2 Bed Flat, Single Let, London, NW10 5DH, £490,000

211D Wakeman Road, Kensal Green, London, NW10 5DH - 5 months ago

Sold STC
BTL
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£240K - £830K
Sold Prices/m²£3.2K/m² - £17.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.2K/m²

Value Estimate

£612,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£122,500

Stamp Duty & Legal Fees

£27,900

Total Cash In

£150,400

 

 

Cash Out

 

Rent Range

£1,950 - £3,500

Rent Estimate

£1,997

Running Costs/mo

£1,951

Cashflow/mo

£46

Cashflow/yr

£556

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £240K to £830K, average is £586.6K. £3.2K/m² to £17.3K/m², average is £9.7K/m².

PriceDateDistanceAddressBeds 
£600K07/230.06 miFlat B, 13, Rainham Road, London, Greater London NW10 5DS2
£684K12/220.08 mi58, Pember Road, London, Greater London NW10 5LU2
£570K06/210.09 mi143, Mortimer Road, London, Greater London NW10 5TN2
£600K01/230.09 mi73b, Mortimer Road, London, Greater London NW10 5TN2
£583.2K05/210.09 miGround Floor Flat, 55, Pember Road, London, Greater London NW10 5LT2
£240K11/200.09 mi54, Mortimer Road, London, Greater London NW10 5QN2
£377K11/230.11 mi29b, Pember Road, London, Greater London NW10 5LT2
£540K10/230.11 mi140b, Mortimer Road, London, Greater London NW10 5SN2
£515K10/230.11 miGround Floor Flat At, 31, Mortimer Road, London, Greater London NW10 5QR2
£510K06/210.11 miGround Floor Flat, 40, Pember Road, London, Greater London NW10 5LS2
£670K06/210.12 miGround Floor Flat, 43, Burrows Road, London, Greater London NW10 5SL2
£720K04/230.12 mi43a, Burrows Road, London, Greater London NW10 5SL2
£620K03/230.12 mi29a, Burrows Road, London, Greater London NW10 5SL2
£740K02/210.15 miLower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY2
£750K05/230.15 miLower Maisonette, 9, Linden Avenue, London, Greater London NW10 5QY2
£710K05/210.16 miGround Floor Flat, 6, Burrows Road, London, Greater London NW10 5SG2
£621.5K08/230.16 mi61a, Burrows Road, London, Greater London NW10 5SJ2
£690K01/240.16 mi103, Ground Floor Flat, Burrows Road, London, Greater London NW10 5SJ2
£640K09/210.17 mi94a, Ashburnham Road, London, Greater London NW10 5SE2
£522.5K08/210.21 mi37b, Ashburnham Road, London, Greater London NW10 5SB2
£725K05/230.22 miFlat B, 115, Purves Road, London, Greater London NW10 5TH2
£607K12/210.22 mi141a, Purves Road, London, Greater London NW10 5TH2
£400K03/210.22 miSecond Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE2
£625K02/230.26 mi97a, Kilburn Lane, London, Greater London W10 4AN2
£650K11/200.28 mi125a, Clifford Gardens, London, Greater London NW10 5JG2
£830K11/200.28 mi48, Oliphant Street, London, Greater London W10 4EG2
£610K06/230.29 miFirst Floor Flat, 225, Harvist Road, London, Greater London NW6 6HE2
£430K12/200.3 miFlat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA2
£482K02/210.3 mi123, Kilburn Lane, London, Greater London W10 4AN2
£575K02/230.3 miGround Floor Flat, 64, Clifford Gardens, London, Greater London NW10 5JD2
£547.5K06/210.31 mi95a, Kilburn Lane, London, Greater London W10 4AN2
£520K03/210.31 mi100a, Purves Road, London, Greater London NW10 5TB2
£780.5K05/210.31 miGround Floor Flat, 56, Keslake Road, London, Greater London NW6 6DG2
£558K12/200.36 mi47, Purves Road, London, Greater London NW10 5SY2
£558K12/200.36 mi47, Purves Road, London, Greater London NW10 5SY2
£558K12/200.36 mi47, Purves Road, London, Greater London NW10 5SY2
£485K12/220.38 mi63, Bathurst Gardens, London, Greater London NW10 5JH2
£480K09/230.38 mi85, Bathurst Gardens, London, Greater London NW10 5JH2
£672K12/200.38 mi132a, Chamberlayne Road, London, Greater London NW10 3JR2
£630K06/210.38 mi27a, Felixstowe Road, London, Greater London NW10 5SR2
£590K06/230.39 mi169b, Harvist Road, London, Greater London NW6 6HB2
£600K11/200.4 mi61l, Fifth Avenue, London, Greater London W10 4DL2
£805K01/210.4 miFirst Floor Flat, 30, Harvist Road, London, Greater London NW6 6SH2
£445K04/240.43 mi27a, Ravensworth Road, London, Greater London NW10 5NP2
£615K12/200.43 miGround Floor Flat, 5, Ravensworth Road, London, Greater London NW10 5NP2
£570K03/210.43 mi19a, Ravensworth Road, London, Greater London NW10 5NP2
£500K09/210.43 mi201a, Kilburn Lane, London, Greater London W10 4AX2
£515K03/210.43 mi175, Kilburn Lane, London, Greater London W10 4AX2
£540K06/210.43 mi72b, Buchanan Gardens, London, Greater London NW10 5AE2
£450K07/210.43 miFirst Floor Flat, 60, Buchanan Gardens, London, Greater London NW10 5AE2

Local Rents

50 rents from £1.9K/mo to £3.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,10006/240.01 miWakeman Road, Kensal Green, London, NW102
£2,05806/240.03 miBayford Road, Ladbroke Grove, London, NW102
£2,30009/240.04 miBayford Road, London, NW102
£2,20011/240.04 mi-2
£2,49207/240.04 miRainham Road, London, NW102
£2,49207/240.04 mi-2
£2,49206/240.04 miWakeman Road, Kensal Rise2
£2,65003/250.07 mi-2
£2,40006/240.07 mi-2
£2,37506/240.09 miMortimer Road, London, NW102
£2,85003/250.09 mi-2
£1,99808/240.09 miMortimer Road, Kensal Rise2
£2,20011/240.12 mi-2
£2,25006/240.12 miMortimer Road, London, NW102
£1,99806/240.12 miWarfield Road, Kensal Green2
£2,20006/240.13 mi-2
£2,15007/240.15 miMortimer Road, Kensal Rise NW102
£2,20010/240.15 mi-2
£2,37503/240.15 miMortimer Road, Kensal Rise, London, NW102
£2,90004/250.18 mi-2
£1,95004/250.18 mi-2
£2,10011/240.18 mi-2
£2,15006/240.18 miMortimer Road, Kensal Rise, London2
£2,15006/240.18 miAshburnham Road, Kensal Green, London, NW102
£2,15001/250.18 mi-2
£2,20004/250.19 mi-2
£2,35006/240.19 mi-2
£2,60010/240.19 mi-2
£2,85009/240.19 miBolton Gardens, London, NW102
£2,00006/240.2 miWellington Road, Kensal Green, London, NW102
£2,49610/240.2 miBanister Road, Kensal Rise2
£2,20006/240.2 miBurrows Road, Kensal Green2
£2,70803/240.2 miBolton Gardens, Kensal Rise, NW102
£2,00006/240.21 miChamberlayne Road, Kensal Rise, London, NW102
£2,35008/240.21 mi-2
£2,23207/240.22 miPurves Road London NW102
£2,24906/240.22 miCollege Road, Kensal Rise2
£3,25010/240.22 mi-2
£2,99510/240.22 mi-2
£3,50010/240.22 mi-2
£3,40012/240.22 mi-2
£2,65004/250.22 mi-2
£2,25306/240.22 miCollege Rd, London2
£2,80012/240.22 mi-2
£2,15011/240.22 mi-2
£2,20011/240.22 mi-2
£1,97507/240.22 mi-2
£2,19706/240.22 miPurves Road, Kensal Rise2
£1,99306/240.22 miPurves Road, Kensal Rise2
£1,97507/240.22 miPurves Road, London, NW102

Local Area Statistics

Population in NW10

91,820

Population in London

4,771,921

Town centre distance

4.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Buyer's market

Capital growth (5yrs)

+14%

Property History

Listed for £490,000

November 27, 2024

Floor Plans

Description

  • REFURBISHMENT OPPORTUNITY +
  • FIRST FLOOR CONVERTED FLAT +
  • 2 BEDROOMS +
  • DOUBLE GLAZED WINDOWS & CENTRAL HEATING +
  • TENURE - FREEHOLD (SHARE OF) +
  • SITUATED CLOSE TO KENSAL GREEN STATION +
  • NO UPPER CHAIN +

REFURBISHMENT OPPORTUNITY. Situated close to Kensal Green (Zone 2 - Bakerloo Line) station this 715 sq.ft (66 sq.m) approx First Floor converted Flat comprises 2 bedrooms, reception, kitchen, bathroom, separate wc and is equipped with double glazed windows and central heating. The flat requires updating/refurbishment, is offered chain free and located near to the shops/bus routes along Harrow Road, Grand Union Canal walks and walking distance to the world famous Portobello Road market. Tenure is Freehold (share of) and also with a Lease running for a term of 125 years from 1981 (82 years unexpired). Council Tax Band is 'C' (London Borough of Brent).

Communal Entrance Lobby -

Stairs & Landing -

To First Floor - with built in landing cupboard containing electric consumer unit and gas meter, radiator, built in cupboard with hot water cylinder, access hatch to loft area.

Reception - 4.90m (to alcove) x 4.42m (to bay) (16'1 (to alcov - with ceiling cornice, double glazed windows, recessed chimney breast, radiator, ceiling rose.

Bedroom 1 - 3.63m x 3.23m (to alcove) (11'11 x 10'7 (to alcove - with radiator, double glazed windows.

Bedroom 2 - 3.25m x 2.29m (10'8 x 7'6) - with double glazed window, radiator, built in cupboard with central heating boiler.

Kitchen - 2.36m x 2.29m (7'9 x 7'6) - with inset sink and drainer, wall and base cupboards, tiled splashback, hob and oven, work surface, double glazed window.

Bathroom - with bath, pedestal wash hand basin, tiled splashback, half tiled wall, double glazed window.

Separate Wc - with wc, radiator, half tiled walls, double glazed window.

Tenure - We understand that the tenure is Freehold (share of) and that there is also a Lease running for a term of 125 years from 25th March 1981 (therefore 82 years unexpired). Ground rent £10 per annum.

The operational condition of the services and appliances connected at the property have not been checked and as such no warranties are offered thereto.

Agent Details

Wenlock & Taylor, London

020 3879 5598

Next Steps?

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