2 Bed Flat, Single Let, London, NW1 9AB, £450,000

Camden Road, London, NW1 9AB - 2 views - 4 months ago

Leasehold

BTL

ROI: 3%

~51 m²

+10 photos

ValuationFair Value

Sold Prices	£325K - £1.5M
Sold Prices/m²	£5.7K/m² - £111.6K/m²

Square Metres	~50.70 m²
Price/m²	£8.9K/m²
Value Estimate	£456,300£456,300

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£24,700£24,700
Total Cash In	£137,200£137,200

Cash Out
Rent Range	£1,650 - £3,466£1,650 - £3,466
Rent Estimate	£2,152
Running Costs/mo	£1,857£1,857
Cashflow/mo	£295£295
Cashflow/yr	£3,544£3,544
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

49 sold prices from £325K to £1.5M, average is £570K. £5.7K/m² to £111.6K/m², average is £8.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£530K	06/21	0.02 mi	First Floor Flat, 264, Camden Road, London, Greater London NW1 9AB	£12,326	43	2	Flat
£557.5K	03/21	0.03 mi	First Floor Flat, 266, Camden Road, London, Greater London NW1 9AB	£12,965	43	2	Flat
£490K	06/24	0.09 mi	Flat 3, 13, Brecknock Road, London, Greater London N7 0BL	£10,652	46	2	Flat
£1.0M	11/20	0.12 mi	Second Floor Flat, 4, Camden Terrace, London, Greater London NW1 9BP	-	-	2	Flat
£610K	01/23	0.12 mi	2d, North Villas, London, Greater London NW1 9BJ	-	-	2	Flat
£675K	12/22	0.13 mi	Flat A, 50, Brecknock Road, London, Greater London N7 0DD	£9,000	75	2	Flat
£520K	01/23	0.14 mi	Flat 3, Peckwater House, Oseney Crescent, London, Greater London NW5 2AY	-	-	2	Flat
£730.5K	11/20	0.16 mi	4b, Oseney Crescent, London, Greater London NW5 2AU	£6,088	120	2	Flat
£700K	11/21	0.2 mi	90b - 90c, Caversham Road, London, Greater London NW5 2DN	-	-	2	Flat
£454K	05/23	0.21 mi	B, 86, Torriano Avenue, London, Greater London NW5 2SE	-	-	2	Flat
£505K	04/23	0.22 mi	24, Goodinge Close, London, Greater London N7 9EU	£6,474	78	2	Flat
£385K	04/23	0.24 mi	Flat 15, Penfields House, York Way Estate, London, Greater London N7 9PZ	-	-	2	Flat
£810K	06/21	0.26 mi	116b, Leighton Road, London, Greater London NW5 2RG	-	-	2	Flat
£450K	12/20	0.26 mi	31, Corporation Street, London, Greater London N7 9ET	£5,921	76	2	Flat
£495.5K	02/24	0.28 mi	89c, Brecknock Road, London, Greater London N7 0BX	£8,398	59	2	Flat
£845K	10/23	0.29 mi	10b, Middleton Grove, London, Greater London N7 9LS	-	-	2	Flat
£885K	03/21	0.32 mi	70a, Gaisford Street, London, Greater London NW5 2EH	£10,412	85	2	Flat
£570K	09/23	0.32 mi	First Floor Flat, 6, Middleton Grove, London, Greater London N7 9LU	£10,962	52	2	Flat
£565K	10/23	0.32 mi	38c, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£1.1M	09/23	0.32 mi	62a, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£570K	02/23	0.33 mi	90b, Agar Grove, London, Greater London NW1 9TL	-	-	2	Flat
£465K	10/23	0.34 mi	93, Surr Street, London, Greater London N7 9EN	£5,962	78	2	Flat
£447K	11/20	0.35 mi	Flat 10, Howell House, Hilldrop Estate, London, Greater London N7 0QS	-	-	2	Flat
£520K	05/23	0.35 mi	10, Surr Street, London, Greater London N7 9EJ	£6,667	78	2	Flat
£500K	09/23	0.36 mi	Flat 9, Howell House, Hilldrop Estate, London, Greater London N7 0QS	-	-	2	Flat
£792.7K	08/21	0.37 mi	16, Rochester Square, London, Greater London NW1 9SA	£111,648	7	2	Flat
£705K	12/20	0.37 mi	Second And Third Floor Maisonette, 56, Falkland Road, London, Greater London NW5 2XA	-	-	2	Flat
£822.5K	08/21	0.38 mi	33a, Rochester Square, London, Greater London NW1 9RZ	-	-	2	Flat
£545K	11/23	0.41 mi	178, St Pauls Crescent, London, Greater London NW1 9XZ	£6,488	84	2	Flat
£747.5K	12/21	0.41 mi	31a, Gaisford Street, London, Greater London NW5 2EB	£15,773	47	2	Flat
£435K	09/21	0.41 mi	Flat 10, Kennistoun House, Leighton Road, London, Greater London NW5 2UT	-	-	2	Flat
£652.6K	11/23	0.41 mi	19d, Caversham Road, London, Greater London NW5 2DT	-	-	2	Flat
£830K	06/21	0.42 mi	6a, Dunollie Road, London, Greater London NW5 2XP	£9,765	85	2	Flat
£820K	11/23	0.44 mi	Ground Floor Flat, 1, Lady Margaret Road, Kentish Town, London, Greater London NW5 2NE	£10,789	76	2	Flat
£715K	11/20	0.45 mi	Flat A, 14, Lady Margaret Road, Kentish Town, London, Greater London NW5 2XS	£16,456	43	2	Flat
£1.5M	03/21	0.46 mi	59, Rochester Place, London, Greater London NW1 9JU	-	-	2	Flat
£650K	01/21	0.46 mi	Basement Flat, 6, Bartholomew Villas, London, Greater London NW5 2LL	-	-	2	Flat
£595K	02/23	0.49 mi	Second Floor Flat, 19, Anson Road, London, Greater London N7 0RB	-	-	2	Flat
£720.5K	12/20	0.49 mi	164a, Kentish Town Road, London, Greater London NW5 2AG	£8,578	84	2	Flat
£420K	06/21	0.5 mi	194, Barker Drive, London, Greater London NW1 0JF	£8,400	50	2	Flat
£425K	03/23	0.51 mi	174, Barker Drive, London, Greater London NW1 0JF	£8,500	50	2	Flat
£650K	06/21	0.51 mi	Ground Floor Flat, 145, Brecknock Road, London, Greater London N19 5AD	£15,116	43	2	Flat
£850K	11/23	0.51 mi	57a, Anson Road, London, Greater London N7 0AR	-	-	2	Flat
£405K	03/23	0.52 mi	Flat 27, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	2	Flat
£550K	06/21	0.52 mi	55a, Lady Margaret Road, Kentish Town, London, Greater London NW5 2NJ	£8,029	69	2	Flat
£543K	03/21	0.52 mi	41d, Hillmarton Road, London, Greater London N7 9JD	£5,716	95	2	Flat
£325K	12/20	0.52 mi	Flat 11, Monmouth House, Raglan Street, London, Greater London NW5 3BX	-	-	2	Flat
£500K	03/21	0.53 mi	Second Floor Flat, 43, Carleton Road, London, Greater London N7 0ET	-	-	2	Flat
£720K	04/23	0.53 mi	43b, Leverton Street, Kentish Town, London, Greater London NW5 2PE	-	-	2	Flat

Local Rents

51 rents from £1.6K/mo to £3.5K/mo, average is £2.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,200	12/24	0.03 mi	-	2	Flat
£2,250	06/24	0.04 mi	Cliff Road, NW1	2	Flat
£2,850	06/24	0.05 mi	-	2	Flat
£2,850	06/24	0.05 mi	Camden, London, NW1	2	Flat
£2,800	06/24	0.05 mi	Northpoint Square, London, NW1	2	Flat
£2,800	12/24	0.05 mi	-	2	Flat
£2,800	06/24	0.05 mi	Northpoint Square, Camden, NW1	2	Flat
£2,817	06/24	0.05 mi	Northpoint Square, Camden, NW1	2	Flat
£2,300	02/25	0.05 mi	-	2	Flat
£2,600	06/24	0.05 mi	Northpoint, Camden Road, Camden, NW1	2	Flat
£2,850	06/24	0.06 mi	Northpoint Square, Camden, NW1	2	Flat
£2,000	06/24	0.07 mi	Camden Park Road, NW1	2	Flat
£2,708	06/24	0.07 mi	-	2	Flat
£2,250	06/24	0.08 mi	Camden Road, Camden, NW1	2	Flat
£2,600	06/24	0.09 mi	Camden Road, NW1	2	Flat
£2,150	05/24	0.09 mi	Brecknock Road, London, N7	2	Flat
£2,150	05/24	0.09 mi	-	2	Flat
£1,650	06/24	0.09 mi	Brecknock Road, Camden Town	2	Flat
£2,383	05/24	0.09 mi	Camden Road, Camden, NW1	2	Flat
£3,390	02/25	0.1 mi	-	2	Flat
£2,700	06/24	0.1 mi	Canal Boulevard, London, NW1	2	Flat
£1,800	01/25	0.1 mi	-	2	Flat
£2,600	06/24	0.1 mi	North Villas, Camden, London, NW1	2	Flat
£3,207	06/24	0.1 mi	Canal Boulevard, Camden NW1	2	Flat
£2,500	06/24	0.1 mi	South Villas, Camden, NW1	2	Terraced House
£3,100	06/24	0.1 mi	Camden Road, Camden Town, NW1	2	Flat
£2,817	01/24	0.11 mi	York Way, Islington / Caledonian Road N7	2	Flat
£1,900	12/24	0.11 mi	-	2	Flat
£3,466	12/24	0.11 mi	-	2	Flat
£3,466	12/24	0.11 mi	-	2	Flat
£3,119	12/24	0.11 mi	-	2	Flat
£2,700	06/24	0.11 mi	South Villas, Camden, London, NW1	2	Semi-Detached House
£2,925	06/24	0.12 mi	-143 York Way, Hillmarton Conservation Area, N7	2	Flat
£2,383	06/24	0.12 mi	Camden Road, Camden Borders N7	2	Flat
£2,708	06/24	0.12 mi	York Way, Hillmarton Conservation Area, N7	2	Flat
£2,300	02/25	0.12 mi	-	2	Flat
£1,995	05/24	0.13 mi	Brecknock Road, Camden Town	2	Flat
£2,500	06/24	0.14 mi	South Villas, London, NW1	2	Flat
£2,250	06/24	0.14 mi	South Villas, London, NW1	2	Flat
£2,167	06/24	0.14 mi	South Villas, Camden Square NW1	2	Flat
£3,400	12/24	0.14 mi	-	2	Flat
£3,200	01/25	0.14 mi	-	2	Flat
£2,362	06/24	0.14 mi	Rowstock, Oseney Crescent, Kentish Town, NW5	2	Flat
£2,318	06/24	0.14 mi	Rowstock, Oseney Crescent, Kentish Town, NW5	2	Flat
£2,250	03/25	0.14 mi	-	2	Flat
£3,142	06/24	0.15 mi	Camden Park Road, Camden, London, NW1	2	Flat
£2,500	12/24	0.16 mi	-	2	Flat
£2,500	12/24	0.16 mi	-	2	Flat
£2,590	03/25	0.16 mi	-	2	Flat
£2,250	10/24	0.19 mi	-	2	Flat
£2,250	11/24	0.19 mi	-	2	Flat

Local Area Statistics

Population in NW1	60,29460,294
Population in London	4,771,9214,771,921
Town centre distance	1.72 miles away1.72 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.50 miles away0.50 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 £450,000

January 27, 2025

Listed for £475,000

December 20, 2024

Floor Plans

Description

The flat comprises a reception room, a separate kitchen, two bedrooms, a bathroom and a shared section of rear garden

TENURE: 189 Years Lease from 25th March 1981

GROUND RENT: £50 - period 25.12.23 to 24.12.24

SERVICE CHARGE: £2,841.60 – For period 25.12.23 to 24.12.24

Parking: We have been advised by the owner that the surrounding roads are
controlled parking zones

Utilities: The property is serviced by mains water, electricity, gas and sewage
Broadband and Data Coverage. Ultrafast Broadband services are available via Openreach, Virgin Media.

Construction Type: We have been advised by the owner brick with slate roof
Heating: Gas central heating
Notable Lease Restrictions & Covenants: Not to use the Flat for any purpose whatsoever other than as a private residential flat. Not to sub-let the flat to a limited company without Freeholder consent (not unreasonably withheld). No bird, dog or other animal which may cause annoyance to any lessee or occupier of the other flats comprised in the Estate shall be kept in the demised premises and no dog, cat or other animal shall be kept in the demised premises without the written consent of the Freeholder.

Location:
The property is located along Camden Road, nearest tube stations being Kentish Town (Northern line) and Caledonian Road (Piccadilly line) and close to local bus services and shops. The Kings Cross area is served by bus services from York Way, for its amenities including Kings Cross rail stations, St Pancras Eurostar services, the Regents canal, Granary Square & the shops and restaurants of Coal Drops Yard.

Agent Details

Winkworth, Kentish Town

020 3835 5952

Next Steps?

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