6 Bed House, Single Let, London, SW8 1BS, £2,000,000

Albert Square, South Lambeth, SW8 1BS - 2 views - a month ago

BTL

~186 m²

+25 photos

ValuationOvervalued

Sold Prices	£550K - £17.5M
Sold Prices/m²	£4.7K/m² - £29.8K/m²

Square Metres	~186 m²
Price/m²	£10.8K/m²
Value Estimate	£1,622,683£1,622,683

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£500,000£500,000
Stamp Duty & Legal Fees	£287,450£287,450
Total Cash In	£787,450£787,450

Cash Out
Rent Range	£1,195 - £9,500£1,195 - £9,500
Rent Estimate	£2,556
Running Costs/mo	£6,781£6,781
Cashflow/mo	£-4,225£-4,225
Cashflow/yr	£-50,702£-50,702
Gross Yield	2%2%

Local Sold Prices

50 sold prices from £550K to £17.5M, average is £1.8M. £4.7K/m² to £29.8K/m², average is £8.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£2.0M	10/20	0.06 mi	5, Albert Square, London, Greater London SW8 1BU	-	-	6	Semi-Detached House
£1.1M	11/23	0.2 mi	15, Dorset Road, London, Greater London SW8 1EF	£19,182	55	6	Terraced House
£2.1M	04/21	0.25 mi	32, Durand Gardens, London, Greater London SW9 0PP	-	-	6	Semi-Detached House
£2.1M	09/23	0.28 mi	115, Fentiman Road, London, Greater London SW8 1JZ	-	-	6	Terraced House
£1.8M	08/22	0.76 mi	5, Larkhall Rise, London, Greater London SW4 6JB	£6,397	285	6	Semi-Detached House
£1.5M	05/23	0.79 mi	14, Calais Street, London, Greater London SE5 9LP	-	-	6	Terraced House
£1.3M	10/20	0.81 mi	34, Hemberton Road, London, Greater London SW9 9LJ	£7,425	172	6	Terraced House
£730K	06/23	0.82 mi	109, Loughborough Road, London, Greater London SW9 7TD	-	-	6	Terraced House
£1.8M	04/21	0.82 mi	130, Kennington Park Road, London, Greater London SE11 4DJ	£5,655	313	6	Terraced House
£1.0M	12/20	0.82 mi	17, Templar Street, London, Greater London SE5 9JB	-	-	6	Terraced House
£1.9M	04/22	0.88 mi	30, Flodden Road, London, Greater London SE5 9LH	£7,143	259	6	Semi-Detached House
£1.3M	06/21	0.92 mi	29, Killyon Road, London, Greater London SW8 2XS	£6,418	208	6	Terraced House
£1.7M	06/22	0.94 mi	14, Knatchbull Road, London, Greater London SE5 9QS	£7,518	223	6	Detached House
£1.4M	12/22	1.05 mi	33, Ferndale Road, London, Greater London SW4 7RJ	£7,396	192	6	Terraced House
£1.3M	06/21	1.14 mi	143, Camberwell Road, London, Greater London SE5 0HB	£6,793	184	6	Terraced House
£1.6M	03/21	1.19 mi	11, Turret Grove, London, Greater London SW4 0EX	£9,467	169	6	Terraced House
£3.1M	06/23	1.26 mi	56, Cumberland Street, London, Greater London SW1V 4LZ	£13,703	224	6	Terraced House
£3.4M	06/21	1.32 mi	19, Orlando Road, London, Greater London SW4 0LD	£9,280	361	6	Terraced House
£1.6M	11/22	1.35 mi	32, Bicknell Road, London, Greater London SE5 9AU	£11,111	144	6	Terraced House
£1.5M	10/21	1.36 mi	14, Lambourn Road, London, Greater London SW4 0LY	£7,968	188	6	Terraced House
£2.5M	11/20	1.39 mi	25, Camberwell Grove, London, Greater London SE5 8JA	-	-	6	Terraced House
£1.4M	01/21	1.46 mi	45, Horsford Road, London, Greater London SW2 5BP	£7,804	181	6	Terraced House
£3.0M	12/20	1.48 mi	9, The Chase, London, Greater London SW4 0NP	£11,235	268	6	Terraced House
£1.8M	10/21	1.51 mi	95, Fawnbrake Avenue, London, Greater London SE24 0BG	£9,945	181	6	Terraced House
£1.7M	06/21	1.52 mi	46, Crescent Lane, London, Greater London SW4 9PU	-	-	6	Terraced House
£1.7M	03/21	1.57 mi	58, Fawnbrake Avenue, London, Greater London SE24 0BY	£11,644	146	6	Semi-Detached House
£1.9M	09/22	1.58 mi	66, Brixton Water Lane, London, Greater London SW2 1QB	£9,468	195	6	Semi-Detached House
£1.4M	06/23	1.58 mi	9, Pearman Street, London, Greater London SE1 7RB	£8,492	164	6	Semi-Detached House
£1.6M	04/24	1.62 mi	48, Garfield Road, London, Greater London SW11 5PN	£11,005	147	6	Terraced House
£3.4M	03/21	1.63 mi	9, Elms Crescent, London, Greater London SW4 8QE	£9,363	361	6	Semi-Detached House
£1.4M	01/21	1.64 mi	8, Caldervale Road, London, Greater London SW4 9LZ	£7,597	181	6	Terraced House
£550K	04/21	1.65 mi	8, Mcneil Road, London, Greater London SE5 8PL	£4,701	117	6	Terraced House
£1.6M	11/22	1.65 mi	26, Shakespeare Road, London, Greater London SE24 0LB	£8,724	183	6	Terraced House
£2.4M	03/21	1.66 mi	176, Camberwell Grove, Camberwell, London, Greater London SE5 8RH	£7,720	307	6	Terraced House
£1.6M	06/21	1.67 mi	18, Rodenhurst Road, London, Greater London SW4 8AR	£6,846	241	6	Semi-Detached House
£2.5M	10/22	1.67 mi	64, Rodenhurst Road, London, Greater London SW4 8AR	-	-	6	Semi-Detached House
£3.0M	09/22	1.68 mi	25, Champion Hill, London, Greater London SE5 8AL	-	-	6	Detached House
£3.9M	05/21	1.7 mi	44, Elms Road, London, Greater London SW4 9EX	£14,924	263	6	Semi-Detached House
£12.7M	08/23	1.7 mi	20, Queen Annes Gate, London, Greater London SW1H 9AA	-	-	6	Terraced House
£3.8M	07/22	1.7 mi	26, Elms Road, London, Greater London SW4 9EX	£11,446	332	6	Semi-Detached House
£2.4M	04/23	1.71 mi	3, Gubyon Avenue, London, Greater London SE24 0DU	£9,934	243	6	Semi-Detached House
£17.5M	05/21	1.71 mi	30, Queen Annes Gate, London, Greater London SW1H 9AB	-	-	6	Terraced House
£1.9M	03/21	1.71 mi	17, Rodenhurst Road, London, Greater London SW4 8AE	-	-	6	Semi-Detached House
£2.6M	03/23	1.71 mi	37, Rodenhurst Road, London, Greater London SW4 8AE	-	-	6	Semi-Detached House
£3.0M	12/22	1.72 mi	52, Champion Hill, London, Greater London SE5 8BS	£6,921	432	6	Detached House
£2.9M	04/21	1.73 mi	1, Grove Park, London, Greater London SE5 8LT	-	-	6	Detached House
£8.8M	08/21	1.73 mi	13, Gerald Road, London, Greater London SW1W 9EH	£29,762	294	6	Terraced House
£8.5M	10/22	1.75 mi	26, Sloane Court East, London, Greater London SW3 4TG	£20,833	408	6	Terraced House
£5.1M	06/21	1.77 mi	69, Eaton Terrace, London, Greater London SW1W 8TN	£18,149	281	6	Terraced House
£1.5M	06/21	1.78 mi	98, Hambalt Road, London, Greater London SW4 9EJ	£8,832	167	6	Terraced House

Local Rents

50 rents from £1.2K/mo to £9.5K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,683	09/24	0.09 mi	Dorset Road, London, SW8	4	Flat
£3,683	09/24	0.09 mi	Osmington house, Dorset Road, London, Oval,SW8	4	Flat
£4,000	09/24	0.1 mi	-	4	Terraced House
£3,400	03/25	0.1 mi	-	4	Terraced House
£2,399	09/24	0.12 mi	Dorset Road London SW8	3	Flat
£2,590	10/24	0.12 mi	-	3	Flat
£2,590	10/24	0.12 mi	-	3	Flat
£4,000	09/24	0.16 mi	Printers Road, London, SW9	3	Flat
£2,970	09/24	0.16 mi	Meadow Place, London, SW8 1XZ	3	Flat
£4,100	09/24	0.17 mi	-	3	Terraced House
£4,000	02/25	0.17 mi	-	4	Flat
£2,817	09/24	0.18 mi	Ensbury House, Carroun Road, London SW8	3	Flat
£2,950	12/24	0.2 mi	-	3	Flat
£5,200	09/24	0.2 mi	Whitebeam Close, London, SW9	5	Terraced House
£2,800	03/25	0.2 mi	-	3	Flat
£4,000	02/25	0.2 mi	-	4	Terraced House
£5,000	10/24	0.21 mi	-	4	Terraced House
£2,200	04/25	0.22 mi	-	3	Flat
£3,200	09/24	0.22 mi	Heyford Terrace, Vauxhall, London, SW8	3	Flat
£2,950	10/24	0.23 mi	-	3	Flat
£2,750	09/24	0.23 mi	-	3	Terraced House
£2,950	10/24	0.23 mi	-	3	Flat
£3,000	09/24	0.23 mi	-	3	Flat
£2,925	10/24	0.23 mi	-	3	Flat
£3,090	09/24	0.23 mi	-	3	Flat
£5,975	09/24	0.24 mi	Stockwell Park Road, London, SW9	4	Terraced House
£5,975	09/24	0.24 mi	-	4	Terraced House
£6,500	09/24	0.24 mi	Stockwell Park Road, Little Portugal, SW9	5	Detached House
£1,195	09/24	0.24 mi	-	6	Terraced House
£2,500	09/24	0.25 mi	-	3	Flat
£2,500	09/24	0.25 mi	Hector Court, Oval, London, SW9	3	Flat
£5,633	09/24	0.27 mi	Regents Bridge Gardens Vauxhall SW8	4	Flat
£5,633	09/24	0.27 mi	Regents Bridge Gardens, London, SW8	4	Terraced House
£3,250	09/24	0.27 mi	Stockwell Park Road, Brixton, London, SW9	3	Flat
£2,775	03/25	0.27 mi	-	3	Flat
£3,600	09/24	0.27 mi	-	4	Flat
£3,600	09/24	0.28 mi	-	3	Flat
£3,200	10/24	0.29 mi	-	4	Semi-Detached House
£4,000	03/25	0.29 mi	-	4	Semi-Detached House
£3,800	03/25	0.29 mi	-	4	Semi-Detached House
£2,950	03/25	0.29 mi	-	3	Flat
£9,500	09/24	0.29 mi	Fentiman Road London SW8	6	Detached House
£9,500	09/24	0.29 mi	Fentiman Road, London, SW8	6	Detached House
£3,300	10/24	0.3 mi	-	3	Flat
£3,250	09/24	0.31 mi	Crewdson Road, Oval	3	Flat
£3,146	09/24	0.31 mi	Crewdson Road, Oval	3	Flat
£2,600	09/24	0.31 mi	Burden House, Vauxhall London SW8	3	Flat
£2,800	09/24	0.31 mi	Thorncroft Street, London, SW8	3	Flat
£3,500	09/24	0.31 mi	-	3	Flat
£3,350	12/24	0.31 mi	-	3	Flat

Local Area Statistics

Population in SW8	35,13835,138
Population in London	4,771,9214,771,921
Town centre distance	3.55 miles away3.55 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)	-5%-5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-5%-5%

Property History

Price changed to £2,000,000

March 20, 2025

Listed for £2,500,000

February 24, 2025

Floor Plans

Description

Huge Victorian family house +
Six bedrooms +
Front living room +
Kitchen +
Bathroom +
Large basement rooms +
Rear garden +
Square garden +
Near Oval and Stockwell Underground stations +

A stupendous six bedroom family house in need of total renovation and modernisation.Albert Square is an outstanding example of one of London`s famous `garden squares`. Built on what was originally market garden land in the mid-19th century it was completed between 1848 and 1851. Comprising of servants` living quarters in the basement and a living room and kitchen on the ground and then six bedrooms, a bathroom and a laundry room on the upper floors with an impressive rear garden and with access to the central square garden.

Located within easy reach of both the Oval and Stockwell Underground stations, main bus routes and local shops, bars and restaurants.

Basement- Front Room: Fireplace. Corner cupboard. Shelves. Door to front.
Pantry Room: Fireplace. Two pantry cupboards.Fireplace.Butler sink.
Cloakroom: WC
Recessed larder .
Ground floor - Hall: Picture rail.
Front Living Room: Cornice, rose and picture rail. Fireplace.
Kitchen: One and a half quartite bowl with mixer tap, fitted floor and wall cupboards and drawers with mosaic tiled work surfaces, gas cooker with two ovens and extractor hood.
Cloakroom: Wash hand basin. W.C.
Garden:Paved path with flower borders and established trees and shrubs.
First floor:
Bedroom 1: To front. Fireplace. Cornice and dado rail.
Bedroom 2: To rear. Fireplace.Cornice and picture rail.Shelves.
Laundry room: Sink.Plumbed for washing machine. Shelves.
Second floor:
Bedroom 3: To front. Cornice.
Bedroom 4: To rear. Cornice. Shelves.
Bathroom: Panelled bath with mixer tap and shower attachment, inset wash hand basin with mosaic tiled surround and drawers above and underneath.
Separate WC
Third floor:
Bedroom 5; To front. Wash hand basin.
Bedroom 6: To rear. Fitted cupboards.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Oliver Burn, Herne Hill

020 3869 4092

Next Steps?

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