3 Bed Terraced House, Refurb/BRRR, London, NW6 4DG, £1,295,000

Priory Terrace, London, NW6 4DG - 1 views - 7 months ago

Sold STC
Refurb/BRRR
~93 m²
+21 photos

ValuationOvervalued

Sold Prices£790K - £7.0M
Sold Prices/m²£6.7K/m² - £38.9K/m²

 

 

Square Metres

~93 m²
Price/m²£13.9K/m²

Value Estimate

£1,123,930

 

 

End Value (After Refurb)

£939,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£323,750

Stamp Duty & Legal Fees

£110,800

Refurb Costs

£49,312

Bridging Loan Interest

£33,994

Total Cash In

£519,605

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£939,000

Mortgage (After Refinance)

£704,250

Mortgage LTV

75%

Cash Left In

£519,605

Equity

£234,750

Rent Range

£950 - £5,417

Rent Estimate

£3,560

Running Costs/mo

£3,666

Cashflow/mo

£-106

Cashflow/yr

£-1,276

Gross Yield

3%

Local Sold Prices

51 sold prices from £790K to £7.0M, average is £1.6M. £6.7K/m² to £38.9K/m², average is £13.1K/m².

PriceDateDistanceAddressBeds 
£1.1M06/210.11 mi12, Wavel Mews, London, Greater London NW6 3AB3
£1.7M10/220.11 mi10a, Wavel Mews, London, Greater London NW6 3AB3
£4.5M08/220.24 mi30, Aberdare Gardens, London, Greater London NW6 3QA3
£1.3M02/210.28 mi56c, Messina Avenue, London, Greater London NW6 4LE3
£1.9M03/220.32 mi12a, Greville Place, London, Greater London NW6 5JH3
£4.0M03/240.4 mi18, Clifton Hill, St Johns Wood, London, Greater London NW8 0QG3
£970K07/210.41 mi35a, Fairhazel Gardens, London, Greater London NW6 3QN3
£1.9M06/210.42 mi53b, Clifton Hill, London, Greater London NW8 0QE3
£3.8M02/230.43 mi39, Carlton Hill, London, Greater London NW8 0EL3
£1.2M01/210.47 mi5, Andover Place, London, Greater London NW6 5EF3
£4.3M03/210.51 mi152, Hamilton Terrace, London, Greater London NW8 9UX3
£4.0M03/230.51 mi6, Blenheim Road, London, Greater London NW8 0LU3
£790K01/210.52 mi1, Kingsley Road, London, Greater London NW6 7RH3
£1.1M01/210.52 mi41, Charteris Road, London, Greater London NW6 7EY3
£1.1M10/230.53 mi14, Kingsley Road, London, Greater London NW6 7RJ3
£1.0M11/200.54 mi148, Priory Park Road, London, Greater London NW6 7UU3
£1.2M03/210.54 mi134, Priory Park Road, London, Greater London NW6 7UU3
£6.0M11/230.54 mi18, Loudoun Road, London, Greater London NW8 0LT3
£1.2M07/210.55 mi5, Douglas Road, London, Greater London NW6 7RN3
£1.0M02/210.59 mi3, Tennyson Road, London, Greater London NW6 7RT3
£1.1M07/230.59 mi7, Tennyson Road, London, Greater London NW6 7RT3
£2.8M11/210.61 mi47, Abbey Gardens, London, Greater London NW8 9AS3
£2.8M11/210.61 mi47, Abbey Gardens, London, Greater London NW8 9AS3
£1.1M11/200.61 mi43, Torbay Road, London, Greater London NW6 7DX3
£1.7M01/220.62 mi1, Eliot Mews, London, Greater London NW8 9ED3
£950K11/220.63 mi48, Rosemont Road, London, Greater London NW3 6NE3
£2.6M09/210.66 mi4, Regents Mews, London, Greater London NW8 0LB3
£2.0M03/240.7 mi4d, Hill Road, London, Greater London NW8 9QG3
£1.6M04/210.7 mi116, Victoria Road, London, Greater London NW6 6QB3
£2.0M12/230.72 mi137, Victoria Road, Kilburn, London, Greater London NW6 6TE3
£1.1M11/200.74 mi97, Sumatra Road, London, Greater London NW6 1PT3
£1.3M09/210.74 mi59, Sumatra Road, London, Greater London NW6 1PT3
£2.5M03/230.74 mi60, Sumatra Road, London, Greater London NW6 1PR3
£7.0M01/220.75 mi26, Queens Grove, London, Greater London NW8 6HJ3
£2.8M09/220.75 mi7, Elgin Mews South, London, Greater London W9 1JZ3
£1.9M11/220.76 mi15, Elgin Mews South, London, Greater London W9 1JZ3
£2.2M11/230.76 mi14, Acacia Gardens, London, Greater London NW8 6AH3
£3.3M06/230.79 mi36, Ordnance Hill, London, Greater London NW8 6PU3
£3.5M04/240.79 mi40, Ordnance Hill, London, Greater London NW8 6PU3
£1.2M03/210.79 mi48, Ravenshaw Street, London, Greater London NW6 1NW3
£1.0M12/230.79 mi56, Ravenshaw Street, London, Greater London NW6 1NW3
£1.0M12/230.79 mi56, Ravenshaw Street, London, Greater London NW6 1NW3
£1.2M05/220.81 mi22b, Harley Road, London, Greater London NW3 3BN3
£940K06/210.81 mi43, Ravenshaw Street, London, Greater London NW6 1NP3
£1.3M03/210.81 mi120, Saltram Crescent, London, Greater London W9 3JX3
£1.8M07/220.81 miSalusbury House, Brooksville Avenue, London, Greater London NW6 6TH3
£2.8M07/230.81 mi34, Fitzjohns Avenue, London, Greater London NW3 5NB3
£900K04/230.82 mi3, Dudley Road, London, Greater London NW6 6JX3
£1.6M01/240.83 mi37, Summerfield Avenue, London, Greater London NW6 6JT3
£3.5M07/220.85 mi24, Biddulph Road, London, Greater London W9 1JB3
£1.6M12/200.85 mi19, Windermere Avenue, London, Greater London NW6 6LP3

Local Rents

51 rents from £950/mo to £5.4K/mo, average is £3.4K/mo.

RentDateDistanceAddressBeds 
£3,75001/250.08 mi-3
£3,50002/250.08 mi-3
£5,00003/250.09 mi-3
£3,20003/250.11 mi-3
£3,44506/240.11 miWest End Lane, London3
£4,31206/240.11 miPriory Road, South Hampstead, London3
£2,70006/240.12 miAcol Road, South Hampstead NW63
£4,00006/240.12 miSt James Mansions, West Hampstead, London, NW63
£3,25006/240.13 miAcol Road, South Hampstead NW63
£3,00006/240.14 miAcol Road, West Hampstead, NW63
£3,00006/240.14 mi-3
£3,30002/250.14 mi-3
£3,45010/240.16 mi-3
£3,90009/240.16 mi-3
£3,45010/240.16 mi-3
£3,28012/240.16 mi-3
£3,29911/240.16 mi-3
£3,28012/240.16 mi-3
£2,95001/250.16 mi-3
£3,30006/240.16 miAbbey Road, St John's Wood, NW83
£3,85008/240.17 miAberdare Gardens, South Hampstead, NW63
£4,33306/240.18 miGreencroft Gardens London NW63
£4,33306/240.18 miGreencroft Gardens, South Hampstead, London NW63
£3,52510/240.18 mi-3
£3,50010/240.18 mi-3
£3,40012/230.18 miWoodchurch Road, London, NW63
£4,33306/240.19 miGreencroft Gardens, South Hampstead, London3
£4,33306/240.19 miGreencroft Gardens, London, NW63
£3,52504/250.2 mi-3
£3,44508/240.2 miKings Gardens, West Hampstead3
£3,44508/240.2 miKings Gardens, West Hampstead3
£3,44508/240.2 miKings Gardens, West End La, West Hampstead3
£3,44509/240.2 miKings Gardens, West Hampstead3
£2,39912/240.2 mi-3
£3,35908/240.22 miMortimer Crescent, Kilburn, London, NW63
£2,99907/240.24 miMazenod Avenue, West Hampstead NW63
£2,99907/240.24 miMazenod Avenue, West Hampstead NW63
£95009/240.24 mi-3
£3,57507/240.24 miGoldhurst Terrace, South Hampstead, London3
£3,57507/240.24 miGoldhurst Terrace, South Hampstead, London3
£3,57506/240.24 miAbbey Road, St Johns Wood, NW83
£3,57507/240.24 miAbbey Road, St Johns Wood, NW83
£4,55006/240.24 miAbbey Road, St John's Wood, London, NW83
£2,90007/240.24 miPriory Road, South Hampstead NW63
£3,29806/240.25 miCleve Road, South Hampstead NW63
£3,57506/240.25 miAbbey Road, St John's Wood, London, NW83
£3,68308/240.25 miAberdare Gardens, South Hampstead, NW63
£3,48807/240.25 mi-3
£2,64306/240.25 miGreencroft Gardens, West Hampstead NW63
£2,60006/240.25 mi-3
£5,41708/240.27 miGoldhurst Terrace, South Hampstead, NW63

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

3.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £1,295,000

September 2, 2024

Floor Plans

Description

  • Brand New Refurb +
  • High Spec +
  • Three Double Bedrooms +
  • Large Open Plan Kitchen +
  • Garden +
  • Share of Freehold +

Nestled on the ground floor of a well-maintained victorian conversion, this elegant 1174 sq ft apartment offers a blend of modern and convenience. The property features a spacious eat-in open plan kitchen with state of the art appliances. A generously sized living room, and Three double bedrooms, including a Principle bedroom with an en-suite bathroom. The large principle bedroom provides a comfortable and private retreat. The property features a large garden to the rear with a garden room being built that can be used as a home office or gym.

Located in the highly sought-after area of West Hampstead, the apartment is surrounded by a vibrant community with a wide array of shops, cafes, and parks nearby, perfect for those who enjoy an active lifestyle. The area is also home to reputable schools, making it an excellent choice for families seeking quality education options.

The property benefits from excellent public transport links, with West Hampstead underground station (Jubilee Line) less than half a mile away, offering easy access to the rest of London.

Priory Terrace offers an exceptional opportunity for buyers seeking a comfortable residence in a prime location, combining the best of city living with a welcoming community atmosphere.

N.B - The garden room is currently under construction

Agent Details

Harding Green, St. John's Wood

020 3871 8663

Next Steps?

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