3 Bed Flat, Single Let, London, W2 6HG, £550,000

Hallfield Estate, London, W2 6HG - 1 views - 8 months ago

Leasehold

BTL

ROI: 2%

~93 m²

+4 photos

ValuationUndervalued

Sold Prices	£500K - £4.1M
Sold Prices/m²	£6.8K/m² - £27.4K/m²

Square Metres	~93 m²
Price/m²	£5.9K/m²
Value Estimate	£676,500£676,500
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£137,500£137,500
Stamp Duty & Legal Fees	£32,700£32,700
Total Cash In	£170,200£170,200

Cash Out
Rent Range	£1,200 - £10,920£1,200 - £10,920
Rent Estimate	£2,475
Running Costs/mo	£2,234£2,234
Cashflow/mo	£241£241
Cashflow/yr	£2,895£2,895
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £500K to £4.1M, average is £1.1M. £6.8K/m² to £27.4K/m², average is £12K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£520.5K	02/23	0.02 mi	Flat 10, Newbury House, Hallfield Estate, London, Greater London W2 6HH	-	-	3	Flat
£775K	07/23	0.13 mi	Flat 110, Ralph Court, Queensway, London, Greater London W2 5HU	-	-	3	Flat
£1.2M	05/21	0.22 mi	132, Westbourne Terrace Mews, London, Greater London W2 6QG	£12,872	94	3	Flat
£650K	06/21	0.22 mi	22b, Sunderland Terrace, London, Greater London W2 5PA	-	-	3	Flat
£2.4M	09/23	0.22 mi	2c, Sunderland Terrace, London, Greater London W2 5PA	-	-	3	Flat
£500K	01/21	0.29 mi	Basement Flat, 1, Leinster Square, London, Greater London W2 4PL	£7,463	67	3	Flat
£4.1M	05/23	0.29 mi	10, Leinster Square, London, Greater London W2 4PL	-	-	3	Flat
£525K	08/21	0.33 mi	29, Bourne Terrace, London, Greater London W2 6PA	£7,216	73	3	Flat
£1.1M	10/21	0.35 mi	Flat 1, Evesham House, Hereford Road, London, Greater London W2 4PD	-	-	3	Flat
£3.7M	12/20	0.36 mi	Flat 10, Prince Edward Mansions, Hereford Road, London, Greater London W2 4WB	-	-	3	Flat
£850K	06/21	0.41 mi	Basement Flat, 132, Westbourne Grove, London, Greater London W11 2RR	£27,411	31	3	Flat
£3.5M	04/21	0.43 mi	2, Lord Hills Road, London, Greater London W2 6PD	£11,290	310	3	Flat
£950K	12/23	0.45 mi	Flat 11, Carroll House, Craven Terrace, London, Greater London W2 3PP	-	-	3	Flat
£740K	11/20	0.5 mi	Flat 32, Gilray House, Gloucester Terrace, London, Greater London W2 3DF	-	-	3	Flat
£815K	12/20	0.5 mi	Flat 5, Gilray House, Gloucester Terrace, London, Greater London W2 3DF	-	-	3	Flat
£1.4M	12/20	0.54 mi	Maisonette D, 55, Pembridge Villas, London, Greater London W11 3ES	-	-	3	Flat
£570K	03/21	0.56 mi	72, John Aird Court, London, Greater London W2 1UZ	£6,786	84	3	Flat
£1.3M	02/21	0.57 mi	Flat 13, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	3	Flat
£695K	06/21	0.57 mi	Flat 2, Fleming Lodge, Admiral Walk, London, Greater London W9 3TE	-	-	3	Flat
£1.1M	08/23	0.59 mi	14, Sussex Square, London, Greater London W2 2SL	-	-	3	Flat
£530K	06/21	0.59 mi	Flat 46, Fleming Court, St Marys Square, London, Greater London W2 1SE	-	-	3	Flat
£585K	01/21	0.59 mi	Flat 1, Fleming Court, St Marys Square, London, Greater London W2 1SE	-	-	3	Flat
£1.1M	01/21	0.6 mi	Flat 46, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SH	-	-	3	Flat
£580K	11/23	0.61 mi	57b, Sutherland Avenue, London, Greater London W9 2HF	£11,586	50	3	Flat
£2.4M	03/21	0.64 mi	Flat A, 14, Maida Avenue, London, Greater London W2 1SR	-	-	3	Flat
£1.8M	03/21	0.66 mi	23c, Leamington Road Villas, London, Greater London W11 1HS	-	-	3	Flat
£825K	03/21	0.66 mi	First Floor Flat, 10, Clarendon Gardens, London, Greater London W9 1AY	£16,176	51	3	Flat
£1.3M	06/23	0.67 mi	26c, Clarendon Gardens, London, Greater London W9 1AZ	-	-	3	Flat
£1.8M	10/21	0.67 mi	Basement, 22, Clarendon Gardens, London, Greater London W9 1AZ	-	-	3	Flat
£1.6M	06/23	0.71 mi	3b, Randolph Crescent, London, Greater London W9 1DP	£11,151	139	3	Flat
£1.1M	06/21	0.72 mi	65, St Michaels Street, London, Greater London W2 1QR	-	-	3	Flat
£1.9M	10/21	0.72 mi	3, Campden Street, London, Greater London W8 7EP	-	-	3	Flat
£3.8M	01/21	0.72 mi	22, Randolph Crescent, London, Greater London W9 1DR	£15,753	239	3	Flat
£1.4M	09/21	0.72 mi	Third And Fourth Floor Flat, 149, Sutherland Avenue, London, Greater London W9 1ES	-	-	3	Flat
£863K	06/21	0.73 mi	Flat 31, Delaware Mansions, Delaware Road, London, Greater London W9 2LH	-	-	3	Flat
£2.9M	06/21	0.73 mi	First Floor Flat, 1, Inverness Gardens, London, Greater London W8 4RN	-	-	3	Flat
£565K	02/21	0.76 mi	First Floor Flat, 106, Shirland Road, London, Greater London W9 2EQ	£11,300	50	3	Flat
£1.6M	12/20	0.78 mi	Flat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	3	Flat
£1.6M	12/20	0.78 mi	Flat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	3	Flat
£1.1M	03/23	0.78 mi	Flat 53, Castellain Mansions, Castellain Road, London, Greater London W9 1HE	-	-	3	Flat
£1.7M	11/20	0.78 mi	Flat 11, Hamilton House, Vicarage Gate, London, Greater London W8 4HL	-	-	3	Flat
£895.2K	11/23	0.79 mi	Castellain Mansions, Flat 108, Castellain Road, London, Greater London W9 1HB	£10,059	89	3	Flat
£873K	02/23	0.79 mi	Flat 112, Castellain Mansions, Castellain Road, London, Greater London W9 1HB	-	-	3	Flat
£3.0M	04/23	0.79 mi	26a, Ladbroke Gardens, London, Greater London W11 2PY	-	-	3	Flat
£590K	01/21	0.8 mi	Fourth Floor Flat, 6, Campden Hill Gardens, London, Greater London W8 7AY	-	-	3	Flat
£535K	05/23	0.8 mi	Second Floor Flat, 3, Basing Street, London, Greater London W11 1EN	£14,861	36	3	Flat
£1.9M	12/23	0.81 mi	71a, Kensington Church Street, London, Greater London W8 4BG	£15,726	124	3	Flat
£1.6M	02/21	0.82 mi	First Floor Flat, 8, Holland Park Avenue, London, Greater London W11 3QU	£17,204	93	3	Flat
£2.5M	05/21	0.82 mi	24 - 25, Stanley Crescent, London, Greater London W11 2NA	-	-	3	Flat
£2.4M	10/23	0.82 mi	4a, Ladbroke Gardens, London, Greater London W11 2PT	£12,368	190	3	Flat

Local Rents

50 rents from £1.2K/mo to £10.9K/mo, average is £5.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,800	12/24	0.01 mi	-	3	Flat
£3,500	10/24	0.05 mi	-	3	Flat
£3,500	11/24	0.07 mi	-	3	Flat
£4,117	10/24	0.14 mi	Queensway, Queensway, London, W2	3	Flat
£3,683	10/24	0.14 mi	Tenniel Close, Hyde Park	3	Flat
£6,500	01/25	0.14 mi	-	3	Flat
£3,033	04/25	0.15 mi	-	3	Flat
£5,980	10/24	0.16 mi	Garden House, Kensington, W2	3	Flat
£5,980	10/24	0.16 mi	Kensington Gardens Square London W2	3	Flat
£5,980	10/24	0.16 mi	Kensington Gardens Square, Bayswater, London, W2	3	Flat
£5,980	10/24	0.16 mi	Garden House, Kensington Gardens Square,W2	3	Flat
£5,980	10/24	0.16 mi	Kensington Garden Square, Bayswater, W2	3	Flat
£2,700	02/24	0.17 mi	-	3	Flat
£7,650	10/24	0.18 mi	-	3	Flat
£5,195	10/24	0.18 mi	-	3	Flat
£3,750	10/24	0.18 mi	Inverness Terrace, Bayswater	3	Flat
£2,999	04/25	0.18 mi	-	3	Flat
£2,100	12/24	0.18 mi	-	3	Flat
£10,920	10/24	0.19 mi	Kensington Gardens Square, London	3	Flat
£10,920	10/24	0.19 mi	Kensington Gardens Square, Bayswater, W2	3	Flat
£10,920	10/24	0.19 mi	Kensington Gardens Square, Bayswater, London, W2	3	Terraced House
£10,920	10/24	0.19 mi	Kensington Gardens Square, Westbourne Park, W2	3	Flat
£10,920	10/24	0.19 mi	Kensington Gardens Square, London, W2	3	Flat
£3,600	02/25	0.21 mi	-	3	Flat
£7,800	10/24	0.21 mi	-	3	Flat
£5,800	04/25	0.22 mi	-	3	Flat
£3,995	12/24	0.23 mi	-	3	Terraced House
£9,950	10/24	0.25 mi	Hempel Gardens, 34 Craven Hill Gardens, London, W2 3EA	3	Flat
£3,600	10/24	0.27 mi	-	3	Flat
£1,200	10/24	0.28 mi	-	3	Flat
£1,200	10/24	0.28 mi	-	3	Flat
£3,683	10/24	0.29 mi	Westbourne Grove, Notting Hill W2	3	Flat
£4,200	10/24	0.31 mi	Craven Hill Bayswater W2	3	Flat
£7,583	10/24	0.31 mi	Caroline Place Mews, London	3	Flat
£4,333	10/24	0.31 mi	Princes Square, W2	3	Flat
£4,800	10/24	0.32 mi	Hereford Road London W2	3	Flat
£4,800	10/24	0.32 mi	The Baynards, 29 Hereford Road, Notting Hill, London, W2	3	Flat
£5,995	11/24	0.34 mi	-	3	Flat
£5,250	11/24	0.34 mi	-	3	Flat
£5,250	11/24	0.34 mi	-	3	Flat
£5,250	11/24	0.34 mi	-	3	Flat
£5,250	04/25	0.34 mi	-	3	Flat
£4,983	10/24	0.34 mi	18 Chilworth Street, London, W2.	3	Flat
£5,633	10/24	0.34 mi	Chepstow Place, Notting Hill, W2	3	Flat
£5,633	10/24	0.34 mi	Chepstow Place, Westbourne Park, W2	3	Flat
£5,200	10/24	0.35 mi	Lancaster Gate, Bayswater, London, W2	3	Flat
£4,000	10/24	0.35 mi	Westbourne Terrace, London, W2	3	Flat
£3,975	10/24	0.35 mi	75 Westbourne Terrace, London, W2	3	Flat
£3,900	02/25	0.36 mi	-	3	Flat
£3,850	02/25	0.36 mi	-	3	Flat

Local Area Statistics

Population in W2	47,57447,574
Population in London	4,771,9214,771,921
Town centre distance	3.59 miles away3.59 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.23 miles away0.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+20%+20%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-15%-15%

Property History

Listed for £550,000

August 30, 2024

Floor Plans

Description

A rare investment opportunity on the award winning(Green Heritage Accreditation) +
Currently offering a 6% return on investment +
Completely refurbished in 2020 to an excellent standard +
Located on the 9th floor (with lift) and offering stunning views across London +
A Doctor's surgery & primary school on site & beautifully maintained gardens +
Fabulous amenities of Bayswater & Queensway & close to the new Whiteley development +
Only a 5-minute walk to Bayswater, Queensway & Royal Oak tube stations +
Only a few minutes walk to the lush open spaces of Hyde Park +
A short walk away from the large Waitrose supermarket +

A unique investment opportunity located in the heart of Bayswater that features a very well presented 3 double bedroom 2 bathroom flat on the award winning Hallfield Estate (Green Heritage Accreditation), which currently offers a 6% return on investment.

The apartment was completely refurbished in 2020 to an excellent standard and is located on the 9th floor (with lift) offering stunning views across London.

Pembroke House is less than a 5-minute walk from the Whiteley development, the green open spaces of Hyde Park, the large Waitrose supermarket and Bayswater, Queensway, Royal Oak tube stations.

The estate has an onsite doctor's surgery and primary school and beautifully maintained gardens.

Leasehold
(Approximately 83 years remaining)

Approximate gross internal space: 755sq ft / 70.14sq m

Service Charge: Approximately £2,000 per annum

Ground Rent: Approximately £10.00 per annum

Agent Details

Hellas-Helvetia, London

020 3909 6449

Next Steps?

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