# 2 bedroom flat for sale (SW11 7AS)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 122, CHANCERY BUILDING, 3, NEW MILL ROAD, LONDON, GREATER LONDON SW11 7AS |
| Price | £800,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Floor area | 70 m² |
| Last sold | £780,000 Feb 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 31/08/2025 — **EXPIRED** (no longer valid for marketing or letting)
- **Current heating cost:** £219/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0898-7077-7301-4405-2904)

## Description

Moments from the River Thames, this excellent 12th floor flat offers 2 gorgeous double bedrooms, spacious open plan reception with modern integrated kitchen, and amazing views across the city from the private balcony.

Perfectly located seconds away from the River Thames, this property benefits from being moments away from great transport links at both Nine Elms station and Battersea Power Station. 

Please use the reference CHPK4333740 when contacting Foxtons.

## Property Photos

- ![Photo](/listings/photos/157710587/1084785)
- ![Photo](/listings/photos/157710587/1084786)
- ![Photo](/listings/photos/157710587/1084787)
- ![Photo](/listings/photos/157710587/1084788)
- ![Photo](/listings/photos/157710587/1084789)
- ![Photo](/listings/photos/157710587/1084790)
- ![Photo](/listings/photos/157710587/1084791)
- ![Photo](/listings/photos/157710587/1084792)
- ![Photo](/listings/photos/157710587/1084793)
- ![Photo](/listings/photos/157710587/1084794)
- ![Photo](/listings/photos/157710587/1084795)

## Floorplans

- ![Floorplan area for info only, not for Â£/sq. ft valuation](/listings/photos/157710587/1084796) - Floorplan area for info only, not for Â£/sq. ft valuation
- ![Floorplan 2](/listings/photos/157710587/1084797) - Floorplan 2

## EPC Graphs

- ![EER](/listings/photos/157710587/1084798) - EER

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHANCERY BUILDING, 3 APARTMENT 122 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £780,000 | 05/02/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CAPITAL BUILDING, 8 APARTMENT C64 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AR | £980,000 | 20/01/2026 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT F74 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BT | £655,000 | 12/12/2025 | Flat |
| CAPITAL BUILDING, 8 APARTMENT C105 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AR | £1,125,000 | 28/11/2025 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT B51 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BP | £1,192,500 | 28/07/2025 | Flat |
| CAPITAL BUILDING, 8 APARTMENT C115 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AR | £1,190,000 | 20/03/2025 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT E44 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BS | £1,500,000 | 08/12/2023 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 61 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £206,500 | 01/12/2023 | Flat |
| CAPITAL BUILDING, 8 APARTMENT B56 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AQ | £970,000 | 08/11/2023 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 91 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £217,000 | 06/10/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT D114 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BR | £900,000 | 05/10/2023 | Flat |
| CAPITAL BUILDING, 8 APARTMENT B122 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AQ | £965,000 | 28/09/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT A85 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BN | £1,000,000 | 06/09/2023 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 104 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £155,000 | 30/08/2023 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 48 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £192,500 | 18/08/2023 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 55 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £367,250 | 04/08/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT A76 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BN | £535,000 | 23/06/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT A55 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BN | £945,000 | 19/04/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT F41 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BT | £725,000 | 10/03/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT B135 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BP | £1,015,000 | 10/02/2023 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT F171 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BT | £730,000 | 20/12/2022 | Flat |
| CAPITAL BUILDING, 8 APARTMENT A74 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AE | £765,000 | 13/12/2022 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT F124 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BT | £690,000 | 07/12/2022 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT B53 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BP | £950,000 | 06/12/2022 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT F131 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BT | £820,000 | 02/12/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 79 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £143,750 | 30/11/2022 | Flat |
| AMBASSADOR BUILDING, 5 APARTMENT D81 NEW UNION SQUARE, LONDON, WANDSWORTH, GREATER LONDON, SW11 7BR | £870,000 | 30/11/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 106 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £187,500 | 20/09/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 62 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £187,500 | 24/06/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 108 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £300,000 | 31/05/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 73 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £187,500 | 09/03/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 95 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £572,000 | 28/02/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 94 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £155,000 | 28/02/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 83 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £192,500 | 25/02/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 21 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £150,000 | 31/01/2022 | Flat |
| [Same street] CHANCERY BUILDING, 3 APARTMENT 66 NEW MILL ROAD, LONDON, WANDSWORTH, GREATER LONDON, SW11 7AS | £162,500 | 27/10/2021 | Flat |

**Street average:** £225,100 (15 sales)
**Area average:** £926,125 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £741,979 (213 Flat, SW11, 2024–2026)
- **Deviation:** +7.8%

## Rental Range

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

- **Low:** £2,339/mo
- **Realistic:** £2,599/mo
- **Optimistic:** £2,859/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 |
|------|------|------|------|------|
| [William Blake House, Bridge Lane, SW11](http://87.117.209.195:8080/listings/a4d5846) | £6,500/mo | 2 | 1.49 miles | Rightmove |

**Average rent: £6,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.81% (okay)
- **Max investor price (0.8%):** £812,500
- **Target investor price (1%):** £650,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £6,500/mo).*

- **Gross yield:** 9.8%
- **Cost-to-rent:** 10.3×
- **Monthly cashflow:** £2,675/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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:** £11,429/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -4.5%
- **10y growth:** -7.1%

## House Price Index (HM Land Registry)

*Official index for Wandsworth; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6.4%
- **5y growth (index):** -1.4%
- **10y growth (index):** -7.5%

## 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)
