# 2 bedroom flat for rent (SW5 0JR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1, ALLENBY HOUSE, 24, WETHERBY GARDENS, LONDON, GREATER LONDON SW5 0JR |
| Price | £2,925 pcm |
| Bedrooms | 2 |
| Construction age | England and Wales: before 1900 |
| Floor area | 43 m² |
| Last sold | £1,125,000 Apr 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £456/year
- **Est. upgrade cost to C:** £9,250

### Recommendations
- Q (£7,500 - £11,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2153-6213-7916-2042-2812)

## Description

A contemporary flat on the second floor of this beautiful period conversion.  Offers high ceilings, wooden floors and neutral decor and the rent is inclusive of heating and hot water.

## Property Photos

- ![Photo](/listings/photos/15800523/361376)
- ![Photo](/listings/photos/15800523/361377)
- ![Photo](/listings/photos/15800523/361378)
- ![Photo](/listings/photos/15800523/361379)

## Rental Range

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

- **Low:** £3,237/mo
- **Realistic:** £3,597/mo
- **Optimistic:** £3,957/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £972/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 |
|------|------|------|------|------|
| 2 Bed Flat, Courtfield Gardens, SW5 | £3,795/mo | 2 | 0.23 miles | OpenRent |

**Average rent: £3,795/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £3,795/mo).*

- **Gross yield:** 1556.9%
- **Monthly cashflow:** £3,379/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4780.2%

*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).*

## Price per Square Metre

- **£/m²:** £68/m²

## 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)