2 Bed Flat, Single Let, London, NW1 3LG, £450,000

Munster Square, London, NW1 3LG - 3 views - 8 months ago

Leasehold

BTL

ROI: 5%

~68 m²

+3 photos

ValuationUndervalued

Sold Prices	£360K - £2.6M
Sold Prices/m²	£7.6K/m² - £24.1K/m²

Square Metres	~68.11 m²
Price/m²	£6.6K/m²
Value Estimate	£558,000£558,000
BMV	24%

Cashflows

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Local Sold Prices

51 sold prices from £360K to £2.6M, average is £686K. £7.6K/m² to £24.1K/m², average is £12.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£387K	01/21	0.06 mi	Flat 44, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£395K	11/21	0.06 mi	Flat 35, Bucklebury, Stanhope Street, London, Greater London NW1 3LB	-	-	2	Flat
£515K	04/21	0.06 mi	155, Stanhope Street, London, Greater London NW1 3LR	£7,574	68	2	Flat
£425K	02/21	0.08 mi	Flat 29, Swallowfield, Munster Square, London, Greater London NW1 3PJ	-	-	2	Flat
£445K	04/21	0.11 mi	Flat 16, Patterdale, Osnaburgh Street, London, Greater London NW1 3QJ	-	-	2	Flat
£520K	03/23	0.11 mi	Flat 7, Patterdale, Osnaburgh Street, London, Greater London NW1 3QJ	-	-	2	Flat
£1.0M	04/23	0.11 mi	71c, Albany Street, London, Greater London NW1 4BT	-	-	2	Flat
£600K	05/23	0.18 mi	217a, North Gower Street, London, Greater London NW1 2NR	£9,023	67	2	Flat
£512K	12/20	0.21 mi	19b, Tolmers Square, London, Greater London NW1 2PE	-	-	2	Flat
£405K	03/21	0.23 mi	Flat 39, Cartmel, Hampstead Road, London, Greater London NW1 3SH	-	-	2	Flat
£645K	10/20	0.25 mi	Basement Flat, 22, Conway Street, London, Greater London W1T 6BF	-	-	2	Flat
£690K	01/23	0.37 mi	263a, Hampstead Road, London, Greater London NW1 3EA	£9,062	76	2	Flat
£488.5K	09/21	0.47 mi	Flat 29, Oakshott Court, Polygon Road, London, Greater London NW1 1ST	-	-	2	Flat
£750K	03/21	0.48 mi	13a, Mornington Terrace, London, Greater London NW1 7RR	-	-	2	Flat
£470K	02/23	0.48 mi	Flat 21, Mayford, Oakley Square, London, Greater London NW1 1NX	-	-	2	Flat
£1.6M	03/23	0.49 mi	Flat F, 30, Devonshire Place, London, Greater London W1G 6JH	£20,370	81	2	Flat
£615K	06/21	0.5 mi	13c, Albert Street, London, Greater London NW1 7LU	-	-	2	Flat
£1.3M	10/22	0.51 mi	Flat A, 99, Devonshire Mews South, London, Greater London W1G 6QR	£17,708	72	2	Flat
£658.4K	09/23	0.51 mi	Flat 29, Winston House, Endsleigh Street, London, Greater London WC1H 0EA	-	-	2	Flat
£1.5M	11/20	0.52 mi	41, Weymouth Mews, London, Greater London W1G 7EG	£16,304	92	2	Flat
£475K	09/23	0.52 mi	Flat 79, Mayford, Oakley Square, London, Greater London NW1 1NY	-	-	2	Flat
£700K	01/21	0.53 mi	31d, Arlington Road, London, Greater London NW1 7ER	-	-	2	Flat
£725K	01/21	0.54 mi	67, Ridgmount Gardens, London, Greater London WC1E 7AX	£13,679	53	2	Flat
£900K	06/21	0.55 mi	57, Ridgmount Gardens, London, Greater London WC1E 7AU	£11,688	77	2	Flat
£1.1M	12/23	0.55 mi	63, Ridgmount Gardens, London, Greater London WC1E 7AU	£12,626	90	2	Flat
£900K	06/21	0.55 mi	57, Ridgmount Gardens, London, Greater London WC1E 7AU	£11,688	77	2	Flat
£812.5K	02/22	0.55 mi	84a, Ridgmount Gardens, London, Greater London WC1E 7AY	£10,980	74	2	Flat
£610K	09/21	0.56 mi	41a, Ridgmount Gardens, London, Greater London WC1E 7AT	£11,091	55	2	Flat
£610K	09/21	0.56 mi	41a, Ridgmount Gardens, London, Greater London WC1E 7AT	£11,091	55	2	Flat
£360K	12/20	0.56 mi	Flat 135, Mayford, Oakley Square, London, Greater London NW1 1PA	-	-	2	Flat
£700K	12/22	0.56 mi	30a, Ridgmount Gardens, London, Greater London WC1E 7AS	£10,281	68	2	Flat
£1.6M	02/23	0.57 mi	Flat C, Regis House, 49, Beaumont Street, London, Greater London W1G 6DN	£20,192	78	2	Flat
£1.1M	05/23	0.59 mi	10, Ridgmount Gardens, London, Greater London WC1E 7AP	£14,931	72	2	Flat
£635K	05/21	0.6 mi	63a, Arlington Road, London, Greater London NW1 7ES	-	-	2	Flat
£800K	10/23	0.61 mi	7, Charrington Street, London, Greater London NW1 1RS	£11,494	70	2	Flat
£430K	09/21	0.61 mi	Flat 23, Phoenix Court, Purchese Street, London, Greater London NW1 1EL	-	-	2	Flat
£415K	06/21	0.61 mi	Flat 23, Flaxman Court, Flaxman Terrace, London, Greater London WC1H 9AR	-	-	2	Flat
£415K	06/21	0.61 mi	Flat 23, Flaxman Court, Flaxman Terrace, London, Greater London WC1H 9AR	-	-	2	Flat
£897.5K	12/20	0.61 mi	51a, Mornington Terrace, London, Greater London NW1 7RT	-	-	2	Flat
£410K	07/23	0.62 mi	Flat 22, Foxfield, Arlington Road, London, Greater London NW1 7LD	-	-	2	Flat
£415K	08/21	0.62 mi	Flat 69, Fairfield, Arlington Road, London, Greater London NW1 7LE	-	-	2	Flat
£2.4M	12/22	0.63 mi	21a, Harley Place, London, Greater London W1G 8LZ	£22,170	106	2	Flat
£1.9M	02/23	0.64 mi	17, De Walden Street, London, Greater London W1G 8RW	£20,526	95	2	Flat
£1.2M	06/21	0.64 mi	Flat 15, Carisbrooke Court, Weymouth Street, London, Greater London W1G 8NZ	-	-	2	Flat
£940K	03/23	0.65 mi	Flat 12, Maybury Court, Marylebone Street, London, Greater London W1G 8JE	-	-	2	Flat
£2.6M	08/22	0.65 mi	2, Wheatley Street, London, Greater London W1G 8PS	£24,110	109	2	Flat
£686K	01/21	0.66 mi	148, Chalton Street, London, Greater London NW1 1NP	£8,575	80	2	Flat
£485K	11/20	0.67 mi	Flat 10, Ravenscar, Bayham Street, London, Greater London NW1 0BS	-	-	2	Flat
£1.7M	11/22	0.67 mi	2, De Walden Street, London, Greater London W1G 8RJ	£17,092	98	2	Flat
£730K	12/20	0.68 mi	Flat 2, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat
£960K	12/20	0.68 mi	Flat 8, Newcastle House, Luxborough Street, London, Greater London W1U 5BR	-	-	2	Flat

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Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	1.57 miles away1.57 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.25 miles away0.25 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 £450,000

September 6, 2024

Floor Plans

Description

Two double bedrooms +
Private balcony +
683sqft approx. +
Central London location +

This large and well-proportioned, two-bedroom apartment is situated on the fourth floor of a purpose built block. The apartment comprises a spacious, separate reception room with direct access to a great sized, private balcony, a separate eat-in kitchen with ample cupboard and utility space, two double bedrooms with built-in storage space and a bathroom with separate WC. The building is serviced by lift access and a secure entry system.

This apartment is ideal for home buyers, and investors alike. The property has potential to generate an attractive rental income and strong yield due to its proximity to Euston, UCL and Central London.

Munster Square is an ideal location for accessing central London, and benefits from the green spaces of Regent's Park and Primrose Hill a short walk away. The amenities of Marylebone and the West End are also within walking distance.

There are plenty of transport links nearby, including London Euston (Northern Line, Victoria Line and Euston Mainline), Warren Street (Northern Line and Victoria Line), Regent's Park Station (Bakerloo Line), Mornington Crescent (Northern Line) and Camden Town (Northern Line), making everywhere in London very accessible.

Agent Details

Marsh & Parsons, Camden Town & Tufnell Park

020 7244 2200

Next Steps?

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

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