2 Bed Terraced House, Single Let, London, SW3 3HX, £1,750,000

The Gateways, Chelsea, SW3 3HX - 3 months ago

BTL

~84 m²

+3 photos

ValuationUndervalued

Sold Prices	£803.5K - £23.5M
Sold Prices/m²	£9.5K/m² - £42.8K/m²

Square Metres	~83.90 m²
Price/m²	£20.9K/m²
Value Estimate	£1,972,483£1,972,483
BMV	13%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£437,500£437,500
Stamp Duty & Legal Fees	£209,950£209,950
Total Cash In	£647,450£647,450

Cash Out
Rent Range	£2,595 - £7,995£2,595 - £7,995
Rent Estimate	£3,029
Running Costs/mo	£6,095£6,095
Cashflow/mo	£-3,066£-3,066
Cashflow/yr	£-36,787£-36,787
Gross Yield	2%2%

Local Sold Prices

47 sold prices from £803.5K to £23.5M, average is £2.5M. £9.5K/m² to £42.8K/m², average is £22.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£3.0M	08/23	0.05 mi	3, Markham Place, London, Greater London SW3 3JX	£40,301	74	2	Terraced House
£3.0M	08/23	0.05 mi	3, Markham Place, London, Greater London SW3 3JX	£40,301	74	2	Terraced House
£2.0M	03/21	0.13 mi	7, Godfrey Street, London, Greater London SW3 3TA	£26,959	73	2	Terraced House
£2.5M	03/21	0.22 mi	1a, Moore Street, London, Greater London SW3 2QN	-	-	2	Terraced House
£3.4M	07/23	0.24 mi	10, Hasker Street, London, Greater London SW3 2LG	£25,573	131	2	Terraced House
£3.4M	07/23	0.24 mi	10, Hasker Street, London, Greater London SW3 2LG	£25,573	131	2	Terraced House
£3.4M	06/21	0.24 mi	36, First Street, London, Greater London SW3 2LD	£29,961	113	2	Terraced House
£4.9M	08/21	0.33 mi	24, Redburn Street, London, Greater London SW3 4BX	-	-	2	Terraced House
£2.9M	09/21	0.35 mi	4, Christchurch Terrace, London, Greater London SW3 4AJ	£19,863	146	2	Terraced House
£3.1M	04/23	0.38 mi	108, Pavilion Road, London, Greater London SW1X 0AX	£39,264	79	2	Terraced House
£3.5M	10/23	0.43 mi	3, Egerton Gardens Mews, London, Greater London SW3 2EH	£28,726	123	2	Terraced House
£2.5M	06/22	0.44 mi	15, Caroline Terrace, London, Greater London SW1W 8JT	£42,832	57	2	Terraced House
£2.5M	06/21	0.45 mi	1a, Caroline Terrace, London, Greater London SW1W 8JS	-	-	2	Terraced House
£4.3M	08/22	0.45 mi	36, Belgrave Mews North, London, Greater London SW1X 8RS	-	-	2	Terraced House
£3.4M	08/21	0.46 mi	70, Cadogan Lane, London, Greater London SW1X 9DY	£35,895	95	2	Terraced House
£2.6M	03/23	0.5 mi	50, Cadogan Lane, London, Greater London SW1X 9DX	£21,721	122	2	Terraced House
£2.6M	02/23	0.55 mi	14, Reece Mews, London, Greater London SW7 3HE	£19,847	131	2	Terraced House
£2.5M	01/21	0.57 mi	50a, Eaton Square, London, Greater London SW1W 9BE	£11,951	205	2	Terraced House
£1.1M	12/22	0.58 mi	1, Red Anchor Close, London, Greater London SW3 5DW	£22,374	51	2	Terraced House
£2.9M	06/21	0.59 mi	21, Ranelagh Grove, London, Greater London SW1W 8PA	£20,139	144	2	Terraced House
£2.5M	01/23	0.62 mi	17, Eaton Mews North, London, Greater London SW1X 8AR	£31,013	79	2	Terraced House
£1.3M	10/21	0.63 mi	1a, Ennismore Gardens Mews, London, Greater London SW7 1HX	-	-	2	Terraced House
£1.4M	01/23	0.63 mi	17, Elm Park Lane, London, Greater London SW3 6DD	£19,595	74	2	Terraced House
£2.7M	04/23	0.63 mi	16, Manson Mews, London, Greater London SW7 5AF	£20,000	135	2	Terraced House
£1.3M	06/23	0.64 mi	2, Elm Park Lane, London, Greater London SW3 6DB	£18,497	70	2	Terraced House
£2.1M	07/21	0.65 mi	48, Cranley Mews, London, Greater London SW7 3BY	£17,456	120	2	Terraced House
£2.2M	04/21	0.68 mi	48, Ebury Mews, London, Greater London SW1W 9NY	£25,460	87	2	Terraced House
£1.8M	11/23	0.75 mi	42, Kinnerton Street, London, Greater London SW1X 8ES	£27,422	66	2	Terraced House
£3.5M	03/21	0.75 mi	22, Eaton Mews South, London, Greater London SW1W 9HP	£23,510	151	2	Terraced House
£2.6M	10/23	0.78 mi	55, Kinnerton Street, London, Greater London SW1X 8ED	£30,809	84	2	Terraced House
£1.6M	09/23	0.78 mi	10, Dove Mews, London, Greater London SW5 0LE	£18,023	86	2	Terraced House
£1.8M	03/22	0.79 mi	8, Kinnerton Place North, London, Greater London SW1X 8EJ	£21,829	82	2	Terraced House
£4.1M	11/21	0.79 mi	7, Elvaston Mews, London, Greater London SW7 5HY	£29,927	137	2	Terraced House
£2.8M	03/21	0.8 mi	37, Lower Belgrave Street, London, Greater London SW1W 0LS	£17,610	159	2	Terraced House
£955.2K	08/22	0.82 mi	93a, Winchester Street, London, Greater London SW1V 4NX	£9,457	101	2	Terraced House
£2.8M	03/21	0.83 mi	37, Lower Belgrave Street, London, Greater London SW1W 0LS	£17,610	159	2	Terraced House
£1.9M	04/21	0.83 mi	28, Groom Place, London, Greater London SW1X 7BA	£20,430	93	2	Terraced House
£23.5M	11/23	0.84 mi	3, Grosvenor Crescent, London, Greater London SW1X 7EE	£23,666	993	2	Terraced House
£1.4M	11/23	0.85 mi	28, Old Barrack Yard, London, Greater London SW1X 7NP	£24,855	55	2	Terraced House
£4.1M	05/21	0.88 mi	14, Grosvenor Crescent Mews, London, Greater London SW1X 7EU	£25,309	162	2	Terraced House
£1.6M	01/23	0.91 mi	57, Hollywood Road, London, Greater London SW10 9HX	-	-	2	Semi-Detached House
£1.5M	09/22	0.93 mi	16, Hollywood Road, London, Greater London SW10 9HY	-	-	2	Terraced House
£1.0M	04/23	0.94 mi	61, Battersea Church Road, London, Greater London SW11 3LY	-	-	2	Terraced House
£11.5M	05/21	0.95 mi	9, The Little Boltons, London, Greater London SW10 9LJ	-	-	2	Semi-Detached House
£980K	03/21	0.97 mi	8, Oakfield Street, London, Greater London SW10 9JB	£22,072	44	2	Semi-Detached House
£803.5K	09/21	0.99 mi	12, Mcleods Mews, London, Greater London SW7 4HP	£15,078	53	2	Terraced House
£980K	08/23	0.99 mi	14, Mcleods Mews, London, Greater London SW7 4HP	£16,382	60	2	Terraced House

Local Rents

50 rents from £2.6K/mo to £8K/mo, average is £4.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,312	09/24	0.02 mi	The Gateways, Sprimont Place, SW3	2	Flat
£3,250	09/24	0.06 mi	Elystan Street, Chelsea	2	Flat
£7,800	09/24	0.06 mi	Sloane Avenue, London, SW3	2	Flat
£3,467	09/24	0.07 mi	Whiteheads Grove, Chelsea, London, SW3	2	Flat
£3,250	09/24	0.07 mi	Whiteheads Grove, Chelsea, London, SW3	2	Flat
£4,312	09/24	0.07 mi	Elystan Place, London, SW3	2	Flat
£2,595	02/25	0.09 mi	-	2	Flat
£4,117	09/24	0.09 mi	Bywater Street, Chelsea, London, SW3	2	Flat
£5,499	09/24	0.1 mi	Anderson Street, Chelsea, London, SW3	2	Flat
£3,300	10/24	0.14 mi	-	2	Flat
£3,497	09/24	0.15 mi	Draycott Place, Chelsea	2	Flat
£6,890	09/24	0.15 mi	Kings Road, London, SW3	2	Flat
£4,767	09/24	0.15 mi	Fulham Road, London, SW3	2	Flat
£3,493	09/24	0.15 mi	Chelsea Cloisters, Sloane Avenue, London, SW3	2	Flat
£5,850	09/24	0.15 mi	-	2	Flat
£3,033	10/24	0.15 mi	-	2	Flat
£3,100	02/24	0.15 mi	-	2	Flat
£6,673	09/24	0.15 mi	Pelham Court Mid Term Let SW3	2	Flat
£4,000	09/24	0.15 mi	Kings Road, Chelsea	2	Flat
£3,250	09/24	0.15 mi	Kings Road, Chelsea	2	Flat
£5,000	03/25	0.17 mi	-	2	Flat
£4,400	04/25	0.17 mi	-	2	Flat
£6,890	09/24	0.17 mi	Kings Road, London, SW3	2	Flat
£6,890	09/24	0.17 mi	Kings Road, London, SW3	2	Flat
£6,890	09/24	0.17 mi	-	2	Flat
£5,750	02/24	0.17 mi	-	2	Flat
£6,890	09/24	0.17 mi	Kings Road, Chelsea, SW3	2	Flat
£3,792	09/24	0.17 mi	Kings Road, Chelsea, SW3	2	Flat
£4,983	09/24	0.17 mi	Draycott Place, London, SW3	2	Flat
£5,612	09/24	0.18 mi	Draycott Place, Chelsea, SW3	2	Flat
£6,890	09/24	0.18 mi	Kings Road, Chelsea, SW3	2	Flat
£4,000	11/24	0.18 mi	-	2	Flat
£5,499	09/24	0.18 mi	Britten Street, Chelsea, London, SW3	2	Flat
£4,008	09/24	0.19 mi	Draycott Place, Chelsea, London, SW3	2	Flat
£7,995	09/24	0.19 mi	Walpole Street, SW3	2	Flat
£6,890	09/24	0.19 mi	Kings road, Chelsea, London, SW3	2	Flat
£5,000	04/25	0.2 mi	-	2	Flat
£3,750	03/25	0.2 mi	-	2	Flat
£3,350	09/24	0.2 mi	Draycott Avenue, London, SW3	2	Flat
£4,550	09/24	0.21 mi	Fulham Road, London, UK, SW3	2	Flat
£3,000	02/25	0.22 mi	-	2	Flat
£3,250	04/25	0.23 mi	-	2	Flat
£4,767	09/24	0.24 mi	Pelham Court, SW3	2	Flat
£4,550	09/24	0.24 mi	Pelham Court, SW3	2	Flat
£3,900	09/24	0.24 mi	Fulham Road, SW3	2	Flat
£4,550	09/24	0.24 mi	Fulham Road, SW3	2	Flat
£4,442	09/24	0.24 mi	Pelham Court, SW3	2	Flat
£4,767	09/24	0.24 mi	Pelham Court, SW3	2	Flat
£5,850	09/24	0.24 mi	Fulham Road, SW3	2	Flat
£3,900	09/24	0.24 mi	Fulham Road, London	2	Flat

Local Area Statistics

Population in SW3	22,08622,086
Population in London	4,771,9214,771,921
Town centre distance	3.60 miles away3.60 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.37 miles away0.37 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-16%-16%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-9%-9%

Property History

Price changed to £1,750,000

March 16, 2025

Listed for £1,810,000

January 28, 2025

Floor Plans

Description

Grade II Listed +
Secure Development +
Two Bedrooms +
Communal Courtyard +
Two Bathrooms +
Freehold +

A two bedroom, two bathroom property available for the first time in over 20 years. This property has worked perfectly as a rental investment for the current owners although would also suit someone looking for a London base.

The Gateways (built in 1934) is a well-regarded Grade II listed development, moments from Chelsea Green, Sloane Square and Pavilion Road.

Tenure: Freehold
Council Tax Band: G

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Chelsea & Belgravia

020 7590 9510

Next Steps?

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

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