3 Bed Flat, Single Let, London, NW1 8EY, £575,000

Ferdinand Street, Chalk Farm, NW1 8EY - 2 views - 8 months ago

Leasehold

BTL

ROI: 4%

~93 m²

+5 photos

ValuationUndervalued

Sold Prices	£450K - £2.5M
Sold Prices/m²	£5.9K/m² - £31K/m²

Square Metres	~93 m²
Price/m²	£6.2K/m²
Value Estimate	£707,250£707,250
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£143,750£143,750
Stamp Duty & Legal Fees	£34,700£34,700
Total Cash In	£178,450£178,450

Cash Out
Rent Range	£2,750 - £18,417£2,750 - £18,417
Rent Estimate	£2,956
Running Costs/mo	£2,408£2,408
Cashflow/mo	£548£548
Cashflow/yr	£6,575£6,575
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £450K to £2.5M, average is £922.5K. £5.9K/m² to £31K/m², average is £10.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£490K	10/23	0 mi	Flat 27, Beauvale, Ferdinand Street, London, Greater London NW1 8EY	-	-	3	Flat
£565K	06/21	0.03 mi	Flat 18, Rugmere, Ferdinand Street, London, Greater London NW1 8HE	-	-	3	Flat
£594K	04/23	0.1 mi	38, Malden Crescent, London, Greater London NW1 8HD	£7,920	75	3	Flat
£925K	12/20	0.21 mi	3b, Healey Street, London, Greater London NW1 8SR	£10,393	89	3	Flat
£450K	02/21	0.27 mi	Flat 130, Penshurst, Queens Crescent, London, Greater London NW5 3QJ	-	-	3	Flat
£550K	03/21	0.31 mi	Flat 46, Una House, Prince Of Wales Road, London, Greater London NW5 3LA	-	-	3	Flat
£740K	12/23	0.33 mi	Upper Flat, 50, Willes Road, London, Greater London NW5 3DL	-	-	3	Flat
£1.0M	05/24	0.37 mi	13a, Oval Road, London, Greater London NW1 7EA	£11,404	89	3	Flat
£995K	06/21	0.38 mi	Flat 21, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG	-	-	3	Flat
£1.3M	01/23	0.39 mi	33, Inkerman Road, London, Greater London NW5 3BT	£11,145	112	3	Flat
£2.0M	04/21	0.39 mi	168a, Regents Park Road, London, Greater London NW1 8XN	-	-	3	Flat
£2.1M	04/21	0.4 mi	The Maisonette, 47, Fitzroy Road, London, Greater London NW1 8TP	-	-	3	Flat
£948.7K	09/21	0.42 mi	Flat 14, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG	-	-	3	Flat
£810K	06/23	0.43 mi	Top Floor Flat, 8, Bonny Street, London, Greater London NW1 9PG	-	-	3	Flat
£620K	03/23	0.43 mi	Flat 11, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	3	Flat
£2.0M	03/21	0.44 mi	54c, King Henrys Road, London, Greater London NW3 3RP	£13,889	144	3	Flat
£700K	11/20	0.44 mi	31d, Regents Park Road, London, Greater London NW1 7TL	-	-	3	Flat
£811.3K	11/23	0.45 mi	6a - 6c, Gillies Street, London, Greater London NW5 4DL	-	-	3	Flat
£1.0M	04/23	0.46 mi	First Floor Flat, 104, Regents Park Road, London, Greater London NW1 8UG	£12,232	83	3	Flat
£935K	08/23	0.47 mi	32b, Gaisford Street, London, Greater London NW5 2ED	-	-	3	Flat
£850K	07/23	0.49 mi	56a, Grafton Terrace, London, Greater London NW5 4HY	£8,673	98	3	Flat
£655K	03/21	0.49 mi	Flat 77, Primrose Hill Court, King Henrys Road, London, Greater London NW3 3QT	-	-	3	Flat
£520K	11/23	0.5 mi	23, Wellesley Road, London, Greater London NW5 4PN	£6,842	76	3	Flat
£532K	04/23	0.51 mi	221, Weedington Road, London, Greater London NW5 4PQ	£5,911	90	3	Flat
£798K	07/23	0.51 mi	18a, Caversham Road, London, Greater London NW5 2DU	£11,239	71	3	Flat
£920K	07/23	0.55 mi	98b, Gaisford Street, London, Greater London NW5 2EH	£7,001	131	3	Flat
£895K	06/21	0.56 mi	76a, Gaisford Street, London, Greater London NW5 2EH	£8,861	101	3	Flat
£1.3M	06/21	0.59 mi	123a, Gaisford Street, London, Greater London NW5 2EG	£11,535	114	3	Flat
£1.2M	03/21	0.6 mi	Basement And Ground Floor Maisonette, 50, Mornington Terrace, London, Greater London NW1 7RT	-	-	3	Flat
£1.4M	11/21	0.62 mi	Ground Floor Flat, 74, Belsize Park Gardens, London, Greater London NW3 4NG	-	-	3	Flat
£1.2M	11/20	0.63 mi	Flat 37, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU	-	-	3	Flat
£1.4M	12/20	0.63 mi	Flat 31, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU	-	-	3	Flat
£1.1M	01/21	0.63 mi	Flat 32, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU	-	-	3	Flat
£465K	06/21	0.63 mi	Flat 2, Appleford, Islip Street, London, Greater London NW5 2UB	-	-	3	Flat
£452K	02/23	0.64 mi	113, Kiln Place, London, Greater London NW5 4AN	£6,746	67	3	Flat
£2.5M	05/23	0.66 mi	66a, Belsize Park Gardens, London, Greater London NW3 4NE	-	-	3	Flat
£495K	04/21	0.67 mi	Flat 8, Thurnscoe, Pratt Street, London, Greater London NW1 0HD	-	-	3	Flat
£485K	01/21	0.68 mi	Flat 29, Ludham, Lismore Circus, London, Greater London NW5 4SE	-	-	3	Flat
£490K	12/20	0.68 mi	Flat 13, Ravenscar, Bayham Street, London, Greater London NW1 0BS	-	-	3	Flat
£550K	12/20	0.69 mi	Flat 36, Greatfield, Peckwater Street, London, Greater London NW5 2UE	-	-	3	Flat
£1.7M	03/23	0.69 mi	56a, Belsize Park Gardens, London, Greater London NW3 4ND	-	-	3	Flat
£490K	06/21	0.69 mi	Flat 11, Hickleton, Camden Street, London, Greater London NW1 0HB	-	-	3	Flat
£650K	03/21	0.7 mi	Ground Floor, 31, Falkland Road, London, Greater London NW5 2PU	-	-	3	Flat
£1.1M	02/23	0.72 mi	Basement Flat, 99, King Henrys Road, London, Greater London NW3 3QX	-	-	3	Flat
£1.4M	01/23	0.73 mi	66d, Fellows Road, London, Greater London NW3 3LJ	-	-	3	Flat
£1.0M	11/21	0.76 mi	First And Second Floor Flat, 8, Burghley Road, London, Greater London NW5 1UE	-	-	3	Flat
£1.4M	03/21	0.76 mi	Flat 10, Manor Mansions, Belsize Grove, London, Greater London NW3 4NB	-	-	3	Flat
£1.7M	05/21	0.78 mi	Flat B, 23, Howitt Road, London, Greater London NW3 4LT	£9,827	173	3	Flat
£1.2M	04/23	0.78 mi	Ground Floor Flat, 51, Howitt Road, London, Greater London NW3 4LU	£31,026	39	3	Flat
£1.0M	12/22	0.79 mi	31a, Montpelier Grove, London, Greater London NW5 2XE	-	-	3	Flat

Local Rents

50 rents from £2.8K/mo to £18.4K/mo, average is £3.9K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,600	12/24	0.04 mi	-	3	Flat
£3,700	12/24	0.05 mi	-	3	Flat
£8,450	06/24	0.06 mi	Ferdinand Street, Camden, NW1	3	Flat
£3,900	12/24	0.06 mi	-	3	Flat
£4,267	03/25	0.06 mi	-	3	Flat
£4,247	03/25	0.06 mi	-	3	Flat
£3,900	04/25	0.06 mi	-	3	Flat
£4,250	12/24	0.07 mi	-	3	Flat
£18,417	06/24	0.07 mi	Chappell Lofts, Belmont Street, Camden, NW1	3	Flat
£13,000	06/24	0.07 mi	Chapel Lofts, Belmont Street, Camden, NW1	3	Flat
£15,167	06/24	0.07 mi	Chapel Lofts, Belmont Street, Camden, NW1	3	Flat
£14,950	06/24	0.07 mi	Chappell Lofts, Belmont Street, Chalk Farm, London, NW1	3	Flat
£14,712	06/24	0.07 mi	Chappell Lofts, Belmont Street, London, NW1	3	Flat
£18,417	06/24	0.09 mi	Belmont Street, London	3	Flat
£18,417	06/24	0.09 mi	Belmont Street, London	3	Flat
£12,000	06/24	0.09 mi	Chappel Lofts, Belmont Street, London, NW1	3	Flat
£13,000	06/24	0.09 mi	Belmont Street, Camden Chalk Farm, London	3	Flat
£15,167	06/24	0.09 mi	Chappell Lofts, 10a Belmont Street, Camden, NW1	3	Flat
£14,950	06/24	0.09 mi	Belmont Street, Camden, NW1	3	Flat
£14,950	06/24	0.09 mi	Chappell Lofts, Belmont Street, Camden, London, NW1	3	Flat
£14,950	06/24	0.09 mi	Chappell Lofts, Belmont Street, Camden, London, NW1	3	Flat
£3,900	03/24	0.1 mi	Clarence Way, Camden NW1	3	Flat
£3,000	03/25	0.11 mi	-	3	Flat
£3,000	04/25	0.11 mi	-	3	Flat
£4,000	06/24	0.11 mi	Harmood Street, Camden, NW1	3	Terraced House
£2,750	03/25	0.12 mi	-	3	Flat
£3,400	09/24	0.12 mi	-	3	Flat
£3,400	09/24	0.12 mi	-	3	Flat
£3,300	09/24	0.12 mi	-	3	Flat
£3,250	12/24	0.12 mi	-	3	Flat
£3,850	06/24	0.13 mi	Mutton Place, Kentish Town, NW1	3	Terraced House
£4,900	06/24	0.16 mi	St Leonard's Square, London, NW5	3	Terraced House
£4,900	06/24	0.16 mi	-	3	Terraced House
£4,900	04/25	0.16 mi	-	3	Terraced House
£3,600	12/24	0.17 mi	-	3	Flat
£4,500	02/25	0.18 mi	-	3	Flat
£3,250	06/24	0.2 mi	Leybourne Street, Camden, NW1 8BX	3	Flat
£3,100	12/24	0.21 mi	-	3	Flat
£3,300	12/24	0.21 mi	-	3	Flat
£2,950	06/24	0.22 mi	-	3	Flat
£3,250	06/24	0.22 mi	Castlehaven Road, Camden NW1	3	Flat
£3,500	12/24	0.22 mi	-	3	Terraced House
£3,500	03/25	0.24 mi	-	3	Flat
£3,900	03/24	0.24 mi	Castle Road, Camden NW1	3	Flat
£2,850	02/24	0.24 mi	-	3	Flat
£2,820	08/24	0.25 mi	-	3	Flat
£5,200	02/24	0.25 mi	-	3	Flat
£3,000	12/24	0.26 mi	-	3	Flat
£10,000	06/24	0.26 mi	Whittlebury Mews, Primrose Hill, NW1	3	Flat
£3,750	06/24	0.26 mi	Adelaide Road, London, NW3	3	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	2.16 miles away2.16 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.20 miles away0.20 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-4%-4%

Property History

Listed for £575,000

September 3, 2024

Sold for £360,000

2012

Sold for £161,500

2006

Sold for £185,000

2002

Floor Plans

Description

Very Spacious Three Bedroom Apartment

Modern Fitted Kitchen +
Set on the Third Floor

Balcony

Purpose Built Block

Bathroom, Separate WC

Lift

Located Within Easy Reach Of Chalk Farm, Kentish Town, Kentish Town West Stations And An Array Of Shops And Eateries +

A particularly spacious three bedroom apartment set on the third floor of this purpose-built block. The accommodation includes a wonderful reception room, a modern fitted kitchen, three well-proportioned bedrooms, bathroom and separate wc.
Located within easy reach of Chalk Farm, Kentish Town, Kentish Town West stations and an array of shops and eateries.

Please note: The seller is in the process of applying for consent regarding certain works to ensure compliance with current building regulations. Documents now confirm that approval to install the fire door have been granted- please discuss with us for further information.

Agents Note: We understand from the seller that the property has a remaining lease of approximately 101 years, however, we are awaiting confirmation of this from them . We are also awaiting information from the seller regarding any ground rent and services charges. Please note - this is a draft advert/ brochure awaiting the seller's approval.

Agent Details

Olivers Town, Kentish Town - Sales

020 3879 5571

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed Flat, Single Let, London, NW1 8DY

£500,000

1 views • 3 months ago • 50 m²

2 Bed Flat, Single Let, London, NW1 8AN

£625,000

4 months ago • 68 m²

4 Bed House, Single Let, London, NW1 8HH

£2,650,000

3 months ago • 129 m²

4 Bed House, Single Let, London, NW1 8HH

£2,350,000

3 months ago • 129 m²

3 Bed Flat, Single Let, London, NW1 8EY, £575,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

3 Bed Flat, Single Let, London, NW1 8DY

2 Bed Flat, Single Let, London, NW1 8AN

4 Bed House, Single Let, London, NW1 8HH

4 Bed House, Single Let, London, NW1 8HH

Cashflows

Local Sold Prices

Local Rents