4 Bed Flat, Single Let, London, NW8 8TL, £519,950

Paveley Street, London, NW8 8TL - 11 views - 4 months ago

Leasehold

BTL

ROI: 11%

~129 m²

+4 photos

ValuationUndervalued

Sold Prices	£782.5K - £5.3M
Sold Prices/m²	£10.3K/m² - £16.8K/m²

Square Metres	~129.26 m²
Price/m²	£4K/m²
Value Estimate	£634,339£634,339
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£129,988£129,988
Stamp Duty & Legal Fees	£30,296£30,296
Total Cash In	£160,284£160,284

Cash Out
Rent Range	£890 - £108,333£890 - £108,333
Rent Estimate	£3,900
Running Costs/mo	£2,425£2,425
Cashflow/mo	£1,475£1,475
Cashflow/yr	£17,702£17,702
ROI	11%11%
Gross Yield	9%9%

Local Sold Prices

26 sold prices from £782.5K to £5.3M, average is £2.1M. £10.3K/m² to £16.8K/m², average is £14K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£3.6M	06/21	0.16 mi	Flat 36, Abbey Lodge, Park Road, London, Greater London NW8 7RJ	£14,008	261	4	Flat
£990K	02/21	0.22 mi	Flat 2e, Hyde Park Mansions, Chapel Street, London, Greater London NW1 5BL	-	-	4	Flat
£1.7M	08/21	0.25 mi	Flat 76, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6QR	-	-	4	Flat
£982K	06/21	0.26 mi	Flat 22, Melcombe Court, Dorset Square, Marylebone, London, Greater London NW1 6EP	-	-	4	Flat
£1.8M	04/21	0.33 mi	Flat 166, Chiltern Court, Baker Street, London, Greater London NW1 5SW	£10,307	175	4	Flat
£2.1M	01/21	0.34 mi	Flat 123, Berkeley Court, Marylebone Road, London, Greater London NW1 5NE	-	-	4	Flat
£2.2M	05/23	0.44 mi	Flat 3e, Portman Mansions, Chiltern Street, London, Greater London W1U 5AN	-	-	4	Flat
£2.5M	02/21	0.47 mi	Flat 89, North Gate, Prince Albert Road, London, Greater London NW8 7EJ	-	-	4	Flat
£2.8M	02/21	0.47 mi	Flat 61, North Gate, Prince Albert Road, London, Greater London NW8 7EH	-	-	4	Flat
£2.4M	02/21	0.48 mi	Flat 31, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DY	-	-	4	Flat
£2.5M	08/23	0.48 mi	Flat 10m, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BG	-	-	4	Flat
£1.2M	01/24	0.5 mi	Flat 12f, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BB	-	-	4	Flat
£2.9M	12/20	0.53 mi	Ground Floor Flat, 83 - 86, Prince Albert Road, London, Greater London NW8 7RU	-	-	4	Flat
£2.1M	06/21	0.54 mi	Flat 6, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£1.8M	09/23	0.54 mi	Flat 8, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£782.5K	12/20	0.55 mi	Flat 4, Robin House, Barrow Hill Estate, London, Greater London NW8 7AD	-	-	4	Flat
£5.3M	06/23	0.64 mi	Flat 25, Harley House, Marylebone Road, London, Greater London NW1 5HE	-	-	4	Flat
£1.4M	02/21	0.64 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£2.7M	03/21	0.64 mi	Flat 50, South Lodge, Circus Road, London, Greater London NW8 9ET	-	-	4	Flat
£1.7M	03/23	0.66 mi	Flat 41, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	4	Flat
£1.4M	02/21	0.67 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£1.1M	03/23	0.69 mi	Flat 155, Park West, Edgware Road, London, Greater London W2 2QP	£11,111	99	4	Flat
£950K	06/21	0.69 mi	Flat 36, Stourcliffe Close, Stourcliffe Street, London, Greater London W1H 5AR	-	-	4	Flat
£2.3M	01/21	0.77 mi	Flat 22, Vale Court, Maida Vale, London, Greater London W9 1RT	-	-	4	Flat
£3.0M	03/21	0.78 mi	4, Randolph Crescent, London, Greater London W9 1DR	£14,874	199	4	Flat
£3.8M	01/21	0.88 mi	7, Chester Place, London, Greater London NW1 4NB	£16,848	227	4	Flat

Local Rents

50 rents from £890/mo to £108.3K/mo, average is £6.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£4,983	06/24	0.01 mi	Alberts Court, Palgrave Gardens, London NW1	3	Flat
£4,225	06/24	0.05 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£3,900	06/24	0.05 mi	Hanover Gate Mansions, Regents Park, NW1	3	Flat
£4,000	06/24	0.06 mi	Rossmore Court, Park Road, London NW1	3	Flat
£8,870	08/24	0.07 mi	1 143 Park Road, London, NW8	5	Flat
£4,250	12/24	0.07 mi	-	3	Flat
£3,501	07/24	0.08 mi	Paveley Street, London	4	Flat
£890	09/24	0.09 mi	-	4	Flat
£73,667	06/24	0.09 mi	Hanover Terrace, Regents Park	5	Flat
£4,225	06/24	0.09 mi	Palgrave Gardens, London, NW1	3	Flat
£4,008	06/24	0.09 mi	Palgrave Gardens, London	3	Flat
£5,000	06/24	0.09 mi	Boston Place, Marylebone, NW1	3	Terraced House
£4,697	06/24	0.09 mi	Boston Place, London, NW1	3	Terraced House
£3,900	06/24	0.1 mi	-	4	Flat
£5,300	06/24	0.1 mi	-	3	Flat
£3,900	12/24	0.1 mi	-	3	Terraced House
£6,392	06/24	0.11 mi	Harewood Avenue, Marylebone, London, NW1	3	Flat
£23,205	06/24	0.11 mi	Park Road, London	5	Flat
£20,345	08/24	0.11 mi	Park Road, London	5	Flat
£20,345	08/24	0.11 mi	Park Road, London, NW8	5	Flat
£5,174	06/24	0.11 mi	Huntsworth Mews, London, NW1	3	Terraced House
£5,612	03/25	0.11 mi	Huntsworth Mews, London, NW1	3	Terraced House
£5,178	06/24	0.11 mi	-	3	Terraced House
£8,333	03/25	0.11 mi	-	3	Terraced House
£20,345	08/24	0.11 mi	Park Road, London, NW8	5	Flat
£20,345	08/24	0.11 mi	Park Road, Marylebone	5	Flat
£4,350	09/24	0.12 mi	-	4	Flat
£73,667	06/24	0.12 mi	Hanover Terrace, St Johns Wood, NW1, NW1	5	Terraced House
£6,284	06/24	0.13 mi	Huntsworth Mews, Marylebone, London, NW1	3	Flat
£4,745	06/24	0.13 mi	Park Road, Marylebone, London, NW1	3	Flat
£75,833	06/24	0.13 mi	Hanover Terrace, Regent's Park NW1	5	Flat
£73,667	06/24	0.13 mi	Hanover Terrace, Regent's Park NW1	5	Flat
£75,833	06/24	0.13 mi	Hannover Terrace, Marylebone	5	Detached House
£73,667	06/24	0.14 mi	Hanover Terrace, Regent's Park NW1	7	Flat
£75,833	06/24	0.14 mi	Hanover Terrace, NW1	5	Flat
£75,833	06/24	0.14 mi	Hanover Terrace, Regent's Park, London, NW1	6	Terraced House
£75,833	06/24	0.14 mi	Hanover Terrace, Regent's Park, NW1	7	Terraced House
£75,833	06/24	0.14 mi	Hanover Terrace, London, NW1	5	Terraced House
£108,333	06/24	0.14 mi	Hanover Terrace, London, NW1	5	Terraced House
£4,200	10/24	0.14 mi	-	4	Flat
£3,900	07/24	0.14 mi	-	4	Flat
£36,617	06/24	0.14 mi	Hanover Terrace, Regent's Park, NW1	6	Terraced House
£7,258	06/24	0.14 mi	Harewood Avenue, Marylebone	4	Flat
£75,833	06/24	0.14 mi	Hanover Terrace, Regents Park, London, NW1	5	Terraced House
£4,500	08/24	0.14 mi	Park Road, St Johns Wood	3	Flat
£4,500	08/24	0.14 mi	Park Lorne, Park Road, St Johns Wood	3	Flat
£4,600	08/24	0.14 mi	-	4	Terraced House
£6,750	06/24	0.14 mi	Dorset House, Gloucester Place, Marylebone, London, NW1	3	Flat
£75,833	06/24	0.15 mi	Hanover Terrace Regents Park NW1	7	Flat
£73,667	06/24	0.15 mi	Hanover Terrace, Regents Park, London NW1	5	Terraced House

Local Area Statistics

Population in NW8	33,80233,802
Population in London	4,771,9214,771,921
Town centre distance	2.51 miles away2.51 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.25 miles away0.25 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-22%-22%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-13%-13%

Property History

Listed for £519,950

December 5, 2024

Floor Plans

Description

4 Double Bedrooms +
Ex Local Authority +
Close to Marylebone and Baker Street Stations +
Large and spacious +
Excellent Rental Investment of Home +
Balcony +

Presenting a good-sized flat for sale in Marylebone. The property is situated on Paveley Street in an ex-local authority block and comprises 4 bedrooms and 2 bathrooms (1 has a separate WC). This spacious property covers 1,156 sq ft of living space and is situated on the second and third floors.

The property boasts high ceilings, big windows, a private balcony and a very central location, good transport links, and a good choice of local shops and restaurants.

This property would make for an ideal home or a great investment and is within walking distance of Marylebone and Baker Street tube stations.

Agent Details

Ultra Estates, London

020 3905 5829

Next Steps?

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

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