# 2 bedroom flat for rent (SE11 5AQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 63, 281 KENNINGTON LANE, LONDON, GREATER LONDON SE11 5AQ |
| Price | £3,700 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | F |
| Last sold | £926,720 Mar 2023 |

## Description

Let UK Home are excited to offer this stunning 2-bedroom apartment in Phoenix Court, located in the highly sought-after Oval Village development in Central London.

This property comprises a large bright open plan kitchen and living room leading to a large private balcony with great views, two double bedrooms(master with wardrobe & en-suite), a large family sized bathroom and ample storage.

Residents of this exceptional development have exclusive use of the spa, indoor swimming pool, sauna, gymnasium and private screening room. Furthermore, residents will also benefit from a 24 hour concierge and an unrivalled selection of shops, bars, restaurants, leisure facilities and beautiful courtyards. 

The apartment is surrounded by three subway lines. It is within walking distance of three subway stations, Vauxhall, Oval and Kennington, and two subway lines, Victoria Line and Northern Line, which can lead to all important stations in central London.

The apartment is close to the Kia Cricket Ground, which is the cricket ground with the most cricket matches in the UK. At the same time, daily life is very convenient, there is a large Tesco downstairs, and it is close to Kennington Park and the US Embassy. The river Thames is also just a short walk away, offering beautiful views and a variety of recreational activities. The neighborhood is also home to an abundance of trendy shops, bars, and restaurants, providing residents with plenty of options for dining and entertainment.

## Property Photos

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## Floorplans

- ![floorplan.jpg](/listings/photos/166049321/214503) - floorplan.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/166049321/214504) - 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):** £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, Wesley Close, SE17 | £2,600/mo | 2 | 0.6 miles | OpenRent |
| 2 Bed Flat, Brook Drive, SE11 | £7,000/mo | 2 | 0.71 miles | OpenRent |

**Average rent: £4,800/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,800/mo).*

- **Gross yield:** 1556.8%
- **Monthly cashflow:** £4,280/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4787.1%

*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)