4 Bed Flat, Refurb/BRRR, London, NW1 5BG, £1,500,000

Hyde Park Mansions, Cabbell Street, NW1 5BG - 3 views - 4 months ago

Leasehold

Refurb/BRRR

~215 m²

+9 photos

ValuationFair Value

Sold Prices	£782.5K - £5.3M
Sold Prices/m²	£10.3K/m² - £14.9K/m²

Square Metres	~214.61 m²
Price/m²	£7K/m²
Value Estimate	£1,530,000£1,530,000

End Value (After Refurb)	£2,796,648£2,796,648
Uplift in Value	+86%+86%
You could potentially get back more cash than you put into this deal. All your cash out plus £275,376 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£375,000£375,000
Stamp Duty & Legal Fees	£167,450£167,450
Refurb Costs	£113,536£113,536
Bridging Loan Interest	£39,375£39,375
Total Cash In	£697,111£697,111

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£2,796,648£2,796,648
Agent Fees (1%)	£27,966£27,966
Bridging Loan	£1,125,000£1,125,000
Bridging Loan Interest	£39,375£39,375
Flip Profit	£946,571£946,571

Local Sold Prices

25 sold prices from £782.5K to £5.3M, average is £2.1M. £10.3K/m² to £14.9K/m², average is £12.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£2.5M	08/23	0 mi	Flat 10m, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BG	-	-	4	Flat
£1.2M	01/24	0.03 mi	Flat 12f, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BB	-	-	4	Flat
£1.1M	03/23	0.26 mi	Flat 155, Park West, Edgware Road, London, Greater London W2 2QP	£11,111	99	4	Flat
£1.4M	02/21	0.27 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£1.4M	02/21	0.28 mi	Flat 18, Fursecroft, George Street, London, Greater London W1H 5LF	-	-	4	Flat
£990K	02/21	0.3 mi	Flat 2e, Hyde Park Mansions, Chapel Street, London, Greater London NW1 5BL	-	-	4	Flat
£950K	06/21	0.31 mi	Flat 36, Stourcliffe Close, Stourcliffe Street, London, Greater London W1H 5AR	-	-	4	Flat
£982K	06/21	0.32 mi	Flat 22, Melcombe Court, Dorset Square, Marylebone, London, Greater London NW1 6EP	-	-	4	Flat
£1.7M	08/21	0.44 mi	Flat 76, Clarence Gate Gardens, Glentworth Street, London, Greater London NW1 6QR	-	-	4	Flat
£2.1M	01/21	0.45 mi	Flat 123, Berkeley Court, Marylebone Road, London, Greater London NW1 5NE	-	-	4	Flat
£1.7M	03/23	0.46 mi	Flat 41, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ	-	-	4	Flat
£1.8M	04/21	0.5 mi	Flat 166, Chiltern Court, Baker Street, London, Greater London NW1 5SW	£10,307	175	4	Flat
£2.2M	05/23	0.52 mi	Flat 3e, Portman Mansions, Chiltern Street, London, Greater London W1U 5AN	-	-	4	Flat
£2.1M	06/21	0.53 mi	Flat 6, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£1.8M	09/23	0.53 mi	Flat 8, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL	-	-	4	Flat
£3.6M	06/21	0.61 mi	Flat 36, Abbey Lodge, Park Road, London, Greater London NW8 7RJ	£14,008	261	4	Flat
£3.0M	03/21	0.76 mi	4, Randolph Crescent, London, Greater London W9 1DR	£14,874	199	4	Flat
£5.3M	06/23	0.83 mi	Flat 25, Harley House, Marylebone Road, London, Greater London NW1 5HE	-	-	4	Flat
£2.3M	01/21	0.88 mi	Flat 22, Vale Court, Maida Vale, London, Greater London W9 1RT	-	-	4	Flat
£2.4M	02/21	0.88 mi	Flat 31, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DY	-	-	4	Flat
£2.5M	02/21	0.9 mi	Flat 89, North Gate, Prince Albert Road, London, Greater London NW8 7EJ	-	-	4	Flat
£2.8M	02/21	0.9 mi	Flat 61, North Gate, Prince Albert Road, London, Greater London NW8 7EH	-	-	4	Flat
£2.7M	03/21	0.91 mi	Flat 50, South Lodge, Circus Road, London, Greater London NW8 9ET	-	-	4	Flat
£782.5K	12/20	0.97 mi	Flat 4, Robin House, Barrow Hill Estate, London, Greater London NW8 7AD	-	-	4	Flat
£2.9M	12/20	0.97 mi	Ground Floor Flat, 83 - 86, Prince Albert Road, London, Greater London NW8 7RU	-	-	4	Flat

Local Rents

50 rents from £2K/mo to £7.9K/mo, average is £5.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£7,949	06/24	0 mi	Cabbell Street, London, NW1	4	Flat
£6,500	06/24	0.01 mi	Hyde Park Mansions, Cabbell Street, NW1	5	Flat
£6,283	06/24	0.02 mi	Cabbell Street, London	4	Flat
£6,600	12/24	0.02 mi	-	6	Flat
£5,300	06/24	0.03 mi	-	4	Flat
£5,300	06/24	0.03 mi	Hyde Park Mansions, London, NW1	4	Flat
£3,795	06/24	0.03 mi	Transept Street, London, NW1	5	Flat
£5,500	06/24	0.03 mi	Transept Street, Marylebone, London	4	Flat
£5,300	06/24	0.03 mi	Transept Street Marylebone NW1	4	Flat
£5,300	06/24	0.03 mi	Transept Street Marylebone NW1	4	Flat
£5,300	06/24	0.03 mi	Transept Street, NW1	4	Flat
£5,499	06/24	0.03 mi	Hyde Park Mansions, NW1	4	Flat
£5,100	06/24	0.03 mi	-	4	Flat
£5,350	12/24	0.03 mi	-	4	Flat
£4,767	06/24	0.03 mi	Hyde Park Mansions, Cabbell Street	4	Flat
£4,117	06/24	0.03 mi	Cabbell Street Marylebone NW1	4	Flat
£4,117	06/24	0.03 mi	Chapel Street, Marylebone, London, NW1	3	Flat
£4,117	06/24	0.03 mi	Chapel Street, Marylebone, London, NW1	3	Flat
£4,767	06/24	0.03 mi	Cabbell Street, London, NW1	4	Flat
£4,767	06/24	0.03 mi	Cabbell Street London NW1	4	Flat
£5,300	06/24	0.03 mi	Transept Street, Marylebone, London, NW1	4	Flat
£4,117	06/24	0.04 mi	Chapel Street London NW1	3	Flat
£4,117	06/24	0.04 mi	Chapel Street London NW1	3	Flat
£5,499	06/24	0.04 mi	Transept Street, London, NW1	4	Flat
£2,000	11/24	0.05 mi	-	3	Flat
£2,200	04/25	0.05 mi	-	3	Flat
£2,200	03/25	0.05 mi	Edgware Road, London, W2	3	Flat
£6,500	06/24	0.05 mi	Cabbell Street, Marylebone, London, NW1	4	Flat
£3,683	06/24	0.05 mi	Chapel Street, London	3	Flat
£2,300	10/24	0.05 mi	-	3	Flat
£4,200	12/24	0.07 mi	-	3	Flat
£4,300	06/24	0.09 mi	Old Marylebone Road, London, NW1	3	Flat
£4,300	12/24	0.09 mi	-	3	Flat
£7,063	10/24	0.1 mi	Merchant Square, London	3	Flat
£6,912	10/24	0.1 mi	Merchant Square East, London	3	Flat
£7,063	10/24	0.11 mi	East Harbet Road, Paddington	3	Flat
£5,300	06/24	0.12 mi	Hyde Park Mansions, Transept Street	4	Flat
£6,912	10/24	0.12 mi	Merchant Square, Paddington, London, W2	3	Flat
£3,878	10/24	0.12 mi	Balmoral Apartments Praed Street Paddington W2	3	Flat
£5,850	10/24	0.13 mi	Balmoral Apartments, London, W2	3	Flat
£4,950	06/24	0.13 mi	Bell Street, London, NW1	3	Flat
£4,500	12/24	0.14 mi	-	3	Flat
£4,300	12/24	0.14 mi	-	3	Flat
£6,912	10/24	0.14 mi	Harbet Road, Paddington, London, W2	3	Flat
£4,500	12/24	0.14 mi	-	3	Flat
£4,500	12/24	0.14 mi	-	3	Flat
£7,367	10/24	0.14 mi	Molyneux Street, London, W1H	3	Flat
£5,417	06/24	0.14 mi	Bell Street, Marylebone, London, NW1	3	Detached House
£6,912	10/24	0.14 mi	Merchant Square W2	3	Flat
£7,345	10/24	0.14 mi	Merchant Square W2	3	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	2.72 miles away2.72 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.05 miles away0.05 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-3%-3%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-4%-4%

Property History

Price changed to £1,500,000

March 24, 2025

Price changed to £1,595,000

February 12, 2025

Listed for £1,700,000

December 11, 2024

Floor Plans

Description

Four spacious bedrooms +
Three modernisable bathrooms +
Large kitchen and reception +
Prestigious redbrick mansion +
2310 sqft lateral layout +
Close to Edgware Road +
Ideal for updating +
Lift access +
53 Year lease +

This spacious 2nd floor (lift access), 2,310 sqft lateral apartment is situated within the prestigious Hyde Park Mansions, a classic redbrick building located just moments from Edgware Road Underground Station. Boasting four generously sized bedrooms and three bathrooms, this property offers ample living space, including a large kitchen and a grand reception room, perfect for entertaining. While the apartment retains its original charm, it is unmodernised and presents an excellent opportunity for renovation to suit contemporary tastes. With its prime location and significant potential, this residence is ideal for buyers looking to create their dream home in the heart of London.

Selling your property in Hyde Park Mansions? Trying to find your perfect home to buy? Register with Chestertons Hyde Park to get the full picture from the experts in the Marylebone market.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (S-ChestertonsAPAC)

Agent Details

Chestertons, Hyde Park

020 3835 4658

Next Steps?

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

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