2 Bed Flat, Single Let, London, SW3 5QT, £2,500,000

2 Cheyne Gardens, Chelsea, SW3 - 18 days ago

Leasehold
BTL
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£350K - £2.2M
Sold Prices/m²£6K/m² - £22.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£36.7K/m²

Value Estimate

£796,770

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£625,000

Stamp Duty & Legal Fees

£337,450

Total Cash In

£962,450

 

 

Cash Out

 

Rent Range

£2,300 - £12,567

Rent Estimate

£2,817

Running Costs/mo

£8,396

Cashflow/mo

£-5,579

Cashflow/yr

£-66,947

Gross Yield

1%

Local Sold Prices

50 sold prices from £350K to £2.2M, average is £1.1M. £6K/m² to £22.2K/m², average is £11.7K/m².

PriceDateDistanceAddressBeds 
£1.6M01/230.04 miFlat 2, Rossetti Garden Mansions, Flood Street, London, Greater London SW3 5QY2
£620K06/210.04 miFlat 74, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS2
£620K06/210.04 miFlat 74, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS2
£620K03/210.04 miFlat 67, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QS2
£1.1M09/210.05 miFlat 38, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QP2
£890K06/210.05 miFlat 42, Chesil Court, Chelsea Manor Street, London, Greater London SW3 5QP2
£2.0M01/210.07 mi105, Flood Street, London, Greater London SW3 5TD2
£1.1M09/230.1 mi93a, Flood Street, London, Greater London SW3 5TB2
£1.7M08/230.13 miUpper Maisonette, 25, Redesdale Street, London, Greater London SW3 4BL2
£1.3M01/210.18 miFirst Floor Flat, 43, Tedworth Square, London, Greater London SW3 4DW2
£800K02/240.19 mi65, Radnor Walk, London, Greater London SW3 4BT2
£850K12/230.19 miFlat 4, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RT2
£1.2M09/210.19 miFlat 54, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RT2
£1.3M06/230.19 miFlat 96, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RU2
£1.3M05/210.19 miFlat 113, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RY2
£915K12/210.19 miFlat 67, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RX2
£500K03/230.19 miFlat 91, Swan Court, Chelsea Manor Street, London, Greater London SW3 5RY2
£1.6M12/200.2 mi34a, Tite Street, London, Greater London SW3 4JA2
£1.4M11/200.21 miGarden Maisonette, 105, Oakley Street, London, Greater London SW3 5NR2
£1.0M10/230.24 miFlat 2, Kings Mansions, Lawrence Street, London, Greater London SW3 5ND2
£875K06/230.28 miGround Floor Flat, 18, Bramerton Street, London, Greater London SW3 5JX2
£801K12/200.31 mi7a, Anhalt Road, London, Greater London SW11 4NZ2
£950K05/210.33 miFlat 22, Britten House, Britten Street, London, Greater London SW3 3UB2
£1.4M05/230.39 miFirst And Second Floor Flat, 20, Walpole Street, London, Greater London SW3 4QP2
£1.3M03/210.4 miFlat 1, Astell House, Astell Street, London, Greater London SW3 3RX2
£1.5M02/240.43 miBeaufort Mansions, Flat 60, Beaufort Street, London, Greater London SW3 5AF2
£1.0M11/210.43 miFlat 10, Beaufort House, Beaufort Street, London, Greater London SW3 5AD2
£1.5M09/230.43 miFlat B, 2, Anderson Street, London, Greater London SW3 3LU2
£1.3M06/210.43 miFlat 90, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA2
£1.1M11/210.44 miFlat 32, Albany Mansions, Albert Bridge Road, Battersea, London, Greater London SW11 4PG2
£2.2M01/230.44 miFlat 87, Whitelands House, Cheltenham Terrace, London, Greater London SW3 4RA2
£1.8M10/200.44 mi15, Anderson Street, London, Greater London SW3 3NH2
£800K07/230.45 mi2a, Juer Street, London, Greater London SW11 4RF2
£1.1M06/230.46 miFlat 8, York House, Turks Row, London, Greater London SW3 4TH2
£1.1M11/210.46 miFlat 8, Stafford Mansions, Albert Bridge Road, London, Greater London SW11 4QG2
£552K03/230.47 mi22, Battersea Bridge Road, London, Greater London SW11 3AG2
£1.7M08/230.48 miFlat 164, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HF2
£1.4M05/210.48 miFlat 206, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HG2
£1.7M06/230.48 miFlat 53, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HW2
£1.5M07/230.48 miFlat 237, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HD2
£1.2M03/230.5 miFlat 77, Cranmer Court, Whiteheads Grove, London, Greater London SW3 3HH2
£417.5K12/200.52 mi29, Henty Close, London, Greater London SW11 4AH2
£2.2M02/210.52 miFlat 19, Culford Mansions, Culford Gardens, London, Greater London SW3 2SS2
£700K08/230.53 mi28d, Thorney Crescent, London, Greater London SW11 3TT2
£360K08/230.54 miFlat 59, Ethelburga Tower, Rosenau Road, London, Greater London SW11 4AB2
£656K05/210.54 miFlat 5, Wedderburn House, Lower Sloane Street, London, Greater London SW1W 8BZ2
£715K06/210.55 mi9g, Thorney Crescent, London, Greater London SW11 3TR2
£665K04/230.55 miFlat 45, Pond House, Pond Place, London, Greater London SW3 6QS2
£350K12/230.55 mi9e, Thorney Crescent, London, Greater London SW11 3TR2
£592K04/210.56 mi21, Wiltshire Close, London, Greater London SW3 2NS2

Local Rents

50 rents from £2.3K/mo to £12.6K/mo, average is £4.3K/mo.

RentDateDistanceAddressBeds 
£3,25009/240.02 miFlood Street, London, SW32
£3,68309/240.03 miSt. Loo Avenue, SW32
£6,47809/240.08 miCavalry Square, Turks Row, London, SW32
£2,81709/240.1 miOakley Street, London, SW32
£2,81709/240.1 miOakley Street, Chelsea, SW32
£3,20003/250.11 mi-2
£4,31209/240.12 miRedesdale Street, Chelsea, London, SW32
£3,68309/240.12 miCheyne Walk, London, SW32
£3,68309/240.12 miPier House, 31 Cheyne Walk, SW32
£3,68309/240.12 miCheyne Walk, London, SW32
£3,68309/240.13 miCheyne Walk, SW32
£3,68309/240.13 miOakley Street, Chelsea, SW32
£6,50009/240.13 miRedburn Street, Chelsea, SW32
£6,50009/240.13 miRedburn Street, London, SW32
£2,30003/250.13 mi-2
£5,85009/240.15 miRedburn Street, Chelsea, London, SW32
£2,57809/240.16 miCheyne Place, London, SW32
£3,01209/240.16 miChristchurch Terrace, London, SW32
£2,95002/250.16 mi-2
£2,85009/240.18 mi-2
£4,00009/240.19 miSwan Court, Chelsea Manor Street, SW32
£3,60009/240.19 miLockgate Road, London, SW62
£6,28309/240.2 miOakley Street, London, SW32
£10,83309/240.2 miRadnor Walk, Chelsea, SW32
£12,56709/240.2 miOakley Street, Chelsea, SW32
£6,28309/240.21 miOakley Street, Chelsea, SW32
£6,28409/240.21 miOakley Street, Chelsea, London, SW32
£12,56709/240.21 miOakley Street, Chelsea, London, SW32
£6,28309/240.21 miOakley Street, Chelsea, SW32
£4,98309/240.23 miKings Road, London, SW32
£4,31209/240.23 miKings Road London SW32
£4,31209/240.24 miKings Road, Chelsea, SW32
£4,98309/240.24 miKings Road, London, SW32
£4,65809/240.24 miChelsea Embankment, London2
£4,65809/240.24 miChelsea Embankment, Chelsea, SW32
£4,98309/240.24 miChelsea Embankment, London, SW32
£4,65809/240.24 miSun House, 6 Chelsea Embankment, London, SW32
£4,65809/240.24 miChelsea Embankment, London, SW32
£5,41709/240.24 miOrmonde Gate, Chelsea, London, SW32
£4,00009/240.24 mi-2
£4,98309/240.24 mi-2
£4,26809/240.24 mi-2
£4,00002/250.24 mi-2
£4,50003/250.24 mi-2
£4,00009/240.24 miKings Road, London, SW32
£2,92509/240.24 miLawrence Street, Chelsea, SW32
£5,00003/250.25 mi-2
£3,79209/240.25 miUpper Cheyne Row, London, SW32
£6,89009/240.26 miKings road, Chelsea, London, SW32
£5,41709/240.26 miOrmonde Gate, Chelsea2

Local Area Statistics

Population in SW3

22,086

Population in London

4,771,921

Town centre distance

3.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-16%

Sales demand

Buyer's market

Capital growth (5yrs)

-9%

Property History

Listed for £2,500,000

March 17, 2025

Floor Plans

Description

A spacious two-bedroom flat in a Victorian building, benefiting from a lift and caretaker.

Entering the flat on the second floor, the lobby opens onto a pair of bedrooms. The first bedroom has a pair of south-west-facing sash windows and an ensuite bathroom. The second, principal bedroom has a corridor wardrobe leading through to an ensuite bathroom, with a window overlooking the beautiful gardens behind Cheyne Walk.

Returning to the lobby, a third door leads through to the substantial reception room, with more south-west facing windows ensuring the room is well-lit during the day. There is enough space enough for a generous seating area and a separate dining area, which in turn opens onto the kitchen. The kitchen is decorated with marble worktops and wooden units, while a raised breakfast area looks out over the rear gardens.

The property is in good condition, with wooden floors and bathrooms decorated in a stylish fashion, including marble and stone tiling.

Cheyne Gardens is a quiet street lined with handsome red-brick Victorian houses, adjacent to the historic properties of Cheyne Walk. Both Albert Bridge and the Chelsea Embankment are a short walk away, while the beautiful private grounds of the Chelsea Physic Garden and the open spaces of Battersea Park are both within reach. Finally, the celebrated shops and restaurants of the King’s Road are all close by, as well as the charming pubs and streets that make up the Chelsea village.

Agent Details

Russell Simpson, Chelsea

020 3835 6490

Next Steps?

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