# 3 bedroom apartment for rent (SW11 8DL)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 805, PICO HOUSE 2, PROSPECT WAY, LONDON, GREATER LONDON SW11 8DL |
| Price | £5,633 pcm |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Council tax | G |
| Last sold | £2,025,000 Jan 2024 |

## Description

A brand new furnished three bedroom, three bathroom apartment situated in the newest phase of the iconic Power Station development.  Offering luxury accommodation and unique design, this stunning property also benefits from Siemens appliances which include, a dishwasher and combination washer / dryer.

Situated in the heart of the historic development, residents can take advantage of the selection of vibrant shops, restaurants and leisure spaces available to them. The River Thames, Chelsea, Battersea Park and zone 1 tube and rail stations are located close by.

Minimum contract: 12 months

Council tax band : Wandsworth G

Change of contract fee: £50 including VAT

Electricity supply – Mains | Water supply – Mains | Sewerage – Mains | Heating – Underfloor heating and cooling

To check broadband and mobile phone coverage please visit Ofcom here

## Property Photos

- ![Photo](/listings/photos/145469642/248634)
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- ![Photo](/listings/photos/145469642/248641)
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- ![Photo](/listings/photos/145469642/248646)
- ![Photo](/listings/photos/145469642/248647)
- ![Photo](/listings/photos/145469642/248648)

## Floorplans

- ![Floorplan 1](/listings/photos/145469642/248649) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/145469642/248650) - EE Rating

## 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:** 997%
- **Monthly cashflow:** £4,165/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3059.4%

*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)