2 Bed Flat, Single Let, London, NW4 1PW, £325,000

Madison Court, 145 Great North Way, London, NW4 1PW - 4 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£228.8K - £653K
Sold Prices/m²£3K/m² - £7.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£401,966
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,625 - £3,400

Rent Estimate

£1,628

Running Costs/mo

£1,361

Cashflow/mo

£267

Cashflow/yr

£3,201

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £228.8K to £653K, average is £372.5K. £3K/m² to £7.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£350K02/210.32 mi4c, Sunningfields Crescent, London, Greater London NW4 4RD2
£430K03/230.38 mi52a, Sunny Gardens Road, London, Greater London NW4 1RY2
£320K12/200.4 miFlat 9, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£390K01/210.4 miFlat 32, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£345K10/230.4 miFlat 26, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£375K03/210.4 miFlat 33, Claydon House, Holders Hill Road, London, Greater London NW4 1LS2
£360K06/210.46 miFlat 12, Fernside Court, Holders Hill Road, London, Greater London NW4 1JT2
£390K05/230.5 miFlat 4, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£415K12/200.5 miFlat 19, Timberdene, Holders Hill Road, London, Greater London NW4 1LA2
£455K02/210.51 mi69, Sunny Gardens Road, London, Greater London NW4 1SJ2
£360K08/210.54 mi29, Wheatley Close, London, Greater London NW4 4LG2
£318K11/210.54 mi38, Wheatley Close, London, Greater London NW4 4LG2
£470K02/210.56 miFlat 19, Edinburgh House, Tenterden Grove, London, Greater London NW4 1TL2
£290K05/210.57 miFlat 1, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£370K11/200.57 miFlat 4, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£402.5K03/230.57 miFlat 21, Westchester Court, Westchester Drive, London, Greater London NW4 1RB2
£322.5K01/230.57 mi101, Wheatley Close, London, Greater London NW4 4LF2
£325K02/230.58 mi16, Seaton Square, London, Greater London NW7 1GB2
£420K06/210.59 mi20, Seaton Square, London, Greater London NW7 1GB2
£510K08/230.61 mi4, Tithe Close, London, Greater London NW7 2QD2
£390K03/210.62 miFlat 4, Thurlby Croft, Mulberry Close, London, Greater London NW4 1QP2
£310K10/230.62 miFlat 11, Buckingham Court, Watford Way, London, Greater London NW4 4TD2
£385K06/210.63 miFlat 23, Page Court, Page Street, London, Greater London NW7 2DY2
£407.5K02/210.63 miFlat 3, Pembroke Hall, Mulberry Close, London, Greater London NW4 1QW2
£535K06/210.64 mi5, Honiton Gardens, London, Greater London NW7 1GF2
£405K06/210.64 mi10, Honiton Gardens, London, Greater London NW7 1GF2
£400K02/240.65 mi9, Shillingford Close, London, Greater London NW7 1HQ2
£400K04/210.65 mi40, Shillingford Close, London, Greater London NW7 1HQ2
£395K07/230.65 mi29, Shillingford Close, London, Greater London NW7 1HQ2
£653K06/210.65 mi157, Holders Hill Road, London, Greater London NW7 1ND2
£360K11/220.65 mi15, Wilshaw Close, London, Greater London NW4 4TU2
£375K06/210.65 mi32, Wilshaw Close, London, Greater London NW4 4TU2
£390K09/220.65 mi12a, Milespit Hill, London, Greater London NW7 2PL2
£400K03/210.66 mi38, Shillingford Close, London, Greater London NW7 1HQ2
£410K12/200.67 mi6, Thornbury Close, London, Greater London NW7 1HH2
£340K04/230.71 miFlat 22, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£355K09/210.72 mi11, Sanders Lane, London, Greater London NW7 1BX2
£325K12/200.72 miFlat 21, Golderton, Prince Of Wales Close, London, Greater London NW4 4QZ2
£286K06/210.73 miFlat 15, Dollis Croft, Bittacy Hill, London, Greater London NW7 1HP2
£305K02/210.73 miFlat 20, Thornfield Court, Holders Hill Road, London, Greater London NW7 1LW2
£365K09/230.73 miFlat 14, Holland Court, Page Street, London, Greater London NW7 2DJ2
£350K11/200.75 mi11a, Bittacy Hill, London, Greater London NW7 1HS2
£228.8K09/230.75 mi12a, Bittacy Hill, London, Greater London NW7 1LB2
£295K12/200.76 mi40, Rowlands Close, London, Greater London NW7 2DN2
£344K03/210.76 mi68, Rowlands Close, London, Greater London NW7 2DN2
£344K01/210.76 mi61, Rowlands Close, London, Greater London NW7 2DN2
£295K08/230.76 mi41, Rowlands Close, London, Greater London NW7 2DN2
£340K03/230.79 miFlat 33, Bittacy Court, Bittacy Hill, London, Greater London NW7 1HY2
£435K11/210.82 mi1, Bloomsbury Close, London, Greater London NW7 2DT2
£410K06/210.82 miFlat 7, Paul Court, Windsor Road, London, Greater London N3 3SP2

Local Rents

50 rents from £1.6K/mo to £3.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,97008/240.12 mi-2
£1,80011/240.12 mi-2
£1,80008/240.12 miMaddison Court, London, NW42
£1,80008/240.12 miMaddison Court, London, NW42
£1,80010/240.12 mi-2
£1,75007/240.13 miGreat North Way, London, NW42
£1,75006/240.15 miAugusta Court, Great North Way, Hendon, London, NW42
£1,75007/240.15 miAugusta Court, Great North Way, Hendon, London, NW42
£1,75008/240.15 miAugusta Court, Great North Way, Hendon, London, NW42
£1,75008/240.17 miBallista Court, Great North Way, Hendon2
£2,55004/250.18 mi-2
£3,40004/250.18 mi-2
£2,90004/250.18 mi-2
£1,70007/240.19 miLime Court, Great North Way, Hendon2
£1,90008/240.2 miMadison Ct, Great North Way, Hendon, LONDON, NW42
£1,77506/240.21 miSycamore Court, 203 Great North Way, Hendon, London2
£1,70007/240.21 miSycamore Court, 203 Great North Way, Hendon, London2
£1,80006/240.24 miGreat North Way, HENDON, NW42
£2,00007/240.26 mi-2
£1,99504/250.26 mi-2
£1,99504/250.26 mi-2
£1,95008/240.27 miChristopher Court, London, NW42
£1,79510/240.27 mi-2
£1,95008/240.27 miGreat North Way, London2
£1,95008/240.28 miChristopher Court, Great North Way, Hendon, NW42
£1,80007/240.29 miHilltop Gardens, London, NW4 1JE2
£1,70007/240.31 miChristopher Court, Great North Way, Hendon2
£1,70008/240.31 miChristopher Court, Great North Way, Hendon2
£2,00006/240.32 mi-2
£2,10006/240.32 mi-2
£2,15006/240.32 mi-2
£2,30006/240.32 mi-2
£1,85004/250.32 mi-2
£2,00004/250.32 mi-2
£2,00006/240.32 miSunningfields Crescent, London, NW42
£2,10006/240.32 miSunningfields Crescent, London, NW42
£2,15006/240.32 miSunningfields Crescent, London, NW42
£2,30006/240.32 miSunningfields Crescent, London, NW42
£1,69509/240.34 mi-2
£1,70006/240.36 mi-2
£1,80008/240.36 miSunningfields Road, London2
£2,10006/240.37 mi-2
£1,62507/240.37 mi-2
£1,65006/240.37 miSunningfields Road, London, NW42
£1,62507/240.37 miSunningfields Road, London, NW42
£1,75006/240.37 miSunny Gardens Road, London, NW42
£1,75006/240.37 mi-2
£2,00006/240.39 miSunny Gardens Road, London2
£1,80001/250.4 mi-2
£1,75008/240.41 miHolders Hill Road, Hendon, NW42

Local Area Statistics

Population in NW4

31,745

Population in London

4,771,921

Town centre distance

7.10 miles away

Nearest school

0.50 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Listed for £325,000

December 23, 2024

Floor Plans

Description

  • 2 Double bedrooms +
  • Separate kitchen +
  • En suite +
  • Upper floor +
  • Views +
  • Chain free +
  • Lift +
  • Easy access to A1 +
  • Good rental yield +
  • Leasehold 105 years remaining +

A Modern and spacious two double bedroom purpose built flat with views overlooking Allianz Park.

The Owners Love
“The property is a great size with modern appliances, wonderful views and a dedicated secure parking space”
“Previously a family home and more recently a rental property, all who have lived there have been extremely happy. It has always rented easily”
“The property would be a great home for families, professionals, first time buyers or investors”

We've Noticed
The property overlooks lovely green playing fields.
The property will rent for £21,000pa giving a 7% return.

Agent Details

Martyn Gerrard, Mill Hill

020 3870 3396

Next Steps?

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