	2	Flat
£3,445	09/24	0.19 mi	Gatliff Road, London	2	Flat
£2,600	09/24	0.2 mi	Warwick Way, Pimlico, London, SW1V	2	Flat
£4,758	09/24	0.2 mi	Moore House, Grosvenor Waterside, 2 Gatliff Road, London, SW1W	2	Flat
£3,250	09/24	0.2 mi	West Mews, Pimlico, London, SW1V	2	Terraced House
£4,758	09/24	0.2 mi	Moore House, Grosvenor Waterside, Gaitliff Road	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Town centre distance	3.23 miles away3.23 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.46 miles away0.46 miles away

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

Property History

Price changed to £700,000

February 20, 2025

Listed for £725,000

January 16, 2025

Floor Plans

Description

Charming Two Bedroom Flat Close to Sloane Square +
Spacious open plan Reception And Kitchen +
Family Bathroom +
SW Facing Patio Garden +
Share of Freehold +
No Onward Chain +

A very well presented garden flat located in the heart of Pimlico on the very desirable Sutherland Street, a ten minute walk to Sloane Square.

This charming property comprises a spacious open plan Reception / kitchen leading on to a lovely south west facing patio garden. There are two double bedrooms, with the principle bedroom benefiting from fitted wardrobes and a family bathroom.

Further benefits include a fireplace in the reception, wooden flooring, own entrance to the property, Share of freehold and is being offered with no onward chain.

Sutherland Street is situated on the sought after Pimlico grid moments from the shops, cafes and restaurants of Pimlico. The nearest transport links can be found at Pimlico, (Victoria underground line) Victoria (Victoria, Circle and District underground lines with Mainline station and Gatwick Express) ad Sloane Square (Circle and District Lines)

Selling your property in Sutherland Street? Trying to find your perfect home to buy? Register with Chestertons Westminster to get the full picture from the experts in the Pimlico market.

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

Agent Details

Chestertons, Westminster & Pimlico

020 3872 3458

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

4 Bed House, Single Let, London, SW1V 4RE

£2,700,000

4 months ago • 213 m²

2 Bed Flat, Single Let, London, SW1V 4NH

£880,000

4 months ago • 61 m²

2 Bed House, Single Let, London, SW1V 4RA

£1,695,000

a year ago • 116 m²

4 Bed House, Single Let, London, SW1V 4LT

£2,995,000

6 months ago • 201 m²