2 Bed Flat, Single Let, London, W10 6EW, £625,000

Lockton Street, London, W10 6EW - 2 views - 5 months ago

Leasehold

BTL

ROI: 4%

~68 m²

+2 photos

ValuationUndervalued

Sold Prices	£300K - £9.7M
Sold Prices/m²	£4K/m² - £32.1K/m²

Square Metres	~68.11 m²
Price/m²	£9.2K/m²
Value Estimate	£750,000£750,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£156,250£156,250
Stamp Duty & Legal Fees	£38,700£38,700
Total Cash In	£194,950£194,950

Cash Out
Rent Range	£3,142 - £8,000£3,142 - £8,000
Rent Estimate	£3,250
Running Costs/mo	£2,623£2,623
Cashflow/mo	£627£627
Cashflow/yr	£7,523£7,523
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £300K to £9.7M, average is £787.5K. £4K/m² to £32.1K/m², average is £11.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£395K	12/21	0.06 mi	313, Hurstway Walk, London, Greater London W11 1WD	£5,563	71	2	Flat
£398.5K	02/21	0.12 mi	432, Barandon Walk, London, Greater London W11 1WJ	£5,044	79	2	Flat
£645K	12/23	0.23 mi	32, Wesley Square, London, Greater London W11 1TS	£10,574	61	2	Flat
£550K	11/20	0.24 mi	38, Hunt Close, London, Greater London W11 4JU	£8,333	66	2	Flat
£515K	03/23	0.24 mi	27, Hunt Close, London, Greater London W11 4JU	£10,098	51	2	Flat
£560K	01/23	0.24 mi	31, Hunt Close, London, Greater London W11 4JU	£8,485	66	2	Flat
£595K	03/21	0.26 mi	19, Wesley Square, London, Greater London W11 1TP	£13,523	44	2	Flat
£410K	06/21	0.29 mi	Flat 40, Talbot Grove House, Lancaster West, London, Greater London W11 1SQ	-	-	2	Flat
£695K	02/23	0.29 mi	4, St Andrews Square, London, Greater London W11 1RH	-	-	2	Flat
£355K	09/23	0.3 mi	Flat 60, Mortimer House, Queensdale Crescent, London, Greater London W11 4TQ	-	-	2	Flat
£823K	10/20	0.32 mi	Part Of First Floor Flat, 22, Balliol Road, London, Greater London W10 6LX	-	-	2	Flat
£1.1M	12/20	0.33 mi	6a, Highlever Road, London, Greater London W10 6PS	-	-	2	Flat
£775K	07/23	0.33 mi	First And Second Floor Flat, 22, Highlever Road, London, Greater London W10 6PS	-	-	2	Flat
£1.3M	05/23	0.33 mi	77a, St Marks Road, London, Greater London W10 6JT	£16,026	78	2	Flat
£855K	03/21	0.34 mi	35, St Helens Gardens, London, Greater London W10 6LN	-	-	2	Flat
£1.6M	06/21	0.34 mi	Flat 11, Crescent Mansions, Elgin Crescent, London, Greater London W11 2JN	-	-	2	Flat
£700K	05/21	0.36 mi	129, Elgin Crescent, London, Greater London W11 2JH	£16,279	43	2	Flat
£800K	03/21	0.37 mi	First Floor Flat, 93, Cambridge Gardens, London, Greater London W10 6JE	£14,545	55	2	Flat
£855K	12/21	0.37 mi	34, Kelfield Gardens, London, Greater London W10 6NB	£11,633	74	2	Flat
£3.3M	06/21	0.38 mi	182, Lancaster Road, London, Greater London W11 1QU	£16,565	196	2	Flat
£967.5K	07/23	0.38 mi	176c, Lancaster Road, London, Greater London W11 1QU	-	-	2	Flat
£300K	11/23	0.44 mi	53, Eynham Road, London, Greater London W12 0HB	£4,000	75	2	Flat
£440K	02/21	0.46 mi	68, Chesterton Road, London, Greater London W10 6EP	-	-	2	Flat
£830K	11/20	0.46 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£830K	11/20	0.46 mi	60b, Oxford Gardens, London, Greater London W10 5UN	-	-	2	Flat
£640K	12/22	0.47 mi	35a, St Charles Square, London, Greater London W10 6EN	£9,907	65	2	Flat
£1.1M	03/21	0.47 mi	Basement Flat, 84, Ladbroke Grove, London, Greater London W11 2HE	-	-	2	Flat
£575K	03/23	0.47 mi	24, Eynham Road, London, Greater London W12 0HA	£9,583	60	2	Flat
£834K	01/23	0.47 mi	Ground Floor Flat West, 9, Bassett Road, London, Greater London W10 6LA	-	-	2	Flat
£730K	06/21	0.49 mi	6, St Anns Villas, London, Greater London W11 4RX	-	-	2	Flat
£1.3M	06/21	0.5 mi	44a, Arundel Gardens, London, Greater London W11 2LB	£13,144	97	2	Flat
£865K	03/21	0.51 mi	4b, Millwood Street, London, Greater London W10 6EH	£11,689	74	2	Flat
£9.7M	02/21	0.51 mi	24, Bassett Road, London, Greater London W10 6JJ	£18,173	531	2	Flat
£540K	09/23	0.52 mi	41, Tadmor Street, London, Greater London W12 8AH	£7,200	75	2	Flat
£567.5K	03/21	0.54 mi	48a, Stanlake Road, London, Greater London W12 7HL	-	-	2	Flat
£455.5K	04/23	0.54 mi	Flat 9, Linden Court, Frithville Gardens, London, Greater London W12 7JJ	-	-	2	Flat
£1.2M	05/21	0.56 mi	23a, Ladbroke Gardens, London, Greater London W11 2PT	£13,953	86	2	Flat
£1.2M	09/21	0.56 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£1.2M	09/21	0.56 mi	Flat C, 6, Arundel Gardens, London, Greater London W11 2LA	-	-	2	Flat
£695K	06/21	0.59 mi	20, Oakworth Road, London, Greater London W10 6DQ	£9,026	77	2	Flat
£345K	10/21	0.62 mi	Flat 19, Mackay House, White City Estate, London, Greater London W12 7PB	-	-	2	Flat
£1.1M	04/21	0.62 mi	Second Floor Flat D, 26, Holland Park Gardens, London, Greater London W14 8EA	-	-	2	Flat
£935K	06/21	0.64 mi	Lower Ground Floor Flat, 30, Kensington Park Gardens, London, Greater London W11 2QS	£9,740	96	2	Flat
£1.6M	04/21	0.66 mi	59, Holland Park, London, Greater London W11 3SJ	£32,143	49	2	Flat
£565K	06/21	0.66 mi	85, Holland Park, London, Greater London W11 3RZ	-	-	2	Flat
£1.5M	08/21	0.67 mi	55, Lancaster Road, London, Greater London W11 1QJ	£14,522	102	2	Flat
£1.7M	11/20	0.67 mi	First Floor Flat, 115, Ladbroke Road, London, Greater London W11 3PR	£14,690	113	2	Flat
£1.4M	12/20	0.68 mi	7a, Ladbroke Square, London, Greater London W11 3LX	£16,759	81	2	Flat
£510K	05/23	0.69 mi	First Floor Flat, 20, Woodstock Grove, London, Greater London W12 8LE	£10,200	50	2	Flat
£680K	03/23	0.7 mi	11, Hansard Mews, London, Greater London W14 8BJ	£11,724	58	2	Flat

Local Rents

52 rents from £3.1K/mo to £8K/mo, average is £3.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,500	10/24	0.02 mi	-	2	Flat
£5,500	04/25	0.02 mi	-	2	Flat
£3,770	01/25	0.14 mi	-	2	Flat
£4,225	10/24	0.16 mi	Cascade Way, London	2	Flat
£4,225	10/24	0.16 mi	Cassini Apartments, White City Living	2	Flat
£3,600	01/25	0.16 mi	-	2	Flat
£3,650	11/24	0.16 mi	-	2	Flat
£3,650	11/24	0.16 mi	-	2	Flat
£3,650	11/24	0.16 mi	-	2	Flat
£3,792	10/24	0.16 mi	White City Living, Parkside Apartments, Cascade Way, White City, W12	2	Flat
£3,796	10/24	0.16 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,800	10/24	0.16 mi	Cassini Apartments, London, W12	2	Flat
£4,000	10/24	0.16 mi	Cassini Apartments, London, W12	2	Flat
£3,597	10/24	0.16 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,900	10/24	0.16 mi	Cassini Apartments, White City Living, London, W12	2	Flat
£3,650	10/24	0.16 mi	Parkside, White City Living, W12	2	Flat
£3,878	10/24	0.16 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£4,000	10/24	0.16 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£4,099	10/24	0.16 mi	White City Living, Cassini Apartments, Cascade Way, White City W12	2	Flat
£4,300	10/24	0.17 mi	Cassini Apartment, White City Living, London, W12	2	Flat
£4,150	10/24	0.17 mi	Cassini Apartments, Cascade Way, London	2	Flat
£3,683	10/24	0.17 mi	Cassini Apartments, White City Living	2	Flat
£3,750	10/24	0.17 mi	Cassini Tower, White City Living, White City, W12	2	Flat
£3,900	10/24	0.17 mi	Cassini Apartments, 54 Wood Lane, White City Living, W12	2	Flat
£3,999	10/24	0.18 mi	Lincoln Apartments, Fountain Park Way , London	2	Flat
£3,575	10/24	0.18 mi	Belvedere Row, White City Living, W12	2	Flat
£3,725	10/24	0.19 mi	Fountain Park Way, London, W12	2	Flat
£4,000	10/24	0.19 mi	Cassini Apartments, W12	2	Flat
£3,750	10/24	0.19 mi	Belvedere Row Apartments, White City, W12	2	Flat
£3,700	10/24	0.19 mi	White City Living, London, W12	2	Flat
£8,000	10/24	0.2 mi	Treadgold Street, Notting Hill, W11	2	Flat
£5,250	01/25	0.2 mi	-	2	Flat
£4,750	01/25	0.2 mi	-	2	Flat
£3,497	10/24	0.2 mi	Belvedere Row Apartments, White City Living, London, W12	2	Flat
£3,500	01/25	0.2 mi	-	2	Flat
£3,575	10/24	0.2 mi	White City Living, Belvedere Row Apartments, Fountain Park Way, White City, W12	2	Flat
£3,575	10/24	0.2 mi	White City Living, Belvedere Row Apartments, Fountain Park Way, White City, W12	2	Flat
£3,575	10/24	0.2 mi	White City Living, Belvedere Row Apartments, Fountain Park Way, White City, W12	2	Flat
£3,485	10/24	0.2 mi	Fountain Park Way, London, W12	2	Flat
£3,250	10/24	0.2 mi	Fountain Park Way	2	Flat
£3,142	10/24	0.2 mi	Fountain Park Way	2	Flat
£3,250	10/24	0.2 mi	Fountain Park Way	2	Flat
£3,813	10/24	0.22 mi	Bowery Apartments, White City Living, White City W12	2	Flat
£4,500	10/24	0.23 mi	White City Living, London, W12	2	Flat
£3,850	10/24	0.23 mi	Lincoln Apartments, Fountain Park Way, London, W12	2	Flat
£4,950	03/25	0.23 mi	-	2	Flat
£3,900	10/24	0.23 mi	-	2	Flat
£3,250	10/24	0.23 mi	Fountain Park Way	2	Flat
£3,597	10/24	0.23 mi	Fountain Park Way, London, W12	2	Flat
£3,575	10/24	0.23 mi	White City Living, Lincoln Apartments, Fountain Park Way, White City, W12	2	Flat
£3,250	10/24	0.23 mi	Fountain Park Way London W12	2	Flat
£3,497	10/24	0.23 mi	Fountain Park Way	2	Flat

Local Area Statistics

Population in W10	33,63833,638
Population in London	4,771,9214,771,921
Town centre distance	4.95 miles away4.95 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.04 miles away0.04 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-13%-13%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+4%+4%

Property History

Listed for £625,000

November 19, 2024

Floor Plans

Description

Open plan kitchen/ reception +
Masses of natural light +
Excellent condition +
Attractive balcony +

A recently refurbished apartment set on the fifth floor (with lift) of a modern development in a superb location between Notting Hill and Holland Park.

The property boasts a bright and spacious reception room with a modern open-plan kitchen flooded in natural light, which leads to a private balcony with room for table and chairs. The two double bedrooms have ample space for storage and there is a separate contemporary bathroom as well.

Cheping House is a stunning development moments from Latimer Road underground station (Circle and Hammersmith & City lines) as well as the shops and restaurants of Notting Hill and Holland Park.

Agent Details

Marsh & Parsons, North Kensington

020 7313 8350

Next Steps?

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

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