2 Bed Flat, Single Let, London, W2 1EJ, £400,000

Edgware Road, London, W2 1EJ - 5 views - 8 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£250K - £12.5M
Sold Prices/m²£11K/m² - £18.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£496,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£2,167 - £10,617

Rent Estimate

£2,384

Running Costs/mo

£1,747

Cashflow/mo

£637

Cashflow/yr

£7,646

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £250K to £12.5M, average is £800K. £11K/m² to £18.5K/m², average is £13.3K/m².

PriceDateDistanceAddressBeds 
£980K09/210.06 miFlat 74, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX2
£1.0M08/210.06 miFlat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX2
£1.2M06/210.1 miFlat 29, Clifton Court, Northwick Terrace, London, Greater London NW8 8HT2
£868K03/210.12 miFlat 17, Clifton Court, Northwick Terrace, London, Greater London NW8 8HS2
£475K08/230.16 miFlat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ2
£1.5M07/210.18 miUpper Maisonette, 8, Clarendon Gardens, London, Greater London W9 1AY2
£625K03/210.23 mi50b, Randolph Avenue, London, Greater London W9 1BE2
£835K01/240.24 miFlat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£1.7M06/230.24 miPenthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£1.7M03/230.24 mi47e, Randolph Avenue, London, Greater London W9 1BQ2
£725K06/210.25 miFlat 4a, Grove End House, Grove End Road, London, Greater London NW8 9HP2
£600K03/230.25 miFlat 7b, Grove End House, Grove End Road, London, Greater London NW8 9HL2
£500K02/210.29 miFlat 2, Florence Court, Maida Vale, London, Greater London W9 1TB2
£360K08/230.29 mi3d, Gateforth Street, London, Greater London NW8 8EH2
£1.5M06/240.29 mi21b, Randolph Crescent, London, Greater London W9 1DP2
£12.5M12/200.29 mi61, Hamilton Terrace, London, Greater London NW8 9RG2
£900K03/210.3 mi48a, Hamilton Terrace, London, Greater London NW8 9UJ2
£475K01/210.34 miFlat 12, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£250K03/230.34 miFlat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£550K09/230.36 mi11c, Penfold Street, London, Greater London NW1 6RU2
£2.9M08/210.36 miFirst Floor Flat, 35, Blomfield Road, London, Greater London W9 2PF2
£2.2M09/230.37 miBasement Flat, 22, Warrington Crescent, London, Greater London W9 1EL2
£2.1M09/230.37 miGround Floor Flat, 22, Warrington Crescent, London, Greater London W9 1EL2
£790K01/230.37 miFlat 106, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£800K10/230.37 miFlat 98, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£398K10/200.41 mi63a, Lisson Street, London, Greater London NW1 5DA2
£840K10/200.41 miFlat 409, Addison House, Grove End Road, London, Greater London NW8 9EL2
£1.4M06/210.42 miBasement Flat, 178, Sutherland Avenue, London, Greater London W9 1HR2
£660K12/200.45 miFlat 6, Cosway Mansions, Shroton Street, London, Greater London NW1 6UE2
£761K06/230.45 miFlat 17, Circus Lodge, Circus Road, London, Greater London NW8 9JL2
£720K04/230.5 miFlat 20, Mordern House, Harewood Avenue, London, Greater London NW1 6NR2
£1.1M03/210.5 miFlat 86, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NF2
£550K09/230.51 miFlat 16, Farnham House, Harewood Avenue, London, Greater London NW1 6NT2
£800K04/210.51 miGround Floor Flat, 117, Randolph Avenue, London, Greater London W9 1DN2
£662.5K12/230.51 miFirst Floor Flat, 117, Randolph Avenue, London, Greater London W9 1DN2
£467.5K10/230.51 miFlat 22, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£680K08/210.51 miFlat 25, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£1.1M08/210.55 miFlat 66, Abbey Lodge, Park Road, London, Greater London NW8 7RL2
£1.2M02/230.57 miFlat 234, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1NQ2
£835K05/230.58 miFlat 22, Biddulph Mansions, Biddulph Road, London, Greater London W9 1HY2
£725K12/200.58 miFlat 219, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LZ2
£780K01/210.58 mi4a, Norfolk Place, London, Greater London W2 1QN2
£950K02/210.59 miFlat 118, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£638K03/230.59 miFlat 115, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£507.5K03/210.59 miFirst Floor Flat, 59, Balcombe Street, London, Greater London NW1 6HD2
£780K03/230.59 miFlat 32, Delaware Mansions, Delaware Road, London, Greater London W9 2LH2
£905K09/210.59 mi25a, Harcourt Street, London, Greater London W1H 4HN2
£625K09/230.6 miFlat D, 225, Elgin Avenue, London, Greater London W9 1NH2
£2.5M01/210.6 miBasement & Ground Floor Flat, 221, Elgin Avenue, London, Greater London W9 1NH2
£990K09/220.6 miFirst And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX2

Local Rents

49 rents from £2.2K/mo to £10.6K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,95006/240.02 miClifton Court, Northwick Terrace, NW82
£2,60006/240.06 mi Clifton Court, Northwick Terrace, St John's Wood NW82
£2,60007/240.06 mi Clifton Court, Northwick Terrace, St John's Wood NW82
£2,75010/240.06 miCunningham Court, Maida Vale, W92
£2,50009/240.06 mi-2
£2,20004/250.06 mi-2
£2,50008/240.06 miDicksee House, London, NW82
£3,90006/240.06 miClifton Court, Northwick Terrace, London, NW82
£2,75010/240.07 miCunningham Court, Maida Vale, Little Venice, London, W92
£3,40010/240.07 miParsons House, London, W22
£3,40010/240.07 mi-2
£2,59910/240.08 miEdgeware Road, London, W92
£2,59910/240.08 mi-2
£3,46706/240.08 miAberdeen Place, St Johns Wood, London, NW82
£2,75010/240.08 miCunningham Court, Maida Vale, W92
£2,27506/240.08 miPollitt Drive, St Johns Wood NW82
£3,25006/240.09 miAberdeen Place, St. John's Wood, NW82
£2,70006/240.09 mi-2
£2,59503/250.09 mi-2
£2,80006/240.09 miClifton Court St Johns Wood NW82
£3,14210/240.09 miClarendon Court2
£2,50010/240.09 mi-2
£3,25010/240.1 miClarendon Court, 33 Maida Vale, London, W92
£3,07707/240.1 miClifton Court Northwick Terrace St Johns Wood London NW82
£3,40010/240.1 mi-2
£3,25010/240.1 miClarendon Court, 33 Maida Vale, W92
£2,70007/240.1 miFrampton Street, Edgware Rd NW8 8NA2
£2,84708/240.1 miFrampton Street, Edgware Road, NW8 8NA2
£2,70009/240.1 miFrampton Street, Edgware Rd 2
£2,70007/240.1 miFrampton Street, Edgware Road NW8 8NA2
£2,92506/240.1 miClifton Court, Northwick Terrace, St Johns Wood, London2
£7,80002/250.1 mi-2
£10,61710/240.11 miRandolph Avenue, Maida Vale2
£3,46708/240.12 miClifton Court, Northwick Terrace, St John's Wood, London, NW82
£2,60006/240.12 miFisherton Street2
£2,50010/240.13 mi-2
£2,20010/240.13 mi-2
£3,29812/230.13 miOld Aeroworks2
£2,49208/240.14 miFrampton Street , Regents Park / Marylebone NW82
£3,10006/240.14 miSt. Johns Wood Road, St. Johns Wood, NW82
£2,40006/240.15 mi-2
£2,38406/240.16 miSt Johns Wood Road, St John's Wood, London, NW82
£3,40206/240.16 miFisherton Street, London, NW82
£2,94710/240.16 miClifton Gardens, Maida Vale, London, W92
£3,68310/240.17 miMelbourne Court, Randolph Avenue, Little Venice, London, W92
£3,70004/250.17 mi-2
£3,45010/240.17 mi-2
£3,90008/240.17 miTemplar Court, St Johns Wood, NW82
£2,16706/240.17 miCunningham Place, St Johns Wood NW82

Local Area Statistics

Population in W2

47,574

Population in London

4,771,921

Town centre distance

3.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Buyer's market

Capital growth (5yrs)

-15%

Property History

Listed for £400,000

August 28, 2024

Floor Plans

Description

  • Top Floor, No service charge or ground rent +
  • Modern kitchen/dining area for entertaining +
  • Spacious main bedroom with en-suite +
  • Dressing room in the master bedroom +
  • Well-sized second bedroom/home office +
  • Additional shower room off the landing +
  • Walking distance to Circle, Bakerloo & Elizabeth lines +
  • Close to shops, bars, and restaurants +
  • Ideal rental investment or homeowner opportunity +
  • Long lease until 2185 +

Tenure: Leasehold – Expires 22/12/2185

Vacant Freeholder | No Service Charge | No Ground Rent This charming two-bedroom flat offers an exceptional opportunity in a highly sought-after location, just a short walk from shops, bars, restaurants, and excellent transport links. The property features a modern kitchen and dining area, ideal for both entertaining and everyday living. The spacious main bedroom benefits from an en-suite bathroom and dressing room, adding a touch of luxury and practicality. The second bedroom is well-sized, making it perfect for guests, a home office, or additional storage. A separate shower room is conveniently located off the landing. With no service charge or ground rent, this flat is a rare find for both homeowners and investors. Situated within walking distance of the Circle, Bakerloo, and Elizabeth lines, it provides excellent connectivity for commuters. Whether you're looking for a stylish home or a high-yield rental opportunity, this property offers both convenience and long-term value in a vibrant setting. EPC Band: E Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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