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Lurline Gardens, London

London

£550,000
Listed on 02/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

This flat in Albert Palace Mansions presents a promising opportunity for investors or homeowners looking to create a tailored living space. The property features two spacious double bedrooms, along with a generous kitchen/dining area and a separate reception room, all of which are ready for modern updates. Its prime location near the scenic river walks and the historic Battersea Park offers both leisure and urban amenities, with the vibrant shopping and dining options at Battersea Power Station just a short distance away. Transport links are commendable, as Queenstown Road and Battersea Park mainline stations are within approximately 0.3 miles, offering easy access to central London via the Northern line at Battersea Power Station. This leasehold property currently has 43 years remaining on the lease and carries an annual service charge of £3,000 alongside a ground rent of £25. This flat's renovation potential combined with its advantageous location makes it an attractive investment prospect.

Investment Analysis

(SW11 area)
Area Average
£941/sq ft
Avg Rent (weekly)
£776
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SW11)

Area prices are falling by -10.9% over the last 12 months
3 year growth: -20.3%
5 year growth: -3.0%
Investment Disclaimer: Analysis based on SW11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lurline Gardens, London
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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