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4 Bed Flat, Refurb/BRRR, London, W10 5SG, £1,800,000

Portobello Road, London W10 5SG - 3 views - 3 months ago

Under Offer
Refurb/BRRR
ROI: 1%
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£372K - £4.9M
Sold Prices/m²£5.2K/m² - £30K/m²

 

 

Square Metres

~129.26 m²
Price/m²£13.9K/m²

Value Estimate

£1,333,191

 

 

End Value (After Refurb)

£1,487,420

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£450,000

Stamp Duty & Legal Fees

£182,450

Refurb Costs

£68,248

Bridging Loan Interest

£47,250

Total Cash In

£749,698

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,487,420

Mortgage (After Refinance)

£1,115,565

Mortgage LTV

75%

Cash Left In

£749,698

Equity

£371,855

Rent Range

£2,448 - £17,333

Rent Estimate

£6,922

Running Costs/mo

£6,053

Cashflow/mo

£869

Cashflow/yr

£10,433

ROI

1%

Gross Yield

5%

Local Sold Prices

44 sold prices from £372K to £4.9M, average is £1.9M. £5.2K/m² to £30K/m², average is £13.2K/m².

PriceDateDistanceAddressBeds 
£1.1M01/210.12 miUpper Maisonette, 19, Chesterton Road, London, Greater London W10 5LY4
£2.8M11/210.5 miUpper Maisonette, 25, Blenheim Crescent, London, Greater London W11 2EF4
£535K06/210.7 miFlat 11, Moulsford House, Westbourne Park Road, London, Greater London W2 5UN4
£4.5M08/230.86 mi7a, Pembridge Villas, London, Greater London W11 3EN4
£485K06/230.89 mi36b, Ashburnham Road, London, Greater London NW10 5SD4
£397.5K11/201.21 miFlat 62, Mackay House, White City Estate, London, Greater London W12 7PD4
£3.0M03/211.29 mi4, Randolph Crescent, London, Greater London W9 1DR4
£1.1M01/231.29 mi4a, Brondesbury Villas, London, Greater London NW6 6AA4
£2.0M03/231.3 mi18, Stanlake Villas, London, Greater London W12 7EX4
£372K07/231.36 miRaised Ground Floor Flat, 11, Victoria Road, Kilburn, London, Greater London NW6 6SX4
£2.3M01/211.39 miFlat 22, Vale Court, Maida Vale, London, Greater London W9 1RT4
£2.0M07/231.39 mi33, Sinclair Gardens, London, Greater London W14 0AU4
£585K03/211.41 mi73, Furness Road, London, Greater London NW10 5UJ4
£610K11/201.45 miFlat 19, Lanark Mansions, Pennard Road, London, Greater London W12 8DN4
£1.7M03/231.46 miFlat 41, St. Marys Mansions, St Marys Terrace, London, Greater London W2 1SQ4
£890K06/231.48 miFlat 14, Addison Park Mansions, Richmond Way, London, Greater London W14 0EB4
£2.1M06/211.52 miFlat 6, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL4
£1.8M09/231.52 miFlat 8, Westminster Court, Aberdeen Place, London, Greater London NW8 8JL4
£3.6M12/201.54 mi68, Oakwood Court, London, Greater London W14 8JF4
£3.0M01/231.54 mi151, Oakwood Court, London, Greater London W14 8JT4
£4.8M04/211.58 mi11, Campden Hill Road, London, Greater London W8 7DX4
£665K09/211.65 mi21b, Ainsworth Way, London, Greater London NW8 0SR4
£2.7M03/211.66 miFlat 50, South Lodge, Circus Road, London, Greater London NW8 9ET4
£660K10/201.69 mi3b, Ainsworth Way, London, Greater London NW8 0SR4
£3.4M12/221.74 mi70, Wynnstay Gardens, London, Greater London W8 6UU4
£2.9M04/231.77 mi7, Iverna Gardens, London, Greater London W8 6TN4
£4.1M03/231.81 miFlat 6, Cedar House, Marloes Road, London, Greater London W8 5LA4
£875K05/211.82 miFirst And Second Floor Maisonette, 12, Leysfield Road, London, Greater London W12 9JF4
£925K05/231.83 miFlat 2, Glyn Mansions, Hammersmith Road, London, Greater London W14 8XH4
£2.8M08/231.84 miFlat 6, Rutland House, Marloes Road, London, Greater London W8 5LE4
£4.9M03/211.84 mi12, Kensington Court Gardens, London, Greater London W8 5QE4
£1.3M03/231.84 mi158b, Iverson Road, London, Greater London NW6 2HH4
£3.4M05/231.84 miFlat 9, Hamston House, Kensington Court Place, London, Greater London W8 5BL4
£3.0M02/231.85 miFlat 5, Rutland House, Marloes Road, London, Greater London W8 5LE4
£1.4M05/231.85 miFlat 33, Palace Mansions, Earsby Street, London, Greater London W14 8QW4
£930K10/211.86 mi76a, St Elmo Road, London, Greater London W12 9DX4
£1.2M01/241.88 miFlat 12f, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BB4
£805K12/231.89 miUpper Maisonette, 116, Brackenbury Road, London, Greater London W6 0BD4
£1.9M12/201.9 miFlat 22, Cottesmore Court, Stanford Road, London, Greater London W8 5QN4
£2.5M08/231.9 miFlat 10m, Hyde Park Mansions, Cabbell Street, London, Greater London NW1 5BG4
£4.7M11/201.96 mi33a, Pembroke Road, London, Greater London W8 6DP4
£1.7M12/201.96 mi5, Fitzjames Avenue, London, Greater London W14 0RP4
£3.9M08/211.96 mi3, Devonshire Place, London, Greater London W8 5UD4
£2.4M02/211.97 miFlat 31, Hanover House, St Johns Wood High Street, London, Greater London NW8 7DY4

Local Rents

51 rents from £2.4K/mo to £17.3K/mo, average is £4.9K/mo.

RentDateDistanceAddressBeds 
£3,87810/240.04 miBonchurch Road3
£14,95010/240.06 miSt. Lawrence Terrace, North Kensington4
£14,95010/240.06 miSt. Lawrence Terrace, London, W104
£14,95010/240.07 miSt Lawrence Terrace, North Kensington, London, W104
£14,95010/240.07 miSt. Lawrence Terrace, Westbourne Park, W104
£3,80001/250.08 mi-4
£6,71710/240.09 miBonchurch Road, London, W103
£8,30003/250.11 mi-3
£3,68304/250.12 mi-3
£3,10010/240.14 mi-3
£2,44810/240.17 miTreverton Towers, Treverton Street, London3
£6,50010/240.17 miMillwood Street, London, W103
£6,06710/240.19 miBassett Road, London, W103
£3,80010/240.2 miHewer Street, London, W103
£3,57510/240.21 miSouthern Row, Ladbroke Grove, London, W103
£3,20011/240.25 mi-3
£16,25010/240.26 miSt. Charles Square, Notting Hill, London, W105
£4,00003/250.3 mi-4
£3,70012/240.35 mi-4
£3,80010/240.35 miSt. Helens Gardens, North Kensington , London, Royal Borough of Kensington and Chelsea, W104
£5,10002/240.36 mi-3
£4,90003/250.36 mi-3
£4,95003/250.36 mi-3
£3,80010/240.37 miSt Helens Garden, London, W104
£7,99902/240.37 mi-4
£3,85002/250.39 mi-4
£6,50010/240.39 miLancaster Road London W114
£5,99710/240.39 miBrewster Gardens, London, W104
£9,96710/240.41 miSt Helens Gardens, London, W104
£17,33310/240.43 miSt Quintin Avenue, North Kensington, W103
£3,25002/250.43 mi-3
£5,59910/240.43 miScampston Mews, London, W103
£3,75011/240.43 mi-3
£6,49012/240.44 mi-3
£10,50010/240.45 miWestbourne Park Road, W113
£12,00010/240.45 miWestbourne Park Road, W113
£11,26710/240.45 miFinstock Road, North Kensington, W105
£3,50010/240.45 mi-3
£4,76710/240.46 miKensington Park Road, London, W113
£5,98010/240.47 miCaird Street, London, W104
£9,98810/240.48 miSt Marks Place, Notting Hill W114
£3,70008/240.49 miHarrow Road, London, NW103
£4,50012/240.5 mi-4
£4,50012/240.5 mi-4
£3,68310/240.5 miElgin Avenue, London, W93
£3,10001/250.51 mi-3
£3,68310/240.51 miMoray Apartments, Elgin Avenue, Maida Vale, W93
£3,50002/240.51 mi-3
£9,75010/240.51 miKensington Park Road, Notting Hill, London, W113
£9,75010/240.51 miKensington Park Road, Notting Hill3
£4,50002/250.51 mi-3

Links

Local Area Statistics

Population in W10

33,638

Population in London

4,771,921

Town centre distance

4.56 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-13%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £1,800,000

January 9, 2025

Floor Plans

Description

  • Freehold property +
  • Currently two flats +
  • Great location +
  • Tenants to vacant in July +
  • 2014 sq ft +
  • Two bed ground floor with OSS +
  • Four bedroom first floor +
  • Viewing recommended +
  • GF would benefit from modernisation in parts +
  • Close to shops and transport +

Welcome to Portobello Road, where vibrant city living meets iconic London charm. This freehold property, currently configured as two separate flats, offers versatile living space across four levels with a combined approximate internal area of 2,014 sq. ft.. Nestled on one of West London's most famous streets, you'll be surrounded by the cultural buzz of Portobello Market, renowned for antiques, fashion, and fresh produce.

Located in the heart of Ladbroke Grove, transport links are incredibly convenient. Ladbroke Grove Tube station (Circle and Hammersmith & City lines) is just a 10-minute walk away. For bus routes, you're merely a 2-minute walk to stops at Cambridge Gardens or Ladbroke Grove, with several lines connecting to Central London and beyond, including the 23, 52, and 228 routes.

The area offers a perfect mix of lively attractions and serene spots. Explore local gems like the Electric Cinema, stroll around the green spaces of Holland Park, or savour culinary delights at nearby eateries such as The Ledbury or Golborne Deli.

This property presents an exciting opportunity for both investors and homeowners seeking flexibility in one of London's most sought-after locations.

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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