2 Bed Flat, Refurb/BRRR, London, W5 2RB, £450,000

Mount Avenue, London, W5 2RB - 4 views - 4 months ago

Leasehold
Refurb/BRRR
ROI: 1%
~70 m²
+8 photos

ValuationFair Value

Sold Prices£316K - £770K
Sold Prices/m²£5.1K/m² - £9.8K/m²

 

 

Square Metres

~69.86 m²
Price/m²£6.4K/m²

Value Estimate

£453,978

 

 

End Value (After Refurb)

£561,676

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£36,991

Bridging Loan Interest

£11,813

Total Cash In

£196,753

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£561,676

Agent Fees (1%)

£5,617

Bridging Loan

£337,500

Bridging Loan Interest

£11,813

Flip Profit

£21,807

Local Sold Prices

50 sold prices from £316K to £770K, average is £450K. £5.1K/m² to £9.8K/m², average is £7.3K/m².

PriceDateDistanceAddressBeds 
£490K05/210.11 mi6, Willowmead Close, London, Greater London W5 1PT2
£465K11/200.14 mi16, St Peters Way, London, Greater London W5 2QR2
£470K04/210.14 mi1, St Peters Way, London, Greater London W5 2QR2
£380K05/210.21 mi59, Fairlea Place, London, Greater London W5 1SP2
£770K02/230.23 miFlat 16, Montpelier Court, Montpelier Road, London, Greater London W5 2QN2
£491K05/230.25 miFlat 8, Helena Court, Eaton Rise, London, Greater London W5 2RE2
£510K07/230.25 miFlat 9, Helena Court, Eaton Rise, London, Greater London W5 2RE2
£520K09/210.25 mi3, Hall Close, London, Greater London W5 2SW2
£537K03/230.25 mi4, Hall Close, London, Greater London W5 2SW2
£400K12/200.27 miFlat 7, Juniper House, Mount Avenue, London, Greater London W5 1QA2
£420K02/230.27 miFlat 3, Juniper House, Mount Avenue, London, Greater London W5 1QA2
£405K03/210.31 mi64, Woodfield Road, London, Greater London W5 1SH2
£467K01/210.34 mi1a, Mount Avenue, London, Greater London W5 1QB2
£380K04/230.37 mi19, Cheriton Close, London, Greater London W5 1TR2
£490K10/230.37 miFlat 24, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£550K04/230.37 miFlat 21, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£490K03/230.37 miFlat 20, Dene Court, Mount Avenue, London, Greater London W5 1TH2
£492.5K06/210.4 mi27, Sandall Close, London, Greater London W5 1JF2
£440K08/210.41 miFlat 13, Sandgate House, Queens Walk, London, Greater London W5 1TN2
£400K11/200.42 miFlat 197, Linden Court, Brunswick Road, London, Greater London W5 1AL2
£450K12/230.43 mi1, Greystoke Gardens, London, Greater London W5 1EP2
£435K01/230.43 miFlat 12, Kings Court, Castlebar Park, London, Greater London W5 1BY2
£450K02/230.44 mi72, Garrick Close, Ealing, London, Greater London W5 1AT2
£430K03/210.44 miFlat 7, Holyoake Court, Pitshanger Lane, London, Greater London W5 1QH2
£535K05/210.44 miFlat 7, Kings Court, Castlebar Park, London, Greater London W5 1BY2
£316K06/210.51 mi78, Buckingham Close, London, Greater London W5 1TT2
£355K03/210.51 mi13, Connell Crescent, London, Greater London W5 3BH2
£500K09/210.53 mi31a, Woodville Gardens, London, Greater London W5 2LL2
£500K12/230.54 miThe Grange, Flat 30, The Knoll, London, Greater London W13 8JJ2
£635K08/230.56 miFlat 10, Daphne Court, Castlebar Road, London, Greater London W5 2DF2
£370K06/210.58 mi68, Connell Crescent, London, Greater London W5 3BL2
£434.5K08/210.6 mi21, Pinewood Grove, London, Greater London W5 2AG2
£432.5K04/230.6 mi13, Pinewood Grove, London, Greater London W5 2AG2
£460K01/210.6 mi5, Pinewood Grove, London, Greater London W5 2AG2
£695K03/210.61 mi14a, Amherst Road, London, Greater London W13 8ND2
£340K10/200.61 mi10, Connell Crescent, London, Greater London W5 3BL2
£385K04/210.61 mi16, Connell Crescent, London, Greater London W5 3BL2
£435K03/210.61 miFlat 8, Dukes Court, Kent Gardens, London, Greater London W13 8DA2
£435K10/230.63 mi2, Haven Green, London, Greater London W5 2UU2
£380K07/230.63 mi27c, Kent Gardens, London, Greater London W13 8BU2
£590K01/210.64 miFlat 22, Thackeray Court, Hanger Vale Lane, London, Greater London W5 3AT2
£375K04/210.64 mi63, Connell Crescent, London, Greater London W5 3BH2
£412.5K03/230.65 mi40, Ealing Village, London, Greater London W5 2LZ2
£480K06/210.65 mi28, Ealing Village, London, Greater London W5 2LZ2
£400K06/230.65 mi41, Ealing Village, London, Greater London W5 2LZ2
£407.5K12/230.66 mi95, Ealing Village, London, Greater London W5 2EA2
£486.5K08/230.68 mi25c, Gordon Road, London, Greater London W5 2AD2
£462.5K06/210.69 mi104, Ealing Village, London, Greater London W5 2EB2
£390K07/230.69 mi123, Ealing Village, London, Greater London W5 2EB2
£470K06/230.69 mi119, Ealing Village, London, Greater London W5 2EB2

Local Rents

50 rents from £1.5K/mo to £4.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,29710/240.04 miMount Avenue, Ealing2
£2,40010/240.05 mi-2
£2,40010/240.05 miMount Ave, London, W52
£2,40011/240.08 mi-2
£2,23903/250.09 mi-2
£2,30003/250.1 mi-2
£1,70010/240.11 miBrentham Way, W52
£2,50010/240.11 miWillowmead Close, Ealing, London, W52
£2,49610/240.11 miWillowmead Close, Ealing2
£2,50010/240.12 miWillowmead Close, LONDON2
£2,00004/250.13 mi-2
£2,19710/240.17 miPark Hill, Ealing2
£2,25003/250.2 mi-2
£2,20010/240.21 miThe Croft, Park Hill, Ealing, London, UK, W52
£1,85012/240.21 mi-2
£1,75012/240.21 mi-2
£1,50010/240.24 miThorpe Hall Mansions, Ealing, W52
£2,09710/240.24 miCorfton Road, Ealing2
£2,30002/250.28 mi-2
£1,80002/250.28 mi-2
£2,60010/240.29 miEaton Rise, Ealing, W52
£2,19710/240.3 miMount Park Road, Ealing2
£2,50010/240.32 mi-2
£2,30003/250.32 mi-2
£2,20110/240.32 miCorfton Road, Ealing2
£3,25010/240.32 miMount Park Road, Ealing, W52
£2,09310/240.32 miWoodfield Road, Ealing2
£2,65010/240.33 mi-2
£1,90010/240.33 miMount Pleasant Road, Ealing, London, W52
£2,00010/240.34 miCorfton Road, Ealing, W52
£2,74710/240.35 miHillcroft Crescent, Ealing2
£1,99810/240.36 miHillside Road, Ealing2
£1,90010/240.37 mi Cheriton Close, W5 1TR2
£2,20010/240.39 miQueens Walk, Ealing2
£2,27510/240.4 miHillcrest Road, Ealing Broadway2
£2,09710/240.4 miHillcrest Road, Ealing2
£2,00002/250.41 mi-2
£2,15004/250.41 mi-2
£2,39610/240.41 miAston Road, Ealing2
£2,99910/240.41 miAston Road, Ealing2
£1,84610/240.41 miWoodville Road, Ealing2
£2,60002/250.42 mi-2
£1,95004/250.42 mi-2
£1,75002/250.42 mi-2
£2,80002/250.43 mi-2
£2,40004/250.43 mi-2
£1,80010/240.43 miGarrick Close London W52
£4,40011/240.43 mi-2
£4,30003/250.43 mi-2
£4,45003/250.43 mi-2

Local Area Statistics

Population in W5

49,952

Population in London

4,771,921

Town centre distance

8.46 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Price changed to £450,000

February 12, 2025

Listed for £475,000

December 26, 2024

Floor Plans

Description

  • Second floor, purpose built flat in Ealing +
  • Two double bedrooms +
  • Private garage +
  • Residents communal garden +
  • No onward chain +
  • 900+ year lease +
  • Circa 800 sq.ft +

SUMMARY
This second floor flat situated in Cecil Close in Mount Avenue in Ealing, offering two double bedrooms, a spacious reception room, a private garage, and no onward chain. Please call the Ealing branch today to arrange a viewing!

DESCRIPTION
A spacious, second floor flat, set within a purpose-built block situated on Mount Avenue in Ealing. The property is circa 800 sq.ft and is in need of some refurbishment which is perfect for a purchaser wanting to create their own style home.

The property offers a large entrance hall, a reception/dining room, a separate kitchen, a main double bedroom, a second double bedroom and a family bathroom. Other benefits include over 900+ year lease remaining, a useful hallway storage cupboard, a large well-kept resident's garden, a share of freehold, a private garage and no onward chain.

The flat is excellently located within easy walking distance of 3 stations that collectively service all parts of the West London - Ealing Broadway (Elizabeth, District, Central) , Hanger Lane (Central) & Park Royal (Piccadilly) . The A40 & M40 is also easily accessible.

The property is also within a short walk to the popular Ealing town and shopping centre which contains the full range of High Street stores, an abundance of restaurants and cafes, and also offers many local amenities such as the new Filmworks picture house.

The immediate vicinity has an excellent selection of renowned state and private schools such as Montpellier Rd Primary School.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Ealing

020 3872 3747

Next Steps?

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