3 Bed Flat, Single Let, London, SW8 5DB, £925,000

Nine Elms Lane, London, SW8 5DB - 25 days ago

BTL
ROI: 3%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£233K - £1.7M
Sold Prices/m²£4.4K/m² - £18.1K/m²

 

 

Square Metres

~93 m²
Price/m²£9.9K/m²

Value Estimate

£705,115

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£83,700

Total Cash In

£314,950

 

 

Cash Out

 

Rent Range

£4,650 - £16,467

Rent Estimate

£4,743

Running Costs/mo

£3,859

Cashflow/mo

£884

Cashflow/yr

£10,605

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £233K to £1.7M, average is £632.5K. £4.4K/m² to £18.1K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£465K01/240.34 miFlat 8, Martin House, Wyvil Road, London, Greater London SW8 2SZ3
£550K10/200.34 miFlat 59, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ3
£550K10/200.34 miFlat 59, Keats House, Churchill Gardens, London, Greater London SW1V 3HZ3
£475K01/230.35 mi28, Davidson Gardens, London, Greater London SW8 2XB3
£475K06/230.35 mi15, Davidson Gardens, London, Greater London SW8 2XB3
£465K04/210.38 miFlat 38, Temple Court, Thorncroft Street, London, Greater London SW8 2BD3
£425K04/230.41 miFlat 50, Webb House, Hemans Street, London, Greater London SW8 4SU3
£690K07/230.44 miFlat 6, Campbell House, Churchill Gardens, London, Greater London SW1V 3HS3
£570K12/200.44 miFlat 14, Campbell House, Churchill Gardens, London, Greater London SW1V 3HS3
£650K12/200.44 mi73, Crimsworth Road, London, Greater London SW8 4RJ3
£650K12/200.44 mi73, Crimsworth Road, London, Greater London SW8 4RJ3
£485K06/210.45 miFlat 23, Abbot Court, Hartington Road, London, Greater London SW8 2BH3
£650K05/210.46 mi46a, Goldsboro Road, London, Greater London SW8 4RR3
£680.5K08/230.46 mi54a, Goldsboro Road, London, Greater London SW8 4RR3
£450K03/210.46 miFlat 47, Tillotson Court, Wandsworth Road, London, Greater London SW8 2NH3
£570K11/230.46 miFlat 31, De Quincey House, Lupus Street, London, Greater London SW1V 3ER3
£615K08/230.46 miFlat 27, De Quincey House, Lupus Street, London, Greater London SW1V 3ER3
£233K02/230.47 mi26b, Heyford Avenue, Kennington, London, Greater London SW8 1ED3
£759.4K04/230.5 miFlat 17, Landseer House, Cureton Street, London, Greater London SW1P 4EB3
£765K04/210.5 miFlat 15, Leighton House, John Islip Street, London, Greater London SW1P 4EA3
£870K09/210.51 miFlat 39, Turner House, Erasmus Street, London, Greater London SW1P 4DZ3
£885K01/210.53 miFlat 3, Forsyth House, Tachbrook Street, London, Greater London SW1V 2LE3
£610K03/240.54 mi27, Ebbisham Drive, London, Greater London SW8 1UB3
£450K07/230.54 miFlat 14, Benson Court, Hartington Road, London, Greater London SW8 2EX3
£595K02/230.54 miFlat 62, Nash House, Lupus Street, London, Greater London SW1V 3HQ3
£990K09/230.55 miFlat 8, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ3
£1.0M03/210.56 miFlat 15, Tounson Court, Montaigne Close, London, Greater London SW1P 4AQ3
£750K03/210.56 miFlat 12, Repton House, Charlwood Street, London, Greater London SW1V 2LD3
£799K12/220.56 miFlat 8, Repton House, Charlwood Street, London, Greater London SW1V 2LD3
£540K06/210.56 miFlat B, 337, Wandsworth Road, London, Greater London SW8 2JQ3
£932K05/230.57 miFlat 48, Ruskin House, Erasmus Street, London, Greater London SW1P 4HU3
£570K06/210.58 miFlat 62, Nash House, Lupus Street, London, Greater London SW1V 3HQ3
£375K12/200.59 miFlat 13, Brady House, Patmore Estate, London, Greater London SW8 4JP3
£498.4K09/210.59 miFlat 5, Harleyford Court, Harleyford Road, London, Greater London SE11 5BG3
£400K06/230.59 miFlat 56, Lulworth House, Dorset Road, London, Greater London SW8 1DR3
£880K03/230.59 miFlat 7, Millais House, Marsham Street, London, Greater London SW1P 4JN3
£725K10/200.6 miFlat 5, 62 - 64, Cumberland Street, London, Greater London SW1V 4LZ3
£1.7M10/230.6 miFlat 62, Horsley Court, Montaigne Close, London, Greater London SW1P 4BF3
£1.4M05/230.6 miFlat K, 59, Warwick Square, London, Greater London SW1V 2AL3
£772.5K10/210.61 miFlat 1, Reynolds House, Erasmus Street, London, Greater London SW1P 4HP3
£1.7M05/230.61 miApartment 68, Faraday House, Aurora Gardens, London, Greater London SW11 8ED3
£1.5M09/230.63 miFlat 11, St Augustines Mansions, Bloomburg Street, London, Greater London SW1V 2RG3
£1.3M11/230.66 miFlat 65, Westminster Gardens, Marsham Street, London, Greater London SW1P 4JG3
£1.1M02/210.67 miFlat D, 9, Warwick Square, London, Greater London SW1V 2AA3
£470K10/230.67 mi25, Teversham Lane, London, Greater London SW8 2DJ3
£471K06/210.68 miFlat 37, Grover House, Vauxhall Street, London, Greater London SE11 5LJ3
£600K01/230.68 miFlat 60, Tothill House, Page Street, London, Greater London SW1P 4DH3
£1.1M06/210.68 mi70a, Warwick Way, London, Greater London SW1V 1RZ3
£972.5K10/230.69 miFlat 11, Vincent Square Mansions, Walcott Street, London, Greater London SW1P 2NT3
£430K06/230.69 mi15, Thessaly Road, London, Greater London SW8 4HR3

Local Rents

50 rents from £4.7K/mo to £16.5K/mo, average is £6.2K/mo.

RentDateDistanceAddressBeds 
£4,75009/240.01 miRiverside Court, 20 Nine Elms Lane, London, SW83
£8,29601/250.06 mi-3
£6,87309/240.13 miCharles Clowes Walk, London3
£5,85009/240.13 miCarnation Way, London, SW83
£5,85009/240.13 miOne Thames City, Carnation Way SW83
£6,50009/240.13 miOne Thames City, London, SW83
£6,93309/240.13 miOne Thames City, London, SW83
£16,46709/240.13 miThames City London SW83
£5,20009/240.13 miThames City London SW83
£5,41709/240.13 miThames City London SW83
£6,39209/240.13 miThames City London SW83
£6,39209/240.13 miCarnation Way London SW83
£6,00009/240.13 miThames city, Nine Elms, SW83
£6,87309/240.14 miCharles Clowes Walk, London3
£5,87209/240.14 miCharles Clowes Walk, London3
£6,87309/240.14 miCharles Clowes Walk, London, SW113
£5,80009/240.15 miCharles Clowes Walk, New Covent Garden, SW113
£4,99901/250.15 mi-3
£4,99901/250.15 mi-3
£4,99912/240.15 mi-3
£4,65003/250.15 mi-3
£4,69503/250.15 mi-3
£4,65003/250.15 mi-3
£5,41709/240.16 miThe Modern, Embassy Gardens, London, SW11.3
£6,00209/240.17 miCarnation Way, N9, SW83
£6,87309/240.18 miThornes House, London, SW113
£5,00009/240.18 miCarnation Way, Thames City 3
£6,20009/240.18 miOne Thames City, Nine Elms, London, SW83
£6,60809/240.18 miCharles Clowes Walk, The Residence, SW113
£5,00009/240.18 mi-3
£7,58309/240.18 miSt George Wharf London SW83
£6,50009/240.18 miSt. George Wharf, London, SW83
£5,00009/240.19 miOne Thames City, London, SW83
£5,50009/240.19 miThames City, London, SW83
£5,39909/240.19 miCarnation Way, London, SW8.3
£6,19709/240.19 miCarnation Way, London, SW83
£7,80009/240.19 miCharles Clowes Walk, Nine Elms, London, SW113
£6,04009/240.19 miOne Thames City, 8 Carnation Way, Nine Elms, London, SW83
£6,19009/240.19 miOne Thames City, 8 Carnation Way, Nine Elms, London, SW83
£5,00009/240.19 miThames City, London3
£6,87309/240.19 miThornes House, Charles Clowes Walk, London3
£13,85009/240.19 miThe Tower, 1 St. George Wharf, Vauxhall, London3
£6,50009/240.19 miThe Tower, 1 St George Wharf, Vauxhall3
£7,50009/240.19 miThe Tower, 1 St. George Wharf, Vauxhall, SW83
£7,36709/240.19 miSt. George Wharf, London, SW8 2DU3
£5,80009/240.19 miOne Thames City, Nine Elms, SW83
£13,95009/240.19 miThe Tower, St. George Wharf, London, SW83
£13,94909/240.19 miThe Tower, One St George Wharf, Vauxhall, SW83
£7,80009/240.19 miCharles Clowes Walk, London3
£6,50009/240.19 mi-3

Local Area Statistics

Population in SW8

35,138

Population in London

4,771,921

Town centre distance

3.26 miles away

Nearest school

0.30 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

-5%

Property History

Listed for £925,000

March 22, 2025

Floor Plans

Description

  • Three Bedrooms +
  • Two Bathrooms +
  • 1,164 Sq Ft of internal space +
  • One allocated car parking space +
  • Ample storage space +
  • Refurbished kitchen +
  • River facing +
  • West facing aspect +
  • 0.4 mile radius to Vauxhall Station +
  • 0.5 mile radius to Northern Line Stations at Nine Elms and Battersea Power Station +

This three bedroom riverside property is located in the sought after Riverside Court development on the South bank of the River Thames is a must see.The property has been refurbished throughout with approximately 1,164 sq. ft of internal living space, three double bedrooms (with built in wardrobes) and two bathrooms. There is a fully equipped kitchen, a large reception room with fantastic views of the River Thames. Riverside Court is situated 0.4 mile radius from Vauxhall Station (Victoria Line and National Rail) and 0.5 mile radius to the Northern Line Stations at Nine Elms and Battersea Power Station, enabling quick access into Central London and the West End. Waitrose, Sainsburys and a number of independent cafés and bars all can be found within walking distance. Further benefits include a gated car parking space, on-site porter service and heating and hot water is included in the service charges.

Agent Details

LUGUS HOMES, London

020 8138 0231

Next Steps?

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