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1 bed flat for sale

POA

Richborne Terrace, Oval, London SW8

1 1
Interested in this property? Call +44 20 8115 8631 * or Request Details

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Property description

For sale as a whole or separately
- Two rarely available adjoining unbroken Victorian buildings divided into eight residential apartments over lower ground to second floors
- Located within a highly desirable residential location
- Full refurbishment which is nearing its competition
- Currently vacant apart from one apartment which is rented out
- Two apartments per floor with the two lower ground floor apartments and one raised ground floor apartment with their own private entrances
- The present owner is completing the refurbishment and the property can be either completed to an agreed specification or sold as it is

Location:
Richborne Terrace located just off Clapham Road in Oval is a quiet residential road in the London Borough of Lambeth. The apartments are a short walk from Oval, Vauxhall and Stockwell Tube Stations. The area is a very popular residential location that is easily commutable into the City and West End and a short distance from Nine Elms.
Oval (Northern Line) and Stockwell (Northern Line & Victoria Line) Underground stations provide convenient access to the City, West End and the transport hub that is Kings Cross/St Pancras International, whilst Vauxhall (Zone 1) underground (Victoria Line) and overgound stations provide wider access across greater London.

Key Information:
Total Net Internal Area Approx: 5,309 (493.19 sq.M)
Potential: Long term rental investment opportunity, corporate lets, or serviced apartments.
Parking: All apartments benefit from full rights to purchase parking permits from the local authority.
Tenure: Freehold & Leasehold (2 x Freehold and 8 x Leasehold titles, benefiting from sdlt relief for multiple dwellings).
Price: Poa; for sale as a whole or separately.
There are also three garages at the rear of the property with development potential for two dwellings subject to planning consent, these are available by separate negotiation.

Property info

Market activity
Average price paid £634,710 Sales 201 Current average value £724,418 (Zoopla Zed-Index) Value change -£41,484 ▼ -5.42%

Property value data/graphs for SW8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £1,147,948 £732 3.0 £957,500
Semi-detached £1,110,487 £748 3.6 £1,205,000
Terraced £893,656 £701 3.3 £1,001,645
Flats £690,112 £860 2.0 £577,082

Current asking prices in SW8

Average: £1,480,589
Avg. current asking prices in SW8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £591,650
(3)
£1,014,927
(15)
£1,295,421
(14)
£1,368,889
(9)
£1,627,494
(8)
Flats £795,364
(351)
£1,201,034
(542)
£2,794,897
(174)
£5,313,757
(21)
£9,500,000
(14)
All £793,638
(354)
£1,196,022
(557)
£2,683,234
(188)
£4,130,297
(30)
£6,637,270
(22)

Current asking rents in SW8

Average: £2,563 pcm
Avg. current asking prices in SW8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,294 pcm
(6)
£3,578 pcm
(7)
£2,194 pcm
(8)
£3,212 pcm
(7)
£5,001 pcm
(1)
Flats £1,967 pcm
(211)
£2,558 pcm
(334)
£4,362 pcm
(90)
£3,308 pcm
(18)
£3,510 pcm
(1)
All £1,948 pcm
(217)
£2,579 pcm
(341)
£4,185 pcm
(98)
£3,281 pcm
(25)
£4,256 pcm
(2)

Fun facts for SW8

Highest value in SW8
Highest value streets Zed-Index
Lansdowne Gardens £1,637,580
Wilkinson Street £1,266,114
Thackeray Road £1,247,220
St. George Wharf £1,242,286
Fentiman Road £1,191,045
Highest turnover in SW8
Highest turnover streets Turnover
Corben Mews 56.2%
Spencer Mews 33.3%
Mill Pond Close 27.3%
Cornell Square 24.4%
Clyston Street 20.0%

What Zoopla users think of SW8

Overall rating:

  • currently 4 stars
Very good - 79% (150 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate SW8:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Oval (0.3 miles)
  • Vauxhall (0.5 miles)
  • Vauxhall (0.5 miles)
  • London City Airport (7.7 miles)
  • London Heathrow Airport (14.8 miles)
  • London Gatwick Airport (23.1 miles)
  • St George Wharf Pier (0.6 miles)
  • Millbank Millennium Pier (1.0 mile)
  • Lambeth Pier (1.1 miles)

Nearby schools

View all schools in Lambeth
  • Reay Primary School (0.1 miles)
  • Ashmole Primary School (0.2 miles)
  • St Stephen's Church of England Primary School (0.2 miles)
  • King's College London Maths School (1.2 miles)
  • Westminster School (1.4 miles)
  • DLD College London (1.5 miles)
  • Archbishop Tenison's School (0.2 miles)
  • Durand Academy (0.3 miles)
  • Platanos College (0.4 miles)
Note: Distances are straight line measurements

Local info for Lambeth

About the neighbours in SW8

AskMe Q&A for Lambeth

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Arrange Viewing

For more information about this property, please contact
Interestates, SW3 on +44 20 8115 8631 * (local rate)

Monthly running costs Beta

£76 Monthly total

Home Insurance

Contents value up to £15,000 Average insurance cost £5/mo (£56/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £24 Electricity £28 Estimated energy cost £52/mo

Similar properties could save up to £189

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Interestates, and do not constitute property particulars. Please contact Interestates for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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