2 Bed Flat, Single Let, London, NW2 3UL, £500,000

Exeter Road, London, NW2 3UL - 8 months ago

BTL
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£230K - £935K
Sold Prices/m²£5.9K/m² - £18.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.3K/m²

Value Estimate

£605,781
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£38,700

Total Cash In

£163,700

 

 

Cash Out

 

Rent Range

£1,850 - £5,178

Rent Estimate

£1,989

Running Costs/mo

£1,980

Cashflow/mo

£9

Cashflow/yr

£104

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £230K to £935K, average is £560K. £5.9K/m² to £18.7K/m², average is £8.9K/m².

PriceDateDistanceAddressBeds 
£525K12/220 miFlat 19, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£500K11/210.01 miFlat 10, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£565K06/210.01 miFlat 24, Cedar Lodge, Exeter Road, London, Greater London NW2 3UL2
£477.5K03/210.04 miFlat 12b, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£625K04/230.04 miFlat 10a, Exeter Mansions, Exeter Road, London, Greater London NW2 3UG2
£637.5K01/210.1 miFirst Floor Flat, 9, Exeter Road, London, Greater London NW2 4SJ2
£700K01/240.15 mi32a, Fordwych Road, London, Greater London NW2 3TG2
£575K06/210.18 mi55b, Fordwych Road, London, Greater London NW2 3TN2
£297K07/210.18 mi23b, Maygrove Road, London, Greater London NW6 2EE2
£388.5K08/210.21 miFlat 21, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£440K12/200.21 miFlat 27, Brooklands Court, Cavendish Road, London, Greater London NW6 7XW2
£504K03/210.21 miFirst Floor Flat, 69, Fordwych Road, London, Greater London NW2 3TL2
£850K05/230.21 miFlat A, 103, Fordwych Road, London, Greater London NW2 3TL2
£740K02/230.21 miSecond And Third Floor Maisonette, 91, Fordwych Road, London, Greater London NW2 3TL2
£875K11/230.24 miGarden Floor Flat, 45, Christchurch Avenue, London, Greater London NW6 7BB2
£745K11/230.24 mi40a, Christchurch Avenue, London, Greater London NW6 7BE2
£720K09/210.25 miGround Floor Flat, 88, Maygrove Road, London, Greater London NW6 2ED2
£395K09/230.25 miFirst Floor Flat, 13, Iverson Road, London, Greater London NW6 2QT2
£275K03/210.25 miFlat 24, Kendal Court, Shoot Up Hill, London, Greater London NW2 3PD2
£450K03/230.26 miFlat 32, Kendal Court, Shoot Up Hill, London, Greater London NW2 3PD2
£260K06/210.27 miFirst Floor Studio Flat, 15, Mapesbury Road, London, Greater London NW2 4HX2
£442K09/230.27 miFlat 15, James Stewart House, Dyne Road, London, Greater London NW6 7XY2
£425K06/210.3 miFlat 32, Tarranbrae, Willesden Lane, London, Greater London NW6 7PN2
£625K12/220.33 miSecond Floor Flat, 18, Minster Road, London, Greater London NW2 3RB2
£670K03/230.34 miFlat C, 4, Dunster Gardens, London, Greater London NW6 7NH2
£685K02/210.34 miFlat 18, Christchurch Court, Willesden Lane, London, Greater London NW6 7XF2
£450K04/210.36 miFlat 34, Beechworth, Willesden Lane, London, Greater London NW6 7YZ2
£465K02/230.36 miFlat 24, Beechworth, Willesden Lane, London, Greater London NW6 7YZ2
£476.3K10/200.36 mi13a, Sarre Road, London, Greater London NW2 3SN2
£612K03/230.39 miSecond And Third Floor Flat, 20, Buckley Road, London, Greater London NW6 7NA2
£550K05/240.43 mi7, Second Floor Flat, Brondesbury Park, London, Greater London NW6 7BS2
£440K09/230.43 miFlat 1, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£495K03/230.43 miFlat 20, Beacon House, Hemstal Road, London, Greater London NW6 2AG2
£725K05/210.44 mi32a, Burton Road, London, Greater London NW6 7LW2
£735K06/230.44 miFlat 1, Tudor Mansions, Gondar Gardens, West Hampstead, London, Greater London NW6 1EY2
£560K06/210.45 mi66a, Minster Road, London, Greater London NW2 3RG2
£580K01/210.47 miFirst Floor Flat, 145, Sumatra Road, London, Greater London NW6 1PN2
£441K02/210.48 mi21c, Pandora Road, London, Greater London NW6 1TS2
£230K04/230.49 miGround Floor Flat, 25, Narcissus Road, London, Greater London NW6 1TJ2
£550K01/210.49 mi210c, Walm Lane, London, Greater London NW2 3BP2
£875K02/210.5 mi49a, Gondar Gardens, London, Greater London NW6 1EP2
£775K06/210.5 mi56a, Dennington Park Road, London, Greater London NW6 1BD2
£879K08/230.5 mi9a, Gladys Road, London, Greater London NW6 2PU2
£560K11/230.51 miGround Floor Flat, 27, Gascony Avenue, London, Greater London NW6 4NB2
£575K05/230.52 miGround And First Floor Flat, 63, Sherriff Road, London, Greater London NW6 2AS2
£715K03/210.52 mi35b, Dennington Park Road, London, Greater London NW6 1BB2
£555K01/230.52 mi221, Fordwych Road, London, Greater London NW2 3NH2
£485K12/200.52 mi221, Fordwych Road, London, Greater London NW2 3NH2
£935K04/240.53 mi8b, Dynham Road, London, Greater London NW6 2NR2
£725K10/210.53 miGround Floor Flat, 30, Douglas Road, London, Greater London NW6 7RP2

Local Rents

51 rents from £1.9K/mo to £5.2K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25008/240 miExeter Road, Mapesbury, NW22
£5,17806/240 mi-2
£2,45009/240 mi-2
£2,60006/240.01 miExeter Road, Kilburn2
£2,25001/250.03 mi-2
£2,45007/240.03 mi-2
£2,27507/240.03 miJubilee Heights, Shoot Up Hill, Kilburn, NW22
£2,75001/250.03 mi-2
£2,38307/240.03 miShoot Up Hill, London, NW22
£2,25007/240.03 miJubilee Heights, Kilburn2
£1,99507/240.04 miWatling Gardens2
£2,24003/250.04 mi-2
£2,17503/250.05 mi-2
£2,27506/240.05 miJubilee Heights, Shoot Up Hill, Kilburn, NW22
£1,85007/240.08 mi-2
£2,95008/240.1 mi-2
£2,95008/240.1 miChristchurch Avenue, London, NW62
£2,29709/240.1 miChatsworth Road, Brondesbury, NW22
£2,14506/240.12 miChristchurch Avenue, London, NW62
£2,30006/240.12 miChristchurch Avenue, Kilburn, NW62
£2,75006/240.12 miChatsworth Road, NW22
£2,30003/250.12 mi-2
£2,09707/240.12 miChristchurch Avenue, Kilburn NW62
£2,40006/240.12 miCuthberts Road, London2
£2,40006/240.12 miCuthberts Road, London2
£2,14507/240.13 miChristchurch Avenue, London, NW62
£2,50008/240.14 miMaygrove Road, London2
£2,40007/240.14 miDartmouth Road, London, NW22
£2,14508/240.14 miMaygrove Road, West Hampstead, London, NW62
£2,50008/240.15 miMaygrove Road, Kilburn, NW62
£2,10011/240.15 mi-2
£2,25008/240.15 miMaygrove Road, West Hampstead, London, NW62
£2,25008/240.15 miMaygrove Road, West Hampstead, London, NW62
£2,05007/240.15 miWindmill Court, London, NW22
£2,05008/240.15 miWindmill Court, London, NW22
£2,05008/240.15 mi-2
£2,70006/240.15 miLoveridge Mews, London, NW62
£2,70006/240.16 miLoveridge Mews, NW62
£2,16606/240.16 miDartmouth Road, London, NW22
£2,16706/240.16 miDartmouth Road, Kilburn, NW22
£2,23206/240.16 miDartmouth Road, Kilburn, NW22
£2,25006/240.16 miFordwych Road2
£2,29708/240.16 miCavendish Road, Kilburn NW62
£2,29710/240.16 miCavendish Road, Kilburn NW62
£2,25008/240.16 miShoot Up Hill, NW22
£2,25008/240.16 miCavendish Road, Brondesbury, NW62
£2,70007/240.16 miChristchurch Avenue, London NW62
£2,74707/240.17 miCavendish Road, London, NW62
£2,14506/240.17 miChatsworth Road, London2
£2,70007/240.17 mi-2
£1,95012/240.17 mi-2

Local Area Statistics

Population in NW2

67,393

Population in London

4,771,921

Town centre distance

4.50 miles away

Nearest school

0.30 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Buyer's market

Capital growth (5yrs)

+17%

Property History

Listed for £500,000

July 22, 2024

Floor Plans

Description

  • Two bedrooms, two bathrooms +
  • Share of Freehold +
  • Underground, allocated parking +
  • Arranged over 768sqft +
  • Residents swimming pool +
  • Residents gym and concierge +

This lovely apartment is arranged over 768sqft, situated on the top floor of a charming development on Exeter Road. The apartment comprises a spacious reception room, separate kitchen, two double bedrooms, a three-piece family bathroom, an ensuite bathroom and a large entrance hall with storage.

The apartment further benefits from a lift, allocated underground parking, access to a residents swimming pool, gym and concierge and a Share of Freehold.

Exeter Road is ideally located a stones throw away from many local amenities of Kilburn and West Hampstead. Transport links are superb from Kilburn (Jubilee Line) and Brondesbury (Overground) and frequent buses also provide easy access into the city.

Tenure: Share of Freehold
Lease Years Remaining: 971 years approx.
Service Charge: £5,169 per annum approx.
Annual Ground Rent: NA
Council Tax Band: F

Agent Details

Marsh & Parsons, Willesden Green

020 8451 0420

Next Steps?

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