2 Bed Flat, Single Let, London, SW10 0UG, £625,000

The Quadrangle, Chelsea Harbour, London, SW10 0UG - 1 views - 2 months ago

Auction

BTL

ROI: 3%

~68 m²

+6 photos

ValuationUndervalued

Sold Prices	£330K - £1.6M
Sold Prices/m²	£6K/m² - £20.4K/m²

Square Metres	~68.11 m²
Price/m²	£9.2K/m²
Value Estimate	£740,607£740,607
BMV	18%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£156,250£156,250
Stamp Duty & Legal Fees	£38,700£38,700
Total Cash In	£194,950£194,950

Cash Out
Rent Range	£2,750 - £6,500£2,750 - £6,500
Rent Estimate	£3,088
Running Costs/mo	£2,591£2,591
Cashflow/mo	£497£497
Cashflow/yr	£5,967£5,967
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £330K to £1.6M, average is £746.9K. £6K/m² to £20.4K/m², average is £10.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£875K	06/21	0.01 mi	38, The Quadrangle, London, Greater London SW10 0UG	£7,955	110	2	Flat
£865K	06/21	0.05 mi	53, Carlyle Court, London, Greater London SW10 0UQ	£9,611	90	2	Flat
£1.4M	02/21	0.08 mi	Flat 4, Admiral Court, Admiral Square, London, Greater London SW10 0UU	-	-	2	Flat
£1.6M	08/21	0.08 mi	Flat 1, Admiral Court, Admiral Square, London, Greater London SW10 0UU	-	-	2	Flat
£880K	03/21	0.08 mi	24, King's Quay, London, Greater London SW10 0UX	£9,778	90	2	Flat
£1.3M	01/23	0.16 mi	56, Chelsea Crescent, London, Greater London SW10 0XB	£8,862	145	2	Flat
£915K	03/21	0.18 mi	36, Upcerne Road, London, Greater London SW10 0SQ	£11,024	83	2	Flat
£600K	02/21	0.19 mi	39b, Uverdale Road, London, Greater London SW10 0SN	-	-	2	Flat
£595K	12/23	0.22 mi	Apartment 40, Harbour Reach, The Boulevard, Imperial Wharf, London, Greater London SW6 2SS	-	-	2	Flat
£785K	02/21	0.22 mi	Apartment 35, Harbour Reach, The Boulevard, Imperial Wharf, London, Greater London SW6 2SS	-	-	2	Flat
£765K	08/21	0.22 mi	Apartment 37, Thames Point, The Boulevard, Imperial Wharf, London, Greater London SW6 2SX	-	-	2	Flat
£740K	11/20	0.24 mi	Flat 10, Fountain House, The Boulevard, Imperial Wharf, London, Greater London SW6 2TQ	-	-	2	Flat
£1.0M	02/21	0.24 mi	31a, Cremorne Road, London, Greater London SW10 0NB	-	-	2	Flat
£800K	07/23	0.25 mi	Flat 43, Fountain House, The Boulevard, Imperial Wharf, London, Greater London SW6 2TQ	-	-	2	Flat
£500K	02/23	0.25 mi	55, Maltings Place, London, Greater London SW6 2BX	£13,514	37	2	Flat
£1.4M	02/23	0.26 mi	Flat 47, Mathison House, Coleridge Gardens, London, Greater London SW10 0RR	-	-	2	Flat
£1.1M	02/23	0.26 mi	Flat 1, Cornwall Mansions, Cremorne Road, London, Greater London SW10 0PE	-	-	2	Flat
£810K	09/23	0.26 mi	Flat 24, Valiant House, Vicarage Crescent, London, Greater London SW11 3LU	-	-	2	Flat
£640K	07/23	0.31 mi	41, Elbe Street, London, Greater London SW6 2QP	£9,697	66	2	Flat
£910K	11/23	0.31 mi	Flat 16, Dolphin House, Lensbury Avenue, London, Greater London SW6 2GY	-	-	2	Flat
£505K	02/23	0.32 mi	Flat 35, Blantyre Tower, Worlds End Estate, London, Greater London SW10 0EH	-	-	2	Flat
£1.1M	04/23	0.32 mi	Flat 10, Mathison House, Coleridge Gardens, London, Greater London SW10 0RR	-	-	2	Flat
£515K	08/23	0.33 mi	Flat 28, Greaves Tower, Worlds End Estate, London, Greater London SW10 0EA	-	-	2	Flat
£935K	11/20	0.33 mi	538c, Kings Road, London, Greater London SW10 0UB	-	-	2	Flat
£550K	11/21	0.34 mi	Flat 25, Eaton House, Vicarage Crescent, London, Greater London SW11 3LE	-	-	2	Flat
£635K	01/21	0.34 mi	22a, Tynemouth Street, London, Greater London SW6 2QT	-	-	2	Flat
£572.5K	12/20	0.34 mi	42a, Tynemouth Street, London, Greater London SW6 2QT	-	-	2	Flat
£563K	08/23	0.34 mi	42a, Tynemouth Street, London, Greater London SW6 2QT	-	-	2	Flat
£362.1K	06/21	0.36 mi	Flat 2, King Charles House, Wandon Road, London, Greater London SW6 2JH	-	-	2	Flat
£1.3M	05/23	0.37 mi	Flat 8, Bailey House, Coleridge Gardens, London, Greater London SW10 0RG	-	-	2	Flat
£680K	05/23	0.37 mi	Flat 51, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£575K	06/21	0.37 mi	Flat 35, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£575K	04/23	0.37 mi	Flat 52, Nevill Court, Edith Terrace, London, Greater London SW10 0TL	-	-	2	Flat
£350K	12/23	0.38 mi	9e, Thorney Crescent, London, Greater London SW11 3TR	£6,034	58	2	Flat
£565K	01/21	0.38 mi	Flat 10, Winfield House, Vicarage Crescent, London, Greater London SW11 3LN	£12,021	47	2	Flat
£540K	10/21	0.38 mi	Flat 24, White House, Vicarage Crescent, London, Greater London SW11 3LJ	-	-	2	Flat
£1.1M	07/21	0.39 mi	5b, Bovingdon Road, London, Greater London SW6 2AP	-	-	2	Flat
£793.5K	04/21	0.4 mi	41, Glenrosa Street, London, Greater London SW6 2QY	£10,723	74	2	Flat
£715K	06/21	0.4 mi	9g, Thorney Crescent, London, Greater London SW11 3TR	£11,464	62	2	Flat
£330K	06/21	0.4 mi	Flat 25, Jepson House, Pearscroft Road, London, Greater London SW6 2BG	-	-	2	Flat
£700K	08/23	0.4 mi	28d, Thorney Crescent, London, Greater London SW11 3TT	£11,864	59	2	Flat
£515K	10/20	0.41 mi	First Floor Flat, 46, Gunter Grove, London, Greater London SW10 0UJ	£11,196	46	2	Flat
£753.8K	08/21	0.41 mi	Flat B, 10, New Kings Road, London, Greater London SW6 4SA	£20,372	37	2	Flat
£780K	06/23	0.41 mi	8a, Glenrosa Street, London, Greater London SW6 2QZ	£13,441	58	2	Flat
£640K	12/20	0.41 mi	29, Cobalt Place, London, Greater London SW11 3AZ	£8,533	75	2	Flat
£687.5K	04/23	0.41 mi	28, Cobalt Place, London, Greater London SW11 3AZ	£9,549	72	2	Flat
£835K	07/23	0.41 mi	First Floor Flat, 140, Stephendale Road, London, Greater London SW6 2PJ	-	-	2	Flat
£600K	06/21	0.42 mi	2, 38, Fernshaw Road, London, Greater London SW10 0TF	-	-	2	Flat
£905K	08/21	0.43 mi	1a, Broughton Road, London, Greater London SW6 2LE	£11,037	82	2	Flat
£770K	03/21	0.44 mi	Flat 1, Milliner House, Hortensia Road, London, Greater London SW10 0QB	-	-	2	Flat

Local Rents

50 rents from £2.8K/mo to £6.5K/mo, average is £4.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,250	09/24	0.01 mi	Chelsea Harbour London SW10	2	Flat
£4,442	09/24	0.01 mi	-	2	Flat
£3,500	09/24	0.02 mi	Fairview House, Chelsea Creek, London, SW6	2	Flat
£4,442	09/24	0.03 mi	Claydon House, Chelsea Waterfront	2	Flat
£4,150	09/24	0.03 mi	Waterfront Drive, Cheslea, SW10	2	Flat
£4,150	09/24	0.03 mi	Waterfront Drive, Cheslea, SW10	2	Flat
£4,000	09/24	0.03 mi	Waterfront Drive, Cheslea, SW10	2	Flat
£4,500	09/24	0.03 mi	Waterfront Drive, Cheslea, SW10	2	Flat
£3,900	02/24	0.04 mi	-	2	Flat
£4,500	09/24	0.05 mi	-	2	Flat
£4,312	09/24	0.05 mi	-	2	Flat
£4,500	09/24	0.05 mi	-	2	Flat
£4,500	12/24	0.05 mi	-	2	Flat
£4,750	03/25	0.05 mi	-	2	Flat
£5,096	09/24	0.05 mi	Carlyle Court, Chelsea Harbour	2	Flat
£4,983	09/24	0.05 mi	Carlyle Court, Chelsea Harbour	2	Flat
£4,984	09/24	0.05 mi	Chelsea Harbour, Chelsea, London, SW10	2	Flat
£5,000	09/24	0.06 mi	Lighterman Towers, 1 Harbour Avenue, SW10	2	Flat
£4,800	09/24	0.08 mi	Chelsea Waterfront, Chelsea	2	Flat
£6,500	10/24	0.09 mi	-	2	Flat
£4,500	09/24	0.1 mi	Park Street, Chelsea Creek, London, SW6	2	Flat
£4,500	09/24	0.11 mi	Park Street, Fulham, SW6	2	Flat
£4,333	09/24	0.11 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	2	Flat
£4,000	09/24	0.11 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	2	Flat
£4,150	09/24	0.11 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	2	Flat
£4,500	09/24	0.11 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	2	Flat
£4,500	09/24	0.11 mi	Chelsea Creek, Fulham	2	Flat
£4,147	09/24	0.11 mi	Chelsea Waterfront, Waterfront Drive, Chelsea, SW10	2	Flat
£3,500	09/24	0.11 mi	-	2	Flat
£3,590	09/24	0.11 mi	-	2	Flat
£3,600	09/24	0.11 mi	Chelsea Creek, London, SW6	2	Flat
£3,358	09/24	0.12 mi	Dockside House, Chelsea Creek	2	Flat
£4,150	09/24	0.12 mi	-	2	Flat
£4,150	09/24	0.12 mi	-	2	Flat
£4,000	09/24	0.12 mi	-	2	Flat
£4,500	09/24	0.12 mi	-	2	Flat
£3,950	04/25	0.12 mi	-	2	Flat
£3,575	09/24	0.13 mi	Doulton House, SW6	2	Flat
£4,200	01/25	0.13 mi	-	2	Flat
£3,500	09/24	0.13 mi	Savoy House, Chelsea Creek, London, SW6	2	Flat
£4,275	09/24	0.13 mi	-	2	Flat
£2,750	01/25	0.13 mi	-	2	House
£3,300	09/24	0.13 mi	Doulton House, Chelsea Creek SW6	2	Flat
£3,300	09/24	0.13 mi	Park Street, London, SW6	2	Flat
£3,380	02/24	0.13 mi	-	2	Flat
£4,500	09/24	0.13 mi	Chelsea Creek Tower, Park Street, Fulham, SW6	2	Flat
£4,008	09/24	0.13 mi	Countess House, Park Street, Chelsea Creek, London, SW6	2	Flat
£3,705	09/24	0.14 mi	Bridgewater Avenue, London, SW6	2	Flat
£2,925	09/24	0.15 mi	Tadema Road, Chelsea, London, SW10	2	Terraced House
£4,500	10/24	0.15 mi	-	2	Flat

Local Area Statistics

Population in SW10	18,51018,510
Population in London	4,771,9214,771,921
Town centre distance	4.84 miles away4.84 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.12 miles away0.12 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+8%+8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-17%-17%

Property History

Listed for £625,000

January 29, 2025

Description

This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than two working days from the bidding closing time. +
This listing is provided in association with Foxtons, London's leading estate agent. +
Fantastic and stylish two bedroom two bathroom apartment +
Third floor with private balcony +
Ample storage spaces +
Lift access and secured block with porter +
Luxury riverside development +
Gross internal floor area is approximately 950 Sq Ft (88.26 Sq M) +
Online Auction on Thursday, 27 February 2025 +

This stunning two bedroom apartment, situated on thirrd floor flat offers stylish and spacious living spaces seamlessly connected with a private balcony within a great modern development with lift and porter. Additional Comments BidX1 and Foxtons are working in Partnership as Joint Agents for the online auction and due to this any enquiries, viewings, bids or offers on the property will require your details to be shared between both Bidx1 & Foxtons. Viewings are by appointment only unless open house times are displayed, please contact us to book your appointment with our Auction teams. Subject to confirmation This means the buyer is invited to place a bid at or above the opening bid price of the listed property. Once bidding is closed, the vendor has 48 hours to decide if they want to accept the highest bid or not. If you are not the highest bidder your participation fee will be refunded in full within a maximum of 5 business days (unless delayed by the card provider) post the bidding closing time. If you are successful following vendor acceptance, in accordance with the authority you provided on registration, BidX1 will sign legally binding contracts relating to the sale of the property on behalf of you and the vendor.

Location:
Situated just moments from the River Thames and within easy reach of a wide range of shops, bars and cafés on King's Road and Fulham Broadway. The closest stations are Imperial Wharf (National Rail) and Fulham Broadway Underground Station (District Line).

Tenancy:
Please refer to legal documents.

Accomodation:
Third floor: reeception room, kitchen, main bedroom en suite, second bedroom and bathroom.

Online Auction on Thursday, 27 February 2025. For further information, such as legal documents and property information, please visit bidx1.com.

Agent Details

BidX1, London

020 3910 6202

Next Steps?

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

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