2 Bed Flat, Single Let, London, NW8 8TS, £500,000

Swain Street, St Johns Wood, NW8 8TS - 2 views - 2 months ago

Leasehold

BTL

ROI: 2%

~68 m²

+5 photos

ValuationUndervalued

Sold Prices	£250K - £12.5M
Sold Prices/m²	£7.9K/m² - £15.4K/m²

Square Metres	~68.11 m²
Price/m²	£7.3K/m²
Value Estimate	£625,000£625,000
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£2,080 - £6,283£2,080 - £6,283
Rent Estimate	£2,343
Running Costs/mo	£2,051£2,051
Cashflow/mo	£292£292
Cashflow/yr	£3,503£3,503
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

51 sold prices from £250K to £12.5M, average is £720K. £7.9K/m² to £15.4K/m², average is £11.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.1M	08/21	0.13 mi	Flat 66, Abbey Lodge, Park Road, London, Greater London NW8 7RL	-	-	2	Flat
£720K	04/23	0.18 mi	Flat 20, Mordern House, Harewood Avenue, London, Greater London NW1 6NR	-	-	2	Flat
£950K	02/21	0.19 mi	Flat 118, Rossmore Court, Park Road, London, Greater London NW1 6XZ	£11,310	84	2	Flat
£638K	03/23	0.19 mi	Flat 115, Rossmore Court, Park Road, London, Greater London NW1 6XZ	-	-	2	Flat
£360K	08/23	0.19 mi	3d, Gateforth Street, London, Greater London NW8 8EH	-	-	2	Flat
£550K	09/23	0.22 mi	Flat 16, Farnham House, Harewood Avenue, London, Greater London NW1 6NT	-	-	2	Flat
£790K	01/23	0.22 mi	Flat 106, Lords View, St Johns Wood Road, London, Greater London NW8 7HG	-	-	2	Flat
£800K	10/23	0.22 mi	Flat 98, Lords View, St Johns Wood Road, London, Greater London NW8 7HG	-	-	2	Flat
£680K	08/21	0.23 mi	Flat 25, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU	-	-	2	Flat
£467.5K	10/23	0.23 mi	Flat 22, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU	-	-	2	Flat
£507.5K	03/21	0.25 mi	First Floor Flat, 59, Balcombe Street, London, Greater London NW1 6HD	£15,379	33	2	Flat
£475K	01/21	0.26 mi	Flat 12, Cotes House, Ashbridge Street, London, Greater London NW8 8DG	-	-	2	Flat
£250K	03/23	0.26 mi	Flat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG	-	-	2	Flat
£1.7M	06/23	0.29 mi	Penthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT	-	-	2	Flat
£835K	01/24	0.29 mi	Flat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT	-	-	2	Flat
£660K	12/20	0.31 mi	Flat 6, Cosway Mansions, Shroton Street, London, Greater London NW1 6UE	-	-	2	Flat
£675K	10/23	0.32 mi	3, Linhope Street, London, Greater London NW1 6ES	£7,941	85	2	Flat
£475K	08/23	0.34 mi	Flat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ	-	-	2	Flat
£725K	06/21	0.35 mi	Flat 4a, Grove End House, Grove End Road, London, Greater London NW8 9HP	-	-	2	Flat
£600K	03/23	0.35 mi	Flat 7b, Grove End House, Grove End Road, London, Greater London NW8 9HL	-	-	2	Flat
£685K	01/21	0.38 mi	Flat 189, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AR	-	-	2	Flat
£550K	09/23	0.41 mi	11c, Penfold Street, London, Greater London NW1 6RU	-	-	2	Flat
£398K	10/20	0.41 mi	63a, Lisson Street, London, Greater London NW1 5DA	£11,031	36	2	Flat
£1.0M	08/21	0.43 mi	Flat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX	-	-	2	Flat
£980K	09/21	0.43 mi	Flat 74, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX	-	-	2	Flat
£1.2M	01/23	0.43 mi	Flat 36, Chalfont Court, Baker Street, London, Greater London NW1 5RS	-	-	2	Flat
£840K	10/20	0.45 mi	Flat 409, Addison House, Grove End Road, London, Greater London NW8 9EL	-	-	2	Flat
£868K	03/21	0.45 mi	Flat 17, Clifton Court, Northwick Terrace, London, Greater London NW8 8HS	-	-	2	Flat
£761K	06/23	0.46 mi	Flat 17, Circus Lodge, Circus Road, London, Greater London NW8 9JL	-	-	2	Flat
£1.2M	06/21	0.46 mi	Flat 29, Clifton Court, Northwick Terrace, London, Greater London NW8 8HT	-	-	2	Flat
£735K	06/21	0.47 mi	Flat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE	-	-	2	Flat
£650K	10/20	0.48 mi	Flat 31, Charlbert Court, Charlbert Street, London, Greater London NW8 7BX	-	-	2	Flat
£720K	11/20	0.5 mi	Flat 9, Fettes House, Wellington Road, London, Greater London NW8 9SU	-	-	2	Flat
£720K	11/20	0.5 mi	Flat 9, Fettes House, Wellington Road, London, Greater London NW8 9SU	-	-	2	Flat
£990K	09/22	0.5 mi	First And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX	-	-	2	Flat
£905K	09/21	0.5 mi	25a, Harcourt Street, London, Greater London W1H 4HN	£14,141	64	2	Flat
£635K	04/23	0.51 mi	Flat 99, Charlbert Court, Eamont Street, London, Greater London NW8 7DA	-	-	2	Flat
£635K	05/23	0.51 mi	Flat 111, Charlbert Court, Eamont Street, London, Greater London NW8 7DA	-	-	2	Flat
£900K	03/21	0.51 mi	48a, Hamilton Terrace, London, Greater London NW8 9UJ	-	-	2	Flat
£747K	06/23	0.51 mi	66, Charles Lane, London, Greater London NW8 7SB	-	-	2	Flat
£615K	07/23	0.51 mi	Flat 35, De Walden House, Allitsen Road, London, Greater London NW8 7BA	-	-	2	Flat
£585K	06/23	0.52 mi	Flat 30, Eamont Court, Eamont Street, London, Greater London NW8 7DG	-	-	2	Flat
£12.5M	12/20	0.53 mi	61, Hamilton Terrace, London, Greater London NW8 9RG	-	-	2	Flat
£1.4M	09/23	0.55 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£1.4M	09/23	0.55 mi	Flat B, 30, Upper Montagu Street, London, Greater London W1H 1RP	-	-	2	Flat
£775K	08/23	0.55 mi	Flat 16, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU	-	-	2	Flat
£810K	09/23	0.55 mi	Flat 13, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU	-	-	2	Flat
£625K	09/23	0.55 mi	Flat 93, Townshend Court, Mackennal Street, London, Greater London NW8 7DR	-	-	2	Flat
£511K	03/21	0.56 mi	Flat 25, Cotman House, Townshend Estate, London, Greater London NW8 6JP	-	-	2	Flat
£625K	03/21	0.56 mi	Flat 99, Townshend Court, Mackennal Street, London, Greater London NW8 7DR	-	-	2	Flat
£500K	02/21	0.57 mi	Flat 2, Florence Court, Maida Vale, London, Greater London W9 1TB	-	-	2	Flat

Local Rents

50 rents from £2.1K/mo to £6.3K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,950	08/24	0.06 mi	Monroe House, 7 Lorne Close, NW8	2	Flat
£4,000	07/24	0.08 mi	Park Road, St. Johns Wood, NW8	2	Flat
£3,300	08/24	0.08 mi	Lorne Close, London, NW8	2	Flat
£4,983	07/24	0.09 mi	Crown Court, St John's Wood, NW8	2	Flat
£3,502	07/24	0.1 mi	Park Road, St John's Wood, London, NW8	2	Flat
£3,900	06/24	0.1 mi	Crown Court, Park Road, London, NW8	2	Flat
£3,995	07/24	0.1 mi	Crown Court, Park Road, London, NW8	2	Flat
£3,500	06/24	0.1 mi	Palgrave Gardens Marylebone NW1	2	Flat
£3,467	06/24	0.1 mi	Park Road, Regent's Park, London, NW1	2	Flat
£3,900	06/24	0.1 mi	Palgrave Gardens, Baker Street, London, NW1	2	Flat
£3,943	06/24	0.1 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£4,117	07/24	0.11 mi	North Bank, St John's Wood, London, NW8	2	Flat
£2,925	08/24	0.11 mi	Regent Court, St John's Wood, NW8	2	Flat
£6,283	06/24	0.11 mi	The Atrium, Park Road, St Johns Wood, NW8	2	Flat
£3,300	06/24	0.11 mi	-	2	Flat
£3,000	12/24	0.11 mi	-	2	Flat
£3,500	12/24	0.11 mi	-	2	Flat
£4,000	06/24	0.11 mi	Park Road London NW8	2	Flat
£3,500	07/24	0.11 mi	Park Road London NW8	2	Flat
£4,182	06/24	0.11 mi	Strathmore Court, Park Road, Regents Park, NW8	2	Flat
£3,501	07/24	0.11 mi	Park Road, Regents Park, London, NW8	2	Flat
£3,033	02/25	0.11 mi	-	2	Flat
£2,850	04/25	0.11 mi	-	2	Flat
£3,051	03/25	0.11 mi	-	2	Flat
£3,835	08/24	0.11 mi	Park Road, St John's Wood, London, NW8	2	Flat
£3,683	06/24	0.11 mi	Hanover Gate Mansions, Park Road, Regents Park	2	Flat
£6,283	06/24	0.13 mi	Atrium Apartments, Park Road, London NW8	2	Flat
£4,099	01/25	0.13 mi	-	2	Flat
£3,600	07/24	0.13 mi	Park Road, Marylebone, London, NW8	2	Flat
£3,683	06/24	0.13 mi	Palgrave Gardens, London	2	Flat
£3,500	07/24	0.14 mi	Park Road, London, NW8	2	Flat
£4,498	06/24	0.14 mi	Beverly House, Park Road, St. John's Wood, London NW8	2	Flat
£3,245	06/24	0.14 mi	Palgrave Gardens, London, NW1	2	Flat
£3,500	06/24	0.14 mi	Alberts Court, Palgrave Gardens, London, NW1	2	Flat
£3,500	06/24	0.14 mi	Alberts Court, Palgrave Gardens, London, NW1	2	Flat
£3,012	07/24	0.15 mi	Lords View II, St John's Wood Road, St John's Wood, London, NW8	2	Flat
£3,012	08/24	0.15 mi	Lords View II, St John's Wood Road, St John's Wood, London, NW8	2	Flat
£4,117	06/24	0.15 mi	Regents Park House, Park Road, NW8	2	Flat
£4,117	06/24	0.15 mi	Regents Park House, Park Road, NW8	2	Flat
£2,817	07/24	0.16 mi	Belvedere Heights, Lisson Grove, St Johns Wood, NW8	2	Flat
£4,333	12/24	0.16 mi	-	2	Flat
£3,792	06/24	0.16 mi	Beverly House, 133 Park Road, London, NW8	2	Flat
£3,467	06/24	0.16 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£4,442	06/24	0.16 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£2,080	06/24	0.16 mi	Boldero Place, Marylebone NW8	2	Flat
£3,142	06/24	0.17 mi	Elizabeth Court, Palgrave Gardens, Regent's Park, NW1	2	Flat
£3,683	06/24	0.17 mi	Pavilion Apartments, 34 St John's Wood Road, St John's Wood, London, NW8	2	Flat
£3,850	03/25	0.17 mi	-	2	Flat
£3,553	06/24	0.17 mi	Strathmore Court, Park Road, Regent's Park, London NW1	2	Flat
£2,817	07/24	0.17 mi	Belvedere Heights, 199 Lisson Grove, NW8	2	Flat

Local Area Statistics

Population in NW8	33,80233,802
Population in London	4,771,9214,771,921
Town centre distance	2.63 miles away2.63 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.36 miles away0.36 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-22%-22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-13%-13%

Property History

Listed for £500,000

February 6, 2025

Floor Plans

Description

2 Bedrooms +
Bathroom +
Kitchen +
Balcony +
Lift +
Chain free +
Communal Gardens +
EPC Rating D +

A spacious, two-double bedroom duplex apartment, located in this well-located apartment block with far-reaching views and a private balcony.

89 Year Lease
Service Charge £1500 per year
Ground Rent £10 per year

Agent Details

Kinleigh Folkard & Hayward - Sales, St John's Wood

020 3871 7029

Next Steps?

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

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