2 Bed Flat, Single Let, London, SW11 4DG, £625,000

Albert Palace Mansions, Lurline Gardens, SW11 4DG - a month ago

Leasehold

BTL

~68 m²

+4 photos

ValuationUndervalued

Sold Prices	£262K - £1.2M
Sold Prices/m²	£7.7K/m² - £12K/m²

Square Metres	~68.11 m²
Price/m²	£9.2K/m²
Value Estimate	£675,704£675,704
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£156,250£156,250
Stamp Duty & Legal Fees	£51,200£51,200
Total Cash In	£207,450£207,450

Cash Out
Rent Range	£1,650 - £6,500£1,650 - £6,500
Rent Estimate	£1,925
Running Costs/mo	£2,358£2,358
Cashflow/mo	£-433£-433
Cashflow/yr	£-5,197£-5,197
Gross Yield	4%4%

Local Sold Prices

51 sold prices from £262K to £1.2M, average is £594.5K. £7.7K/m² to £12K/m², average is £9.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£870K	03/21	0.01 mi	Flat 3, Prince Of Wales Mansions, Prince Of Wales Drive, London, Greater London SW11 4BG	-	-	2	Flat
£585K	12/23	0.01 mi	Flat 12a, Prince Of Wales Mansions, Prince Of Wales Drive, London, Greater London SW11 4BG	£9,669	61	2	Flat
£625K	09/23	0.04 mi	Flat 78, Albert Palace Mansions, Lurline Gardens, London, Greater London SW11 4DQ	-	-	2	Flat
£465K	04/23	0.06 mi	20a - 20c, Battersea Park Road, London, Greater London SW11 4HY	-	-	2	Flat
£635K	09/21	0.1 mi	Flat 136, Albert Palace Mansions, Lurline Gardens, London, Greater London SW11 4DJ	-	-	2	Flat
£275K	02/21	0.12 mi	Flat 83, Park Court, Battersea Park Road, London, Greater London SW11 4LE	-	-	2	Flat
£330K	07/23	0.12 mi	Flat 3, Park Court, Battersea Park Road, London, Greater London SW11 4LD	-	-	2	Flat
£1.2M	12/23	0.15 mi	Flat 78, York Mansions, Prince Of Wales Drive, London, Greater London SW11 4BW	-	-	2	Flat
£480K	02/21	0.22 mi	245a, Queenstown Road, London, Greater London SW8 3NP	£7,732	62	2	Flat
£800K	04/24	0.22 mi	Primrose Mansions, Flat 18, Prince Of Wales Drive, London, Greater London SW11 4ED	£12,001	67	2	Flat
£290K	05/23	0.24 mi	Flat 50, Lucas Court, Strasburg Road, London, Greater London SW11 5JF	-	-	2	Flat
£375K	12/23	0.33 mi	Flat 81, Park South, Austin Road, London, Greater London SW11 5JN	-	-	2	Flat
£330K	03/21	0.33 mi	Flat 102, Park South, Austin Road, London, Greater London SW11 5JN	-	-	2	Flat
£850K	05/21	0.34 mi	Flat 15a, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4HA	-	-	2	Flat
£470K	10/20	0.36 mi	Flat 25, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£435K	06/23	0.36 mi	Flat 2, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£370K	12/20	0.38 mi	Flat 17, Thessaly House, Thessaly Road, London, Greater London SW8 4EB	-	-	2	Flat
£835K	06/23	0.38 mi	Flat 46a, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EY	-	-	2	Flat
£840K	06/23	0.38 mi	Flat 41a, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EY	-	-	2	Flat
£625K	05/21	0.4 mi	Ground Floor Flat, 36, Ingelow Road, London, Greater London SW8 3QA	£9,058	69	2	Flat
£620K	04/21	0.42 mi	1, Emu Road, London, Greater London SW8 3PS	£11,481	54	2	Flat
£545K	08/21	0.43 mi	Flat 80b, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EX	-	-	2	Flat
£915K	06/23	0.43 mi	Flat 71a, Overstrand Mansions, Prince Of Wales Drive, London, Greater London SW11 4EX	-	-	2	Flat
£610K	06/21	0.44 mi	45, Tennyson Street, London, Greater London SW8 3SU	£9,385	65	2	Flat
£625K	03/23	0.44 mi	48, Tennyson Street, London, Greater London SW8 3SU	-	-	2	Flat
£395K	05/23	0.44 mi	Flat 44, Dresden House, Dagnall Street, London, Greater London SW11 5DP	-	-	2	Flat
£650K	03/23	0.46 mi	35a, Prairie Street, London, Greater London SW8 3PL	£11,017	59	2	Flat
£592K	12/20	0.48 mi	71, Stanley Grove, London, Greater London SW8 3PJ	£9,108	65	2	Flat
£565K	03/21	0.49 mi	121c, Queenstown Road, London, Greater London SW8 3RH	-	-	2	Flat
£625K	03/21	0.51 mi	35, Emu Road, London, Greater London SW8 3PQ	£9,921	63	2	Flat
£625K	03/21	0.51 mi	35, Emu Road, London, Greater London SW8 3PQ	£9,921	63	2	Flat
£615K	10/23	0.51 mi	49a, Emu Road, London, Greater London SW8 3PQ	£9,179	67	2	Flat
£610K	04/21	0.51 mi	85, Tennyson Street, London, Greater London SW8 3TH	£10,116	60	2	Flat
£430K	02/23	0.52 mi	202a, Battersea Park Road, London, Greater London SW11 4ND	£8,641	50	2	Flat
£270K	04/21	0.53 mi	Flat 18, Berry House, Dagnall Street, London, Greater London SW11 5DL	-	-	2	Flat
£615K	01/21	0.53 mi	59a, Ingelow Road, London, Greater London SW8 3PE	£10,250	60	2	Flat
£642K	01/21	0.53 mi	96, Ingelow Road, London, Greater London SW8 3PF	£10,700	60	2	Flat
£560K	11/20	0.53 mi	9, Gambetta Street, London, Greater London SW8 3TS	£9,032	62	2	Flat
£1.0M	02/23	0.53 mi	Flat 11, Norfolk Mansions, Prince Of Wales Drive, London, Greater London SW11 4HL	-	-	2	Flat
£580K	04/21	0.53 mi	115, Ingelow Road, London, Greater London SW8 3PE	£10,149	57	2	Flat
£601.5K	12/21	0.53 mi	65a, Ingelow Road, London, Greater London SW8 3PE	-	-	2	Flat
£650K	12/23	0.53 mi	19, Gambetta Street, London, Greater London SW8 3TS	-	-	2	Flat
£582K	05/23	0.54 mi	13a, Tennyson Street, London, Greater London SW8 3ST	-	-	2	Flat
£280K	12/20	0.58 mi	Flat 40, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LE	-	-	2	Flat
£275K	03/23	0.58 mi	Flat 62, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat
£262K	07/23	0.58 mi	Flat 48, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat
£262K	07/23	0.58 mi	Flat 48, Durrington Tower, Wandsworth Road, London, Greater London SW8 3LF	-	-	2	Flat
£625K	12/20	0.58 mi	50, Reform Street, London, Greater London SW11 5AJ	£9,921	63	2	Flat
£630K	03/23	0.61 mi	84, Reform Street, London, Greater London SW11 5AH	£9,403	67	2	Flat
£594.5K	10/23	0.61 mi	110, Reform Street, London, Greater London SW11 5AH	£11,501	52	2	Flat
£567.4K	05/23	0.64 mi	2, Freedom Street, London, Greater London SW11 5AQ	£9,456	60	2	Flat

Local Rents

50 rents from £1.6K/mo to £6.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,500	09/24	0 mi	Albert Palace Mansions, Lurline Gardens, London	2	Flat
£1,850	09/24	0 mi	Albert Palace Mansions, SW11	2	Flat
£2,300	11/24	0.02 mi	-	2	Flat
£3,250	09/24	0.02 mi	Prince of Wales Mansions, Prince of Wales Drive, SW11	2	Flat
£2,249	09/24	0.03 mi	Meath Street, Battersea, London, SW11	2	Flat
£2,550	12/24	0.03 mi	-	2	Flat
£2,850	10/24	0.03 mi	-	2	Flat
£4,500	03/25	0.05 mi	-	2	Flat
£2,999	09/24	0.06 mi	Lurline Gardens, SW11	2	Flat
£2,201	09/24	0.07 mi	Lurline Gardens, SW11	2	Flat
£2,950	09/24	0.08 mi	Battersea Park Road, SW8	2	Flat
£3,000	09/24	0.08 mi	Battersea Park Road, Battersea, SW8	2	Flat
£3,000	09/24	0.08 mi	Battersea Park Road, Battersea, SW8	2	Flat
£2,850	09/24	0.09 mi	-	2	Flat
£2,800	04/25	0.1 mi	-	2	Flat
£2,750	03/25	0.1 mi	-	2	Flat
£3,360	03/25	0.1 mi	-	2	Flat
£2,500	04/25	0.1 mi	-	2	Flat
£2,500	11/24	0.11 mi	-	2	Flat
£2,250	03/25	0.11 mi	-	2	Flat
£1,650	03/25	0.12 mi	-	2	Flat
£3,600	09/24	0.13 mi	Patcham Terrace, Wandsworth, SW8	2	Flat
£3,600	09/24	0.13 mi	Patcham Terrace, Wandsworth, SW8	2	Flat
£3,467	09/24	0.14 mi	Prince of Wales Drive London SW11	2	Flat
£3,857	09/24	0.14 mi	Huntington House, 11 Palmer Road, Battersea	2	Flat
£4,000	09/24	0.14 mi	-	2	Flat
£3,500	09/24	0.15 mi	Kingsway Square, SW11	2	Flat
£3,250	09/24	0.15 mi	The Bridge, Queenstown Road, Battersea, SW11	2	Flat
£3,300	04/25	0.15 mi	-	2	Flat
£3,792	09/24	0.15 mi	The Bridge, 334 Queenstown Road, Battersea, London, SW8	2	Flat
£3,360	12/24	0.16 mi	-	2	Flat
£3,943	09/24	0.16 mi	Palmer Road, London, SW11	2	Flat
£4,000	09/24	0.16 mi	Patcham Terrace, London, SW8	2	Flat
£3,467	09/24	0.16 mi	Prince of Wales Drive London SW11	2	Flat
£5,000	09/24	0.17 mi	-	2	Flat
£5,500	09/24	0.17 mi	-	2	Flat
£4,500	10/24	0.17 mi	-	2	Flat
£6,500	02/25	0.17 mi	-	2	Flat
£3,300	01/25	0.17 mi	-	2	Flat
£3,000	09/24	0.17 mi	Mountford Mansions, Kingsway Square, 100 Battersea Park Road	2	Flat
£2,750	09/24	0.17 mi	Drapers Court, London, SW11	2	Flat
£2,750	09/24	0.17 mi	-	2	Flat
£2,750	09/24	0.17 mi	-	2	Flat
£2,850	09/24	0.17 mi	-	2	Flat
£2,850	12/24	0.17 mi	-	2	Flat
£2,250	09/24	0.17 mi	-	2	Flat
£2,350	09/24	0.17 mi	-	2	Flat
£2,000	09/24	0.17 mi	-	2	Flat
£3,750	09/24	0.18 mi	Mountford Mansions, SW11	2	Flat
£3,683	09/24	0.18 mi	Salisbury House, 5 Palmer Road, London	2	Flat

Local Area Statistics

Population in SW11	70,15270,152
Population in London	4,771,9214,771,921
Town centre distance	4.01 miles away4.01 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.11 miles away0.11 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+1%+1%

Property History

Listed for £625,000

March 14, 2025

Floor Plans

Description

Fantastic Period Mansion Flat +
2 Double Bedrooms +
Good Size Reception Room +
Separate Large Eat-In Kitchen +
Ground Floor +
Close to Battersea Park and Chelsea Bridge +
Excellent Transport Links +
Quiet Residential Road +
Long Lease 981 Years +
Short Walk to Battersea Power Station Tube +

Fantastic two double bedroom ground floor flat in this hugely popular period mansion block just moments away from Battersea Park, a short walk from Chelsea Bridge and Battersea Power Station.

The 717 SqFt accommodation comprises good size reception room, separate large eat-in kitchen, 2 double bedrooms with fitted wardrobes and modern bathroom.

Located in a quiet residential road within a few minutes walk of both Battersea Park & Queenstown Road Stations (5 minutes to Victoria and 10 minutes to Waterloo). The new Northern Line Tube stop at Battersea Power Station is also within 8-10 minutes walk. Excellent bus routes to the West End and City. Great choice of local shops, riverside bars, coffee shops and restaurants.

On street resident's parking permit available through Wandsworth. Council Tax Band E. Long lease of 981 years unexpired. Ideal first time buy or investment property, well worth a viewing. Available with no chain.

Agent Details

Eden Harper, Battersea

020 3870 9020

Next Steps?

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

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