2 Bed Flat, Single Let, London, NW7 2DN, £300,000

Rowlands Close, Mill Hill, NW7 2DN - 4 views - 7 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£275.5K - £675K
Sold Prices/m²£3K/m² - £7.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£369,000
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,500 - £3,000

Rent Estimate

£1,590

Running Costs/mo

£1,276

Cashflow/mo

£315

Cashflow/yr

£3,774

ROI

4%

Gross Yield

6%

Local Sold Prices

41 sold prices from £275.5K to £675K, average is £356.3K. £3K/m² to £7.7K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£295K12/200.05 mi40, Rowlands Close, London, Greater London NW7 2DN2
£344K03/210.05 mi68, Rowlands Close, London, Greater London NW7 2DN2
£344K01/210.05 mi61, Rowlands Close, London, Greater London NW7 2DN2
£295K08/230.05 mi41, Rowlands Close, London, Greater London NW7 2DN2
£435K11/210.11 mi1, Bloomsbury Close, London, Greater London NW7 2DT2
£510K08/230.17 mi4, Tithe Close, London, Greater London NW7 2QD2
£385K06/210.22 miFlat 23, Page Court, Page Street, London, Greater London NW7 2DY2
£390K04/230.27 miFlat 1, Sunrise View, The Rise, London, Greater London NW7 2LL2
£365K09/230.28 miFlat 14, Holland Court, Page Street, London, Greater London NW7 2DJ2
£568.5K11/230.56 mi5, Woodland Way, London, Greater London NW7 2JP2
£360K08/210.6 mi29, Wheatley Close, London, Greater London NW4 4LG2
£318K11/210.6 mi38, Wheatley Close, London, Greater London NW4 4LG2
£340K12/200.62 mi3, Storksmead Road, Edgware, Greater London HA8 0JW2
£322.5K01/230.63 mi101, Wheatley Close, London, Greater London NW4 4LF2
£390K09/220.63 mi12a, Milespit Hill, London, Greater London NW7 2PL2
£400K09/210.66 miFlat 3, Ashburnham Court, Daws Lane, London, Greater London NW7 4SH2
£350K12/200.67 miFlat 3, Milldene, Daws Lane, London, Greater London NW7 4SN2
£335K12/200.68 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£335K12/200.68 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£350K01/210.68 miFlat 8, Milldene, Daws Lane, London, Greater London NW7 4SN2
£356.3K06/210.7 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£434K08/230.7 miFlat 1, Byron Court, Byron Road, London, Greater London NW7 4AG2
£350K01/210.73 miFlat 8, Milldene, Daws Lane, London, Greater London NW7 4SN2
£310K10/230.74 miFlat 11, Buckingham Court, Watford Way, London, Greater London NW4 4TD2
£470K06/210.76 mi85a, The Broadway, London, Greater London NW7 3TG2
£382K01/210.76 mi10a, Langley Park, London, Greater London NW7 2AA2
£285K06/210.79 mi303, Watling Avenue, Edgware, Greater London HA8 0ND2
£275.5K10/210.79 mi293, Watling Avenue, Edgware, Greater London HA8 0ND2
£420K11/220.79 mi42a, Tennyson Road, London, Greater London NW7 4AS2
£375K06/210.8 mi32, Wilshaw Close, London, Greater London NW4 4TU2
£350K02/210.81 mi4c, Sunningfields Crescent, London, Greater London NW4 4RD2
£310K10/200.81 mi10, Wilshaw Close, London, Greater London NW4 4TU2
£360K11/220.81 mi15, Wilshaw Close, London, Greater London NW4 4TU2
£345K04/210.87 mi1a, Angus Gardens, London, Greater London NW9 5LG2
£290K08/230.9 miFlat 17, Curie Gardens, Pasteur Close, London, Greater London NW9 5JF2
£430K03/230.9 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£675K03/210.93 mi23, Hale Grove Gardens, London, Greater London NW7 3LR2
£420K06/210.95 mi20, Seaton Square, London, Greater London NW7 1GB2
£325K02/230.95 mi16, Seaton Square, London, Greater London NW7 1GB2
£535K06/210.98 mi5, Honiton Gardens, London, Greater London NW7 1GF2
£405K06/210.98 mi10, Honiton Gardens, London, Greater London NW7 1GF2

Local Rents

48 rents from £1.5K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,60006/240.03 miRowlands Close, Mill Hill2
£1,75004/250.05 mi-2
£1,75003/250.05 mi-2
£1,85006/240.05 miRowlands Close, Mill Hill, NW72
£1,85006/240.06 miRowlands Close, Mill Hill, NW72
£1,85007/240.06 miBurnham Close, Mill Hill, London, Greater London, NW72
£1,95006/240.07 miBurnham Close, Mill Hill, London, NW72
£1,85006/240.07 miAylesham Close, MIll Hill, NW72
£2,35007/240.08 miColenso Drive, Mill Hill, NW72
£2,40007/240.09 miBrancaster Drive, Mill Hill2
£1,90007/240.1 miColenso Drive, London, NW72
£1,95006/240.11 miColenso Drive, Mill Hill, NW72
£1,80007/240.11 miBloomsbury Close, Mill Hill, NW72
£1,51706/240.11 miBloomsbury Close, Mill Hill NW72
£1,85003/240.11 miBloomsbury Close, Mill Hill, NW72
£1,80008/240.11 miBloomsbury Close, Mill Hill, NW72
£2,20006/240.12 miColenso Drive, Mill Hill, NW72
£1,85001/250.14 mi-2
£1,50006/240.14 miBunns Lane, Mill Hill, NW72
£2,20008/240.14 mi81 Bunn's Lane,2
£1,70007/240.15 miShetland Court, Bressay Drive, Mill Hill, NW72
£1,85006/240.15 miTingwall Court, 3 Bressay Drive, Mill Hill, London, NW72
£1,85007/240.2 miPage Street, Mill Hill, NW72
£1,90008/240.21 miPage Street, Randall Court Page Street, NW72
£1,65010/240.26 mi-2
£1,55001/250.26 mi-2
£3,00011/240.26 mi-2
£2,35002/250.26 mi-2
£2,40003/250.26 mi-2
£2,35007/240.26 miCoxwell Boulevard, London2
£2,35008/240.26 miCoxwell Boulevard, Colindale, NW92
£2,35008/240.26 miCoxwell Boulevard, London, NW92
£2,35008/240.26 miCoxwell Boulevard, Mill Hill, London, NW92
£2,25010/240.26 mi-2
£1,85001/250.26 mi-2
£2,40009/240.27 mi-2
£2,25011/240.28 mi-2
£1,90006/240.3 miGilda Court, Watford Way, Mill Hill2
£1,60007/240.3 miGilda Court, Watford Way, London2
£1,85008/240.31 miCorner Mead, London, NW92
£1,95002/250.31 mi-2
£1,75008/240.34 mi-2
£1,75007/240.34 miLondon, London, NW42
£2,20003/250.34 mi-2
£1,72506/240.36 miField Mead, Mill Hill, NW72
£1,75007/240.36 mi-2
£1,75007/240.36 miRivington Crescent, London, NW72
£1,70003/250.37 mi-2

Local Area Statistics

Population in NW7

25,131

Population in London

4,771,921

Town centre distance

7.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Listed for £300,000

September 4, 2024

Floor Plans

Description

  • Leasehold Term 999 years from 08/09/1979 +
  • Entryphone +
  • Entrance Hall +
  • Living Room +
  • Kitchen +
  • Two Bedrooms +
  • Bathroom/WC +
  • Gas Central Heating +
  • Communal Gardens +
  • Reserved Parking +

Property Description

Purpose-built second floor flat buiily by Laing situated in this quiet close off Bunns Lane. This flat is situated within 0.8 miles of Mill Hill Broadway Station and shops. The 113 Bus route is within 0.4 miles of the flat providing access to Central London. The accommodation is arranged as follows

Agent Details

Chancellors, Finchley

020 3871 3815

Next Steps?

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