3 Bed Flat, Refurb/BRRR, London, NW3 3QS, £600,000

Primrose Hill Court, King Henrys Road, Primrose Hill, London, NW3 3QS - 28 views - 5 months ago

Under Offer
Leasehold
Refurb/BRRR
~93 m²
+5 photos

ValuationFair Value

Sold Prices£450K - £4.8M
Sold Prices/m²£4.8K/m² - £31K/m²

 

 

Square Metres

~93 m²
Price/m²£6.5K/m²

Value Estimate

£600,000

 

 

End Value (After Refurb)

£1,307,812

Uplift in Value

+118%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£49,243

Bridging Loan Interest

£15,750

Total Cash In

£253,443

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,307,812

Agent Fees (1%)

£13,078

Bridging Loan

£450,000

Bridging Loan Interest

£15,750

Flip Profit

£591,291

Local Sold Prices

50 sold prices from £450K to £4.8M, average is £1.2M. £4.8K/m² to £31K/m², average is £11.2K/m².

PriceDateDistanceAddressBeds 
£655K03/210.02 miFlat 77, Primrose Hill Court, King Henrys Road, London, Greater London NW3 3QT3
£2.0M03/210.07 mi54c, King Henrys Road, London, Greater London NW3 3RP3
£2.0M04/210.15 mi168a, Regents Park Road, London, Greater London NW1 8XN3
£1.0M04/230.21 miFirst Floor Flat, 104, Regents Park Road, London, Greater London NW1 8UG3
£1.1M02/230.22 miBasement Flat, 99, King Henrys Road, London, Greater London NW3 3QX3
£2.1M04/210.27 miThe Maisonette, 47, Fitzroy Road, London, Greater London NW1 8TP3
£1.4M01/230.29 mi66d, Fellows Road, London, Greater London NW3 3LJ3
£1.4M11/210.29 miGround Floor Flat, 74, Belsize Park Gardens, London, Greater London NW3 4NG3
£2.5M05/230.33 mi66a, Belsize Park Gardens, London, Greater London NW3 4NE3
£1.9M12/220.37 miFlat 42, St. Stephens Close, Avenue Road, London, Greater London NW8 6DD3
£4.0M01/240.37 miSt. Stephens Close, Flat 16, Avenue Road, London, Greater London NW8 6DB3
£1.7M03/230.37 mi56a, Belsize Park Gardens, London, Greater London NW3 4ND3
£1.2M11/200.39 miFlat 37, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU3
£1.4M12/200.39 miFlat 31, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU3
£1.1M01/210.39 miFlat 32, Antrim Mansions, Antrim Road, London, Greater London NW3 4XU3
£450K02/210.39 miFlat 130, Penshurst, Queens Crescent, London, Greater London NW5 3QJ3
£2.2M05/230.44 miFlat 6, Park St. James, St James's Terrace, London, Greater London NW8 7LE3
£1.4M03/210.44 miFlat 10, Manor Mansions, Belsize Grove, London, Greater London NW3 4NB3
£565K06/210.47 miFlat 18, Rugmere, Ferdinand Street, London, Greater London NW1 8HE3
£1.2M04/230.49 miGround Floor Flat, 51, Howitt Road, London, Greater London NW3 4LU3
£1.6M10/230.5 miSecond And Third Floor Maisonette, 5, Lancaster Drive, Hampstead, London, Greater London NW3 4EY3
£490K10/230.5 miFlat 27, Beauvale, Ferdinand Street, London, Greater London NW1 8EY3
£594K04/230.51 mi38, Malden Crescent, London, Greater London NW1 8HD3
£700K11/200.52 mi31d, Regents Park Road, London, Greater London NW1 7TL3
£1.4M12/200.53 mi37d, Belsize Square, London, Greater London NW3 4HL3
£1.7M05/210.54 miFlat B, 23, Howitt Road, London, Greater London NW3 4LT3
£995K06/210.54 miFlat 21, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG3
£1.2M09/230.54 miSecond And Third Floor Flat, 22, Adamson Road, London, Greater London NW3 3HR3
£4.8M01/210.57 mi71, Avenue Road, London, Greater London NW8 6HP3
£850K07/230.57 mi56a, Grafton Terrace, London, Greater London NW5 4HY3
£590K02/210.58 miFlat 3, Wilkie House, Townshend Estate, London, Greater London NW8 6JU3
£948.7K09/210.58 miFlat 14, Darwin Court, Gloucester Avenue, London, Greater London NW1 7BG3
£1.0M05/240.58 mi13a, Oval Road, London, Greater London NW1 7EA3
£1.2M06/230.59 mi15a, Buckland Crescent, London, Greater London NW3 5DH3
£1.6M06/210.59 miFlat 38, Sheringham, St Johns Wood Park, London, Greater London NW8 6RA3
£1.4M10/230.59 miFlat 24, Sheringham, St John's Wood Park, London, Greater London NW8 6QY3
£1.6M02/210.59 miFlat 59, Sheringham, St John's Wood Park, London, Greater London NW8 6RB3
£1.4M08/230.59 miFlat 7, Mancroft Court, St John's Wood Park, London, Greater London NW8 6QU3
£750K03/210.59 miFlat 6, Pettie House, Townshend Estate, London, Greater London NW8 6JS3
£642K05/210.59 miFlat 1, Pettie House, Townshend Estate, London, Greater London NW8 6JS3
£1.7M11/230.6 miWymondham Court, Flat 8, St John's Wood Park, London, Greater London NW8 6RD3
£1.1M04/240.6 miWymondham Court, Flat 12, St John's Wood Park, London, Greater London NW8 6RD3
£1.2M02/230.61 miFlat 2, Wymondham Court, St John's Wood Park, London, Greater London NW8 6RD3
£510K12/200.62 miFlat 24, Regency Lodge, Adelaide Road, London, Greater London NW3 5EE3
£855K03/230.63 miSecond Floor Flat, 12, Glenloch Road, Hampstead, London, Greater London NW3 4BU3
£1.1M07/230.64 miFlat 62, Hillfield Court, Belsize Avenue, London, Greater London NW3 4BG3
£1.3M03/210.65 miFlat E, 61, Belsize Park, London, Greater London NW3 4EH3
£1.2M09/230.66 miFirst Floor Flat, 54, Belsize Park, London, Greater London NW3 4EE3
£950K11/210.67 miFlat 1, Buttermere Court, Boundary Road, London, Greater London NW8 6NR3
£1.0M06/210.68 mi39b, Belsize Avenue, London, Greater London NW3 4BN3

Local Rents

50 rents from £3.1K/mo to £17.1K/mo, average is £3.9K/mo.

RentDateDistanceAddressBeds 
£3,50006/240.04 miKing Henry's Road, Primrose Hill, NW33
£6,50006/240.07 miKing Henrys Road, Primrose Hill, London, NW33
£3,50007/240.13 mi-3
£3,50010/240.13 mi-3
£3,50004/250.13 mi-3
£4,25012/240.15 mi-3
£5,99706/240.15 miElsworthy Road, London, NW33
£3,90006/240.17 miBeaumont Walk, Chalk Farm, London, NW33
£6,47806/240.17 miConybeare, Primrose Hill, NW33
£13,00006/240.17 miSharpleshall Street, Primrose Hill, NW13
£17,11706/240.17 miSharpleshall Street, Primrose Hill, NW13
£3,33708/240.19 mi-3
£3,79206/240.22 miFellows Road, Swiss Cottage, London, NW33
£3,12006/240.24 miAdelaide Road, NW33
£3,12007/240.24 miDorney, Adelaide Road, NW33
£3,12007/240.24 miAdelaide Road, NW33
£3,12007/240.24 miDorney House, Adeliade Road, Swiss Cottage, London, NW33
£3,12007/240.24 miDorney House, Adelaide Road, Belsize Park, NW33
£3,12007/240.24 miAdelaide Road Chalk Farm NW33
£4,76706/240.24 miFellows Road, Belsize Park NW33
£4,44206/240.24 miFellows Road, Belsize Park NW33
£4,44207/240.24 miFellows Road, Belsize Park NW33
£4,22507/240.24 miFellows Road, Belsize Park, London, NW33
£4,50012/240.25 mi-3
£4,60006/240.25 miEton Avenue, Belsize Park NW33
£3,75006/240.26 miAdelaide Road, London, NW33
£5,00007/240.27 miEton Avenue, Belsize Park, London, NW33
£3,50003/250.27 mi-3
£4,31206/240.28 miLower Merton Rise, Primrose Hill, London, NW33
£3,70006/240.28 miFellows Road Belsize Park NW33
£3,60006/240.28 miFellows Road Belsize Park NW33
£3,60007/240.28 miFellows Road Belsize Park NW33
£5,85008/240.28 miEton Avenue, London, NW33
£4,00006/240.29 miEngland`s Lane, NW3, Belsize Park3
£4,32511/240.29 mi-3
£3,68006/240.29 miKing Henry`s Road, Primrose Hill, London3
£3,30012/240.29 mi-3
£3,74908/240.3 miHaverstock Hill, Camden, London, NW33
£6,50006/240.31 miGloucester Avenue, Primrose Hill, London, NW13
£7,80006/240.31 miGloucester Avenue, Primrose Hill, London, NW13
£3,75008/240.31 miHaverstock Hill London NW33
£3,95009/240.31 miHaverstock Hill, London, NW33
£6,99806/240.31 miGloucester Avenue, Primrose Hill, London, NW13
£4,50012/240.31 mi-3
£4,20006/240.32 mi-3
£3,95007/240.32 mi-3
£3,50007/240.32 miHaverstock Hill, Chalk Farm, London, NW33
£5,20008/240.32 miHaverstock Hill, Belsize Park, NW33
£3,75007/240.32 miHaverstock Hill, Belsize Park, NW33
£3,25007/240.32 miHaverstock Hill, London3

Local Area Statistics

Population in NW3

51,644

Population in London

4,771,921

Town centre distance

2.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £600,000

November 16, 2024

Floor Plans

Description

Guide Price: £600,000-£625,000: a ground floor three bedroom apartment situated in a well maintained local authority block located close to the centre of Primrose Hill. The property could benefit from interior modernisation and represents an opportunity for an incoming buyer to modernise to their taste. Accommodation comprises three bedrooms, bathroom, separate wc, kitchen and reception room.

Agent Details

John D Wood & Co. Sales, Primrose Hill

020 3835 3610

Next Steps?

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