2 Bed Flat, Single Let, London, NW10 5LR, £515,000

Pember Road, London NW10 5LR - 2 views - 6 months ago

BTL

~64 m²

+6 photos

ValuationUndervalued

Sold Prices	£240K - £1.6M
Sold Prices/m²	£3.2K/m² - £17.3K/m²

Square Metres	~63.92 m²
Price/m²	£8.1K/m²
Value Estimate	£624,974£624,974
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£128,750£128,750
Stamp Duty & Legal Fees	£29,900£29,900
Total Cash In	£158,650£158,650

Cash Out
Rent Range	£1,950 - £3,500£1,950 - £3,500
Rent Estimate	£1,998
Running Costs/mo	£2,029£2,029
Cashflow/mo	£-31£-31
Cashflow/yr	£-372£-372
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £240K to £1.6M, average is £600K. £3.2K/m² to £17.3K/m², average is £9.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£510K	06/21	0.04 mi	Ground Floor Flat, 40, Pember Road, London, Greater London NW10 5LS	£9,808	52	2	Flat
£377K	11/23	0.05 mi	29b, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£583.2K	05/21	0.06 mi	Ground Floor Flat, 55, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£400K	03/21	0.06 mi	Second Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE	-	-	2	Flat
£684K	12/22	0.08 mi	58, Pember Road, London, Greater London NW10 5LU	-	-	2	Flat
£600K	07/23	0.1 mi	Flat B, 13, Rainham Road, London, Greater London NW10 5DS	-	-	2	Flat
£430K	12/20	0.15 mi	Flat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA	-	-	2	Flat
£830K	11/20	0.15 mi	48, Oliphant Street, London, Greater London W10 4EG	£10,506	79	2	Flat
£515K	10/23	0.17 mi	Ground Floor Flat At, 31, Mortimer Road, London, Greater London NW10 5QR	-	-	2	Flat
£625K	02/23	0.19 mi	97a, Kilburn Lane, London, Greater London W10 4AN	£10,246	61	2	Flat
£240K	11/20	0.19 mi	54, Mortimer Road, London, Greater London NW10 5QN	£3,230	74	2	Flat
£482K	02/21	0.22 mi	123, Kilburn Lane, London, Greater London W10 4AN	£8,456	57	2	Flat
£547.5K	06/21	0.22 mi	95a, Kilburn Lane, London, Greater London W10 4AN	£9,747	56	2	Flat
£610K	06/23	0.24 mi	First Floor Flat, 225, Harvist Road, London, Greater London NW6 6HE	£9,456	65	2	Flat
£570K	06/21	0.24 mi	143, Mortimer Road, London, Greater London NW10 5TN	£9,564	60	2	Flat
£600K	01/23	0.24 mi	73b, Mortimer Road, London, Greater London NW10 5TN	-	-	2	Flat
£740K	02/21	0.24 mi	Lower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY	-	-	2	Flat
£750K	05/23	0.24 mi	Lower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY	-	-	2	Flat
£600K	11/20	0.25 mi	61l, Fifth Avenue, London, Greater London W10 4DL	-	-	2	Flat
£670K	06/21	0.25 mi	Ground Floor Flat, 43, Burrows Road, London, Greater London NW10 5SL	£11,754	57	2	Flat
£720K	04/23	0.25 mi	43a, Burrows Road, London, Greater London NW10 5SL	-	-	2	Flat
£620K	03/23	0.25 mi	29a, Burrows Road, London, Greater London NW10 5SL	-	-	2	Flat
£540K	10/23	0.26 mi	140b, Mortimer Road, London, Greater London NW10 5SN	-	-	2	Flat
£640K	09/21	0.31 mi	94a, Ashburnham Road, London, Greater London NW10 5SE	-	-	2	Flat
£710K	05/21	0.32 mi	Ground Floor Flat, 6, Burrows Road, London, Greater London NW10 5SG	£12,456	57	2	Flat
£621.5K	08/23	0.32 mi	61a, Burrows Road, London, Greater London NW10 5SJ	-	-	2	Flat
£690K	01/24	0.32 mi	103, Ground Floor Flat, Burrows Road, London, Greater London NW10 5SJ	£7,753	89	2	Flat
£590K	06/23	0.32 mi	169b, Harvist Road, London, Greater London NW6 6HB	-	-	2	Flat
£775K	11/23	0.32 mi	83, Marne Street, London, Greater London W10 4JF	£12,500	62	2	Flat
£780.5K	05/21	0.33 mi	Ground Floor Flat, 56, Keslake Road, London, Greater London NW6 6DG	£12,389	63	2	Flat
£500K	09/21	0.33 mi	201a, Kilburn Lane, London, Greater London W10 4AX	£9,434	53	2	Flat
£515K	03/21	0.33 mi	175, Kilburn Lane, London, Greater London W10 4AX	£6,776	76	2	Flat
£805K	01/21	0.34 mi	First Floor Flat, 30, Harvist Road, London, Greater London NW6 6SH	£10,455	77	2	Flat
£725K	05/23	0.35 mi	Flat B, 115, Purves Road, London, Greater London NW10 5TH	£17,262	42	2	Flat
£607K	12/21	0.35 mi	141a, Purves Road, London, Greater London NW10 5TH	-	-	2	Flat
£522.5K	08/21	0.36 mi	37b, Ashburnham Road, London, Greater London NW10 5SB	-	-	2	Flat
£575K	02/23	0.41 mi	Ground Floor Flat, 64, Clifford Gardens, London, Greater London NW10 5JD	£10,849	53	2	Flat
£650K	11/20	0.41 mi	125a, Clifford Gardens, London, Greater London NW10 5JG	-	-	2	Flat
£848.1K	09/23	0.43 mi	Ground Floor Flat, 18, Creighton Road, London, Greater London NW6 6ED	£11,015	77	2	Flat
£1.6M	01/21	0.45 mi	119, Harvist Road, London, Greater London NW6 6HA	-	-	2	Flat
£530K	06/21	0.45 mi	227, Kilburn Lane, London, Greater London W10 4BQ	£9,138	58	2	Flat
£520K	03/21	0.46 mi	100a, Purves Road, London, Greater London NW10 5TB	-	-	2	Flat
£672K	12/20	0.47 mi	132a, Chamberlayne Road, London, Greater London NW10 3JR	-	-	2	Flat
£558K	12/20	0.51 mi	47, Purves Road, London, Greater London NW10 5SY	£9,682	58	2	Flat
£558K	12/20	0.51 mi	47, Purves Road, London, Greater London NW10 5SY	£9,682	58	2	Flat
£558K	12/20	0.51 mi	47, Purves Road, London, Greater London NW10 5SY	£9,682	58	2	Flat
£900K	01/21	0.51 mi	54a, Wrentham Avenue, London, Greater London NW10 3HG	£11,401	79	2	Flat
£400K	06/21	0.51 mi	Flat 26, James House, Appleford Road, London, Greater London W10 5GF	-	-	2	Flat
£485K	12/22	0.53 mi	63, Bathurst Gardens, London, Greater London NW10 5JH	-	-	2	Flat
£480K	09/23	0.53 mi	85, Bathurst Gardens, London, Greater London NW10 5JH	-	-	2	Flat

Local Rents

50 rents from £1.9K/mo to £3.5K/mo, average is £2.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,998	06/24	0.05 mi	Warfield Road, Kensal Green	2	Flat
£2,000	06/24	0.05 mi	Wellington Road, Kensal Green, London, NW10	2	Flat
£2,200	06/24	0.05 mi	-	2	Flat
£1,998	10/24	0.08 mi	Kilburn Lane, North Kensington	2	Flat
£3,000	08/24	0.08 mi	Harrow Road, London, NW10	2	Semi-Detached House
£2,200	11/24	0.12 mi	-	2	Flat
£2,300	09/24	0.12 mi	Bayford Road, London, NW10	2	Flat
£2,058	06/24	0.12 mi	Bayford Road, Ladbroke Grove, London, NW10	2	Flat
£2,492	07/24	0.12 mi	-	2	Flat
£2,492	07/24	0.12 mi	Rainham Road, London, NW10	2	Flat
£3,100	02/25	0.12 mi	-	2	Terraced House
£2,496	10/24	0.13 mi	Banister Road, Kensal Rise	2	Flat
£2,600	10/24	0.13 mi	-	2	Flat
£3,500	10/24	0.14 mi	-	2	Flat
£3,400	12/24	0.14 mi	-	2	Flat
£2,650	04/25	0.14 mi	-	2	Flat
£2,200	04/25	0.15 mi	-	2	Flat
£2,199	11/24	0.15 mi	-	2	Flat
£3,250	10/24	0.16 mi	-	2	Flat
£2,995	10/24	0.16 mi	-	2	Flat
£2,800	12/24	0.16 mi	-	2	Flat
£2,100	06/24	0.16 mi	Wakeman Road, Kensal Green, London, NW10	2	Flat
£2,195	04/25	0.16 mi	-	2	Flat
£2,200	11/24	0.17 mi	-	2	Flat
£2,250	12/24	0.17 mi	-	2	Flat
£2,158	01/25	0.17 mi	-	2	Flat
£2,300	02/25	0.17 mi	-	2	Flat
£2,250	06/24	0.17 mi	Mortimer Road, London, NW10	2	Flat
£2,375	03/24	0.18 mi	Mortimer Road, Kensal Rise, London, NW10	2	Flat
£2,400	06/24	0.18 mi	-	2	Flat
£2,650	03/25	0.18 mi	-	2	Flat
£2,150	07/24	0.18 mi	Mortimer Road, Kensal Rise NW10	2	Flat
£2,150	06/24	0.19 mi	Mortimer Road, Kensal Rise, London	2	Flat
£2,200	10/24	0.19 mi	-	2	Flat
£2,150	10/24	0.19 mi	-	2	Flat
£2,492	06/24	0.19 mi	Wakeman Road, Kensal Rise	2	Flat
£1,998	08/24	0.19 mi	Mortimer Road, Kensal Rise	2	Flat
£2,400	04/25	0.2 mi	-	2	Flat
£2,250	10/24	0.21 mi	Aston Mews, 103 Kilburn Lane, London, W10	2	Flat
£1,950	10/24	0.22 mi	-	2	Flat
£1,995	12/24	0.22 mi	-	2	Flat
£2,500	10/24	0.22 mi	133 Kilburn Lane London W10	2	Flat
£2,350	04/25	0.23 mi	-	2	Flat
£2,000	06/24	0.23 mi	Chamberlayne Road, Kensal Rise, London, NW10	2	Flat
£2,250	03/25	0.23 mi	-	2	Flat
£2,750	06/24	0.24 mi	Harvist Road, London, NW6	2	Flat
£2,375	06/24	0.24 mi	Mortimer Road, London, NW10	2	Flat
£2,850	03/25	0.24 mi	-	2	Semi-Detached House
£3,000	10/24	0.25 mi	Oliphant Street, London, W10	2	Flat
£2,850	09/24	0.26 mi	Bolton Gardens, London, NW10	2	Flat

Local Area Statistics

Population in NW10	91,82091,820
Population in London	4,771,9214,771,921
Town centre distance	4.81 miles away4.81 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+8%+8%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £515,000

October 18, 2024

Floor Plans

Description

A lovely 2 bedroom apartment +
688 sq ft / 64 sq m +
First floor entry up to the second floor +
17' south facing reception room +
12' master bedroom with fitted storage +
A large separate kitchen +
3 piece modern bathroom +
Bright and spacious +
9 minute walk to Kensal Green tube station (Bakerloo line) +
Chain free +

We are delighted to present this beautifully appointed two bedroom apartment located on the second floor of a stunning Victorian conversion. Offering a blend of period charm and modern living, this property provides an ideal urban retreat.

The apartment features a spacious eat-in kitchen, perfect for entertaining, and a sleek modern bathroom. The bright and airy living space benefits from plenty of natural light, creating a warm and welcoming atmosphere. Both front-facing bedrooms offer peaceful, comfortable spaces to unwind.

One of the standout features of this property is its cleverly designed layout, ensuring no wasted space and maximizing every inch for optimal living. Additionally, the property comes with rights to the loft space, offering exciting potential to expand with an additional floor, subject to the necessary permissions.

Nestled on Pember Road, a quiet, tree-lined residential street, the apartment enjoys easy access to the vibrant amenities of Kensal Rise, including popular local spots like Parlor and Paradise. Both Kensal Rise and Kensal Green stations are within walking distance, providing excellent transport links.

Don't miss the opportunity to view this unique and versatile property—contact us today to arrange your private viewing.

EPC: Rating D, Council Tax: Brent band C

Agent Details

Parkheath, Kensal Rise

020 3974 1796

Next Steps?

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

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