2 Bed Flat, Single Let, London, NW4 1RE £600,000

Parson Street, Hendon, NW4 1RE - a year ago
Leasehold
BTL
~103 m²
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Property image
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ValuationFair Value

Sold Prices£197.3K - £1.3M
Sold Prices/m²£3.6K/m² - £15.8K/m²

 

 

Square Metres

~102.80 m²
Price/m²£5.8K/m²

Value Estimate

£604,114

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£51,200

Total Cash In

£201,200

 

 

Cash Out

 

Rent Range

£1,650 - £3,000

Rent Estimate

£1,700

Running Costs/mo

£2,235

Cashflow/mo

£-535

Cashflow/yr

£-6,420

Gross Yield

3%

Local Sold Prices

50 sold prices from £197.3K to £1.3M, average is £406.3K. £3.6K/m² to £15.8K/m², average is £5.7K/m².

Price
Date
Distance
Address
Beds
 
£197.3K03/250.04 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£197.3K03/250.04 mi16, Hendon Hall Court, Parson Street, Hendon, London NW4 1QY2
£290K05/210.09 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.09 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£345K10/230.11 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£370K09/240.2 mi49 Downhurst Court, Flat 33, Parson Street, Hendon, London NW4 1QT2
£410K01/250.2 mi49 Downhurst Court, Flat 10, Parson Street, Hendon, London NW4 1QT2
£432K01/250.2 mi52, Flat 3, Ashley Lane, Hendon, London NW4 1AX2
£348K01/250.22 miGrove House, Flat 12a, Waverley Grove, Finchley, London N3 3PU2
£400K11/240.24 mi3 Drayton Court, Flat 6, Hope Close, Hendon, London NW4 1AY2
£435K01/250.25 mi4 Epsom Court, Flat 7, Hope Close, Hendon, London NW4 1AY2
£1.3M09/240.27 miBrinsdale Park, Flat 2, Brinsdale Road, Hendon, London NW4 1TB2
£380K03/250.29 miThurlby Croft, Flat 8, Mulberry Close, Hendon, London NW4 1QP2
£595K06/250.29 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£595K06/250.29 miFlat 2, 97 Sundial House, Finchley Lane, Hendon, London NW4 1BW2
£525K09/240.3 miFernside Court, Flat 17, Holders Hill Road, Church End, London NW4 1JT2
£360K06/210.3 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£495K08/250.3 miFlat 2, 49, Finchley Lane, Hendon, London NW4 1BY2
£437K12/230.31 miRaymead, Flat 8, Tenterden Grove, Hendon, London NW4 1SU2
£430K03/230.35 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£500K06/210.37 mi7, Boyne Avenue, London, Greater London NW4 2JL2
£480K10/240.37 mi58 Charlton Court, Flat 4, Broughton Avenue, Church End, London N3 3EQ2
£525K06/250.38 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£525K06/250.38 miFlat 6, 93 Beaulieu House, Holders Hill Road, Church End, London NW4 1JY2
£390K05/230.39 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£449.9K10/240.41 mi32, Freeland Park, Hendon, London NW4 1LP2
£250K07/250.41 miFlat 4, 112, Sunningfields Road, Hendon, London NW4 4RE2
£375K02/250.41 mi82, Victoria Road, Hendon, London NW4 2RT2
£340K04/230.43 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£360K03/250.43 mi39, Flat 6, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.43 mi39, Flat 12, Sunningfields Road, Hendon, London NW4 4RA2
£320K02/250.43 miFlat 12, 39, Sunningfields Road, Hendon, London NW4 4RA2
£327.5K03/250.44 miFlat 11, 145 Madison Court, Great North Way, Hendon, London NW4 1PW2
£327.5K03/250.44 miFlat 11, 145 Madison Court, Great North Way, Hendon, London NW4 1PW2
£420K12/230.45 miBurnham Court, Flat 3, Brent Street, London, Greater London NW4 2RE2
£350K11/240.45 miTejas Court, Flat 5, Southbourne Crescent, Hendon, London NW4 2JX2
£440K03/250.47 mi8, Rydal Close, Hendon, London NW4 1LE2
£350K02/250.47 mi141 Liberty Court, Flat 3, Great North Way, Hendon, London NW4 1PR2
£450K06/250.5 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£450K06/250.5 miFlat 17, Foreland Court, Holders Hill Road, Church End, London NW4 1LG2
£284K07/250.5 miFlat 5, Sentinel House, Sentinel Square, Hendon, London NW4 2EN2
£410K06/210.53 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2
£325K08/250.53 mi147a, Bell Lane, Hendon, London NW4 2AP2
£490K11/210.57 miFlat 6, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£470K06/210.57 miFlat 70, Greenacres, Hendon Lane, London, Greater London N3 3SF2
£225K09/230.57 miFlat 88, Upper Fosters, New Brent Street, London, Greater London NW4 2DN2
£310K02/250.59 miCrest Court, Flat 18, The Crest, Hendon, London NW4 2HL2
£480K03/250.6 miThe Brookdales, Flat 29, Bridge Lane, Golders Green, London NW11 9JU2
£480K03/250.6 miFlat 29, The Brookdales, Bridge Lane, Golders Green, London NW11 9JU2
£507.5K11/230.6 miFlat 24, The Brookdales, Bridge Lane, London, Greater London NW11 9JU2

Local Rents

50 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

Rent
Date
Distance
Address
Beds
 
£1,95011/250.01 miOrmonde Court, Parson Street, Hendon2
£1,95007/250.03 mi-2
£2,05008/240.03 mi-2
£2,05009/240.03 mi-2
£1,75010/250.05 miHendon Hall Court, Parson Street, Hendon, NW42
£1,69510/250.05 miHendon Hall Court, Parsons Street, NW42
£1,75011/250.05 miHendon Hall Court, Parson Street, Hendon, NW42
£2,00007/240.06 miShirehall Lane, London2
£1,80006/250.08 miOctober Place, Holders Hill Road, London2
£2,00010/250.08 mi-2
£1,89507/250.09 miClaydon House, Holders Hill Road, Hendon, NW42
£1,75008/240.11 miHolders Hill Road, Hendon, NW42
£2,20006/250.12 mi-2
£1,77506/240.12 miEdinburgh House, Tenterden Grove, Hendon2
£1,65009/250.12 mi-2
£1,70011/250.12 mi-2
£1,80010/250.13 mi-2
£1,75011/250.15 miTorcroft, Holders Hill Road, Hendon, NW42
£1,90011/240.16 mi-2
£2,51306/240.18 mi-2
£1,75007/240.19 miHolders Hill Crescent, Hendon, NW42
£1,75008/240.19 miHolders Hill Crescent, Hendon, NW42
£1,75011/250.19 mi-2
£2,20011/250.19 mi-2
£1,75010/250.19 miTorcroft, London, NW42
£3,00006/240.2 miParson Street, London, NW42
£1,70007/240.21 miChristopher Court, Great North Way, Hendon2
£1,70008/240.21 miChristopher Court, Great North Way, Hendon2
£1,75508/250.22 miLinksway,2
£1,95008/240.22 miChristopher Court, Great North Way, Hendon, NW42
£1,85009/250.22 mi2 Christopher Court, London2
£1,95008/240.22 miGreat North Way, London2
£1,79510/240.23 mi-2
£1,95008/240.23 miChristopher Court, London, NW42
£1,85001/250.23 mi-2
£1,99504/250.23 mi-2
£1,99504/250.23 mi-2
£2,50009/250.23 miEpsom Court, London, NW42
£2,50010/250.23 mi-2
£1,90006/250.23 miFairview Court, NW42
£2,00007/240.23 mi-2
£2,17506/240.25 miFAIRVIEW COURT, Hendon, London, NW42
£2,20008/240.25 miFairview Court, Mill Hill, London, NW42
£1,90006/250.25 miFAIRVIEW COURT, Hendon, London, NW42
£2,20006/250.25 miFairview Court, Mill Hill, London, NW42
£2,10009/250.26 miHaddon Court, Hanbury Close, Hendon, NW42
£2,50011/250.26 miHaddon Court, Hanbury Close, Hendon, NW42
£2,20008/240.26 miLinksway London NW42
£2,20008/240.26 miLinksway, LONDON2
£1,80006/240.26 miGreat North Way, HENDON, NW42

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

6.62 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-7%

Sales demand

Balanced market

Capital growth (5yrs)

-2%

Property History

Price changed to £600,000

May 15, 2025

Listed for £650,000

December 23, 2024

Floor Plans

Property image

Description

  • Leasehold Term 125 years from 25/03/2001 +
  • Entrance Hall +
  • Large Reception Room +
  • Fitted Kitchen/Dining Room +
  • Two Double Bedrooms +
  • Two Bathrooms (One En-Suite) +
  • South Facing Balcony +
  • Gated Parking Space +
  • Gas Central Heating +

Property Description

Forming part of this popular modern gated development we offer this second floor purpose built apartment. The property is chain free and offers the following accommodation:

Agent Details

Chancellors, Finchley

020 3871 3815

Next Steps?

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