2 Bed Flat, Single Let, London, NW1 8PJ £450,000

Farrier Street, Camden, NW1 8PJ - 9 views - a year ago

Sold STC

Leasehold

BTL

~74 m²

ValuationUndervalued

Sold Prices	£391.1K - £1.5M
Sold Prices/m²	£5.6K/m² - £15.8K/m²

Square Metres	~73.67 m²
Price/m²	£6.1K/m²
Value Estimate	£553,500£553,500
BMV	23%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£112,500£112,500
Stamp Duty & Legal Fees	£36,200£36,200
Total Cash In	£148,700£148,700

Cash Out
Rent Range	£1,700 - £4,498£1,700 - £4,498
Rent Estimate	£1,583
Running Costs/mo	£1,743£1,743
Cashflow/mo	£-160£-160
Cashflow/yr	£-1,918£-1,918
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £391.1K to £1.5M, average is £632.5K. £5.6K/m² to £15.8K/m², average is £9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£405K	03/23	0.09 mi	Flat 27, Foster Court, Royal College Street, London, Greater London NW1 9NL	-	-	2	Flat
£475K	12/22	0.1 mi	Second And Third Floor Flat, 231, Royal College Street, London, Greater London NW1 9LT	-	-	2	Flat
£1.5M	12/22	0.12 mi	57, Kentish Town Road, London NW1 8NX	£10,100	150	2	Flat
£1.5M	12/22	0.13 mi	57, Kentish Town Road, London, Greater London NW1 8NX	£10,100	150	2	Flat
£548.1K	10/23	0.15 mi	2, Bonny Street, London, Greater London NW1 9PG	-	-	2	Flat
£623K	03/25	0.16 mi	Flat A, 6, Bartholomew Villas, London NW5 2LL	-	-	2	Flat
£730K	03/25	0.16 mi	Flat B, 153, St Pancras Way, London NW1 0SY	-	-	2	Flat
£755K	08/25	0.16 mi	Flat 3, 37, Camden Road, London NW1 9LR	-	-	2	Flat
£642K	08/23	0.2 mi	Flat 1, Barling, Castlehaven Road, London, Greater London NW1 8TJ	-	-	2	Flat
£822.5K	08/21	0.21 mi	33a, Rochester Square, London, Greater London NW1 9RZ	-	-	2	Flat
£530K	05/25	0.24 mi	Flat 3, 4, Grafton Yard, London NW5 2NF	£7,910	67	2	Flat
£530K	05/25	0.24 mi	Flat 3, 4, Grafton Yard, London NW5 2NF	-	-	2	Flat
£515K	11/23	0.24 mi	11, Basement Flat, Lyme Street, London NW1 0EH	£11,196	46	2	Flat
£485K	07/25	0.24 mi	Flat 14, Una House, Prince Of Wales Road, London NW5 3LA	-	-	2	Flat
£770.3K	06/25	0.25 mi	Flat A, 124, Camden Street, London NW1 0HY	-	-	2	Flat
£825K	10/21	0.26 mi	Lower Maisonette, 8, Healey Street, London, Greater London NW1 8SR	-	-	2	Flat
£545K	08/25	0.27 mi	Flat 3, 178, Camden Road, London NW1 9HG	-	-	2	Flat
£770K	06/24	0.27 mi	110b, Camden Street, London, Greater London NW1 0HY	£9,167	84	2	Flat
£747.5K	12/21	0.28 mi	31a, Gaisford Street, London, Greater London NW5 2EB	£15,773	47	2	Flat
£675K	06/21	0.3 mi	39c, Prince Of Wales Road, London, Greater London NW5 3LJ	-	-	2	Flat
£715K	05/23	0.3 mi	Flat C, 37, Prince Of Wales Road, London, Greater London NW5 3LJ	-	-	2	Flat
£730K	06/25	0.31 mi	40b, Stratford Villas, London NW1 9SG	£11,587	63	2	Flat
£730K	06/25	0.31 mi	40b, Stratford Villas, London NW1 9SG	-	-	2	Flat
£640K	02/25	0.32 mi	107, Flat A, Bartholomew Road, London NW5 2AR	-	-	2	Flat
£540K	11/23	0.33 mi	Flat 34, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£520K	07/23	0.33 mi	Flat 23, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£530K	10/23	0.33 mi	Flat 49, Harmood House, Harmood Street, London, Greater London NW1 8DY	-	-	2	Flat
£652.6K	11/23	0.33 mi	19d, Caversham Road, London, Greater London NW5 2DT	-	-	2	Flat
£550K	03/25	0.35 mi	75 Republic Court, Flat 5, Prince Of Wales Road, London NW5 3LT	£9,167	60	2	Flat
£590K	08/25	0.35 mi	Flat A, 33, Willes Road, London NW5 3DN	-	-	2	Flat
£565K	10/23	0.37 mi	38c, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£1.1M	09/23	0.37 mi	62a, Caversham Road, London, Greater London NW5 2DS	-	-	2	Flat
£425.5K	02/24	0.37 mi	124, Barker Drive, London NW1 0JE	£8,510	50	2	Flat
£555K	03/23	0.37 mi	34, Forge Place, London, Greater London NW1 8DQ	£7,115	78	2	Flat
£391.1K	02/25	0.38 mi	158, Barker Drive, London NW1 0JE	£8,890	44	2	Flat
£750K	12/24	0.38 mi	37 41 Carpenter Court, Flat 15, Pratt Street, London NW1 0BJ	£10,274	73	2	Flat
£725K	05/24	0.39 mi	65, Jamestown Road, London NW1 7DB	£5,620	129	2	Flat
£647K	06/25	0.39 mi	15, Holmes Road, London NW5 3AA	£6,343	102	2	Flat
£647K	06/25	0.39 mi	15, Holmes Road, London NW5 3AA	-	-	2	Flat
£800K	02/25	0.39 mi	159 161, Flat 3, Camden High Street, London NW1 7JY	-	-	2	Flat
£420K	06/21	0.4 mi	194, Barker Drive, London, Greater London NW1 0JF	£8,400	50	2	Flat
£425K	03/23	0.41 mi	174, Barker Drive, London, Greater London NW1 0JF	£8,500	50	2	Flat
£399.9K	07/24	0.41 mi	220, Barker Drive, London NW1 0JF	£7,999	50	2	Flat
£700K	11/21	0.41 mi	90b - 90c, Caversham Road, London, Greater London NW5 2DN	-	-	2	Flat
£610K	01/23	0.43 mi	2d, North Villas, London, Greater London NW1 9BJ	-	-	2	Flat
£680K	08/23	0.43 mi	98a, College Place, London, Greater London NW1 0DJ	-	-	2	Flat
£625K	05/23	0.43 mi	93b, Prince Of Wales Road, London, Greater London NW5 3NA	£9,384	67	2	Flat
£515K	06/21	0.43 mi	Ground Floor Flat, 73, College Place, London, Greater London NW1 0DR	£8,583	60	2	Flat
£1.1M	01/25	0.43 mi	55 57, Flat 4, Holmes Road, London NW5 3AN	£9,401	121	2	Flat
£570K	02/23	0.44 mi	90b, Agar Grove, London, Greater London NW1 9TL	-	-	2	Flat

Local Rents

50 rents from £1.7K/mo to £4.5K/mo, average is £3K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,800	09/25	0.04 mi	Wilmot Place, London, NW1	2	Flat
£2,383	10/25	0.05 mi	Royal College Street, Camden NW1	2	Flat
£4,200	10/25	0.05 mi	Wilmot Place, Camden Town, London, NW1	2	Flat
£3,200	11/25	0.06 mi	Kentish Town Road, Kentish Town, London, NW1	2	Flat
£2,747	06/24	0.06 mi	Kentish Town Road, Kentish Town Road	2	Flat
£3,250	08/25	0.06 mi	Kentish Town Road, Kentish Town	2	Flat
£4,200	11/25	0.06 mi	Wilmot Place, London	2	Flat
£2,492	06/24	0.07 mi	Jeffreys Street, Camden Town, London, NW1	2	Flat
£2,058	07/25	0.07 mi	Kentish Town Road, Camden Town, NW1	2	Flat
£4,498	06/24	0.07 mi	Kentish Town Road, Camden, NW1	2	Flat
£3,425	09/25	0.08 mi	-	2	Terraced House
£3,450	10/25	0.08 mi	Ivor Street, London	2	Semi-Detached House
£2,800	10/25	0.08 mi	Prowse Place, Camden, London, NW1	2	Terraced House
£2,700	10/25	0.08 mi	Prowse Place, Camden, NW1	2	Terraced House
£2,450	11/25	0.08 mi	-	2	Flat
£2,800	10/25	0.08 mi	Prowse Place, Camden Town, London	2	Terraced House
£2,100	03/25	0.09 mi	-	2	Flat
£2,799	10/25	0.09 mi	Prowse Place, Camden	2	Terraced House
£2,250	08/25	0.09 mi	Camden Street, Camden, NW1	2	Flat
£2,050	12/24	0.09 mi	-	2	Flat
£1,700	12/24	0.09 mi	-	2	Flat
£2,200	08/25	0.09 mi	-	2	Flat
£2,490	12/24	0.09 mi	-	2	Flat
£3,000	06/24	0.09 mi	Rochester Mews, London, NW1	2	Flat
£2,200	08/25	0.09 mi	Royal College Street, Camden, London, NW1	2	Flat
£4,000	08/25	0.1 mi	-	2	Terraced House
£4,000	08/25	0.1 mi	Prowse Place, London, NW1	2	Terraced House
£2,800	10/25	0.1 mi	Prowse Place, Camden, London, NW1	2	Terraced House
£3,000	06/24	0.1 mi	-	2	Flat
£2,383	09/25	0.1 mi	Camden Street, Camden NW1	2	Flat
£2,167	09/25	0.1 mi	Camden Street, Camden NW1	2	Flat
£2,812	11/25	0.1 mi	-	2	Flat
£3,750	10/25	0.1 mi	Rochester Place, Camden, London, NW1	2	Flat
£3,033	11/25	0.11 mi	Camden Street, Camden	2	Flat
£2,400	07/25	0.11 mi	Lorraine Court, Kentish Town, London, NW1	2	Flat
£3,000	06/24	0.11 mi	Clarence Way, London, NW1	2	Flat
£3,450	02/24	0.11 mi	-	2	Flat
£3,467	04/25	0.11 mi	-	2	Flat
£3,467	03/25	0.11 mi	-	2	Flat
£2,750	10/25	0.11 mi	Rochester Road, London	2	Flat
£3,445	07/25	0.12 mi	Camden Courtyards, Rochester Place, Camden, NW1	2	Flat
£3,350	09/25	0.12 mi	Camden Courtyards, St Pancras Way, Camden, NW1	2	Flat
£3,297	09/25	0.12 mi	Camden Courtyards, St Pancras Way, Camden, NW1	2	Flat
£3,298	10/25	0.12 mi	Camden Courtyards, St Pancras Way, Camden, NW1	2	Flat
£3,250	10/25	0.12 mi	Camden Courtyards, St Pancras Way, Camden, NW1	2	Flat
£3,297	11/25	0.12 mi	Camden Courtyards, St. Pancras Way, Camden, NW1	2	Flat
£3,298	11/25	0.12 mi	Camden Courtyards, St. Pancras Way, Camden, NW1	2	Flat
£3,500	09/25	0.12 mi	-	2	Flat
£3,250	06/24	0.12 mi	St. Pancras Way, Camden	2	Flat
£3,727	09/25	0.12 mi	St Pancras Way, Camden Town, London, NW1	2	Flat

Local Area Statistics

Population in NW1	60,30560,305
Population in London	4,771,9214,771,921
Town centre distance	1.83 miles away1.83 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.14 miles away0.14 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+5%+5%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	-7%-7%

Property History

Listed for £450,000

January 6, 2025

Floor Plans

Description

A large second floor purpose built flat set within a small block offering a generous 793 Sq/Ft (73 Sq.M.) of internal floor space comprising of a living room, kitchen breakfast room, two double bedrooms a bathroom and with the added benefit of a spacious communal courtyard. Located within a short walk of Camden Towns famous market with its wide selection of food outlets, pleasant canal walks and independent shops as well as good transport links into town. Offered Chain Free. New 250 Year Lease. A Mixed Tenure Block.

First Floor -

Entrance Hallway -

Living Room -

Kitchen Breakfast Room -

Bathroom/W.C. -

Bedroom One -

Bedroom Two -

Additional Information - New 250 Year Lease
Service Charge £1426.22 per annum
Ground Rent - Zero

Agent Details

Matthew James & Company, Kentish Town

020 3872 4803

Next Steps?

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