As updated by Saint Andrews Bureau in Jul 2024, Flat 82, South Block 1B, London is a modern leasehold apartment with a share of the freehold and with 710 ft2 of internal area comprising 2 bedrooms .
The apartment is in South Block, Belvedere Road, London, SE1.
Belvedere Road, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 82 South Block 1B London as £724,019 and the rental value as £2,848 per month giving an expected gross yield of 4.7%.
Saint Andrews Bureau described the decorative condition as fair in Jul 2024.
Over the last 12 months the sale value of Flat 82 South Block 1B London has increased by £6,605 (0.9%) and its rental value has increased by £134 per month (4.7%).
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 82, South Block 1B, London is in very good condition we estimate a sale value of £760,220 and rental value of £2,990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,338 and a rental value of £2,649 per month.
If you were able to purchase this property for the estimated value of £724,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,558 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 82, South Block 1B, London was last sold on 24 Jul 1996 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to Saint Andrews Bureau , Flat 82, South Block 1B, London was let once since 2021 with the latest being in Feb 2023 for an undisclosed price.
Since Feb 2023, the market values of similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 82, South Block 1B, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 127, North Block 1C, Belvedere Road, London, SE1 7GF, a Leasehold flat which sold for £650,000 in Oct 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 82, South Block 1B, London within a radius of 350 metres over the last 2 years.
Most recently Flat 140, North Block 1C, Belvedere Road, London, SE1 7GF, a Leasehold flat let by Saint Andrews Bureau in Aug 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belvedere Road, London, SE1 has a total of 786 addresses. According to our analysis of all the public data, Flat 82, South Block 1B, London is the 302nd largest and the 362nd most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in SE1.
Flat 82, South Block 1B, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2018.
The property is not connected to mains gas and has full secondary glazing. It is heated using electric storage heaters.
The closest station to Flat 82, South Block 1B, London is Waterloo 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 Flat 82, South Block 1B, London, 76.3% of property is privately rented and 11.1% 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 Flat 82, South Block 1B, London, 23.8% of residents are recorded as possessing school level qualifications and 80.1% 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 82, South Block 1B, London, the average age was 35.7 and the most common age was 22.
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 82, South Block 1B, London, 4.4% 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 82, South Block 1B, 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.