2 Bed Flat, Single Let, London, W9 3BJ, £550,000

Portnall Road, London, W9 3BJ - 4 months ago

Leasehold
BTL
~63 m²
+12 photos

ValuationUndervalued

Sold Prices£315K - £1.6M
Sold Prices/m²£5K/m² - £13K/m²

 

 

Square Metres

~62.80 m²
Price/m²£8.8K/m²

Value Estimate

£583,157
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£43,700

Total Cash In

£181,200

 

 

Cash Out

 

Rent Range

£1,950 - £6,495

Rent Estimate

£2,000

Running Costs/mo

£2,139

Cashflow/mo

£-139

Cashflow/yr

£-1,665

Gross Yield

4%

Local Sold Prices

50 sold prices from £315K to £1.6M, average is £544.8K. £5K/m² to £13K/m², average is £9.3K/m².

PriceDateDistanceAddressBeds 
£495K04/230.02 miFirst Floor Flat, 249, Portnall Road, London, Greater London W9 3BL2
£650K11/200.06 miGround Floor Flat, 179, Ashmore Road, London, Greater London W9 3DB2
£485K07/230.12 miFirst Floor Flat, 141, Fernhead Road, London, Greater London W9 3ED2
£597.3K08/240.13 mi163, Second Floor Flat, Saltram Crescent, Maida Vale, London, Greater London W9 3JU2
£542K06/210.16 miFlat B, 135, Ashmore Road, London, Greater London W9 3DA2
£530K06/210.18 mi227, Kilburn Lane, London, Greater London W10 4BQ2
£750K09/230.2 miSecond Floor Flat, 151, Saltram Crescent, Maida Vale, London, Greater London W9 3JT2
£512.5K06/210.21 mi12a, Mozart Street, London, Greater London W10 4LA2
£525K02/230.23 miFirst Floor Flat, 33, Denholme Road, London, Greater London W9 3HT2
£510K06/210.24 miFirst Floor Flat, 14, Croxley Road, London, Greater London W9 3HL2
£1.6M01/210.24 mi119, Harvist Road, London, Greater London NW6 6HA2
£775K11/230.26 mi83, Marne Street, London, Greater London W10 4JF2
£610K03/230.27 mi25c, Croxley Road, London, Greater London W9 3HH2
£481K01/240.27 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£481K01/240.27 miFlat A, 110, Ashmore Road, London, Greater London W9 3DQ2
£315K05/210.27 miThird Floor Flat, 75, Bravington Road, London, Greater London W9 3AA2
£610K03/210.27 mi67a, Bravington Road, London, Greater London W9 3AA2
£515K03/210.28 mi175, Kilburn Lane, London, Greater London W10 4AX2
£500K09/210.28 mi201a, Kilburn Lane, London, Greater London W10 4AX2
£505K03/210.29 mi29, Riverton Close, London, Greater London W9 3DS2
£595K06/230.32 mi83b, Hartland Road, London, Greater London NW6 6BH2
£670K06/210.32 mi101a, Malvern Road, London, Greater London NW6 5PU2
£500K11/210.32 mi91c, Malvern Road, London, Greater London NW6 5PU2
£455K10/230.32 miFlat B, 71, Malvern Road, London, Greater London NW6 5PU2
£550K04/210.34 mi76a, Ashmore Road, London, Greater London W9 3DG2
£410K03/210.34 mi76b - 76c, Ashmore Road, London, Greater London W9 3DG2
£535K09/230.35 mi186b, Shirland Road, London, Greater London W9 3JF2
£590K06/230.36 mi169b, Harvist Road, London, Greater London NW6 6HB2
£805K01/210.36 miFirst Floor Flat, 30, Harvist Road, London, Greater London NW6 6SH2
£421K11/200.37 mi2, Portgate Close, London, Greater London W9 3DL2
£465K11/210.37 mi12, Portgate Close, London, Greater London W9 3DL2
£510K01/210.39 mi47a, Princess Road, London, Greater London NW6 5QT2
£490K04/230.39 mi108b - 108c, Brondesbury Villas, London, Greater London NW6 6AD2
£800K10/200.39 mi3b, Lydford Road, London, Greater London W9 3LU2
£600K11/200.4 mi61l, Fifth Avenue, London, Greater London W10 4DL2
£547.5K06/210.4 mi95a, Kilburn Lane, London, Greater London W10 4AN2
£482K02/210.41 mi123, Kilburn Lane, London, Greater London W10 4AN2
£1.4M12/200.41 mi63, Brondesbury Road, London, Greater London NW6 6BP2
£525K10/210.42 mi88a, Walterton Road, London, Greater London W9 3PQ2
£565K12/200.42 mi43c, Barnsdale Road, London, Greater London W9 3LL2
£830K11/200.43 mi48, Oliphant Street, London, Greater London W10 4EG2
£850K02/210.44 mi97a, Victoria Road, London, Greater London NW6 6TD2
£855K01/230.44 miFirst Floor Flat, 99, Victoria Road, Kilburn, London, Greater London NW6 6TD2
£625K02/230.44 mi97a, Kilburn Lane, London, Greater London W10 4AN2
£610K06/230.45 miFirst Floor Flat, 225, Harvist Road, London, Greater London NW6 6HE2
£430K12/200.45 miFlat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA2
£700K03/210.45 miGround Floor Flat, 65, Charteris Road, London, Greater London NW6 7EY2
£595K07/230.48 mi64a, Fermoy Road, London, Greater London W9 3NJ2
£848.1K09/230.48 miGround Floor Flat, 18, Creighton Road, London, Greater London NW6 6ED2
£535K09/230.48 miFlat 26, Franklin House, Carlton Vale, London, Greater London NW6 5BZ2

Local Rents

49 rents from £1.9K/mo to £6.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,40010/240.05 miBravington Road London W92
£2,29710/240.05 miBravington Road London W92
£2,40010/240.06 mi-2
£1,95011/240.07 mi-2
£2,29710/240.07 miBravington Road, Maida Vale2
£2,49610/240.11 miFernhead Road, Maida Vale2
£4,00011/240.11 mi-2
£2,15010/240.13 miSaltram Crescent, Maida Vale, London, W92
£2,30010/240.13 miBravington Road, W92
£3,50004/250.14 mi-2
£3,35808/240.15 miAlbert Road, London, NW62
£3,35809/240.15 miAlbert Road, London, NW62
£2,92508/240.15 miBirchside Apartments, 1 Albert Road, Queens Park, London, NW62
£3,95010/240.15 miSaltram Crescent, London W92
£3,25007/240.15 miAlbert Road, Queens Park, London, NW62
£3,25007/240.15 miAlbert Road, Queens Park, London, NW62
£2,25010/240.15 mi-2
£2,34010/240.15 miFernhead Road, London, W9 3EL2
£2,70002/250.15 mi-2
£2,52009/240.15 miMalvern Road, London, NW62
£2,00010/240.16 miFernhead Road, W9 3EL2
£2,00010/240.16 miFernhead Road, W92
£3,95010/240.16 mi-2
£3,99511/240.16 mi-2
£2,10010/240.17 mi-2
£2,10010/240.17 miFernhead Road, London, W92
£2,75106/240.17 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,75208/240.17 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,75208/240.17 miCedarside Apartments, Queens Park Place, 3 Albert Road, London, NW62
£2,15011/240.17 mi-2
£5,50010/240.17 mi-2
£5,40004/250.17 mi-2
£5,50010/240.17 miPark Mews, London, W102
£6,49502/250.17 mi-2
£1,95002/250.17 mi-2
£2,05004/250.17 mi-2
£2,00010/240.17 mi-2
£2,05004/250.18 mi-2
£2,25311/240.18 mi-2
£2,45010/240.18 mi-2
£2,00010/240.19 mi-2
£2,14506/240.19 miHarvist Road, Queens Park NW62
£2,45011/240.19 mi-2
£2,30001/250.19 mi-2
£2,25001/250.19 mi-2
£2,00003/250.19 mi-2
£2,75006/240.19 miHarvist Road, Queens Park, NW62
£2,64807/240.2 miGeorge House, Queens Park NW62
£2,65006/240.2 miGeorge House, Albert Road, London, NW62

Local Area Statistics

Population in W9

37,724

Population in London

4,771,921

Town centre distance

4.26 miles away

Nearest school

0.10 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £550,000

March 28, 2025

Price changed to £595,000

January 23, 2025

Listed for £625,000

December 13, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Period Conversion +
  • Private Garden +
  • Spacious +
  • Chain Free +
  • Walking Distance to Queens Park +

This spacious property comprises a reception room, a separate kitchen and it also has the benefit of two double bedrooms, with access to the rear garden.

Outside

Access to the rear garden.

Situation

Located at the northern end of Portnall Road, the flat is situated moments from Queen's Park Station (Bakerloo line & Overground Services), and within easy reach of the shops, bars and restaurants along with the green open spaces of Queen's Park. Property Ref Number: HAM-0083

Additional Information

Lease has 999 years from 25-12-1986
Ground Rent: £100.00pa
Service Charge: £2791.52pa
Local Authority: Westminster
Council Tax Band: E

Agent Details

Hamptons, Maida Vale

020 3835 4606

Next Steps?

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