3 Bed Flat, Single Let, London, SE11 6NF, £400,000

Doulton House, Lambeth Walk, Kennington, London, SE11 6NF - 3 views - 3 months ago

Leasehold

BTL

ROI: 8%

~93 m²

+5 photos

ValuationUndervalued

Sold Prices	£280K - £1.7M
Sold Prices/m²	£4.2K/m² - £11.8K/m²

Square Metres	~93 m²
Price/m²	£4.3K/m²
Value Estimate	£492,000£492,000
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£100,000£100,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£128,700£128,700

Cash Out
Rent Range	£2,400 - £12,000£2,400 - £12,000
Rent Estimate	£2,648
Running Costs/mo	£1,800£1,800
Cashflow/mo	£848£848
Cashflow/yr	£10,181£10,181
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £280K to £1.7M, average is £590K. £4.2K/m² to £11.8K/m², average is £6.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£475K	07/23	0.07 mi	Flat 20, Ferrybridge House, Lambeth Road, London, Greater London SE11 6NB	-	-	3	Flat
£280K	01/23	0.24 mi	Flat 37, Elkington Point, Lollard Street, London, Greater London SE11 6UG	-	-	3	Flat
£565K	11/21	0.39 mi	Flat 12, Amigo House, Morley Street, London, Greater London SE1 7QE	-	-	3	Flat
£625K	03/21	0.4 mi	Flat 3, Dryden Court, Renfrew Road, London, Greater London SE11 4NH	£11,792	53	3	Flat
£570K	06/21	0.43 mi	Flat 18, Tamar House, Kennington Lane, London, Greater London SE11 4XA	-	-	3	Flat
£550K	06/21	0.43 mi	Flat 22, Tamar House, Kennington Lane, London, Greater London SE11 4XA	-	-	3	Flat
£580K	06/21	0.43 mi	Flat 20, Tamar House, Kennington Lane, London, Greater London SE11 4XA	-	-	3	Flat
£500K	07/23	0.44 mi	Flat 25, Wynyard House, Newburn Street, London, Greater London SE11 5PT	-	-	3	Flat
£490K	09/23	0.44 mi	Flat 34, Wynyard House, Newburn Street, London, Greater London SE11 5PT	-	-	3	Flat
£810K	09/21	0.45 mi	22, Renfrew Road, London, Greater London SE11 4NA	£8,351	97	3	Flat
£495K	02/21	0.47 mi	Flat 54, Greet House, Frazier Street, London, Greater London SE1 7BB	-	-	3	Flat
£485K	05/23	0.47 mi	Flat 15, Dolland House, Newburn Street, London, Greater London SE11 5LR	-	-	3	Flat
£535K	10/23	0.5 mi	Flat 38, Newman House, St Georges Road, London, Greater London SE1 6HE	-	-	3	Flat
£650K	02/21	0.51 mi	1a, Loughborough Street, London, Greater London SE11 5RB	£4,248	153	3	Flat
£860K	02/23	0.51 mi	Apartment 616, West Block, Forum Magnum Square, London, Greater London SE1 7GL	-	-	3	Flat
£471K	06/21	0.51 mi	Flat 37, Grover House, Vauxhall Street, London, Greater London SE11 5LJ	-	-	3	Flat
£480K	01/23	0.51 mi	7, Aveline Street, London, Greater London SE11 5DJ	£6,246	77	3	Flat
£690K	07/23	0.52 mi	Basement And Ground Floor Flat, 361, Kennington Road, London, Greater London SE11 4QE	-	-	3	Flat
£500K	02/21	0.54 mi	Flat 3, Portia Court, Opal Street, London, Greater London SE11 4SA	-	-	3	Flat
£1.3M	11/23	0.58 mi	Flat 65, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	3	Flat
£880K	03/23	0.59 mi	Flat 7, Millais House, Marsham Street, London, Greater London SW1P 4JN	-	-	3	Flat
£1.4M	10/23	0.6 mi	Flat 32, Westminster Mansions, Great Smith Street, London, Greater London SW1P 3BP	-	-	3	Flat
£772.5K	10/21	0.62 mi	Flat 1, Reynolds House, Erasmus Street, London, Greater London SW1P 4HP	-	-	3	Flat
£610K	12/22	0.63 mi	Flat 18, Bennett House, Page Street, London, Greater London SW1P 4ET	£8,472	72	3	Flat
£932K	05/23	0.63 mi	Flat 48, Ruskin House, Erasmus Street, London, Greater London SW1P 4HU	-	-	3	Flat
£750K	06/21	0.64 mi	93, Alberta Street, London, Greater London SE17 3RU	£11,029	68	3	Flat
£525K	08/23	0.66 mi	Flat 4, Edric House, Page Street, London, Greater London SW1P 4ER	-	-	3	Flat
£600K	01/23	0.66 mi	Flat 60, Tothill House, Page Street, London, Greater London SW1P 4DH	-	-	3	Flat
£765K	04/21	0.67 mi	Flat 15, Leighton House, John Islip Street, London, Greater London SW1P 4EA	-	-	3	Flat
£680K	06/21	0.68 mi	54, Ambergate Street, London, Greater London SE17 3RX	-	-	3	Flat
£1.7M	10/23	0.68 mi	Flat 62, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	3	Flat
£759.4K	04/23	0.68 mi	Flat 17, Landseer House, Cureton Street, London, Greater London SW1P 4EB	-	-	3	Flat
£870K	09/21	0.69 mi	Flat 39, Turner House, Erasmus Street, London, Greater London SW1P 4DZ	-	-	3	Flat
£675K	01/21	0.7 mi	Flat 6, Clandon House, Boyfield Street, London, Greater London SE1 0SD	-	-	3	Flat
£1.0M	03/21	0.71 mi	Flat 15, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	3	Flat
£990K	09/23	0.71 mi	Flat 8, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	3	Flat
£498.4K	09/21	0.72 mi	Flat 5, Harleyford Court, Harleyford Road, London, Greater London SE11 5BG	-	-	3	Flat
£1.1M	09/23	0.73 mi	Flat 2, Octavia House, Medway Street, London, Greater London SW1P 2TA	-	-	3	Flat
£610K	03/24	0.78 mi	27, Ebbisham Drive, London, Greater London SW8 1UB	£6,630	92	3	Flat
£480K	03/21	0.82 mi	32, Marsland Close, London, Greater London SE17 3JW	£6,234	77	3	Flat
£495K	12/20	0.83 mi	Flat 36, Conant House, St Agnes Place, London, Greater London SE11 4AY	-	-	3	Flat
£525K	06/23	0.86 mi	7, Pasley Close, London, Greater London SE17 3JY	£6,563	80	3	Flat
£470.3K	03/21	0.86 mi	8, Borrett Close, London, Greater London SE17 3JF	£5,405	87	3	Flat
£470K	01/23	0.86 mi	6, Borrett Close, London, Greater London SE17 3JF	£5,402	87	3	Flat
£492.9K	03/23	0.86 mi	Flat 45, Collinson Court, Great Suffolk Street, London, Greater London SE1 1PA	-	-	3	Flat
£475K	10/21	0.86 mi	Flat 44, Collinson Court, Great Suffolk Street, London, Greater London SE1 1PA	-	-	3	Flat
£424.2K	06/23	0.88 mi	37, Lorrimore Square, London, Greater London SE17 3QU	£6,238	68	3	Flat
£687K	01/23	0.9 mi	63b, Larcom Street, London, Greater London SE17 1NJ	-	-	3	Flat
£380K	08/21	0.91 mi	Flat 25, Morton House, Brandon Estate, London, Greater London SE17 3NW	-	-	3	Flat
£683K	03/21	0.92 mi	84, Carter Street, London, Greater London SE17 3EW	£8,432	81	3	Flat

Local Rents

50 rents from £2.4K/mo to £12K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,648	08/24	0.07 mi	Regina Court	3	Flat
£2,648	08/24	0.07 mi	Lambeth RD , London	3	Flat
£3,500	03/25	0.14 mi	-	3	Flat
£3,000	08/24	0.14 mi	Lambeth Road, London, SE1	3	Flat
£2,999	08/24	0.15 mi	Fitzalan Street, SE11	3	Flat
£2,850	08/24	0.15 mi	Pory House, 149 Lambeth Walk, London, SE11	3	Flat
£5,417	12/24	0.18 mi	Palace View, Lambeth High Street, Lambeth SE1	3	Flat
£3,000	08/24	0.19 mi	Lambeth Walk, London, SE11	3	Flat
£4,250	12/24	0.2 mi	Parliament View Apartments, 1 Albert Embankment, London, SE1 7XN	3	Flat
£3,200	09/24	0.21 mi	-	3	Flat
£3,250	08/24	0.21 mi	Kennington Road, London, SE11	3	Terraced House
£3,200	08/24	0.21 mi	Lambeth Walk London SE11	3	House
£4,250	04/25	0.21 mi	-	3	Flat
£4,311	08/24	0.21 mi	Kennington Road, Lambeth, London, SE11	3	Terraced House
£4,333	08/24	0.22 mi	Parliament View Apartments, 1, Albert Embankment, London, SE1	3	Flat
£4,333	12/24	0.22 mi	Parliament View Apartments, 1, Albert Embankment, London, SE1	3	Flat
£12,000	08/24	0.22 mi	Parliament View Apartments, Albert Embankment, London, SE1	3	Flat
£5,997	08/24	0.23 mi	Parliament View, Albert Embankment, London, SE1	3	Flat
£6,000	08/24	0.23 mi	Palm House, Vauxhall, London, SE11	3	Flat
£4,498	12/24	0.23 mi	Parliament View Apartments, 1 Albert Embankment, London	3	Flat
£2,950	08/24	0.25 mi	Groome House, London, SE11	3	Flat
£2,950	08/24	0.25 mi	-	3	Flat
£2,950	04/25	0.25 mi	-	3	Flat
£3,500	08/24	0.25 mi	Walcot Square, London, SE11	3	Terraced House
£3,000	10/24	0.28 mi	-	3	Flat
£2,400	02/25	0.28 mi	-	3	Flat
£2,500	01/25	0.28 mi	-	3	Flat
£3,100	09/24	0.28 mi	-	3	Flat
£3,813	08/24	0.28 mi	Black Prince Road, London, SE1	3	Flat
£3,813	12/24	0.28 mi	Black Prince Road, London, SE1	3	Flat
£3,400	12/24	0.28 mi	-	3	Flat
£3,900	08/24	0.28 mi	Walcot Square, London, SE11	3	Terraced House
£3,750	08/24	0.3 mi	Albert Embankment, SE1 7HG	3	Flat
£3,750	02/24	0.3 mi	-	3	Flat
£2,817	09/24	0.31 mi	Tyers Street, Vauxhall, SE11	3	Flat
£2,650	11/24	0.33 mi	-	3	Flat
£3,250	08/24	0.35 mi	Sullivan Road, London, SE11	3	Terraced House
£3,250	08/24	0.35 mi	Sullivan Road, Sullivan Road	3	Terraced House
£3,250	08/24	0.35 mi	Sullivan Road London SE11	3	Flat
£2,500	03/25	0.36 mi	-	3	Flat
£3,450	08/24	0.36 mi	Sullivan Road, Elephant and Castle, London SE11	3	Terraced House
£3,200	02/25	0.37 mi	-	3	Terraced House
£4,000	12/24	0.37 mi	Cottesloe Mews, London, SE1 7RU	3	Flat
£2,750	08/24	0.37 mi	Sancroft Street, London	3	Flat
£3,749	08/24	0.38 mi	Sancroft Street, Kennington, London, SE11	3	Flat
£8,017	08/24	0.38 mi	The Corniche, Tower Two, 23 Albert Embankment, Vauxhall, London, SE1	3	Flat
£7,000	08/24	0.38 mi	The Corniche, Albert Embankment, Westminster SE1 7GG	3	Flat
£3,500	04/25	0.38 mi	-	3	Flat
£2,850	08/24	0.39 mi	Renfrew Road, Dryden Court Renfrew Road, SE11	3	Flat
£3,500	09/24	0.39 mi	-	3	Flat

Local Area Statistics

Population in SE11	21,58921,589
Population in London	4,771,9214,771,921
Town centre distance	2.35 miles away2.35 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.35 miles away0.35 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Price changed to £400,000

March 12, 2025

Listed for £450,000

January 22, 2025

Floor Plans

Description

Lovely 2nd floor flat +
3 double bedrooms +
Spacious reception room +
Private balcony +
Separate kitchen +
Amazing location near River Thames +
Secure building with lifts +

This lovely 2nd floor flat offers 3 double bedrooms, separate kitchen, and a spacious reception room which leads onto the private balcony.

This property is minutes from the River Thames, and is only a short walk away from Lambeth North Station and the amenities that surround it.

Please use the reference CHPK0809847 when contacting Foxtons.

Agent Details

Foxtons, Vauxhall

020 3889 9056

Next Steps?

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

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