2-bedroom flat · SW15 5DU
For saleReduced £25k (−5.3%) on 17 OctListed 287 days
Opportunity summary
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About
Fabulous, generously sized, two-bedroom, raised ground floor apartment situated within the idyllic Queen Mary's Place development, a stone's throw from Richmond Park and ideally located for the many attractions of Putney, Barnes, Richmond and Wimbledon.
Entering through a spacious hallway, one emerges into a bright, open-plan living room, with separate dining area and handsome, state-of-the-art kitchen.
Suffused with natural light from south-facing windows, French doors open onto a good-sized balcony, providing views in two directions and adding to the sense of space.
The spacious master bedroom benefits from a handsome Sharp's built-in wardrobe and well appointed en suite bathroom.
The equally well appointed family bathroom is located off the hallway and leads on to bedroom two, a good sized double, also enjoying ample wardrobe space.
The property comes with secure, underground parking, while the bus stop directly opposite Queen Mary's Place offers a frequent service to Hammersmith, Richmond, and Putney, including Barnes and Putney railway stations with their connections into Waterloo, and Putney Bridge for the District Line on the Tube.
As well as having Richmond Park on the doorstep, a short walk takes you to Putney Heath and on to Wimbledon Common - with the allure of a pleasant, relaxing stroll to Wimbledon village.
Or for more vigorous exercise there is a well-equipped, residents only gym. Queen Mary's Place is particularly family friendly, with children of all ages enjoying the sense of community.
The area benefits from a number of excellent schools, both primary and secondary. The closest, Ibstock Place, a well regarded, high-achieving independent school is just around the corner.
The Roehampton University campus, situated on the other side of Roehampton Lane, also lends an appealing, lively buzz to the area.
Even without the numerous plus points, the unique appeal of the development quickly becomes apparent.
Firstly, the roads are a calm place with virtually no traffic - quite a rare feature in modern-day London.
Added to that, along with numerous eye-pleasing architectural features, there are two formal gardens: A beautifully maintained rose garden and a sunken garden with fountain, overlooked by the magnificent 18th century, Grade I listed Roehampton House.
Additional Information: Council Tax: Band C Energy Performance Certificate (EPC) Rating: Band B (81-91) Ground Rent: £500 Every 12 Months Service Charge: £750 Per Quarter Services Included: Maintenance of all public areas (including numerous gardens); communal heating system; secure underground parking space; residents' exclusive gym.
As a showpiece project of developer St. James, part of the Berkeley Group, the properties at qmp were finished to a high standard, creating a sense of quality living that embraces you when you enter.
This feel good factor extends to the immediate environs, indeed the whole of Queen Mary's Place, which provide a kind of decompression zone from the world outside.
All in all, this might just be southwest London's best kept secret....
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 101, Queen Mary's House, London
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