2 Bed Flat, Refurb/BRRR, London, W10 6JW, £1,200,000

St. Marks Road, London, UK, W10 6JW - 7 views - 7 months ago

Refurb/BRRR
Planning
~124 m²
+3 photos

ValuationFair Value

Sold Prices£300K - £9.7M
Sold Prices/m²£4K/m² - £26.8K/m²

 

 

Square Metres

~123.59 m²
Price/m²£9.7K/m²

Value Estimate

£1,212,000

 

 

End Value (After Refurb)

£1,639,605

Uplift in Value

+37%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£300,000

Stamp Duty & Legal Fees

£122,450

Refurb Costs

£65,256

Bridging Loan Interest

£31,500

Total Cash In

£520,956

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,639,605

Agent Fees (1%)

£16,396

Bridging Loan

£900,000

Bridging Loan Interest

£31,500

Flip Profit

£202,253

Local Sold Prices

50 sold prices from £300K to £9.7M, average is £787.5K. £4K/m² to £26.8K/m², average is £10.3K/m².

PriceDateDistanceAddressBeds 
£1.3M05/230.04 mi77a, St Marks Road, London, Greater London W10 6JT2
£440K02/210.09 mi68, Chesterton Road, London, Greater London W10 6EP2
£800K03/210.1 miFirst Floor Flat, 93, Cambridge Gardens, London, Greater London W10 6JE2
£640K12/220.11 mi35a, St Charles Square, London, Greater London W10 6EN2
£834K01/230.12 miGround Floor Flat West, 9, Bassett Road, London, Greater London W10 6LA2
£830K11/200.13 mi60b, Oxford Gardens, London, Greater London W10 5UN2
£830K11/200.13 mi60b, Oxford Gardens, London, Greater London W10 5UN2
£855K03/210.14 mi35, St Helens Gardens, London, Greater London W10 6LN2
£865K03/210.14 mi4b, Millwood Street, London, Greater London W10 6EH2
£695K02/230.16 mi4, St Andrews Square, London, Greater London W11 1RH2
£9.7M02/210.16 mi24, Bassett Road, London, Greater London W10 6JJ2
£645K12/230.19 mi32, Wesley Square, London, Greater London W11 1TS2
£595K03/210.19 mi19, Wesley Square, London, Greater London W11 1TP2
£3.3M06/210.19 mi182, Lancaster Road, London, Greater London W11 1QU2
£967.5K07/230.19 mi176c, Lancaster Road, London, Greater London W11 1QU2
£410K06/210.24 miFlat 40, Talbot Grove House, Lancaster West, London, Greater London W11 1SQ2
£823K10/200.27 miPart Of First Floor Flat, 22, Balliol Road, London, Greater London W10 6LX2
£855K12/210.28 mi34, Kelfield Gardens, London, Greater London W10 6NB2
£1.1M12/200.3 mi6a, Highlever Road, London, Greater London W10 6PS2
£775K07/230.3 miFirst And Second Floor Flat, 22, Highlever Road, London, Greater London W10 6PS2
£395K12/210.33 mi313, Hurstway Walk, London, Greater London W11 1WD2
£398.5K02/210.33 mi432, Barandon Walk, London, Greater London W11 1WJ2
£695K06/210.34 mi20, Oakworth Road, London, Greater London W10 6DQ2
£845K07/230.39 mi173, Bonchurch Road, London, Greater London W10 5NN2
£1.1M03/210.39 miBasement Flat, 84, Ladbroke Grove, London, Greater London W11 2HE2
£495K03/230.41 mi23, Orchard Close, London, Greater London W10 5RA2
£580K12/220.44 mi245, Tavistock Crescent, London, Greater London W11 1AE2
£1.6M06/210.44 miFlat 11, Crescent Mansions, Elgin Crescent, London, Greater London W11 2JN2
£300K11/230.45 mi53, Eynham Road, London, Greater London W12 0HB2
£1.5M08/210.45 mi55, Lancaster Road, London, Greater London W11 1QJ2
£575K03/230.45 mi24, Eynham Road, London, Greater London W12 0HA2
£617K06/210.46 mi44, St Ervans Road, London, Greater London W10 5QT2
£550K12/230.46 mi84, St Ervans Road, London, Greater London W10 5QT2
£610K01/210.46 mi76, St Ervans Road, London, Greater London W10 5QT2
£700K05/210.47 mi129, Elgin Crescent, London, Greater London W11 2JH2
£1.3M06/210.48 mi44a, Arundel Gardens, London, Greater London W11 2LB2
£400K06/210.48 miFlat 26, James House, Appleford Road, London, Greater London W10 5GF2
£491.6K06/210.49 mi125, St Ervans Road, London, Greater London W10 5QY2
£580K02/230.49 mi24a, Tavistock Crescent, London, Greater London W11 1AL2
£1.0M08/230.5 miFirst Floor Flat, 60, Tavistock Road, London, Greater London W11 1AW2
£1.2M09/210.51 miFlat C, 6, Arundel Gardens, London, Greater London W11 2LA2
£1.2M09/210.51 miFlat C, 6, Arundel Gardens, London, Greater London W11 2LA2
£2.5M02/210.54 mi14, St Lukes Mews, London, Greater London W11 1DF2
£1.2M05/210.55 mi23a, Ladbroke Gardens, London, Greater London W11 2PT2
£490K01/210.58 miFlat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX2
£1.3M02/210.59 mi26a, Powis Terrace, London, Greater London W11 1JH2
£550K11/200.6 mi38, Hunt Close, London, Greater London W11 4JU2
£515K03/230.6 mi27, Hunt Close, London, Greater London W11 4JU2
£560K01/230.6 mi31, Hunt Close, London, Greater London W11 4JU2
£925K11/230.61 miLower Ground Floor Flat, 24, Leamington Road Villas, London, Greater London W11 1HS2

Local Rents

50 rents from £2K/mo to £6.5K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£2,60010/240.03 miOxford Gardens, Ladbroke Grove, London, W102
£2,60010/240.04 miOxford Gardens, London, W102
£3,00010/240.08 miOxford Gardens, London, W102
£2,75010/240.08 miBassett Road, London, W102
£3,14212/240.09 mi-2
£3,46710/240.1 miChesterton Road, North Kensington, W102
£4,11710/240.1 miChesterton Road, North Kensington, W102
£2,50010/240.11 miCambridge Gardens, London, W102
£6,28310/240.12 miSt Charles Square, London, W102
£2,70010/240.13 miOxford Gardens, London, W102
£3,97503/250.14 mi-2
£3,50010/240.14 mi-2
£2,94710/240.16 miChesterton Road, Ladbroke Grove W102
£2,14510/240.16 miChesterton Road, Ladbroke Grove W102
£4,11710/240.18 miChesterton Road, North Kensington, W102
£2,25010/240.18 miSt. Charles Square, North Kensington, W102
£2,65003/250.19 mi-2
£2,60010/240.19 miWesley Square, London, W112
£3,44510/240.2 miSt Helens Gardens, London, W102
£6,50010/240.2 miWallingford Avenue, London, W102
£2,35004/250.21 mi-2
£2,14510/240.21 miLadbroke Grove, Ladbroke Grove W102
£2,99910/240.21 miSt. Quintin Avenue, London2
£5,70010/240.21 miLadbroke Grove, London, W102
£2,50010/240.25 miCambridge Gardens London W102
£4,50011/240.26 mi-2
£4,50011/240.26 mi-2
£4,50011/240.26 mi-2
£5,00001/250.26 mi-2
£1,99810/240.27 miSt. Lawrence Terrace, London2
£2,79910/240.27 miLadbroke Crescent, London, W112
£3,25010/240.28 miSt Lawrence Terrace, Ladbroke Grove, London, W102
£2,80010/240.29 miOxford Gardens, London, W102
£3,00002/240.29 mi-2
£3,79210/240.29 miCornwall Crescent, Notting Hill, W112
£2,38310/240.3 mi-2
£2,47002/250.3 mi-2
£1,99712/240.31 mi-2
£3,40010/240.32 miHewer Street, London, W102
£3,40010/240.32 miHewer Street, London, W102
£6,50004/250.32 mi-2
£2,68710/240.32 miLadbroke Grove, Ladbroke Grove, London, W112
£4,33310/240.33 mi-2
£4,33302/250.33 mi-2
£4,33303/250.33 mi-2
£2,86010/240.33 miLancaster Road, Ladbroke Grove w112
£3,25010/240.34 miLadbroke Grove, Ladbroke Grove W102
£3,25010/240.34 miLadbroke Grove, London, W102
£2,49610/240.34 miSt. Quintin Avenue, London2
£2,50010/240.35 miSt Quintin Avenue, North Kensington, London, W102

Local Area Statistics

Population in W10

33,638

Population in London

4,771,921

Town centre distance

4.76 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-13%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Price changed to £1,200,000

March 16, 2025

Listed for £1,300,000

September 20, 2024

Floor Plans

Description

A spacious two bedroom garden flat full of character, situated in a grand Victorian conversion that has potential to extend subject to planning permission.

The apartment comprises two large bedrooms, one bathroom (although plenty of space to add two) and an open-plan kitchen/living room that leads out onto a south west facing garden.

Although kept in good condition throughout the property could benefit from some modernisation in places and has potential to extend at the side (STPP.)

The property is located within walking distance of the vibrant Portobello Road and Golborne Road, offering a fantastic array of shops, restaurants and bars in addition to the famous market.

Ladbroke Grove Underground Station is within close proximity to the Circle and Hammersmith & City lines.

Agent Details

Druce, Ladbroke Grove

020 3376 6124

Next Steps?

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