3 Bed Flat, Single Let, London, W2 1SE, £575,000

311D St. Marys Square, London, W2 - 2 views - 5 months ago

Leasehold
BTL
ROI: 4%
~71 m²
+8 photos

ValuationUndervalued

Sold Prices£194.3K - £4.3M
Sold Prices/m²£5.9K/m² - £19.5K/m²

 

 

Square Metres

~71.07 m²
Price/m²£8.1K/m²

Value Estimate

£713,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£34,700

Total Cash In

£178,450

 

 

Cash Out

 

Rent Range

£2,297 - £8,246

Rent Estimate

£2,990

Running Costs/mo

£2,415

Cashflow/mo

£575

Cashflow/yr

£6,902

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £194.3K to £4.3M, average is £1.1M. £5.9K/m² to £19.5K/m², average is £11.2K/m².

PriceDateDistanceAddressBeds 
£530K06/210 miFlat 46, Fleming Court, St Marys Square, London, Greater London W2 1SE3
£585K01/210 miFlat 1, Fleming Court, St Marys Square, London, Greater London W2 1SE3
£1.1M01/210.05 miFlat 46, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SH3
£1.3M02/210.07 miFlat 13, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ3
£570K03/210.12 mi72, John Aird Court, London, Greater London W2 1UZ3
£2.4M03/210.19 miFlat A, 14, Maida Avenue, London, Greater London W2 1SR3
£1.6M12/200.25 miFlat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL3
£1.6M12/200.25 miFlat 1, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL3
£615K09/210.25 miFlat 45, Tadema House, Penfold Street, London, Greater London NW8 8PN3
£825K03/210.28 miFirst Floor Flat, 10, Clarendon Gardens, London, Greater London W9 1AY3
£1.3M06/230.3 mi26c, Clarendon Gardens, London, Greater London W9 1AZ3
£1.8M10/210.3 miBasement, 22, Clarendon Gardens, London, Greater London W9 1AZ3
£1.1M06/210.33 mi65, St Michaels Street, London, Greater London W2 1QR3
£1.2M05/210.39 mi132, Westbourne Terrace Mews, London, Greater London W2 6QG3
£443.5K04/210.4 mi159, Lisson Grove, London, Greater London NW8 8EB3
£3.8M01/210.4 mi22, Randolph Crescent, London, Greater London W9 1DR3
£1.6M06/230.41 mi3b, Randolph Crescent, London, Greater London W9 1DP3
£970K05/210.42 miFlat 9a, Oxford & Cambridge Mansions, Transept Street, London, Greater London NW1 5EJ3
£525K08/210.43 mi29, Bourne Terrace, London, Greater London W2 6PA3
£194.3K10/210.47 miFlat B, 2, Rossmore Road, London, Greater London NW1 6NJ3
£1.3M03/240.49 miCentury Court, Flat 25, Grove End Road, London, Greater London NW8 9LD3
£1.2M07/230.49 miFlat 31, Century Court, Grove End Road, London, Greater London NW8 9LD3
£1.4M04/230.49 miFlat 60, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QS3
£645K01/210.5 mi179, Scott Ellis Gardens, London, Greater London NW8 9RS3
£865K12/220.51 miFlat 10, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU3
£3.5M04/210.52 mi2, Lord Hills Road, London, Greater London W2 6PD3
£1.1M08/230.52 mi14, Sussex Square, London, Greater London W2 2SL3
£2.0M10/220.53 mi95a, York Street, London, Greater London W1H 4QG3
£4.3M10/210.53 mi8a, Melina Place, London, Greater London NW8 9SA3
£1.4M09/210.54 miThird And Fourth Floor Flat, 149, Sutherland Avenue, London, Greater London W9 1ES3
£1.6M07/210.58 miFlat 15, Vale Court, Maida Vale, London, Greater London W9 1RT3
£520.5K02/230.59 miFlat 10, Newbury House, Hallfield Estate, London, Greater London W2 6HH3
£750K07/230.6 miFlat 410, Park West, Edgware Road, London, Greater London W2 2QT3
£760K06/230.6 miFlat 480, Park West, Edgware Road, London, Greater London W2 2QX3
£950K12/230.6 miFlat 11, Carroll House, Craven Terrace, London, Greater London W2 3PP3
£1.4M08/230.6 miFlat 62, Clarewood Court, Crawford Street, London, Greater London W1H 2NW3
£1.8M09/230.6 miFlat 71, Clarewood Court, Crawford Street, London, Greater London W1H 2NW3
£542.5K01/210.61 miFlat 45, Lords View, St Johns Wood Road, London, Greater London NW8 7HQ3
£740K11/200.61 miFlat 32, Gilray House, Gloucester Terrace, London, Greater London W2 3DF3
£815K12/200.61 miFlat 5, Gilray House, Gloucester Terrace, London, Greater London W2 3DF3
£775K07/230.61 miFlat 110, Ralph Court, Queensway, London, Greater London W2 5HU3
£1.4M06/210.62 miFlat 24, Melcombe Court, Dorset Square, London, Greater London NW1 6EP3
£1.0M03/210.63 miFlat 83, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX3
£1.2M03/210.63 miFlat 33, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX3
£2.2M06/230.63 miFlat 53, Lauderdale Mansions, Lauderdale Road, London, Greater London W9 1LX3
£2.2M02/230.64 miFlat 18, Fursecroft, George Street, London, Greater London W1H 5LF3
£1.1M08/210.64 miFlat 45, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£1.2M10/230.64 miFlat 40, Grove Hall Court, Hall Road, London, Greater London NW8 9NY3
£1.1M10/200.66 miFlat 403, Elm Tree Court, Elm Tree Road, London, Greater London NW8 9JT3
£1.1M03/230.66 miFlat 53, Castellain Mansions, Castellain Road, London, Greater London W9 1HE3

Local Rents

50 rents from £2.3K/mo to £8.2K/mo, average is £6.9K/mo.

RentDateDistanceAddressBeds 
£3,68310/240.12 miHermitage Street Paddington W23
£7,02001/250.14 mi-3
£6,04510/240.14 miDahlia House Paddington W23
£6,50010/240.14 miDahlia House Paddington W23
£8,24610/240.17 miGarrett Mansions, Edgware3
£7,11110/240.17 mi-3
£8,24610/240.17 miEdgware Road, London3
£7,25003/250.17 mi-3
£8,23301/250.17 mi-3
£2,29710/240.17 miHall Place, London3
£8,24610/240.18 miWest End Gate, London3
£5,41710/240.18 miSheldon Square, Paddington, W23
£7,50010/240.18 mi-3
£7,58310/240.18 mi-3
£7,75010/240.18 mi-3
£6,91210/240.19 miMerchant Square East, Paddington, London W23
£7,00010/240.19 mi-3
£6,30001/250.19 mi-3
£6,91210/240.19 mi4B Merchant Square, London, W2, 3
£7,34510/240.19 mi4B Merchant Square, London, W2, 3
£4,76610/240.19 miSheldon Square, London, London, W23
£4,76710/240.19 miSheldon Square, London, London, W23
£6,00010/240.19 miLampard House, 8 Maida Avenue, W23
£7,15010/240.19 miPaddington, London, W23
£7,41001/250.19 mi-3
£6,91211/240.19 mi-3
£6,91110/240.19 miMerchant Square, Paddington, W23
£7,34410/240.19 miMerchant Square, Westminster, W23
£6,91210/240.19 miMerchant Square, Paddington, W23
£7,34510/240.19 miMerchant Square East, London3
£6,91110/240.19 miMerchant Square, Paddington, W23
£5,15710/240.19 miMerchant Square, Paddington W23
£5,40002/240.2 mi-3
£3,79607/240.2 miFrampton Street, Edgware Road NW8 8NA3
£7,06310/240.2 mi-3
£6,91210/240.2 miMerchant Square East, London3
£7,34510/240.2 miMerchant Square East, London, W2.3
£3,79207/240.21 miPenfold Street, St John's Wood, London, NW83
£4,00408/240.21 miNorthwick Terrace, London, NW83
£6,91110/240.21 miMerchant Square, Harbet Road, Paddington, London W23
£7,34510/240.21 miMerchant Square, Paddington, London W23
£4,60007/240.22 miFrampton Street, St John's Wood, London3
£7,06310/240.22 miMerchant Square East, Paddington, W23
£6,91210/240.22 miMerchant Square, Paddington, W23
£4,76707/240.22 miFrampton Street, St John's Wood, London3
£7,34510/240.22 miMerchant Square East, London, W23
£6,91210/240.23 miMerchant Square, Paddington, London, W23
£6,50010/240.23 mi3 Merchant Square, W23
£6,91210/240.23 miMerchant Square, Paddington3
£6,50010/240.23 mi3 Merchant Square Paddington W23

Local Area Statistics

Population in W2

47,574

Population in London

4,771,921

Town centre distance

3.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+20%

Sales demand

Buyer's market

Capital growth (5yrs)

-15%

Property History

Price changed to £575,000

January 15, 2025

Listed for £590,000

December 2, 2024

Floor Plans

Description

  • Three Double Bedrooms +
  • Gated Development +
  • Close to Paddington Station and Desirable Little Venice +
  • Balcony +
  • Communal Garden +
  • No Chain +

Three bedroom first floor apartment situated within a gated development on St Marys Square, W2. Accessed from the first floor and arranged over approx. 765 sq ft, the accommodation comprises of an entrance hallway, living room, three bedrooms, bathroom and separate WC. Benefits include modern living, 2 balconies (the larger one to the front and small one to rear), gated development. No chain.

Local Authority: Westminster
Lease length: 86 years remaining
Service Charge: Approx. £2,900 per annum
Ground rent: £10 per annum

Agent Details

Intra Capital Estates, Westminster

020 8106 0753

Next Steps?

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