2 Bed Flat, Single Let, London, W11 1BD, £500,000

199 Westbourne Grove Notting Hill London, W11 2SB - 4 views - 6 months ago

Leasehold

BTL

ROI: 2%

37 m²

+5 photos

ValuationOvervalued

Sold Prices	£315K - £3.9M
Sold Prices/m²	£5.9K/m² - £27.6K/m²

Square Metres	37 m²
Price/m²	£13.5K/m²
Value Estimate	£405,500£405,500

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	£1,998 - £7,000£1,998 - £7,000
Rent Estimate	£2,300
Running Costs/mo	£2,043£2,043
Cashflow/mo	£258£258
Cashflow/yr	£3,090£3,090
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

51 sold prices from £315K to £3.9M, average is £617K. £5.9K/m² to £27.6K/m², average is £11K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£510K	03/23	0.06 mi	132, Great Western Road, London, Greater London W11 1AF	£6,800	75	2	Flat
£315K	07/23	0.06 mi	19a, Aldridge Road Villas, London, Greater London W11 1BN	£10,500	30	2	Flat
£315K	07/23	0.06 mi	19a, Aldridge Road Villas, London, Greater London W11 1BN	£10,500	30	2	Flat
£925K	11/23	0.09 mi	Lower Ground Floor Flat, 24, Leamington Road Villas, London, Greater London W11 1HS	-	-	2	Flat
£550K	09/23	0.1 mi	Basement Flat, 12a, Shrewsbury Road, London, Greater London W2 5PR	-	-	2	Flat
£1.3M	02/21	0.16 mi	26a, Powis Terrace, London, Greater London W11 1JH	£11,682	110	2	Flat
£2.5M	02/21	0.17 mi	14, St Lukes Mews, London, Greater London W11 1DF	£26,836	93	2	Flat
£1.0M	08/23	0.19 mi	First Floor Flat, 60, Tavistock Road, London, Greater London W11 1AW	£18,545	55	2	Flat
£2.2M	12/23	0.21 mi	84c, Ledbury Road, London, Greater London W11 2AH	£21,881	101	2	Flat
£632K	05/21	0.21 mi	Ground Floor Flat, 21, Moorhouse Road, London, Greater London W2 5DH	£12,898	49	2	Flat
£580K	02/23	0.21 mi	24a, Tavistock Crescent, London, Greater London W11 1AL	£8,273	70	2	Flat
£910K	12/22	0.22 mi	79, Powis Square, London, Greater London W11 2BN	£15,167	60	2	Flat
£875K	03/21	0.22 mi	Flat A, 41, Colville Terrace, London, Greater London W11 2BX	-	-	2	Flat
£735K	09/23	0.23 mi	67, Powis Square, London, Greater London W11 2BN	£11,667	63	2	Flat
£555K	11/20	0.25 mi	Flat 1, Larch Court, Admiral Walk, London, Greater London W9 3UA	-	-	2	Flat
£580K	12/22	0.25 mi	245, Tavistock Crescent, London, Greater London W11 1AE	£7,532	77	2	Flat
£1.5M	08/21	0.26 mi	55, Lancaster Road, London, Greater London W11 1QJ	£14,522	102	2	Flat
£3.9M	04/21	0.27 mi	2, Artesian Road, London, Greater London W2 5AP	£27,566	141	2	Flat
£545K	07/21	0.29 mi	Flat 24, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ	-	-	2	Flat
£525K	09/23	0.29 mi	Flat 16, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ	-	-	2	Flat
£555K	09/21	0.29 mi	Flat 29, Hunter Lodge, Admiral Walk, London, Greater London W9 3TQ	-	-	2	Flat
£540K	06/21	0.3 mi	Flat 37, Swallow Court, Admiral Walk, London, Greater London W9 3TX	-	-	2	Flat
£775K	03/21	0.32 mi	66c, Hereford Road, London, Greater London W2 5AJ	-	-	2	Flat
£495K	03/23	0.37 mi	23, Orchard Close, London, Greater London W10 5RA	-	-	2	Flat
£610K	01/21	0.37 mi	76, St Ervans Road, London, Greater London W10 5QT	£7,531	81	2	Flat
£617K	06/21	0.37 mi	44, St Ervans Road, London, Greater London W10 5QT	£7,408	83	2	Flat
£550K	12/23	0.37 mi	84, St Ervans Road, London, Greater London W10 5QT	£6,627	83	2	Flat
£491.6K	06/21	0.39 mi	125, St Ervans Road, London, Greater London W10 5QY	£6,904	71	2	Flat
£505K	01/21	0.39 mi	Flat 21, Marble House, Elgin Avenue, London, Greater London W9 3PS	-	-	2	Flat
£690K	10/23	0.39 mi	Flat C, 40, Hormead Road, London, Greater London W9 3NQ	-	-	2	Flat
£1.6M	06/21	0.41 mi	28a, Pembridge Villas, London, Greater London W11 3EL	£18,396	89	2	Flat
£1.2M	09/21	0.41 mi	27c, Westbourne Park Road, London, Greater London W2 5PX	-	-	2	Flat
£455K	08/23	0.44 mi	Flat C, 9, Westbourne Grove Terrace, London, Greater London W2 5SD	£6,791	67	2	Flat
£650K	09/23	0.44 mi	Third Floor Flat, 2, Leinster Square, London, Greater London W2 4PL	-	-	2	Flat
£1.2M	09/21	0.44 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£1.2M	09/21	0.44 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£595K	07/23	0.45 mi	64a, Fermoy Road, London, Greater London W9 3NJ	-	-	2	Flat
£845K	07/23	0.47 mi	173, Bonchurch Road, London, Greater London W10 5NN	£11,419	74	2	Flat
£1.1M	03/21	0.47 mi	Basement Flat, 84, Ladbroke Grove, London, Greater London W11 2HE	-	-	2	Flat
£1.3M	06/21	0.5 mi	44a, Arundel Gardens, London, Greater London W11 2LB	£13,144	97	2	Flat
£565K	12/20	0.5 mi	43c, Barnsdale Road, London, Greater London W9 3LL	-	-	2	Flat
£617.5K	05/21	0.5 mi	First Floor Flat, 69, Elgin Avenue, London, Greater London W9 2DB	-	-	2	Flat
£1.2M	05/21	0.5 mi	23a, Ladbroke Gardens, London, Greater London W11 2PT	£13,953	86	2	Flat
£1.1M	03/21	0.51 mi	Flat C, 35, Leinster Square, London, Greater London W2 4NQ	-	-	2	Flat
£490K	01/21	0.52 mi	Flat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX	£7,903	62	2	Flat
£980K	03/24	0.54 mi	66a, Shirland Road, London, Greater London W9 2EH	-	-	2	Flat
£421K	11/20	0.54 mi	2, Portgate Close, London, Greater London W9 3DL	£5,930	71	2	Flat
£465K	11/21	0.54 mi	12, Portgate Close, London, Greater London W9 3DL	£6,458	72	2	Flat
£532K	03/21	0.54 mi	Raised Ground Floor Flat, 19, Lanhill Road, London, Greater London W9 2BS	-	-	2	Flat
£400K	06/21	0.54 mi	Flat 26, James House, Appleford Road, London, Greater London W10 5GF	-	-	2	Flat
£390K	03/21	0.54 mi	Flat 17, Chesney Court, Shirland Road, London, Greater London W9 2EG	-	-	2	Flat

Local Rents

50 rents from £2K/mo to £7K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,550	10/24	0.01 mi	Great Western Road, London, W11	2	Flat
£3,012	10/24	0.02 mi	Aldridge Road Villas, London, W11	2	Flat
£3,012	10/24	0.03 mi	Aldridge Road Villas W11	2	Flat
£2,300	10/24	0.03 mi	Aldridge Road Villas, Notting Hill, W11	2	Flat
£4,117	10/24	0.03 mi	Aldridge Road Villas, London, W11	2	Flat
£3,246	10/24	0.04 mi	-	2	Flat
£2,550	10/24	0.04 mi	Aldridge Road Villas, London	2	Flat
£2,600	10/24	0.04 mi	Aldridge Road Villas, London	2	Flat
£3,012	10/24	0.06 mi	Aldridge Road Villas, Notting Hill, London, W11	2	Flat
£3,000	10/24	0.06 mi	Aldridge Road Villas, Westbourne Park, W11	2	Flat
£3,000	10/24	0.06 mi	Aldridge Road Villas, London, W11	2	Flat
£5,000	10/24	0.08 mi	Westbourne Park Road, London, W11	2	Flat
£3,142	10/24	0.09 mi	Leamington Road Villas, Notting Hill, London, W11	2	Flat
£4,000	02/25	0.11 mi	-	2	Flat
£3,163	10/24	0.11 mi	Leamington Road Villas, W11	2	Flat
£3,500	10/24	0.11 mi	Westbourne Park Road, London, W2	2	Flat
£2,817	10/24	0.11 mi	Shrewsbury Mews, London, W2	2	Flat
£2,750	03/25	0.13 mi	-	2	Flat
£3,395	10/24	0.14 mi	St Stephens Gardens, London, W2	2	Flat
£2,900	11/24	0.15 mi	-	2	Flat
£4,200	10/24	0.15 mi	St. Stephen's Gardens, W2	2	Flat
£4,000	10/24	0.15 mi	St. Stephens Gardens, London, W2	2	Flat
£4,450	10/24	0.15 mi	St. Stephens Gardens, London, W2	2	Flat
£1,998	10/24	0.16 mi	St. Stephens Gardens, Notting Hill	2	Flat
£2,773	10/24	0.17 mi	Talbot Road, London, W2	2	Flat
£4,550	10/24	0.17 mi	Talbot Road, Notting Hill, W2	2	Flat
£4,000	10/24	0.18 mi	St. Stephens Gardens, London, W2	2	Flat
£3,250	10/24	0.18 mi	St. Lukes Road, Notting Hill, London, W11	2	Flat
£2,708	10/24	0.18 mi	St Stephens Gardens, London	2	Flat
£2,700	10/24	0.18 mi	All Saints Road, Notting Hill, London, UK, W11	2	Flat
£3,900	10/24	0.19 mi	Sutherland Place, London, W2	2	Flat
£5,633	12/24	0.19 mi	-	2	Flat
£7,000	10/24	0.19 mi	-	2	Flat
£3,000	12/24	0.2 mi	-	2	Flat
£2,750	10/24	0.2 mi	Moorhouse Road, London	2	Flat
£2,600	10/24	0.21 mi	Tavistock Crescent, London	2	Flat
£4,312	10/24	0.21 mi	Ledbury Road, Notting Hill, W11	2	Flat
£2,990	10/24	0.21 mi	Talbot Road, London, W2	2	Flat
£3,683	10/24	0.23 mi	Powis Square, London, W11	2	Flat
£3,012	10/24	0.23 mi	Chepstow Road, London, W2	2	Flat
£2,817	10/24	0.24 mi	Powis Gardens, Notting Hill, W11	2	Flat
£2,375	11/24	0.25 mi	-	2	Flat
£5,000	03/25	0.25 mi	-	2	Flat
£2,578	10/24	0.25 mi	Woodfield Road, London, W9	2	Flat
£4,500	02/24	0.25 mi	-	2	Flat
£4,675	10/24	0.26 mi	-	2	Flat
£2,250	10/24	0.27 mi	Beech Court, Elmfield Way, Maida Vale W9	2	Flat
£2,950	03/25	0.27 mi	-	2	Flat
£2,500	04/25	0.27 mi	-	2	Flat
£2,500	04/25	0.27 mi	-	2	Flat

Local Area Statistics

Population in W11	31,35431,354
Population in London	4,771,9214,771,921
Town centre distance	4.07 miles away4.07 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.13 miles away0.13 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £500,000

October 18, 2024

Sold for £275,000

2006

Floor Plans

Description

Two Double Bedrooms +
Two Bathrooms +
Split Level +
Private Garden +
Large Kitchen / Dining Room +
Reception Room +
approx. 814 sq. ft / 75.6 m2 +
Council Tax Band D - Westminster Council +

Spacious split level two bedroom apartment with a private garden and located in this well located purpose built building. The property has two double bedrooms, two bathrooms, storage cupboard, reception room and a large eat in kitchen. Both the kitchen and reception room lead out onto the private garden. The property is situated a short walk away from Portobello Road and Westbourne Grove giving access to the huge variety of amenities that Notting Hill and Bayswater have to offer. The closest tube station is Westbourne Park (Hammersmith & City and Circle lines) and the Grand Union Canal is also moments away.

Leasehold approx 89 years. Service charge approx £160 per month. Ground Rent £5 pa.

Agent Details

Homesite, Notting Hill - Sales

020 3879 5753

Next Steps?

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

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