6 Bed Terraced House, Refurb/BRRR, London, NW8 6BR, £4,950,000

Rudgwick Terrace, Avenue Road, London, NW8 6BR - 108 views - 3 years ago

Refurb/BRRR

~342 m²

+10 photos

ValuationOvervalued

Sold Prices	£2.2M - £20.0M
Sold Prices/m²	£10.3K/m² - £29.7K/m²

Square Metres	~341.51 m²
Price/m²	£14.5K/m²
Value Estimate	£4,582,036£4,582,036

End Value (After Refurb)	£7,329,010£7,329,010
Uplift in Value	+48%+48%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£1,237,500£1,237,500
Stamp Duty & Legal Fees	£654,950£654,950
Refurb Costs	£180,477£180,477
Bridging Loan Interest	£129,938£129,938
Total Cash In	£2,204,614£2,204,614

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£7,329,010£7,329,010
Agent Fees (1%)	£73,290£73,290
Bridging Loan	£3,712,500£3,712,500
Bridging Loan Interest	£129,938£129,938
Flip Profit	£1,338,606£1,338,606

Local Sold Prices

28 sold prices from £2.2M to £20.0M, average is £6.3M. £10.3K/m² to £29.7K/m², average is £17.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£20.0M	04/22	0.11 mi	53, Avenue Road, London, Greater London NW8 6HR	£28,409	704	6	Detached House
£13.0M	12/20	0.27 mi	77, Avenue Road, London, Greater London NW8 6JD	£26,915	483	6	Detached House
£2.2M	02/23	0.35 mi	4, Lyttelton Close, London, Greater London NW3 3SR	-	-	6	Semi-Detached House
£7.0M	04/22	0.44 mi	6, Cavendish Avenue, London, Greater London NW8 9JE	-	-	6	Terraced House
£5.8M	10/20	0.45 mi	10, Cavendish Avenue, London, Greater London NW8 9JE	£13,573	431	6	Terraced House
£6.5M	07/23	0.45 mi	26, Cavendish Avenue, London, Greater London NW8 9JE	-	-	6	Semi-Detached House
£17.0M	06/22	0.49 mi	11, Cavendish Avenue, London, Greater London NW8 9JD	-	-	6	Detached House
£3.5M	04/21	0.5 mi	114, Loudoun Road, London, Greater London NW8 0ND	£13,145	262	6	Semi-Detached House
£9.0M	10/21	0.51 mi	2, Langford Place, London, Greater London NW8 0LL	£27,197	330	6	Semi-Detached House
£6.1M	03/21	0.61 mi	175, Gloucester Avenue, London, Greater London NW1 8LA	£22,483	270	6	Terraced House
£9.8M	04/22	0.61 mi	42, Springfield Road, St Johns Wood, London, Greater London NW8 0QN	£29,692	332	6	Detached House
£5.4M	03/22	0.62 mi	48, Lambolle Road, London, Greater London NW3 4HR	£18,299	294	6	Semi-Detached House
£7.3M	06/21	0.64 mi	33, Steeles Road, London, Greater London NW3 4RG	£17,494	415	6	Semi-Detached House
£4.8M	12/20	0.65 mi	99, Gloucester Avenue, London, Greater London NW1 8LB	£16,958	286	6	Terraced House
£4.8M	01/21	0.67 mi	54, Abbey Road, London, Greater London NW8 0QD	£12,667	375	6	Semi-Detached House
£2.8M	03/21	0.69 mi	48, Gloucester Avenue, London, Greater London NW1 8JD	£11,000	255	6	Terraced House
£2.9M	10/22	0.77 mi	35, Howitt Road, London, Greater London NW3 4LU	-	-	6	Terraced House
£5.0M	06/22	0.77 mi	62, Clifton Hill, St Johns Wood, London, Greater London NW8 0JT	£14,306	353	6	Detached House
£3.3M	06/21	0.78 mi	59, Glenmore Road, London, Greater London NW3 4DA	£12,313	268	6	Terraced House
£3.1M	03/21	0.78 mi	57, Glenmore Road, London, Greater London NW3 4DA	£10,333	300	6	Terraced House
£10.7M	01/23	0.8 mi	19, Daleham Gardens, London, Greater London NW3 5BY	-	-	6	Detached House
£6.6M	03/23	0.8 mi	105, Clifton Hill, St Johns Wood, London, Greater London NW8 0JR	-	-	6	Detached House
£6.8M	11/23	0.82 mi	31, St Johns Wood Road, London, Greater London NW8 8RA	£18,698	361	6	Semi-Detached House
£6.5M	02/21	0.86 mi	109, Clifton Hill, London, Greater London NW8 0JS	-	-	6	Detached House
£6.5M	07/22	0.86 mi	106, Clifton Hill, St Johns Wood, London, Greater London NW8 0JS	£18,513	351	6	Detached House
£6.1M	08/23	0.91 mi	16, Park Village East, London, Greater London NW1 7PX	-	-	6	Detached House
£8.0M	06/23	0.93 mi	10, Park Village West, London, Greater London NW1 4AE	-	-	6	Detached House
£2.6M	09/23	0.98 mi	37, Delancey Street, London, Greater London NW1 7RX	-	-	6	Terraced House

Local Rents

51 rents from £3K/mo to £21.4K/mo, average is £7.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£9,750	06/24	0.04 mi	Avenue Road, St Johns Wood, London, NW8	4	Flat
£8,450	06/24	0.04 mi	Avenue Road St Johns Wood NW8	4	Flat
£12,500	08/24	0.05 mi	Townshend Road, St John's Wood, NW8	5	Terraced House
£12,502	08/24	0.05 mi	Townshend Road, St Johns Wood, London, NW8	5	House
£7,345	06/24	0.07 mi	Avenue Road, St John's Wood, London, NW8	4	Flat
£7,778	06/24	0.07 mi	Avenue Close, Avenue Road, St Johns Wood, London, NW8	4	Flat
£21,450	06/24	0.09 mi	St. Stephen's Close, Avenue Road, London, NW8	5	Flat
£8,212	07/24	0.09 mi	St. Stephens Close, Avenue Road, St John's Wood, London, NW8	3	Flat
£9,750	06/24	0.09 mi	Woronzow Road, St John's Wood, London, NW8	5	Flat
£9,750	08/24	0.1 mi	Avenue Road, St John's Wood, NW8	5	Flat
£10,833	06/24	0.11 mi	Avenue Road, St Johns Wood, NW8	5	Flat
£13,000	06/24	0.11 mi	Avenue Road, St Johns Wood, NW8	5	Flat
£12,978	06/24	0.11 mi	Avenue Road, St Johns Wood, NW8	5	Flat
£12,783	07/24	0.11 mi	Avenue Road, St Johns Wood, NW8	5	Flat
£4,000	07/24	0.12 mi	Cecil Grove, Benjamin House Cecil Grove, NW8	3	Flat
£9,100	06/24	0.12 mi	Henstridge Place, St John's Wood, London, NW8	5	Terraced House
£9,100	07/24	0.12 mi	Henstridge Place, St Johns Wood, London, NW8	5	House
£9,750	08/24	0.12 mi	Avenue Road, St John's Wood	5	Flat
£4,333	06/24	0.13 mi	Avenue Road, St Johns Wood, London, NW8	3	Flat
£4,875	08/24	0.13 mi	Avenue Road, St Johns Wood, London, NW8	3	Flat
£4,000	10/24	0.14 mi	-	3	Flat
£4,767	06/24	0.14 mi	Benjamin House, Cecil Grove, London	3	Flat
£10,000	07/24	0.14 mi	Prince Regent Court, 8 Avenue Road, St Johns Wood NW8 7RB	4	Flat
£7,778	06/24	0.14 mi	Avenue Close, Avenue Road, London, NW8	4	Flat
£9,750	08/24	0.15 mi	London House, 7-9 Avenue Road, St Johns Wood, NW8	4	Flat
£5,178	08/24	0.15 mi	Avenue Road, St John's Wood	4	Flat
£5,997	08/24	0.15 mi	Avenue Road, St John's Wood	4	Flat
£5,200	06/24	0.15 mi	London House, 7-9 Avenue Road, NW8	3	Flat
£5,997	06/24	0.15 mi	London House, 7-9 Avenue Road, London, NW8	3	Flat
£6,000	07/24	0.15 mi	London House, 7-9 Avenue Road, NW8	4	Flat
£6,000	08/24	0.15 mi	London House, Avenue Road, London, NW8	4	Flat
£18,633	06/24	0.15 mi	Woronzow Road, St John's Wood NW8	4	Flat
£4,700	06/24	0.15 mi	London House, 7-9 Avenue Road, NW8	3	Flat
£7,345	06/24	0.15 mi	London House, Avenue Road, St John's Wood, London, NW8	4	Flat
£6,002	08/24	0.15 mi	London House, 7-9 Avenue Road, St John's Wood, London, NW8	4	Flat
£6,000	07/24	0.15 mi	Avenue Road London NW8	4	Flat
£21,450	06/24	0.15 mi	St Stephens Close, Avenue Road, St John's Wood NW8	5	Flat
£3,500	08/24	0.15 mi	Townshend Road, St Johns Wood, London, NW8	3	Flat
£3,200	10/24	0.15 mi	-	3	Flat
£3,467	07/24	0.15 mi	-	3	Flat
£3,200	10/24	0.15 mi	-	3	Flat
£3,200	06/24	0.16 mi	-	3	Flat
£3,200	07/24	0.16 mi	-	3	Flat
£6,002	07/24	0.16 mi	London House,Avenue Road, St Johns Wood	4	Flat
£2,999	06/24	0.17 mi	Shannon Place, St. John's Wood	4	Flat
£2,999	06/24	0.17 mi	Shannon Place London NW8	3	Flat
£7,150	06/24	0.18 mi	Parkwood Point, St John's Wood, NW8	3	Flat
£3,300	08/24	0.18 mi	-	3	Flat
£10,183	06/24	0.18 mi	Parkwood Point, St John's Wood, NW8	4	Flat
£7,999	06/24	0.18 mi	Avenue Road Regents Park NW8	3	Flat
£4,875	08/24	0.19 mi	Avenue Road, St Johns Wood, London, NW8	3	Flat

Local Area Statistics

Population in NW8	33,80233,802
Population in London	4,771,9214,771,921
Town centre distance	2.70 miles away2.70 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.37 miles away0.37 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-22%-22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-13%-13%

Property History

Listed for £4,950,000

May 13, 2022

Floor Plans

Description

6 bedrooms +
2 reception rooms +
3 bathrooms +
Double Garage +
Garden +
Parking +
Terraced +
Private Parking +

An excellent six bedroom family home (3676sqft / 341.51 sqm) with 40ft rear garden and integral garage superbly located in a private location off Avenue Road, close to Regent's Park and Primrose Hill. This spacious house, which requires modernisation, features generous living spaces, principal bedroom with ensuite bathroom, five further bedrooms, two additional bathrooms, utility room and guests WC; large integral garage and off street parking.

Rudgwick Terrace is situated within a gated development and located just ½ mile to the numerous boutiques and pavement cafes on St John's Wood High Street and close (0.4 miles) to St John's Wood Underground Station (Jubilee Line).

Agent Details

Knight Frank, St John's Wood

020 3869 5205

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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