2 Bed Flat, Refurb/BRRR, London, W10 4RG, £415,000

Harrow Road, London W10 4RG - 5 views - 3 months ago

Under Offer

Leasehold

Refurb/BRRR

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£315K - £9.7M
Sold Prices/m²	£5.9K/m² - £18.2K/m²

Square Metres	~68.11 m²
Price/m²	£6.1K/m²
Value Estimate	£427,450£427,450
BMV	3%

End Value (After Refurb)	£664,082£664,082
Uplift in Value	+60%+60%
You could potentially get back more cash than you put into this deal. All your cash out plus £12,555 extra. See the breakdown

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£103,750£103,750
Stamp Duty & Legal Fees	£21,900£21,900
Refurb Costs	£35,963£35,963
Bridging Loan Interest	£10,894£10,894
Total Cash In	£174,256£174,256

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£664,082£664,082
Agent Fees (1%)	£6,641£6,641
Bridging Loan	£311,250£311,250
Bridging Loan Interest	£10,894£10,894
Flip Profit	£171,935£171,935

Local Sold Prices

50 sold prices from £315K to £9.7M, average is £532.5K. £5.9K/m² to £18.2K/m², average is £8.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£490K	01/21	0.11 mi	Flat 2, Gadsden House, Hazlewood Crescent, London, Greater London W10 5DX	£7,903	62	2	Flat
£400K	06/21	0.13 mi	Flat 26, James House, Appleford Road, London, Greater London W10 5GF	-	-	2	Flat
£600K	11/20	0.21 mi	61l, Fifth Avenue, London, Greater London W10 4DL	-	-	2	Flat
£595K	07/23	0.23 mi	64a, Fermoy Road, London, Greater London W9 3NJ	-	-	2	Flat
£845K	07/23	0.25 mi	173, Bonchurch Road, London, Greater London W10 5NN	£11,419	74	2	Flat
£491.6K	06/21	0.26 mi	125, St Ervans Road, London, Greater London W10 5QY	£6,904	71	2	Flat
£690K	10/23	0.26 mi	Flat C, 40, Hormead Road, London, Greater London W9 3NQ	-	-	2	Flat
£315K	05/21	0.27 mi	Third Floor Flat, 75, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£610K	03/21	0.27 mi	67a, Bravington Road, London, Greater London W9 3AA	-	-	2	Flat
£550K	04/21	0.28 mi	76a, Ashmore Road, London, Greater London W9 3DG	£10,000	55	2	Flat
£410K	03/21	0.28 mi	76b - 76c, Ashmore Road, London, Greater London W9 3DG	-	-	2	Flat
£610K	01/21	0.29 mi	76, St Ervans Road, London, Greater London W10 5QT	£7,531	81	2	Flat
£617K	06/21	0.29 mi	44, St Ervans Road, London, Greater London W10 5QT	£7,408	83	2	Flat
£550K	12/23	0.29 mi	84, St Ervans Road, London, Greater London W10 5QT	£6,627	83	2	Flat
£512.5K	06/21	0.29 mi	12a, Mozart Street, London, Greater London W10 4LA	-	-	2	Flat
£430K	12/20	0.3 mi	Flat 37, Queens Park Court, Ilbert Street, London, Greater London W10 4QA	-	-	2	Flat
£775K	11/23	0.3 mi	83, Marne Street, London, Greater London W10 4JF	£12,500	62	2	Flat
£421K	11/20	0.31 mi	2, Portgate Close, London, Greater London W9 3DL	£5,930	71	2	Flat
£465K	11/21	0.31 mi	12, Portgate Close, London, Greater London W9 3DL	£6,458	72	2	Flat
£481K	01/24	0.32 mi	Flat A, 110, Ashmore Road, London, Greater London W9 3DQ	-	-	2	Flat
£481K	01/24	0.32 mi	Flat A, 110, Ashmore Road, London, Greater London W9 3DQ	-	-	2	Flat
£495K	03/23	0.33 mi	23, Orchard Close, London, Greater London W10 5RA	-	-	2	Flat
£505K	03/21	0.35 mi	29, Riverton Close, London, Greater London W9 3DS	£6,474	78	2	Flat
£400K	03/21	0.36 mi	Second Floor Flat, 39, Kilburn Lane, London, Greater London W10 4AE	-	-	2	Flat
£830K	11/20	0.37 mi	48, Oliphant Street, London, Greater London W10 4EG	£10,506	79	2	Flat
£565K	12/20	0.38 mi	43c, Barnsdale Road, London, Greater London W9 3LL	-	-	2	Flat
£505K	01/21	0.41 mi	Flat 21, Marble House, Elgin Avenue, London, Greater London W9 3PS	-	-	2	Flat
£542K	06/21	0.42 mi	Flat B, 135, Ashmore Road, London, Greater London W9 3DA	£9,509	57	2	Flat
£515K	03/21	0.43 mi	175, Kilburn Lane, London, Greater London W10 4AX	£6,776	76	2	Flat
£500K	09/21	0.43 mi	201a, Kilburn Lane, London, Greater London W10 4AX	£9,434	53	2	Flat
£800K	10/20	0.45 mi	3b, Lydford Road, London, Greater London W9 3LU	-	-	2	Flat
£865K	03/21	0.45 mi	4b, Millwood Street, London, Greater London W10 6EH	£11,689	74	2	Flat
£535K	09/23	0.45 mi	186b, Shirland Road, London, Greater London W9 3JF	-	-	2	Flat
£547.5K	06/21	0.45 mi	95a, Kilburn Lane, London, Greater London W10 4AN	£9,747	56	2	Flat
£482K	02/21	0.45 mi	123, Kilburn Lane, London, Greater London W10 4AN	£8,456	57	2	Flat
£9.7M	02/21	0.46 mi	24, Bassett Road, London, Greater London W10 6JJ	£18,173	531	2	Flat
£625K	02/23	0.46 mi	97a, Kilburn Lane, London, Greater London W10 4AN	£10,246	61	2	Flat
£510K	06/21	0.47 mi	Ground Floor Flat, 40, Pember Road, London, Greater London NW10 5LS	£9,808	52	2	Flat
£377K	11/23	0.47 mi	29b, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£495K	04/23	0.47 mi	First Floor Flat, 249, Portnall Road, London, Greater London W9 3BL	£9,000	55	2	Flat
£610K	03/23	0.48 mi	25c, Croxley Road, London, Greater London W9 3HH	-	-	2	Flat
£510K	06/21	0.48 mi	First Floor Flat, 14, Croxley Road, London, Greater London W9 3HL	£8,500	60	2	Flat
£580K	02/23	0.48 mi	24a, Tavistock Crescent, London, Greater London W11 1AL	£8,273	70	2	Flat
£530K	06/21	0.48 mi	227, Kilburn Lane, London, Greater London W10 4BQ	£9,138	58	2	Flat
£650K	11/20	0.48 mi	Ground Floor Flat, 179, Ashmore Road, London, Greater London W9 3DB	£10,000	65	2	Flat
£580K	12/22	0.48 mi	245, Tavistock Crescent, London, Greater London W11 1AE	£7,532	77	2	Flat
£583.2K	05/21	0.49 mi	Ground Floor Flat, 55, Pember Road, London, Greater London NW10 5LT	-	-	2	Flat
£834K	01/23	0.49 mi	Ground Floor Flat West, 9, Bassett Road, London, Greater London W10 6LA	-	-	2	Flat
£525K	10/21	0.49 mi	88a, Walterton Road, London, Greater London W9 3PQ	-	-	2	Flat
£485K	07/23	0.49 mi	First Floor Flat, 141, Fernhead Road, London, Greater London W9 3ED	£8,362	58	2	Flat

Local Rents

51 rents from £2K/mo to £4.9K/mo, average is £2.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,379	10/24	0.09 mi	Ash House, London, W10	2	Flat
£2,383	10/24	0.09 mi	-	2	Flat
£2,400	10/24	0.15 mi	Southern Row, London, W10	2	Flat
£2,400	10/24	0.15 mi	-	2	Flat
£2,709	10/24	0.17 mi	Southern Row, Ladbroke Grove, London, W10	2	Flat
£2,450	10/24	0.18 mi	Southern Row, London, W10	2	Flat
£2,400	10/24	0.19 mi	-	2	Terraced House
£1,999	03/25	0.2 mi	-	2	Flat
£2,300	04/25	0.2 mi	-	2	Flat
£2,750	10/24	0.2 mi	Third Avenue, Third Avenue, W10	2	Flat
£2,250	03/25	0.2 mi	-	2	Flat
£2,297	10/24	0.2 mi	Banister Road, North Kensington	2	Flat
£3,200	11/24	0.21 mi	-	2	Flat
£3,200	01/25	0.21 mi	-	2	Flat
£3,200	02/25	0.21 mi	-	2	Flat
£1,995	12/24	0.21 mi	-	2	Flat
£2,650	10/24	0.22 mi	-	2	Flat
£2,550	11/24	0.22 mi	-	2	Flat
£2,600	03/25	0.22 mi	-	2	Flat
£2,600	03/25	0.22 mi	-	2	Flat
£2,750	10/24	0.22 mi	Fermoy Road, London, W9	2	Flat
£3,450	10/24	0.22 mi	Fermoy Road, Maida Hill W9	2	Flat
£4,900	11/24	0.23 mi	-	2	Terraced House
£2,500	10/24	0.23 mi	Fermoy Road , London, W9	2	Flat
£3,100	10/24	0.23 mi	17, Faraday Road, London, W10	2	Flat
£3,950	03/25	0.23 mi	-	2	Flat
£3,950	03/25	0.23 mi	-	2	Flat
£2,500	10/24	0.23 mi	Ladbroke Grove London W10	2	Flat
£2,200	11/24	0.24 mi	-	2	Flat
£2,970	04/25	0.24 mi	-	2	Flat
£2,100	10/24	0.24 mi	Bravington Road, London, W9	2	Flat
£2,100	10/24	0.24 mi	-	2	Flat
£2,700	11/24	0.24 mi	-	2	Flat
£2,100	12/24	0.24 mi	-	2	Flat
£2,100	12/24	0.24 mi	-	2	Flat
£2,200	03/25	0.24 mi	-	2	Flat
£2,015	10/24	0.25 mi	Coomassie Road, Maida Vale, London, W9	2	Flat
£2,300	10/24	0.25 mi	Fermoy Road, Westbourne Park, London, W9	2	Flat
£3,358	10/24	0.25 mi	Faraday Road, London, W10	2	Flat
£3,000	10/24	0.25 mi	Faraday Road London W10	2	Flat
£3,250	10/24	0.26 mi	Ladbroke Grove, London, W10	2	Flat
£2,095	02/25	0.26 mi	-	2	Flat
£3,250	10/24	0.26 mi	Ladbroke Grove, Ladbroke Grove W10	2	Flat
£2,300	10/24	0.26 mi	Fermoy Road, W9	2	Flat
£2,396	10/24	0.27 mi	Fermoy Road, Maida Vale	2	Flat
£2,350	10/24	0.27 mi	Portnall Road, London, W9	2	Flat
£2,350	10/24	0.27 mi	-	2	Flat
£2,350	10/24	0.27 mi	-	2	Flat
£2,500	10/24	0.27 mi	Portnall Road, London	2	Flat
£2,199	04/25	0.27 mi	-	2	Flat
£2,500	04/25	0.28 mi	-	2	Flat

Local Area Statistics

Population in W10	33,63833,638
Population in London	4,771,9214,771,921
Town centre distance	4.46 miles away4.46 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.58 miles away0.58 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-13%-13%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+4%+4%

Property History

Listed for £415,000

January 7, 2025

Floor Plans

Description

Two double bedrooms +
Abundance of Natural Light +
Spacious +
In need of modernisation +
Leasehold +
Views of the canal +
Split Level +
Apartment +
Westminster Borough +
Close to local shops and amenities +

Welcome to this generously proportioned split-level apartment, offering two double bedrooms and an abundance of natural light. Located in the prestigious Westminster Borough, this home boasts picturesque views of the canal and a prime position close to local shops and amenities.

The property features a spacious layout, ideal for creating your dream home. While in need of modernisation, this apartment presents an exciting opportunity to personalize and add value. Its split-level design adds character and separates the living and sleeping areas for enhanced privacy and comfort.

As a leasehold property, this home provides a secure investment in a sought-after area. With its excellent location and unique potential, this canal-view apartment is perfect for those looking to craft a bespoke living space

Agent Details

Mile, Kensal Rise & Willesden Green

020 8968 6000

Next Steps?

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

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2 Bed Flat, Refurb/BRRR, London, W10 4RG, £415,000

ValuationUndervalued

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Investment Opportunity

Local Sold Prices

Local Rents