2 Bed Flat, Single Let, London, NW6 5NS, £375,000

Mortimer Crescent, St John's Wood, London, NW6 5NS - 4 months ago

BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£330K - £2.5M
Sold Prices/m²£5K/m² - £16.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£461,250
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,800 - £3,250

Rent Estimate

£1,900

Running Costs/mo

£1,572

Cashflow/mo

£328

Cashflow/yr

£3,938

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £330K to £2.5M, average is £581.5K. £5K/m² to £16.5K/m², average is £9.6K/m².

PriceDateDistanceAddressBeds 
£360K02/230 miFlat 5, Hillsborough Court, Mortimer Crescent, London, Greater London NW6 5NR2
£330K09/230.01 miFlat 73, Hillsborough Court, Mortimer Crescent, London, Greater London NW6 5NT2
£420K08/230.03 miFlat 2, Remsted House, Mortimer Crescent, London, Greater London NW6 5UT2
£440K12/200.07 miFlat 86, Kilburn Gate, Kilburn Priory, London, Greater London NW6 5UU2
£500K08/230.08 miFlat 75, Kilburn Gate, Kilburn Priory, London, Greater London NW6 5UX2
£450K11/200.19 miFlat 187, Dibdin House, Maida Vale, London, Greater London W9 1QQ2
£525K03/210.2 mi7j, Rowley Way, London, Greater London NW8 0SF2
£650K07/230.2 miFlat 2, Greville Hall, Greville Place, London, Greater London NW6 5JS2
£650K03/210.2 mi32a, Oxford Road, London, Greater London NW6 5SL2
£585K06/210.2 mi24a, Cambridge Avenue, London, Greater London NW6 5BA2
£550K07/230.24 miSecond Floor Flat, 17, Brondesbury Villas, London, Greater London NW6 6AH2
£423K02/210.24 miFlat 40, Dibdin House, Maida Vale, London, Greater London W9 1QE2
£400K06/230.26 miFlat 140, Dibdin House, Maida Vale, London, Greater London W9 1QG2
£677.5K01/230.27 miFlat 6, Elmfield House, Carlton Hill, London, Greater London NW8 9XB2
£925K04/230.27 miFlat B, 217, Goldhurst Terrace, London, Greater London NW6 3EP2
£635K02/210.29 miFlat 24, Knoll House, Carlton Hill, London, Greater London NW8 9XD2
£427.5K09/210.29 miFlat 18, Greenaway House, Boundary Road, London, Greater London NW8 0HT2
£710K09/210.29 mi8c, Carlton Vale, London, Greater London NW6 5EE2
£415K04/230.35 miFlat 38, Waltham House, Boundary Road, London, Greater London NW8 0JD2
£559K03/210.37 mi9, Algernon Road, London, Greater London NW6 6PU2
£430K05/210.37 mi15a, Kingsgate Road, London, Greater London NW6 4TD2
£575K03/210.38 mi50, Glengall Road, London, Greater London NW6 7EP2
£880K07/230.39 miSecond Floor Flat, 111, Greencroft Gardens, London, Greater London NW6 3PE2
£1.7M12/220.39 miBasement Flat, 44a, Marlborough Place, London, Greater London NW8 0PL2
£510K01/210.39 mi47a, Princess Road, London, Greater London NW6 5QT2
£490K04/230.41 mi108b - 108c, Brondesbury Villas, London, Greater London NW6 6AD2
£535K09/230.41 miFlat 26, Franklin House, Carlton Vale, London, Greater London NW6 5BZ2
£528K01/210.42 miFlat 22, West End Court, Priory Road, London, Greater London NW6 3NU2
£535K09/210.42 miFlat 20, West End Court, Priory Road, London, Greater London NW6 3NU2
£578K06/210.42 miFlat A, 10, Charteris Road, London, Greater London NW6 7ET2
£1.4M12/200.43 mi63, Brondesbury Road, London, Greater London NW6 6BP2
£860K06/210.44 mi46a, Belsize Road, London, Greater London NW6 4TG2
£560K05/210.45 miFirst Floor Flat, 88, Glengall Road, London, Greater London NW6 7ER2
£640K04/210.46 miFlat 1, 19, Cotleigh Road, London, Greater London NW6 2NL2
£545K01/210.46 miFirst Floor Flat B, 61, Messina Avenue, London, Greater London NW6 4LG2
£855K01/230.46 miFirst Floor Flat, 99, Victoria Road, Kilburn, London, Greater London NW6 6TD2
£850K02/210.46 mi97a, Victoria Road, London, Greater London NW6 6TD2
£560K11/230.48 miGround Floor Flat, 27, Gascony Avenue, London, Greater London NW6 4NB2
£700K03/210.5 miGround Floor Flat, 65, Charteris Road, London, Greater London NW6 7EY2
£935K04/240.51 mi8b, Dynham Road, London, Greater London NW6 2NR2
£625K09/230.53 miFlat D, 225, Elgin Avenue, London, Greater London W9 1NH2
£2.5M01/210.53 miBasement & Ground Floor Flat, 221, Elgin Avenue, London, Greater London W9 1NH2
£1.3M12/200.53 miFlat 79, Ashworth Mansions, Grantully Road, London, Greater London W9 1LN2
£739K01/210.54 miSecond Floor Flat, 77, Goldhurst Terrace, London, Greater London NW6 3HA2
£845K01/240.55 miFlat 4a, Ashworth Mansions, Elgin Avenue, London, Greater London W9 1JL2
£820.5K08/230.55 miFlat 9, Ashworth Mansions, Elgin Avenue, London, Greater London W9 1JL2
£565K06/230.56 miFlat C, 66, Goldhurst Terrace, London, Greater London NW6 3HT2
£900K05/230.57 mi24b, Hilltop Road, London, Greater London NW6 2PY2
£845K08/230.57 mi42a, Kingsley Road, London, Greater London NW6 7RJ2
£725K05/210.57 mi32a, Burton Road, London, Greater London NW6 7LW2

Local Rents

48 rents from £1.8K/mo to £3.3K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,38406/240 miHillsborough Court, St John's Wood, London, NW62
£2,00008/240 miMortimer Crescent, Kilburn, London, NW62
£2,10006/240.01 miHillsborough Court2
£2,49009/240.02 mi-2
£2,49008/240.02 miHillsborough Court, London, NW62
£2,38409/240.02 miMortimer Crescent, London2
£2,40012/240.02 mi-2
£2,15010/240.02 mi-2
£2,05006/240.02 miHillsborough Court, Mortimer Crescent, NW62
£2,00006/240.02 miHillsborough Court, Kilburn, London, NW62
£2,51806/240.02 mi-2
£2,10010/240.02 mi-2
£2,85010/240.02 mi-2
£2,25008/240.02 miHillsborough Court, London, NW62
£3,10008/240.02 miHillsborough Court, London, NW62
£2,38308/240.05 miMortimer Crescent, St. Johns Wood, London, NW62
£2,40010/240.05 mi-2
£2,40011/240.05 mi-2
£2,38308/240.05 miMortimer Crescent, Queens Park, St John's Wood, London, NW62
£1,90006/240.05 miMortimer Crescent, NW62
£1,90007/240.05 miMortimer Crescent, NW62
£2,38308/240.06 miMortimer Crescent, West Hampstead, NW62
£2,38307/240.06 miMortimer Crescent, London, NW62
£2,38009/240.06 mi-2
£2,38308/240.06 miMortimer Crescent, Belsize Park, NW62
£2,38308/240.06 miMortimer Crescent, Queens Park, St John's Wood, London, NW62
£2,38308/240.06 miMortimer Crescent, Queens Park, NW62
£2,95007/240.07 miGreville Road, London2
£2,50006/240.07 miGreville Road, St. John's Wood, NW62
£2,49207/240.08 miMortimer Crescent, St John's Wood, London, NW62
£2,29508/240.09 mi-2
£2,45008/240.09 mi-2
£2,10008/240.09 mi-2
£2,25011/240.09 mi-2
£2,10007/240.09 miSpringfield Lane, London, NW62
£1,80003/250.09 mi-2
£2,53507/240.09 miBelsize Road, Belsize Road2
£2,99907/240.11 mi* HEATING AND HOT WATER INCLUDED*Royal Langford Apartment, Greville Road, Maida Vale2
£2,89507/240.11 mi* HEATING AND HOT WATER INCLUDED*Royal Langford Apartment, Greville Road, Maida Vale2
£2,38307/240.11 miBelsize Road, West Hampstead2
£3,25008/240.11 miRoyal Langford, NW62
£3,25001/250.11 mi-2
£2,85008/240.12 miBolton Road, London, NW82
£2,85009/240.12 mi-2
£3,20006/240.14 mi-2
£3,20006/240.14 miGuildford House, London, NW62
£2,35006/240.14 mi-2
£2,35006/240.14 miFarndale House, London, NW62

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

3.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Price changed to £375,000

January 15, 2025

Listed for £400,000

December 6, 2024

Floor Plans

Description

  • 2 bedroom flat +
  • Purpose-built +
  • Ground floor +
  • Open-plan kitchen +
  • 2 well-proportioned bedrooms +
  • Communal courtyard +
  • Close to Kilburn High Road +

This great 2 bedroom apartment is located in an excellent purpose-built block centered around a communal courtyard, and boasts an open-plan living area with 2 well-proportioned bedrooms.

The property is found close to the amenities on Kilburn High Road, with the Overground station easily accessible.

Please use the reference CHPK0926447 when contacting Foxtons.

Agent Details

Foxtons, St Johns Wood

020 3889 9082

Next Steps?

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