# 3 bedroom flat for rent (SW11 8DL)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 503, PICO HOUSE, 2, PROSPECT WAY, LONDON, GREATER LONDON SW11 8DL |
| Price | £7,800 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £2,513,965 Aug 2022 |

## Description

Pico House Prospect Place is the newest phase of Battersea Power Station, designed by award-winning architects, Gehry Partners.

Finished to a high standard throughout, the apartment has a heating and cooling system in the living room and bedrooms and underfloor heating in the bathrooms.  

Offering three double bedrooms, with built in wardrobes, the main bedroom has a walk in wardrobe and an en-suite.  Three bathrooms in total, open plan kitchen/ dining room and a winter garden. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker

## Property Photos

- ![703-Pico-House-25](/listings/photos/158840585/462852) - 703-Pico-House-25
- ![503-Pico-House-1](/listings/photos/158840585/462853) - 503-Pico-House-1
- ![503-Pico-House-2](/listings/photos/158840585/462854) - 503-Pico-House-2
- ![503-Pico-House-4](/listings/photos/158840585/462855) - 503-Pico-House-4
- ![503-Pico-House-7](/listings/photos/158840585/462856) - 503-Pico-House-7
- ![503-Pico-House-5](/listings/photos/158840585/462857) - 503-Pico-House-5
- ![503-Pico-House-6](/listings/photos/158840585/462858) - 503-Pico-House-6
- ![503-Pico-House-8](/listings/photos/158840585/462859) - 503-Pico-House-8
- ![503-Pico-House-9](/listings/photos/158840585/462860) - 503-Pico-House-9
- ![503-Pico-House-10](/listings/photos/158840585/462861) - 503-Pico-House-10
- ![503-Pico-House-11](/listings/photos/158840585/462862) - 503-Pico-House-11
- ![503-Pico-House-12](/listings/photos/158840585/462863) - 503-Pico-House-12
- ![503-Pico-House-14](/listings/photos/158840585/462864) - 503-Pico-House-14
- ![503-Pico-House-15](/listings/photos/158840585/462865) - 503-Pico-House-15
- ![503-Pico-House-16](/listings/photos/158840585/462866) - 503-Pico-House-16
- ![503-Pico-House-17](/listings/photos/158840585/462867) - 503-Pico-House-17
- ![503-Pico-House-18](/listings/photos/158840585/462868) - 503-Pico-House-18
- ![503-Pico-House-19](/listings/photos/158840585/462869) - 503-Pico-House-19
- ![503-Pico-House-21](/listings/photos/158840585/462870) - 503-Pico-House-21
- ![503-Pico-House-22](/listings/photos/158840585/462871) - 503-Pico-House-22

## Floorplans

- ![Final_1173525_503...](/listings/photos/158840585/462872) - Final_1173525_503...

## EPC Graphs

- ![Energy Performanc...](/listings/photos/158840585/462873) - Energy Performanc...

## Rental Range

*ONS Price Index of Private Rents (London). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,061/mo
- **Realistic:** £2,290/mo
- **Optimistic:** £2,519/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,247/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Flat, Lanchester Way, SW11 | £4,680/mo | 3 | 0.39 miles | OpenRent |

**Average rent: £4,680/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,680/mo).*

- **Gross yield:** 720%
- **Monthly cashflow:** £4,156/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2204.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)