2 Bed Flat, Single Let, London, SW1V 4EG, £750,000

Gloucester Street, London, SW1V 4EGV - 2 months ago

Leasehold

BTL

~78 m²

+9 photos

ValuationUndervalued

Sold Prices	£440K - £1.3M
Sold Prices/m²	£6.7K/m² - £24.6K/m²

Square Metres	~78.03 m²
Price/m²	£9.6K/m²
Value Estimate	£907,500£907,500
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£187,500£187,500
Stamp Duty & Legal Fees	£48,700£48,700
Total Cash In	£236,200£236,200

Cash Out
Rent Range	£1,950 - £4,250£1,950 - £4,250
Rent Estimate	£2,069
Running Costs/mo	£2,778£2,778
Cashflow/mo	£-709£-709
Cashflow/yr	£-8,503£-8,503
Gross Yield	3%3%

Local Sold Prices

50 sold prices from £440K to £1.3M, average is £697.5K. £6.7K/m² to £24.6K/m², average is £12.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£640K	11/20	0.01 mi	Flat 40, Russell House, Cambridge Street, London, Greater London SW1V 4EQ	-	-	2	Flat
£760K	09/23	0.04 mi	Ground Floor Flat, 110, Cambridge Street, London, Greater London SW1V 4QF	£17,273	44	2	Flat
£1.3M	04/23	0.04 mi	Second And Third Floor Maisonette, 110, Cambridge Street, London, Greater London SW1V 4QF	-	-	2	Flat
£860K	04/21	0.05 mi	118a, Cambridge Street, London, Greater London SW1V 4QF	£12,647	68	2	Flat
£800K	04/23	0.05 mi	Basement Flat, 61, Gloucester Street, London, Greater London SW1V 4DZ	£11,268	71	2	Flat
£1.3M	04/21	0.07 mi	69a, Gloucester Street, London, Greater London SW1V 4EA	£14,793	86	2	Flat
£537.5K	02/21	0.08 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£575K	10/20	0.08 mi	Flat 2, 180, Cambridge Street, London, Greater London SW1V 4QE	£6,686	86	2	Flat
£925K	04/21	0.11 mi	9a, Gloucester Street, London, Greater London SW1V 2DB	£13,214	70	2	Flat
£790K	05/21	0.13 mi	43a, Cumberland Street, London, Greater London SW1V 4LU	£12,804	62	2	Flat
£1.1M	10/20	0.13 mi	Flat G, 23, Warwick Square, London, Greater London SW1V 2AB	£10,942	105	2	Flat
£750K	04/23	0.15 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£440K	04/21	0.16 mi	Flat 47, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£455K	02/23	0.16 mi	Flat 36, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£1.1M	06/21	0.16 mi	Second And Third Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	-	-	2	Flat
£813.3K	09/23	0.16 mi	First Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	£24,644	33	2	Flat
£950K	06/21	0.16 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat
£728K	10/23	0.16 mi	Flat 2, Clarion House, Moreton Place, London, Greater London SW1V 2NN	-	-	2	Flat
£660K	06/23	0.16 mi	Basement Flat, 9, Cumberland Street, London, Greater London SW1V 4LS	-	-	2	Flat
£515K	10/20	0.17 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.17 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£713K	04/21	0.17 mi	Flat A, 16, Sutherland Street, London, Greater London SW1V 4LA	-	-	2	Flat
£1.3M	09/23	0.17 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£830K	05/23	0.18 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat
£800K	11/20	0.18 mi	29a, Moreton Place, London, Greater London SW1V 2NL	£13,115	61	2	Flat
£500K	02/21	0.18 mi	Flat 64, Gilbert House, Churchill Gardens, London, Greater London SW1V 3HW	-	-	2	Flat
£480K	02/23	0.2 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£540K	05/23	0.2 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£520K	06/21	0.23 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£550K	03/23	0.24 mi	Flat 17, Sullivan House, Churchill Gardens, London, Greater London SW1V 3BP	-	-	2	Flat
£685K	06/21	0.27 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£590K	11/20	0.27 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£835K	09/21	0.27 mi	Basement Flat, 68, Claverton Street, London, Greater London SW1V 3AX	£12,463	67	2	Flat
£700K	02/24	0.27 mi	78, Ground Floor Flat, Claverton Street, London, Greater London SW1V 3AX	£12,727	55	2	Flat
£540K	03/23	0.29 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£796.2K	03/21	0.3 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£645K	12/20	0.33 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£1.2M	03/21	0.41 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£475K	02/23	0.42 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£675K	02/23	0.43 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£625K	01/24	0.43 mi	Semley House, Flat 43, Semley Place, London, Greater London SW1W 9QJ	£8,562	73	2	Flat
£560K	06/23	0.43 mi	Flat 37, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£830K	03/21	0.45 mi	55c, Greencoat Place, London, Greater London SW1P 1DS	£12,576	66	2	Flat
£645K	06/21	0.46 mi	Flat 9, Middleton House, Causton Street, London, Greater London SW1P 4AS	-	-	2	Flat
£800K	01/23	0.48 mi	Flat 36, Lawrence House, Cureton Street, London, Greater London SW1P 4ED	-	-	2	Flat
£695K	06/21	0.48 mi	Flat 44, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£660K	11/23	0.48 mi	Flat 8, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£725K	06/23	0.48 mi	Flat 50, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£665K	12/22	0.48 mi	Flat 5, Brunswick Court, Regency Street, London, Greater London SW1P 4AE	-	-	2	Flat
£940K	08/21	0.49 mi	Flat 16, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £4.3K/mo, average is £2.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,250	09/24	0.04 mi	-	2	Flat
£3,250	09/24	0.04 mi	-	2	Flat
£3,750	09/24	0.04 mi	-	2	Flat
£3,499	10/24	0.04 mi	-	2	Flat
£3,500	01/25	0.04 mi	-	2	Flat
£3,950	03/25	0.04 mi	-	2	Flat
£4,250	09/24	0.04 mi	Winchester Street, London, SW1V	2	Flat
£2,275	10/24	0.04 mi	-	2	Flat
£3,835	12/24	0.04 mi	-	2	Flat
£3,250	10/24	0.04 mi	-	2	Flat
£3,325	09/24	0.05 mi	St Georges Drive, Pimlico, SW1V	2	Flat
£2,695	09/24	0.05 mi	Pimlico, London, SW1V	2	Flat
£2,695	09/24	0.05 mi	-	2	Flat
£2,600	09/24	0.05 mi	Alderney Street, Pimlico / Victoria SW1V	2	Flat
£3,900	01/25	0.05 mi	-	2	Flat
£3,200	03/25	0.05 mi	-	2	Flat
£2,400	09/24	0.05 mi	Gloucester Street, London, SW1V	2	Flat
£2,400	12/24	0.05 mi	-	2	Flat
£3,010	09/24	0.06 mi	-	2	Flat
£3,500	09/24	0.06 mi	-	2	Flat
£3,000	02/25	0.07 mi	-	2	Flat
£2,750	09/24	0.09 mi	St Georges Drive, Pimlico, SW1V	2	Flat
£3,250	09/24	0.09 mi	Bonington House, 16 Gloucester Street, Pimlico, London, SW1V	2	Flat
£3,250	09/24	0.09 mi	Winchester Street, Pimlico, London, SW1V	2	Flat
£3,490	09/24	0.1 mi	Cambridge Street, London, SW1V 4PY, UK	2	Flat
£2,496	09/24	0.1 mi	Gloucester Street, Pimlico	2	Flat
£2,350	09/24	0.1 mi	Winchester Street, London, UK, SW1V	2	Flat
£3,600	04/25	0.1 mi	-	2	Flat
£2,384	09/24	0.1 mi	Gloucester Street, Pimlico, London, SW1V	2	Flat
£3,500	10/24	0.11 mi	-	2	Flat
£2,578	09/24	0.11 mi	Gloucester Street, Pimlico, SW1V	2	Flat
£2,383	09/24	0.11 mi	Alderney Street, Victoria / Pimlico SW1V	2	Flat
£3,370	09/24	0.11 mi	Sussex Street, London, SW1V 4RW, UK	2	Flat
£2,500	09/24	0.14 mi	Blackstone House, Churchill Gardens, London, SW1V	2	Flat
£3,250	09/24	0.15 mi	West Mews, Pimlico, London, SW1V	2	Terraced House
£2,525	09/24	0.15 mi	-	2	Flat
£2,400	10/24	0.15 mi	-	2	Flat
£2,400	10/24	0.15 mi	-	2	Flat
£2,500	04/25	0.15 mi	-	2	Flat
£2,600	02/25	0.15 mi	-	2	Flat
£2,708	09/24	0.15 mi	-	2	Flat
£2,600	09/24	0.15 mi	-	2	Flat
£3,467	09/24	0.15 mi	St Georges Drive, London, SW1V	2	Flat
£1,950	12/24	0.16 mi	-	2	Flat
£2,000	09/24	0.17 mi	Churchill Gardens, London, UK, SW1V	2	Flat
£2,275	09/24	0.17 mi	Belgrave Road, Pimlico	2	Flat
£2,470	09/24	0.17 mi	Churchill Gardens, London, SW1V	2	Flat
£3,200	09/24	0.17 mi	Lupus Street, Pimlico, SW1V	2	Terraced House
£3,250	09/24	0.18 mi	Moreton Place, Pimlico, London, SW1V	2	Flat
£2,600	10/24	0.18 mi	-	2	Flat

Local Area Statistics

Population in SW1	52,47852,478
Town centre distance	3.12 miles away3.12 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.34 miles away0.34 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 £750,000

February 12, 2025

Listed for £800,000

February 5, 2025

Floor Plans

Description

Contemporary finish throughout +
Open-plan kitchen and reception room, perfect for entertaining. +
Two double bedrooms, both with built-in storage +
Separate vault offering additional storage +
Sought-after location +
EPC Rating = D +

A delightful two bedroom two bedroom apartment situated in the sought-after Pimlico Grid.

Description

With a contemporary finish throughout, the property offers an open-plan kitchen and reception area, leading out onto a garden. There are two double bedrooms, both of which benefit from built-in storage, while the principal bedroom offers an en suite bathroom. A separate family bathroom, serves the second bedroom and any visiting guests. For added convenience there is a separate utility area, while a vault provides additional storage.

Location

Gloucester Street is within Pimlico's renowned 'grid', running between Sutherland Street and Belgrave Road, to the south of Victoria.

This is a location which has always been valued for its access to transport links with national rail service including the Gatwick Express available at Victoria Station, as well as underground services at both Victoria and Pimlico underground station.

Pimlico is a highly popular and convenient residential district within Prime Central London, with many charming local restaurants, cafes and boutiques which brilliantly enhance the lifestyle qualities of this historical and attractive central London location. Meanwhile, Westminster is home to many landmarks, including the Tate Gallery, Houses of Parliament and Westminster Abbey.

Pimlico Station: 0.4 miles (approximately)
Victoria Station: 0.5 miles (approximately)
Tate Britain: 0.7 miles (approximately)

Square Footage: 762 sq ft
Leasehold with approximately 118 years remaining.

Agent Details

Savills, Westminster

020 3834 8661

Next Steps?

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

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