2 Bed Flat, Refurb/BRRR, London, NW8 9TD, £899,950

Wellington Road, St. John's Wood, NW8 9TD - 4 views - 2 years ago

Leasehold
Refurb/BRRR
~85 m²
+8 photos

ValuationUndervalued

Sold Prices£415K - £12.5M
Sold Prices/m²£7.6K/m² - £13.3K/m²

 

 

Square Metres

~85.10 m²
Price/m²£10.6K/m²

Value Estimate

£923,344
BMV3%

 

 

End Value (After Refurb)

£1,516,033

Uplift in Value

+68%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£224,988

Stamp Duty & Legal Fees

£78,695

Refurb Costs

£44,973

Bridging Loan Interest

£23,624

Total Cash In

£374,029

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,516,033

Agent Fees (1%)

£15,160

Bridging Loan

£674,963

Bridging Loan Interest

£23,624

Flip Profit

£451,882

Local Sold Prices

50 sold prices from £415K to £12.5M, average is £765.5K. £7.6K/m² to £13.3K/m², average is £10.5K/m².

PriceDateDistanceAddressBeds 
£720K11/200.09 miFlat 9, Fettes House, Wellington Road, London, Greater London NW8 9SU2
£720K11/200.09 miFlat 9, Fettes House, Wellington Road, London, Greater London NW8 9SU2
£747K06/230.18 mi66, Charles Lane, London, Greater London NW8 7SB2
£615K07/230.18 miFlat 35, De Walden House, Allitsen Road, London, Greater London NW8 7BA2
£761K06/230.22 miFlat 17, Circus Lodge, Circus Road, London, Greater London NW8 9JL2
£511K03/210.25 miFlat 25, Cotman House, Townshend Estate, London, Greater London NW8 6JP2
£840K10/200.26 miFlat 409, Addison House, Grove End Road, London, Greater London NW8 9EL2
£635K05/230.28 miFlat 111, Charlbert Court, Eamont Street, London, Greater London NW8 7DA2
£635K04/230.28 miFlat 99, Charlbert Court, Eamont Street, London, Greater London NW8 7DA2
£585K06/230.3 miFlat 30, Eamont Court, Eamont Street, London, Greater London NW8 7DG2
£915K08/230.32 miFlat 81, Walsingham, St John's Wood Park, London, Greater London NW8 6RL2
£1.7M12/220.34 miBasement Flat, 44a, Marlborough Place, London, Greater London NW8 0PL2
£580K06/210.36 miFlat 66, Townshend Court, Townshend Road, London, Greater London NW8 6LB2
£625K09/230.36 miFlat 93, Townshend Court, Mackennal Street, London, Greater London NW8 7DR2
£625K03/210.36 miFlat 99, Townshend Court, Mackennal Street, London, Greater London NW8 7DR2
£945K06/230.36 miFlat 76, Buttermere Court, Boundary Road, London, Greater London NW8 6NS2
£790K01/230.38 miFlat 106, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£800K10/230.38 miFlat 98, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£875K06/210.39 miFlat 2, Sheringham, St Johns Wood Park, London, Greater London NW8 6QX2
£1.3M02/210.39 miFlat 42, Sheringham, St John's Wood Park, London, Greater London NW8 6RA2
£1.4M06/230.4 miFlat 8, Avenue Close, Avenue Road, London, Greater London NW8 6BX2
£1.2M06/210.4 miFlat 12, Avenue Close, Avenue Road, London, Greater London NW8 6BX2
£625K02/210.4 miFlat 42, Blair Court, Boundary Road, London, Greater London NW8 6NT2
£972.5K09/230.4 miFlat 73, Blair Court, Boundary Road, London, Greater London NW8 6NT2
£725K06/210.42 miFlat 4a, Grove End House, Grove End Road, London, Greater London NW8 9HP2
£600K03/230.42 miFlat 7b, Grove End House, Grove End Road, London, Greater London NW8 9HL2
£900K03/210.43 mi48a, Hamilton Terrace, London, Greater London NW8 9UJ2
£835K01/240.45 miFlat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£1.7M06/230.45 miPenthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£470K07/230.46 miFlat 50, Tayler Court, Dorman Way, London, Greater London NW8 0SB2
£635K02/210.46 miFlat 24, Knoll House, Carlton Hill, London, Greater London NW8 9XD2
£1.0M06/230.46 miFlat 1, Avenue Lodge, Avenue Road, London, Greater London NW8 6JA2
£12.5M12/200.46 mi61, Hamilton Terrace, London, Greater London NW8 9RG2
£415K04/230.48 miFlat 38, Waltham House, Boundary Road, London, Greater London NW8 0JD2
£495K12/230.5 miLanghorne Court, Flat 22, Dorman Way, London, Greater London NW8 0SD2
£677.5K01/230.5 miFlat 6, Elmfield House, Carlton Hill, London, Greater London NW8 9XB2
£500K02/210.5 miFlat 2, Florence Court, Maida Vale, London, Greater London W9 1TB2
£475K08/230.52 miFlat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ2
£427.5K09/210.54 miFlat 18, Greenaway House, Boundary Road, London, Greater London NW8 0HT2
£868K03/210.57 miFlat 17, Clifton Court, Northwick Terrace, London, Greater London NW8 8HS2
£1.1M08/210.58 miFlat 66, Abbey Lodge, Park Road, London, Greater London NW8 7RL2
£1.1M11/210.59 miSecond Floor Flat, 1, Elsworthy Terrace, London, Greater London NW3 3DR2
£840K10/210.6 miFlat 49, Visage Apartments, Winchester Road, London, Greater London NW3 3ND2
£770K11/230.6 miFlat 8, Visage Apartments, Winchester Road, London, Greater London NW3 3NW2
£800K04/210.61 miGround Floor Flat, 117, Randolph Avenue, London, Greater London W9 1DN2
£662.5K12/230.61 miFirst Floor Flat, 117, Randolph Avenue, London, Greater London W9 1DN2
£650K07/230.61 miFlat 2, Greville Hall, Greville Place, London, Greater London NW6 5JS2
£860K06/210.61 mi46a, Belsize Road, London, Greater London NW6 4TG2
£1.2M06/210.61 miFlat 29, Clifton Court, Northwick Terrace, London, Greater London NW8 8HT2
£1.0M08/210.62 miFlat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX2

Local Rents

50 rents from £2.4K/mo to £7K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£4,12506/240 miWellington Road, London, NW82
£3,00006/240.02 miWellington Court, 55-67 Wellington Road, NW82
£4,00007/240.02 miWellington Court, 55-67 Wellington Road, NW82
£6,79908/240.02 miOne St Johns Wood, 60 St John's Wood Road, St John's Wood, NW82
£6,00008/240.02 miOne St Johns Wood, 60 St John's Wood Road, St John's Wood, NW82
£2,99912/230.03 miWellington Court, NW8 9TD2
£3,00007/240.03 miWellington Court, St Johns Wood, NW82
£3,00006/240.03 miWellington Court, St. Johns Wood, NW82
£4,33307/240.03 miWellington Court, Wellington Road, St Johns Wood, NW82
£4,15106/240.03 miWellington Court, 55-67 Wellington Road2
£2,81708/240.04 miWellington Road, St John's Wood, London, NW82
£3,44506/240.04 miGrove End Gardens, 33 Grove End Road, St Johns Wood, London, NW82
£3,87808/240.04 miGrove End Gardens, 33 Grove End Road, St John's Wood, London, NW82
£3,79209/240.04 miGrove End Gardens, 33 Grove End Road, St Johns Wood, London, NW82
£4,15106/240.04 miWellington Road, St John's Wood2
£2,99906/240.05 miFinchley Road, London2
£6,00006/240.05 miSt. John's Wood Road, London, NW82
£3,49708/240.05 miEyre Court, Finchley Road, St John's Wood, London, NW82
£2,78606/240.05 miElgood House, Wellington Road, NW82
£3,50008/240.05 miEyre Court, Finchley Road, St John's Wood, London, NW82
£2,99007/240.05 miGrove End Road, St Johns Wood, NW82
£3,50008/240.05 miEyre Court, 3-21 Finchley Road, NW82
£3,50008/240.05 miEyre Court, St Johns Wood, NW82
£3,40009/240.06 miWellington Court, St Johns Wood, NW8 2
£2,78606/240.06 miWellington Road, St. John's Wood2
£2,64806/240.06 miWellington Road, St John's Wood2
£2,75007/240.06 mi-2
£2,75006/240.06 miKingsmill, London, NW82
£3,35007/240.06 mi-2
£3,35006/240.06 miKingsmill, London, NW82
£2,88106/240.07 miFinchley Road, St Johns Wood, NW82
£3,46607/240.08 miQueens Court, St. John's Wood, London NW82
£2,89510/240.08 mi-2
£3,50007/240.08 miPortland House, St. Anns Terrace, NW82
£6,00002/240.08 mi-2
£2,35006/240.09 miReynolds House, Wellington Road, NW82
£3,49512/240.09 mi-2
£5,49906/240.1 miThe Terraces, Queens Terrace, London, NW82
£3,50007/240.1 miEyre Court, 3-21 Finchley Road, NW82
£5,95806/240.11 miAcacia Road, London, NW82
£6,06707/240.11 miEmbassy Court, Wellington Road, St John's Wood, NW82
£3,50108/240.11 miEyre Court, Finchley Road, St John's Wood, NW82
£6,99808/240.11 miWellington Road, St John's Wood, NW82
£3,68308/240.11 miEyre Court, 3-21 Finchley Road, St. John's Wood, London, NW82
£2,50006/240.12 miKingsmill Terrace, St John`s Wood, NW82
£4,99606/240.12 miQueens Terrace, St. John's Wood2
£3,35806/240.12 miGrove End Road, St John's Wood, London, NW82
£3,44506/240.12 miGrove End Road, London, NW82
£3,25007/240.12 miGrove End Gardens, Grove End Road, St John's Wood, London, NW82
£3,44508/240.12 miGrove End Gardens, Grove End Road, St John's Wood, London, NW82

Local Area Statistics

Population in NW8

33,802

Population in London

4,771,921

Town centre distance

2.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.04 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-22%

Sales demand

Buyer's market

Capital growth (5yrs)

-13%

Property History

Listed for £899,950

September 25, 2023

Floor Plans

Description

  • 2 Bedrooms +
  • Reception Room with Bay Window +
  • Separate Kitchen +
  • Bathroom +
  • 917 sqft / 85.1 sqm +
  • First Floor +
  • Lift Access +
  • Porterage +
  • Prestigious Mansion Block +
  • Great Potential +

A spacious two bedroom first floor apartment (with lift) comprising 917 sqft / 85.1 sqm within this sought-after and prestigious portered mansion block in St. John’s Wood.

This property requires complete modernisation and therefore presents to the incoming purchaser a great opportunity to create a superb home.

Wellington Court is centrally located diagonally opposite St. John's Wood Underground station (Jubilee line) and is in close proximity to St. John's Wood High Street where the various cafés, restaurants and shops can be enjoyed.

Agent Details

Benham & Reeves - Hampstead, Hampstead

020 3907 3462

Next Steps?

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