2 Bed Flat, Single Let, London, NW1 6EJ, £1,199,000

Palgrave Gardens, London, NW1 6EJ - 5 views - a year ago

BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£250K - £1.8M
Sold Prices/m²£7.9K/m² - £17.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£17.6K/m²

Value Estimate

£980,134

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£299,750

Stamp Duty & Legal Fees

£98,320

Total Cash In

£398,070

 

 

Cash Out

 

Rent Range

£2,080 - £4,442

Rent Estimate

£2,303

Running Costs/mo

£4,227

Cashflow/mo

£-1,924

Cashflow/yr

£-23,094

Gross Yield

2%

Local Sold Prices

51 sold prices from £250K to £1.8M, average is £790K. £7.9K/m² to £17.9K/m², average is £14.1K/m².

PriceDateDistanceAddressBeds 
£950K02/210.04 miFlat 118, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£638K03/230.04 miFlat 115, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£720K04/230.08 miFlat 20, Mordern House, Harewood Avenue, London, Greater London NW1 6NR2
£507.5K03/210.09 miFirst Floor Flat, 59, Balcombe Street, London, Greater London NW1 6HD2
£550K09/230.11 miFlat 16, Farnham House, Harewood Avenue, London, Greater London NW1 6NT2
£680K08/210.12 miFlat 25, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£467.5K10/230.12 miFlat 22, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£675K10/230.16 mi3, Linhope Street, London, Greater London NW1 6ES2
£1.1M08/210.17 miFlat 66, Abbey Lodge, Park Road, London, Greater London NW8 7RL2
£685K01/210.22 miFlat 189, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AR2
£660K12/200.25 miFlat 6, Cosway Mansions, Shroton Street, London, Greater London NW1 6UE2
£360K08/230.26 mi3d, Gateforth Street, London, Greater London NW8 8EH2
£1.2M01/230.27 miFlat 36, Chalfont Court, Baker Street, London, Greater London NW1 5RS2
£475K01/210.27 miFlat 12, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£250K03/230.27 miFlat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£735K06/210.31 miFlat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE2
£398K10/200.38 mi63a, Lisson Street, London, Greater London NW1 5DA2
£790K01/230.39 miFlat 106, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£800K10/230.39 miFlat 98, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£990K09/220.41 miFirst And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX2
£550K09/230.41 mi11c, Penfold Street, London, Greater London NW1 6RU2
£1.4M09/230.41 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£1.4M09/230.41 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£905K09/210.41 mi25a, Harcourt Street, London, Greater London W1H 4HN2
£850K06/220.43 mi9, Montagu Mansions, London, Greater London W1U 6LB2
£610K03/230.43 miSecond Floor Flat, 14, Crawford Street, London, Greater London W1H 1BP2
£645K10/230.44 miFlat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL2
£1.7M06/230.45 miPenthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£835K01/240.45 miFlat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£1.1M06/210.46 miFlat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW2
£780K02/230.46 miFlat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL2
£775K08/230.46 miFlat 16, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£810K09/230.46 miFlat 13, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£1.2M01/210.46 mi15, Montagu Mews North, London, Greater London W1H 2JR2
£850K10/230.47 miFlat B, 12, Montagu Row, London, Greater London W1U 6ED2
£475K08/230.48 miFlat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ2
£1.8M03/210.49 mi68, Montagu Mansions, London, Greater London W1U 6LE2
£1.6M06/210.49 mi76, Montagu Mansions, London, Greater London W1U 6LE2
£1.3M08/230.49 mi51, Montagu Mansions, London, Greater London W1U 6LD2
£520K02/210.5 miFlat 14, Princess Court, Bryanston Place, London, Greater London W1H 2DF2
£975K06/210.51 miFlat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£970K06/230.51 miFlat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£730K12/200.51 miFlat 2, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£960K12/200.51 miFlat 8, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£957.5K03/210.51 miFlat 12, Newcastle House, Luxborough Street, London, Greater London W1U 5BR2
£725K06/210.52 miFlat 4a, Grove End House, Grove End Road, London, Greater London NW8 9HP2
£600K03/230.52 miFlat 7b, Grove End House, Grove End Road, London, Greater London NW8 9HL2
£1.2M07/220.52 miFlat 27, St Andrews Mansions, Dorset Street, London, Greater London W1U 4EQ2
£750K11/220.55 miFlat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA2
£1.6M11/220.55 mi20, Bryanston Mews East, London, Greater London W1H 2DB2
£1.0M08/210.56 miFlat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX2

Local Rents

50 rents from £2.1K/mo to £4.4K/mo, average is £3.5K/mo.

RentDateDistanceAddressBeds 
£4,44206/240 miPalgrave Gardens, Marylebone, London, NW12
£3,46706/240.01 miPalgrave Gardens, Marylebone, London, NW12
£3,14206/240.01 miElizabeth Court, Palgrave Gardens, Regent's Park, NW12
£3,25006/240.02 miAlberts Court, 2 Palgrave Gardens, NW12
£4,00006/240.02 miPalgrave Gardens, Marylebone, NW12
£3,24506/240.03 miPalgrave Gardens, London, NW12
£3,50006/240.03 miAlberts Court, Palgrave Gardens, London, NW12
£3,50006/240.03 miAlberts Court, Palgrave Gardens, London, NW12
£3,46706/240.03 miPalgrave Gardens, London2
£4,09901/250.04 mi-2
£3,68306/240.04 miPalgrave Gardens, London2
£2,99906/240.05 miBalcombe Street, Marylebone NW12
£2,08006/240.05 miBalcombe Street, Marylebone NW12
£3,00006/240.05 miBrunswick House, 94-96 Balcombe Street, NW12
£2,55012/240.05 mi-2
£2,65012/240.06 miBalcombe Street, London, NW12
£3,94306/240.06 miPalgrave Gardens, Marylebone, London, NW12
£3,90006/240.07 miPalgrave Gardens, Baker Street, London, NW12
£2,95106/240.07 miBalcombe Street, Baker Street, NW1 6NG – 2 Bedrooms Flat2
£3,50006/240.07 miPalgrave Gardens Marylebone NW12
£2,75006/240.08 miIvor Court, Gloucester Place, NW12
£3,61412/240.08 mi-2
£3,25012/240.08 mi-2
£2,92506/240.08 miIvor Court, Gloucester Place, London, NW12
£3,90006/240.08 miGloucester Place, Marylebone, London, NW12
£4,11706/240.08 miRegents Park House, Park Road, NW82
£4,11706/240.08 miRegents Park House, Park Road, NW82
£3,80001/250.09 mi-2
£2,79506/240.09 miGloucester Place, London2
£2,85002/240.09 mi-2
£3,46706/240.09 miPark Road, Regent's Park, London, NW12
£2,75006/240.09 miRossmore Court, Park Road, NW12
£3,10003/250.1 mi-2
£3,50012/240.1 mi-2
£3,30006/240.1 mi-2
£3,00012/240.1 mi-2
£3,68306/240.1 miHanover Gate Mansions, Park Road, Regents Park2
£3,05103/250.1 mi-2
£2,81706/240.11 miHarewood Avenue Marylebone NW12
£4,00006/240.11 miHuntsworth Mews, Marylebone, NW12
£2,49502/240.11 mi-2
£4,00006/240.11 miRadley House, Park Road, Marylebone, NW12
£4,00007/240.12 miPark Road, St. Johns Wood, NW82
£3,30008/240.12 miLorne Close, London, NW82
£3,01206/240.12 miIvor Place, London, NW12
£3,50012/240.14 mi-2
£4,33312/240.14 mi-2
£2,57806/240.14 miBoston Place, London2
£3,45012/240.14 mi-2
£3,45012/240.14 mi-2

Local Area Statistics

Population in NW1

60,294

Population in London

4,771,921

Town centre distance

2.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

-4%

Property History

Listed for £1,199,000

November 8, 2023

Floor Plans

Description

  • Gated Development +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • 24 Hour Concierge +
  • Underground Parking +
  • Long Lease and a Share of Freehold +
  • Swimming Pool +
  • Gym +
  • Walking Distance to Regents Park and Marylebone High Street +
  • Share of Freehold +

A superb TWO DOUBLE BEDROOM apartment set within this popular gated development in Marylebone.

The property is presented in excellent condition and comprises of a large reception / dining room, two double bedrooms, two bathrooms (one en-suite) and two balconies.

The building benefits from having a 24 hour concierge, secure underground parking and a swimming pool / gym.

Agent Details

Ultra Estates, London

020 3905 5829

Next Steps?

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