2 Bed Flat, Single Let, SW1P 4ER £530,000

Edric House, Page Street, Westminster, London, SW1P 4ERP - 27 views - 9 months ago

BTL

ROI: 3%

~53 m²

ValuationUndervalued

Sold Prices	£455K - £1.4M
Sold Prices/m²	£3.7K/m² - £20.4K/m²

Square Metres	~52.59 m²
Price/m²	£10.1K/m²
Value Estimate	£661,359£661,359
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£132,500£132,500
Stamp Duty & Legal Fees	£41,700£41,700
Total Cash In	£174,200£174,200

Cash Out
Rent Range	£761 - £7,583£761 - £7,583
Rent Estimate	£2,624
Running Costs/mo	£2,201£2,201
Cashflow/mo	£423£423
Cashflow/yr	£5,075£5,075
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £455K to £1.4M, average is £715K. £3.7K/m² to £20.4K/m², average is £10K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£690K	08/25	0.01 mi	Flat 2, 102 Altayyar House, Marsham Street, London SW1P 4EL	-	-	2	Flat
£596K	04/23	0.03 mi	Flat 67, Bennett House, Page Street, London, Greater London SW1P 4EU	-	-	2	Flat
£530K	04/23	0.03 mi	Flat 36, Bennett House, Page Street, London, Greater London SW1P 4ET	-	-	2	Flat
£950K	03/25	0.04 mi	79, Penthouse 2, Marsham Street, London SW1P 4SB	£3,668	259	2	Flat
£1.1M	06/25	0.04 mi	Flat G09, 79, Marsham Street, London SW1P 4SA	£20,370	54	2	Flat
£1.1M	06/25	0.04 mi	Flat G09, 79, Marsham Street, London SW1P 4SA	-	-	2	Flat
£455K	01/25	0.05 mi	Tothill House, Flat 42, Page Street, London SW1P 4DQ	£7,459	61	2	Flat
£1.3M	01/24	0.05 mi	Westminster Gardens, Flat 12, Marsham Street, London, Greater London SW1P 4JA	£12,619	105	2	Flat
£1.4M	03/25	0.06 mi	Flat 58, Westminster Gardens, Marsham Street, London SW1P 4JG	£11,508	126	2	Flat
£1.4M	03/25	0.06 mi	Flat 58, Westminster Gardens, Marsham Street, London SW1P 4JG	-	-	2	Flat
£1.4M	06/23	0.06 mi	Flat 47, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG	-	-	2	Flat
£565K	03/25	0.08 mi	Flat 69, Schomberg House, Page Street, London SW1P 4BP	£8,692	65	2	Flat
£470K	05/25	0.09 mi	Flat 54, Jessel House, Page Street, London SW1P 4BH	-	-	2	Flat
£550K	11/24	0.11 mi	Probyn House, Flat 70, Page Street, London SW1P 4BQ	£10,577	52	2	Flat
£520K	05/25	0.11 mi	Flat 72, Probyn House, Page Street, London SW1P 4BQ	£9,811	53	2	Flat
£520K	05/25	0.11 mi	Flat 72, Probyn House, Page Street, London SW1P 4BQ	-	-	2	Flat
£575K	06/21	0.11 mi	Flat 27, Probyn House, Page Street, London, Greater London SW1P 4BG	£9,583	60	2	Flat
£650K	11/21	0.11 mi	Flat 8, Vincent House, Regency Street, London, Greater London SW1P 4BX	-	-	2	Flat
£720K	12/22	0.11 mi	Flat 15, Morland House, Marsham Street, London, Greater London SW1P 4JQ	-	-	2	Flat
£720K	05/21	0.12 mi	Flat 11, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£1.1M	06/21	0.12 mi	Flat 57, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£780K	09/23	0.12 mi	Flat 40, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF	-	-	2	Flat
£580K	03/25	0.12 mi	Flat 70, Norfolk House, Regency Street, London SW1P 4BE	£9,206	63	2	Flat
£580K	03/25	0.12 mi	Flat 70, Norfolk House, Regency Street, London SW1P 4BE	-	-	2	Flat
£620K	08/25	0.13 mi	Flat 16, 4, Regency Street, London SW1P 4BZ	-	-	2	Flat
£812.5K	03/25	0.14 mi	Flat 56, Dolben Court, Montaigne Close, London SW1P 4BB	£9,909	82	2	Flat
£812.5K	03/25	0.14 mi	Flat 56, Dolben Court, Montaigne Close, London SW1P 4BB	-	-	2	Flat
£860K	08/23	0.14 mi	Flat 1, Dolben Court, Montaigne Close, London, Greater London SW1P 4BB	-	-	2	Flat
£790K	03/25	0.14 mi	5 Vestry Court, Flat 30, Monck Street, London SW1P 2BW	£11,791	67	2	Flat
£870.5K	03/25	0.15 mi	47 Romney House, Flat 114, Marsham Street, London SW1P 3DR	£11,764	74	2	Flat
£735K	02/25	0.15 mi	47 Romney House, Flat 223, Marsham Street, London SW1P 3DR	£9,932	74	2	Flat
£515K	03/25	0.15 mi	Flat G10, Romney House, Marsham Street, London SW1P 3DR	-	-	2	Flat
£710K	04/25	0.15 mi	Flat 610, 47 Romney House, Marsham Street, London SW1P 3DS	-	-	2	Flat
£887K	05/25	0.15 mi	Flat 201, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	2	Flat
£710K	04/25	0.15 mi	Flat 610, 47 Romney House, Marsham Street, London SW1P 3DS	-	-	2	Flat
£887K	05/25	0.15 mi	Flat 201, 47 Romney House, Marsham Street, London SW1P 3DR	-	-	2	Flat
£515K	03/25	0.15 mi	Flat G10, Romney House, Marsham Street, London SW1P 3DR	-	-	2	Flat
£652.5K	12/23	0.15 mi	Hogarth House, Flat 10, Erasmus Street, London SW1P 4HS	£10,038	65	2	Flat
£645K	06/23	0.15 mi	Flat 27, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£662.5K	07/23	0.15 mi	Flat 14, Rossetti House, Erasmus Street, London, Greater London SW1P 4HT	-	-	2	Flat
£695K	06/21	0.16 mi	Flat 44, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£665K	12/22	0.16 mi	Flat 5, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£725K	06/23	0.16 mi	Flat 50, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£660K	11/23	0.16 mi	Flat 8, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£740K	11/24	0.16 mi	34 Bentinck House, Flat 203, Monck Street, London SW1P 2BF	£16,818	44	2	Flat
£940K	08/21	0.17 mi	Flat 16, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	2	Flat
£700K	01/23	0.18 mi	Flat 49, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£725K	06/21	0.18 mi	Flat 3, Ormond House, Medway Street, London, Greater London SW1P 2TB	-	-	2	Flat
£755K	12/22	0.18 mi	Flat 23, Tufton Court, Tufton Street, London, Greater London SW1P 3QH	-	-	2	Flat
£835K	10/24	0.19 mi	3 Royal Westminster Lodge, Flat 31, Elverton Street, London SW1P 2QW	£11,438	73	2	Flat

Local Rents

50 rents from £761/mo to £7.6K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,683	09/24	0.01 mi	Altayyar House, 102 Marsham Street, Westminster, London, SW1P	2	Flat
£3,033	10/25	0.01 mi	Altayyar House, Marsham Street, Westminster, London SW1P	2	Flat
£3,683	09/25	0.02 mi	Page Street, Westminster, London, SW1P	2	Flat
£2,050	05/25	0.02 mi	Page Street, London, SW1P	2	Flat
£3,850	11/25	0.02 mi	Marsham Street, London	2	Flat
£3,501	08/25	0.02 mi	Marsham Court, Marsham Street, Westminster, London, SW1P	2	Flat
£2,450	09/24	0.02 mi	-	2	Flat
£2,700	02/25	0.02 mi	-	2	Flat
£2,665	09/24	0.02 mi	Marsham Court, Marsham Street, Westminster, SW1P	2	Flat
£3,500	07/25	0.02 mi	Marsham Street, London, SW1P	2	Flat
£3,500	08/25	0.02 mi	Marsham Street, London	2	Flat
£3,000	11/25	0.02 mi	Marsham Court, Marsham Street, SW1P	2	Flat
£3,000	10/25	0.02 mi	Marsham Street, London, SW1P	2	Flat
£2,600	11/24	0.02 mi	-	2	Flat
£2,700	12/24	0.02 mi	-	2	Flat
£3,000	11/25	0.02 mi	Marsham Street Westminster SW1P	2	Flat
£7,583	11/25	0.03 mi	Westminster Gardens, Marsham Street	2	Flat
£5,000	05/25	0.03 mi	Marsham Street, Westminster, London, SW1P	2	Flat
£2,500	06/25	0.03 mi	Page Street, London	2	Flat
£3,500	09/24	0.03 mi	Page Street, London, SW1P	2	Flat
£3,400	11/25	0.03 mi	Page Street, London, SW1P	2	Flat
£3,300	09/24	0.03 mi	-	2	Flat
£3,500	09/24	0.03 mi	-	2	Flat
£3,400	11/25	0.03 mi	-	2	Flat
£3,250	10/25	0.03 mi	Page Street, London, SW1P	2	Flat
£3,142	09/25	0.03 mi	Neville House, 19 Page Street, Westminster, London, SW1P	2	Flat
£3,358	09/25	0.03 mi	Neville House, 19 Page Street, Westminster, London, SW1P	2	Flat
£3,358	08/25	0.03 mi	Page Street,London,SW1P	2	Flat
£7,000	09/24	0.04 mi	Westminster Gardens, Marsham Street, Westminster, SW1P	2	Flat
£3,250	05/25	0.04 mi	Page Street, Westminster	2	Flat
£3,683	11/25	0.04 mi	Page Street, Westminster, London, SW1P	2	Flat
£4,550	06/24	0.04 mi	Marsham Street, Westminster, SW1P	2	Flat
£4,767	07/25	0.04 mi	St Johns Building, 79 Marsham Street, Westminster	2	Flat
£761	06/25	0.04 mi	Marsham Street, London, SW1P	2	Flat
£5,000	06/25	0.04 mi	St. Johns Building, Marsham Street, SW1P	2	Flat
£4,767	10/25	0.04 mi	St Johns Building, 79 Marsham Street, SW1P	2	Flat
£5,000	05/25	0.04 mi	-	2	Flat
£2,999	06/25	0.04 mi	19 Page Street, London, SW1P 4JX	2	Flat
£3,700	06/25	0.04 mi	St. John's Building Marsham Street London , ,	2	Flat
£4,333	09/25	0.04 mi	St. Johns Building, 79 Marsham Street, London, SW1P	2	Flat
£4,000	05/25	0.04 mi	Westminster Gardens, Marsham Street, Westminster, London, SW1P	2	Flat
£3,250	10/25	0.04 mi	St. Johns Building, 79 Marsham Street, London, SW1P	2	Flat
£3,250	11/25	0.04 mi	St. Johns Building, 79 Marsham Street, London, SW1P	2	Flat
£3,878	09/24	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London, SW1P	2	Flat
£5,200	10/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London SW1P	2	Flat
£4,996	06/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster	2	Flat
£4,333	10/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London, SW1P	2	Flat
£3,878	09/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London, SW1P	2	Flat
£3,445	11/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London SW1P	2	Flat
£5,178	10/25	0.05 mi	St Johns Building, 79 Marsham Street, Westminster, London SW1P	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.43 miles away0.43 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	-26%-26%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-23%-23%

Property History

Listed for £530,000

February 3, 2025

Floor Plans

Description

Two double bedrooms +
Third floor +
Lift +
Close to amenities +

A two bedroom flat located on Page Street which is part of the Grosvenor Estate. This property is located on the third floor within this Lutyens Block and benefits from a separate kitchen, bathroom, wood flooring throughout. The apartment would make an ideal buy-to-let or pied-a-terre. The property has low outgoings. The property is currently Tenanted but will be sold with vacant possession. Page Street is located in the Heart of Westminster and close to all the amenities of Victoria Street. Transportation is provided via Victoria (Victoria, Circle, District and Mainline Services) and St James's Park (Circle and District).

Agent Details

Century 21 London Central, Westminster

020 3869 5751

Next Steps?

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