# 2 bedroom flat for rent (KT3 3FH) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1, LOWESWATER HOUSE, 19, POWDERMILL CLOSE, NEW MALDEN, GREATER LONDON KT3 3FH | | Price | £1,900 pcm | | Bedrooms | 2 | | Bathrooms | 2 | | Last sold | £350,000 Mar 2023 | ## Description Property Reference: 2464381. Property Type: 2-Bedroom Flat Key Features: New build apartmentModern interior throughoutEnsuite shower & 3-piece bathroomGood size private terraceDevelopment with communal gardens and kids play areaGreat location for Kingston town centre and A3 access18 minute walk to New Malden Station & Heathrow Airport in 32 minutes 8 minute drive to Richmond Park 24 minute train to London Waterloo Description: Welcome to a stunning 2-bedroom flat nestled within the sought-after new residential development in Powdermill Close. This modern apartment offers a contemporary lifestyle with an array of desirable features. Step into the spacious living area, flooded with natural light and adorned with sleek, modern finishes. The open-plan kitchen boasts integrated appliances and ample storage, perfect for culinary enthusiasts. The property comprises two well-proportioned bedrooms, including a master bedroom with an ensuite shower room, providing both privacy and convenience. Additionally, there's a stylish three-piece bathroom, ensuring comfort for residents and guests alike. One of the highlights of this apartment is the good-sized private terrace, offering a perfect spot for outdoor relaxation or alfresco dining with friends and family. Residents of Loweswater House also benefit from access to communal gardens and a kids' play area, providing ample space for recreation and relaxation within the development. Conveniently located, this property is just moments away from an Aldi supermarket and offers easy access to Kingston town centre and New Malden amenities. For motorists, A3 access is also a short drive away, providing excellent connectivity to surrounding areas. Don't miss out on the opportunity to make this modern and conveniently located apartment your new home. Contact us today to arrange a viewing and experience contemporary living at its finest. **Summary & Exclusions:** - Rent Amount: £1,900.00 per month (£438.46 per week) - Deposit / Bond: £2,192.30 - 2 Bedrooms - 2 Bathrooms - Property comes unfurnished - Available to move in from 28 April 2025 - Minimum tenancy term is 12 months - Maximum number of tenants is 3 - Students welcome to enquire - No Pets, sorry - No Smokers - Family Friendly - Bills not included - No Parking Available - No Garden Access - EPC Rating: B ** If calling, please quote reference: 2464381 ** **Fees:** You will **not** be charged any admin fees. ** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week. ## Property Photos - ![Photo](/listings/photos/161192282/569567) - ![Photo](/listings/photos/161192282/569569) - ![Photo](/listings/photos/161192282/569573) - ![Photo](/listings/photos/161192282/569578) - ![Photo](/listings/photos/161192282/569586) - ![Photo](/listings/photos/161192282/569590) - ![Photo](/listings/photos/161192282/569594) - ![Photo](/listings/photos/161192282/569597) - ![Photo](/listings/photos/161192282/569601) - ![Photo](/listings/photos/161192282/569603) - ![Photo](/listings/photos/161192282/569608) - ![Photo](/listings/photos/161192282/569612) - ![Photo](/listings/photos/161192282/569615) - ![Photo](/listings/photos/161192282/569618) - ![Photo](/listings/photos/161192282/569622) - ![Photo](/listings/photos/161192282/569628) - ![Photo](/listings/photos/161192282/569630) - ![Photo](/listings/photos/161192282/569635) - ![Photo](/listings/photos/161192282/569642) - ![Photo](/listings/photos/161192282/569646) - ![Photo](/listings/photos/161192282/569650) ## Rental Range *ONS Price Index of Private Rents (South East). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,273/mo - **Realistic:** £1,414/mo - **Optimistic:** £1,555/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer South West London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,491/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 Terraced House, Springfield Place, KT3 | £2,195/mo | 2 | 0.19 miles | OpenRent | **Average rent: £2,195/mo (1 listing)** ## Rent-driven metrics *Based on OpenRent comparables (median £2,195/mo).* - **Gross yield:** 1386.3% - **Monthly cashflow:** £1,943/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4231.6% *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)