2 Bed Flat, Single Let, London, NW2 5LU, £450,000

Chapter Road, London NW2 5LU - 5 months ago

Leasehold

BTL

~62 m²

+6 photos

ValuationFair Value

Sold Prices	£146K - £850K
Sold Prices/m²	£1.6K/m² - £23K/m²

Square Metres	~62.40 m²
Price/m²	£7.2K/m²
Value Estimate	£448,000£448,000

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£33,700£33,700
Total Cash In	£146,200£146,200

Cash Out
Rent Range	£1,650 - £2,950£1,650 - £2,950
Rent Estimate	£1,693
Running Costs/mo	£1,765£1,765
Cashflow/mo	£-72£-72
Cashflow/yr	£-862£-862
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £146K to £850K, average is £452.5K. £1.6K/m² to £23K/m², average is £7.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£430K	04/21	0.04 mi	224, Chapter Road, London, Greater London NW2 5NB	£7,026	61	2	Flat
£395K	09/21	0.05 mi	12a, Deacon Road, London, Greater London NW2 5QH	£7,054	56	2	Flat
£400K	03/23	0.06 mi	49a, Deacon Road, London, Greater London NW2 5NL	£6,154	65	2	Flat
£429.9K	02/21	0.07 mi	61a, Deacon Road, London, Greater London NW2 5NL	£6,935	62	2	Flat
£490K	08/23	0.07 mi	19a, Deacon Road, London, Greater London NW2 5NP	£7,903	62	2	Flat
£470K	01/23	0.13 mi	Ground Floor Flat, 109a, Churchill Road, London, Greater London NW2 5EH	£10,217	46	2	Flat
£350K	03/21	0.13 mi	Ground Floor Flat, 137, Sandringham Road, London, Greater London NW2 5EJ	£8,140	43	2	Flat
£365K	06/21	0.15 mi	129, Deacon Road, London, Greater London NW2 5NJ	£5,794	63	2	Flat
£340K	12/23	0.19 mi	22b, Chaplin Road, London, Greater London NW2 5PN	-	-	2	Flat
£390K	02/23	0.2 mi	101a, Churchill Road, London, Greater London NW2 5EG	-	-	2	Flat
£465K	05/21	0.2 mi	98a, Chapter Road, London, Greater London NW2 5LR	-	-	2	Flat
£255.5K	01/23	0.23 mi	25a, Cooper Road, London, Greater London NW10 1BG	£5,436	47	2	Flat
£414K	03/21	0.23 mi	Ground Floor Flat, 15, Balmoral Road, London, Greater London NW2 5DX	-	-	2	Flat
£468K	10/21	0.24 mi	Ground Floor Flat, 30, Osborne Road, London, Greater London NW2 5DP	£8,830	53	2	Flat
£490K	11/20	0.24 mi	36a, Osborne Road, London, Greater London NW2 5DP	-	-	2	Flat
£530K	02/21	0.26 mi	52, Hamilton Road, London, Greater London NW10 1NE	-	-	2	Flat
£423K	01/21	0.28 mi	Flat B, 24, Churchill Road, London, Greater London NW2 5EA	£11,432	37	2	Flat
£460K	04/23	0.31 mi	39a, Huddlestone Road, London, Greater London NW2 5DL	£7,972	58	2	Flat
£380K	01/23	0.33 mi	111, Pound Lane, London, Greater London NW10 2HU	-	-	2	Flat
£500K	08/23	0.34 mi	14b, Beaconsfield Road, London, Greater London NW10 2JG	-	-	2	Flat
£445K	07/23	0.35 mi	Flat 7, Balgove Court, Eden Grove, London, Greater London NW10 2TJ	-	-	2	Flat
£300K	08/21	0.42 mi	99a, Riffel Road, London, Greater London NW2 4PG	-	-	2	Flat
£460K	04/21	0.42 mi	83, Riffel Road, London, Greater London NW2 4PG	£23,000	20	2	Flat
£635K	12/20	0.44 mi	67, Newman Close, London, Greater London NW10 2EF	£8,141	78	2	Flat
£550K	01/23	0.44 mi	15, Newman Close, London, Greater London NW10 2EF	£7,534	73	2	Flat
£475K	12/20	0.44 mi	12a, Harlesden Road, London, Greater London NW10 2BX	-	-	2	Flat
£570K	12/20	0.46 mi	Garden Flat, 7, Kings Road, London, Greater London NW10 2BL	-	-	2	Flat
£400K	07/23	0.48 mi	Flat 3, Victoria Mansions, Grange Road, London, Greater London NW10 2RG	-	-	2	Flat
£146K	10/23	0.48 mi	First Floor Flat, 26, Kings Road, London, Greater London NW10 2BP	£1,587	92	2	Flat
£465K	03/21	0.5 mi	102, Chambers Lane, London, Greater London NW10 2RP	£7,750	60	2	Flat
£482.5K	08/23	0.51 mi	Ground Floor Flat, 213, Harlesden Road, London, Greater London NW10 3SD	£6,433	75	2	Flat
£493K	08/21	0.53 mi	Flat 10, Trinity Court, Anson Road, London, Greater London NW2 6AZ	-	-	2	Flat
£625K	12/23	0.55 mi	21b, Staverton Road, London, Greater London NW2 5EY	£7,716	81	2	Flat
£850K	02/21	0.58 mi	Ground Floor Flat, 2, Blenheim Gardens, London, Greater London NW2 4NS	£7,328	116	2	Flat
£500K	06/21	0.59 mi	91, Chambers Lane, London, Greater London NW10 2RN	£7,692	65	2	Flat
£785K	01/24	0.59 mi	10a, Heathfield Park, London, Greater London NW2 5JD	-	-	2	Flat
£395K	01/23	0.59 mi	Second Floor Flat, 16, Blenheim Gardens, London, Greater London NW2 4NS	£6,394	62	2	Flat
£180K	03/23	0.61 mi	Flat 85, Donnington Court, Donnington Road, London, Greater London NW10 3TJ	-	-	2	Flat
£355K	06/21	0.62 mi	174, Roundwood Road, Willesden, London, Greater London NW10 3UG	-	-	2	Flat
£440K	06/21	0.62 mi	39a, Roundwood Road, London, Greater London NW10 9TP	£5,238	84	2	Flat
£350K	05/21	0.62 mi	37, Robson Avenue, London, Greater London NW10 3SZ	£7,143	49	2	Flat
£382.5K	09/23	0.63 mi	166, Roundwood Road, Willesden, London, Greater London NW10 3UG	£6,212	62	2	Flat
£425K	03/23	0.63 mi	226, Roundwood Road, Willesden, London, Greater London NW10 3UG	£6,521	65	2	Flat
£475K	03/23	0.63 mi	47b, Prout Grove, London, Greater London NW10 1PU	£6,854	69	2	Flat
£725K	08/23	0.64 mi	10, Rutland Park Gardens, London, Greater London NW2 4RG	£7,724	94	2	Flat
£435K	01/21	0.65 mi	First Floor Flat, 96, Ivy Road, London, Greater London NW2 6XJ	£6,397	68	2	Flat
£620K	04/21	0.65 mi	Ground Floor Flat, 47, Melrose Avenue, London, Greater London NW2 4LH	£7,561	82	2	Flat
£760K	02/21	0.66 mi	80a, Blenheim Gardens, London, Greater London NW2 4NT	-	-	2	Flat
£560K	02/23	0.66 mi	First Floor Flat, 80, Blenheim Gardens, London, Greater London NW2 4NT	£7,179	78	2	Flat
£360K	04/23	0.69 mi	19a, Oldfield Road, London, Greater London NW10 9UD	-	-	2	Flat

Local Rents

49 rents from £1.6K/mo to £3K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	09/24	0.02 mi	-	2	Flat
£1,800	08/24	0.02 mi	Chapter Road, London, NW2	2	Flat
£1,846	07/24	0.04 mi	Chapter Road, Willesden Green	2	Flat
£1,863	06/24	0.04 mi	Chapter Road, Willesden Green NW2	2	Flat
£2,000	10/24	0.04 mi	-	2	Flat
£2,384	08/24	0.05 mi	Chapter Road, Willesden, London, NW2	2	Semi-Detached House
£1,650	03/25	0.05 mi	-	2	Flat
£1,650	03/25	0.05 mi	-	2	Flat
£2,300	08/24	0.06 mi	Deacon Road, London, NW2	2	Flat
£2,300	08/24	0.06 mi	-	2	Flat
£1,750	02/25	0.08 mi	-	2	Flat
£1,902	06/24	0.09 mi	Sandringham Road, Willesden	2	Flat
£2,250	08/24	0.11 mi	-	2	Flat
£2,200	10/24	0.11 mi	-	2	Flat
£1,703	07/24	0.13 mi	Chapter Road, Willesden Green	2	Flat
£2,500	09/24	0.13 mi	-	2	Flat
£1,820	06/24	0.13 mi	Belton Road, Willesden Green NW2	2	Flat
£1,799	07/24	0.13 mi	Belton Road, London, NW2 5PE	2	Flat
£1,900	06/24	0.14 mi	Chaplin Road, Willesden, NW2	2	Flat
£2,250	07/24	0.14 mi	Chaplin Road, Willesden, London, NW2	2	Flat
£2,250	08/24	0.14 mi	Chaplin Road, Willesden, London, NW2	2	Flat
£1,699	06/24	0.17 mi	Churchill Road, Willesden	2	Flat
£1,900	05/24	0.17 mi	-	2	Flat
£1,800	08/24	0.17 mi	Churchill Road, London, NW2	2	Flat
£1,950	06/24	0.19 mi	Windsor Road, Willesden, NW2	2	Flat
£1,950	07/24	0.19 mi	Windsor Road, Willesden, NW2	2	Flat
£1,750	07/24	0.19 mi	Chaplin Road, London	2	Flat
£1,800	06/24	0.22 mi	Chaplin Road, Willesden Green, London	2	Terraced House
£1,850	08/24	0.22 mi	Dudden Hill Lane, London, NW10	2	Flat
£1,800	12/24	0.23 mi	-	2	Semi-Detached House
£1,900	07/24	0.23 mi	Sandringham Road, London	2	Flat
£2,200	10/24	0.24 mi	-	2	Flat
£1,950	07/24	0.24 mi	Colin Road, Wilesden	2	Flat
£2,100	11/24	0.25 mi	-	2	Flat
£2,415	04/25	0.27 mi	-	2	Flat
£2,300	06/24	0.27 mi	-	2	Flat
£2,448	06/24	0.28 mi	-	2	Flat
£2,448	06/24	0.28 mi	-	2	Flat
£2,383	06/24	0.28 mi	-	2	Flat
£2,300	07/24	0.28 mi	-	2	Flat
£2,100	01/25	0.28 mi	-	2	Flat
£2,050	08/24	0.29 mi	Huddlestone, Willesden Green	2	Flat
£2,100	07/24	0.3 mi	High Road, London, NW10	2	Flat
£2,100	08/24	0.3 mi	-	2	Flat
£2,500	10/24	0.31 mi	-	2	Flat
£2,050	08/24	0.31 mi	Huddlestone Road, Willesden Green, NW2	2	Flat
£2,300	06/24	0.31 mi	St. Pauls Avenue, London, NW2	2	Flat
£2,950	08/24	0.31 mi	Willesden Green, Willesden Green, London, NW2	2	Flat
£2,300	06/24	0.31 mi	-	2	Flat

Local Area Statistics

Population in NW2	67,39367,393
Population in London	4,771,9214,771,921
Town centre distance	5.81 miles away5.81 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+17%+17%

Property History

Price changed to £450,000

March 16, 2025

Listed for £499,950

November 7, 2024

Floor Plans

Description

Split level apartment +
Excellent condition +
Two bedrooms +
Stunning open kitchen plan living area +
Bright and airy +
Quiet residential road +
671 sq ft +
88 year lease +
Chain Free +
Close to shops and transport +

Welcome to Chapter Road.

Experience the charm of the street with this beautifully presented property, offered in excellent condition. Highlighted by a spacious 25ft reception room featuring a sleek, fully-fitted contemporary open-plan kitchen, the flat also boasts two generous double bedrooms and a stylish, modern three-piece bathroom.

This inviting home comes with double-glazed windows, high ceilings, and elegant wooden floorboards throughout, complemented by cosy carpeted bedrooms. Ample storage and abundant natural light further enhance its appeal.

The property is sold with an 88-year lease and is chain-free, ensuring a smooth transition for the new owner.

Situated in an enviable location, Chapter Road provides easy access to the vibrant shops, bars, and restaurants of Walm Lane and Willesden High Road. Excellent transport links are available via Dollis Hill station (Jubilee line), and the beautiful open spaces of Roundwood Park and Gladstone Park are just moments away.

Agent Details

Mile, Kensal Rise & Willesden Green

020 8968 6000

Next Steps?

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

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