2 Bed Flat, Refurb/BRRR, London, NW1 6UE, £900,000

Shroton Street, Marylebone, NW1 6UE - 17 views - 4 months ago

Refurb/BRRR
~112 m²

ValuationUndervalued

Sold Prices£250K - £1.8M
Sold Prices/m²£7.9K/m² - £17.9K/m²

 

 

Square Metres

~112.10 m²
Price/m²£8K/m²

Value Estimate

£927,000
BMV3%

 

 

End Value (After Refurb)

£1,562,933

Uplift in Value

+74%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£59,305

Bridging Loan Interest

£23,625

Total Cash In

£370,380

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,562,933

Agent Fees (1%)

£15,629

Bridging Loan

£675,000

Bridging Loan Interest

£23,625

Flip Profit

£501,924

Local Sold Prices

51 sold prices from £250K to £1.8M, average is £780K. £7.9K/m² to £17.9K/m², average is £14.1K/m².

PriceDateDistanceAddressBeds 
£660K12/200.01 miFlat 6, Cosway Mansions, Shroton Street, London, Greater London NW1 6UE2
£475K01/210.12 miFlat 12, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£250K03/230.12 miFlat 10, Cotes House, Ashbridge Street, London, Greater London NW8 8DG2
£680K08/210.13 miFlat 25, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£467.5K10/230.13 miFlat 22, Wimborne House, Harewood Avenue, London, Greater London NW1 6NU2
£398K10/200.14 mi63a, Lisson Street, London, Greater London NW1 5DA2
£550K09/230.14 miFlat 16, Farnham House, Harewood Avenue, London, Greater London NW1 6NT2
£720K04/230.17 miFlat 20, Mordern House, Harewood Avenue, London, Greater London NW1 6NR2
£550K09/230.18 mi11c, Penfold Street, London, Greater London NW1 6RU2
£360K08/230.19 mi3d, Gateforth Street, London, Greater London NW8 8EH2
£905K09/210.2 mi25a, Harcourt Street, London, Greater London W1H 4HN2
£990K09/220.2 miFirst And Second Floor Flat, 2, Harcourt Street, London, Greater London W1H 4EX2
£507.5K03/210.21 miFirst Floor Flat, 59, Balcombe Street, London, Greater London NW1 6HD2
£675K10/230.22 mi3, Linhope Street, London, Greater London NW1 6ES2
£775K08/230.25 miFlat 16, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£810K09/230.25 miFlat 13, Crawford Mansions, Crawford Street, London, Greater London W1H 4JU2
£1.1M06/210.28 miFlat 77, Clarewood Court, Crawford Street, London, Greater London W1H 2NW2
£780K02/230.28 miFlat 40, Clarewood Court, Seymour Place, London, Greater London W1H 2NL2
£950K02/210.28 miFlat 118, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£638K03/230.28 miFlat 115, Rossmore Court, Park Road, London, Greater London NW1 6XZ2
£735K06/210.3 miFlat 66, Dorset House, Gloucester Place, London, Greater London NW1 5AE2
£1.4M09/230.3 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£1.4M09/230.3 miFlat B, 30, Upper Montagu Street, London, Greater London W1H 1RP2
£685K01/210.3 miFlat 189, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6AR2
£520K02/210.32 miFlat 14, Princess Court, Bryanston Place, London, Greater London W1H 2DF2
£975K06/210.32 miFlat 12, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£970K06/230.32 miFlat 7, Sherwood Court, Seymour Place, London, Greater London W1H 5TH2
£610K03/230.34 miSecond Floor Flat, 14, Crawford Street, London, Greater London W1H 1BP2
£1.2M01/210.35 mi15, Montagu Mews North, London, Greater London W1H 2JR2
£575K06/210.35 miFlat 157, Park West, Edgware Road, London, Greater London W2 2QP2
£750K11/220.36 miFlat 1, Harrowby Court, Harrowby Street, London, Greater London W1H 5FA2
£1.2M01/230.36 miFlat 36, Chalfont Court, Baker Street, London, Greater London NW1 5RS2
£850K06/220.38 mi9, Montagu Mansions, London, Greater London W1U 6LB2
£1.1M04/230.38 miFlat 7, Bryan Court, Seymour Place, London, Greater London W1H 2NE2
£1.1M08/210.39 miFlat 66, Abbey Lodge, Park Road, London, Greater London NW8 7RL2
£1.6M11/220.4 mi20, Bryanston Mews East, London, Greater London W1H 2DB2
£850K10/230.42 miFlat B, 12, Montagu Row, London, Greater London W1U 6ED2
£1.8M03/210.42 mi68, Montagu Mansions, London, Greater London W1U 6LE2
£1.6M06/210.42 mi76, Montagu Mansions, London, Greater London W1U 6LE2
£1.3M08/230.42 mi51, Montagu Mansions, London, Greater London W1U 6LD2
£645K10/230.44 miFlat 20, York Mansions, Chiltern Street, London, Greater London W1U 5AL2
£570K06/210.45 miFront Basement Flat, 11, Montagu Square, London, Greater London W1H 2LD2
£825K10/210.45 mi61, The Quadrangle, London, Greater London W2 2RR2
£475K08/230.46 miFlat 20, Helsby Court, Pollitt Drive, London, Greater London NW8 8JQ2
£675K04/230.47 miFlat 135, Park West, Edgware Road, London, Greater London W2 2QP2
£1.7M06/230.47 miPenthouse G, St. Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£835K01/240.47 miFlat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London NW8 8QT2
£790K01/230.49 miFlat 106, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£800K10/230.49 miFlat 98, Lords View, St Johns Wood Road, London, Greater London NW8 7HG2
£780K01/210.49 mi4a, Norfolk Place, London, Greater London W2 1QN2
£1.0M08/210.49 miFlat 73, Clifton Court, Northwick Terrace, London, Greater London NW8 8HX2

Local Rents

50 rents from £2.2K/mo to £7.8K/mo, average is £3.2K/mo.

RentDateDistanceAddressBeds 
£3,58012/240 mi-2
£2,35001/250 mi-2
£2,38306/240.04 miBell Street, Marylebone, London, NW12
£2,38306/240.04 miBendall House, 89 Bell Street, Marylebone, London, NW12
£4,00012/240.04 mi-2
£3,70012/240.04 mi-2
£3,10002/250.04 mi-2
£7,85003/250.04 mi-2
£3,10002/250.04 mi-2
£3,59001/250.04 mi-2
£3,68406/240.04 miStalbridge Street, Lisson Grove, London, NW12
£2,38306/240.06 miBell Street London NW12
£4,13806/240.06 miHayes Place, London, NW12
£3,70006/240.06 miHayes Place, London, NW12
£5,20006/240.06 mi-2
£2,49206/240.06 mi29A Daventry Street, London2
£5,50012/240.07 mi-2
£4,50012/240.07 mi-2
£4,50012/240.07 mi-2
£3,10002/250.07 mi-2
£3,50002/250.07 mi-2
£2,49006/240.07 mi-2
£2,49212/240.07 mi-2
£2,49006/240.07 miDaventry Street, London, NW12
£2,49206/240.07 miDaventry Street, London, NW12
£2,50006/240.08 mi-2
£2,75006/240.08 miPortman Gate, 104 Lisson Grove, Marylebone NW1 6LW2
£2,24906/240.09 miCosway Street, Marylebone, NW12
£3,30012/240.09 mi-2
£3,30012/240.09 mi-2
£3,20004/250.09 mi-2
£3,10003/250.09 mi-2
£3,44506/240.09 miWaterdale Manor House, 20 Harewood Avenue, Marylebone, London, NW12
£2,81706/240.09 miBroadley Terrace Marylebone NW12
£2,90012/240.1 mi-2
£3,30012/240.1 mi-2
£3,30012/240.1 mi-2
£3,30012/240.1 mi-2
£2,95012/240.1 mi-2
£3,03406/240.1 miHarewood Avenue, Lisson Grove, London, NW12
£2,50006/240.1 miBell Street, Westminster, NW12
£4,22506/240.1 miMarylebone Road London NW12
£3,14206/240.1 miBroadley Terrace, London, NW12
£2,85010/240.1 mi-2
£4,22506/240.11 miMarylebone Road, Marylebone2
£4,20006/240.11 mi-2
£2,81706/240.11 miBroadley Street, Marylebone, NW82
£3,45012/240.11 mi-2
£3,45012/240.11 mi-2
£2,81706/240.11 miBroadley Street, London, NW82

Local Area Statistics

Population in NW1

60,294

Population in London

4,771,921

Town centre distance

2.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

-4%

Property History

Price changed to £900,000

January 11, 2025

Listed for £950,000

December 5, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Reception Room +
  • Kitchen- Dining Room +
  • Top Floor Walk Up +
  • Lease 999 years from 1998 +
  • 1206 square feet +

A bright apartment with two double bedrooms. Located on the top floor of an 1895 built building. The apartment occupies a prominent corner position and requires modernisation.

Located moments from Marylebone Road, Edgware Road and Baker Street Stations. The canal side amenities of Paddington Basin are a short walk away.

Tenure: Share Of Freehold Lease Years Remaining: 972
Service Charge: £3,995
Annual Ground Rent: £0
Council Tax Band: F

Information contained within this listing is for guidance only and should be checked and confirmed (prior to proceeding).

Agent Details

Dexters, Marylebone

020 7224 5544

Next Steps?

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