2 Bed Terraced House, Single Let, London, NW1 6EJ, £2,350,000

Palgrave Gardens, Marylebone, London, NW1 6EJ - 7 views - 5 months ago

Leasehold

BTL

~68 m²

+13 photos

ValuationOvervalued

Sold Prices	£652K - £7.0M
Sold Prices/m²	£10.5K/m² - £47.9K/m²

Square Metres	~68.11 m²
Price/m²	£34.5K/m²
Value Estimate	£1,049,627£1,049,627

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£587,500£587,500
Stamp Duty & Legal Fees	£264,950£264,950
Total Cash In	£852,450£852,450

Cash Out
Rent Range	£2,080 - £4,442£2,080 - £4,442
Rent Estimate	£2,251
Running Costs/mo	£7,814£7,814
Cashflow/mo	£-5,563£-5,563
Cashflow/yr	£-66,755£-66,755
Gross Yield	1%1%

Local Sold Prices

35 sold prices from £652K to £7.0M, average is £1.8M. £10.5K/m² to £47.9K/m², average is £16K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£1.4M	09/23	0.08 mi	88, Boston Place, London, Greater London NW1 6EX	£15,110	91	2	Terraced House
£1.8M	09/22	0.11 mi	36, Huntsworth Mews, London, Greater London NW1 6DB	-	-	2	Terraced House
£1.5M	05/22	0.18 mi	7, Huntsworth Mews, London, Greater London NW1 6DE	£41,351	37	2	Terraced House
£1.4M	08/23	0.21 mi	45, Chagford Street, London, Greater London NW1 6EB	£14,415	94	2	Terraced House
£6.0M	06/22	0.31 mi	187, Gloucester Place, London, Greater London NW1 6BU	£15,102	394	2	Terraced House
£905K	09/21	0.41 mi	25a, Harcourt Street, London, Greater London W1H 4HN	£14,141	64	2	Terraced House
£1.3M	06/22	0.43 mi	4, Spring Mews, London, Greater London W1U 6AS	£16,456	79	2	Terraced House
£1.9M	10/21	0.46 mi	5, Sherlock Mews, London, Greater London W1U 6DW	-	-	2	Terraced House
£945.3K	01/24	0.46 mi	1, Sherlock Mews, London, Greater London W1U 6DW	£29,540	32	2	Terraced House
£1.9M	10/21	0.46 mi	5, Sherlock Mews, London, Greater London W1U 6DW	-	-	2	Terraced House
£1.9M	12/23	0.48 mi	7, York Gate, London, Greater London NW1 4QG	£20,924	92	2	House
£3.1M	12/22	0.52 mi	9, Molyneux Street, London, Greater London W1H 5HP	£15,196	204	2	Terraced House
£4.2M	01/22	0.54 mi	22, Oldbury Place, London, Greater London W1U 5PL	£22,703	185	2	Terraced House
£1.9M	01/22	0.55 mi	32, Oldbury Place, London, Greater London W1U 5PU	£47,883	40	2	Terraced House
£2.3M	09/23	0.56 mi	16, Star Street, London, Greater London W2 1QD	-	-	2	Terraced House
£1.3M	12/23	0.56 mi	21, Gloucester Place Mews, London, Greater London W1U 8BF	£22,167	60	2	Terraced House
£1.8M	11/23	0.57 mi	10, Junction Mews, London, Greater London W2 1PN	£12,766	141	2	Terraced House
£1.8M	12/23	0.6 mi	10, Montagu Mews West, London, Greater London W1H 2EE	£17,629	100	2	Terraced House
£2.1M	02/22	0.64 mi	10, Charles Lane, London, Greater London NW8 7SB	£13,595	153	2	Terraced House
£1.6M	06/21	0.64 mi	2, Charles Lane, London, Greater London NW8 7SB	£12,903	124	2	Terraced House
£946K	05/21	0.64 mi	10, Cochrane Mews, London, Greater London NW8 6NY	£10,511	90	2	Terraced House
£1.9M	11/21	0.66 mi	4, Dunstable Mews, London, Greater London W1G 6BT	£17,885	109	2	Terraced House
£7.0M	10/23	0.67 mi	48, Circus Road, London, Greater London NW8 9SE	£20,014	350	2	Semi-Detached House
£2.6M	04/23	0.68 mi	5, Clarkes Mews, London, Greater London W1G 6QN	£20,800	125	2	Terraced House
£652K	06/21	0.69 mi	9a, Brunswick Mews, London, Greater London W1H 7FB	-	-	2	Terraced House
£1.4M	06/23	0.7 mi	11, Wythburn Place, London, Greater London W1H 7BU	£20,352	71	2	Terraced House
£2.0M	02/21	0.8 mi	27, Archery Close, London, Greater London W2 2BE	£15,625	128	2	Terraced House
£1.8M	06/21	0.81 mi	40, Radnor Mews, London, Greater London W2 2SA	£14,120	125	2	Terraced House
£1.6M	12/21	0.82 mi	Junction House, Blomfield Road, London, Greater London W9 1AB	£14,904	104	2	Detached House
£3.6M	07/22	0.89 mi	20, Duchess Mews, London, Greater London W1G 9DT	-	-	2	Terraced House
£1.2M	03/21	0.9 mi	8, Walpole Mews, London, Greater London NW8 6EZ	£13,352	88	2	Terraced House
£1.4M	12/23	0.91 mi	3, Sussex Mews East, London, Greater London W2 2TS	£17,284	81	2	Terraced House
£1.8M	08/21	0.93 mi	89, Eastbourne Mews, London, Greater London W2 6LQ	£13,235	136	2	Terraced House
£700K	07/22	0.94 mi	47e, Warwick Avenue, London, Greater London W9 2PR	-	-	2	Terraced House
£1.2M	11/21	0.94 mi	31, Conduit Mews, London, Greater London W2 3RE	£17,470	66	2	Terraced House

Local Rents

50 rents from £2.1K/mo to £4.4K/mo, average is £3.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,442	06/24	0 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£3,467	06/24	0 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£3,142	06/24	0.01 mi	Elizabeth Court, Palgrave Gardens, Regent's Park, NW1	2	Flat
£3,245	06/24	0.02 mi	Palgrave Gardens, London, NW1	2	Flat
£3,500	06/24	0.02 mi	Alberts Court, Palgrave Gardens, London, NW1	2	Flat
£3,500	06/24	0.02 mi	Alberts Court, Palgrave Gardens, London, NW1	2	Flat
£3,250	06/24	0.03 mi	Alberts Court, 2 Palgrave Gardens, NW1	2	Flat
£4,000	06/24	0.03 mi	Palgrave Gardens, Marylebone, NW1	2	Flat
£3,467	06/24	0.03 mi	Palgrave Gardens, London	2	Flat
£4,099	01/25	0.04 mi	-	2	Flat
£3,683	06/24	0.04 mi	Palgrave Gardens, London	2	Flat
£2,999	06/24	0.05 mi	Balcombe Street, Marylebone NW1	2	Flat
£2,080	06/24	0.05 mi	Balcombe Street, Marylebone NW1	2	Flat
£3,000	06/24	0.05 mi	Brunswick House, 94-96 Balcombe Street, NW1	2	Flat
£2,550	12/24	0.05 mi	-	2	Flat
£2,650	12/24	0.06 mi	Balcombe Street, London, NW1	2	Flat
£3,943	06/24	0.06 mi	Palgrave Gardens, Marylebone, London, NW1	2	Flat
£3,900	06/24	0.07 mi	Palgrave Gardens, Baker Street, London, NW1	2	Flat
£3,500	06/24	0.07 mi	Palgrave Gardens Marylebone NW1	2	Flat
£2,951	06/24	0.07 mi	Balcombe Street, Baker Street, NW1 6NG – 2 Bedrooms Flat	2	Flat
£2,750	06/24	0.08 mi	Ivor Court, Gloucester Place, NW1	2	Flat
£3,614	12/24	0.08 mi	-	2	Flat
£3,250	12/24	0.08 mi	-	2	Flat
£2,925	06/24	0.08 mi	Ivor Court, Gloucester Place, London, NW1	2	Flat
£3,900	06/24	0.08 mi	Gloucester Place, Marylebone, London, NW1	2	Flat
£4,117	06/24	0.09 mi	Regents Park House, Park Road, NW8	2	Flat
£4,117	06/24	0.09 mi	Regents Park House, Park Road, NW8	2	Flat
£2,850	02/24	0.09 mi	-	2	Flat
£3,800	01/25	0.09 mi	-	2	Terraced House
£3,467	06/24	0.09 mi	Park Road, Regent's Park, London, NW1	2	Flat
£2,795	06/24	0.09 mi	Gloucester Place, London	2	Flat
£2,750	06/24	0.09 mi	Rossmore Court, Park Road, NW1	2	Flat
£3,500	12/24	0.1 mi	-	2	Flat
£3,300	06/24	0.1 mi	-	2	Flat
£3,000	12/24	0.1 mi	-	2	Flat
£3,100	03/25	0.1 mi	-	2	Flat
£3,683	06/24	0.1 mi	Hanover Gate Mansions, Park Road, Regents Park	2	Flat
£2,817	06/24	0.1 mi	Harewood Avenue Marylebone NW1	2	Flat
£3,051	03/25	0.1 mi	-	2	Flat
£4,000	06/24	0.11 mi	Huntsworth Mews, Marylebone, NW1	2	Flat
£2,495	02/24	0.11 mi	-	2	Flat
£4,000	07/24	0.11 mi	Park Road, St. Johns Wood, NW8	2	Flat
£3,300	08/24	0.11 mi	Lorne Close, London, NW8	2	Flat
£4,000	06/24	0.12 mi	Radley House, Park Road, Marylebone, NW1	2	Flat
£3,012	06/24	0.12 mi	Ivor Place, London, NW1	2	Flat
£3,500	12/24	0.13 mi	-	2	Flat
£4,333	12/24	0.13 mi	-	2	Flat
£3,450	12/24	0.14 mi	-	2	Flat
£3,450	12/24	0.14 mi	-	2	Flat
£2,275	06/24	0.14 mi	Harewood Avenue, Regents Park / Marylebone NW1	2	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	2.49 miles away2.49 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.24 miles away0.24 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

Listed for £2,350,000

November 6, 2024

Floor Plans

Description

Stunning views across Regents Park & London skyline +
2 bedroom 2 bathroom Penthouse +
2 large private roof terraces +
Gated development +
24 hr concierge. swimming pool. gym +
Underground parking space +
Share of Freehold +
Close to Baker Street & Marylebone Stations +
Westminster City Council Tax Band H +

A stunning 2-bedroom penthouse apartment, located within an exclusive gated community in the sought after Marylebone area. Benefiting from 24-hour concierge, swimming pool, gym and underground parking. A stone’s throw away from the beautiful scenery of Regent’s Park and a convenient short walk from Baker Street & Marylebone Stations. The apartment offers impressive views of the London skyline and Regents Park and boasts a bright and capacious reception room. Beyond this, the space offers a well-equipped kitchen, two spacious roof terraces, a principal bedroom with ensuite bathroom, a second doubled bedroom and a family bathroom.

- Stunning views across Regents Park & London skyline
- 2-bedroom 2-bathroom Penthouse
- 2 large private roof terraces
- 24 hr concierge
-Gym and Swimming pool
- Westminister City Council Tax band H
- Underground parking space
- Share of Freehold
- Close to Baker Street & Marylebone

Leasehold: approximately 974 years remaining

Agent Details

Hudsons Property, London

020 3879 5312

Next Steps?

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

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