4 Bed Flat, Single Let, London, NW1 6XX £1,750,000

Park Road, London, NW1 6XX - 6 views - 2 years ago

Leasehold

BTL

~155 m²

ValuationUndervalued

Sold Prices	£700K - £5.3M
Sold Prices/m²	£8.7K/m² - £21.5K/m²

Square Metres	~155.20 m²
Price/m²	£11.3K/m²
Value Estimate	£2,174,087£2,174,087
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£437,500£437,500
Stamp Duty & Legal Fees	£174,950£174,950
Total Cash In	£612,450£612,450

Cash Out
Rent Range	£925 - £9,056£925 - £9,056
Rent Estimate	£3,900
Running Costs/mo	£6,269£6,269
Cashflow/mo	£-2,369£-2,369
Cashflow/yr	£-28,425£-28,425
Gross Yield	3%3%

Local Sold Prices

35 sold prices from £700K to £5.3M, average is £2.2M. £8.7K/m² to £21.5K/m², average is £14.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£3.6M	06/21	0.17 mi	Flat 36, Abbey Lodge, Park Road, London, Greater London NW8 7RJ	£14,008	261	4	Flat
£1.7M	08/21	0.22 mi	Flat 76, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6QR	-	-	4	Flat
£982K	06/21	0.26 mi	Flat 22, Melcombe Court, Dorset Square, Marylebone, London, Greater London NW1 6EP	-	-	4	Flat
£3.2M	01/25	0.38 mi	Flat 191, Bickenhall Mansions, Bickenhall Street, London W1U 6BX	-	-	4	Flat
£3.2M	01/25	0.38 mi	Flat 191, Bickenhall Mansions, Bickenhall Street, London W1U 6BX	-	-	4	Flat
£2.2M	05/23	0.4 mi	Flat 3e, Portman Mansions, Chiltern Street, London, Greater London W1U 5AN	-	-	4	Flat
£3.2M	02/25	0.49 mi	Hanover House, Flat 48, St John's Wood High Street, London NW8 7DY	£14,316	225	4	Flat
£2.1M	08/25	0.49 mi	Flat 37, Hanover House, St John's Wood High Street, London NW8 7DY	-	-	4	Flat
£2.5M	08/23	0.51 mi	Flat 10m, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BG	-	-	4	Flat
£1.2M	01/24	0.53 mi	Flat 12f, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BB	-	-	4	Flat
£1.3M	08/25	0.54 mi	10, Mertoun Terrace, Seymour Place, London W1H 2NF	-	-	4	Flat
£5.3M	06/23	0.59 mi	Flat 25, Harley House, Marylebone Road, London, Greater London NW1 5HE	-	-	4	Flat
£4.0M	04/24	0.59 mi	Harley House, Flat 16, Marylebone Road, London NW1 4PR	£17,763	228	4	Flat
£2.1M	06/21	0.6 mi	Flat 6, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£1.8M	09/23	0.6 mi	Flat 8, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£730K	12/24	0.61 mi	Eamont Court, 100, Mackennal Street, London NW8 7DW	£8,690	84	4	Flat
£2.0M	05/25	0.64 mi	Flat 4, Cumberland Mansions, George Street, London W1H 5TE	£8,811	227	4	Flat
£2.0M	05/25	0.64 mi	Flat 4, Cumberland Mansions, George Street, London W1H 5TE	-	-	4	Flat
£3.0M	10/24	0.68 mi	Flat 32, Bryanston Court, George Street, London W1H 7HB	-	-	4	Flat
£3.0M	10/24	0.68 mi	Bryanston Court, Flat 32, George Street, London, Greater London W1H 7HB	£14,706	204	4	Flat
£2.5M	04/25	0.68 mi	74, South Lodge, Circus Road, London NW8 9EU	£15,974	154	4	Flat
£2.5M	04/25	0.68 mi	74, South Lodge, Circus Road, London NW8 9EU	£15,974	154	4	Flat
£2.5M	04/25	0.68 mi	74, South Lodge, Circus Road, London NW8 9EU	-	-	4	Flat
£950K	06/21	0.71 mi	Flat 36, Stourcliffe Close, Stourcliffe Street, London, Greater London W1H 5AR	-	-	4	Flat
£1.7M	03/23	0.71 mi	Flat 41, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	4	Flat
£1.3M	08/25	0.71 mi	5, St Marys Mansions, St Mary's Terrace, London W2 1SQ	-	-	4	Flat
£1.1M	03/23	0.71 mi	Flat 155, Park West, Edgware Road, London, Greater London W2 2QP	£11,111	99	4	Flat
£795K	07/25	0.75 mi	Flat 11, 35 Regent Heights, St Edmund's Terrace, London NW8 7QN	-	-	4	Flat
£2.6M	12/24	0.76 mi	Avenue Close, 9, Avenue Road, London NW8 6BX	£16,688	157	4	Flat
£1.7M	02/24	0.86 mi	9 Stone House, Flat 1, Weymouth Street, London W1W 6DB	£9,708	180	4	Flat
£4.9M	08/24	0.95 mi	91, Apartment 8, New Cavendish Street, London W1W 6XF	£19,314	255	4	Flat
£4.9M	08/24	0.95 mi	Apartment 8, 91, New Cavendish Street, London W1W 6XF	-	-	4	Flat
£700K	12/22	0.95 mi	Flat 111, Holcroft Court, Clipstone Street, London, Greater London W1W 5DF	-	-	4	Flat
£4.0M	04/24	0.96 mi	26, Flat 3, Green Street, London W1K 7AY	£21,467	184	4	Flat
£4.0M	04/24	0.96 mi	Flat 3, 26, Green Street, London W1K 7AY	-	-	4	Flat

Local Rents

50 rents from £925/mo to £9.1K/mo, average is £4.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,400	08/25	0 mi	Park Road, Marylebone, NW1	3	Flat
£4,312	10/25	0 mi	Park Road, Marylebone NW1	3	Flat
£4,000	06/24	0 mi	Rossmore Court, Park Road, London NW1	3	Flat
£5,500	10/25	0 mi	Rossmore Court, Park Road, Marylebone, London, NW1	4	Flat
£8,667	10/25	0 mi	Rossmore Court, Park Road, Marylebone, London, NW1	4	Flat
£4,250	09/25	0 mi	Rossmore Court, Park Road, London, NW1	3	Flat
£7,843	08/25	0.02 mi	Park Road, Marylebone, London, NW1	4	Flat
£1,230	07/25	0.02 mi	Park Road, Marylebone, London, NW1	4	Flat
£8,870	08/24	0.02 mi	1 143 Park Road, London, NW8	5	Flat
£1,615	06/25	0.02 mi	Park Road, London, NW8	3	Flat
£2,315	06/25	0.02 mi	Park Road, London, NW8	4	Flat
£5,400	10/25	0.02 mi	Park Road, London, NW1	3	Terraced House
£4,250	12/24	0.02 mi	-	3	Flat
£4,680	08/25	0.02 mi	Park Road, Marylebone, London, NW1	3	Flat
£4,680	08/25	0.02 mi	Park Road, Marylebone, London, NW1	3	Flat
£4,615	09/25	0.02 mi	Park Road, Marylebone, London, NW1	3	Flat
£1,350	06/25	0.03 mi	Palgrave Gardens, London, NW1 6EL	4	Flat
£5,500	10/25	0.03 mi	Rossmore Court, London	4	Flat
£5,400	10/25	0.03 mi	Rossmore Court, London	4	Flat
£4,200	08/25	0.03 mi	Alberts Court, 2 Palgrave Gardens, London NW1	3	Flat
£3,600	09/25	0.03 mi	Park Road, London, NW1	3	Flat
£4,550	09/25	0.03 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£4,225	06/24	0.04 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£925	06/25	0.04 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£995	06/25	0.04 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£1,000	07/25	0.04 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£3,900	06/24	0.04 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£3,791	11/25	0.04 mi	Hanover Gate Mansions, Park Road, London	3	Flat
£4,333	08/25	0.04 mi	Palgrave Gardens, London	3	Flat
£4,398	08/25	0.04 mi	Palgrave Gardens, London	3	Flat
£4,008	10/25	0.04 mi	Palgrave Gardens, London	3	Flat
£5,100	10/25	0.04 mi	-	3	Flat
£7,700	11/25	0.04 mi	-	3	Flat
£4,008	10/25	0.05 mi	Elizabeth Court, Palgrave Gardens, London NW1	3	Flat
£8,995	11/25	0.05 mi	Alberts Court, 2 Palgrave Gardens, London	4	Flat
£5,525	11/25	0.05 mi	Palgrave Gardens, Marylebone, London, NW1	3	Flat
£4,417	05/25	0.05 mi	-	3	Flat
£4,636	10/25	0.05 mi	Park Road, Marylebone, London, NW1	3	Flat
£8,870	10/25	0.05 mi	Strathmore Court, Park Road, St Johns Wood, London, NW8	5	Terraced House
£9,056	10/25	0.05 mi	Strathmore Court, Park Road, St Johns Wood, London, NW8	5	Terraced House
£4,983	06/24	0.05 mi	Alberts Court, Palgrave Gardens, London NW1	3	Flat
£4,500	10/25	0.05 mi	Alberts Court, Palgrave Gardens, London NW1	3	Flat
£4,311	10/25	0.05 mi	Park Road, Marylebone NW1	3	Flat
£4,200	07/25	0.06 mi	Taunton Place, London, NW1	3	Flat
£5,395	11/25	0.06 mi	Palgrave Gardens, Marylebone, London, NW1	3	Flat
£9,000	10/25	0.06 mi	Palgrave Gardens, Regents Park, London NW1	4	Flat
£1,350	06/25	0.06 mi	Palgrave Gardens, London	4	Flat
£8,995	08/25	0.06 mi	Palgrave Gardens, Regent's Park, London, NW1	4	Flat
£8,995	09/25	0.06 mi	Palgrave Gardens, Regent's Park, London, NW1	4	Flat
£5,300	06/24	0.07 mi	-	3	Flat

Local Area Statistics

Population in NW1	60,30560,305
Population in London	4,771,9214,771,921
Town centre distance	2.45 miles away2.45 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.26 miles away0.26 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-7%-7%

Property History

Listed for £1,750,000

September 22, 2023

Floor Plans

Description

Spacious Reception Room +
Four Bedrooms +
Three Bathrooms +
Kitchen +
Porter +
Lift +
EPC Rating C +

A newly decorated and interior designed four bedroom property that offers modern contemporary living, located in a portered block minutes from Regent's Park.
Rossmore Court is situated on Park Road and is in close proximity to both Baker Street and Marylebone stations.

Agent Details

Kinleigh Folkard & Hayward - Sales, Marylebone

020 3835 3646

Next Steps?

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

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