2 Bed Flat, Single Let, London, NW4 3JJ, £300,000

Parade Mansions, Hendon Central, NW4 3JJ - 4 months ago

Leasehold
BTL
ROI: 5%
~63 m²
+1 photos

ValuationUndervalued

Sold Prices£147.9K - £924K
Sold Prices/m²£3K/m² - £9.2K/m²

 

 

Square Metres

~62.99 m²
Price/m²£4.8K/m²

Value Estimate

£359,154
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,450 - £4,000

Rent Estimate

£1,700

Running Costs/mo

£1,298

Cashflow/mo

£403

Cashflow/yr

£4,830

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £147.9K to £924K, average is £371.3K. £3K/m² to £9.2K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£340K12/220.01 miFlat 54, Parade Mansions, Watford Way, London, Greater London NW4 3JJ2
£330K12/220.07 miFlat 30, Park Mansions, Vivian Avenue, London, Greater London NW4 3UU2
£260K09/230.16 miFlat 11, Kennyland Court, Hendon Way, London, Greater London NW4 3LU2
£345K08/230.23 mi224a, Hendon Way, London, Greater London NW4 3NE2
£400K04/210.33 mi159b, Park Road, London, Greater London NW4 3TH2
£225K09/230.34 miFlat 88, Upper Fosters, New Brent Street, London, Greater London NW4 2DN2
£416K12/220.35 mi140, Park Road, London, Greater London NW4 3TL2
£260K12/230.35 mi15, St Peters Court, London, Greater London NW4 2HG2
£360K01/210.42 mi35, Malcolm Crescent, London, Greater London NW4 4PL2
£347K12/220.42 mi26, Malcolm Crescent, London, Greater London NW4 4PL2
£310K01/210.42 miFlat 12, Sentinel House, Sentinel Square, London, Greater London NW4 2EN2
£420K12/230.44 miBurnham Court, Flat 3, Brent Street, London, Greater London NW4 2RE2
£297K11/200.44 mi60, Edgeworth Close, London, Greater London NW4 4HN2
£325K01/210.45 mi47, Edgeworth Close, London, Greater London NW4 4HN2
£372.5K01/240.47 mi45a, Algernon Road, London, Greater London NW4 3SY2
£325K12/200.48 miFlat 21, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£340K04/230.48 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£905K07/230.49 miFlat 13, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£900K07/230.49 miFlat 27, Ambassador Court, Century Close, London, Greater London NW4 2EE2
£335K06/210.54 mi9a, Selborne Gardens, London, Greater London NW4 4SH2
£924K12/200.55 mi65, Green Lane, London, Greater London NW4 2AG2
£225K11/200.56 miFlat 4, Hendon House, Brent Street, London, Greater London NW4 2NR2
£435K03/210.56 miFlat 2, Hendon House, Brent Street, London, Greater London NW4 2NR2
£407.5K02/210.58 miFlat 3, Pembroke Hall, Mulberry Close, London, Greater London NW4 1QW2
£345K06/210.58 mi13a, Dallas Road, London, Greater London NW4 3JB2
£370K09/230.58 mi53a, Dallas Road, London, Greater London NW4 3JB2
£375K06/230.6 miFlat 39, Danescroft, Brent Street, London, Greater London NW4 2QH2
£390K03/210.61 miFlat 4, Thurlby Croft, Mulberry Close, London, Greater London NW4 1QP2
£400K01/230.61 miFlat 37, Danescroft, Brent Street, London, Greater London NW4 2QH2
£315K05/210.64 mi11a, Albert Road, London, Greater London NW4 2SH2
£500K06/210.65 miFlat 4, Brentwood Lodge, Holmdale Gardens, London, Greater London NW4 2LY2
£372.5K12/230.67 mi25, Woodburn Close, London, Greater London NW4 2NF2
£455K02/210.67 mi69, Sunny Gardens Road, London, Greater London NW4 1SJ2
£218K12/200.67 miFirst Floor Flat, 196a, West Hendon Broadway, London, Greater London NW9 7EE2
£300K12/220.71 miFlat 10, Oakfield Court, Hendon Way, London, Greater London NW2 1JR2
£470K02/210.76 miFlat 19, Edinburgh House, Tenterden Grove, London, Greater London NW4 1TL2
£500K06/210.78 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£615K04/240.79 miDolphin Court, Flat 26, Woodlands, London, Greater London NW11 9QY2
£575K01/210.79 miFlat 28, Dolphin Court, Woodlands, London, Greater London NW11 9QY2
£507.5K11/230.79 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£561.5K02/210.79 miFlat 34, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2
£360K11/220.8 mi15, Wilshaw Close, London, Greater London NW4 4TU2
£375K06/210.8 mi32, Wilshaw Close, London, Greater London NW4 4TU2
£430K03/230.8 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£600K04/210.81 miFlat 18, Dolphin Court, Woodlands, London, Greater London NW11 9QY2
£310K10/230.86 miFlat 11, Buckingham Court, Watford Way, London, Greater London NW4 4TD2
£147.9K11/210.87 miFlat 18, Rushgrove Court, Rushgrove Avenue, London, Greater London NW9 6RH2
£350K02/210.88 mi4c, Sunningfields Crescent, London, Greater London NW4 4RD2
£370K11/200.9 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.9 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2

Local Rents

50 rents from £1.4K/mo to £4K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,45007/240.01 miParade Mansions, Watford Way, London, NW42
£2,00008/240.03 mi-2
£2,30010/240.03 mi-2
£2,50011/240.03 mi-2
£2,40011/240.03 mi-2
£2,00011/240.03 mi-2
£2,30011/240.03 mi-2
£1,55011/240.06 mi-2
£2,00004/250.06 mi-2
£1,70006/240.06 miWatford Way, London, NW42
£1,70007/240.06 miWatford Way, London, NW42
£1,77508/240.07 miVivian Avenue, Hendon2
£1,70006/240.1 miVivian Avenue, London2
£1,75006/240.1 mi-2
£3,90006/240.11 miWykeham Road, London2
£4,00006/240.11 mi-2
£1,77510/240.11 mi-2
£1,72512/240.11 mi-2
£1,70001/250.11 mi-2
£2,75001/250.11 mi-2
£1,69907/240.12 miWykeham Road, Hendon NW4 2
£2,30008/240.14 mi-2
£1,95007/240.15 mi-2
£1,80001/250.15 mi-2
£1,95007/240.15 miHendon Park Mansions, London, NW42
£1,80007/240.16 miVivian Avenue, London2
£3,60010/240.16 mi-2
£3,60001/250.16 mi-2
£2,30004/250.16 mi-2
£2,20004/250.16 mi-2
£1,85006/240.16 mi-2
£2,45004/250.16 mi-2
£1,95004/250.16 mi-2
£1,99806/240.17 miNeeld Crescent, London, NW42
£2,95008/240.17 miNeeld Crescent, London, NW42
£1,85006/240.17 mi-2
£1,90003/250.17 mi-2
£1,90001/250.17 mi-2
£1,90003/250.17 mi-2
£1,90004/250.17 mi-2
£1,85006/240.17 miVivian Avenue, Hendon, London2
£2,00007/240.18 mi-2
£2,10010/240.18 mi-2
£2,20004/250.18 mi-2
£2,20004/250.18 mi-2
£2,00007/240.18 miVivian Avenue, Hendon, London, NW42
£2,50011/240.19 mi-2
£1,80308/240.19 miBrampton Grove, Hendon, NW4 4BU2
£2,40004/250.19 mi-2
£2,05006/240.2 miStation Road, London, NW42

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Price changed to £300,000

February 24, 2025

Listed for £325,000

December 10, 2024

Floor Plans

Description

  • Large Two Bedroom Apartment +
  • Two Double Bedrooms +
  • Separate Kitchen +
  • Close to Hendon Central Underground Station +
  • Chain Free +
  • Sole Agents +

Orient Estates are please to present this bright and spacious two double bedroom apartment. Benefiting from a large reception room, two double bedrooms. The property is located in the heart of Hendon Central. Offered Chain free. Sole Agents.

what3words /// froze.curiosity.whites

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Orient Estates, London

020 4538 4971

Next Steps?

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