2 Bed Flat, Single Let, London, SW1V 3BP, £550,000

Churchill Gardens, London, SW1V 3BP - 1 views - a month ago

Leasehold

BTL

ROI: 1%

~65 m²

+10 photos

ValuationUndervalued

Sold Prices	£370K - £1.3M
Sold Prices/m²	£8.4K/m² - £24.6K/m²

Square Metres	~64.70 m²
Price/m²	£8.5K/m²
Value Estimate	£676,500£676,500
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£46,200£46,200
Total Cash In	£183,700£183,700

Cash Out
Rent Range	£1,950 - £22,750£1,950 - £22,750
Rent Estimate	£2,375
Running Costs/mo	£2,214£2,214
Cashflow/mo	£161£161
Cashflow/yr	£1,932£1,932
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £370K to £1.3M, average is £706.5K. £8.4K/m² to £24.6K/m², average is £12.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£550K	03/23	0 mi	Flat 17, Sullivan House, Churchill Gardens, London, Greater London SW1V 3BP	-	-	2	Flat
£500K	02/21	0.07 mi	Flat 64, Gilbert House, Churchill Gardens, London, Greater London SW1V 3HW	-	-	2	Flat
£480K	02/23	0.08 mi	Flat 5, Wilkins House, Churchill Gardens, London, Greater London SW1V 3BY	-	-	2	Flat
£440K	04/21	0.08 mi	Flat 47, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£455K	02/23	0.08 mi	Flat 36, Chippendale House, Churchill Gardens, London, Greater London SW1V 3BU	-	-	2	Flat
£515K	10/20	0.1 mi	Flat 71, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AD	-	-	2	Flat
£528K	01/21	0.1 mi	Flat 37, Lutyens House, Churchill Gardens, London, Greater London SW1V 3AB	-	-	2	Flat
£540K	05/23	0.12 mi	Flat 41, Ripley House, Churchill Gardens, London, Greater London SW1V 3AF	£8,438	64	2	Flat
£713K	04/21	0.14 mi	Flat A, 16, Sutherland Street, London, Greater London SW1V 4LA	-	-	2	Flat
£1.3M	04/21	0.18 mi	69a, Gloucester Street, London, Greater London SW1V 4EA	£14,793	86	2	Flat
£790K	05/21	0.19 mi	43a, Cumberland Street, London, Greater London SW1V 4LU	£12,804	62	2	Flat
£800K	04/23	0.2 mi	Basement Flat, 61, Gloucester Street, London, Greater London SW1V 4DZ	£11,268	71	2	Flat
£660K	06/23	0.22 mi	Basement Flat, 9, Cumberland Street, London, Greater London SW1V 4LS	-	-	2	Flat
£640K	11/20	0.24 mi	Flat 40, Russell House, Cambridge Street, London, Greater London SW1V 4EQ	-	-	2	Flat
£760K	09/23	0.25 mi	Ground Floor Flat, 110, Cambridge Street, London, Greater London SW1V 4QF	£17,273	44	2	Flat
£1.3M	04/23	0.25 mi	Second And Third Floor Maisonette, 110, Cambridge Street, London, Greater London SW1V 4QF	-	-	2	Flat
£860K	04/21	0.25 mi	118a, Cambridge Street, London, Greater London SW1V 4QF	£12,647	68	2	Flat
£537.5K	02/21	0.26 mi	Ground Floor Flat, 174, Cambridge Street, London, Greater London SW1V 4QE	£10,539	51	2	Flat
£520K	06/21	0.26 mi	Flat 52, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ	-	-	2	Flat
£1.1M	06/21	0.28 mi	Second And Third Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	-	-	2	Flat
£813.3K	09/23	0.28 mi	First Floor Flat, 73, Alderney Street, London, Greater London SW1V 4HH	£24,644	33	2	Flat
£950K	06/21	0.31 mi	55a, Cambridge Street, London, Greater London SW1V 4PS	£8,962	106	2	Flat
£1.1M	10/20	0.34 mi	Flat G, 23, Warwick Square, London, Greater London SW1V 2AB	£10,942	105	2	Flat
£835K	09/21	0.34 mi	Basement Flat, 68, Claverton Street, London, Greater London SW1V 3AX	£12,463	67	2	Flat
£700K	02/24	0.34 mi	78, Ground Floor Flat, Claverton Street, London, Greater London SW1V 3AX	£12,727	55	2	Flat
£925K	04/21	0.35 mi	9a, Gloucester Street, London, Greater London SW1V 2DB	£13,214	70	2	Flat
£1.3M	09/23	0.39 mi	7a, Warwick Square, London, Greater London SW1V 2AA	£13,064	98	2	Flat
£750K	04/23	0.39 mi	64, Warwick Square, London, Greater London SW1V 2AL	-	-	2	Flat
£728K	10/23	0.39 mi	Flat 2, Clarion House, Moreton Place, London, Greater London SW1V 2NN	-	-	2	Flat
£800K	11/20	0.4 mi	29a, Moreton Place, London, Greater London SW1V 2NL	£13,115	61	2	Flat
£830K	05/23	0.41 mi	Lower Ground Floor Flat, 88, Belgrave Road, London, Greater London SW1V 2BJ	£8,602	96	2	Flat
£796.2K	03/21	0.45 mi	First Floor Flat, 9, Eccleston Square, London, Greater London SW1V 1NP	£18,095	44	2	Flat
£475K	02/23	0.46 mi	Flat 8, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£675K	02/23	0.46 mi	Flat 41, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£625K	01/24	0.46 mi	Semley House, Flat 43, Semley Place, London, Greater London SW1W 9QJ	£8,562	73	2	Flat
£560K	06/23	0.46 mi	Flat 37, Semley House, Semley Place, London, Greater London SW1W 9QJ	-	-	2	Flat
£645K	12/20	0.48 mi	Flat 24, Royal Belgrave House, Hugh Street, London, Greater London SW1V 1RR	-	-	2	Flat
£1.1M	02/21	0.48 mi	Flat 9, Venner House, Bourne Street, London, Greater London SW1W 8UR	-	-	2	Flat
£685K	06/21	0.51 mi	Flat 39, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NF	-	-	2	Flat
£590K	11/20	0.51 mi	Flat 60, Joseph Conrad House, Tachbrook Street, London, Greater London SW1V 2NG	-	-	2	Flat
£370K	12/20	0.51 mi	Flat 17, Thessaly House, Thessaly Road, London, Greater London SW8 4EB	-	-	2	Flat
£540K	03/23	0.53 mi	Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London SW1V 2SU	-	-	2	Flat
£870K	04/23	0.53 mi	Flat 5, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£925K	08/21	0.54 mi	Flat 10, Elm Quay Court, Nine Elms Lane, London, Greater London SW8 5DE	-	-	2	Flat
£656K	05/21	0.54 mi	Flat 5, Wedderburn House, Lower Sloane Street, London, Greater London SW1W 8BZ	-	-	2	Flat
£470K	10/20	0.55 mi	Flat 25, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£435K	06/23	0.55 mi	Flat 2, Wenham House, Ascalon Street, London, Greater London SW8 4DY	-	-	2	Flat
£1.1M	06/23	0.62 mi	Flat 8, York House, Turks Row, London, Greater London SW3 4TH	-	-	2	Flat
£1.2M	03/21	0.64 mi	Flat 17a, Vincent House, Vincent Square, London, Greater London SW1P 2NB	-	-	2	Flat
£870K	03/21	0.65 mi	Flat 3, Prince Of Wales Mansions, Prince Of Wales Drive, London, Greater London SW11 4BG	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £22.8K/mo, average is £3.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,492	09/24	0.06 mi	Churchill Gardens, Westminster, London, SW1V	2	Flat
£2,557	09/24	0.07 mi	Gilbert House, Churchill Gardens, London, SW1V	2	Flat
£1,950	12/24	0.08 mi	-	2	Flat
£2,383	09/24	0.08 mi	Churchill Gardens, Pimlico	2	Flat
£2,470	09/24	0.1 mi	Churchill Gardens, London, SW1V	2	Flat
£3,445	09/24	0.11 mi	Gatliff Road, Belgravia, SW1W	2	Flat
£3,500	10/24	0.13 mi	-	2	Flat
£2,500	09/24	0.14 mi	Blackstone House, Churchill Gardens, London, SW1V	2	Flat
£2,496	09/24	0.14 mi	Gloucester Street, Pimlico	2	Flat
£2,500	03/25	0.15 mi	-	2	Flat
£2,275	04/25	0.15 mi	-	2	Flat
£4,767	09/24	0.16 mi	Bramah House, Grosvenor Waterside, 9 Gatliff Road, Chelsea, London, SW1W	2	Flat
£4,767	04/25	0.16 mi	-	2	Flat
£4,000	09/24	0.16 mi	Bramah House, London, SW1W	2	Flat
£2,600	10/24	0.17 mi	-	2	Flat
£3,500	09/24	0.18 mi	-	2	Flat
£3,987	09/24	0.18 mi	Hirst Court, Grosvenor Waterside, Gatliff Road, Chelsea, London, SW1W.	2	Flat
£3,370	09/24	0.19 mi	Sussex Street, London, SW1V 4RW, UK	2	Flat
£3,683	09/24	0.19 mi	Gatliff Road London SW1W	2	Flat
£3,987	09/24	0.19 mi	Gatliff Road Sloane Square SW1W	2	Flat
£3,445	09/24	0.19 mi	Gatliff Road, Pimlico, SW1W	2	Flat
£3,250	09/24	0.19 mi	Winchester Street, Pimlico, London, SW1V	2	Flat
£2,400	12/24	0.2 mi	-	2	Flat
£22,750	09/24	0.2 mi	Whistler Square, Chelsea Barracks, Belgravia, London, SW1W	2	Flat
£4,250	09/24	0.2 mi	Winchester Street, London, SW1V	2	Flat
£4,250	09/24	0.2 mi	-	2	Flat
£3,250	09/24	0.2 mi	-	2	Flat
£3,750	09/24	0.2 mi	-	2	Flat
£3,499	10/24	0.2 mi	-	2	Flat
£3,500	01/25	0.2 mi	-	2	Flat
£3,950	04/25	0.2 mi	-	2	Flat
£2,695	09/24	0.2 mi	-	2	Flat
£2,695	09/24	0.2 mi	Pimlico, London, SW1V	2	Flat
£3,100	02/25	0.2 mi	-	2	Flat
£3,445	09/24	0.21 mi	Gatliff Road, London	2	Flat
£3,445	09/24	0.21 mi	Gatliff Road, London	2	Flat
£4,767	09/24	0.21 mi	Grosvenor Waterside, London	2	Flat
£2,350	09/24	0.22 mi	Winchester Street, London, UK, SW1V	2	Flat
£4,745	09/24	0.22 mi	Moore House, Grosvenor Waterside, 2 Gatliff Road, London, SW1W	2	Flat
£4,758	09/24	0.22 mi	Moore House, Grosvenor Waterside, Gaitliff Road	2	Flat
£2,400	09/24	0.23 mi	Gloucester Street, London, SW1V	2	Flat
£2,000	09/24	0.23 mi	Churchill Gardens, London, UK, SW1V	2	Flat
£3,683	09/24	0.23 mi	Battersea Power Station, London SW11	2	Flat
£2,383	09/24	0.23 mi	Alderney Street, Victoria / Pimlico SW1V	2	Flat
£2,600	09/24	0.23 mi	Alderney Street, Pimlico / Victoria SW1V	2	Flat
£4,758	09/24	0.24 mi	Moore House, Grosvenor Waterside, 2 Gatliff Road, London, SW1W	2	Flat
£2,525	09/24	0.24 mi	-	2	Flat
£2,400	10/24	0.24 mi	-	2	Flat
£2,400	10/24	0.24 mi	-	2	Flat
£2,500	04/25	0.24 mi	-	2	Flat

Local Area Statistics

Population in SW1V	22,81022,810
Population in London	4,771,9214,771,921
Town centre distance	3.36 miles away3.36 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.45 miles away0.45 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+6%+6%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+2%+2%

Property History

Listed for £550,000

March 20, 2025

Floor Plans

Description

Two Double Bedrooms +
Balcony With Views Over The River Thames +
Bathroom With Separate WC +
Fitted Kitchen +
Spacious Living Areas +
Prime Location +
Excellent Transport Links +

The Property
In the heart of Pimlico, this bright and spacious two-bedroom apartment is set within the sought-after Churchill Gardens Estate. With a prime central London location, close to Chelsea Kings Road, excellent transport links, it is a fantastic living space for first-time buyers, professionals, or investors.

The apartment is set in a well-maintained block, offering elevated views of London and the River Thames.

The welcoming spacious hallway, with built-in storage, leads into the generously sized reception room, perfect for relaxing or entertaining guests. Large windows flood the space with natural light, and the room provides direct access to a private balcony that offers views across the river Thames and Battersea Power Station.

The separate fitted kitchen is well-equipped with ample counter space, cabinetry, and room for appliances, creating a easy cooking space.

Both double bedrooms are bright and airy, featuring ample space for wardrobes and storage. The property benefits from a family bathroom with a full-size bathtub and a separate WC, adding convenience for residents.

Located in Zone 1, the property is just a short walk from Pimlico Underground Station (Victoria Line) and Victoria Station (National Rail, Underground, and Gatwick Express), making it ideal for commuters. The River Thames, Battersea Park, and a range of local shops, cafés, and restaurants are all within easy reach.

Property ownership information

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 22/02/2116

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering South West London

020 3897 7789

Next Steps?

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

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