2 Bed Flat, Single Let, London, NW2 7BX £325,000

Crest Road, London, NW2 7BX - a year ago
Sold STC
Leasehold
BTL
~62 m²
Property image

ValuationUndervalued

Sold Prices£205K - £688.4K
Sold Prices/m²£2.4K/m² - £8K/m²

 

 

Square Metres

~62.38 m²
Price/m²£5.2K/m²

Value Estimate

£390,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£475 - £3,500

Rent Estimate

£544

Running Costs/mo

£1,144

Cashflow/mo

£-600

Cashflow/yr

£-7,205

Gross Yield

2%

Local Sold Prices

48 sold prices from £205K to £688.4K, average is £400K. £2.4K/m² to £8K/m², average is £6.7K/m².

Price
Date
Distance
Address
Beds
 
£378.5K03/230.08 mi96, Coles Green Road, London, Greater London NW2 7ES2
£430K03/230.31 miFlat 9, Greencrest Place, Dollis Hill Lane, London, Greater London NW2 6HF2
£370K06/230.43 mi32 Code Court, Flowers Close, London, Greater London NW2 7FG2
£390K11/230.44 miFlat 18, Cipher Court, Flowers Close, London, Greater London NW2 7BF2
£380.5K04/230.44 miFlat 7, Cipher Court, Flowers Close, London, Greater London NW2 7BF2
£295K09/230.47 mi82, Mascotts Close, London, Greater London NW2 6NS2
£335K01/250.49 miDebham Court, 29, Pinemartin Close, London NW2 6YX2
£435K12/220.49 mi79a, Vincent Gardens, London, Greater London NW2 7RH2
£400K02/230.5 mi59a, Vincent Gardens, London, Greater London NW2 7RJ2
£325K06/210.5 miFlat 17, Katrine Court, Shobroke Close, London, Greater London NW2 6YU2
£325K09/210.55 mi140a, Tanfield Avenue, London, Greater London NW2 7RR2
£335K02/250.55 mi76, Campbell Gordon Way, London NW2 6RW2
£460K06/210.57 mi7, Wotton Road, London, Greater London NW2 6PU2
£432K12/220.57 mi45, Wotton Road, London, Greater London NW2 6PU2
£400K03/230.58 mi72a, Randall Avenue, London, Greater London NW2 7ST2
£400K08/210.6 mi25, Newton Road, London, Greater London NW2 6PS2
£343K08/250.63 mi115, Clitterhouse Road, Cricklewood, London NW2 1DL2
£300K06/230.66 mi6, Temple Road, London, Greater London NW2 6QB2
£509K11/230.67 mi85, Temple Road, London, Greater London NW2 6PN2
£389K11/210.68 mi3, Lovat Close, London, Greater London NW2 7RU2
£546K11/220.69 mi104, Mora Road, London, Greater London NW2 6TE2
£345K06/210.7 mi13a, Dallas Road, London, Greater London NW4 3JB2
£370K09/230.7 mi53a, Dallas Road, London, Greater London NW4 3JB2
£460K08/230.72 miGround Floor Flat, 38, Mora Road, London, Greater London NW2 6TG2
£428K04/240.75 mi53, Ivy Road, London NW2 6SY2
£460K01/250.76 mi5 Goshawk Court, Flat 70, Shearwater Drive, Colindale, London NW9 7AG2
£480K06/250.76 mi34, Perryfield Way, Colindale, London NW9 7EG2
£480K06/250.76 mi34, Perryfield Way, Colindale, London NW9 7EG2
£205K02/240.77 mi188a, West Hendon Broadway, Colindale, London NW9 7EE2
£540K06/250.8 miGround Floor Flat, 57, Olive Road, London NW2 6UN2
£540K06/250.8 miGround Floor Flat, 57, Olive Road, London NW2 6UN2
£500K09/210.81 miGround Floor Flat, 7, Ivy Road, London, Greater London NW2 6SU2
£688.4K07/250.85 mi37, Larch Road, London NW2 6SG2
£470K12/240.85 mi1 Hawfinch House, Flat 136, Moorhen Drive, West Hendon, London NW9 7BX2
£493K08/210.88 miFlat 10, Trinity Court, Anson Road, London, Greater London NW2 6AZ2
£450K06/250.9 mi3a, Southview Avenue, London NW10 1RB2
£450K06/250.9 mi3a, Southview Avenue, London NW10 1RB2
£249K07/230.9 mi79, Woodvale Way, London, Greater London NW11 8SQ2
£410K09/230.91 mi17, Woodvale Way, London, Greater London NW11 8SF2
£416K12/220.92 mi140, Park Road, London, Greater London NW4 3TL2
£382K09/210.92 miFlat 130, Ashford Court, Ashford Road, London, Greater London NW2 6BT2
£475K03/230.93 mi47b, Prout Grove, London, Greater London NW10 1PU2
£325K03/250.93 mi38a, Algernon Road, Hendon, London NW4 3TA2
£325K03/250.93 mi38a, Algernon Road, Hendon, London NW4 3TA2
£220K02/250.95 mi25, Northview Crescent, London NW10 1RD2
£372.5K01/240.96 mi45a, Algernon Road, London, Greater London NW4 3SY2
£365K03/250.98 miFlat 3, 2b, Renters Avenue, Hendon, London NW4 3RA2
£360K04/230.99 mi398, Neasden Lane North, London, Greater London NW10 0BT2

Local Rents

50 rents from £475/mo to £3.5K/mo, average is £2K/mo.

Rent
Date
Distance
Address
Beds
 
£2,24910/250.11 miColes Green Road, Dollis Hill2
£2,20009/250.11 miColes Green Road, London, NW2 7FL2
£2,30012/240.11 mi-2
£1,71506/240.13 miDelta Court, Coles Green Road2
£1,67506/240.13 miDelta Court, Coles Green Road2
£1,70007/250.13 miDelta Court, Coles Green Road2
£1,70006/250.14 miDelta Court, NW22
£1,65006/250.14 miDelta Court, NW22
£1,65007/250.14 miDelta Court, NW22
£1,80006/240.15 miComber Close, NW22
£2,91007/250.23 mi-2
£3,50011/240.24 mi-2
£2,00009/250.24 miWoodbridge Close, London, NW22
£2,00011/250.24 miWoodbridge Close, London, NW22
£1,80011/250.28 mi-2
£2,20002/250.29 mi-2
£1,95008/240.29 miDollis Hill Lane, London, NW22
£1,80011/250.29 miDollis Hill Lane , DOLLIS HILL / CRICKLEWOOD NW2 NW22
£2,50006/250.3 miDollis Hill Lane, London2
£2,50003/250.3 mi-2
£1,89506/250.3 miDollis Heights, Dollis Hill, London, NW22
£1,80006/240.32 miShepherds Walk, London2
£57606/250.32 mi18 Ribbon Lane, NW22
£2,65008/250.32 mi18 Ribbon Lane2
£2,65006/250.32 mi18 Ribbon Lane2
£2,81608/250.32 mi18 Ribbon Lane2
£2,81608/250.32 mi18 Ribbon Lane2
£2,14506/240.32 miCollins Building, 2 Wilkinson Close, London, NW22
£2,50007/250.32 miRibbon Lane, Cricklewood, NW22
£52507/250.32 miCollins Building, 2 Wilkinson Close, London, NW22
£47507/250.32 miBeuth House, 3 Swannell Way, Cricklewood, NW22
£2,60010/250.32 miThe Ashbee, 20 Parkview Avenue, NW22
£2,50011/250.32 miClaremont Road, London, NW22
£2,60011/250.32 miThe Ashbee, 20 Parkview Avenue, NW22
£2,71506/250.33 miAviator Drive, London, NW22
£2,71506/250.34 miAviator Drive, London, NW22
£1,74607/240.36 miDollis Hill Lane, Dollis Hill NW2 2
£2,10007/250.36 miDollis Hill Lane, Dollis Hill NW2 2
£1,75009/240.38 miWestmeath House, London, NW22
£1,80009/250.38 miWestmeath House, London, NW22
£1,75010/240.38 mi-2
£1,99912/240.38 mi-2
£1,99901/250.38 mi-2
£1,80010/250.38 mi-2
£1,89806/240.39 miBrook Road, Dollis Hill NW22
£2,00010/250.4 miWilkinson Close, London, NW22
£2,00010/250.4 miBrook Road, Gladstone Park, London, NW22
£2,20005/250.4 mi-2
£2,05007/250.4 mi-2
£2,05007/250.4 mi-2

Local Area Statistics

Population in NW2

67,317

Population in London

4,771,921

Town centre distance

6.08 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Buyer's market

Capital growth (5yrs)

+20%

Property History

Listed for £325,000

August 1, 2024

Floor Plans

Property image

Description

  • • Gas central heating +
  • • Double glazed windows +
  • • Chain free sale +
  • • Two good sized bedrooms +
  • • Good sized kitchen +
  • • Residents parking +
  • • Security entry phone system to main door +
  • • Gross internal floor area of 671 sq ft (62 sq m) approximately +

A spacious second floor two double bedroom flat and situated in a purpose built residential development constructed circa 1930 and located at the junction of Coles Green Road and Crest Road and therefore being within a few yards of local shops and bus services. The property is offered for sale chain free and is located within 2 miles approximately of Brent Cross shopping complex and is located within a few hundred yards of the recently opened Brent Cross West Station with overground trains into London Kings Cross in approximately 15 minutes.

Agent Details

Hoopers, Neasden

020 3872 5329

Next Steps?

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