According to the public record, Apartment 10, Devon House 1, London is a period leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Devon House, Maidstone Buildings Mews, London, SE1.
Maidstone Buildings Mews, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Apartment 10, Devon House 1, London has 21 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 10 Devon House 1 London as £729,224 and the rental value as £3,078 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Apartment 10 Devon House 1 London has decreased by £6,726 (0.9%) and its rental value has increased by £72 per month (2.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 10, Devon House 1, London is in very good condition we estimate a sale value of £765,685 and rental value of £3,232 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £678,178 and a rental value of £2,862 per month.
If you were able to purchase this property for the estimated value of £729,224, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,584 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Apartment 10, Devon House 1, London was last sold on 13 Jan 2020 for £800,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 10, Devon House 1, London within a radius of 350 metres over the last 2 years.
The most recent example is Apartment 7, Devon House 1, Maidstone Buildings Mews, London, SE1 1GE, a Leasehold flat which sold for £860,000 in Aug 2021.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maidstone Buildings Mews, London, SE1 has a total of 53 addresses. According to our analysis of all the public data, Apartment 10, Devon House 1, London is the 40th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SE1.
Apartment 10, Devon House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 10, Devon House 1, London is Borough station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 10, Devon House 1, London, 59.6% of property is privately rented and 19.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 10, Devon House 1, London, 16.0% of residents are recorded as possessing school level qualifications and 77.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 10, Devon House 1, London, the average age was 34.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 10, Devon House 1, London, 2.8% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 10, Devon House 1, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.