2 Bed Flat, Single Let, London, W2 2QJ £650,000

PARK WEST Edgware Road, London, Greater London, W2 2QJ - 32 views - 2 years ago
BTL
63 m²
Property image

ValuationUndervalued

Sold Prices£410K - £2.4M
Sold Prices/m²£5.3K/m² - £24.3K/m²

 

 

Square Metres

63 m²
Price/m²£10.3K/m²

Value Estimate

£786,500
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£40,700

Total Cash In

£203,200

 

 

Cash Out

 

Rent Range

£715 - £5,250

Rent Estimate

£2,400

Running Costs/mo

£2,531

Cashflow/mo

£-131

Cashflow/yr

£-1,575

Gross Yield

4%

Local Sold Prices

50 sold prices from £410K to £2.4M, average is £837.5K. £5.3K/m² to £24.3K/m², average is £12.1K/m².

Price
Date
Distance
Address
Beds
 
£675K04/230 miFlat 135, Park West, Edgware Road, London, Greater London W2 2QP2
£870K07/230.04 mi49, Second Floor Flat, Kendal Street, London W2 2BP2
£550K07/240.08 miEvelyn Court, Flat 14, Stourcliffe Street, London W1H 5AS2
£750K06/250.13 mi4, Kendal Steps, St George's Fields, London W2 2YE2
£750K06/250.13 mi4, Kendal Steps, St George's Fields, London W2 2YE2
£575K06/210.14 miFlat 157, Park West, Edgware Road, London, Greater London W2 2QP2
£450K03/250.15 mi29, Flat 1, Upper Berkeley Street, London W1H 5QD2
£600K04/240.16 miThe Water Gardens, 301, Burwood Place, London W2 2DQ2
£750K11/220.17 miFlat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA2
£525K08/250.17 mi243, The Water Gardens, Burwood Place, London W2 2DG2
£1.1M04/230.18 miFlat 7, Bryan Court, Seymour Place, London, Greater London W1H 2NE2
£940K08/240.18 mi68 Bryan Court, Flat 10, Seymour Place, London W1H 2NE2
£1.3M03/230.18 mi15, Great Cumberland Mews, London, Greater London W1H 7DZ2
£825K10/210.2 mi61, The Quadrangle, London, Greater London W2 2RR2
£1.1M08/240.2 miSherwood Court, Flat 8, Seymour Place, London, Greater London W1H 5TH2
£970K06/230.2 miFlat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£975K06/210.2 miFlat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£810K09/230.23 miFlat 13, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£775K08/230.23 miFlat 16, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£780K02/250.24 miFlat 63, 75 Macready House, Crawford Street, London W1H 5LP2
£1.1M12/240.24 miClarewood Court, Flat 24, Seymour Place, London W1H 2NL2
£1.1M12/240.24 miFlat 24, Clarewood Court, Seymour Place, London W1H 2NL2
£1.1M12/240.24 miFlat 24, Clarewood Court, Seymour Place, London W1H 2NL2
£2.1M10/240.25 miEllerton House, Flat 17, Bryanston Square, London W1H 2DQ2
£1.6M11/220.25 mi20, Bryanston Mews East, London, Greater London W1H 2DB2
£750K01/250.25 miOxford And Cambridge Mansions, Flat 8a, Transept Street, London NW1 5EH2
£570K10/240.25 miCranfield Court, Flat 10, Homer Street, London W1H 4NB2
£570K10/240.25 miFlat 10, Cranfield Court, Homer Street, London W1H 4NB2
£780K02/230.26 miFlat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL2
£1.1M06/210.26 miFlat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW2
£2.1M07/240.26 mi25, Flat 10, Bryanston Square, London W1H 2DS2
£2.4M05/250.26 miFlat 6, 25, Bryanston Square, London W1H 2DS2
£2.4M05/250.26 miFlat 6, 25, Bryanston Square, London W1H 2DS2
£800K10/230.26 miFlat 1, Cumberland Court, Great Cumberland Place, London, Greater London W1H 7DP2
£1.0M03/250.27 miFlat 47, 199 205, Old Marylebone Road, London NW1 5QR2
£410K09/240.28 mi43, Flat A, Crawford Street, London W1H 1JR2
£990K09/220.28 miFirst And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX2
£708K01/250.29 miFlat 9, Varsity Court, Homer Street, London W1H 4NW2
£708K01/250.29 miVarsity Court, Flat 9, Homer Street, London W1H 4NW2
£708K01/250.29 miFlat 9, Varsity Court, Homer Street, London W1H 4NW2
£760K09/240.29 mi13, Montagu Place, London W1H 2ET2
£910K05/250.3 miFlat 11, Charter Court, Harcourt Street, London W1H 4HE2
£910K05/250.3 miFlat 11, Charter Court, Harcourt Street, London W1H 4HE2
£2.2M01/250.3 mi7, Radnor Mews, London, Greater London W2 2SA2
£570K06/210.31 miFront Basement Flat, 11, Montagu Square, London, Greater London W1H 2LD2
£850K05/230.33 miPeninsula Apartments, Third Floor Flat 1, Praed Street, London W2 1JE2
£790K09/240.36 mi109-111, Flat 2, Crawford Street, London W1H 2JE2
£1.3M06/250.36 miFlat 11, Bryanston Mansions, York Street, London W1H 1DA2
£1.8M07/240.36 miBryanston Mansions, Flat 6, York Street, London W1H 1DA2
£894.6K07/240.36 miClaremont Court, Flat 1, Enford Street, London W1H 1DJ2

Local Rents

50 rents from £715/mo to £5.3K/mo, average is £3K/mo.

Rent
Date
Distance
Address
Beds
 
£2,81609/250 miEdgware Road, Notting Hill2
£2,10007/250 miEdgware Road, London2
£3,50009/250 mi-2
£2,50011/250 mi-2
£3,00010/240 miEdgware Road London W22
£2,60009/250 miEdgware Road, London, W22
£2,60011/250 miEdgware Road, London, W22
£2,80009/250 miEdgware Road Hyde Park W22
£2,10011/250 miPark West, Edgware Road, W22
£3,25011/250.01 miPARK WEST, EDGWARE ROAD, London, W22
£2,85011/250.01 mi-2
£2,89902/240.01 mi-2
£2,85011/250.01 miPark West Place, London, W22
£2,60010/240.01 miEdgware Road, London, W22
£3,25006/250.01 miEdgware Road, London2
£3,25009/250.01 miEdgware Road, Paddington, London, W22
£5,25003/250.01 mi-2
£2,90002/240.01 mi-2
£5,20010/240.01 mi-2
£2,49210/240.01 mi-2
£2,49210/240.01 mi-2
£2,30010/240.01 mi-2
£3,00010/240.01 mi-2
£5,20010/240.01 mi-2
£2,40010/240.01 mi-2
£2,90011/240.01 mi-2
£3,70010/240.01 mi-2
£3,70010/240.01 mi-2
£3,60001/250.01 mi-2
£3,30003/250.01 mi-2
£2,40004/250.01 mi-2
£3,25005/250.01 mi-2
£3,25005/250.01 mi-2
£2,20005/250.01 mi-2
£3,20005/250.01 mi-2
£3,25006/250.03 mi-2
£3,68309/250.03 miKendal Street, Hyde Park, W22
£72508/250.03 miPortsea Place, Paddington, London, W22
£77507/250.03 miPortsea Place, Paddington, London, W22
£3,68307/250.03 miKendal Street, London, W22
£5,00011/250.03 mi-2
£71507/250.03 miKendal Street, Hyde Park W22
£4,82007/250.03 miKendal Street, London, W22
£3,50011/250.03 miKendal Street, London, W22
£3,30011/250.03 miKendal Street, London, W22
£2,95001/250.03 mi-2
£2,40010/240.03 mi-2
£2,40010/240.03 miPark West, London, W22
£3,10008/250.04 miPortsea Hall, Portsea Place, W22
£3,25009/250.04 miEdgware Road, Paddington, London, W22

Local Area Statistics

Population in W2

47,574

Population in London

4,771,921

Town centre distance

2.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Buyer's market

Capital growth (5yrs)

-4%

Property History

Listed for £650,000

November 28, 2023

Sold for £275,000

2004

Floor Plans

Property image

Description

A well-proportioned light and spacious two bedroom apartment located within this popular Art Deco 1930's block. Park West - includes 24hr porter and ideally located for shopping on Oxford Street / Bond Street, together with fabulous amenities / open spaces of Hyde Park.

Park West is just a short distance away from Marble Arch St, Edgware Road St and Paddington Mainline St, (Heathrow Express & Elizabeth line). Connaught Village with its eclectic mix of boutique shops, cafés, restaurants and pubs are also nearby.

Agent Details

Smart Move, London

020 7870 3298

Next Steps?

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