According to the public record, Flat 2, 2, Hemans Street, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Hemans Street, London, SW8.
Hemans Street, London, SW8 is located in the borough of Lambeth within the SW8 postal district.
Flat 2, 2, Hemans Street, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated July 2015.
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 Flat 2 2 Hemans Street London as £412,573 and the rental value as £2,331 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 2 2 Hemans Street London has increased by £129 (0.0%) and its rental value has increased by £95 per month (4.1%).
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 Flat 2, 2, Hemans Street, London is in very good condition we estimate a sale value of £433,202 and rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,693 and a rental value of £2,168 per month.
If you were able to purchase this property for the estimated value of £412,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,028 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, Flat 2, 2, Hemans Street, London was last sold on 18 Jun 2021 for £415,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Hemans Street, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 8, Hodgson Apartments 110, Wandsworth Road, London, SW8 2LB, a Leasehold flat which sold for £442,250 in Apr 2023.
Read more about house prices in SW8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 290 metres radius of Flat 2, 2, Hemans Street, London over the last 2 years.
Most recently Flat 11, Bach House 50, Wandsworth Road, London, SW8 2ET, a Leasehold flat let by London Property Management in Aug 2021.
Hemans Street, London, SW8 has a total of 137 addresses. According to our analysis of all the public data, Flat 2, 2, Hemans Street, London is the 84th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in SW8.
Flat 2, 2, Hemans Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 2, Hemans Street, London is Nine Elms station which is 100 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 Flat 2, 2, Hemans Street, London, 68.2% of property is socially rented and 19.7% is privately rented.
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 Flat 2, 2, Hemans Street, London, 9.7% of residents are recorded as possessing school level qualifications and 39.1% 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 Flat 2, 2, Hemans Street, London, the average age was 35.3 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 Flat 2, 2, Hemans Street, London, 0.0% 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 Flat 2, 2, Hemans Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.