4 Bed Flat, Planning Permission, London, NW4 3SP, £650,000

148A Station Road, London, Greater London, NW4 3SP - 4 months ago

Under Offer

Leasehold

Planning

~129 m²

+5 photos

ValuationUndervalued

Sold Prices	£177.5K - £7.5M
Sold Prices/m²	£2.5K/m² - £12.2K/m²

Square Metres	~129.26 m²
Price/m²	£5K/m²
Value Estimate	£799,500£799,500
BMV	23%

Investment Opportunity

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£162,500£162,500
Stamp Duty & Legal Fees	£40,700£40,700
Total Cash In	£203,200£203,200

Cash Out
Rent Range	£1,850 - £11,500£1,850 - £11,500
Rent Estimate	£1,922
Running Costs/mo	£2,436£2,436
Cashflow/mo	£-514£-514
Cashflow/yr	£-6,164£-6,164
Gross Yield	4%4%

Local Sold Prices

24 sold prices from £177.5K to £7.5M, average is £937.5K. £2.5K/m² to £12.2K/m², average is £6.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£470K	02/23	0.59 mi	First Floor Flat, 21, Sunny Gardens Road, London, Greater London NW4 1SL	-	-	4	Flat
£177.5K	03/21	1.11 mi	Ground Floor Flat, 8, St Marys Road, London, Greater London NW11 9UG	£2,483	72	4	Flat
£525K	08/21	1.14 mi	2, Aeroville, London, Greater London NW9 5JT	£4,730	111	4	Flat
£370K	10/20	1.63 mi	163, Beaufort Park, London, Greater London NW11 6DA	£3,936	94	4	Flat
£500K	08/23	1.73 mi	Flat 5, Sunrise View, The Rise, London, Greater London NW7 2LL	-	-	4	Flat
£875K	12/20	1.8 mi	27, Spencer Close, London, Greater London N3 3TX	£7,056	124	4	Flat
£1.6M	03/23	2.18 mi	11, Maurice Walk, London, Greater London NW11 6JX	-	-	4	Flat
£638K	11/20	2.27 mi	Flat 3, Wendover Court, Finchley Road, London, Greater London NW2 2PG	-	-	4	Flat
£510K	03/23	2.49 mi	44a, Manor Park Road, London, Greater London N2 0SJ	-	-	4	Flat
£7.5M	12/21	2.6 mi	Apartment 8, Inverforth House, North End Way, London, Greater London NW3 7EU	-	-	4	Flat
£350K	04/23	2.63 mi	Flat 2, Sayers House, The Grange, London, Greater London N2 8NJ	-	-	4	Flat
£730K	03/21	2.65 mi	11a, Mill Lane, London, Greater London NW6 1NT	£12,167	60	4	Flat
£1.6M	06/21	2.72 mi	2, Broomsleigh Street, London, Greater London NW6 1QW	-	-	4	Flat
£1.0M	01/24	2.74 mi	80, Cholmley Gardens, London, Greater London NW6 1UN	-	-	4	Flat
£1.9M	12/21	2.78 mi	First Floor Flat, 26, Bracknell Gardens, London, Greater London NW3 7ED	£11,491	161	4	Flat
£1.0M	08/23	2.8 mi	120, Cholmley Gardens, London, Greater London NW6 1AA	-	-	4	Flat
£1.5M	11/21	2.82 mi	Flat 2, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.4M	07/23	2.82 mi	Flat 8, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.6M	04/21	2.82 mi	Flat 16, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JP	-	-	4	Flat
£1.5M	02/23	2.82 mi	Flat 71, Marlborough Mansions, Cannon Hill, London, Greater London NW6 1JT	-	-	4	Flat
£810K	06/21	2.86 mi	Flat 5, Cumberland Mansions, West End Lane, London, Greater London NW6 1LL	-	-	4	Flat
£1.6M	03/23	2.92 mi	60a, Dennington Park Road, London, Greater London NW6 1BD	-	-	4	Flat
£590K	03/23	2.93 mi	24, Riverdene, Edgware, Greater London HA8 9TD	£5,728	103	4	Flat
£1.5M	05/24	2.97 mi	19a, Langland Gardens, London, Greater London NW3 6QE	£11,753	127	4	Flat

Local Rents

50 rents from £1.9K/mo to £11.5K/mo, average is £2.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,993	06/24	0 mi	Station Road, London, NW4	3	Flat
£2,100	06/24	0.05 mi	-	3	Flat
£2,750	02/24	0.09 mi	-	3	Semi-Detached House
£2,550	06/24	0.09 mi	-	3	Semi-Detached House
£3,250	06/24	0.09 mi	Edgeworth Avenue, Hendon	4	Detached House
£1,875	08/24	0.1 mi	Quadrant Close, Hendon, London, NW4	3	Flat
£1,950	08/24	0.1 mi	Quadrant Close ,The Burroughs, Hendon	3	Flat
£2,600	03/25	0.1 mi	-	3	Flat
£5,000	06/24	0.1 mi	Rundell Crescent, Hendon, NW4	4	Flat
£5,500	06/24	0.11 mi	Vaughan Avenue, Hendon, NW4	6	Flat
£2,000	07/24	0.11 mi	-	3	Flat
£2,800	06/24	0.11 mi	-	3	Flat
£4,000	01/25	0.12 mi	-	4	Semi-Detached House
£1,975	08/24	0.14 mi	Quadrant Close, Hendon, London, NW4	3	Flat
£11,500	07/24	0.14 mi	Edgeworth Crescent, London, NW4	5	Detached House
£2,102	07/24	0.14 mi	Watford Way, Hendon,NW4 3AU	3	Flat
£11,500	07/24	0.16 mi	Edgeworth Crescent, Hendon	5	Detached House
£3,400	07/24	0.17 mi	-	4	Semi-Detached House
£1,850	08/24	0.19 mi	Watford Way, Hendon Central	3	Flat
£2,100	06/24	0.19 mi	-	3	Flat
£1,850	08/24	0.19 mi	Queens Mansions, Watford Way, Hendon, NW4	3	Flat
£2,750	01/25	0.19 mi	-	3	Flat
£2,600	08/24	0.2 mi	Audley Road, London, NW4 3HG	3	Flat
£2,700	07/24	0.2 mi	Vivian Avenue, Hendon, NW4	4	Flat
£2,300	07/24	0.2 mi	Vivian Avenue, Hendon, London, NW4	3	Flat
£3,250	03/24	0.21 mi	Prothero Gardens, London, NW4	3	Terraced House
£6,000	06/24	0.21 mi	-	3	Flat
£6,000	06/24	0.21 mi	-	3	Flat
£2,800	10/24	0.21 mi	-	3	Flat
£4,500	07/24	0.21 mi	-	3	Flat
£3,250	08/24	0.21 mi	Prothero Gardens, Hendon, NW4	3	House
£3,500	02/24	0.22 mi	-	5	Terraced House
£3,500	02/24	0.22 mi	-	5	Terraced House
£3,500	10/24	0.22 mi	-	5	Terraced House
£3,000	11/24	0.22 mi	-	4	Semi-Detached House
£2,695	08/24	0.22 mi	Vivian Avenue, London, NW4	3	Flat
£2,850	09/24	0.22 mi	-	3	Flat
£3,000	08/24	0.23 mi	The Burroughs, Hendon, London	4	Terraced House
£2,599	02/24	0.23 mi	-	3	Semi-Detached House
£2,399	06/24	0.23 mi	-	3	Semi-Detached House
£2,750	03/25	0.23 mi	-	3	Semi-Detached House
£2,599	03/25	0.23 mi	-	3	Semi-Detached House
£2,150	06/24	0.24 mi	Brampton Grove London NW4	3	Flat
£2,150	06/24	0.24 mi	Brampton Grove, Hendon, NW4	3	Flat
£1,975	06/24	0.25 mi	-	3	Flat
£2,500	07/24	0.25 mi	Endersleigh Gardens, London	4	Semi-Detached House
£2,599	06/24	0.26 mi	Rickard Close, London, NW4	3	Detached House
£2,500	06/24	0.27 mi	-	3	Semi-Detached House
£3,900	06/24	0.27 mi	Hollyview Close, London	5	Flat
£4,500	08/24	0.27 mi	Talbot Crescent, Hendon, London	4	Detached House

Local Area Statistics

Population in NW4	31,74531,745
Population in London	4,771,9214,771,921
Town centre distance	6.70 miles away6.70 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.27 miles away0.27 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+15%+15%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+8%+8%

Property History

Listed for £650,000

December 10, 2024

Sold for £146,000

1998

Floor Plans

Description

1378 SQFT Flat +
Four Bedrooms +
Private Patio Garden +
Off Street Parking +
Potential to Extend STPP +
Sole Agency +

Orient Estates are pleased to present this stunning large ( 1378 sqft) four bedroom flat. Benefiting from three double bedrooms, a separate kitchen, off street parking and direct access to a private patio garden. The property has potential to extend into the loft subject to planning permission. Located within walking distance to Hendon Central Underground. Sole Agency

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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