7 Bed Detached House, Refurb/BRRR, London, NW6 7DE, £3,350,000

Brondesbury Park, London, NW6 7DE - 3 months ago

Refurb/BRRR
Planning
~217 m²
+20 photos

ValuationOvervalued

Sold Prices£712.5K - £18.4M
Sold Prices/m²£5.1K/m² - £29.3K/m²

 

 

Square Metres

~217 m²
Price/m²£15.4K/m²

Value Estimate

£2,622,983

 

 

End Value (After Refurb)

£2,875,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£837,500

Stamp Duty & Legal Fees

£481,950

Refurb Costs

£115,060

Bridging Loan Interest

£87,938

Total Cash In

£1,524,198

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£2,875,000

Mortgage (After Refinance)

£2,156,250

Mortgage LTV

75%

Cash Left In

£1,524,198

Equity

£718,750

Rent Range

£1,400 - £36,833

Rent Estimate

£6,319

Running Costs/mo

£10,268

Cashflow/mo

£-3,949

Cashflow/yr

£-47,390

Gross Yield

2%

Local Sold Prices

39 sold prices from £712.5K to £18.4M, average is £4.5M. £5.1K/m² to £29.3K/m², average is £14.7K/m².

PriceDateDistanceAddressBeds 
£4.0M08/230.09 mi14, Aylestone Avenue, London, Greater London NW6 7AA7
£3.3M03/230.09 mi46, Aylestone Avenue, London, Greater London NW6 7AA7
£1.9M08/220.37 mi274, Willesden Lane, London, Greater London NW2 5RB7
£1.9M01/240.48 mi83, Dartmouth Road, London, Greater London NW2 4ER7
£2.3M04/230.48 mi87, Dartmouth Road, London, Greater London NW2 4ER7
£2.2M08/230.48 mi95, Dartmouth Road, London, Greater London NW2 4ER7
£1.9M12/220.55 mi9, Rowdon Avenue, London, Greater London NW10 2AJ7
£2.6M01/240.58 mi40, Teignmouth Road, London, Greater London NW2 4HN7
£3.9M08/220.6 mi8, Milman Road, London, Greater London NW6 6EN7
£2.1M12/200.8 mi48, Keyes Road, London, Greater London NW2 3XA7
£1.6M08/210.81 mi76, Melrose Avenue, London, Greater London NW2 4JT7
£1.8M03/210.82 mi14, Manstone Road, London, Greater London NW2 3XG7
£4.7M04/221.28 mi1, Honeybourne Road, London, Greater London NW6 1HH7
£4.9M07/231.33 mi21, Ranulf Road, London, Greater London NW2 2BT7
£4.1M11/211.38 mi49, Fairhazel Gardens, London, Greater London NW6 3QN7
£4.1M11/211.38 mi49, Fairhazel Gardens, London, Greater London NW6 3QN7
£5.5M07/231.38 mi18, Greville Place, London, Greater London NW6 5JH7
£4.1M06/231.45 mi20, Alvanley Gardens, London, Greater London NW6 1JD7
£9.8M07/211.51 mi138, Hamilton Terrace, London, Greater London NW8 9UX7
£9.8M07/211.51 mi138, Hamilton Terrace, London, Greater London NW8 9UX7
£10.8M02/231.55 mi30, Heath Drive, London, Greater London NW3 7SB7
£13.3M10/201.56 mi7, Greenaway Gardens, London, Greater London NW3 7DJ7
£7.5M06/231.57 mi15, Oakhill Avenue, London, Greater London NW3 7RD7
£7.3M01/211.63 mi19, Heath Drive, London, Greater London NW3 7SL7
£7.6M06/231.65 mi72, Oxford Gardens, London, Greater London W10 5UW7
£6.6M10/201.67 mi83, Oxford Gardens, London, Greater London W10 5UL7
£13.6M09/221.68 mi20, Redington Road, London, Greater London NW3 7RG7
£18.4M02/221.7 mi98, Hamilton Terrace, London, Greater London NW8 9UP7
£2.6M06/231.72 mi38, Platts Lane, London, Greater London NW3 7NT7
£4.5M09/221.72 mi18, West Heath Close, London, Greater London NW3 7NJ7
£9.0M10/211.73 mi2, Langford Place, London, Greater London NW8 0LL7
£6.5M01/241.8 mi3a, Loudoun Road, London, Greater London NW8 0LH7
£712.5K10/201.81 mi97, Tanfield Avenue, London, Greater London NW2 7SB7
£12.8M06/211.83 mi93, Redington Road, London, Greater London NW3 7RR7
£5.3M10/221.84 mi6, St John's Wood Park, London, Greater London NW8 6QS7
£6.3M04/211.87 mi23b, Grove End Road, London, Greater London NW8 9BP7
£6.3M04/211.88 mi23b, Grove End Road, London, Greater London NW8 9BP7
£2.8M05/221.94 mi60, Circus Road, London, Greater London NW8 9SE7
£3.1M03/211.95 mi78, Blenheim Crescent, London, Greater London W11 1NZ7

Local Rents

50 rents from £1.4K/mo to £36.8K/mo, average is £4K/mo.

RentDateDistanceAddressBeds 
£19,99807/240.08 miAylestone Avenue, London, NW6.7
£19,99808/240.08 miAylestone Avenue, London, NW6.7
£6,50007/240.14 mi-4
£4,00012/240.14 mi-3
£36,83308/240.17 miChristchurch Avenue, London, NW68
£3,50007/240.18 miThe Oaks, NW63
£3,49507/240.18 miBrondesbury Park, London, NW63
£31,20008/240.18 miChristchurch Avenue, Brondesbury, London, NW68
£5,50003/250.22 mi-5
£3,60008/240.22 miBembridge Close, London, NW64
£4,94908/240.23 miMount Pleasant Road, London, NW104
£2,81706/240.23 miThe Octave, Willesden Lane, Brondesbury, NW63
£3,35806/240.23 miThe Octave, Willesden Lane, Brondesbury, NW63
£5,50008/240.23 miThe Avenue, London, NW64
£3,15002/250.23 mi-3
£4,32907/240.24 miMount Pleasant Road, London, NW104
£4,32911/240.24 mi-4
£4,30011/240.24 mi-4
£4,70004/250.25 mi-5
£3,25008/240.25 miHoneyman Close, Brondesbury, NW63
£4,95008/240.25 miMount Pleasant Road, Queen's Park, London, NW104
£4,00001/250.25 mi-4
£6,50007/240.25 miMount Pleasant Road, London, NW104
£3,90006/240.25 miTreetop Mews, London, NW64
£3,90006/240.25 mi-4
£3,50007/240.25 miWillesden Lane, Willesden Green Mapesbury, London4
£3,10008/240.25 miMarlow Court, Kilburn NW63
£4,00003/250.26 mi-3
£3,50008/240.26 miWillesden Lane, London, NW64
£4,95006/240.26 miThe Avenue, Brondesbury Park, NW65
£9,00008/240.26 miBrondesbury Park, London, NW67
£9,00006/240.26 miBrondesbury Park, London, NW66
£4,95008/240.26 miMount Pleasant Road, Queens Park, London, NW104
£3,90002/240.27 mi-4
£3,20003/250.27 mi-4
£3,50006/240.27 miMount Pleasant Road, London, NW104
£4,00006/240.27 miMount Pleasant Road, London NW104
£3,49706/240.27 miMount Pleasant Road, Kensal Rise4
£10,00106/240.27 miBrondesbury Park, Brondesbury, London, NW67
£9,00007/240.27 miBrondesbury Park, Brondesbury, London, NW67
£3,25007/240.27 miChristchurch Avenue, Kilburn nw6 3
£2,99903/240.28 miBelvedere Court, Willesden Green NW23
£4,40006/240.28 mi-3
£4,40006/240.28 miChristchurch Avenue, London, NW63
£2,98008/240.28 mi-3
£2,98007/240.28 miWillesden Lane, London, NW63
£1,40011/240.28 mi-3
£3,70004/250.28 mi-3
£3,59510/240.29 mi-3
£3,59512/240.29 mi-3

Local Area Statistics

Population in NW6

62,056

Population in London

4,771,921

Town centre distance

4.88 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+8%

Property History

Listed for £3,350,000

December 23, 2024

Floor Plans

Description

This substantial seven bedrooms detached house in the sought-after Brondesbury Park area presents an exciting opportunity for the right buyer. Situated on a remarkably generous plot, the property boasts ample living space spanning over three floors, with tremendous potential to transform it into a magnificent family home.

Despite requiring a comprehensive renovation and modernisation throughout, the house retains many original period features that could be beautifully restored. The layout currently comprises seven bedrooms, two reception rooms, a kitchen, and multiple bathrooms, offering flexibility to reconfigure the space to suit modern living requirements.

The sizeable gardens to the front and rear provide excellent outdoor space, with the possibility of extending the property, subject to the necessary planning permissions. Conveniently located close to the amenities and well-connected to central London via excellent transport links, this house presents an exciting blank canvas for the discerning buyer to create their dream home.

Outside

A very large South-facing Rear Garden

Situation

Brondesbury Park is one of the most desirable locations in the area, with the beautiful open spaces of Queen's Park and Tiverton Green just a short walk away. Popular cafes, restaurants, and shops along nearby Salusbury Road and Lonsdale Road are easily accessible. Brondesbury Park (Overground) and Queen's Park (Bakerloo), along with Kilburn and Willesden Green on the Jubilee line, are close by, providing quick and convenient transport across London.

Agent Details

Hamptons, Kensal Rise & Queen's Park

020 3840 3772

Next Steps?

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