2 Bed Flat, Refurb/BRRR, London, W10 4BA, £375,000

Kilburn Lane, London, W10 4BA - 13 views - 5 months ago

Under Offer
Leasehold
Refurb/BRRR
ROI: 3%
~52 m²
+3 photos

ValuationFair Value

Sold Prices£240K - £1.6M
Sold Prices/m²£3.2K/m² - £12.5K/m²

 

 

Square Metres

~52 m²
Price/m²£7.2K/m²

Value Estimate

£382,500

 

 

End Value (After Refurb)

£590,508

Uplift in Value

+57%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£27,456

Bridging Loan Interest

£9,844

Total Cash In

£151,500

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£590,508

Agent Fees (1%)

£5,905

Bridging Loan

£281,250

Bridging Loan Interest

£9,844

Flip Profit

£151,854

Local Sold Prices

50 sold prices from £240K to £1.6M, average is £548.8K. £3.2K/m² to £12.5K/m², average is £9.5K/m².

PriceDateDistanceAddressBeds 
£530K06/210.04 mi227, Kilburn Lane, London, Greater London W10 4BQ2
£1.6M01/210.08 mi119, Harvist Road, London, Greater London NW6 6HA2
£515K03/210.09 mi175, Kilburn Lane, London, Greater London W10 4AX2
£500K09/210.09 mi201a, Kilburn Lane, London, Greater London W10 4AX2
£590K06/230.16 mi169b, Harvist Road, London, Greater London NW6 6HB2
£775K11/230.16 mi83, Marne Street, London, Greater London W10 4JF2
£805K01/210.16 miFirst Floor Flat, 30, Harvist Road, London, Greater London NW6 6SH2
£547.5K06/210.21 mi95a, Kilburn Lane, London, Greater London W10 4AN2
£482K02/210.22 mi123, Kilburn Lane, London, Greater London W10 4AN2
£495K04/230.22 miFirst Floor Flat, 249, Portnall Road, London, Greater London W9 3BL2
£610K06/230.25 miFirst Floor Flat, 225, Harvist Road, London, Greater London NW6 6HE2
£625K02/230.25 mi97a, Kilburn Lane, London, Greater London W10 4AN2
£650K11/200.26 miGround Floor Flat, 179, Ashmore Road, London, Greater London W9 3DB2
£830K11/200.26 mi48, Oliphant Street, London, Greater London W10 4EG2
£848.1K09/230.3 miGround Floor Flat, 18, Creighton Road, London, Greater London NW6 6ED2
£600K11/200.3 mi61l, Fifth Avenue, London, Greater London W10 4DL2
£430K12/200.31 miFlat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA2
£512.5K06/210.32 mi12a, Mozart Street, London, Greater London W10 4LA2
£485K07/230.32 miFirst Floor Flat, 141, Fernhead Road, London, Greater London W9 3ED2
£597.3K08/240.32 mi163, Second Floor Flat, Saltram Crescent, Maida Vale, London, Greater London W9 3JU2
£542K06/210.33 miFlat B, 135, Ashmore Road, London, Greater London W9 3DA2
£780.5K05/210.34 miGround Floor Flat, 56, Keslake Road, London, Greater London NW6 6DG2
£595K06/230.35 mi83b, Hartland Road, London, Greater London NW6 6BH2
£315K05/210.38 miThird Floor Flat, 75, Bravington Road, London, Greater London W9 3AA2
£610K03/210.38 mi67a, Bravington Road, London, Greater London W9 3AA2
£400K03/210.38 miSecond Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE2
£750K09/230.4 miSecond Floor Flat, 151, Saltram Crescent, Maida Vale, London, Greater London W9 3JT2
£481K01/240.41 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£481K01/240.41 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£525K02/230.43 miFirst Floor Flat, 33, Denholme Road, London, Greater London W9 3HT2
£515K10/230.43 miGround Floor Flat At, 31, Mortimer Road, London, Greater London NW10 5QR2
£510K06/210.43 miFirst Floor Flat, 14, Croxley Road, London, Greater London W9 3HL2
£900K01/210.43 mi54a, Wrentham Avenue, London, Greater London NW10 3HG2
£505K03/210.43 mi29, Riverton Close, London, Greater London W9 3DS2
£510K06/210.43 miGround Floor Flat, 40, Pember Road, London, Greater London NW10 5LS2
£377K11/230.45 mi29b, Pember Road, London, Greater London NW10 5LT2
£610K03/230.46 mi25c, Croxley Road, London, Greater London W9 3HH2
£583.2K05/210.46 miGround Floor Flat, 55, Pember Road, London, Greater London NW10 5LT2
£550K04/210.46 mi76a, Ashmore Road, London, Greater London W9 3DG2
£410K03/210.46 mi76b - 76c, Ashmore Road, London, Greater London W9 3DG2
£684K12/220.46 mi58, Pember Road, London, Greater London NW10 5LU2
£240K11/200.47 mi54, Mortimer Road, London, Greater London NW10 5QN2
£740K02/210.47 miLower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY2
£750K05/230.47 miLower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY2
£421K11/200.49 mi2, Portgate Close, London, Greater London W9 3DL2
£465K11/210.49 mi12, Portgate Close, London, Greater London W9 3DL2
£600K07/230.49 miFlat B, 13, Rainham Road, London, Greater London NW10 5DS2
£880K02/210.5 mi207a, Chevening Road, London, Greater London NW6 6DT2
£670K06/210.52 mi101a, Malvern Road, London, Greater London NW6 5PU2
£500K11/210.52 mi91c, Malvern Road, London, Greater London NW6 5PU2

Local Rents

49 rents from £1.9K/mo to £6.5K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,00010/240.02 mi-2
£6,49502/250.04 mi-2
£5,50010/240.04 miPark Mews, London, W102
£5,50010/240.04 mi-2
£6,49503/250.04 mi-2
£2,80008/240.07 miHarvist Road, London, NW62
£2,80008/240.08 miHarvist Road London NW62
£2,80008/240.08 miHarvist Road London NW62
£2,40004/250.08 mi-2
£2,99908/240.09 miHarvist Road, London, NW6.2
£3,50007/240.09 miHarvist Road, London, NW62
£3,10008/240.09 miHarvist Road, London, NW62
£2,90009/240.09 mi-2
£2,00006/240.1 miHarvist Road, Queens Park, NW62
£2,14506/240.12 miHarvist Road, Queens Park NW62
£2,29710/240.14 miBravington Road, Maida Vale2
£2,75006/240.14 miHarvist Road, Queens Park, NW62
£2,75208/240.15 miHarvist Road, Queen's Park, London NW62
£2,40010/240.16 miBravington Road London W92
£2,29710/240.16 miBravington Road London W92
£1,95011/240.16 mi-2
£3,00010/240.16 miOliphant Street, London, W102
£2,50010/240.17 mi-2
£2,70010/240.17 mi-2
£2,15011/240.19 mi-2
£3,00010/240.2 miFifth Avenue, London, W102
£2,40003/250.2 mi-2
£2,50010/240.21 mi133 Kilburn Lane London W102
£1,95010/240.22 mi-2
£2,25010/240.23 miAston Mews, 103 Kilburn Lane, London, W102
£2,05006/240.24 miKeslake Road, London, NW62
£2,60003/250.24 mi-2
£2,65010/240.24 mi-2
£2,55011/240.24 mi-2
£2,60003/250.24 mi-2
£2,75106/240.25 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,75208/240.25 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,75208/240.25 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,75006/240.26 miHarvist Road, London, NW62
£2,30010/240.26 miBravington Road, W92
£2,40010/240.26 mi-2
£2,15010/240.27 mi-2
£2,10006/240.27 miSalusbury Road, London, NW62
£2,00007/240.27 miPeploe Road London2
£2,92508/240.28 miBirchside Apartments, 1 Albert Road, Queens Park, London, NW62
£2,90006/240.28 mi-2
£3,35808/240.28 miAlbert Road, London, NW62
£3,35809/240.28 miAlbert Road, London, NW62
£2,15801/250.28 mi-2

Local Area Statistics

Population in W10

33,638

Population in London

4,771,921

Town centre distance

4.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-13%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £375,000

November 4, 2024

Floor Plans

Description

  • In need of Modernisation +
  • 157 Years Lease +
  • Two bedroom +
  • 2nd Floor +
  • Access to Loft space +
  • Close to Queens Park Station +

In need of modernisation, this spacious two double bedroom, Second floor apartment is set within this excellent sought-after area of W10.

The property boasts an airy reception room with high ceilings.
The apartment is split by a hallway, leading to the master bedroom, second bedroom and family bathroom and separate kitchen.

Other features include an energy-efficient heating system and on street parking.

This fantastic property is located within easy reach of the numerous shops, and supermarkets and is close to Queens Park Station (Bakerloo Line and Underground).

Agent Details

Lyons London, Hackney

020 3910 6425

Next Steps?

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