3 Bed Flat, Single Let, London, W5 3ER, £450,000

Hanger Green, Hanger Hill, London, W5 3ER - 6 months ago

BTL

ROI: 2%

~86 m²

+5 photos

ValuationUndervalued

Sold Prices	£350K - £1.1M
Sold Prices/m²	£6.6K/m² - £9.3K/m²

Square Metres	~85.84 m²
Price/m²	£5.2K/m²
Value Estimate	£558,000£558,000
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£148,700£148,700

Cash Out
Rent Range	£2,150 - £4,400£2,150 - £4,400
Rent Estimate	£2,162
Running Costs/mo	£1,859£1,859
Cashflow/mo	£303£303
Cashflow/yr	£3,640£3,640
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

21 sold prices from £350K to £1.1M, average is £560K. £6.6K/m² to £9.3K/m², average is £7.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.1M	06/21	0.18 mi	66, Ashbourne Road, London, Greater London W5 3DJ	£9,298	121	3	Flat
£1.1M	06/21	0.18 mi	66, Ashbourne Road, London, Greater London W5 3DJ	£9,298	121	3	Flat
£510K	03/21	0.38 mi	Flat 122, Falcondale Court, Lakeside Drive, London, Greater London NW10 7FT	-	-	3	Flat
£500K	03/21	0.38 mi	Flat 94, Falcondale Court, Lakeside Drive, London, Greater London NW10 7FS	-	-	3	Flat
£540K	12/20	0.41 mi	Flat 30, Ayr Court, Monks Drive, London, Greater London W3 0EA	-	-	3	Flat
£540K	04/23	0.58 mi	Flat 4, Hereford House, Queens Drive, London, Greater London W3 0HX	-	-	3	Flat
£577K	01/21	0.6 mi	Flat 10, Thanet Court, Queens Drive, London, Greater London W3 0HW	-	-	3	Flat
£562.5K	11/20	0.65 mi	Flat 23, Rutland Court, Queens Drive, London, Greater London W3 0HL	-	-	3	Flat
£510K	10/20	0.76 mi	120, Ealing Village, London, Greater London W5 2EB	£7,612	67	3	Flat
£812.5K	02/23	0.77 mi	Flat B, 9, Park Hill, London, Greater London W5 2JS	-	-	3	Flat
£540K	11/23	0.79 mi	79, Ealing Village, London, Greater London W5 2EA	£6,585	82	3	Flat
£560K	01/21	0.84 mi	48, Ealing Village, London, Greater London W5 2LZ	£7,000	80	3	Flat
£575K	04/23	0.86 mi	16b, Inglis Road, London, Greater London W5 3RN	-	-	3	Flat
£350K	06/21	0.86 mi	2, Ealing Village, London, Greater London W5 2LY	-	-	3	Flat
£500K	06/23	0.86 mi	15, Ealing Village, London, Greater London W5 2LY	£7,813	64	3	Flat
£620K	03/23	0.93 mi	Flat 22, Hamilton Court, Hamilton Road, London, Greater London W5 2EJ	-	-	3	Flat
£500K	01/21	0.93 mi	178, Creffield Road, London, Greater London W3 9PX	£7,143	70	3	Flat
£640K	11/20	0.93 mi	Flat 22, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat
£535K	12/20	0.93 mi	Flat 11, Thorpe Hall Mansions, Eaton Rise, London, Greater London W5 2HB	-	-	3	Flat
£720K	03/21	0.93 mi	Flat 25, Montpelier Court, Montpelier Road, London, Greater London W5 2QN	-	-	3	Flat
£650K	12/20	0.98 mi	Flat 17, Welsby Court, Eaton Rise, London, Greater London W5 2EX	-	-	3	Flat

Local Rents

27 rents from £2.1K/mo to £4.4K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,795	07/24	0.23 mi	Baronet House, London, NW10	3	Flat
£2,817	09/24	0.23 mi	Lake Side Drive, Park Royal, NW10	3	Flat
£2,700	07/24	0.28 mi	Lakeside Drive, Park Royal, London	3	Flat
£2,150	10/24	0.28 mi	Hanger Lane, Hanger Hill, London, W5	3	Flat
£2,600	10/24	0.31 mi	Hanger Lane, London, W5 1EW	3	Flat
£2,717	07/24	0.31 mi	Viscount House, Regency Heights, NW10	3	Flat
£3,000	01/25	0.34 mi	-	3	Flat
£2,900	07/24	0.34 mi	7 Lakeside Drive, Park Royal, NW10	3	Flat
£2,800	06/24	0.35 mi	Abbotsford Court, Lakeside Drive, NW10	3	Flat
£2,500	10/24	0.38 mi	Hillcrest Road, London, W5	3	Flat
£2,474	07/24	0.39 mi	Lakeside Drive, Ealing	3	Flat
£2,650	08/24	0.39 mi	Falcondale court, London, NW10	3	Flat
£2,687	08/24	0.39 mi	Lakeside Drive, North Acton, NW10 7FS – 3 Bedrooms Flat	3	Flat
£2,747	06/24	0.41 mi	Lakeside Drive, Acton	3	Flat
£2,400	10/24	0.46 mi	Chester Court, Monks Drive, West Acton	3	Flat
£2,400	10/24	0.46 mi	Flat , Chester Court, Monks Drive, London	3	Flat
£2,500	07/24	0.48 mi	Indigo House, Lapis Close, London, NW10	3	Flat
£2,150	12/24	0.5 mi	-	3	Terraced House
£2,500	01/25	0.54 mi	-	3	Semi-Detached House
£3,400	03/25	0.54 mi	-	3	Semi-Detached House
£4,400	10/24	0.56 mi	-	3	Flat
£4,400	10/24	0.56 mi	Saxon Drive, London, W3	3	Flat
£3,500	03/25	0.57 mi	-	3	Detached House
£2,197	07/24	0.57 mi	Waverley Gardens, Hanger Lane, NW10 7EE	3	Terraced House
£2,700	06/24	0.58 mi	Moyne Place London NW10	3	Flat
£3,000	10/24	0.58 mi	Deena Close, Acton, W3 0HR	3	Flat
£2,495	10/24	0.58 mi	-	3	Flat

Local Area Statistics

Population in W5	49,95249,952
Population in London	4,771,9214,771,921
Town centre distance	7.74 miles away7.74 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.08 miles away0.08 miles away

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

Property History

Price changed to £450,000

March 16, 2025

Listed for £535,000

September 25, 2024

Floor Plans

Description

Spacious three bedroom flat +
Bright reception room with bay window +
Contemporary kitchen with integrated appliances +
Good-sized master bedroom with fitted wardrobes +
Two further bedrooms +
Modern bathroom with separate WC +
Communal Garden +
Garage +

This light and airy three bedroom flat has been recently refurbished to a high standard throughout and benefits from off-street parking and communal gardens.

Situated close to local shops, bars and amenities in Park Royal and for the motorist the nearby A406 and A40 (M) offer quick and convenient access to routes out of London.

Please use the reference CHPK2234983 when contacting Foxtons.

Agent Details

Foxtons, Ealing

020 3909 9640

Next Steps?

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

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