2 Bed Terraced House, Single Let, London, SE1 2BZ, £800,000

Vogans Mill Wharf, 17 Mill Street, London, SE1 2BZ - 2 months ago

Leasehold

BTL

~68 m²

+14 photos

ValuationOvervalued

Sold Prices	£430K - £2.5M
Sold Prices/m²	£6K/m² - £19.4K/m²

Square Metres	~68.11 m²
Price/m²	£11.7K/m²
Value Estimate	£611,311£611,311

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£200,000£200,000
Stamp Duty & Legal Fees	£52,700£52,700
Total Cash In	£252,700£252,700

Cash Out
Rent Range	£2,000 - £4,150£2,000 - £4,150
Rent Estimate	£2,125
Running Costs/mo	£2,945£2,945
Cashflow/mo	£-820£-820
Cashflow/yr	£-9,840£-9,840
Gross Yield	3%3%

Local Sold Prices

37 sold prices from £430K to £2.5M, average is £705K. £6K/m² to £19.4K/m², average is £8.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.0M	04/21	0.19 mi	35, Lafone Street, London, Greater London SE1 2LX	-	-	2	Terraced House
£705K	08/23	0.42 mi	9, Codling Close, London, Greater London E1W 2UX	£11,557	61	2	Terraced House
£650K	09/21	0.44 mi	85, St James's Road, London, Greater London SE16 4QS	£8,784	74	2	Terraced House
£865K	07/21	0.45 mi	19, Spirit Quay, London, Greater London E1W 2UT	£10,679	81	2	Terraced House
£865K	07/21	0.46 mi	19, Spirit Quay, London, Greater London E1W 2UT	£10,679	81	2	Terraced House
£880K	01/21	0.5 mi	7, Grange Walk Mews, London, Greater London SE1 3DS	£10,851	81	2	Semi-Detached House
£780K	06/21	0.5 mi	55, Webster Road, London, Greater London SE16 4DR	£8,387	93	2	Terraced House
£2.0M	07/22	0.53 mi	281, Kennington Road, London, Greater London SE11 6BY	£11,357	176	2	Terraced House
£920K	02/23	0.58 mi	83, Waterman Way, London, Greater London E1W 2QW	£7,931	116	2	Terraced House
£780K	03/23	0.58 mi	78, Waterman Way, London, Greater London E1W 2QW	£11,143	70	2	Terraced House
£1.1M	04/23	0.63 mi	56, Guy Street, London, Greater London SE1 3RF	-	-	2	Terraced House
£845K	04/21	0.65 mi	6, Alma Grove, London, Greater London SE1 5PY	£8,711	97	2	Terraced House
£865K	09/23	0.65 mi	32, Alma Grove, London, Greater London SE1 5PY	£9,414	92	2	Terraced House
£430K	10/21	0.67 mi	22, Abbey Gardens, London, Greater London SE16 3RQ	£8,269	52	2	Semi-Detached House
£430K	10/21	0.67 mi	22, Abbey Gardens, London, Greater London SE16 3RQ	£8,269	52	2	Semi-Detached House
£630K	11/20	0.7 mi	99, Pages Walk, London, Greater London SE1 4HD	-	-	2	Terraced House
£630K	11/20	0.7 mi	99, Pages Walk, London, Greater London SE1 4HD	-	-	2	Terraced House
£1.0M	10/20	0.71 mi	144, Fort Road, London, Greater London SE1 5QA	£8,333	120	2	Terraced House
£500K	03/23	0.73 mi	37, Strathnairn Street, London, Greater London SE1 5BN	£7,692	65	2	Terraced House
£480K	04/21	0.74 mi	48, Strathnairn Street, London, Greater London SE1 5BL	-	-	2	Terraced House
£500K	11/20	0.77 mi	183, Simms Road, London, Greater London SE1 5LP	£10,081	50	2	Semi-Detached House
£450K	06/21	0.77 mi	192, St James's Road, London, Greater London SE1 5LN	-	-	2	Semi-Detached House
£870K	11/21	0.79 mi	123, Lynton Road, London, Greater London SE1 5QX	-	-	2	Terraced House
£480K	08/21	0.79 mi	25, Brunel Road, London, Greater London SE16 4LA	£11,707	41	2	Semi-Detached House
£480K	08/21	0.79 mi	25, Brunel Road, London, Greater London SE16 4LA	£11,707	41	2	Semi-Detached House
£707.5K	10/20	0.8 mi	5, Hawksmoor Mews, London, Greater London E1 0DG	£6,738	105	2	Terraced House
£977.5K	02/21	0.82 mi	174, Lynton Road, London, Greater London SE1 5RB	£7,188	136	2	Terraced House
£472.5K	02/22	0.83 mi	60, Cadet Drive, London, Greater London SE1 5RU	-	-	2	Semi-Detached House
£495K	08/22	0.83 mi	23, Oxley Close, London, Greater London SE1 5HF	£9,167	54	2	Terraced House
£700K	12/22	0.84 mi	51, Ann Moss Way, London, Greater London SE16 2TJ	£11,864	59	2	Terraced House
£495K	04/21	0.86 mi	Flat 29, Winchelsea House, Swan Road, London, Greater London SE16 4LH	-	-	2	Terraced House
£595K	06/21	0.9 mi	12, Clack Street, London, Greater London SE16 7JT	£7,829	76	2	Terraced House
£840K	02/23	0.92 mi	210, Rotherhithe Street, London, Greater London SE16 7RB	-	-	2	Semi-Detached House
£2.5M	11/22	0.92 mi	1, Horsemongers Mews, London, Greater London SE1 4GG	£19,431	127	2	Semi-Detached House
£550K	09/21	0.98 mi	272, The Highway, London, Greater London E1W 3DH	£7,143	77	2	Terraced House
£1.4M	08/22	0.99 mi	87, County Street, London, Greater London SE1 4AD	£6,017	236	2	Terraced House
£575K	11/20	0.99 mi	36, Elsted Street, London, Greater London SE17 1QG	£6,928	83	2	Terraced House

Local Rents

50 rents from £2K/mo to £4.2K/mo, average is £2.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,750	12/24	0.01 mi	Vogans Mill Wharf, London SE1	2	Flat
£3,488	08/24	0.01 mi	Mill Street, Shad Thames	2	Flat
£3,250	08/24	0.02 mi	St Saviours Wharf, Shad Thames	2	Flat
£3,400	08/24	0.02 mi	St Saviours Wharf, Mill Street, London, SE1	2	Flat
£4,150	08/24	0.02 mi	Jacob Street, London SE1	2	Flat
£2,500	08/24	0.02 mi	Jacob Street, London	2	Flat
£3,033	12/24	0.02 mi	Providence Square, Southwark, London SE1	2	Flat
£2,600	08/24	0.04 mi	St Andrews Wharf, 12 Shad Thames, London, SE1	2	Flat
£3,497	12/24	0.04 mi	Lloyds Wharf, Mill Street, London	2	Flat
£2,500	08/24	0.04 mi	Shad Thames Shad Thames SE1	2	Flat
£2,000	08/24	0.04 mi	Little London Court, Mill Street, London, SE1	2	Flat
£3,550	08/24	0.04 mi	Little London Court Mill Street SE1	2	Flat
£3,550	08/24	0.04 mi	Little London Court, Mill Street, London SE1	2	Flat
£2,817	08/24	0.05 mi	St Andrews Wharf, Shad Thames, London, SE1	2	Flat
£2,650	08/24	0.06 mi	Shad Thames, London	2	Flat
£2,899	08/24	0.06 mi	Providence Square, SE1	2	Flat
£3,500	08/24	0.06 mi	Butlers & Colonial Wharf, London	2	Flat
£3,100	12/24	0.07 mi	-	2	Flat
£3,100	02/25	0.07 mi	-	2	Flat
£2,700	08/24	0.07 mi	-	2	Flat
£2,300	12/24	0.07 mi	Providence Square, Shad Thames, SE1	2	Flat
£2,750	08/24	0.07 mi	Providence Square, Shad Thames, SE1	2	Flat
£2,747	08/24	0.07 mi	Scott Sufferance, Mill Street, SE1	2	Flat
£2,817	12/24	0.07 mi	Scotts Sufferance Wharf, London SE1	2	Flat
£2,700	12/24	0.07 mi	Scott Sufferance, Mill Street, SE1	2	Flat
£3,000	08/24	0.07 mi	Coriander Court, Gainsford Street SE1	2	Flat
£2,800	12/24	0.07 mi	-	2	Flat
£2,800	03/25	0.07 mi	-	2	Flat
£2,900	12/24	0.08 mi	Dockhead Wharf, London, SE1	2	Flat
£2,200	12/24	0.08 mi	-	2	Flat
£2,700	12/24	0.08 mi	Jamaica Road, Bermondsey	2	Flat
£3,900	08/24	0.09 mi	Shad Thames, Tea Trade Wharf	2	Flat
£3,900	08/24	0.09 mi	Shad Thames, Tea Trade Wharf	2	Flat
£2,999	11/23	0.09 mi	Providence Square, Shad Thames, SE1	2	Flat
£3,000	08/24	0.09 mi	Providence Square, London SE1	2	Flat
£2,925	08/24	0.09 mi	Providence Square, London SE1	2	Flat
£2,600	11/23	0.09 mi	Millennium Square, Shad THames, SE1	2	Flat
£2,750	08/24	0.09 mi	Millennium Square, London SE1	2	Flat
£2,383	08/24	0.09 mi	Providence Square, London	2	Flat
£2,708	12/24	0.09 mi	Providence Square, London, SE1	2	Flat
£2,297	08/24	0.09 mi	Providence Square, Shad Thames	2	Flat
£2,708	12/24	0.11 mi	Tamarind Court, Gainsford Street SE1	2	Flat
£3,000	02/24	0.11 mi	-	2	Flat
£3,497	08/24	0.11 mi	Shad Thames, Wheat Wharf Apartments	2	Flat
£2,000	02/25	0.11 mi	-	2	Flat
£2,747	11/23	0.11 mi	Shad Thames, SE1	2	Flat
£2,496	12/24	0.11 mi	Shad Thames, SE1	2	Flat
£2,383	08/24	0.11 mi	Shad Thames, London Bridge SE1	2	Flat
£2,400	08/24	0.12 mi	-	2	Flat
£2,400	08/24	0.12 mi	Arnold Estate, London, SE1	2	Flat

Local Area Statistics

Population in SE1	66,77766,777
Population in London	4,771,9214,771,921
Town centre distance	2.36 miles away2.36 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.41 miles away0.41 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-20%-20%

Property History

Listed for £800,000

February 7, 2025

Floor Plans

Description

Top floor +
Two double bedrooms +
Large private balcony +
Refurbished kitchen and bathrooms +
Secure parking +
NO CHAIN +

A bright and spacious top floor apartment with two double bedrooms, large private balcony, and secure allocated parking. Positioned on the top floor of this landmark warehouse conversion close to the riverfront, the property benefits from high ceilings and skylights allowing an abundance of natural light.

The apartment has a generous reception room, separate newly refurbished kitchen with integrated appliances, and two bedrooms with fitted wardrobes. The principal bedroom with modernised en-suite bathroom and the second bedroom has access to the private terrace with views of the City skyline.

There are two additional storage cupboards and the separate shower room off the entrance hallway. The property is offered in immaculate condition and CHAIN FREE. Vogans Mill Wharf is a very well maintained development that benefits from 24 hour concierge, secure parking, lift access, communal gardens and communal roof terrace with stunning views across London's skyline.

The building is located within easy access to all the bars, restaurants and shops that Shad Thames, More London and Bermondsey Street have to offer.

It is also within close proximity to both London Bridge (National Rail services, Jubilee and Northern lines) and Bermondsey (Jubilee line) stations.

- Lease: 125 years from 29 September 1989
- Service charge: circa £7500 per annum
- Sinking fund contribution: circa £3,000 per annum
- Ground rent: TBC
- Council tax: Band F

Agent Details

Cluttons, Tower Bridge - Sales

020 3984 8978

Next Steps?

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ValuationOvervalued

CashflowsOpen in Analyser

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Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

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