2 Bed Flat, Single Let, London, NW7 1RY £695,000

Royal Engineers Way, Millbrook Park, NW7 1RY - 2 views - a year ago
Leasehold
BTL
~119 m²
Property image
Property image
Property image
Property image

ValuationUndervalued

Sold Prices£228.8K - £653K
Sold Prices/m²£4.9K/m² - £8K/m²

 

 

Square Metres

~118.56 m²
Price/m²£5.9K/m²

Value Estimate

£790,400
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£173,750

Stamp Duty & Legal Fees

£60,700

Total Cash In

£234,450

 

 

Cash Out

 

Rent Range

£1,700 - £3,000

Rent Estimate

£2,006

Running Costs/mo

£2,593

Cashflow/mo

£-587

Cashflow/yr

£-7,045

Gross Yield

3%

Local Sold Prices

50 sold prices from £228.8K to £653K, average is £446.3K. £4.9K/m² to £8K/m², average is £6.5K/m².

Price
Date
Distance
Address
Beds
 
£567.5K03/250.08 miApartment 24, 31, Royal Engineers Way, Mill Hill, London NW7 1UW2
£567.5K03/250.08 miApartment 24, 31, Royal Engineers Way, Mill Hill, London NW7 1UW2
£567.5K03/250.08 miApartment 24, 31, Royal Engineers Way, Mill Hill, London NW7 1UW2
£550K01/250.1 mi84 Brooklime Apartments, Flat 16, Bittacy Hill, Mill Hill, London NW7 1TJ2
£525K02/250.1 mi3, Apartment 18, Explorer Way, Mill Hill, London NW7 1UR2
£532.5K07/250.1 miFlat 5, 86 Buttercup Apartments, Bittacy Hill, Mill Hill, London NW7 1TL2
£490K11/240.13 mi3 Twinn Building, Flat 1, Regiment Hill, Mill Hill, London NW7 1FS2
£395K06/210.13 mi73, Bray Road, London, Greater London NW7 1SL2
£325K03/230.13 mi121, Bray Road, London, Greater London NW7 1SL2
£535K01/250.14 mi4 Middlesex Building, Flat 6, Copt Place, Mill Hill, London NW7 1FT2
£510K12/240.17 mi12 Parr Court, Flat 7, Wilkes Close, Mill Hill, London NW7 1FE2
£442.5K11/240.19 mi22, Sanders Lane, Mill Hill, London NW7 1BD2
£355K09/210.22 mi11, Sanders Lane, London, Greater London NW7 1BX2
£640K11/240.25 mi55 Garrison Heights, Flat 10, Henry Darlot Drive, Mill Hill, London NW7 1RF2
£555K01/250.25 mi55 Garrison Heights, Flat 18, Henry Darlot Drive, Mill Hill, London NW7 1RF2
£410K12/240.26 mi4 Wheat House, Flat 1, Peacock Close, Mill Hill, London NW7 1LF2
£350K02/250.27 mi14, Thornbury Close, Mill Hill, London NW7 1HH2
£340K03/230.27 miFlat 33, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY2
£400K02/240.28 mi9, Shillingford Close, London, Greater London NW7 1HQ2
£395K07/230.28 mi29, Shillingford Close, London, Greater London NW7 1HQ2
£535K06/210.29 mi5, Honiton Gardens, London, Greater London NW7 1GF2
£405K06/210.29 mi10, Honiton Gardens, London, Greater London NW7 1GF2
£520K02/250.29 miFlat 13, 5 Oat House, Peacock Close, Mill Hill, London NW7 1LG2
£575K11/240.29 mi33 Farthing Court, Flat 32, Langstone Way, Mill Hill, London NW7 1GQ2
£420K06/210.34 mi20, Seaton Square, London, Greater London NW7 1GB2
£325K02/230.34 mi16, Seaton Square, London, Greater London NW7 1GB2
£228.8K09/230.37 mi12a, Bittacy Hill, London, Greater London NW7 1LB2
£286K06/210.38 miFlat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP2
£343.5K04/230.45 mi20, Frith Court, London, Greater London NW7 1JP2
£375K06/210.45 mi33, Frith Court, London, Greater London NW7 1JP2
£557.5K02/250.45 mi205 Thyme Court, Flat 11, Holders Hill Road, Church End, London NW7 1NJ2
£450K12/220.55 mi28, Gordon Road, London, Greater London N3 1EJ2
£547.4K10/240.56 mi60, Gordon Road, Finchley, London N3 1EP2
£420K03/250.56 mi48, Gordon Road, Finchley, London N3 1EJ2
£653K06/210.57 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£450K08/230.59 mi55a, Dollis Road, London, Greater London N3 1RD2
£450K06/210.61 mi61, Grosvenor Road, London, Greater London N3 1EY2
£460K06/210.61 mi70a, Elm Park Road, London, Greater London N3 1EB2
£350K03/250.62 miGround Floor Flat, 41, Grosvenor Road, Finchley, London N3 1EY2
£350K03/250.62 miGround Floor Flat, 41, Grosvenor Road, Finchley, London N3 1EY2
£435K12/240.62 mi36, First Floor Flat, Elm Park Road, Finchley, London N3 1EB2
£390K09/220.62 mi12a, Milespit Hill, London, Greater London NW7 2PL2
£325K01/250.71 mi216 Oakdale, 2, Nether Street, Ballards Lane To Dollis Road, London N3 1JE2
£520K03/250.71 miFlat 21, 12 Callow House, Medawar Drive, Mill Hill, London NW7 1UA2
£520K03/250.71 miFlat 21, 12 Callow House, Medawar Drive, Mill Hill, London NW7 1UA2
£450K06/250.72 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£450K06/250.72 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£355K10/240.75 mi381 383 Stuart Court, Flat 16, Nether Street, Ballards Lane To Dollis Road, London N3 1JP2
£440K03/250.76 mi8, Rydal Close, Hendon, London NW4 1LE2
£428K03/250.78 mi37, Nether Close, Finchley, London N3 1AA2

Local Rents

50 rents from £1.7K/mo to £3K/mo, average is £2.4K/mo.

Rent
Date
Distance
Address
Beds
 
£2,80007/240 miRoyal Engineers Way, London, NW72
£2,80009/250 miRoyal Engineers Way, London, NW72
£2,30002/250 mi-2
£2,25307/240.01 miBurghley House, 18 Royal Engineers Way, London, NW72
£2,50008/250.02 miSnowdrop Court, Royal Engineers Way, NW7 1TU2
£2,20008/240.03 miRoyal Engineers Way, London, NW72
£2,40007/240.04 miBurghley House, Royal Engineers Way, NW72
£2,30006/240.04 miHarewood Avenue, Mill Hill, London, NW72
£2,20011/250.05 miIndia Way, London, NW72
£2,60010/240.05 mi-2
£2,60007/240.05 miInglis Way, London2
£3,00007/240.05 miInglis Way, London2
£1,75011/250.06 miShillingford Close, Mill Hill East, London, NW72
£1,70003/240.06 miHill Court, Bittacy Road, London, NW72
£2,85001/250.06 mi-2
£2,40007/240.06 miRoyal Engineers Way, Millbrook Park, NW7 1SX2
£2,50010/250.06 mi22 Royal Engineers Way, Millbrook Park, Mill Hill East2
£2,35009/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,35010/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,35010/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,30010/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,20011/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,10011/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,10011/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,00011/250.06 miKingcup Apartments, Harewood Avenue, London2
£2,20011/250.06 mi-2
£2,40007/240.06 miRoyal Engineers Way, Millbrook Park, NW7 1SX2
£2,45003/240.07 miRoyal Engineers Way, London, NW72
£2,25006/240.07 miRoyal Engineers Way, Millbrook Park, NW72
£2,40007/250.07 miRoyal Engineers Way, London, NW72
£2,20005/250.07 miRoyal Engineers Way, London, NW72
£2,20011/250.07 miIndia Way, London, NW72
£2,20010/250.07 miIndia Way, London, NW72
£2,30007/250.07 miHarewood Avenue, London, NW72
£2,30008/250.07 miHarewood Avenue, London, NW72
£2,40006/240.07 mi-2
£2,40002/250.07 mi-2
£2,10005/250.08 miBittacy Hill, London, NW72
£2,40006/240.08 miRoyal Engineers Way, Mill Hill2
£2,45011/250.08 miRoyal Engineers Way, Mill Hill, NW72
£2,70010/240.09 mi-2
£3,00008/240.09 miGriffin Building, London, NW72
£2,25006/250.09 miRoyal Engineers Way, Mill Hill2
£1,95002/240.09 mi-2
£2,40005/250.09 miInglis Way, Mill Hill, NW72
£2,40006/240.09 miInglis Way, Mill Hill, NW72
£2,25011/250.09 miInglis Way, Millbrook Park, NW7 1FJ2
£1,75008/240.09 miInglis Way, Mill Hill, London2
£2,35011/250.1 miArrandene House, 2 Royal Engineers Way, Mill Hill, London, NW72
£2,50006/250.1 miRoyal Engineers Way2

Local Area Statistics

Population in NW7

25,131

Population in London

4,771,921

Town centre distance

7.24 miles away

Nearest school

0.10 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Buyer's market

Capital growth (5yrs)

-4%

Property History

Price changed to £695,000

May 15, 2025

Price changed to £725,000

January 6, 2025

Listed for £750,000

November 15, 2024

Floor Plans

Property image

Description

  • 2 Bedroom +
  • 2.5 Bathroom +
  • 1276 sq ft +
  • Lateral Apartment +
  • Large Patio +
  • Both Bedrooms En-Suite +
  • Residents Gym +
  • Concierge +
  • Cinema Room +
  • Former Show Home +

Aaron Shohet Property are delighted to bring to the market as exclusive sole agents this remarkable 1276 sq ft lateral 2 bedroom, 2.5 bathroom apartment located in The Claves, Millbrook Park's premier residential development.

A former show home, this incredible apartment offers exceptional living space and features a massive 24ft living room, open-plan U-shaped kitchen, with feature breakfast peninsula and quartz worktops and fully integrated appliances and smart open dining area. The spacious reception opens onto a secluded and quiet private patio which offers direct access to the beautifully landscaped communal gardens.

Further, there are two king sized bedrooms both en-suite and the master comes complete with luxury walk-in-wardobe and a private balcony.

Additionally there is a separate guest W/C, large entry hall, spacious hallway store cupboard, secure video entry, underground parking for one car and garage store room, underfloor heating throughout, deep storage rooms and luxurious finishes in every room.

The building benefits from exceptional on-site facilities including a fully-equipped residents gym, residents private cinema, games room and business centre/lounge which makes for an excellent co-working space with bookable conference room.

The Claves is the premier residential development within Millbrook Park benefitting from class-leading amenities and luxury quality. Located less than 200m from Mill Hill East Zone 4 Northern Line Station and the Co-op, the property is also short walk to Waitrose and Virgin Active as well as being next door to The Plaza, a collection of 11 shops and boutiques which will benefit from Amazon Fresh and other shops once completed.

A truly one-of-a-kind property in arguably the best block in all of Millbrook Park.

Agent Details

Aaron Shohet Property, Covering Mill Hill

0238 001 4366

Next Steps?

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