2 Bed Flat, Potential PLO/LOA, London, NW3 4PX, £1,100,000

16 Ornan Road, London, Greater London, NW3 4PX - 54 views - a year ago

Leasehold

Negative Equity

~68 m²

+7 photos

ValuationOvervalued

Sold Prices	£405K - £5.8M
Sold Prices/m²	£4.9K/m² - £24.1K/m²

Square Metres	~68.11 m²
Price/m²	£16.1K/m²
Value Estimate	£877,112£877,112

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£275,000£275,000
Stamp Duty & Legal Fees	£98,450£98,450
Total Cash In	£373,450£373,450

Cash Out
Rent Range	£1,850 - £6,912£1,850 - £6,912
Rent Estimate	£2,125
Running Costs/mo	£3,883£3,883
Cashflow/mo	£-1,757£-1,757
Cashflow/yr	£-21,090£-21,090
Gross Yield	2%2%

Local Sold Prices

52 sold prices from £405K to £5.8M, average is £845K. £4.9K/m² to £24.1K/m², average is £12.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£3.5M	12/23	0.03 mi	35, Ornan Road, London, Greater London NW3 4QD	£24,140	145	2	Flat
£530K	06/23	0.07 mi	First Floor Rear Flat, 44d, Belsize Avenue, London, Greater London NW3 4AE	-	-	2	Flat
£1.1M	04/23	0.08 mi	Flat 47, Belsize Court, Wedderburn Road, London, Greater London NW3 5QP	-	-	2	Flat
£1.3M	02/21	0.09 mi	First Floor Flat, 29, Belsize Avenue, London, Greater London NW3 4BL	£12,140	109	2	Flat
£1.1M	03/21	0.09 mi	23b, Belsize Avenue, London, Greater London NW3 4BL	-	-	2	Flat
£865K	12/20	0.1 mi	Flat 16, Belsize Court, Wedderburn Road, London, Greater London NW3 5QJ	-	-	2	Flat
£825K	11/23	0.11 mi	18, Belsize Lane, London, Greater London NW3 5AB	-	-	2	Flat
£920K	09/23	0.11 mi	Flat 103, Hillfield Court, Belsize Avenue, London, Greater London NW3 4BE	-	-	2	Flat
£1.0M	01/21	0.12 mi	Second Floor Flat, 32, Glenloch Road, London, Greater London NW3 4DN	-	-	2	Flat
£1.0M	11/23	0.12 mi	Flat B, 28, Glenloch Road, Hampstead, London, Greater London NW3 4DN	-	-	2	Flat
£625K	09/21	0.16 mi	187b, Haverstock Hill, London, Greater London NW3 4QG	-	-	2	Flat
£1.0M	03/21	0.18 mi	23a, Belsize Crescent, London, Greater London NW3 5QY	£13,615	77	2	Flat
£850K	07/23	0.18 mi	5c, Belsize Crescent, London, Greater London NW3 5QY	-	-	2	Flat
£850K	07/23	0.18 mi	5c, Belsize Crescent, London, Greater London NW3 5QY	-	-	2	Flat
£761K	01/21	0.19 mi	65, Glenmore Road, London, Greater London NW3 4DA	-	-	2	Flat
£1.7M	09/23	0.19 mi	First Floor Flat, 22, Belsize Park Gardens, London, Greater London NW3 4LH	-	-	2	Flat
£789.9K	12/20	0.2 mi	Flat 15, Allingham Court, Haverstock Hill, London, Greater London NW3 2AH	-	-	2	Flat
£850K	05/21	0.23 mi	39c, Rosslyn Hill, London, Greater London NW3 5UJ	-	-	2	Flat
£950K	06/23	0.23 mi	Lower Ground Floor Flat, 21, Rosslyn Hill, London, Greater London NW3 5UJ	-	-	2	Flat
£5.8M	12/20	0.26 mi	1, Thurlow Road, London, Greater London NW3 5PJ	£19,625	293	2	Flat
£5.8M	12/20	0.28 mi	1, Thurlow Road, London, Greater London NW3 5PJ	£19,625	293	2	Flat
£820K	01/23	0.32 mi	Flat B, 71, Belsize Park Gardens, London, Greater London NW3 4JP	£13,898	59	2	Flat
£945K	06/21	0.34 mi	Second And Third Floors, 7, Crossfield Road, London, Greater London NW3 4NS	-	-	2	Flat
£610K	01/23	0.35 mi	15, South End Close, London, Greater London NW3 2RB	£9,940	61	2	Flat
£866K	03/21	0.36 mi	17a, Crossfield Road, London, Greater London NW3 4NT	£10,070	86	2	Flat
£590K	01/21	0.38 mi	Flat 136, Greenhill, Prince Arthur Road, London, Greater London NW3 5TY	-	-	2	Flat
£460K	11/20	0.4 mi	Flat 28, Palgrave House, Fleet Road, London, Greater London NW3 2QJ	-	-	2	Flat
£1.1M	06/23	0.4 mi	Flat 71, Antrim Mansions, Antrim Road, London, Greater London NW3 4XL	-	-	2	Flat
£1.3M	09/23	0.4 mi	Second Floor Flat, 19, Carlingford Road, London, Greater London NW3 1RY	-	-	2	Flat
£1.1M	11/21	0.44 mi	Flat B, 20, Merton Rise, London, Greater London NW3 3EN	-	-	2	Flat
£710K	11/20	0.46 mi	57c, Constantine Road, London, Greater London NW3 2LP	-	-	2	Flat
£675K	11/23	0.46 mi	83, Constantine Road, London, Greater London NW3 2LP	-	-	2	Flat
£2.1M	02/21	0.46 mi	5, Parkhill Road, London, Greater London NW3 2YH	£19,167	108	2	Flat
£835K	04/21	0.47 mi	Flat D, 19, South Hill Park, London, Greater London NW3 2ST	-	-	2	Flat
£550K	06/21	0.47 mi	Ground Floor Flat, 142b, Fellows Road, London, Greater London NW3 3JH	-	-	2	Flat
£550K	02/23	0.47 mi	Flat C, 142, Fellows Road, London, Greater London NW3 3JH	£15,714	35	2	Flat
£1.5M	07/23	0.49 mi	Top Floor Flat, 93, Fitzjohns Avenue, London, Greater London NW3 6NX	-	-	2	Flat
£442K	11/23	0.49 mi	Flat 65, Burnham, Fellows Road, London, Greater London NW3 3JP	-	-	2	Flat
£442K	11/23	0.49 mi	Flat 65, Burnham, Fellows Road, London, Greater London NW3 3JP	-	-	2	Flat
£1.8M	03/21	0.5 mi	48, South Hill Park, London, Greater London NW3 2SJ	-	-	2	Flat
£865K	11/21	0.52 mi	25c, Gayton Road, London, Greater London NW3 1TY	-	-	2	Flat
£412K	07/23	0.53 mi	19, Wordsworth Place, London, Greater London NW5 4HG	£4,871	85	2	Flat
£640K	06/23	0.53 mi	Basement Floor Flat, 26, Parliament Hill, Hampstead, London, Greater London NW3 2TN	-	-	2	Flat
£695K	05/23	0.54 mi	Flat 73, St. Johns Court, Finchley Road, London, Greater London NW3 6LE	-	-	2	Flat
£840K	10/21	0.57 mi	Flat 49, Visage Apartments, Winchester Road, London, Greater London NW3 3ND	-	-	2	Flat
£770K	11/23	0.57 mi	Flat 8, Visage Apartments, Winchester Road, London, Greater London NW3 3NW	-	-	2	Flat
£857.5K	01/23	0.57 mi	First Floor Flat At, 41, Nassington Road, London, Greater London NW3 2TY	-	-	2	Flat
£405K	02/21	0.57 mi	Flat 13, Whitebeam House, Maitland Park Road, London, Greater London NW3 2HG	-	-	2	Flat
£685K	07/21	0.59 mi	Flat 31, The Wells House, Well Walk, London, Greater London NW3 1LF	-	-	2	Flat
£475K	05/21	0.6 mi	109, Maitland Park Road, London, Greater London NW3 2HE	£8,190	58	2	Flat
£680K	03/21	0.6 mi	56b, Grafton Terrace, London, Greater London NW5 4HY	£10,927	62	2	Flat
£520K	06/21	0.6 mi	50b, Grafton Terrace, London, Greater London NW5 4HY	£8,387	62	2	Flat

Local Rents

49 rents from £1.9K/mo to £6.9K/mo, average is £2.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,400	07/24	0.07 mi	Belsize Avenue, London, NW3	2	Flat
£2,100	06/24	0.07 mi	Belsize Avenue, NW3, Belsize Park	2	Flat
£4,550	08/24	0.07 mi	Belsize Court, Wedderburn Road, Hampstead, NW3	2	Flat
£2,700	08/24	0.08 mi	Ornan Road, Belsize Park, NW3	2	Flat
£2,650	06/24	0.08 mi	Tudor Close, London, NW3	2	Flat
£3,640	06/24	0.09 mi	Belsize Court, Wedderburn Road, London, NW3	2	Flat
£2,350	08/24	0.09 mi	Belsize Avenue, Belsize Park NW3	2	Flat
£3,000	07/24	0.1 mi	Belsize Avenue, London, NW3	2	Flat
£3,100	08/24	0.1 mi	Wedderburn Road, Belsize Park NW3	2	Flat
£2,650	06/24	0.1 mi	Wedderburn Road, Hampstead, NW3	2	Flat
£2,950	06/24	0.11 mi	Tudor Close, Belsize Avenue, London, NW3	2	Flat
£2,574	06/24	0.11 mi	Belsize Place, London, NW3	2	Flat
£2,578	07/24	0.11 mi	-	2	Flat
£2,578	06/24	0.11 mi	Belsize Place, Belsize Village, NW3	2	Flat
£2,300	06/24	0.11 mi	Belsize Village, NW3, London	2	Flat
£2,600	06/24	0.11 mi	Belsize Avenue London NW3	2	Flat
£2,850	12/24	0.11 mi	-	2	Flat
£2,750	02/25	0.11 mi	-	2	Flat
£2,650	01/25	0.11 mi	-	2	Flat
£2,700	06/24	0.11 mi	Tudor Close, Belsize Park NW3	2	Flat
£2,700	07/24	0.12 mi	Hillfield Court, NW3	2	Flat
£2,578	06/24	0.12 mi	Belsize Place, Belsize Park, NW3	2	Flat
£4,000	07/24	0.12 mi	Burlington House, Wedderburn Road, Hampstead, London, NW3	2	Flat
£1,850	06/24	0.13 mi	Belsize Village, NW3, London	2	Flat
£2,300	06/24	0.13 mi	Belsize Village, NW3, London	2	Flat
£3,150	08/24	0.13 mi	Belsize Lane, Belsize Park, NW3	2	Flat
£2,500	06/24	0.13 mi	Glenloch Road London NW3	2	Flat
£2,250	06/24	0.14 mi	Belsize Crescent, NW3, Belsize Park	2	Flat
£2,550	07/24	0.14 mi	Belsize Crescent, NW3, Belsize Park	2	Flat
£2,500	08/24	0.14 mi	Belsize Crescent, NW3, Belsize Park	2	Flat
£2,490	08/24	0.14 mi	Belsize Crescent, NW3, Belsize Village	2	Flat
£2,500	08/24	0.14 mi	Belsize Village, NW3, Belsize Park	2	Flat
£2,550	08/24	0.14 mi	Belsize Crescent, NW3, Belsize Village	2	Flat
£2,100	06/24	0.14 mi	Belsize Village, NW3, Belsize Park	2	Flat
£2,300	06/24	0.14 mi	Belsize Village, NW3, Belsize Park	2	Flat
£2,550	06/24	0.14 mi	Belsize Village, NW3, Belsize Park	2	Flat
£2,167	06/24	0.16 mi	Glenloch Road, Belsize Park, London, NW3	2	Flat
£4,000	07/24	0.16 mi	Wedderburn Road, Hampstead, NW3	2	Flat
£2,513	07/24	0.16 mi	-	2	Flat
£6,912	07/24	0.16 mi	Lyndhurst Road, Hampstead NW3	2	Flat
£5,300	04/25	0.16 mi	-	2	Flat
£2,850	06/24	0.16 mi	Glenmore Road, Belsize Park, NW3	2	Flat
£4,000	07/24	0.16 mi	Burlington House, Wedderburn Road, Hampstead, London, NW3	2	Flat
£2,500	06/24	0.17 mi	Octagon Cottage, Belsize Park, NW3	2	Flat
£2,600	09/24	0.17 mi	Belsize Park Gardens, Belsize Park, NW3	2	Flat
£4,750	07/24	0.17 mi	Glenmore Road, London, NW3	2	Flat
£4,750	08/24	0.17 mi	Glenmore Road, London, NW3	2	Flat
£6,500	07/24	0.17 mi	Belsize Park Gardens, Belsize Park NW3	2	Flat
£3,899	06/24	0.17 mi	-	2	Flat

Local Area Statistics

Population in NW3	51,64451,644
Population in London	4,771,9214,771,921
Town centre distance	3.15 miles away3.15 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-8%-8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-2%-2%

Property History

Price changed to £1,100,000

December 4, 2024

Listed for £1,200,000

-78%

January 23, 2024

Sold for £4,175,000

2018

Sold for £2,875,000

2012

Floor Plans

Description

Two double bedrooms +
1,000 square feet +
Wood floors & high ceilings +
Demised loft +
0.1 miles to shops +
0.2 miles to the Northern Line +

Situated on the top floor of this period house is this extremely bright and recently refurbished two double bedroom flat (1,000 square feet) with a demised loft adding additional storage.

The property features wood floors, high ceilings, a fully tiled bathroom with separate bath and walk in shower, a well-equipped kitchen with integrated appliances and built in wardrobes in the main bedroom.

Ornan Road is a desirable residential turning in Belsize Park located just 0.2 miles from Belsize Park Underground (Northern Line) and 0.1 miles from all the shops, restaurants and amenities that Haverstock Hill provides. As well as this, Belsize Village, a pedestrianised Village area with independent shops, cafes and restaurants is located 0.2 miles away. Sole agent.

Selling your property in Ornan Road? Trying to find your perfect home to buy? Register with Chestertons Hampstead to get the full picture from the experts in the Belsize Park market.

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Agent Details

Chestertons, Hampstead

020 3869 4548

Next Steps?

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

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