3 Bed Flat, Single Let, London, NW1 8RL, £500,000

Clarence Way, Camden, London, NW1 8RL - 6 views - 7 months ago

Leasehold

BTL

ROI: 6%

~81 m²

+4 photos

ValuationUndervalued

Sold Prices	£450K - £6.2M
Sold Prices/m²	£5.9K/m² - £27.3K/m²

Square Metres	~81.38 m²
Price/m²	£6.1K/m²
Value Estimate	£620,000£620,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£125,000£125,000
Stamp Duty & Legal Fees	£28,700£28,700
Total Cash In	£153,700£153,700

Cash Out
Rent Range	£2,700 - £5,417£2,700 - £5,417
Rent Estimate	£2,931
Running Costs/mo	£2,169£2,169
Cashflow/mo	£762£762
Cashflow/yr	£9,148£9,148
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £450K to £6.2M, average is £823.1K. £5.9K/m² to £27.3K/m², average is £9.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£620K	03/23	0.17 mi	Flat 11, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	3	Flat
£810K	06/23	0.18 mi	Top Floor Flat, 8, Bonny Street, London, Greater London NW1 9PG	-	-	3	Flat
£925K	12/20	0.22 mi	3b, Healey Street, London, Greater London NW1 8SR	£10,393	89	3	Flat
£550K	03/21	0.25 mi	Flat 46, Una House, Prince Of Wales Road, London, Greater London NW5 3LA	-	-	3	Flat
£490K	10/23	0.26 mi	Flat 27, Beauvale, Ferdinand Street, London, Greater London NW1 8EY	-	-	3	Flat
£565K	06/21	0.29 mi	Flat 18, Rugmere, Ferdinand Street, London, Greater London NW1 8HE	-	-	3	Flat
£594K	04/23	0.33 mi	38, Malden Crescent, London, Greater London NW1 8HD	£7,920	75	3	Flat
£935K	08/23	0.35 mi	32b, Gaisford Street, London, Greater London NW5 2ED	-	-	3	Flat
£740K	12/23	0.36 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
£1.3M	01/23	0.38 mi	33, Inkerman Road, London, Greater London NW5 3BT	£11,145	112	3	Flat
£895K	06/21	0.39 mi	76a, Gaisford Street, London, Greater London NW5 2EH	£8,861	101	3	Flat
£920K	07/23	0.39 mi	98b, Gaisford Street, London, Greater London NW5 2EH	£7,001	131	3	Flat
£1.3M	06/21	0.41 mi	123a, Gaisford Street, London, Greater London NW5 2EG	£11,535	114	3	Flat
£798K	07/23	0.41 mi	18a, Caversham Road, London, Greater London NW5 2DU	£11,239	71	3	Flat
£995K	06/21	0.41 mi	Flat 21, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG	-	-	3	Flat
£948.7K	09/21	0.43 mi	Flat 14, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG	-	-	3	Flat
£495K	04/21	0.47 mi	Flat 8, Thurnscoe, Pratt Street, London, Greater London NW1 0HD	-	-	3	Flat
£490K	06/21	0.49 mi	Flat 11, Hickleton, Camden Street, London, Greater London NW1 0HB	-	-	3	Flat
£700K	11/20	0.5 mi	31d, Regents Park Road, London, Greater London NW1 7TL	-	-	3	Flat
£465K	06/21	0.5 mi	Flat 2, Appleford, Islip Street, London, Greater London NW5 2UB	-	-	3	Flat
£490K	12/20	0.5 mi	Flat 13, Ravenscar, Bayham Street, London, Greater London NW1 0BS	-	-	3	Flat
£1.2M	03/21	0.52 mi	Basement And Ground Floor Maisonette, 50, Mornington Terrace, London, Greater London NW1 7RT	-	-	3	Flat
£450K	02/21	0.53 mi	Flat 130, Penshurst, Queens Crescent, London, Greater London NW5 3QJ	-	-	3	Flat
£550K	12/20	0.55 mi	Flat 36, Greatfield, Peckwater Street, London, Greater London NW5 2UE	-	-	3	Flat
£811.3K	11/23	0.56 mi	6a - 6c, Gillies Street, London, Greater London NW5 4DL	-	-	3	Flat
£2.1M	04/21	0.58 mi	The Maisonette, 47, Fitzroy Road, London, Greater London NW1 8TP	-	-	3	Flat
£2.0M	04/21	0.61 mi	168a, Regents Park Road, London, Greater London NW1 8XN	-	-	3	Flat
£685K	06/21	0.63 mi	63a, Agar Grove, London, Greater London NW1 9UE	£7,211	95	3	Flat
£650K	03/21	0.64 mi	Ground Floor, 31, Falkland Road, London, Greater London NW5 2PU	-	-	3	Flat
£1.0M	04/23	0.65 mi	First Floor Flat, 104, Regents Park Road, London, Greater London NW1 8UG	£12,232	83	3	Flat
£775K	12/22	0.65 mi	118a, Agar Grove, London, Greater London NW1 9TY	£8,516	91	3	Flat
£532K	04/23	0.67 mi	221, Weedington Road, London, Greater London NW5 4PQ	£5,911	90	3	Flat
£1.0M	12/22	0.67 mi	109a, Camden Mews, London, Greater London NW1 9AH	£10,450	100	3	Flat
£520K	11/23	0.68 mi	23, Wellesley Road, London, Greater London NW5 4PN	£6,842	76	3	Flat
£1.0M	12/22	0.69 mi	31a, Montpelier Grove, London, Greater London NW5 2XE	-	-	3	Flat
£2.0M	03/21	0.69 mi	54c, King Henrys Road, London, Greater London NW3 3RP	£13,889	144	3	Flat
£930K	12/20	0.69 mi	Flat A, 22, Mornington Crescent, London, Greater London NW1 7RG	-	-	3	Flat
£1.1M	09/21	0.71 mi	Flat A, 30, Montpelier Grove, London, Greater London NW5 2XE	-	-	3	Flat
£850K	07/23	0.71 mi	56a, Grafton Terrace, London, Greater London NW5 4HY	£8,673	98	3	Flat
£873.8K	08/21	0.71 mi	First And Second Floor Flat, 23, Dunollie Road, London, Greater London NW5 2XN	-	-	3	Flat
£888.9K	02/23	0.72 mi	144, Chalton Street, London, Greater London NW1 1NP	£10,159	88	3	Flat
£655K	03/21	0.73 mi	Flat 77, Primrose Hill Court, King Henrys Road, London, Greater London NW3 3QT	-	-	3	Flat
£1.0M	11/21	0.75 mi	First And Second Floor Flat, 8, Burghley Road, London, Greater London NW5 1UE	-	-	3	Flat
£460K	04/23	0.75 mi	24, Rowstock Gardens, London, Greater London N7 0BG	£6,092	76	3	Flat
£452K	02/23	0.78 mi	113, Kiln Place, London, Greater London NW5 4AN	£6,746	67	3	Flat
£835K	01/21	0.78 mi	5c, Ospringe Road, London, Greater London NW5 2JD	-	-	3	Flat
£6.2M	06/21	0.78 mi	22, Cumberland Terrace, London, Greater London NW1 4HP	-	-	3	Flat
£3.4M	03/21	0.78 mi	33, Cumberland Terrace, London, Greater London NW1 4HP	£27,318	124	3	Flat
£600K	05/23	0.8 mi	Flat 27, Johnson House, Cranleigh Street, London, Greater London NW1 1PH	-	-	3	Flat

Local Rents

49 rents from £2.7K/mo to £5.4K/mo, average is £3.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£3,000	12/24	0.02 mi	-	3	Flat
£3,100	12/24	0.06 mi	-	3	Flat
£5,417	06/24	0.08 mi	Jeffreys Street, Camden, London, NW1	3	Terraced House
£4,949	06/24	0.09 mi	Camden Street, Camden Town, London	3	Flat
£3,250	06/24	0.09 mi	Castlehaven Road, Camden NW1	3	Flat
£3,900	03/24	0.1 mi	Castle Road, Camden NW1	3	Flat
£2,950	12/24	0.13 mi	-	3	Flat
£2,950	06/24	0.13 mi	Royal College Street, London, NW1	3	Flat
£3,250	06/24	0.14 mi	Leybourne Street, Camden, NW1 8BX	3	Flat
£3,300	06/24	0.15 mi	Royal College Street, Camden NW1	3	Flat
£4,500	02/25	0.16 mi	-	3	Flat
£3,900	03/24	0.16 mi	Clarence Way, Camden NW1	3	Flat
£4,000	06/24	0.16 mi	Kelly Street, Camden NW1	3	Terraced House
£4,000	06/24	0.16 mi	Harmood Street, Camden, NW1	3	Terraced House
£4,500	06/24	0.17 mi	-	3	Terraced House
£4,500	06/24	0.17 mi	Bonny Street, London, NW1	3	Terraced House
£4,225	06/24	0.17 mi	Grand Union Walk Camden NW1	3	Flat
£3,925	03/25	0.18 mi	-	3	Flat
£3,925	03/25	0.18 mi	-	3	Flat
£2,700	06/24	0.18 mi	Kentish Town Road, London, NW1	3	Flat
£3,500	06/24	0.18 mi	Wilmot Place, Camden, NW1	3	Flat
£2,850	02/24	0.19 mi	-	3	Flat
£3,012	06/24	0.19 mi	Kentish Town Road, Camden, NW1	3	Flat
£3,400	12/24	0.2 mi	-	3	Flat
£3,925	12/24	0.2 mi	-	3	Flat
£3,925	12/24	0.2 mi	-	3	Flat
£3,925	12/24	0.2 mi	-	3	Flat
£3,925	02/25	0.2 mi	-	3	Flat
£3,500	12/24	0.2 mi	-	3	Terraced House
£3,500	06/24	0.21 mi	Camden Road, Camden, London, NW1	3	Flat
£4,550	06/24	0.21 mi	Regent Canalside, Camden Road, NW1	3	House
£4,550	06/24	0.21 mi	Camden Road, Camden Town, London, NW1	3	Flat
£4,250	02/25	0.21 mi	-	3	Flat
£3,700	06/24	0.22 mi	Camden Road, Camden, NW1	3	Flat
£2,925	03/24	0.23 mi	Camden High Street, Camden NW1	3	Flat
£3,250	09/24	0.23 mi	Una House, Prince of Wales Road, Kentish Town, NW5	3	Flat
£3,402	06/24	0.24 mi	Prince of Wales Road, Kentish Town, NW5	3	Flat
£3,358	07/24	0.24 mi	Prince of Wales Road, Kentish Town, NW5	3	Flat
£3,600	12/24	0.24 mi	-	3	Flat
£3,100	09/24	0.24 mi	Una House, Prince Of Wales Road, London	3	Flat
£3,600	06/24	0.24 mi	Barnes House, London, NW1	3	Flat
£3,750	06/24	0.24 mi	-	3	Flat
£3,142	08/24	0.24 mi	Prince Of Wales Road, Kentish Town, NW5	3	Flat
£4,250	12/24	0.24 mi	-	3	Flat
£3,000	06/24	0.24 mi	Rousden Street, Camden, London, NW1	3	Flat
£3,600	12/24	0.25 mi	-	3	Flat
£3,700	12/24	0.25 mi	-	3	Flat
£3,575	12/24	0.28 mi	-	3	Flat
£3,600	12/24	0.28 mi	-	3	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	1.91 miles away1.91 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.18 miles away0.18 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

Price changed to £500,000

January 19, 2025

Listed for £525,000

September 24, 2024

Floor Plans

Description

Fantastic 3 bedroom flat on the 1st floor +
3 well sized bedrooms +
Reception with balcony +
Separated kitchen +
Great location +

This great 3 bedroom flat located on the 1st floor features a large reception room with balcony, separated kitchen and 3 well sized bedrooms.

Located a short distance from Camden Town and Camden Road Station this is well connected and close to everything you need.

Please use the reference CHPK1019710 when contacting Foxtons.

Agent Details

Foxtons, Camden

020 3905 6887

Next Steps?

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

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