2 Bed Flat, Single Let, London, NW7 2DN, £319,950

Rowlands Close, Mill Hill, London, NW7 2DN - 4 months ago

Leasehold
BTL
ROI: 3%
~62 m²
+5 photos

ValuationUndervalued

Sold Prices£275.5K - £675K
Sold Prices/m²£3K/m² - £7.7K/m²

 

 

Square Metres

~62 m²
Price/m²£5.2K/m²

Value Estimate

£347,414
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£79,988

Stamp Duty & Legal Fees

£20,695

Total Cash In

£100,683

 

 

Cash Out

 

Rent Range

£1,500 - £3,000

Rent Estimate

£1,542

Running Costs/mo

£1,328

Cashflow/mo

£214

Cashflow/yr

£2,565

ROI

3%

Gross Yield

6%

Local Sold Prices

40 sold prices from £275.5K to £675K, average is £358.1K. £3K/m² to £7.7K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£295K12/200.05 mi40, Rowlands Close, London, Greater London NW7 2DN2
£344K03/210.05 mi68, Rowlands Close, London, Greater London NW7 2DN2
£344K01/210.05 mi61, Rowlands Close, London, Greater London NW7 2DN2
£295K08/230.05 mi41, Rowlands Close, London, Greater London NW7 2DN2
£435K11/210.11 mi1, Bloomsbury Close, London, Greater London NW7 2DT2
£510K08/230.19 mi4, Tithe Close, London, Greater London NW7 2QD2
£385K06/210.2 miFlat 23, Page Court, Page Street, London, Greater London NW7 2DY2
£365K09/230.26 miFlat 14, Holland Court, Page Street, London, Greater London NW7 2DJ2
£390K04/230.27 miFlat 1, Sunrise View, The Rise, London, Greater London NW7 2LL2
£568.5K11/230.56 mi5, Woodland Way, London, Greater London NW7 2JP2
£390K09/220.61 mi12a, Milespit Hill, London, Greater London NW7 2PL2
£360K08/210.61 mi29, Wheatley Close, London, Greater London NW4 4LG2
£318K11/210.61 mi38, Wheatley Close, London, Greater London NW4 4LG2
£340K12/200.63 mi3, Storksmead Road, Edgware, Greater London HA8 0JW2
£322.5K01/230.64 mi101, Wheatley Close, London, Greater London NW4 4LF2
£400K09/210.65 miFlat 3, Ashburnham Court, Daws Lane, London, Greater London NW7 4SH2
£350K12/200.65 miFlat 3, Milldene, Daws Lane, London, Greater London NW7 4SN2
£335K12/200.66 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£335K12/200.66 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£350K01/210.66 miFlat 8, Milldene, Daws Lane, London, Greater London NW7 4SN2
£356.3K06/210.69 miFlat 1, Milldene, Daws Lane, London, Greater London NW7 4SN2
£434K08/230.69 miFlat 1, Byron Court, Byron Road, London, Greater London NW7 4AG2
£350K01/210.71 miFlat 8, Milldene, Daws Lane, London, Greater London NW7 4SN2
£470K06/210.75 mi85a, The Broadway, London, Greater London NW7 3TG2
£310K10/230.76 miFlat 11, Buckingham Court, Watford Way, London, Greater London NW4 4TD2
£382K01/210.76 mi10a, Langley Park, London, Greater London NW7 2AA2
£420K11/220.78 mi42a, Tennyson Road, London, Greater London NW7 4AS2
£285K06/210.8 mi303, Watling Avenue, Edgware, Greater London HA8 0ND2
£275.5K10/210.8 mi293, Watling Avenue, Edgware, Greater London HA8 0ND2
£350K02/210.81 mi4c, Sunningfields Crescent, London, Greater London NW4 4RD2
£375K06/210.82 mi32, Wilshaw Close, London, Greater London NW4 4TU2
£360K11/220.82 mi15, Wilshaw Close, London, Greater London NW4 4TU2
£345K04/210.89 mi1a, Angus Gardens, London, Greater London NW9 5LG2
£430K03/230.91 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£290K08/230.92 miFlat 17, Curie Gardens, Pasteur Close, London, Greater London NW9 5JF2
£675K03/210.93 mi23, Hale Grove Gardens, London, Greater London NW7 3LR2
£420K06/210.94 mi20, Seaton Square, London, Greater London NW7 1GB2
£325K02/230.94 mi16, Seaton Square, London, Greater London NW7 1GB2
£535K06/210.96 mi5, Honiton Gardens, London, Greater London NW7 1GF2
£405K06/210.96 mi10, Honiton Gardens, London, Greater London NW7 1GF2

Local Rents

48 rents from £1.5K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,60006/240.03 miRowlands Close, Mill Hill2
£1,85006/240.04 miRowlands Close, Mill Hill, NW72
£1,85006/240.04 miRowlands Close, Mill Hill, NW72
£1,75004/250.05 mi-2
£1,75003/250.05 mi-2
£2,35007/240.07 miColenso Drive, Mill Hill, NW72
£1,85007/240.08 miBurnham Close, Mill Hill, London, Greater London, NW72
£1,90007/240.09 miColenso Drive, London, NW72
£1,95006/240.09 miColenso Drive, Mill Hill, NW72
£1,95006/240.09 miBurnham Close, Mill Hill, London, NW72
£2,40007/240.09 miBrancaster Drive, Mill Hill2
£1,85006/240.09 miAylesham Close, MIll Hill, NW72
£2,20006/240.1 miColenso Drive, Mill Hill, NW72
£1,80007/240.11 miBloomsbury Close, Mill Hill, NW72
£1,85003/240.11 miBloomsbury Close, Mill Hill, NW72
£1,80008/240.11 miBloomsbury Close, Mill Hill, NW72
£1,51706/240.11 miBloomsbury Close, Mill Hill NW72
£1,50006/240.12 miBunns Lane, Mill Hill, NW72
£1,85001/250.14 mi-2
£1,70007/240.14 miShetland Court, Bressay Drive, Mill Hill, NW72
£2,20008/240.14 mi81 Bunn's Lane,2
£1,85006/240.14 miTingwall Court, 3 Bressay Drive, Mill Hill, London, NW72
£1,85007/240.18 miPage Street, Mill Hill, NW72
£1,90008/240.19 miPage Street, Randall Court Page Street, NW72
£1,85001/250.25 mi-2
£1,65010/240.27 mi-2
£1,55001/250.27 mi-2
£3,00011/240.28 mi-2
£2,35002/250.28 mi-2
£2,40003/250.28 mi-2
£2,35007/240.28 miCoxwell Boulevard, London2
£2,25010/240.28 mi-2
£2,35008/240.28 miCoxwell Boulevard, Colindale, NW92
£2,35008/240.28 miCoxwell Boulevard, London, NW92
£2,35008/240.28 miCoxwell Boulevard, Mill Hill, London, NW92
£2,40009/240.28 mi-2
£2,25011/240.3 mi-2
£1,95002/250.31 mi-2
£1,90006/240.31 miGilda Court, Watford Way, Mill Hill2
£1,60007/240.31 miGilda Court, Watford Way, London2
£1,85008/240.32 miCorner Mead, London, NW92
£1,75008/240.35 mi-2
£1,75007/240.35 miLondon, London, NW42
£2,20004/250.35 mi-2
£1,72506/240.37 miField Mead, Mill Hill, NW72
£1,75007/240.37 mi-2
£1,75007/240.37 miRivington Crescent, London, NW72
£1,70004/250.38 mi-2

Local Area Statistics

Population in NW7

25,131

Population in London

4,771,921

Town centre distance

7.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Price changed to £319,950

January 23, 2025

Listed for £324,950

December 12, 2024

Floor Plans

Description

  • Purpose built +
  • 2 bedrooms +
  • Modern kitchen and bathroom +
  • Communal gardens +
  • 1 allocated off street parking space +
  • Chain free +
  • Ideal first time purchase +
  • Barnet council tax band D +

CHAIN FREE SHARE OF FREEHOLD** A 2 bedroom flat situated on the top (second) floor of this popular purpose built block. The property features a 17ft reception room and benefits include a modern kitchen and bathroom, good storage space, communal gardens and 1 allocated off street parking space. The flat is located approximately 0.75 miles from Mill Hill Broadway's shops and Thameslink station and would make an ideal first time purchase.

Leasehold - Approx. 87 years remaining
Ground Rent: n/a
Service Charge: £2731 per annum
Barnet Council Tax Band D

Agent Details

Squires Estates, Mill Hill

020 3994 7370

Next Steps?

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